Post
Topic
Board Bitcoin Discussion
Re: Bitcoin supply and demand.
by
Hopeful2017
on 09/02/2018, 03:41:44 UTC
For those worried BTC might not go much higher. There was news circulating in social media about 80% of the total 21 million supplies have been mined and are in circulating in the market plus those are in idles. There are basically less than 5 million btc need to be mined...no need a racket science.. Supply and demand, bitcoin prices will soar high.


There is enough supply for Bitcoin in the market. Not every user has higher than 3 bitcoin I think. Also, the price of the Bitcoin is making sure that people who have it will sell if the price go up and buy when it goes down. The supply is just going round and having a cycle. No need to worry about the price because it will go up again.