Post
Topic
Board Bitcoin Discussion
Re: What do you think now BTC is more scarce?
by
odolvlobo
on 28/04/2018, 00:51:24 UTC
It's still early if to say bitcoin scarce at this time, there still 4 million that hasn't been in the mining. If already in the 21 million bitcoin mining it can be said with scarce, if there are still many people who still don't have bitcoin and they want to buy bitcoin. Let say, if you have not invested in bitcoin, now is the right time to start. Hold for a long term, and I believe you will become a rich men.

Btc becoming scarce is a sign of bullish event occurrence . the law of demand and supply has to come to play, except btc price to increase in USD

"Scarce" is a concept in economics that means "limited" or "finite". It does not mean "rare" or "difficult to obtain".

btc is now more rare it's a common thing because btc is now still one of the coins in the rush by many people. now btc will continue to grow into one of the coins that continue to have a high price. so i think now it's normal btc experience scarcity.

Bitcoins are not more rare. There are 1,700,000,000,000,000 satoshis, and there will be 2,100,000,000,000,000 satoshis-- enough for 300,000 per person. 300,000 per person of anything is not rare.