Post
Topic
Board Bitcoin Discussion
Re: Bitcoin does not have limited supply
by
jikurpa
on 04/10/2018, 13:19:28 UTC
The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )
maybe what I know is that the amount is limited in supply but the unlimited is the exchange and movement of buying and selling of the crypto currency itself and with that trade the price and value of crypto currencies vary in price