Quote from: Fortify on July 12, 2021, 07:51:28 PM

Quote from: farhanabd88 on June 28, 2021, 03:39:22 PM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

I have a feeling that the limited supply of Bitcoin will ultimately in the long run be a bad thing for Bitcoin. 21 million might sound like a lot but it that has to be shared by the desires of over 7.8 billion people and is badly suited to conduct regular transactions that would make it a useful trading asset. At present most of the Bitcoin in circulation is being held for speculative purposes, hoping that someone else will come along and buy it for a higher price than you paid. An effective currency needs mass adoption beyond such a limited purpose, it is nice to have a decentralized banking system but the current banking system currently allows for pretty low friction transactions already.

It's true, that it's running low we can only visit the market to have a few Satoshi. Then only the big holders would laugh out loud at the running out of supplies. While the whales continue to live by holding Bitcoin on a large scale. Plays the price as he pleases, without fear of loss, because he is a big holder. While we, who are only small details, don't know what to do.