Good day everyone,I always wanted to make thread on this (21million Bitcoin in existence)but don't know if it was discussed before,however it depends on how everyone might view it in different perspective,to me I understood that the 21Million seems to the total number of Bitcoin going to be in existence from my research,so I wandered how?....For instance if the investor's eventually purchase them all(if possible)and all the bitcoin miners have mined the 21M finish,does that mean bitcoin is going to be scarce ?
If yes then how would upcoming investment be able to purchase it because if after the existence of 21M,bitcoin may be difficult to purchase in the future and due to the scarcity of bitcoin from my logic there will be increas in demand and obviously the value of each bitcoin could rise seriously.
What's your thought about this and how would the investment decisions will be in future?
Yes bitcoin reaching its total supply will be minted out and it will definitely be scarce, in fact one of the most interesting things that satoshi did that made bitcoin such a great store of value is the limited supply. Should there be excessive supply of bitcoin then the value will be reduced and it won’t be much different with the paper Mooney which is printed Almost every day. So should the bitcoin mined ends the new introduction of new bitcoin and it creates scarcity but that doesn’t mean they wouldn’t sale of it, yes many will like to hodl but it’s an assets that must be used to cater for needs so there will always be bitcoin available in the market