Quote from: hatsoff2btc on October 17, 2018, 04:11:12 AM

Quote from: GregH37 on October 13, 2018, 05:42:20 AM

Quote from: trako on April 23, 2018, 04:54:12 PM

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

The limit is not actually approaching because a lot of us here today would have been long gone when the last bitcoin will be mined but for real, as we are getting closer, the chances of seeing the bitcoin market soaring higher is most definitely there.

Talking about the halving that would be occurring in the next few years, I can imagine this is something we would get to see bring about some huge spike in prices and then in the long run, we would get to see the price of the market going far from where we are now. What makes bitcoin what it is as well as every other cryptocurrency is the limit and for bitcoin this would speak for its growth and value, not to even talk about the ones that are lost.

Who fixed that total supply of bitcoin? I dont believe it because if we want to use bitcoin like our local currency and also want other currencies to be disappear from the market, then everyone will need cryptocurrency and when there is no bitcoin in the market what will he do? Therefore I think that in the future when controllers realize more demand for bitcoin, they will allow more mining.

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