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    Author Topic: Is it enough?  (Read 1265 times)

    • oli123
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    January 31, 2018, 08:17:30 PM
     #61
    Personally, I think the number of 21 million mined blocks in the bitcoin network is a sufficient number. There is still a long time to the last block, and that's about 2140 when the last block is mined.
    By then, the price will definitely change and the Bitcoin price will be higher, with less btc you will pay or buy. So the number is enough.

  • btcCoincart
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    January 31, 2018, 08:18:50 PM
     #62
    Sure, it's enough, if the market not collapse then BTC will be the biggest value coin in the world!

  • Vannie12
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    January 31, 2018, 08:41:26 PM
     #63
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    With prices going up proportionally to its demand, it may be enough. Bitcoins will be distributed in smaller amount and maybe in the future, satoshis could even have a dollar value.
    I think you guys should not worry about the supply. If there is anyone that would be concerned about it, devs can act upon it.
    Just worry about how can you have enough bitcoin for your own convenience.
    Also I have read that it takes some years to half bitcoins. Just don't know how that works.

  • Ris88
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    January 31, 2018, 08:59:11 PM
     #64
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    Precisely that is what everyone will look for, if bitcoin supply less will be more expensive for bitcoin price in the future, surely they will find bitcoin even though bitcoin price is very expensive to buy it !!!

  • aisyah88
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    January 31, 2018, 09:30:53 PM
     #65
    In life there is not enough, there must still be less, therefore we do not grow according to what we get now, the journey is still far stepped

  • Vektrum
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    January 31, 2018, 09:37:13 PM
     #66
    Crypto currency is not only bitcoin, but more than a thousand altkoins and their number will only increase. Bitcoin and altcoins will interact and complement each other. In addition, bitcoin was originally created for this purpose. to have a higher cost. His small coin, satoshi, is one hundred millionth part of bitcoin. Such a small coin has not a single monetary unit of the world. Therefore, in the future, when bitcoin will have a high cost, basically not whole bitcoins will walk, and their small parts are satoshs. In this regard, 21 million bitcoins will be enough to be sold to the whole world.

  • hastag_80
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    January 31, 2018, 09:43:37 PM
     #67
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    To tell the truth  i dont know what would exactly amount  number of bitcoin fund for the reserve of the future to become the world currency,for me its better to increase that value greater than 21 million expectation because in my own understanding the more investor to partcipate all over the world the marrier would the  given more benefits of bitcoin and the more the resources of digital currency will growth in expanding high, so the more fund of bitcoin will run through in the market for investment.
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  • Tigerheart3026
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    January 31, 2018, 10:23:50 PM
     #68
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    enough and satisfied, bitcoin has the fixed amount of tokens which is great for the price of the future. as the people having bitcoin are increasing daily and the demand is getting larger and larger, the supply has the fixed amount if not getting smaller this will affect the supply and demand of the token which is the best to have. bitcoin price will continue to hit more dollar value then.

  • nethan1btc
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    January 31, 2018, 10:38:50 PM
     #69
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    Definitely it's enough, as we already know each crypto currency has it own volume on the circulation in the crypto currency world. Bitcoin was designed to have on that certain volume since as of this time it doesn't reach 21million and it will mined all approximately year 2140. In terms of to become world currency, well for me its impossible fiats is still important which can be use on that particular country but in some point I believe in the future using bitcoin as mode of payments will be implemented.

  • seoincorporation
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    February 01, 2018, 02:49:09 PM
     #70
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    Of course it is enough for the future. Just remember BTC has 8 digit after the point (0.00000000), so eventually the fees will get down and people will be enable to send 0.00000010, for instance, and it will suppose much more money than today.

    The system has been designed this way precisely looking at the future of BTC.

  • Bitcotalk
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    February 02, 2018, 10:12:27 AM
     #71
    Quote from: dewi91 on January 31, 2018, 04:16:37 AM
    I think it is not enough and I don't think the number of bitcoin will stop in 21 million because as long as we use and earn bitcoin, bitcoin will continue to be mined from transaction fees of course the number of bitcoin will increase.
    Bitcoins will increase their number that is fact. The reason is when something is fixed in number that is okay until demand doesn’t cross that one limit. As the bitcoins are concerned, just see the number of availability in the international market and now see its demand. It is far more than the supple. So definitely when more people are coming into this world surely number will be increased.

  • Cgrbb
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    February 02, 2018, 10:23:47 AM
     #72
    Quote from: onemoretime8520 on January 30, 2018, 11:25:11 PM
    think gold as a reserve currency, it is estimated that there is so little gold in the surface of the world and that`s make it and give it such a value, so also btc would be enough to have that amount.
    that comment made me to think about gold. is there a possibility of the human kind is using the gold in a wrong way ?
    i mean we use it for just for accessorizing. is it there for this silly purpose?

  • lelylely
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    February 02, 2018, 10:33:19 AM
     #73
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    Why not, bitcoin will be enough for the future because bitcoin is divided again into satoshi, and bitcoin prices will be more expensive and stable.

  • hdasd
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    February 02, 2018, 10:35:07 AM
     #74
    Quote from: hosseinimr93 on January 30, 2018, 09:53:34 PM
    There will be 21 million bitcoins. But consider that every bitcoin is equal to 100 million Satoshi. There are also many other cryptocurrencies that can be used for payments.
    I think it would be enough to use,because the ETH or XRP also could be trade in the world.
    and they are a lots of basic platform ,and I think it would be more guys accept the crptocurrency

  • Clickcluck
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    February 02, 2018, 11:21:58 AM
     #75
    I don't think it will become the world currency still it's so volatile. I got a friend who believes that one day it's price will become stable and may be in this case it will become the world currency but the amount of 21M will be definitely not enough

  • aizen10
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    February 02, 2018, 12:08:49 PM
     #76
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    dont worry about the very last bitcoin to be mined because i am sure that if that happen, we are all died and the most can get the benefits are the newborn people who are lucky to witness how crypto currency big at that time. bitcoin quantity for altmost 21m bitcoin are enough to circulate all over the world. but to be a world currency, i think it will not.

  • Dudeperfect
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    February 02, 2018, 12:41:23 PM
     #77
    Yes, it is enough as price keeps fluctuating and you can always use the lowest part Satoshi in order to perform the transaction. The whole system works on the law of demand and supply so even if Bitcoin price is reaching $1 million, even in that case you will be able to buy and spend Bitcoins worth $10 so quantity is not an issue.

    However, I do not support Proof of burn at all. It doesn't make any sense in my opinion to burn what you have just to prove your ownership/action.

  • trickyriky
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    February 02, 2018, 01:56:00 PM
     #78
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?

    It is enough. There are other cryptocurrencies that will be used even more often than Bitcoin, thus 21 million is OK with BTC.

  • West0813
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    February 02, 2018, 01:59:59 PM
     #79
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?
    If the vision of bitcoin is to become world currency 21 bitcoin is not enough. But i think bitcoin will never be the world currency. Because bitcoin is for online only and its value is so high. Poor people cannot afford to own bitcoin.
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  • topleskacah
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    March 01, 2018, 09:32:59 PM
     #80
    Quote from: West0813 on February 02, 2018, 01:59:59 PM
    Quote from: gakadem on January 30, 2018, 09:46:59 PM
    The number of bitcoin is only 21 million, is that enough for the future?
    given the vision of bitcoin to become world currency?

    what do you think of this?
    If the vision of bitcoin is to become world currency 21 bitcoin is not enough. But i think bitcoin will never be the world currency. Because bitcoin is for online only and its value is so high. Poor people cannot afford to own bitcoin.
    yes true, even most of them still not fully understand about technology and internet. and I think it will be difficult to introduce bitcoin to them.
    it seems that only the upper middle class can adapt to bitcoin  Embarrassed
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