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erikson.partner
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Bitcoin shortage - Is it Possible?

Fri Apr 19, 2019 7:35 am

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?

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Re: Bitcoin shortage - Is it Possible?

Fri Apr 19, 2019 8:04 am

I personally don’t think it would ever come to that point, since the value of bitcoin adjusts to satisfy the demand. I’d like to hear other opinions?
A shortage in the supply of bitcoin would be a holders dream, prices would skyrocket!

The price of bitcoin is based on supply vs demand
If a shortage of bitcoins was ever to happen, it would mean that there is more demand for bitcoin purchases than are currently being mined. This in turn could open up a different can, as more miners would join the network and drive the difficulty right up.
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Re: Bitcoin shortage - Is it Possible?

Fri Apr 19, 2019 8:15 am

I don't think this would ever happen. Prices of bitcoin may effected on bitcoins demand. but shortage of bitcoin would not happen.

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