Looks like you just found out Bitcoin has a max supply of 21 million. This fixed limit could really shake things up, right? Unlike fiat, where they just print more money, Bitcoin’s scarcity could push its value up over time. What do you all think about it?
Bitcoin's Finite Supply and Its Impact on Value
19 replies 264 views
Kuwaiti Dinar is strong but still lost value over time. All fiat currencies are manipulated by governments, so they all depreciate. Sure, some other coins have limited supply like Bitcoin, but many are just pump and dump schemes.
quantumguruNewbie
Posts: 26 · Reputation: 24
#3Jul 13, 2022, 01:12 PM
Not sure what you mean by policy here, but no way a shitcoin can beat Bitcoin. They’re made for selfish gains, not solving real issues. Bitcoin’s decentralized and doesn’t need middlemen for transactions. Other coins just can’t compare.
Bitcoin’s fixed supply isn’t the only reason for its strength. The creator being anonymous adds to the trust factor. It’s unique and hasn’t copied any other coin. Other projects can try, but they’ll never match Bitcoin’s legacy.
hodler_2020Newbie
Posts: 3 · Reputation: 15
#5Jul 13, 2022, 02:54 PM
Fixed supply is important, but it’s not enough. You need demand to make it work. Plenty of coins have a set supply and are still worthless. We’re seeing more cryptos shift to infinite supply to fill their founders’ pockets.
satoshi_apeNewbie
Posts: 75 · Reputation: 20
#6Jul 13, 2022, 03:31 PM
Bitcoin adds value in ways others don’t. It’s trusted by governments and investors alike. Other cryptos just can’t compete with that trust. Bitcoin has proven itself since 2009, and that’s what makes it stand tall.
I saw some replies here agreeing that fixed supply isn’t the main reason for Bitcoin’s value. There are other fixed-supply coins that don’t come close to Bitcoin. Demand drives value, and scarcity can be induced through limited supply.
diamond_minerFull Member
Posts: 47 · Reputation: 623
#8Jul 13, 2022, 08:41 PM
This isn’t my first rodeo. Anyone who knows basics of Bitcoin gets that its supply is capped. Maximum supply is 21 million, and the circulating supply halves every four years. That’s why demand is high and prices should rise as more people want to hold.
alex_whaleMember
Posts: 36 · Reputation: 229
#9Jul 14, 2022, 02:07 AM
Limiting supply alone won’t ensure price hikes. Strong principles behind the crypto matter too. If the principles are good, people will invest more. It’s like how we value countries based on their solid laws.
Yeah, Bitcoin has a fixed supply of 21 million. It’ll get more valuable once the last one’s mined. Unlike fiat, which loses value, Bitcoin is a solid store of value.
mike.degenMember
Posts: 37 · Reputation: 228
#11Jul 14, 2022, 06:12 AM
Some coins try to copy Bitcoin’s fixed supply but haven’t succeeded. If you’re not a pioneer, good luck! You have to be unique to win over the market. Most altcoins just can’t pull it off.
Bitcoin’s fixed supply does a lot against inflation. Unlike fiat currencies that lose value, Bitcoin’s worth seems to grow. With more adoption, it’s only getting better.
Seen this topic pop up before. Every crypto I know has some supply limit, even Ethereum. It’s not new info for active users.
Decentralization is key. A little inflation doesn’t hurt if it’s controlled. If Bitcoin had a small yearly increase, it might’ve been better than the current model. But its strength lies in no one being able to mess with it.
Bitcoin isn’t like paper money at all. Only fiat can be printed. Most cryptos have fixed supplies while some have circulating tokens from the devs. Bitcoin’s uniqueness lies beyond just its supply.
greg.chainMember
Posts: 15 · Reputation: 107
#16Jul 16, 2022, 12:30 AM
If something catastrophic happens to Bitcoin, its scarcity won’t matter. People talk about fixed supply as if it guarantees price increases, but supply and demand are both key. Take Bitcore for example; capped at 21 million, yet it’s price has tanked.
its_matrixSenior Member
Posts: 90 · Reputation: 899
#17Jul 16, 2022, 01:13 AM
It’s obvious to anyone who’s done their homework on Bitcoin. Saying its fixed supply is the main reason for its success is basic stuff. But it could also lead to its downfall in the long run.
BasedOmegaNewbie
Posts: 12 · Reputation: 5
#18Jul 16, 2022, 03:42 AM
No altcoin or stablecoin even comes close to Bitcoin right now. It’s a big deal, giving power back to people over their finances in the face of endless fiat printing.
You’re right, some altcoins do have demand, but many are just temporarily hot. Investors buy them, prices spike, then they dump them for the next big thing. It’s a cycle that makes it complex.
Bitcoin’s limited supply is what makes it a solid store of value. Knowing it’s scarce makes holders wanna keep it. No other crypto can match Bitcoin’s market cap or its decentralized nature.
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