It´s estimated that close to 4 million BTC are already "forever gone". Do tha math yourself. It will take less than 40 years for there to be NO Btc left in circulation.
HAHAHAHAA, buttcoin is fundamentally flawed and has ZERO chance at working long term. in 20 years time, 14 million BTC will be gone from circulation. Do the math, the numbers don´t lie.
it´s over for bitcoin, hang it up guys. You cannot defeat this fud, it´s impossible for bitcoin to win
Smooth brain, let the adults speak. Ur opinion means nothing.
>HAHAHAHAHAH
>ALL FEILDS
COPE
Love how /biz ignores this. Once the narrative of bitcoin as the future currency collapses, it will dump so god damn hard.
I bet the reason for the recent dump, is because of this new research being published
Get ready for a bear market
smart money owns a lot of bitcoin and they are getting ready to exit very soon. Exit before them, not after them. As it will be a bloodmath. It´s just a matter of time before the whales figure out that btc has no future, and they will not hesitate to dump MILLIONS of BTC on the open market.
You have been warned.
in 20 years, 16 MILLION bitcoin will be OUT of circulation. 40 years, 90% of bitcoin will be out of circulation. In 100 years, 95+% will be out of circulation
i can't tell if this is fud or if you are just really retarded but i'm selling just in case
its over
iamgine the big hedge funds when they start unloading on the market, combined with the coming Mt Gox sell off.
Hope yall didnt forgot that mt gox still hold 152k bitcoins that will be sold in october this year. Hahaha, the market will be flooding with bitcoin, and the shitcoins will die, it´s tha plan.
>I bet the reason for the recent dump, is because of this new research being published
retarded indian
it´s going to ZERO idiot. Satoshi will be rememebred as a moron and bitcoin will be rememebred as a failed experiment. Smart money are already starting to exit NOW, and they will not buy back in again. They will take their millions and get the fuck out of crypto for a while. Instead of risking losing it all
>bitcoin is getting fudded again.
>everytime this happens it goes up
October is gonna be great
this is a kind warning to /biz, since you have helped me in the past. We are about to witness the biggest market change in crypto ever. Whales are gonna exit without thinking twice.
Look, it´s dumping as we speak. And it´s not gonna recover this time. It´s dumping because more and more people, especially early smart money are pulling out because the gig is almost up. The math don´t lie, it proves that bitcoin is flawed. And this new research shows that it will collapse sooner than we first had thought.
Last warning, you will see some old bitcoin wallet starting to sell soon.
How is this fud? If anything this is super bullish. Decreasing supply = increasing price.
it might sound unreal, but it´s literally gonna go below $3k soon, and then below $1k later this year, or possibly next year. Depends how fast the narrative collapses. It´s different this time, bitcoin failed to stay above 12k and will soon fall below 9k. Confidence will not go up, it will only go down, and people will panic like never before. You want to sell asap because it´s not gonna go up again. We ave stricter regulations and Mt gox sell off on top of that, so a bull market anytime soon, is almsot impossible.
Screencap this
no one is gonna want your 1 bitcoin, because their will be no revenue for miners and hash rate will collapse super fast in a short time. Bitcoin blockchain will get 51% aattacked after hash collapse, and it will dump to ZERO. This is the only way, it´s gonna go. Tether are printing billions of dollars to prepare for this.
>haha 2020 is gonna be great
>haha this summer is gonna bomb
>ha this september the great bullrun starts!
>you will see in october this time!
few months later
>i-in 2021 y'all gonna see!
Im getting burned out. btc and crypto is the biggest mistake of my life.
I could have 10x'd my money even with the dumbest of stocks in the last 4 years.
Tesla alone went ballistic.
Looks like buttcoiners were right all along.
You can split that single bitcoin into enough sats to basically start over with only 1 BTC circulating.
Decimals are a thing you know..
>in 20 years time, 14 million BTC will be gone from circulation. Do the math, the numbers don´t lie.
yeah, because you can totally just do a linear extrapolation of those numbers
fucking retard
It'll be a 1 million digit stable coin
if you think this is gonna work, you have to do some serious mental gymnastics. 99% of the supply will still be lost. Eventually 100% of the supply will be lost, so decimals make no difference in the end. Volume will dry up, and miners will move to other networks. Your theory also implies that bitcoin will have near infinite growth in price, which is impossible.
So you're saying that if I was holding the last 1 bitcoin in the whole world, I wouldn't be rich? Are you literally retarded?
Eth next king?
What are the odds BSV moons as people exist BTC?
ERG pow mining protocol allows for mining of ergs that has been untouched for over 4 yrs
Are you schizophrenic or something?
Btc doesn't just drain away due to some bug in the code. Its morons who send their coins to wrong addresses or forget their private keys.
Most educated investors are smart enough not to lose their passwords or send to a non working address
PS. Decreasing Supply + Increasing/Stagnant Demand = Higher prices
There will always be a demand for BTC and DeFi especially as interest rates his -%'s and DeFi emerges as a strong inflation and fixed interest vehicle
>As it will be a bloodmath.
Checked
few years back I asked people why they didnt buy any btc and they told me the same answer over and over:
>"cuz I cant bayyh one whole btc"
I lived in a delusion, no one would buy this shit if it went over 20k. hell no one buys it now.
the blockchain would have no value by then, and anyone could attack it. There would be no miners left smoothbrain. You´re bitcoin would maybe have some collectors value, maybe. The blockchain would be worthless, and would already have been compromised, not secure. It actually would have no value at all. Becuse anyone could change it and take the bitcoin from you lol
>´
a chink wrote this
>less btc in circulation
>increased scarcity
>high value
Nigger are you dumb?
smoothbrain. Of course i Know that, but even people that take care of their seeds phrases, will lose it eventually. At least a large portion of them, when they die etc.
Bitcoin has value partly because it´s very liquid. When that liquidity decreases, the value proposition greatly reduces. Liguidity and security is why bitcoin is great, but both those aspects will decrease over time, proven by the math.
Bitcoin has infinite decimal places idiota
this is the typical low iq take on the situation. The demand for bitcoin will drop over time, not rise. The demand will eventually drop much faster then the supply decreases. The demand will eventually drop to ZERO, so it doesnt matter how scarce it is. My farts are also scarce, no one want to store them in a air tight glass and buy them.
Bitcoin demand will go to ZERO, as people see no future in the failed currency. Yeez you people are low IQ.
doesn´t matter. It´s not even practical at all. 99% of the supply will eventually be lost anyway. One satoshi would have to be worth hundreds of dollars, and eventually thousands of dollars, for it to work. If you think this is gonna happend then i dont know what to tell you. Another coin, with inlfation will raplace btc.