We all know that a lot of Bitcoin's value comes from its relatively limited supply. Only 21 million Bitcoin will ever be created, and as more and more big investors are buying large amounts on a more frequent basis, when will it sell out?
For every Michael Saylor out there buying hundreds of millions worth of Bitcoin publicly, there are 20 big investors buying without a press release.
With companies like Coinbase going public, crypto is really making a splash in other financial markets.
There are barriers coming down for retail consumers, and there is no doubt the word is getting out.
But what now?
When will the limited supply crash into an overwhelming demand?
I don't think enough people think about the fact that Bitcoin will sell out to retail consumers.
As the price goes up, it will keep retail investors buying small percentages of a full coin. That will help, but as more and more big investors buy, the actual supply will go down.
A lot of investors are buying and holding. So the real question is, when (not if) will Bitcoin sell out to retail investors?
Do you think Bitcoin will sell out?
When do you think it will start selling out?
Let me know in the comments.
Thanks for reading.
By selling out what do you mean? Like running out of supply? Like if Bitcoin was a store there would be a sold out sign on the door?
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Exactly. You go to Coinbase and you can't buy any. Can't exchange on Binance...
I think that there will always someone willing to sell bitcoin at some price, that price might be 1 million dollars, or if fiat has completely collapsed, it might be 20 acres of land or 1000 cows. There will always be a seller somewhere though. Although uploading cows to an exchange might be difficult.