tgoop.com/r_Bitcoin/63179
Last Update:
2030-2032: The Years Bitcoin Becomes Unbuyable
Scarcity and liquidity are some of the main attractions of Bitcoin as an asset and monetary system; however, I hadn't seen any real calculations on when it will become 'essentially unbuyable'. This meaning that demand completely outweighs supply.
Some basic data points towards 2028-2032 as being critical years in Bitcoin's life, where it will become the first digital asset to be essentially unbuyable.
* Bitcoin has a max supply of 21 million
* 19.7 million has already been mined
* 3–4 million are estimated as lost forever
* That leaves about15M in circulation, but...
Only 2 million BTC are left on exchanges right now. A number that is dropping at an increasing rate.
# What's happening at the moment:
* Long-term holders are stacking and not selling
* Big buyers (ETFs, institutions, whales etc) are pulling BTC off exchanges into cold storage
* New demand (retail + institutional) keeps growing, but available supply is drying up.
Based on current trends:
* Exchange reserves are dropping100k-200k BTC every year
* If this continues, exchange BTC could drop below 100k by around 2028-2029
* By **2030-2032**, **there may be days where available BTC is near zero** unless sellers emerge
* At that point, **you won’t be able to buy BTC without a large price impact:** the price will have to rise dramatically to convince anyone to sell
# What this means:
* Big price spikes just to get someone to sell
* Slippage on large orders
* Possibly insane premiums in bull markets
* Essentially: Bitcoin could become “unbuyable” in the traditional sense.
https://redd.it/1l1xlfu
@r_bitcoin
BY r/Bitcoin
Share with your friend now:
tgoop.com/r_Bitcoin/63179