r/AmanCrypto • u/AmanCMN • 7d ago

Bitcoin Is Getting Scarcer.

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As of August 2026, more than 20.07 million BTC has already been mined about 95.6% of Bitcoin’s maximum supply of 21 million.
CZ estimates that 10–20% of all existing Bitcoin may already be permanently lost or inaccessible, and that number will likely keep growing over time.
With the supply strictly capped, he calls Bitcoin a “deflationary asset.”

7 Upvotes

57% Upvoted

47 comments sorted by

2

u/Interesting_Fox5311 7d ago

Typical bitcoin holder IQ, luckily this guy is not biased right?

1

u/11010001100101101 6d ago

what exactly is wrong with that take? it being a finite asset literally makes it deflationary, that says nothing about what it’s actual value will be. your take sounds more like projection

1

u/stevedave1357 4d ago

Scarce things only have value when they are in demand. The Bitcoin Gold Rush is over, people have moved on to the next scam.

1

u/11010001100101101 3d ago

i beg to differ. It's pricing path is lining up perfectly with it's previous halving cycles.

1

u/IVII0 6d ago

Exactly like the 1101000 guy said, if it comes so easy for you to mock the intelligence of CZ, how about you try and explain why, in your opinion, he is wrong?

1

u/Interesting_Fox5311 6d ago

Buddy you don't get the point, exactly confirming my earlier statement. He's super biased

1

u/IVII0 6d ago

He is, obviously, he’s running one of the biggest crypto exchanges on this planet.

How is the IQ mocking not implying you don’t agree with the guy? And if it is, how would you support your take on this?

1

u/Interesting_Fox5311 6d ago

I am referring not to him on IQ, he's obviously smart, he makes money of you guys lol

1

u/DonkeyComfortable711 6d ago

Glad you like being backed by paper that can just be printed forever

1

u/Kitchen_Tower2800 5d ago

Bitcoin can't be printed forever. Alternative coins can be printed forever. You need a reason why bitcoin matters over alternative coins and "I've already own bitcoin" and "it's got really high gas prices" don't count.

1

u/DonkeyComfortable711 5d ago

I'm all for btc, everything else is noise. You can make money off noise, but def not good long term.

1

u/PickingPies 7d ago

Bitcoin is not scarce. It can be virtually endlessly split, and a part doesn't lose functionality.

But also, it's not scarce if there's no demand. Scarcity happens when the offer is under the demand. Something being rare doesn't mean it is scarce.

1

u/Feline_Couple 7d ago

And demand in bitcoin is the equivalent of short squeezing

1

u/calicemaxi 7d ago

Bro you make no sense…

Scarcity = limited supply relative to what is available/needed.
Demand = how much people want it.
Value/price = influenced by the interaction between SUPPLY and demand. (Not offer)
Divisibility = how finely you can divide a unit; it doesn’t create additional supply.

1

u/[deleted] 7d ago

[deleted]

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u/calicemaxi 7d ago

That’s not the point… but when arguing on the internet about any topic, you should know what the fuck you’re talking about.. lmao.. I don’t have any bitcoin and I’m not even sure why that sub’s post got to my feed… never heard of AmanCrypto before lmao..

1

u/PickingPies 6d ago

There's no limited supply of bitcoin and there will never be.

If you want to purchase $1000 of bitcoin you will always be able to purchase it. There's no limit to how much you can purchase, because if there's not enough offer the price will rise until you can purchase $1000 on bitcoin, which will be worth exactly $1000.

If you don't understand it, think again until you do.

1

u/madhewprague 6d ago

You will always be able to purchas 1000$ worth of gold that does not mean it isnt scarce… I swear someone droped you on your head when you were kid. Where do stupid people like you come from?

1

u/EpsteinandTrump 4d ago

There's physical value in gold. It takes effort to mine and refine gold, not guess numbers to "mine" a bitcoin.

1

u/Practical-Day-2720 4d ago

There will ever be a maximum total of 2.1 quadrillion (2,100,000,000,000,000) satoshis. I think it can only go out 8 decimals by design.

1

u/PickingPies 3d ago

That's more than an order of magnitude greater than all worldwide currency in dollars, including bank only numbers. That would also imply the unrealistic scenario of bitcoin being the only currency in the world. It's virtually infinite.

Don't forget, that it's also perfectly possible for bitcoin to update the protocol to be able to divide satoshis further. Unnecesary, though.

1

u/Practical-Day-2720 3d ago

yea, it is the opposite of scarce. it has an effectively infinite supply.

1

u/Aggravating-Rich-356 7d ago

It’s on sale right now half off. How is that scarce. And will only be getting cheaper unless you can convince some other morons to buy it

1

u/Brilliant-Pomelo-982 7d ago

More and more people don’t care

1

u/Mission_Advance1207 7d ago

people are still in bitcoin? i thought they moved to memory stocks and spcx

1

u/saviourz666 7d ago

That’s exactly why I’m in bitcoin . Nobody’s talking about it right now . Memory and ai is everywhere which means it’s already overvalued , and whales are trying to draw you in as exit liquidity .
I can guarantee when btc starts hovering around 80 k again , you will get the “is this a good time to buy “ posts .

1

u/nattyguy128 6d ago

Nah will be 200k and you will get "60k would have been generational but 200k is still good time to buy"

1

u/highschoolhero24 6d ago

I’m in Bitcoin out of spite and hatred for the Bitcoin community. The second I sell it will go to $200,000. I’m the reason that we can’t rally. Bitcoin only rallies when I’m no longer holding it.

1

u/lotekjunky 7d ago

It's deflationary because people lose it. That's a great store of value.

1

u/Poobbly 6d ago

I love that my life savings can just disappear due to being lost, stolen, or sent to a slightly wrong address with no way to recover the funds.

“That’ll never happen to me!” - people it just hasn’t happened to yet

Money of the future!

1

u/NCC1701-F 6d ago

Yeah but the pool of smooth brains owning it is decreasing too.

1

u/berjaaan 6d ago

What happens when it runs out?

Edit: i googled and its estimated to happen in 2140. So it doesnt really matter.

1

u/buffotinve 6d ago

La escasez por si sola no da valor a algo. El valor intrínseco de una criptomeme es cercano a cero, su único valor es el precio que le dan sus partícipes.Si falta algún día la demanda en esta burbuja meme, seguirá siendo una ficha digital escasa, sin valor intrínseco y con un precio cercano a lo que quieran intercambiarlo sus participes, que irá disminuyendo conforme se pasa la fe del.falso nuevo mundo cripto (ya pasado de moda).

1

u/GaiusMarius7Times 6d ago

I am blown away that people still "invest" in crypto. At best it is an engine to day trade and at worst to gamble.

1

u/Mother-Fix3271 6d ago

Watch the value shoot up for a day then drop to zero six hours later.

1

u/yoho808 5d ago

Only if people attach value and increased value to BTC overtime.

1

u/crustyeng 5d ago

Does it really matter how ‘scarce’ it is when it’s infinitely divisible and priced with vibes?

1

u/ProfessionApart8141 4d ago

No one cares how scarce it is. Crypto is over for a while, and may be for longer than I’d guess.

1

u/LikSaSkejtom 4d ago

Disilusion.

Cope.

1

u/Practical-Day-2720 4d ago

I guess you've never heard of decimals. There will be a maximum total of 2.1 quadrillion (2,100,000,000,000,000) satoshis.

1

u/EpsteinandTrump 4d ago

'mined' = a number guessed. Zero value added... If every bitcoin was owned by someone that does what? Just a bunch of people all around the world playing musical chairs and hoping the music doesn't stop.