Sentences with phrase «bitcoin than supply»

9/10 Want To Buy Bitcoin Linking to information from TurtleBC, p2p alternate HodlHodl described the pattern as «indicating there is more demand for Bitcoin than supply.»

9/10 Want To Buy Bitcoin Linking to data from TurtleBC, p2p exchange HodlHodl described the trend as «indicating there is more demand for Bitcoin than supply.»

Not exact matches

The limited supply of bitcoins — there will never be more than 21 million in existence — means that demand alone will determine its value.

Simply put the demand for Bitcoin is increasing faster than the supply.

However, rather than rely on a central monetary authority to monitor, verify and approve transactions, and manage the money supply, Bitcoin is underwritten by a peer - to - peer network akin to file - sharing services like BitTorrent.

When more people want to buy bitcoin than there are sellers, the price goes up — this is in part due to Bitcoin's limited supply, which is capped to 21 millionbitcoin than there are sellers, the price goes up — this is in part due to Bitcoin's limited supply, which is capped to 21 millionBitcoin's limited supply, which is capped to 21 million coins.

Yeukai Kusangaya who coordinates trades at the Golix bitcoin exchange in Zimbabwe said «there is currently more demand than supply of bitcoins.»

However, the total amount of bitcoins is capped, and its supply is far less than demand.

They told us that the pre-mine will amount to less than 1 % of the Bitcoin Supply (so less than 200,000 blocks).

The power supply is available more liberally to bitcoin miners than households.

Later within the interview, Barhydt hinted that Abra might be prolonged to supply far more than currencies of their app, mentioning his intention to supply people in growing markets with the flexibility to achieve publicity to Apple inventory by the use of nothing greater than a smartphone with some bitcoin on it.

This scenario is about to play out in the online peer - to - peer currency Bitcoin, but rather than disrupting the digital money supply, it could be what Bitcoin needs to be taken seriously.

Curiously, the research points out that, assuming Bitcoin's electricity needs continue growing at this rate, the global mining consumption could be greater than the UK's entire electricity supply by October next year.

«There is currently more demand than supply of bitcoins.»

When more people want to buy bitcoin than there are sellers, the price goes up — this is in part due to Bitcoin's limited supply, which is capped to 21 millionbitcoin than there are sellers, the price goes up — this is in part due to Bitcoin's limited supply, which is capped to 21 millionBitcoin's limited supply, which is capped to 21 million coins.

Additionally, because the initial currency supply will not start from zero, the currency supply growth in the first eight years will actually be slower than Bitcoin, giving fundraiser participants and early adopters a chance to benefit substantially in the medium term.

You'll also notice that the Bitcoin blockchain is larger than that of Bitcoin Cash, while there are more blocks (and therefore a larger circulating supply) for Bitcoin Cash.

Rather than just supplying a username and a password to a bitcoin wallet or bitcoin sports betting site, users who activate two - factor authentication make their accounts more secure by entering those details, along with a pin or something similar that is sent to your email address or mobile phone.

Adding a bit of clarity to Ethereum with a maximum coin supply would be greatly welcomed by both the community and investors, who've watched the popular blockchain greatly decrease in value over the last few weeks — more so than other major market players like Bitcoin and Litecoin.

Tyler and Cameron Winklevoss, twins behind Gemini exchange and famously known for coming up with the Facebook idea, explained that the properties of Bitcoin allow it to operate as a premier store of value that is in orders of magnitude better than gold in many aspects, including transportability, divisibility, and monetary supply.

Who is going to beat Bitcoin faster remains to be seen, but both cryptocurrencies benefit from having larger circulation supply than the current King.

A hard fork of the original Bitcoin, the cryptocurrency has a market cap of more than $ 20 billion with the current market supply moving toward $ 17 billion.

That's a 10 times higher total supply than the original bitcoin blockchain, and they have said that they will not increase the supply more than this.

But like anything, shares of the Bitcoin Investment Trust are governed by the laws of supply and demand, and eager speculators are willing to pay more for each share than the trust's bitcoins are worth.

Is better than Bitcoin, is faster, brings real value and the number of circulating supply is low.

All it takes is for someone to create a shitcoin with a circulating supply of 150 billion, list it on an equally shit exchange, sell one coin for $ 1 and instantly it's worth more than bitcoin.

Comparing the market capitalization of bitcoin, by far the most popular of them, with the supply of money for various fiat currencies, the authors conclude it is two times less important than boliviano, the currency of Bolivia, and two thousand times less important than euro.

Nearly eight years after bitcoin's genesis block was formed, more than 15.75 m BTC have already been mined (representing over 75 % of the supply that will ever exist on its blockchain).