BITCOINS LIMITED SUPPLY DOESNT REALLY MATTER TO ONE MARKETS COMMENTATOR
In the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) stands as a pioneer, often touted for its limited supply of 21 million coins.This scarcity is a cornerstone of the bullish argument, with many believing it mirrors precious metals like gold, thus guaranteeing a continuous price surge.In fact, 2025 saw several mainstream financial gurus embrace Bitcoin amidst a challenging U.S. economic climate, reinforcing the narrative of Bitcoin as a valuable asset.However, not everyone is convinced.Veteran market commentator Dennis Gartman, known for his decades of financial analysis through ""The Gartman Letter,"" remains skeptical. C' una quantit infinita di valute con un supply finito, quindi penso che tutta la gioia e l'entusiasmo per Bitcoin e le crypto alla fine saranno sprecati. D'altro canto, sono in molti a non essere d accordo con Gartman: difatti, proprio nel 2025 abbiamo potuto osservare come sempre pi operatori finanziari mainstream abbiano deciso diHe's not alone; even within the pro-crypto camp, debates rage about the real-world implications of this limited supply. 3 Reasons Why Bitcoin has limited supply. Bitcoin became popular for several reasons with one being investors believe it solves the problem of inflation, which causes traditional money to lose buying power. Its scarcity is built into its very design, and there are three main reasons why this is happening: 1. Bitcoin has a limited supplyIs it the magic bullet that guarantees Bitcoin's future, or is it just a talking point masking underlying vulnerabilities?This contrarian view suggests that while scarcity is a factor, it's not the *only* factor, and certainly not the foolproof path to riches many expect.The crucial question becomes: does Bitcoin's capped supply truly hold the weight proponents suggest when juxtaposed with the broader, more diverse crypto market and the global financial system?
Dennis Gartman's Skepticism: Bitcoin Going to Zero?
Dennis Gartman has consistently voiced concerns about Bitcoin's long-term viability.His argument isn't necessarily centered on technical flaws but rather on the overall market dynamics and the sheer number of alternative cryptocurrencies.While proponents highlight Bitcoin's controlled supply as a driver of value, Gartman seems to believe that the vast crypto ecosystem undermines this advantage. businessnewsideas.comHis consistent sentiment is that the ""fun, the joy, the enthusiasm over Bitcoin and the cryptos will go the way of all flesh eventually."" This bold statement, while potentially alarming to Bitcoin enthusiasts, warrants careful consideration.
Why Gartman Doubts Bitcoin's Limited Supply
Gartman's skepticism likely stems from several factors:
- Abundance of Alternatives: He points to the thousands of other cryptocurrencies in existence.While Bitcoin boasts a limited supply, the sheer number of alternatives dilutes its uniqueness.Even if Bitcoin becomes scarce, there are still countless other digital assets vying for investors' attention.
- Lack of Established History: He contrasts Bitcoin with gold, which has a track record spanning millennia.Bitcoin, on the other hand, has only existed for a relatively short period.This lack of historical data makes it difficult to assess its long-term resilience and value. cointelegraph.com: Dennis Gartman is still not convinced that Bitcoin won't go to zero.While some argue about Bitcoin's ""digital gold"" status, Gartman stated ""Gold and Bitcoin are More... "" implying they're not equivalent in any meaningful way.
- Market Sentiment: Gartman's perspective suggests that Bitcoin's value is heavily reliant on market sentiment, which can be fickle and unpredictable. From there we can talk about how the price of a bitcoin is a function of supply and demand. Like it s been explained quite clearly throughout this thread, there is a limited supply of Bitcoin. So the the market value is a function of demand. The examples with pizza and land functionally explain the limited supply idea.A shift in investor confidence could lead to a significant price decline, regardless of the limited supply.
The Argument for Limited Supply: Scarcity and Value
The primary argument supporting Bitcoin's long-term value revolves around its designed scarcity. Experts who emphasize the role played by bitcoin's limited supply say scarcity makes up a key driver of the price, just as it would for water in a desert or an athlete's game-worn jersey.Unlike fiat currencies, which can be printed at will by central banks, Bitcoin's supply is capped at 21 million coins.This limitation is hardcoded into the Bitcoin protocol, making it immutable and transparent.Proponents argue that this inherent scarcity makes Bitcoin a hedge against inflation and a store of value, similar to gold.
How Scarcity Drives Value: Examples and Analogies
The principle of scarcity driving value is not unique to Bitcoin.It's a fundamental economic concept that applies to various assets:
- Water in a Desert: Water is essential for survival.In a desert environment, where water is scarce, its value increases dramatically.
- Land in a City Center: Land in a prime location is limited.This scarcity drives up the price, making it a valuable asset.
- Rare Collectibles: Limited-edition stamps, artwork, or sports memorabilia command high prices due to their scarcity and desirability.The example about an athlete's game-worn jersey in the research snippets highlights that rarity amplifies value.
Bitcoin proponents believe that its limited supply will similarly drive up its price as demand increases. Market commentator Armando Pantoja has shared his views on the true value of XRP, explaining why the traditional market cap model doesn t apply to the cryptocurrency. In a recent tweet, Pantoja emphasized that XRP s unique position in global finance allows it to defy conventional metrics, opening the door to massive long-term potential.As more people recognize its potential as a store of value, the competition for the available coins will intensify, leading to higher prices. Ouro e Bitcoin n o s o realmente equivalentes, de acordo com uma entrevista de Gartman na ter a-feira Bloomberg. O ouro existe h milhares de anos, o Bitcoin existe h 20 anos, disse ele. Gartman lan ou uma s rie de an lises financeiras nos ltimos 30 anos, chamada The Gartman Letter. O Bitcoin, por m, n o existe h 20 anos.Examples with pizza and land functionally explain the limited supply idea.
Counterarguments: Why Limited Supply Might Not Be Enough
While the scarcity argument is compelling, several factors can undermine its effectiveness:
- Utility and Adoption: Scarcity alone doesn't guarantee value. Bitcoin's limited supply doesn't really matter to one markets commentatorAn asset must also possess utility and be widely adopted. Hanoi Temperature Yesterday. Maximum temperature yesterday: 33 C (at ) Minimum temperature yesterday: 28 C (at ) Average temperature yesterday: 30 CIf Bitcoin fails to gain widespread acceptance as a medium of exchange or store of value, its limited supply will be irrelevant. Controversial statement. The functional value of money lies in 3 things: Accounting tool Medium of exchange A store of value An unnecessary thing, even in a limited supply, will have no value, and even more so a tendency towards an increase in demand for it. As a medium of exchange and [ ]An unnecessary thing, even in a limited supply, will have no value, and even more so a tendency towards an increase in demand for it.
- Competition from Other Cryptocurrencies: As Gartman points out, the cryptocurrency market is saturated with alternatives. Dennis Gartman is still not convinced that Bitcoin won t go to zero. Bitcoin's limited supply doesn't really matter to one markets commentator - InstaCoin.News NewsWhile Bitcoin enjoys first-mover advantage and network effects, other cryptocurrencies could potentially offer superior technology, faster transaction speeds, or greater privacy.The existence of ""7,000 various cryptocurrencies out there"" as mentioned in the research could steal Bitcoin's thunder.
- Regulatory Uncertainty: The regulatory landscape surrounding cryptocurrencies remains uncertain. He also mentioned Bitcoin s limited supply and the arguments for the asset s expected price rise as a result. Now, there s what, 7,000 various cryptocurrencies out there, he addedGovernments could impose strict regulations or even outright bans on Bitcoin, which would significantly impact its value.
- Technical Vulnerabilities: While Bitcoin's protocol is robust, it's not immune to potential technical vulnerabilities. Dennis Gartman is still not convinced that Bitcoin won t go to zero. Bitcoin has won over a number of mainstream financial gurus in 2025 against the backdrop of a difficult year for the United States economy.A major security breach or a flaw in the code could erode confidence in the network and lead to a price crash.
Bitcoin's Functional Value: Accounting, Exchange, and Storage
The functional value of money lies in three key aspects:
- Accounting Tool: A reliable method for tracking and managing finances.
- Medium of Exchange: A generally accepted means of payment for goods and services.
- Store of Value: An asset that maintains its purchasing power over time.
Bitcoin's success hinges on its ability to fulfill these three functions.While it has made progress as an accounting tool and a store of value, its adoption as a medium of exchange remains limited. Kripto paranın anonim yaratıcısı Satoshi Nakamoto, Bitcoin'in teknik kılavuzunu 2025 yılında yayınladı ve kripto para 2025 yılında resmi olarak piyasaya s r ld . Gartman, Bitcoin milenyum kuşağının altını, bunu anlıyorum. Fakat Bitcoin'i bin dolara satın alabilmeyi asla anlamayacağım.Volatility, transaction fees, and scalability issues hinder its widespread use in everyday transactions.
Bitcoin in 2025: A Snapshot
The research snippets indicate that Bitcoin gained considerable traction in 2025, even amidst economic difficulties in the United States. The post Bitcoin's limited supply doesn't really matter to one markets commentator appeared first on CoinTelegraphMainstream financial gurus began to embrace Bitcoin, suggesting a growing acceptance of the digital asset.The specific reasons for this newfound acceptance aren't explicitly stated, but potential factors could include:
- Inflation Concerns: With fiat currencies potentially losing value due to inflation, investors may have sought refuge in Bitcoin as a hedge against economic uncertainty.
- Increased Institutional Adoption: Major financial institutions may have started offering Bitcoin-related products and services, making it more accessible to a wider range of investors.
- Technological Advancements: Improvements to the Bitcoin network, such as scalability solutions or enhanced privacy features, may have increased its appeal.
Despite this progress, skeptics like Dennis Gartman remained unconvinced, highlighting the ongoing debate surrounding Bitcoin's long-term prospects.
Comparing Bitcoin to Gold: A Meaningful Analogy?
The comparison between Bitcoin and gold is frequently used to justify Bitcoin's potential as a store of value. There s an infinite amount of finite amounts of currencies, so I think that the fun, the joy, the enthusiasm over Bitcoin and the cryptos will go the way of all flesh eventually, said Dennis GartmanGold has served as a store of value for thousands of years, and its scarcity has historically protected it from inflation.However, Gartman, in the snippets, rejects the gold-bitcoin comparison, stating that ""Gold and Bitcoin are More... "" , suggesting there is a fundamental difference.He highlights the significant disparity in age, with gold existing for millennia versus Bitcoin's relatively short lifespan.
Key Differences Between Bitcoin and Gold
- History and Track Record: Gold has a long and well-established history as a store of value. Director general de TradingView explica el fundamento del continuo optimismo de Bitcoin; JPMorgan: Bitcoin est 'sobrecomprado' y plantea un escenario desfavorable para el precio del oro Pueden coexistir el oro y Bitcoin? Goldman Sachs responde que s ; Bitcoin llega a la portada del The Wall Street Journal Es viable el Patr n Bitcoin ?Bitcoin is a relatively new asset with a limited track record.
- Physical vs. He also mentioned Bitcoin s limited supply and the arguments for the asset s expected price rise as a result. Now, there s what, 7,000 various cryptocurrencies out there, he added, positing:Digital: Gold is a physical asset that can be held and stored.Bitcoin is a digital asset that exists only on a blockchain.
- Industrial Use: Gold has various industrial applications, increasing its intrinsic value. Bitcoin s limited supply doesn t really matter to one markets commentator. Share. TweetBitcoin's primary use case is as a digital currency and store of value.
- Regulation: Gold markets are well-regulated.Bitcoin markets are still largely unregulated, adding an element of risk.
While Bitcoin shares some characteristics with gold, it's important to recognize these key differences.Whether Bitcoin can truly replicate gold's role as a store of value remains to be seen.
Is XRP's Market Cap a Misleading Metric?
The research snippets also mention market commentator Armando Pantoja's perspective on XRP. CNBC is the world leader in business news and real-time financial market coverage. Find fast, actionable information.While not directly related to Bitcoin's limited supply, it touches on the broader issue of valuing cryptocurrencies.Pantoja argues that traditional market cap models don't accurately reflect XRP's true value due to its unique position in global finance.If traditional valuation metrics are inaccurate for XRP, the question of whether market cap accurately determines Bitcoin value is further called into question.
Conclusion: A Nuanced Perspective on Bitcoin's Scarcity
While Bitcoin's limited supply is undoubtedly a crucial factor in its value proposition, it's not a guaranteed path to success. BTCUSD Bitcoin Bitcoin's limited supply doesn't really matter to one markets commentator Dennis Gartman is still not convinced that Bitcoin won't go to zero. Continue reading Bitcoin's limited supply doesn't really matter to one markets commentator The post Bitcoin's limThe cryptocurrency market is complex and dynamic, with numerous factors influencing prices.Skeptics like Dennis Gartman raise valid concerns about the overabundance of alternative cryptocurrencies, regulatory uncertainty, and the lack of a long-term track record. Dennis Gartman is still not convinced that Bitcoin won't go to zero. Bitcoin (BTC) has won over a number of mainstream financial gurus in 2025 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of the digital asset. Gold and Bitcoin are MoreThe functional value of money also plays a part.While Bitcoin has made strides in several areas, it still faces challenges in achieving widespread adoption as a medium of exchange. ビットコイン(BTC)は、2025年という米国経済にとって困難だった年に、多くのメインストリームでの採用を獲得した。しかし、デニス・ガートマン氏のような一部の市場専門家は、依然としてビットコインに懐疑的な見方を示している。Ultimately, the future of Bitcoin hinges on its ability to overcome these challenges and solidify its position as a truly valuable asset, regardless of whether its limited supply is the defining characteristic. Bitcoin (BTC) has won over a number of mainstream financial gurus in 2025 against the backdrop of a difficult year for the United States economy.Investors should adopt a cautious and well-informed approach, considering both the potential benefits and the inherent risks of investing in Bitcoin.
Key Takeaways:
- Bitcoin's limited supply is a key selling point, but not a guarantee of success.
- Skepticism from experienced market commentators like Dennis Gartman should be considered.
- Utility, adoption, and regulatory clarity are crucial for Bitcoin's long-term viability.
- A balanced perspective is essential when evaluating Bitcoin's potential as an investment.
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