I realized that I won't see the moment when the last satoshi will be extracted - page 2.

jahn_quid

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

who knows... with all this transhumanism talk, we may be able to decentralize ourselves and you'll still be around somewhere in data form. I'm rooting for you to still be around, man!

mautenisis

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Surely few of us are going to see the last sats to be mined if ever bitcoin and blockchain technology will still exist,as far as i know the remaining bitcoins are going to take 120years t be mined,even if the faster and bigger hash miners be ever invented,not unless before that we will a time machine so that we would be able to see what will happen in the future.

batang_bitcoin

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Not only you but for sure most of us that are here in the forum will not will be able to witness the mining of the last satoshi's/BTC by that moment.

Quote from: electrobit on April 25, 2018, 09:31:43 PM

Maybe in that date, the technology be too advanced and we can live more time Grin

I don't think so mate, you know that technology makes our lives easier right? so the meaning is already there and foods are getting more chemicals and preservatives so I think living for this generation and reaching 80+ years is already a miracle.

pawanjain

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Nothing lasts forever

Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Not only you but every member who is reading this post now won't be able to make it until that date.
The time extends to 122 years from now and it is highly unlikely for anybody to live that longer from the current generation. Who knows what will be the price of BTC at that time and whether or no it will still be in the market or not. Chances are there that some other currency will take over it by that time.

Roman Coinson

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Quote from: Wendigo on April 26, 2018, 05:46:42 AM

Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Thanks for the daily dose of depression mate Grin

On the other hand, it's unsure if we will live long enough till the next Bitcoin halving so. Live each day like it's your last Wink

You're welcome)I have a lot of depression news) Grin

"Live each day like it's your last "
Good advice from Legendary,thanks!)

Roman Coinson

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Quote from: electrobit on April 25, 2018, 09:31:43 PM

Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Maybe in that date, the technology be too advanced and we can live more time Grin

So be have hope, there is a chance. One never knows... Cool

Thanks for the nice words)) The best news of the day!) Grin

CryptoBry

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Well, this is something worth looking forward to even if we know that it will be impossible for all of us here in this forum today to live until 2140 not unless we can be transferred into the body of the robot sustained by electric or maybe by solar power. I am then wishing that by then this forum will still be existing and that members at that time can still be able to access and read our posts today. Now that would be so futuristic and maybe a little bit of inspiring.

Wendigo

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Thanks for the daily dose of depression mate Grin

On the other hand, it's unsure if we will live long enough till the next Bitcoin halving so. Live each day like it's your last Wink

jseverson

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Quote from: BlockEye on April 25, 2018, 09:36:15 PM

IMHO, We can see it if ever new advance technology for mining rig are introduced which focuses on increasing the hash power for computation. BTC halving is always happened every 4 years and if ever the miner hash power tremendously increase then the extraction of BTC from the last satoshi will be more faster. Take note that our technology was innovative and people wants a fast result so I believe that we can all see it.

Wait what? No, this can never happen. It doesn't matter how much hashpower is generated for mining. The difficulty will simply adjust, and we'll be right back towards the 2140 track.

But yeah, regarding the topic, who knows if that will even happen. I doubt Bitcoin could survive for a century if scalability isn't achieved lol. Even then, better options might pop out. 100+ years is a very long time.

Nellayar

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Quote from: electrobit on April 25, 2018, 09:31:43 PM

Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Maybe in that date, the technology be too advanced and we can live more time Grin

So be have hope, there is a chance. One never knows... Cool

Nice conclusion! As if you said that resurrection is easy to achieve by an ICO. Maybe, it will happen if that ICO will launch successfully. lol
Whatever we did, we can stop and prevent to die! Even the most newest and high technology can't solve the mistery of death. Religion is the boundary of science and science itself can't unlock the mistery of the world.
The last satoshi is for the future generation, we should be happy because we reach this era. In my opinion, this innovation and creation of Satoshi Nakamoto is the best and remarkable invention of all times and we should be proud because we are part of it.

dothebeats

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Aren't we all? On the other hand, we won't also be seeing the last paper money being printed in our lifetime because there are no assurance as to when will the government stops doing so. At least for bitcoin, it would be limited and rare giving it some form of value.

Quote from: bitmover on April 25, 2018, 08:27:03 PM

Soon btc will have almost zero inflation. By that time it's gonna be valuable, more and more each year.

Hopefully people would still use and trade bitcoin by then, because if it failed hard on its early stages, no matter how rare bitcoin would become, it would still be valueless.

Sexie

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Interesting , but sad to say that moment we could not be able to see the last extraction of bitcoin in the year 2040. Hopefully through the advancement of technology just like nakamoto satoshi’s creation of bitcoin , somehow , somebody will discover herbs that makes life longer for us to live until we can witness that moment about bitcoin. But I think it will not happen in the future , if there will be a continous circulation of bitcoin just like what is happening to bank currencies.

Olano

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Yes, bitcoin is the last bitcoin to be mined in 2140. And it's good that he will have such a long history! But even after the last bitcoin is extracted, it will not disappear. Perhaps people will always use it to save and multiply money.

BitcoinNewbie15

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Quote from: bitmover on April 25, 2018, 08:27:03 PM

That's very interesting.
In this website you can see the bitcoin inflation rate
Btc still has about 4% inflation rate per year., Which is a high inflation, above the average in the world.

https://charts.bitcoin.com/chart/inflation

Soon btc will have almost zero inflation. By that time it's gonna be valuable, more and more each year.

Exactly. There are many miners out there that sell their BTC when they get it, instead of hodling it. After the next block halving in 2020, the amount of bitcoins the miners sell each day will be cut in half. Causing a much smaller influx of coins new coins on the market. By 2020 the demand and userbase of BTC should be much larger as well, so that means the price can only go one way...

thefaucetrunner

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Maybe if you go out into space and fly close to a black hole, where the fabric of time and space are torn, you will be able to come back just in time and not have aged more than a few minutes. This is assuming the rest of us haven't destroyed the planet by then.

BlockEye

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

IMHO, We can see it if ever new advance technology for mining rig are introduced which focuses on increasing the hash power for computation. BTC halving is always happened every 4 years and if ever the miner hash power tremendously increase then the extraction of BTC from the last satoshi will be more faster. Take note that our technology was innovative and people wants a fast result so I believe that we can all see it.

electrobit

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Quote from: Roman Coinson on April 25, 2018, 08:11:05 PM

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Maybe in that date, the technology be too advanced and we can live more time Grin

So be have hope, there is a chance. One never knows... Cool

bitmover

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bitcoindata.science

That's very interesting.
In this website you can see the bitcoin inflation rate
Btc still has about 4% inflation rate per year., Which is a high inflation, above the average in the world.

https://charts.bitcoin.com/chart/inflation

Soon btc will have almost zero inflation. By that time it's gonna be valuable, more and more each year.

Roman Coinson

member

Activity: 112

Merit: 12

Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)

Topic: I realized that I won't see the moment when the last satoshi will be extracted - page 2. (Read 923 times)