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Topic: What Happens After 21 Million Coins Mined? - page 2. (Read 468 times)

sr. member
Activity: 438
Merit: 250
December 12, 2017, 01:03:55 PM
#10
or before they fix the code or they just end) and their number will decrease constantly, people will die and lose their bitcoins
newbie
Activity: 22
Merit: 0
December 12, 2017, 12:58:28 PM
#9
Everyone starts hoarding the coins and suddenly the price will go up, to millions and millions of dollars. But hey, in all seriousness, who knows? We shall see what the price will be at. I think it'd be a positive, and as we continue to advance into the future, we shall see what the prices continue to go up for
member
Activity: 168
Merit: 10
December 12, 2017, 12:57:53 PM
#8
End of the world  Shocked

We will see the end of the world before we will be able to get there. It's gonna take 120 years to completely mine Bitcoin.
legendary
Activity: 4438
Merit: 3387
December 12, 2017, 12:56:56 PM
#7
What will be the state of Bitcoin after all coins are mined?  Even before that what happens to miners as it gets close to the final mint?  Is one 1 Satoshi, 00000001 the absolute smallest demonimation or can fractions thereof be created if needed?

That question has been answered at least 21 million times (Google says 641,000,000 results). You must have seen it answered already.

Rather than answering it again, here is a link: http://lmgtfy.com/?q=What+Happens+After+21+Million+Coins+Mined
newbie
Activity: 26
Merit: 0
December 12, 2017, 12:50:38 PM
#6
nothing would happen, bitcoin is not meant to be infinitely divisible, real gold cannot be divided infinitely too, does it matter you?
hero member
Activity: 672
Merit: 500
December 12, 2017, 12:38:20 PM
#5
I guess it will be stagnation of bitcoin. There will be era of altcoins!
member
Activity: 112
Merit: 16
December 12, 2017, 12:37:14 PM
#4
Well the last coin is supposed to be mined sometime in 2140 an I'm fairly certain that bitcoin will not be around by then. Who knows what sort of world we will be living in, in 2140. So whenever this question is asked, my go-to response is that it's useless to think about it, since no one knows what 2140 will be like.
staff
Activity: 3500
Merit: 6152
December 12, 2017, 12:17:21 PM
#3
The miners will start getting transaction fees instead, and assuming that the growth of bitcoin continues, there will be millions of transactions so it will be as profitable as it is right now.
member
Activity: 70
Merit: 10
December 12, 2017, 12:14:08 PM
#2
End of the world  Shocked
newbie
Activity: 31
Merit: 0
December 12, 2017, 12:10:39 PM
#1
What will be the state of Bitcoin after all coins are mined?  Even before that what happens to miners as it gets close to the final mint?  Is one 1 Satoshi, 00000001 the absolute smallest demonimation or can fractions thereof be created if needed?
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