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Topic: WHAT HAPPENS AFTER THE NEXT BITCOIN HALVING - page 4. (Read 3043 times)

legendary
Activity: 1946
Merit: 1007
February 19, 2017, 03:27:53 AM
#2
People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
February 19, 2017, 02:58:00 AM
#1
Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?
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