Topic: what happens to altcoin if bitcoin has run out (Read 217 times)
Surely there will be one coin that will take the bitcoin position as a criptocurrency representative and as a coin that has the highest price because it now stands in topcoin that beats the other coins. But I have not thought of another coin that can beat bitcoin because bitcoin is already in the likes of the world community.
If all the bitcoins get mined the market value of the btc will increase because there is no more btc to provide for the public and hence when the demand of the btc grow the rate will also grow and the once holding btc will sell off their coins to get profit so that they get benefit out of their coins.And it will be available for the public again.Anyway it will atleast a century or more to get the last bitcoins mined as mining of btc has become more complex as compared to what it was in the past and its a long way to go.And the matter about the alt coins is that it will also continue to grow along with the btc.
If bitcoin's supply stops and the demand continues to go up, then the price will obviously go higher due to the supply not meeting the amount of demand we're getting from people FOMO-ing.
On altcoins though? It also depends on what the hard cap of certain altcoins are.
On altcoins though? It also depends on what the hard cap of certain altcoins are.
Demand will always grow, if the whole crypto world succeed
Bitcoin is not infinite its supply. Many people work hard to get bitcoin, some buy bitcoin and invest.
Btc's supply numbers of coin decreases every day due to the public demand.
If bitcoin run out, I should say altcoins will increase its value. Because btc will become more expensive as precious one that everyone looking and desiring to have it even just one as btc start this crypo world. And I guess to its developer have already plan regarding this future to take place.
Btc's supply numbers of coin decreases every day due to the public demand.
If bitcoin run out, I should say altcoins will increase its value. Because btc will become more expensive as precious one that everyone looking and desiring to have it even just one as btc start this crypo world. And I guess to its developer have already plan regarding this future to take place.
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
of course you are right if bitcoin is more expensive then altcoin will also be expensive because it seems it will be rare people who want to buy at a very expensive price for fear of falling prices.
There is no need to worry about this problem, and it will take one hundred years for bitcoin to finish. In theory it is not to be mined until 2140. It is believed that people have found an alternative before they are finished.
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
Then we will come to the supply and demand law. Which means when the supply cannot meet the demand of the investors the more it will rise the price to make investors sell their bitcoins and the cycle will continue. Another thing is that some coins will be available and will coup up with bitcoin like the promising ethereum, ripple etc.
Bitcoins and alt coins only rely on each other if they are both from the blockchain. There are also in the ripple which does not depend on btcs. Also, altcoin will overtake bitcoin if the price will have a downfall.
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Considering the fact that we have a long time of some thing like 115 years before last bitcoin is mined. I think i can safely say that wont be a problem for you or me or our kids and even grandkids possibly. Now when all 21 million bitcoins are mined i strongly believe people will still use them. Now i dont think alt coins will die off when bitcoin is mined completely. I think bitcoins will become the equivalent of a $100 bill that is not used for small purchases " in the far future " . Where alt coins can be the $1 bills for small purchases.
I believe that alt coins are not dependent on Bitcoin since they are even inversely proportional. If or when Bitcoin crashes, Alt coins will shine the brightest.
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
When twenty-one million bitcoins are mined that will be the exact limit of supply, bitcoin will become very expensive depending on how users adopt it.
It will stlbe based in how people see bitcoin as a trust worthy coin.
Expensive things stiil attracts people when it's quality is proven by old users.
Altcoins are based on bitcoin, assuming that if bitcoin booms, they will to. And if it doesn't, it will have a down side as well too.
two things had happened in the past, cash will flow into altcoins therefore price will rise. or bitcoin leads to an major correction,I am not sure on the theory behind it
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
I think nothing will be done, Day by day Bitcoin is becoming a powerful currency so that it will not vanish anymore, not only that but also Bitcoin is getting accepted in many countries as well as online platforms, that's why Bitcoin is not going to die.if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
on the other hand, Altcoin will dominate in the local market so in case of any disaster of Bitcoin then altcoin will find out another way. In the era of technology, many source will come out in the absence of Bitcoin.
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If bitcoin will run out, then the price will become really expensive, why? So that people who hold bitcoin will force to sell them then it will go to cycle again. But if that wont happen, altcoin's value will become useless. if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
Alt coins have different coin caps, so they will not "run out" at the same time. ^smile^ The whole Crypto currency protocol was designed to sustain the network with miners fees, once the Block reward runs out. The Lightning Network will have Lightning hubs that would also serve as a source of income, when the Block reward stop.
Satoshi thought about everything. ^smile^
Satoshi thought about everything. ^smile^
Well, the incentive to mine will be now on the fees. By the time that happens, the fees will be worth as much as block rewards are today.
Alt coins have different coin caps, so they will not "run out" at the same time. ^smile^ The whole Crypto currency protocol was designed to sustain the network with miners fees, once the Block reward runs out. The Lightning Network will have Lightning hubs that would also serve as a source of income, when the Block reward stop.
Satoshi thought about everything. ^smile^
Satoshi thought about everything. ^smile^
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If bitcoin was reached its limit then the price will be more expensive than now,but some theory says that last bitcoin will be mined in 2140,so its still a long way to go.If bitcoin was done then people will look for alternative coins so altcoin also will get expensive if all bitcoins were mined.
We are still in the early stages of crypto currency,many peole don't know what is crypto and bitcoin so if many people will knows abouth this in near future so the demand of coin will increase so the price also increase.
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
Theoryticaly it will make the demand even bigger because there is no more additional supply. But there is probability that bitcoin minner will turn to other coin that can they mine because it will be profitable for them. Its difficult to predict. if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
bitcoin has a limit of 21 million, if it has reached the limit and demand is increasing, of course, the price will be very expensive. and for altcoin, I do not think it has any effect on bitcoin
we all know that bitcoins have limits and miners keep trying to collect their bitcoins.
if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
If Bitcoin reached its limit, I think it would be ome more expensive so that people who hold bitcoin will sell them. if Bitcoin will run out, altcoin will be dead. No more use for altcoin if theres no more bitcoin.if bitcoin has reached its limit, will bitcoin price remain expensive? does anyone still want it? then what about altcoin? does altcoin also end?
just because bitcoin will end does't mean altcoin will also end. each altcoin have its own purpose and uses. look for etherium it has a potential to be the same with bitcoin or maybe can surpass it in the future.
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