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Topic: What happens when Bitcoin reaches its Max Supply? - page 2. (Read 1709 times)

newbie
Activity: 38
Merit: 0
I did not think about it, that time was in 2140 when BitCoin could have gone into the museum and was in the history books.
You are very interesting I really think bitcoin will appear in history books.
newbie
Activity: 238
Merit: 0
The value of BTC will be so high that we cannot reach the maximum supply. I think at a certain point, people will did it difficult to purchase BTC due to its astronomical value.
jr. member
Activity: 224
Merit: 3
Earn with impressio.io
maybe i don't know the answer but i know the miners of bitcoin will be pay. and bitcoin will be still work because bitcoin is like continue machine in internet. and mining fees always exist every time.
member
Activity: 252
Merit: 10
The World War 3! Every country will fight for it, water wouldn't be a matter, oil sources gonna burn, fliying cars, life on mars etc...

Of course just value of bitcoin will rise. I don't think anything else will happen.
member
Activity: 238
Merit: 10
The value of Bitcoin will likely continue to keep rising once mining stops. Fees will also be very high so miners will receive these fees for running the blockchain.
sr. member
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I think the ammount of transactions would increase and after that people who mine would get paid enough confirming transactions. And second of all the price in my opinon would become stable, maybe that's not possible but in some theory it can happen from higher ammount of people who invested
full member
Activity: 168
Merit: 120
I guess the miners will have a problem regarding the confirming transaction in my theory if that happens then it will be the start of another increase in the miner's fee because it will be an additional workload for them it is only right that they can increase but let us hope that if ever that happens that increase would be not that much.
jr. member
Activity: 97
Merit: 2
I don't think anything bad will happen to Bitcoin once it mines all 21mil of it. Miners will still get their pay via transaction fees.
full member
Activity: 448
Merit: 100
Diagon
After number of bitcoins will reach a mark of 21b, I suppose that it would be new blockchain organized, some kind of fork, clone. And all users who have bitcoins will get additional amount of new coins.  Grin
So it will be. In general it is difficult to imagine how Bitcoin will develop and be extracted further. If now the network is working so hard.
legendary
Activity: 2212
Merit: 1008
After number of bitcoins will reach a mark of 21b, I suppose that it would be new blockchain organized, some kind of fork, clone. And all users who have bitcoins will get additional amount of new coins.  Grin
sr. member
Activity: 910
Merit: 257
If bitcoin reaches to its maximum supply then i don't think bitcoin will work Strongly Because at that point the supply will exceed the demand and thus the value fill fall.
I don't know where are you coming but I think you have a different view on this. Reaching maximum supply means all bitcoins are already circulated. Note that it will not happen in an instant so by that time, bitcoin is already distributed to a more number of users. Reaching the maximum supply could mean we now have a very limited supply of 21M bitcoins but the number of users are growing each day. I don't think the supply will exceed that much to its demand by that time.
full member
Activity: 476
Merit: 103
If bitcoin reaches to its maximum supply then i don't think bitcoin will work Strongly Because at that point the supply will exceed the demand and thus the value fill fall.
jr. member
Activity: 111
Merit: 3
All we have to do is convince other people to join bitcoin, because when all the people uses bitcoin,  the bitcoin will rise and rise even if it reaches the 21m, and we don't have to worry about it anymore.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
People have different views about already mined bitcoin but no one is clear about real situation. I think when bitcoin come closer to end mining then the developers will plan for next of its new project that bitcoin might not end but I don’t think so that all the bitcoin will mine soon.

Most probably that developer enhanced the quantity of bitcoin in the system and by that time may be maximum would have been introduced bitcoin in their countries.

Nobody has different views on this thing.
Just dumb people, lazy ones that can't bother to user search for a second.
There are 16793825 coins mined as we speak.

And it's clear as it can be that you have no clue about the bitcoin supply and it's cap.
NOBODY is planning to "enhance" the quantity of bitcoins available. This is not Fiat!!!!!

it took a long time to reach 21M. but if bitcoin has reached 21M i think bitcoin will continue to work. and the effect, bitcoin prices will be very expensive because something rare will be very valuable.

And why the doubt?

After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

What has the max supply to do with micro transactions?
There is absolutely no correlation between the two of them.

And how do you think the chain will turn off? Do you even have a clue what the blockchain is?






full member
Activity: 350
Merit: 108
it took a long time to reach 21M. but if bitcoin has reached 21M i think bitcoin will continue to work. and the effect, bitcoin prices will be very expensive because something rare will be very valuable.
jr. member
Activity: 175
Merit: 2
Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

If the btc reaches to its peak definitely btc miners will gradually gone and find another resources though they can still get service fees if they still continue.
But if the case happened the price of the btc could be high because there no more coins added to its inventory.
The demand will surpass the supply.
legendary
Activity: 4438
Merit: 3387
After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

I assume you are trolling. If not, then I suggest you read more and post less.
full member
Activity: 756
Merit: 112
After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.
newbie
Activity: 51
Merit: 0
Maybe the bitcoins increase its value so many people are interested in bitcoin but it's too late. But the good news with former bitcoin users because they can be more rich, if they accumulate bitcoin before it mined all.
member
Activity: 71
Merit: 10
At some point in the future, probably around 2140, the last bitcoin will be mined. Once 21 million bitcoins are created, no more bitcoins will ever be created. That doesn't mean that the bitcoin world will come crashing down, however. Besides awards for hashing, bitcoin also provides transaction fees. Currently, these fees amount to only a tiny amount, only a fraction of a sent. However, as bitcoin awards go down, the fees will likely increase, as will the value of bitcoin.
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