Topic: What happens when the last bitcoin has been mined? [Year 2140] (Read 690 times)
As supply gets depleted, demand now rises and prices will go up! Miners will benefit mostly with of transactions fees. The coin might stabilize as well as time goes by
November 22, 2018, 10:51:49 AM
Craig Wright (jnr) will creaate a fork.
November 22, 2018, 10:41:28 AM
2140 year is far away from this 2018. It is almost impossible to think now for 2140 from now rather we have to work on leaving think. We know Bitcoin is limited to 21millions, its mined will be ended in 2140. Time will say what will happen.
November 19, 2018, 03:38:34 AM
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective).
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
You are thinking too much. Just think about Bitcoin in near future because you will not live until 2140 https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
November 19, 2018, 03:34:39 AM
of course the price of bitcoin will soar very high because with the bitcoin supply getting little, the faster bitcoin will also experience a super high increase so the price of the value of bitcoin will be expensive
November 19, 2018, 03:25:43 AM
I think when last bitcoin mined, bitcoin price will be very expensive and transaction fee getting more higher than right now. It could be bitcoin holder will never wont sell their bitcoin because the supply reducing a lot. Miners maybe getting reward from the transaction fee
November 19, 2018, 01:41:35 AM
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective).
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
of course we will never know after that, only predictions.
but if bitcoin runs out of mine, of course, we can assume that bitcoin will rise higher in price or there is the latest digital discovery that beats bitcoin. this will be a debate
November 19, 2018, 01:40:54 AM
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective).
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
Dont worry, BTC will be over much earlier.I give BTC 1...1,5 years maximum.
But if You like math and technical perspective, then You could also calculate, what would be blockchain size by 2140, if blockchain doubles in size every 1,5 years.
November 19, 2018, 01:36:38 AM
I think bitcoin will continue for being use at that time, this is just a thoughts because no one knows in every of us what gonna happen after the very last bitcoin was mined in 2140, because we are probably dead.
November 19, 2018, 01:27:05 AM
i think it is the end of bitcoin
November 12, 2018, 07:15:15 AM
Nothing will happen, as there's absolutely no chance btc will remain the same until those days. It may be displaced by other giant technological coin and go into oblivion. The other chance is that crypto won't be an outdated technology in even 10 years, let alone 100+. No practical use to think about that. What happened with dial telephones in 100 years after the invention? The same destiny awaits btc.
November 11, 2018, 06:16:29 PM
Presumably when all the coins have been mined and are in circulation then there will be no need for further mining so coins will be earned from fees for transactions-both buyer and seller could pay a fee for the work done and it would be paid in bitcoin from the transaction. for example person A sells an item to B for 1 bitcoin, A pays x% transaction fee in btc and gets the 1 btc minus that fee, B gets the item but has to pay 1btc plus x% fee. or have i got this completely wrong?
November 11, 2018, 05:54:23 PM
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective).
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
https://coinlu.com/what-is-the-future-of-bitcoin/
So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then.
However, what do you think will happen and what can we compare the event too?
I think that this will happen much faster, as the technology does not stand still and develop with a roll forward, like a snowball. What is being done today in a few minutes, was previously considered in principle impossible from a technical point of view. So for the use of bitcoin can not be afraid. And what the hell makes you think we'll be dead by 2040?)
November 11, 2018, 05:51:56 PM
There really won't be a big deal. After all is mined then we will have the exact circulation flowing and there will be great scarcity. I believe by that time bitcoin would have been a real gem, life term life changing asset.
November 11, 2018, 05:38:41 PM
Bitcoin prices will increase and bitcoin will be increasingly scarce, but behind that all the big fees will definitely increase too. People will use bitcoin more as trading and making transactions
November 04, 2018, 12:36:24 PM
if in my opinion then someday if bitcoin has no inventory of coins then the price of bitcoin can definitely reach exorbitant, because if the bitcoin inventory gets less and less the price of bitcoin has become very expensive especially if there is no availability
November 04, 2018, 12:22:36 PM
2140 my age will be more than 1 hundred, i think i wouldn't know what will happen if last mined in 2140, i will better focue what will happen with bitcoin in 1 or 2 years more because i hope it can get better soon.
November 04, 2018, 11:10:27 AM
I can't guess what will happen in 10 years and you are asking what will happen 120 years later 
I don't know, maybe a fork? I won't be living at that time so don't care.
I don't know, maybe a fork? I won't be living at that time so don't care.
November 04, 2018, 10:53:15 AM
It will not going to happen. The mined bitcoin has only a little bit of percentage to the actual numbers of bitcoin. Besides, the bitcoin supply is fix which is 21 Million bitcoins. The mined bitcoin will then be the reason to go bitcoin market price higher especially if they will not spend bitcoin and just hoarding it. Miners will able to see it as an advantage for them because they can really earn more profit in holding bitcoin they mined. But, as what I have stated earlier that mined bitcoin has only a little percentage compared to the actual supply of bitcoin.
November 04, 2018, 10:52:36 AM
Mining charges should increment with the end goal to boost miners to continue with their essential work – without them the system would fall and Bitcoin would wind up useless and unusable without any transactions being checked. Newer mining hardware is likewise the appropriate answer to this potential issue.
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