Topic: What is going to happen when we reach the 21 Million BTC supply limit? (Read 1575 times)
March 28, 2019, 10:49:38 AM
I don't know properly is there supply and demand was completely end for Bitcoin it will going to to be a stable currency the value of Bitcoin was stable and all the other countries tied up with Bitcoin and make it more powerful.
March 28, 2019, 09:22:06 AM
meaning that bitcoin is no longer there to be mined, and when the supply of 21 million has reached the limit, then what can be traded in the market is bitcoin owned between users. for example user A, sell and buy by user B. there is no more stock, and everyone who holds bitcoin is those who can still trade bitcoin in the market.
Then maybe we could only trade bitcoin, and maybe bitcoin will still become superior to the other. Still, I don't imagine too far because we still have a long journey and it's not good if we imagine how it will happen. There are so many possibilities for bitcoin to happen in the future since we still following bitcoin journey. The important thing right now is only preparing for the future, so when it happens, we are ready to face it.
March 28, 2019, 03:20:00 AM
If bitcoin has been maximized in mining, it is certain that bitcoin will be very valuable and many want it for investment and payment.
Surely many will hold and store it.
Surely many will hold and store it.
March 28, 2019, 01:56:28 AM
Its not if but when. There will be many Bitcoin lost so the exact number wont be 21m.
The price will be very high at this point as many people predict.
yes, I also think the same thing. when bitcoin has reached its maximum supply, maybe the price will be very high, or the price will be very stable. Well, for now, I might be preparing some bitcoins for the future. The price will be very high at this point as many people predict.
March 28, 2019, 01:46:43 AM
Its not if but when. There will be many Bitcoin lost so the exact number wont be 21m.
The price will be very high at this point as many people predict.
The price will be very high at this point as many people predict.
March 28, 2019, 12:08:01 AM
meaning that bitcoin is no longer there to be mined, and when the supply of 21 million has reached the limit, then what can be traded in the market is bitcoin owned between users. for example user A, sell and buy by user B. there is no more stock, and everyone who holds bitcoin is those who can still trade bitcoin in the market.
January 22, 2019, 07:38:57 AM
Solution has to be find before last coin will be mined otherwise we will see one big exit pump than bitcoin will die
There is already problem with energy consuming and that problem will be bigger and bigger
It is not joke in the world what is now looking for energy saving
There is already problem with energy consuming and that problem will be bigger and bigger
It is not joke in the world what is now looking for energy saving
January 22, 2019, 05:21:25 AM
If bitcoin reach 21 million supply in market, i think the price will be rising and very expensive. Hopely if this happen, transaction fee become more cheaper but miners should want more payment. I think this is a problem when bitcoin reach 21 million supply
January 21, 2019, 11:09:22 AM
the most common questions and indeed sometimes many people find it difficult to answer. but I have my own theory, which is that miners mine btc to reach the 21 supply limit and then sell it to the market, while investors buy btc in the same market then sell it in the same market again, so this is like spinning in the same market even though supply reaches the limit but BTC trading activity doesn't stop.
December 09, 2018, 04:10:27 PM
When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a good reserve of fiat and they have choice of the money whether to use crypto or fiat.
I am of the opinion that if 21 million BTC has been fulfilled, there will be no more bitcoin mining, so logically the price of bitcoin will soar because the amount is limited. Something limited will be an attraction besides its value because the amount does not increase.It is evident that no one will mine Bitcoins when the 21 million is reached. I guess, that when it happens, BTC price can jump very high. This cryptocurrency will become extremely valuable.
December 04, 2018, 10:14:00 PM
When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a good reserve of fiat and they have choice of the money whether to use crypto or fiat.
I am of the opinion that if 21 million BTC has been fulfilled, there will be no more bitcoin mining, so logically the price of bitcoin will soar because the amount is limited. Something limited will be an attraction besides its value because the amount does not increase. December 04, 2018, 04:15:59 PM
Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
21 mln coins it is something what has to be solvedI have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
Cost of transaction and mining can be solved by technology improvement
bitcoin sidechain can help a lot
I have been reading that Intel won patent what will make bitcoin mining less costly
So we will see
With current mining technology last coin will be mined around 2040
One more thing is hash rising costs
Cost of energy in China double in other countries cost of energy is also rising
That is not best news for btc
December 04, 2018, 03:24:06 PM
We will certainly not know what will happen if the last bitcoin is obtained. I believe that nothing will happen at all. However, by that time we can confidently say that the situation with Bitcoin will change by 2140. Most likely, the latter Bitcoin will be extracted much earlier than this period, or there is no need for its extraction and there may be many reasons for this. As another cryptocurrency develops, it is unlikely that Bitcoin will then be very expensive.
November 13, 2018, 12:53:20 AM
Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
soar the price of bitcoin to be very high. that is a sure thing to happen, if currently 79% are already mined, it means less a few years away bitcoin will not be able to be mine. my suggestion is to keep your bitcoin, bitcoin will be very valuable then.
I guess that the price of the last mined Bitcoin will be extremely high. However, you are right. After some hype around it, the situation will be stabilized, and BTC maybe will slowly go down.
November 11, 2018, 02:02:20 AM
If the supply become maximum, i think the transaction fee will become higher because miner dont have block reward. But i am believe too that bitcoin price will be growing higher and more expensive because the supply getting tight
that was most waited thing by bitcoin community.no more miner and bitcoin supply already mined and circulate in market.people want to buy bitcoin must provide much to make bitcoin holder interested selling their stock. November 10, 2018, 10:16:50 PM
If the supply become maximum, i think the transaction fee will become higher because miner dont have block reward. But i am believe too that bitcoin price will be growing higher and more expensive because the supply getting tight
November 10, 2018, 03:01:21 PM
I think if the bitcoin has reached its supply limit, bitcoin will not end and will not run out. because the fee from each transaction will be returned to the source, then the source will produce a new number that will be captured by the miner.
November 10, 2018, 11:06:43 AM
whenever the bitcoin is reaching its limit of 21million supply in the market the mining will be stopped and its supply also stopped. Whenever the bitcoin supply stopped and naturally its demand will increase and hence its market price can move upward..The 21 million bitcoin will be circulating in the market and its price can move up according to the market demand.and it can reach up to any height .Bitcoin is with a strong net work systems incorporated with the modern technology so the global community is much impressed to utilize bitcoins utility value in various aspects.Bitcoin is an investment tool,it can be used for the day trading since it is volatile in the market.Its features are very attractive to the global investors and it is a good transaction media which can save the time and money.The transactions can be carried out with out the third party interference.Bitcoin also can be useful for the on line shopping and the service bill payments etc.
November 10, 2018, 09:11:28 AM
Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
Don't mind too much yet you wont able to reach that year on where all the 21M coin supply would be totally mined.I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
No one knows on what would happen on that year it would be on 2100+ as far as I remember. If demand is high then already the supply
is only limited then expect the price would really more than as we are on now.
November 10, 2018, 08:59:36 AM
in my opinion if bitcoin has reached the supply limit of 21 million, then bitcoin can be an antique coin and hard to get, because if all the bitcoins are mined, then the price of bitcoin will get higher, and I think people who have bitcoin are very lucky people.
Jump to: