Do we really need to bother about it? That day is more than 100 years from now. I am not even sure whether the human race will survive for that far.. Perhaps we should concentrate on the next 5-10 years proceedings?
as long as there is still a chance, we use as well. this time that i think just looking for a lot of bitcoin, so that later can be free financially. with financial freedom, will be able to ensure our life in the old age for better 
Topic: What is going to happen when we reach the 21 Million BTC supply limit? - page 5. (Read 1575 times)
April 24, 2018, 01:16:20 AM
April 24, 2018, 12:47:09 AM
I really don't know what will happen about this because it's too far from my imagination and I don't think that is a simple question and only need a simple answer. maybe only satoshi itself that can answer and we are only giving prediction answer without knowing the true answer. for me, I think it is better that we collect more bitcoin from now on so we make sure that when the supply limit is almost reached, we have much of bitcoin and we are ready to sell it if the price increases higher.
April 24, 2018, 12:24:45 AM
Will develop a new part of BTC, which less then 1 Satoshi)
April 24, 2018, 12:05:45 AM
it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.
I think it will stay the same as the market now the market will not be stable and the volatility price still there. Market prices will remain influenced by regulation and speculation. But maybe the different is the bitcoin price, will be higher than now. Many investors will buy and hold bitcoins before they are finished in the mines.
April 23, 2018, 11:44:18 PM
I think that nothing significant will happen if we reach the limit of extraction of bitcoin in 21 million pieces. Also, the very ratio between supply and demand will be unstable, just as its cost will be influenced by various noaostnye factors. In addition, I think that the amplitude of price fluctuations with the increase in the price of bitcoin will only increase. People will be afraid to lose their bitcoins and will constantly monitor news that may affect its price. With each negative information, some people will sell their bitcoins and this will lower its cost. Sometimes this can provoke panic and then the price of bitcoin can drop substantially.
April 23, 2018, 02:12:13 PM
If for example bitcoin supply is exhausted or has reached 21 million then bitcoin prices will soar so many people who sell it so bitcoin supply back increased, so the market system if the supply is higher than the demand then the price will go down and vice versa.
Bitcoin will still exist although we already reach the 21 million supply, for sure that time the value could be a million dollar worth already, we don't really know how much cost it could be because it will take a decade before it will happen and we are already not existing in this world that time. April 23, 2018, 01:22:33 PM
If for example bitcoin supply is exhausted or has reached 21 million then bitcoin prices will soar so many people who sell it so bitcoin supply back increased, so the market system if the supply is higher than the demand then the price will go down and vice versa.
April 23, 2018, 01:20:53 PM
Do we really need to bother about it? That day is more than 100 years from now. I am not even sure whether the human race will survive for that far.. Perhaps we should concentrate on the next 5-10 years proceedings?
April 23, 2018, 12:54:12 PM
it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.
April 23, 2018, 12:00:33 PM
Nothing is going to happen and you will probably not be able to see it not because of that you will not be alive but bitcoin will not reach 21M supply 
Bitcoin has a 21 million supply so we know it will reach there the thing is that it can reach the 21 million supply but the circulating Bitcoin in the network will be obviously less than 21 million since there are a lot of Bitcoin that is lost from hard drives being broken and private keys being lost.
I guess what I am expecting in the future, I know I am dead that time but I just hope the transaction fee in that time is cheap since the Bitcoin miners has no way to earn a profit, I think I see them having the main profit at those fees.
April 23, 2018, 11:55:43 AM
Well, in that case the law of demand will take place and since the supply will be limited along with increase in the demand, the price will increase and miners will no longer have to rely on mining to pay their bills, over the time we will see the improved efficiency in the network and we will be able to confirm transaction even with a cheaper fees as compared to that of now. Miners will still earn a good money because they will be processing a high number of transactions even if the fees are low. There would be the case of low cost, high volume.
April 22, 2018, 09:29:41 PM
When we reached the 21 million, supply limit for bitcoin production is put to an end. During the time its market price might be flourished to unpredictable level.Here we apply the simple market theory when ever the supply is limited its demand will increase and hence price can go up.It will precisely clear that to locate the position of bitcoin .In such situation bitcoin will be one of the most valuable currency in the world and can be used for the day to day requirement of humanity form top to bottom
April 22, 2018, 07:21:20 PM
Nothing. Life will continue as normal. At any rate, this isn't something that anyone need be concerned with during this century, as the last Bitcoin in existence will be mined in the year 2140, when both we, and our children, will have already ceased to exist. As for mining, I suppose all of it will be done exclusively for transaction fees.
April 22, 2018, 02:35:50 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
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 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.
I heard a documentation saying that its reached by 2040. My friends are saying that bitcoin will go to zero after it has received his supply limit. I think the price will be expensive.
Many people will hold it because it will be very difficult to obtain bitcoins.
You are literally just talking crap without knowing what you are even talking about.
The earliest estimations for when the final Bitcoin would be mined is in the early 2100's and most estimates put it sometimes between 2120-2150. Of course, it all depends on the amount of hash power and mining done. If governments and large corporations put more than was expected, it could be done sooner, but 2040 would be absolutely preposterous, not to mention BTC will never go to zero. There would always be someone who wants to buy it.
Anyway this 21M coins limit shouldn't fear users as it can be changed with enough consensus, I think it shouldn't be so hard.
By that time we are going to have a large amount of transactions going so the fees are going to be enough to cover the mining costs, it's too far to think about it but we should be okay considering the uptrend in the cryptocurrency users.
April 22, 2018, 01:44:04 PM
It seems to me that bitcoin can switch to POS mining, as ETH wants. POW will no longer be relevant and too energy-consuming.
April 22, 2018, 12:08:50 PM
The total number of bitcoins available is only 21 million bitcoins. Bitcoin also falls into a certain scarcity. When we reach the BTC limit we can not dig a bitcoin for free. Particularly bitcoin prices will peak.
April 22, 2018, 11:23:52 AM
When demand is high and quantity or supply is fixed then the price will start climbing gradually to the sky and it will kept on increasing to attain a stable value(volatility will decrease), but when we will going to achieve that stable value no one knows.
Many of us have a misconception that it will be end of bitcoin but in fact bitcoin will become more precious digital asset than it is now.
That is the point and that is what most people are not getting. Bitcoin is deflationary and once there is a real and huge demand for it, we would keep seeing the side where deflation surpasses inflation. In that case, when we have people using bitcoin for what it exactly is and when the supply has been fully mined, which is still a very long time and most of us would have been long gone by then, but in this case, there would have been a huge increase in demand and in value. Many of us have a misconception that it will be end of bitcoin but in fact bitcoin will become more precious digital asset than it is now.
April 21, 2018, 02:22:23 PM
actually there is no problem when bitcoin is really exhausted, there are many currencies similar to bitcoin, although the value of the price is still superior but other currencies also can still offset the bitcoin price someday. and if we already have a lot of bitcoin, we can change it to another electronics currency, or can be said to move to another wallet, just keep in mind if bitcoin is almost a bit then the price will be more expensive. but we also do not know whether the bitcoin quotas will increase or not, what if the bitcoin quota will increase.
What are you changing to another currency ? It seems you do not understand the idea of deflation or what the Op was really asking. Once we reach the 21million supply, that is what is going to be in circulation, but we also have to consider the lost ones, so we should expect to see less in circulation. However, once all the bitcoin has been mined, we will get to see value playing out for bitcoin and this would depend on real usage as currency. However, in the real sense, nothing happens. April 21, 2018, 06:35:24 AM
After the BTC has been fully excavated, the BTC investors still need to deal with each other, and the miners are required to mine the mine to ensure the normal operation of the whole BTC system!
The price of BTC will rise, and the transaction fee will be increased accordingly!
The miners continue their work!
The price of BTC will rise, and the transaction fee will be increased accordingly!
The miners continue their work!
April 20, 2018, 03:55:38 PM
In my opinion, the maximum number of bitcoin in circulation is 21 Millions. Each bitcoin can be divided by 8 decimal places, meaning that each bitcoin can be divided into 100,000,000 pieces. Each bitcoin unit, or 0.000000001 bitcoin, is called satoshi.
When the number of 21 million bitcoins will be achieved, it is likely to affect the rise in bitcoin prices.
When the number of 21 million bitcoins will be achieved, it is likely to affect the rise in bitcoin prices.
Jump to: