Bitcoin's value is linked to scarcity and supply & demand. The rarer the commodity, the higher the value of that commodity. In theory the price will then go up as the scarcity increase, depending on the demand. The demand must also increase for the price to increase.
Compare it to Gold, to make it easier to understand, The more demand there is for Gold, the higher the price will be. We already know there are also a scarcity of Gold. ^smile^
Topic: What wil happen to Bitcoin if we acquire the 21M BTC? (Read 380 times)
If the 21M btc mined already the value of bitcoin will rise because the investors and the holders will increase and the only source of bitcoin is only in trading. the demand will become higher but the supply will become lower.
A lot of things may happen if this is the case. One of which is that the value of the bitcoin will be at its all-time high.
If the BTC becomes 21M I intend to turn my bitcoin over when BTC becomes 21M I will get a lot of money and I can build my own home and buy my own land. I also plan to buy small land and I can build my own business for the extra we can do and I will not rely on bitcoin and I also have fun while I bitcoin.If acquire 21M it is good to everyone to this join this site and to earn money for self and family needs.Bitcoin is really amazing and suprising to me because this site you earn much money. I wait bitcoin to be 21M until increasing my cup bitcoin.
Circulation will happen.
It is not a good thing to hold at that time anymore.
Maybe using it will be a lot better since the price will be larger than what is it now.
I think there will be no problem with the fees and the stuck tx also.
It is not a good thing to hold at that time anymore.
Maybe using it will be a lot better since the price will be larger than what is it now.
I think there will be no problem with the fees and the stuck tx also.
I think at the time when all Bitcoins are mined, Bitcoin value will be very high. And owning a whole bitcin will be very prestige. So at this time Bitcoin will be something like Gold. But just more rare!
the price will rise,, 
After all bitcoins have been mined and reached its capping, if its popularity and support is big enough, we can expect that the value of bitcoins will sky rocket as the currency is limited.
Bitcoin won’t reach the 21M market cap, it’s because many Bitcoin users lose it or the users don’t pass down their Bitcoin when they die. then when Bitcoin reached the maximum market cap, the last coin or block will be mined then the mining will only verify the transaction or PoS and seems the value will increase but it’ll only last for a while until people sell it.
the miners will get pay in every transaction made by us who exchange the bitcoin and making transaction
the bitcoin will continue to circulate and maybe the price will get more higher
and I think bitcoin will be used widely not like now in most of countries hehehe HOPEFULLY
the bitcoin will continue to circulate and maybe the price will get more higher
and I think bitcoin will be used widely not like now in most of countries hehehe HOPEFULLY
I have read that 21M BTC was originally created, and we currently acquired 16.6M BTC. What will happen to the value of bitcoin as we approach the 21M BTC? and what will happen if we reach 21M BTC?
That depends on the demand and usage of bitcoins. If bitcoin has reached the 21M product limit and only 1/4 of the world has bitcoins, and the demand and usage of bitcoin is damn high, then we can sell our bitcoins for a higher price. Just imagine the 3/4 of the population struggling to get a part of the 21M supply... This time adoption already come to the bitcoin and just waiting for the result about that.
I have read that 21M BTC was originally created, and we currently acquired 16.6M BTC. What will happen to the value of bitcoin as we approach the 21M BTC? and what will happen if we reach 21M BTC?
That depends on the demand and usage of bitcoins. If bitcoin has reached the 21M product limit and only 1/4 of the world has bitcoins, and the demand and usage of bitcoin is damn high, then we can sell our bitcoins for a higher price. Just imagine the 3/4 of the population struggling to get a part of the 21M supply... 
If all 21 million bitcoins are mined and purchased, during this time it will significantly increase in price and will lose much of the payment function and will increasingly acquire the value storage function. Therefore, it will actually become digital gold. Very rarely with its use, large purchases will be made. It should also be taken into account that the world of crypto currency is very volatile and what will happen in the future, what technologies will be invented, including in the world of finance, it is difficult to say.
I have read that 21M BTC was originally created, and we currently acquired 16.6M BTC. What will happen to the value of bitcoin as we approach the 21M BTC? and what will happen if we reach 21M BTC?
you still have the transactions fee. but again as many in here said. the value of a single btc would probably be something in multi 100ks.
I don't think we'll ever be able to acquire the 21M limit of BTC because the closer we get, the harder it will be to mine. However, as we move closer to that limit, the value of the bitcoin surges and increases because the supply are slowly getting low. Though, I fear that if this happens, the transaction fees will also increase even in the smallest amount in order to balance everything.
Well we would never have 21 Million coins in existence as many Bitcoins are locked up and/or lost. I think some estimates are that only ~ 19 million Bitcoins would even be available to spend, unless Satoshi's locked coins one day would move. Also the last coins will be mined in the year 2100 something, so it is still a long way off to worry about for most of us. So for most intents and purposes the majority of Bitcoin has already been mined and is available, so the relatively small trickle that will continue until mining is no longer viable should not be a cause for concern.
I have read that 21M BTC was originally created, and we currently acquired 16.6M BTC. What will happen to the value of bitcoin as we approach the 21M BTC? and what will happen if we reach 21M BTC?
If we acquire those 21M BTC, i think bitcoin's price will increase and probably will reach its last and highest price.
We know that those 21M BTC are not yet acquired, and we currently acquiring 16.6M BTC and its price is already $6,100, so how much more if we acquire the remaining? I think its price will get bigger.
Just my thoughts though.
With the approach of bitcoin to its production of 21 million pieces, its price will increase significantly and its function as a means of storing value will increase. By that time, a significant amount of bitcoin will be lost access for various technical reasons and at the final stage of its production another kind of business is possible, deciphering its code to those bitcoins that remained in the chain-chain as with lost access. However, in view of its considerable cost and the increased technical capability of such a process, it should be assumed that this will be a profitable occupation.
Hopefully the price will increase dramatically whenever it gets there and become a bit stable.I doubt that though, because the more users you have the higher the price, even so with less coins in circulation.
Price will spike a bit probably once all bitcoins are mined, and this will have an affect on mining:
Either mining will based on transaction fees by then, or bitcoin transactions will be for large amounts only for high fees, and most micro transactions will occur off network.
Either mining will based on transaction fees by then, or bitcoin transactions will be for large amounts only for high fees, and most micro transactions will occur off network.
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