However, there are more and more new technology adoptions and even more Venture Capitals as well as Hedge Funds backing Bitcoin, which is pushing the Bitcoin Price higher and higher. There is just limited number of Bitcoins available. When Bitcoin Mining will come to its end, that is the time Bitcoin Price will start flying high!
Yes correct, without the miners there will no confirmations in our transactions. If all of the miners will be gone, then bitcoin will halt because no transaction will be confirmed.