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Topic: Will BITCOIN run out in 2140? - page 2. (Read 1167 times)

sr. member
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Zawardo
September 02, 2019, 06:28:11 AM
#92
Well I don't know... I don't care if bitcoin run out in 2140 because we already dead that year lol... but I'm sure the price will increase if the supply of bitcoin is decreasing.
sr. member
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September 02, 2019, 06:25:27 AM
#91
a question that makes me laugh to myself, by 2140 maybe the total supply of bitcoin has run out and is very rare and I'm sure bitcoin will go up very high and the price can reach 500k $, and I didn't know I would see such a good moment because by 2140 I was not in this world again

We can be free to predict Bitcoin, but maybe by then we won't be witnessing it because maybe we no longer exist in this world. I believe that Bitcoin will grow very high in the next 10 years so the holding at this point is still very good in long-term investment. I personally still prefer to invest in Bitcoin because it's a lot safer than other coins and has real value.
member
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September 02, 2019, 05:32:58 AM
#90
a question that makes me laugh to myself, by 2140 maybe the total supply of bitcoin has run out and is very rare and I'm sure bitcoin will go up very high and the price can reach 500k $, and I didn't know I would see such a good moment because by 2140 I was not in this world again
full member
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Proof-of-Stake Blockchain Network
September 02, 2019, 03:49:23 AM
#89
with the amount of people helping bitcoin I'm sure it will still last up to the year 2140 because of the volume of investors here as they are certain that over time its price will increase so the chances are higher they earn big.
jr. member
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September 02, 2019, 03:28:25 AM
#88
it's hard to predict if bitcoin will still run until the year 2140 but the volume of investors here and the bit of revenue here will still be bitcoin because I'm sure over time the value of investors will increase here.

in general no one will know about the future, I mean about bitcoin in 2140 later. but I think bitcoin has a limited number of coins and if the coin supply decreases the price will automatically become expensive. but whatever it is only time will answer
full member
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Proof-of-Stake Blockchain Network
September 02, 2019, 03:14:01 AM
#87
it's hard to predict if bitcoin will still run until the year 2140 but the volume of investors here and the bit of revenue here will still be bitcoin because I'm sure over time the value of investors will increase here.
member
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September 02, 2019, 12:04:43 AM
#86
My question is, are we still alive in 2140? I think we are discussing too far, and it is impossible to answer at this time. Indeed, the target of Bitcoin is long term. Every day the Bitcoin miner continues to grow. I think that in less than 50 years Bitcoin will run out in the mine. Bitcoin stock is very little.

In the context of prices it is very dependent on the world's rulers. At present the ruler of the world is Satoshi Nakamoto, even though we don't know him. He was present not to be remembered by anyone, with his program that was so great.

It is possible that the next decades of technological developments will become increasingly sophisticated. And a new hero will be born. If he agrees with Bitcoin, then Bitcoin will survive. If not, they will develop new technology and leave Bitcoin or Blockchain technology.

We will not life again at that time but  it looks like you are very wrong about the context of bitcoin depend in the world's ruler. You can argue that through use the bitcoin technical analysis because bitcoin is having limited supply and we can argue this will be very expensive like a diamond. Gold is not a comparison for bitcoin at that time but the diamont will. Tech can't be erased and remember this.

The development of technology the longer the more sophisticated. And in designing the language of the program is certainly different. From this it is possible that new program languages and new technologies reject the blockchain system. Because the OP is targeting the long term. So I assume also for the long term.
sr. member
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August 02, 2019, 02:45:55 PM
#85
I dont beleive that it will happen, why because over the course of time lots of people say that bitcoin is dead, but from zero to hero status bitcoin already prove lots of people wrong and they regret ignoring bitcoin, so I conclude that bitcoin will be here to stay and it will keep getting better
full member
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August 02, 2019, 02:32:20 PM
#84
I forgot the article that says about this.
but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
Satta Islam Tera Naam time so we don't really know how the future is but right now with time has huge expectation if we fulfill that we will be a very valuable and profitable person in this world that's why I don't think about the future do you think right now and get good things right now it will be my policy.
full member
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August 02, 2019, 02:19:18 PM
#83

Even if Bitcoin is limited to 21 million we can not be assure that price will continue to soar, because Bitcoin price f bitcoin depend to someone is willing to pay for it.
Much depends on mining, and if Bitcoin is mined, the price will rise and Bitcoin will be in demand among people
full member
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August 02, 2019, 02:07:34 PM
#82
Nobody knows the exact year or time when Bitcoin will run out. Postulating 2140 is just mere assumption because there are no real accurate calculations backing that.  By the way 2140 is very far, by then most of us won't be alive, just saying.  
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August 02, 2019, 01:51:38 PM
#81

Even if Bitcoin is limited to 21 million we can not be assure that price will continue to soar, because Bitcoin price f bitcoin depend to someone is willing to pay for it.
legendary
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July 31, 2019, 10:53:48 PM
#80
Can someone please confirm that there was a computer 100 years ago? It is almost impossible to see a Bitcoin after the release of quantum computers. The new technology will easily replace the old ones and I hesitate Bitcoin will be a consequential exception in this case. 
hero member
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August 02, 2019, 09:21:59 AM
#80
Bitcoin has limited supply, only 21 million coins will exist in 2140.
But you have to calculate with number of lost coins. It is easy to loose private key from Bitcoin wallets. So there will be less than useable 21 million coins and more and more  of them will be lost in the future.
hero member
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Winding down.
August 01, 2019, 02:09:50 PM
#80
We don't know the exact things which will happen after 120 years. Even we won't alive at that time, so make your view for short time. Now we have a goldern asset is bitcoin. We can easily inverse our money in bitcoin and get some good profit from it. So use that opportunity to earn more from your investment.
I can't tell if by that time we will still be alive. But having the fact that bitcoin is really limited so we should always make the best for it now and let's not wait for that year when bitcoin will finally run out. What is important is today when we are still alive and definitely take advantage on bitcoin while it is still here and still worth it investing.
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August 02, 2019, 09:10:51 AM
#79
I don't think that will happen. because BTC is the biggest crypto in the world. although often the price goes down but there are still many users who invest there. with the increasing number of users, of course there will be times when development will occur to continue to supply and handle many users. I am sure that before the year 2140 of course the number of BTC will be developed and added to serve the many market demands.
I think you are misconstruing the message of the OP, you probably think he means bitcoin will face out by that year, but I think he is talking about the supply, which the technology has already been designed to have limited supply of 21 million coins, and out of these total supply, if you check coinmarketcap history, you will see that over half of the coins has already been exhausted and we have less than half, so it depends on the level of adoption we have now that will determine when the remaining part will get exhausted, but I believe that what is left is too small for it to extend to that long year.

Within the next 20 years, bitcoin supply will really run out and the price will become very expensive at that time now, and that is why some people envisage that the price may reach 1 million dollars in future.
jr. member
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August 01, 2019, 03:35:39 PM
#78
it might be true if the amount of bitcoin supply decreases automatically the price of bitcoin will increase high, but i don't know whether it will happen in 2140 or not, and importantly i personally believe that bitcoin will not die, bitcoin has good development and has great potential for the long term
jr. member
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Base.protocol
July 31, 2019, 10:25:19 PM
#77
We are here sure won't live till 2140  Grin. However , I have not read where it was mentioned bitcoin ever run out.  I understand as the year goes by it will be more difficult to mine bitcoin extend the 21million to almost impossible to predict year.
sr. member
Activity: 1193
Merit: 251
August 01, 2019, 02:53:33 PM
#77
I forgot the article that says about this.
but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
The number of bitcoins will not decrease but rather will increase until 2140.It is difficult for me to make forecasts concerning the price which will be at the time of 2140.Perhaps until that time, people will only use bitcoin and no one will even know that once there was Fiat money.
sr. member
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Eloncoin.org - Mars, here we come!
August 01, 2019, 01:03:19 PM
#76
We don't know the exact things which will happen after 120 years. Even we won't alive at that time, so make your view for short time. Now we have a goldern asset is bitcoin. We can easily inverse our money in bitcoin and get some good profit from it. So use that opportunity to earn more from your investment.
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