Your Thoughts on Future Investment After 21million Bitcoin Finish. - page 3.

Marvelockg

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Quote from: ?? on ??

Once all bitcoins are mined, no new supply will enter the market and availability will depend on people trading existing bitcoin. This scarcity could increase demand and pushes prices higher but it might also make bitcoin less practical for smaller transactions if prices become too high.

for all bitcoin to be completely mined to anywhere close to the 21 bitcoin that is in circulation, it means that all bitcoin holders won't be ready to trade bitcoin at all but will prefer to hold and leave bitcoin in their storage. the possibility of that happening is to me very slim because bitcoin will continue to circulate every day and the more people are ready to buy bitcoin, the more others will be willing to sell their bitcoin also which will keep the flow of bitcoin in circulation never ending.

before the 21 million bitcoins will be exhausted, some of the current holders will want to sell a portion to others who might be making use of it for daily trading purposes. bitcoin traders are always in the market and will continue to be ready for trading of bitcoin any day and anytime regardless of how scarce bitcoin becomes in the future due to basically an increase in it price. bitcoin is still in use as a payment option in different platforms and that in itself is going to keep bitcoin flowing across old and new users of bitcoin till the future that is coming.

ABCbits

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It doesn't matter, since i doubt most of us remain alive for another 116 years. But assuming Bitcoin is still alive by then and use PoW, miner still receive income from TX fee where they must sell some of it to cover their operational cost. So there's always small amount of available supply.

jcojci

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Bitcoin will be scarce and not many people can buy Bitcoin even for a small portion. Investors from this era already collect many Bitcoin and gives Bitcoin to their children as legacy so they can use it for their lives. The investment decision will be for my children because I am not sure if I can still alive for a long time. Besides that, I want to give Bitcoin to my children as legacy too so that will help them survive if Bitcoin price becomes high. What I can do now is just prepare my family's future especially for my children who will continue my journey if they have interest.

franky1

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bitcoin (the network) has never been measured at the blockchain data level in whole btc.. the blockchain data is measured in satoshis
bitcoin wont reach the 20999999997690000 sats in circulation limit for another ~120 years

in 2010 people were trading for things like 2xpizza for 1000000000000sats
in 2144 people would trade for things like 2 pizza for 2000sats at most

people will not be trying to accumulate whole btc, much like people today dont try to accumulate whole 1tonne gold bricks
people will try to accumulate 'bits' (100sats) mbit(10,000sat), much like people try to accumulate grams and ounces of gold

but here is the thing
its not our concern.. none of us would be alive in 120+ years. so its a economic concern and decision for our offspring and descendants to decide on naming smaller lumps of sats

much like during the gold craze of the middle ages where 'bullion', 'ingots' were being circulated, it wasnt them but their descendants thats decided on the gram/ounce measures (instead of grain/pounds)

NotATether

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You and I will be dead by the time the Bitcoin supply is totally mined. So it's not something you need to worry about right now.

Quote from: bitLeap on November 28, 2024, 03:49:17 AM

Bitcoin will not be difficult to buy in the future, but if you target the amount of 1 bitcoin it will definitely be difficult. Even 10 sat could be worth a lot in the future. An answer that will be difficult to ascertain, because it takes a long time to spend 21 million bitcoins and we may not even be around to witness it. I don't really think that far, as long as the market provides bitcoin to buy then the only choice is to buy any amount even if it can only afford $10.

Maybe 1 bitcoin will be worth a billion dollars by then, if it gets that scarce. It is definitely not going to stay at 1 million dollars like some other people here are saying. Of course, we haven't even realized a 1 million dollars price yet but there's over a century left until this happens.

Die_empty

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Give all before death

Quote from: ? on November 28, 2024, 02:41:00 AM

What's your thought about this and how would the investment decisions will be in future?

Thank you'll for your helpful contributions

The price of Bitcoin might go high depending on its demand since the supply will end after all has been mined. But the good news is that Bitcoin can be bought in bits, so it will still be available to buy some. Just like other scarce commodities people will still want to sell their Bitcoin at a given period so there will always be market liquidity. That is why we are encouraged to have a long term plan for our Bitcoin hodling because the time will come when common men will find it difficult to hold a significant amount. Don't always rush to sell all your hodling if you don't necessarily have need for the money, always plan for the future.

bitLeap

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Quote from: ? on November 28, 2024, 02:41:00 AM

If yes then how would upcoming investment be able to purchase it because if after the existence of 21M,bitcoin may be difficult to purchase in the future and due to the scarcity of bitcoin from my logic there will be increas in demand and obviously the value of each bitcoin could rise seriously.
What's your thought about this and how would the investment decisions will be in future?

Thank you'll for your helpful contributions

Bitcoin will not be difficult to buy in the future, but if you target the amount of 1 bitcoin it will definitely be difficult. Even 10 sat could be worth a lot in the future. An answer that will be difficult to ascertain, because it takes a long time to spend 21 million bitcoins and we may not even be around to witness it. I don't really think that far, as long as the market provides bitcoin to buy then the only choice is to buy any amount even if it can only afford $10.

EluguHcman

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Quote from: ? on November 28, 2024, 02:41:00 AM

Your Thoughts on Future Investment After 21million Bitcoin Finish

Good day everyone,I always wanted to make thread on this (21million Bitcoin in existence)but don't know if it was discussed before,however it depends on how everyone might view it in different perspective,to me I understood that the 21Million seems to the total number of Bitcoin going to be in existence from my research,so I wandered how?....For instance if the investor's eventually purchase them all(if possible)and all the bitcoin miners have mined the 21M finish,does that mean bitcoin is going to be scarce ?
If yes then how would upcoming investment be able to purchase it because if after the existence of 21M,bitcoin may be difficult to purchase in the future and due to the scarcity of bitcoin from my logic there will be increas in demand and obviously the value of each bitcoin could rise seriously.
What's your thought about this and how would the investment decisions will be in future?

Oh yes definitely the supply of Bitcoin will be scarce while demands would be much many. Then the value of Bitcoin will increase exceedingly and I guess that is where Bitcoin will not only represent a digital gold as always be figured but be acted as a global treasure.
Of course future investors will be able to buy but not going to be as easy as it is today due to the limited 21M supplies
has been mined.

Considering how miners would earned rewards on the Blockchain, since the total invented coins has been mined and earned, the miners would hence begin to earn from transaction fees. I am then believed that the current transaction fees is being on accumulations for future use for miners.

For future investors, of course holders would always sell as today's because Bitcoin is a currency ought to be used to solve our financial need. So definitely holders and would definitely sell and users would always want to buy but though going to be more competitive and increase in values compared to today.

Alpha Marine

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Why do people act like the more the bitcoin price increases, the more its difficult for normal folks to buy? The price of a bitcoin is pretty much as expensive as it is right now, but people still buy. Regular folks are accumulating Bitcoin with the little they have. Bitcoin grows in percentages. If bitcoin increases by 10% you who bought with $100 and the other person that bought with $1 million both have the same percentage increase. You do not make the same amount of profit, but the percentage is the same.
So if Bitcoin gets to $1 million for one bitcoin, it would be no different from how it is today. Those who can afford to buy 1btc or more will buy and those who can't will buy the amount they can buy. It doesn't change anything.

Also, the higher the Bitcoin price, the lesser bitcoin rich people can afford. If bitcoin gets to a million dollars by 2140, they won't be able to buy as much as they buy today. So they're not going to buy everything and even if they want to, the more they demand bitcoin the more the price increases.

Frankolala

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You can buy bitcoin in units and because it's a commodity people will still keep on trading overtime. The only problem is that it will make the price of bitcoin to be more expensive because the price increases overtime with limited supply and high demand. This is why you should start accumulating yours because in future bitcoin price will be very expensive for the poor and average to afford, only the rich and government will be able to buy bitcoin by then. Now is the opportunity for pleb like us to fill up our bags at cheaper rate and hodli for long.

Apocollapse

hero member

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That's the reason why not everyone can be rich.

Only people who have money can buy Bitcoin, while most of people are struggling to meets end their needs.

So, if you have money you don't know you need to use for, just invest in Bitcoin and forget it, but once you check your investment in the next few years, you're already in profit.

However, are we still survive in 2140? I really doubt it.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: ? on November 28, 2024, 02:41:00 AM

to me I understood that the 21Million seems to the total number of Bitcoin going to be in existence from my research,so I wandered how?....For instance if the investor's eventually purchase them all(if possible)and all the bitcoin miners have mined the 21M finish,does that mean bitcoin is going to be scarce ?
If yes then how would upcoming investment be able to purchase it because if after the existence of 21M,bitcoin may be difficult to purchase in the future and due to the scarcity of bitcoin from my logic there will be increas in demand and obviously the value of each bitcoin could rise seriously.
What's your thought about this and how would the investment decisions will be in future?

Bitcoin can not be difficult to purchase. Even 1 sat is relevant. If bitcoin become scarce and its price increases, the quantity that individuals will purchase will be small because of the high price but everything will be normal as usual as they will still be able to purchase the right amount that they want to purchase.

?

Activity: -

Merit: -

Your Thoughts on Future Investment After 21million Bitcoin Finish

Good day everyone,I always wanted to make thread on this (21million Bitcoin in existence)but don't know if it was discussed before,however it depends on how everyone might view it in different perspective,to me I understood that the 21Million seems to the total number of Bitcoin going to be in existence from my research,so I wandered how?....For instance if the investor's eventually purchase them all(if possible)and all the bitcoin miners have mined the 21M finish,does that mean bitcoin is going to be scarce ?
If yes then how would upcoming investment be able to purchase it because if after the existence of 21M,bitcoin may be difficult to purchase in the future and due to the scarcity of bitcoin from my logic there will be increas in demand and obviously the value of each bitcoin could rise seriously.
What's your thought about this and how would the investment decisions will be in future?

Thank you'll for your helpful contributions

Topic: Your Thoughts on Future Investment After 21million Bitcoin Finish. - page 3. (Read 466 times)