Bitcoin Forum

I saw that today bitcoin has increased in price and this has made me interested in looking for news about bitcoin and I found this article which in my opinion might affect the rise in bitcoin prices today. try you see this article

https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-mined

what makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?"
What do you think? are your thoughts the same as mine?

The bitcoin mining is effective, the last bitcoin will be mined somewhere in 2140.

As of today, to mine 1 bitcoin there are necessary resources with a value of approximately 12 000 USD (energy, electronic equipment, buildings, air conditioning, man power etc).

This is why the price of 1 bitcoin is going up, because every product in this world has the price of the work and resources necessary to manufacture it.

85% are ready and things are getting harder for the rest. The degree of difficulty will increase and block prizes will be halved next year. That's when the real show starts.

I think miners will continue to mine and I don't think people now are thinking themselves to mine since the difficulty of it increases per year.

That means next year will be more harder to mine than this year. Saying that, people will choose to invest than to mine, miners will continue to mine since the harder it will be mined, I hope, it will be more expensive. More users, more fees, miners will still continue to mine.

As the coins to be mined keeps decreasing the difficulty for the same keeps increasing. The best days for miners were 2017, and during the days of bitcoin priced around $3000 the electricity consumption, investment on mining equipments were high that could never get a profit. By those days a large number of mining firms were shut down. When bitcoin is mined 100% further the network fee on transactions will be received by the miners as their reward.

I think, at the next block halving you will see a short term massive drop in difficulty, as miners realise that they are suddenly going from profit to huge losses.
Over time it will re-stabilise, but i think the overall difficulty will remain significantly lower than pre-having.
That said, if any of us actually knew what was going to happen, then we'd be better off selecting the lottery numbers :)
J

In my opinion mining is not the most effective way to make money beginning last year. There are only huge mining farms have some profit. Most likely 2020 will be the last year for mining. As for Bitcoin, its price will increase, but I'm afraid that the entire stock of coins will be distributed between whales what will make big manipulations on the market

No it is not interesting at all it`s not a smart idea to have a limited supply when we don`t limit the people.
https://www.youtube.com/watch?v=Y7TLFyK_3Pk


Take it from one of the best Real Time Strategy players in the entire world.

This is not news. This is by design.
As long as mining produces more money than it consumes (whether from block reward, whether from tx fees), as long as mining is even slightly profitable, mining will go on.
As you can see, mining can be profitable even with lower (and hopefully even 0, some day) block reward.
If you check the charts, the difficulty is still rising, meaning that new miners come in.

If mining will become less profitable, some miners will leave, making the difficulty drop and giving more profit to the ones remaining. A self-adjusting system.



The price.. is another story. As long as people are willing to sell this cheap, price stays as it is. Quite a lot of speculation makes the price not reflect the real "value". And the miners... I guess that they count the things in Bitcoins/kWh (after the gear is paid off), which doesn't really change by the percents mined, it'll change only at halving.

All in all, this "new" 85% means absolutely nothing spectacular.

These percentages do not mean anything, the total number of mined bitcoin will not effect on mining but the costs to produce new coins and the benefit of mining.
You can notice that the price of BTC fell to less than 4000$ which makes Mining unprofitable, have it stopped? No, because the number of miners will be reduced and therefore the equivalent of the rest will increase. vice versa.
Therefore, the impact of price on mining will not be a fundamental value but a psychological effect.

Next year, halving will reduce block reward, which makes Mining profits reduce and therefore increase BTC value if demand increases. In other words, if the ratio reaches 90% unless there is demand, Mining will continue.

People will not leave mining bitcoin as long as the bitcoin price can increase higher because they will consider that bitcoin is like gold in real life.
But bitcoin will not be easy to mine because the difficulty will increase after the halving and the more people mining bitcoin, the more difficulty will increase again.
And I think the demand of people to buy bitcoin directly at the market will also increase and that could impact the price which will increase higher.
Only people who have a big hash rate can make mining bitcoin, but I don't think they can get big rewards too in a day.
The bitcoin mining will be effective if bitcoin price increase, and as per now, bitcoin price is at more than $10k, and it might increase more than that.

Well, the theory is that miners will continue mining because the miners fees would increase as adoption increase and this will generate enough transactions to make up for the Block rewards that would not be paid in the future. I think technologies like the Lightning network undermine that theory, because these transactions will be done off-chain and it would cause a reduction in the on-chain transaction volume.  ::)

This is why Bitcoin is still seen as an experiment, because not all scenarios has occurred to determine if it would be self-sustainable in the future. I think people will still mine, even if it is just to support their other Crypto currency businesses that are built around Bitcoin payments.  ::)

This statement clears everything why BTC price will increase significantly soon after the halving. Miners will never leave mining and the cost must be above BEP, which clearly says where the price will stand.

Historically, as far as I remember, the price used to increase before the halving. It acts like a living being when it expects something to happen. It holds breath and stares at it ready to act, but when it happens and the effects aren't severe, it breathes a sigh of relief. That's why there's a big FOMO in anticipation of every halving (like the last time when BCH split) and a relief dump soon after.

Last drop of blocks! may surely make the price of bitcoin increase even further enough by the time the last block gets mined the price may very well have a very decent amount and right now the price will surely increase and this is inevitable if we further look on the previews movements it will always be like that, And in my opinion given the popularity of Bitcoin now it will continue to become even well known and no one can sure stop it from becoming a global denomination in both currency and asset, I truly believe that Bitcoin will be in that spotlight.

About this kind of discussion already in the previous thread

https://bitcointalk.org/index.php?topic=5171257.0

still interesting to discuss, already 85% or BTC17.8 million have been mined and in the previous thread mentioned 10+ years in the future it is estimated all have been mined

This statistic is cooler than it looks because if people didn't know that 85% of the coins have been mined already, they wouldn't notice anything. The price already reflects the current stage we're at.

The most important aspect of the supply is that we'll be seeing Bitcoin's net inflation be cut in half next year, which should bring it to more or less a similar inflation rate as gold and the more established fiat currencies.

Important to note is that even with lower inflation and thus fewer coins being mined, the price will still be extremely volatile due to how speculation driven this market still is. I don't see this change at all.

People here might be convinced that Bitcoin will make it and be worth trillions, but the institutions entering don't look at it as such-- they will exit the moment the charts turn ugly and that means they will take their money with them.

this statement doesn't make any sense because we are not mining $, we are mining bitcoin!

well when last time the reward went from 25 to 12.5 miners were earning about $9000 per block. today the reward is still 12.5 but they are earning $135000+ and even if we halve that they are still making $67,500 which is A LOT higher than when they started mining at half the reward at $9000 ish per block.

Bitcoin is at the verged of halving at somewhere in 2020 which will halve the mining rewards to 6.25 BTC, therefore, miners are trying to earn maximum BTC before halving.

Cutting the reward in half next year will be very influential for the miners. This year is the last chance for miners to get a reward of 12.5 Bitcoin per block. At the very least, this must be put to good use before halving. And this is a 4 year cycle that will continue until all Bitcoin has been mined.

Well, yes I think it matters the supply and the demand theory if no new bitcoins are available to supply is low and demand is more likely to remain constant. Indeed, rather than crashing the bitcoins would spiking and surge in value, the supply, and the demand theory works in amazing ways. There are miners compete to "solve" each block in having a transaction of bitcoin, and the winner obtains what bitcoins are contained in each block reward. Do you think they are leaving to mine once the demand become lessen and the price at the high price stage?

You can't say that for certain, if everyone decides to keep the inflation rate higher then it will happen.  I think Satoshi intended for the set inflation rate to just be temporary until the majority agreed on what would be acceptable in the future.

Also I wonder how many total bitcoins are completely lost.

We still have 15% that can be mined for a very long time.

In 5 more years, around 94% of all bitcoins will have been mined. The final 100+ years of inflation will be negligible. There really isn't a long time left at all -- that's a mindset we need to change.

FYI

Makes good reading

https://en.bitcoin.it/wiki/Controlled_supply

https://www.bitcoinclock.com/

yes more than 85 % are minded.
And now it takes the same time until the last 25% are mined as it takes to mine the first 85%
The btc mining system is really good in long term  ::)


regards

Many years to come and no need to panic if all bitcoin are slowly being mined. The price will grow high as expected because of future demands with bitcoin. Anyway we can't stop this one, we just need to be prepared for the possible outcome because anything can happen and if you do believe that the price will be more expensive, then buying now while the supply is good is better. The halving should bring positive impact in the market next year.

In theory, if everything else remains the same, half production with half demand keeps the price the same. half production with same demand should in theory double the price. But the market people are trying to catch this before it actually happens, so it ends correcting.

Suppose the "real" was 4k, after halving it would be 8k, what is it doing at 12k? So you see the price fluctuating up and down, and besides demand does vary as well, so "real" changes every second anyway.

Bitcoin production is fixed no matter what. Few miners, or many miners, every 10 minutes a new batch comes. But every 4 years this batch halves, today 12.5 but next year 6.25.

Mining is expected to become less and less profitable over time. Those large operations become inefficient and will have to size down or close completely. Price of bitcoin sometimes delays this, but don't count on it to always compensate miners needs, it won't.

The miners themselves auto regulate this. When there is so much mining (global hashrate) its less profitable for all, so many leave, and it returns being profitable for a few, which overtime becomes unprofitable again making them leave and making it attractive again... But notice on each round more leave.

Not to sound too pessimistic but sometimes news about totally mining bitcoins kind of scares me. I tend to think, what is going to motivate miners to continue to keep the bitcoin blockchain network up and running when there is nothing to give them. We all know that the cost of running the bitcoin network is quite high and miners use the rewards gained from mining as a source of income to cater for their expenses.

However, if these miners decide to keep the blockchain network operating then i think bitcoin transaction fees is going to go a bit higher.

Last coin will be minted around 2140, but mining will become unprofitable much much earlier, much sooner than you think, in the next few years i think, or maybe a decade.

The network doesn't mind, when the large miners go, those that remain will keep it alive. That is why every 2016 blocks it readjusts difficulty. It is designed with this in mind.

See, next year the prize for finding a block will go down to 6.25 BTC, in 2024 it is 3.125 BTC, in 2028 1.5625 BTC...

Are you scared? This has been designed like this since the beginning, perhaps some people with money to burn just don't get it. But is hardly a surprise.

You may be surprised, but these design choices are what made Bitcoin as valuable as it is today, and tomorrow.

Deflation is coming, and its good, it means the end of bubbles, and fractional reserve banking with its debt and vapor money...

Just to remind everyone that the 18th million bitcoin will be mined this Friday.

--> https://twitter.com/APompliano/status/1184821524194385922

They will be paid by confirming the transactions so you don't have to be negative on that side. The last coin will be more than a century from now so no worries on that matter.

Mining way can't less supply of bitcoin or some altcoin, mining have self way how to earn some altcoin without increase supply for altcoin mining it self, many people have return from mining because not worth for get much profit with pay higher price for mining operating system, many miner have back to usually activities to invest money with bitcoin or altcoin investment beacuse mining have less earning.

In this case we can expect huge market accumulation of bitcoin, so as with us, what we are going to do is to earn more bitcoin and store it on our wallet. Still, there's no reason to worry about as long as we hodl amounts of it, we are sure that when the market spikes, we have reserved and stored already and we still have another 100 years for the last bitcoin to be mined, in this case as the value of bitcoin in halving decreases, miners will refuse to sell it in lower prices.

As long as the miners make more profit on mining costs, I think they will continue to mine. With the amount of mining that has 80% of the supply of bitcoin, which can be produced is not much but the value of bitcoin is getting higher, not counting the wages of transaction costs. From my view of mining, "we will leave mining if it is detrimental, then move to profitable mining" so far I have not researched much information on miners so if it is profitable it will definitely remain in the mine .

The truth is very interesting questions, because the difficulty of Bitcoin has risen quite a lot, which implies higher energy costs in the search for rewards.

Another factor of vital importance is the market price, in recent weeks it has remained at a support point of around $ 8,000 and I believe that at this point it is still profitable, but land has been lost, because this year it was exceeded $ 13,000

We must also consider the fact that there are few Bitcoins to discover in the mining activity, a factor that can greatly influence a price increase.

lol all bitcoins will be mined in the next more than a hundred years so what scares you?we will die and leave this earth but the bitcoin miners will continue to mine after we left so why need to be scared?
dont make fun of your self because the more bitcoin was mined the longer the time will consume maining the next bitcoins.
so just chill and we will never see the last drop of bitcoin the will be mine

Mining any coin can be profitable if you are willing to sit on the mined coins and wait for their price to grow. And price growth is something that will definitely happen, since almost every single altcoin out there follows Bitcoin's liead.

Today mining bitcoin is not effective because higher operating system than earning we got from bitcoin, paying for electric, mining tool and paying for checking our mining tools in every week, earning from mining have less with than usually we make mining transaction last three years where many project build big mining system to get much bitcoin for mining.

There is still  million bitcoins to be mined and that is still a huge amount. Miners will still continue to mine until all bitcoin blocks were mined. When all blocks are mined then possibly some miners will mine other coins while others will focus on transaction hashes. But it will still took a decade before all bitcoins will be mined and also if all bitcoins were mined that is also the start of prices going up since there will be no additional bitcoins to add in the total supply circulation.

As what Pomp says, “#3MillionLeft”.

We are so fortunate to own some Bitcoin or satoshis in our arsenal, but I think it’s time now for us to mine some more. I would be happy if I could mine at least one Bitcoin no matter how long will it take. I would inherit it to my future wife or child if mining 1 Bitcoin would take a long while for it to completed like I may not exist there anymore.

The fact is that there will be a lot of demand for Bitcoin as halving will begin next year. Maybe this is one good reason why the price have pulled back for others to accumulate more Bitcoin.

Yes, but this does not mean that you can forget about mining at all, it can still be profitable

I also think as you said, if we see that now bitcoin has become popular among people especially young people now they are more interested in investing in bitcoin than they work in the real world and if I think bitcoin miners are not too much compared to people who invest in bitcoin because if someone wants to mine bitcoin, they must have a lot of capital to buy mining equipment.

People won't leave mining business just because all bitcoins were totally mined, they must continue to mine because without them transactions will be close to impossible to be confirmed in fast phase. Plus with the mining of all bitcoin there will be the price inflation and miners should lived off on bitcoin transaction fees alone, which will cost us alot for sure in USD value because bitcoins price will surely still rise.

More people are concentraring on investing in btc rather than mining it because with shortage or supply becoming less it is becoming difficult for miners to mine it and the resources used such as equipmemt and electricity prices are also increasing.But still miners will not leave mining due to the profit but it will become expensive and price of one bitcoin will also high.

I think these things generally balance themselves. As the halving comes many miners will definitely stop mining and therefore the total number of miners would go down and per miner reward would automatically adjust itself. However this would come only with some increase in computing power by the remaining ones. But definitely mining I think is reducing in business nowadays. It only came in fashion because people though of it as a passive Income which could generate them reaping profits just with certain initial investment but no one would be willing to make such astonishing investments considering the returns are going down.

You are right. bitcoin that has been mined does not discourage miner's interest to mine bitcoin. On the contrary, it motivates them more because it means that bitcoin is getting scarcer, with a higher level of difficulty, the operational costs and treatments needed are also greater, it is certain that the chance of bitcoin to reach a new record price is getting bigger.

I would say mining is the worst option for anyone without a huge capital and risk investment as I have personally incurred huge amount of lose as due to volatility as well as high cost of electricity as it was profitable initially then the marked got doomed. It's better to avoid mining if a are a low or mid level investor as this is not for us.

I agree with you. but I have a question that is a little disturbing to my mind, is mining bitcoin is still effective to get profit with the remaining 15% bitcoin?
because what I know from mining bitcoin is that each year the level of difficulty in mining bitcoin is increasing with the increasing number of bitcoins that have been mined. because of this I had thought that later there would be a new innovation or new technology that would make changes in mining bitcoin

Need more than 100 more years until all of bitcoin is mined. Mining cost is not small, energy consumption for mining bitcoin has now eeached more than 2.55 gigawatt. I think the number of it will continue to rise. Although the profit is smaller but it seems that it even makes them even more determined. Bitcoin as investment is very profitable. Maybe some people think that 100 satoshi is not very valuable but we don't know the price of bitcoin in the next 10 years.

Miners who understand things inside crypto/bitcoin will not leave the sphere  knowing that it isn't the actual bitcoin to mined is important but also those transactions that will be generated with fees. once bitcoin increased it's value the transaction fees will be considerable to fed the miners. So there's still a balance inside this business.
Only those small time miners will move away due to competitions with more knowledgeable and capable business owners that still believing that there's always gems around this industry that deliver fortune and success.

The article mentioned how transaction fees can remain profitable for miners even 20 years from now, after several block halvings down to below 1 BTC per block.

It will be another 12 years from today and then 99% of all bitcoin will have been mined, and the block reward is 0.78125 BTC.


The final 1% will then take another hundred years, you can probably ignore the supply at that point and just focus on how much adoption and demand will be and how that will affect price.

I expect the price to take a good positive turn this December and steadily move up as we approach the next halving next year, people selling cheap without planning to buy back may be caught in the web when it suddenly spikes in price.

At today's prices,  0.78125 BTC is $6,328. Miners currently get $101,250 per 12.5 btc block reward. Let's assume miners need $100k rewards per block to stay profitable or afloat. So, 0.78125 btc could be $101,250 in the future or $129,600 per BTC and 16x from today.

fun fact: The best estimates currently available suggest that around 190,040 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950.

That means that while bitcoin production is slowing down, gold production is speeding up :)

Depends, if there is still incentives in mining bitcoin then definitely miners are not going away. Remember as well that bitcoin mining is already a big time business and farms are expanding outside of China, and with that said I don't think the miners will just shift their mining gear towards other coins.

What will be the best alternatives for them? BCH? BSV? doesn't make sense at all.

As miners get close to the maximum volume of bitcoin, their reward gets smaller. But even though given that fact, we are still considered close to maximum, and demands would start to rise. The price would continue to rise as deflation would occur, which is I'm not really sure if it would be good or bad to the future of bitcoin. If it's value goes too high, then people will just hoard and bitcoin exchange would slow down. If no one wants to use it, then that could impose threat to bitcoin in the future.

And that (mining maximum achieved) is predicted to occur in the year 2140, a very long period of time. Of course prices will go up, every time Halving happens then The price of Bitcoin will increase dramatically. So even though the results of mining will get smaller rewards given, it will also be very expensive according to the work we do.

The next problem would be the transaction fees whenever we use our bitcoins to transfer our funds or if we were to purchase products/services. As long as we keep on mining bitcoin (supply decreases), the price exponentially increases due to high demand. It is highly advisable that people should consider the long-term of investing in bitcoin for the next generation of their family as their retirement benefits if you want to maximize its price.

That's already an acceptable upgrade for most dedicated miners. They've invested heavily to their equipment and farms and they do understand the difficulty increases over time and the required hardware is also upgrading.

It's true that as reward per block decreases, price in return will go up too. This is the most exciting part even you're just holding your bitcoins and waiting for that to come.

When the time comes that 99% of all bitcoin are farmed already the miners will expect a high bitcoin price or it won't be worth it anymore to mine. What will happen if only few bitcoin miners are left alone? So I understand now that bitcoin is in a race over time to become mainstream.

this is just armchair speculation. In the real world, people do use both inflation and deflation to their advantage, but there are also many other different pressures on their decision making all the time.


If you have Bitcoin, but want a better lifestyle, big jumps in exchange value will always cause you to consider spending some on whatever you've been coveting.

If you keep Bitcoin for a lifetime, and have resisted all temptation to lifestyle upgrades before retiring, then there's a good chance you will change your attitude, as you are more aware than ever that you're dying :D


It seems to me that the whole "Bitcoin stops spending argument" is just a very negative way of saying that Bitcoin makes you choose your purchases super carefully. Oh no, Bitcoin will stop people spending their money on crappy products that stop working or break after 2 years, how terrible that's gonna be! People want to save BTC more than they want to spend it, what a stupid thing to do, huh? ::)


Do you work for a pension company, or some low-cost household goods manufacturer? Sounds like it, because those businesses have alot to lose from everyone switching to buying quality products or investing in good assets for their old age :)

But higher Bitcoin price would mean that payments would cost more and would stop people from actually paying in BTC. Or there has to be a lot of transactions in a block, are there plans to increase block size in original Bitcoin?

There are no short term plans to increase block size in original Bitcoin. There may be long term plans, but I haven't seen anything to indicate that work has started in this direction. Rather we see possible second layer solutions like Lightning Network, if you really insist on paying for stuff like coffee with Bitcoin.

Payments would not necessarily cost more as you can still send transactions with fees as low as 1 sat per byte. Right now would be about a quarter of a dollar if you want it confirmed fast, but if the merchant accepts the transaction and there are no double spends seen within about 10 seconds, they have a high degree of being included in a block as long as there are fees included.

Everyone else worried about the last bitcoin, the difference between 2032 and 2140 is going to be minimal in terms of mining, as it's the last 1 percent. Maybe another decade and we see price eventually find some sort of stabilization, so that's about 2040-ish. That's not too far away. Don't worry about 2140, most of us would be dead by then.

Miners will only depend on the transaction fee. As you presumed the price of bitcoin transaction will be high and so is the price of bitcoin in the market which is why this current market is a huge opportunity for accumulators. Therefore, most bitcoin holders and traders won't find it too hard to pay the transaction fee.
Meanwhile, the SegWit and Lightning maybe the best option then.

In according to some resources, Bitcoin will be completely mined by 2140. So, we can't say that miners will leave their job soon. But also, we don't exactly know that what will happen in 2140.

1 billion is a huge value to be mined still so we cannot really conclude anything right now, it would take century before all of the bitcoin gets mined. It can still be a good news for us about having 85% of bitcoin getting mined already because it signifies the rise of the value of the said currency again. People will not leave bitcoin just because most of it was already mined, there are still a lot to mine and I know that they all know it too so they would definitely stick still to gain more benefit.

I tried bitcoin last year I thought I can earn a lot of bitcoin but it did not go very well because I don't get any profit. All of bitcoins I am earning is just my payment for the bill of current used by the reason of making my computer open for 24 hours every day. I watched some videos on youtube and they said that I should have higher specifications of video card and it should not only one piece because the more video card the more bitcoin you can earn at the same time. Maybe if I have some source of current like a solar panel, I can do the mining but here in my country it is so hard to pay for that and the price of billing is higher.

You're not supposed to mine bitcoins with a CPU or even a GPU these days. The time for CPU and GPU mining has long gone. You need the new ASIC machines to mine bitcoin.

In fact, many predict that miners still need at least decades to mine all of the existing Bitcoin. Moreover, the development business of Bitcoin is increasingly difficult. I don't know exactly when all Bitcoin can be mined, but when it reaches its closure, transaction costs still allow miners to mine and when it costs will be high.

If that's true I think the price of bitcoin may double or triple it's value now since there's a lack of supply due to 85% of all bitcoin have now been mined but the value of bitcoin, for now, is really far from its value before 2 years ago and I don't think that only 15% of all bitcoin is now available to be mined. But I did not worry about how much percentage to be mined. The more miner that mine in every transaction will make Bitcoin faster transactions, it can bring benefits to Bitcoin itself if there are more miners to mine.

can you count? actually, don't answer that :-\



have you ever considered playing in the middle of a very busy highway? Or on a high-speed train track?

Bitcoin mining is actually effective. It has a lot of impact on the price of bitcoin. I keep seeing different bitcoin mining sites with different pricing. Tho some of them are scam, the rest are real and the bitcoin they mine has effects on bitcoin price (tho I don't know if it's a positive or negative effect).

I think it is too early for people to leave mining Bitcoin. Don't be mistaken by 85%. There are many many years for all the Bitcoin to be mined completely. So, this can be discussed while getting close to the end.

I think people may start to leave Bitcoin when we get close to the mining of the last Bitcoin. There are too many years until that time but I don't think people can still prefer to be miner then.

Problem is, or maybe it isn't, that this 15% of bitcoins remaining are worth a lot more than whole 85% in past.
So in theory its 15% only, but in reality, its 100% looking by price.
All is relative here, many bitcoins are lost also.

I guess people really think that there are still lots of bitcoin to be mine or at least I see people that it will be more or less in 2140 that all bitcoin are going to mine.

But they don't understand that it we reach like 90%-95% of all bitcoins, it's like everything has been mined already, "Almost" is the keyword here, maybe by year 2032, almost all of them have been mine, that's why we should accumulate as many as we can as early as today.

Bitcoin have been mining with higher amount and supply of bitcoin will increase year by year, for the future maybe bitcoin supply will limited and make bitcoin price on the top, with bad issues and negative respond from many government make bitcoin slowly raise up to higher price, after bitcoin faced with halving time each four years maybe bitcoin price will grow up to higher again.

In other words bitcoin will become expensive 15 percent remaining to mine possible that bitcoin become too much expensive if the supply are bedome shortage to circulate un the market.
But of course in every situation there have an solution, can we use local bitcoin as alternative for the shortage of supply. Miners aren't stop mining to keep their bictoin as investment.

It depends on bitcoin price. Mining becomes unprofitable when the cost of electricity becomes higher than the reward for mining. when that happened at $3,200, many miners shut down and hashrate drops. The only ones that continued were those that had external funding (such as big companies) or were mining to HODL.

However, I strongly believe that this situation won’t be sustainable, because the difficulty is adjusted based on the transactional volumes, so it will self-correct and it will be profitable. You must remember that even when the mining wasn’t profitable, there were still miners mining at a loss. Hence, fewer people will mine, the difficulty will drop, and that will make mining more profitable, and leading more people to mine. besides fewer coins become available for sale because of halving and All else being equal, then we move along the demand curve, and price goes up again.

The price is beyond anyone's determination. It is beyond anyone's manipulation to be honest. Everything could happen in the market. That 15% may end up more expensive than the 85% but it could also happen that the rest of the remaining 15% will not be as coveted as the earlier Bitcoins. Nobody can tell for now. We are saying things based on the past. The future is not ours.