What happens when there is no more Bitcoin available to buy?

[Versatile_choice]

Maybe we switch over to other business/ Investment it could be real estate Business or other investment . I still can't believe that you will be asking this kind of question when buying and selling in going on. This can only be possible if selling is not taking place in the market, that's everyone will now concentrate in accumulating bitcoin without attempting to sell but this is almost impossible as majority of the investors will be tempted to sell thier holdings some day. So the fact there is that bitcoin will continue to be available in the market, it will be there for you whenever you're interested to start your accumulating journey but I will advice you start early if you're still a no coiner.

[Nothingtodo]

When there are no more Bitcoins to buy, the price of Bitcoin will be so high that ordinary people will not be able to buy Bitcoins.
The governments of some countries will then sell the Bitcoins stored as strategic reserves of Bitcoin at a high price.
Popular companies (MicroStrategy, Metaplanet, Semler Scientific, Sequans) will then sell the Bitcoins stored as strategic reserves of Bitcoin, and ordinary people will be forced to buy them at higher prices.

[Sanitough]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

As long as there are hodlers that turn into sellers in the long run, there will always be available bitcoin to buy. However, the price will be more expensive because of its limited supply. But if you mean to say no real bitcoin that can be bought through exchanges, since everyone is hodling still, then we can expect that bitcoin movement will become stagnant temporarily, thus delaying the adoption of bitcoin globally.

[uefbv]

You forgot that transaction fees are considered block rewards for miners and that miners need to spend to continue mining. Therefore, the only case in which there is "no more Bitcoin available" is when there are no transactions on the network, meaning the value of Bitcoin = zero.

bitcoins after were mined from Bitcoin blocks by Bitcoin miners will exist on Bitcoin blockchain and in wallets of Bitcoin holders. They can lose their bitcoins if they did not make wallet backups properly for wallet recoveries later. It's hard to lose all 21 million bitcoins in the future, and I don't believe it will happen.

It's only whether the Bitcoin blockchain continues to operate and new Bitcoin blocks will be mined so that Bitcoin holders can move their bitcoin to other wallets or other people in Bitcoin transactions on Bitcoin blockchain. I don't predict the future but I think Bitcoin blockchain will exist for a long time as my belief is blockchain technology changed the world, it will stay so will Bitcoin blockchain.

I believe that as long as Bitcoin remains valuable, huge economic incentives will drive miners to continue maintaining the network and ensure that the blockchain continues to generate new blocks.

[HistoLock]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

First thing to correct is that there will never come a time when there will be no Bitcoin to buy. Bitcoin is an asset with the highest liquidity in the market so there will always be buyers and sellers. What can only happen is that the demand will outweigh the supply and this will lead to exponential rise in price.

Yes, it is certainly true that in order for it to survive, there must be both buyers and sellers because without buyers and sellers, the market will seem dead. But what you said that the demand for Bitcoin is greater than the supply is certainly true because the supply of Bitcoin is limited. Yes, I think if the big reason behind its value is that it is limited supply, due to this, its price will increase rapidly day by day. But I think there will never be a time when there will be no Bitcoin, someone will sell it and someone will buy it, and it will continue like this, it will never stop buying and selling.

[Mate2237]

OP I like the way you describe it that with so many people buying Bitcoin all over the world it's like a building collapsing but funny as it may sound that is the reality Bitcoin is designed in such a way that one day Bitcoin will finish, and that will really trigger a ripple effect on Bitcoin because there will be a lot of reactions that will follow when this happens.


When there is no more Bitcoin to mine again this will actually lead to an increase in the price of market because the law of demand and supply will come to play because demand will be more as Bitcoin will be scarce, this is again another reason why people should hodl for the long term.

[beveryu778]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

It will never happen that there will be no Bitcoin to buy in the market. Bitcoin will be bought and sold in the market constantly, but the more demand increases, the more the price will increase in the market. The price of all products always increases depending on the demand, and the same will happen in the case of Bitcoin. However, no matter how much demand there is, there will be people who want to sell. Those who buy early will sell later, and then they will hold for a while and sell when they get a good profit. It will keep changing hands like this, but it will never be seen that there is no Bitcoin to buy in the market, this is just an emotional thought.

[Distinctin]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

If there is high demand for bitcoin in the market, then there’s no reason that the market will just allow bitcoin to collapse just because they have nothing to sell to the people. Note that these two exist in the market, the active buyers and sellers. While others are already selling their coins, these new who have entered the market will still be creating a good buy, thus buying while there are funds available and while there is opportunity to buy. So with this kind of cycle, clearly the market won’t be running out of bitcoin to sell.

While there are active sellers, those buyers will keep on doing their best as well to save and accumulate higher amount of bitcoin. As long as bitcoin won’t lose its value, buyers and sellers will keep their momentum in the market.

[batang_bitcoin]

I believe that as long as Bitcoin remains valuable, huge economic incentives will drive miners to continue maintaining the network and ensure that the blockchain continues to generate new blocks.

They will stop if there is no benefits for the miners to confirm transactions and maintain the network's safety. That's why they're the ones who are getting the rewards per transaction that we do and sometimes, they're quite expensive when it's clogged because of how the traffic and spam happens to it. And if there is no more Bitcoin available to be bought, the exchanges have their reserves and surely a portion of it will be sold by them. They're there to maintain the balance of the economy but they're also the ones that controls and manipulates it at most times.

[summonerrk]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

I've been thinking about this recently. After all, companies are constantly buying up Bitcoin, and when the supply reaches its highest value, it's not a fact that miners won't increase the price and want to sell only to those who give the highest bid. All sellers will do the same. I think that then a new cryptocurrency could be created, reliable and transparent, on a fast blockchain. But then the question arises: who will do it? After all, development teams, unlike Satoshi, may pursue bad intentions, and not a desire to change the world for the better.

[avp2306]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

I've been thinking about this recently. After all, companies are constantly buying up Bitcoin, and when the supply reaches its highest value, it's not a fact that miners won't increase the price and want to sell only to those who give the highest bid. All sellers will do the same. I think that then a new cryptocurrency could be created, reliable and transparent, on a fast blockchain. But then the question arises: who will do it? After all, development teams, unlike Satoshi, may pursue bad intentions, and not a desire to change the world for the better.

I read this before https://www.coingecko.com/learn/what-happens-last-bitcoin-mined and it seems that there would be scarcity will happen on Bitcoin when this situation will happen.

I guess when that year and all Bitcoin supply will be mined lots of miners would provably hold those Bitcoin they mined and there's huge possibilities that those situation you have mentioned might gonna happen in future.

Since there's good chance that many people want to buy Bitcoin and there's only limited supply available on circulation. But I don't know if new cryptocurrency will be created since that situation are happening these days but none of them defeats the popularity of Bitcoin.

[9ja Amaka]

Maybe we switch over to other business/ Investment it could be real estate Business or other investment . I still can't believe that you will be asking this kind of question when buying and selling in going on. This can only be possible if selling is not taking place in the market, that's everyone will now concentrate in accumulating bitcoin without attempting to sell but this is almost impossible as majority of the investors will be tempted to sell thier holdings some day. So the fact there is that bitcoin will continue to be available in the market, it will be there for you whenever you're interested to start your accumulating journey but I will advice you start early if you're still a no coiner.

Simple and short. No one should get stuck on bitcoin investment alone. There are many other investment that is good and would yield good profit in the long term. Sometimes investing in company stocks and real estate is good. Bitcoin has blinded the eyes of many individuals to see potential opportunities which is not meant to be so. In as much as it is the most preferred investment now, we should always find other profiting opportunities that may present itself now or in the future. Anyway I dont see bitcoin been unavailable to buy even in the next 20 years.

[purple_sparkles]

Maybe we switch over to other business/ Investment it could be real estate Business or other investment . I still can't believe that you will be asking this kind of question when buying and selling in going on. This can only be possible if selling is not taking place in the market, that's everyone will now concentrate in accumulating bitcoin without attempting to sell but this is almost impossible as majority of the investors will be tempted to sell thier holdings some day. So the fact there is that bitcoin will continue to be available in the market, it will be there for you whenever you're interested to start your accumulating journey but I will advice you start early if you're still a no coiner.

Simple and short. No one should get stuck on bitcoin investment alone. There are many other investment that is good and would yield good profit in the long term. Sometimes investing in company stocks and real estate is good. Bitcoin has blinded the eyes of many individuals to see potential opportunities which is not meant to be so. In as much as it is the most preferred investment now, we should always find other profiting opportunities that may present itself now or in the future. Anyway I dont see bitcoin been unavailable to buy even in the next 20 years.

There will always be bitcoin holders who want to sell their bitcoins to raise funds. The greater the scarcity, the higher the price. So I doubt there will ever be a point where everyone who wanted to buy bitcoins will just hold them for no apparent purpose. Right now, bitcoins are an investment used to increase capital. Of course, some bitcoins will be kept for a rainy day, but most of them will be in circulation.

[Danica22]

No one should get stuck on bitcoin investment alone. There are many other investment that is good and would yield good profit in the long term. Sometimes investing in company stocks and real estate is good. Bitcoin has blinded the eyes of many individuals to see potential opportunities which is not meant to be so. In as much as it is the most preferred investment now, we should always find other profiting opportunities that may present itself now or in the future.

Only bitcoin maximalists are stuck with bitcoin and ignore other potential opportunities, but they are a small minority. The rest of the market (cryptocurrency investors) will never waste an opportunity because they know clearly that their goal when entering the market is for profit. The purpose of investing is profit, not to worship and join a sect.

I am also a bitcoin investor and invest a lot in this market but I have to admit that bitcoin is the most preferred investment but not the only investment that gives good returns.
So, yes, we should not get stuck with bitcoin or anything else and miss out on bigger opportunities if there are any.

[Sonia_123]

Maybe we switch over to other business/ Investment it could be real estate Business or other investment . I still can't believe that you will be asking this kind of question when buying and selling in going on. This can only be possible if selling is not taking place in the market, that's everyone will now concentrate in accumulating bitcoin without attempting to sell but this is almost impossible as majority of the investors will be tempted to sell thier holdings some day. So the fact there is that bitcoin will continue to be available in the market, it will be there for you whenever you're interested to start your accumulating journey but I will advice you start early if you're still a no coiner.

When the last bitcoin is mined, there will be no additional bitcoin that will be made since it has reached its upper limit of production which will prevent circulation of bitcoin in the market and make it scares, the miners will only be earning from transaction fees to validate various transaction, since there is no more block reward, in other to maintain blockchain and in the bit to do these the transaction fees will become higher which will make the system stay secured since they will be responsible for covering the expenses and the miners will assist in approving transactions and this will increase the price of Bitcoin drastically that the common man will find it difficult to buy,by then the world will go back to her formal existence before the arrival of bitcoin.