Newbie Question

[ammarazemi]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

[Velkro]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

Welcome
ad 1. you mean how much coins there will be? 21 000 000 in circulation, no more, ever
ad 2. noone knows
ad 3. after all coins will be mined and no more blocks reward coins for miners, they will stilll mine for fees, that is concept, if it will be enough compensation for their efforst? we will see

[torontoluxuryhomes]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

1 yes 21000000
2 Nakamoto* nobody probably knows (or will tell to us)
3 Maybe yes but probably will be profitable for industrial miners and not for small users

[StoreBit]

no bitcoin will never exhausted, situshi is the founder of bitcoin, yes mining is profitable thing, you can get a lot of bitocin from mining.

[Traderx]

bitcoin continue with fee as earning endless, satoshi is unknown, mining is always profitable otherwise network will be not secure

[odolvlobo]

1. Do bitcoin will be exhausted?
2. Who's really satoshi nakomoto?
3. Mining will be profitable for future?

1. Bitcoins are not consumed. They will not be exhausted.
2. Nobody knows who Satoshi Nakamoto is (except Satoshi Nakamoto).
3. Mining will always be profitable for some and unprofitable for others.

[wintermeasures]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

1. Do bitcoin will be exhausted? I think bitcoin will not run it actually will increase over time
2. Who's really satoshi nakomoto? no one knows to this day. but I think satoshi is not an individual but a group
3. Mining will be profitable for future? I do not know about mining because I am not a miner. Maybe you can check here https://bitcointalk.org/index.php?board=14.0

[Mike Mayor]

1. No
2. No one will ever know
3. Yes

[BlueStackz]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

1)  No never. It will not until this planet exist also will keep on growing.
2)  He is the creator of bitcoin. No one knows him yet !
3)  In my view, mining will be profitable with future prices always. Mine and hold. It means you need to pay from your pocket for mining. But your mined coins will compensate your expenses after some time.

[avatar_kiyoshi]

1. If you talk about the supply, bitcoin supplies 21.000.000 coins, but it will not exhausted or gone from universe.

2. The creator of bitcoin is satoshi nakamoto, but it's unknown, as person or group. (My assume is group).

3. Depends on your equipment. Need a lot hash power, free electric bills and cool room. The difficult increased.

[Mike Mayor]

1. Yes

2.No one knows.

3.Yes it will be.

[Cryptonitex]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

Welcome
ad 1. you mean how much coins there will be? 21 000 000 in circulation, no more, ever
ad 2. noone knows
ad 3. after all coins will be mined and no more blocks reward coins for miners, they will stilll mine for fees, that is concept, if it will be enough compensation for their efforst? we will see

Don't you have to exclude the missing/destroyed bitCoin? I heard that's about 2.5 million gone.

[Sled]

I will only answer the number 3 because i don't what to say to your 1 and 2 question. I think mining will not be profitable in the future because this coming halving the mining difficulty will increase again and after 4 years from now the 3rd halving will happen again and also increase the mining difficulty so it will be hard to stay in positive profit on mining bitcoins.

[hermanhs09]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

1. Definitely. Bitcoin has a limited supply of itself which is one of the reasons why it is more desirable to use than conventional fiat.
2. Nobody knows, there are a lot of hoaxes around about who's the founder.
3. Not really, especially with the upcoming halving.

[Cyaren]

Hello everyone, i'm new here please give me some guidance...

Some question :-

1. Do bitcoin will be exhausted?

2. Who's really satoshi nakomoto?

3. Mining will be profitable for future?

First of all, bitcoin has a limited supply so if you're talking about whether bitcoin will ever run out, then no, but there will be no block reward after a few hundred years. Instead all the revenues will be from tx fees.

Satoshi is unknown for now, and I don't think mining is going to be profitable.

[Nouelle-Hunter]

Yes I think bitcoin will be exhausted

No one knows who he is

I think yes it will always be  profitable.

[JohnnyBrown]

I think bitcoin has a limit so I think yes,

No one knows  him or her

You can use btc as a medium of payment

[fllipperr]

Yes btc has a limit

No one knows satoshi as of now

I dont think mining will be more profitable on the future

[maltize]

I think bitcoin will be exhausted

Satoshi is  the biggest unknown person in btc

Mining site will not profitable  on future for sure.

[wintermeasures]

First of all there are total 21000000 bitcoins in circulation and for satoshi nakamato no one knows him till now and at last mining Is not profitable in future because when all the coins are mined there would be no mining reward for the miners....