64 more halvings to go for bitcoins

[Gahs]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

Someone just pointed it out that if everybody holds their coins, there will be few coins in circulation and the late adopters will not have an incentive to join the mainstream.

[rekinthis]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

Someone just pointed it out that if everybody holds their coins, there will be few coins in circulation and the late adopters will not have an incentive to join the mainstream.

i think there will be no thing that most of the people will be holding their bitcoins, there will alwayys be people who will be using it or spending it for goods

[gentlemand]

And with the aid of refugee organ donation and reduced calorie dieting I'll be there to witness every single one. I'll light a candle for those who didn't make it.

[isvicre]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

Someone just pointed it out that if everybody holds their coins, there will be few coins in circulation and the late adopters will not have an incentive to join the mainstream.

That hypothetical doesn't work though because not everyone would hold their coins in any situation.

[Denker]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

Someone just pointed it out that if everybody holds their coins, there will be few coins in circulation and the late adopters will not have an incentive to join the mainstream.

Groll wrote that he is going to hodl some of his bitcoins, not all!
So he is spending and therefore distributing as well.
And the more Bitcoin rises in it's value the more people will start to spend it for almost everything they would like to buy. Cars, property, clothes, holidays and so on.
There won't be just pure hodling.Don't worry about that.

[Kprawn]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

Someone just pointed it out that if everybody holds their coins, there will be few coins in circulation and the late adopters will not have an incentive to join the mainstream.

There will always be people that would sell their coins... even the hardcore hoarders have their selling price.  ... The more coins hoarded the higher the price, and as soon as the price increase to a

level where people find it irresistible to sell, they will do so. Many late adopters will just have to pay a higher price to join the mainstream and that is how it is supposed to be. The market of supply and

demand is at work here, not government manipulation. 

[ebliever]

I've always and consistently heard that the last halving will be around 2140, and we know the halvings occur every 4 years. So somebody's math is screwed up somewhere. 2140 would imply there are about 31 more halvings to go.

[SmartIphone]

64 halvings x 4 years is equals to 256 years. So possible bitcoin will probably exist 260 years from now. It is bad new or good news. It maybe bad new for future generations but of us it is good news since we will not be able to witness the end of bitcoin.

Then after reading that facts, i decided to hoard some of my btc and I will open it and use after 20 years, since at that time bitcoin will still be alive.

Will you share your thoughts about it and correct me if i am wrong, I believe that multiple minds is better than one.

I think that there are 30+ more halvings until the block rewards ends at 0 satoshi based on the bitcoin wiki page: https://en.bitcoin.it/wiki/Controlled_supply
We don't know what will happen after few centuries but we should focus for this and next decade what could happen to increase bitcoin value.

[SirLancelot]

I've always and consistently heard that the last halving will be around 2140, and we know the halvings occur every 4 years. So somebody's math is screwed up somewhere. 2140 would imply there are about 31 more halvings to go.

That's because it's whats published in bitcoin wiki saying that the last halving might occur at 2140. In addition to a screwed math, somebody's probably not reading information about the halving either.

@OP, never need to worry about number of halving as it can be unlimited when bitcoin is divisible beyond 8 digits.

[Vikingr]

I think all of the bitcoins will be mined within a few years and at that time the miners will not fear for the halving, and it will not have any effect on the price of bitcoin any more.

[isvicre]

I think all of the bitcoins will be mined within a few years and at that time the miners will not fear for the halving, and it will not have any effect on the price of bitcoin any more.

All the bitcoins mined in a few years...

Try again friend.

[Jamada]

I think all of the bitcoins will be mined within a few years and at that time the miners will not fear for the halving, and it will not have any effect on the price of bitcoin any more.

After the next 3-5 halving, the transaction fees will be higher than the block reward, the halving will not have major effect.