WHAT HAPPENS AFTER THE NEXT BITCOIN HALVING

[BitcoinGirl.Club]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

[NorrisK]

People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).

[DoublerHunter]

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.

[Zadicar]

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.

Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.

[20kevin20]

I think the effect will be a price increase. The last block halving happened last year and the effects will be seen this autumn: price increase is the most important, I'm looking for it to come for so long and can't wait to see if I am right!

[Wapinter]

With bitcoin price on rise,even a smaller mining rewards will be equal to previous mining rewards.
For example if mining reward goes to 1 btc per block and 1 btc is worth $10,000,wouldn't that be equal to 10 btc at today's btc rate?

[davis196]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Now bitcoin has a relatively stable price of around $1000 because of the last year halving,i guess.
I don`t really care about miners and their rewards.The worldwide quantity of bitcoin is more than enough.

[Xester]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Nope, we dont need to migrate to other altcoins. If there are limited supply the price of bitcoin will just increase and it will never stops to increase in price. When the price of bitcoin will reach 100 million dollars then that will be the time that we will need alternative coins or possibly we will not and just increase more zeros after 1 satoshi.  There are many solutions to the problems so there is no need to worry about it.

[ether19]

Personally, I will be more interested in the price of bitcoin and the adoption of bitcoin in general. Even if the mining difficulty rises, there will be miners who can handle the competition and they will keep mining. At least that is what we are witnessing now. And bitcoin will be the king of all crypto currencies. So we don't need to go looking for the next bitcoin in the making.

[paul gatt]

it's hard to say. Bitcoin is a huge amount of volume in the market. so figure half will be tremendously big, the Bitcoin balance can be reduced heavily. this can cause problems for the miners. And the price of Bitcoin will change unexpectedly, we can not say this. So I hope it will not happen

[DoublerHunter]

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.

Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.

Yeah. Now I'm working hard to save a lot of bitcoin so if the bitcoin halving will come then i can be one of those winners who have most of the bitcoin (I hope so). If bitcoin supply will get lower and lower and the demand is very high we can see a massive price pump like 10,000$ and that is very high and very profitable 

[Senor.Bla]

To actually answer the question and not only make predictions here is what will happen. After the next halving the reward for a block will be only half as big as it is now. So instead of getting 12.5 Bitcoins plus the fees for creating the next valid block you will get 6.25 Bitcoins plus fees. That is all. It has no effect on hashing power or difficulty. A change on fees as well as price is just speculation as well as a collapse of the whole system.

[bloodnest]

Like the last halving (where my expectations were crushed when no sudden jump in bitcoin prices happened lels / or at least how I envisioned it would go down), it'll probably just mean more difficulty for mining / miners (but I guess with how others see it, that wouldn't really matter) with more price stability going upward as we move forward.

[7788bitcoin]

I guess the same thing will happen... Nothing will be change, which will include a negligible price change...

What will happen will happen before the halving...

[BitcoinHodler]

nothing is going to happen that hasn't happened the past two times. the block reward will be half of what it is right now and if price continues going up (which my speculation says it is) then miners continue making profit. and if not some miners will leave, difficulty drops and we will continue using bitcoin as before !

[Arcteryx]

From all the expectations during the June ramped up excitement all the way to July when it actually happened
it felt like nothing really changed right after it did drop. It kind of fell flat with no significant increase in the price.
When does the next halving occur anyways? 

[sportis]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Now bitcoin has a relatively stable price of around $1000 because of the last year halving,i guess.
I don`t really care about miners and their rewards.The worldwide quantity of bitcoin is more than enough.

I am pretty sure that you don't know how bitcoin works. Do you believe that quantity of bitcoin gives strength? Why not take a bag of Zimbabwean dollars where 1USD=35 quadrillion Zimbabwean dollars? Bitcoin has value because many people all over the world believe that it has. And as currency must have some properties where one of them is that would not be counterfeited. Without miners bitcoin network is not secure. If bitcoin looses its trust between people then will be a worthless software code like as we called it as shitcoin. So miners and devs and nodes and normal bitcoin users are very important in the bitcoin ecosystem where anyone of them has his own position, and distinct worth.

[ImHash]

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.

[maku]

People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).

Just like the bitcoin scaling debate is being solved as we speak? Until bitcoin community will unite and fix current bitcoin problems:
block scaling, transaction malleability, rising transaction fees, longer confirmation times (far longer than promised 10 minutes)
Until then I refuse to believe that any future Bitcoin's problems could be solved in a decentralized environment.

[Zadicar]

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.

Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.

Yeah. Now I'm working hard to save a lot of bitcoin so if the bitcoin halving will come then i can be one of those winners who have most of the bitcoin (I hope so). If bitcoin supply will get lower and lower and the demand is very high we can see a massive price pump like 10,000$ and that is very high and very profitable 

$10k price is really high to consider on such amount but still possibilities of price to its peak is there and we all know that potential of bitcoin and it does really surprise its users anytime.For now we should wait and see the progress of bitcoin on its next halving to come in our lifetime.