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Author Topic: After all bitcoins mined  (Read 2153 times)
Thanasis
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March 05, 2018, 06:29:25 PM
 #61

After all bitcoins mined still miners will work and will get rewards which are paid by us in the form of transaction fee.At that time the price of bitcoin may too high but it still have long journey ahead.As per the calculation the last block of bitcoin will be mined at the year 2140.I am not sure bitcoin can live upto that much longer if it does then price will be too expensive maybe $100M per bitcoin. Cheesy

Mssafrudin
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April 13, 2018, 09:32:27 AM
 #62

After all reached 21 million bitcoins, the mined blocks will continue to grow. Miners will accept the fee only ... *
KingdomHearts
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April 17, 2018, 01:14:03 PM
 #63

What would happen after all the 21 million bitcoins mined? How the transactions would be carried?
I don’t really know how things will be by then, it’s lots of years from now. But whatever happens, I believe it will be for the good. As many of the people said, miners won’t be paid mining fees anymore, they will only be paid transaction fees and tax fees, if I’m right.

There will be nothing like mining then. But if that’ will cause a problem, it will likely be that they can create a new cryptocurrency and move everyone who has Bitcoin over to it.
vanjava
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April 17, 2018, 01:18:12 PM
 #64

Of course many people are selling bitcoins because they are expensive. And bitcoin increasingly rare it will be more expensive price and many also enthusiasts.

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