What happens when Bitcoin reaches its Max Supply?

[Bitcoin_trader2016]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

I think if bitcoin reach to his max supply all the bitcoin miners will join intry only and earn bitcoin in transaction that makes by people who are using bitcoin transaction

[1714118964]

1714118964

[degaga15]

in my opinion bitcoin will not be added if the supply is still widely circulated, if the supply is multiplied then the bitcoin price will go down, therefore bitcoin now given the limit let the price do not drop drastically.

[drm]

It's either going to skyrocket because of bitcoi'sn scarcity, or it's going to tank because of the missing miners, a big driving force on the btc price.

[ICOmonster]

It's either going to skyrocket because of bitcoi'sn scarcity, or it's going to tank because of the missing miners, a big driving force on the btc price.

i think bitcoin will collapse because the Fee for transferring will be so high

[kalawang]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

Based on my research in 2015 the total supply of bitcoin is 6-5 million? I dont think so but i know that if bitcoin got max supply i know that bitcoin is get increase to the highest price becuase if the supply is limited we expect the price is high.

[Mpamaegbu]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

Nothing out of place will happen except that the price of Bitcoin will skyrocket. By the way, the 21m is the expected total mined coins but there is no way that 21m will be in supply even after everything has been mined. Of course there are going to be lost coins in transaction or lost private keys to trace some coins.

[Asmonist]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

I think when all of Bitcoin are in curculation it is possible that transaction fees will rise because of increase in the demand for transactions.
Without mining Bitcoin transactions won't work but mining all the Bitcoin supply doesn't mean bitcoin miners will stop mining, miners still can make profit from transaction fees but the issue is, is transaction fees enough for miners to make profit from it? But It is too early to think about it, some experts said that all Bitcoins will be mined in 2140.

Let's just relate this in the law of supply and demand. When the market price rises the supply of good rises and as it fall the supply falls. However, the demand rises when the price falls and it falls when the price rises. So, when bitcoin reaches the maximum supply meaning the supply falls and the market price is low and the demand is high. In that event many will demand to buy bitcoin. I think its just the norm because if they demand more then they have nothing to do but wait for its availability. Anyway, many had already using it. They must increase the supply. There could be a maximum supply but it should always be more than the demand.

[AmXProX]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

It will not cost the coin to fall apart but most probably expect higher transaction fees since the miners will just earn from the transactions.

But when that time comes which is 20 years from now imagine how many transactions will occur at a single time. the current rate might be enough to compensate the lost of mining because of the increase in the transactions.

[n0ne]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

It will not cost the coin to fall apart but most probably expect higher transaction fees since the miners will just earn from the transactions.

But when that time comes which is 20 years from now imagine how many transactions will occur at a single time. the current rate might be enough to compensate the lost of mining because of the increase in the transactions.

Once the maximum supply is reached automatically the demand will be high leading to price increase. Along with the same the transaction fee will surely reach big as there won't be any more mining further takes place. The mined coins that're into circulation in different forms generate the growth.

[Pleione527]

If bitcoin will reach its maximum supply and it cannot sustain the increasing demand the best way to settle this issue is to increase the value of bitcoin we should not be worry because bitcoin will stii circulate in the market as long as the owners are active and the demand continue to grow. I am also sure that developers are anticipating this thing that's why as early as now they formulate solutions in limited supply of bitcoin.

[q835197677]

If one day, the price of bitcoin should be a very exaggerated price figure. I'm looking forward to it, but it will take me decades to get there.

[Reid]

That is why it needs more value so that miners will still keep on working on it.
If the price of bitcoin is soaring high then every miners fee will be valuable too.
They can still pay for their bills and somehow they will still have some profit.
But this will occur for a long time and we might not be seeing it.

[xianbits]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

I think when all of Bitcoin are in curculation it is possible that transaction fees will rise because of increase in the demand for transactions.
Without mining Bitcoin transactions won't work but mining all the Bitcoin supply doesn't mean bitcoin miners will stop mining, miners still can make profit from transaction fees but the issue is, is transaction fees enough for miners to make profit from it? But It is too early to think about it, some experts said that all Bitcoins will be mined in 2140.

Let's just relate this in the law of supply and demand. When the market price rises the supply of good rises and as it fall the supply falls. However, the demand rises when the price falls and it falls when the price rises. So, when bitcoin reaches the maximum supply meaning the supply falls and the market price is low and the demand is high. In that event many will demand to buy bitcoin. I think its just the norm because if they demand more then they have nothing to do but wait for its availability. Anyway, many had already using it. They must increase the supply. There could be a maximum supply but it should always be more than the demand.

I think you already have the idea but the way you have stated it made me confuse.
It should be put this way, at least in my own understanding of the said law. Since the maximum supply is considered to have been reached, it can then be considered a constant supply.
At a constant supply, the price rises when the demand also rises and the price falls when the demand falls. In case of bitcoin, I can generally say that more and more people are getting into this idea each day thereby making a constant increase in demand. So, to sum it up, when the max supply has reached, the price will continuously increase and people should consider it by now.

[darthmaul]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

Mining won’t stop after total supply is in circulation. Mining is still required to confirm your transaction within different blocks in the same way as it is done today. So it’s not like mining just required to mine the coin but it’s more than that. It is also speculated that fees will increase in this period because miners will get their rewards or earnings from that way as they won’t be having reward from the pool directly. That could happen on prominent scale.

[ashfer]

The price will be high which is economic to do mining and profit made from the transaction fees and there won't be any newly created coins.Some studies say that it will not hold small percent of inflation but i feel that the system itself will continue to generate as it is doing now or may be there is chance for new coins to show up or new btc will be created the once doing mining will get their payment in different ways a there wont be anymore blockchain rewards.They can get paid only by their fees so i think there is chance for fees to increase and transaction charges will go high and the value  of btc aswell.I don't think such situation will show up in the near future.There is a common law for everything when the demand increase it is normal for the price to shoot up and hence the once holding too many coins will be willing to sell off to get profit and hence supply of coins can be solved.

[Sendibere]

I read an article where there are things that happen when the bitcoins reach the max supply. It is said that Supply remaining in bitcoins is estimated at 21,000,000 BTC and when it is all mined. Bitcoins will be gone but I'm sure that the people involved in bitcoins will not allow it,

[tamilbitcoin]

My guess is, the transaction fees will rise, even if it could have been low. Considering the same amount of bitcoin in circulation, a nominal fee would be good. It will encourage more transactions and more fee. Rather if they get greedy and hike the fee, their income will be the same, but as time goes the number of people using it may go down. In any industry the number of users is very important and keeping them in is very much essential.

[proTECH77]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

Bitcoin will surely still work when it reaches its max. It would then bring about a circular chain of movement as a result of the fact that there would be no more production of it. The value might increase as well as fee charges(base on assumption).

[mondobitcoin]

Simple: nothing. The only thing that can happen is a grow on the price
I think that when all supply is reached, the price can reach like $20-30k
So need to wait and hold bitcoin

[asebaby]

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

Many Individuals are thinking that Bitcoin will get to the top,if the  bitcoin are not been mined,but that is not correct because as it stand 21million bitcoins have been created, but only 7 billion  bitcoin are own worldwide,so what will make the difference if bicoin arenot mined