What happens when Bitcoin reaches its Max Supply?

[Opquar]

It will produce an effect opposite of inflation called deflation. Demand can grow while supply can't, making its value larger and larger. We'll probably be dead by that time tho.

[lombok]

maybe if bitcoin has reached the maximum, bitcoin will be stable in addition the bitcoin price will decrease as the number is growing as expected this time. of course this will take a long time to reach the maximum number (21M token)

[heisenberg0000]

Miners should be paid on a different stake basis. And I think by the time btc reaches the max limit. It will circulate around the market as a normal commodity since it has been fully used in all business transactions.

[Zorbak]

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 will continue and the reward of finding blocks will be the transaction fees, as limited supply price should always increase so finding blocks for TX fees will be profitable and interesting for miners.

[ss890]

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.

Yeah they say last coin will be mined in year 2141 which is far far away from current scenario. The year is calculated based on network difficulty and the total miners in place plus total number of hashing rate they are producing. It could happen that new miners with more advance tech might just come in the near future and that could increase the speed of mining and the period may reduce to unexpected number. So miners need not to worry until we advance off the chart.

[guoyu78]

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.

People have different views about already mined bitcoin but no one is clear about real situation. I think when bitcoin come closer to end mining then the developers will plan for next of its new project that bitcoin might not end but I don’t think so that all the bitcoin will mine soon.

Most probably that developer enhanced the quantity of bitcoin in the system and by that time may be maximum would have been introduced bitcoin in their countries.

[greenpips]

At some point in the future, probably around 2140, the last bitcoin will be mined. Once 21 million bitcoins are created, no more bitcoins will ever be created. That doesn't mean that the bitcoin world will come crashing down, however. Besides awards for hashing, bitcoin also provides transaction fees. Currently, these fees amount to only a tiny amount, only a fraction of a sent. However, as bitcoin awards go down, the fees will likely increase, as will the value of bitcoin.

[ninjacrack]

Maybe the bitcoins increase its value so many people are interested in bitcoin but it's too late. But the good news with former bitcoin users because they can be more rich, if they accumulate bitcoin before it mined all.

[ranman09]

After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

[odolvlobo]

After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

I assume you are trolling. If not, then I suggest you read more and post less.

[Beehives]

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?

If the btc reaches to its peak definitely btc miners will gradually gone and find another resources though they can still get service fees if they still continue.
But if the case happened the price of the btc could be high because there no more coins added to its inventory.
The demand will surpass the supply.

[lionheart89]

it took a long time to reach 21M. but if bitcoin has reached 21M i think bitcoin will continue to work. and the effect, bitcoin prices will be very expensive because something rare will be very valuable.

[stompix]

People have different views about already mined bitcoin but no one is clear about real situation. I think when bitcoin come closer to end mining then the developers will plan for next of its new project that bitcoin might not end but I don’t think so that all the bitcoin will mine soon.

Most probably that developer enhanced the quantity of bitcoin in the system and by that time may be maximum would have been introduced bitcoin in their countries.

Nobody has different views on this thing.
Just dumb people, lazy ones that can't bother to user search for a second.
There are 16793825 coins mined as we speak.

And it's clear as it can be that you have no clue about the bitcoin supply and it's cap.
NOBODY is planning to "enhance" the quantity of bitcoins available. This is not Fiat!!!!!

it took a long time to reach 21M. but if bitcoin has reached 21M i think bitcoin will continue to work. and the effect, bitcoin prices will be very expensive because something rare will be very valuable.

And why the doubt?

After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.

What has the max supply to do with micro transactions?
There is absolutely no correlation between the two of them.

And how do you think the chain will turn off? Do you even have a clue what the blockchain is?

[yonghaseo]

All we have to do is convince other people to join bitcoin, because when all the people uses bitcoin,  the bitcoin will rise and rise even if it reaches the 21m, and we don't have to worry about it anymore.

[Ayush rana]

If bitcoin reaches to its maximum supply then i don't think bitcoin will work Strongly Because at that point the supply will exceed the demand and thus the value fill fall.

[xianbits]

If bitcoin reaches to its maximum supply then i don't think bitcoin will work Strongly Because at that point the supply will exceed the demand and thus the value fill fall.

I don't know where are you coming but I think you have a different view on this. Reaching maximum supply means all bitcoins are already circulated. Note that it will not happen in an instant so by that time, bitcoin is already distributed to a more number of users. Reaching the maximum supply could mean we now have a very limited supply of 21M bitcoins but the number of users are growing each day. I don't think the supply will exceed that much to its demand by that time.

[bitcon]

After number of bitcoins will reach a mark of 21b, I suppose that it would be new blockchain organized, some kind of fork, clone. And all users who have bitcoins will get additional amount of new coins. 

[TorbiK]

After number of bitcoins will reach a mark of 21b, I suppose that it would be new blockchain organized, some kind of fork, clone. And all users who have bitcoins will get additional amount of new coins. 

So it will be. In general it is difficult to imagine how Bitcoin will develop and be extracted further. If now the network is working so hard.

[Clifmeister]

I don't think anything bad will happen to Bitcoin once it mines all 21mil of it. Miners will still get their pay via transaction fees.

[cipher-x_09]

I guess the miners will have a problem regarding the confirming transaction in my theory if that happens then it will be the start of another increase in the miner's fee because it will be an additional workload for them it is only right that they can increase but let us hope that if ever that happens that increase would be not that much.