What is going to happen when we reach the 21 Million BTC supply limit?

[WaveFront]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

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[Coin-Keeper]

When the supply of a product becomes "fixed" and folks still want to get some, they will economically (maybe physically too) fight to acquire it.  Everything is for sale provided the price is high enough.  I am not currently selling my BTC, but if someone offered me enough I would change my mind.  We will almost certainly see a time when transactions will be in Satoshi's and it will be the extreme investor that will be trading daily in multiple full BTC; a decade from now.  10 years flies by quickly so hold on to your seats and enjoy the ride.  Even if you start now you will be an early adopter compared to 10 years from now.  I can hardly imagine what my BTC will be worth per coin then.  If I am right my heirs are going to have it made!

[asdlolciterquit]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

well, we all know that btc is a deflation coin. So, what happen to the price is pretty clear.

The good question is: why i have to mine if i can't have any btc as reward? you say right: transaction!

And the solution to not make transaction really expensive is to put more and more of in in every single block.

[BabyBoss]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think in that situation there is big possibilities that bitcoin is more strictly when it comes in transactions. Maybe the more bitcoin you want the more identity and more money you will going to gives just only to get bitcoin.

[Creepings]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think in that situation there is big possibilities that bitcoin is more strictly when it comes in transactions. Maybe the more bitcoin you want the more identity and more money you will going to gives just only to get bitcoin.

The mining of 21 million bitcoin supply limit will greatly affect the bitcoin price and especially, the Miners. We all know that the miners have to ways to earn bitcoin, it is the block rewards and the fees. If bitcoin was all mined, the block rewards will be gone and the only way they can earn bitcoin is through fees. I don't know if the miners will be happpy about that. The other one is the price which I think may have a good price pumps since the limit is reached and the demand will surely increase.

[Razick]

There are two different ways you can code a cryptocurrency coin. First of all, it can have a fixed end such as Bitcoin. This is when a final number of Bitcoins are mined and then there is no more reward upon completing blocks. However, on the other hand some cryptos will never be fully mined, only splitting into smaller and smaller portions over time, with some always remaining to be mined.

[dihari]

There are two different ways you can code a cryptocurrency coin. First of all, it can have a fixed end such as Bitcoin. This is when a final number of Bitcoins are mined and then there is no more reward upon completing blocks. However, on the other hand some cryptos will never be fully mined, only splitting into smaller and smaller portions over time, with some always remaining to be mined.

It's make sense. I think it's fair to keep the miners stay working even the total supply almost reach with that split.
 Nobody know what will happen if no one mining bitcoin anymore because of no blocks to solve anymore.

[fanbeila]

It would take around the year 2140 for bitcoin's last block to be mined.Its true that mining would get difficult at that time.Now bitcoin miners get bitcoin as block reward and transaction fee as bonus.After 21 million coins get mined,there would be no bitcoins as reward and only transaction fee would be their profit.So,transaction fee would be very high at that time.But since bitcoin's price would also be very high,it would not be considered more.Also,due to technological developments,micro chips may be used for mining which would cut off the electricity more.

[KingScorpio]

When the supply of a product becomes "fixed" and folks still want to get some, they will economically (maybe physically too) fight to acquire it.  Everything is for sale provided the price is high enough.  I am not currently selling my BTC, but if someone offered me enough I would change my mind.  We will almost certainly see a time when transactions will be in Satoshi's and it will be the extreme investor that will be trading daily in multiple full BTC; a decade from now.  10 years flies by quickly so hold on to your seats and enjoy the ride.  Even if you start now you will be an early adopter compared to 10 years from now.  I can hardly imagine what my BTC will be worth per coin then.  If I am right my heirs are going to have it made!

btc will not last that long,

because its just a tulp mania.

https://en.wikipedia.org/wiki/Tulip_mania

the infrastructure burdening waste of energy and the lack of legitimacy will end it.

most people that are putting their money into bitcoin do that only because they think they can leave with a higher value, similar like during the tulp mania in the netherlands in mid 17th century,

people sold a house for 3 rare tulp bulb for the same reason.

later there will be bitcoin cash bitcoin gold bitcoin platinum, bitcoin silver, bitcoin diamond, bitcoin whatevery.

during the tulpomania the traders and planets became rich not the speculants.

same will be here, the IT coders and the marketeers will earn a lot, not the speculants, they are the meatmass.


nevertheless he tulpomania left a longterm new econmic fields in the netherlands to,

that is why i like cryptoeconomics but i will not trust bitcoin

regards

[stompix]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.

True.

The amount that are mined so far is more than 16 Millions (more than 79%)

True.

What is going to happen when the 21 Million limit is close to be reached?

Nothing special. The reward will just drop till the last satoshi is mined.
Here is a graph.

Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

It is not going to be more difficult to mine bitcoins.
The reward will go down but so might the difficulty,and with the price rise in the end the miners will make the same profit or more for at least a decade.
Once the reward is going to be some satoshi miners might quit or rely on the tx fee.

BUT they can't push the tx fees higher.
Those are determined by the amount of space in the blocks and the amount of daily transactions.
If nobody is sending coins, the tx will be close to 0. If 100 millions try to do that, the offer and demand rule will kick in and you might end with 50$ per tx fee.
But the miners have little say in this (if they act normally and don't mine empty blocks or spam the network).

btc will not last that long,
because its just a tulp mania.
regards

There was a period long time ago when this was funny. But it was so long ago I even forgot how to laugh reading this.

[twobits]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million reached and the bitcoin will not possible to generate the more coin, The transaction fees will be increasing a lot. This time the txfees for every transaction touch $5 for a single transaction. and that's rediculous high.
Miner will not get the reward from mining the bitcoin block. They will be pushing the transaction fees to increase a lot imo.

[Maveth13]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

[asdlolciterquit]

When the supply of a product becomes "fixed" and folks still want to get some, they will economically (maybe physically too) fight to acquire it.  Everything is for sale provided the price is high enough.  I am not currently selling my BTC, but if someone offered me enough I would change my mind.  We will almost certainly see a time when transactions will be in Satoshi's and it will be the extreme investor that will be trading daily in multiple full BTC; a decade from now.  10 years flies by quickly so hold on to your seats and enjoy the ride.  Even if you start now you will be an early adopter compared to 10 years from now.  I can hardly imagine what my BTC will be worth per coin then.  If I am right my heirs are going to have it made!

btc will not last that long,

because its just a tulp mania.

https://en.wikipedia.org/wiki/Tulip_mania

the infrastructure burdening waste of energy and the lack of legitimacy will end it.

most people that are putting their money into bitcoin do that only because they think they can leave with a higher value, similar like during the tulp mania in the netherlands in mid 17th century,

people sold a house for 3 rare tulp bulb for the same reason.

later there will be bitcoin cash bitcoin gold bitcoin platinum, bitcoin silver, bitcoin diamond, bitcoin whatevery.

during the tulpomania the traders and planets became rich not the speculants.

same will be here, the IT coders and the marketeers will earn a lot, not the speculants, they are the meatmass.


nevertheless he tulpomania left a longterm new econmic fields in the netherlands to,

that is why i like cryptoeconomics but i will not trust bitcoin

regards

you call btc a waste of energy...but most of altcoin need to be mined, so are they a waste of energy too?

And so...how can you like cryptoeconomics? i don't understand..

[yoseph]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

It's the miners who will not be getting anymore bitcoins but since they are needed to confirm transaction,  that's the only way that they are going to make money. But with the value of bitcoins how it rise will depend on the demand of the people.

[reflector]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

Still we may not sure about the satoshi holding bitcoin. I am sure that be is one who holds the large amount of bitcoins. Mining bitcoin will always works in the network pool because this is the only one way to use as the transaction medium.
If you want get paid fee as charge for it. Start mining to have it buddy. Transaction fees will be consume as the reward for the bitcoin miners.

[warrior333]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

It's the miners who will not be getting anymore bitcoins but since they are needed to confirm transaction,  that's the only way that they are going to make money. But with the value of bitcoins how it rise will depend on the demand of the people.

The price of the transaction standard. Together with the rising price of bitcoin increases the price of the transaction. The miners would not hurt himself. At a great price of bitcoin profitability of the transaction will be higher than they are now mining coins. Perhaps in the future we will have to pay $ 300 for each transaction. Honestly, I don't understand how in such circumstances there may be trade for bitcoins.

[Agostosmori]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

yes mining will have lower yield as time goes by due to increase difficulty. but it is also complimented by the fact that there are only limited supply of BTC available, thus the increase in BTC value. As long as people still acknowledge BTC as a mean to buy goods and services, I think mining is still possible.

[ramsdaj28]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

First of all, the maximum number of bitcoins in circulation as of now is estimated at 16.667 million BTCs, not 21 million. Most people have confused with MAX SUPPLY and MAX CIRCULATING SUPPLY. Bitcoins is minable, thus the max supply is not yet all circulating in the market, but the mined coins are.

Once all the bitcoins are already mined, the most probable thing to happen is that transaction fees will become expensive due to high demand in transactions, while miners will take this opportunity to earn from these transactions since they are already done with mining. Furthermore, bitcoin price might also rise up tremendously because there will be a high demand while the supply is not that high anymore. Most people will hold their bitcoins and wait for its price to rise up, and if that happens, there will be a lot of bitcoin holders who will find themselves millionaires in the near future.

[szpalata]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

It's the miners who will not be getting anymore bitcoins but since they are needed to confirm transaction,  that's the only way that they are going to make money. But with the value of bitcoins how it rise will depend on the demand of the people.

I think the core devs might consider instituting staking of the bitcoins by  encouraging everyone to run a full node and earn some percentage at the end of the year based on his amount staked  as in the qtum project.

[Eclipse26]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think if all the resources of bitcoin will already be mine, the price of it will be higher. Those people who wants to have bitcoin will buy it even if its price is high. Also, theres a probability that new cryptocurrencies will rise in the future that are better than bitcoin and people will use that instead of bitcoin.

[madwica]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think value of bitcoin is going to more expensive because lots of people who do not have bitcoin yet will eagerly wanting to have that is why demand will increasing together with its value, also i think the circulation of bitcoin is too slow because more investors are continue to keep their bitcoin and make it like gold in the future but i think bitcoin supply has no limitation since lot of people are now start to build their own mining site and it is always profitable. Also the transaction fee will be so expensive and no one wanting that.

[Murloc]

After the last satoshi will be mined miners will still get their reward from transaction fees. They will probably get higher (in BTC value) which in addition to the exchanger rate growth can be realy painfull for users. Thats when some other fork can come out and take the whole market. Anyway untill that time i think devs will find a good solution.

[pinoyden]

After the last satoshi will be mined miners will still get their reward from transaction fees. They will probably get higher (in BTC value) which in addition to the exchanger rate growth can be realy painfull for users. Thats when some other fork can come out and take the whole market. Anyway untill that time i think devs will find a good solution.

i think until that happen, devs will still find a way or much better if they can extend the supply of bitcoin to ulimited (if that would be possible?) so that we can still mine and use bitcoin in a normal way because many of people are now loved to use bitcoin and it has been a part of our daily lives. i really cant imagine the life without bitcoins although there were still some other coins if bitcoin can still run out and extinct.

[faceoff97]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million mark will happen in the next long years maybe or expected to be on 2100, that time, bitcoin value is really high because of limited supply. It is not also true that its going to be hard mining because even you get small volume it has still he same value as now. Its just that the value increased which it makes harder to get big volume of bitcoin. During that time, there will no rewards be available and transaction fee will increase. But I think nothing will change in that time, its just that prople will get little digits of bitcoin but still has rhe proportional valur to current status.

[Wesimon]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think there no need to overthink about this, 21 million mark will happen in a very long year. Rewards will no longer exist once Bitcoin it maximum supply. In the coming years as Supply becomes limited the rewards will also become lesser, but on the other hand, because the supply becomes the limited the value will increase in price. This only means that even there will be lesser reward be given it has still same value as what is given now. Once reward does not exist anymore, the only way to get profit I through transaction fee, thus there will also increase in the price of transaction fee.

Actually there is nothing to worry reaching that point, that might happen we got lost. In fact that might possibly happen in 2100. Before the 2020 ends, the bitcoin supply will hit 18 million mark. We could also expect increase in value and at the same time increase in fees.

[bololord]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Based on my rsearch that bitcoin is only 21 million and in 2015 a total of 15million will already mined so we expect that if bitcoin reach the 21 million the demand is high and the value is totally increasing so don't worry about that keep earning.

[Pleione527]

If the maximum supply of bitcoin will be all out in the circulation the only way to acquire some is by buying to other holder which will surely affects the price of bitcoin if ever many wants to have bitcoin surely the value will increase, this maybe good to some holder so they can sell their coins with a high profit and become available again in the market otherwise developers need to divert the bitcoin market and offers other crypto currencies or also known as alternative coins

[Casdinyard]

Unless there is a change in protocol, there won't be anymore bitcoins made.

Miners would rely on transaction fees to continue operating, its not sure yet if that would be sufficient but most likely, yes.
The price of bitcoin, well, it could and would still continue to increase. There is about a million bitcoins saved by the founder itself for this case where there is a great increase in demand.

It's the miners who will not be getting anymore bitcoins but since they are needed to confirm transaction,  that's the only way that they are going to make money. But with the value of bitcoins how it rise will depend on the demand of the people.

And with this, little by little miners didn't have get enough earning with just confirming transactions than in the reward they're getting in mining so they're shifting to other stuff that more profitable to them and as the result we have slow confirmation yet we pay for higher fees.
The sooner we approach in maximum supply the more we can expect that the price will be more precious than ever so just keep accumulating and holding.

[katinko]

For sure the transction fees would be more expensive and not all of us wanting that because the demand will surely increasing because more investors continue to invest in expensive coin like bitcoin. But i do not think it will happen i beleived in bitcoin that it will last forever.

[777Bitcoin]

Some other replies has a good point, the transaction fees might go up at that time is that really matters. Bitcoin is about 7400$ this week then what more it will be if the 21million will be reached. If I do have 1bitcoin at that time then I can make my own prices two times higher than in a market. Because those who badly needed one will have no choice.

[michellee]

i think the price will be increase too high and only few people that can buy a whole 1 bitcoin and people like us is only trying to increase our amount with many ways. I think when the supply limit is reach, there will be many people join into bitcoin world and they will trying to buy and sell the bitcoin even if the price is too expensive for them to buy. but this will be happen for a long time and we don't know if we are still alive or not and maybe only our grand children will see this.

[Yamifoud]

Some other replies has a good point, the transaction fees might go up at that time is that really matters. Bitcoin is about 7400$ this week then what more it will be if the 21million will be reached. If I do have 1bitcoin at that time then I can make my own prices two times higher than in a market. Because those who badly needed one will have no choice.

Reaching that time, possible of having huge modifications and hardfork happens. Even though mined bitcoins is far from 21 million but the price of each coins is expensive, how much more if it is only a single steep left to reach? Possible it could  be more expensive on that time. And usually fees will vary also to its price of bitcoin.

[Akash1243]

When the bitcoins will reach 21 million bitcoin supply limit then miners would have to only rely on the transactions fees therefore transactions fees are going to be expensive and price of bitcoins would also increase like anything as there would be more demand of bitcoin due to its limit.And i don't think so that more Bitcoins would be added.And till now almost 16 million has been mined and it is going to be harder to mine as the limit closes in.

[sofi@]

If the supply of bitcoin will reach its limit surely the value of bitcoin will rise but the problem is that when the price continue to increase investors will hold their bitcoin until such time they can sell them with a very high profit but that may took a long period of keeping which may result to out of stock in the market or no bitcoin will go on the circulation with this the only way is to develop another coin that could possibly divert the market and can be use to sustain the increasing market demand for bitcoin.

[chimcoin]

if the supply of a commodity fall the demand of such commodity will rise (the law of demand and supply will play out here).Now if bitcoin has a limit of 21million to be mined and it has reached 79% then the demand will increase and investors will hold on to their bitcion leading to more scarcity of bicoin.I think this situation will definitely pave the way for other coins to pump up.

[salihno71]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.

[lighpulsar07]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Well the block rewards will be halved for every 4 years this will continue until last bitcoin were mined currently the block reward is 12.5 btc and this will halved again to 2020 again and again for every 4 years but after all the rewards had been distributed and the last bitcoin were mined the miners will only rely on transaction fees so, in my own opinion the transaction fees will a lot higher than the current transaction fees because there will no block reward will compensate for the miner and also, the block difficulty will be high in that time.

[777Bitcoin]

Some other replies has a good point, the transaction fees might go up at that time is that really matters. Bitcoin is about 7400$ this week then what more it will be if the 21million will be reached. If I do have 1bitcoin at that time then I can make my own prices two times higher than in a market. Because those who badly needed one will have no choice.

Reaching that time, possible of having huge modifications and hardfork happens. Even though mined bitcoins is far from 21 million but the price of each coins is expensive, how much more if it is only a single steep left to reach? Possible it could  be more expensive on that time. And usually fees will vary also to its price of bitcoin.

Yup I agree that most might go desperately to do forking to make something different and hoping they would minimise or decrease bitcoin prices but the data from previous hard fork like bitcoin cash and bitcoin gold speak differently. Bitcoin price always on increasing position everytime there is a hradfork and that will be the trend even on that time.

[Quidat]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Dont stress out yourself because the last bitcoin would be mined on year 2100+ which means we are already dead on that time for sure if we can still able to live on those years then we are already too old to mind this matter but to answer you if adoption will continue to rise which would lead up on higher demand then expect prices would really soar up high too but the main problem here is on the fees and the confirmation traffic will really be a big hindrance.

[Gloiri]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.

I heard a documentation saying that its reached by 2040. My friends are saying that bitcoin will go to zero after it has received his supply limit. I think the price will be expensive.

Many people will hold it because it will be very difficult to obtain bitcoins.

[katiecbell]

There are two different ways you can code a cryptocurrency coin. First of all, it can have a fixed end such as Bitcoin. This is when a final number of Bitcoins are mined and then there is no more reward upon completing blocks. However, on the other hand some cryptos will never be fully mined, only splitting into smaller and smaller portions over time, with some always remaining to be mined.

Agreed! There is no reason to deny this fact that the demand of crypto currencies is increasing with each passing day especially when we talk about bitcoin. It is because of the reason that with each passing day, more people are getting to know about bitcoin and all other crypto currencies. With increase in demand, the supply of bitcoin will also be increased. Mining is the best possible way to have more crypto coins.

[krigger]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.

I heard a documentation saying that its reached by 2040. My friends are saying that bitcoin will go to zero after it has received his supply limit. I think the price will be expensive.

Many people will hold it because it will be very difficult to obtain bitcoins.

You are literally just talking crap without knowing what you are even talking about.

The earliest estimations for when the final Bitcoin would be mined is in the early 2100's and most estimates put it sometimes between 2120-2150. Of course, it all depends on the amount of hash power and mining done. If governments and large corporations put more than was expected, it could be done sooner, but 2040 would be absolutely preposterous, not to mention BTC will never go to zero. There would always be someone who wants to buy it.

[ruletheworld]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.

I heard a documentation saying that its reached by 2040. My friends are saying that bitcoin will go to zero after it has received his supply limit. I think the price will be expensive.

Many people will hold it because it will be very difficult to obtain bitcoins.

You are literally just talking crap without knowing what you are even talking about.

The earliest estimations for when the final Bitcoin would be mined is in the early 2100's and most estimates put it sometimes between 2120-2150. Of course, it all depends on the amount of hash power and mining done. If governments and large corporations put more than was expected, it could be done sooner, but 2040 would be absolutely preposterous, not to mention BTC will never go to zero. There would always be someone who wants to buy it.

You're right, but small caveat - the reaching of the goal of 2140 isn't dependent on the total hashpower because difficulty adjusts every 1440 blocks. Instead, it depends on how the increase took place, and whether there was any decrease in hashpower, and how the decrease took place. It's a bit more complex than total hash power is all I am trying to say.

[filharvey]

Miners get bitcoin as reward for mining operations and transaction fee as bonus.When all the 21 million bitcoins get mined,then miners would be getting only transaction fee and no bitcoin.So,the transaction fee would e very high.Otherwise,miners would not show any interest in mining operations which consumes huge electricity.But we should also note that bitcoin price would also be very high at that time.

[KorakPawon]

actually there is no problem when bitcoin is really exhausted, there are many currencies similar to bitcoin, although the value of the price is still superior but other currencies also can still offset the bitcoin price someday. and if we already have a lot of bitcoin, we can change it to another electronics currency, or can be said to move to another wallet, just keep in mind if bitcoin is almost a bit then the price will be more expensive. but we also do not know whether the bitcoin quotas will increase or not, what if the bitcoin quota will increase.

[Rustamm]

When all 21 million bitcoins are mined, I think that nothing significant will happen. It is unlikely that after this will significantly increase in price. By this time, it will already be a decent price, and if it does not have some exceptional functions by then, people will not buy it too much. What is the point of doing this, if we already have a lot of good crypto-currencies with qualities much greater than bitcoin and at the same time very low in price?
In addition, it should be borne in mind that the high cost of bitcoin will mean a high risk of investing, because given the high volatility of bitcoin, there will be a high risk of its depreciation due to negative information and the consequent panic of investors.

[malikusama]

When demand is high and quantity or supply is fixed then the price will start climbing gradually to the sky and it will kept on increasing to attain a stable value(volatility will decrease), but when we will going to achieve that stable value no one knows.
Many of us have a misconception that it will be end of bitcoin but in fact bitcoin will become more precious digital asset than it is now.

[IndzheborgC]

At some point, probably around 2140, the last bitcoin will be produced, but this does not mean that the network will collapse. In addition to premiums for calculating hashes, the miners receive transaction processing fees. Now these fees are small, on the order of a percentage share, but as the fee for calculating new units decreases, the amount of the transaction processing commission is likely to grow - together with the cost of bitcoin.

[ninio]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

It will actually more expensive before the supply of bitcoin be reach thats the functin of being decentralized of bitcoin and other altcoin everytime that it will decrease the supply the value will be move higher to prevent the stock of supply so in my opinion its not possible to reach the stock of bitcoin in just mining.

[gambitcoin53]

first of all, it is impossible to reach the limit of bitcoin supply, do you mean all the supply of bitcoin is already bought by users? even it only reaches half of the supply, the price will certainly very expensive as the supply decreases, no one could afford to buy the other remaining half of the supply, so definitely, it will not reach the limit. these changes in supply and demand creates traffic we called trend, that dictates the current price of bitcoin, even the slightest increase in supply will drastically creates panics from the holders, it is on a regular basis, so no chance of reaching the limit you've mentioned.

[btcprospecter]

The time before 21 million bitcoin mined is a long time away. And even when it is all mined miners will still earn with transaction fees. What will happen with the value is anyone's guess.

[julius caesar]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

that's too possible to happen, the more that the supply decrese the more the Bitcoin being expensive, a marketing strategy in which if you really want something then get it using a higher amount of money, the more that it was lessen the harder for us to get income, onxe you stip and be confident you didn't know someone is stealing the opportunity that should be count unto you, betger to work harder.

[Fuhre]

hmm ,,, in my opinion, if in likened, Bitcoin is like gold in the real world, and like valuables, Bitcoin can not be created just like that.
as far as i know, there are some impacts when global Bitcoin supply reaches its limit.
first, the impact on prices that is, Bitcoin has seen a very sharp price increase in just the last few months, as late as 2017, the price exploded so quickly and fantastically, Although no one is entirely sure how this Bitcoin will continue to spread into the world with a much larger price, it seems that a limited supply of currency may cause prices to continue rising to the next levels.
second, the impact on the miner itself is actually two arguments about what will happen to the miner, that is,
Some say that miners will be forced away from the rewards they receive for their work once Bitcoin's supply has reached 21 million. in my opinion, this argument assumes that transaction costs alone will not be enough to keep Bitcoin miners financially dissolved once the mining process is complete.

# there is reason to believe that transaction costs and mining costs will actually increase in the future. So we can imagine it is not difficult that the mining chip will be small and very efficient. and furthermore, transaction costs may increase, and this can also help miners to stay in the world of cryptocurrency.

[Ridwan Fauzi]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D

Bitcoin will always be profitable, with the benefits that miners get before bitcoin prices and mining equipment are so expensive that they have gained a lot of money. So they will never stop mining even though bitcoin mining is difficult, they will find a gap to mine back.

Yes, if the miners are in trouble and the costs incurred to mine are very expensive then the price of transaction fee will be high too. But if this happens bitcoin will be mined so the price of bitcoin will soar, because the demand for bitcoin is very high. If high prices and high transaction fees I think it will not be a problem, investors and miners will benefit. But the problem is when bitcoin mining is very difficult and requires substantial capital, but in the bitcoin price market is weak, this will make a loss.

[Max.junior1]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think it depends on the demand, if bitcoin is depleted mined from the total supply but there is little demand from society, then the value will remain (not up). So, it all depends on the conditions of demand and supply.

[Harleybtc01]

That is really promising if we reach the 21 million of bitcoin supply limit. If that would happen I am very sure that its price will be so expensive, as we know the demand and supply of bitcoin the more demand the higher its price will be. Therefore, many people would be more interesting to have it, so if you are a holder now it would be an advantage to you because you can sell it with a very high price value and will have a big profit.

[concept2]

I think that bitcoin will have the stable price or maybe we will die before bitcoin even reach 21 millions. Its hard to predict what will happen because it will occur around the 2100s which means only some of us can still alive. well, only our children can witness this event

[PsylockReborn]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

That's the time that there will be no mining of bitcoins that can ever happened and the value of bitcoin will surely skyrocket. Lucky are those who hodl lots of BTCs while the price is so low and wait for that moment when acquiring bitcoin is already impossible due to its scarcity and mining difficulty. With regards to the transaction fees I strongly believe that it would be so expensive cos every fee is worth alot of money due to the value of BTC and since miners will never receive rewards then tx fees will skyrocket as well. When this happens the purpose of bitcoin will no longer be realized as a currency but merely a store of value.

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I think it depends on the demand, if bitcoin is depleted mined from the total supply but there is little demand from society, then the value will remain (not up). So, it all depends on the conditions of demand and supply.

I agree with you on this (The law of supply and demand) but as what we can see now, bitcoin is still number 1 and there are still lots of newcomers to cryptoworld trying to acquire more btc as they want over time. So when we talk about the demand I strongly believe that the demand for bitcoin given the fact that its the best store of value when it comes to digital assets will still increase because as far as we know the higher the difficult mining bitcoin the higher its value.

[daarul50]

When supply is thinned, demand is not proportional to supply and maybe bitcoin prices will be higher. Transaction costs measured by bitcoin may be smaller than when bitcoin prices are still cheap. The higher the bitcoin price the smaller the transaction cost.

[btc78]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

well, we all know that btc is a deflation coin. So, what happen to the price is pretty clear.

The good question is: why i have to mine if i can't have any btc as reward? you say right: transaction!

And the solution to not make transaction really expensive is to put more and more of in in every single block.

That made me think,what is the sense of mining when all the bitcoin has been mined already..or maybe they will transfer to altcoins?i dont know whats better to do right now?gather all that you can have until this time comes..but as far as i know the more the bitcoin has been mined the lower the reward miners get.so it means this can be long for another 10-50 years to mine all the bitcoins

[mackenzie5]

The bitcoins total mining limit is 21 million and after attaining the above  limit What is next that is what every bodies question about the market and the bitcoin .The answer is so simple that once the supply to the market is stopped what will happen to the market. according to the market theory the demand will increase so ultimately the price will be increasing. The entire mining process will be stopped and its price can be hiked.

[jinxing]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

in my opinion, yes. because with the reduced supply, the miner will decrease. and will cause the high price of the coin. we will not know when it will happen. but from now we start preparing it. and most likely the miner will switch to altcoin.

[NewRanger]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

in my opinion, yes. because with the reduced supply, the miner will decrease. and will cause the high price of the coin. we will not know when it will happen. but from now we start preparing it. and most likely the miner will switch to altcoin.

one thing for sure is the bitcoin price will be more expensive. circulating coins in the market will be increasingly rare. and this will people are reluctant to sell their bitcoin. except at a very expensive price.

[Name: Claudio]

I think BTC will now be regulated for holders not to over price their coins,  as some coin will catch up soon, not totally equal price with Bitcoin but their progress will be fast and big since the main coin of all is now on its glory.

And of course before the bitcoin reach its limit mining will be hard, and will takes time to gain some points.

[craZyLovE0916]

We really can't say for sure what will happen when the entire supply of 21 million runs out but using the law of supply and demand if supply ends and demands continues steadily or at a higher pace then that will mean that there will be an increase in price and value of bitcoin but I have seen some compelling arguments about the price crashing when supply runs out because there will no longer be miners to confirm transactions.

[craZyLovE0916]

We really can't say for sure what will happen when the entire supply of 21 million runs out but using the law of supply and demand if supply ends and demands continues steadily or at a higher pace then that will mean that there will be an increase in price and value of bitcoin but I have seen some compelling arguments about the price crashing when supply runs out because there will no longer be miners to confirm transactions.

[Morkhart]

When all bitcoins are mined, the price will be huge. So, now it's time to buy bitcoin. When the last bitcoin is mined, all bitcoin holders will be very rich. I at least believe that.

[Spaffin]

If only one bitcoin existed from all the digital coins, then perhaps it would be so. After all 21 million bitcoins were mined, it could have grown in price because of the restriction of its supply in the market. However, even now there are a lot of good coins on the market with much better characteristics than bitcoins. It is unlikely that such a huge demand will be at bitcoin if at the same time there are a lot of crypto-currencies with a low price and no less promising ones.

[Bitcoincole]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

in my opinion, yes. because with the reduced supply, the miner will decrease. and will cause the high price of the coin. we will not know when it will happen. but from now we start preparing it. and most likely the miner will switch to altcoin.

one thing for sure is the bitcoin price will be more expensive. circulating coins in the market will be increasingly rare. and this will people are reluctant to sell their bitcoin. except at a very expensive price.

Circumstances will be like that, people will not sell reluctantly due to high price value that would circulates the markets. Otherwise they will shift to altcoin because altcoin is also be expensive once the bitcoin is rising, so it would be gratefull that you have both coins are holdings.

[Shenzou]

Well i don't think much will happens when we reach the 21 million supply mined, other than the price will start going up like crazy, everything will pretty much still stay the same, bitcoin does not go anywhere it stays in the network it just circulates it, probably the fact that it will reach that limit people will start holding it even more which will drive its price to some high prices for sure.

[el kaka22]

When all 21 million bitcoins are mined, I think that nothing significant will happen. It is unlikely that after this will significantly increase in price. By this time, it will already be a decent price, and if it does not have some exceptional functions by then, people will not buy it too much. What is the point of doing this, if we already have a lot of good crypto-currencies with qualities much greater than bitcoin and at the same time very low in price?
In addition, it should be borne in mind that the high cost of bitcoin will mean a high risk of investing, because given the high volatility of bitcoin, there will be a high risk of its depreciation due to negative information and the consequent panic of investors.

FUD is normal but that does not have anything to do with the supply limit. In this case, the only thing that would be affected is the incentive that is being given to the miners and in that case, the only thing left for miners is going to be the transaction fees.
High volatility is normal when you have a speculative asset, but as things change, bitcoin gets more adopted as currency, then we should not be experiencing much of that volatility in the long run.

I do not even think we should be worried about what is going to happen by then since a lot of us would have ceased to exist if not all of us. A lot of thing may still have changed by then and no one knows but in the real sense as things are presently, this is what would be expected and I believe even when this time comes, the demand for bitcoin would have really increased hugely than we can imagine that the value would have been crazily huge and maybe we would have started talking in satoshis by then than bitcoin.

[justin86]

Nothing is going to happen and you will probably not be able to see it not because of that you will not be alive but bitcoin will not reach 21M supply 

[Tang lancip]

In my opinion, the maximum number of bitcoin in circulation is 21 Millions. Each bitcoin can be divided by 8 decimal places, meaning that each bitcoin can be divided into 100,000,000 pieces. Each bitcoin unit, or 0.000000001 bitcoin, is called satoshi.
When the number of 21 million bitcoins will be achieved, it is likely to affect the rise in bitcoin prices.

[green_fish]

After the BTC has been fully excavated, the BTC investors still need to deal with each other, and the miners are required to mine the mine to ensure the normal operation of the whole BTC system!

The price of BTC will rise, and the transaction fee will be increased accordingly!

The miners continue their work!

[darewaller]

actually there is no problem when bitcoin is really exhausted, there are many currencies similar to bitcoin, although the value of the price is still superior but other currencies also can still offset the bitcoin price someday. and if we already have a lot of bitcoin, we can change it to another electronics currency, or can be said to move to another wallet, just keep in mind if bitcoin is almost a bit then the price will be more expensive. but we also do not know whether the bitcoin quotas will increase or not, what if the bitcoin quota will increase.

What are you changing to another currency ? It seems you do not understand the idea of deflation or what the Op was really asking. Once we reach the 21million supply, that is what is going to be in circulation, but we also have to consider the lost ones, so we should expect to see less in circulation. However, once all the bitcoin has been mined, we will get to see value playing out for bitcoin and this would depend on real usage as currency. However, in the real sense, nothing happens.

[davinchi]

When demand is high and quantity or supply is fixed then the price will start climbing gradually to the sky and it will kept on increasing to attain a stable value(volatility will decrease), but when we will going to achieve that stable value no one knows.
Many of us have a misconception that it will be end of bitcoin but in fact bitcoin will become more precious digital asset than it is now.

That is the point and that is what most people are not getting. Bitcoin is deflationary and once there is a real and huge demand for it, we would keep seeing the side where deflation surpasses inflation. In that case, when we have people using bitcoin for what it exactly is and when the supply has been fully mined, which is still a very long time and most of us would have been long gone by then, but in this case, there would have been a huge increase in demand and in value.

[masterchief001]

The total number of bitcoins available is only 21 million bitcoins. Bitcoin also falls into a certain scarcity. When we reach the BTC limit we can not dig a bitcoin for free. Particularly bitcoin prices will peak.

[RAMZA]

It seems to me that bitcoin can switch to POS mining, as ETH wants. POW will no longer be relevant and too energy-consuming.

[BillCoin]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 million should be reached in 2140. By then many things will be incomprehensibly different from todayso it's practically impossible to predict. Just imagine someone in 1880 trying to predict what will happen in 2030... Unless there is some groundbreaking invention which will enable people to live +200 years, you and all of us will be long gone by then.

I heard a documentation saying that its reached by 2040. My friends are saying that bitcoin will go to zero after it has received his supply limit. I think the price will be expensive.

Many people will hold it because it will be very difficult to obtain bitcoins.

You are literally just talking crap without knowing what you are even talking about.

The earliest estimations for when the final Bitcoin would be mined is in the early 2100's and most estimates put it sometimes between 2120-2150. Of course, it all depends on the amount of hash power and mining done. If governments and large corporations put more than was expected, it could be done sooner, but 2040 would be absolutely preposterous, not to mention BTC will never go to zero. There would always be someone who wants to buy it.

Probably we won't be alive to see that, the only scenario BTC will go to zero is if a fork happens and the winning chain will be the forked chain.
Anyway this 21M coins limit shouldn't fear users as it can be changed with enough consensus, I think it shouldn't be so hard.

By that time we are going to have a large amount of transactions going so the fees are going to be enough to cover the mining costs, it's too far to think about it but we should be okay considering the uptrend in the cryptocurrency users.

[klasik1980]

Nothing. Life will continue as normal. At any rate, this isn't something that anyone need be concerned with during this century, as the last Bitcoin in existence will be mined in the year 2140, when both we, and our children, will have already ceased to exist. As for mining, I suppose all of it will be done exclusively for transaction fees.

[hibiscus]

When we reached the 21 million, supply limit for bitcoin production is put to an end. During the time its market price might be flourished to unpredictable  level.Here we apply the simple market theory  when ever the supply is limited its demand will increase and hence price can go up.It will precisely clear that to locate the position of bitcoin .In such situation bitcoin will be one of the most valuable currency in the world and can be used for the day to day requirement of humanity form top to bottom

[Dudeperfect]

Well, in that case the law of demand will take place and since the supply will be limited along with increase in the demand, the price will increase and miners will no longer have to rely on mining to pay their bills, over the time we will see the improved efficiency in the network and we will be able to confirm transaction even with a cheaper fees as compared to that of now. Miners will still earn a good money because they will be processing a high number of transactions even if the fees are low. There would be the case of low cost, high volume.

[FlightyPouch]

Nothing is going to happen and you will probably not be able to see it not because of that you will not be alive but bitcoin will not reach 21M supply 

Bitcoin has a 21 million supply so we know it will reach there the thing is that it can reach the 21 million supply but the circulating Bitcoin in the network will be obviously less than 21 million since there are a lot of Bitcoin that is lost from hard drives being broken and private keys being lost.

I guess what I am expecting in the future, I know I am dead that time but I just hope the transaction fee in that time is cheap since the Bitcoin miners has no way to earn a profit, I think I see them having the main profit at those fees.

[trako]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

[Wayan_Pedjeng]

Do we really need to bother about it? That day is more than 100 years from now. I am not even sure whether the human race will survive for that far.. Perhaps we should concentrate on the next 5-10 years proceedings?

[rimueng agam]

If for example bitcoin supply is exhausted or has reached 21 million then bitcoin prices will soar so many people who sell it so bitcoin supply back increased, so the market system if the supply is higher than the demand then the price will go down and vice versa.

[budz0425]

If for example bitcoin supply is exhausted or has reached 21 million then bitcoin prices will soar so many people who sell it so bitcoin supply back increased, so the market system if the supply is higher than the demand then the price will go down and vice versa.

Bitcoin will still exist although we already reach the 21 million supply, for sure that time the value could be a million dollar worth already, we don't really know how much cost it could be because it will take a decade before it will happen and we are already not existing in this world that time.

[Rustamm]

I think that nothing significant will happen if we reach the limit of extraction of bitcoin in 21 million pieces. Also, the very ratio between supply and demand will be unstable, just as its cost will be influenced by various noaostnye factors. In addition, I think that the amplitude of price fluctuations with the increase in the price of bitcoin will only increase. People will be afraid to lose their bitcoins and will constantly monitor news that may affect its price. With each negative information, some people will sell their bitcoins and this will lower its cost. Sometimes this can provoke panic and then the price of bitcoin can drop substantially.

[Ridwan Fauzi]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

I think it will stay the same as the market now the market will not be stable and the volatility price still there. Market prices will remain influenced by regulation and speculation.

But maybe the different is the bitcoin price, will be higher than now. Many investors will buy and hold bitcoins before they are finished in the mines.

[DJCanh]

Will develop a new part of BTC, which less then 1 Satoshi)

[michellee]

I really don't know what will happen about this because it's too far from my imagination and I don't think that is a simple question and only need a simple answer. maybe only satoshi itself that can answer and we are only giving prediction answer without knowing the true answer. for me, I think it is better that we collect more bitcoin from now on so we make sure that when the supply limit is almost reached, we have much of bitcoin and we are ready to sell it if the price increases higher.

[fauzan Ichsan]

Do we really need to bother about it? That day is more than 100 years from now. I am not even sure whether the human race will survive for that far.. Perhaps we should concentrate on the next 5-10 years proceedings?

as long as there is still a chance, we use as well. this time that i think just looking for a lot of bitcoin, so that later can be free financially. with financial freedom, will be able to ensure our life in the old age for better

[GangNamSK]

I really don't know what will happen about this because it's too far from my imagination and I don't think that is a simple question and only need a simple answer. maybe only satoshi itself that can answer and we are only giving prediction answer without knowing the true answer. for me, I think it is better that we collect more bitcoin from now on so we make sure that when the supply limit is almost reached, we have much of bitcoin and we are ready to sell it if the price increases higher.

Exactly. A very difficult question, difficult to answer.
Perhaps only Satoshi can answer and we only give the predicted answer without knowing the real answer.
The simple thing we need to do is build a useful user community and help people in need. Especially to earn more BTC to create a variety of income sources and other markets.
That's what we need to do.

[maculeth]

according to supply and demands law, the price will be more expensive. because when bitcoin reaches the supply limit, it can be categorized as a rare asset, and prices can be very expensive. unless there is a recover supply.

[Shamie1002]

When all the 21 million Bitcoins are mined and put into the circulation, prices would proportionally go up and with relationship to the adaption too.
As of now, we know that some countries are still not accepting bitcoins, yet we do not know if  there are people already who holds some cryptos with them. If we would think that they do not have any. There will be a great chance that 50k USD is not the highest price per bitcoin. Everything will be so expensive when every coin is being distributed.

[wahyu wida]

When all the 21 million Bitcoins are mined and put into the circulation, prices would proportionally go up and with relationship to the adaption too.
As of now, we know that some countries are still not accepting bitcoins, yet we do not know if  there are people already who holds some cryptos with them. If we would think that they do not have any. There will be a great chance that 50k USD is not the highest price per bitcoin. Everything will be so expensive when every coin is being distributed.

with increasingly limit reserves and exit to the market, then logically prices will soar, we can imagine, if many governments are legalize it, then more and more will need bitcoin with various purposes

[CryptoSifus]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Not that any of us will be around to see that, but here's what I think...
If bitcoin continues as a POW coin on a decentralized network, the miners will need to charge transaction fees to cover their cost + profit.
The more difficult it becomes to mine a bitcoin and the fewer rewards that are earned for doing so will increase the cost exponentially.
Ultimately things can only go up from here providing the market continues to adopt BTC and the demand is still there.
If it fails (which is possible), due to cost and market effect, then another crypto better equipped to scale will slip in to takes its place as the king of crypto.
Nothing can stop crypto now. BTC is the best example of a truly decentralized network. The future is bright for anyone who is awake to see it now!

[MeganJenkins1212]

Because the number of bitcoins is limited, I'm sure one thing is that the value of bitcoin will increase sharply in the long run, which can be dramatically reduced.

[AliciaAndrews12]

It seems that the individual group most affected by the Bitcoin supply limitation will be the Bitcoin Digging System. It is thought that Bitcoin diggers will not receive a reward after Bitcoin has reached $ 21 million and will only be awarded a transaction fee to maintain operations leading to a decrease in the number of operators in the network. Due to the financial impact negatively affecting the Bitcoin system. Looking forward to a few decades, it is not hard to imagine that the processor chips will become smaller, more powerful and highly specialized dedicated hardware. This will reduce the burden on the operator. Moreover, transaction fees can be increased to reward for increased transaction processing that may help keep the operator afloat.

[Sobocirevo]

Do we really need to bother about it? That day is more than 100 years from now. I am not even sure whether the human race will survive for that far.. Perhaps we should concentrate on the next 5-10 years proceedings?

After the 21 million BTC supply limit is reached, I think the price will stabilize, meaning that the increase or decrease is not so big, because there are no more miners and people who want to have bitcoin must buy from the BTC market. Hunting for bitcoin is not attractive, because everything is available on the market. Speculators do not want to invest, because there is no element of surprise.

[GregH37]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

[Rustamm]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

If are mined all 21 million bitcoins, nothing much will happen. However, it should be borne in mind that by 2140 a lot will change. Bitcoin is unlikely, if it lasts until that time, it will be the same as now. This will be a completely different bitcoin. By this time, the technology will go far ahead and the cryptocurrency will change dramatically, and maybe it will even be replaced by something more advanced. Moreover, we will not know this all the same.

[Kusnechik]

Developers, in any case, will need to think hard so that the transaction price for ordinary users does not increase.

[bitcoinveda]

as the bitcoins mined near to 21 million the price of bitcoin will reach an all-time high price may be more than a half a million dollars possible and mining difficulty to increase in between

[spongegar]

I think the closer we go to the supply limit of Bitcoin, the harder mining it could be. The price for mining Bitcoin too increases as we get closer and closer to the Bitcoin limit. I think people will jist focus on trading Bitcoin rather than mining it or even improving projects to we can have a definite use for Bitcoin.

[batang_bitcoin]

Developers, in any case, will need to think hard so that the transaction price for ordinary users does not increase.

There's already one that will make transactions faster and will cost lesser fees.

Lightning Network

as the bitcoins mined near to 21 million the price of bitcoin will reach an all-time high price may be more than a half a million dollars possible and mining difficulty to increase in between

That's possible but reaching the total supply limit is around 100 years from now. As halving comes it will increase the difficulty for miners and like the past effect of it, this can lead the price to go up. And when each year that passes by, users are increasing so that will effect to increase the demand and there's no need to wait for that time until it reaches the total supply limit.

[tonyja2017]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I dont think its price will increase or it will affect much on price. Simply because the total supply will never be lost. It only flows from one person to another and it is not something rare. We still have to use it for everyday transactions and payments. So it never happens that its price will rise.

[h0lybyte]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Infact, there are many changes going to happen. I have no guess about transaction fee in future  but the current circulation of bitcoin is nearly 18 mllion, once all 21 million bitcoins limit reaches, the price will obviously go high as people will be interested to sell less and buy more.
Thus it is time for everyone to store as much as you can before the price goes 5x

[amaydel]

I think there will be a stable price of bitcoin and the rest of the cryptos too because as what i have observed, alternate coins are dependent on bitcoin's price due to their pairing that's the reason why their price are dragged up or down depending on bitcoin's price.

[squog]

I think people will just focus on trading their crypto currency since, like you said, mining will be more expensive than the Bitcoin you'll actually mine. I also hooe that by the time we rea h the 21 million mark, that we can see a huge stabilization of price of bitcoin so it could be adopted in the near future.

[hatsoff2btc]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

The limit is not actually approaching because a lot of us here today would have been long gone when the last bitcoin will be mined but for real, as we are getting closer, the chances of seeing the bitcoin market soaring higher is most definitely there.

Talking about the halving that would be occurring in the next few years, I can imagine this is something we would get to see bring about some huge spike in prices and then in the long run, we would get to see the price of the market going far from where we are now. What makes bitcoin what it is as well as every other cryptocurrency is the limit and for bitcoin this would speak for its growth and value, not to even talk about the ones that are lost.

[Nellayar]

Because of the scarcity of bitcoin, it is easily and fastly to grow up. The demand and supply affects the price of bitcoin. Now, we will experience a hike when the total supply of btc will be mined. However, it takes more years before the last bitcoin supply circulate in our economy. So, don't worry about it.

[boyz97]

as the bitcoins mined near to 21 million the price of bitcoin will reach an all-time high price may be more than a half a million dollars possible and mining difficulty to increase in between

this is the simple thing could happen when all bitcoin supply mined.and people become difficult to get bitcoin and it would be rare in market.

[Idrisu]

Something beautiful is going to happen if all bitcoin are mine. It will become hard to get it and the price will pump up to the level that we did not expect.  Many are saying that bitcoin is going to hit $100,000 and some said it is going as high as $500,000 , I believe that this will happen when all bitcoin are mine.

[BlueStackz]

I think there will be a stable price of bitcoin and the rest of the cryptos too because as what i have observed, alternate coins are dependent on bitcoin's price due to their pairing that's the reason why their price are dragged up or down depending on bitcoin's price.

Before we would even get to see any stable price for bitcoin, I am sure we would have gotten to some pretty huge level of mass adoption and possibly the mainstream would have kicked in but certainly, we are not even close at all.

The thing is that as we keep moving on, block reward are being reduced and that is what the upcoming halving is all about and in this kind of things, the difficulty will increase, and most definitely we will get to see a huge growth in the value of bitcoin within this period, so one way or the other, as we keep approaching the supply limit, we are most definitely growing at the same time with it.

[PlusOne88]

It could be possible that if it is really mined to the last bit of coin, the prices may just be soaring high as we all know it is affected by the complexity of calculating it and the more power used during the computation. Yet as the technology progresses it may as well be limited to a specific value so as to be able to give the right price for each coin. If it would happen that the coins will all be mined, the possibility of selling some of the coins by holders is really high as the prices will reach its limit or peak.

[DRVX]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

Yes, when it happens, the price of Bitcoin is supposed to go to the Moon, maybe to the Sun even. I mean that one BTC will cost really a lot. That is why the wisest guys try to invest in the crypto so much.

[omonuyak]

Developers, in any case, will need to think hard so that the transaction price for ordinary users does not increase.

Transactions fees is definitely going to increase and that will in turn going to affect bitcoin.  On a lighter note it will be more of positivity and it will become the highest demands as many people will like to hold some units of it.  When all bitcoin is mind I believe that miners will still have work to do as there have to be around to confirm transactions.  Traders are going to benefit as what will determine the price will be the forces of demands and supplies.

[gentlemand]

By the time the final coin is mined, though of course it'll be significant, primarily it'll be academic. Coin emission will have been so low for so long that it will be an incredibly long taper that will have figured out how to keep mining. Will anyone care if 0.00210000 arrives rather than 0.00420000 every ten minutes?

Dunno. But we'll all be too dead to know. Anyone reading this in 2140 - big kiss from me.

[Akoldi_ibk]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

When the total supply is fully mined, I think buying or trading will be the only way to acquire bitcoin which will definitely influence its value and probably create more stability.

However, while giving your question a thought, another question popped up from my mind; will all these mining farms seize to exist when the total supply is fully mined since nothing will be left to mine?

[Osayo]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.

[ErmaburR]

I think people will just focus on trading their crypto currency since, like you said, mining will be more expensive than the Bitcoin you'll actually mine. I also hooe that by the time we rea h the 21 million mark, that we can see a huge stabilization of price of bitcoin so it could be adopted in the near future.

When the limit comes of bitcoin mining and no more mining, the price will go higher and higher because if the demand increases and there are no bitcoin available in the market, the price will definitely increase. When more and more companies and shopping malls accept bitcoin as their payments, the use of bitcoin will increase and so the demand and so the price.

[Arsedunn]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

The limit is not actually approaching because a lot of us here today would have been long gone when the last bitcoin will be mined but for real, as we are getting closer, the chances of seeing the bitcoin market soaring higher is most definitely there.

Talking about the halving that would be occurring in the next few years, I can imagine this is something we would get to see bring about some huge spike in prices and then in the long run, we would get to see the price of the market going far from where we are now. What makes bitcoin what it is as well as every other cryptocurrency is the limit and for bitcoin this would speak for its growth and value, not to even talk about the ones that are lost.

Who fixed that total supply of bitcoin? I don’t believe it because if we want to use bitcoin like our local currency and also want other currencies to be disappear from the market, then everyone will need cryptocurrency and when there is no bitcoin in the market what will he do? Therefore I think that in the future when controllers realize more demand for bitcoin, they will allow more mining.

[shiming]

When the BTC is completely excavated. At that time, I didn't know the price of BTC. But at the time, there were no mining incentives. It is estimated that mining incentives are commissions. The market has a big change. Look at the situation that was recognized at that time.

[Lind]

it becomes a more stableI think it will be a more stable market. there will be no sharp declines. it would be better if the distribution did not accumulate at the whales. When it reaches 21 million, it does not make much profit. market. there will be no sharp declines.

With a limit approaching, the coin will be rising high in the market and might have a high price for the supply will be limited and the demand maximum.

This is the general economic intuition about the limited supply and excess demand. However, I read somewhere on the forum that the volume of Bitcoin might also rise as we approach the end of the 21million. In addition, a limit in the Bitcoin market might give way to ETH as well to prosper.

The limit is not actually approaching because a lot of us here today would have been long gone when the last bitcoin will be mined but for real, as we are getting closer, the chances of seeing the bitcoin market soaring higher is most definitely there.

Talking about the halving that would be occurring in the next few years, I can imagine this is something we would get to see bring about some huge spike in prices and then in the long run, we would get to see the price of the market going far from where we are now. What makes bitcoin what it is as well as every other cryptocurrency is the limit and for bitcoin this would speak for its growth and value, not to even talk about the ones that are lost.

Who fixed that total supply of bitcoin? I don’t believe it because if we want to use bitcoin like our local currency and also want other currencies to be disappear from the market, then everyone will need cryptocurrency and when there is no bitcoin in the market what will he do? Therefore I think that in the future when controllers realize more demand for bitcoin, they will allow more mining.

Arent POS  coins with Masternodes, Higher Max Supply + designed for moving value around would get an advantage at that point? As their aim is to get money from the traffic and miners are forced out from start or soon after. Something like "crypto trade ships" sealing on the vast seas of crypto, transporting money.

[princeyeboah]

This is where Bitcoin will have its greatest value on the market. When it reaches its 21M supply, it will become scarce and as the demand increases, the price and value will definitely increase as well.

[Greed Dev]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I do not think Bitcoin will become more expensive. Because that 21 million Bitcoin will still be circulating in the market and it will never be lost. It is important that the GPU market will fall sharply. Because when Bitcoin has reached the limit, miners will no longer need to dig up more coins. Only Bitcoin is now profitable for them and when it reaches the limit, GPU sales will be greatly reduced.

[patarfweefwee]

If that should happen then no one will mine anymore because as you say, the closer we are from the market limit, the more expensive it is to mine. Then everyone else will just trade with Bitcoin while other would just still mine Bitcoin because that is the only thing they know what to fo but that will be a very small population.

[awik p]

If that should happen then no one will mine anymore because as you say, the closer we are from the market limit, the more expensive it is to mine. Then everyone else will just trade with Bitcoin while other would just still mine Bitcoin because that is the only thing they know what to fo but that will be a very small population.

i think for development it will still work, because every transaction must be solved. but i think 21 million will not be released in all markets. of course they still set aside a portion to maintain market health

[wuvdoll]

I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.

Soon ? I am sure you know that most of us here will not even be alive by the time we get to mine the last bitcoin, and possibly the kid born today may probably be dead or as well as extremely old when that would happen, so I do not see that as something that can be classified as soon. Also, we have to understand based on what you have said, that this 21 million will not even be in circulation as even by now some have been known to be lost and even in the long run, more will be lost, so let's say eventually when bitcoin even becomes extremely usable, we may not even get to find so much in circulation.

When the BTC is completely excavated. At that time, I didn't know the price of BTC. But at the time, there were no mining incentives. It is estimated that mining incentives are commissions. The market has a big change. Look at the situation that was recognized at that time.

Obviously, if bitcoin is still existing by then which I so much believe it will, the price is not even something we can even imagine in our heads, and may be by then though, 1 satoshi might have become an equivalent to the dollar. The market is pretty much changing each and every day, and there is absolutely no way we can get to not believe that this market would have increased in terms of adoption by then which we all know what that would have amounted to considering the fact that real life usage would even have become a thing in the end.

[Akermayya]

I think the number of 21 million BTC is unknown, it is only predicted if reached such a number, the market will be saturated.

[Irvinn]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

If all the bitcoins are mined, nothing much will happen. This event has virtually no effect on its price. However, the question is not even that. In a hundred and twenty years, bitcoin mining will probably no longer be relevant. During this time there will be such events that it is possible to forget about Bitcoin. If the cryptocurrency will continue to exist, then it will be completely different. And bitcoin will be completely different. Therefore, do not worry about such little things now. Moreover, we still will not know about it. Rather, not in this life.

[Crypto Girl]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

If all the bitcoins are mined, nothing much will happen. This event has virtually no effect on its price. However, the question is not even that. In a hundred and twenty years, bitcoin mining will probably no longer be relevant. During this time there will be such events that it is possible to forget about Bitcoin. If the cryptocurrency will continue to exist, then it will be completely different. And bitcoin will be completely different. Therefore, do not worry about such little things now. Moreover, we still will not know about it. Rather, not in this life.

Soon mining will be not profitable anymore since the reward are getting lesser and what they just get is the fee.
Thus the answer is clearly stated, it's already scarce and so the price.
The last bitcoin will be mine in 2140 and I'm sure most of us are gone by that time so don't bother anyway.
Why don't we just enjoy and live in the present.

[GoldenBell]

When we reach the level of 21 million bits, then the transaction costs increase, while the mines will no longer receive the reward.

[Pattart]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.

Yeah, that time will definitely come, bitcoin will not be able to be mined again, while the amount of bitcoin is limited, of course it will
soar the price of bitcoin to be very high. that is a sure thing to happen, if currently 79% are already mined, it means less a few years away bitcoin will not be able to be mine. my suggestion is to keep your bitcoin, bitcoin will be very valuable then.

[kzozenberg]

Demand generates supply and this means that when mining is over, demand for bitcoin will be colossal. Bitcoin began to produce so quickly in recent years and there is very little, to be precise 3 646 425 BTC and the end )

[MMS2017]

When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a  good reserve of fiat and they have choice of the money whether to use crypto or fiat.

[sinkfish]

by the time we reach the supply limit, i dont think we will be trading in Satoshi instead of in BTC unit. for that to happen, it would be an economy base on BTC. that would be ambitious.

[dat.ho12492]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.

Yeah, that time will definitely come, bitcoin will not be able to be mined again, while the amount of bitcoin is limited, of course it will
soar the price of bitcoin to be very high. that is a sure thing to happen, if currently 79% are already mined, it means less a few years away bitcoin will not be able to be mine. my suggestion is to keep your bitcoin, bitcoin will be very valuable then.

Well, after bitcoin mining is finished, the value of bitcoin will increase very high but I believe this will not last long and then, bitcoin will gradually go down and began to go sideways, stabilized because the miners, the big whales of the market were no longer benefited when they were not mined. And they will definitely move on to another currency, maybe that would be a bitcoin alternative currency, although bitcoin's position will not be shaken but the community and its popularity will fall to the bottom

[Sab11]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Just for me i think when the total supply of bitcoin is pushed to the limit i think the bitcoin mining is going to stop and for sure as you said l the transaction is become expensive and the price will decrease a little bit because the more total supply the less price just in my opinion hehe.

[Koenraad Lange]

When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a  good reserve of fiat and they have choice of the money whether to use crypto or fiat.

In my opinion, after the supply limit of 21 million bitcoin is fulfilled, the price of bitcoin will be stable because there will be no more mining and hunting by speculators that will spur the growth of bitcoin prices. Bitcoin will become a digital currency that is used globally with a number of changes that have made countries refuse to accept it.

[bitcoinrays]

I think the number of 21 million BTC is unknown, it is only predicted if reached such a number, the market will be saturated.

Exactly I often think if this number has been achieved now, then prices wouldn’t be getting up. Because according to buying and selling rule, when demand isn’t higher than supply, prices never shoot up. So yes, we hope that this number doesn’t get marked or the other way should be that more and more people must come in this world to increase demand.

[iged_war]

I think the number of 21 million BTC is unknown, it is only predicted if reached such a number, the market will be saturated.

Exactly I often think if this number has been achieved now, then prices wouldn’t be getting up. Because according to buying and selling rule, when demand isn’t higher than supply, prices never shoot up. So yes, we hope that this number doesn’t get marked or the other way should be that more and more people must come in this world to increase demand.

isnt it when bitcoin supply already minted all , its supply on market become rare and people prefer to hold this.and when demand rise cause its technology or implementation price will rise sharply.

[aeternus]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

When most of the coins are mined then this means that miners will need to get their money mostly through the fees that they charge, but this is not really a problem if for you the cost of a transaction is a problem you can send a transaction with a very low fee and eventually it is going to be confirmed once the network is not as busy, so I do not see any kind of problem.

[Harlod Benjamin]

In my opinion, if you can reach the 21 million BTC supply, people will stop mining BTC and the price will be very high.

[sgenuine]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D

When most of the coins are mined then this means that miners will need to get their money mostly through the fees that they charge, but this is not really a problem if for you the cost of a transaction is a problem you can send a transaction with a very low fee and eventually it is going to be confirmed once the network is not as busy, so I do not see any kind of problem.

First of all, we must not forget that this event will not happen soon. Those guys that will see it, will be probably happy to realize that they are rich (if they were holding BTC for long). Bitcoin will be very expensive.

[mkhadazz]

Giving birth to bitcoin has started to be limited and along with the depletion, the price of bitcoin will be very expensive because bitcoin will definitely be very difficult to find while the demand is increasing and making prices very expensive

[bajingluncat]

maybe at that time bitcoin will experience an increase in prices and even if there are still many people who are interested and want it, isn't the price of bitcoin experiencing price increases due to limited availability and depending on many requests, but if the market situation is like this, I still doubt investors will increase and return to be attracted to the market, but one thing is certain usually something limited in number will definitely have a high value and is very valuable or special and that will also happen to bitcoin if it has reached its limits

[Vishnu.Reang]

LOL.. the limit will be reached sometime in the year 2140 and we have a lot of time to think about that. We may mot be alive until then... so why bother about it when we are having a lot many other important issues to take care about?

[reverseflash]

In my opinion, after the extraction of all bitcoins, the price will rise, but will stop at a certain figure and will continue to steadily keep near this mark. Vibrations will be present, but they will be insignificant. Around this time, it will be possible to talk about Bitcoin as an alternative world currency.

[Vanshenz]

in my opinion if bitcoin has reached the supply limit of 21 million, then bitcoin can be an antique coin and hard to get, because if all the bitcoins are mined, then the price of bitcoin will get higher, and I think people who have bitcoin are very lucky people.

[Koadharber]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

Don't mind too much yet you wont able to reach that year on where all the 21M coin supply would be totally mined.
No one knows on what would happen on that year it would be on 2100+ as far as I remember. If demand is high then already the supply
is only limited then expect the price would really more than as we are on now.

[Stac]

whenever the bitcoin is reaching its limit of 21million supply in the market the mining will be stopped and its supply also stopped. Whenever the bitcoin supply stopped and naturally its demand will increase and hence its market price can move upward..The 21 million bitcoin will be circulating in the market and its price can move up according to the market demand.and it can reach up to any height .Bitcoin is with a strong net work systems incorporated with the modern technology so the global community is much impressed to utilize bitcoins utility value in various aspects.Bitcoin is an investment tool,it can be used for the day trading since it is volatile in the market.Its features are very attractive to the global investors and it is a good transaction media which can save the time and money.The transactions can be carried out with out the third party interference.Bitcoin also can be useful for the on line shopping and the service bill payments etc.

[sirminesalot]

I think if the bitcoin has reached its supply limit, bitcoin will not end and will not run out. because the fee from each transaction will be returned to the source, then the source will produce a new number that will be captured by the miner.

[setialovers]

If the supply become maximum, i think the transaction fee will become higher because miner dont have block reward. But i am believe too that bitcoin price will be growing higher and more expensive because the supply getting tight

[BitTraderCute]

If the supply become maximum, i think the transaction fee will become higher because miner dont have block reward. But i am believe too that bitcoin price will be growing higher and more expensive because the supply getting tight

that was most waited thing by bitcoin community.no more miner and bitcoin supply already mined and circulate in market.people want to buy bitcoin must provide much to make bitcoin holder interested selling their stock.

[yanesna3]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service.

Yeah, that time will definitely come, bitcoin will not be able to be mined again, while the amount of bitcoin is limited, of course it will
soar the price of bitcoin to be very high. that is a sure thing to happen, if currently 79% are already mined, it means less a few years away bitcoin will not be able to be mine. my suggestion is to keep your bitcoin, bitcoin will be very valuable then.

Well, after bitcoin mining is finished, the value of bitcoin will increase very high but I believe this will not last long and then, bitcoin will gradually go down and began to go sideways, stabilized because the miners, the big whales of the market were no longer benefited when they were not mined. And they will definitely move on to another currency, maybe that would be a bitcoin alternative currency, although bitcoin's position will not be shaken but the community and its popularity will fall to the bottom

I guess that the price of the last mined Bitcoin will be extremely high. However, you are right. After some hype around it, the situation will be stabilized, and BTC maybe will slowly go down.

[Rustamm]

We will certainly not know what will happen if the last bitcoin is obtained. I believe that nothing will happen at all. However, by that time we can confidently say that the situation with Bitcoin will change by 2140. Most likely, the latter Bitcoin will be extracted much earlier than this period, or there is no need for its extraction and there may be many reasons for this. As another cryptocurrency develops, it is unlikely that Bitcoin will then be very expensive.

[Pab]

Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?

Thanks for taking the time to answer :-D

21 mln coins it is something what has to be solved
Cost of transaction and mining can be solved by technology improvement
bitcoin sidechain can help a lot
I have been reading that Intel won patent what will make bitcoin mining less costly
So we will see
With current mining technology  last coin will be mined around 2040
One more thing is hash rising costs
Cost of energy in China double in other countries cost of energy is also rising
That is not best news for btc

[Koenraad Lange]

When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a  good reserve of fiat and they have choice of the money whether to use crypto or fiat.

I am of the opinion that if 21 million BTC has been fulfilled, there will be no more bitcoin mining, so logically the price of bitcoin will soar because the amount is limited. Something limited will be an attraction besides its value because the amount does not increase.

[readygoaw]

When we reach the 21 million BTC then a strong financial system will be developed through blockchain technology and it is not just over then all the transactions will be processed through this where the fiat will nor be independent from crypto and money supply of all the currencies bitcoin holders will have a  good reserve of fiat and they have choice of the money whether to use crypto or fiat.

I am of the opinion that if 21 million BTC has been fulfilled, there will be no more bitcoin mining, so logically the price of bitcoin will soar because the amount is limited. Something limited will be an attraction besides its value because the amount does not increase.

It is evident that no one will mine Bitcoins when the 21 million is reached. I guess, that when it happens, BTC price can jump very high. This cryptocurrency will become extremely valuable.

[biskitop]

the most common questions and indeed sometimes many people find it difficult to answer. but I have my own theory, which is that miners mine btc to reach the 21 supply limit and then sell it to the market, while investors buy btc in the same market then sell it in the same market again, so this is like spinning in the same market even though supply reaches the limit but BTC trading activity doesn't stop.

[Lexurdania]

If bitcoin reach 21 million supply in market, i think the price will be rising and very expensive. Hopely if this happen, transaction fee become more cheaper but miners should want more payment. I think this is a problem when bitcoin reach 21 million supply

[Pab]

Solution has to be find  before last coin  will be mined otherwise we will see one big exit pump than bitcoin will die
There is already problem with energy consuming and that problem will be bigger and bigger
It is not joke in the world what is now looking for energy saving

[gowobonyok]

meaning that bitcoin is no longer there to be mined, and when the supply of 21 million has reached the limit, then what can be traded in the market is bitcoin owned between users. for example user A, sell and buy by user B. there is no more stock, and everyone who holds bitcoin is those who can still trade bitcoin in the market.

[mich]

Its not if but when.  There will be many Bitcoin lost so the exact number wont be 21m.
The price will be very high at this point as many people predict.

[BigBos]

Its not if but when.  There will be many Bitcoin lost so the exact number wont be 21m.
The price will be very high at this point as many people predict.

yes, I also think the same thing. when bitcoin has reached its maximum supply, maybe the price will be very high, or the price will be very stable. Well, for now, I might be preparing some bitcoins for the future.

[rosmerius]

If bitcoin has been maximized in mining, it is certain that bitcoin will be very valuable and many want it for investment and payment.
Surely many will hold and store it.

[michellee]

meaning that bitcoin is no longer there to be mined, and when the supply of 21 million has reached the limit, then what can be traded in the market is bitcoin owned between users. for example user A, sell and buy by user B. there is no more stock, and everyone who holds bitcoin is those who can still trade bitcoin in the market.

Then maybe we could only trade bitcoin, and maybe bitcoin will still become superior to the other. Still, I don't imagine too far because we still have a long journey and it's not good if we imagine how it will happen. There are so many possibilities for bitcoin to happen in the future since we still following bitcoin journey. The important thing right now is only preparing for the future, so when it happens, we are ready to face it.

[mersal]

I don't know properly is there supply and demand was completely end for Bitcoin it will going to to be a stable currency the value of Bitcoin was stable and all the other countries tied up with Bitcoin and make it more powerful.