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Author Topic: once all bitcoins are mined  (Read 508 times)
wanderloy
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November 29, 2017, 08:06:00 AM
 #21

All Bitcoins will be mined on estimated year of 2140 so all of us will be dead and our 3rd generation are the one who can actually witness the history so we assume if all Bitcoin are all mined today then there will be another way to earn Bitcoin in order to continue to support all the transactions because miners are the responsible to write and seal the block into the blockchain. If ever there's no more Bitcoin to mine all miners will stop mining and the circulation of Bitcoin will continue.

Gloria_16
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November 29, 2017, 08:25:15 AM
 #22

As you know, the total number of bitcoins that can be mined is 16 million, but 4 million of them are lost forever, due to forgotten passwords or dead users.
Panda Trump
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November 29, 2017, 09:28:54 AM
 #23

As you know, the total number of bitcoins that can be mined is 16 million, but 4 million of them are lost forever, due to forgotten passwords or dead users.

There are 21 million Bitcoins that can be mined. 16 million Bitcoins have been mined until now.
And "4 million lost" is very speculative. No one knows how many Bitcoins really have been lost. It could be much more or much less. No one knows.

Please try thinking a bit before posting... I understand that you don't want to waste too much time whilst post-farming, but please...
If you post quality content instead of nonsense, your account value will rise, which means that you'll be able to sell your account for more, scam more people or participate more easily in Signature Campaigns & spam them till they're broke!

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mondobitcoin
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November 29, 2017, 02:20:55 PM
 #24

I think that all bitcoin will be mined in 10-15 years, and i think that is not a problem, it will be only better for us Smiley
When all bitcoin will be mined, the price can grow up very fast, faster than now
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