BTC rate when bitcoin will mined

[gentlemand]

That's when the true deflation kicks in, though the block reward will be so low for so many years beforehand that it'll effectively already be in place anyway.

If Bitcoin by then is the de facto option for protecting your savings from inflation then it will be the most desirable asset available to humanity. Throw in no more new coins and that's not exactly going to be a disaster for the price.

[doch]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

No way to know unless there are some big medical advances, not a single one of us is going to be here when that happens, and if bitcoin is still around at that point in time it is very likely that bitcoin has become one of the dominant currencies of the world and that we think in prices in terms of bitcoin.

Off course the price if bitcoin will increases and this is normal that the price if bitcoin is increases continuously and doesn’t matter you mined or left but the price of bitcoin will grow up because the support to the price will become double.

[beerlover]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

How will anyone ever know that? We are not soothsayers and we cannot even see the future. Also, even if all the bitcoins are mined, that does not mean the value cannot keep increasing. Everything is based on the demand and supply. It is not a matter of belief that nothing will change; it is a fact that nothing will change after everything is mined as what we are seeing now is what we are still going to keep seeing.

However, by then, I believe bitcoin should have been fully solid in foundation with a lot of investors already in and a huge market cap by then, which would make us not to see all this FUDs, panics, high level of volatility and so on by then.

The value at this stage is what no one can definitely know. I am sure before then, a lot of miners would have given up and knowing that the difficulty may drop a little if that happens, companies like bitmain may end up being the ones enjoying mining by then. The fact is that a lot may have even changes before then as no one knows.

[raven7886]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

I think that if bitcoin will still be existed at that time it is probably going to be the main global currency.

Bitcoin mining is going to be stopped at the year of 2140( we all won't live to see that), and I think that if miners will keep mining for fees only( as there won't be any block rewards), it means that the fee amount is going to be very high , which also means that there is a large usage for the bitcoin network, and if there will be so large usage for the bitcoin network it means that bitcoin will be one of the main world currencies.

I don't think that fees will go high if all all the coins are already mined. More transaction fees can be included on the blocks and it can definitely compensate the absence of the rewards per block. What is needed is that the price of bitcoin should go up by that time because less rewards means less bitcoin per member of a pool. Bad thing we will not see what will really happen by that time, and we are not sure if the last bitcoin will be mined.

Fees will not go high and a lot of things would have changed even before then that would make the process of transaction even faster. I can imagine what the value of bitcoin would have been when that time comes.

It would be huge but the truth is that a lot of miners would have even stopped mining as it would no longer be profitable to mine, worse than what we are already having. Like you said, the worst part is a whole lot of us here today won't even be alive by then to experience what would happen.

[fanbeila]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

When the last block would get mined and the last bitcoin coming in to circulation,then there would be no more bitcoins available in the market.But still,there would be an increasing demand for bitcoins due to newbie entering the market.This would result in very high increase in its price.There would be a huge scarcity for bitcoins.

That's the main reason that bitcoin is free from inflation since it has finite supply unlike US Dollars.That is also a main reason for which more investors buy bitcoins with huge trust.

[Supercrypt]

It would be possible to mine bitcoin completely only until 2138 considering that technology gradually increases at the current pace. This is because the hashrate would decrease continuously when more and more bitcoins are mined. I don't really think BTC would be able to survive until then. Because if we are trying to say that bitcoin is going to replace fiat in 10 years. Then the fiat system nearly lasted 100 years. Bitcoin would last roughly the same or may be less considering that people are never stagnant and try to find way outs to outshine current cons.

That is it! A lot of things would definitely change. Technology keeps increasing every now and then and we keep seeing new things. A lot of generation including us would have passed by then and we really do not even know if bitcoin would be the same like what we have now when that time comes.

Starting from when internet started till now and a lot that has changed, check out when email started and a lot that has changed, even PCs keep coming up with newer and better technologies. Same is definitely going to happen with bitcoin in the long run.

[In the silence]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

It will be 100x the current price i think because of there will be no more bitcoin created and all miners will rely on transaction fees only. transaction fees in the future would be much expensive than today but a small fraction only of bitcoin.

[brontosaurus]

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

I am not too much into speculation or such things but I think that bitcoin will not be able to survive until then. I have been mining bitcoin in past but still feel the same. Reasons are endless and we all know that these reasons are enough to challenge the longevity of bitcoin. ever increasing transaction fees and transaction time is just a very small example. As per the network so designed its not possible that all bitcoins could be mined before 2138 but we all know that technology grows everyday so won't be surprised to see all the bitcoins mined pretty sooner than this date. but as for their existence just can't guarantee that. maybe its value just might remain around $1000.

[slyfox]

After all bitcoins get mined. There will be a limited stock left with us to trade with. With seeing its current demand its price will touch skies.

The supply is very limited right now and that has made the price to go up that much in such a short amount of time, but even if the amount of bitcoin keeps growing demand is growing a lot faster and that is going to push the price to even greater heights.

[randal9]

After all bitcoins get mined. There will be a limited stock left with us to trade with. With seeing its current demand its price will touch skies.

The supply is very limited right now and that has made the price to go up that much in such a short amount of time, but even if the amount of bitcoin keeps growing demand is growing a lot faster and that is going to push the price to even greater heights.

is absolutely true, so soon the price of the bitkoin will reach such level that we will not be able to get all the bitcoins ever in life))

[slyfox]

That's when the true deflation kicks in, though the block reward will be so low for so many years beforehand that it'll effectively already be in place anyway.

If Bitcoin by then is the de facto option for protecting your savings from inflation then it will be the most desirable asset available to humanity. Throw in no more new coins and that's not exactly going to be a disaster for the price.

But what happens to the miners when there is almost no block reward will they keep mining in order to get the fees of the transactions or will they move to other blockchains? In my opinion that is going to be the key to know what it is going to be the future of bitcoin, do not you agree?

[mustakforum]

I think bitcoin will not run out not because of mining alone, bitcoin itself is obtained from the fee per transaction. currently the transaction is not only in exchange but from trading also there is a fee withdraw each time. even from gambling there is a separate fee that goes into bitcoin. I think the bitcoin will not run out because of the above factors, the higher the bitcoin value the higher the exchange rate from other coin to bitcoin while the fee per transcation is up to 0.0005 btc. from any mining there is a fee per transaction withdraw, I think bitcoin will not be exhausted and stakeholders will utilize if the occurrence of panic price because of that the stakeholders buy cheap and sell at high prices. maybe that's all in my opinion, sorry more apologies.

[madwica]

I think if bitcoin already mined the value will be much expensive than today because the demand will increasing while the supply would running out. Most of the bitcoin holder will continue to hold until the value reach their expected value in the future. That is why i do not waste every single time to collect bitcoin in multiple method i know here in crypto world.

[ninadoge]

I think bitcoin will not run out not because of mining alone, bitcoin itself is obtained from the fee per transaction. currently the transaction is not only in exchange but from trading also there is a fee withdraw each time. even from gambling there is a separate fee that goes into bitcoin. I think the bitcoin will not run out because of the above factors, the higher the bitcoin value the higher the exchange rate from other coin to bitcoin while the fee per transcation is up to 0.0005 btc. from any mining there is a fee per transaction withdraw, I think bitcoin will not be exhausted and stakeholders will utilize if the occurrence of panic price because of that the stakeholders buy cheap and sell at high prices. maybe that's all in my opinion, sorry more apologies.

Actually there is a limit on mining Bitcoin and i think at the moment that Bitcoin can't be mined anymore the price of Bitcoin will increase huge.