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Author Topic: A Question For Any Coin | When The Cap Is Reached  (Read 579 times)
Ox (OP)
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January 08, 2014, 08:31:24 AM
 #1

Now, I searched around for awhile on google.  It so happens to be that this topic isn't wildly discussed as I thought it'd  be.

Bitcoins have a limited supply able to be mined.

Suppose they lose value when it's reached. Wouldn't all other coins which are dependent on BTC fail, too?

For the greater good, this is unlikely.  It would most likely gain in value.

When coins are no longer able to be mined(supply mined reached), what happens?
odolvlobo
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January 08, 2014, 08:34:13 AM
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When you are driving a car and you take your hands off the wheel, what happens? Nothing. The car keeps going forward. Same thing happens when the last bitcoin is mined.

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Ox (OP)
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January 08, 2014, 08:50:24 AM
 #3

When you are driving a car and you take your hands off the wheel, what happens? Nothing. The car keeps going forward. Same thing happens when the last bitcoin is mined.
I don't know about that analogy, but I'm inclined to think it could stop moving.
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January 08, 2014, 08:51:46 AM
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As far as I'm aware, the miners cut is upped to keep the ledger checking incentive there ...
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