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Author Topic: After mining all bitcoin  (Read 174 times)
intoy_victor
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June 01, 2018, 11:50:31 PM
 #41

After that bitcoin will starting to lose btc price. But there are many altcoin has a potential to follow or overtake what bitcoin did. When there is leaving, there are always incoming and much better that the first came.

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The_Dark_Knight
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June 06, 2018, 01:08:57 AM
 #42

There are only 21m Bitcoins available for mining. Once all of those Bitcoins have been mined, no more bitcoin will be created then. What do you think will happen to bitcoin and its market after all mining are done.

It is very difficult to predict what the price of bitcoin is going to do in the next week so it is almost impossible to predict what it is going to happen when the  moment in time you are talking about is not going to happen until the next century, so do not worry too much about such a thing because most people here in the forum are not going to see that day.

But most of us will hopefully see the day when coinbase will get that low that Bitcoin blockchain will not be secured enough just from it. So it is our problem.
It is true the block reward is getting smaller but as we know it was the plan of satoshi the fees will be enough to sustain the miners and that is what will happen, if at some point that is not the case then only the most profitable miners will keep operating and when some of them disappear there will be enough profits for the rest of the miners so I'm not really worried.
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June 06, 2018, 01:12:52 AM
 #43

After that bitcoin will starting to lose btc price. But there are many altcoin has a potential to follow or overtake what bitcoin did. When there is leaving, there are always incoming and much better that the first came.
We can't say that right away, there's also chances that the value will rise if adoptions occurred,imagine if Bitcoin will be utilize and use in a daily transactions how big it can be in value, it's only 21M compared to the numbers of people and businesses around the world, there's also a high chance that Bitcoin will be mooning more.

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June 06, 2018, 01:40:50 AM
 #44

It will not be so unpredictable in the price from day to day.
The price will be more stable.
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June 09, 2018, 02:37:21 PM
 #45

There are only 21m Bitcoins available for mining. Once all of those Bitcoins have been mined, no more bitcoin will be created then. What do you think will happen to bitcoin and its market after all mining are done.

It is very difficult to predict what the price of bitcoin is going to do in the next week so it is almost impossible to predict what it is going to happen when the  moment in time you are talking about is not going to happen until the next century, so do not worry too much about such a thing because most people here in the forum are not going to see that day.

But most of us will hopefully see the day when coinbase will get that low that Bitcoin blockchain will not be secured enough just from it. So it is our problem.
It is true the block reward is getting smaller but as we know it was the plan of satoshi the fees will be enough to sustain the miners and that is what will happen, if at some point that is not the case then only the most profitable miners will keep operating and when some of them disappear there will be enough profits for the rest of the miners so I'm not really worried.

But fees will not be enough. This will be seen already in 10-20 years. So we will hopefully live to see it.

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