BTC is near to end

[kojoannan]

Bitcoins is never near, it is hypothesis that suggest that bitcoins after mining all the remainder coins will be out of existent or either become limited and hence the price will rise astronomically but that don't seems to be true since the developers can amend things to run as it is now.

[normanderecho]

Bitcoins is never near, it is hypothesis that suggest that bitcoins after mining all the remainder coins will be out of existent or either become limited and hence the price will rise astronomically but that don't seems to be true since the developers can amend things to run as it is now.

For me bitcoin is very hard to end because of people using bitcoin and invest it because we can see people using to invest a bitcoin will become a successful of life because of the rising price.

[lazygin006]

I think bitcoin will stay alive and when the last block is mined it is going to be worth a lot more thean it already is. That will happen very soon and we should keep what we got now and be patient.

[Kidmat]

The end of what are you talking about?  The only end I know is the of of its dip the end of red market the end to plenty prediction and analyze. It's about time we check out the moon

When the price of btc has drops further mostly users claims the end is near. It will not end rather we can positively say the price of btc will soon climb. Agree, the time to invest and the time to think btc will recover.

[a4techer]

One of the negative thinker and believing to the negative news. I dont think that end is coming because bitcoin was now starting to known by others and starting of growing the population who are investing so bitcoin will never end but to start the new technology and new digital money for the future cashless society and bitcoin was the most popular coin so that is why it never ends.

[Marlo0619]

People may say that bitcoin will die because of its big drop this year. Some of them loses hope and starting not to use or invest in it. But the game is, this is our chance to buy bitcoin in a low price. Because when it recovers again, it will be much more higher than before.

[cappy176]

Yea makes perfect sense the cost to mine increases so the price will drop and it will become useless?? Are you serious the more it costs to mine 1btc the higher the value will be obviously. WHat's with all these people spreading gloom and doom got nothing better to do or you just trying to get in cheap? What is your intention OP?

[mattujusuruga]

Seriusly bro, i think you say is bulshit, you say : mining is getting more and more pointless and that is happening in furious pace!. Because we pay electricity and fee so much. Are you dont know about bitcoin price increase every years???

With only 21M total supplay and in the future bitcoin increasingly famous, bitcoin will be rare coin, That's mean expensive

[Reid]

Too much FUD.  Bitcoin can't die, it has too many users and too much money is already invested in mining operations. THe supply doesn't matter because bitcoin can be broken down into smaller units.

I prefer term "rational brain" to "FUD", but Im ok with Your version too. If supply doesnt matter, then it means, BTC is overkilled in ridiculous extent.

BTC can certainly die. Lost money is not important, just as soon as "greater fool pool" runs empty, BTC dies. You wont be able to earn Your money back by any other means, than people buying Your coins at higher rate, than You had them.

There it goes. The answer to your question.

Think 1 step forward and not 1 step backwards.
Look when all is said and done. Transactions will be way too high in numbers but not in amount paid for fees.

There will be a lot of transactions going on and that means more payment coming in, also in a fast pace.
With that there is still profit in it.
If you do not believe bitcoin will be much used in the future then you will not really see it.

[ephelants360]

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

Mining cost of Gold in 500 to 600/ounce

I know, this is well-known misleading argument. Actually mining BTC is MUCH MORE ineffective.

https://digiconomist.net/bitcoin-mining-more-polluting-than-gold-mining

AND ADDITIONALLY: reward for mining gold is not dropping in exponential rate.

BTC most older mining farms have made significant profits and hopefully can sustain a period of reduced profitability.
It is expected that the new incumbents and potential new institutional entrants will push the price of BTC higher.
Even though there are no absolutes, if a miner has enough to carry the cost of running the operation,
it seems the bias would be toward maintaining a view that BTC is going to reach new record highs.

[zwiggel]

Incorrect. This is a hoax. Bitcoin is still functioning normally. Bitcoin prices remain high. The number of bitcoins traded in the market is enormous. There is no sign that the bitcoin is dying.

[killerfrost]

I think this is a scam of the bad guys. I do not see any sign that the bitcoin is about to end. The bitcoin market is taking place. I'm buying a lot of bitcoin.

[dohh]

I appreciate your views and the fact that you are free to make your own deductions, but from my own point of view, your points are not valid. You talked about the 21 million volume of bitcoin being a problem, you forgot the fact that not all the tokens will end up in the hands of Hodlers, some will still be available for trading and will continue to move from trader to another, this will ensure continuous supply, or don't you think so?

Actually I do not think so. If You think carefully, You dont even need to consider that far. My question is: is mining essential for that technology in even close to that amount, that it is done? If yes, future is dark, because reward for mining drops really fast to zero. If not, then we have no product. If we have no product, its just a scheme. BTC as a product is a DECENTRALIZED cryptocurrency right? Decentralized meaning, validation of transaction is done by community, rather, than 3rd party.

So which is it? Is mining essential or not?

[dohh]

Too much FUD.  Bitcoin can't die, it has too many users and too much money is already invested in mining operations. THe supply doesn't matter because bitcoin can be broken down into smaller units.

I prefer term "rational brain" to "FUD", but Im ok with Your version too. If supply doesnt matter, then it means, BTC is overkilled in ridiculous extent.

BTC can certainly die. Lost money is not important, just as soon as "greater fool pool" runs empty, BTC dies. You wont be able to earn Your money back by any other means, than people buying Your coins at higher rate, than You had them.

There it goes. The answer to your question.

Think 1 step forward and not 1 step backwards.
Look when all is said and done. Transactions will be way too high in numbers but not in amount paid for fees.

There will be a lot of transactions going on and that means more payment coming in, also in a fast pace.
With that there is still profit in it.
If you do not believe bitcoin will be much used in the future then you will not really see it.

Reid, You dont understand the problem behind it. Is mining essential for blockchain technology, or not? If You cut away mining reward and leave only reward for transaction, one of these has to be true:

1) mining is not needed even closely in such amount as now. But if few computers can do all necessary validation, we would not have decentralization, right?
2) mining in such amount is essential, but there is no point to mine, because energy consumption remains the same, but rewards vanish.

[onrise]

The end of what are you talking about?  The only end I know is the of of its dip the end of red market the end to plenty prediction and analyze. It's about time we check out the moon

It is rightly said that dip should be ending soon and not the end of the journey of btc or crypto currency. It could happen that for some particular country the end could be their if that country decide to make it illegal else it is bad idea to think it is the end of btc.

[dohh]

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

Mining cost of Gold in 500 to 600/ounce

I know, this is well-known misleading argument. Actually mining BTC is MUCH MORE ineffective.

https://digiconomist.net/bitcoin-mining-more-polluting-than-gold-mining

AND ADDITIONALLY: reward for mining gold is not dropping in exponential rate.

BTC most older mining farms have made significant profits and hopefully can sustain a period of reduced profitability.
It is expected that the new incumbents and potential new institutional entrants will push the price of BTC higher.
Even though there are no absolutes, if a miner has enough to carry the cost of running the operation,
it seems the bias would be toward maintaining a view that BTC is going to reach new record highs.

This wont be a period. This will be forever. Quite simple math.

[dohh]

Seriusly bro, i think you say is bulshit, you say : mining is getting more and more pointless and that is happening in furious pace!. Because we pay electricity and fee so much. Are you dont know about bitcoin price increase every years???

With only 21M total supplay and in the future bitcoin increasingly famous, bitcoin will be rare coin, That's mean expensive

NO it wont increase every year. What is going to happen most likely: BTC will now bounce to nothing, every drop will be deeper, than previuos and every peak lower than previous.

[vickybitcoin]

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

No one can predict the future., the future holds so much possibilities for those who are positive thinkers and for those who sees positivity. Think of positive because we attract what we think of. For almost 10 years now bitcoin has proven is vitality and it has slowly but surely interwoven into the fabric of human life existence especially that we are now in the virtual world or internet. So i can see positive things in the coming years for the bitcoiners!

[dtpman]

not possible to BTC near to end

[Anam313]

I think it will never end and if the value changes it does not mean that Btc is at the end but some issues come in the crypto market which change the demand and supply so the price change with that and it's value is not controlled by any central department so the stability is not seen in this market.