BITCOIN'S VALUE WILL INCREASE ONCE ALL 21M BTC ARE MINED...SO HOLD YOUR BTC!

[Obaa Hemaa]

Many people are scared that the price of bitcoin can never rise above 15k again but i disagree with this. The total number of bitcoin is 21M and currently about 16.9M has been mined already. Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency. The demand of bitcoin will increase with time as more institutions decide to embrace cryptocurrencies(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase. This is the future folks, don't be scared by the trend of the market and sell cheap because Green days are coming!

[CryptoDamon]

Many people are scared that the price of bitcoin can never rise above 15k again but i disagree with this. The total number of bitcoin is 21M and currently about 16.9M has been mined already. Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency. The demand of bitcoin will increase with time as more institutions decide to embrace cryptocurrencies(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase. This is the future folks, don't be scared by the trend of the market and sell cheap because Green days are coming!

The law of supply and demand. Since bitcoin has a supply limit and mining difficulty, no doubt that its value due to its scarcity will surely increase. We just have to wait for that moment to come and enjoy our profits.

[Anarchist]

Don't feel forced to use CAPS in all your title. it's horrible and on a forum, to use CAPS, it means shouting and usually people hate caps

[1993jochico]

Those people who are scared on investing in this technology doesnt have any idea about what is the purpose of this invention "the one who dont read" and they just want to be a part of this to earn income without studying the situation most of them are the one who always "brag" everytime the price falls down.

[mk4]

Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency.

Since when did Amazon & eBay accepted bitcoin?

Also, while I think the prices will indeed rise, bitcoin being more scarce isn't itself going to rise the price. Without much buyers and a lot sellers, bitcoin will still continue to drop or be stable in price. Supply is not the only thing that's important here. It's still both supply and demand.

[deeofficialx]

Many people are scared that the price of bitcoin can never rise above 15k again but i disagree with this. The total number of bitcoin is 21M and currently about 16.9M has been mined already. Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency. The demand of bitcoin will increase with time as more institutions decide to embrace cryptocurrencies(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase. This is the future folks, don't be scared by the trend of the market and sell cheap because Green days are coming!

Okay, let say, cryptomarket also has this supply-and-demand-economical season. In that season, by the time that the total supply has been mined then Bitcoin will become a rare thing, and it might help the monetary value to go up.
But I think, not just this supply-and-demand rule matters, what matters the most here is the mass adoption. Just like what you have said, some famous platforms and even institutions are  now accepting Bitcoin. After being accepted by those big entities and more soon, then surely, the price will rise.

[Barbarian]

While you are correct in your assessment it seems that you forgot that is going to take more than one century for all bitcoins to be mined, and it's very unlikely that any of us is going to be around by that time, however as bitcoin becomes more difficult to mine and more bitcoin is lost because people forget the password to their wallets we're going to see a decrease in the supply and that will make bitcoin even more valuable.

[pooya87]

The demand of bitcoin will increase with time as more institutions decide to embrace ~(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase.

this part is correct, as demand increases the price goes up since the supply is capped. but your title is completely wrong. price and how it increases has nothing to do with when the whole 21 million will be mined. we may reach mass adoption in 2-3 years and price stops having major rises after that which is a long ways before the 21 million (just an example) or it can take 20 years or 50,...

a common misunderstanding these days is that people forget that it is called supply AND demand not just supply on its own.

[Don Pedro Dinero]

Since when did Amazon & eBay accepted bitcoin?

Never. The same way as:

The total number of bitcoin is 21M and currently about 16.9M has been mined already.

Currently is about 17,3M.

I take OP trying to get merit but he will just end up in some people’s ignore list. Like mine. Apart from the imprecisions, he is not telling anything new: we all know that if demand increases, as there is the 21M cap, bitcoin price will rise.

[okala]

Yes,  that is the mean reason why we should be holding now.  A day will come when all the bitcoin will be mine and by then bitcoin will become one of the most expensive assets on earth.

[justspare]

It would be really difficult for miners when it reaches 21 million. I mean it will technically drop a lot more for them before that happens however when the amount gets little enough the amount of fee's will decide how many miners will still stay with bitcoin and how many will move on to something new.

I think when that happens bitcoin price will be free to do whatever it wants since there won't be any miners saying there are costs for it. This way bitcoin may go down or go up and we may see the price do anything it pleases, it won't mean it will go up. I think the proper meaning is that miners may start looking for other stuff to mine.

[joyclicks]

Many people are scared that the price of bitcoin can never rise above 15k again but i disagree with this. The total number of bitcoin is 21M and currently about 16.9M has been mined already. Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency. The demand of bitcoin will increase with time as more institutions decide to embrace cryptocurrencies(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase. This is the future folks, don't be scared by the trend of the market and sell cheap because Green days are coming!

Okay, let say, cryptomarket also has this supply-and-demand-economical season. In that season, by the time that the total supply has been mined then Bitcoin will become a rare thing, and it might help the monetary value to go up.
But I think, not just this supply-and-demand rule matters, what matters the most here is the mass adoption. Just like what you have said, some famous platforms and even institutions are  now accepting Bitcoin. After being accepted by those big entities and more soon, then surely, the price will rise.

Miners are also in tension because their profit margin has reduced due to fall in the price. They are not interested in mining. If the price doesn’t increase it will be difficult to mine the whole 21 M bitcoin, and the other problem is that there are no or very less buyers in the market. If all bitcoin are mined and it finds no investors, the price may fall more.

[tokeweed]

Since when did Amazon & eBay accepted bitcoin?

Never. The same way as:

The total number of bitcoin is 21M and currently about 16.9M has been mined already.

Currently is about 17,3M.

I take OP trying to get merit but he will just end up in some people’s ignore list. Like mine. Apart from the imprecisions, he is not telling anything new: we all know that if demand increases, as there is the 21M cap, bitcoin price will rise.

Actually we don't really know how it all pans out.  And on the other hand there's an argument that miners living off fees alone won't be enough to support their farms causing the smaller miners to drop off leaving just the largest ones making it more centralized.

Anyway, I encourage you guys to look up XMR's tail emission which is another take on when block rewards run out.  But it's not just about having 'that something' for the miners when all the coins are mined, but striking that balance between the fees and (Monero's adaptive) block size.  

[pixie85]

I hope that you do realize that with halvings it will take many more years before the last coin is mined out. It's estimated that in the year 2100 we will still be mining! While I'd like to be able to see this most of us, including me, will never be able to. Our generation of people born in the 80s and 90s will die before the year 2080. The revolution will have to happen much earlier and it will.

[splacque]

While you are correct in your assessment it seems that you forgot that is going to take more than one century for all bitcoins to be mined, and it's very unlikely that any of us is going to be around by that time, however as bitcoin becomes more difficult to mine and more bitcoin is lost because people forget the password to their wallets we're going to see a decrease in the supply and that will make bitcoin even more valuable.

I think there is no limit for bitcoin to be mined. When we want that bitcoin will be the global currency in the future then mining process will also never end. It will continue till the end of the world like other paper currencies. I don’t believe that 21M is the last limit for bitcoin mining. Anyway if a company produce lot of items but there are no buyers in the market they cannot make any profit.

[Lucius]

I hope that you do realize that with halvings it will take many more years before the last coin is mined out. It's estimated that in the year 2100 we will still be mining! While I'd like to be able to see this most of us, including me, will never be able to. Our generation of people born in the 80s and 90s will die before the year 2080. The revolution will have to happen much earlier and it will.

Last BTC should be mined somewhere around year 2140, but this is just information that we should not worry too much. More important thing is to know that almost 99% of all BTC will be mined around year 2032, so we can say that in some 14 years from now and even before we can expect very small amount of fresh mined coins on market. Considering halvings in years 2020/2024/2028/2032 we can expect that price will go up to a significant extent if demand increase over the years.

[Febo]

BITCOIN'S VALUE WILL INCREASE ONCE ALL 21M BTC ARE MINED...SO HOLD YOUR BTC!

No one here will live that long. Or maybe few and by then they will not need much anyway.

On more serious note. Bitcoin will way earlier start having problems because of its low emission. I suspect soon after year 2040. But yes it is long time until then. So why worry about it now

[Barbarian]

While you are correct in your assessment it seems that you forgot that is going to take more than one century for all bitcoins to be mined, and it's very unlikely that any of us is going to be around by that time, however as bitcoin becomes more difficult to mine and more bitcoin is lost because people forget the password to their wallets we're going to see a decrease in the supply and that will make bitcoin even more valuable.

I think there is no limit for bitcoin to be mined. When we want that bitcoin will be the global currency in the future then mining process will also never end. It will continue till the end of the world like other paper currencies. I don’t believe that 21M is the last limit for bitcoin mining. Anyway if a company produce lot of items but there are no buyers in the market they cannot make any profit.

I'm sorry to say this to you but that is the limit and that limit is never going to be increased, the developers are never going to propose it because they understand that the reason why bitcoin is so valuable is because it is scarce and if they change that then bitcoin is not going to be that much different from fiat currencies.

[dothebeats]

I wouldn't bank on this one, even though theoretically this somewhat holds truth if we are to follow the law of supply and demand. However, there isn't a clear vision of whether bitcoin will still be accepted til then, and whether we are still alive by then. There is a possibility that new coins and cryptocurrencies would overshadow bitcoin's achievements and people would choose those new ones due to what they can offer, and that already is a less on the demand. 2140 is still a hundred and twenty-two years from now, and while we're waiting for the last bitcoin to be mined, we should focus on the fundamentals, economy and infrastructure of bitcoin if we really want it to stay.

[shamc]

It will take a lifetime to mine all the remaining bitcoins so we shouldn't worry about the increasing supply, the population growth is a more deciding factor with more people going after bitcoin as both an investment and spendable currency