mekie
Member
 Offline
Activity: 308
Merit: 11
|
 |
November 11, 2018, 10:16:29 PM |
|
Presumably when all the coins have been mined and are in circulation then there will be no need for further mining so coins will be earned from fees for transactions-both buyer and seller could pay a fee for the work done and it would be paid in bitcoin from the transaction. for example person A sells an item to B for 1 bitcoin, A pays x% transaction fee in btc and gets the 1 btc minus that fee, B gets the item but has to pay 1btc plus x% fee. or have i got this completely wrong?
|
▬▬▬▬▬▬▬ ● DAFZO.io ● ▬▬▬▬▬▬▬
CONTRIBUTE in PRIVATE SALE OFFERING 50% BONUS |
|
|
|
|
|
|
|
|
|
"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
LastHope99
Newbie
Offline
Activity: 63
Merit: 0
|
|
November 12, 2018, 11:15:15 AM |
|
Nothing will happen, as there's absolutely no chance btc will remain the same until those days. It may be displaced by other giant technological coin and go into oblivion. The other chance is that crypto won't be an outdated technology in even 10 years, let alone 100+. No practical use to think about that. What happened with dial telephones in 100 years after the invention? The same destiny awaits btc.
|
|
|
|
|
Coindevil
Newbie
Offline
Activity: 42
Merit: 0
|
|
November 19, 2018, 05:27:05 AM |
|
i think it is the end of bitcoin
|
|
|
|
|
|
darkangel020716
|
|
November 19, 2018, 05:36:38 AM |
|
I think bitcoin will continue for being use at that time, this is just a thoughts because no one knows in every of us what gonna happen after the very last bitcoin was mined in 2140, because we are probably dead.
|
|
|
|
|
dohh
Jr. Member
Offline
Activity: 332
Merit: 1
|
|
November 19, 2018, 05:40:54 AM |
|
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective). https://coinlu.com/what-is-the-future-of-bitcoin/So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then. However, what do you think will happen and what can we compare the event too?  Dont worry, BTC will be over much earlier.I give BTC 1...1,5 years maximum. But if You like math and technical perspective, then You could also calculate, what would be blockchain size by 2140, if blockchain doubles in size every 1,5 years. |
|
|
|
|
Desscount
Full Member
Offline
Activity: 1386
Merit: 101
ComboLabs
|
|
November 19, 2018, 05:41:35 AM |
|
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective). https://coinlu.com/what-is-the-future-of-bitcoin/So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then. However, what do you think will happen and what can we compare the event too? of course we will never know after that, only predictions. but if bitcoin runs out of mine, of course, we can assume that bitcoin will rise higher in price or there is the latest digital discovery that beats bitcoin. this will be a debate |
|
|
|
jcarlo
Member
Offline
Activity: 798
Merit: 10
|
|
November 19, 2018, 07:25:43 AM |
|
I think when last bitcoin mined, bitcoin price will be very expensive and transaction fee getting more higher than right now. It could be bitcoin holder will never wont sell their bitcoin because the supply reducing a lot. Miners maybe getting reward from the transaction fee
|
|
|
|
|
|
RokokGudangGaram
|
|
November 19, 2018, 07:34:39 AM |
|
of course the price of bitcoin will soar very high because with the bitcoin supply getting little, the faster bitcoin will also experience a super high increase so the price of the value of bitcoin will be expensive
|
|
|
|
goldengold5
Newbie
Offline
Activity: 28
Merit: 0
|
|
November 19, 2018, 07:38:34 AM |
|
So I was reading an article about the future of Bitcoin, trying to understand what will happen when the last bitcoin has been mined (from a technical perspective). https://coinlu.com/what-is-the-future-of-bitcoin/So if we do the math, the last Bitcoin should be mined sometime in the year 2140 - all of us will be dead by then. However, what do you think will happen and what can we compare the event too? You are thinking too much. Just think about Bitcoin in near future because you will not live until 2140  |
|
|
|
|
|
Malam90
|
|
November 22, 2018, 02:41:28 PM |
|
2140 year is far away from this 2018. It is almost impossible to think now for 2140 from now rather we have to work on leaving think. We know Bitcoin is limited to 21millions, its mined will be ended in 2140. Time will say what will happen.
|
|
|
|
|
Jet Cash
Legendary
Offline
Activity: 2716
Merit: 2456
https://JetCash.com
|
|
November 22, 2018, 02:51:49 PM |
|
Craig Wright (jnr) will creaate a fork.
|
Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys |
|
|
OkaNobu
Newbie
Offline
Activity: 11
Merit: 0
|
|
November 22, 2018, 07:21:03 PM |
|
As supply gets depleted, demand now rises and prices will go up! Miners will benefit mostly with of transactions fees. The coin might stabilize as well as time goes by |
|
|
|
|
|
