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Author Topic: How much Bitcoin will be circulated within 2030?  (Read 346 times)
Kakmakr
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February 22, 2019, 05:42:23 AM
 #21

I think after 2030 the circulation of bitcoin will be around 225.
The total supply of BTC- 21 million. What did you mean through 225?

Is it true? then whether bitcoin can return to the way it used to when the circulation continues to fall.
There will be many miners who choose to stop mining bitcoin if this is the case, and the bitcoin forecast will develop 10 years later will be lost
Bitcoin halving occurs every 210000 blocks. Current reward per block is 12.5 bitcoin. The next halving will occur in May 2020 and reward per block will be 6.25

Nobody is asking this question.  Huh  Why do you want to know this?   Remember the reward per block will decline, but it does not mean that the supply will decline too, because people might be more willing to sell the coins that they are hoarding now, because they would get more money for it in the future. <Scarcity increase = Higher price>

Every Halving is a reminder for the average Joe, that less bitcoins might be available in the future and that prompts them to collect more.  Grin

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February 22, 2019, 06:08:39 AM
 #22

Bitcoin's 2030 supply will be about 20 million. Bitcoin's 2030 and price I think it will hover between $8,000-$10,000.

RapTarX (OP)
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February 22, 2019, 10:40:52 PM
 #23

Nobody is asking this question.  Huh  Why do you want to know this?
It's because I'm trying to know more about bitcoin and learn how the total bitcoin eco works. I'm also creating a short analysis on bitcoin and its future. Probably I will come up with a survey soon.

karloscimot
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February 23, 2019, 01:10:36 AM
 #24

by 2030 we can expect btc  circulation would be around 18 millions btc as per the per market and 11 years ahead bitcoin  would be short of 3 millions less in circulation
if all are in line with expectations without any obstacles then by 2030 can make bitcoin as a currency to replace the dollar. and if that happens it will create a very stable business world without any pressure from any country. Bitcoin circulation is very dependent on the business actor itself. for example, traders use bitcoin only as a deposit, then the bitcoin that circulates becomes a little, this can affect the price and bitcoin can be lost from circulation because all business people save their bitcoin without wanting to circulate it.

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February 23, 2019, 06:06:35 AM
 #25

Bitcoin circulation every 4 years will always decrease from half, and that will definitely happen to reduce the circulation of bitcoin, and I think after 2030 the circulation of bitcoin will be around 225.
Is it true? then whether bitcoin can return to the way it used to when the circulation continues to fall.
There will be many miners who choose to stop mining bitcoin if this is the case, and the bitcoin forecast will develop 10 years later will be lost

nothing about what you two said are correct.
the circulation of bitcoin does NOT decrease. it is constantly increasing. what is decreasing and the first person is confusing it, is the new coins that are being created. meaning in early days (the first ~4 year) 7200 new BTC was being created per day approximately, and after that it halved to 3600 and now it is 1800.
i don't know where he even brought 225 from!

as for the second comment, miners won't leave because price is also rising with this change. for example when the reward/day was 7200, price was less than a dollar on average. so it was $7200 per day.
now that it is smaller at 1800 reward/day they are earning more than $7 million on average per day.
and that will only increase with time as bitcoin grows.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 23, 2019, 06:15:35 AM
 #26

nothing about what you two said are correct.
the circulation of bitcoin does NOT decrease. it is constantly increasing. what is decreasing and the first person is confusing it, is the new coins that are being created. meaning in early days (the first ~4 year) 7200 new BTC was being created per day approximately, and after that it halved to 3600 and now it is 1800.
i don't know where he even brought 225 from!

as for the second comment, miners won't leave because price is also rising with this change. for example when the reward/day was 7200, price was less than a dollar on average. so it was $7200 per day.
now that it is smaller at 1800 reward/day they are earning more than $7 million on average per day.
and that will only increase with time as bitcoin grows.
Thank you for the clarification although I have had gotten this info earlier. Both of the persons didn't check the earlier discussion in this thread.
I'm afraid about the next few years. What if bitcoin got a crash within next few years? The block reward will be decreased to 900/day. Will it affect the miners? Provided that back in days when it was $7200 per day, the difficulty was lower than now.

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March 01, 2019, 04:04:32 AM
 #27


I feel it's a very lame question.it's not possible for anyone to predict the situation of bitcoin on 2030.we even don't know bitcoin will survive then or not.I rhink we shouldn't waste time thinking on this subject. Let's survive till 2030 first then think about btc.
shesheboy
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March 01, 2019, 04:15:54 AM
 #28

I feel it's a very lame question

why ? the guy is only asking and there is nothing wrong with that because the question is still related to bitcoin  . if you dont like it then leave it    . basic !

it's not possible for anyone to predict the situation of bitcoin on 2030.

we cant exactly predict the exact situation but we can predict the situation verry closely  .  fluctuations ware still there but the circulation of bitcoin will increase .

we even don't know bitcoin will survive then or not.I rhink we shouldn't waste time thinking on this subject. Let's survive till 2030 first then think about btc.

btc already survive for a whopping of ten + years  .  we also know the usefulness of btc and day by day  , the popularity of bitcoin is spreading like a wildfire  . these are only few of the factors that will tell that bitcoin will exist for a very long time  .
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March 01, 2019, 04:18:03 AM
 #29

I feel it's a very lame question.it's not possible for anyone to predict the situation of bitcoin on 2030.we even don't know bitcoin will survive then or not.I rhink we shouldn't waste time thinking on this subject. Let's survive till 2030 first then think about btc.
Didn't you check the replies after the OP? It's possible to predict and people have shared the info even. About survival, why do you think BTC will not survive till 2030? For me, it will survive because it has reduced a lot of lengthy process of transferring money, it's decentralized, you are free to use whenever or whatever.
Reason on your argument?

baghdatis1990
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March 01, 2019, 04:56:02 PM
 #30

       You refer to Bitcoin's mining production, not the Bitcoin daily circulation. Once every four years, Bithoin's mining production halves. Thus, in 2020, the half will be 6.25 BTC, and the next half will be in 2024. Thus, in 2024 there will be 3.125BTC.

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March 02, 2019, 06:17:22 AM
 #31

       You refer to Bitcoin's mining production, not the Bitcoin daily circulation. Once every four years, Bithoin's mining production halves. Thus, in 2020, the half will be 6.25 BTC, and the next half will be in 2024. Thus, in 2024 there will be 3.125BTC.
This has been mentioned several times in this discussion. I have to lock this thread now.

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