Possible scenario when all Bitcoin is completely mined.

[r1s2g3]

OP, I believe the "drama" will start after two halvings. There will be some "influencial" people from the community who will start a "campaign" for a hard fork to change the reward schedule, but without inflating the supply.

I will say it now, "I told you so".

I do not think we are very near , we can survive till the mining rewards are greater than .5 BTC , atleast more than a decade. Bitcoin already crossed 20 years of its existence till that time. If there is no volume then we do not have to bother anything but we need to work to scale the original network so that transaction volume and fess can make it up for it. This is not a new problem and Satoshi already commented on it.

Right.  Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating.  In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes.  I'm sure that in 20 years there will either be very large transaction volume or no volume.

[daarul50]

The impact you mentioned is more likely to be the price that will occur to bitcoin when it is fully mined and this kind of assumption has been said by many people in this forum because they only think of the benefits that will be obtained if the price increase occurs.

I will see from a different perspective when Bitcoin has been fully mined. The impact that I will mention may not happen because this is only a thought in the person. maybe bitcoin will experience stuck in a few moments when it happens, and the developers or users will find a solution to preserve the bitcoin ecosystem so that it doesn't experience destruction.

Adoption of technology is one solution to maintain bitcoin and technology so that it does not stop. I am also curious about the scenario of what bitcoin developers will do when that happens.

[Carlton Banks]

Unless it's a bug or something that threatens impending doom for Bitcoin, a hard fork will never get consensus.

hard forking bugs out of Bitcoin (not serious bugs though) do have some consensus, but it's unlikely to happen anytime for a while because of how unimportant they are. But that means there are hard forks that could get consensus.

[denzkilim]

Let's say "let's cross the bridge when we get there". Very difficult to see what will happen, maybe the price will go to $1 million or go to 0. We even have difficulty predicting what's going to happen in the next year or so, what's more 10-20 years from now?

It is hard to predict but we are living in a world that is full of predictions and speculations(crypto world). If you look from left to right you'll see analysts, experts, crypto enthusiasts, traders, and a lot more are predicting what will happen, so it is not a bad thing to predict based on our own point of views on what is going to happen next.

...I think that the price of Bitcoin will start to soar at that time without any manipulations because the demand will start to get high because miners will surely not sell their mined Bitcoin's at a lower price. ...

I disagree with your reasoning:

1. "demand will ... get high because miners will ... not sell"

That's a common misconception. Lack of supply does not create demand.

2. "miners will surely not sell their mined Bitcoin's at a lower price."

That's wishful thinking. People sell at a loss all the time. There is no reason to believe that miners won't. Miners must sell bitcoins to pay bills. They can't simply hold if they are losing money.

Anyone can disagree because we all have different points of view on things. And you have a big point on what you are saying.

[killat]

Thanks to the frequent halvings we'll not be alive when this will gonna happen.

Nobody knows what will happen then, but we shouldn't care too much anyway:)

[maldini]

My view is almost the same as yours, when bitcoin is not mined and supply has run out, the demand for the market will be higher while the supply is low and this will increase the price of bitcoin significantly. So from now on, I will buy to invest before that time arrives

[jakelyson]

I think I will leave this problem to the people who will be alive when this happens. It will happen in almost a century from now, and I do not think I will be alive by then. If this will scenario will put bitcoin in bullish, or bearish or dead, I am sure bitcoiners of that time will be able to handle it.

[PointHope]

We are currently seeing an evolution of AI. Likely bitcoin will become part of the AI substructure around the globe. Gen 4 nuclear power will be everywhere, and the power will be basicaly free.
The  current unsustainable culture of materialitic greed will also change to something more spiritual and in harmony with nature, which would also fit with the truth honest accountability and immutability of bitcoin.
Bitcoin is definately going to be part of our future planet earth.

[KennyR]

My view is almost the same as yours, when bitcoin is not mined and supply has run out, the demand for the market will be higher while the supply is low and this will increase the price of bitcoin significantly. So from now on, I will buy to invest before that time arrives

Well said, the market is completely on the demand to the supply availability. When the mining has run out the mined coins will be there into circulation, but continued adoption will keep them prioritized in getting bitcoin. This will surely create an increase in demand for the limited number of bitcoins in the market circulation.

[traderethereum]

I never thought about if bitcoin was completely mining because that will be too long to see what will happen and I don't know if we could still see that things happen or not. There will too many predictions or speculating or opinion from people, and we don't know which one will be true. But the scenario is bitcoin price will increase higher because the supply will be less than the demand.

[Sithara007]

Mining will go on until 2140 (i.e if there are no hard forks). But I am not sure about the second part. In case Bitcoin survives for another 125 years, then the users will make sure that the mining remains profitable. It can be done through several ways. But the most likely option is to increase the total supply by a small amount through a hard fork.

[Carlton Banks]

the most likely option is to increase the total supply by a small amount through a hard fork.

no it's not, that's the least likely option

[okala]

The bitcoin system is desine that it will play a very two important role that is the investment role or the  currency role because there will never a time where the total bitcoin will be minded because it an inflationary tool.

[denzkilim]

My view is almost the same as yours, when bitcoin is not mined and supply has run out, the demand for the market will be higher while the supply is low and this will increase the price of bitcoin significantly. So from now on, I will buy to invest before that time arrives

Nice we have the same point of view. But I don't think that we will be still alive when the time that all the Bitcoin's are completely mined because it will be around the year 2140 and I assume that everyone in this forum today will be dead at that time and our great-grandchildren will witness that day when all the Bitcoins are mined.

I think I will leave this problem to the people who will be alive when this happens. It will happen in almost a century from now, and I do not think I will be alive by then. If this will scenario will put bitcoin in bullish, or bearish or dead, I am sure bitcoiners of that time will be able to handle it.

Yeah, no one in this forum will be alive at that time to see that awesome event of Bitcoin and it will surely be a big history in the crypto world at that time.

[MiguelCryptoss]

My view is almost the same as yours, when bitcoin is not mined and supply has run out, the demand for the market will be higher while the supply is low and this will increase the price of bitcoin significantly. So from now on, I will buy to invest before that time arrives

I have thought that possibility also and think of the end result, if Bitcoin is completely mine. In my conclusion as ours, there will be a very high demand for the said Bitcoin and will not be obtainable by lower class individuals. Better still, this is the right time to secure some fraction of Bitcoin for the future.

[BitBite5]

To my opinion when all bitcoins are mined the market will change. Demand will rise and so the price. Maybe not at the very beginning but with time that is for sure.

[Astvile]

2 things can happen if all bitcoins is completely mined,it is this two situation first is bitcoins price will began to stabalize and go higher in a slower phase since whales can hoard them and manipulate price,second is if the whales do hoard and eventually and totally manipulates the market which will more likely be a cause of death for bitcoin

[bhabygrim]

For me the possible scenario would be the price would be more stable and would be really expensive.
The miners would only get profit from the transaction fee's and the cost for each transaction would surely be high .

[btc78]

I've been thinking of some possible scenarios that will happen when all Bitcoin is completely mined and miners will be depending on transaction fees of Bitcoin. I think that the price of Bitcoin will start to soar at that time without any manipulations because the demand will start to get high because miners will surely not sell their mined Bitcoin's at a lower price. At that time the circulating supply and total supply of Bitcoin is completed and there will be no more Bitcoin's created or produced. In my own point of view, this is some kind of another bullish event if we reached this point of time(when all BTC are mined).

What do you think?

All remaining bitcoin cannot be mined for even 100 years so what you are asking is beyond our concerns because for sure we will die first before then

And even if time comes all bitcoin will be on hands of miners there are already option for us because thats why alternative cryptocurrency was created to backed up

[dentolas]

well, speculation can take you a long way... 
It is a subject that has been debated many times and the fact is that things change so fast, especially around crypto, that when we reach next century who knows what the main cryptos will be, who knows if BTC will still be used... just look at 100 years back and look at tech evolution (and this is without crypto)...
anyway, some coins are now reaching that point... I think it is the point where one of the major differences to fiat will arise... and it will work or not... your scenarios of higher demand and less offer depend on one thing: useability... without it the coin will dissapear.
fiat system has survived only due to the possibility of endless money printing ... it will be a true test for crypto