Perindu (OP)
Newbie
Offline
Activity: 9
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 08:41:57 AM |
|
I forgot the article that says about this. but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
|
|
|
|
Rikotin
Jr. Member
Offline
Activity: 296
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 08:56:23 AM |
|
how did 2140 bitcoin run out ?? for now, only less than 15 years, there are only 20% if we accumulate from a stock of 21 million coins. 21 million x 20% = 4.2 million coins. this is more or less the rest and already in the mine is 16.8 million coins. 16.8 million coins were mined in less than 15 years, exactly 10 more years, if the average bitcoin per year in the mine reaches 140 thousand coins or 1,680 thousand per year from early bitcoin.
and in my opinion nobody knows when bitcoin will run out. every second there is always an exchange with this coin. but if it's true that bitcoin will run out and most likely have an impact on the price of bitcoin which will soar, this is only my estimate, I hope I'm wrong.
|
|
|
|
semes
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 713
Merit: 31
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 09:11:16 AM |
|
I forgot the article that says about this. but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
If you take a look at Bitcoin's 10-year history, some of its actions are so fast, it's hard to think about 20 years from now!
|
|
|
|
cryptocompares
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 09:30:45 AM |
|
What's the difference? We won't live to see it. Personally, I think that bitcoin will replace something more innovative during this time. Do not forget about quantum computers that can hack private keys.
|
|
|
|
WalkerIVIV
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 10:18:34 AM |
|
What's the difference? We won't live to see it. Personally, I think that bitcoin will replace something more innovative during this time. Do not forget about quantum computers that can hack private keys.
Quantum computers are only in your dream. there was a lot of experts are saying we have a lot of algo that already quantum resistance. The possibility of quantum to hack privatekey is very small. Don't worry about that.
|
|
|
|
Prettygirl01315
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 10:19:11 AM |
|
We dont even know that we are alive on that time ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) OP try to make some topic that is impossible to happen. You just making a meme or just trolling the altcoin discussions
|
|
|
|
rafajunior99
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 10:57:19 AM |
|
I have never seen or read about an article that discusses bitcoin which will expire in 2140, so I cannot answer or provide information about the wrong or correct related to it, at least you have to provide an article link to discuss this so that everyone here can react well.
Yes, I have also never found a discussion article about this, but I once knew and heard the story that Bitcoin was deliberately limited to making it easier for everyone to be mined later. I am also not sure whether it is true or not, I only listened to stories from people about it and did not know the truth until now.
|
|
|
|
pishite
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 11:17:54 AM |
|
There is only one thing, have already invented a quantum computer, and as soon as they start using it at 100%, then bitcoin mining will become so fast that it’s not possible to talk about some 100 years. Since the team bitcoin still does not want to solve the problem with asic, we should expect in the near future 10-20 years of falling course, but for now there is a chance to make good money.
|
|
|
|
Peanyut991
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 287
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 11:27:33 AM |
|
I'm not sure about that, but today more and more people know bitcoin and altcoin so that the bitcoin miners are also increasing. If that keeps happening, I think the opinion about 2140 bitcoin is running out will really happen.
|
|
|
|
Loedong
Jr. Member
Offline
Activity: 378
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 11:31:07 AM |
|
To be sure, I just heard the news about the article that you mean, related to the bitcoin stock that you mean, I think only time will answer, but if you see from the supply of the number of bitcoins at this time it seems that Bitcoin will never run out, even though the supply is always decreasing day.
|
|
|
|
ned.ryerson
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 11:31:13 AM |
|
There is only one thing, have already invented a quantum computer, and as soon as they start using it at 100%, then bitcoin mining will become so fast that it’s not possible to talk about some 100 years. Since the team bitcoin still does not want to solve the problem with asic, we should expect in the near future 10-20 years of falling course, but for now there is a chance to make good money.
this is the main value of Bitcoin. no one can increase its number. thanks to this, BTC price will constantly increase
|
|
|
|
yokai21
Jr. Member
Offline
Activity: 262
Merit: 2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 11:35:38 AM |
|
yes, the bitcoin will continue even in 2140 because of the large number of investors here so I'm sure that it is still the crptocurrency leader even at this time because the only bitcoin is big potential.
|
INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0)
|
|
|
robelneo
Legendary
Offline
Activity: 3346
Merit: 1214
Payment Gateway Allows Recurring Payments
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:01:31 PM |
|
I forgot the article that says about this. but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
Bitcoin is only ten years old and yet so many things have happened after it's creation, now it's hard to do an analysis and prediction over 100 years, we do not have an idea what would be the landscape of the internet and our world by that time, we must take it year or at least make a prediction or analysis, where we can have a grasp of reality.
|
|
|
|
eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:12:37 PM |
|
How is this related to altcoins? Weird to post this in Altcoin Discussion. But yeah, that's when the last Bitcoins will be mined. From that point forward, miners will be rewarded with the transaction fees included in every block mined. Working as intended... Nothing weird about it
|
|
|
|
pedpedped101
Jr. Member
Offline
Activity: 552
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:13:28 PM |
|
The world we are in will Also one day runout. So i won't dispute the fact that bitcoin can runout and that there will be nothing to mine again.
In order to control this, a update that we all know is coming up, which is bitcoin halving. So his will increase the shelf life band prevent it from running out so soon. So if its running out in in 20 years time for instance, it will be doubled and in 40 years time, which is a good strategy.
|
|
|
|
regalis
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 308
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:16:49 PM |
|
I think all of these are just more on expeculations, nobody could really say how long this BITCOIN will run out. For now, we will just continue to work and hopefully this would not stop as everyone don't want to happen.
|
|
|
|
btc_angela
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:19:21 PM |
|
I forgot the article that says about this. but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
Do you mean all bitcoin are going to be mine in 2140? Yes, that is correct and we may not see that day. However, we are already closer than you think. Circulating supply is almost 18 million now. Obviously, supply are going to dwindle, and if there are more demand the price could sky rocket in the future.
|
|
|
|
izanagi narukami
Legendary
Offline
Activity: 2030
Merit: 1028
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 12:22:03 PM |
|
I wondering if bitcoin already running out, the demand still greater as much as now, we can see 1 satoshi worth as $ 1 Of course anything can happen from government's policy until any regulation that support or against the crypto.
So if you already made some profit, it's better to keep it in your pocket
|
|
|
|
omone1
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 845
Merit: 52
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 03:29:11 PM |
|
This is when block rewards for miners will stop, which is still pretty a far years to come. So miners will have to rely on transaction fees as a reward to keep the ecosystem running, before then, the price of bitcoin must have been high and reward will remain very attractive for miners.
|
|
|
|
wywoc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2019, 03:32:36 PM |
|
I forgot the article that says about this. but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
Yes, According to the source code written by Satoshi Nakamoto, then we will not exploit the new blocks of BTC. But, maybe no one here can live until that day ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
|