WHEN THE LAST COIN HAS BEEN MINED.

[Betwrong]

~ Even if no more coins are mined, there will still be a supply. There will always be people who are willing to sell their bitcoins -- that's the definition of supply.

Furthermore, demand (and price) would not "instantly rock up". Scarcity does not affect demand. People won't want to buy more bitcoins just because they are no longer produced.

I agree, only for that reason they won't. Theoretically they could want to, if because of the hype, like it happened with CryptoKitties, having 1 BTC was in vogue, and the rich would buy it just to brag in front of their friends that they have one. I still don't discard that possibility completely, but I think that it is much more likely that the price of Bitcoin will be rising because of its utilization. If you want to pay for some goods and/or services with BTC, you should buy the currency first, right?

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[HighRed]

The reward is always halved every once in a while so theoretically it would take forever to mine every single coin in existence but because of technical limitations, there might be a limit to how many digits the lowest denomination can have. In that case, the last coin will be mined and the full supply of coins will be in circulation. However, that's not the only way miners make money. They also get miner fees, and as the reward goes down, they go up. So nothing will change much in the end, maybe the coin prices will go up, just like how it usually is with every halving.

[Tonteus]

The price will soar, that's what will actually happen, a limited number of bitcoins will only increase the appetite of investors

[lixer]

It hasn't happened yet, so don't think about it now

That is the fact, we are talking of something that might not happen until year 2140 which majority of us would have been dead by then, and even the oldest that manage to stay alive them will not even have the strength and the memory to think of it, and that would be for the other generations that are in the future. Although that year quoted is still something I don't want to believe yet even if we have formula that has showed that, I think bitcoin can even be mined far before then when there is very high level of adoption.

Let us assume that the government of the world really approve bitcoin to be the cryptocurrency of the world, the number of people that we have in the world is more than enough to make the last bitcoin to be mined within the shortest possible time even at 50 percent adoption.

[henmark]

We don't know what will actually happen if all coins were already mined and we'll never find out cause we're already dead by that time. But if all bitcoin were already mined, bitcoin will still continue circulating and to be used for trading. No more bitcoin to be mined doesn't mean it's already the end. And I think during that time, bitcoin will be more valuable.

That is what many people have said, they have calculated the last bitcoin to be mined as year 2140 which you already said that many of us would have been dead by then, but I believe that by that time, the value of bitcoin will really increase because what will be circulating in the market now would be coins that has already been bought and no one will be able to get mined coin again which would make the value of bitcoin to become so expensive.

Bitcoin would  be kind of scare by that time, and i think whatever investment we leave in bitcoin right now no matter how small it is, is what our generation them would bank on and always appreciate us for, which is why we need to keep our coin for long term investment that would benefit is and our generations.