What will happen when all the Bitcoin have been mined

[Dsdaq]

What the you think will happen if all the Bitcoin have been mined?

[mocacinno]

This topic pops up every couple of weeks... Just use the search function instead of opening a new topic

Click on the magnifying glass at the top right corner, copy the title of this topic and paste it in the google search form of bitcointalk:

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[Alucard1]

It will take so many years before all 21m bitcoin will be mined but if this would happen, the price of the bitcoin will increase which results in an increment in the transaction fee as well.

There are already many threads related to this one, you may find some good answers here:

https://bitcointalk.org/index.php?topic=5258207.0
https://bitcointalk.org/index.php?topic=5128657.0
https://bitcointalk.org/index.php?topic=5191418.0
https://bitcointalk.org/index.php?topic=2065266.0

[mk4]

By that time, what will hopefully happen is that Bitcointalk members would finally learn how to use the search function before posting.

[jackg]

Fees will overtake the reward before it becomes zero. That is if bitcoin is still a thing with its 21 million limited supy and the devs and minders don't decide a different fate of the main chain.

[fiulpro]

Two things might happen:

1. People might finally start using the satoshi and mini Satoshi for good due to increasing price
2. People might move on to other cryptocurrencies since they believe bitcoins have reached his full potential, it would essentially mean the developers can try and push the limit of the highest number of bitcoins that can be mined.

-*-

I do believe that bitcoins will continue to increase in price due to demand and supply. People who are holding bitcoins since the beginning would actually be benefited. It would be a positive phenomenon for the long term holders.

We have to wait till the year 2140 to see what would actually happen.

But before all this there would be adjustments needed in the code to make sure everything works perfectly. Since in the year 2106 it would be dead if the already known bug is not fixed.

[MShow]

Two things might happen:

1. People might finally start using the satoshi and mini Satoshi for good due to increasing price
2. People might move on to other cryptocurrencies since they believe bitcoins have reached his full potential, it would essentially mean the developers can try and push the limit of the highest number of bitcoins that can be mined.

-*-

I do believe that bitcoins will continue to increase in price due to demand and supply. People who are holding bitcoins since the beginning would actually be benefited. It would be a positive phenomenon for the long term holders.

We have to wait till the year 2140 to see what would actually happen.

But before all this there would be adjustments needed in the code to make sure everything works perfectly. Since in the year 2106 it would be dead if the already known bug is not fixed.

Of course, we will not live until 2140, but even if this happens earlier or there are very few bitcoins, there is no reason for miners and bitcoin owners to worry, I think the situation for them, on the contrary, will improve.