90% is already there, only 10% is left

[onecall123]

This is at least some good news in this red day! More and more people will be joining the 21 million club. There are still 10 percent of bitcoins left to be mined after almost 12 years of mining. Using the equations in another article, it will take another 119 years to reach the maximum. Although Bitcoin's popularity is reaching record highs in the midst of increasing inflation globally, it is still a mystery for the majority of people. Bitcoin's independence, accessibility, and scarcity are still not well understood by the majority. Imagine how things will be if Bitcoin becomes more accessible.

[1715676615]

1715676615

[Coin_trader]

you are right, the 90% bitcoin already mined, so there are only 10% bitcoinin the world that can be mined, you need to know that the diff increasing. so 10% will be fully mined in a very long time, and if its already mined 100%, i think the price of bitcoin will increase, because the demand will be higher than the supply. am i right?

Actually you just completely repeat the OP whole content. Maybe you should read it before you make any post on any thread. Besides that, there's no guarantee that the price will increase after that since its only 10% iand it will took 100 years to mine that, So the price increased will happened gradually and not by an instant once the last Bitcoin mined. There will be a lots of roller coaster ride for the price so we can assure that price will gonna be up when that time comes.

[joker_josue]

Imagine how things will be if Bitcoin becomes more accessible.

If it becomes more accessible (which should happen in the near future), it will necessarily have to improve. First because it's harder and harder to get Bitcoins without buying, and second because there's less and less Bitcoin to mine.

So the main way to get Bitcoins is to buy them, and that will force an appreciation. Because the more adopted Bitcoin is in everyday life, the more people who have Bitcoin will not want to sell. So whoever wants to buy will have to be willing to make a bigger investment.

Of course, there will come a point where the value of Bitcoin, against fiat currencies, will settle down. But at that time the value of Bitcoin has to be significantly high, so that its use in everyday things is viable.

[AakZaki]

as bitcoins continue to reach new ATH bitcoins are increasingly appreciated and in demand by users all over the world. this proves that bitcoin is capable of becoming a new digital asset that changes the way transactions are revolutionary.
There will be many prospects in the future that take advantage of bitcoin. Some countries are starting to accept bitcoin well and make it legal tender. 10% of the remaining supply will of course continue to be mined and continue to decrease, this will make bitcoins increasingly rare and increasingly sought after by many people. Good future for bitcoin.

[pinggoki]

you are right, the 90% bitcoin already mined, so there are only 10% bitcoinin the world that can be mined, you need to know that the diff increasing. so 10% will be fully mined in a very long time, and if its already mined 100%, i think the price of bitcoin will increase, because the demand will be higher than the supply. am i right?

That's not going to be happening in our lifetime so I don't see how we should celebrate it, maybe our children will be able to enjoy that and hopefully they will be able to appreciate bitcoin. I think that when the continuous increase in the population and with more people learning about cryptocurrencies, the possibility of growth is limitless, it's just a matter of demand.

[bL4nkcode]

So close yet so far, huh.

Bitcoin will only be a success within a success if the price will be stable already with low volatility regardless of the high fees for that time. Of course, it will take so much time and acceptance of different government first.

[Gyfts]

They do not realize how scarce it is.  Most bitcoin owners have no idea.

There'll need to be a lot more mass adoption for scarcity to cause the price to increase, significantly.

Instead of a near 20 million coins, the Bitcoin protocol could have called for a mere 1 million coins, or 2 million coins (number doesn't matter) to be mined over a set time. Supply and demand would predicate the price to be higher by virtue of there being less available coins. So while there might not be enough full coins to go around, that doesn't play into scarcity unless the demand shifts up. For that to happen, I'm thinking there'd need to be a few large currency fails in order to cause mass adoption, and we're a bit far from that as of today.

[takngantuk]

Do you think it will be now that Bitcoin starts to appreciate even more?

highly valued, bitcoin already has a special place now, its role is very important. The topic of discussion about bitcoin or crypto is always hot, and this proves how much bitcoin changes people's minds.

What are your prospects for the next few years with regard to Bitcoin?

I wish the regulations weren't too restrictive of bitcoin and crypto. it is better for countries to start opening up with this technology. and start to stop thinking that crypto is like a disease. if this happens mass adoption will probably increase by leaps and bounds to a level I can't imagine.

[davis196]

The remaining amount of Bitcoins to be mined doesn't matter at all.
Only the BTC noobs get fascinated by such data.Does it matter,if the total BTC in existence will be 15 million or 18 million?It doesn't matter to me,for sure.
The future of Bitcoin remains unclear,not because of the BTC community and blockchain,but because of the governments and central banks.You never know when some big country is going to declare Bitcoin and crypto illegal.The FUD will remain forever and the prices will remain volatile forever.
It's pretty easy to predict that the Bitcoin price will be going to the moon,if there was no FUD and the BTC adoption continues.However,this is not the case.

[Wawa2013]

The remaining amount of Bitcoins to be mined doesn't matter at all.
Only the BTC noobs get fascinated by such data.Does it matter,if the total BTC in existence will be 15 million or 18 million?It doesn't matter to me,for sure.
The future of Bitcoin remains unclear,not because of the BTC community and blockchain,but because of the governments and central banks.You never know when some big country is going to declare Bitcoin and crypto illegal.The FUD will remain forever and the prices will remain volatile forever.
It's pretty easy to predict that the Bitcoin price will be going to the moon,if there was no FUD and the BTC adoption continues.However,this is not the case.

I'm also one of those people who don't really care about the remaining Bitcoin to be mined, maybe because I don't mine Bitcoin. What I care
about is where Bitcoin will go, it will be affected by how the government will take a stance on Bitcoin, the more countries that adopt Bitcoin
will make the price of Bitcoin skyrocket. Likewise, if more and more countries declare Bitcoin illegal, it will make a lot of people panic and
sell their Bitcoin massively. Eventually the Bitcoin price will dump, and I hope that doesn't happen. Bitcoin's future is hard to predict,
but so far it's going pretty well. While more countries are neutral, at least very few countries have actually declared Bitcoin illegal.
Hopefully, more countries will follow in El Salvador's footsteps that legalize Bitcoin as a legal tender. So the price of Bitcoin will continue to rise.

[Ararbermas]

We are wondering what will happen to bitcoin if its all done, i mean totally mined..?perhape it just circulating wherein those mined will not be lost wherein it will keep floating in the space and still working how the way it works, especially those lost wallet and satoshi wallet that becomes so popular in the internet because of the amount of it, so perhaps for that reason bitcoin will not last. Just saying.  

[Rufsilf]

you are right, the 90% bitcoin already mined, so there are only 10% bitcoinin the world that can be mined, you need to know that the diff increasing. so 10% will be fully mined in a very long time, and if its already mined 100%, i think the price of bitcoin will increase, because the demand will be higher than the supply. am i right?

Yes exactly! But that 10% remaining will somehow be difficult to mine as the block will be much more difficult to solve, as the OP said it would take several years or even decade if possible to mine that remaining 10%. But somehow bitcoin will remain the most trusted and will break many all time highs along the way as the supply is very limited. Also the fiat are depreciating because of the inflation so what will likely to happen is more and more people will start to choose crpytocurrencies over fiat especially bitcoin.

[pieppiep]

We are wondering what will happen to bitcoin if its all done, i mean totally mined..?perhape it just circulating wherein those mined will not be lost wherein it will keep floating in the space and still working how the way it works, especially those lost wallet and satoshi wallet that becomes so popular in the internet because of the amount of it, so perhaps for that reason bitcoin will not last. Just saying.  

Bitcoin will be rare in the market because only some people or companies will have a large bitcoin. Maybe in that time, the price can be at the very highest price that we never think because bitcoin has become rare. It is still too far from this and we do not even know whether we are still alive to see that will happen in the future. If so, we can witness the bitcoin history that we are part of the early adopters. But I never think much about that instead just think about what I can do now before it is too late.

[Ultegra134]

We are wondering what will happen to bitcoin if its all done, i mean totally mined..?perhape it just circulating wherein those mined will not be lost wherein it will keep floating in the space and still working how the way it works, especially those lost wallet and satoshi wallet that becomes so popular in the internet because of the amount of it, so perhaps for that reason bitcoin will not last. Just saying.  

We probably won't be alive to see that, mining difficulty rises as times goes by, with more and more blocks being mined. Definitely, the supply of BTC is limited and has been severely impacted, with millions of coins being lost on the blockchain forever. Thus, the available coins are way fewer than the 19 million, currently in circulation.

I bet that in a few years, for that same reason, the price will skyrocket, becoming

[savetheFORUM]

Do you think it will be now that Bitcoin starts to appreciate even more?
What are your prospects for the next few years with regard to Bitcoin?

Yeah, there are possibilities for bitcoin to grow in exponential incoming days by considering the supply against rapidly increasing demands. At the same time, I was expecting bitcoin to be increasing at least 5x from its ATH of 2017 this year but it failed and delivered only around 3x growth so far in 2021.

Like many people here, I am also confident about having bull run in 2022 which might take us to similar growth which could be above $100k levels. People who are holding must be enjoying and we should take them as a role model to follow.

[LUCKMCFLY]

Do you think it will be now that Bitcoin starts to appreciate even more?
What are your prospects for the next few years with regard to Bitcoin?

Yeah, there are possibilities for bitcoin to grow in exponential incoming days by considering the supply against rapidly increasing demands. At the same time, I was expecting bitcoin to be increasing at least 5x from its ATH of 2017 this year but it failed and delivered only around 3x growth so far in 2021.

Like many people here, I am also confident about having bull run in 2022 which might take us to similar growth which could be above $100k levels. People who are holding must be enjoying and we should take them as a role model to follow.

Everyone expects this result and at the same time it is something bad, always in every speculative market the whales if they manipulate the market according to people's emotions and if everyone expects the BTC to reach $ 100k or more, it is most likely that it will not succeed , because the whales' plans are much more intelligent than the rest, it will probably drop in price and when they are all in the Short position is when they will make the BTC explode, just to buy and skip all their Stop Loss and be able to earn much more when they decide to raise the BTC.

[barabarian1]

holder will win if 10% mined. i mean, bitcoin be good field now, people still find to get it as much as they can. and when the last piece of bitcoin mined, this no other bitcoin to be mine. holder have big advantage than other, and become something big bomb to crypto user.
 

We are wondering what will happen to bitcoin if its all done, i mean totally mined..?perhape it just circulating wherein those mined will not be lost wherein it will keep floating in the space and still working how the way it works, especially those lost wallet and satoshi wallet that becomes so popular in the internet because of the amount of it, so perhaps for that reason bitcoin will not last. Just saying. 

We probably won't be alive to see that, mining difficulty rises as times goes by, with more and more blocks being mined. Definitely, the supply of BTC is limited and has been severely impacted, with millions of coins being lost on the blockchain forever. Thus, the available coins are way fewer than the 19 million, currently in circulation.

I bet that in a few years, for that same reason, the price will skyrocket, becoming

the price will be fantastic if they mine all btc, news will lively, people exited about what is the next move.

[josephdd1]

On December 13, 2021, 90% of the total Bitcoin supply was mined.

It took 12 years for 18.899 million units of the main digital currency on the market to be extracted. However, the remaining 10% should take around 100 years to enter into circulation.

From 90% already in circulation, about 3.7 million Bitcoins are reported as "lost", due to users losing their password or the death of the holders.

Do you think it will be now that Bitcoin starts to appreciate even more?
What are your prospects for the next few years with regard to Bitcoin?

Bitcoin is limited and this fact gives additional value to it. Everything that is not infinite is appreciated much more. As for the nearest future, I think that Bitcoin will be adopted as a means of payment by more and more companies and countries with a weak economy. The price that I predict for Bitcoin is around 200 000$.
Actually, I don't know when the last Bitcoin will be mined as mining difficulty rises within time.

[Dhaniii]

We are wondering what will happen to bitcoin if its all done, i mean totally mined..?perhape it just circulating wherein those mined will not be lost wherein it will keep floating in the space and still working how the way it works, especially those lost wallet and satoshi wallet that becomes so popular in the internet because of the amount of it, so perhaps for that reason bitcoin will not last. Just saying.  

We probably won't be alive to see that, mining difficulty rises as times goes by, with more and more blocks being mined. Definitely, the supply of BTC is limited and has been severely impacted, with millions of coins being lost on the blockchain forever. Thus, the available coins are way fewer than the 19 million, currently in circulation.

I bet that in a few years, for that same reason, the price will skyrocket, becoming

I think mining btc never stops as long as bitcoin transactions are still around. even though the mining analysis assumes that the remaining 10% is still there, it doesn't run out unless bitcoin is dead and no longer transacting. the future prospect of bitcoin is that there are more and more enthusiasts and the greater the level of transactions, especially when some countries plan to make bitcoin a legal medium of exchange, the transaction rate can no longer be contained.

[Monochroic]

I agree that all the bitcoins are not mined yet. But what we already have is also not that less since there are not many people who buy and sell cryptocurrencies the way they do international currencies.