What happens when there is no more Bitcoin available to buy?

[Theupdude]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

There is a risk that all the people charge in at the same time and therefore there is a pressure on the entire setup something like a city blackout. The distinction however is that Bitcoin is constructed in such a manner that it corrects itself, gradually by increasing mining difficulty and mining blocks so as not to collapse in its entirety. Heavy network traffic would be the real problem and extremely high fees provided too many people attempt to use it simultaneously. I am personally of the opinion that adoption should be in gradual rates rather than a rush because the system will be able to accommodate such movement.

[BADecker]

What happens when there is no more Bitcoin available to buy?


The price of Bitcoin would jump so high that only big nations could afford it. One of them would buy it all, and then burn it all, and that would be that for Bitcoin.

But the altcoins would just be starting on their way into the universe.

[Z_MBFM]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

If there is no buying and selling in the market, there is never a high and the value of this thing is not understood. It will never happen that there is not a single Bitcoin in the market to sell. Gradually, the investment in Bitcoin will increase a lot, more people will be attracted to Bitcoin and invest in Bitcoin and for this, the price of Bitcoin will only increase and it will be very expensive. Now those who are holding 0.1 Bitcoin will sell them due to high profits and will keep holding 0.01 Bitcoin and this will continue for the future. And the more expensive the price of Bitcoin becomes, the more the amount of Bitcoin available to people will decrease.

[Smartvirus]

What happens when there is no more Bitcoin available to buy?

The price of Bitcoin would jump so high that only big nations could afford it. One of them would buy it all, and then burn it all, and that would be that for Bitcoin.

What we could agree on here is that, the price of Bitcoin would go so high because, that’s the only way it could serve the world population that would be so demanding of it. Not because they want to hodl it but, because they want to circulate it for the purpose it was intended and that would be realizing the Satoshi Nakamoto dream of a decentralized digital currency.

While a nation buying it all and burning it is horse sh*t, it doesn’t solve the national debt which they’ve all been hooked on especially, America.

Bitcoin might just ease them of having to print fiat over and over and increase price of Bitcoin gives value to the say denomination. There you have it, happy!

[Hamza2424]

With only traders out there, the retailers wouldn't hodl as much BTC as they do.

Without traders, people wouldn't get the opportunity to get as much BTC as they can to trade back or hodl, so it's an eco that finds its own way, as on any market, really.

Bro I meant about retail traders not holders because retail traders don't hold at all they do trading and their main aim is to make trades in short time and make profit and exit and if they are making lose they still exit the trade and hunt more that's their main strategy they don't hold a coin for any longer.

Anyway, you are right, due to retail traders or holder the market is having high volatility and due to them holders got the opportunity to invest again for example when BTC was dumping big institutions are also behaving like retailers and they sold BTC and it dumped more but they were making these exchanges for short term profits or loss.

This gave a chance to long term holders to buy again and Micro Strategy bought $300 million worth of Bitcoin in that dump and due to the news it pumped again and the same retail traders bought again.

[BADecker]

What happens when there is no more Bitcoin available to buy?

The price of Bitcoin would jump so high that only big nations could afford it. One of them would buy it all, and then burn it all, and that would be that for Bitcoin.

What we could agree on here is that, the price of Bitcoin would go so high because, that’s the only way it could serve the world population that would be so demanding of it. Not because they want to hodl it but, because they want to circulate it for the purpose it was intended and that would be realizing the Satoshi Nakamoto dream of a decentralized digital currency.

While a nation buying it all and burning it is horse sh*t, it doesn’t solve the national debt which they’ve all been hooked on especially, America.

Bitcoin might just ease them of having to print fiat over and over and increase price of Bitcoin gives value to the say denomination. There you have it, happy!

The national debt is nothing. Trump could simply cancel it anytime. In fact, it would be beneficial to the US if he did it, and put money back under the US Treasury, directly.

[Franctoshi]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

You're talking about around the year 2140, the last Bitcoin halving schedule, when the last Bitcoin must have been mined completely, the price will definitely be on the increase because there's no more supply coming in, Bitcoin then becomes evidence of true a economics (law of demand and supply). Taking absolute effect.

[Solokan]

If, for example, no one is selling BTC, it will certainly make it difficult for someone to buy it, and ultimately, there will be no transactions. However, if that happens, it certainly indicates that Bitcoin is very valuable if no one is selling their BTC. And surely people who hold BTC already know that it would be a shame to sell it because they know the potential price of BTC in the future. Certainly, even if someone were to sell, they would certainly offer a very high price.

However, it seems unlikely that such an event will occur because, in my opinion, buying and selling activity will always exist, and it certainly doesn't matter whether the BTC supply is depleted or not. I think if the BTC supply were to run out, I think more people would want BTC, and many people would certainly set a high price to sell their BTC. Of course, transactions will always occur because humans need money, so buying and selling transactions will always occur. However, this is a good question, Op, because I also gained insight from the people who answered your question. 

[Gost ms]

When everyone in the world is aware of Bitcoin and almost everyone buys Bitcoin. Then the price of Bitcoin may increase a lot. But that does not mean that Bitcoin cannot be purchased or obtained. Bitcoin will always be available. For example, a person who invests in the long term will sell his accumulated holding after a while and his holding period will expire. In this way, buying and selling will continue continuously.

Currently, those who are thinking of buying but are buying because the price of Bitcoin is high. This is their biggest mistake. Because Bitcoin is still in its initial stage, there are still many people who are not aware of Bitcoin. When everyone invests, the price of Bitcoin may increase a lot. So without thinking about anything, continue to buy continuously by adopting the DCA method depending on your discretionary income.

[pancelot]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

I believe Bitcoin cannot "go out," as in the analogy of a city's electricity grid, because the Bitcoin network itself is decentralized and spread across thousands of computers worldwide. Its mechanisms and rules are also locked in perpetuity. As we know, there are only 21 million coins in total, with a halving mechanism every four years that will make the supply increasingly scarce over time. But this is precisely what will make its future much brighter: the more people are aware of its existence, the greater its value. In my opinion, Bitcoin is not just a technology, but a new foundation for global financial freedom.

[henry_of_skalitz]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

You're talking about around the year 2140, the last Bitcoin halving schedule, when the last Bitcoin must have been mined completely, the price will definitely be on the increase because there's no more supply coming in, Bitcoin then becomes evidence of true a economics (law of demand and supply). Taking absolute effect.

Unfortunately, we will probably not be able to see it with our eyes.

But I agree, many things can happen in a decade or so, not even talking about 100 years and more..

[DeathAngel]

That’s never going to happen because there are always sellers. There may be times that there are more Bitcoin on exchanges, there will be times when the number of Bitcoin available on exchanges is lower but there is never 0 Bitcoin sell orders & that will continue. For every buyer there is a seller.

[uefbv]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

If there is no buying and selling in the market, there is never a high and the value of this thing is not understood. It will never happen that there is not a single Bitcoin in the market to sell. Gradually, the investment in Bitcoin will increase a lot, more people will be attracted to Bitcoin and invest in Bitcoin and for this, the price of Bitcoin will only increase and it will be very expensive. Now those who are holding 0.1 Bitcoin will sell them due to high profits and will keep holding 0.01 Bitcoin and this will continue for the future. And the more expensive the price of Bitcoin becomes, the more the amount of Bitcoin available to people will decrease.

The price is getting higher and higher, people don’t have the money to buy it, and definitely can’t afford it.

[Faisal2202]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

A city's power supply has a limit; there are grids to provide basic electricity to all of the houses, commercial and other industries in a region; there are ways to provide them with electricity; however, a supply system can collapse for a variety of reasons, including increased demand, which causes an increase in load and collapses everything.

It will not collapse, instead, it will pump, as increased demand is a good thing for the BTC. More demand means the price will shoot up, and with more demand and better prices, people might be paying higher than the market price. For example, if the market price is stuck at $500k, but people would be making deals on p2p exchanges with their specific rates like at $600k or more, so maybe this way, the selling and buying will start, although it is not possible that the ones who have BTC won't sell, so if they won't be able to resist sellin.

[charrles]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

Those who are holding bitcoin , some of them will always be looking to sell some also depending on their needs. Think it of this way. There is lot of gold held by people. When they need money like for their children marriage and education, they sell it. Same way, there will always be people looking to sell bitcoin also based on current price and their own needs.

[SOKO-DEKE]

I don't think it's possible that one day there will not be Bitcoin available to buy, unless Bitcoin is no longer in existence, which I don't think is likely to happen in the near future, given the rate at which Bitcoin adoption is increasing day by day. So, there is no way that people will stop selling because there will always be points where each investor will reach a point to take their profits. As long as there is a seller, there will always be a buyer. So, the point is that as long as Bitcoin still exists, people will not stop buying and selling.

[uefbv]

I don't think it's possible that one day there will not be Bitcoin available to buy, unless Bitcoin is no longer in existence, which I don't think is likely to happen in the near future, given the rate at which Bitcoin adoption is increasing day by day. So, there is no way that people will stop selling because there will always be points where each investor will reach a point to take their profits. As long as there is a seller, there will always be a buyer. So, the point is that as long as Bitcoin still exists, people will not stop buying and selling.

What if Bitcoin reaches a certain saturation point?

[EarnOnVictor]

With so many people around the world buying Bitcoin, it’s like a city’s power supply system suddenly collapsing. I can’t imagine it. What do you think?

This cannot happen, and will not happen!

But let me go into fantasy with you, if it happens, then the price of Bitcoin will be unimaginable by then, maybe millions, or even billions...lol All that can be said is that the economics of too much demand must have pushed it to an insane price price that will be so difficult, or almost impossible for a single person to my 1 BTC again.

However, those earlier adopters will now be the riches people in the world, with an insane fortfolio to themselves.

[WatChe]

If there is no buying and selling in the market, there is never a high and the value of this thing is not understood. It will never happen that there is not a single Bitcoin in the market to sell. Gradually, the investment in Bitcoin will increase a lot, more people will be attracted to Bitcoin and invest in Bitcoin and for this, the price of Bitcoin will only increase and it will be very expensive. Now those who are holding 0.1 Bitcoin will sell them due to high profits and will keep holding 0.01 Bitcoin and this will continue for the future. And the more expensive the price of Bitcoin becomes, the more the amount of Bitcoin available to people will decrease.

This is just a hypothetical scenario where there is no Bitcoin available in the market for buyers. The Bitcoin marker never sleeps and that means there is seller and buyer available 24/7. What we are seeing right now is that institutes are also investing in Bitcoin apart from individuals and that means the demand of Bitcoin will increase as time progresses. With time people who are Hodling Bitcoin for long time will sale it to get profit and that will give buyers the option to buy it.

[2Pizza410000BTC]

Bitcoin is a commodity and will continue to be moving from one ownership to another to keep the network working. It's impossible for us to have a time that nobody will buy bitcoin again only if the network crash, which I know that the possibility of that happening is very slim. If a golden hand is holding, when he dies, his heir will sell those coins. Traders will always be in the market.

Bitcoin will always be in the market, Bitcoin will never shut down the network. Those who think that at some point the Bitcoin network will be shut down and Bitcoin transactions will not take place are completely wrong because Bitcoin transactions will continue to continue, Bitcoin transactions will never stop. Assuming that the day Bitcoin transactions stop, Bitcoin may have no value, but this is a fantasy that is never possible. Bitcoin will always be sold constantly and transferred from one wallet to another, where as you said, it will be transferred from one ownership to another. So Bitcoin sales will continue and there will be traders in the market, the sale will never stop here.