It's 2025 and almost 95% of Bitcoins Already Mined!

[GreatArkansas]

The estimated number of days to reach 95% of Bitcoin mined will be around 20 days!
Look how this magnificent art of Bitcoin.

It's like we are having a digital gold rush now! Basic economics.

We are almost near the 20 million mark in Bitcoin that has already been mined, and guess what, this does not matter as we can still buy any amount we want, regardless of it!

[UchihaSarada]

The estimated number of days to reach 95% of Bitcoin mined will be around 20 days!
Look how this magnificent art of Bitcoin.

It's like we are having a digital gold rush now! Basic economics.

We are almost near the 20 million mark in Bitcoin that has already been mined, and guess what, this does not matter as we can still buy any amount we want, regardless of it!

How is the 21 million Bitcoin cap defined and enforced?
What will happen to Bitcoin after all 21 millions are mined?
Bitcoin halving countdown but it has more information than a countdown.
Controlled supply.
Bitcoin equivalent network time. This thread of @fillippone shows an interesting information that is taken same data from Bitcoin controlled supply but describe it in a reversed way so that readers can feel how considerable harder of mining 1 bitcoin over time. Time files, halving happens and there will be more considerable time required to mine 1 bitcoin than in past years.

[Free Market Capitalist]

The estimated number of days to reach 95% of Bitcoin mined will be around 20 days!
...

We are almost near the 20 million mark in Bitcoin that has already been mined, and guess what, this does not matter as we can still buy any amount we want, regardless of it!

As a symbolic figure, I think the second one will be more important than the first. I think we tend to focus more on the fact that there is a million Bitcoins left to mine, which will happen within a year, than on the percentage.

Anyway, the lesson here is that every sat you stack today will be more valuable in the future, due to supply and demand.

[stompix]

It's like we are having a digital gold rush now! Basic economics.

It's the opposite and quite ironic if you talk about "basic" economics.
Gold rush was when everyone was just dipping a pan in the river and panning out gold, this happened with Bitcoin when you could claim full Bitcoins with just faucets, now where at the same level as gold, you mine it at tight profitability margins with heavy energy consumption equipment that is simply out of reach for the average Joe.

Also, gold rushes are not always positive, you're printing more money sometimes than the economy is ready to absorb, see the silver crash in the 16th century when Spain gained hundreds of tons of it from the colonies, ot the gold price drop in Egypt during the Mamluk rule when Musa did his pilgrimage.

[348Judah]

Either we like it or not, all bitcoin will be mind completely and we are not going to see anything changing after this so obvious about the market, volatity, profitability and the value in it, because bitcoin has always been found a consistent digital currency, when everything has been mined completely, the value would have also increased and then those that have invested in profits already, miners earning the more also from the transaction fees and the network being secured as always found trusted.

[_act_]

We are almost near the 20 million mark in Bitcoin that has already been mined, and guess what, this does not matter as we can still buy any amount we want, regardless of it!

Yes, there will always be buyers and sellers of bitcoin because it is a highly liquid asset and also with huge marketcap. But one thing about the scarcity is that the price will go up, that is what will encourage people to buy more and sell more. Bitcoin is already scarce already before all bitcoin will be mined and that is the reason the price has always been increasing.

[Sticky Bomb]

This tells us more about the scarce commodity that bitcoin is and since supply of new coins would continue to decline with every halving, it would continue to be scarce in the coming years which would be very instrumental to its increase in value, however bitcoin is a highly liquid coin, so as long as trades are present, there would always be bitcoin to be purchased from the market as people liquidates theirs including long term holders who feel they've held enough and wants to cash in their coins. What would really make bitcoin very scarce is more adoption. If it is given favorable ground in more countries, then there would more acceptance in more transaction mediums, more people would be prompted to buy bitcoin to hold and for different transactional purposes which would increase the spread of the limited coins accross more and unlimited people, thereby increasing it's scarcity and market value.

[EL MOHA]

Yes, there will always be buyers and sellers of bitcoin because it is a highly liquid asset and also with huge marketcap. But one thing about the scarcity is that the price will go up, that is what will encourage people to buy more and sell more. Bitcoin is already scarce already before all bitcoin will be mined and that is the reason the price has always been increasing.

By next year we should have almost 98% bitcoin mined already, although there will some Satoshi which will be remaining till 2140 but before the next bitcoin cycle that’s before the halving comes again I think we might have realistically completed mining all bitcoin, so right now is the time to actually accumulate as this period. The bitcoin scarcity will be coming with big adoption as some country are actually relaxing their restrictions on bitcoin and this will mean that the market price will definitely increase due to demands. Although bitcoin won’t be flipping numbers like before when it came early because of its volatility but it will most definitely continue to increase in prize

[Hazink]

Either we like it or not, all bitcoin will be mind completely and we are not going to see anything changing after this so obvious about the market, volatity, profitability and the value in it, because bitcoin has always been found a consistent digital currency, when everything has been mined completely, the value would have also increased and then those that have invested in profits already, miners earning the more also from the transaction fees and the network being secured as always found trusted.

The law of demand and supply is also applicable to bitcoin, so yes, the more mining rewards are decreasing until the last bitcoin is eventually mined, the more the value will obviously increase over time with demand on rapid growth which will eventually not match the supply. Miners earning which are mainly from block rewards will be cut off with them only focusing on earnings from the transaction fee. I'm just wondering how they will be able to cover up all their mining expenses as low as what they get from the transaction fees.

[serjent05]

Great presentation there @OP, regardless of the number of Bitcoins that had been mined, it is best to DCA if we wanted to keep up with the evergrowing community of Bitcoin.  For me, I don't care much about the number of Bitcoins being mined because eventually all Bitcoins will be mined, it is the natural flow of Bitcoin history and there is nothing special about it.

What matters is whether we have Bitcoin or have started accumulating Bitcoin.  That is more important since if we failed to accumulate Bitcoin now, we might end up missing great opportunities just like what happened in the previous years.

Either we like it or not, all bitcoin will be mind completely and we are not going to see anything changing after this so obvious about the market, volatity, profitability and the value in it, because bitcoin has always been found a consistent digital currency, when everything has been mined completely, the value would have also increased and then those that have invested in profits already, miners earning the more also from the transaction fees and the network being secured as always found trusted.

The law of demand and supply is also applicable to bitcoin, so yes, the more mining rewards are decreasing until the last bitcoin is eventually mined, the more the value will obviously increase over time with demand on rapid growth which will eventually not match the supply. Miners earning which are mainly from block rewards will be cut off with them only focusing on earnings from the transaction fee. I'm just wondering how they will be able to cover up all their mining expenses as low as what they get from the transaction fees.

As far as I remember, Satoshi thinks if Bitcoin really take off,  in the future where Bitcoin is fully mined, the transaction fees will be enough to motivate the miners to keep mining.  So Satoshi has a vision of seeing Bitcoin being globally used and the block reward containing just the transaction fee is enough for the miner to profit.

[Kelvinid]

It will still take several years before all the Bitcoin is completely mined, and what happens next is yet to unfold. We don’t know for sure, but I believe the market will remain active as usual. Miners will continue their work, and exchanges remain busy as the circulation continues.

The numbers don’t worry me. I’m prepared for whatever the future brings and choose to stay positive, just like many others do. And while waiting for the time when all Bitcoin have been mined, it’s a good opportunity to buy more, as its value is expected to grow even higher.

[PX-Z]

About 95% of Bitcoin has already been mined, yet it'll take around a century before the remaining 5% gets mined, lol. By that time, it'll probably be our children or grandchildren who get to witness the very last Bitcoin block being mined. Pretty wild to think about how long the network's designed to last.

[nutildah]

In order for Bitcoin to remain viable, the price is going to have to keep increasing every year at a rate that inversely matches the reduction in future mining rewards. Either that, or transaction fees are gonna have to go up in order to subsidize falling miner rewards. Ideally, both things happen. I just can't image a future where the hash rate is the same (or higher) and block rewards and like 1/10th of a Bitcoin. Fees are gonna have to spike dramatically to the point where its too expensive to do common transactions (as we know them now) on the blockchain.

[Darker45]

1. 95%, yeah, but the remaining 5% will be mined for the next one hundred plus years. There won't be any "digital gold rush" in the context of Bitcoin because everything is done according to schedule.

2. If there's a Bitcoin rush happening, that's not because there's only 5% left to be mined. That's because what's available is getting more and more expensive. It's not the supply that has yet to be mind; it's the supply that's available for buying. 

3. After all, even if 100% of the entire supply of Bitcoin is already mined, Bitcoin is still available 24/7 all over the world. Everybody can still buy it. At a higher price, though.

[Luzin]

About 95% of Bitcoin has already been mined, yet it'll take around a century before the remaining 5% gets mined, lol. By that time, it'll probably be our children or grandchildren who get to witness the very last Bitcoin block being mined. Pretty wild to think about how long the network's designed to last.

We are already dead and maybe right now we are trying to record history properly with Bitcoin for the future, so let's do it. Introducing something correct to our future generations. Technology is always evolving and there will probably be many more developments. Currently, the closest issue is about quantum computers. I do not deny it and it will surely come; many media outlets have started creating FUD, claiming that in 5-10 years quantum computers will be ready. This situation has also led El Salvador to move its assets into several wallets. What do you think?

[adaseb]

Yeah there is less and less every cycle. Its crazy how when I first heard about Bitcoin a block was over 50 BTC and back then 50 BTC wasn't worth even that much. Around $5000. And now even with the small block reward, each block you get is over $300,000. Its crazy how much it has grown in price.

I wonder how many people used to mine it on their laptop and they just deleted their bitcoin.dat file because it just wasn't worth anything and now 15 years later and you see how much it has grown. For the fact that the presidents family is crypto friendly is also unbelievable.

So there is less and less bitcoin available and more and more people want it, so it has to increase in value.

[tottong]

It's like we are having a digital gold rush now! Basic economics.

We are almost near the 20 million mark in Bitcoin that has already been mined, and guess what, this does not matter as we can still buy any amount we want, regardless of it!

I also believe it doesn't matter as long as there's enough Bitcoin available to buy. Perhaps not everyone is involved in mining, and any amount of Bitcoin you hold today will be worth a fortune in the future once it's all mined, or based on supply and demand at that time.
But don't worry, even if the price continues to trend higher, because we will always see Bitcoin being traded and this asset is considered volatile, also on the other hand it will still take several years to be fully mined.

The best step is to take advantage of existing opportunities and create a binding investment pattern, even if it requires some DCA efforts or other patterns for a more massive approach.
If not today, then when? We see Bitcoin's growth increasing day by day.

[Yaunfitda]

Either we like it or not, all bitcoin will be mind completely and we are not going to see anything changing after this so obvious about the market, volatity, profitability and the value in it, because bitcoin has always been found a consistent digital currency, when everything has been mined completely, the value would have also increased and then those that have invested in profits already, miners earning the more also from the transaction fees and the network being secured as always found trusted.

I guess that's what the OP is trying to say, 20 million being mined could the numbers that all of us might see. By my estimated is that the numbers could be reach in the next 2-3 halvings and after that, the 1 million will take hundreds of years to mine. So to the OP, it's the gold rush as we are fighting it out for the last remaining Bitcoin. And the space is getting smaller as now we have institutions buying in bulk and what's left for us as average joe investor are the small portion. So it's no brainer that every sats that we can hold is going to be very premium and precious in the next 10 years or so.

[john_egbert]

Yet people still don't want to get more BTC or deny it as something not valuable at all..

Crazy and great times

[peter0425]

Anyway, the lesson here is that every sat you stack today will be more valuable in the future, due to supply and demand.

We can always buy more in the future but since there will technically be no more new bitcoins mined, we would have to fight for the existing bitcoins in circulation. That would mean that a bitcoin would be more and more valuable as time goes on. So lock in on acquiring those sats or btc now.