I am concerned about the future of bitcoin.

[7juju]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

[Frankolala]

1. Such a time wouldn't come because bitcoin is a commodity. It will be traded daily for profits. This is why we have traders in the market. Investors and traders are the ones keeping the network ongoing. Bitcoin will change hands from old users to new users. Any hodler that don't sell, when he passes his portfolio to the rightful heir, they will sell. The price of bitcoin will only keep increasing overtime.

[Sammye3]

Bitcoin is still in circulation and can still be bought, but if there is a situation where Bitcoin's reserve gets exhausted and whales do not sell the price of Bitcoin would rise but Bitcoin would become less of useful asset because there would be no activity on its block chain.


But I don't think a situation like this would ever come because miners would sell to continue Bitcoin's circulation, miners generate new bitcoin every block. And for holders at a certain high, they would want to sell to take profits and brings more Bitcoin into the market.

[Shadiq]

If that were the case, Bitcoin would have no value, the value of a commodity is only felt when it is exchanged or exchangeable. An investor would never hold Bitcoin for life, he would have to sell it to take a profit. If everyone was committed to holding Bitcoin and all Bitcoins went to such holders, then it would be worthless, something is only valuable when it is rare but is being exchanged regularly.

You don't need to worry about this, because it will never happen. Traders will buy and sell regularly and keep the market moving. Miners will produce Bitcoins to meet daily demand and production costs and keep Bitcoin moving. Investors will sell and buy Bitcoins to take a profit, even after a long time. Those whose salaries are paid in Bitcoin will also meet daily expenses by selling Bitcoins. So there is no need to worry too much.

[Mate2237]

Even if the last Bitcoin is mine from the BlockChain there will always be a circulation of Bitcoin this is because there will always be someone who is selling their holding and someone who is buying. This is just like your normal market were the law of demand and supply comes to play. Your imagination is good but the probability of such a thing happening is zero over hundred why there is no way that someone who has used money in investing will not see and get back their money but continuously hold forever.


What you should be concerned about is when the last piece of Bitcoin is mined from the BlockChain what will happen to the price of Bitcoin, the price of Bitcoin will be greatly impacted the price is going to skyrocket because Bitcoin will become more scarce due to it scarce nature.

[Mhizlove]

But if everyone decides to lock their bitcoin saying they won't sell, bitcoin won't go into extinction rather it will be scarce and this may lead to rise in price because demands now will be much and there is no  supply to reach this demands.

Not because bitcoin is scarce, that won't stop New people from going into it, because no matter how they  claim about it, bitcoin will still circulate round so far it's used in translations, payment of bills or taking of profits.

And it won't be on extinction rather bitcoin will just be scarce or rare and that won't stop from investing, they can still invest small small.

[Fiatless]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

Nobody or institution has plans to keep Bitcoin forever. Even Strategy that said they will never sell their Bitcoin recently made it clear that they might sell if it is a last resort.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

You are overthinking. There will always be a seller because humans will always have a need for money. The good part about Bitcoin is that it can be bought in bits; there will always be some who want to sell part or all of their coin. Gold is scarce but you can still have access to it if you want to buy.

Dont worry too much, Bitcoin is fine.

[NurseHub]

Well as an asset of volatility, there will always be someone who is interested in selling for a moment and that moment is the trading aspect of bitcoin so it's never going to end up in the hands of investors who will not sell, basically we have a very minority of investors who have the never sell mindset, so companies with ETF will probably sell because people will seek profit etc. so bitcoin will always be on sells regardless.

[Cryptoprincess101]

There is nothing to imagine because so far as money is concerned, it will always be in circulation no matter the form of it. As bitcoin is growing, a time will come when it becomes less volatile, and many people will begin to lose interest in hodling it since they won't get many profits again so when such time comes, the real reason why it was invented will be actualized which is to stand as a means of payment (peer-to-peer). We shouldn't imagine things that are not and will not be realistic. Moreover, bitcoin has a limited supply so a time will come when there will no more bitcoins to mine again. 

[hmbdofficial]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

That is not gonna happen…but since you’re concerned about what will happen from my understanding of bitcoin, you are looking at it in such a way that if all the bitcoin goes to the hand of those  holders that ain’t willing to sell, there will be no new transaction of course. but there will still be bitcoin with its value just that price might get high and the once holdings it will be forced to sell again. that the trap if they don’t then it’s of no use or valueless to them.

[adultcrypto]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

That time will never come because there will always be people who will use bitcoin like they use fiat in the payment for goods and services. How would something like that happen when many businesses are beginning to accept bitcoin? It may interest you to know that trading bitcoin with other currency pairs is a big business that people specialize in that. This is part of the reason there is huge liquidity in bitcoin, unlike what you can imagine so the circulation will never dry up as not everyone is holding. You should also know that some holders have bitcoin they use for other purposes and some even do spot trading, I mean some major whales.

[Itz-prisigold]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

You concern make sense ooo but that type of thing is pretty impossible to happen. For example, people say they will never sell, but stuff happens in life, people will sell for emergencies, they will eventually sell for profit, opportunities or they will move their coins to someone else before they die. For sure, liquidity is going to reduce, but it can never hit zero.

If supply were to ever become that tight,  that means Bitcoin can’t die.  The price will just keep on going over to the side until people who are holding will decide that the money is too good to ignore. That is how all scarce assets react.  Gold is also heavily hoarded, but it stays in circulation.  It just takes a small percentage of a diverse holder base trading to keep the market alive.

And the adoption also won't stop. Bitcoin is broken down to tiny sats so that even a small quantity may flow to lots of people which is actually millions in number.  It’s not people holding their coins that kill a system,  It actually lack of trust.  As long as the network works and people still have faith in the network,  Bitcoin will keep on moving.

So no,  it won't lead to extinction.  Worst case scenario it will just get rarer more valuable and more difficult to find.

[Joy_learns_crypto]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

1. Before that time reach bitcoin would have started to become more spendable so they won’t be able to hold it too long because the ones who can hold for that long are those who will be happy when they can buy things with bitcoin.

2. Before such time comes the adoption of bitcoin would be so big that it would have gone around the world.

3. That won’t even happen or be a problem and if anything will lead to bitcoin extinction it won’t be that.

[SuperBitMan]

I don't think it will ever get to a time when no one will be able to buy Bitcoin again what can only happen is that Bitcoin can become scarce not that people will not sell but the limit or the selling maybe very small there by making bitcoin very scarce and also costly, there is no asset in this world that can be hold by people that won't one day think of selling one thing you must understand is that in life everyone faces challenges and something may lead to anyone selling off their Bitcoin no matter the emergency funds you have you can still end up selling your Bitcoin just to make sure you settle an emergency issues.
But if in the future such a thing happen because no one can really tell what the future holds, if such a thing happens it will only make Bitcoin more valuable and expensive at that time those who are holding Bitcoin will be like a small god to those who don't have it or have the opportunity to accumulate it.

[igebotz]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

3. Won't that lead to the extinction of bitcoin?

We know this is never going to happen but since it an "If" questions let's have some fun 

1. Bitcoin would need to circulate to serve as medium of exchange and if that stops it loses it monetary properties - network keep running, mining becomes unprofitable at some point.

2. Adoption drops as newly mined bitcoins won't be available for everyone.

3. Straight fact; yes

Those hodlers are not going to live forever - they will eventually die and their next of kins would sell them off 

[Samlucky O]

Have you ever imagined if a time comes and all the bitcoin in circulation gets to the hands of holders who has vowed never to sell their bitcoins irrespective of anything. If you don't think about this I do. Now my question is this.

1. What will be the fate of Bitcoin, if such a time comes?

I have once thought about that, but I just jumped into conclusion that everyone can not hold forever, there is always a time frame and limit to how everyone can hold and not forever. Afterall holding Bitcoin is not forever but for a stipulated period of time frame, that will be sold when that time elapses, so don't even think about it. There where people that held Bitcoin from 2010 and sold at 2014 and others bought at 2014 and sold 2018 and others bought at same 2018 and sold 2022 and so forth, the market must always be red and green, it must not be green all through no matter the circumstances or amount of Bitcoin held by holders. Infact if more Bitcoin are held, it will increase the price and that will creat panic and some will sell in other not to lose , from hence the market will start declining because guys are selling. It has been like that for long. So don't even think about it.

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

There will always be room for adoption of Bitcoin. No matter the scarcity of goods, there will surely be same goods sold in the market Only that it will be expensive.

3. Won't that lead to the extinction of bitcoin?

There would be no extinction, The market can never expirence that.

[CryptoHeadlineNews]

2. If such a time comes, will there be further adoptions of bitcoin? If yes how will bitcoin flow the new adopters?

Inasmuch as it's not the entire 21million Bitcoin that is been held those alleged holders, and their is still a few left by the majority of users who are trading it on exchange and across wallets on there Bitcoin Blockchain, then such scenario won't affect the overall growth of Bitcoin as a decentralized digital currency. Because despite Bitcoin being an asset that is mostly valued among all other cryptos, one thing that remain important is that their needs to be that demand and supply factor to make it still remain relevant.

3. Won't that lead to  the extinction of bitcoin?

Bitcoin derives it's power from the people who invest and keep holding it as decentralized digital currency, and until people keeps believing in it globally as an asset worthy of in, it can never go into extinction.

[Obulis]

Just wondering who those hodlers would be!! Hodlers that will not release despite what. Should such a thing happens that means these are hodlers that want Bitcoin extinct but even if Bitcoin will extinct, i can't see it happen that way as that seems impossible. And then even if a planned arrangement to hodl never to release in hope of causing extinction that one little move will scatter such plan (not to forget how insatiable most people in that class might be like wanting their names in the list of the world richest people can cause the scattering).

The future of Bitcoin? BTC will hit a hundred dollars plus standard just as it has hit tens of thousands of dollars standard even as it is not a guaranteed investment.

[Dr.Bitcoin_Strange]

Like others have said, I'm of the same opinion, at no time will Bitcoin ever stops to circulate from one hand to another. This is also going to affect exchanges, remember that they conducte leverage trading using Bitcoin and there are usually billions of trading volume and they also make profit and it also influence price. When this happens, everything will take a pause and people could start losing interest. So, I do believe that this is not going to happen.