Almost 20 Million Bitcoin has been mined

[SilverCryptoBullet]

Yeah, 1 million bitcoins remaining to be mined and someone  who doesn't understand how mining works will actually think that this 1 million coins will be mined up in the next 2 to 3 years or even less, how surprised they would be when they learn that mining those remaining 1 million coins may take 50 to 70 years or more from now to mine..

What this mean is that many of us who are here today may not even be alive anymore to witness when the last bitcoin will be mined 😕
And unfortunately, this is not something we can change, so I hope we are making the best of every moment and opportunity we have right now.

This is a very old story and does not need to be discussed now and people can research for available discussions in the past that even have more insights.

How is the 21 Million Bitcoin Cap Defined and Enforced?
Can Bitcoin's Hard Cap of 21 Million Be Changed?
What Will Happen to Bitcoin After All 21 Million are Mined?

With time, development, adoption and more secure blockchain, Bitcoin will have increasing and higher intrinsic value, that will help Bitcoin price on the market and Bitcoin miners will be benefited too.
How Does Bitcoin Have Value If It’s Backed by Nothing?

[uchegod-21]

I want to point out that this is not a call for anyone to put himself under any form of pressure, bitcoin still moves in cycles; if it were not so, the price of bitcoin will notice significant increase now, unlike what we are seeing now. Don't panic, just keep accumulating bitcoin consistently the way you can and have a long term mindset so you'll get the best out of your investment.

Exactly. There is no need to be panic or having a pressure to accumulate faster. Just be calm and buy what you can afford at any point. Bitcoin will definitely rise again and once it rises, those who invested it now will be smiling. This bear market will be a long one so you can buy Bitcoin with the strategy of DCA approach which can help you to get some quality amount.

Some actors will capitalise on this and spread FOMO just to cause inexperienced investors to act impulsively. Bitcoin rewards patience and not actions taken out of emotional concerns. For investors, nothing has changed that much. They should focus on DCAing and stick to their strategies instead of reacting emotionally to every price movements in the market. A disciplined approach is what every investor needs now; consistency and a calm state of mind is very important for a volatile asset like bitcoin.

[un_rank]

...
And that could be the best gauge as "almost all BTC" could have been mined that time. That's why big institutions are accumulating because they know the end game. And it's no secret, time is not on our side so just keep on accumulating.

I understand the message you are trying to pass, but it could pass the wrong message to those looking to get into bitcoin. It is not timer which is running out at which time there would no longer be bitcoins to own. After all the bitcoins are mined there will still be available coins to buy if you have the resources to get it for.

Bitcoin will (is designed to) survive for many years after the block rewards are spent.

- Jay -

[aylabadia05]

Don't forget, only 1 million is left to all of us.

On the other hand, whales, institutions, EFT's, countries putting it in their balance sheet are getting their hands on the precious BTC. So it's going to be a race, and everyone is going to fight it out including us retail investors. And moving forward, every block added scarcity pressure.

Because of the remaining amount, anyone can still do it and it's never too late to do what should be done. Even though there are many Bitcoins that are not moving in wallet addresses, they may have been purchased simply to be held as assets. Just look at how institutions and large companies continue to accumulate Bitcoin.

For me, this isn't a race but rather who is willing to do it because each of us already knows why we should have Bitcoin.

[livingfree]

Finally, 20M Bitcoins has been mined.

What's next to it?

We don't know but if you have that plan to hold, you don't have to think of it. Just let it be there and we have to wait for the price increase.

That's it, that's how holding works and with so many population of the world. Imagine that you're one of the most fortunate person in the world holding a few.

[Alphakilo]

Don't forget, only 1 million is left to all of us.

On the other hand, whales, institutions, EFT's, countries putting it in their balance sheet are getting their hands on the precious BTC. So it's going to be a race, and everyone is going to fight it out including us retail investors. And moving forward, every block added scarcity pressure.

Because of the remaining amount, anyone can still do it and it's never too late to do what should be done. Even though there are many Bitcoins that are not moving in wallet addresses, they may have been purchased simply to be held as assets. Just look at how institutions and large companies continue to accumulate Bitcoin.

For me, this isn't a race but rather who is willing to do it because each of us already knows why we should have Bitcoin.

Well, the supply of BTC is running thin and volatility is taking a toll on price right now.
The biggest mistake to make in a time as this, is to lose your BTC either by panic selling or trading high leverage positions that backfires later on.

As the day breaks, owning BTC becomes so much more expensive and it's good to hold some in a hardware wallet somewhere safe, because after the next halving, BTC becomes more expensive than today's price and that's a fact.
Decide on how to make the best of the opportunity now or be among the story tellers of the future that didn't know the importance of the BTC they once had and lost it to frivolous spending or investments that didn't produce a good result.

[aylabadia05]

<snip>

Well, the supply of BTC is running thin and volatility is taking a toll on price right now.
The biggest mistake to make in a time as this, is to lose your BTC either by panic selling or trading high leverage positions that backfires later on.

Just don't just buy it. Buy because you know why, not because others are buying it.
Don't let the fact that the number of Bitcoins in circulation is so small that everyone you know is buying it force you to buy it too.

At the very least, know why you should buy Bitcoin and how to use your money to buy it. You don't have to buy it all at once if you end up dealing with financial burdens.
Anything done without a clear goal will end in uncertainty. Uncertainty will lead to regret. For me, Bitcoin is not an uncertain asset. It's not an asset that leads to regret. I call it an asset because I can't use Bitcoin as a currency.

[Darker45]

Don't forget, only 1 million is left to all of us.

It's not as if what's left to be mined is the only supply left to be shared among everybody who's interested to have some. In the first place, those who aren't into mining don't compete with it. There are always coins and Sats for sale on exchanges and other platforms.

Also, the remaining 1 million coins left to be mined isn't as small as it may seem. That's sufficient to reward miners for the next century. We're all dead by the time it's depleted.

[Judith87403]

The point made as is concern scarcity is very true. Bitcoin has a supply fixed for 21 million, and having most mined already, the rest of the coins will go into circulation gradually through rewards for mining. As organization, ETFs, and even governments acquire BTC, the supply available on the market get quit tightened, thereby causing increase in competition among buyers.

Yet, the narrative of racehas been viewed quietly. Markets operate in cycles, and huge holders do not have control over all liquidity. Retail investors could yet partake slowly by accumulating with discipline instead of panic purchasing.

At the time being, the scarcity of Bitcoin and growing adoption are main factors that supports the idea that it may serve as a long term storage of worth.