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Author Topic: what happens when all bitcoins are mined ?  (Read 4218 times)
pitham1
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October 12, 2014, 05:05:45 PM
 #61

When all bitcoins get mined, miners will keep working in the transactions. They will win with the fees. Smiley

None of us will live to see what happens when all the bitcoins are mined.  Smiley


We will be around for a new all time low that's for sure... Hopefully the round will blast us far away from this zone!!

How do you define all time low for something which started at ~ 0 USD?  Grin

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October 14, 2014, 01:17:33 PM
 #62

It is a long way to go. You might see other coins with more advanced technology before that.
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October 14, 2014, 05:08:40 PM
 #63

I have my doubts that bitcoin will be the end all coin.  Some other coin will take its place as top dog and that coin prob exists today.  As long as it's not some BS like Ripple I'll be happy. 

However is Bitcoin is the top dog years and years from now and mining ends if bitcoin is to survive it will be mined for the tx fees which hopefully at that time will be worth more then the last block reward before the end.  Mining itself will only stop if bitcoin dies.  There will always be people mining the TX fees.

“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
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October 14, 2014, 10:39:04 PM
 #64

if all bitcoin can be mined, I think all of bitcoin will be distributed to everyone, especially people who mine bitcoin, bitcoin mining everybody can, of course with no small amount of capital, but it is all just conjecture, we do not know what happens next, hopefully that bitcoin there can now be properly distributed so that everyone can enjoy bitcoin ...  Cool

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