Will transaction fee increase after all bitcoin are mined.

[thiscomm 306]

I think everything that makes profits for crypto developers is transactions. Even crypto can continue to grow even today because of transactions. they held a bounty program to carry out a promotion that was expected to attract investors to invest in their platforms. the more investment, the transaction can also be said to rise.

[duncun007 3577]

On 12/23/2019 at 2:57 PM, Digicoin said:

Sure. There will be a time when bitcoin price will increase to over $1,000,000. According to my analyses, this will happen one day. So, 1 satoshi will worth something by that time. You are correct.

well you can for sure stop thinking about it now because this price will never be reached by bitcoin no matter what happens, and  the fees will be reduced once the lightening network is on all exchanges and transactions.

[Yanadia 1517]

Go back to history and why Sathosi Nakamoto created Bitcoin.  Because of the large transaction fees, should that goal be changed simply because of the fact that the price of Bitcoin is high?  I am sure the bitcoin transaction fee will still be the same. Thats would be deferent of you made choiced of instand access transaction ( by some exchanged helper ) 

[pakjobhelp 1585]

Yes i agree with you because i have this thought that after full bitcoin mined the transaction fee of bitcoin increase. If crypto exchange increase and found competition between then transition fee low in my opinion it is not true.

[MOProgress 363]

From the topic, I believe that transaction fee may and may not, the reason is that, transactions fees are based on how congested the network is, so if after all the Bitcoins are mined, the network is free, then there will not be any high transaction fee.

[bean 515]

No they will not increase cause when all the bitcoin is mined the price of bitcoin will be very high making transaction fees very high so transactions will even be way lower than it is now.

[Epic 289]

Once bitcoin runs out, the only source of income for the miners are the transaction fees. I expect the transaction fees to keep increasing every year, while miners keep decreasing.

[Sapdrx 469]

Transaction fees are depending on the total amount of tranactions that stand in line for processing. If all Bitcoins are mined and bitcoin is being used for daily transaction you can count on high fees.

[Darkelf11 262]

In my opinion, the transaction fee might increase when all of the bitcoin are mined. This is because there are no reward anymore that the miners will be getting, because they cannot make/mine any bitcoin block that time. But I think there will be a ceiling price for that price increase. Because it does not have a ceiling transaction fee, it is more probably that the time when  bitcoin will fall starts.

[Ali_hmwi 966]

On 12/9/2019 at 11:18 PM, Digicoin said:

I guess yes, but, I may be wrong. I said so because there would be no other source of reward than the transaction fee.

You about you people.

 

What do you think?

If the price of bitcoin didn't increase maybe the fees be high alot. but if the opposite happened the fees will still good.

[deepown 0]

That is most likely to happen but we have new technology yo cover that and that is the lighting network.

[Sasaki 171]

Maybe it can happen because there's not enough supply now and the alternative is the transaction fee, well I think it's a long way to go before that happens. 

[Brushless4500KV 4214]

This is a possibility that some experts have referred to as the rise of fees after the last bitcoin was mined but this theory is only correct if we suppose bitcoin network will stay the same as today. However, considering what has happened to bitcoin during the last decade. I think bitcoin network will be totally evolved until 2140 and many transformations will be done and the problem of high fees may be solved by then. Since 2009 until 2020, a number of hard forks and protocols developed for bitcoin during just 11 years. Now, compare 11 years with 120 years! We have lots of time to think about the fees.

[Ovis25 135]

There are many ways Bitcoin can be of good benefits to you rather than the change of transactions fees. Bitcoin mining will definitely increase price in future.

[maricans 401]

On 2/5/2020 at 11:38 PM, Sheka said:

Miners will also reduce because their would be no  block reward again. This completely in time comes from charge life form in elevated value action of the deflationary coin model.

 

Indeed yes,

and technically no more miners around since no more bitcoins to mine only the bitcoin around will circulate around the world. "no bitcoin to mine will result to no more miner"

[Rstunirk 151]

Yaa ofcource the prise endeavor bitcoin multiplication at what time altogether bitcoin is mined but it took to a good deal time to mined entirely Bitcoin beacuse it's not an outline that how loads of bitcoin are be mined no feeling about it.

 

[miskyming 1588]

If the price of bitcoin will increase the transaction fee will also increase, but I don't think if we still use bitcoin if all bitcoin are mined some says the price of bitcoin will become zero, but this will happen in the long years so we never know what will gonna happen in the future.

[Dmasked 1840]

It is difficult to say, the market of bitcoin has been very volatile and in the long run it can be unpredictable. When all the bitcoin is mined the supply would be over and if the price goes up too high, the transaction fees will certainly rise too.

[Calvinpriva 17296]

Yes it can happen and the transaction fee can be very high so that it can be returned to the places where we have mined it. But this will be something like a circle, the fee will keep going high and low and bitcoins will keep going back to them and we will earn it again.

[Ahillya 62]

On 12/10/2019 at 1:37 PM, Migo said:

Yes you are right, if all bitcoin is mined then then the price will increase maybe double even the fees too, the miners will be very few 

I'm not pretty sure that what would happen if all btc are mined ....I think so that the transaction fee may rise up.amd make the network More busy...thus the fee will really rise up.and hence the difficulty will also rise....

Thank you.

 

[Ridam 7455]

After 1-2 years of All Bitcoin were mined, Google quantum computer will be launched for public wirh huge power for mining at that time the fee is only source for bonuses so it may increase but i am not sure. 

[Ahmeddominik 126]

14 hours ago, CryptoBitCrypto said:

We are not all going to be alive at that time except few. It will take over 120 years from now or more before the halving finish. 

Thank you my friend for the useful information and good luck

[Amirul Islam 382]

On 12/10/2019 at 3:18 AM, Digicoin said:

I guess yes, but, I may be wrong. I said so because there would be no other source of reward than the transaction fee.

You about you people.

 

What do you think?

I don't think transactions fees will raise. Because day by day bitcoin price is going high. If it happen our fees will deduct more. I think it will reduce more for transaction fees .

[loaspokun 22]

On 17.02.2020 at 15:20, Jay8 said:

transaction times are getting worse. the transaction fees may not necessarily be large depending on the value of bitcoin. if the coin gets much value. too much transaction fees may make it hard to transact

I figure yes, since in the event that all Bitcoin as of now mined there's still Bitcoin planning to diminish the supply. That's have awful side and great side. For great side, more restricted Bitcoin will make the cost going up since Bitcoin more once in a while than some time recently. The terrible side is a few people prefer trade their Bitcoin to altcoin where have little expenses to exchange. But generally that's still mistery, possibly yes and no Bitcoin will expanded the expenses after completely mined.

[Raouf99 73]

I think that price of bitcoin alps increase with the increas of the transaction fees. So this is beacsuse the block reward has been also decaresed. So it is also every exchange  has their own fee.