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rjroshan

What Will Be Next After End Of Bitcoin Supply

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14 hours ago, Nobel Islam said:

This means withing another 5 years total bitcoin supply should be completed. After Finished 21 million bitcoin supply what will happen to bitcoin miners and theirtechnology. 

BTC network did not  decided what they do may be they launch nee update of software and launch new coins.Any thing can't be say about this if they don't create new BTC then price of BTC may increase and miners depend on transaction fees because the fee will be higher in future.

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I do think it does not come about. consequently, It does not get died out apart from inside exploration course of action. You should purchase the idea after then again precisely how will certainly their price tag. you wish to find on your own ahead of it can be way too delayed I give you the advice to acquire currently.

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It gives real individual wealth the preference to put to the side up on transaction fees by earnings of honest currency theory. The steady make happen of Bitcoin possessions that miners will earlier or shortly be forced to produce up their block rewards.
 

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I guess if this  supply surpasses the threshold then price of bitcoin will touch the high which noone ever saw, after that to increase the supplies developers will make necessary steps.

 

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The price of bitcoin will grow every day as not everyone can afford to buy it, there may be a second launch of bitcoins and mining

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One day bitcoin ends their mining and only option is trading then investors not sell their bitcoins, because when supply ends, then bitcoin Prices goes in heaven so any one not sell, and  when this bitcoin mining stops then I think any advanced technology take place, because no want to stop this process.

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On 1/20/2020 at 10:26 AM, rjroshan said:

1,800 new bitcoin daily adding to total bitcoin in the world. 18 million bitcoins already mined in the entire 21 million total supply. This means withing another 5 years total bitcoin supply should be completed. After Finished 21 million bitcoin supply what will happen to bitcoin miners and their technology. What can you say about this ...

My friend your calculation about the bit coin supply is not really correct because you need know that as time goes on there will be increase in the difficulty of mining bit coin because it will takes a very long time for all the bit coin to mine.

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On 1/20/2020 at 4:26 AM, rjroshan said:

1,800 new bitcoin daily adding to total bitcoin in the world. 18 million bitcoins already mined in the entire 21 million total supply. This means withing another 5 years total bitcoin supply should be completed. After Finished 21 million bitcoin supply what will happen to bitcoin miners and their technology. What can you say about this ...

Then they may be introduced any new procedure for retaining members or not. My be they won't get more newbies then or they introduced new method to add more members.

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Wait, within 5 years? You need to make more research on that one, if want you meant was after they're mined all of the supply. Halving will be happening in just a few months, it will make bitcoin mining become harder and lesser for the rewards, so that it can make bitcoin supply in a fixed states. 

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After the supply finishes, there is no end for bitcoin and it will survive for many years after that. A new life will begin for bitcoin because until then, there will be millions of wallets full of bitcoins and transactions will still exist. I think in the future bitcoin will turn into a collectible currency and there will be some crypto collectors who buy bitcoin at high prices to add it to their collections. The future bitcoin is the currency for wealthy people and high fees will direct people towards altcoins.

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According to my experience with Crypto coins I don't think that there will be an end of the Bitcoin supply ever there may be a rise or decrease in its supply but that would not be totally end up while presently its best competitor is ethereum which can overtake it.

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when the supply of BITCOIN ends. Its price is likely to fall. merchants do not buy BTC anymore, BTC may not be able to use anymore. Other currencies will replace BTC and BTC will gradually be forgotten

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In the current situation, the miners get a reward of 12.5 bitcoin to unlock every new block. According to Bitcoin Block Hav.com, "The next halving of the bonus will take place in May 2020 - which will reduce the bonus to 6,25 currencies.
Assuming there are no changes to the protocol, the maximum bitcoin will be reached by 2140, that is, 122 years from now.

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On 1/20/2020 at 2:26 PM, rjroshan said:

1,800 new bitcoin daily adding to total bitcoin in the world. 18 million bitcoins already mined in the entire 21 million total supply. This means withing another 5 years total bitcoin supply should be completed. After Finished 21 million bitcoin supply what will happen to bitcoin miners and their technology. What can you say about this ...

They will not stop mining then because the miners will get their profit from the transaction fees. These mining is just the extra profit till all the coins are mined and they are trained for getting the transaction fees. 

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If this coin community is a success, I guess developers make a way to expand its protocol to continue its existence. But I think because of some demands and users the existence of this crypto currency coin will continue.

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14 hours ago, Hashir said:

Its to far in my opinion. 2040 is very far, I think mine time expand  on that day. Its surely my thoughts. What are your please share

Yes my friend and I see what you see and thank you for this important information and I wish you good luck

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The fee gets tall and it will can reach till 1million seeing that at that factor bitcoin gets confined as well as we moreover cannot mine bitcoin so the change costs too increment.

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On 2/17/2020 at 2:14 PM, Luv1one said:

when all Bitcoin is minned and need of Bitcoin is bigger ofcource Bitcoin consequences is continually pump
 

Do you mean that the bad effects of the all bitcoin that has been mined will be pumped, you mean, the problems will be multiplied? Personally, I do not believe that something like that will happen after all the bitcoin has been mined. Maybe they will just have a ceiling price for the fees, if they did not do it, bitcoin will soon die. Causing it to lose it's value, as well as it's market.


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After the end of bitcoin mining, I think the price will rise + the other coins too... and most important it will be some really strong new coins .

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Developers will not allow the destruction of Bitcoin even after a long time as long as they benefit from it. No one would let something fall down if they are getting use of it.

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There are huge load in stock exchange in stock market ,if the bitcoins are came to end, I think there is no chance to end with the Bitcoins Because the btc are adding 1800 bitcoins every day 

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that is going to be one of the lowest runs we've got visible thus far. inside the period in-between, banking structures will begin to crack. ATMs and credit rating playing cards will now not constantly art work, but Bitcoin willThe upcoming BTC midway has been right right here considering the fact that June, and a small amount of bitcoin will begin refining this iciness

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although Bitcoin's cast-iron stream measures that miners will in the end be put on to abandon their check rewards, it besides gives miners an gamble to endure transaction fees by only by means of funds theory.
 

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The totally of bitcoim is 21 millions only and 18 millions bitcoins are already supplied, so only 3 million left to be mined.. So that's after completing all 21 million supply the price would be growing very massively

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