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rjroshan

What Will Be Next After End Of Bitcoin Supply

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After completing all the bitcoin quantity, I think that new updates will be found for that matter, and the bitcoin price will rise a lot in that period after all the bitcoin quantity is mined.

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After Bitcoin supply has finished there will be another development in Bitcoin or another technology will be created to solve a complex problem about bitcoin.

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On 5/25/2020 at 8:12 PM, Basad said:

Okay I will try to look in to this figure, search more basic reference regarding to above stated figures before to admit if possible, so am still holding on to the facts that BTC supply ends on 2140 no any factors to changes that, it's automatic

Indeed it has been calculated that the last Bitcoin will be mined sometime during 2140. This is a fact and Bitcoin does have a finite supply, although it is built in a way where everything can change if the vast majority of the Bitcoin community decides to. This means that proposals are made and discussed between the developers the miners and the rest constitencies. If the overwhelming majority at some point decides that it is better to have more Bitcoins than 21 million, then the code can change.

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Until that time, I think that its price will be about 100 thousand dollars, and therefore buying it will not be available to everyone, and that it will be accessible to the wealthy and whales in most cases, and in addition, after all of it is mined, I think that its price will be somewhat fixed after the way to the top over the years.

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Yes when all of the bitcoins are mined then the block reward will be so much low & the difficulty will increase making it difficult to mine the bitcoins.

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I think that Bitcoin mining will end in 2140 as experts in the crypto world say, and therefore there is still a long time, and during this period the developers in the field of cryptography will work to find some solutions, so you do not need to worry and Bitcoin will never end

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I think they will mine other currencies at that time and I think that the Bitcoin will be very valuable. I don't know if there will be a continuation of the cryptocurrencies until that time.

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On 1/20/2020 at 5:26 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 ...

There are many crypto currencies that will surely not going to extinct and one of the best example of these crypto currency is the Bitcoin since it has the best survivability skill.

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Even if the btc supply gets ended, the alt coins are still in existence then only the alt coins shall exists in market and then the alt coins shall replace the btc and the the btc shall have the to be then be rested in the small amount in wallets only.

 

 

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I think if developers and miners want to maintain the standards of Bitcoin should be planning how to increase the numbers of bitcoin so that there will be no total amount rather there should be unlimited number so that in the future there will be no shortage of bitcoin and it will not collapse.

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If bitcoin ever runs out, before its due date. Then I will be sure that its price will start to rise many times higher than it is now. And then there will be a moment that many people wanted, the price of bitcoin will be around a million dollars, which is very cool! I hope we will see this moment!

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I can say that this is incorrect. The last Bitcoin will be mined in 2140 and not in 5 years. You made a calculation but did not consider the halving and how new bitcoin are reduced every almost four years time. So you reached a wrong assumption.

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I think there will be no way supply of bitcoin will end in the Cryptocurrency marketplace because there is currently 21 million bitcoin in circulation and as some people sell some others buy which one of the reasons why bitcoin is volatile in the market and even before that miners will something to prevent it from happening.

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You dont sound very optimistic , bitcoin is not ending any time soon but we also need to evaluate its work , the right time will be when its features are improved, when its fully adopted and in the end we are all sacked in to bitcoin world that would be very important

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When the supply is end than we can see the price of the BTC is going to high more and more day by day becasue the supply is completely finished and the coins demand is increased day by day becasue soon the crypto market is going to be legal in all over the world and the peoples will start to invest in this business at that time more and more.


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Bitcoin will hardly collapse even though total Bitcoin have finished mined there will be a technology that will control the circulation of Bitcoin and the value will increase more and it will result into scarcity where only limited people will have access to Bitcoin.

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On 1/20/2020 at 5:26 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 ...

Bitcoin will continue circulating around the world unless one person keep those 21 million, then it will became priceless. I also think that when that happen, the other Cryptocurrency will surpass the Bitcoin price.

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this is true that bitcoin supply is limited soon within some years whole bitcoin is mined . when whole Bitcoin is mine their isn't any more bitcoin left in market as a result it's price pumping with good speed .

hopefully bitcoin pump and pump after that .

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Bitcoin new supply is getting lower by what is called the halving that happens every four years so your data is not correct, the bitcoin final supply will be 21 million and it will take more than a hundred years to mine all of them not just five.

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Each stage of time has its elements and components. Bitcoin appeared as a regular mining currency, then its price rose due to the demand for it from investors, and bitcoin offers began to multiply, and its price reached $ 20,‭000‬ and its price decreased periodically, but it remained constant. I think in the future, the founders must find an alternative that suits  The crypto market circumstance

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On 9/16/2020 at 3:20 PM, fernquaker said:

Blockchain Technology is remarkable, if all BTC has been mined, my guess would either there will be new coin or projects that will come out or they could simply add new supply for BTC, simple as that.😄

From what I know this will take a while as 100 years and more before all bitcoin are mined so there is no reason to make plans for it.

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Without doubt ,there is a possible solution, they are well aware of all this scenario, they have future plans ahead of this things so am sure Bitcoin being the future will have lot of things to offer ,

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Personally i believe that once all of the bitcoin has been mined, that the miners will move onto the transactions and allocating the transactions, which as we know requires confirmations and they can also move to trading capturing and so on. However, for those that own the mining rigs i think that in that case the safest option would be change the coin that they are mining to something else with promise or profit, such as litcoin or dogecoin at the time, in order to still generate profits from their equipment. I think that would be the future of these miners once all bitcoin has been put into circulation. 

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