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Forex Zone - Forex Forum
Cryptocurrencies
General Cryptocurrency Discussion
What happens if Bitcoin runs out? (in the mine)
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What happens if Bitcoin runs out? (in the mine)
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Re: What happens if Bitcoin runs out? (in the mine)
Trully Amary
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like mining products in general, I think the price of bitcoin will not go down even though everything is mined because of the limited existence of bitcoin claimed.
#16
- March 02, 2020, 01:57:39 PM
Re: What happens if Bitcoin runs out? (in the mine)
rabitb41
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the amount of bitcoin which is very limited in my opinion will be a unique feature, if people think of the scarcity of bitcoin then the price of bitcoin should increase even more if it has been mined.
#17
- March 02, 2020, 04:12:25 PM
Re: What happens if Bitcoin runs out? (in the mine)
Veveka Babajee
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To date, that wouldn't be close to reality so need not worry!
#18
- March 04, 2020, 07:08:20 AM
Re: What happens if Bitcoin runs out? (in the mine)
Arjun Setya Raharja
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there are many possibilities if bitcoin in nature is exhausted, first the price skyrocketed because it is increasingly rare, second the price is stable and then the price could have dropped if interested people diminished.
#19
- March 04, 2020, 04:57:36 PM
Re: What happens if Bitcoin runs out? (in the mine)
m3a2e9
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I don't think that's gonna happen soon. It's gonna take a bit more of years to be able to stop mining bitcoins up to the last process of halvening.
#20
- March 05, 2020, 07:49:25 AM
Re: What happens if Bitcoin runs out? (in the mine)
kalr6o9dghtmj
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We're still looking forward to bitcoin halvening this coming 2nd quarter of 2020. Why bother think of that yet? You're just trying to make your headache. Hehehe!
#21
- March 05, 2020, 01:28:58 PM
Re: What happens if Bitcoin runs out? (in the mine)
coinybitty
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I think this shouldn't be of your concern right now. It will happen because of bitcoin halvening but it's not so soon and we both aren't alive anymore when that day comes!
#22
- March 05, 2020, 04:06:08 PM
Re: What happens if Bitcoin runs out? (in the mine)
madelainemadememad
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I don't think it will run out very soon!
#23
- March 05, 2020, 05:45:10 PM
Re: What happens if Bitcoin runs out? (in the mine)
n112014
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Well I believe it's not gonna happen very soon. It will be happening but I know I wont be here anymore so why bother think about it?
#24
- March 05, 2020, 10:37:53 PM
Re: What happens if Bitcoin runs out? (in the mine)
Leee
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I believe this is inevitable. Since bitcoins are programmed to an end of life. Though, it's something we should not be worrying about because it will happen not so soon yet and I am pretty sure we aren't alive that moment in time anymore. Cheers and don't worry about it mate!
#25
- March 06, 2020, 07:14:41 AM
Re: What happens if Bitcoin runs out? (in the mine)
ilovewildreels
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It will eventually but thats gonna be far from now and we may not be living anymore. So I don't worry about it anyways!
#26
- March 06, 2020, 05:41:01 PM
Re: What happens if Bitcoin runs out? (in the mine)
FzEmperor
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mining just 1 bitcoin takes a relatively long time and it will take several decades to mine the whole bitcoin and if bitcoin gets more popular then I don't think bitcoin will stop or break even though all blocks have been mined.
#27
- March 11, 2020, 12:53:49 AM
Re: What happens if Bitcoin runs out? (in the mine)
karisma sanse
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bitcoin can indeed be completely mined but there is no certainty yet about the fate of bitcoin later because the new BTCC 21 million stock will be depleted in a few more years, that's his guess.
#28
- March 12, 2020, 05:36:47 AM
Re: What happens if Bitcoin runs out? (in the mine)
Billy Atkinson
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bitcoin still has high trust and increasing popularity because bitcoin is a unique digital currency and has never existed in the previous century.
#29
- March 12, 2020, 07:35:56 AM
Re: What happens if Bitcoin runs out? (in the mine)
XOXO
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If bitcoins run out, of course there is no more to talk about. This will happen but not too soon! We are not alive anymore when that day comes.
#30
- March 12, 2020, 07:49:40 PM
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What happens if Bitcoin runs out? (in the mine)
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