Will Bitcoin survive even after all 21 Bitcoins have been mined?

[sirty143]

We do know there are only 21 million Bitcoins that can be mined altogether. Once the miners unlock it definitely there is no more supply unless Bitcoin's protocol is changed to allow for a larger supply. Many say that it's been a while before this happens, but what happens when the global supply of Bitcoin reaches its limit? Will it affect the miners and even us, as well as other cryptocurrencies?

Please share your thoughts! 

[ryap12]

That's going to happen in the next 25 years and looking at bitcoin's price, I have a feeling it may have become more than $100k USD by that time. What I foresee is that the people/person behind bitcoin may not increase the supply but rather re-invent the mining process and it's rewards. I don't know how it's going to happen but one thing I am very sure about is that it's not going to die and that it's not going to depreciate neither.

[juv3ntus1]

 Bitcoin will survive, aredy past 10 years then the bitcoin was born and its more popular and more used year by year, after all bitcoin was finish to mined somebody will found a solution to keep him alive.

[Rame Ayach]

This will happen in the coming years and I think the price of the Betquin will go up a lot

[dragononcrypto]

We do know there are only 21 million Bitcoins that can be mined altogether. Once the miners unlock it definitely there is no more supply unless Bitcoin's protocol is changed to allow for a larger supply. Many say that it's been a while before this happens, but what happens when the global supply of Bitcoin reaches its limit? Will it affect the miners and even us, as well as other cryptocurrencies?

Please share your thoughts! 

As long as at minimum Bitcoin doubles in value every four year, then it theoretically doesn't matter for now. Ie if the block reward is halved when the value is 2x from previous halving, then miners receive the same. Though this is theoretical and somewhat irrelevant for now as obviously the hash rate and difficulty varies much more than the block reward so in reality miners receive rewards base predominantly on these factors, rather then reward amount in my opinion.

Maybe in a century or so when the block reward is much lower (like 0.25 or something) than we may see a much larger drop in hash rate than we've ever seen, which would presumably follow a slow down in growth of hash rate, as well as a increase in price. I don't really see this happening until 1 satoshi equals one dollar though tbh, as well as the fact the hash rate from a century from now could drop 90% and still probably be higher than it is now anyway.

[Thegals]

If the bitcoin quota that can be used in the mine has run out, we will not be able to get it through the mining system. Later bitcoin can only be obtained by buying on exchange. So that it will make the price of bitcoin more expensive because the existing supply no longer exists. And the laws of supply and demand will apply. And we can switch to mining on altcoins that still have a lot of supply to mine.

[Bit]

I have no doubt that Bitcoin certainly will survive as long as Bitcoin in accordance with its principle: https://en.bitcoin.it/wiki/Principles_of_Bitcoin. I think it is the crucial key that makes Bitcoin can survive or disappear. But if Bitcoin developer changes the "Principles of Bitcoin", then I doubt Bitcoin has a power to survive.

[Sudarmono]

even though all bitcoin has run out in mine but I still strongly believe that bitcoin will continue to survive and still be alive and the price of bitcoin will increase.

[UNIVERSE]

The limited number of Bitcoin make the prices high and it will be interested for imvestors to buy. I am no doubt to say that it absolutely will survive. The trend of Bitcoin will be better and better in the future. Just look at the current price and the adoption on society.

[Munareal]

Those that will be most affected if bitcoin supply is met are the bitcoin miners because their rewards on mining will only be on transaction fees there will not be a reward for completing a block. This will reduce the number of bitcoin miners as the bitcoin mining will not be lucrative for them. I hope that  Bitcoin's protocol is changed to allow for a larger supply if not Bitcoin will become very expensive

[Jacky]

I think that the chance of all Bitcoin over to be mined will happen in some years later probably will be a long time as we think. However, will it really influence? I'm really hopeful that at that time, the bitcoin value will be more popular, more valuable than it is now.

[Marby]

I think the bitcoin will continue to survive.While humans continue to minimize it.justru it will continue to increase its value in the future.

[vegasus]

Actually, I don't know exactly. However, if the value of the BTC has increased that high, I think that this first cryptocurrency will still have the value and volume in the market. I think also the Bitcoin will be finished to be mined in some long years again. But of course, wait for the progress.

[damsix]

Changing prices from Bitcoin will continue to have an effect on the market.
Even though Bitcoin runs out in mine, I am sure Bitcoin will continue as usual.

Still remember when Bitcoin was at the price of 19,000 USD and then fell back to the price of 3500 USD and the circulation of Bitcoin was still 17,000,000.

[cybersoft]

I think the bitcoin will survive even when the entire bitcoin total supply is mined which is 21 million bitcoins. Bitcoin transaction fees will be used to pay the miners. Don't forget when the entire bitcoins are mined the bitcoin already hit the mainstream. So, the price of one bitcoin is going to be somewhere around a million dollars or more. Transaction fees will do it just fine.