Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: isomoyes on March 28, 2018, 03:56:54 PM

Title: What will happen when btc is closer to 21M?
Post by: isomoyes on March 28, 2018, 03:56:54 PM

Hi Guys!

Recently I was thinking what will happen after 21M limit reaches?!

Whole bitcoin decentralization relies on miners, who compute for our transactions and so, but they should have their profit in that, cause nobody won't work for free Wink
As far as the limit getting closer the mining starting to be slow and profit is getting to be less.

Title: Re: What will happen when btc is closer to 21M?
Post by: RianDrops on March 28, 2018, 04:04:58 PM

It will be a big problem.

Title: Re: What will happen when btc is closer to 21M?
Post by: CryptRon on March 28, 2018, 04:06:21 PM

Well, as the gap between the Total supply and circulating supply getting closer ,the difficulties it gets to be mine. In the starting point of Bitcoin, Bitcoin can be easily be mine and can be get easily using faucets. But now as the Bitcoin is being more popular the difficulties it gets. This is need to be in balance in the environment of crypto currency. So I think when it reaches 21M that I think it is so far more decades.  The Bitcoin will be a pure asset not investment and will be more valuable as the time goes by like a gold or diamond.