Quote from: toothless on May 31, 2016, 12:30:43 PM

..full above
We will reach a point where there are very few miners operating and their sole opportunity for profit will come through transaction fees. As Bitcoin becomes more centralized in the hands of a few miners and almost all transactions flowing through mining farms in China, the prospect of a Bitcoin mining monopoly looms larger and larger.

So what do you think is likely to happen to transaction fees at that point?

Honestly it's so far away no one can give a good speculation. The hopes is that the fees make it where miners still profit. But we don't even know what value and difficulty will be at the having coming up. So going that far in future... just all guesses.

I'm sure some will try to speculate, but I just don't think it can be done accurately that far.