Post
Topic
Board Beginners & Help
Re: Economic bubble- BITCOIN
by
Sled
on 25/12/2016, 04:05:18 UTC
It's actually 12.5 BTC since the halving block reward happened last july and each 4 years It should continue to get halved. miners will get the fees instead of block rewards and that should make our bitcoins cost more since no more are being mined logically. If bitcoin doesn't get developed over the years then definitely a new altcoin could take its place. All bitcoins should be mined by 2140 and we would be all dead so you shouldn't care much anyway.

Great information Cheesy. That's one of the best thing about bitcoin even though it experiences dump on its market price it still good for long term because every four years bitcoin halving will happen it will reduce the bitcoin supply and the it will increase the mining difficulty which will help for the price to spike up again Grin.