Quote from: AmXProX on October 26, 2017, 03:20:47 AM

Quote from: ICOmonster on October 21, 2017, 04:00:05 PM

Hi i have a question, i hope someone could answer it
As of now, the circulating supply of Bitcoin is 16.6M
I was wondering what would happen if it reaches 21M?

Will bitcoin still work even without mining?
Or will bitcoin fall apart?

It will not cost the coin to fall apart but most probably expect higher transaction fees since the miners will just earn from the transactions.

But when that time comes which is 20 years from now imagine how many transactions will occur at a single time. the current rate might be enough to compensate the lost of mining because of the increase in the transactions.

Once the maximum supply is reached automatically the demand will be high leading to price increase. Along with the same the transaction fee will surely reach big as there won't be any more mining further takes place. The mined coins that're into circulation in different forms generate the growth.