I read today that 80% of bitcoins are mined already. If we assume 3 years max it all mined what happens then. Will it yet be tradable. Will people yet pay a premium to own it. Or it just becomes a collectible and you can sell it to highest bidder. What should we do move from bitcoins and go to alts? I have never been so puzzled so need your opinion
Those 20% supply available to be mine is not going to be mined in just 3 years because block rewards will be halve every 4 years and difficulties are increasing that is why mining the last bitcoin will take a century, but when all bitcoins are already in circulation mining will still continue because the only purpose it will do is to confirm all transactions but I dont think it will be profitable for those bitcoin miners if they will only gets rewarded by tranaaction fees. I dont think about this because maybe im out of this world before that last bitcoin gets out on circulation.