Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin collapse after 21 million coins are mined?
by
Dmitry.Vastov
on 12/04/2018, 09:22:28 UTC
Bitcoin has a limit to the number of tokens it will release. That number is hard-coded at 21 million. The estimated date of Bitcoin issuing its last coin is believed to be in the year 2140. No one can predict what will happen at that point, but miners will always earn some profit from transaction fees. Plus, users of the blockchain and the Bitcoins themselves will be incentivized to protect the network, because if mining stops, Bitcoins become vulnerable and so does the data that has been locked into the blockchain.
Today we r living in the year 2k18 and in this year there is so much fluctuationin the valuation of BTC and people are worring about the year 2140, I think this is the foolishness if someone is thinking about that far future when the BTC will stop being mined and there will be no BTC to be own. First of all, I think this condition is next to impossible and if the worst will happen then  alsopeople will get profit, so don't worry and just enjoy your bitcoining.