Post
Topic
Board Bitcoin Discussion
Re: Will the price be stable?
by
Sithara007
on 14/04/2018, 03:44:21 UTC
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

The last block is supposed to be mined in 2140, which is 122 years away from now. I don't think that Bitcoin will survive for that long, and therefore we don't need to worry about it. Even if it survives for that long, this event will have hardly any impact on the exchange rates. Because the exchange rates solely depend on the supply-demand equilibrium.