Post
Topic
Board Economics
Re: Anybody know what happens when Bitcoin hits 21M circulating supply?
by
Gambitter
on 17/06/2018, 05:20:36 UTC
Hi guys! So, yeah, as you must know already, all crypto has a finite supply meaning its not going to be mineable forever I guess, but what actually happens when bitcoin hits 21 million max besides it not being mineable anymore? Does this increase the value quicker? Let me know if you know, i dont know the answer and would love to hear what you have to say



Well, in my opinion, by the time that this actually happens, I think that bitcoin's issues would have been solved already. Now if that would be the case , then I think that the prices by this time would be very expensive and would be much more stable and slowly rise up as the demand increases and the supply being held on to tightly by the owners. It would most likely be an expensive collector's item / great store of value like gold. That is what I think.
you are actually right, and since it has only limited supply we could also expect that the price would skyrocket. although not all of the following 21m supply would be circulating, it is always expected that the price will be very expensive.