Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
Just for me i think when the total supply of bitcoin is pushed to the limit i think the bitcoin mining is going to stop and for sure as you said l the transaction is become expensive and the price will decrease a little bit because the more total supply the less price just in my opinion hehe.