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
Don't mind too much yet you wont able to reach that year on where all the 21M coin supply would be totally mined.
No one knows on what would happen on that year it would be on 2100+ as far as I remember. If demand is high then already the supply
is only limited then expect the price would really more than as we are on now.