Does that mean that there will be no more mining of ETH ? That will affect the price a lot right?
There will be mining but block rerward will be lower,it will be 2 eth ,down from 3 eth.
I think that after this the price of ETH will increase very much. Otherwise, mining ether will simply die.
It is not dramatic like that, mining will continue.These things happened in the past with lots of other coins and mining is still here.