Re: What do you think will happen to the price when all the bitcoins are mined?
The total BTC number limited to 21mln. and the last bitcoin will be mined no earlier than 2140 years. But something tells me that no one living today will see this moment. Therefore, what's the difference, what will be the price after all BTC have been mined.
It is difficult to make such forecasts, because the world has been changing very rapidly lately. It is also necessary to take into account many different factors. For example, what place in the world economy will take bitcoin. This will directly affect the price.
If try to predict, then I think bitcoim price will rise, as it has been up to now all the time. This should be affected by the fact that this asset can no longer be mined.
It is difficult to make such forecasts, because the world has been changing very rapidly lately. It is also necessary to take into account many different factors. For example, what place in the world economy will take bitcoin. This will directly affect the price.
If try to predict, then I think bitcoim price will rise, as it has been up to now all the time. This should be affected by the fact that this asset can no longer be mined.
Exactly. Neither of us will be alive by the time all 21 million coins are mined. Anything can happen within 118 years from now. If all goes well, Bitcoin can be worth a lot more than what it is right now. You won't be able to reap the benefits of a high-priced Bitcoin in the future, but your descendants will. No one can tell if Bitcoin will get that far due to its widely-unpredictable nature. Either Bitcoin will survive for generations or fade away into oblivion.
What matters is how Bitcoin is doing right now. We should take every opportunity possible to profit from it before it's too late. As long as it stays decentralized, there should be nothing to worry about. Just my opinion
