Quote from: Wonder Work on Today at 01:36:55 AM

Quote from: Abiky on March 06, 2025, 11:53:08 PM

Although, it's likely BTC will keep rising in price up until the very last minted coin. That's projected to happen within 2140. Neither you or I will be alive by that time. Just take advantage of sudden "pumps" to make profit and forget about the rest. Wink

You have made a good point that the price of BTC will continue to rise until the ocean is gone, but according to the current context, it seems uncertain that the last coin will be created. As we move forward with the modern world, these coins will increase day by day, it is not right for us to imagine their end because if we keep up with the modern world, they will continue to exist.

However, the idea you have given is expected to be made by the year 2140. We are only imagining such predictions, we do not know how much they will be realized.

You sound confused Wonder Work. Of course, we know exactly bitcoin's issuance schedule out to 2140, so we know that it is going to take until then for all of the rewards down to 1 satoshi per block to take place.

Of course, we do not know all of the ramifications, and we do not necessarily know if the blocks will be mined faster or slower, since the software is currently set up based on blocks mined (ever difficulty adjustment every 2016 blocks, and every halvening after each 210,000 blocks), so we know the blocks and we estimate the calendar year based on the blocks... so then we an still also consider various ramifications of the disappearance of the new issuance, which also signifies the disappearance of the block rewards and a current expectation that bitcoin's security would still be incentivized by fees, yet sure, we cannot know how all of that will play out in terms of a lot of things can happen in the next 115-ish years - even though yeah, none of us will be alive in the human flesh form at that point.. absent some miracles in medicine.

My point is that there are somethings that are more logically inferable as compared to various human reactions, are less uncertain, so if we project that the bitcoin's will all be mined by 2140, then we are building in an assumption that bitcoin blocks will continue to be produced riht around every 10 minutes for the next 115 years as they had been done for the first 16 years of bitcoin's so far existence and its going live..

Quote from: Wonder Work on Today at 01:36:55 AM

Because we do not know whether we will survive until then,

We are talking about bitcoin surviving, to the extent that it matters to any of us who are going to vary in our own remaining time on earth. which is not completely knowable for each of us..

Quote from: Wonder Work on Today at 01:36:55 AM

but it is better not to make such thoughts at the present time because what will happen next depends on the future, how we are currently moving towards making profits according to the opportunities. Sometimes it is surprising to think that if we were to survive then, maybe we could see the situation, but according to the laws of nature, maybe we will leave before that, we will not be lucky enough to see them.

You are speaking a lot of gobble-dee-gook.

Each of us plans our finances in regards to our own personal circumstances, and our expected timeline is one of the calculations that each of us should be attempting to make. yeah, there are uncertainties with each of our personal particulars, yet we still go through life with some ballpark expectations and we plan around them, and sure many times we will be wrong in some of the details, yet we still tend to try to ballparkedly plan our lives in regards to various aspects of our personal details that are likely not static.