What happens to the Bitcoin price when all bitcoins are mined?

3 answers

• Dec 29, 2021 · 3 years ago
  When all bitcoins are mined, it is expected that the scarcity of supply will drive up the price of Bitcoin. With a limited supply and increasing demand, the price is likely to increase over time. This is based on the basic economic principle of supply and demand. As the number of bitcoins available for mining decreases, the cost of mining will also increase, which can further contribute to the increase in price. However, other factors such as market sentiment, regulatory changes, and technological advancements can also influence the price of Bitcoin.
  556278
• Dec 29, 2021 · 3 years ago
  Well, let me tell you something. When all bitcoins are mined, the price is gonna go through the roof! It's gonna be like a rocket taking off to the moon! People are gonna be scrambling to get their hands on those last few bitcoins, and that's gonna drive the price up like crazy. So if you're thinking about investing in Bitcoin, now might be a good time to do it before all the bitcoins are gone!
  397133
• Dec 29, 2021 · 3 years ago
  When all bitcoins are mined, the impact on the price of Bitcoin will depend on various factors. While the scarcity of supply can potentially drive up the price, it's important to consider other factors as well. Market sentiment, investor behavior, and macroeconomic conditions can all influence the price of Bitcoin. Additionally, the mining process itself can have an impact. As the mining reward decreases over time, miners may need to rely more on transaction fees, which can affect the overall supply and demand dynamics. Overall, it's difficult to predict with certainty what will happen to the price of Bitcoin when all bitcoins are mined, but it's likely to continue being influenced by a combination of factors.
  719180