As the battle approaches the 21 million-unit border, analysts predict that buying a digital currency will gradually become increasingly difficult.
And that will make her even more valuable. Others argue that it will no longer be decentralized.
So far, 16,800,000 battles have been excavated. It is not possible to predict when it will be dug up to 21 million, but while some say that this can happen in five years, others argue that this will not happen in the next 100 years as mining will become harder.
As a reward for breaking blocks, originally 50 bits were obtained, then the "prize" fell to 25 bits, and to 12.5. As predicted, in 2020 it will fall to 6.25 bits, which will be unprofitable for miners.
When 21 million bits are excavated, supply can not grow - regardless of the growing demand. Some will lose access to their electronic banknotes, which will further affect them.
For this reason, enthusiasts think that this will result in a rise in price of $ 100,000 per coin.
I sure hope that you are right LOL
Once the 21 million bitcoin have been mined- Will Bitcoin be dead? As it would be pointless to mine such a long blockchain, which will probably be over several hundred terabytes by then- So who will set the prices for mining? The miners? The holders of bitcoin will be held hostage by mining fees, to pay for their equipment, as every transaction makes the blockchain ledger longer. Several angles to ponder. I think this may be the reason XRP Ripple was premined- and the tokens held from offering (It was made illegal in china until the political class was able to buy into it first) then made legal again and it became used in International commerce as immediate payment, so it could be gradually released and contracted, too stabilise pricing more effectively, possibly. Going to be interesting when they break that last block open.......
I think with Moore's law we will continue to see tchnology advance. Crypto-currencies will help with that progress. We'll probably see Artificial Intelligence managing crypto in the not so distant future.