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Masari: Simple Private Money

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After all 21 million Bitcoins are mined, who will confirm transactions?

submitted by treboy123 to BitcoinBeginners [link] [comments]

[ Bitcoin ] The maximum number of bitcoin that will ever be mined, or be existence, is capped at 21 million , of which 17 million are now in existence. 18. The creator(s) of Bitcoin owns around 21 1 million of the total that will ever be in existence.

[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by trade_with_darren [link]
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How is bitcoin supposed to become a widespread currency/mean of payment if most of the 21 million coins to ever exist are already mined and in the hands of very few people?

submitted by gotham64 to BitcoinBeginners [link] [comments]

09-05 06:54 - 'The maximum number of bitcoin that will ever be mined, or be existence, is capped at 21 million , of which 17 million are now in existence. 18. The creator(s) of Bitcoin owns around 21 1 million of th...' (self.Bitcoin) by /u/trade_with_darren removed from /r/Bitcoin within 271-281min

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The maximum number of bitcoin that will ever be mined, or be existence, is capped at 21 million , of which 17 million are now in existence. 18. The creator(s) of Bitcoin owns around 21 1 million of the total that will ever be in existence.
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Author: trade_with_darren
submitted by removalbot to removalbot [link] [comments]

The maximum number of bitcoin that will ever be mined, or be existence, is capped at 21 million , of which 17 million are now in existence. 18. The creator(s) of Bitcoin owns around 21 1 million of the total that will ever be in existence. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

In 2010 a signed integer overflow allowed over 180 billion Bitcoin to get mined when max BTC cap is 21 million

submitted by kellysmith to cybersecurity [link] [comments]

Bitcoin's supply is limited. What will happen to Bitcoin after all 21 million are mined?

Bitcoin's supply is limited. What will happen to Bitcoin after all 21 million are mined? submitted by FirmShift6 to Bitcoin [link] [comments]

What will happen to the value of bitcoin when all 21 million bitcoins are mined? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Why Are There Only 21 Million Bitcoin and What Happens After They Are All Mined? (current BTC/USD price is $11,499.00)

Latest Bitcoin News:
Why Are There Only 21 Million Bitcoin and What Happens After They Are All Mined?
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
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What Happens to Bitcoin After All 21 Million Are Mined?

What Happens to Bitcoin After All 21 Million Are Mined? submitted by TeslaWatt to BitcoinMining [link] [comments]

05-25 21:44 - 'Mining farms will become the first decentralized banks by 2022. 10,000% gains in Bitcoin is imminent. Expect Bitcoin to reach 100 million by 2023. Bitcoins will be tokenized on Stellar when a Satoshi reaches $1. Sta...' (i.redd.it) by /u/tinycoin removed from /r/Bitcoin within 6-16min

Mining farms will become the first decentralized banks by 2022. 10,000% gains in Bitcoin is imminent. Expect Bitcoin to reach 100 million by 2023. Bitcoins will be tokenized on Stellar when a Satoshi reaches $1. Stake Bitcoin on a Ledger Miner X to tokenize every Satoshi for more cents.
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Author: tinycoin
submitted by removalbot to removalbot [link] [comments]

After all 21 million Bitcoins are mined, who will confirm transactions? (/r/BitcoinBeginners)

submitted by ContentForager to mistyfront [link] [comments]

07-22 09:24 - 'I think Satoshi made the total supply of Bitcoin, 21 million, by the year 2140 because he needed to mine a million coins to secure the early network and never intends to spend those million coins; THEREFORE, his/he...' (decrypt.co) by /u/KalEll66 removed from /r/Bitcoin within 4-14min

I think Satoshi made the total supply of Bitcoin, 21 million, by the year 2140 because he needed to mine a million coins to secure the early network and never intends to spend those million coins; THEREFORE, his/her intention was to cap the supply at 20 million (nice round number). See analysis
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Author: KalEll66
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06-23 20:24 - 'What will happen to Bitcoin after all 21 million are mined?' (decrypt.co) by /u/Decrypt_media removed from /r/Bitcoin within 262-272min

What will happen to Bitcoin after all 21 million are mined?
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Author: Decrypt_media
submitted by removalbot to removalbot [link] [comments]

When all 21 million Bitcoin are mined, will transaction fees inevitably go up?

P.S. for all those who want to say that this will only happen in 2140, so I shouldn't worry about it, I respectfully say that it's something I'm interested in! I'd be very grateful for your responses!
submitted by ABCBAA to Bitcoin [link] [comments]

What Happens to Bitcoin After All 21 Million Are Mined?

What Happens to Bitcoin After All 21 Million Are Mined? submitted by TeslaWatt to CryptoCurrencies [link] [comments]

What Happens When All 21 Million Bitcoins Are Mined? | Paxful Blog

What Happens When All 21 Million Bitcoins Are Mined? | Paxful Blog submitted by Martha_Paxful to paxful [link] [comments]

Bitcoin (BTC) Scarcity Sets In: 85% of the 21 Million Total Supply is Mined

Bitcoin (BTC) Scarcity Sets In: 85% of the 21 Million Total Supply is Mined submitted by blessedjj to Bitcoin [link] [comments]

What would happen when all 21 million bitcoins have been mined?

I am trying to understand this field and I thought to myself if there a finite amount of bitcoins, how valuable would then the currency be ?
And how would the value then change ? Surely the key towards any cryptocurrency surviving long term is that a very large number of people are using it in the future. If not, then the whole system collapses on itself because there wouldn’t be enough users in the system to keep it afloat. This logically means only a few cryptocurrencies will dominate in the future, maybe even only one. Even if it is bitcoin, if it has to survive long term , wouldn’t it mean that a substantial number of services/businesses would have to trust/use this currency to keep it circulating and thus keep its value? And they would also simultaneously need a large number of people with bitcoin to spend, like a symbiotic relationship. Is that where the inherent risk comes from ?
Sorry if the questions sound like rambling’s, it’s because they literally are. I’m just writing down whatever I am thinking. I only read up on this topic today so I had a lot of questions. I don’t understand a lot still, but any help would be appreciated . :)
submitted by Lt2805 to BitcoinBeginners [link] [comments]

3 Possible Scenarios When The 21 Million Bitcoins Are Mined

3 Possible Scenarios When The 21 Million Bitcoins Are Mined submitted by sylsau to CryptoCurrency [link] [comments]

3 Possible Scenarios When The 21 Million Bitcoins Are Mined

3 Possible Scenarios When The 21 Million Bitcoins Are Mined submitted by sylsau to Bitcoin [link] [comments]

What Happens to Bitcoin After All 21 Million Are Mined ? What ls the difference with Nano

What Happens to Bitcoin After All 21 Million Are Mined?
Nano works with pos and there is no mining needed . So what is the difference between Nano and Btc , Can btc survive without having Mining ⛏ ? What are the advantages of pos against pow ?
submitted by galleriesdatca to nanocurrency [link] [comments]

Bitcoin Q&A: The 21 Million Supply Cap - YouTube WHY WILL THERE BE ONLY 21 MILLION BITCOINS? ONLY 21 MILLION BITCOINS MADE Why there will never be more than 21 million bitcoin. Bitcoin Q&A: 21 million bitcoins - Andreas M. Antonopoulos ...

Satoshi put the hard cap of Bitcoin at 21 million BTC. If everything is as scheduled, it will take miners 120 more years to mine all BTC that will ever exist, which is the year 2140. The question ... An dem sogenannten „Mining“ (Schürfen), also der Erzeugung des elektronischen Geldes, kann im Prinzip jeder teilnehmen, der möchte. Das wird jedoch immer kostenintensiver. „Mittlerweile br Bitcoin News: 18 von 21 Millionen (85%) Bitcoins durch Mining weg! Von. Jurek Bormann-Mittwoch, 16.10.2019. Seit seiner Entstehung 2009 sind Ende dieser Woche bereits 18 Millionen Bitcoins durch Mining entstanden. Laut dem Blockchainexplorer könnte es als Freitag Abend die 18 Millionen BTC-Party geben. Damit wären bereits 85% aller Bitcoins gemined, es verbleiben also noch 3 Millionen von ... Denn die 21 Million ist auch eine mathematische Konsequenz. Sie ergibt sich, wenn man die Zahl der produzierten Blöcke (210.000 pro Jahr) mit der Summe der sich halbierenden Belohnungen (50+25+12,5+…0 ≈ 100) multipliziert. Die Frage bleibt, was zu erst da war – das Limit oder das Mining-Protokoll. Bitcoin Limit von 21 Mio. BTC als Problem für die Miner? Das Mining spielt eine entscheidende Rolle im Bitcoin Netzwerk. Die Miner sorgen dafür, dass die Transaktionen in die Blockchain eingebaut werden. Als Belohnung erhalten sie dafür Bitcoins. Aktuell sind das 12,5 BTC pro gefundenem Block und zusätzlich einige Transaktionsgebühren, die ...

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Bitcoin Q&A: The 21 Million Supply Cap - YouTube

In this video we answer the very famous question: Why Will There Be Only 21 Million Bitcoins? Calculation involved for 21 million: Calculate the number of blocks per 4 year cycle: 6 blocks per ... What determines the supply of bitcoin? A probabilistic, geometrically declining supply function meant to simulate the issuance of precious metals. Every ten ... It's a well-known fact that bitcoin mining consumes energy. Many people don't realize the global cost to run the Bitcoin network, with electricity costs at m... Heute geht es um die Frage, wieso es nur 21 Millionen Bitcoins geben wird. Angelehnt an die Frage, stelle ich noch eine interessante Theorie am Ende des Videos vor. Viel Spaß!! Für Kritik und ... Crypto Mining Made Easy with MINY. Visit the official website for more details: https://bit.ly/37G0ANX What Happens To Bitcoin After All 21 Million Are Mined...

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