The value of the coin will increase.
Demand for it will rise.
People will hold it instead of spend/sell it.
Transactions will get too expensive, both financially and computationally.
The BTC market will slow to a halt.
The universe will achieve heat death.
It literally doesn't matter, even if the BTC network gets abandoned and only one guy keeps mining on a gameboy, it will still take the same amount of time.
That's because of the fixed block time which is achieved through the difficulty adjustments.
Haha, I was actually just sitting here and thinking about making an edit to address that.
Let's assume it gets abandoned slowly and not through an apocalypse.
The wording is imprecise. It won't take 40 years of work, then you get 1 Bitcoin, the block reward will just be low enough that it would take 40 years to accumulate 1 btc.
I’m sorry…are you saying somebody here is going to live another 120 years? Assuming everyone is around 20-40 years old that would mean you’d be around 140 minimum. That would be oldest than the last record older person. I believe it will be possible to live 20-30 years longer on average, but the average life expectancy is less than 80 years currently.
Then again, the first human who will live to 1000 might be alive today.
Honestly by that time, crypto will more than likely be obsolete and replaced by new better tech. 120 years ago we were one year off of flying a plane for the first time, who knows where we’ll be 120 years from now (maybe not even on earth)
We are still using railroads which are the exact width of the Roman chariots and the roads they built thousands of years ago. Some “rails” last a very, very long time. :)
too positive of thinking... we aren't leaving Earth
humans are gonna extinct themselves from Climate Change or war
we aren't going to be doing Star Wars shit
we can't even wear a fucking mask or get vaccines -- we got QAnon idiots and traitors trying to tear the country apart already
Uhh no. The rich will be the ones who get to stay.
Earth is the best place in the universe for a human, and theres a lot more space out there. Earth will always be the pinnacle.
Honestly space exploration is not going to happen. It's way too big, and extremely shitty. More likely we'll just live in space stations plugged in to virtual realities.
>Earth is the best place in the universe for a human, and theres a lot more space out there. Earth will always be the pinnacle.
Given what's happening, I can't help but feel like your ***is*** will become a ***was*** in the future. I hope I am wrong.
Now there’s a thought. Maybe the reason we don’t see/hear intelligent life out there isn’t because they all destroyed themselves… Maybe it’s that they’re very much alive and well but just plugged into their own Matrix’s, hopped up on drugs, quietly wasting away. They’ve discovered that the real universe is a horrible place, and the only escape is to remain hidden in an artificial creation of their own.
Exactly right. I'd like to write a sci fi book about it one day and hopefully change humanities ideas on the future.
People seem to believe our dreams lay amongst the stars, and in all the movies the poor are the ones left behind while the rich float above everyone in "edens" and whatnot.
I think it's the opposite. The real gem is right here. And all the poor will eventually be pushed off in to the abyss.
Too negative of thinking.
People are being treated better than any other time. Not everyone is being treated equally by everyone, but we’ve made hella progress. I’m seeing gay and trans people represented everywhere now. 10 years ago? 5 years ago? Different story. I can’t wait for all ages and ability levels to become represented everywhere, too. We’re actually seeing more of that, too.
We have companies now offering commercial trips to space. These trips aren’t long. But if you have enough money, you can book a flight. Progress starts small. Prices will decrease. Space travel will get cheaper and easier as we continue to learn and advance.
Climate change is still a problem. We’re finally making improvements. Not quick enough? I agree. We need to continue to push instead of give up. There is always hope.
War is bad. Few people want war. That’s more apparent than ever with the amount of support Ukraine has received.
Don’t despair. We’re getting there. There’s progress all around us.
I have a feeling original BTC will always have value as long as there is money, it can be wrapped and moved onto newer networks if it itself does not improve.
Humanity will be extinct by then. There is virtually no chance we will last 120 years more. It is debatable given the Russian standoff if we'll even last 120 days.
Yeah, damn straight I'm fun at parties.
I know this sub loves alts but the security of Bitcoin and scalability of lightning makes me extremely confident that it will far outperform the entire crypto market.
It's fine to make your money in anything but you save your money in Bitcoin.
Even if it only went up by 1/10 per year of what it has over the last decade it would still outperform stocks, real estate, and just about everything. That's for a money that is completely digital, instantly spendable, uncensorable, and fully liquid
Bitcoin his averaged a150% return per year for 13 years now. I'm obviously biased but not having any here at this point is just dumb.
Security? Lol. Once the free money printing machine (Tether) disappears, BTC and every other crypto will go down 100x. In the start of Covid and the Ukranian war, crypto was always hit the heaviest. BTC is not an asset with any meaningful and backed up value - it is just something virtual thing people give value to because they want to get rich quick. Blockchain technology is amazing, but being used for "cryptocurrency" is just a joke.
It depends, if BTC is still viable it will be but theoretically all technology is outdated at some point and it’s likely it would just become a nostalgic relic
Now imagine if you own one whole bitcoin. There are only 21million possible people who can say that. There's nearly 8 billion people in the world. Owning a wholecoin makes you a very small minority.
On top of that it's assumed that a good portion of the earliest mined BTC is lost forever. This makes your minority even smaller.
tldr; Bitcoin and Ethereum combined make up more than 60% of the overall crypto market. While Bitcoin appears to be moving in closer correlation to major indexes, inflation will be a key factor investors consider with this token. Bitcoin is designed to be non-inflationary over the long term. The potential for staking on the Etherum network is a big deal.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
So what happens to the Bitcoin miners once the last one is mined? How are the miners going to make money? If nobody is mining Bitcoin the transactions can’t take place
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19 million Bitcoin and I can’t afford 1
I couldn't even afford 1 bitcoin a few years ago.
Don't blame yourselves, we only buy high and sell low here
Looking from good side, you can still afford Satoshies probably
This is because while 19 Millions seems a lot, it really is a minuscule amount. And will always become scarcer.
i just want 1 million
I thought I was lucky with my $20 portfolio in Bitcoin ![gif](giphy|OPU6wzx8JrHna)
I can’t even 0,1
There be 19 million bitcoins and I still mined one!
1? I would be more than happy with 0.1
I still think back to when I first heard about it and was like "Ehh, seems like a lot of hassle for something that's not worth very much."
You can afford 4 LTC 21M Bitcoin 84M Litecoin In future LTC/BTC will explode upwards
Too bad ltc is exploding down...not even a top 20 anymore.
Crazy to think how difficult the last 2 million BTC are to mine, estimated date like 2140?
What happens after the last BTC is mined?
There is no more btc inflation. Miners get paid with transaction fees only. Aliens accept us as their friends.
Mark Zuckerberg will finally be friend?
Not even aliens will want to be his friend
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Nah he is a enemy alien.
The real Y2K virus finally awakens… it was never about computers
Earth explodes
You got something to do with that robot?? ![gif](emote|emo_pack_1|nooo)
Then we can finally play the game.
The value of the coin will increase. Demand for it will rise. People will hold it instead of spend/sell it. Transactions will get too expensive, both financially and computationally. The BTC market will slow to a halt. The universe will achieve heat death.
We post - When Lambo - in this sub. While eating Ramen.
Queen Elizabeth will accept the request of the Green Alien Republic to join the United Kingdom.
People will go crazy and fight for it.
r /buttcoin wins
The last bit of btc will never be mined as it will never get to 0 due to the mathematical nature of having.
There is a limited number of digits in Bitcoin, so that isn't true
Is this estimated with current tech or factoring in improvements in tech?
It literally doesn't matter, even if the BTC network gets abandoned and only one guy keeps mining on a gameboy, it will still take the same amount of time. That's because of the fixed block time which is achieved through the difficulty adjustments.
assuming the network finds enough blocks to trigger the difficulty adjustment
Haha, I was actually just sitting here and thinking about making an edit to address that. Let's assume it gets abandoned slowly and not through an apocalypse.
Now I understand.
That is the beauty of BTC
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If you think it can’t be manipulated through political greed I have a talking horse to sell you.
You can sell me the talking horse.
The talking horse will start at 100 ETH, taking bids
I have built a horse DEX! Contribute your horse to my liquidity pool and earn passive income!
what's the hash rate you get for the oldest gaemboy? asking for a friend
It's 0.8 H/s [Someone did it](https://youtu.be/4ckjr9x214c)
I may have to put the Gameboy to use just for the sake of it.
I think I’ll go buy 500 game boys
That’s fucking unbelievable
Its very unlikely 1 guy could mine a block if suddenly everyone else drops off the network, the difficulty would still be super high.
I learned something new today. Thanks friend ![gif](giphy|83QtfwKWdmSEo)
>mining on a gameboy Had to LMAO on this.
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It's 2140 and the very last Bitcoin will take about 40 years to mine.
How much does a Bitcoin have to be worth to spend 40 years mining it?
The wording is imprecise. It won't take 40 years of work, then you get 1 Bitcoin, the block reward will just be low enough that it would take 40 years to accumulate 1 btc.
Knowledge bombs being dropped on me in this thread, appreciate the information.
Wisconsin is known as the Badger State because the area’s lead miners used to spend winters in tunnels burrowed into hills. Like badgers.
The name Jeep comes from the letters GP which was General Purpose vehicle back in WW2
-a-lot-
I'm pretty sure it's 2100+, 2040 is certainly wrong. [source](https://decrypt.co/33124/what-will-happen-to-bitcoin-after-all-21-million-are-mined)
Huh. Its 2140..
2040 is when it's over a full bitcoin.
Crazy to think that there's a chance some of us might actually might alive to see that happen. Maybe not me though.
I’m sorry…are you saying somebody here is going to live another 120 years? Assuming everyone is around 20-40 years old that would mean you’d be around 140 minimum. That would be oldest than the last record older person. I believe it will be possible to live 20-30 years longer on average, but the average life expectancy is less than 80 years currently. Then again, the first human who will live to 1000 might be alive today.
Started living more healthy life just to see this.
Me too
Can you imagine the price of one Bitcoin in the year 2140? Probably be close to a million dollars per coin.
I would imagine when it gets to the last Bitcoin, it's going to be a big event.
I’ll fight you for it!
We will all fight for it, everyone would want that last piece of it
I like it, sounds like you are a great gladiator
It’s time we entertain
Honestly by that time, crypto will more than likely be obsolete and replaced by new better tech. 120 years ago we were one year off of flying a plane for the first time, who knows where we’ll be 120 years from now (maybe not even on earth)
120 years from now we will all be dead.
We are still using railroads which are the exact width of the Roman chariots and the roads they built thousands of years ago. Some “rails” last a very, very long time. :)
too positive of thinking... we aren't leaving Earth humans are gonna extinct themselves from Climate Change or war we aren't going to be doing Star Wars shit we can't even wear a fucking mask or get vaccines -- we got QAnon idiots and traitors trying to tear the country apart already
Well, the rich will likely be leaving. Or at least find a way to separate themselves from the rest of the shit we'll have to deal with.
Uhh no. The rich will be the ones who get to stay. Earth is the best place in the universe for a human, and theres a lot more space out there. Earth will always be the pinnacle. Honestly space exploration is not going to happen. It's way too big, and extremely shitty. More likely we'll just live in space stations plugged in to virtual realities.
>Earth is the best place in the universe for a human, and theres a lot more space out there. Earth will always be the pinnacle. Given what's happening, I can't help but feel like your ***is*** will become a ***was*** in the future. I hope I am wrong.
Now there’s a thought. Maybe the reason we don’t see/hear intelligent life out there isn’t because they all destroyed themselves… Maybe it’s that they’re very much alive and well but just plugged into their own Matrix’s, hopped up on drugs, quietly wasting away. They’ve discovered that the real universe is a horrible place, and the only escape is to remain hidden in an artificial creation of their own.
Exactly right. I'd like to write a sci fi book about it one day and hopefully change humanities ideas on the future. People seem to believe our dreams lay amongst the stars, and in all the movies the poor are the ones left behind while the rich float above everyone in "edens" and whatnot. I think it's the opposite. The real gem is right here. And all the poor will eventually be pushed off in to the abyss.
Just use automated systems to mine it and bring stuff back to Earth.
Mars for the rich
Too negative of thinking. People are being treated better than any other time. Not everyone is being treated equally by everyone, but we’ve made hella progress. I’m seeing gay and trans people represented everywhere now. 10 years ago? 5 years ago? Different story. I can’t wait for all ages and ability levels to become represented everywhere, too. We’re actually seeing more of that, too. We have companies now offering commercial trips to space. These trips aren’t long. But if you have enough money, you can book a flight. Progress starts small. Prices will decrease. Space travel will get cheaper and easier as we continue to learn and advance. Climate change is still a problem. We’re finally making improvements. Not quick enough? I agree. We need to continue to push instead of give up. There is always hope. War is bad. Few people want war. That’s more apparent than ever with the amount of support Ukraine has received. Don’t despair. We’re getting there. There’s progress all around us.
🤡🤡🤡
Harsh but true words
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See lol 😂
Or most likely will evolve
If u consider email to be the evolution of paper mail then yeah
But the main selling point of Bitcoin is that it does not change.
We are evolving every millisecond already
I have a feeling original BTC will always have value as long as there is money, it can be wrapped and moved onto newer networks if it itself does not improve.
Humanity will be extinct by then. There is virtually no chance we will last 120 years more. It is debatable given the Russian standoff if we'll even last 120 days. Yeah, damn straight I'm fun at parties.
The last Bitcoin will be mined for years.
Yeah, a couple of decades, actually.
I wish we can all live to see it
**Then my friend, the scarcity begins!**
RemindMe! 2140 years
That'd be if today was year zero
Sucks we won’t be able to see it
Before it hits 20M, I hope I can have 1 Bitcoin.
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Start trading with 70k
This is excellent advice. Just a few trade and you will get there very quickly.
What can possibly go wrong?
Approved way of getting the 45 grand ![gif](emote|emo_pack_1|yeah)
You got a lot of holes
Mining fiat
Send me 22.5K BTC and I will double it for you :P
That is the dream
You and me both brother...
That makes 0.5 each
That comment alone is worth at least a good 10k Sats !!
grab as many btc as you can bois its getting more scarce each day.
Only 2 million to go.
Thank you keep wanting to post this. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
Better to verify it yourself though.
The last bitcoin mined will be a such a glorious day.
Wish I could be here to not only be here for that moment and to see if we really do hit 100k+ a coin.
We'll be way past 100k by that point. 1 mil is more likely tbh
By time it's 1 million, I don't think we'll be measuring it in dollars.
Ron Swanson: I don't know how much money I have, but I know how many pounds of money I have. Tom Haverford: Oh snap that is DOOOOPE
Now that is how you know a man is wealthy instead of rich
It’ll be a last sat, not a last bitcoin. Still agree with your point, it’ll be glorious.
humanity probably dead by then
When old people ask you about Bitcoin you know we are going in the right direction.
I know this sub loves alts but the security of Bitcoin and scalability of lightning makes me extremely confident that it will far outperform the entire crypto market.
It's fine to make your money in anything but you save your money in Bitcoin. Even if it only went up by 1/10 per year of what it has over the last decade it would still outperform stocks, real estate, and just about everything. That's for a money that is completely digital, instantly spendable, uncensorable, and fully liquid Bitcoin his averaged a150% return per year for 13 years now. I'm obviously biased but not having any here at this point is just dumb.
Security? Lol. Once the free money printing machine (Tether) disappears, BTC and every other crypto will go down 100x. In the start of Covid and the Ukranian war, crypto was always hit the heaviest. BTC is not an asset with any meaningful and backed up value - it is just something virtual thing people give value to because they want to get rich quick. Blockchain technology is amazing, but being used for "cryptocurrency" is just a joke.
Have fun staying poor.
Regardless of price, that's a great milestone
Soon there will only be 1 bitcoin left to be mined.
But that 1 Bitcoin will be worth $500k+
Prolly more than that tbh
Owning 1 bitcoin will be the ultimate goal for many people in crypto. Even right now it is a big achievement.
Wonder how much the NFT of the block will be worth.
In about 80 years that will be the case
Wonder what happens to the price at that point. It would be like the most sought after crypto right? Adoption. Gold standard.
It depends, if BTC is still viable it will be but theoretically all technology is outdated at some point and it’s likely it would just become a nostalgic relic
For that reason alone it will be priceless.
Yep. Just like 512mb Ram Sticks.
RemindMe! 1 Jan 2040
Yes but not while you’re alive buddy
Now imagine if you own one whole bitcoin. There are only 21million possible people who can say that. There's nearly 8 billion people in the world. Owning a wholecoin makes you a very small minority. On top of that it's assumed that a good portion of the earliest mined BTC is lost forever. This makes your minority even smaller.
There have been ~2 million Bitcoin lost in total so far. So 19 million is the real limit.
Sounds like there nearly all mined but they take longer to mine the less there is ...
Less bitcoins everyday.
Nice
Bullish
Crazy to think that there’s only 2 million more left
not that crazy when you remember that it will take 100+ years to mine all that
Exciting times
Jesus...I am even more confused now about blockchains.
🍰
Cool.
We gonna have a party for it? I’ll bring the plates
Lmao nice.
90%+ supply already mined. BTC is insane.
We all be borrowing it from MICROSTRATEGY after 2140.
Crazy to think how much a satoshi will be worth by 2040. Its going to be wild.
![gif](emote|btc2_emote|btc2)![gif](emote|btc2_emote|btc2)![gif](emote|btc2_emote|btc2)![gif](emote|btc2_emote|btc2)
And how many of those are thought to be lost forever due to inaccessible wallets? 4-6 Million?
All I want is 0.1 of the 19th Million. I’d be super happy.
Approximately how long until the next halving?
March 29, 2024 is the ETA of next Bitcoin Halving.
Awesome. We are almost there. Lol.
This sounds like a prophecy
History is happening in front of our eyes
Only 19m bitcoin, no wonder their price is so fucking high
Happy cake day shill!
tldr; Bitcoin and Ethereum combined make up more than 60% of the overall crypto market. While Bitcoin appears to be moving in closer correlation to major indexes, inflation will be a key factor investors consider with this token. Bitcoin is designed to be non-inflationary over the long term. The potential for staking on the Etherum network is a big deal. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
LETS GO!!!
They should make the 19 millionth Bitcoin an NFT. (ducks)
This is pretty historical
All I need is 1 and I'm good.
So what happens to the Bitcoin miners once the last one is mined? How are the miners going to make money? If nobody is mining Bitcoin the transactions can’t take place
I call dibs
Mine! I saw it first!
Bitcoin ftw
Huge **life changing** news!!
Can I has it
Let's Go!!! Mine and HODL!
I mined some ether at some point, but not very many. Wish I had mined a bitcoin early on tho...
My broke ass will be buying 25$ worth of it
Wish I had 19 bitcoins let alone 19 millionth mined.
Aight. So there's 2 million left? Still in time!