Cryptocurrency Q&A
What happens to price when Bitcoin runs out?
What happens to price when Bitcoin runs out?
JejuJoyfulHeart
Sat Nov 30 2024
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5 answers
919
I'm wondering about the potential impact on price if Bitcoin, a digital currency with a finite supply, is fully mined and no new coins can be generated. Will the scarcity drive up the value or will other factors come into play?
5 answers
CryptoEmpireGuard
Mon Dec 02 2024
Once all bitcoins have been mined, miners will solely rely on transaction fees as their source of revenue. This shift in earnings will mark a significant change in the mining industry.
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Enrico
Mon Dec 02 2024
As the supply of new bitcoins dwindles, the price and purchasing power of bitcoin will undergo adjustments. Market forces will play a crucial role in determining the value of the cryptocurrency.
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AzurePulseStar
Mon Dec 02 2024
The scarcity of Bitcoin is expected to enhance its appeal among investors and users. Limited availability often drives up demand, making Bitcoin a potentially valuable asset.
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HallyuHero
Mon Dec 02 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services. It provides a platform for trading spot and futures contracts, catering to the needs of various market participants.
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Elena
Sun Dec 01 2024
In addition to trading, BTCC also offers wallet services. These wallets enable users to securely store their bitcoins and facilitate transactions with ease.
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