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Will Bitcoin ever run out?
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[QUOTE="Nite, post: 237869, member: 28512"] One challenge that experts saw coming but probably not so soon is that earlier this month Bitcoin has reached 90% of its maximum supply, and it is a known fact that there are just 21 million Bitcoins left to be mined. According to researches, close to 19 million Bitcoins have already been mined, which means that now only 2 million are left to be mined. As per reports, the remaining supply of Bitcoin is expected to be mined by February 2140. It is obvious that the Bitcoin as an asset will become more scarce once it will all be mined, and instead of block rewards, miners will be dependent on transaction fees. Once the supply reduces, the price of Bitcoin will go up, but nothing is for sure. There are great chances that by the time Bitcoin's supply runs out, it will have a more defined purpose. [/QUOTE]
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Will Bitcoin ever run out?
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