Cryptocurrency Q&A
What happens when crypto supply runs out?
What happens when crypto supply runs out?
Sara
Tue Jul 02 2024
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6 answers
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With the ever-evolving landscape of cryptocurrency, the question of what happens when crypto supply runs out is a pertinent one. Does the scarcity drive up prices indefinitely? Does it create a new equilibrium? Or does it signal the end of a particular cryptocurrency's dominance? As investors and enthusiasts alike grapple with these questions, it's crucial to understand the implications of a finite supply on the market dynamics. Will miners shift to alternative coins, or will the remaining supply become so scarce that transactions become unfeasible? Exploring these scenarios is essential for navigating the uncertain future of cryptocurrencies.
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6 answers
Sara
Wed Jul 03 2024
Experts predict that there will be 64 such halvings before the Bitcoin supply cap of 21 million coins is reached.
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Carlo
Wed Jul 03 2024
This milestone is expected to occur sometime around the year 2140.
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Moonshadow
Wed Jul 03 2024
The Bitcoin network is designed to undergo a process known as "halving" approximately every four years.
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Riccardo
Wed Jul 03 2024
Once the cap is reached, the halving process will cease, and the blockchain will no longer issue new Bitcoins.
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Raffaele
Wed Jul 03 2024
This halving refers to the reduction of the mining reward for successfully adding a block to the blockchain.
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