When the bitcoin comes to an end.

23-08-2018, 11:17 PM

derekwilliam Wrote: Although the end date for mining bitcoins is 2140, there are already so many cryptocurrencies, and bitcoin was the first. Normally the initial adopter proves the market concept, in this case the idea of crypocurrencies, and then are replaced by something better.

The big issue with bitcoin is the transaction fee's, and the time it takes for a transaction to be confirmed, so unless bitcoin does something to solve this, I figure it has a life of 10-15 years.

After reaching the stipulated 21 million bitcoins generated through mining the bitcoin mining stops but existing bitcoinscan be traded usually.