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by Kathula 1921 days ago
>I think it will continue to increase in value for while, as it continues to plumb the depths of “people who haven’t bought in yet”

How many people do you think owns Bitcoin? And how many people are there in the world?

>and eventually they’re going to run out of coins to mine

Perfect example of just how uninformed the crowd at hackernews really isn't. You haven't done zero research. If you actually looked it up, you'd know that the block-reward gets cut in half every four years. So "running out of coins to mine" won't be happening until the year 2140, and even then there's incentives for the miners to continue mining.