If ever the miners will stop mining, bitcoin will die. Miners confirm transactions by adding them to the block chain. Miners are one of the reason why the bitcoin is still alive. And if they stop, normal people will continue it like they will become the another miners to mine in bitcoin.
First I want to say I am still very green and dont know a lot but I still mine. That being said, my thinking of bitcoin and mining is what you stated. So makes me wonder, what will happen in 2,5,10 years from now when mining the coins will be very hard and limited. Will it always be profitible?
When it becomes non profitable people will stop. I use myself as the example. Today I just turned my s9s back on because the price in back in the range that I can break even or make a little.
If we ever get to the point difficulty is too much, electricity is too much to be profitable what would happen to bitcoin? Would it simply die? How will transactions be made if most miners cannot make ends meet?
If we are the infrastructure of the system and cant make a profit what happens to the system?
I read and see many articles that make statements like its not feasible to mine bitcoin anymore.. so if people are only buying and trading... how can they without miners?
There is so much that I dont know or understand yet so just trying to shed a little bit of light on this.