Quote from: Cinon on December 19, 2016, 04:20:53 AM

Quote from: pooya87 on December 19, 2016, 04:12:50 AM

Quote from: Cinon on December 18, 2016, 06:05:02 PM

~the cap of 21 million would be lifted.

go here (https://coinmarketcap.com/#USD) then in that table click on the "Available Supply" link in the header to sort the coins with that factor in a descending order and take a look at coins with a massive available supply and take a look at each of their prices.
and if you are not familiar with the concept of "supply and demand" google it.

I'd argue that the demand for bitcoin is low because of the early adopters hoarding most of bitcoin and waiting for the greater fool to fall in the trap. If the distribution was more fair, the demand would grow faster than the increased supply.
Also, the miners, who are the backbone of bitcoin, are being exploited by constantly decreasing wages and more difficult work every day! We must unionize!

i don't know why you only understood the irrelevant half of my comment! i am talking about "supply" part of it. if we assume your suggestion is implemented, then there are going to be thousands of miners mining bitcoin and earning a very large amount of bitcoin everyday, an amount which is then going to be dumped on the market killing the price.

go take a look at that link and study the history of some of those coins, you can even check out some of the top coins too. they all suffer from the same mistake. lots of mining reward, miners dumping and price crashing. essentially making it worthless.

p.s. you think gold would have been valuable if you could find it growing on trees?