Quote from: ihsanskanzaone on December 10, 2017, 02:49:22 AM

Quote from: pawanjain on March 22, 2017, 04:50:25 AM

I am not sure that this section is right to post my thread .
my question is :
since it was already fixed by the bitcoin owner network that 21 millions bitcoin can exist in the whole internet
But now I heard that now the mining of the bitcoin will be unlimited , I mean unlimited bitcoin will generate by the bitcoin network .
If this is real news then the value of the bitcoin will go down speedly
It is because the supply is unlimited so it is simple to say that bitcoin price will no more increase rapidly ., so no more profit

what's your thought guys Huh

The value of bitcoin will not fall quickly therefore, the miners have a very important function that is matemati calculation, the mathematical calculation is to verify the bitcoin transactions that exist on the Internet. so the reason why miners are made unlimited is because more and more bitcoin users are making transactions and of course they want speed in transactions nah that's where the important role of miners.

There is no possibility of impairment because mined blocks are also more complicated and difficult, many miners need in this case. If the miners are restricted it will disrupt every transaction because if bitcoin becomes popular it will be full of daily transactions that will not be completed in a day.