I am asking this question for my knowledge as I don't know the real fact as a newbie, We know that Bitcoin has limited supply compare to new altercoins, As the supply is not too big, Bitcoin price has become very high, My question is ,Is it impossible to increase the bitcoin supply mining new bitcoins further more ? Thanks in advance
If you increase the Bitcoin supply it will lose the point and a LOT of value. Because what is done once, it will become habit. Increasing the number of coins will ruin the coin. Period!
If you increase the bitcoins supply, materiality of this coin was getting lowered. Because when numbers of bitcoin increase many people can afford this coin and possible they can hold it. Also I was not believe that when bitcoin number increase the price increase too.