Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aminorex
on 09/04/2014, 18:58:24 UTC

Let's suppose, just for argument, that the majority of the miners decided to raise the cap to 210 million BTC, and lower the difficulty so that mining became 10 times more productive in BTC terms.  What would happen?


There would be a massive rush for the exits as btc was sold for another crypto, hard currency, or fiat.  Miners would end up with dogecoin equivalents.