Post
Topic
Board Beginners & Help
Re: Earn an UNLIMITED number of free bitcoins.
by
btc_artist
on 27/12/2011, 15:08:39 UTC
Thus this mean that it is designed to be limited or someone is limiting bitcoins so as to make its value higher than the actual dollar or money??? Do you admit that someone is controlling its flow or hoarding btc so as to make it rare?
The code and protocol, as designed, put a hard limit of around 21M bitcoins total.

What happens then to lost btc?

This guy has an effin' good point; what happens if rich BTC users die and their Bitcoins are lost forever? I never thought about that, but surely somebody else did?
remaining bitcoin raise in price. what happens if i put a ton of gold on the bottom of ocean -> less gold in the world -> higher price.

Cool, say if there's only 1btc left? or 000000000000000000000000000000.1 left ? Huh
You would presumably increase divisibility and price would balance things out.  Practically, that won't happen.  As people figure out how Bitcoin works, they won't let their bitcoin go with them when they die.