Post
Topic
Board Beginners & Help
Re: Earn an UNLIMITED number of free bitcoins.
by
TheHeroMember
on 11/01/2012, 02:33:27 UTC
False advertising.  Simply not possible to earn unlimited Bitcoins.  By protocol rules they are limited.

What do you think would happen to lost btc then?

They are lost forever?

Which only makes Bitcoins even more limited. 

I don't think so. You're trying to tell me that the more limited or rare it become, the higher rate/value of btc. What if i kept/hoard bitcoins till there's just 100btc left? then that time its value is $300,000.00=1BTC , say i  have kept/hoarded 3Million BTC.  Huh

If you are confused I can't help you.

Imagine satoshi had designed Bitcoin to only have 2.1 mil total coins and the block reward started @ 5 BTC not 50 BTC and everyone had 1/10th the coins they have right now.  What do you think the price of a coin would be?


I understand if you can't answer my question. You said that lost bitcoins are lost forever, do you mean to say that there are chances that bitcoin will all be lost?