Re: 51% problem still existant after all coins have been mined ?

Quote from: polynesia on July 26, 2014, 01:54:29 AM

Quote from: odolvlobo on July 25, 2014, 06:27:42 PM

That's an interesting idea. A person with 1 million BTC (you know who you are) could perhaps run a script that submits a transaction with a 0.1 BTC fee every 10 minutes. It could subsidize miners for 190 years.

And if BTC value shoots up, even 0.01 BTC might be sufficient to enthuse miners. It could subsidize miners like for ever.

It should happen since no coins are added into the market any more. If there are BTC in addresses and the owner have forgotten the private key, it would most likely shoot up since the market volume is lower and the demand would be higher as bitcoin would have gain much much more recognition. But honestly, would any of us here be able to live that long till no bitcoins will be mined?