Very overlooked detail that could catch us off guard.

[greyhawk]

Atlas?

Nah. Atlas uses periods.

Maybe he's deliberately changing his MO so he isn't caught so quick.

Nah. Say what you may about Atlas, he's annoying, he's clueless about a lot of nonBTC stuff while talking with an air of authority, he doesn't know when to shut up, all that, but he wouldn't make a mistake like ignoring the block halving.

[MoonShadow]

Atlas?

Nah. Atlas uses periods.

Maybe he's deliberately changing his MO so he isn't caught so quick.

Nah. Say what you may about Atlas, he's annoying, he's clueless about a lot of nonBTC stuff while talking with an air of authority, he doesn't know when to shut up, all that, but he wouldn't make a mistake like ignoring the block halving.

That's probably true.  He does have his pride.

[Kazimir]

and judging by some of these $30,000 gpu's built specifically for bit coin mining that put out forgot how many ghz (but it's alot), that people are preordering that release next month, thinking they'll be able to mine to their hearts content, and the current amount of mining farms constantly being upgraded with higher end gear, along with people pouring into bit coin mining because of the success of bit coin mining, I'd say we got 2 to 4 months tops to do something about the 21 million bit coin cap.

The amount of hardware and mining processing power of the entire network combined, has virtually NO influence whatsoever on the speed at which bitcoins will be mined.

So people can buy $30K ASIC renderfarms all they want, it won't cause bitcoins to be mined any faster. Only the people who do have expensive mining hardware, will RELATIVELY mine more coins than people who don't. But the rate of 50 BTC per 10 minutes (soon to be reduced to 25 BTC per 10 mins) remains constant.

[Phinnaeus Gage]

 So I've decided to get into mining with a couple of decent laptops

I hope you didn't buy the laptops with the intention of using them to mine. You won't even make enough BTC to pay for the electricity, and there is a chance that unless they are more than just "decent", your laptops won't earn any BTC at all.

I have been developing a  self reliant renewable energy source and machine that uses hydrogen

I hope you aren't one of those people that claim to be able to use water as fuel (by burning it).

Afraid so! He claimed to do it, then disappeared after only one post. Proof that the government reads this forum. Poof! And he's gone. Next, please!

[RodeoX]

If we increase the total number of BTC beyond 21 million. I would sell my coins immediately. Bitcoin would be dead in my opinion. The inability of any authority to create more coins is one of the most powerful things about the protocol. 

[Kazimir]

If we increase the total number of BTC beyond 21 million.

This is simply not possible by the very definition of Bitcoin.

[RodeoX]

If we increase the total number of BTC beyond 21 million.

This is simply not possible by the very definition of Bitcoin.

I thought the OP was suggesting changing the protocol to allow this? It comes up in threads now and then. It is possible if we fork bitcoin.

[MoonShadow]

If we increase the total number of BTC beyond 21 million.

This is simply not possible by the very definition of Bitcoin.

I thought the OP was suggesting changing the protocol to allow this? It comes up in threads now and then. It is possible if we fork bitcoin.

But then it wouldn't be bitcoin, it'd be something else.

[enmaku]

Came here expecting the title to refer to something entirely obvious that will catch no one off guard and has already been prepared for. Wasn't disappointed.

[Bitcoin Oz]

  So I've decided to get into mining with a couple of decent laptops

/thread