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Author Topic: HARD LIMIT 21 M MYTH  (Read 2599 times)
Elwar
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March 02, 2013, 07:23:39 PM
 #21

The 21 Million myth has been completely blown away by the OP.

If one Satoshi is worth $1 million each. Then you can trade the value of that Satoshi in dollars now and leave Bitcoin behind.

And as long as they can keep printing dollars, then Bitcoin will last forever!!!

Awesome.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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Nemesis
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March 02, 2013, 07:24:42 PM
 #22

whats going on with all the dumbass coming to this forum and start wasting ppl's time?


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March 02, 2013, 07:26:31 PM
 #23

It's only a waste of time if you don't have them on ignore...
auzaar
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March 03, 2013, 04:20:46 AM
 #24

Huh? The Bitcoin client and protocol that I use is not compatible with whatever you are talking about. Those newBitCoin will not be recognized on the original block chain.

no you trade into them

you sell your bitcoins they give you other currency
see

this the first thing I did when I got bitcoins is diversified a portion out to other crypto currencies

https://vircurex.com/welcome/index

So, Bitcoins are unlimited because I can trade them for something that isn't Bitcoin?

That's like saying gold is unlimited because I can trade it for silver, yet an ounce of silver is not equivalent to an ounce of gold.


no no, the divisibility of the value of bitcoins is unlimited, your getting stuck on place holders for value rather than value itself...the market does not care if no more bitcoins can be produced if demand is high its value will traded by proxy currency


In that case why you even need a proxy when bitcoins can be infinitely divisible?
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March 03, 2013, 04:31:30 AM
 #25

You have no idea what you are spewing...seriously, do not come back, search, then come back.  Goodbye.
EDIT:Ignore
EDIT2:Mod plz move this

Please deconstruct argument,
you should at least try to discuss at a level above ad-hominems, and really need to be in counterargument to be taken seriously
see pyramid,





your Idea in a nutshell....
1. let's redefine a million..... we can do it by changing one of the useless zeros to Two zeros, after-all  '00' is worth just as much as '0'.

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