So it all means that if all big players join hands then they can increase the supply and exploit the Bitcoin price , so now it means that BTC is also not safe to invest. In my view always take profit in any coin because in future anything can happen.
Big players can join hands and do whatever they want.
I can start a fork and increase the supply of coins, but if nobody follows my fork there is no future for it.
Same for the "big players", if people don't follow their chain, there will be no coin.
Oh, and please sell!!! "Investors" like you are the last thing
BTC needs.
Supply can't be increased there is no owner for bitcoin satoshi set the limit and done no one can change it now developers do make changes in bitcoin but supply can never be increased
And also coins have risk like every other investment there is nothing known as guaranteed profit
BTCLovingDude has already explained once, I really don't understand how you can be so dense!!!
Anything can be changed, limit, block time, block size but you need consensus for that.
Why would you change it from a limited supply cap into more supply, its because of that limited coin that make bitcoin itself attractive and the price can surge until now. Look at gold for example, because its got a limit that make it an investment, and i think miners and most majority player wont be increasing it supply even if the demand is high because its just economic issues. When the demand is high and the supply is low, that drive the prices higher so why would they increase the supply which would lower their profit while miners got their own cost to cover not to mention majority big player invest thousands in security
The ones that missed the train are having this idea.
Basically they want to dilute the already mined bitcoins, rendering the so called whales with less coins/supply.
It's not like they will make more money with this, but the newbies will have a more of a say in trading.
One example will be this...from 21 to 210 million.
Of course the impact in price will be instant, (in reality it will turn to zero but for the sake of the argument let's overlook this ) and the value will drop by 10.
In the end if bitcoin will be successful, the entire market cap of all coins will be the same, just one bitcoin will be worth /10 of the original. Nothing to gain here, nothing in ROI.
But the whales and early investors will no longer hold half of the coins, they will have only 5% of them.
This is why some advocate this increase in supply.
But in reality it will turn bitcoin into fiat, one hundred nails in the coffin.
