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Author Topic: Is it true? Bitcoin is increasing its supply?  (Read 136 times)
akamit (OP)
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October 07, 2019, 09:23:22 PM
 #1

Recently I read somewhere that bitcoin will increase the total supply but I don't remember where I read about it.
Most probably I read it in this forum in a post while I was reading 100s of posts - just can't find it now. Bad memory.... Sad

If it is true then can anyone please link me to the original news? or it is just a piece of shit news spreading out by some people?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 07, 2019, 09:31:09 PM
 #2

Recently I read somewhere that bitcoin will increase the total supply but I don't remember where I read about it.
Most probably I read it in this forum in a post while I was reading 100s of posts - just can't find it now. Bad memory.... Sad

If it is true then can anyone please link me to the original news? or it is just a piece of shit news spreading out by some people?

Rather that second.Somebody is spreading false information.21 mln coins is programmed from beginning it is not possible to increase number of bitcoin in whatever way.That is all Bitcoin beauty nobody can make any that kind of change in bitcoin code

 
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October 07, 2019, 09:31:16 PM
 #3

If it is true then can anyone please link me to the original news? or it is just a piece of shit news spreading out by some people?

somebody is yanking your chain. this would never happen---the 21 million coin supply is sacrosanct. any fork that increases the supply would be treated like a spinoff coin just like bitcoin gold or bitcoin diamond. no one would notice or care.

akamit (OP)
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October 07, 2019, 09:36:58 PM
 #4

Thanks guys for confirming it's not true.

I was also wondering how's that possible and it's just a false thing, but on the other hand I also wanted to over confirm this thing.

I got the answer and locking the thread.
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