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50338156 No.50338156 [Reply] [Original]

What happens when we reach 21 000 000 Bitcoins™ ?

>> No.50338181
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50338181

>>50338156
The price drops to zero and it's stays at zero.

>> No.50338188

>>50338156
Won't happen. Or at the very least it is improbable. Look up what an asymptote is.

>> No.50338209

>>50338156
You won't know, there will be no more fools way before it reaches the cap.

>> No.50338216
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50338216

>>50338156
Any man who tells you different either has his hand in your pocket, or a pistol to your neck.

>> No.50338287
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50338287

>>50338156
Two scenarios
>Bitcoin will be widely adopted and people will use it as money, speculators will BTFO elsewhere
or
>BTC will stay as speculative asset, very little transactions will happen, as a result price of transactions will rise, which will lead to even less transactions being made. At that point miners will get no reward and hashrate will capitulate, making 50% attack possible, ending king shitcoin.

>> No.50338296
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50338296

>>50338216
Anon stop you are scaring me

>> No.50338414

>>50338216
Only retards use selfie sticks

>> No.50338428

>>50338156
Wrenchies show up and beat you until you give them all up

>> No.50338441

>>50338156
It starts all over again.

>> No.50338480

>>50338156
transaction fees have to remain permanently high enough to compensate miners for the lack of a block reward. they're designed to adjust to the network, but not to external factors like the cost of electricity. it's just assumed, both by satoshi and all users of crypto since then, that this will just work out fine.
it won't.

>> No.50338489
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50338489

>>50338296
Don't worry, you can ride as long as there is stuff, we still have at least 8 good years, and yes, that stack will be dumped, not all of it, but a part, so when it's about to stabilize, give it +2years or +3 years, because that is when dumps of that stack will start. The price of one unit at that point will be insane, nobody will believe it will go painless, what these fools think, is that it will follow the model of the Austrian School of economy and the price will stabilize, inflation will be virtually non existent, virgins nymphs and Drus will be given to all and 25 years old McAllen will flow through the rivers. It ain't happening pal. No one will believe. The sheer power of the price will to seductive, and the history of BTC will be pointed out to have follow the theory, but it won't it's really a mastermind plan, a long con.
BUT; The selective few that resist the urge to believe in fantasies or know the secret will ride out the destruction unscaved.

>> No.50338742
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50338742

>>50338489
I AM A FUCKING TIME GOD, FUCK VLAD. I HAVE ENLIGHTENED MYSELF!

>> No.50338753

>>50338156
the price collapses, hodlers beg to have the 4 lines of code changed that limit btc to 21 million (muh store of value), and mining resumes to the new limit of 42 million, 84 million, etc.

>> No.50338934
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50338934

>>50338753
AT WHICH POINT IT WILL BE DISCREDITED AND NO DIFFERENT THEN ANY OTHER GARBAGE OUT THERE, JUST ANOTHER PLUG IN A OLD, BURNED UP, DEFORMED, CANCEROUS, FISSURED, PROLAPSED LEAKY ASSHOLE. AND MOST IMPORTANT, THE PRICE WILL NEVER RECOVER TO ANYTHING CLOSE TO 3% OF THE PRICE IT WILL BE TRADING BEFORE THE ULTIMATE COLLAPSE.

>> No.50339111
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50339111

>>50338753
RIGHT NOW, BTC IS STILL A ROSE BUD, ROUGH AROUND THE EDGES, GRANTED, IT WAS MOLESTED A COUPLE OF TIMES, BUT THE CHERRY HASN'T BEING POPPED YET. WHEN THIS SHIT GOES DOWN, THAT ROSILY CHERRY WILL BE TURNED INSIDE OUT BY A FUCKING FIREHOUSE POWERED BY NIAGARA FALLS DAM. IT WILL BE A THE SINGLE BIGGEST PLOWING IN CRYPTO HISTORY, THE 1929 OF CRYPTO. IF BTC WASN'T BTC IT WOULD BE ERASED FROM HISTORY. AND THE BOOKS BURNED TO FORGET THE MEMORY. BUT MISTAKE NOT, THIS PLOWING WILL LEAVE A GAPING HOLE FOR GENERATIONS TO CUM. AN EVENT THEN WITH ALL THE FUTURE GENS THAT WILL CUM, IT WILL STILL NOT FILL THAT HOLE. BTC AS WE KNOW IT, WILL BE DEAD.
THREADS AND BLOG POSTS LIKE THESE WILL BE STUDIED.

>> No.50339178 [DELETED] 

NEXT

>> No.50339202

>>50338156
The counter will switch to 0 in every wallet and the whole process restarts

>> No.50339246

.

>> No.50339259

>>50338156
God will descend from the heavens and kill all frogposters and bobos.

>> No.50339422

..

>> No.50339445
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50339445

>realizing Hal created bitcoin as collateral for his inevitable resurrection as a cyborg in 2150

>> No.50339779

.

>> No.50339953

.

>> No.50340016

>>50338156
if people are using the network fees would have to go up in order to incentivize more miners.

>> No.50340312

.

>> No.50340762

.

>> No.50341028

They'll switch to an inflationary system like they should have in the first place. Paying miners with fees is the most arse backwards way to operate as you're punishing people for using btc as it was intended. By inflating supply you're punishing the retards using it as a speculative asset while doing nothing for actual adoption.

>> No.50341047

>>50338156
everyone dies

>> No.50341074

>>50338156
Every single one of the people posting here will be dead by then.

>> No.50341085

>>50338156
No miners
No transactions
Price drops to 0

>> No.50341131
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50341131

Then Monero wins

>> No.50341289

>>50338156
we find out the max supply is actually 21,000,001 and a decade long argument is had about where the last one came from. or was it the first one? who has it? was it ever even mined? is it special? this is what leads to the destruction of bitcoin in the end. no one ever finds out. it was me.
>t. time traveller

>> No.50341487

.