What happened to 12 million BTC?

[RedDuke]

false. You would need the majority of node operators and miners agree to that change (which would be against their interests) never ever going to happen

You can barely get anyone to agree on anything let alone the majority of people to vote for something that makes them poorer Again this is never going to happen

Thanks for confirming my post. It does not matter that it takes majority, the fact that it is possible means it can be done. 21 million max is another lie/distortion. Technically it can be done, and that is the end of this argument.

 

[RedDuke]

Back in 2019 and 2020, people on this board were making fun of me for thinking Bitcoin would make it back to 20k. But instead of going to 20k, it went all the way to 69k and I proceeded to take in some of the biggest profits of my life.

Job well done. Happy to hear you had great luck !!!

 

[GlobalMacro90]

Thanks for confirming my post. It does not matter that it takes majority, the fact that it is possible means it can be done. 21 million max is another lie/distortion. Technically it can be done, and that is the end of this argument.

no it’s not the end of the argument. My argument wasn’t that it was not a possibility its that it would never happen. You will need to get a bunch of people to all cooperate to work against their best interest and I don’t see that happening. So while you are technically not wrong, it could theoretically be possible, it is misleading to act like 21 million is a lie. This will not change

 

[RedDuke]

no it’s not the end of the argument. My argument wasn’t that it was not a possibility its that it would never happen. You will need to get a bunch of people to all cooperate to work against their best interest and I don’t see that happening. So while you are technically not wrong, it could theoretically be possible, it is misleading to act like 21 million is a lie. This will not change

thanks for confirming it again. You know it was hacked once and was easily forked. Same can happen with 21 million max.

 

[GlobalMacro90]

Thanks for confirming my post. It does not matter that it takes majority, the fact that it is possible means it can be done. 21 million max is another lie/distortion. Technically it can be done, and that is the end of this argument.

It is theoretically possible that the US turns his back on capitalism, turns into a communist country, shuts down the stock market and all private ownership goes to zero. This is also a theoretical possibility but a waste of time to dwell on. Your arguments are the same

 

[GlobalMacro90]

thanks for confirming it again. You know it was hacked once and was easily forked. Same can happen with 21 million max.

no it can’t dude holy shit you know nothing about this. The bitcoin protocol was never hacked it was exchanges that were hacked you can’t hack bitcoin and change the rules. It would take all the people running the BItcoin software to run the different version of the software that has a change in it no one loan hacker can make this change. You very clearly don’t understand anything about this and it shows

 

[GlobalMacro90]

no it can’t dude holy shit you know nothing about this. The bitcoin protocol was never hacked it was exchanges that were hacked you can’t hack bitcoin and change the rules. It would take all the people running the BItcoin software to run the different version of the software that has a change in it no one loan hacker can make this change. You very clearly don’t understand anything about this and it shows

The forks of bitcoin such as bitcoin Satoshi vision and bitcoin cash have been complete and other failures do you know this? Or Do you just spout off at the mouth with no basis?

 

[blink18]

A good while back I heard that btc should eventually get to 12 million. A recent news headline said 10 million. A recent thread here says over 4 million. I’ve been following the price movement for a while but I really don’t know a thing about the “fundamentals” of btc. Where do those 300X projections come from?

I can sell you 1 BTC for $12 million if you're interested.

 

[Sprout]

no it can’t dude holy shit you know nothing about this. The bitcoin protocol was never hacked it was exchanges that were hacked you can’t hack bitcoin and change the rules. It would take all the people running the BItcoin software to run the different version of the software that has a change in it no one loan hacker can make this change. You very clearly don’t understand anything about this and it shows

It gets tiring doesn't it? Same ole uninformed fud, repeated ad nauseum. One would think they have better use of their time.

 

[Sprout]

A good while back I heard that btc should eventually get to 12 million. A recent news headline said 10 million. A recent thread here says over 4 million. I’ve been following the price movement for a while but I really don’t know a thing about the “fundamentals” of btc. Where do those 300X projections come from?

The lower number is based on BTC surpassing Gold's MC, the higher number from replacing the petro-dollar as the world's reserve currency.

While the narrative is compelling, I don't really see it as either/or. Just as the geo-political world of the future will most likely be multi-polar, a basket of currencies (including digital assets) would be the global reserve "currency".