Author

Topic: My Negative Topic Removed! (Read 290 times)

donator
Activity: 1617
Merit: 1012
November 10, 2017, 06:49:55 AM
#10
But there will be definitely less miners in the future, Won't it affect the speed of the transaction?

You are aware that the network difficulty adjusts to the total hash power of the miners, don't you? Depending on how gradual the number of miners drop off you might not even notice it impacting the network transaction rate. Because the mining rewards reduce gradually when the last fraction of coin gets mined there won't be a large exodus of miners.
hero member
Activity: 994
Merit: 507
November 10, 2017, 04:58:53 AM
#9
For eg. if there are no trees in the earth (finished) what is the use of tree cutters and tree cutting machines?
Like wise if there is nothing to mine what is the use of miners? automatically the miners will be less. Got that!

note* :- we can plant trees but we cannot plant(generate) new coins.
It doesn't work that way. There will be no block rewards for miners if all was mined but they will get transaction fees in return. Maybe, in the future, they will not be called as "miners" but rather "transaction conveyer" or alike. So, does it satisfy you? Who wouldn't like getting money while doing a minimal effort like miming so they will not just be gone because there is nothing to mine.
full member
Activity: 183
Merit: 101
November 10, 2017, 04:32:49 AM
#8
Viral lol. It barely had three pages of posts (all from shitposters saying the same thing you could have found out yourself in two minutes).

It's not because it went viral, I suspect it's because this has been asked hundreds, If not thousands of times.

That's a bingo!

Yes I know they will be paid for the transaction! But there will be definitely less miners in the future, Won't it affect the speed of the transaction?

That's not what you insinuated:

How can you know if all the 21million BTC is mined and is finished, and what will happen after that? Will the btc be regulating after that? What will happen to the miners, who will pay them afterwards?

And how do you know there will be less miners and big mining machines? Maybe there will be a hundred times more needed because everyone on the planet is using bitcoin and mining fees are a very lucrative market.
For eg. if there are no trees in the earth (finished) what is the use of tree cutters and tree cutting machines?
Like wise if there is nothing to mine what is the use of miners? automatically the miners will be less. Got that!



note* :- we can plant trees but we cannot plant(generate) new coins.
legendary
Activity: 2926
Merit: 3051
Join the world-leading crypto sportsbook NOW!
November 10, 2017, 02:48:53 AM
#7
There's too much wrong in both the question and his understanding.

His? How dare you misgender someone, you cis white male normie fascist. You can quite clearly see by her username and stated gender in profile that she is female and absolutely not just another dude pretending to be a woman for its perceived advantages.

Agree. These topics are only a desperate attempt to raise post count for a future signature campaign.

Very likely. It must be very annoying losing all the posts he she made in vain by creating a shit thread in an attempt to rank up to Member.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
November 10, 2017, 02:35:12 AM
#6
Yes I know they will be paid for the transaction! But there will be definitely less miners in the future, Won't it affect the speed of the transaction?
The very fact that you're asking a question that is fundamentally flawed as that one says a lot about your knowledge or lack thereof. You are making assumptions based on your own fundamental misunderstanding of Bitcoin. Your topic and questions were asked and answered thousands of times. Learn how to use a Search Engine and stop attracting shitposters with generic threads.

And how do you know there will be less miners?
Less or more is irrelevant as we are talking in a very vague context here. Less what? Individuals? Mining farms? Hash power? Neither one of those will affect the speed of transactions, which are near constant. There's too much wrong in both the question and his understanding.

Agree. These topics are only a desperate attempt to raise post count for a future signature campaign.
legendary
Activity: 2674
Merit: 2965
Terminated.
November 10, 2017, 02:29:33 AM
#5
Yes I know they will be paid for the transaction! But there will be definitely less miners in the future, Won't it affect the speed of the transaction?
The very fact that you're asking a question that is fundamentally flawed as that one says a lot about your knowledge or lack thereof. You are making assumptions based on your own fundamental misunderstanding of Bitcoin. Your topic and questions were asked and answered thousands of times. Learn how to use a Search Engine and stop attracting shitposters with generic threads.

And how do you know there will be less miners?
Less or more is irrelevant as we are talking in a very vague context here. Less what? Individuals? Mining farms? Hash power? Neither one of those will affect the speed of transactions, which are near constant. There's too much wrong in both the question and his understanding.
legendary
Activity: 2926
Merit: 3051
Join the world-leading crypto sportsbook NOW!
November 10, 2017, 02:25:07 AM
#4
Viral lol. It barely had three pages of posts (all from shitposters saying the same thing you could have found out yourself in two minutes).

It's not because it went viral, I suspect it's because this has been asked hundreds, If not thousands of times.

That's a bingo!

Yes I know they will be paid for the transaction! But there will be definitely less miners in the future, Won't it affect the speed of the transaction?

That's not what you insinuated:

How can you know if all the 21million BTC is mined and is finished, and what will happen after that? Will the btc be regulating after that? What will happen to the miners, who will pay them afterwards?

And how do you know there will be less miners? Maybe there will be a hundred times more needed because everyone on the planet is using bitcoin and mining fees are a very lucrative market.
full member
Activity: 183
Merit: 101
November 10, 2017, 02:04:48 AM
#3
It's not because it went viral, I suspect it's because this has been asked hundreds, If not thousands of times. A simple googling could've give you the answers and there is nothing negative about bitcoin here, the limited supply is what makes it so special. In 2140, when all bitcoins are mined, miners will get transaction fees instead.
Yes I know they will be paid for the transaction! But there will be definitely less miners in the future, Won't it affect the speed of the transaction?
staff
Activity: 3500
Merit: 6152
November 10, 2017, 01:47:34 AM
#2
It's not because it went viral, I suspect it's because this has been asked hundreds, If not thousands of times. A simple googling could've give you the answers and there is nothing negative about bitcoin here, the limited supply is what makes it so special. In 2140, when all bitcoins are mined, miners will get transaction fees instead.
full member
Activity: 183
Merit: 101
November 10, 2017, 01:34:48 AM
#1
Yesterday I posted a question about the Bitcoin, and they thought it was against the Bitcoin, the question was what will happen to the miners, and their machines after all the coins have been mined! I think the Thread was viral and they had to remove. But why It was just a question, I still love BTCs. and I wanted to know why my Thread has been removed.
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