Quote:
Originally Posted by MorTech
Have you ever hacked SHA256? Has anyone?
Bitcoin will go to zero only if it is hacked...Otherwise it will go to $10M+ per coin.
1000s of computers worldwide running Bitcoin ledger and hard limit of 21M coins is it's strength.
I figure there will be market turmoil until mid April or so. Liquidity will flow by May.
|
You seem to be very savvy about BTC so mayber you can answer a question or two. Once all of the BTC has been mined, then each transaction will require a fee to be paid to the miners. They are:
1. What percentage of the transaction amount will the fee be?
2. Since BTC is virtual, is it possible another virtual coin can be created that has superior charachteristics such as faster transactions and lower costs? Or was the original so perfect that it is impossible to design a better crypto currency.