Quote Originally Posted by bananabox999 View Post
Incorrect.

The amount miners "mine" gets halved. If they currently get 2 btc per block, it will then be 1 btc. Random numbers, i have no clue what they get paid.

But the overall amount of btc never changes. Well it raises slightly untill when/if it reaches the max.

Miners dont want to lose money, big players, they push the price up to keep profit margins. Rest of us along for the ride.
Crypto world/language is very complicated for the majority. The way I explained it would be easier for everyone to understand and maybe think serious in buying. I do believe one can make huge money by holding and of course selling at the right time.

Perhaps people who are into BTC atm are either younger ones, or those with plenty of money to invest... but how do you explain to some like Steph BTC is a great investment opportunity, get her to understand it and buy?!