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A comment on Cryptocurrency chaos as China cracks down on ICOs. Parent comment

Re:Cryptocurrency chaos as China cracks down on ICOs by girvo on Wednesday September 13, 2017 @04:04AM (#15236368)
Most of the so-far released ones have a specific cap on how many tokens will be mined. Bitcoin does, for example. But it's not a hard requirement of cryptocurrencies, I think.
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Re:Cryptocurrency chaos as China cracks down on ICOs by mavhc on Wednesday September 13, 2017 @04:10AM (#15236397)
Bitcoin is also designed to make future coins harder to mine, thus more expensive. The only incentive to sell bitcoin is if you think the entire thing is about to fail.
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Re:Cryptocurrency chaos as China cracks down on ICOs by sanswork on Wednesday September 13, 2017 @08:38AM (#15237672)
Bitcoin isn't really designed to do that. It is designed to increase difficulty with competition. If no one was interested in mining bitcoin it would be exactly the same difficulty to mine today as it was one day one.
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Re:Cryptocurrency chaos as China cracks down on ICOs by mavhc on Wednesday September 13, 2017 @12:56PM (#15240161)
Doesn't the reward halve every 210000 blocks?
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Re:Cryptocurrency chaos as China cracks down on ICOs by sanswork on Wednesday September 13, 2017 @01:44PM (#15240667)
The size of the reward doesn't actually change the difficulty though.
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