let say only 1-3 people found out how to generate btc using multiple "bugs", what would happen to the btc market price? btc market cap is v.big.
>>1379004
People already "generate" btc dumbass. How do you think it's made?
>>1379004
When you say "bugs" you mean, a few guys discovered how to collide sha256?
Well, the difficulty would rise accordingly. The network maintains that 2016 blocks will be discovered every 2 weeks. So if you mine 10 blocks, then the miners will fight for the remaining 2006 blocks over the 2-week period.
The more blocks you mine, the more money you'd make. However, if you mine more than 50% of the blocks there will be trouble, because the human consensus will become emotional and the price of bitcoin would likely destabalize.
So if you can collide sha256, then do it sparingly. Just take a handful of blocks. Like 1 or two per day. It's still a ton of money, and no one would ever know.
Now, if you mean to steal bitcoin using a bug of some sort, then you can take it from a dormant address. Look way back in the blockchain for old addresses with thousands of bitcoin. There have been men who've lost millions of dollars because they lost their HDD's, so just take their bitcoin. It'll never get touched anyway, so most likely no one will notice.... unless you steal from, say, Satoshi.
If you were able to defeat SHA algorithms you could pretty much rule the world with an iron fist and extort anyone. Why would you waste it trying to fuck with shitcoins? (BTC fanboy here.)
