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# Reply to http://np.reddit.com/r/Bitcoin/comments/37yzzs/is_the_blocksize_question_one_of_centralization/crr4tf2

Well, I believe that you are grossly overestimating the number of bitcoiners who will understand the change and object to it.  I bet that most day-traders will not care, especially the Chinese ones.  Those who use bitcoins for e-payments, for pratical rather than "religious" reasons, also won't care.  I suspect that many big holders too won't care either, especially those who are creating bitcoin funds (as a way to sell their coins off-market).  I would guess than only a couple thousand bitcoiners would be really upset by the proposal.

Also, anyone who holds a large amount of bitcoins (especially if they were bought above the current price) will have to choose between dumping his coins as fast as he can, knowing that he will get only a fraction of ther current worth; or hold and hope that the price will recover.  *Either way, he had better strongly support the change and try to convince everbody that it is good for bitcoin.*  

And those holders will not be telling a lie, because *those changes are indeed better for bitcoin,* or could easily be.  Those parameters of the protocol are not sacred, or optimal, or even based on some economic argument; they were just picked partly at random, partly for programming convenience.  The changed protocol is not less optimal than the original one.  As I wrote, the changes improve scarcity and network security.  So, why would the new bitcoins be worth less than the old ones?

Perhaps you meant to say that bitcoiners would reject the proposal to make *any* changes to the protocol, not specifically *those* changes.  As I wrote above, I believe that only a small minority will be upset about that.    Most bitcoiners will happily let the men in the machine room fix whatever they think needs fixing. 

Or perhaps you meant that bitcoiners would jump ship as soon as they realized that a majority cartel was trying to take control.  But the top 4 mining pools, apparently all Chinese, already have enough power to try to control the cartel.  You claim that, if they just tried, bitcoin would immediately commit suicide.  So *the top 4 miners already can destroy bitcoin.*  Why are bitcoiners still around, then?