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I'm having a hard time finding a concrete answer to this question. How many ether will be produced? Is there a cap on the amount of ether that will be produced, and if so, what is it? What are the characteristics of the halvings?

I'm considering buying ether but want to know before buying it, especially because I believe ether is currently in a hype bubble.

Ethereum doesn't have a hard cap.

So, I'd suggest you not to hold them for a long time.

Thanks for the information. That's what I suspected.

No hard cap. No halving. Only unlimited supply.

Good for pump & dump. Bad for HODLing.

tl;dr - The technology is valuable in Ether. The token is valuable in Bitcoin. So, HODL bitcoin & learn ether.

what i understood from their website, is that after a set time the mining algo is going to change from what it is right now and from then on the mining reward is going to be reduced so the creation of new coins will be slowed down but still there will be a huge amount available by then.
it says nothing about the maximum number though!!

No one knows , as Vitalik has been all over the place . It is indeed rather ridiculous for people to speculate on something without knowing the distribution rate or security algo beforehand.

ITT FUDsters intentionally spreading misinformation

Here, directly from the Ethereum site:


https://ethereum.org/ether

TL;DR: the plan is to have about <100M ETHs, less than 5X bitcoin.

hmm, how many million dollars ETH has been relased on markets?  ;D

Here you go:
http://coinmarketcap.com/currencies/ethereum/

The link you cited directly supports my statements. There is only a agreed upon yearly cap with absolutely no established distribution rate. This means that legally the inflation rate can be kept at 18 million per year with an infinite supply, Or it can be reduced to 5 million a year with an infinite supply, or it can be dis-inflationary but with an infinite supply and no hard limit. No one knows , and your assumption of 100 million is just a guess. I would agree that it is indeed likely that the inflation rate will either slightly decrease in one or a few steps or have an extremely slow decreasing distribution curve based upon his statements. This is still just a guess and the coin may be infinite with no hard cap and there is no set distribution rate!


Marketcap for ICO pre-mined coins does not indicate how much has been invested into ETH. Since Eth has switched to a temporary PoW algo, post ICO coins more closely match the amount of investment into the token but not quite as the market is still very immature.

No, 100 million is about the amount that will be available when Ethereum switches to PoS, sometime next year. From that on, the plan is to have minimal inflation (0~2%) and validators will be earning only transaction fees, which implies almost 0% inflation.

"The Plan".... "About"..... Vitalik has been deliberately ambiguous and openly admitted that he hasn't decided upon the distribution rate or final amount . You understand that a minimal inflation of 2% a year still could mean an infinite amount of coins, right?

My statements are 100% accurate that no distribution rate is set and no one knows if there will be an infinite amount of coins or not. You need to provide an official citation that there will be a hard cap of 100 million coins or apologize to the community for spreading misleading information.


Seriously? This isn't 2010 anymore . People know how to secure their assets. 2% /= 0%.

It's pointless to put a hard limit on the amount of coins. People lose passwords, people die. It's a plan because it's not implemented yet, just like many things in Bitcoin are not implemented yet. But the roadmap is clear. Implement PoS and reduce inflation to a minimum.

0~2% annual inflation of the Ethereum shall not devalue the Ethereum. It is similar to the world economy growth.

I think you are underestimating the fact that creative solutions have been created and novel knew ones will exist to keep lost tokens at a minimum and far below 2% a year.

Even if almost 2% a year was lost (extremely doubtful) that would not discount the fact that the inflation rate is steady and there is an infinite amount of coins being created while ETH exists.

Bitcoin on the other hand has a fixed and set limit of under 21 million btc, thus one should treat it as a scarce resource. ETH will no longer be unique or scarce as soon as they switch to PoS because the principle thing that is making it unique from other ETH clones is PoW hash rate securing it. Once that is removed why would someone want to by more expensive "fuel" when they can run their same app with cheaper "fuel" tokens?


You are correct. It is Eth clones that will principally devalue the Ethereum ecosystem. Remember, It is Dapp fuel you are buying...you can bootstrap an ETH clone to a more secure, larger  and decentralized ecosystem and have cheaper fuel at the same time.

If there is limited supply fiat coming to the digital currency world, any new coin will divert the money flow into Ethereum.

I also think that there is no precise answer to this question. In short time frame Ether price can go up of course. But keeping in mind all altcoin market every Ether buyer must take care of right time for sale.  ;)

^Best answer.
Eth has some incredible bagholding there and market manipulation, darkclam is going to be same tech but improved and a fair distribution. Even xcp is trying to bring eth to the btc network.

Dump all your ether now before it's too late when secret NSA report will be released by wikileaks.

I'm mostly a lurker but, I have to say one thing.  It is so funny to see people all emotional calling anyone discussing ETH a shill.  Then see those same people just make shit up like, there is no hard cap it's unlimited supply.  If you just went to the ETH website you would see there is a yearly limit.  P.S.  US currency has no cap for real and it seems to be the strongest currency.   Of course the ETH website also says it isn't a currency meaning it isn't designed to buy things like BTC.  If it's usage is distributed Apps/Smart contracts does a cap really mattter?  I don't know the answer.  That is a serious question, not rhetorical.

I'm not pro ETH or a shill but, I am mining some with my video card.  As long as it's profitable I'll continue and as long as Microsoft keeps adding support to Azure, Visual Studio etc. I'm sure people will continue to invest.

Those aren't mutually exclusive. Yearly limit and Unlimited supply can and in ETH's case will likely coexist.



It does when people are speculating on it and that is what 99.99% of what is being done right now.



It may be a smart move to mine some while you can and dump the profits for fiat or btc.... but don't go misleading people into thinking that MSFT Azure support is any significance as any shitcoin or shitasset can be added to Azure by filling out a form. MSFT really doesn't care and certainly wont be buying any ETH tokens.

They'd limit the coins to be produce since if they just keep producing ETH, it will devalue the rest that has been out already. As far as i know they do have about 1.8 Billion Coins as the total amount. is this real? I just  got the info from http://coinwik.org/List_of_all_DCs

No , there are currently 78,659,188 ETH , but the plan is a relatively flat inflation rate , thus an infinite amount of ETH as long as the token still exists. My guess is that ~Turing complete tokens will be a security risk and act more like an experimental bitcoin sidechan to test new scripts that can be added if needed to btc in the future. People have an odd notion that Turing complete is a good thing when it involves a currency ignoring the security concerns.

More importantly OP is..
How many of the IPO launch coins did the dev & friends buy?

Look at my scam topic i made back in 2014
https://bitcointalk.org/index.php?topic=707237.0
..then look at the replies on page 1.

Ether is more of a mid-term hodling coin. Hold your money not for the supply to decrease, like bitcoin, but wait for the demand to increase. Because ether has a higher potential bitcoin, because ether actually has a use.

However many they need to produce to get rich off you.

The new supply of the Ethereum will reduce when it convert to PoS. The rate of inflation will be lower.

Well according to their website (https://www.ethereum.org/ether):

Hope this helps. :)

That is the current rate of production. In the next year, after converting to PoS, the rate of new inflation will be lower.

I wonder how people trade something they don't understand, honestly this Ethereum is complete nonsense to me and too complicated.

so ETH already hit eValuation of $50 to a $420btc
yet plans to dump 18M new coins/year on the market?

ETH could have super volume / money velocity with such insanity inflation
and the LONG trend is with 101% certain: down

Then you should spend some time to learn about it. Maybe the market has decided it is good coin, so the price has risen.

Even if the Ethereum number increases 1% a year without limit, it is still lower than the inflation of the fiat.

those 78M include the pos also? because i doubt it is possible to produce all those coin in just one year of mining, and we are going pos in few months

That include the ICO.

 ETHER DISTRIBUTION OVERVIEW
Genisis (60M Crowdsale+12M Other):   72,009,990.50 Ether
+ Mining Block Rewards:   7,318,114.22 Ether
+ Mining Uncle Rewards:   393,531.25 Ether
= Current Total Supply
79,721,635.97 Ether

yeah, he is true we have to hold our ethereum in order to ait for the demand to increase in that way we will earn a good profit from that coin, ethereum is a coin which has a normal use like bitcoin but currently the use of it is a low level, but as soon the usage of it increased the value will also be increased.

So we are in 2017 now. Are there any new official infos about the total ether supply? I could'nt find any. 

More info about total supply of Ethereum check in here: https://coinmarketcap.com/currencies/ethereum/

I heard that Ethereum will swicth from pow to post that means Ethereum will not be mine again. But I do not know if this is true or not, because until now it has not yet happened.

If Bitcoin quantity is limited with 21 million BTC, Ethereum is the cryptocurrency that is not limited. Thus you can keep your ETH in your wallets as much time as you plan. Here is the video, where you can get why ETH can cost ten times more!

https://www.youtube.com/watch?v=rNAC6xbEM7Q

Ethereum doesnt have hard cap or limit unless the miners stopped mining it,but in the future i see a big dump of this coin because it has a lot of issues ther only thing thats pumping this coin are the new alts based on ethereum.

Etherum doesn't have max supply new ones will be mined continuously. So think about what will happen every time new eth are added the price goes down.

Ethereum doesn't have max supply but I read it online that 15 million tokens will be mined every year.

BTC had many dry years so give ETH some time. You will regret buying (more of) them when it has risen.

From your words, the cost of the ether should not increase, because they are constantly created and the demand for them falls ??? Or did I misunderstand you?)

I think more application of smart contract can still raise the price of Ethereum.