Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: JackH on June 14, 2011, 09:56:37 PM



Title: The total value of BitCoin?
Post by: JackH on June 14, 2011, 09:56:37 PM
How can we see the entire value of all the BitCoins? (if we assume that the price of MtGox is the price). I want to know in order to make a new article on www.italkcash.com about the BitCoin mania and I want to put a LOT of facts down to stop some of the confusion among people online.


Title: Re: The total value of BitCoin?
Post by: Ricochet on June 14, 2011, 10:21:15 PM
http://bitcoincharts.com/markets/ has both the total number of blocks and the total number of Bitcoins in existence, which is (# blocks) * 50.  Multiply that by the current price.

Obviously the final result will change every minute, as the price changes and the number of blocks found increases.


Title: Re: The total value of BitCoin?
Post by: Sukrim on June 14, 2011, 10:32:33 PM
http://bitcoinwatch.com/ has this number in a few currencies available.


Title: Re: The total value of BitCoin?
Post by: Dude65535 on June 14, 2011, 10:39:52 PM
There is in fact .00000001 less bitcoins in existence then displayed on bitcoinwatch because someone intentional created a block with a reward of 49.99999999 bitcoins. The network only checks to make sure that you don't reward your self extra bitcoins.


Title: Re: The total value of BitCoin?
Post by: rezin777 on June 15, 2011, 12:15:05 AM
There is in fact .00000001 less bitcoins in existence then displayed on bitcoinwatch because someone intentional created a block with a reward of 49.99999999 bitcoins. The network only checks to make sure that you don't reward your self extra bitcoins.

Which block was this?


Title: Re: The total value of BitCoin?
Post by: Dude65535 on June 15, 2011, 12:49:23 AM
Which block was this?

124724
http://blockexplorer.com/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 (http://blockexplorer.com/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5)


Title: Re: The total value of BitCoin?
Post by: rezin777 on June 15, 2011, 01:02:16 AM
Which block was this?

124724
http://blockexplorer.com/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 (http://blockexplorer.com/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5)

Thank you. And interesting.