Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: klaus on August 07, 2011, 04:28:16 PM



Title: Today 7 million BTC mined - 1/3 finished
Post by: klaus on August 07, 2011, 04:28:16 PM
We just passed 7 million Bitcoins mined.

- First 1/3 finished.  :)

Something like elementary school passed?


http://www.youlinkspace.com/congratulations/congratulation_comment_graphic_05.gif


Title: Re: Today 7 Mio BTC - 1/3 finished
Post by: Yuusha on August 07, 2011, 04:29:34 PM
What's a Mio Bitcoin?


Title: Re: Today 7 Mio BTC - 1/3 finished
Post by: Rob Lister on August 07, 2011, 04:32:53 PM
What's a Mio Bitcoin?

that was supposed to be short for million.  7 million bitcoins are now in circulation (minus those spilled)


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: Yuusha on August 07, 2011, 04:35:29 PM
Oh, I see :D


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: jimbo77 on August 07, 2011, 04:37:09 PM
Cool! Next 2/3 are mine!


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: klaus on August 07, 2011, 04:44:32 PM

Together with the happenings until last night - is that a coincidence?


Title: Re: Today 7 Mio BTC - 1/3 finished
Post by: payb.tc on August 07, 2011, 04:46:53 PM
What's a Mio Bitcoin?

that was supposed to be short for million.  7 million bitcoins are now in circulation (minus those spilled)

so if there's approx 21,000 lost so far (just a rough guess based on various posts on this forum), then we need another 14000 coins to make it to the 1/3 circulating mark... two more days :)


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: Big Time Coin on August 07, 2011, 05:42:32 PM
HOORAY!!!! ;D

I LOVE U BITCOIN  :-*


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: elggawf on August 07, 2011, 05:52:51 PM
It needs to make it to the 25BTC/block payout keeping as much of the current momentum as possible. That's when things will go off. ;)


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: kaosbit on August 07, 2011, 05:58:34 PM
So I guess it is time to say:

Happy Birthday Bitcoin!


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: payb.tc on August 07, 2011, 05:59:18 PM
It needs to make it to the 25BTC/block payout keeping as much of the current momentum as possible. That's when things will go off. ;)

yeah, but one and a half years sounds like so far away!


Title: Re: Today 7 Mio BTC - 1/3 finished
Post by: Ridi on August 07, 2011, 06:12:53 PM
What's a Mio Bitcoin?

that was supposed to be short for million.  7 million bitcoins are now in circulation (minus those spilled)

so if there's approx 21,000 lost so far (just a rough guess based on various posts on this forum), then we need another 14000 coins to make it to the 1/3 circulating mark... two more days :)


System doesn't know the difference between lost coins and hoarded coins, so from the perspective of how long this is going to take, it's 1/3rd there


Title: Re: Today 7 million BTC mined - 1/3 finished
Post by: haploid23 on August 07, 2011, 06:44:39 PM
So I guess it is time to say:

Happy Birthday Bitcoin!
wrong phrase, bitcoin wasn't created/invented on august 7 a few years ago. this is more of a milestone than a birthday  ;)


Title: Re: Today 7 Mio BTC - 1/3 finished
Post by: payb.tc on August 08, 2011, 03:10:10 AM
What's a Mio Bitcoin?

that was supposed to be short for million.  7 million bitcoins are now in circulation (minus those spilled)

so if there's approx 21,000 lost so far (just a rough guess based on various posts on this forum), then we need another 14000 coins to make it to the 1/3 circulating mark... two more days :)


System doesn't know the difference between lost coins and hoarded coins, so from the perspective of how long this is going to take, it's 1/3rd there

yep, just making a comment about the current amount in circulation (7m - 21k) vs the highest possible amount that can ever be in circulation (21m - 21k). One third of (21m - 21k) is exactly (7m - 7k), hence my saying we needed a further 14000 coins.