Bitcoin Forum

Other => Archival => Topic started by: Cheesle on February 01, 2014, 10:04:46 PM



Title: -
Post by: Cheesle on February 01, 2014, 10:04:46 PM
-


Title: Re: [Poll] What percentage of the total supply will be used for transactions?
Post by: johnyj on February 01, 2014, 10:46:09 PM
It depends on your spending/saving ratio, I guess half of the people never spend more than 10% of their savings, then the number of coins in circulation will be around 10%



Title: Re: [Poll] What percentage of the total supply will be used for transactions?
Post by: aminorex on February 02, 2014, 05:18:11 AM
at least a million are functionally lost, probably more like 2.5 million.


Title: Re: [Poll] What percentage of the total supply will be used for transactions?
Post by: billyjoeallen on February 02, 2014, 05:46:50 AM
It is almost certain that it will be a higher percentage than is currently the case. Bitcoin's utility as a medium of exchange and conveyance of title/value is going to increase exponentially with each new node on the network, while it's utility as a store of value has an upper bound equal to 100% of all wealth in existence.