Bitcoin Forum

Other => Beginners & Help => Topic started by: Juggernaut118 on September 08, 2011, 11:53:28 PM



Title: How many bitcoins are out there?
Post by: Juggernaut118 on September 08, 2011, 11:53:28 PM
How many are there and how many bitcoins are being mined a day?


Title: Re: How many bitcoins are out there?
Post by: Swishercutter on September 08, 2011, 11:56:36 PM
http://bitcoincharts.com/markets/

At the top under "total BTC".

Ideally, 7200BTC/day mined.  6 blocks/hr, 50BTC/block.


Title: Re: How many bitcoins are out there?
Post by: payb.tc on September 08, 2011, 11:58:40 PM
depending on your reason for wanting the figure, you may also like to subtract at least 20,000 that have been permanently lost (as claimed by various people on this forum).


Title: Re: How many bitcoins are out there?
Post by: Juggernaut118 on September 09, 2011, 12:38:28 AM
I'm wondering about the inflation. If the demand can keep up with the growing supply. At a rate of 7200 BTC per day, in one year that will be 2,628,000. Of coarse graphic cards are only getting better. With 1,730,079 BTC out there now. 1,730,079 x $6.50 = $11,245,513.50 USD. 2628000 + 1730079 = 4,358,079 BTC one year from now. 4,358,079 x $6.50 = $28,327,513.50

Food for thought I guess.


Title: Re: How many bitcoins are out there?
Post by: Dratt on September 09, 2011, 12:59:00 AM
I'm wondering about the inflation. If the demand can keep up with the growing supply. At a rate of 7200 BTC per day, in one year that will be 2,628,000.
That rate is going to drop in half sometime next year.


Title: Re: How many bitcoins are out there?
Post by: payb.tc on September 09, 2011, 01:28:59 AM
With 1,730,079 BTC out there now.

whaaaaaat? there are over 7 million. what is this 1.73m?


Title: Re: How many bitcoins are out there?
Post by: Juggernaut118 on September 09, 2011, 01:50:25 AM
Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.


Title: Re: How many bitcoins are out there?
Post by: greyhawk on September 09, 2011, 02:03:23 AM
Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.

You mean 44 million.

EDIT: Oh wait, 43 million


Title: Re: How many bitcoins are out there?
Post by: ghisttr on September 09, 2011, 09:13:39 AM
Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.

You mean 44 million.

EDIT: Oh wait, 43 million

 ;)