Alley
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Activity: 910
Merit: 1000
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March 30, 2015, 11:22:03 PM |
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Home miners will have to step up or the network won't be secure.
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Ron~Popeil
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March 30, 2015, 11:40:20 PM |
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Home miners will have to step up or the network won't be secure.
I suspect that after the rewards fall the big miners will go the way of the dinosaurs and the small miners will be the mammals that take over. Crypto evolution so to speak. |
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teukon
Legendary
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Activity: 1246
Merit: 1002
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March 31, 2015, 01:22:19 AM |
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The first block halve starts sometime in July next year I think.
The second halving. ... in 9 years after the third halving...
The fourth halving. |
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loan4
Newbie
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Activity: 42
Merit: 0
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March 31, 2015, 02:37:12 AM |
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Congratulations to miners. You have worked hard. until now, 2/3 BTC has been mined
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scarsbergholden
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March 31, 2015, 05:59:39 PM |
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damn i would be so happy if i could own 1% of those 14m btc.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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March 31, 2015, 07:35:12 PM |
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damn i would be so happy if i could own 1% of those 14m btc.
you have huge ambitions haha. i would already be happy with just 1 bitcoin out of 14 million. beside that. nothing special about it reaching the 14 million mark. |
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zeitman
Newbie
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Activity: 7
Merit: 0
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March 31, 2015, 08:54:35 PM |
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what's the year all bitcoins are mined?
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unamis76
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Activity: 1512
Merit: 1005
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March 31, 2015, 10:44:47 PM |
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what's the year all bitcoins are mined?
Year 2140, more or less  How long will it take to generate all the coins?
The last block that will generate coins will be block #6,929,999 which should be generated at or near the year 2140. The total number of coins in circulation will then remain static at 20,999,999.9769 BTC. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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March 31, 2015, 10:48:48 PM |
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what's the year all bitcoins are mined?
Year 2140, more or less How long will it take to generate all the coins?
The last block that will generate coins will be block #6,929,999 which should be generated at or near the year 2140. The total number of coins in circulation will then remain static at 20,999,999.9769 BTC. Maybe there'll be a few people here now who'll be old ghouls there to witness it having splurged their wealth on third world organs. Even if it's a total irrelevance by then I'm sure the last one will pop out of someone's computerised pants for old time's sake. |
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googs84
Sr. Member
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Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
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March 31, 2015, 11:31:07 PM |
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Yeaya
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SureLockLoans
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March 31, 2015, 11:36:58 PM |
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It's a good achievement thaat its reached this far and dont worry to new comers all Bitcoin won't be mined in our lifetime
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countryfree
Legendary
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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April 01, 2015, 12:52:53 PM |
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I had forgotten BTC was growing fast. Nearly 4,000 BTC are mined each passing day. Ten years from now, that'll be probably down to 1,000. That's a big change.
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I used to be a citizen and a taxpayer. Those days are long gone.
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Jeremycoin
Legendary
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Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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April 01, 2015, 12:59:26 PM |
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So when all the BTCitcoin has mined
Is that a good thing or a bad thing???
And, can we still mine BTCitcoin?
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faucet used to be profitable |
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Hazir
Legendary
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Activity: 1596
Merit: 1005
★Nitrogensports.eu★
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April 01, 2015, 01:24:24 PM |
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damn i would be so happy if i could own 1% of those 14m btc.
I doubt that there is single man who holds more that 1% of all bitcoins as of now. I've heard about FBI Wallet being the biggest storage of bitcoins in the world: http://www.wired.com/2013/12/fbi_wallet/But I am not sure if that is the case now. And Winklevoss brothers hold about 1% of bitcoins and that is it. But I am still sad that price of bitcoin is so low even when 2/3 of it is already mined... |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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April 01, 2015, 02:09:09 PM |
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damn i would be so happy if i could own 1% of those 14m btc.
I doubt that there is single man who holds more that 1% of all bitcoins as of now. I've heard about FBI Wallet being the biggest storage of bitcoins in the world: http://www.wired.com/2013/12/fbi_wallet/But I am not sure if that is the case now. And Winklevoss brothers hold about 1% of bitcoins and that is it. But I am still sad that price of bitcoin is so low even when 2/3 of it is already mined... Be patient with the price. It will raise.After the last bubble a correction of 12-24 months is something we have to deal with. |
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Q7
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April 01, 2015, 02:15:22 PM |
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2/3 bitcoin mined already and we don not have any price increase? Now I start to doubt any theories which claim that bitcoin price will grow overtime just because bitcoin supply will be lower.
After all we may be completely wrong about this and price of bitcoin will gravitate instead towards its 'production cost'.
Stay bullish..., the mid 2016 halving is the most bullish opportunity that trader will have, may be we will see even a small bubble... If demand kept constant, there will be more buying pressure. Don't get tricked by the current low price. I always believe bitcoin price is still considered low. We should see the price slowly climbing up because the daily supply will be reduced by half. But I think the more profound effect is when the other halving occurs after the one that we expected to take place next year, which would be even more significant. |
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