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Author Topic: BITCOIN SAVINGS & TRUST - Just when you thought Bitcoin was instant....  (Read 14564 times)
bitlane (OP)
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August 22, 2012, 02:00:24 AM
 #141

If he wants to save face, let him honor the agreement he made to send my funds with interest, on Monday (30 hours ago)....to give others a bit of hope that he is not completely full of shit.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 23, 2012, 01:07:01 PM
Last edit: August 23, 2012, 04:02:21 PM by JoelKatz
 #142

Don't you wish someone had warned people that something like this would happen?

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