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Author Topic: The total value of BitCoin?  (Read 2475 times)
JackH (OP)
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June 14, 2011, 09:56:37 PM
 #1

How can we see the entire value of all the BitCoins? (if we assume that the price of MtGox is the price). I want to know in order to make a new article on www.italkcash.com about the BitCoin mania and I want to put a LOT of facts down to stop some of the confusion among people online.

<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Ricochet
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June 14, 2011, 10:21:15 PM
 #2

http://bitcoincharts.com/markets/ has both the total number of blocks and the total number of Bitcoins in existence, which is (# blocks) * 50.  Multiply that by the current price.

Obviously the final result will change every minute, as the price changes and the number of blocks found increases.
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June 14, 2011, 10:32:33 PM
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http://bitcoinwatch.com/ has this number in a few currencies available.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
Dude65535
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June 14, 2011, 10:39:52 PM
 #4

There is in fact .00000001 less bitcoins in existence then displayed on bitcoinwatch because someone intentional created a block with a reward of 49.99999999 bitcoins. The network only checks to make sure that you don't reward your self extra bitcoins.

1DCj8ZwGZXQqQhgv6eUEnWgsxo8BTMj3mT
rezin777
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June 15, 2011, 12:15:05 AM
 #5

There is in fact .00000001 less bitcoins in existence then displayed on bitcoinwatch because someone intentional created a block with a reward of 49.99999999 bitcoins. The network only checks to make sure that you don't reward your self extra bitcoins.

Which block was this?
Dude65535
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June 15, 2011, 12:49:23 AM
 #6

Which block was this?

124724
http://blockexplorer.com/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5

1DCj8ZwGZXQqQhgv6eUEnWgsxo8BTMj3mT
rezin777
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June 15, 2011, 01:02:16 AM
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Thank you. And interesting.
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