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Author Topic: Has Bitcoin left the Beta stage yet?  (Read 1009 times)
mobile4ever
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April 09, 2013, 04:07:28 PM
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Has the bitcoin project left the "beta" stage yet? If not, when is it projected to leave beta?
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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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mobile4ever
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April 10, 2013, 02:42:49 PM
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Does anyone know?
deadweasel
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April 10, 2013, 02:43:20 PM
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Does anyone know?

No, bitcoin is still beta.  Invest accordingly!

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April 10, 2013, 03:39:13 PM
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Does anyone know?

No, bitcoin is still beta.  Invest accordingly!

Great... thanks!
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April 10, 2013, 08:37:55 PM
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more then likely it will be in beta for another 10+ years. but thats because its still new, and there isnt a big company taking the bull by the horns like you might expect if it were google running this. in a way i think it also helps with perception of bitcoin, its way too new of a currency to be considered anything other then beta. it also has many features that havnt yet been implemented that are key to its advancement.
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April 10, 2013, 09:22:23 PM
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more then likely it will be in beta for another 10+ years. but thats because its still new, and there isnt a big company taking the bull by the horns like you might expect if it were google running this. in a way i think it also helps with perception of bitcoin, its way too new of a currency to be considered anything other then beta. it also has many features that havnt yet been implemented that are key to its advancement.


Ten years! That is a long time, but I am sure many changes will take place before that last bitcoin is minted.
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April 10, 2013, 10:15:15 PM
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last coin block is estimated to be in 2140 Tongue unless asic have more of an impact then expected but it would require exponential block on block processing to counter increasing difficulty
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