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Bitcoin Forum > Bitcoin > Mining > POLL:: Attn Miners. How much of your coins are you holding for the long term?
Poll
Question: What percentage of your coins are you holding long term?
0-25% - 9 (29%)
26-50% - 5 (16.1%)
51-75% - 7 (22.6%)
76-100% - 10 (32.3%)
Total Voters: 31

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biganth (OP)
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April 27, 2013, 04:05:16 AM
 #1
Interested to learn what percentage of your coins you are holding for the long term?
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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April 27, 2013, 03:01:09 PM
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This is an extremely important question, because miners are the one's that effectively control the inflation rate for bitcoin during its current era.  If miners as a whole decide to hoard rather than immediately spend their coins, then the inflation rate is closer to zero.  If they decide to immediately spend their coins in order to recoup their investment costs, then the inflation rate is closer to the maximum it can be for the particular reward era (3600/day currently)
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