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Author Topic: How many bitcoins are out there?  (Read 710 times)
Juggernaut118
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September 08, 2011, 11:53:28 PM
 #1

How many are there and how many bitcoins are being mined a day?
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Swishercutter
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September 08, 2011, 11:56:36 PM
 #2

http://bitcoincharts.com/markets/

At the top under "total BTC".

Ideally, 7200BTC/day mined.  6 blocks/hr, 50BTC/block.
payb.tc
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September 08, 2011, 11:58:40 PM
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depending on your reason for wanting the figure, you may also like to subtract at least 20,000 that have been permanently lost (as claimed by various people on this forum).
Juggernaut118
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September 09, 2011, 12:38:28 AM
 #4

I'm wondering about the inflation. If the demand can keep up with the growing supply. At a rate of 7200 BTC per day, in one year that will be 2,628,000. Of coarse graphic cards are only getting better. With 1,730,079 BTC out there now. 1,730,079 x $6.50 = $11,245,513.50 USD. 2628000 + 1730079 = 4,358,079 BTC one year from now. 4,358,079 x $6.50 = $28,327,513.50

Food for thought I guess.
Dratt
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September 09, 2011, 12:59:00 AM
 #5

I'm wondering about the inflation. If the demand can keep up with the growing supply. At a rate of 7200 BTC per day, in one year that will be 2,628,000.
That rate is going to drop in half sometime next year.
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September 09, 2011, 01:28:59 AM
 #6

With 1,730,079 BTC out there now.

whaaaaaat? there are over 7 million. what is this 1.73m?
Juggernaut118
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September 09, 2011, 01:50:25 AM
 #7

Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.
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September 09, 2011, 02:03:23 AM
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Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.

You mean 44 million.

EDIT: Oh wait, 43 million
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September 09, 2011, 09:13:39 AM
 #9

Damn I screw up. There are 7,228,000 bitcoins. Which is worth $46,930,000 USD currently. That makes more sense.

You mean 44 million.

EDIT: Oh wait, 43 million

 Wink

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