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Author Topic: 13 million BTC in circulation in August 2014  (Read 430 times)
remotemass
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January 28, 2014, 09:14:39 PM
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We will probably reach 13 million BTC in circulation in August 2014;
14 million in May 2015
15 million in January 2016
16 million in September 2016
17 million in
18 million in
19 million in
20 million in
21 million in

Would be great there was a torrent file of all referenced materials of the paper: "How to Build Time-Lock Encryption" by Tibor Jager. And having its magnet link published on bitcoin blockchain!
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djarot
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January 29, 2014, 09:46:25 AM
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IMO .. If you read this paper - BitCoin -, I think in 2017, btc will hit only +/- 15 million BTC





djarot
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January 30, 2014, 10:32:27 PM
 #3

According to Satoshi's post:

Quote

    Total circulation will be 21,000,000 coins. It'll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years.

    first 4 years: 10,500,000 coins

    next 4 years: 5,250,000 coins

    next 4 years: 2,625,000 coins

    next 4 years: 1,312,500 coins etc...
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January 31, 2014, 12:53:03 AM
 #4

According to Satoshi's post:

Quote

    Total circulation will be 21,000,000 coins. It'll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years.

    first 4 years: 10,500,000 coins

    next 4 years: 5,250,000 coins

    next 4 years: 2,625,000 coins

    next 4 years: 1,312,500 coins etc...

Is that satoshis site? It looks so sketch. I`d just follow the bitcoincharts or blockchain info on this..
empoweoqwj
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January 31, 2014, 03:56:32 AM
 #5

We will probably reach 13 million BTC in circulation in August 2014;
14 million in April 2015
15 million in January 2016
16 million in April 2016
17 million in September 2017

Your point being?
remotemass
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February 07, 2014, 11:42:18 PM
 #6

Your point being?

Just to find out the number of coins in circulation for each million.

I guess the errors in my calculation are because I am using 10 minutes for each block, but it is actually less than that sometimes.

Can anyone come with more accurate numbers?

Would be great there was a torrent file of all referenced materials of the paper: "How to Build Time-Lock Encryption" by Tibor Jager. And having its magnet link published on bitcoin blockchain!
sanjoea
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February 08, 2014, 03:02:04 AM
 #7



That's huge amount, we people are trying to get atleast 1 BTC , for us this amount is huge

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Dafar
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February 08, 2014, 03:11:42 AM
 #8

$10k/BTC..... coming soon to a home near you




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DrHerbSmoker
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February 08, 2014, 05:50:36 AM
 #9

I believe bitcoin will hit 10,000 and what's stopping it from hitting 100,000 eventually if the whole world starts accepting and using the currency. Obviously some parts can't because of tech issues but I believe it will eventuallly

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