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Cheesle (OP)

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February 01, 2014, 10:04:46 PM
Last edit: March 26, 2014, 03:52:16 PM by Cheesle

#1

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johnyj

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Beyond Imagination

Re: [Poll] What percentage of the total supply will be used for transactions?

February 01, 2014, 10:46:09 PM

#2

It depends on your spending/saving ratio, I guess half of the people never spend more than 10% of their savings, then the number of coins in circulation will be around 10%

Why bitcoin will appreciate forever: https://bitcointalk.org/index.php?topic=277275.msg3244038#msg3244038

aminorex

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Sine secretum non libertas

Re: [Poll] What percentage of the total supply will be used for transactions?

February 02, 2014, 05:18:11 AM

#3

at least a million are functionally lost, probably more like 2.5 million.

Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.

billyjoeallen

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Hide your women

Re: [Poll] What percentage of the total supply will be used for transactions?

February 02, 2014, 05:46:50 AM

#4

It is almost certain that it will be a higher percentage than is currently the case. Bitcoin's utility as a medium of exchange and conveyance of title/value is going to increase exponentially with each new node on the network, while it's utility as a store of value has an upper bound equal to 100% of all wealth in existence.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s

1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc