Bitcoin Forum
August 21, 2018, 10:40:29 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: How many bitcoins are there?  (Read 2363 times)
DolanDuck
Full Member
***
Offline Offline

Activity: 196
Merit: 101


View Profile
June 07, 2014, 04:27:29 PM
 #41

I guess I can only imagine the miners in 2140.

In 2140 bitcoin will be the main world currency and its value will be millions of today dollars, just a thought  Smiley

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
1534891229
Hero Member
*
Offline Offline

Posts: 1534891229

View Profile Personal Message (Offline)

Ignore
1534891229
Reply with quote  #2

1534891229
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Yuki1988
Hero Member
*****
Offline Offline

Activity: 615
Merit: 500



View Profile
June 07, 2014, 05:09:05 PM
 #42

21 million is a lot...

Can you imagine it to be physical coins lol.

Actually 21 mil/ (13 mil) is very few according to growing number of users.
We have > 7 billions people on the Earth ..

Exactly.

If you have 1 btc, you are guaranteed to be in the most wealthy 0.3% (at 7 bil world population) Wink

Justin00
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
June 08, 2014, 12:34:55 PM
 #43

treefiddy; however a max of 21 million.

Harley997
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
June 09, 2014, 10:23:43 PM
 #44

There can be a max of 21 million BTC mined (the total available supply will be lower as some transactions have invalid outputs and will be forever destroyed).

As of now there are roughly 12.8 million BTC outstanding.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
picolo
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500


https://www.localcoinswap.com/


View Profile
September 06, 2014, 11:51:07 AM
 #45

I guess I can only imagine the miners in 2140.

In 2140 bitcoin will be the main world currency and its value will be millions of today dollars, just a thought  Smiley

If it is the main currency the USD may not be present in its current form

                 ▄▄██████████████▄▄
             ▄███████████████████████▄
           █████████████████████████████
         ███▀▀█████▀▀ ██  ██  ▀▀██████████
        ██▀ ▄  ▀      ██  ██      ▀█████████
       █▀ ▄██▀        ██  ██        █████████
      ▀ ▄███▌      ███████████▄▄  ▄███████████
      ▄████▌        ▀██████████████████████████
    ▄██████     ██▄   ▀███████████████████████████▀
  ▄████████    █████▄▄  ▀███████████████████████▀
▄██████████    ████████▄  ▀███████████████████▀
    ███████    ██████████▄   ▀██████████████▀ ▄█
    ███████    ████████████▄▄  ▀██████████▀ ▄███
    ███████▌    ██████████████▄  ▀██████▀ ▄████
     ███████      ██████████████▄  ▀██▀ ▄██████
      ███████▄      ▀██████████▀      ████████
       ████████       ██  ██        █████████
        █████████▄    ██  ██     ▄██████████
          ██████████▄▄██▄▄██▄▄▄███████████
            ████████████████████████████
              ▀██████████████████████▀
                  ▀▀████████████▀▀
                  

LocalCoinSwap
   World's Most Inclusive 
         Cryptocurrency Marketplace
[]
██████████████
█████████████████
██░░░░░████████████
██░░░░░██████████████
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
██░░░░░░░░░░░░░░░░░██
█████████████████████
█████████████████████
TELEGRAM
TWITTER
FACEBOOK
REDDIT
INSTAGRAM
MEDIUM
LINKED IN
STEEMIT
The Bad Guy
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250



View Profile
September 06, 2014, 11:54:22 AM
 #46

What do you guys mean 21m bitcoin is the totall and we are at 13 million ?  Huh what will happen when we reach 21m ?

ihuntbtc
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
September 06, 2014, 12:33:49 PM
 #47

I guess I can only imagine the miners in 2140.

In 2140 bitcoin will be the main world currency and its value will be millions of today dollars, just a thought  Smiley

Too late to reap the benefits tho  Cry
DannyHamilton
Legendary
*
Offline Offline

Activity: 2198
Merit: 1371



View Profile
September 06, 2014, 04:21:13 PM
 #48

What do you guys mean 21m bitcoin is the totall and we are at 13 million ?  Huh what will happen when we reach 21m ?

I don't understand your question.

After block 6930000, all the new bitcoins will have been created. At that point, there will have been nearly 20999999.9769 BTC created.  People will just have to use the bitcoins that already exist, since there won't be any more created after that.

Wealthy
Member
**
Offline Offline

Activity: 92
Merit: 10


View Profile
September 07, 2014, 09:46:00 AM
 #49

Currently or total? There will be a total amount of 21 million eventually. You can see the current amount here https://blockchain.info/charts/total-bitcoins
The total of 13 mill has been minned till the date,is that it?It means more than 35-40% are still to be mined ?
panju1
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000



View Profile
September 07, 2014, 10:46:01 AM
 #50

Currently or total? There will be a total amount of 21 million eventually. You can see the current amount here https://blockchain.info/charts/total-bitcoins
The total of 13 mill has been minned till the date,is that it?It means more than 35-40% are still to be mined ?

Yes. But it is going to be mined at a slower and slower rate.
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
September 07, 2014, 05:26:06 PM
 #51

I guess I can only imagine the miners in 2140.
Well, if everything works out fine, Bitcoin will be worth quite a bit then and transaction fees are able to pay miners for their work. If mining becomes unprofitable, less people will mine, but there's no harm in that.

I should have gotten into Bitcoin back in 1992...
silvestar
Legendary
*
Offline Offline

Activity: 1134
Merit: 1002


First celebrity management platform on blockchain


View Profile
September 07, 2014, 05:35:36 PM
 #52

I guess I can only imagine the miners in 2140.
Well, if everything works out fine, Bitcoin will be worth quite a bit then and transaction fees are able to pay miners for their work. If mining becomes unprofitable, less people will mine, but there's no harm in that.

Chances are:
1. Bitcoin price will go up
2. Tx fee will go up
3. Number of miners will go down
4. Big bitcoin holders will mine at loss to support mining
5. A combination of the above

 Grin

thecast
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 08, 2014, 02:27:37 PM
 #53

If everyone stops mining, whoever continues gets a bigger slice of the pie, i dont see the problem.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!