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Author Topic: Are Satoshi's 1.5M coins viewable?  (Read 2125 times)
corki
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July 09, 2014, 06:46:40 PM
 #41

after 2140 the bitcoin cannot be mined

Transaction processing will still occur.  New blocks will still be created.  There just won't be a block subsidy any more.  Instead those creating blocks will get their revenue entirely from transaction fees.

so its mean that no bitcoin left to mine why?

Correct.  No new bitcoins will be created after that.

is the algorith set to it?

Yes.

and i want to know that after 2140 the bitcoin worth lower then 1 dollars or will raise from 1000 dollars.. ?

Everybody wants to know that.  None of us can predict the future.  There are no time traveling machines.

So basically after 210,000,000 its over lol.
Walker80
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July 09, 2014, 07:39:36 PM
 #42

after 2140 the bitcoin cannot be mined

Transaction processing will still occur.  New blocks will still be created.  There just won't be a block subsidy any more.  Instead those creating blocks will get their revenue entirely from transaction fees.

so its mean that no bitcoin left to mine why?

Correct.  No new bitcoins will be created after that.

is the algorith set to it?

Yes.

and i want to know that after 2140 the bitcoin worth lower then 1 dollars or will raise from 1000 dollars.. ?

Everybody wants to know that.  None of us can predict the future.  There are no time traveling machines.

So basically after 210,000,000 its over lol.

Yes, thats the total suply.
BitCoinDream
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July 09, 2014, 07:58:44 PM
 #43

Yea, i wonder why does Satoshi do not move coins at all ? He is not even active now in the forum or anywhere else ?

Maybe he is dead?  People die everyday.  Walked out in front of a bus and his next of kin had no idea he was Satoshi.  Not saying that did happen but it could have happened.  Kinda hard to move coins or post on forums if you are dead.

Satoshi is not dead... at least till Mar 7, 2014 => http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186

cech4204a
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July 09, 2014, 08:05:19 PM
 #44

He is smart enough that he will keep them hidden from general public, since it's safer for his life, his coins are worth a lot, so he will not gamble his life on public addy.

Bitcoin is DEAD
BitCoinDream
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July 09, 2014, 08:58:57 PM
 #45

He is smart enough that he will keep them hidden from general public, since it's safer for his life, his coins are worth a lot, so he will not gamble his life on public addy.

May be, most of the addresses listed here are owned by Satoshi.

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