Bitcoin Forum
April 24, 2024, 10:38:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Informal guesses: How much fiat has been put into coins, net...  (Read 1522 times)
CoinDiver
Hero Member
*****
Offline Offline

Activity: 778
Merit: 1002


View Profile
October 01, 2014, 03:02:05 PM
 #21

You could iterate through each block and multiply the reward by the price at that moment. That would give you all of the value that was created rather than exchanged in a balanced exchange. Someone either sold that at that rate, or held them (opportunity cost paid). You could estimate it fairly easily by breaking the price up in to monthly averages (not weighted by volume), and using 100k btc for each 25 btc month, and 200k btc for each 50 btc month.

http://mises.org/daily/3229
BTC:1PEyEKyVZgUvV4moXvCD5rQN21QETGPpLc
1713955111
Hero Member
*
Offline Offline

Posts: 1713955111

View Profile Personal Message (Offline)

Ignore
1713955111
Reply with quote  #2

1713955111
Report to moderator
1713955111
Hero Member
*
Offline Offline

Posts: 1713955111

View Profile Personal Message (Offline)

Ignore
1713955111
Reply with quote  #2

1713955111
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713955111
Hero Member
*
Offline Offline

Posts: 1713955111

View Profile Personal Message (Offline)

Ignore
1713955111
Reply with quote  #2

1713955111
Report to moderator
1713955111
Hero Member
*
Offline Offline

Posts: 1713955111

View Profile Personal Message (Offline)

Ignore
1713955111
Reply with quote  #2

1713955111
Report to moderator
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
October 01, 2014, 03:04:53 PM
 #22

5,7% in FIAT (bank account ...)
94,3% in BITCOIN (trust is like that ...)

because law admit that gov can stealth money from banks ... legally.   Grin
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!