Bitcoin Forum
July 22, 2018, 04:49:11 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: There are ~1,500,000 more bitcoins now than there were last year  (Read 1434 times)
keystroke
Hero Member
*****
Offline Offline

Activity: 864
Merit: 1005


advocate of a cryptographic attack on the globe


View Profile
November 09, 2014, 09:57:15 AM
 #1

Yet the price per coin is about the same.

So market cap is up ~15%. [Source : http://www.coindesk.com/data/bitcoin-market-capitalization/]

Looks fair to me.

Sentiment might take awhile to change, but change it will. We're working on building an economy here. Wink

Of course everyone wants to speculate on price because that determines the worth of our individual coins. But even if coin price is the same we now own part of a much larger and more powerful economy.

"The difference between a castle and a prison is only a question of who holds the keys."
1532278151
Hero Member
*
Offline Offline

Posts: 1532278151

View Profile Personal Message (Offline)

Ignore
1532278151
Reply with quote  #2

1532278151
Report to moderator
1532278151
Hero Member
*
Offline Offline

Posts: 1532278151

View Profile Personal Message (Offline)

Ignore
1532278151
Reply with quote  #2

1532278151
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
piramida
Legendary
*
Offline Offline

Activity: 1120
Merit: 1001



View Profile
November 09, 2014, 12:15:03 PM
 #2

But even if coin price is the same we now own part of a much larger and more powerful economy.

Which, even if it does fail for some yet unknown reason, will anyway forever remain as a significant part of human history, as the first baby steps of decentralized society.

i am satoshi
BRE
Legendary
*
Offline Offline

Activity: 1062
Merit: 1000


Jo - LuckyBit Asst Community Manager & Moderator


View Profile
November 09, 2014, 02:46:47 PM
 #3

But i hope we have more than 1.500.000 new users for bitcoin world in this year.
That will make bitcoin price still in good rate

The original falling coin game
LuckyBit



               ▄██▄
              ▄█▀ ▐▌
                               ▄▄▄▄▄▄▄▄▄▄█
        ▄▄   ▐█   ▐▌                            ▄▀▀        █▀▀▄▄
      ▄▀    ▄█    █                          ▄▀          █    ▀█
     ▐▌     █▀   █▀                         ▐▌          █      █      
     ▐▌    ▐▌  ▄▀                           █          █▀    ▄█▀      █▐▌
      ▀▄   █ ▄▀                              █   ▄▀   █▀▀▀██▀    ▐▌ ▄█▄█▄
        ▀▀██▀   ▐█  ▐█  ▄█▀█ █▌▄██▄  █   █     ▀▀▀    █▀     ▀█     ▐▌█
         ▄█▌    █▀  █  ▄█  ▀▐█▀ ▄▀  █▌  █            █▀       ▐█ ▐█  ██
     ▄▄▄▄█▀    ▐▌  █▀ ▄█    █▌▄▀   ██  █▌  ▄▄▄▄▄    █▀         █ █▌ ▐█  ▌
 ▄██▀▀▀███▄▄   █  ██ ▄▀█   ██ █   ██  ██  ▄█    ▀▀▄█▀         █▌▐█ ▄█  █
▄▀    ▄█   ▀▀▀▄▀▀▀ ▀▀  ▀▄▄▀▀▀  ▀▄▀ ▀▀▀▄█▄▀ ▀▄   ▄█▀▀▀▄▄    ▄█▀▀  ▀▀  ▀▀
▀▄▄▄▄█▀        ▀▄                  ▄▄▄█      ▀▀▀       ▀▀▀▀
  ▀▀            ▐▌              ▄▀▀ ▄█
                              █   ▄▀
                              ▀▄▄▀▀
Suspense - Community - Prizes
Clambling
Erdogan
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
November 09, 2014, 05:44:55 PM
 #4

They existed all the time, but last year, they had not been found yet.



°º¤ø,¸¸,ø¤º°`°º¤ø, Fund Fantasy ,ø¤°º¤ø,¸¸,ø¤º°`°º¤ø,¸
FANTASY TRADING PLATFORMTOKEN SALE UPDATES
  Website  ▪  White paper  ▪  Facebook  ▪ Twitter  ▪  Medium  ▪  Bitcointalk  ▪ Telegram
orsotheysaid
Full Member
***
Offline Offline

Activity: 162
Merit: 100


View Profile
November 09, 2014, 07:30:17 PM
 #5

But i hope we have more than 1.500.000 new users for bitcoin world in this year.
That will make bitcoin price still in good rate

That's a lot of new users in this forum as well. Can the server deal with such an influx of new people and posts??
freedomno1
Legendary
*
Offline Offline

Activity: 1498
Merit: 1023


Activity: 9001 == OP


View Profile WWW
November 09, 2014, 08:32:39 PM
 #6

But i hope we have more than 1.500.000 new users for bitcoin world in this year.
That will make bitcoin price still in good rate

That's a lot of new users in this forum as well. Can the server deal with such an influx of new people and posts??

It should be fine as there are the constant users and the intermittent ones
Plus the bitcointalk slush fund is significant as we are preparing for the new forum software

BITEX
            ███     ███     ███
              ███     ███     ███
                ███     ███     ███
                  ███     ███     ███
                    ███     ███     ███
                      ███     ███     ███
                        ███     ███     ███
                          ███     ███     ███
                            ███     ███     ███
                              ███     ███     ███
                            ███     ███     ███
                          ███     ███     ███
                        ███     ███     ███
                      ███     ███     ███
                    ███     ███     ███
                  ███     ███     ███
                ███     ███     ███
              ███     ███     ███
            ███     ███     ███

The First Locally-Embedded, Yet Global, Crypto-Bank
TELEGRAM    FACEBOOK   TWITTER    YOUTUBE    LINE

                  ███     ███     ███
                ███     ███     ███
              ███     ███     ███
            ███     ███     ███
          ███     ███     ███
        ███     ███     ███
      ███     ███     ███
    ███     ███     ███
  ███     ███     ███
███     ███     ███
  ███     ███     ███
    ███     ███     ███
      ███     ███     ███
        ███     ███     ███
          ███     ███     ███
            ███     ███     ███
              ███     ███     ███
               ███     ███     ███
                 ███     ███     ███

WHITEPAPER | ANN
50% discount pre-ICO NOW!
redskins49
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
November 09, 2014, 09:19:15 PM
 #7

we are going to rocket to the moon guys, i heard a group of college kids talking about bitcoin at the office today. I'm very bullish
Elwar
Legendary
*
Offline Offline

Activity: 2534
Merit: 1199


www.varyon.io


View Profile WWW
November 09, 2014, 10:00:57 PM
 #8

The bears and PoS people would say that all 1.5 million were sold off on the exchanges right after being mined.

They also talk about how low the volume is.

So that would mean that a majority of the coins sold were from miners while most everyone else is buying and spending/holding.

                     ▄▓▓▓▓    ▄▓█▓▄
                  ▄▓██████    ██████▓▄
                ▐████████▓    ▓████████▌
            ▄▓▓▄ ▀██▓▀▀▀         ▀▀▓██▓ ▄▓▓▄
         ▄▓█████▌ ▄▄▓▓██▓▌     ▓██▓▓▄▄ ▐█████▓▄
       ▓███████▀▄▓███████▌    ▐███████▓▄▀▓██████▓
       ▓█████▓ ▓█████████▌     █████████▓ ▓█████▓
               ▀▓████████      █████████▓
     ▄▄             ▀▀▀▀▀       ▀▀▀▀             ▄▄
    ▓████▓▓                                  ▄▓█████
    ▐██████ ▄▓█▓▓▄▄                   ▄▄▓▓▓▓ ██████▌
     ▓█████ ████████▓▓            ▄▓████████ █████▓
      ▓███▓ █████████▓            ▓█████████ ▓████
            ▀███████▀               ▓██████▀
        ▓███▓ ▓███▓      ▄▓██▓▄      ▓███▓ ▓███▓
        ▓█████▄        ▄▓██████▓▄        ▄▓████▓
         ██████▓      ▓██████████▓      ▐██████
         ▐████▓       ▀▓████████▓▀       ▓████▌
           ▀▀▀    ▄▓██▓▓▄▄ ▀▀ ▄▄▓▓███▓     ▀▀▀
                 ▓█████████  ██████████▄
                 ▓▓██████▓▓  ▀▓██████▓▓
██
██
██
██
██
██
██
██
██
██
██
██
██
██
.......Social Media.......
██▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
██
██
██
██
██
██
██
██
nothing2seeHere
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
November 10, 2014, 03:11:48 AM
 #9

The bears and PoS people would say that all 1.5 million were sold off on the exchanges right after being mined.

They also talk about how low the volume is.

So that would mean that a majority of the coins sold were from miners while most everyone else is buying and spending/holding.
I would say that a very good percentage of the bitcoin that has been mined over the last year were sold on the exchanges as the miners generally need to pay for their electric costs, this is the nature of PoW (and also why PoW will always work).
Pages: [1]
  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!