13,500,000 coins passed

[keystroke]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

[bitebits]

Indeed. But in 2020 (!) basically all the bitcoins are mined, the last 3 milion take forever (2140).
I really wonder what this will do to the bitcoin mining, difficulty and dollar price.

[ssmc2]

Indeed. But in 2020 (!) basically all the bitcoins are mined, the last 3 milion take forever (2140).
I really wonder what this will do to the bitcoin mining, difficulty and dollar price.

[kashish948]

Indeed. But in 2020 (!) basically all the bitcoins are mined, the last 3 milion take forever (2140).
I really wonder what this will do to the bitcoin mining, difficulty and dollar price.

We all know what it will do! Bitcoin mining and difficulty will go down, price > beyond moon!

[o0o0]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

[lyth0s]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

Yep greater than 64% of all coins have now been mined

[Wilhelm]

SCOOP DEM CHEAP COINZ!!! 

[flounderella]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

Yep greater than 64% of all coins have now been mined

Wowie

[Biodom]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

Yep greater than 64% of all coins have now been mined

Wowie

So, 14mil or 2/3 (66.6%) will be roughly at the end of March-early April 2015.
I think people will understand simple terms like two thirds much better.

[BlindMayorBitcorn]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

Yep greater than 64% of all coins have now been mined

Wowie

So, 14mil or 2/3 (66.6%) will be roughly at the end of March-early April 2015.
I think people will understand simple terms like two thirds much better.

I never really considered how close we are to the finish line before

[fewcoins]

1.35 crore.

Each new block is a milestone towards killing the inflation monster.

Almost 2/3 of the total coins to ever be mined are out there. Should be an interesting next few years with all the costings and diminishing gains. Interesting times ahead.

Yep greater than 64% of all coins have now been mined

Wowie

So, 14mil or 2/3 (66.6%) will be roughly at the end of March-early April 2015.
I think people will understand simple terms like two thirds much better.

I never really considered how close we are to the finish line before

Geez, this is not a good thing... Price is not going to be "fun" for the next few years 

[inca]

[flash=200,200]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years 

I suggest you look at the block reward in more detail.

[Wilhelm]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years 

That's like saying "geez price of 1lb of gold is not going to be "fun" for the next few years  "

There will be days in the future where having 0.21 BTC will be considered wealthy. A satoshi will then be $1.
People will say I have 21 million satoshi and I bought a big boat and crib.

My advice is enter the market and wait until you're considered rich. It will be <10 years.

Don't look at bitcoin as having 1, 2, 10 or 1000 bitcoin. It has a theoretically unlimited divisablity.

[Biodom]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years  

A satoshi will then be $1.

^^^This would never happen, or at least not happen in todays dollar value.
It would be fantastic if one satoshi=1c

[Bejkn]

it's a question that whether it could kill inflation monster.. 

[SmoothCurves]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years 

That's like saying "geez price of 1lb of gold is not going to be "fun" for the next few years  "

There will be days in the future where having 0.21 BTC will be considered wealthy. A satoshi will then be $1.
People will say I have 21 million satoshi and I bought a big boat and crib.

My advice is enter the market and wait until you're considered rich. It will be <10 years.

Don't look at bitcoin as having 1, 2, 10 or 1000 bitcoin. It has a theoretically unlimited divisablity.

I'd be ok with 1 satoshi = $1

[o0o0]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years 

That's like saying "geez price of 1lb of gold is not going to be "fun" for the next few years  "

There will be days in the future where having 0.21 BTC will be considered wealthy. A satoshi will then be $1.
People will say I have 21 million satoshi and I bought a big boat and crib.

My advice is enter the market and wait until you're considered rich. It will be <10 years.

Don't look at bitcoin as having 1, 2, 10 or 1000 bitcoin. It has a theoretically unlimited divisablity.

I'd be ok with 1 satoshi = $1

Isn't the market capital of bitcoin insanely high if 1 satoshi is $1? Thats $100 million per bitcoin. For $10,000 a bitcoin it would be 10,000 satoshi's = $1

[SmoothCurves]

Geez, this is not a good thing... Price is not going to be "fun" for the next few years  

That's like saying "geez price of 1lb of gold is not going to be "fun" for the next few years  "

There will be days in the future where having 0.21 BTC will be considered wealthy. A satoshi will then be $1.
People will say I have 21 million satoshi and I bought a big boat and crib.

My advice is enter the market and wait until you're considered rich. It will be <10 years.

Don't look at bitcoin as having 1, 2, 10 or 1000 bitcoin. It has a theoretically unlimited divisablity.

I'd be ok with 1 satoshi = $1

Isn't the market capital of bitcoin insanely high if 1 satoshi is $1? Thats $100 million per bitcoin. For $10,000 a bitcoin it would be 10,000 satoshi's = $1

If Billions of people come to use the blockchain and billions of machines too then it could happen.

[o0o0]

Yes but the population of earth is 7.125 billion people and they aren't all adults. I don't think that kind of adoption could happen in 10 years. Didn't credit card / card adoption take a large time?

Its a nice thought but i think we should all be a bit more realistic in possibilities instead of excited. It could happen yes but so could $1000 a satoshi but its not likely.

If we can get to $10,000 i'd be happy and i think it can do it .... just not in the near future.

[brg444]

Yes but the population of earth is 7.125 billion people and they aren't all adults. I don't think that kind of adoption could happen in 10 years. Didn't credit card / card adoption take a large time?

Its a nice thought but i think we should all be a bit more realistic in possibilities instead of excited. It could happen yes but so could $1000 a satoshi but its not likely.

If we can get to $10,000 i'd be happy and i think it can do it .... just not in the near future.

The combination of an internet protocol and money is one of the most powerful application of network effect the world has seen.

Credit card were not bootstrapped by the internet and globalization of communications.

Bitcoin will grow at speeds that will catch most of us off guard. Once we reach  the tipping point the growth of users will become hyper-exponential (think Facebook but with monetary value incentive)