Bitcoin Forum
December 02, 2016, 06:19:48 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: double digits  (Read 960 times)
bracek
Hero Member
*****
Offline Offline

Activity: 530


View Profile
July 16, 2012, 04:55:49 PM
 #1

we just need one of those threads here Smiley

I would actually like if btc went into dd
and stayed just above 10 for a month or so,
before actual block reward halving

and then,
Xmas quadrupling Smiley
1480702788
Hero Member
*
Offline Offline

Posts: 1480702788

View Profile Personal Message (Offline)

Ignore
1480702788
Reply with quote  #2

1480702788
Report to moderator
1480702788
Hero Member
*
Offline Offline

Posts: 1480702788

View Profile Personal Message (Offline)

Ignore
1480702788
Reply with quote  #2

1480702788
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480702788
Hero Member
*
Offline Offline

Posts: 1480702788

View Profile Personal Message (Offline)

Ignore
1480702788
Reply with quote  #2

1480702788
Report to moderator
1480702788
Hero Member
*
Offline Offline

Posts: 1480702788

View Profile Personal Message (Offline)

Ignore
1480702788
Reply with quote  #2

1480702788
Report to moderator
1480702788
Hero Member
*
Offline Offline

Posts: 1480702788

View Profile Personal Message (Offline)

Ignore
1480702788
Reply with quote  #2

1480702788
Report to moderator
waspoza
Hero Member
*****
Offline Offline

Activity: 602


Firstbits: 1waspoza


View Profile
July 16, 2012, 04:59:09 PM
 #2

Yay for Santa!
bracek
Hero Member
*****
Offline Offline

Activity: 530


View Profile
July 16, 2012, 05:50:46 PM
 #3


with price 10 usd /btc
and 10 mil coins mined,
and 200k blocks

we will pass through several psyco-barriers
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 1988


Legen -wait for it- dary


View Profile
July 16, 2012, 07:31:35 PM
 #4


with price 10 usd /btc
and 10 mil coins mined,
and 200k blocks

we will pass through several psyco-barriers

How is block height or the number of available coins a psychological barrier? It's inevitable, psychology plays no role in that. Whereas price is not guaranteed to do anything.

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
July 16, 2012, 07:41:10 PM
 #5

Indirectly >$10, >200K blocks and >10M coins do creates some psychological effects.

$10M * 10M = $100M coins in circulation.  200K blocks is ~4 years.  Bitcoin being collectively worth $100M after 4 years does put some doubts into the critics.   That is pretty large and pretty long run for your average internet HYIP or Ponzi scam.  Collectively that is a lot of money "voting" to stay and doing so for a significant amount of time.  Granted past performance is not indicative of future success but it certainly provides a more significant foundation than 0 blocks and ~0 btc money supply worth ~$0.00.

I would say money supply (I hate term market cap) staying above $100M for multiple months after the first subsidy cut would be a huge confidence booster for people interested in Bitcoin for a variety of reasons. $100M is probably the largest psychological number other than the prior peak of $32 per BTC.  Then again I hope someday we are wondering when Bitcoin has a $1 billion money supply.
opticbit
Hero Member
*****
Offline Offline

Activity: 676


PGP: 6EBEBCE1E0507C38


View Profile WWW
July 16, 2012, 07:57:27 PM
 #6

I think some will give more value to the coins mined in this generation (50btc/block) than in the next.
Similar to the bounty for the 14k btc pizza coins that have had increased value on them.
I'll be holding on to my casascius coins.  the contents of my wallet change daily

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
July 16, 2012, 08:04:16 PM
 #7

I thing some will give more value to the coins mined in this generation (50btc/block) than in the next.
Similar to the bounty for the 14k btc pizza coins that have had a bounty on them.
I'll be holding on to my casascius coins.  the contents of my wallet change daily

The pizzas were 10k, and there were 2, so it was only 5k BTC/pizza.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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!