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Author Topic: Total number of bitcoins.  (Read 3249 times)
rollingMyCar
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February 15, 2015, 10:48:22 AM
 #61

The total number of bitcoins must be:   M = (PQ) / V

https://en.bitcoin.it/wiki/Controlled_supply

In 2022 90% of the bitcoins will have been mined.
Which means by 2025 price should be insanely high otherwise miners will have the shittiest incentive to keep mining.

then how when mining bitcoin exhausted?

the price will be more expensive?

if so I will fill it, but too long

there are a lot of factors
who do the price of bitcoin!!!
think on what appends where mtGox and bitstamp was stolen...
and this is only the more striking!!!

and not only the number of coins that are in circulation, or the fact that there will be no more created new ones .
Also then the protocol can always be changed !!
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