17 million Bitcoins in circulation in 3.. 2.. 1.. - page 2.

Roukawa

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Activity: 546

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Quote from: SKRAAA on April 24, 2018, 08:59:26 AM

17,000,000 Bitcoins in circulation thread

We are getting closer and closer to reaching 17 million Bitcoins in circulation. It will take a lot of time till next milestone of 18 million coins so I decided to eternalize the moment.

I played with some numbers from https://blockchain.info/charts/total-bitcoins?timespan=30days and I predict that there will be 17,000,000 Bitcoins in circulation on:

Wednesday April 25, 2018 08:40:38 (am) UTC time (forum time) (Unix time=1524645638)

Let's see how accurate is my prediction

There are 21M of bitcoins and17M of it are just mined. No matter when it will happen (this year), we cannot stop the way bitcoins mined. Bitcoin destined to be mined, used and circulate in our economy.
Way back 2009 when the first bitcoins were mine and right now, almost 17M were already curculated in the world. Only 4M left in the supply and I think it will become difficult for the miners of BTC to mine in the next years.

Reid

hero member

Activity: 3052

Merit: 651

So afterwards there will still be 4million left. It is nice to see that bitcoin is this valuable even with 4m left to mine.

With that, miners will still be coming or those who are already doing it will keep on.
We will be seeing a lot of changes with its value once it goes to an amount where we can say it is getting instinct. Grin

cryptoheroin

member

Activity: 182

Merit: 10

LOL,it would take forever to mine those remaining bitcoins.Which is why its value is increasing expotentially from time to time because the mining difficulty is getting higher as we are getting closer to 17million circulating supply.Most of the supply of bitcoin are lost to somewhere else,bitcoin's supply isnt that accurate because if it does its value wont fluctuate as what we have experienced.

bluestar1000

newbie

Activity: 14

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Quote from: angelakrasnova on April 25, 2018, 04:24:32 AM

Apparently soon all bitcoin will be obtained, and either the price will go up strongly, or something terrible will happen with bitcoin

Only another 122 years to go. Not long now.

felicita

legendary

Activity: 1582

Merit: 1031

rtigth now we are on 16997525 XD
There are still many bitcoins minable and i think its good that we still can mnine about 4 million btc.
and we will see what then happens Wink

regards

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: angelakrasnova on April 25, 2018, 04:24:32 AM

Apparently soon all bitcoin will be obtained, and either the price will go up strongly, or something terrible will happen with bitcoin

It must be assumed that by this time 17 million bitcoins have already been mined, or it will happen in a matter of hours. However, it can not be said that all 17 million are in circulation. It is estimated that about six million bitcoins have already lost access and this figure will only increase with time.

If all 21 million bitcoins are mined, nothing substantial will happen. Everything will remain the same. Some believe that after this bitcoin will grow in price, as the supply will be limited. This is not true. The market will operate in the same mode and large batches of bitcoins will also be thrown at it periodically.

ballerin and giroud

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Activity: 868

Merit: 16

Total circulation that will surely be achieved in this year. I hope this year is also offset by a high volatility increase as well to push the bitcoin price up so we can smile back to December last year.

stompix

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Blackjack.fun

Quote from: laredo7mm on April 25, 2018, 04:37:18 AM

Quote from: stompix on April 24, 2018, 11:29:44 AM

Quote from: SKRAAA on April 24, 2018, 09:13:09 AM

Quote from: Xester on April 24, 2018, 09:04:57 AM

Well it does not matter if your prediction will be realized or not in the certain you hope for it to occur. But the reality remains the same that eventually bitcoin will reach that Seventeen Million Supply in circulation. This does not matter if that happens this month or next month but the only thing we cannot deny is that it will really reach 17 million bitcoins this year.

It's very close to 17 million so I can guarantee you that is will happen tomorrow! I will probably miss exact time because there are block rewards and all that so it's difficult to get exact time correct.
But it WILL happen tomorrow.

There are ~ 16,996,900 bitcoins mined.
Each day on average there are more 1800 getting mined.
It's going to happen ~ 42 hours from the moment I'm writing this and it's NOT going to be tomorrow.

How did you calculate that date?

Where did you get that data? I think coinmarketcap.com does not have live data. I think we already reached 17 million in circulation, but I can't find live data on blockchain.info, there is only info for yesterday at 2:00 am and tomorrow there will be info for today at 2 am and it will be ~600 coins less than 17m so we will/have already reached 17m

I didn't get the data from blockchain or coinmarket cap.
My approximation was based on 17 000 000 - (10500000 (coins mined at 50 reward) + 5 250 000 (coins at 25)) /12.5 (current reward) = 100 000 blocks after the last laving.
So the block that will mine the 17 million coin will be block 210000+210000+100000, block 520 000.
Since we're at block 519894 we're still short 106*12.5 coins Cheesy

.

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: SKRAAA on April 24, 2018, 08:59:26 AM

17,000,000 Bitcoins in circulation thread

We are getting closer and closer to reaching 17 million Bitcoins in circulation. It will take a lot of time till next milestone of 18 million coins so I decided to eternalize the moment.

I played with some numbers from https://blockchain.info/charts/total-bitcoins?timespan=30days and I predict that there will be 17,000,000 Bitcoins in circulation on:

Wednesday April 25, 2018 08:40:38 (am) UTC time (forum time) (Unix time=1524645638)

Let's see how accurate is my prediction

I think it is nice to in some way mark a moment when 17 million BTC will be mined,for some users it has no significance(what they have shown with their comments).

I think your timing is not 100% accurately because that time is passed and by the data I have found we are still short for 1800BTC and for roughly 24 more hours.For users who like to monitor data in real time use this site : BitcoinTicker/NetworkStats

carlisle1

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Activity: 2744

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Campaign Management?"Hhampuz" is the Man

Quote from: SKRAAA on April 24, 2018, 08:59:26 AM

17,000,000 Bitcoins in circulation thread

We are getting closer and closer to reaching 17 million Bitcoins in circulation. It will take a lot of time till next milestone of 18 million coins so I decided to eternalize the moment.

I played with some numbers from https://blockchain.info/charts/total-bitcoins?timespan=30days and I predict that there will be 17,000,000 Bitcoins in circulation on:

Wednesday April 25, 2018 08:40:38 (am) UTC time (forum time) (Unix time=1524645638)

Let's see how accurate is my prediction

so?who cares about if the circulating bitcoins turns 17,000,000?as if it does matter to all of us,why people nowadays in this forum becomes nonsense everyday,posting topics as if we really cares.do some functionality,and not this kind of thread..

Even if we reach 17,000,000 still we are long way to complete that 21,000,000 bitcoins because the more coins are mind is the more harder will it takes to get another

laredo7mm

hero member

Activity: 1498

Merit: 537

Quote from: stompix on April 24, 2018, 11:29:44 AM

Quote from: SKRAAA on April 24, 2018, 09:13:09 AM

Quote from: Xester on April 24, 2018, 09:04:57 AM

Well it does not matter if your prediction will be realized or not in the certain you hope for it to occur. But the reality remains the same that eventually bitcoin will reach that Seventeen Million Supply in circulation. This does not matter if that happens this month or next month but the only thing we cannot deny is that it will really reach 17 million bitcoins this year.

It's very close to 17 million so I can guarantee you that is will happen tomorrow! I will probably miss exact time because there are block rewards and all that so it's difficult to get exact time correct.
But it WILL happen tomorrow.

There are ~ 16,996,900 bitcoins mined.
Each day on average there are more 1800 getting mined.
It's going to happen ~ 42 hours from the moment I'm writing this and it's NOT going to be tomorrow.

How did you calculate that date?

Where did you get that data? I think coinmarketcap.com does not have live data. I think we already reached 17 million in circulation, but I can't find live data on blockchain.info, there is only info for yesterday at 2:00 am and tomorrow there will be info for today at 2 am and it will be ~600 coins less than 17m so we will/have already reached 17m

angelakrasnova

member

Activity: 252

Merit: 10

Apparently soon all bitcoin will be obtained, and either the price will go up strongly, or something terrible will happen with bitcoin

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: SKRAAA on April 24, 2018, 09:13:09 AM

Quote from: Xester on April 24, 2018, 09:04:57 AM

Well it does not matter if your prediction will be realized or not in the certain you hope for it to occur. But the reality remains the same that eventually bitcoin will reach that Seventeen Million Supply in circulation. This does not matter if that happens this month or next month but the only thing we cannot deny is that it will really reach 17 million bitcoins this year.

It's very close to 17 million so I can guarantee you that is will happen tomorrow! I will probably miss exact time because there are block rewards and all that so it's difficult to get exact time correct.
But it WILL happen tomorrow.

There are ~ 16,996,900 bitcoins mined.
Each day on average there are more 1800 getting mined.
It's going to happen ~ 42 hours from the moment I'm writing this and it's NOT going to be tomorrow.

How did you calculate that date?

SKRAAA

member

Activity: 72

Merit: 16

THE THING GO SKRAAA

Quote from: Xester on April 24, 2018, 09:04:57 AM

Well it does not matter if your prediction will be realized or not in the certain you hope for it to occur. But the reality remains the same that eventually bitcoin will reach that Seventeen Million Supply in circulation. This does not matter if that happens this month or next month but the only thing we cannot deny is that it will really reach 17 million bitcoins this year.

It's very close to 17 million so I can guarantee you that is will happen tomorrow! I will probably miss exact time because there are block rewards and all that so it's difficult to get exact time correct.
But it WILL happen tomorrow.

Xester

hero member

Activity: 994

Merit: 544

Well it does not matter if your prediction will be realized or not in the certain you hope for it to occur. But the reality remains the same that eventually bitcoin will reach that Seventeen Million Supply in circulation. This does not matter if that happens this month or next month but the only thing we cannot deny is that it will really reach 17 million bitcoins this year.

SKRAAA

member

Activity: 72

Merit: 16

THE THING GO SKRAAA

17,000,000 Bitcoins in circulation thread

We are getting closer and closer to reaching 17 million Bitcoins in circulation. It will take a lot of time till next milestone of 18 million coins so I decided to eternalize the moment.

I played with some numbers from https://blockchain.info/charts/total-bitcoins?timespan=30days and I predict that there will be 17,000,000 Bitcoins in circulation on:

Wednesday April 25, 2018 08:40:38 (am) UTC time (forum time) (Unix time=1524645638)

Let's see how accurate is my prediction

Topic: 17 million Bitcoins in circulation in 3.. 2.. 1.. - page 2. (Read 340 times)