Topic: And then there was 12 million............. (Read 1941 times)
12 000 000 now, but 21 000 000 will not gonna be alive to see it
Woahhhholy shit! thats a lot of bitcoins!
I hope it hits 20 million now.. lol
satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
Agree. Using the 'Bitcoin|Startup' metaphor, the number of BTC now in circulation corresponds to the number of (basic) shares issued.
Most companies have far more than 12M shares out (EG, Goldcorp has 800M+ outstanding).
12M is considered an extremely tight share structure, which for investors is very much preferable to a loose, diluted one.
The next 10M BTC may be considered options and warrants, unissued shares to be released at a future date. But we know almost exactly when they will be exercised.
Even fully diluted, 21M is still an incredibly small number of shares, making prices gains more rapid and permanent.
Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
dont forget about lost coins satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
give us a link to fint what is that effect
satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
Alright, $22,564 seems like a figure that can achieve right? we will know that 10 years later...
Nothing is impossible, we just have to wait...
Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
Alright, $22,564 seems like a figure that can achieve right? we will know that 10 years later...
Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
That's informative thought, thanks! 
Well actually a few short as I write this, but bye the time you read it we should have hit 12 million.......
Go go Bitcoin.
http://www.bitcoincharts.com/bitcoin/
Go go Bitcoin.
http://www.bitcoincharts.com/bitcoin/
Woohoo, 12million BTC, but it doesn't seems to change anything...
Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
price will never reach 1mil, cuz there is no money in whole world 21 000 000 BTC X 1 000 000 $
Apart from the fact that there is...
price will never reach 1mil, cuz there is no money in whole world 21 000 000 BTC X 1 000 000 $
Yay! Next stop 21m 
1 - Aquire some coins, wait till price reaches 1m USD.
2 - Pay in BTC for cryogenic freezing of your body (together with a paper wallet containing 1 BTC, and a Block Erupter) in the event of your death, with instructions to revive in the year
3 - Commit suicide in a publicity stunt involving Bitcoin (Maybe use your leftover BTC to buy a Rolls-Royce and drive it out the back of a plane you hired with BTC, with some naked bitches you tricked into coming aboard by flashing your phone wallet?). Price rises.
4 - Awaken in the year 2135, Everyone's dead, but you find a small deserted museum with some shitty looking computer exhibits, apparently powered by geothermal energy. You smash the glass surrounding an exhibit, happily plug your Block Erupter into a spare USB, and quickly mine the last ever satoshi.
5 -
6 - Profit?
http://www.bitcoincharts.com/bitcoin/ very nice page, and i found such usefull information here
12 Million now!
Gz
Gz
Yay! Next stop 21m
Well actually a few short as I write this, but bye the time you read it we should have hit 12 million.......
Go go Bitcoin.
http://www.bitcoincharts.com/bitcoin/
Go go Bitcoin.
http://www.bitcoincharts.com/bitcoin/
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