That's when our little currency will start to really become worth something...
Topic: Bitcoin's money supply is >$50M (first time since January). (Read 945 times)
The current fiat system is in its death throes. The people will one day realize that bitcoin is the safest asset - probably after there's a major bank run.
That's when our little currency will start to really become worth something...
That's when our little currency will start to really become worth something...
How long before $100M?
If the price doesn't change much...20 years or so.
I like its angle of approach better this time. We can do sanity checks along the way ... like, how many more people are using bitcoin today as a currency versus a month ago when the exchange was nearly $1 less?
And the answer appears to be, a few more.
So here's the chart that to me, matters more:
- http://blockchain.info/charts/n-transactions-excluding-popular
And the answer appears to be, a few more.
So here's the chart that to me, matters more:
- http://blockchain.info/charts/n-transactions-excluding-popular
Jump to: