BTC had many dry years so give ETH some time. You will regret buying (more of) them when it has risen.
I think more application of smart contract can still raise the price of Ethereum.
Topic: How many Ether will be produced? (Read 22414 times)
I think more application of smart contract can still raise the price of Ethereum.
Etherum doesn't have max supply new ones will be mined continuously. So think about what will happen every time new eth are added the price goes down.
From your words, the cost of the ether should not increase, because they are constantly created and the demand for them falls 
Or did I misunderstand you?)
BTC had many dry years so give ETH some time. You will regret buying (more of) them when it has risen.
Ethereum doesn't have max supply but I read it online that 15 million tokens will be mined every year.
Etherum doesn't have max supply new ones will be mined continuously. So think about what will happen every time new eth are added the price goes down.
Ethereum doesnt have hard cap or limit unless the miners stopped mining it,but in the future i see a big dump of this coin because it has a lot of issues ther only thing thats pumping this coin are the new alts based on ethereum.
I'm having a hard time finding a concrete answer to this question. How many ether will be produced? Is there a cap on the amount of ether that will be produced, and if so, what is it? What are the characteristics of the halvings?
I'm considering buying ether but want to know before buying it, especially because I believe ether is currently in a hype bubble.
I'm considering buying ether but want to know before buying it, especially because I believe ether is currently in a hype bubble.
If Bitcoin quantity is limited with 21 million BTC, Ethereum is the cryptocurrency that is not limited. Thus you can keep your ETH in your wallets as much time as you plan. Here is the video, where you can get why ETH can cost ten times more!
https://www.youtube.com/watch?v=rNAC6xbEM7Q
So we are in 2017 now. Are there any new official infos about the total ether supply? I could'nt find any.
More info about total supply of Ethereum check in here: https://coinmarketcap.com/currencies/ethereum/I heard that Ethereum will swicth from pow to post that means Ethereum will not be mine again. But I do not know if this is true or not, because until now it has not yet happened.
So we are in 2017 now. Are there any new official infos about the total ether supply? I could'nt find any.
Ether is more of a mid-term hodling coin. Hold your money not for the supply to decrease, like bitcoin, but wait for the demand to increase. Because ether has a higher potential bitcoin, because ether actually has a use.
yeah, he is true we have to hold our ethereum in order to ait for the demand to increase in that way we will earn a good profit from that coin, ethereum is a coin which has a normal use like bitcoin but currently the use of it is a low level, but as soon the usage of it increased the value will also be increased.
They'd limit the coins to be produce since if they just keep producing ETH, it will devalue the rest that has been out already. As far as i know they do have about 1.8 Billion Coins as the total amount. is this real? I just got the info from http://coinwik.org/List_of_all_DCs
No , there are currently 78,659,188 ETH , but the plan is a relatively flat inflation rate , thus an infinite amount of ETH as long as the token still exists. My guess is that ~Turing complete tokens will be a security risk and act more like an experimental bitcoin sidechan to test new scripts that can be added if needed to btc in the future. People have an odd notion that Turing complete is a good thing when it involves a currency ignoring the security concerns.
those 78M include the pos also? because i doubt it is possible to produce all those coin in just one year of mining, and we are going pos in few months
That include the ICO.
ETHER DISTRIBUTION OVERVIEW
Genisis (60M Crowdsale+12M Other): 72,009,990.50 Ether
+ Mining Block Rewards: 7,318,114.22 Ether
+ Mining Uncle Rewards: 393,531.25 Ether
= Current Total Supply
79,721,635.97 Ether
They'd limit the coins to be produce since if they just keep producing ETH, it will devalue the rest that has been out already. As far as i know they do have about 1.8 Billion Coins as the total amount. is this real? I just got the info from http://coinwik.org/List_of_all_DCs
No , there are currently 78,659,188 ETH , but the plan is a relatively flat inflation rate , thus an infinite amount of ETH as long as the token still exists. My guess is that ~Turing complete tokens will be a security risk and act more like an experimental bitcoin sidechan to test new scripts that can be added if needed to btc in the future. People have an odd notion that Turing complete is a good thing when it involves a currency ignoring the security concerns.
those 78M include the pos also? because i doubt it is possible to produce all those coin in just one year of mining, and we are going pos in few months
ITT FUDsters intentionally spreading misinformation
Here, directly from the Ethereum site:
https://ethereum.org/ether
TL;DR: the plan is to have about <100M ETHs, less than 5X bitcoin.
Here, directly from the Ethereum site:
Quote
Is the ether supply infinite?
No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key lost, death of holders etc) and there would reach an equilibrium.
But the rate is not expected to be kept: sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy.
No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key lost, death of holders etc) and there would reach an equilibrium.
But the rate is not expected to be kept: sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy.
https://ethereum.org/ether
TL;DR: the plan is to have about <100M ETHs, less than 5X bitcoin.
so ETH already hit eValuation of $50 to a $420btc
yet plans to dump 18M new coins/year on the market?
ETH could have super volume / money velocity with such insanity inflation
and the LONG trend is with 101% certain: down
Even if the Ethereum number increases 1% a year without limit, it is still lower than the inflation of the fiat.
I wonder how people trade something they don't understand, honestly this Ethereum is complete nonsense to me and too complicated.
Then you should spend some time to learn about it. Maybe the market has decided it is good coin, so the price has risen.
ITT FUDsters intentionally spreading misinformation
Here, directly from the Ethereum site:
https://ethereum.org/ether
TL;DR: the plan is to have about <100M ETHs, less than 5X bitcoin.
Here, directly from the Ethereum site:
Quote
Is the ether supply infinite?
No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key lost, death of holders etc) and there would reach an equilibrium.
But the rate is not expected to be kept: sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy.
No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key lost, death of holders etc) and there would reach an equilibrium.
But the rate is not expected to be kept: sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy.
https://ethereum.org/ether
TL;DR: the plan is to have about <100M ETHs, less than 5X bitcoin.
so ETH already hit eValuation of $50 to a $420btc
yet plans to dump 18M new coins/year on the market?
ETH could have super volume / money velocity with such insanity inflation
and the LONG trend is with 101% certain: down
I wonder how people trade something they don't understand, honestly this Ethereum is complete nonsense to me and too complicated.
Well according to their website:
Hope this helps.
Quote
The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale. The results were roughly:
#60 million ether created to contributors of the presale
#12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
#5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
#2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)
#60 million ether created to contributors of the presale
#12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
#5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
#2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)
Hope this helps.
That is the current rate of production. In the next year, after converting to PoS, the rate of new inflation will be lower.
Well according to their website:
Hope this helps.
Quote
The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale. The results were roughly:
#60 million ether created to contributors of the presale
#12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
#5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
#2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)
#60 million ether created to contributors of the presale
#12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
#5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
#2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)
Hope this helps.
Ether is more of a mid-term hodling coin. Hold your money not for the supply to decrease, like bitcoin, but wait for the demand to increase. Because ether has a higher potential bitcoin, because ether actually has a use.
The new supply of the Ethereum will reduce when it convert to PoS. The rate of inflation will be lower.
However many they need to produce to get rich off you.
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