If you belive that Bitcoin is over and done with... - page 3.

arsenische

legendary

Activity: 1199

Merit: 1012

Quote from: the founder on September 09, 2011, 10:18:31 AM

We're still printing them at a quarter million bitcoins a month, even if they are worth .00001 cent each.

If someone can logically answer why there is no mechanism to slow down the rate of printing then I want to hear it.

There is such a mechanism. 216000 btc per month is not that much, it is less than 3%. And this percentage decreases every month.

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

if you think bitcoins will reach $100 or whatever, i will gladly sell you all of mine for that price instead of the shit price they are going for now.

thought so.

the argument works both ways, man

i dont think btc is "over" but i also dont think its going to be recovering any time soon...

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

We're still printing them at a quarter million bitcoins a month, even if they are worth .00001 cent each.

If someone can logically answer why there is no mechanism to slow down the rate of printing then I want to hear it.

MajorMiner

full member

Activity: 147

Merit: 196

Put your "money" where your mouth is and send your Bitcoin to me 1APr8KyR379soKSCAciZJV2TKUnxnpxmPA .

Roll Eyes

THOUGHT SO!

UPDATED > .95 BTC Received from a SINGLE USER

Topic: If you belive that Bitcoin is over and done with... - page 3. (Read 5597 times)