Topic: Total Bitcoins is Officially over 16 Million! (Read 964 times)
The last 5 millions are waiting.
What about the number of BTC being lost in the process? Anyone s got any assessment of that number?
I believe that most part of "freezed" wallets contains losted bitcoins, like Satoshi coins and others old users that don't believed in the sucess of the coin in the future and a lot of people that lost their wallets for some reason.
However we can see the same problem with any fiat.
That's not happening with fiat money, you can't hold money in the bank forever. (If you die they close your account, for example).
Bitcoin will never reach 21KK, [50(1/2)^n] with n from 0 to infinite.
It will be close to 21. Something like 20.99999 and so on
Yes 16 million have been mined. However, we all know that mining becomes harder, so there won't come this day when all the btc are mined and we are still alive, because this will happen in 2150 or so. And yet it is good that there are people who mine it despite the fact that it is becoming harder. Looks like bitcoin has a great future.
There were some report that 90% of all bitcoins should be mined at 2039, with that said i really dont know how the miners will manage their miners and hash from bitcoin, its a great achievement bitcoin has reached and next halving will be at 2020, and the next halving should make bitcoin to reach easy 1500 dollars and above.
Yes finally we have 16 million bitcoin. That's a great milestone that we the bitcoiner had achieved and we are almost at the crucial stage because from now bitcoin would be mined very slowly as the difficulty level is increasing day by day.
Bitcoin is still strong and growing in quantity.
It will be more and more difficult to mine all the bitcoins to 21M but miners won`t stop.
I wish there was a way for me to mine btc too,but it isn`t profitable in my country.
This is great, bitcoin is becoming higher its demand each day.
That bitcoin is becoming popular though, and others are gaining
profit already. Lets wait for the bitcoin price to hit $1000.
That bitcoin is becoming popular though, and others are gaining
profit already. Lets wait for the bitcoin price to hit $1000.
Great achievement! And congrats to all of us especially the miners I guess who put in their money and sincere efforts and made this possible. I think only 5M bitcoins left to be mined now?
Only 6M bitcoin is remain !
It it more hard to mining bitcoin !
The bitcoin mine is going to be running out
From wan
It it more hard to mining bitcoin !
The bitcoin mine is going to be running out
From wan
Yes total bitcoin in circulation is now 16,002,638 which is slightly more than 16 million is a great success for all of us because we had marched with bitcoin from 2009 to 2016 and we are nearly 21 million so Satoshi's dream could get turned into reality.
Great reason why bitcoin cannot be stop by another cryptocurrency made after bitcoin.
Its the time to celebrare, oh no I guess I will wait the $800 before I celebrate
BTW How many estimated bitcoin are still left to be mine?
Its the time to celebrare, oh no I guess I will wait the $800 before I celebrate
BTW How many estimated bitcoin are still left to be mine?
I personally think this is great. I wish more of the mining would be able to be done by the small miners, so that we could make some money, but all of the biiig guys had to step in and take over!!! Another day, Bitcoin is advancing and that is all that matters!
Another good reason to get drunk.
Happy Thank's giving
Happy Thank's giving
What about the number of BTC being lost in the process? Anyone s got any assessment of that number?
I believe that most part of "freezed" wallets contains losted bitcoins, like Satoshi coins and others old users that don't believed in the sucess of the coin in the future and a lot of people that lost their wallets for some reason.
However we can see the same problem with any fiat.
16 million bitcoins? wow its a big amount of bitcoin, i imagine if i have it for 100 bitcoins and i think i can be a rich person right now i wonder how much in years the rest of bitcoin will be over for mining? better to not thinking about this, i am not miners anyway
i wonder how much in years the rest of bitcoin will be over for mining? better to not thinking about this, i am not miners anyway
Good news, however, it doesn't really mean all that much. just means the supply has crossed the 16m threshold and we have roughly another 5m to go before we start relying completely on transaction fees for block rewards. It's a god milestone for sure, but in the grand scheme of things it is just another number that will eventually be replaced by 17m, then 18m, and so on.
What about the number of BTC being lost in the process? Anyone s got any assessment of that number?
There should be one,I myself lost $100 from my desktop wallet and I lost it when I reformat my computer also lost my key,it's not recoverable anymore,I wonder how many bitcoin are not accounted .
The only way for price to go is up! buy and hold!
Very interesting date and milestone. Each day that is passing, we're driving toward the totality of bitcoins produced, and me getting rich because of the high price !
!
Time for some champagne and fireworks, I guess, haha 
Well, there's a thread about that, but it's a loose estimate, of course.
What about the number of BTC being lost in the process? Anyone s got any assessment of that number?
Well, there's a thread about that, but it's a loose estimate, of course.
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