Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15076. (Read 26713498 times)

I'd start with $100k, which is maybe this year or next year, we don't know for sure. $1m will come in a few short years, so keep a few set aside in cold storage or something. You can go play (and probably lose) the rest.

In my mind, between 2025 and 2035 is when all the "practical" bitcoins have been mined, or we are close to 99% mined. The next one hundred years is for the last bitcoin, and that quantity matters less, but cost of production of those last few bitcoins will drive the price of the entire marketcap.

Here is the coin supply schedule estimated:

Current bitcoins: 16 million, Block Reward 12.5 BTC
By 2018: 17 million
By 2020: 18 million, Block Reward 6.25 BTC
By 2022: 19 million
By 2024: 19.68 million 93.75%, Block Reward 3.125 BTC
By 2028: 20.34 million 96.87%, Block Reward 1.5625 BTC
By 2032: 20.67 million 98.44%, Block Reward is below 1 BTC.
By 2036: 20.83 million 99.22%
By 2056: 20.99 million 99.99%

By 2064: Less than 1300 BTC added per year
By 2080: Less than 100 BTC added per year
By 2100: Less than 2 BTC added per year
By 2108: The last full bitcoin has been added
By 2144: Mining is purely transaction fees.

Between 2036 to 2144, most or all miners will receive more in transaction fees, than the coinbase block reward.

I think 2025 to 2026 which is less than 10 years away, for all intents and purposes, all bitcoin has been practically mined, and we should see price adjust accordingly. USD is likely to be 100k to 500k by this time, depending on who you believe predicts the price.

2030ish is the decade where we see bitcoin go full million dollars or higher.

I don't have anyone on ignore. For awhile I read what he had to say, even went through his whole blog. In the end, none of it made sense to me, there are many errors both in logic and in certain assumptions, and he keeps repeating the same things over and over.

No, the random bs generator is built into his brain or something. That's just how he thinks, or how he expresses himself.

But I'm a nice guy, I'll feed the troll enough just so he doesn't starve, but everything he says is junk. I don't even know why he sticks around. (wait, maybe because we keep feeding him.)

What you´re saying ?  I´m a rich bitch, or, . . . naah

..."Current estimates of total worldwide household wealth that I have found range from $100 trillion to $300 trillion. With 20 million coins, that gives each coin a value of about $10 million."....

https://www.mail-archive.com/[email protected]/msg10152.html

Yeah, but i´m not sure about his motivations. Well no, he´s just an asshole. What can i say . . . 

https://blockchain.info/charts/market-price?timespan=all


https://blockchain.info/charts/difficulty?timespan=all

Alright, imported the priv keys from a wallet that used to hold about 10 btc but it only shows about 3 btg as getable. Weird, but at least it's something. Thanks guys, gonna keep playing with this.

One final question, I only need to import the keys that have >0 tx right?

That seems really high. I just paid $11 (0.0008) and got a confirmation in under 30 minutes.

 Please!  It's new and improved...

I'm not sure. He keeps saying the same thing "This user is currently ignored."

Release the toaster!111

 If the private key begins with K or L then use compressed.  If it begins with 5, use uncompressed.

Edit.  I just realized you said compressed corresponds to the public key - that's the one to use.
Sorry, I'm playing with Kraken as well and I think they just enabled trading again.

Mmpf, how would ever a "normal" user come to grips with all that shit. Tell me !
We´re in our own universe here, but thats not the mainstream, is it ?

Compressed corresponds to the public key. Uncompressed doesn't correspond to the public or private key.

 Probably uncompressed but make sure the address you select matches the Bitcoin address you scanned the private key's QRcode for and you'll be fine.

seems kraken has some problems with some coins and there value, EOS is now at 3000 ish for example... a brief moment I was so happy

That worked. Now to scan them all and see if there is any gold to dig up... Should I import the compressed or uncompressed address?

This. And after that it usually ask for the bither password.
If you still have problems you can open a thread and link it here, I'll help you

No, these are fees for standard txs. Segwit get a discount.

Btw, value transferred doesn't matter. You may transfer 1$ or 1mn $$$ . What's important is the size of the transaction in terms of bytes.

 Are trying to scan the QRcode for your electrum wallet seed?  Don't do that.
You have to view your addresses in Electrum, right click on them and view each one's private key separately.  Open the QRcode for it and scan it with the Bither wallet using the advanced options and
 then Import Private Key and then select From Private Key Text and scan it in.