Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3712.

1miau

legendary

Activity: 2226

Merit: 6947

Currently not much available - see my websitelink

Just leaving this here because it's impressive to see how the issuance rate of BTC will go down over time:

Recently, Bitcoin number 19,000,000 was mined and it's a huge milestone for Bitcoin.
Only 2M BTC are left until all 21,000,000 BTC will be mined, which will happen in 2140.

Even the next 1,000,000 BTC will only take 4 more years to be mined as calculated here:

Quote from: 1miau on April 03, 2022, 04:43:45 PM

Currently, there are issued around 900 BTC per day: 6 Blocks per hour (10 min per Block) = 6 * 6.25 = 37.5 BTC per hour = 37.5BTC/h * 24h = 900BTC per day
To mine 1 Million BTC at that rate (1.000.000BTC / 900BTC/day), we would need 1,111 days (3.04 years).

We have 2 years left until Block rewards are halved again, to 3,125 BTC per Block, so it would be 2 years in our current halving cycle + 2 years in the next halving cycle (which we need to double because rewards are halved).
So it will take 4 years until we have mined 20M BTC, which will happen in 2026.

So, for the last 1,000,000 BTC, it will take almost 120 years to be mined.

For the last Bitcoin, it's even more impressive:

The last Bitcoin will need more than 34 years to be mined. Yes, a single BTC will take 34 years to be mined!
It will start around 2106 and take until 2140 until the last BTC is mined.
That's a timespan larger than Bitcoin has existed so far. It's twice as long (Bitcoin has existed for 14 years now).
The last Bitcoin will take the same time than the first approx. 20,960,000 Bitcoins to be mined.

Here's a visualisation:

Of course, Miners will be rewarded by transaction fees by then.

But it's impressive to see how mining rewards will decrease.

Should we add a "r" to your name, or why are you downplaying war crimes all the time?

Quote from: Tash on April 03, 2022, 04:57:39 PM

Why are they lying about Ukraine?
https://www.youtube.com/watch?v=zzsf8O5e1Rk

Or are you 100% dense?
https://twitter.com/ViktoriiaUAH/status/1509985789404459011

Expert2022

member

Activity: 66

Merit: 13

Quote from: Toxic2040 on April 03, 2022, 11:07:24 AM

the morning wall report

bitcoin up in overnight trading to $46.6kish and has currently settled back to about $46.4kish on moderate Sunday volumes

dyor

1h

testing cloud cover and a moderate rejection noted after this screen
4h

stronghands

I see top line breakout in BTC chart If we succeed in 4 hours
We can see good movement.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Tash

sr. member

Activity: 1190

Merit: 305

Pro financial, medical liberty

Quote from: Arriemoller on April 03, 2022, 04:44:55 PM

Another massacre, this time in Irpin.

https://twitter.com/nexta_tv/status/1510576059984527361?s=20&t=38tNZHts6FWr3fP6dNGA6w

Why are they lying about Ukraine?
https://www.youtube.com/watch?v=zzsf8O5e1Rk

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Another massacre, this time in Irpin.

https://twitter.com/nexta_tv/status/1510576059984527361?s=20&t=38tNZHts6FWr3fP6dNGA6w

Tash

sr. member

Activity: 1190

Merit: 305

Pro financial, medical liberty

Quote from: savetherainforest on April 03, 2022, 03:13:12 PM

.....
-------------------------------

Quote from: Phil_S on April 03, 2022, 03:01:39 PM

Quote from: Tash on April 03, 2022, 10:39:38 AM

To funny the crap

That's some crazy shit.

*edit(): You can at least make it visible at least. Roll Eyes

.. Oh.. u can't, ~~link is not available anymore~~. Roll Eyes

.. Because it's a video of crows eating bodies on the side of the road. Huh

The zombie apocalypse, the death and link arise
https://imgur.com/vEdEy6x

Quote from: Arriemoller on April 03, 2022, 04:26:34 PM

”Former war crimes prosecutor Carla Del Ponte is urging the International Criminal Court to issue an international arrest warrant for Putin”

Putin a nominee for nobel prize in medicine for curing Covid

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Arriemoller on April 03, 2022, 04:26:34 PM

”Former war crimes prosecutor Carla Del Ponte is urging the International Criminal Court to issue an international arrest warrant for Putin”

Carla will be arrested and prosecuted by the International Criminal Court in Moscow. Many ukronazis will be prosecuted by this court as well.

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: NoorulHuda on April 03, 2022, 02:14:16 PM

63.15% of the Bitcoin supply has not moved in at least 1 year.
This is just 0.3% shy of an all-time high

The conclusion of this chart is that: With the passing of time, less & less BTCiTcoins will be in circulation and they will be basically help in storage or "in transit". And even more explained means that there will be less gambling quantity of coin on the exchanges to be gambled on. Or some might hold it in a smart contract in the future and as long as it is not moved, they will get paid collateral in some sort of credit on a monthly % basis to just do nothing and have the wallet stagnant. Roll Eyes

.. Morpheus was right, someday Neo won't have to spend his BTCiTcoin to profit from his holdings. Grin

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

”Former war crimes prosecutor Carla Del Ponte is urging the International Criminal Court to issue an international arrest warrant for Putin”

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: El duderino_ on April 03, 2022, 04:18:36 PM

I think you might be misinterpreting that picture.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Arriemoller on April 03, 2022, 12:36:51 PM

Glory to Ukraine

There is no such country anymore. This territory will be divided between Russia, Poland, and Hungary. RIP Ukraine.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Quote from: xhomerx10 on April 03, 2022, 09:40:20 AM

Quote from: Arriemoller on April 03, 2022, 08:31:57 AM

The Ukrainian army has retaken Tjernobyl, seven busses full of Russian soldiers from Tjernobyl have gone to hospitals in Belarus for radition checkup and treatment, apparently they dug foxholes in the red forest, one of the most contaminated places on earth.

How is this possible?! It's as if they had no idea about the tragedy of Chernobyl which was under their purview at the time the incident occurred. It's unbelievable.

I heard on the radio, the russians never learned about Chernobyl in school. Go figure.

Quote from: Wilhelm on April 03, 2022, 02:56:22 PM

Quote from: NoorulHuda on April 03, 2022, 02:14:16 PM

63.15% of the Bitcoin supply has not moved in at least 1 year.
This is just 0.3% shy of an all-time high

Interesting chart...

Do I see a relationship between more liquid coins and a price rise?
Do I see the rise to 60% get abruptly broken off due to COVID?
Do I see a recovery and rise to 60% again?

Basically I see the delay in Bitcoin due to COVID in this chart and it's recovery.
This is very bullish

So when we see the latest 63% drop we will be off to m00n Cool

More or less also my reasonings since after the covid dip, but now i see the matching curves the first time Cool

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: Arriemoller on April 03, 2022, 12:36:51 PM

Another Sunday
Here's to total victory
Glory to Ukraine

They should deploy 200 soldier commando spies with helicopters over the boarder. Of teams of 2 < > 5 and they should start stealing cars, clothes, food & stuff from rusians to get to all major cities all over Rusia with processing factories for oil & petroleum products and burn them to the ground. Blowing pipes after that in all major connections. Bring the Ruskies back to the stone age for what they did. Shocked

-------------------------------

Quote from: Phil_S on April 03, 2022, 03:01:39 PM

Quote from: Tash on April 03, 2022, 10:39:38 AM

To funny the crap

That's some crazy shit.

*edit(): You can at least make it visible at least. Roll Eyes

.. Oh.. u can't, ~~link is not available anymore~~. Roll Eyes

.. Because it's a video of crows eating bodies on the side of the road. Huh

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Phil_S

legendary

Activity: 2140

Merit: 1628

We choose to go to the moon

Quote from: Tash on April 03, 2022, 10:39:38 AM

To funny the crap
https://imgur.com/a/jnuBhuj

That's some crazy shit.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: NoorulHuda on April 03, 2022, 02:14:16 PM

63.15% of the Bitcoin supply has not moved in at least 1 year.
This is just 0.3% shy of an all-time high

Interesting chart...

Do I see a relationship between more liquid coins and a price rise?
Do I see the rise to 60% get abruptly broken off due to COVID?
Do I see a recovery and rise to 60% again?

Basically I see the delay in Bitcoin due to COVID in this chart and it's recovery.
This is very bullish

So when we see the latest 63% drop we will be off to m00n Cool

NoorulHuda

full member

Activity: 196

Merit: 270

63.15% of the Bitcoin supply has not moved in at least 1 year.
This is just 0.3% shy of an all-time high

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3712. (Read 26610701 times)