/biz/ - Business & Finance

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Anonymous Thu Nov 30 22:33:19 2017 No.4693426 [Reply] [Original]

"The world of Bitcoin is in for quite a reality shock in about a year from now. As most people are well aware of, the amount of bitcoins being mined every day is much compared to a few years ago. What is even more intriguing is how the vast majority of BTC has been mined already. In January of 2018, 80% of all 21 million BTC will be mined and brought into circulation. A significant milestone that should not be overlooked by any means."

What affect would this logarithmic mining output have on valuation?

Also, many new user accounts on Coinbase and other exchanges were created during the thanksgiving holiday and helped to push the price up. Think this will happen again come Christmas?

> discuss

>>	Anonymous Thu Nov 30 22:56:28 2017 No.4693686 File: 343 KB, 640x877, 1510634583940.jpg [View same] [iqdb] [saucenao] [google] >>4693426 They only thing that is going to moon are the mining/network fees. Bitcoin is kill.

>>	Anonymous Thu Nov 30 23:00:34 2017 No.4693737 So, what happens when they are all mined?

>>	Anonymous Thu Nov 30 23:03:36 2017 No.4693784 >>4693737 A hardfork to increase the supply and hopefully pump up the price. BTC is a scam. There are no rules, there is only "consensus". And "consensus" of the rules that govern a 100 billion $ asset is extremely laughable.

>>	Anonymous Thu Nov 30 23:05:33 2017 No.4693809 File: 461 KB, 421x623, 1508529596900.png [View same] [iqdb] [saucenao] [google] >>4693686 >>4693737 >>4693784

>>	Anonymous Thu Nov 30 23:13:06 2017 No.4693899 >>4693686 >>4693784 >>4693737 It's over for bitcoin. How will it ever recover?

>>	Anonymous Thu Nov 30 23:15:29 2017 No.4693939 >>4693737 Miners get transaction fees.

>>	Anonymous Thu Nov 30 23:17:12 2017 No.4693956 >>4693939 not if everyone just sits on their stinky coins. It's not like anyone would actually pay for anything with BTC. >I'd like one. >Oh, and also I'd like to pay 20% extra, to impress the grils

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