Quote from: Vladimir on October 02, 2012, 03:20:34 PM

Quote from: molecular on October 02, 2012, 03:03:03 PM

Quote from: Vladimir on October 02, 2012, 02:24:38 PM

Quote from: znort987 on August 05, 2012, 06:36:46 AM

I just ran a quick analysis on the blockchain.

Out of the 192386 blocks currently mined, very many of them
have a BTC 50 block reward that has never been spent.

To be exact, 41493 blocks have an unspent reward.

That is worth approximately BTC 2'074'650.00 (not counting fees).

That's 2 Million+ pristine coins hoarded, or about 20% of the BTC market cap.

Lots of smart people around here.

or: lots of extremely careless ones Wink

(although I doubt it)

nahh it is a nobrainer. Wink

like buying a call option (with say 10-20 years before expiration) or shares of a 5$ stock (with known dillution schedule) that has decent chances to go to 10 000$. and with no counterpart risks.

Just try to value Bitcoin like a stock. It easily worth 100-200$ right now.

I value a bitcoin the same way I value a stock - current market price:

about $12.50.

But I understand what you're getting at.