Re: Hmm... is it time to crash BTC exchange rates yet?

If btc was limitless, then there would be no need for hoarding...

But it is limitless!...

You are wrong, it is limited and finite by issuing 21 million coins in its lifetime.

Quote

"Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free"

http://bitcoin.org/bitcoin.pdf

Halving of rewards occurs every 210,000 blocks being solved, see geometric equation:
http://bitcoin.stackexchange.com/questions/161/how-many-bitcoins-will-there-eventually-be

Yes, because we'll still be using Bitcoins in 2147. If we're not off this planet this century, I'm going back in time to tell the aliens not to bother.

Calling Tortoise and Achilles, there's a 3rd degree Zeno incomputence emergency in forum 121342. Zeno 3 forum 121342. Over.