Post
Topic
Board Bitcoin Discussion
Re: Today 7 Mio BTC - 1/3 finished
by
payb.tc
on 08/08/2011, 03:10:10 UTC
What's a Mio Bitcoin?

that was supposed to be short for million.  7 million bitcoins are now in circulation (minus those spilled)

so if there's approx 21,000 lost so far (just a rough guess based on various posts on this forum), then we need another 14000 coins to make it to the 1/3 circulating mark... two more days Smiley


System doesn't know the difference between lost coins and hoarded coins, so from the perspective of how long this is going to take, it's 1/3rd there

yep, just making a comment about the current amount in circulation (7m - 21k) vs the highest possible amount that can ever be in circulation (21m - 21k). One third of (21m - 21k) is exactly (7m - 7k), hence my saying we needed a further 14000 coins.