Post
Topic
Board Bitcoin Discussion
Re: When will Bitcoin mining go from 7200 bitcoins a day to 3600 a day?
by
FreeMoney
on 18/09/2011, 00:53:15 UTC
Block 210000.

That's in 64.3k blocks, so at 6*24 = 144 blocks/day, we'll be there in about 450 days or ~15 months.

So December 2012 is a accurate estimation then.

Lol, coincidence, I think not.

If you google it you will see that most people quote different months. That is a LOL

Have you lost fiat money on Bitcoins?

I got rid of (most of) my fiat if that's what you mean. But I don't think it was 'lost'.

So you are (almost) fully invested in BTC? If so, what do you think of the last months downturn? When will it return up?

I have some gold so that if bitcoin is somehow destroyed I don't have to get a job the same month. Cash is just something I need to convert to for a little while it isn't any kind of investment. I got rid of my IRA that held mutual funds a while back, I don't have any "in system" assets now.

At $15 I thought it was about to go up. At $11 I was pretty sure it was time. At $8 I knew we were at the bottom. And now I glad to say that I'm positive the lows are in, for whatever that's worth.

At these levels I'd like a little bit of leverage. Some $10 NOV options from a trustworthy source would be a great investment imo.