Quote from: mr angry on August 01, 2014, 12:45:44 AM

Quote from: Raystonn on August 01, 2014, 12:29:30 AM

Quote from: BittBurger on August 01, 2014, 12:20:06 AM

Quote from: Edward50 on January 03, 2012, 06:58:19 PM

4) 5,000-7000 new bitcoins come into existence every single day.

This is evidence that Bitcoin is doing quite well for its youth. Nearly $4 Million in new bitcoins flood the market *every day* and yet the price is stable.

That means demand is meeting supply. That means people are buying $4,000,000 worth in bitcoins every day, doesn't it?

When the next halving hits, that supply will be cut in half, and price should go up.

When is the next halving likely to hit, and how many Bitcoins will the block reward go down to?

http://bitcoinclock.com/

12.5BTC
Reward-Drop ETA: 2016-08-10 02:26:47 UTC (105 weeks, 5 days, 5 hours, 40 minutes)