Re: $10,000 when?

Quote from: bellicose on December 11, 2014, 05:38:30 PM

1) Take a look "2012-11-28 15:24:38 UTC" - was first halving 50 -> 25

it was block #210,000 http://blockexplorer.com/block/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e

210,000 * 50 = 10,500,000 BTC was minted at this time. ( Half )

2) Next one will playing with quarter. Similarly.

* 25 -> 12.5
* There will be minted three quarters (3/4) of all possible BTC.

Things certainly grew rapidly in that time period. However there were a lot of factors other than the halving.
1. Bitcoin emerged in to the general public consciousness to a much greater degree.
2. China markets sprouted up and much speculation followed.
3. WillyBot.

The halving was likely a factor but I would say these factors were more of a driver.