Bitcoin Facts

in bitcoin •  8 years ago 

Thank you friends and strangers for stopping by. I want to share a few facts about bitcoin with you. 

Bitcoin in United States Dollars =  $656.90 date: 7/27/2016

Did you know bitcoin was worth less than $0.05 cents July 2010, twenty times less than a dollar. Today bitcoin is over 600 times stronger than a United States dollar. Even after a major block-chain halving. 

Total Bitcoins to ever be produced:  21,000,000 

Bitcoin follows a very specific set of rules. Only 21 million bitcoins will ever be mined.

Total Bitcoins in circulation: 15,781,288

Of the 21 million bitcoins to be mined. 15.7 million have already been mined. Bitcoins are becoming more and more valuable by the minute.

Percentage of total Bitcoins mined: 75.15%

Now with the first 75% of bitcoins being mined the block-chain will start filling with value. There is no excess of bitcoins. Indeed the value added to the block chain in relation to coins being mined is staggering. That overload of value will directly affect bitcoins value. 

Total Bitcoins left to mine: 5,218,713

With the last 25% of the block chain left to mine Bitcoin will take its rightful place as the first world digital currency. Because of the recent bitcoin halving; increased value will be transferred to the price of bitcoin in relation the United States dollar. To those of you who have already acquired a bitcoin congratulations. For the new comers the time is right. Get in now, the future is just getting started.  2020 Jan 1 - $307,200 = Bitcoin 2030 Jan 1 - $322,122,547,200 = Bitcoin. 

"Too the Moon" - "Too the center of the earth"

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Very interesting, thanks

Interesting information. Thanks for sharing!