80 Percent of the Total Bitcoin Supply Have Now Been Mined
This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enou...
Read more: news.bitcoin.com
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Cryptocurrency Market Suffers Another Major Correction as Bitcoin, Ether, Ripple Fall
The post Cryptocurrency Market Suffers Another Major Correction as Bitcoin, Ether, Ripple Fall appeared first on CCN
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BTC.com Lowers Bitcoin Transaction Costs Through Dynamic Fees and SegWit
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In econ we have the idea of substitutable goods. I think when the point where all the BTC is mined a couple things will have already happened. 1) People will realize BTC's technological inferiority as a store of value and will have adopted another token to be the premiere "digital gold" token. 2) The focus within the blockchain/cryptocurrency space will shift from a focus of "currency" or "medium of exchange" and expand on utility tokens and protocols like Ethereum, thereby minimizing the value of simple "digital gold" tokens like BTC.
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miners are now scrambling to mine that 20%
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how do you think about the price of btc earlier this month the price is getting down?
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Bitcoin is fuckd wheb all btc is mined
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awesome posts
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Bitcoin and other cryptocurrency price fluctuation is giving some concerned. I follow and upvote.
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That's crazy! Not much left! Here is to the next 20 percent! :)
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very nice information thanks for this
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Decay constant algorithms are very interesting, especially when it comes to algorithms that have a line of causality with energy consumption.
With only 20% of BTC left unmined, what will happen when only 1% is unmined?
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WOW!! Just think when all the coin are distributed. People will collect them just as memorabilia Lmao.
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thanks for sharing Good post @cryptonized Resteemed
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Thanks for the update , I did not realize it that high ,,
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