[sten]

there’s about 11m coins mined. 22m total will be mined.

the current market cap for all coins is roughly $1.5 billion.
bitcoins are hovering around $190 per coin recently

this is an Internet based currency available in all countries.

the question to ask yourself is... for a world wide currency, is $1.5 billion a lot? is $100 billion?

assuming civilization doesn’t completely collapse, and the probability of that is not 0%.... expect bitcoins to go up in value

[deadrock]

Who gets the $190 for the bitcoin.?

[Errant]

I see they just revised the numbers: 392,236,254 0.33% 13d 22hr 12m 56s (Only a .33% increase now).

Quite a difference! Still, I don't see how with all the ASIC miners coming online, the difficulty lever will not increase exponentially.

With Germany making BTCs legal tender and Canada installing BTC ATMs, one would think the value has to increase.

[Pilsner]

Bitcoins?

What is this obsession with bitten coins?