HIVE Digital Technologies Ltd. V.HIVE

Circulating supply

[greendaze]

As I've said , is increasing in volume and the limit on coin creation is getting closer , faster . Again . Is that a good or bad thing . 

Bitcoin is like digital gold in many ways. Like gold, bitcoin cannot simply be created arbitrarily; it requires work to "extract". While gold must be extracted from the physical earth, bitcoin must be "mined" via computational means.

 

Bitcoin also has a stipulation—set forth in its source code—that it must have a limited and finite supply. For this reason, there will only ever be 21 million bitcoins ever produced. On average, these bitcoins are introduced to the bitcoin supply at a fixed rate of one block every ten minutes. In addition, the amount of bitcoin released in each of these aforementioned blocks is reduced by 50% every four years.

[greendaze]

Last time I made this query , crickets . And there were sixteen thousand fewer coins . As of this writing there are 18,616,662 coins in existence . 

[greendaze]

Okay ,crickets . I like that Frank imagines that bitcoins will be like Andy Worhal paintings after the limit is reached . Collectables. 

[Bac0n]

do you know what year the final bitcoin gets mined? because I do.  2140 so if you're long on HIVE for 120 years. Your great grandson will really cash in if Frank's right!  *sips scotch*  -Bac0n  

[greendaze]

Show your receipts and stop making things up . The truth is far more interesting than are falsehoods . Til I posted you didn't even know what the circulating supply was and were  trying to be deceptive about that too . Read more and post less . 

[Bac0n]

you are so smart bro, I bet you get all the girls -Bac0n

[Micster1]

Bacon you are such an immature idiot, as usual you where wrong on todays perdiction on Bitcoin, ETH and Hive. You and your mom have agood evening watching Ellen.

[Bac0n]

lol SP is $2.70 and this guy is talking like he's not down big. Hilarious  The bag holders don't even know they are bag holders. You can't make this sh!t up. LOL -AlphaJ