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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,916.58
(
1.00%
)
Post# of 57991
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anon13333

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anon13333

Re: GOLDMAN STACKS post# 23320

Sunday, 06/22/2014 3:18:21 PM

Sunday, June 22, 2014 3:18:21 PM

Post# of 57991
I am not sure I understand your comment. Are you saying 21 million is a bad thing? To me, 21 million is one of the reasons why I got into BTC. This means they are scarce. Scarcity will be an ingredient that will allow BTC to increase in value. Do you realize that BTC can go to 10,000 or 100,000 each?BTW, it will take 140 years to mine 21M BTC.

For comparison, there were 829 billion dollars in circulation as of December 2007.
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