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    Anyway to calculate the number of feathercoins say 2 years 5 years from now?

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    • A
      atlantik last edited by

      Accordingly, 576 blocks/day = 115200 FTC/day as long as the mining continues. Hence as of Jan 2018, number of FTCs will be (approx. 168.192.000 + number of FTCs now (26.782.800)). Totally=194.974.800.

      Note: FTC mining generates 27158 $/day as 19.12.2013 @ BTC-E rate.

      I think the further and more important ;) question is: What’s your guess of the price per FTC as Jan 2014, June 2014, 2015, etc…?

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      • Wellenreiter
        Wellenreiter Moderators last edited by

        [quote name=“atlantik” post=“46072” timestamp=“1387438264”]
        Accordingly, 576 blocks/day = 115200 FTC/day as long as the mining continues. Hence as of Jan 2018, number of FTCs will be (approx. 168.192.000 + number of FTCs now (26.782.800)). Totally=194.974.800.

        Note: FTC mining generates 27158 $/day as 19.12.2013 @ BTC-E rate.

        I think the further and more important ;) question is: What’s your guess of the price per FTC as Jan 2014, June 2014, 2015, etc…?
        [/quote]

        Just a little mistake in your calculation.

        [b][i]Block reward halves every 840,000 blocks [/i][/b] (taken from the ‘about’ page in the forum)
        That is also the reason, that the total number of feathercoins mined ever is limited.

        Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
        Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

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        • D
          dmrkrc last edited by

          when does it halve after 840.000?

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          • A
            acpacheco last edited by

            Let’s hope to see something realistic like: Jan 14: $0.55
            June 14: $1.67
            Jan 15: $3.20

            I am probably way off the mark but hey that’s my guess. Even though 2014 is going to be a huge year for Bitcoin and in turn the alternative, alternative coins! With Feathercoin becoming prevalent who knows what the price will be in jan15 or whenever. I will be watching this space though for sure.

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            • ?
              A Former User last edited by

              [quote name=“acpacheco” post=“46140” timestamp=“1387455705”]
              Let’s hope to see something realistic like: Jan 14: $0.55
              June 14: $1.67
              Jan 15: $3.20

              I am probably way off the mark but hey that’s my guess. Even though 2014 is going to be a huge year for Bitcoin and in turn the alternative, alternative coins! With Feathercoin becoming prevalent who knows what the price will be in jan15 or whenever. I will be watching this space though for sure.
              [/quote]

              I hate speculating… did it for a few weeks then got over it, but if i was to guess, we’ve all ready seen a dollar a ftc…

              Jan 14: $0.90
              June 14: $3.00
              Jan 15: $10.00

              One day I’ll look back on this post and see how very wrong I was.

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              • A
                atlantik last edited by

                [quote name=“dmrkrc” post=“46112” timestamp=“1387451446”]
                when does it halve after 840.000?
                [/quote]

                According to what Wellenreiter has written, it will be halved 4 years later.

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                • Wellenreiter
                  Wellenreiter Moderators last edited by

                  As we are at block 134057 currently, I calculated that we will reach block 840000 in about 3 years and 4 month from today :)

                  Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
                  Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

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                  • A
                    atlantik last edited by

                    [quote name=“Wellenreiter” post=“46151” timestamp=“1387457783”]
                    As we are at block 134057 currently, I calculated that we will reach block 840000 in about 3 years and 4 month from today :)
                    [/quote]

                    German precision :) Thanks.

                    Equivalently 4 years-(FTC start date) ~ 3.25 years

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                    • Wellenreiter
                      Wellenreiter Moderators last edited by

                      missed the day/hour/minute part 8)

                      Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
                      Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

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                      • A
                        atlantik last edited by

                        [quote name=“Wellenreiter” post=“46154” timestamp=“1387459942”]
                        missed the day/hour/minute part 8)
                        [/quote]
                        ;D

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