What is the total supply of bitcoins available in the market right now?
SoapyRainmakerNov 28, 2021 · 3 years ago3 answers
Can you please provide me with the current total supply of bitcoins available in the market? I'm curious to know the exact number and how it may impact the value of bitcoins.
3 answers
- Nov 28, 2021 · 3 years agoSure! As of now, the total supply of bitcoins available in the market is approximately 18.7 million. However, it's important to note that the maximum supply of bitcoins is capped at 21 million. This means that there are still around 2.3 million bitcoins yet to be mined. The total supply of bitcoins plays a crucial role in determining its value. With a limited supply and increasing demand, bitcoins have the potential to appreciate in value over time.
- Nov 28, 2021 · 3 years agoThe current total supply of bitcoins in the market is around 18.7 million. This number represents the total number of bitcoins that have been mined and are currently in circulation. It's worth mentioning that the rate at which new bitcoins are created decreases over time, following a predetermined schedule. This scarcity factor contributes to the value of bitcoins and makes them a sought-after digital asset.
- Nov 28, 2021 · 3 years agoAccording to the latest data, the total supply of bitcoins available in the market is approximately 18.7 million. However, it's important to remember that this number is constantly changing as new bitcoins are mined and added to the circulation. The total supply of bitcoins is limited to 21 million, and once this cap is reached, no new bitcoins will be created. This scarcity factor is one of the reasons why bitcoins are considered valuable and have gained significant attention in the financial world.
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