How many bitcoins are there in the world?
Beasley FrenchDec 26, 2021 · 4 years ago3 answers
Can you tell me the total number of bitcoins that exist in the world? I'm curious to know the exact figure and how it affects the cryptocurrency market.
3 answers
- denverskillJun 30, 2024 · a year agoSure! As of now, there are approximately 18.7 million bitcoins in circulation. The total supply of bitcoins is capped at 21 million, which means there are only a few million left to be mined. This limited supply is one of the reasons why bitcoin is often considered a store of value, similar to gold. The scarcity of bitcoins contributes to its price volatility and makes it an attractive investment option for many.
- sacApr 26, 2022 · 3 years agoWell, the exact number of bitcoins in the world is constantly changing due to mining activities and transactions. However, as of today, there are around 18.7 million bitcoins in circulation. It's important to note that the total supply of bitcoins is fixed at 21 million, and no more bitcoins can be created beyond that limit. This scarcity factor plays a significant role in determining the value of bitcoin and its potential as a digital asset.
- Jyoti MandalOct 10, 2024 · 9 months agoAccording to the latest data, there are approximately 18.7 million bitcoins in circulation. However, it's important to understand that the total supply of bitcoins is capped at 21 million. This means that once all the bitcoins have been mined, no new bitcoins will be created. The limited supply and increasing demand for bitcoins contribute to its value and make it a sought-after digital currency. At BYDFi, we believe in the potential of bitcoin and provide a secure platform for users to trade and invest in cryptocurrencies.
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