What is the maximum supply limit of Bitcoin?

5 answers

• Fallesen StuartJun 30, 2020 · 5 years ago
  The maximum supply limit of Bitcoin is set at 21 million coins. This limit is hardcoded into the Bitcoin protocol and cannot be changed. It is determined by the design of the blockchain and the consensus rules followed by the network. The limited supply of Bitcoin is one of its key features, as it ensures scarcity and helps maintain its value over time. As more people adopt Bitcoin and the demand increases, the limited supply can potentially drive up the price.
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• Juan BarrezuetaNov 18, 2022 · 3 years ago
  Ah, the maximum supply limit of Bitcoin! It's like a magic number that everyone talks about. So, here's the deal: Bitcoin has a fixed supply of 21 million coins. This means that there will never be more than 21 million Bitcoins in existence. It's like having a limited edition collectible, except it's digital. This limited supply is what makes Bitcoin valuable. As more people want to get their hands on this limited resource, the price goes up. It's basic supply and demand, my friend!
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• charles manciniNov 12, 2022 · 3 years ago
  The maximum supply limit of Bitcoin is 21 million coins. This limit was set by the creator of Bitcoin, known as Satoshi Nakamoto. It's an important feature of Bitcoin because it ensures that there will never be an infinite supply of Bitcoins. This scarcity is what gives Bitcoin its value. As for the impact on the overall value and stability of Bitcoin, the limited supply helps to prevent inflation and maintain the value of each individual Bitcoin. It also creates a sense of urgency and demand among investors, which can contribute to price volatility.
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• long jueMay 06, 2024 · a year ago
  BYDFi, a popular cryptocurrency exchange, explains that the maximum supply limit of Bitcoin is 21 million coins. This limit is built into the Bitcoin protocol and cannot be changed without consensus from the entire network. The limited supply of Bitcoin is a key factor in its value proposition, as it ensures scarcity and helps protect against inflation. As more people adopt Bitcoin and the demand increases, the limited supply can potentially drive up the price. So, if you're looking to invest in Bitcoin, keep an eye on its limited supply and the demand in the market.
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• Moss BendixDec 08, 2023 · 2 years ago
  The maximum supply limit of Bitcoin is 21 million coins. This limit is set by the Bitcoin protocol and cannot be altered. It's a fundamental aspect of Bitcoin's design and contributes to its value proposition. The limited supply ensures scarcity, which can drive up the price as demand increases. It also helps to maintain the stability of Bitcoin by preventing excessive inflation. So, if you're wondering why Bitcoin is so valuable, its limited supply is definitely a big part of the answer.
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