Cryptocurrency Q&A
What is the circulating supply of bitcoin?
What is the circulating supply of bitcoin?
MountFujiMystic
Fri Jul 12 2024
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7 answers
1594
As a keen observer of the cryptocurrency market, I'm curious to know the circulating supply of Bitcoin. Could you elaborate on what this metric represents and how it impacts the overall value and liquidity of the digital currency? Understanding the circulating supply is crucial in assessing the scarcity and potential appreciation of Bitcoin, given its limited supply cap. Additionally, how does the circulating supply compare to the total supply, and what factors influence its fluctuation? Your insights would be invaluable in guiding my investment decisions in the crypto space.
7 answers
Moonshadow
Sun Jul 14 2024
Comprehending the circulating supply of Bitcoin necessitates a journey back to its genesis.
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henry_taylor_architect
Sun Jul 14 2024
At its inception in 2009, Bitcoin was designed with a unique supply mechanism.
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Elena
Sat Jul 13 2024
This rate gradually decreases as more tokens are mined, following a predetermined halving schedule.
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Stefano
Sat Jul 13 2024
This mechanism ensures that the total number of Bitcoin tokens is fixed and predetermined.
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RobertJohnson
Sat Jul 13 2024
Central to this design is the mining process, where miners are rewarded with new BTC tokens for verifying transactions on the blockchain.
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