I'm wondering about the maximum potential value of Bitcoin. Is there a limit to how high it can go? What factors might influence this and what are the expert predictions on its peak price?
7 answers
Luca
Fri Nov 29 2024
Bitcoin has a maximum total supply of 21 million coins.
Daniele
Fri Nov 29 2024
These rounding mechanisms are necessary for the smooth functioning of the blockchain.
Carlo
Fri Nov 29 2024
This cap is a fundamental aspect of the cryptocurrency's design.
CryptoDynastyLord
Fri Nov 29 2024
Despite this limit, it is unlikely that the total number of Bitcoins issued will ever exactly reach 21 million.
Bianca
Fri Nov 29 2024
This is due to the use of rounding operators within the Bitcoin codebase.