Cryptocurrency Q&A
What is the total cap of the Bitcoin market?
What is the total cap of the Bitcoin market?
CryptoMystic
Tue Dec 24 2024
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5 answers
654
I'm interested in understanding the overall value of the Bitcoin market. Specifically, I want to know the total market capitalization of Bitcoin.
5 answers
Giuseppe
Thu Dec 26 2024
Bitcoin has a predefined maximum total supply of 21 million coins.
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KatanaBlade
Thu Dec 26 2024
This cap is intended to create scarcity and drive up the value of the cryptocurrency over time.
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SakuraBlooming
Thu Dec 26 2024
However, due to the use of rounding operators in the Bitcoin codebase, it is unlikely that the exact number of 21 million Bitcoins will ever be issued.
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Alessandra
Thu Dec 26 2024
These rounding operators are necessary for the smooth functioning of the Bitcoin network and ensure that transactions are processed efficiently.
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CryptoVanguard
Wed Dec 25 2024
Once the Bitcoin supply reaches its upper limit, no additional bitcoins will be generated. This means that the only way to acquire Bitcoin will be through mining existing blocks or purchasing it from someone else.
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