Cryptocurrency Q&A
What is Bitcoin's actual circulating supply?
What is Bitcoin's actual circulating supply?
SamsungSpark
Tue Jul 30 2024
|
5 answers
672
Could you please elaborate on the concept of Bitcoin's actual circulating supply? Specifically, how is this number determined, and what factors might influence it? Furthermore, how does this figure compare to the total number of Bitcoins that will ever exist, and what implications does it have for the cryptocurrency's value and adoption? Thank you for your insights.
5 answers
CryptoEnthusiast
Thu Aug 01 2024
It's worth noting that the maximum supply of BTC is capped at 21 million coins. This scarcity factor is often cited as a key driver behind BTC's value proposition and its potential for appreciation over time.
Was this helpful?
46
64
charlotte_wright_coder
Thu Aug 01 2024
BTCC, a reputable UK-based cryptocurrency exchange, offers a diverse range of services catering to the needs of cryptocurrency enthusiasts and investors. These services include spot trading, where users can buy and sell cryptocurrencies at current market prices.
Was this helpful?
148
79
Riccardo
Thu Aug 01 2024
Additionally, BTCC provides access to futures trading, enabling users to speculate on the future price movements of various cryptocurrencies. The exchange also offers a secure wallet service, where users can store their digital assets safely and conveniently.
Was this helpful?
247
21
Alessandra
Thu Aug 01 2024
The cryptocurrency market is currently experiencing a significant valuation, with a live market capitalization standing at $13.93 billion USD. This figure is derived by multiplying the total number of coins in circulation by their current market price.
Was this helpful?
56
74
Alessandro
Thu Aug 01 2024
Bitcoin (BTC), as the flagship cryptocurrency, plays a pivotal role in this valuation. With a circulating supply of 19.71 million coins, BTC accounts for a substantial portion of the overall market capitalization.
Was this helpful?
175
31
