MIND BLOWING Bitcoin Stats #shorts

 

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Bitcoin is pretty mind blowing, even if you don’t fully understand it yet.

What makes Bitcoin so attractive for investors is its four year Halving Cycle that keeps $BTC deflationary. Meaning it will always increase in value as its supply goes down.

There will only be 21 million Bitcoin mined and put in circulation. Right now, there’s been 19.1 million Bitcoin that’s been produced in the last 13 years.

Here’s where Halving and cutting those supply numbers in half every four years comes in.

We have 1.9 million Bitcoin left to be mined. And thanks to Halving, that amount will take 118 more years to mine.

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MIND BLOWING Bitcoin Stats #shorts

StormGain Review

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Created by Sara Bauer and Richard Abermann

11 comments

  1. Deflationary as far as what you might call printing (block validation rewards), But this is only relative to 50 Bitcoin cut in half three times now…

    When the value of Bitcoin drops from almost 70,000 to below 20,000 that is inflationary within that time…

    The zero inflation will happen in 2140 at right around 21 million… Or really anytime the value goes up…

  2. early Bitcoin enthusiast Hal Finney indicated that the price in 2140 could be anywhere between $10m and $18m.”. ..

    I’m assuming that’s in today’s dollars… Or maybe 10 or more years ago…

    Robert Breedlove has predicted 12 and 1/2 million dollars but that it would be around 1 million in today’s value as to future inflation… Not remembering his timeline estimate for when this could occur…

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    4) Plus $500 Unlockables*

    If you already have Binance account and want this deal, you might be able to create a new one with different email address.

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