Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin quantity go down?
by
kryptqnick
on 04/10/2016, 18:03:32 UTC
I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

I don't understand a part about 'said coins'? What are these? As for quantity of Bitcoin, I think it is obvious that it is a preprogrammed number which equals 20 million. There can't be more. What about less? I gues if everybody stop mining them or something happens that makes mining impossible then we won't reach this number of btc.