Re: Can bitcoin quantity go down?

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 think you are reffering to the value of your btc alongside the value IN btc of your altcoins. thats why its flactuating

I see that too. Bitcoin and altcoin price can only fluctuate due to the forces of market demand and supply but not the quanty you have. For sure, if bitcoin is not in mr A's Wallet then in must have been sent to Mr B's Wallet. Bitcoin quantity cannot go down.

Yeah right everything is base on demand and supply not a quantity.. like blackhalving happens when our supply are reduce by half and now we have 12.5 btc rewards for every block that is why we are experiece of price increase