Quote from: RodeoX on March 20, 2018, 08:17:53 PM

Quote from: pawanjain on March 22, 2017, 04:50:25 AM

I am not sure that this section is right to post my thread .
my question is :
since it was already fixed by the bitcoin owner network that 21 millions bitcoin can exist in the whole internet
But now I heard that now the mining of the bitcoin will be unlimited , I mean unlimited bitcoin will generate by the bitcoin network .
If this is real news then the value of the bitcoin will go down speedly
It is because the supply is unlimited so it is simple to say that bitcoin price will no more increase rapidly ., so no more profit

what's your thought guys Huh

Unlimited production? No, that is incorrect. If it were true you would be right, but there will be almost, but not quite, 21 million bitcoins produced.

Then how much the approximately total amount of bitcoin overall? I guess bitcoin now less than that 21 million supply there is some lost bitcoin that unclaimable due to lost private key or even dead owner that no one knows how to claim. Another factor that bitcoin lessen real amount is just they are many holders now that who trust bitcoin.