Post
Topic
Board Bitcoin Discussion
Re: If the price of bitcoin increases
by
FlightyPouch
on 06/06/2020, 23:40:39 UTC
It is actually 21M supply but the thing here is that there are those bitcoins lost so I think it is less than 21M now. Will it be still added? I don't think so, they will keep it the way it was since that is for the better of bitcoin. The less supply, the higher the demand and the higher the price. More inviting for investors.

Do not get this wrong, bitcoin total supply is 21 million and nothing can change that, the lost bitcoins will still be in circulation so far they are mined already, which means, they have suppied already.

Thanks for that explanation. I thought that if something was in hold, lost or forgotten are not included in the circulation. Well, that clears that up. But that lost and forgotten bitcoins in their wallet means that it could also affect the price positively, right? Thatis what I am going to.