Post
Topic
Board Bitcoin Discussion
Re: 90% is already there, only 10% is left
by
ChiBitCTy
on 15/12/2021, 19:09:41 UTC
On December 13, 2021, 90% of the total Bitcoin supply was mined.

It took 12 years for 18.899 million units of the main digital currency on the market to be extracted. However, the remaining 10% should take around 100 years to enter into circulation.

From 90% already in circulation, about 3.7 million Bitcoins are reported as "lost", due to users losing their password or the death of the holders.

Do you think it will be now that Bitcoin starts to appreciate even more?
What are your prospects for the next few years with regard to Bitcoin?

I absolutely expect bitcoin to continue to appreciate over the course of time, of course ..but what is really going to drive up the price is when people begin to realize how scarce bitcoin truly is.  I work in finance and have been asked about bitcoin from my clients more than ever this year, especially of late.  The are mostly always clueless, and one thing I am certain they have no idea about it how scarce it truly is when.  People will start to panic buy when the realize this in my opinion.