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 see this as being who already have Bitcoin or are rich enough to buy hundreds of Bitcoin without giving it a second thought are all set. Everyone else is going to be less and less inclined towards buying what psychologically looks like microscopic amounts of cryptocurrency. New people to the scene are likely to go, do I want 10 Ethereum that has much more chance to go up in value or do I want a tenth of a Bitcoin which has bounced off a similar all time high in the last couple years with an already huge market cap that makes it harder to multiply substantially. Even then, lots of new investors might rather take a gamble on something like Dogecoin and own thousands instead, because it's all a gamble, right?