Good day everyone,I always wanted to make thread on this (21million Bitcoin in existence)but don't know if it was discussed before,however it depends on how everyone might view it in different perspective,to me I understood that the 21Million seems to the total number of Bitcoin going to be in existence from my research,so I wandered how?....For instance if the investor's eventually purchase them all(if possible)and all the bitcoin miners have mined the 21M finish,does that mean bitcoin is going to be scarce ?
Technically, last Bitcoin could be mined around 2140, so I don't know if we are still here. However, we really don't need to wait for that, as maybe in the next 3-4 halvings, almost all Bitcoin could have been mined, 99% for it or around 20 million BTC. Currently, it stands at around 19,788. So it will really be scarce in the next decade or so and obviously, based on supply and demand, price could really spike and we could only imagine what will be the price.
So as a investors, it's obvious that we should really go long term here. If you are not familiar with DCA method then used that to buy and then HODL for as long as you can because the price is going to increase in the future.
"Look for the bigger picture".