Cryptocurrency Q&A
How much stock does bitcoin have?
How much stock does bitcoin have?
Lucia
Sun Jul 07 2024
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6 answers
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I've often heard discussions about the value and potential of Bitcoin, but one question that seems to be a bit of a mystery to me is: how much stock does Bitcoin actually have? I'm aware that Bitcoin is a decentralized digital currency, but does it have a finite supply? Is there a limit to the number of Bitcoins that can be created? If so, what is that limit? And how does this affect the value and potential of Bitcoin in the long run? I'm curious to understand the economic principles behind this question and how it shapes the cryptocurrency landscape.
6 answers
CryptoQueen
Tue Jul 09 2024
The current stock of Bitcoin stands at 18,847,331 BTC, accounting for 89.74% of the total supply.
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KpopStarlet
Tue Jul 09 2024
This figure represents a significant portion of the total Bitcoin available in circulation.
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Elena
Tue Jul 09 2024
The annual flow of Bitcoin is 328,500 BTC, indicating the amount of new coins being added to the network through mining.
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CryptoChieftain
Tue Jul 09 2024
The stock value changes periodically, approximately every 10 minutes, as new blocks are mined and added to the blockchain.
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SsangyongSpiritedStrengthCourage
Mon Jul 08 2024
Utilizing the stock/flow ratio formula, we obtain a ratio of 57.374 by dividing the current stock of 18,847,331 BTC by the annual flow of 328,500 BTC.
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