19 Million BTC in two weeks' time, then by 2027, 95% of the 21 Million bitcoins' limit will be in circulation. Then it will take 113 years to issue the last 5%.
Almost all bitcoin would have been mined by 2030, I think 98% or something. Even with 95% mined, only 5% remaining to be introduced into supply by miners which will take over a century, bitcoin is very deflationary with its limited supply.Yeah, I don't know why people still bring 2140 into the discussion when it comes to the mining of new coins, by around middle 2032 99.2% of the coins would have been mined, with 0.1% being issued each year and that having as well.
Probably once this period is over we're going to see some real changes happening, right now the daily reward is at around $43 million (real fast blocks happening), imagine this being slashed in half, 600 million less on the markets in a month, ten times what Salvador has bought to date.
That sounds horrible.
19 Million US Dollar is already a large sum, not to mention Bitcoin in that quantity.
19 Million US Dollar is already a large sum, not to mention Bitcoin in that quantity.
Indeed, it's horrible, especially since you obviously didn't bother to understand it's about the number of total bitcoins mined to date, not the price per bitcoin nor the value of some coins or whatever you're imagining this is about.
