I'm wondering if bitcoin, the popular cryptocurrency, has the potential to reach a value of 20 million in the future. Could its price really skyrocket to such a high level?
7
answers
KimchiQueen
Sat Feb 08 2025
The evolution of
Bitcoin will inevitably lead to a pivotal moment.
Lucia
Sat Feb 08 2025
Once the limit of 21 million Bitcoins is reached, no new coins will be released into circulation.
Dario
Sat Feb 08 2025
This supply cap is a fundamental aspect of Bitcoin's design and ensures its scarcity.
GangnamGlitzGlamourGlory
Sat Feb 08 2025
The most immediate impact of this supply limit will likely be felt by Bitcoin miners.
Martino
Fri Feb 07 2025
As the reward for mining new blocks diminishes, miners may face increased competition and decreased profits.