Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Responsibility2nd

There are a total of 1,850,000 available Bitcoins on all the Exchanges. This includes centralized and decentralized.

Over 10,000 coins are being purchased daily by the ETFs alone. Then you have companies like Micro Strategy and AARK investments buying a lot of Bitcoins. In addition, you have countries like El Salvador, Argentina and United Arab Emirates buying Bitcoins.

Currently there are 900 Bitcoins that are awarded daily to miners, but after April 20th it will be 450.

You can do the math and see it will run out by June/July time period or sooner. Then what do you think will happen to the price of Bitcoin when it’s no longer easily available?


31 posted on 03/04/2024 1:12:00 PM PST by Enlightened1
[ Post Reply | Private Reply | To 24 | View Replies ]


To: Enlightened1

Cool. I’m going to hold. If not buy even more now.


34 posted on 03/04/2024 1:27:00 PM PST by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
[ Post Reply | Private Reply | To 31 | View Replies ]

To: Enlightened1

When it runs dry, 269k initially and Million USD with 18 months.


37 posted on 03/04/2024 1:28:39 PM PST by Jumper
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson