80% of the maximum BTC supplied was mined

From the 21 million Bitcoins in existence, 17 million were mined. With just 4 million Bitcoins left to be mined, the value of Bitcoin should increase as the demand grows, with the offer being limited each year. In this moment, 1800 bitcoins are generated each day, thus Bitcoin having an annual inflation of about 4%. The next bitcoin halving will take place on May 2020. When that will happen, there will be less bitcoins sold by miners, and the market will see less sellers and more buyers, thus increasing its price. If the adoption of cryptocurrencies keep the increasing trend and there are no factors affecting the network, bitcoin price should moon once again.




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