What was the quantity of bitcoins in 2017?
Kuznicki DerricottDec 27, 2021 · 3 years ago3 answers
Can you tell me the total number of bitcoins that were in circulation in the year 2017? I'm curious to know the exact quantity during that time.
3 answers
- Dec 27, 2021 · 3 years agoIn 2017, the total number of bitcoins in circulation reached approximately 16.8 million. This number represents the total supply of bitcoins that were mined and available for trading during that year. It's important to note that the maximum supply of bitcoins is capped at 21 million, and the remaining bitcoins will be gradually released through mining rewards until the year 2140.
- Dec 27, 2021 · 3 years agoBack in 2017, there were around 16.8 million bitcoins floating around. That's a pretty hefty number, considering the fact that the maximum supply is set at 21 million. It's crazy to think that there are only a few million bitcoins left to be mined. The scarcity of bitcoins is one of the factors that contribute to its value and popularity.
- Dec 27, 2021 · 3 years agoAccording to historical data, the total number of bitcoins in circulation in 2017 was approximately 16.8 million. This figure represents the cumulative amount of bitcoins that were mined and traded up until that year. It's worth mentioning that the exact number may vary slightly due to factors such as lost or inaccessible bitcoins. Nonetheless, it gives us a good estimate of the quantity of bitcoins in circulation during that time.
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