Bitcoin Deflation - What is Bitcoin total supply limit and how it affects price predictions?
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In this video I'm going to explain what is bitcoin total supply limit and what is Bitcoin deflation, and tell you why I think the BTC price is going higher over the long run. Overall, bitcoin total supply is 21 million coins while 19 of them were already mined. In addition, around third of the overall supply was lost for good. At the same time, a larger and larger percentage of the overall population and business start to adopt Bitcoin. Therefore, the demand increases while the supply decreases. The inevitable result is that the BTC price will go higher. In next videos we will talk about bitcoin price predictions, bitcoin news and more.
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