As cryptocurrency continues to evolve, one digital asset stands out above the rest: Bitcoin. The potential for Bitcoin to reach astronomical values — some even predicting $100 million per coin — has captured the attention of investors and enthusiasts alike. In this article, we’ll explore the factors fueling this remarkable projection and how you can get involved in the world of cryptocurrency trading.
Fixed Supply
Bitcoin’s most defining feature is its fixed supply of 21 million coins. This scarcity differentiates it from traditional assets such as stocks, gold, or real estate, which can be printed or created in greater quantities. As demand for Bitcoin continues to rise, its limited availability makes it a highly coveted asset.
The Impact of Lost Bitcoins
Estimates suggest that between 3 to 7 million Bitcoins are permanently lost, whether due to forgotten passwords or misplaced hardware wallets. This reduction in the circulating supply enhances Bitcoin’s value, as fewer coins are available for new investors.
