Bitcoin scarcity highlights: 19 million coins have been issued, how much further to the million-dollar target?

Question

【Crypto World】The supply cap of Bitcoin is written into the code—totaling 21 million coins, and over 19 million have already been mined. This number may seem like just a statistic, but it reflects an unchangeable fact: Bitcoin is gradually approaching its absolute scarcity threshold.

Industry insiders point out that this programmatic scarcity will have a profound impact on the global financial system. As fewer Bitcoin are available for mining, its status as a store of value may be further reinforced.

From a price perspective, the current Bitcoin trading price is around $95,250, with room for correction from the recent high of $97,950. Looking at a longer time horizon, some analysts believe Bitcoin could break through the $1 million mark between 2031 and 2033, or even earlier. Based on this logic, the average annual increase could reach about $150,000.

Whether such a prediction can be realized largely depends on whether the narrative of Bitcoin’s scarcity can continue to ferment, and whether global capital will continue to view it as a core asset for hedging inflation.

Degen4Breakfast · Accepted Answer

Buddy, I think the goal of a million dollars is a bit too ambitious... but there's no denying the scarcity aspect.

Breaking a million probably still requires several cycles, so it's a bit early to start hyping it now.

An annual average of 150,000 USD? How is that calculated? This data seems a bit off.

19 million tokens have already been issued, and the remaining ones will really become gold.

I believe in scarcity, but this price prediction... just listen to it, brother.

Wait, are you serious about reaching a million dollars by 2031?

Bro, if you go all in now, you should be having a great year.

If this comes true, those who have been bearish will be eating their words.

UnluckyMiner · Answer

1 million USD? Bro, your prediction is way too optimistic. If it keeps rising like this, I might go from miner to mining boss.

FancyResearchLab · Answer

Wait, an average annual increase of $150,000? How is this number calculated? I need to verify the code logic... It should be feasible in theory, right?

DevChive · Answer

One million dollars? Uh... do I have to wait that long? I think this wave of scarcity hype is a bit over the top. That said, the 2 million tokens haven't even been released yet, and the real test is still to come.

RebaseVictim · Answer

One million dollars? Dream on, let's first secure the current price.

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This set of scarcity rhetoric is tired; the key still depends on how regulators handle it.

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2031 to 2033? Haha, I probably won't wait that long, I'm pulling out now.

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What does 19 million tokens mean? It means I can never afford a whole one.

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Stop with these虚的 stuff. Now, the key is whether  will go up or down, that's what really matters.

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Programmatic scarcity sounds impressive, but the real scarcity is in my wallet.

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One million dollars... just listen, don't really believe it.

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An average of $15,000 per year? With this growth rate, I should have been rich long ago.

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Instead of studying the critical point, better keep an eye on that high point at @E5@.

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What does the突出个啥 of scarcity matter? Market sentiment is the real deciding factor, okay?

Bitcoin scarcity highlights: 19 million coins have been issued, how much further to the million-dollar target?

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