Bitcoin’s limited supply does not guarantee its price
Bitcoin’s limited supply does not guarantee its price
Bitcoin’s rules limit the issuance of new units.
Its familiar supply cap is approximately twenty-one million units.
That figure differs from the amount available to buy today.
Not every unit was issued simultaneously.
Issuance rewards decline under network rules.
Limited supply is only one side of pricing.
Demand can rise or fall too.
Scarcity therefore does not establish permanently rising prices.
Market prices can still fluctuate sharply.
Understanding supply rules does not predict demand.