RE: ₿ Is Bitcoin Really Going Down? Mining Might Tell A Different Story

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₿ Is Bitcoin Really Going Down? Mining Might Tell A Different Story

in bitcoin •  7 years ago 

Like a bouncing ball never theoretically stops bouncing....bitcoin blocks will always produce some amount of bitcoin, however small. Simply because you cannot half any positive number and ever get 0 or a negative number.

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I thought that there was a total cap on Bitcoin at 21 million?

There is but you can never get an exact number for 21 million but it will be so close to 21 million that it be 21 million.

Because of half life. Got it.