why only 21 million bitcoins?

Can 1 Bitcoin make you a millionaire?
While it may be difficult, theoretically, one bitcoin can eventually make you a Millionaire. The value of bitcoins changes regularly, sometimes quickly. So if you buy or mine $10 in bitcoins, then trade them for $1000 because the value increased, you will have made $990. Feb 24, 2020
Full answer in: www.andysowards.com
Why did Satoshi choose 21 million?
21 million was an educated guess
“I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard. ... “If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies. Jul 8, 2019
Full answer in: thenextweb.com
Why is Bitcoin decreasing in value?
1. Funding stress. ... As such, there was always the risk of funding reset. The price drop has liquidated over $300 million worth of bitcoin long positions so far today, according to data source Coinalyze – that's roughly 30% of the total long liquidations of $1.33 billion observed in the crypto market. Feb 15, 2021
Full answer in: www.coindesk.com
Why will there be only 21 million Bitcoins?
Bitcoin also has a stipulation—set forth in its source code—that it must have a limited and finite supply. For this reason, there will only ever be 21 million bitcoins ever produced. On average, these bitcoins are introduced to the bitcoin supply at a fixed rate of one block every ten minutes.
Full answer in: www.investopedia.com