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❕NEWS Who decides how many quantity of coin to be circulated?

Razor1911

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Since the bitcoin market is a free market. No body has the control over it. So manipulation is not a prior concern here. It's a wholly decentralized market, where you are among the people who decides the prices movement. But my doubt is about the quantity. We all know that bitcoin is not owned by anybody. It's totally anonymous who had created this sensational crypto and just left it all alone to grow to 60k usd.

If no body is controlling the coin, then who decides how many coin to be supplied and how many coin to be circulated in the market? There must be someone to control such things. Right?
 
Some or most coins are caped at a certain amount/# of coins and this is defined initially by the architects of the coin. On some coins there might be changes on the #, although I am not aware that ever happen to a major coin. By design there are always security measures to make the coin resilient again manipulation.
 
I think the sellers and miners are the ones that determines the supply ,if there are more sellers the supply would be high ,because bitcoin is controlled by demands and supply
 
I think the sellers and miners are the ones that determines the supply ,if there are more sellers the supply would be high ,because bitcoin is controlled by demands and supply
With BTC, the supply is limited to 21.000.000 Bitcoins by design. Whereas Ethereum does not have a hard cap at the moment, the supply is limited by the compute power used to mine new coins. The demand drives the price so sellers, holders and anybody using Eth pushing the price up and make it more interesting to mine.

I don't know which ETH 2 will have there I should read about this.
 
With BTC, the supply is limited to 21.000.000 Bitcoins by design. Whereas Ethereum does not have a hard cap at the moment, the supply is limited by the compute power used to mine new coins. The demand drives the price so sellers, holders and anybody using Eth pushing the price up and make it more interesting to mine.

I don't know which ETH 2 will have there I should read about this.
yes, ethereum and doge coin both have unlimited supply btw I think the market is not mature enough to the demand of crypto after suppling fulfilled ,do you have any idea abt it?
 
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Since the bitcoin market is a free market. No body has the control over it. So manipulation is not a prior concern here. It's a wholly decentralized market, where you are among the people who decides the prices movement. But my doubt is about the quantity. We all know that bitcoin is not owned by anybody. It's totally anonymous who had created this sensational crypto and just left it all alone to grow to 60k usd.

If no body is controlling the coin, then who decides how many coin to be supplied and how many coin to be circulated in the market? There must be someone to control such things. Right?
hink you better rrad some articles about the centralized and decentralized coins or token to understand the concept of supplying of them, as i told there are some coins which are in hand and manipulation of the owner or founder like XRP, in which we saw a complaint against lately and some other are totally clear from the day first, but if you still able to mine satoshi doesnt mean singly it would never end
 
I t

hink you better rrad some articles about the centralized and decentralized coins or token to understand the concept of supplying of them, as i told there are some coins which are in hand and manipulation of the owner or founder like XRP, in which we saw a complaint against lately and some other are totally clear from the day first, but if you still able to mine satoshi doesnt mean singly it would never end
That means XRP is not decentralized? If anyone can manipulate the interal system then surely it is not decentralized. They why we call it decentralized market. I think bitcoin developer somewhere have access too.
 
This questions is kinda noob or really a newbie question, and I would understand it if you barely know stuff about crypto but the supply is already predetermined by the developers of the coin depending on how they design the coin, if the coin is inflationary then maybe it has an unlimited supply, if it is deflationary then it has a hard cap on supply, scalability also plays a major factor here
 
This questions is kinda noob or really a newbie question, and I would understand it if you barely know stuff about crypto but the supply is already predetermined by the developers of the coin depending on how they design the coin, if the coin is inflationary then maybe it has an unlimited supply, if it is deflationary then it has a hard cap on supply, scalability also plays a major factor here
Yes I am actually very new to crypto world. I do transact with my crypto wallets often, but don't know about the background processes that is happening every moment. I need to have depth knowledge so that i can invest in these crypto.
 
Yes I am actually very new to crypto world. I do transact with my crypto wallets often, but don't know about the background processes that is happening every moment. I need to have depth knowledge so that i can invest in these crypto.
Actually if you are just investing there are different factors you must consider than the factors with transacting with your crypto wallet, as transacting deals with the system, the amount of miners, the amount of hash power in the system , the amount of traffic in the system. while in investing usually its price movements and the trends with it
 
The market cap is determined by the engineers/architects of the coin. It depends on how well they are able to produce a new unit of the coin and its something based on decisions
But the supply is already fixed. I am afraid that the total no. Of supply is already fixed to 21 million. And one day will come when every bitcoin will be mined. And that time no bitcoin will be available for further mining.
 

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