It's not news to anyone that the cryptocurrency market is volatile and unstable, but it's still captivating, especially for those who know a little about the subject and are interested in it.
And although there are several different cryptocurrencies, none reach the popularity of Bitcoins. For those who don't know, this currency has been around for 15 years and was created by Satoshi Nakamoto. But the last information show that, to date, 93% of all Bitcoins have already been mined and, as such, the question that now arises is whether this popular digital currency will soon come to an end in terms of its mining.
BUT: Bitcoin could be worth $100.000 by the end of 2024
All things considered, 93% of Bitcoins are equivalent to the amount of around 19.530.300 BTC. Considering that, currently, 1 BTC is worth 32.100 euros (about 28 million kwanzas), according to the CoinMarketCap, we are then talking about extremely high amounts.
When reading this information we may think that by the end of the year, for example, we will no longer have new Bitcoins, but the data revealed reassures the most fanatical, as it is indicated that there are still more than 100 years to go before this happens, because nowadays it is increasingly more difficult to mine the cryptocurrency and, therefore, the last Bitcoin is expected to be mined in 2140.
