Part 3/8:
Understanding this is essential: when the price of Bitcoin is high, fewer individuals are inclined to purchase it; conversely, when the price drops, demand typically increases as more buyers enter the market.
The Supply Side of Bitcoin
When Bitcoin was first launched in 2009, its supply was effectively zero. However, every time a block was mined and added to the blockchain, new Bitcoins were introduced into circulation. Currently, approximately 19 million BSV are in circulation, and by 2140, it is projected that all 21 million Bitcoins will have been released.