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how much will bitcoin go up Bitcoin has a fixed maximum supply of 21 million coins, with nearly 19 million coins created. https://satoshitos.com/ is comparable to outstanding shares in the stock market. Bitcoin is not innocuous. Transactions are processed by “miners” using massive amounts of computing power in return for rewards in the form of Bitcoin. By some estimates, the Bitcoin network consumes as much energy as entire countries like Argentina and Norway, not to mention the mountains of electronic waste from specialized machines used for such mining operations that burn out rapidly. Bitcoin had slumped into the $30,000-to-$40,000 range again by late January, and that’s where it currently sits. Some analysts think it has further to go. Carol Alexander, professor of finance at the University of Sussex, told CNBC that she expects bitcoin to fall below $10,000. The volatility stems from what she views as bitcoin’s lack of intrinsic value, Alexander said.
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