Replying to Avatar Car44

But the per Bitcoin price is set at the exchange (theoretically all these Bitcoin are for sale, we will ignore silly people who store on exchange). That would make

1 quadrillion ÷ 3 million

= 333 Billion 👀

Someone explain to me why I am wrong!
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zhenya 2y ago

Because the number on exchange is not fixed. If bitcoin pumps or dumps that could change. Plus off exchange settlement brokers like unchained, fireblocks, ceffu, sfox let you buy and sell from a self custody wallet creates much noise to 3m figure.

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Car44 2y ago

I think we need Jeff Booth on this one!

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zhenya 2y ago

Something like everything goes to zero against bitcoin or You can’t measure price from within the broken system ha.