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Berentsen and Schär
Figure 5
Bitcoins in Circulation: Scheduled to Converge to 21 Million Units
Bitcoins In Circulation (millions)
20
15
10
5
0
2010
2015
2020
2025
2030
2035
Figure 6
Market Price in U.S. Dollars (USD) for One Bitcoin Unit
Price (USD)
6,000
4,000
2,000
0
2010
2012
2014
2016
2018
SOURCE: Blockchain.info.
8
First Quarter 2018
Federal Reserve Bank of St. Louis REVIEW