Too Many Bitcoins: Making Sense of Exaggerated Inventory Claims
The total number of bitcoins in claimed ownership is greater than the total mined so far. How is this possible?
Last updated on Jan 15, 2016 at 00:52 GMT. Based on the following values:
| USD | |
|---|---|
| Bitstamp | $427.82 |
| OKCoin | $428.15 |
| Coinbase | $428.41 |
| Bitfinex | $427.58 |
| itBit | $428.61 |
| CNY | |
| BTC China | ¥2,819.52 |
| OKCoin | ¥2,819.14 |
| Huobi | ¥2,822.65 |
Educator, Researcher and Author of "Great Wall of Numbers: Business Opportunities and Challenges in China".
The total number of bitcoins in claimed ownership is greater than the total mined so far. How is this possible?
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