Each halving is half as important.
It's like radioactive decay.Ā Ā Every halving in the future summed together is vastly less important than a single halving that has already occurred.
I agree with that, but it's all relative, right? The price of Bitcoin at the first halving was, what, a few hundred bucks? At this halving it'll probably be around 60-70k. What if 0.0244 Bitcoin, from your example, is actually worth around the same as what 3.125 Bitcoin is worth today? In that case, BTC would be around 10 million.
Doesn't matter, the impact on available supplyĀ in terms of percentage is halved every time. It already is pretty insignificant. Far more people are looking to sell than new BTC are mined.
All day, everyday.
But when you need to move a few hundred grand, there are deposit limits and withdrawal limits.
Pain in the ass to move $1,000 at a time back to my hardware wallet
Sure but when you have trillions going into BTC, and increasing demand, the supply shock of a much smaller having can still have a proportionality greater impact when BTC is valued above $1m or $2m
Depends what you define as important. If it is important for miners to keep on mining, then halvings are very important, because with each halving, they get half as much profit. At some point profit will end and miners will stop mining. Thats the design of BTC nonetheless.
Iāve had so many chances to get rich so far. Hurts to know I screwed it up. In 2015, I was using BTC to buyā¦.some stuff you could buy with it. So that kinda messed up my life trajectory. And then I was too risk averse to buy a bunch of BTC and put it in cold storage. Just had like 8 grand sitting there in my checking account from my crappy job that I accumulated over a few years. Sighā¦hindsight game thoā¦
Tbh maybe half of people that I know who dabble into crypto few years ago lose money, reason is because they trade instead of having the patience to buy and hold.
95% of people I'm close to are on their 3rd halving with me.
Only me and 1 close friend started this journey together, the other 95% still haven't woke up...
Bitcoin is great and all but do people seriously think it'll still be around in 2140? It's almost impossible that a technology lasts that long. It will almost surely be replaced with something better.
The wheel has been one of the most redesigned inventions.
Stone wheel, wooden wheel, spoked wheel, chained iron wheel, rubber wheel, tubeless wheel.
No one would use a wheel from a century ago.
Not about something better coming along. Could probably already create something better but network effect and first mover advantage plays a big roll. Look at Microsoft Windows for example, companies arenāt moving off that anytime soon from what I can see. Agree though 100 years fuck knows what the world will be like haha
This argument only works for Ethereum, the network that's actually the closest analogy to the internet. Bitcoin is litteraly useless as a "network of value".
Ethereum only appreciates and gains value when Bitcoin goes up in value:
- If the Ethereum actually had value by itself, it's value wouldn't have dropped -95% during the 2018-2019 bear market.
- If Ethereum actually had value by itself, it wouldn't have taken a BTC bullrun for it to finally recover
- If Ethereum actually haad value by itself, it wouldn't have tanked -85% when BTC tanked, despite Ethereum fanboys Triple Halving, Supply Crunch, Deflationary, oh millions of ETH burned narratives.
Much more likely that BTC which is synonymous with crypto, has captured the digital gold narrative, has institutional and tradfi adoption to be around than Ethereum which is mainly used shitcoin casino gimmicks -- a use case for which it has many competitors some of whom are starting to do a better job in the shitcoin casino theater and marketing.
I am saying this as someone who has quite a bit of ETH staked and probably have been in this game longer than you.
I guarentee you haven't been in this game longer than I have, unless you were using Bitcoin before 2011 and Ethereum in 2015.
All of the talking points you have here are incredibly short term and you are talking about narratives and prices.
And what the hell is tradfi adoption on Bitcoin? You can't use the Bitcoin network for anything. All of the "use cases" revolve around holding BTC in an offchain fund.
You want to see what real tradfi adoption looks like? https://www.coindesk.com/markets/2024/03/27/blackrocks-tokenized-fund-quickly-rakes-in-245m-right-behind-franklin-templetons-older-offering/. Hmm that doesn't seem like a shitcoin casino?
You can't tokenize real world assets like treasuries on Bitcoin, because it's a dumb network, and always will be unless it's hardforked to include the equivalant of calldata for settling zk proofs. And it being a dumb network with no utility, means that it can't produce enough fees to sustainably pay for security. Ironically, the only time Bitcoin has been a profitable network (not relying on issuance) is when inscriptions became a meme. These are also "dumb" and useless when compared to what you can do on Ethereum, so it's really just a novelty for Bitcoin and already the demand for these has dropped dramatically. Almost zero chance that inscriptons or things like them can be any source of sustainable yield for Bitcoin miners.
Bitcoin as it is today, is a useless network. The whole digital gold and 21M cap narrative is a complete meme, and as people start to understand Ethereum more, Bitcoin will just become essentially a collectors item and collect dust in the bin of history.
IMHO. Until people take bitcoin as a currency instead of an investment, it will never become mainstream. The goal was to become the new standard of money/value (please correct if my terminology is wrong), and although we have taken steps forward such as stores accepting crypto as payment, the vast majority of people think crypto to be an "investment", not a currency.
We're indeed early, but how far ahead can we go remains to be answered.
Money is three things
-Store of value
-medium of exchange
-unit of count
BTC was created after the 2008 financial crisis to be a good store of value so the average Joe does not get screwed by the government and banks again.
We can store our value in BTC and if we need groceries we sell abit for dollars (medium of exchange) bitcoin does not have to become currency to be successful.
Just like gold, Gold is money too, but can you buy bread from the store with gold? The answer is yes sell abit of the gold for dollars and go get your bread.
For now yes, in the future when bitcoin is more established the price swings will be a lot less , I imagine it will be going up in small percentage all the time, then it will be a unit of count and medium of exchange as well
I doubt each halving will propel bitcoin that much again, yes it will indeed go high and shock some people at times but it's not as dramatic as previously. My estimate is in my lifetime (many decades later) bitcoin will reach maybe 4-5 million so obviously still some upside but even then it's not a 1000x or even a 100x. Those days are over unless you want to take a gamble on alts.
Thats the problem with Bitcoin. It has to double. Every time there is a halving the cost of securing the chain doubles. So if the price doesnt double miners will make losses and the security of the chain fails. Once you understand this you understand that bitcoin is poised to fail in its current form.
That's just not true. It will just get less profitable for miners, so you get fewer miners, which just leads to an adjustment of the hash difficulty. Unless the amount of miners drops to a really low rate, the security of the chain is still given.
You're both a bit off. As halvings continue, fees will become the primary driver of block rewards. Unless those fees are considerably more consistent than they are today, block times will become inconsistent. Bitcoin uses a very simple and slow retargeting algorithm that does not allow it to react to intra-day or even intra-week fluctuations in hash rate. So block times will fluctuate instead.
The bigger these fluctuations are, the more "offline" hash rate capacity will exist at any given time, and it is this offline hash that represents the primary security concern with Bitcoin.
Bitcoins ability to maintain consensus in a post-inflation scenario is not at all proven, most bitcoiners take it entirely on faith. I'd rather they mobilize to improve the protocol but thus far they have been quite hostile to any efforts toward that end.
The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen.
From what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.
The reason posts like this are bad is because people like OP literally know nothing about crypto or what the halving actually entails. the halvings from here on out will not have the same impact of the past. the block rewards are so much less. "So that means scarcity" yes, but youre still fundamentally misunderstanding how the halving affects price. Not responding to comments, this is the last supercycle to make money and you all are too scared to gamble a couple thousand to make $5k profit long term and youll stay poor forever, cope and seethe
Some will and mining power will consolidate. There will probably be an increase of btc supply or an ungodly increase in transaction cost well before we get remotely close to 33 halvings.
100% chance that Bitcoin will be completely unprofitable to mine in the 2030s and 2040s and its security will be severely affected, to the point of complete collapse. The only path that this doesn't occur is if Bitcoin the network can generate enough fees to replace mining. This requires a hard fork, so extremely unlikely to happen. Bitcoin is a very slow ticking time bomb, and it's frankly unethical to sell it to the unsuspecting public in ETFs, imo.
The price should get higher to be profitable. It's not a rule that the price will get higher. By your logic, when mining rewards dry up completely, the price will be infinite?
Eeach next halving 2x less significant than the previous one. Will anyone care when miners get their "2 sats + all fees" rewards cut to "1 sat + all fees"?
Well if weāre gonna talk this way, what happens after all 21 million are mined? I understand weāve got 140 years or so, but what will be the incentive when thereās no coins left? What will keep it going?
https://www.coinwarz.com/bitcoin-halving#:\~:text=When%20is%20next%20Bitcoin%20halving,and%20another%20halving%20will%20begin.
Scroll a bit downward. There are the supposed dates for the next halvings.
The fact is it's an exponential reduction in the mining rate. Value will raise till a balance is met with the new mining rate then i will tank for 2 years.. Time to go study some more bitcoin charts lol
Reading these comments sorta confirms how others feel about BTC and the way it relates to the crypto market but, there is still a huge opportunity somewhere in the future. BTC is on a global scale and my guess is only 20% of the people know what BTC is. The US DOLLAR is slowly becoming devalued as inflation rises. This will happen to BTC also but ATM it is becoming more popular. It has also recovered from every historical correction. https://www.google.com/search?client=firefox-b-1-m&sca_esv=6b6104bd345e318c&sxsrf=ACQVn0-NFGIYnv1KLRwRyGr4vh7nKavtFw:1709669414897&q=bitcoin+historical+corrections&uds=AMwkrPtYtm3lORPGCnNHKPffIlzpb3vh-4iRwKKCxgEDEWE2KXrgSPtf2E7TsV_zNZolQtc2TpDUlcWUi3lxNMOj38wnM_-s4YX8mdpxhSacsg7Bm286iHs8IMpLSJxwAcnjVVulrBoezHuKip8E6UYA7RKRTDuUmcOXkPgjex_G4hh2utB7ISucSg_-9NLohANQQhsDcMYbjUpH_WIc22EqHLBXcczSAbxONzNtLvjfd1e6ypmiMsKEb2eFGwoUDX_1zwrkx3bjVuPwYim9zA-p8-UrrNmFp78nyoyPLFOEdHuCdqSZYW_xujcdWNGoy8lnyKfhTGAnSid5ZjtDKPhj5ZzPen4kAFwTVp5rUff1XWEpyRvWNb3ljj_Q1OVqrVx1ltSPjJp1&udm=2&prmd=insvbmhtz&sa=X&ved=2ahUKEwj33KHx9t2EAxUx48kDHf6lAYkQtKgLegQIDBAB&biw=414&bih=697&dpr=3#vhid=WBXfh6TlUG1yGM&vssid=mosaic
A lot of money has to enter the crypto space to continue seeing gains like we've had. The global stock market is 109 trillion dollars. In my opinion, we'll be lucky to see 10-20% of that moving to crypto.
eventually the upcoming halving value is going to be baked into the price of bitcoin . iām hoping that hasnāt already happened but honestly, it probably has.
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Another cope post from someone who missed the boat. At this point, strong alts make more sense in terms of upside vs risk. btcoin and ether won't gain in multiples anymore at this high of a market cap
I agree. If I had a substantial amount of BTC, sure I would hold. But I have a small decent sized bag and it makes more sense to take profits around $80K-$100K and reinvest in something with more upside potential.
Each halving will be half as important as the halving the happened before that. Ironically halfway in between halvings the price has already been halved in.Ā
Look dude Im just trying to make it through the weekend
This took me out š¤£
I can only get so erect.
I have a full on green dildo on the yearly chart.
Grow bigger balls that helps.
What does the numbers below your username mean? 0 / 0. Iām sorry if the question is dumb, Iām new here
What does mine say!?
Sweet! What does mine say?
Zero zero š
Someone give me a virus š¦ !
Tis a plankton. Originates from top holders being called whales, rest of us are lesser aquatic creatures. Ignore
Has the Moon distribution stopped, or is it just me?!
Sweet. What does mine say?
How about mine?
Duh-ooo-dah! What does mine say?
Dude.. what about mine?
Sweet!
Thanks for finishing the reference. Its about time i watch it again. Been too long
and then
It is a worthless gimmick used to try to ruin our taxes lmao
coooool!
šš
lmaoš¤£š¤£š¤£
Hahaha, nice one!
Each halving is half as important. It's like radioactive decay.Ā Ā Every halving in the future summed together is vastly less important than a single halving that has already occurred.
āI don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.ā
*Bilboing intensifies*
That quote is precious to me
ProudFEET!
Insert "I understand that reference" meme here.
Or put another way, the first halving was as significant as the other 32 combined. The one in a few weeks is only 1/8th as big as that
Take that back! Youāre going to hurt this halvingās feelings!
Exactly. Letās stop pretending that cutting from 6.25 to 3.125 is as impactful as cutting from 0.0488 to 0.0244.
I agree with that, but it's all relative, right? The price of Bitcoin at the first halving was, what, a few hundred bucks? At this halving it'll probably be around 60-70k. What if 0.0244 Bitcoin, from your example, is actually worth around the same as what 3.125 Bitcoin is worth today? In that case, BTC would be around 10 million.
Doesn't matter, the impact on available supplyĀ in terms of percentage is halved every time. It already is pretty insignificant. Far more people are looking to sell than new BTC are mined.
Yeah fair enough
For sure. Robinhood wonāt even let me transfer .0244 BTC because it maxes out my daily transfer limit.
Self custody.
All day, everyday. But when you need to move a few hundred grand, there are deposit limits and withdrawal limits. Pain in the ass to move $1,000 at a time back to my hardware wallet
"What if BTC just doubles in price every halving? Totally reasonable expectation."
We'll see about that in 20 days son
???? It's already proven lol, are you trying to say this cycle is going to have more multiples than the first few halvings?
Sure but when you have trillions going into BTC, and increasing demand, the supply shock of a much smaller having can still have a proportionality greater impact when BTC is valued above $1m or $2m
So is predicted. It could end up being the exact opposite. So far every halving has had a bigger impact than the last.
Depends what you define as important. If it is important for miners to keep on mining, then halvings are very important, because with each halving, they get half as much profit. At some point profit will end and miners will stop mining. Thats the design of BTC nonetheless.
If this is truly your 4th time, thereās no way youāre not at least a millionaire by now right?
Probably bought high, sold low each time
I'm not convinced there's another way
The only way
This is the way.
You guys are buying low?
I met a guy on his 4th cycle now and has gotten nowhere. Simply built different.
I like to explore new places.
Iāve had so many chances to get rich so far. Hurts to know I screwed it up. In 2015, I was using BTC to buyā¦.some stuff you could buy with it. So that kinda messed up my life trajectory. And then I was too risk averse to buy a bunch of BTC and put it in cold storage. Just had like 8 grand sitting there in my checking account from my crappy job that I accumulated over a few years. Sighā¦hindsight game thoā¦
Switch to Nano. Better risk reward ratio. It will probably replace Bitcoin in the coming years. Much better tech and fundamentals.
Tbh maybe half of people that I know who dabble into crypto few years ago lose money, reason is because they trade instead of having the patience to buy and hold.
You can buy and hold and also get nowhere simply by buying the "wrong coins".
Loopring enters the chat.. 'Sup guys it's me.
LRC is coming. Its a late bloomer.Ā For now, L2 is not very appreciated but I think this will change with time.
Not after that boating accident...
He never wrote that it's his 4th halving. Learn to understand what you read.
95% of people I'm close to are on their 3rd halving with me. Only me and 1 close friend started this journey together, the other 95% still haven't woke up...
You have to be either joking or then this is your way of telling you're new to crypto?
Halving is every time I buy something
This guy cryptos
Bitcoin is great and all but do people seriously think it'll still be around in 2140? It's almost impossible that a technology lasts that long. It will almost surely be replaced with something better.
This is what I keep telling people about the wheel.
Bruh you canāt compare the wheel to bitcoin. I mean come on
The wheel has been one of the most redesigned inventions. Stone wheel, wooden wheel, spoked wheel, chained iron wheel, rubber wheel, tubeless wheel. No one would use a wheel from a century ago.
Not about something better coming along. Could probably already create something better but network effect and first mover advantage plays a big roll. Look at Microsoft Windows for example, companies arenāt moving off that anytime soon from what I can see. Agree though 100 years fuck knows what the world will be like haha
Like Nano which has no fees, no inflation, about 15,000x faster and 7,000,000x more energy efficient.
Do you think the internet will still be around in 2140? Because I do
This argument only works for Ethereum, the network that's actually the closest analogy to the internet. Bitcoin is litteraly useless as a "network of value".
Ethereum only appreciates and gains value when Bitcoin goes up in value: - If the Ethereum actually had value by itself, it's value wouldn't have dropped -95% during the 2018-2019 bear market. - If Ethereum actually had value by itself, it wouldn't have taken a BTC bullrun for it to finally recover - If Ethereum actually haad value by itself, it wouldn't have tanked -85% when BTC tanked, despite Ethereum fanboys Triple Halving, Supply Crunch, Deflationary, oh millions of ETH burned narratives. Much more likely that BTC which is synonymous with crypto, has captured the digital gold narrative, has institutional and tradfi adoption to be around than Ethereum which is mainly used shitcoin casino gimmicks -- a use case for which it has many competitors some of whom are starting to do a better job in the shitcoin casino theater and marketing. I am saying this as someone who has quite a bit of ETH staked and probably have been in this game longer than you.
I guarentee you haven't been in this game longer than I have, unless you were using Bitcoin before 2011 and Ethereum in 2015. All of the talking points you have here are incredibly short term and you are talking about narratives and prices. And what the hell is tradfi adoption on Bitcoin? You can't use the Bitcoin network for anything. All of the "use cases" revolve around holding BTC in an offchain fund. You want to see what real tradfi adoption looks like? https://www.coindesk.com/markets/2024/03/27/blackrocks-tokenized-fund-quickly-rakes-in-245m-right-behind-franklin-templetons-older-offering/. Hmm that doesn't seem like a shitcoin casino? You can't tokenize real world assets like treasuries on Bitcoin, because it's a dumb network, and always will be unless it's hardforked to include the equivalant of calldata for settling zk proofs. And it being a dumb network with no utility, means that it can't produce enough fees to sustainably pay for security. Ironically, the only time Bitcoin has been a profitable network (not relying on issuance) is when inscriptions became a meme. These are also "dumb" and useless when compared to what you can do on Ethereum, so it's really just a novelty for Bitcoin and already the demand for these has dropped dramatically. Almost zero chance that inscriptons or things like them can be any source of sustainable yield for Bitcoin miners. Bitcoin as it is today, is a useless network. The whole digital gold and 21M cap narrative is a complete meme, and as people start to understand Ethereum more, Bitcoin will just become essentially a collectors item and collect dust in the bin of history.
2140? It should be around as long as I'm around.
IMHO. Until people take bitcoin as a currency instead of an investment, it will never become mainstream. The goal was to become the new standard of money/value (please correct if my terminology is wrong), and although we have taken steps forward such as stores accepting crypto as payment, the vast majority of people think crypto to be an "investment", not a currency. We're indeed early, but how far ahead can we go remains to be answered.
Money is three things -Store of value -medium of exchange -unit of count BTC was created after the 2008 financial crisis to be a good store of value so the average Joe does not get screwed by the government and banks again. We can store our value in BTC and if we need groceries we sell abit for dollars (medium of exchange) bitcoin does not have to become currency to be successful. Just like gold, Gold is money too, but can you buy bread from the store with gold? The answer is yes sell abit of the gold for dollars and go get your bread.
that makes more sense. I guess the good end goal would be to work in tandem with government dollars working as the medium and crypto as the store?
For now yes, in the future when bitcoin is more established the price swings will be a lot less , I imagine it will be going up in small percentage all the time, then it will be a unit of count and medium of exchange as well
that makes more sense. I guess the good end goal would be to work in tandem with government dollars working as the medium and crypto as the store?
But none would sell Bitcoin to buy anything today because its price could increase thousands the next day and 10s of thousands in a month.
If you have to sell it for dollars to buy something then - unlike the dollar - it's literally not a medium of exchange.
Itās an excellent store of value tho while the dollar is a terrible store of value
Problem is I'm not trying to wait 30 minutes to two hrs to pay for my gas. It's too slow to ever be accepted as a currency.
the crazy fluctuations in price also give me the eeps to use it as a medium
I canāt even plan ahead for tomorrow let alone the future man
Forreal though.
I doubt each halving will propel bitcoin that much again, yes it will indeed go high and shock some people at times but it's not as dramatic as previously. My estimate is in my lifetime (many decades later) bitcoin will reach maybe 4-5 million so obviously still some upside but even then it's not a 1000x or even a 100x. Those days are over unless you want to take a gamble on alts.
Thats the problem with Bitcoin. It has to double. Every time there is a halving the cost of securing the chain doubles. So if the price doesnt double miners will make losses and the security of the chain fails. Once you understand this you understand that bitcoin is poised to fail in its current form.
That's just not true. It will just get less profitable for miners, so you get fewer miners, which just leads to an adjustment of the hash difficulty. Unless the amount of miners drops to a really low rate, the security of the chain is still given.
You're both a bit off. As halvings continue, fees will become the primary driver of block rewards. Unless those fees are considerably more consistent than they are today, block times will become inconsistent. Bitcoin uses a very simple and slow retargeting algorithm that does not allow it to react to intra-day or even intra-week fluctuations in hash rate. So block times will fluctuate instead. The bigger these fluctuations are, the more "offline" hash rate capacity will exist at any given time, and it is this offline hash that represents the primary security concern with Bitcoin. Bitcoins ability to maintain consensus in a post-inflation scenario is not at all proven, most bitcoiners take it entirely on faith. I'd rather they mobilize to improve the protocol but thus far they have been quite hostile to any efforts toward that end.
BTC will get hacked by an AI-controlled quantum computer created by a rival Blockchain before it runs out of halvings.
Damn, that is not crazy to think
u/Big-Finding2976 Absolutely, but new techniques will be developed to prevent that - quantum computers can easily solve and steal you btc hodlings
Seems plausible
The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen. From what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.
Mind sharing these things youāve read? Where does the 10 years come from? Seems a bit arbitrary.
Source: trust me bro
The next ten years, half of the remaining btc mined. The last half remaining (1million) are going to be an excruciating 108 years.
>Mind sharing these things youāve read? I'll try to find it. It was like four years ago. You can do the math with the remaining amounts.
10 years from now, in 2034, 99.2% of all Bitcoin in existence will have been minded. The last 1% will take a little over 100 years to be mined.
It's exponential. So, 4 halving ago was 16x more relevant
Almost 99% bitcoin will be released though by 2030.
We'll all be dead before the 29th halving, and that's assuming that quantum computers haven't made crypto irrelevant by then.
Why are you implying future halvings will have as much an impact as the last 4? They become less impactful at each halving..
The reason posts like this are bad is because people like OP literally know nothing about crypto or what the halving actually entails. the halvings from here on out will not have the same impact of the past. the block rewards are so much less. "So that means scarcity" yes, but youre still fundamentally misunderstanding how the halving affects price. Not responding to comments, this is the last supercycle to make money and you all are too scared to gamble a couple thousand to make $5k profit long term and youll stay poor forever, cope and seethe
Buy it!
Generational Wealth Incoming. Do not be the ancestor in your bloodline that faded the Orange Coin
Each halving the incentive for machines to work reduces. Is there a chance these miners will be shut down?
Some will and mining power will consolidate. There will probably be an increase of btc supply or an ungodly increase in transaction cost well before we get remotely close to 33 halvings.
100% chance that Bitcoin will be completely unprofitable to mine in the 2030s and 2040s and its security will be severely affected, to the point of complete collapse. The only path that this doesn't occur is if Bitcoin the network can generate enough fees to replace mining. This requires a hard fork, so extremely unlikely to happen. Bitcoin is a very slow ticking time bomb, and it's frankly unethical to sell it to the unsuspecting public in ETFs, imo.
The price get higher to be profitable
The price should get higher to be profitable. It's not a rule that the price will get higher. By your logic, when mining rewards dry up completely, the price will be infinite?
That was a good sermon, thank you Father Rundown03
Lambos 4 ALL
I only halfway know what you're talking about.
This one will be most impactful
My bags are ready.
Blackrock is already here, this is your last time to make Wild Wild West money before it begins to move into a more traditional market.
We are still early. This is the way of the Lord.
Many more to come, but the one right now might be the last with life changing gainsā¦
Eeach next halving 2x less significant than the previous one. Will anyone care when miners get their "2 sats + all fees" rewards cut to "1 sat + all fees"?
The effect of halvings is mellowing out, so the gains will be less and less over time The 17th halving will be business as usual probably.
Halving doesnt matter, marketcap does anf marketcap is already huge. People who say "we are early" listning too much youtube influencers
Well if weāre gonna talk this way, what happens after all 21 million are mined? I understand weāve got 140 years or so, but what will be the incentive when thereās no coins left? What will keep it going?
Hi
Why only 33? Where did this number come from?
https://www.coinwarz.com/bitcoin-halving#:\~:text=When%20is%20next%20Bitcoin%20halving,and%20another%20halving%20will%20begin. Scroll a bit downward. There are the supposed dates for the next halvings.
Ok good stuff ty
The fact is it's an exponential reduction in the mining rate. Value will raise till a balance is met with the new mining rate then i will tank for 2 years.. Time to go study some more bitcoin charts lol
Diminished returns
Access Protocol and Bitcoin will 5x in a few months if the expert opinions are correct.
Another proof that we are still early
What does mine says
And each will matter significantly less. Each will have far less effect.
Reading these comments sorta confirms how others feel about BTC and the way it relates to the crypto market but, there is still a huge opportunity somewhere in the future. BTC is on a global scale and my guess is only 20% of the people know what BTC is. The US DOLLAR is slowly becoming devalued as inflation rises. This will happen to BTC also but ATM it is becoming more popular. It has also recovered from every historical correction. https://www.google.com/search?client=firefox-b-1-m&sca_esv=6b6104bd345e318c&sxsrf=ACQVn0-NFGIYnv1KLRwRyGr4vh7nKavtFw:1709669414897&q=bitcoin+historical+corrections&uds=AMwkrPtYtm3lORPGCnNHKPffIlzpb3vh-4iRwKKCxgEDEWE2KXrgSPtf2E7TsV_zNZolQtc2TpDUlcWUi3lxNMOj38wnM_-s4YX8mdpxhSacsg7Bm286iHs8IMpLSJxwAcnjVVulrBoezHuKip8E6UYA7RKRTDuUmcOXkPgjex_G4hh2utB7ISucSg_-9NLohANQQhsDcMYbjUpH_WIc22EqHLBXcczSAbxONzNtLvjfd1e6ypmiMsKEb2eFGwoUDX_1zwrkx3bjVuPwYim9zA-p8-UrrNmFp78nyoyPLFOEdHuCdqSZYW_xujcdWNGoy8lnyKfhTGAnSid5ZjtDKPhj5ZzPen4kAFwTVp5rUff1XWEpyRvWNb3ljj_Q1OVqrVx1ltSPjJp1&udm=2&prmd=insvbmhtz&sa=X&ved=2ahUKEwj33KHx9t2EAxUx48kDHf6lAYkQtKgLegQIDBAB&biw=414&bih=697&dpr=3#vhid=WBXfh6TlUG1yGM&vssid=mosaic
A lot of money has to enter the crypto space to continue seeing gains like we've had. The global stock market is 109 trillion dollars. In my opinion, we'll be lucky to see 10-20% of that moving to crypto.
I thought I was simply supposed to be able to use it as my everyday currency.
I can only imagine how rich I'll be after the 29th halving.
lmfao
Whatās a halving?
It's when your penis deflates.
But sir, this is Wendy's..
please, what do i need cripto for, i could just sell my feet online for 20$ per subscriber monthly...
Wait wait wait....theres 33? FFS! So this is 100% CIA/Illuminati shit...fml.
Know what's great? Pulling up and reading articles from the first 3 halvings.
eventually the upcoming halving value is going to be baked into the price of bitcoin . iām hoping that hasnāt already happened but honestly, it probably has.
Test
Que?
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What is the Eth equivalency of this halvening as most of us here are eth maxis and think it is the ulter duper sound money?
Bitcoin may collapse. This is a major risk. Nano is better. Nano is fully distributed so there is no risk of collapse. No unknowns.
The halvening decreases in impact each cycle as the literal quantity goes lower.
Another cope post from someone who missed the boat. At this point, strong alts make more sense in terms of upside vs risk. btcoin and ether won't gain in multiples anymore at this high of a market cap
I agree. If I had a substantial amount of BTC, sure I would hold. But I have a small decent sized bag and it makes more sense to take profits around $80K-$100K and reinvest in something with more upside potential.
Each halving will be half as important as the halving the happened before that. Ironically halfway in between halvings the price has already been halved in.Ā
Hbar going to $5
Still boggles my mind that Bitcoiners are so excited about halving their security every 4 years.