BitcoinHalving.
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#HotTrends #Halving
What is Bitcoin halving and why it matters?
Simply, you can think of it just like a Job that you do.
What you do is "mining."
What you get is "reward" as a "Proof of Work"
Where you work is "Blockchain."
🎗Imagine an event where the rate of your reward is cut by half.
Rewards are calculated based on blocks completion. After each block, miners get an amount of BTC as rewards. Currently, it is 6.25 BTC per block.
📌Do you know that
•BTC was first found and mined in 2009 by Satoshi Nakamato.
•After the first block was mined, he got a reward of 50BTC.
✅Why it is very low?
Because of #BitcoinHalving.
•Halving event cuts the reward for mining new blocks in half.
•This reduction happens automatically after every 210k blocks are created.
•The blockchain takes about 4 years to open more 210k blocks.
🔃Halving dates?
•Nov. 28, 2012, to 25 BTC.
•July 9, 2016, to 12.5 BTC.
•May 11, 2020, to 6.25 BTC.
•Next halving is anticipated in Apr 2024,
cutting it 3.125 BTC.
•This continues until 2140, when all BTC are mined. •By the final halving, BTC reaches the maximum
supply of 21M.
•Today, BTC are in circulation is about 19.65M.
🔵Why #Halving matters?
Halving effects demand, inflation, investing, mining,trading, etc.
👉It addresses inflation concerns to counter the decrease in purchasing power of BTC over time and thus maintaining scarcity.
👉By reducing the rate of new BTC introduced, demand for new BTC increases.
👉Historically, BTC’s price rise with halving event.
👉For investors, BTC is recognized as a potential gain, not only as a payment coin.
👉For Miners, (individuals, groups, or businesses) the focus is on profit, but halving makes it less profitable with smaller miners being unlucky even if BTC price rises.
👉As for us, traders Halving comes with a bull market, thus a good chance for profitable trading.
To sum up, understanding BTC halving is essential for anyone involved in the cryptocurrency space, as it influences investment strategies, mining profitability, and overall market sentiment.
What is Bitcoin halving and why it matters?
Simply, you can think of it just like a Job that you do.
What you do is "mining."
What you get is "reward" as a "Proof of Work"
Where you work is "Blockchain."
🎗Imagine an event where the rate of your reward is cut by half.
Rewards are calculated based on blocks completion. After each block, miners get an amount of BTC as rewards. Currently, it is 6.25 BTC per block.
📌Do you know that
•BTC was first found and mined in 2009 by Satoshi Nakamato.
•After the first block was mined, he got a reward of 50BTC.
✅Why it is very low?
Because of #BitcoinHalving.
•Halving event cuts the reward for mining new blocks in half.
•This reduction happens automatically after every 210k blocks are created.
•The blockchain takes about 4 years to open more 210k blocks.
🔃Halving dates?
•Nov. 28, 2012, to 25 BTC.
•July 9, 2016, to 12.5 BTC.
•May 11, 2020, to 6.25 BTC.
•Next halving is anticipated in Apr 2024,
cutting it 3.125 BTC.
•This continues until 2140, when all BTC are mined. •By the final halving, BTC reaches the maximum
supply of 21M.
•Today, BTC are in circulation is about 19.65M.
🔵Why #Halving matters?
Halving effects demand, inflation, investing, mining,trading, etc.
👉It addresses inflation concerns to counter the decrease in purchasing power of BTC over time and thus maintaining scarcity.
👉By reducing the rate of new BTC introduced, demand for new BTC increases.
👉Historically, BTC’s price rise with halving event.
👉For investors, BTC is recognized as a potential gain, not only as a payment coin.
👉For Miners, (individuals, groups, or businesses) the focus is on profit, but halving makes it less profitable with smaller miners being unlucky even if BTC price rises.
👉As for us, traders Halving comes with a bull market, thus a good chance for profitable trading.
To sum up, understanding BTC halving is essential for anyone involved in the cryptocurrency space, as it influences investment strategies, mining profitability, and overall market sentiment.
Is March Pre-Bull Run Over?
Find out in my next post if we are going to experience another short bull run this March before the jaw dropping one that will happen in late April.
Follow me to catch up.
You could turn $10 to $1,000 before April
#HotTrends #BTC #BOME #BullRun🐂 #BitcoinHalving.
Find out in my next post if we are going to experience another short bull run this March before the jaw dropping one that will happen in late April.
Follow me to catch up.
You could turn $10 to $1,000 before April
#HotTrends #BTC #BOME #BullRun🐂 #BitcoinHalving.
Funding rates have now been consistently green for multiple days.
Nature is healing.
Stop getting blown out on leverage, hold spot & enjoy the ride.
#BitcoinHalving. / #Altcoins👀🚀
Nature is healing.
Stop getting blown out on leverage, hold spot & enjoy the ride.
#BitcoinHalving. / #Altcoins👀🚀
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See $BTC Selling is still strong, Selling is faster than buying, See, TF 1 Day Selling is still controlling the Candle currently at a price of 59k-70k.
Don't enter the MARKET, enter confirmation when the technicals are strong, Don't enter trades $BTC , very drastic ups and downs.
People are haunted by panic, big people/giant whales are playing and laughing.
Ha ha
And finally BTC Will fall on Halving day.
$BNB
#BitcoinHalving. #Bitcoinhalimchun #HalvingEffect #Halving2024
Don't enter the MARKET, enter confirmation when the technicals are strong, Don't enter trades $BTC , very drastic ups and downs.
People are haunted by panic, big people/giant whales are playing and laughing.
Ha ha
And finally BTC Will fall on Halving day.
$BNB
#BitcoinHalving. #Bitcoinhalimchun #HalvingEffect #Halving2024
⚡️ The next Bitcoin halving is expected to take place in April 2024 which is less than 30 days from now.
📈 Do you think bitcoin can break or hit 100k before halving?👀
#HotTrends #BTC #BitcoinHalving.
📈 Do you think bitcoin can break or hit 100k before halving?👀
#HotTrends #BTC #BitcoinHalving.
Yes
48%
No
52%
61 votes • Voting closed
Bitcoin Crashed to $8.9K on BitMEX
yes you are reading right, bitcoin dropped to $8.9k from its usual trading range above $60000 in a mater of minutes than swiftly bounced back to $67,000. this happened on this Monday It only happened on Bitmex exchange, while BTC trading above 60000 at other platforms.
BitMEX promptly launched an investigation, attributing the anomaly to aggressive selling by a small number of accounts. Despite the rapid fluctuation, BitMEX assured users that its systems were functioning normally and that they are continuing to probe the incident.
this is insane, Isn't it!!!!!!
#HotTrends #write2earn…. #BitcoinHalving. #crashed
yes you are reading right, bitcoin dropped to $8.9k from its usual trading range above $60000 in a mater of minutes than swiftly bounced back to $67,000. this happened on this Monday It only happened on Bitmex exchange, while BTC trading above 60000 at other platforms.
BitMEX promptly launched an investigation, attributing the anomaly to aggressive selling by a small number of accounts. Despite the rapid fluctuation, BitMEX assured users that its systems were functioning normally and that they are continuing to probe the incident.
this is insane, Isn't it!!!!!!
#HotTrends #write2earn…. #BitcoinHalving. #crashed
Bitcoin Halving: How it works and Why it matters
Bitcoin halving is a significant event in the world of cryptocurrency, particularly for Bitcoin, the pioneer digital currency. Let's break down what Bitcoin halving is, how it works, and why it matters:
What is Bitcoin Halving?
Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for validating transactions on the Bitcoin blockchain. When Bitcoin was created, the reward for mining a new block was 50 BTC. Through the halving mechanism, this reward is cut in half, leading to a reduction in the rate at which new Bitcoin is created. The halving occurs after every 210,000 blocks are mined, roughly every four years, until the total supply of Bitcoin reaches its cap of 21 million coins.
Why Does Bitcoin Halving Matter?
Scarcity and Controlled Supply: Bitcoin halving is designed to create scarcity and control the supply of Bitcoin entering circulation. By reducing the rate at which new Bitcoin is generated, halving contributes to Bitcoin's rising scarcity over time, making it a deflationary asset and potentially increasing its value proposition.Inflation Control: Halving helps limit excessive inflation in the Bitcoin ecosystem by reducing the rate at which new Bitcoin reaches the market. This controlled issuance process aims to maintain the stability and value of Bitcoin in the long term.Market Forces and Economics: The halving event has economic implications for Bitcoin miners and the broader market. Miners must adapt their operations to remain profitable with reduced block rewards, leading to increased competition and potentially impacting the network's security and decentralization.Price Impact: Historically, Bitcoin price rises have been associated with halving events. The anticipation of decreased supply and increased demand often leads to positive market sentiment and potential price appreciation. However, it's important to note that past performance does not guarantee future results, and various factors influence Bitcoin's price dynamics.
Implications of Bitcoin Halving Event:
Reduced miner rewards lead to a decrease in the influx of new Bitcoin into circulation, affecting supply and demand economics.Bitcoin's inflation rate decreases after each halving, contributing to its deflationary nature and potentially increasing its value.Miners may face challenges remaining profitable post-halving, leading to the adoption of more efficient technologies and potential consolidation in the mining industry.A significant number of miners quitting Bitcoin mining could impact the network's hash rate, block formation times, and overall security. However, historical evidence suggests that the network typically adjusts to such changes over time.
Next Bitcoin Halving Event:
The next Bitcoin halving event is projected to occur around April 2024, after the mining of the 840,000th block since the last halving. This event will reduce the mining reward for each block to 3.125 BTC. As mining rewards decrease, miners will need to adapt to the evolving dynamics of the mining environment and increased competition for smaller rewards.
In summary, Bitcoin halving is a fundamental aspect of Bitcoin's protocol, playing a crucial role in controlling its supply, inflation, and economic dynamics. Understanding the mechanics and implications of halving events is essential for participants in the Bitcoin ecosystem, from miners to investors and enthusiasts.#HotTrends #BOME #WIF #BitcoinHalving.
What is Bitcoin Halving?
Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for validating transactions on the Bitcoin blockchain. When Bitcoin was created, the reward for mining a new block was 50 BTC. Through the halving mechanism, this reward is cut in half, leading to a reduction in the rate at which new Bitcoin is created. The halving occurs after every 210,000 blocks are mined, roughly every four years, until the total supply of Bitcoin reaches its cap of 21 million coins.
Why Does Bitcoin Halving Matter?
Scarcity and Controlled Supply: Bitcoin halving is designed to create scarcity and control the supply of Bitcoin entering circulation. By reducing the rate at which new Bitcoin is generated, halving contributes to Bitcoin's rising scarcity over time, making it a deflationary asset and potentially increasing its value proposition.Inflation Control: Halving helps limit excessive inflation in the Bitcoin ecosystem by reducing the rate at which new Bitcoin reaches the market. This controlled issuance process aims to maintain the stability and value of Bitcoin in the long term.Market Forces and Economics: The halving event has economic implications for Bitcoin miners and the broader market. Miners must adapt their operations to remain profitable with reduced block rewards, leading to increased competition and potentially impacting the network's security and decentralization.Price Impact: Historically, Bitcoin price rises have been associated with halving events. The anticipation of decreased supply and increased demand often leads to positive market sentiment and potential price appreciation. However, it's important to note that past performance does not guarantee future results, and various factors influence Bitcoin's price dynamics.
Implications of Bitcoin Halving Event:
Reduced miner rewards lead to a decrease in the influx of new Bitcoin into circulation, affecting supply and demand economics.Bitcoin's inflation rate decreases after each halving, contributing to its deflationary nature and potentially increasing its value.Miners may face challenges remaining profitable post-halving, leading to the adoption of more efficient technologies and potential consolidation in the mining industry.A significant number of miners quitting Bitcoin mining could impact the network's hash rate, block formation times, and overall security. However, historical evidence suggests that the network typically adjusts to such changes over time.
Next Bitcoin Halving Event:
The next Bitcoin halving event is projected to occur around April 2024, after the mining of the 840,000th block since the last halving. This event will reduce the mining reward for each block to 3.125 BTC. As mining rewards decrease, miners will need to adapt to the evolving dynamics of the mining environment and increased competition for smaller rewards.
In summary, Bitcoin halving is a fundamental aspect of Bitcoin's protocol, playing a crucial role in controlling its supply, inflation, and economic dynamics. Understanding the mechanics and implications of halving events is essential for participants in the Bitcoin ecosystem, from miners to investors and enthusiasts.#HotTrends #BOME #WIF #BitcoinHalving.
Bitcoin Market Update 1-day Technical Analysis
After experiencing a notable rally, there's been speculation about the end of #Bitcoin 's bull run. However, recent trends suggest otherwise. Bitcoin has undergone a necessary correction, exceeding 15%, setting the stage for potential upward momentum.
Investors should keep a keen eye on daily price movements, as a significant positive change could indicate a strong market shift in favor of Bitcoin. Additionally, the anticipated Bitcoin Halving event looms closer, promising to add another layer of momentum to Bitcoin's value.
🔍 Insight: This correction phase might be a strategic point for investors to reconsider their positions before making any hasty decisions. The market's dynamics, coupled with the upcoming Halving event, could propel Bitcoin to new heights.
🚀 Action Point: Monitor the market closely and consider the long-term impact of the Halving event before making any major moves.
Stay updated with us for more insights and market trends.
#CryptoMarketAnalysis #InvestmentInsights #BitcoinHalving. #First1Bitcoin
$BTC
Investors should keep a keen eye on daily price movements, as a significant positive change could indicate a strong market shift in favor of Bitcoin. Additionally, the anticipated Bitcoin Halving event looms closer, promising to add another layer of momentum to Bitcoin's value.
🔍 Insight: This correction phase might be a strategic point for investors to reconsider their positions before making any hasty decisions. The market's dynamics, coupled with the upcoming Halving event, could propel Bitcoin to new heights.
🚀 Action Point: Monitor the market closely and consider the long-term impact of the Halving event before making any major moves.
Stay updated with us for more insights and market trends.
#CryptoMarketAnalysis #InvestmentInsights #BitcoinHalving. #First1Bitcoin
$BTC
Top Altcoins To Buy For 10X To 100X Returns As Bitcoin Halving Beckons
With Bitcoin's halving approaching, now is an important time to invest in cryptocurrencies.
In particular, Ethereum, Shiba Inu, Toncoin, and ORDI have great potential. For investors looking for big returns, these altcoins represent a promising opportunity to benefit from market dynamics.
follow for more cryptocurrency investments
#HotTrends #Write2Earn #BitcoinHalving. #BTC
With Bitcoin's halving approaching, now is an important time to invest in cryptocurrencies.
In particular, Ethereum, Shiba Inu, Toncoin, and ORDI have great potential. For investors looking for big returns, these altcoins represent a promising opportunity to benefit from market dynamics.
follow for more cryptocurrency investments
#HotTrends #Write2Earn #BitcoinHalving. #BTC
btc upward
52%
btc downward
48%
61 votes • Voting closed
Hong Kong Embraces Crypto: Bitcoin & Ethereum ETFs Get Greenlight!
Crypto is booming again, and Hong Kong is leading the charge!
This week started strong with Bitcoin surging past $66,000, fueled by HUGE news from Hong Kong. They just approved the first-ever spot Bitcoin and Ethereum ETFs, opening the door for wider crypto adoption.
What's an ETF? Think of it like a basket of investments, but for crypto! This makes it easier for people to invest in Bitcoin and Ethereum without the hassle of directly buying and storing them.
Why is this a big deal? This move by Hong Kong positions them as a major crypto hub in Asia, putting them in competition with Singapore and Dubai. It also shows growing mainstream acceptance of cryptocurrencies.
The news sparked a market-wide rally! Bitcoin jumped over 3%, Ethereum soared almost 6%, and other altcoins like Solana are also on the rise.
This is a great time to be in crypto! Stay tuned for more updates on this exciting development.
$BTC $ETH #BullorBear #BitcoinETF💰💰💰 #BitcoinHalving. #HotTrends
Crypto is booming again, and Hong Kong is leading the charge!
This week started strong with Bitcoin surging past $66,000, fueled by HUGE news from Hong Kong. They just approved the first-ever spot Bitcoin and Ethereum ETFs, opening the door for wider crypto adoption.
What's an ETF? Think of it like a basket of investments, but for crypto! This makes it easier for people to invest in Bitcoin and Ethereum without the hassle of directly buying and storing them.
Why is this a big deal? This move by Hong Kong positions them as a major crypto hub in Asia, putting them in competition with Singapore and Dubai. It also shows growing mainstream acceptance of cryptocurrencies.
The news sparked a market-wide rally! Bitcoin jumped over 3%, Ethereum soared almost 6%, and other altcoins like Solana are also on the rise.
This is a great time to be in crypto! Stay tuned for more updates on this exciting development.
$BTC $ETH #BullorBear #BitcoinETF💰💰💰 #BitcoinHalving. #HotTrends
LIVE
Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
WHY THE BLOODY MARKET? 📉
Everybody is panicking and the rest already closed their positions thinking the market would drop further.
Anyways, it's all about manipulation.
The halving is expected to happen in a few days from now and what do you expect?
Massive bullish movement or the opposite?
Surely, the opposite!
Market makers are taking out some percentage of their investments to initiate a doubtful BullRun. This will make the retailers close out in fear and what happens after a few days?
Massive come back!
Market makers love buying at a cheaper price and that's what they are doing now. Making the market dump so they can buy from the dip and ride the BullRun once halving happens.
The question now is...
Are you gonna close out or have patience?
Follow me for more honest insights.
#HotTrends #bullruns #buyandhold #BitcoinHalving. #BEAR…try
Everybody is panicking and the rest already closed their positions thinking the market would drop further.
Anyways, it's all about manipulation.
The halving is expected to happen in a few days from now and what do you expect?
Massive bullish movement or the opposite?
Surely, the opposite!
Market makers are taking out some percentage of their investments to initiate a doubtful BullRun. This will make the retailers close out in fear and what happens after a few days?
Massive come back!
Market makers love buying at a cheaper price and that's what they are doing now. Making the market dump so they can buy from the dip and ride the BullRun once halving happens.
The question now is...
Are you gonna close out or have patience?
Follow me for more honest insights.
#HotTrends #bullruns #buyandhold #BitcoinHalving. #BEAR…try
Bitcoin Halving Stats 📊
#BTC.😉. #BitcoinHalving.
⏰Countdown: 29d 21h 38m 29s
🧱Block Height: 835,224
⏳Avg Block Time: 9.02 min
🎁Block Reward: 6.25 ₿
📅Next Halving: 2024-04-17 09:31
Based on Realtime Data🚀
#bitcoin $BTC $ETH $BNB
FOLLOW MY FEED FOR DAILY UPDATES 🙋🏻♂️
#BTC.😉. #BitcoinHalving.
⏰Countdown: 29d 21h 38m 29s
🧱Block Height: 835,224
⏳Avg Block Time: 9.02 min
🎁Block Reward: 6.25 ₿
📅Next Halving: 2024-04-17 09:31
Based on Realtime Data🚀
#bitcoin $BTC $ETH $BNB
FOLLOW MY FEED FOR DAILY UPDATES 🙋🏻♂️