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There is currently 900 new bitcoin mined per day after the halving it will be 450 per day
people focus on the number of bitcoin here but I like to focus on the $ amount
900 bitcoin per day x 50k is $45 million.
Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same
after the halving you need $22.5 million per day to keep the price the same
this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same
we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone.
#Bitcoin #Halving #BullRun #Write2Earn
people focus on the number of bitcoin here but I like to focus on the $ amount
900 bitcoin per day x 50k is $45 million.
Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same
after the halving you need $22.5 million per day to keep the price the same
this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same
we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone.
#Bitcoin #Halving #BullRun #Write2Earn
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