Halving2024
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Bitcoin Basics: Part 1
Financial Revolution Unveiled
Imagine the early 2000s – a time when the global economy seemed invincible. Stock markets were soaring, and the majority felt like financial champions. Little did they know, beneath the surface lurked a colossal problem, ready to unleash a massive financial storm.
This wasn't your run-of-the-mill banking hiccup; it was gearing up to be one of the most severe financial crises since the 1930s.
The Epicenter of the Storm: United States Housing Market
The epicenter of the turmoil was the United States housing market. With enticing offers, people were urged to buy homes, and banks were handing out loans like candy. The Federal Reserve, the puppet master of U.S. money, slashed interest rates, making borrowing dirt cheap and fueling a housing-buying frenzy.
A Sinister Twist Unveiled
But there was a sinister twist.
Banks started doling out loans to folks who could barely scratch together the repayment. More loans meant fatter commission checks for bankers turned sales reps pushing these dubious loans. They coined them "subprime mortgages."
The Mischief Unleashed
But the mischief didn't stop there. Banks discovered a loophole to dish out predatory loans without repercussions. They bundled these risky loans into intricate financial products named mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) and peddled them to investors worldwide.
Golden Investments Turned Ticking Time Bomb
Initially, these seemed like golden investments as house prices soared. Yet, it was a ticking time bomb. When money flows freely, prices inflate artificially. But what happens when the free money tap runs dry?
Around 2006, the bubble burst. House prices plateaued, people ceased buying homes they couldn't afford, and the housing market plummeted. Borrowers couldn't repay loans, and a wave of home losses ensued.
The Collapse: Lehman Brothers and the Global Ripple Effect
The climax arrived when Lehman Brothers, a banking behemoth, went bankrupt in September 2008. This was seismic – a "too big to fail" bank had crumbled overnight. Panic spread as banks halted lending to each other, sending shockwaves through the global economy.
The Scramble to Fix the Mess
Governments and central banks scrambled to "fix" the mess they'd created. They printed billions, bailing out over-leveraged banks, cutting interest rates, and infusing money into the system. The only way to sustain the charade was to keep on deceiving.
Post-Crisis: A Shift in Perception
Post-crisis, public perception of banks and money shifted. It was evident there were no safeguards preventing a recurrence of this crisis. The wealthy thrived on exploiting others without repercussions, so why wouldn't they do it again?
The Birth of Bitcoin Amid Chaos
Amid the financial chaos, with trust in traditional banking at an all-time low, enter Bitcoin.
This wasn't just another currency; it was a radical reimagining of what money could be. Bitcoin, a new form of currency detached from fiat theft, free from bank or government control, and backed by immutable energy, emerged as a groundbreaking innovation. Driven by complex mathematics, cryptography, and transparency, Bitcoin operated exclusively online and thrived on user participation.
A New Era of Transparency and Sovereignty
For the first time, every financial transaction found a permanent record on the blockchain, a public database. This ensured no entity could lie about their dealings. A stark departure from the opaque traditional financial system, where transactions could be obscured, and currencies manipulated by actors with no tangible value creation but overflowing coffers.
Bitcoin: A Symbol of Monetary Independence
This marked the first instance in history where transparency and sovereignty walked hand in hand.
Bitcoin didn't just surface as a new technology; it stood tall as a symbol of monetary independence, a beacon guiding us out of the financial chaos.
$BTC #BTC #Halving2024
Imagine the early 2000s – a time when the global economy seemed invincible. Stock markets were soaring, and the majority felt like financial champions. Little did they know, beneath the surface lurked a colossal problem, ready to unleash a massive financial storm.
This wasn't your run-of-the-mill banking hiccup; it was gearing up to be one of the most severe financial crises since the 1930s.
The Epicenter of the Storm: United States Housing Market
The epicenter of the turmoil was the United States housing market. With enticing offers, people were urged to buy homes, and banks were handing out loans like candy. The Federal Reserve, the puppet master of U.S. money, slashed interest rates, making borrowing dirt cheap and fueling a housing-buying frenzy.
A Sinister Twist Unveiled
But there was a sinister twist.
Banks started doling out loans to folks who could barely scratch together the repayment. More loans meant fatter commission checks for bankers turned sales reps pushing these dubious loans. They coined them "subprime mortgages."
The Mischief Unleashed
But the mischief didn't stop there. Banks discovered a loophole to dish out predatory loans without repercussions. They bundled these risky loans into intricate financial products named mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) and peddled them to investors worldwide.
Golden Investments Turned Ticking Time Bomb
Initially, these seemed like golden investments as house prices soared. Yet, it was a ticking time bomb. When money flows freely, prices inflate artificially. But what happens when the free money tap runs dry?
Around 2006, the bubble burst. House prices plateaued, people ceased buying homes they couldn't afford, and the housing market plummeted. Borrowers couldn't repay loans, and a wave of home losses ensued.
The Collapse: Lehman Brothers and the Global Ripple Effect
The climax arrived when Lehman Brothers, a banking behemoth, went bankrupt in September 2008. This was seismic – a "too big to fail" bank had crumbled overnight. Panic spread as banks halted lending to each other, sending shockwaves through the global economy.
The Scramble to Fix the Mess
Governments and central banks scrambled to "fix" the mess they'd created. They printed billions, bailing out over-leveraged banks, cutting interest rates, and infusing money into the system. The only way to sustain the charade was to keep on deceiving.
Post-Crisis: A Shift in Perception
Post-crisis, public perception of banks and money shifted. It was evident there were no safeguards preventing a recurrence of this crisis. The wealthy thrived on exploiting others without repercussions, so why wouldn't they do it again?
The Birth of Bitcoin Amid Chaos
Amid the financial chaos, with trust in traditional banking at an all-time low, enter Bitcoin.
This wasn't just another currency; it was a radical reimagining of what money could be. Bitcoin, a new form of currency detached from fiat theft, free from bank or government control, and backed by immutable energy, emerged as a groundbreaking innovation. Driven by complex mathematics, cryptography, and transparency, Bitcoin operated exclusively online and thrived on user participation.
A New Era of Transparency and Sovereignty
For the first time, every financial transaction found a permanent record on the blockchain, a public database. This ensured no entity could lie about their dealings. A stark departure from the opaque traditional financial system, where transactions could be obscured, and currencies manipulated by actors with no tangible value creation but overflowing coffers.
Bitcoin: A Symbol of Monetary Independence
This marked the first instance in history where transparency and sovereignty walked hand in hand.
Bitcoin didn't just surface as a new technology; it stood tall as a symbol of monetary independence, a beacon guiding us out of the financial chaos.
$BTC #BTC #Halving2024
Previous #bitcoinhalving dates:
🔸 November 28, 2012 (block reward halved to 25 bitcoins)
🔸 July 9, 2016 (block reward halved to 12.5 bitcoins)
🔸 May 11, 2020 (block reward halved to 6.25 bitcoins)
Current total supply of Bitcoin: 19.6 million $BTC
#Halving2024 #BitcoinHalvingImpact #TrendingTopic
🔸 November 28, 2012 (block reward halved to 25 bitcoins)
🔸 July 9, 2016 (block reward halved to 12.5 bitcoins)
🔸 May 11, 2020 (block reward halved to 6.25 bitcoins)
Current total supply of Bitcoin: 19.6 million $BTC
#Halving2024 #BitcoinHalvingImpact #TrendingTopic
🤑CALIM FREE PEPE TOKEENS FROM MY PINNED POSTS 🤑
In less than two weeks, #Bitcoin will undergo a halving, and traders will likely either buy into the rumor or sell it.
Similar to the #halving that happened in 2016, selling pressure on Bitcoin might build up to four months after the next price drop.$BTC
Analysts anticipate a continuation of the asset price rise that followed the three prior Bitcoin halvings.
Since March 2024, the price of Bitcoin has been fluctuating between a band of $73,777 and $60,700.
Since reaching a year-to-date high of $73,777 on March 14, Bitcoin has remained inside a narrow range. Steno Research analysts predict a "buy the rumor, sell the news" situation as the market cap leader approaches its block reward reduction in less than two weeks.
The asset's price is not as drastically affected immediately after a halved, as was seen in earlier halvings. Steno Research predicts that Bitcoin's price will rise in the two weeks before the halving event, and that it may fall below its price during the halving event in the first 90 days after the halving.
In 2024, Bitcoin will undergo a halving event similar to the one in 2016.
Steno Research analysts have seen similarities in Bitcoin's price movement and its performance before the 2016 halving, suggesting that the next event would have comparable effects. Recent months have seen a meteoric rise in interest in Bitcoin (BTC), with many speculating that the block reward halving would lead to a "buy the rumor, sell the news" situation, similar to the demand in Bitcoin Spot ETFs and institutional capital investments.
Steno Research predicts that Bitcoin's price would likely fall for the most part of the first 90 days after the halving, however it may see an upswing in the weeks preceding up to the event.
Currently, the price of one Bitcoin can be found anywhere between $73,777 and $60,700. On Sunday, one bitcoin is worth $69,405 USD.
#Halving2024
In less than two weeks, #Bitcoin will undergo a halving, and traders will likely either buy into the rumor or sell it.
Similar to the #halving that happened in 2016, selling pressure on Bitcoin might build up to four months after the next price drop.$BTC
Analysts anticipate a continuation of the asset price rise that followed the three prior Bitcoin halvings.
Since March 2024, the price of Bitcoin has been fluctuating between a band of $73,777 and $60,700.
Since reaching a year-to-date high of $73,777 on March 14, Bitcoin has remained inside a narrow range. Steno Research analysts predict a "buy the rumor, sell the news" situation as the market cap leader approaches its block reward reduction in less than two weeks.
The asset's price is not as drastically affected immediately after a halved, as was seen in earlier halvings. Steno Research predicts that Bitcoin's price will rise in the two weeks before the halving event, and that it may fall below its price during the halving event in the first 90 days after the halving.
In 2024, Bitcoin will undergo a halving event similar to the one in 2016.
Steno Research analysts have seen similarities in Bitcoin's price movement and its performance before the 2016 halving, suggesting that the next event would have comparable effects. Recent months have seen a meteoric rise in interest in Bitcoin (BTC), with many speculating that the block reward halving would lead to a "buy the rumor, sell the news" situation, similar to the demand in Bitcoin Spot ETFs and institutional capital investments.
Steno Research predicts that Bitcoin's price would likely fall for the most part of the first 90 days after the halving, however it may see an upswing in the weeks preceding up to the event.
Currently, the price of one Bitcoin can be found anywhere between $73,777 and $60,700. On Sunday, one bitcoin is worth $69,405 USD.
#Halving2024
BITCOIN IS GOING TO $200,000 🚀
Here's how this will happen:
1st Halving (2012): BTC pumped 10,000%
2nd Halving (2016): BTC pumped 3,000%
3rd Halving (2020): BTC pumped 630%
But this halving will be different.
This time, big money like BlackRock and Fidelity are bidding on BTC.
$100 billion+ in new money flow is expected to enter the Bitcoin market after the spot ETF approval, and all of this will happen post-halving.🔥
If we add FED rate cuts and their endless money printing, it's highly probable that BTC will capture heavy
Market cap from both GOLD & STOCKS
This will push the BTC price to $200,000 and beyond.🚀🚀🚀
If you think this is not possible, just take a look at the GOLD chart.
When its spot ETF got approved in 2004, it pumped over 700%, and given that BTC is more liquid and easy to access, it could replicate the same returns in a short time frame.
#BTC/Update: #CryptoisBetter #BTC #Halving2024
$BTC $ETH $BNB
Here's how this will happen:
1st Halving (2012): BTC pumped 10,000%
2nd Halving (2016): BTC pumped 3,000%
3rd Halving (2020): BTC pumped 630%
But this halving will be different.
This time, big money like BlackRock and Fidelity are bidding on BTC.
$100 billion+ in new money flow is expected to enter the Bitcoin market after the spot ETF approval, and all of this will happen post-halving.🔥
If we add FED rate cuts and their endless money printing, it's highly probable that BTC will capture heavy
Market cap from both GOLD & STOCKS
This will push the BTC price to $200,000 and beyond.🚀🚀🚀
If you think this is not possible, just take a look at the GOLD chart.
When its spot ETF got approved in 2004, it pumped over 700%, and given that BTC is more liquid and easy to access, it could replicate the same returns in a short time frame.
#BTC/Update: #CryptoisBetter #BTC #Halving2024
$BTC $ETH $BNB
Better get ready #Halving2024
LIVEENSIGN TRADING
--
JUST IN: Michael Saylor on Fox Business: "After the halving, the supply gets cut in half, and after the spot ETFs come online, demand's going to at least double" 🐂 #Bitcoin 💰
#BTC #BullRun #etf
#BTC #BullRun #etf
🚀 #BitcoinHalving Countdown: 160 days to go!
The 4-year cycle continues,
and we're eyeing an All-Time High in 2025.
📈🐂 Remember,
the bull run is often linked to the halving event.
No golden bull before the halving!
🐻🚫 Bear market is over, pre-bull phase is upon us. Get ready for an exciting ride! 💰💥
#BTC🔥🔥
#etf
#Halving2024
The 4-year cycle continues,
and we're eyeing an All-Time High in 2025.
📈🐂 Remember,
the bull run is often linked to the halving event.
No golden bull before the halving!
🐻🚫 Bear market is over, pre-bull phase is upon us. Get ready for an exciting ride! 💰💥
#BTC🔥🔥
#etf
#Halving2024
𝟯 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝟮𝟬𝟮𝟰
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
BITCOIN HALVING 💥💥💥
Halving for Bitcoin in two months ⏰⚠️.
For those who do not know what the halving means and what it is, the halving is the Bitcoin split that occurs every 4 years, meaning a complete market cycle, in which quotas are distributed to the miners.
This means that the number of supply will decrease and the demand will increase, and this thing will increase its price and in all markets in general if the commodity is scarce and the demand for it increases.
It will become rare and expensive Since Bitcoin will divide and become less in the market and demand will increase, this event is considered the biggest driving event to encourage investment in it, and it is not like any news.
It is real news and action other than the Bitcoin formula 💐And see in the picture, Bitcoin mining for the year 2024 is 3.3%, and after 4 days, the percentage decreases. Every time the percentage decreases, therefore, Bitcoin becomes rare, the demand for it increases, and it's price becomes higher.
#BTC #Write2Earn #TrendingTopic #Halving2024 #BTCHALVING
Halving for Bitcoin in two months ⏰⚠️.
For those who do not know what the halving means and what it is, the halving is the Bitcoin split that occurs every 4 years, meaning a complete market cycle, in which quotas are distributed to the miners.
This means that the number of supply will decrease and the demand will increase, and this thing will increase its price and in all markets in general if the commodity is scarce and the demand for it increases.
It will become rare and expensive Since Bitcoin will divide and become less in the market and demand will increase, this event is considered the biggest driving event to encourage investment in it, and it is not like any news.
It is real news and action other than the Bitcoin formula 💐And see in the picture, Bitcoin mining for the year 2024 is 3.3%, and after 4 days, the percentage decreases. Every time the percentage decreases, therefore, Bitcoin becomes rare, the demand for it increases, and it's price becomes higher.
#BTC #Write2Earn #TrendingTopic #Halving2024 #BTCHALVING
Check this out! #bitcoinhalving #Halving2024
LIVEAnthonyCarr
--
#BinanceSquare #BTC #Halving #ETF #Binance @AnthonyCarr $BTC $ETH $CYBER
The halving factor!
Bitcoin's current price rally is being largely driven by growing institutional adoption, specifically through exchange-traded funds (ETFs).
Renowned financial companies, such as BlackRock, have expressed interest in launching Bitcoin spot ETFs, creating a significant impact on the markets.
Since June, BlackRock and other large financial institutions have filed applications to launch spot Bitcoin ETFs.
The market's attention is focused on the United States Securities and Exchange Commission (SEC), which has the approval of these funds in its hands.
The market reacts immediately to every movement, as evidenced by the sharp rise in the price of Bitcoin when the BlackRock ETF was listed on the Depository Trust & Clearing Corporation.
Currently, the SEC's decision is awaited on applications from 12 companies to launch Bitcoin spot ETFs.
The approval of these funds is seen as a crucial factor for the future of Bitcoin, with experts such as Michael Saylor predicting a possible increase of up to ten times the current price of the cryptocurrency.
Looking ahead, the scenario for Bitcoin price looks encouraging, especially considering the convergence of factors such as possible ETF approval and the upcoming halving. Although the exact price is difficult to predict, there is a consensus in the financial community that the outlook points towards a bull market in the near future.
The halving factor!
Bitcoin's current price rally is being largely driven by growing institutional adoption, specifically through exchange-traded funds (ETFs).
Renowned financial companies, such as BlackRock, have expressed interest in launching Bitcoin spot ETFs, creating a significant impact on the markets.
Since June, BlackRock and other large financial institutions have filed applications to launch spot Bitcoin ETFs.
The market's attention is focused on the United States Securities and Exchange Commission (SEC), which has the approval of these funds in its hands.
The market reacts immediately to every movement, as evidenced by the sharp rise in the price of Bitcoin when the BlackRock ETF was listed on the Depository Trust & Clearing Corporation.
Currently, the SEC's decision is awaited on applications from 12 companies to launch Bitcoin spot ETFs.
The approval of these funds is seen as a crucial factor for the future of Bitcoin, with experts such as Michael Saylor predicting a possible increase of up to ten times the current price of the cryptocurrency.
Looking ahead, the scenario for Bitcoin price looks encouraging, especially considering the convergence of factors such as possible ETF approval and the upcoming halving. Although the exact price is difficult to predict, there is a consensus in the financial community that the outlook points towards a bull market in the near future.
💥 !BREAKING! 💥
BEAR MARKET CONFIRMED 🥺
read bellow: 👇
So the approval of ETFs means that there will be more demand.
The $BTC will happen in ~ June this year. The #Halving2024 will decrease the newly minted BTCs.
This will create less supply.
Read this thread again!
🚀🚀🚀
#Write2Earn
BEAR MARKET CONFIRMED 🥺
read bellow: 👇
So the approval of ETFs means that there will be more demand.
The $BTC will happen in ~ June this year. The #Halving2024 will decrease the newly minted BTCs.
This will create less supply.
Read this thread again!
🚀🚀🚀
#Write2Earn
Everyone's expecting a pre-halving dump based on past performance.
But did we really dump every time?
A closer look reveals that this didn't happen at all and the single example when it did was the well-known covid crash.
~
Every cycle when Bitcoin stopped consolidating at the lows and started moving up?
It went up and didn't look back anymore with the exceptions of some natural bullish pullbacks on the market.
Once bitcoin started to make new highs it continued to do so.
The only exception to the rule?
The 2020 covid crash that coincidentally happened pre-halving.
It's the only example when Bitcoin went to revisit the lows and pulled backed greatly after it started to move up and make new highs.
It's also the only example where a black swan event happened.
And for those they don't believe it was a crash due to covid?
EVERY market made this crash at that time.
Stocks / Metals / Commodities / Crypto and more.
~
Then why is this pre-halving dump such a popular and widely known belief amongst many?
Because they look at the past without context.
They also look at the most recent example which is last cycle 2020.
They see a price dump in 2020 and take that for granted for all future events.
They don't take into account that this wasn't a bitcoin thing.
This was a whole world thing.
There's a good chance, actually an extremely likely chance that there wouldn't have been a pre-halving dump last time at all if that wouldn't have happened.
The cycles before that also justify that thought if you are a fan of taking historical price action into account.
~
Conclusion:
We have more cycles when Bitcoin didn't pre-dump after it started moving up vs having a pre-dump.
And the 1 single time it did it was due to a historical event on a global scale.
Which is extremely unreliable and unlikely to make a bet on.
#Bitcoin #Halving2024 #Write2Earn
But did we really dump every time?
A closer look reveals that this didn't happen at all and the single example when it did was the well-known covid crash.
~
Every cycle when Bitcoin stopped consolidating at the lows and started moving up?
It went up and didn't look back anymore with the exceptions of some natural bullish pullbacks on the market.
Once bitcoin started to make new highs it continued to do so.
The only exception to the rule?
The 2020 covid crash that coincidentally happened pre-halving.
It's the only example when Bitcoin went to revisit the lows and pulled backed greatly after it started to move up and make new highs.
It's also the only example where a black swan event happened.
And for those they don't believe it was a crash due to covid?
EVERY market made this crash at that time.
Stocks / Metals / Commodities / Crypto and more.
~
Then why is this pre-halving dump such a popular and widely known belief amongst many?
Because they look at the past without context.
They also look at the most recent example which is last cycle 2020.
They see a price dump in 2020 and take that for granted for all future events.
They don't take into account that this wasn't a bitcoin thing.
This was a whole world thing.
There's a good chance, actually an extremely likely chance that there wouldn't have been a pre-halving dump last time at all if that wouldn't have happened.
The cycles before that also justify that thought if you are a fan of taking historical price action into account.
~
Conclusion:
We have more cycles when Bitcoin didn't pre-dump after it started moving up vs having a pre-dump.
And the 1 single time it did it was due to a historical event on a global scale.
Which is extremely unreliable and unlikely to make a bet on.
#Bitcoin #Halving2024 #Write2Earn
👇Here's a strategy for identifying promising altcoins during this crypto cycle:🛟
Many investors are choosing the wrong altcoins, falling victim to scams or becoming liquidity for exiting holders. I learned this lesson myself in the last cycle.🛟
By shifting your approach, you can uncover potential 100x coins.💰
Instead of being drawn in by a project's apparent greatness, be skeptical. Understand that project teams have a vested interest in making their coin look attractive.
Rather than seeking reasons to buy, actively search for red flags. Question everything and scrutinize partnerships.🤝
By adopting this critical mindset, you can identify potential risks and avoid being deceived.
Differentiating yourself from the majority increases your chances of success in this space.
Follow for more insights to navigate the Bitcoin bull run and identify potential 100x opportunities.#Bitcoin #Write2Earn #Halving2024
Many investors are choosing the wrong altcoins, falling victim to scams or becoming liquidity for exiting holders. I learned this lesson myself in the last cycle.🛟
By shifting your approach, you can uncover potential 100x coins.💰
Instead of being drawn in by a project's apparent greatness, be skeptical. Understand that project teams have a vested interest in making their coin look attractive.
Rather than seeking reasons to buy, actively search for red flags. Question everything and scrutinize partnerships.🤝
By adopting this critical mindset, you can identify potential risks and avoid being deceived.
Differentiating yourself from the majority increases your chances of success in this space.
Follow for more insights to navigate the Bitcoin bull run and identify potential 100x opportunities.#Bitcoin #Write2Earn #Halving2024
#BTC #Halving2024
🚀The Halving Phenomenon: Bitcoin's Built-in Scarcity Mechanism 🚀
The article provides an insight into the Bitcoin halving event, its impact on miners and market dynamics, and the evolving nature of Bitcoin investment and valuation.
Understanding Bitcoin Halving:
With the advent of a new exchange-traded fund (ETF) and Bitcoin's price rebounding towards $50,000, the focus shifts to the anticipated mid-April Bitcoin halving. Occurring every four years after 210,000 blocks, the halving reduces miner rewards, thus upholding Bitcoin's scarcity by curbing the influx of new coins into circulation. Historically, these events have buoyed Bitcoin’s value, as they underscore the cryptocurrency's scarcity and lure fresh investment to the sector.
Halving Impact on Market Dynamics:
Examining the halving's impact from 2010 to 2024, data from CoinDesk reveals a narrowed distribution of Bitcoin returns and a market evolving from a niche interest to an institutionally-recognized asset. This maturity leads to diminishing returns and volatility over subsequent halvings, suggesting investors temper their expectations, as past performance does not guarantee future results.
The Miner's Perspective:
Halving directly influences Bitcoin miners by slicing block rewards, prompting potential industrial consolidation due to heightened competition and cost pressures. Over time, as the finite supply cap of 21 million Bitcoins is reached, mining will pivot to transaction fee-based revenues. Moreover, the advent of supporting crypto innovations offers additional revenue avenues for miners in this evolving landscape.
🚀The Halving Phenomenon: Bitcoin's Built-in Scarcity Mechanism 🚀
The article provides an insight into the Bitcoin halving event, its impact on miners and market dynamics, and the evolving nature of Bitcoin investment and valuation.
Understanding Bitcoin Halving:
With the advent of a new exchange-traded fund (ETF) and Bitcoin's price rebounding towards $50,000, the focus shifts to the anticipated mid-April Bitcoin halving. Occurring every four years after 210,000 blocks, the halving reduces miner rewards, thus upholding Bitcoin's scarcity by curbing the influx of new coins into circulation. Historically, these events have buoyed Bitcoin’s value, as they underscore the cryptocurrency's scarcity and lure fresh investment to the sector.
Halving Impact on Market Dynamics:
Examining the halving's impact from 2010 to 2024, data from CoinDesk reveals a narrowed distribution of Bitcoin returns and a market evolving from a niche interest to an institutionally-recognized asset. This maturity leads to diminishing returns and volatility over subsequent halvings, suggesting investors temper their expectations, as past performance does not guarantee future results.
The Miner's Perspective:
Halving directly influences Bitcoin miners by slicing block rewards, prompting potential industrial consolidation due to heightened competition and cost pressures. Over time, as the finite supply cap of 21 million Bitcoins is reached, mining will pivot to transaction fee-based revenues. Moreover, the advent of supporting crypto innovations offers additional revenue avenues for miners in this evolving landscape.
Be very careful dont be fooled with #BTC; price at the moment, this wont last #btctothenull not right now … soon you will see this wave catching the small fishes .. the #Halving2024 its right on the corner, please be very smart a bout your trading strategy, breath and relax #BullRunAlert wont start till late august beginning of September… your money your choice #BTCBefore2025 !
#BTC #Halving2024 #bullrun
Bitcoin halving is very close
160 days to go, ATH in 2025
The 4 years cycle is repeating
The bull is connected to halving
No golden bull before halving
Bear market over, pre bull start
Bitcoin halving is very close
160 days to go, ATH in 2025
The 4 years cycle is repeating
The bull is connected to halving
No golden bull before halving
Bear market over, pre bull start