Halving is a mechanism that allows Bitcoin to have predictable inflation. Thanks to the halving, which takes place every four years, the pace at which new Bitcoin are introduced is gradually slowed down. This rule, set by Satoshi Nakamoto, the creator of Bitcoin, ensures that Bitcoin is a deflationary entity.
Since the amount of Bitcoin produced per day will decrease from 900 BTC to 450 BTC, the selling pressure created by miners will decrease in the short term. In the medium and long term, half as few Bitcoin will be released as before. It is thought that this situation will also have a positive effect on the price.
In retrospect, the post-halving rises are striking. Bitcoin had increased by 9,000 percent in the 12 months since the first halving in 2012. In 2016, this was 375 percent, while in 2020 it was 600 percent. Bitcoin's post-halving rises led to a link between the halving and price increases. #HotTopicDiscussion#
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Sakura_3434
· 2024-04-21 07:24
Thank you 🌹❤️ dear for sharing
Reply1
ANKA1606
· 2024-04-21 07:22
The explanations are really spot on. We will wait and see how long BTC will increase
Reply1
Ryakpanda
· 2024-04-21 06:46
Thank you for the info 🌹🌹🌹
Reply1
LanguageWillLoveCrybaby
· 2024-04-21 05:59
Don't take a person's past to doubt a person's essence
Reply1
CryptoENjoy
· 2024-04-21 05:57
BTC Halving to Moon 🚀
Reply1
Nunu123
· 2024-04-21 04:42
Diamond Hands 💎
Reply0
Jeo-bitcoin
· 2024-04-21 04:42
thanks for the information bro this is To Da Moon 🌕WAGMI BUIDL 💪🧐
Halving is a mechanism that allows Bitcoin to have predictable inflation. Thanks to the halving, which takes place every four years, the pace at which new Bitcoin are introduced is gradually slowed down. This rule, set by Satoshi Nakamoto, the creator of Bitcoin, ensures that Bitcoin is a deflationary entity.
Since the amount of Bitcoin produced per day will decrease from 900 BTC to 450 BTC, the selling pressure created by miners will decrease in the short term. In the medium and long term, half as few Bitcoin will be released as before. It is thought that this situation will also have a positive effect on the price.
In retrospect, the post-halving rises are striking. Bitcoin had increased by 9,000 percent in the 12 months since the first halving in 2012. In 2016, this was 375 percent, while in 2020 it was 600 percent. Bitcoin's post-halving rises led to a link between the halving and price increases. #HotTopicDiscussion#