/biz/ - Business & Finance

I don't know

>>56970209
shhh

bihcoin gongo up, that's all that matters

>>56970209
price go up nigga thats all you need to know so buy up or watch from the sidelines

>>56970209
keep thinking on it anon and you'll be able figure out what's happening

seriously guys, people are stuck to the halving before rocketing narrative, but what is the idea WHY would halving cause the bullrun?

Hehehehhe newfags are clueless, massive buy signal

Why Bitcoin Halvings Precipitate Bull Runs
Halving events are crucial to Bitcoin's design and inherently influence its price. They involve reducing the block reward for miners by 50% roughly every four years. This event impacts the market in several ways, leading to potential bull runs:

1. Scarcity: Halving directly reduces the supply of new Bitcoins entering the market. This creates scarcity, a key driver of value in any asset. As demand remains constant or increases, the limited supply can push the price upward.

2. Anticipation: The predetermined and predictable nature of halvings fuels anticipation and excitement in the market. Investors and speculators often expect the decreased supply to lead to price increases, prompting them to buy before the event occurs. This increased demand can further contribute to a bull run.

3. Network security: Halving incentivizes increased efficiency among miners. As their rewards decrease, they need to find ways to operate more cost-effectively. This leads to increased network hashrate, which strengthens Bitcoin's security and reinforces its value proposition.

4. Media attention: Halvings are significant events that attract significant media attention. This increased awareness brings Bitcoin to a wider audience, potentially attracting new investors and further boosting demand.

5. Psychological impact: The concept of halving instills a sense of exclusivity and ownership in Bitcoin holders. Knowing that the total supply is limited and will eventually reach 21 million can create a strong hodling mentality, further reducing sell pressure and contributing to price increases.

The correlation between halvings and bull runs is not a guarantee. Other factors, like global economic conditions, regulatory changes, and technological advancements, also impact Bitcoin's price.

The price increase usually occurs in the months and years following the halving event, not immediately.

Past performance is no guarantee of future results

>>56970209
the bullrun started where it ended, in the worst of circumstances, I implore the god of bulls to get my XOR bags out of the bear war

>>56974310
Bobo shows no mercy to anyone

>>56974310
hold on tight to your card brother, be strong

>>56970209
Not profitable for miners unless price goes up. So all miners hold their coins until it's profitable. This has always been the catalyst

>>56970209
no bro the bullrun just started! trust me bro my line astrology said so!

>>56972355
thanks for that

>>56970209
Halving? bro wtf everything is fucking bumping now even blocklors Has been recently rising its population and it hasn't even IDO yet dont shit on me with this "halving" shit man