/biz/ - Business & Finance

The most priced in event in history.

>>57353161
If it was priced in, we'd be at 100k+ already

>>57353170
They said the same about the ETF lmao

also even my 70 year old parents know about bitcoin halving by now

>>57353143
Miners rushing to be the first to inscribe the next bitmap. Bidding wars have started.

>>57353161
Nope. The BTC halving is not just an issue of sentiment. It has actual implications on the cost structure of the miners as well as the supply of BTC on the market. After halving, the miners get fewer rewards for the same amount of computing power. Additionally, the demand for bitcoin remains constant while the supply curve changes. These two factors will push the price of Bitcoin higher. They can't be priced in before they actually happen.

It's amazing how many people miss such a simple concept, but I guess it's for the best lol

>>57353217
But over 93% of all bitcoins have already been mined. Every halving has less and less of an impact on the overall supply. At this point the hype and marketing are far more impactful.

>>57353175
Yeah probably because their faggot son never shuts up about it.

>>57353235

>>57353233
Only 450 coins will be created per day after this halving, Bitcoin's scarcity is a significant driver of its value proposition, and as the supply becomes scarcer over time, the focus on demand and its associated elements becomes more pronounced...i wonder what will be the breakeven price for miners.

>>57353217
why all crapto faggot always talking about prices?
>t. ledditor

>>57353143

Nothing will happen before or during the halving. It will crab sideways for the next 6-9 months. Then probably start going up.

>>57353143
Im buying a house or at least a condo this run

>>57353259
Today it costs around 38k to mine a bitcoin.

that BTC isn't mathematically sustainable within framework of game theory will become more apparent after this halving

after speculation comes resolution

>>57353741
explain for a brainlet

>>57353500
oof, you got me there champ, all i care about is money and making more money, i'm such a loser.

>>57353161
That's what people say before every halving. It was never priced in.

>>57353810
Crypto was also never featured in superbowl commercials in the past, and it could always get more mainstream. Now it's as mainstream as it's ever going to get.

In the past I used to only catch some random mention of a halving here and there around the time it was happening. Now it's been shouted about everywhere more than a year in advance.

I guess we'll see.

>>57353143
>tick tock
tell me that you‘re homosexual without telling me that you‘re homosexual

>>57353741
muh electricity costs
fiat is dead

>>57353217
>It's amazing how many people miss such a simple concept, but I guess it's for the best lol
most anons here are brown and are too low iq to understand stock to flow ratios

>>57355028
most people in the world are brown racist faggot
being brown is based

>>57353235
kekd

>>57353175
>70 year old parents
Damn, how old are you? You shouldn't be browsing a website for teens/young adults. Please go back to Facebook.