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🟠 Progress of the #Bitcoin Halving: 96% ⏰
Halving Block: 840,000
Estimated Days Remaining: 56
Estimated Date: April 20, 2024
Halving Block: 840,000
Estimated Days Remaining: 56
Estimated Date: April 20, 2024
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Bitcoin 24 hour exchange
Precisely.
NEW: 🇪🇺 The European Central bank released their latest 'blog' saying that Bitcoin failed 🧐
All while their meme coin doesn't seem to be doing so great 🤣
#TrendingTopic #Write2Earn
All while their meme coin doesn't seem to be doing so great 🤣
#TrendingTopic #Write2Earn
💥💥 Only 2 Days(48 Hours) left 888$ Wait 🔚🔚
⏪⏪ Steps by step guide 💥💥
How to Participate :
1.💴 You have only one dollar must be available 💲
2. 💲Go 1$ game 💲
3. 🆓Pay fee And Participate 🆓
4. 👉2 Days Later Binance Announcement the winner 👈
5.🎁Will 1$ be Refunded to Users who do not win🎁
#888usdt #TrendingTopic
⏪⏪ Steps by step guide 💥💥
How to Participate :
1.💴 You have only one dollar must be available 💲
2. 💲Go 1$ game 💲
3. 🆓Pay fee And Participate 🆓
4. 👉2 Days Later Binance Announcement the winner 👈
5.🎁Will 1$ be Refunded to Users who do not win🎁
#888usdt #TrendingTopic
🟠 If you bought Bitcoin with the $1400 of your stimulus check in 2020 you'd now have ~$10,200 worth of Bitcoin 👀
#Write2Earn
#Write2Earn
#Write2Earn
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin's halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked transformative waves across the crypto scene. Knowing what we've learned from previous halvings, we're set to steer ahead with a keen eye, making sure our moves are shaped by those insights. But is this upcoming halving any different? Let’s figure it out.
FROM DIGITAL GOLD TO RARE PLATINUM: BITCOIN'S STORY OF INCREASING SCARCITY AND VALUE
Bitcoin design is all about making BTC less and less available over time, keeping inflation in check. There’s a set cap of 21 million Bitcoins to ever exist, and we’ve already hit the 19.62 million mark. The scarcity of Bitcoin, with its strictly limited release into the market, is a major reason why people call it “digital gold” – as both these assets have that "hard to come by" quality.
Thinking of the Bitcoin blockchain as a ticking clock, we can see that halving occurs every 210,000 blocks, or about every four years, with the reward for mining new blocks getting chopped in half. It’s been this way since Bitcoin’s kick-off in 2009, starting at 50 BTC per block and heading down to 3.125 BTC in 2024.
The Stock-to-Flow ratio, which compares existing supply to new coins coming in, shows Bitcoin is about to get rarer than a platinum album. By 2032, after the 2024 and 2030 halvings, Bitcoin’s scarcity will soar, so it will be even more of a gem than gold.
Bitcoin’s Post-Halving Growth Patterns
Let's take a stroll down Bitcoin's memory lane. After each halving, Bitcoin's price has skyrocketed. Post the 2012 halving, just 100 days later, the market cap exploded by 342%. Even more impressive, the peak price hit a staggering $1,152 the next year, an 8,761% leap. Flash forward to 2016: rewards halved from 25 to 12.5 BTC, and the price soared to $17,760 the following year, a 2,572% jump. The most recent halving in 2020 saw the reward drop to 6.25 BTC
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin's halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked transformative waves across the crypto scene. Knowing what we've learned from previous halvings, we're set to steer ahead with a keen eye, making sure our moves are shaped by those insights. But is this upcoming halving any different? Let’s figure it out.
FROM DIGITAL GOLD TO RARE PLATINUM: BITCOIN'S STORY OF INCREASING SCARCITY AND VALUE
Bitcoin design is all about making BTC less and less available over time, keeping inflation in check. There’s a set cap of 21 million Bitcoins to ever exist, and we’ve already hit the 19.62 million mark. The scarcity of Bitcoin, with its strictly limited release into the market, is a major reason why people call it “digital gold” – as both these assets have that "hard to come by" quality.
Thinking of the Bitcoin blockchain as a ticking clock, we can see that halving occurs every 210,000 blocks, or about every four years, with the reward for mining new blocks getting chopped in half. It’s been this way since Bitcoin’s kick-off in 2009, starting at 50 BTC per block and heading down to 3.125 BTC in 2024.
The Stock-to-Flow ratio, which compares existing supply to new coins coming in, shows Bitcoin is about to get rarer than a platinum album. By 2032, after the 2024 and 2030 halvings, Bitcoin’s scarcity will soar, so it will be even more of a gem than gold.
Bitcoin’s Post-Halving Growth Patterns
Let's take a stroll down Bitcoin's memory lane. After each halving, Bitcoin's price has skyrocketed. Post the 2012 halving, just 100 days later, the market cap exploded by 342%. Even more impressive, the peak price hit a staggering $1,152 the next year, an 8,761% leap. Flash forward to 2016: rewards halved from 25 to 12.5 BTC, and the price soared to $17,760 the following year, a 2,572% jump. The most recent halving in 2020 saw the reward drop to 6.25 BTC
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