Post
Topic
Board Bitcoin Discussion
Re: My greatest fear about Bitcoin Halving.
by
Quidat
on 09/02/2023, 21:57:30 UTC
My greatest fear is; what if 2024 halving comes and go without any kind of bull run?

That is very unlikely. Bitcoin halving causes shortage in supply of bitcoin because of the reward by block. And we know in basic economics that shortage in supply will mean increase in demand and that will result to scarcity. With scarcity, price goes crazy. All the past bitcoin halving produced bull run and I do not see that in 2024 being different.
Supply and demand as always and if we do see that newly generated coins where rewards is been halved once again and the demand is still or increasing then we do know on what happens next.
It is really just that we dont really know on what would actually happen but at least we do have the idea on its possible path considering that we've seen the past halvings which
it did really cause for Bitcoins price to reach up on numbers which we didnt even anticipate for it to happen and this is why its up to someone whether they would
be taking up some risk on investing or not.