Post
Topic
Board Bitcoin Discussion
Re: Keep hodling your Bitcoin
by
YUriy1991
on 17/05/2023, 06:32:48 UTC
Well sorry to burst  your bubbles but what if the halving doesn't take play and the much speculated price hike doesn't happen? My reason for this particular question is because no one is truly sure about the proposed halving and plus the fact that bitcoin is a truly volatile currency and its decentralized which means no one actually know for certain when the halving is going to take but we are all certain of is that the price is definitely going to pump and we will experience a new ATH but that could take long, more than the much speculated next year but still yet all in all we are to make sure to hodl our coins till that time comes.

The next Bitcoin halving is scheduled to occur within a year and Historically, bull runs have always been associated with halving events for several reasons. What I see here is why mining rewards are cut. The goal is to slow down the BTC inflation rate and ensure that the supply of BTC does not exceed 21 Million. meaning this mechanism will add to the long-term value of BTC. So why think it can't happen. it's been designed and I'm eagerly awaiting this moment and your last point is correct.