When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?
And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?
I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.
Bitcoin's total circulating supply and block rewards are getting cut in half and you're asking if the value of bitcoin will increase in value when it happens? Like literally you should go get an economics book or something cause unless bitcoin drops to zero before the halving, there's no reason for it to remain in a 30k valuation in 2024. Like literally even without the people buying into it or a bull run just the fact that the total supply of bitcoin's gonna be less is more than enough to drive the price of a bitcoin higher.
Don't worry bout any institution bullshit, they are way over in their head themselves and bitcoin's not about to confide itself with any particular institution, at least it doesn't need to.