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.
Yes. History proves it and it keeps repeating every after 4 years. That’s why when bitcoin halving is fast approaching, experienced investors will make it sure to prepare everything before halving, that is acquiring maximum amount of bitcoin at its cheapest price, knowing when halving comes, the market will eventually become bullish as expected. So if it happened from the last halving, so might as well the same scenario will take place with this upcoming bitcoin halving. Also, big institutions have been investing and promoting bitcoin so far, so that when halving finally takes place, everything will paid off, hence reaping their massive profits will always be possible. Once bitcoin supply will start to be scarce, the price will gradually increase until it eventually reaches at its peak.