Post
Topic
Board Bitcoin Discussion
Merits 3 from 1 user
Re: Bitcoin halving and inflation
by
BlackBoss_
on 25/09/2023, 09:42:35 UTC
⭐ Merited by The Cryptovator (3)
A look at the history of halving, the first occurred in November 28, 2012. At the rate of 210, the second halving occurred in July 9, 2016. At the rate of 420, the third halving occurred in May 11, 2020. At the rate of 630. The fourth halving will occur in April 2024. At an estimated rate of 840. https://coincodex.com/article/22929/bitcoin-halving-dates/ .
I don't understand what is rate in your post, what is it? Would you mind to explain it, please?

Halving date is only estimate and many websites have halving date estimate.

1. BuyBitcoinWorldwide
2. Binance Academy
3. Gate.io
4. CoinGecko
5. BitcoinBlockHalf
6. Nicehash
7. CoinmarketCap
8. CoinWarz

Quote
with this facts and next years estimation, it is clear that bitcoin price will keep increasing, even when there's a dump in the price, it will still not affect it much. Meaning as the years goes by the probability that bitcoin will have a drastic reduction is almost impossible.
Halving is expected to help Bitcoin growing more in both adoption, trading volume and price but you should not gamble your money with halving. The market is zero sum game and if you are a gambler in it, you will lose money.