Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving effect
by
kryptqnick
on 25/01/2024, 17:10:52 UTC
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Even for those who want short term goals could easily see their investments grow like crazy by next halving which be in 2028.

"Those that fail to learn from history are doomed to repeat it"

This is just something i thought i would share with the community if someone wasn't aware but let me know what you believe and also please feel to share your thoughts on this even if you disagree with whatever i've said above.
The growth wasn't necessarily due to supply shock, as you put it. Growth seems to happen after halving, but not immediately after it, and perhaps it can't even be directly attributed to it. It can be just FOMO due to being reminded that fewer and fewer coins are entering the total supply, or just increased demand because of some Bitcoin cycles taking a certain period of time. It's not so easy to measure, and there haven't been many halvings to say that it's a strong correlation. Halvings will keep happening, but I think Bitcoin would grow by 2028 even if the halvings stopped all of a sudden.