Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving effect
by
pawel7777
on 25/01/2024, 20:20:06 UTC
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.

The price cannot keep growing exponentially forever, even only due to a limited number of money in existence (well, sort of). The other factor is, the each halving has a much lesser impact on the supply side. If you look at each cycle and compare them to each other, you'll see that the growth, expressed as a percentage was lower in each cycle compared to the previous one, which is kind of obvious but there are still many retail investors hoping for x100 or more, just because it happened in the past.
We have to be realistic in our expectations. Learning from history might be a good thing, but expecting things to unfold exactly the same way every time is not.