Quote from: simons_js on April 12, 2024, 10:00:57 AM

Halving is a way for satoshis to force the price of bitcoin to continue to rise over time. The fewer rewards given to miners will make bitcoins harder to obtain and rarer as time goes by.

You are perpetuating a very popular misconception. Despite the halvings, the supply continues to increase, making bitcoins easier to obtain not as rare. According to your logic, when the subsidy reaches 0, bitcoins will become unobtainable?

Quote from: Blitzboy on April 12, 2024, 11:26:12 AM

The halving process, its a genius move. Pure economics - you cut supply, demand stays the same, the price goes up.

Same misconception. The supply is always increasing.

Quote from: mk4 on April 12, 2024, 11:55:23 AM

the price increase is only a byproduct due to the decreased new supply.

Same misconception. Also, the term for "new supply" is production. The Laws of Supply and Demand don't apply to production and there are no Laws of Production and Demand.

The rising price is due to increasing demand outpacing increasing supply.