0 sats \ 1 reply \ @quark 25 Nov 2023 \ parent \ on: What do you expect from this next Bitcoin halving? bitcoin
If price doesn't go up, some miners can't continue with half the revenue they were used to, and capitulate after the halving. This means less miners left with more power, so more centralization in mining which is a bad thing.
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0 sats \ 0 replies \ @elysia 25 Nov 2023
Perhaps edge cases like ordinal pumps and fat finger transactions will help for a bit. To elaborate, I do think it will cause the price to increase dramatically, but the timing will be unpredictable.
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