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The Bitcoin halving often sparks confusion and debate in the cryptocurrency community. Despite the anticipation, buying activity before halving doesn't always match the fervor seen after. This raises the question: Why aren't more people taking advantage of potentially lower prices before the halving?
Another factor adding to my confusion is the aftermath of halving events. While it's assumed Bitcoin's price will surge post-halving due to decreased supply, the reality is more nuanced. After halving, it becomes more expensive to buy and mine Bitcoin, raising the question: Wouldn't it make more sense to accumulate before?
Furthermore, the unpredictability of market behavior adds uncertainty. While a bull run is expected, there's no guarantee. The psychology of market participants plays a significant role. In conclusion, the hype surrounding Bitcoin halving events raises more questions than answers. Should one buy low before or risk buying high afterward? The answer remains elusive.
I think the halving effect this time won't be the same as previous ones. I just wanted to clarify that the supply does not decrease with the halving, what decreases is the number of new coins created. The supply always increases, but now at a slower rate.
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I just wanted to clarify that the supply does not decrease with the halving, what decreases is the number of new coins created
I know this is getting down to semantics, but the sentence "I just wanted to clarify that the supply does not decrease with the halving, what decreases is the number of new coins created" isn't totally correct.
The halving is all about the supply and therefore new coins created will decrease.
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I think we both agree that the supply always increases until it reaches 21M bitcoins, right? The halving causes the supply to increase at a slower rate.
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