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25 sats \ 1 reply \ @faithandcredit 29 Sep 2022 \ on: 60% of the way to the next halving! bitcoin
This coming halving is going to be one of the most significant ones in Bitcoin history.
Either BTC will go to the absolute moon more than anyone anticipated, or it will crash more than anyone expects, or it will do nothing, what so ever. Either way, it will be controversial
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0 sats \ 0 replies \ @cryptocoin OP 29 Sep 2022
At block 840,000 (expected to occur around May, 2024) the bitcoin currency stock inflation rate will drop from the rate of 1.67% per year to the rate of 0.83% per year.
Controlled supply https://en.bitcoin.it/wiki/Controlled_supply
With each halving the decrease in the rate of currency stock inflation becomes less and less. Wider usage as a store of value and further progress towards mass adoption as a payment method will add much greater upward pressure on the price than the halving, in my opinion.
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