The halving creates a miraculous time of tremendous opportunity, one which theoretically will reach exhaustion at some point. Many people are convinced that 2025 is the year that the bullruns stop. They argue that there won't be enough of an impact from the halving. I would argue that barring outright economic collapse there will be another bull run, just like there was in 2013, 2017 and 2021. Let's look at some numbers: Pre-halving: 6.25 BTC mined per block. 900/day 900 x $27,500 = $24,750,000 44M unique addresses (26M more than 2020) and 250,000 confirmed transactions daily https://explodingtopics.com/blog/blockchain-stats "The Chinese are coming" (and I'm sure the "Saudis are (still) buying"). The impact of this cannot be underestimated. Maybe it takes a while to kick in and I'm sure they'll ban it again soon enough, but it will have an effect. Plus, the halving creates hype and brings other new users. When BTC touches $50K again, ...
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