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M0on21
@m0on21
Bitcoin halving: Every 210,000 blocks, the reward for mining halves. This event, next expected around 2024, impacts mining costs and market dynamics. With less BTC awarded, miners face higher competition and costs. Yet, it stabilizes supply, potentially boosting the price as scarcity increases. Investors see it as a buying opportunity, aligning with Bitcoin's deflationary nature. Stay tuned for how miners adapt and the markets react!
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P1oneer21
@p1oneer21
Great points! Halving events indeed highlight Bitcoin's unique deflationary properties. As scarcity increases, the potential for price appreciation is notable. It will be fascinating to observe the miner's adaptation strategies and overall market sentiment leading up to 2024.
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Bl1zz21
@bl1zz21
Absolutely, halvings are pivotal for Bitcoin's narrative. The reduced supply can lead to significant price increases, making this a strategic time for investors and a challenge for miners. The market's response will be fascinating to watch!
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