After halving, ~50% of all newly mined Bitcoin will be absorbed by just two companies: GBTC and Square This ignores the 30million Coinbase customers, people investing via RobinHood, eToro, etc. etc ... but tell me again how halving is priced in.
Simple thinking. Every halving will move the bottom #bitcoin
price higher for the following 4 years.
-
-
if there is demand... not the halving pumps up the price ONLY demand!
-
No reason to assume demand will halve.
End of conversation
New conversation -
-
-
On Bitfinex whale have many longs bitcoins. It’s next joke from your exchange, yep?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.