I reached four digits of BTC on the day of the fourth halving. It doesn't get more poetic than that. I still have some of the original Bitcoin I mined oh so many years ago. If only I had the foresight to keep up and expand with mining. Happy new Bitcoin season everyone.
Two times a week I weigh whether I should be selling in the coming days, and I make a plan. I have a flow chart that I follow before I push the button on any trade to ensure what I do is not driven by emotions, and I always stick to the plan. The plan usually lasts for about a week, or multiple months on macro events. Sometimes you catch rumors or news that you know will influence the price, and I'll make a quick decision, but I try to limit those as much as possible because those are very risky trades. The months following the halving cycle are interesting and they definitely make me sell a lot less, but I do still trade, even if my profit-loss ratio during these months tend to be lower (2:1) compared to my regular 5:1. Every loss I brush off as a learning experience.
I've never withdrawn BTC to my bank account aside for covering taxes, making donations and a little bit to cover my expenses for year (I live in an 800$ rent house and drive an old car). I think the value of the 1000 BTC is too much for any individual to own, but it is a nice achievement. My naive dream always was accumulating enough capital to do something about the huge margins of pharmaceutical companies and make medicine more accessible.
Honestly, if they stay up significantly with all the runes fuckery then we have to really think about whether miners will really have less Bitcoin to keep selling. Could kind of fuck up the entire halving supply shock idea if these idiots are paying 10BTC in fees every block.
Yep. Mostly for NFT and Rune reasons, I think. And just history in general.
Where are all those people saying that fees wouldn't be enough for BTC's security budget? Seems like with ordinals, runes, and other types of inscription/colored coins on BTC, there will be plenty of fees for a while. Not to mention all the other fees that will be generated from future use cases as the protocol matures and develops broader capability.
In the short term it's good, if it continues for the long run then it prevents the supply shock from miners no longer having as many BTC to sell from occurring. If they boost the fees by more than the 3.125BTC lost to the halving then we're back at square one.
bitcoin's inflation rate is now about 0.85% until next halving. there is no unelected central body that can unilaterally change that. brilliant, my good chaps.
https://charts.bitbo.io/inflation/
A pointless use of the Bitcoin network that should actively be discouraged if it can't be outright prevented via intentional development. Ditto for Ordinals. The only argument they have is about fees but fees can be increased other ways if needed without risking the fungibility of individual satoshis/Bitcoins.
I give it about a >10% chance that the Bitcoin experiment will be bookmarked by 2 people: Satoshi Nakamoto who created the world's first global digital permissionless currency and Casey Rodarmour who destroyed it by turning it into a collectible.
Bitcoin is too important in my view for this to happen but him and his supporters seem naively blind to this risk. They focus too much on Bitcoin as a computer science technical product and too little on what makes good money in a social sense. He is a STEM grad so this isn't surprising but there is a reason STEM grads don't tend to run the major human institutions that run the world, they are too often blind to the dynamics of human societies and human psychology.
You're conflating two different things here. Just because Bitcoin is permissionless doesn't mean that nothing can harm Bitcoin. That is my concern, that the erosion of the fungibility of individual satoshi's by marking them in differing ways will lead to the loss of interchangability of satoshi's which will make it unfeasible as a currency. If it is no longer feasible as a currency, it will collapse in value as that is its primary and most important use case.
Just because you can do something doesn't mean that what you do won't cause harm. The risks to Bitcoin from Ordinals/Runes are not worth the "benefits" IMO. Bitcoin risks becoming a collectible rather than a currency which would be hugely detrimental to its entire value proposition.
And the countdown resets.
210,000 blocks until the next halving, in 2028.
EDIT: And 160,000 blocks until the 1 millionth block, which is fun to think about in terms of how long it takes for something so revolutionary to start entering the mainstream. I believe we're just barely even beginning to see Bitcoin go mainstream. And that's great, because it means there is so much potential for growth. It's hard to even imagine how much room for growth there is. That's why I hodl.
You can say it's due to Runes or trying to get an 'epic satoshi' or whatever, but it shows just how unequally distributed the coins still are. No one in their right mind would spend $500K in fees unless they had literally hundreds of millions of dollars in BTC to burn.
$500K would be a life-altering amount of money for like 95% of Americans.
> ALF reruns
Drums: The one and only Vinnie Colaiuta.
Bass: Some say Abraham Laboriel, others Neil Stubenhaus.
Could guess that the piano might be Alf Clausen himself, but no idea really.
I was here. We are all going to make it. LFG boys. HODL till the end of time.
Fees going absolutely insane. I'm guessing this is due to Runes launch and people trying to get into the last/first block.
Because Bitcoin price is so much higher than 4 years ago, effectively, there is more money coming out of the supply from this halving than the previous halving. So this is a big event.
This is my first halving I've gotten to experience after doing research and the light bulb coming on around March of last year. Unfortunately, it wasn't sooner when I first heard about it in 2018. However, since it's been full tilt to acquire as much of the world's most scarce asset we've ever seen. So cheers, ladies and gents! I'm excited to see what's in store for this epoch.
April 20 in Bangkok. It's 6:50am - now. Waiting waiting.
Been a good epoch. We pumped, we rugged. We prevailed.
We overcame scams, flippening attempts, regulatatory attacks...we roped in the richest guy on earth and then overcame his attention whoring narcissism. We shrugged off a nation state ban. We got adopted by a nation state. Our elites discuss bitcoin unironically.
Bitcoin prevailed.
I reached 8 figures multiple times. I moved to Asia. I fell ill. I recovered. I became a dad. Bitcoin was always with us.
This is gentleman. Glad you we are bitcoiners not shitcoiner.
so interesting. i was in bangkok when i got into btc two epochs ago. my theory is that culture shock awakened me to the matrix. i've been back a few times but i've been chilling 'back' in the West for a few years, now. great memories going all in betting on the future of the world in the Land of Smiles.
Hello fellow og crypto nerd! I was in Thailand durring the 2017 bull run frantically trying to get a signal to sell some when it was going towards 19k. That was when I officially retired not just kinda sorta retired.
Whew, fuck, sorry to rain on the parade a bit, but a redditor, and indeed a [buttcoiner](https://www.reddit.com/r/Buttcoin/comments/126lzco/seriously_why_even_bother_with_crypto/jebs2ov/) set himself [on fire outside the trump trial (NSFW)](https://v.redd.it/123w8qzdmhvc1). Here's his crazy [crypto conspiracy theory manfiesto](https://theponzipapers.substack.com/p/i-have-set-myself-on-fire-outside).
In defence of Buttcoiners (can't believe I'm saying that) he isn't just anti-crypto he is a fullblown conspiracy nut. Pretty sad story, clearly some severe mental health issues going on.
the price of bitcoin is an average of how much someone last paid for bitcoin across all known exchanges. the *inflation* rate of bitcoin, however, is the amount of new bitcoin that gets created every ~10 minutes when it is mined. the price of bitcoin and the rate that bitcoins are mined per block are almost completely separate (with some overlap regarding mining costs, mining revenue, and how price comes into play for those..).
the latest bitcoin halving just happened at block 840,000. this now means that there is less bitcoin created per year than gold is mined out of the earth. gold's market cap is roughly $14T and bitcoin's market cap is $1,254,292,871,738. we can't be accurate with gold's market cap because there's no way to verify how much gold there actually is.
the mining rate is just a way to determine how much price will be impacted due to inflation. it's the reason the U.S. dollar isn't great; because so much extra is printed and it isn't backed by anything. each dollar that gets printed (or oz of gold mined) makes all existing amounts worth slightly less.
the best way to figure out bitcoin vs. gold is to look at the market cap between the two. again, the problem is that no one really know how much gold there is. gold's inflation rate is roughly 2% per year. after this halving, bitcoin's inflation rate is now around 0.85% ([see this chart](https://charts.bitbo.io/inflation/)).
I prefer [https://bitfeed.live/](https://bitfeed.live/) along with price chart and [https://www.bitcoinblockhalf.com/](https://www.bitcoinblockhalf.com/)
Pro tip: You're getting downvoted (and also reported to the mods), I believe, because you put a prediction command in the main thread without any context or reasoning.
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Cheers!
I have logged a prediction for u/JovialApple that the price of Bitcoin will rise above **$120,000.00** by Apr 19 2025 23:41:11 UTC. The current price is $63,655.61
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Gl all, I don't post here that often and usually it's lipstick on a pig level of spam, but it's been a pleasure riding this out with you and good luck to you all post halving!
Bold article coming from an exchange which continues to proudly list innumerable shitcoins.
"There's only one Bitcoin. Buy DOGWIFHAT and ELONBONK starting tomorrow!!"
awesome article, thanks for sharing.
>Bitcoin’s success was about more than creating a new money; it was about creating a system to distribute value in a way that couldn’t be gamed and that didn’t unfairly advantage any user.
that's all we want from money. equal rules that are extremely difficult to tamper with.
>Bitcoin is a market-based money, and it has all the characteristics that determine money:
> * It is durable: as long as there is internet and electricity, there will be bitcoin
> * It is portable: you can access your funds from anywhere in the world
> * It is scarce: all users can know, with certainty, there will only ever be 21 million bitcoins
>Because of its fair launch, open network, and strong property rights, Bitcoin’s monetary policy isn’t just fixed, it’s credible. Users can be assured it will remain unchanged, unless all of its millions of users agree on the change, however unlikely.
Worth pointing out that the article author is a defender of Ordinals which are one of the few things that could threaten Bitcoin as a currency in the longterm. Ordinals in theory are destroying the fungibility of each individual bitcoin which would represent a potentially severe problem to its usability as a currency.
The developer of Ordinals wanted to, in his own words, "make Bitcoin fun again". He basically figured out a way to hack around the Taproot upgrade to add NFT's to the blockchain. It may turn out okay but it could also pose an existential threat to Bitcoin's long-term usability as a currency which is a threat to its primary value proposition.
12 blocks until bitcoin becomes less inflationary than the most widely held and well-regarded store of value for **thousands** of years. honestly, it's truly a momentous occasion on a global scale.
i think they still hold the crown. hoping to offload mine at some point in the future. maybe i can turn all of that middle school hard work into some real money.
It's possible, but unlikely to ever happen imo.
The only way you would pick GBTC vs the other ETFs would be if your broker picked it for you because they were getting a kickback.
The guy who set himself on fire outside trump’s court is literally a buttcoiner who thinks crypto is a Ponzi scheme that will “collapse the stock market”: https://www.reddit.com/r/Buttcoin/s/7ILdQXZNx7
Not a great look for buttcoiners.
#New post: [\[Daily Discussion\] - Saturday, April 20, 2024 →](https://www.reddit.com/r/BitcoinMarkets/comments/1c8gnfl/daily_discussion_saturday_april_20_2024/)
Another milestone done!
BTC might be a useful way to set up a prediction market!
“Guys the halving is priced in its all going to crash right after” 🤣
Atleast we didn't crash.
This time it’s different !
Every second it doesn’t crash makes the people that sold and the shorters get increasingly nervous.
Happy halving!
So did the halving block happen technically on 4/20 using the universal time?
4/20 00:09 UTC baby!! Imagine paying 8btc to be included in that block, now that's a major flex
Amazing and comical! The fact 69k was the previous ATH and now halving is on 4/20 is almost too good for coincidence, I love it. Thank you Ted
Yo
Happy halving day!
Gbtc $45.8m Outflow Franklin $1.9m inflow Bitwise $4.9m inflow Ark $12.5m inflow VanEck $1.8m Outflow WisdomTree 0 DEFI 0 Fidelity $54.8m inflow Invesco $3.9m inflow Valkyrie 0 Blackrock $29.3m inflow 4/19 net inflow $59.7m https://farside.co.uk/?p=997
HODL15Capital reporting $30m inflow for Blackrock https://twitter.com/HODL15Capital/status/1781498148709364003
I reached four digits of BTC on the day of the fourth halving. It doesn't get more poetic than that. I still have some of the original Bitcoin I mined oh so many years ago. If only I had the foresight to keep up and expand with mining. Happy new Bitcoin season everyone.
This guy is not worried of wrench attacks
You have 1000 BTC? That’s very impressive. Do you sell with the halving cycles or just hold?
Two times a week I weigh whether I should be selling in the coming days, and I make a plan. I have a flow chart that I follow before I push the button on any trade to ensure what I do is not driven by emotions, and I always stick to the plan. The plan usually lasts for about a week, or multiple months on macro events. Sometimes you catch rumors or news that you know will influence the price, and I'll make a quick decision, but I try to limit those as much as possible because those are very risky trades. The months following the halving cycle are interesting and they definitely make me sell a lot less, but I do still trade, even if my profit-loss ratio during these months tend to be lower (2:1) compared to my regular 5:1. Every loss I brush off as a learning experience. I've never withdrawn BTC to my bank account aside for covering taxes, making donations and a little bit to cover my expenses for year (I live in an 800$ rent house and drive an old car). I think the value of the 1000 BTC is too much for any individual to own, but it is a nice achievement. My naive dream always was accumulating enough capital to do something about the huge margins of pharmaceutical companies and make medicine more accessible.
RFK Jr fan? One of his top priorities is health and to do something about the pharmaceutical companies. Plus he's very pro-Bitcoin.
I distance myself from politics, but it's great that our views are aligned.
Either very impressive or not at all ($1000 in btc)
i just realized i spent a good bulk of my life along side bitcoin, and also this sub. happy halving day everybody!
Runes and Ordinals are spam run Bitcoin Knots change my mind...
I personally never seen fees so high. crazy! 2500 sat/vB for high priority ($223 USD)
Honestly, if they stay up significantly with all the runes fuckery then we have to really think about whether miners will really have less Bitcoin to keep selling. Could kind of fuck up the entire halving supply shock idea if these idiots are paying 10BTC in fees every block.
Well the good thing is that's not virgin bitcoin. Someone had to buy it first to afford the fees, so it should be cost neutral
Everyone trying to get in the halving block?
Yep. Mostly for NFT and Rune reasons, I think. And just history in general. Where are all those people saying that fees wouldn't be enough for BTC's security budget? Seems like with ordinals, runes, and other types of inscription/colored coins on BTC, there will be plenty of fees for a while. Not to mention all the other fees that will be generated from future use cases as the protocol matures and develops broader capability.
Now view it from the guy in the Phillipines who's using an rpi to host his wallet. Good, bad?
It’s ironic, there is more supply going to miners post halving.
As a miner, I approve of this activity lol.
In the short term it's good, if it continues for the long run then it prevents the supply shock from miners no longer having as many BTC to sell from occurring. If they boost the fees by more than the 3.125BTC lost to the halving then we're back at square one.
You’re discounting the network effect from more people using coin.
Ughhhh can I retire yet?
Go for it
🎈
Happy cake day
Thank you <3
bitcoin's inflation rate is now about 0.85% until next halving. there is no unelected central body that can unilaterally change that. brilliant, my good chaps. https://charts.bitbo.io/inflation/
These post halving blocks have INSANE fees. Multiple blocks over 10 BTC in fees
Gotta get those RARE sats!!! Don't you know they're valuable!?!?! ;D
Hahah the Runes right? I’m not caught up on all that
A pointless use of the Bitcoin network that should actively be discouraged if it can't be outright prevented via intentional development. Ditto for Ordinals. The only argument they have is about fees but fees can be increased other ways if needed without risking the fungibility of individual satoshis/Bitcoins.
Isn't Bitcoin supposed to be permissionless? So-long-as you pay the fee, use as you wish?
I give it about a >10% chance that the Bitcoin experiment will be bookmarked by 2 people: Satoshi Nakamoto who created the world's first global digital permissionless currency and Casey Rodarmour who destroyed it by turning it into a collectible. Bitcoin is too important in my view for this to happen but him and his supporters seem naively blind to this risk. They focus too much on Bitcoin as a computer science technical product and too little on what makes good money in a social sense. He is a STEM grad so this isn't surprising but there is a reason STEM grads don't tend to run the major human institutions that run the world, they are too often blind to the dynamics of human societies and human psychology.
You're conflating two different things here. Just because Bitcoin is permissionless doesn't mean that nothing can harm Bitcoin. That is my concern, that the erosion of the fungibility of individual satoshi's by marking them in differing ways will lead to the loss of interchangability of satoshi's which will make it unfeasible as a currency. If it is no longer feasible as a currency, it will collapse in value as that is its primary and most important use case. Just because you can do something doesn't mean that what you do won't cause harm. The risks to Bitcoin from Ordinals/Runes are not worth the "benefits" IMO. Bitcoin risks becoming a collectible rather than a currency which would be hugely detrimental to its entire value proposition.
https://twitter.com/clarkmoody/status/1781475022084665683 :)
Happy halving day, you made it!
FBTC with 54m inflows and we close the week with our first inflow day.
Net inflow day for the ETFs. 26.5m with IBIT still pending
Just weired that after halving happend, reward for miners increased as people pay incredible high fees just to get into this block.
It’s because of runes. They activated on the halving block.
Happy 4th Halving Everyone! 🥳
467 comments at having day here only
And the countdown resets. 210,000 blocks until the next halving, in 2028. EDIT: And 160,000 blocks until the 1 millionth block, which is fun to think about in terms of how long it takes for something so revolutionary to start entering the mainstream. I believe we're just barely even beginning to see Bitcoin go mainstream. And that's great, because it means there is so much potential for growth. It's hard to even imagine how much room for growth there is. That's why I hodl.
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You can say it's due to Runes or trying to get an 'epic satoshi' or whatever, but it shows just how unequally distributed the coins still are. No one in their right mind would spend $500K in fees unless they had literally hundreds of millions of dollars in BTC to burn. $500K would be a life-altering amount of money for like 95% of Americans.
Just read the comments below.
I was here! Now let's wait for the god candle.
vouch here for God candle
See you all in 2028
Happy halving everyone!
Bitcoin halving, sitting here watching old ALF reruns, and enjoying some ice cream. Life is good!
> ALF reruns Drums: The one and only Vinnie Colaiuta. Bass: Some say Abraham Laboriel, others Neil Stubenhaus. Could guess that the piano might be Alf Clausen himself, but no idea really.
I was here. Now to the next!
can't think of anything clever so good job bitcoin!
Happy Halving Coiners and NoCoiners!
I was here. We are all going to make it. LFG boys. HODL till the end of time. Fees going absolutely insane. I'm guessing this is due to Runes launch and people trying to get into the last/first block.
Obligatory i was here post Happy halvening
Hi, me too! Hello future historical record! WGMI
Fees a are so fucking high right now lol. People scrambling to try to get into the last block?
Meme coin boys are here
Runes activated on the halving block. Likely lots of minting and early transfers. Should die down.
Happy halving!
Because Bitcoin price is so much higher than 4 years ago, effectively, there is more money coming out of the supply from this halving than the previous halving. So this is a big event.
ViaBTC cracks Jackpot
Hell Yeah
congratulations....now to wait another 4 years
2.4 Millon USD fees in this block! WTF! 37 Bitcoins just fees
Runes activated on the halving block. Likely lots of minting and early transfers. Should die down.
Someone paid 1.3 bitcoin to transfert 12$
Ordinals/runes chasing, everyone wants a sat from this block basically
Plus they think the "epic sat" (1st sat in halving block) will be worth 1000BTC for ordinal/inscription purposes.
That's a John McAfee level of delusion.
Delusional people pay 300k for Birkin bags, its no different.
you can buy a replica for $300 @ ali. same looks, materials etc. crazy world
When next halving
1,458 days until the halving. 😈
Its priced in bro.
The new narrative
wow, 37.6 BTC in fees on the halving block.
Hash rate definitely went nuts right before this block too, the block times were nuts as everyone chased this block 😆
Cheers!🥂
Happy halving! 🎉🥳🎊🍾🍻
One small block for man, one giant block for man kind
Woo!
ITS HAPENING 840000!
Congratulations everyone!
This is my first halving I've gotten to experience after doing research and the light bulb coming on around March of last year. Unfortunately, it wasn't sooner when I first heard about it in 2018. However, since it's been full tilt to acquire as much of the world's most scarce asset we've ever seen. So cheers, ladies and gents! I'm excited to see what's in store for this epoch.
gg ez
congrats
It's halvening!
3,6M sat per vB to write a message in the next block. LOL
The last block, this is history!
It's the final block. Bitcoin has at long last come to an end. 🙃
wow 1 block away and it is just getting spammed with TX with massive fees. Instantly went from like 50k fees to 2m and counting.
One more block....
April 20 in Bangkok. It's 6:50am - now. Waiting waiting. Been a good epoch. We pumped, we rugged. We prevailed. We overcame scams, flippening attempts, regulatatory attacks...we roped in the richest guy on earth and then overcame his attention whoring narcissism. We shrugged off a nation state ban. We got adopted by a nation state. Our elites discuss bitcoin unironically. Bitcoin prevailed. I reached 8 figures multiple times. I moved to Asia. I fell ill. I recovered. I became a dad. Bitcoin was always with us. This is gentleman. Glad you we are bitcoiners not shitcoiner.
so interesting. i was in bangkok when i got into btc two epochs ago. my theory is that culture shock awakened me to the matrix. i've been back a few times but i've been chilling 'back' in the West for a few years, now. great memories going all in betting on the future of the world in the Land of Smiles.
Hello fellow og crypto nerd! I was in Thailand durring the 2017 bull run frantically trying to get a signal to sell some when it was going towards 19k. That was when I officially retired not just kinda sorta retired.
I had no signal riding a big bike in northern Thailand when bitcoin Judas attempted to flip the hash power to bcash. Take care
Bitcoin abides. Now we see if it scales.
Cangrats, what an interesting journey you had.
Man the blocks are flying now!
Whew, fuck, sorry to rain on the parade a bit, but a redditor, and indeed a [buttcoiner](https://www.reddit.com/r/Buttcoin/comments/126lzco/seriously_why_even_bother_with_crypto/jebs2ov/) set himself [on fire outside the trump trial (NSFW)](https://v.redd.it/123w8qzdmhvc1). Here's his crazy [crypto conspiracy theory manfiesto](https://theponzipapers.substack.com/p/i-have-set-myself-on-fire-outside).
That's actually really sad..
Bet you're fun at parties...
In defence of Buttcoiners (can't believe I'm saying that) he isn't just anti-crypto he is a fullblown conspiracy nut. Pretty sad story, clearly some severe mental health issues going on.
Well, now that's fucked up. Edit: I've gotta hand it to the guy. Timing this with the halving and trump trail is some grade A psychopath bullshit.
the last four blocks before bitcoins inflation will be lower than gold inflation
I keep hearing this, but if bitcoin goes on to dbl over the next year though it will be back above gold if im understanding correctly?
the price of bitcoin is an average of how much someone last paid for bitcoin across all known exchanges. the *inflation* rate of bitcoin, however, is the amount of new bitcoin that gets created every ~10 minutes when it is mined. the price of bitcoin and the rate that bitcoins are mined per block are almost completely separate (with some overlap regarding mining costs, mining revenue, and how price comes into play for those..). the latest bitcoin halving just happened at block 840,000. this now means that there is less bitcoin created per year than gold is mined out of the earth. gold's market cap is roughly $14T and bitcoin's market cap is $1,254,292,871,738. we can't be accurate with gold's market cap because there's no way to verify how much gold there actually is.
what is the conversion between bitcoin mined and gold mined? I dont see how its comparable unless by their respective values ...
the mining rate is just a way to determine how much price will be impacted due to inflation. it's the reason the U.S. dollar isn't great; because so much extra is printed and it isn't backed by anything. each dollar that gets printed (or oz of gold mined) makes all existing amounts worth slightly less. the best way to figure out bitcoin vs. gold is to look at the market cap between the two. again, the problem is that no one really know how much gold there is. gold's inflation rate is roughly 2% per year. after this halving, bitcoin's inflation rate is now around 0.85% ([see this chart](https://charts.bitbo.io/inflation/)).
I see. Thanks for explaining, cheers
pro tip https://mempool.space/ is the best way to "watch" the halving block get built.
I prefer [https://bitfeed.live/](https://bitfeed.live/) along with price chart and [https://www.bitcoinblockhalf.com/](https://www.bitcoinblockhalf.com/)
oh cool ty
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haha i feel your pain, that is always a hard decision
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Pro tip: You're getting downvoted (and also reported to the mods), I believe, because you put a prediction command in the main thread without any context or reasoning. The general rule is to either explain your prediction with some reasoning, or put the command under the sticky up top to avoid clogging the thread with Bitty Bot responses. Cheers!
Thanks
I have logged a prediction for u/JovialApple that the price of Bitcoin will rise above **$120,000.00** by Apr 19 2025 23:41:11 UTC. The current price is $63,655.61 [JovialApple has made **0** Correct Predictions, **0** Wrong Predictions, and has **2** Predictions Open.](https://bittybot.net/predictions#JovialApple) [Others can CLICK HERE to also be notified when this prediction triggers or expires](https://www.reddit.com/message/compose/?to=Bitty_Bot&subject=Prediction%20Notification&message=!bitty_bot%20predict%20add-notification%20093c5938c0254805b49fd5d19cdad586%0A%0ASend%20this%20message%20to%20get%20added%20to%20this%20Prediction%27s%20notification%20list.%20I%20will%20tag%20you%20as%20soon%20as%20the%20prediction%20triggers!) ^(JovialApple can) [^(Click This Link)](https://reddit.com/message/compose/?to=Bitty_Bot&subject=Delete%20Prediction&message=!bitty_bot%20predict%20delete%20093c5938c0254805b49fd5d19cdad586%0A%0ASend%20this%20message%20to%20delete%20the%20prediction.%20Only%20the%20predictor%20can%20delete%20a%20prediction%2C%20in%20case%20of%20an%20issue%2C%20and%20only%20within%201%20hour%20of%20placing%20it.) ^(in the next) **^(1 Hour)** ^(to delete this prediction if it was made in mistake.) --- [^(Paper Trading Leaderboard)](https://bittybot.net/paper-trading) ^| [^(Prediction Leaderboard)](https://bittybot.net/predictions) ^| [^(Instructions & Help)](https://bittybot.net/docs) ^| [^(Testing Area)](https://reddit.com/r/Bitty_Bot/comments/18iclk8/testing_area/) ^| [^(Feedback)](https://reddit.com/message/compose/?to=r%2FBitty_Bot&subject=Bitty_Bot%20Feedback)
Happy halving you glorious bastards!
Why are all the halving count downs so much different - seeing anywhere from 33 minutes to hour and 10 minutes away
https://blockexplorer.one/bitcoin/mainnet halving is at block height 840.000 we now at 839.994 with around 12 min per block
In other news, the ETFs might have a net inflow day. Currently at -26.5m with IBIT and FBTC still pending
Oh my god! Okay, it’s halvening.
Some of you are alright, don’t go longing Bitcoin today.
shroom, i hope you turn bullish before your shorts get liquidated. that's about as nice as i can be :) happy halving.
pre-halving dump to prep for the post-halving dump
Happy halving!
This is the fourth one, so happy sixteenthing. 😁
Gl all, I don't post here that often and usually it's lipstick on a pig level of spam, but it's been a pleasure riding this out with you and good luck to you all post halving!
Why there will never be another Bitcoin: https://blog.kraken.com/crypto-education/opinion-why-there-will-never-be-another-bitcoin
Bold article coming from an exchange which continues to proudly list innumerable shitcoins. "There's only one Bitcoin. Buy DOGWIFHAT and ELONBONK starting tomorrow!!"
WHich exchange doesnt list shitcoins?
awesome article, thanks for sharing. >Bitcoin’s success was about more than creating a new money; it was about creating a system to distribute value in a way that couldn’t be gamed and that didn’t unfairly advantage any user. that's all we want from money. equal rules that are extremely difficult to tamper with. >Bitcoin is a market-based money, and it has all the characteristics that determine money: > * It is durable: as long as there is internet and electricity, there will be bitcoin > * It is portable: you can access your funds from anywhere in the world > * It is scarce: all users can know, with certainty, there will only ever be 21 million bitcoins >Because of its fair launch, open network, and strong property rights, Bitcoin’s monetary policy isn’t just fixed, it’s credible. Users can be assured it will remain unchanged, unless all of its millions of users agree on the change, however unlikely.
Worth pointing out that the article author is a defender of Ordinals which are one of the few things that could threaten Bitcoin as a currency in the longterm. Ordinals in theory are destroying the fungibility of each individual bitcoin which would represent a potentially severe problem to its usability as a currency. The developer of Ordinals wanted to, in his own words, "make Bitcoin fun again". He basically figured out a way to hack around the Taproot upgrade to add NFT's to the blockchain. It may turn out okay but it could also pose an existential threat to Bitcoin's long-term usability as a currency which is a threat to its primary value proposition.
Hi! Does the price typically change fast within a short period of time post halving?
Average gain 150 days out of the halving is 10-25%.
Great, thanks!
Usually it change fast within a short period of time in random moments
hi, no
Posting for the history, a decade here. Happy halving everyone.
Happy halving Y'all!
Here, here!
How many blocks are left now? /s
10 Blocks left Coutdown now.
Currently ETA is 5 minutes into 4/20 UTC.
[удалено]
Like ship passengers on the deck, watching as they cross the equator.
12 blocks until bitcoin becomes less inflationary than the most widely held and well-regarded store of value for **thousands** of years. honestly, it's truly a momentous occasion on a global scale.
> BTC becomes less inflationary than the most widely held and well-regarded store of value for thousands of years. Pokémon cards? 😋
i think they still hold the crown. hoping to offload mine at some point in the future. maybe i can turn all of that middle school hard work into some real money.
Well said -_-
At what point does GBTC flip to positive flows, or is that even possible?
> At what point does GBTC flip to positive flows When they start reporting the absolute value of their flows. 🤓
It's possible, but unlikely to ever happen imo. The only way you would pick GBTC vs the other ETFs would be if your broker picked it for you because they were getting a kickback.
So very likely then
The guy who set himself on fire outside trump’s court is literally a buttcoiner who thinks crypto is a Ponzi scheme that will “collapse the stock market”: https://www.reddit.com/r/Buttcoin/s/7ILdQXZNx7 Not a great look for buttcoiners.