Why the halving makes Bitcoin's price go up & how high the price could go in 2024
Big fan, great work, highly appreciated. But global supply (and global demand), at any given time, don't consist only of the daily new issued Bitcoins, do they? Moreover, there are much more BTC already in existence, vs daily issued BTC, that might be / are offered for trade = much larger lever for supply than the daily new BTC? Global trading volume far exceeds 900M per month, anyway. So what am I not getting here?
Great article. Very clear and straight forward. Thanks 👍
Wonderful read, i'm excited.
I especially like the inclusion of relevant code and explanation of what it does (non-programmer here).
They'll say we were lucky
Croesus tha man
Great work 👏
Good article and graphics. Thank you!
The 3 forces that held price back - won’t these forces occur in some other form during every future cycle?
Also mentioning other potential factors that prevented blow off top:
- launch of futures BITO ETF and paper shorting suppressing price
- FTX and others fraudulently selling paper BTC and not spot BTC like they should have been, thus absorbing demand
If I’m missing others or misstated the above pls lmk! :)
We. Are. So. Early.
Do GIFs work here? I'm new. I'll try.
Awesome and informative article. thank you!
Here is our interview with the creator of Bitcoin, Satoshi Nakamoto: