Crypto Megathread v36 - BITCOIN HITS ALL-TIME HIGH — Why didn’t you listen?

[Eric Silva 2.0]

Breaking News: Despite unprecedented demand, Bitcoin CEO won't postpone the halving

 

[Chesten_Hesten]

 

[Chesten_Hesten]

I don't pay attention, what's ssignificance of halving in bitcoin?






Up or down?

 

[kimocomplex]

Are we dropping bois


Is the dream over?

 

[Eric Silva 2.0]

I don't pay attention, what's ssignificance of halving in bitcoin?






Up or down?

Bitcoin has a guaranteed inflation rate written in the code. Right now it's about 1.7%. After the halving next month the inflation rate will get cut in half to ~.84%. Every four years the inflation rate gets cut in half (amount of coins produced/mined). Right now it's 900 coins per day. After the halving next month it will be 450 coins per day.

 

[Rob Battisti]

I don't pay attention, what's ssignificance of halving in bitcoin?






Up or down?

Up. Bigly.

Everyday about 900 bitcoins are mined.

In 35 days 450 will be mined daily.

Buying demand stays the same, supply halves.

There is so little supply on exchanges now that buyers will have to compete(higher prices) for the few bitcoins being mined daily.

 

[humperdoo]

here's also what can drive the demand soon for crypto projects. BTC ETF was approved by US SEC just at the beginning of this year.

well, UK FCA regulator will also approve their crypto-backed ETNs soon. i think this will be post-halving.

https://www.reuters.com/technology/uk-financial-watchdog-will-not-block-requests-crypto-exchange-traded-notes-2024-03-11/

 

[Rob Battisti]

here's also what can drive the demand soon for crypto projects. BTC ETF was approved by US SEC just at the beginning of this year.

well, UK FCA regulator will also approve their crypto-backed ETNs soon. i think this will be post-halving.

https://www.reuters.com/technology/uk-financial-watchdog-will-not-block-requests-crypto-exchange-traded-notes-2024-03-11/

Just for institutional investment though unfortunately. UK is very anti-citizen.

 

[Koya]

What you guys think about BAT, the token of the Brave Browser.

Can it pump ? It's pretty low right now between 0.3 and 0.4 and has a ATH at 1.9

I want to take a quick jab at it but seeing the reddit of the community they seem quite bitter and seems like the project isn't as hyped as 2021.

Anyone has insight?

 

[TeTe]

most likely 73.7-74k will be hit today, then maybe a drawback

if not, could be a mega pump to 145

Drawback it is

 

[Rob Battisti]

Drawback it is

Figured it would happen before another ramp up

 

[BluntForceTrama]

Bear trap

 

[BluntForceTrama]

Saylors a genius

I think his plan all along was to become the Nasdaqs BTC People dont even do DD on MSTR anymore

He was the OG ETF before it got approved.

Word is he recently sold MSTR stock a couple days ago to buy more BTC

MSTR is undervalued by a LONG shot

 

[Quadtavius Tuck]

What you guys think about BAT, the token of the Brave Browser.

Can it pump ? It's pretty low right now between 0.3 and 0.4 and has a ATH at 1.9

I want to take a quick jab at it but seeing the reddit of the community they seem quite bitter and seems like the project isn't as hyped as 2021.

Anyone has insight?

I have a ton of BAT from Brave farming

Indians figured out how to redeem and the price tanked

Would not gamble on it

 

[Koya]

I have a ton of BAT from Brave farming

Indians figured out how to redeem and the price tanked

Would not gamble on it

interesting. yeah keep seeing low enthusiasm about it. Sad because I see it as one of the few real life application coin for the layman. Accessible without any tech knowledge.

 

[Quadtavius Tuck]

interesting. yeah keep seeing low enthusiasm about it. Sad because I see it as one of the few real life application coin for the layman. Accessible without any tech knowledge.

Easily exploitable and zero adoption unfortunately

 

[Koya]

Easily exploitable and zero adoption unfortunately

wanted to make a few bucks off it before the real bull run starts. A quick 1.5x or 2x. Maybe I'll take a jab at doge instead.

 

[kimocomplex]

 

[TeTe]

$60k looms?

 

[Corona]

My meme moonshot Ninja is launching tomorrow. They’ve got some dude with 200k followers on tiltok shilling for them rn and supposedly some more big names and exchanges tomorrow. We could be blasting off soon fam. Either way I’m already up a few grand.

Hookers and blow LOOMS.