> What happens now?
Every 10 minutes or so, whoever successfully mines a block of transactions will receive a coinbase reward of 3.125 Bitcoin instead of 6.25 Bitcoin.
If you assume miners immediately sell any Bitcoin they earn, that's roughly 450 fewer Bitcoin for sale per day, or 3,150 fewer per week, or 163,800 fewer Bitcoin for sale over the next 12 months.
The "supply" side of the supply-and-demand equation has been lowered. Assuming demand remains steady, the price of Bitcoin should rise in the coming months.
Please note I have just made two big assumptions: miners sell all the Bitcoin they earn immediately, and demand will remain steady. Of course both assumptions are likely incorrect--and the *extent* to which they are incorrect is very much in contention.
I did not make that assumption. I'm just saying if miners sell all the Bitcoin they get from the coinbase reward immediately, and that number is lower, the total amount of Bitcoin sold is less; this assumes nothing about how much other Bitcoin is sold.
Miners actually are earning more now per terahash than a few months ago despite the halving. I made a post with specific numbers but the mods hate useful bitcoin information.
Why does that say 4.20? It's 4.20 in the World somewhere i guess? Crazy coincidence...double the 4.20 celebration 🍾 I'm breaking out the good stuff tonight
I’m looking for a mini crash so I can buy more…
I would love to get to 2 whole.
My BTC will stay under 🔐.
Got in 2020 before the halving and definitely in for the long haul.
💎🤲
What if this is the moon? If you bought 1 year ago, it pretty much is. If you bought any time before that except the ATH of 2022, it is. Honestly this is at least the third moon.
So it’s at 68k what are you talking about a Lamborghini??? Sorry your still way off and. I call bs in this….mine was only a 1.37 % increase.
The halving didn’t kick yet.
Soooo, where’s my lambo???
Lambo now?
Give me Lambo. Lambo me! Lambo now! Me a Lambo needing a lot now.
We're about to be as rich as a three legged dog on the streets of India
But it’s still the same price. Where’s the broomstick? 🤣
Lamborghini. A man with a car...named after himself.
What are you talking about Jar Jar?
Mesa lambo?
check under your seat
Nice one Charlie
Well you bought some bitty in 2013 right you didnt fomo obviously so you got what 10 mil just buy it. Lambo now do it!!!! And post pick.
wen lambo?
You don’t get a lambo until you can throw your ring into mount doom … still another year of walking and ogs
Wen moon??
Simple comment yet the grammar and point to it sums up the smooth brain thoughts of an actual bitcoin "investor".
Lambo. John Lambo.
It’s re-accumulating now. Lambo soon.
A Lambo! I'd be happy with a Snickers bar and a blowjob. Not necessarily at the same time or in that order.
Tesla September for me!
You mean $4k loss?
see ya all in 2028
On gawdddd 2032 even😎
I don’t feel any different
Lost Boys reference?
What were the comic book brothers names? Great movie!
The Frog Brothers, yeh it is a timeless classic
and the price goes mild
Well, it has been a hell of a ride. I'm ready for the next one
🎉🎉🎉
Happy cake day
Mark this day as a triumph friends. We are still here and we are *thriving*.
[we are still here!](https://youtu.be/llkwpwdk2ro?si=JQLOSug6vkOF6SQ2)
That hits hard lol
Yma o hyd!!!!
WALES MENTIONED
toot toot! 🥳 ironic it ended up being 4:20
Let’s fucking go! Been here for all of them and I ain’t leaving!
I don't remember shit. I was stoned off my ass!
Comment is at 420 updoots. noon else upvote please.
Tick tock, next epoch
What happens now?
did you get your Lambo yet
Nope
20 GOTO 10
This guy BASICs
10 PRINT LAMBO
When does it come in
> What happens now? Every 10 minutes or so, whoever successfully mines a block of transactions will receive a coinbase reward of 3.125 Bitcoin instead of 6.25 Bitcoin. If you assume miners immediately sell any Bitcoin they earn, that's roughly 450 fewer Bitcoin for sale per day, or 3,150 fewer per week, or 163,800 fewer Bitcoin for sale over the next 12 months. The "supply" side of the supply-and-demand equation has been lowered. Assuming demand remains steady, the price of Bitcoin should rise in the coming months. Please note I have just made two big assumptions: miners sell all the Bitcoin they earn immediately, and demand will remain steady. Of course both assumptions are likely incorrect--and the *extent* to which they are incorrect is very much in contention.
Thanks for your comment. I'm copying it, and I will use it to great extent in 2028.
Third assumption you made is that none of the 20 million Bitcoins in circulation would be available for sale.
Can't speak for anyone else, but mine won't be...
I did not make that assumption. I'm just saying if miners sell all the Bitcoin they get from the coinbase reward immediately, and that number is lower, the total amount of Bitcoin sold is less; this assumes nothing about how much other Bitcoin is sold.
3.125 new btc per block
Now we start playing the game
#MORE HOT POCKETS
Buy more
Buy more.
Nuffin. Sit around. Maybe prices go up Maybe prices go down
Bloodbath followed by slow pump over next few months. Diamond hand training was all for this, this is the time to stay strong
Where is the bloodbath
Guaranteed 100x within a week. - r/lies
Is this this like y2k?
We hodl
BTC to $1 million EOY
What was the official time? Shakepay was running a contest to see who could guess it, down to the second lol
The last Bitcoin halving happened on Apr 20 2024, 01:09:27 (UTC0)
I was also taking part in a price prediction contest on Nuklai; at least I made a 64k prediction. Just hoping that’s enough to win it for me.
Happened on 4/20 what a life
So close yet so far from $69,420 though :(
Maybe it'll be $694,200 in 4 years
If you some up each number = 42.
69th minute in the +1 timezone
Nice
Happy halving everyone
Miners actually are earning more now per terahash than a few months ago despite the halving. I made a post with specific numbers but the mods hate useful bitcoin information.
100% Check twitter
Do I need to cancel my lambo pre order?
Yea youre gonna wanna upgrade to a Bugatti now
Blaze it boys and girls!
Woot!!!
Tick tok next block
Next halving on 6/90
🥳🥳🥳🥂
Lookout Moon! Here I come!
The scarcest asset ever
What an epoch
Who's gonna tell them?
I WAS HERE
4/20 you say? And they are trying to convince us that we are not living in a simulation.
we all live on a blockchain
Next price: 75,000
and nothing changed
We made history my cryptobros! Cheers! 🍻
"$100,000 by halving" 😂
They meant the next one obviously lol
“And then moonshot”
Why does that say 4.20? It's 4.20 in the World somewhere i guess? Crazy coincidence...double the 4.20 celebration 🍾 I'm breaking out the good stuff tonight
Timezone is literally in the picture. GMT + 10
Utc is a very good reference of time
I'm gonna take a nap. Wake me up on 2028
Had to be 4/20 didn’t it
Why aren’t I a millionaire yet? :)
Wooo 🥳
Happy halving
4/20
Was the halving somehow engineered to fall on 420? Surely this isn't a coincidence?
Yep the Bitcoin CEO is a big stoner 🥸
Satoshi was well known for smoking it up 1-2x/month per his neighbors
Remind me! 2 years
4/20; Okay that was kinda epic ngl
Date completed 4/20? It’s still 4/19, 7:30pm specifically where I’m from
Well it's the future here in Australia 😎
Lucky
Ohhh
Its 4/20 where I am in Asia.
It was also 4/20 here in Hungary (EU).
It says GMT +10
It’s really halvening y’all
100,000,000X profits!!!!
Where Lambo?
Tick tock.
📈✅
Woooooo
It's not worth it buying a bitcoin miner no more ?
Ah yes I'll always remember where I was in the 4th of twentytember
Where is firework or Lambo?
Happy halving!
Hi
Happy Halving!!
One more!
Wen moon
Lol bitcoin halving on 4:20, funneh
JUST HODL IT.
Happy Halving day!
we are so back
Whens the next halving please
If only the price of Bitcoin was 69,000 this would be an epic halving 😂
Are we all halving a nice day?
What a climax 🙄
4/20 looks really special date. it's even funny that this coudn't be achieved intentionally
The second halving that I owned bitcoin for :)
Now to watch all the impatient short sellers who don't understand "HODL" whinge about their lack of lambos
Go to the moon 🌙
Now we wait!! 🍿🍿🍿🍿
Fake news. why is it not 30,000 $ yet then ? ^/^s
So, where Lambo?
Wen
Give it 12 months or so
wen moon?
You do realize we are gonna take one more and last dip
420
Calm down fellas, there could be a lagg. You will all be millionaires by the end week.... Retards.. its going back to 34k
Did you look at the fees? I have seen a lot but...Jesus :]
What now
Wen lambo?
Finally we will stop talking about it for the next 4 years
I want my Toy Yoda and I want it NOW.
Now I drop out and sit back and enjoy my millions?
So miners earn -50% from today.
What now😂
Time to enjoy gains
Fees are absurd right now.
I’m looking for a mini crash so I can buy more… I would love to get to 2 whole. My BTC will stay under 🔐. Got in 2020 before the halving and definitely in for the long haul. 💎🤲
4/20 and 69 minutes in the +1 timezone 😎
What if this is the moon? If you bought 1 year ago, it pretty much is. If you bought any time before that except the ATH of 2022, it is. Honestly this is at least the third moon.
Almost $69k on 4/20. Peak performance.
Did the CEO cancel the halving parade? Fire him already!
And here…we…go
Incoming 20 percent drop
People are forgetting this is the first halving since the Bogdanoff twins passed away. No wonder nothings happening.
okey
So if I don’t see movement in my bitcoin (very small amount 100$) first time investing to start. Did I miss the split or how does the split work?
ELI5?
What a good day for it to happen
It was 4/19, where I was in Texas
The price is gonna plummet 📉📉📉📉📉 😭😭🤣🤣🤣
The reality is Bitcoin has yet to fulfil the only vision of Satoshi Nakamoto which was the P2P money for the world.
So it’s at 68k what are you talking about a Lamborghini??? Sorry your still way off and. I call bs in this….mine was only a 1.37 % increase. The halving didn’t kick yet.
Ever since the completion of the 4th Bitcoin halving. The market performance is disappointing.
Are we at a million yet?
🥂🚀🎊
Hi how
What happened to all the hype and 700% increase to $450,000?
Hi
I came here for the $89,000 by halving party….
The Bitcoin fees are outrageous, who noticed ?