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Author Topic: Bitcoin total supply, halvings and future supply left for miners  (Read 259 times)
cryptoaddictchie
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November 15, 2023, 07:22:55 AM
 #21

Well lets hope for the best. Not so young to but still can wait for another 1years to enjoy and rip the profits grom altcoins and bitcoin holding but surely we dont know what happened that even with halving event we could really feel its worth. Supply and demand is really matter but this is a tech investment or volatile asset which could be surpass by something. Anyway hoping for the best for bitcoin.

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Gladitorcomeback
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November 15, 2023, 09:28:12 AM
 #22


I don't know what are your plans if you already invested in Bitcoin. Bitcoin has only 21 million coins in total supply and each four years, block subsidy halves one time.

My plan is to hold it for long term but I will use it and will take profit when I see full bull market. No doubt that due to limited supply Bitcoin price will increase every cycle but that's not mean that btc will increase flat(straight up). we will see many up and down in these 18 years. I think the better strategy is to buy some btc for long term without selling in any price for atleast ten years and half of btc should be used strategy of buying low and selling high.

If you are young enough, buy and hold your bitcoin till years like 2036, 2040 or 2044. I really believe Bitcoin will not make you disappointed.

You are right, I think old people should also save fund in btc for their younger family and this will be a great gift for them. Bitcoin journey from 2009 to until 2023 is unbelievable and didn't embarrass any investors. Your advice will work only to those who has extra fund and and this fund will not need in these period of time because sometimes we need this money in the the Bear market and missed the profit we want to get from btc.

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November 20, 2023, 01:02:41 AM
 #23

My plan is to hold it for long term but I will use it and will take profit when I see full bull market. No doubt that due to limited supply Bitcoin price will increase every cycle but that's not mean that btc will increase flat(straight up). we will see many up and down in these 18 years. I think the better strategy is to buy some btc for long term without selling in any price for atleast ten years and half of btc should be used strategy of buying low and selling high.


A relevant plan is for you to hold some for the long term and take advantage of some of the market madness and This means you can profit when prices rise, with a long position. a simple but smart step

About the ups and downs of the 18 year duration, have you counted them and are there no more after that? Yes, you can see all their past trades. I think this condition will continue because the uniqueness of BTC is that it is always presented with a volatile menu

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Seinlocko
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November 20, 2023, 02:17:33 AM
 #24

If you are young enough, buy and hold your bitcoin till years like 2036, 2040 or 2044. I really believe Bitcoin will not make you disappointed.
If the bitcoin development process remains smooth, then holding bitcoin until 2036-2044 will definitely be very profitable. Because if we only keep bitcoin for 4 years, the profits we get can be very large. So, especially if you keep bitcoin for more than 4 years, if it goes well the profits will definitely be very large. Because every four years, the price of bitcoin continues to increase quite significantly. Therefore, the longer we keep bitcoin assets, the greater the profits will likely be.

But don't forget, that holding bitcoin for a longer period of time also has risks. The reason is, the future of bitcoin is currently still limited to analysis and predictions. No one knows for sure what Bitcoin will look like in the next few years. Therefore, if you want to store bitcoins for a longer period of time, you have to do much more careful calculations and considerations. Especially in terms of capital and knowledge. So that way, at least we will be better prepared to face all the consequences.
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November 20, 2023, 03:05:24 AM
 #25

The end of that chart though.  Mining looks like it's losing its shiny luster.
I stopped mining BTC for profit a while ago I imagine TX fees will level the playing field in the future.

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December 03, 2023, 12:27:29 PM
 #26

Bitcoin's price behavior follows a fundamental economic principle of supply and demand. Here's the breakdown: when the supply decreases and demand increases, prices tend to go up. Every four years, Bitcoin undergoes a halving event. This means mining becomes more challenging, and the rewards decrease. Historically, this has led to an increase in Bitcoin's price. Additionally, Bitcoin's status as the pioneer in the crypto space instills a high level of trust among investors. It's wise to accumulate Bitcoin, regardless of whether the market is bullish or bearish, as it tends to show positive movement every four years until the total circulating supply reaches 21 million.

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Ndabagi01
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December 04, 2023, 10:56:01 PM
 #27

If you are young enough, buy and hold your bitcoin till years like 2036, 2040 or 2044. I really believe Bitcoin will not make you disappointed.

Many people here believe in bitcoin and are confident that it will not disappoint them. The main reason why people can't leave their bitcoin until 2036 is that they aren't guaranteed to live forever, and the demand and urge to satisfy their basic needs will come in once they've made some profit from their bitcoin investment. These people can always buy again after bull run and a price correction to a lower price later, and then they can jump back into the market. Even at that point, they have the potential to make a significant profit later. The amount of profit you make in bitcoin is determined by how long you are willing to wait before exiting the markets and taking your profit

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Sarah Azhari
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December 05, 2023, 01:05:02 AM
 #28

Bitcoin's price behavior follows a fundamental economic principle of supply and demand. Here's the breakdown: when the supply decreases and demand increases, prices tend to go up.
Your theory is correct! but what happens when demand also decreases? Of course, it won't be fit the theory. That theory could be work when the market also follows as today. We don't know what happen in the future, maybe something big will happen that which make the demand for Bitcoin decrease from today. As we know, supply is also very dependent with demand. Both must have balance for each other, your theory can't be work properly if lame with others. therefore bitcoin is needs massive marketing to balance supply and demand. Maybe we won't think about marketing anymore if have a country implementing Bitcoin as currency (like Elsavador), but it's hard to happen because there will definitely be a conflict of interest with the Dollar.
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January 23, 2024, 05:02:56 AM
 #29

Bitcoin operates on a fixed supply model, with a maximum limit of 21 million coins. The system includes a process known as a halving event, which occurs approximately every four years and cuts rewards for miners in half. The final Bitcoin is expected to be mined around 2140 , with miners dwindling as the remaining supply dwindles. Which makes the price of Bitcoin likely to increase. Halving events are designed to gradually reduce the rate at which new bitcoins are created, creating a shortage over time .

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