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Topic: Bitcoin Halving Countdown and Other Data - page 4. (Read 696 times)

legendary
Activity: 4466
Merit: 3391
September 03, 2019, 02:13:08 PM
#3

1800 BTC per day is a lot. In 256 days we will have only 900 new btc per day, which is quite interesting and will certainly impact the price.
It is hard to price in a halving before it occurs, because it affects the supply of bitcoin on exchanges.

1000000 BTC are traded every day. A change of only 900 is not going to have any impact. The halving does not lower the supply. The supply is always increasing.

It is interesting to note that while there is a common myth among Bitcoiners that a halving causes an increase in price, Litecoiners have a myth that says that a halving causes a decrease in price!
hero member
Activity: 2366
Merit: 838
September 03, 2019, 01:23:36 PM
#2
There is a price chart, with line breaks on halving days. There is interesting fact that on halving days, bitcoin price does usually not surpass it previous all time highs, but I do hope bitcoin will change its history with halving in 2020 because it seems bitcoin has stronger communities globally and bigger demands as well as blockchain and crypto currencies have not yet strange terms for people.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
September 03, 2019, 01:12:17 PM
#1
Hello all,


I just found this website https://bitcoinblockhalf.com/ with some interesting data:

Today, the halving countdown is 256 days.

Quote
Percentage of total Bitcoins mined:   85.30%
Total Bitcoins left to mine:   3,086,550
Total Bitcoins left to mine until next blockhalf:   461,550
Bitcoin price (USD):   $10,750.00
Market capitalization (USD):   $192,569,587,500.00
Bitcoins generated per day:   1,800
Bitcoin inflation rate per annum:   3.74%
Bitcoin inflation rate per annum at next block halving event:   1.80%

1800 BTC per day is a lot. In 256 days we will have only 900 new btc per day, which is quite interesting and will certainly impact the price.
It is hard to price in a halving before it occurs, because it affects the supply of bitcoin on exchanges.

Inflation rate is still very low. Global inflation rate is about 3,58 (https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/)
Next year we will be about 1/2 global inflation rate. Lets see how we go.
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