Latest news in crypto? - page 3. | Bitcointalksearch.org

NeuroticFish

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Quote from: nngella on March 02, 2024, 08:40:56 AM

Is the halving good in Bitcoin? What is the main benefit of it?

It becomes more expensive (2x) to mine Bitcoin (one gets half of the amount for same effort and electricity). And as the miners tend to be the ones selling the bigger amounts of bitcoin (to support their business' expenses, for example), it translates sooner or later into an increase of the price.

Many consider the price of Bitcoin as made of 2 components: the price of mining it and the speculation related extra. I agree to them. This being said, on the long term the ETF may be the one that could reduce the volatility. But that will happen only after some rounds of competition in accumulation (i.e. possibly even wilder volatility for the first 4-years cycle).
But I am no expert, I just express my logic and expectations. I may be right, or I may be wrong. Time will tell.

PS. In the "what's new", it's not just the ETF and halving. I would add as kind of news the ordinals (kind of NFT on Bitcoin blockchain) and COPA vs CSW trial.

nngella

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Quote from: Amphenomenon on March 02, 2024, 07:27:24 AM

Quote from: nngella on March 02, 2024, 06:30:45 AM

I just want to ask what is the "new" or "hype" thing this time? Last time was the introduction of NFT, what about this time? Or are there any specific reason why Bitcoin is in the bull run right now? Is it because of the halving or the ETF?

Bitcoin is bullish because its bullish season while the acceptance of ETF as influences it price to surge more even in the bull but the next big thing coming up for bitcoin is the halving next month though I'm still standing with my prediction of seeing a new ATH before halving.

Is the halving good in Bitcoin? What is the main benefit of it? As I understand, A Bitcoin halving is about cutting the rate at which new bitcoins are released into circulation in half. Does this mean that Bitcoin will become less volatile after the halving? If that will be case, then this is a good improvement since one of the concerns of investors is the volatility of Bitcoin which discourages people to fully trust it and invest their money.

Amphenomenon

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Hope Jeremiah 17vs7

Quote from: nngella on March 02, 2024, 06:30:45 AM

I just want to ask what is the "new" or "hype" thing this time? Last time was the introduction of NFT, what about this time? Or are there any specific reason why Bitcoin is in the bull run right now? Is it because of the halving or the ETF?

Bitcoin is bullish because its bullish season while the acceptance of ETF as influences it price to surge more even in the bull but the next big thing coming up for bitcoin is the halving next month though I'm still standing with my prediction of seeing a new ATH before halving.

I hope you don't mean the hype from NFTs help bitcoin price to surge before because that's far from it, NFTs was not even built on Bitcoin Network while last year there was an introduction of Ordinal NFTs to the Bitcoin network but this was more of a pest because it allowed spammers to spam the Bitcoin Network and then we were affected by an absurd amount for transaction fee, though now another annoying news trending is the selling of testnet bitcoin which should be absolutely free

nngella

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Hello, since bitcoin is on the bullish side again, I permit myself to read and research again about crypto (quite busy nowadays because of work and post-graduate study hence time is precious). So far, bounty campaigns and air drops are lively again and I hear my friends getting big rewards recently.

I just want to ask what is the "new" or "hype" thing this time? Last time was the introduction of NFT, what about this time? Or are there any specific reason why Bitcoin is in the bull run right now? Is it because of the halving or the ETF?

Thanks in advance.

Topic: Latest news in crypto? - page 3. (Read 462 times)