Just checked, and we're oficially into the last 30 days before the next Bitcoin halving. It's stimated for the ~11 of May.
I can't deny the fact that it's a very hyped date, and IMO we should consider it better as a process, not an event. Nothing changes radically for the users teh day before, nor the day after. The network will keep functioning as a clockwork. Blocks every 10 minutes. Every hour, every day, every year since the 3th of January of 2009.
Some miners will feel the pain and will capitulate in the following hours. The price will adjust itself as the weeks/months keep passing... drying up the remaining unsold supply. Until there's no sellers left.
Then the real party will begin. What do you think where will be the next peak? You think that 100.000$/BTC are out of the equation or not?
Stock-to-flow model from 100trillionUSD
How do you think the world will change if we reach that kind of prices?
What a time to be alive. I consider myself very lucky. I cannot wait to see what will happen with our beloved alts. Do you think that we'll keep shitting in the pants or some money will flow into us?
BT or alts for you? (or nothing!)?
Thanks for reading, if you never checked the Stock-to-Flow article , I recommend the reading so much.
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