Bitcoin Halving Explained Simple - Does it Affect Bitcoin's Price?
ฝัง
- เผยแพร่เมื่อ 9 มิ.ย. 2024
- Start trading Bitcoin and cryptocurrency here: bit.ly/3s8R9O3
Every 4 years on average (210K blocks) the reward granted to Bitcoin miners for adding a block to the blockchain is cut in half. The Bitcoin halving was designed by Satoshi Nakamoto to keep Bitcoin’s inflation in check.
Since the halving basically cuts the supply of new Bitcoins in half, many believe this event will have a dramatic effect on Bitcoin’s price.
That’s the Bitcoin halving in a nutshell. If you want a more detailed explanation Halving keep on watching, here’s what I’ll cover:
0:46 - Bitcoin mining in a nutshell
1:21 - What is Bitcoin halving?
1:37 - Halving timeline
2:07 - Why halve the mining reward?
3:30 - Does the halving affect Bitcoin's price?
4:33 - Bitcoin's scarcity
4:54 - Conclusion
For the complete text guide visit:
bit.ly/2PqJAzq
Join our 7-day Bitcoin crash course absolutely free:
bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our TH-cam channel:
bit.ly/2BVbxeF
See anything we haven't covered? Leave us a comment in the comment section below - วิทยาศาสตร์และเทคโนโลยี
CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
Stay safe 🙏🏻🙏🏻🙏🏻
5:32 if there is expected to just a limited numbers of Bitcoin in the years to come and cap that amount to prevent inflation, how would that limited amount secure those who will not have Bitcoin if Bitcoin was to be issued in place of the present currency 💵,
I hope you understood me
T"he $44,000" of two years ago buys about 20% less today, so Bitcoin at $44,000 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all these talks of a retrace? i don't want to buy the top.
You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin ETF approval. Time in the market is more valuable than timing it. Using this approach, I grew my crypto holdings from $50k in 2017 to $690k in 2023.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??
“SONYA LEE MITCHELL” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Who is here in anticipation for May 2020 halving?
I
🙋🏾♂️
🐣
I
I
Who is here in anticipation of the 2024 halving?
First time I finally understand what the halving means and why it's important. Clear, concise and easy to understand video. Thank you.
i earn 14btc just trading with him for only just 3month.... I will recommend him to everyone and anywhere because he's 100% legit.. i can share is contact if you want
I’m here in anticipation of Bitcoin Halving 2024 😌
Me too!
VIDEO STARTS 3:30
thanks!
@Stealth Wealth Investing no
I feel smarter after listening to you! thanks for the video!
This is one of the best crypto-explanation videos on the internet!
Very good explanation... thank you so much ! 😎
"Can you tell me like I'm a 5 year old " - Michael Scott
Dear 99bitcoins, thank you for your clarity, transparency, and joyful personality :)
Great explanation
Thanks
This was a very good explanation!
awesome video! Thank you!
Good info and Great contextual framing! Ty
Thank you very much for your sharing.
The halving aspect of the supply has been the #1 reason I believe in BTC as a store of value for years. Very important topic! Thanks for the breakdown.
thank u for the informative video
Thanks dude
Thank you for the insight ❤️🇺🇸
Thank you!
I bought my first in 2013 btc , every year its worth more and more..
You rich
i bought in 2017, every year its worst then more worst then more...i feel like im scammed
I'd like to buy yours
@@0xm2j how much it was back then when u brought?
@@0xm2j how bout now
Great and very informative. I like to know how this halving will affect miners. Will Bitcoin be harder to mine after halving? And are all Bitcoins, such as Cash and SV, going to be halved as well when Bitcoin halves?
Sure, miners will still be able to mine, they'll just get half the amount of BTC for doing so. If BTC price doubles, this won't affect their business much... but that's certainly not guaranteed. If price remains stable but miner earnings are halved, then some might go out of business.
As for the forkcoins you mention, I believe they will have earlier halvings than Bitcoin. They've moved to their own blockchains with much less mining power and various other quirks, which have lead to an accelerated mining schedule. This may cause them some issues. I believe that BCH is expected to halve a couple of weeks before Bitcoin.
Don't forget, computer power increases also. So every 4 years makes sense that it's halved. Also the value of a half BitCoin is possibly as much as a full BitCoin was 4 years ago.
man just go to the point.
nice video. many people will understand why btc is going up after watching this.
Precious and clear, no bullshit.
i earn 14btc just trading with him for only just 3month.... I will recommend him to everyone and anywhere because he's 100% legit.. i can share is contact if you want
Good stuff
If I own bitcoin mining companies like Mara or riot should I sell them before the 2024 halving since they will be making less per block?
great video
Thank You 🙏✌️
Your opinion is it can go up or down thanks
Some idiot told me bitcoins run out in 2040 , thanks for this. Now it makes sense
2140
How could the transactions take place after 2041 when all the bitcoins have been mined? Because there is no reward in mining bitcoins so no one would be mining at that time so how can we transfer bitcoins then?
thank you
This dude has the biggest hands in crypto
The 90s called...it wants its expository Bitcoin video back. ( I still upvoted ;0 )
So from what I can tell the halving either does nothing to the price or the price increases?
What happens after all the btc have been mined and the reward has gone down to zero, what will the incentive be to continue verifying the transactions on the blockchain?
Fees I guess
fees in Satoshis (units that make a Bitcoin) it's a genius seem less system
After all the Bitcoin (BTC) have been mined, the incentive for individuals and organizations to continue verifying transactions on the blockchain will come from transaction fees. When the block reward reaches zero, miners will rely on the transaction fees paid by users to cover their costs and generate a profit. These fees are paid by users to have their transactions included in the next block on the blockchain. As long as there is demand for transactions to be processed on the Bitcoin network, there will be an incentive for miners to continue verifying them.
The movement of the hand is no distracting, always same position, always same shape of what ever.
The Legend Nate Martin
It is insane how genius Satoshi was
Almost too good to be true... like there's a catch
I think Satoshi was a group of experts in IT and finance. Damn they carefully thought everything to detail and future proofed bitcoin
How much can the grow be on the new ath in 2024-25?
Very well explained ..
Next up is the 2024 halving! Keep stacking and hodling BTC! Let's gooo!
it doesnt seem that halving keeps inflation in check in fact it seems to do just the opposite
what diffrent bitcoin and venuscoin/venuscrypto?
Hey kamal,
Bitcoin is the first and most widely recognized decentralized cryptocurrency, created in 2009. Venuscoin/Venuscrypto is a newer cryptocurrency that aims to offer a more privacy-focused solution to the users compared to Bitcoin. The exact differences between these two cryptocurrencies may vary, but some key differences include privacy features, consensus mechanism, and overall goals and usage.
They cut the hash rate of the mining in half and it affects how many can be mined and then it I guess takes 2x as much work to mine 1 btc?
Is there any website I can subscribe so I can get the prediction price of the crypto? Because everytime I sell the coin I see price going up :( and when I buy then price go down :( I am not trading with right prediction. Can you please help me?
I will lead you through with something good💯
Question.. if Bitcoin has a finite amount and miners are being rewarded it up until 21m, how much was originally distributed?
Hello -
Thank you for your question. Bitcoin was modelled after gold. Gold is in the earth, and has to be mined. Similarly, all the 21 million Bitcoins were locked into the Bitcoin protocol using code. This code allows a few coins to be 'mined' and released into the circulation several times every hour. This way, in the end - after all the coins have been mined, there will be 21 million coins in circulation.
I hope this helps
So the halving is in may right. Bit coin is currently at 6.6k right. So should i wait to buy a btc or do i buy one after the halve? I’m still kinda confused can someone explain please
No one really knows what the price will be.
The miners get rewarded for verifying new transactions. What happen in 2140, when the reward drops to 0 BTC? Ok, it is still a long time until 2040, but. Who will verify the new transactions at this point? Can somebody answer this question?
The answer is that transaction fees are expected to rise in number and value to compensate miners for the lack of mining rewards. Miners don't just get the block reward for a block they find, they also get all the transaction fees from every transaction they include in the block. This is why miners are motivated to include transactions which pay a higher fee.
99Bitcoins interesting. Sounds logical
we will all be dead by then unfortunately, i'm more worried about this upcoming halving event.
so if you need miners in order to complete transactions, whats going to happen in 2140 when there will be no more miners because it's been all mined? how will the transactions go through?
It's unlikely we'll still be using it by then, but if we are, there's no telling. Too many variables. Theoretically if demand grows at the same rate, then deflation would occur once we run out of new supply; smaller and smaller fractions of a bitcoin would be worth more and more. What costs 1/20th a bit coin in 2140 could be 1/80th a bitcoin in 2160. Or maybe general inflation (such as a preference for other currencies) will make bitcoin not as valuable by then.
The assumption is that miners will be incentivized to continue mining due to transaction fees. While they'll no longer receive the block rewards, they'll still earn fees from every non-free transaction which they include in their blocks. There have already been blocks which have paid out more in fees than block rewards, so as more halvings occur the earnings of miners will shift ever more towards fees over block rewards.
Does it makes any difference having bitcoin in an exchange or your personal wallet the day of the halving?
No it doesn't. Your funds will stay exactly the same, only the rewards earned by miners for mining a new block will be reduced by 50%.
What happens with BTC when we reach 2140 and there wont be anything left to mine? How will transactions be able to happen then if theres no processing power behind it?
i earn 14btc just trading with him for only just 3month.... I will recommend him to everyone and anywhere because he's 100% legit.. i can share is contact if you want
Who cares we will all be dead
what about after reward was completely eliminated? what is the point for miners to continue competing to verify the transactions? no one well be welling or motivated to mine since there is no reward. commission from buyers are not enough since mining equipment and electricity cost is very high!!!!
Easy question: if i have bitcoin, do I need to sell it before halving, or no? I just dont understand that if I have 1000eur in btc after halving I'll have same +-1000eur or i'll have 500?
Halving is about the miners reward.. their reward will be cut in half... btc price is about supply and demand
@@rin360lew4 So i can hold it and it will be okay yea?
Didn't really answer your question did he? Lol.
@@thomasszary7481 Honestly.. No 😂 or maybe yea.. Sorry I'm new to this and I don't understand everything at once.. Btw English is not my native language, so.. U understand 😉
No, you don't. The amount of your Bitcoin funds will not be altered in any way by the halving. It's more likely that the Euro value of your BTC will increase as a result of the halvings than decrease, although of course many more factors are at play in the market so this outcome cannot be guaranteed.
What will happen if the reward is cut by 1/4 every 210,000 blocks? will there be a change in number of bitcoin, the value of bitcoin will be super low by 2140, what will happen?
can BTC function without mining? in order to validate a transaction P2P is mining needed? what happens when all BTC are mined?
Of course without mining there is no bitcoin transaction. The "mining" is actually the verification and the inscription of the transaction on the blockchain. Well simply explained.
@@Monoshisan so when all the btc are mined why would the miners keep running their machines for 0 profits?
Actually no. There will then be a change in the system and then the miner will be reward for confirming and writing transaction. I'm personnally not so well informed myself of how that's gonna work out. Are the transaction fees of bitcoin gonna be higher? Most likely I think. But miners are the bitcoins in some way. If they stop existing so does the bitcoin.
BTC will become exponentially more valuable. Metcalfe's equation is N squared where N is the number of nodes/users on the blockchain using BTC. When/if the world fully adopts BTC, they will be worth a fortune.
@@Monoshisan also they can exist on transaction fees if widely used for purchasing goods/services -Till this day it's scarcely used for such transactions. Not good.
and why exactly would someone run a mining machine after the next halving? Machines are shutting down already and the Power requirements will not change but double? In fact more than double per 1.0 BTC earned right?
Power requirements won't double due to the halving, but mining rewards will halve. Due to decreased supply of new coins, and assuming demand remains constant, price will rise to compensate for the halving effect. So long as price rises sufficiently, it will remain profitable to mine BTC.
@@99Bitcoins Assuming assuming assuming, IF, IF IF ...IFall the ifs and butts were candies and nuts we'ld all have a very Merry Christmas. I predict this Christmas like 2017's will be the reverse for BTC/bitcoin, due to corruption manifested by the uncontrolled/unregulated Whales. Sorry but a dark market like BTC and all the alts is just TOO DARK. A lot of people are going to get hurt, BADLY!
@@HybridGlobalCitizen people have been saying that since 2011 when they started on exchanges, and people will continue to say it as they constantly look like fools throughout the years. don't be on the wrong side of technology...it doesn't end well for those mindsets.
@@sykal Well :) enjoy your greater fool moment then :) I wonder how all those Fools feel now who bought BTC at over $15K in 2017-18 ... but oooohhhh noooooo it is going to ONE MILLION DOLLARS LOL Good luck with that one ... I mean really though, hype can drive it to over $10K but who is going to be stupid enough to buy it over $10K or even $9K ... seriously?! At least with Tulips you could plant one and get a pretty but expensive flower after. Also look at some of the dim wits hyping this BTC SH_T ... Would you buy anything off of them? ... as for the Banksters, YA they are crooks, but the sweet unregulated BTC hypers/dealers/exchanges are not? Bitcoin in its purest form may be just wornderful, but the nature of the beast makes it a very DARK, DANGEROUS and CORRUPT MARKET... PERIOD END == OF GAME .... NOW ... GIVE YOUR HEAD A SHAKE...
@@dmr7 NOPE all yours, the Crypto Crash begins, check this th-cam.com/video/8YaLNxXwwMo/w-d-xo.html
So then what happens after all the bitcoins have been mined what incentive is there to continue making blocks?
West_hacker00 on IG helped me got $12,000 bitcoin to my wallet his a great miner. Thanks
Every transaction has a small fee associated although I'm not sure , somone Please correct me if I'm wrong. I assume once all BTC has been distributed miners will still be needed to assist transactions and they will receive a portion of this fee for each transaction.
You recommend using eToro and investing in the price movement of Bitcoin. Is it not better to buy Bitcoin and own it, especially with the Halving coming up next year? Should I take my money out of eToro and do just that?
You are right and am here to assist you in anything you need as help on mining
Try investing it as a SIP, check bitdroplet.com which is. a SIP tool for bitcoin
@@archanaa437 Thanks for that, would this be available in Malta though?
Gracias
¡De nada!
And what will happen after the total amount of Bitcoin has been mined in 2140? The purpose of halving is no longer required, or then inflation is welcomed?
You are right, no more halvings, but mining will continue, the miners Will be earning for transaction fees.
With any luck, the system will continue to function as before, with miners rewarded for their work via mining fees on transactions exclusively.
Inflation will certainly not be welcomed in Bitcoin, and indeed after no more BTC is issued from mining there will be no possible mechanism of inflation.
Seems like when all 21 million bitcoins are in use, there will be another crypto currency which will need to be added to the mix. Could be practically the same, maybe Bitcoin 2.
We are only about 50 years into the age of decent computers and the change in computing power has been monumental. By 2140, 10 million BTC will likely have been lost, at least, so the big push will be in hacking those lost blocks (i.e. brute force their private keys), but that will also mean that all keys will be targetable, and with computing power by then using quantum computers likely all asymmetric private keys will be instantly crackable anyway.
But the same computing power for breaking be avaible to encrypt, we can fight quantum with quantum.
Soooo won’t quantum computing that will be available in 15 years make bitcoin irrelevant??
in 15 years bitcoin will be much more adopted as a payment option and it is very likely that some other countries may adopt it just like Japan did.
in 15 years quantum computers wont be invented and widely used.
You people believe that quantum computers will appear so fast just like a new brand of cheese.
I bet we wont have quantum computers not even in 200 years. Stop dreaming.
cris33311 impossible, scientist, academia, anyone really, all agree that A.I will be here in at least 50 years, A.I with have the ability to create quantum computing with ease. So 200 years is absolutely ridiculous, laughable!
I will have Bitcoin now
mikehoang31 have that bitcoin?
Okay, I'm new to all this. Is it like stocks splitting? So if I buy a Bitcoin, would it become 2 coins? or 1/2? or is it still just one? Or is the benefit only to the miners?
You perfectly right and I truly understand your opinion but I will tell you mining is the best when you have your btc for investment and I guarantee you on the page on IG @themoon_carl or mail themooncarlxxchange@gmail.com
No, it is not like stock splitting. If you buy one bitcoin now and continue to hold it, you still have one bitcoin. Halving just means the rate of new coins being created is reduced.
priced in
Ok so i have a simple question, if 1800 bitcoins are mined everyday at present and let’s say a hedge fund wants to buy lets say 15000 bitcoins, where does he gets his remaining bitcoin from, how is his demand fulfilled? How come millions of bitcoins are traded everyday while only few thousand are mined? What if the demand increases and prices increases as well will all the bitcoins be mined or halved before 2140 or does it have to follow that halving schedule of every 4 years? Can all the 21 million bitcoins be mined before 2140 if they miners are incentivized? Can someone bribe miners to mine more bitcoins? Let’s say if everyone buys and starts holding bitcoin, how will that affect mining and halving? Please answer it, i am very curious and eagerly waiting for your reply.
dipesh shah you have a lot of questions. You should do some research. But mining is done with computer power. So people can only mine so much. Not sure anyone knows what happens when can’t mine anymore. But to transact bitcoin it cost bitcoin. So I’d assume if you want to send someone 1 bitcoin it will cost something and be given to the “miners” ( you should look up how bitcoin mining is done). And if someone wants to buy bitcoin they don’t buy from miners ( although they can). They typically buy from exchanges therefore however much is available to buy they can buy. But the more they buy the higher the price if bought all at once. You can only buy what is available to buy at the price you wish to buy it at.
Dipesh, keep in mind that there are already something like $17,000,000 bitcoin that are in circulation. So, the bitcoin that is being trading was mined in the past. You should read more about bitcoin mining to understand the rewards for miners.
What happens if technology advances so fast that bitcoin mining becomes easy ?
@An Onymous yeah good answer
@An Onymous True!
unless you are the only person in the world that has that sort of technology, it would we equally as hard because of the difficulty
Yes. The price will be halving as well
No probably not.
This didn’t age well
typo at the halving estimates, the 2024 block is 810k not 710k otherwise good stuff!
How do you trade bitcoin and which platform
Kraken
How were 200,000 blocks mined in 3 years from 2009 to 2012 when bitcoin was less popular but took 4 years when it became a extremely popular?
It gets harder to mine
Between 2009 and 2011 you could mine BTC with even a basic laptop. Now, veritable supercomputers / super-chips are required.
@@peterkerin7384 don't need a supercomputer, you can mine Bitcoin with a raspberry pi 4
Did u not watch the video and learn about the halving events?
@@13mileon he meant to actually get good rewards vs other miners
What happens if the mining isn't worth it anymore and everyone turns off their mining rigs. Like in 2140 when they arent getting paid Amy more. There is no way to verify transactions. So how can anyone send money back and forth? Bitcoin will be useless right?
Hey Respond code3,
When the mining rewards (i.e. the new bitcoins being created) reach their maximum limit and are no longer paid out to miners, it is expected that transaction fees will become the primary incentive for miners to continue verifying transactions on the Bitcoin network. As long as there are transactions taking place on the network, there will be a need for miners to process and validate them in order for the network to remain secure. As long as the transaction fee is high enough to cover the costs of mining, miners will continue to participate in the network, and the network will continue to function.
Q: is tgere a real concern about Chinese miners or the centralisation of miners ? Thank you
And yes, the majority of hashrate being in China and so existing at the whim of the CCP is indeed a real concern. If they decide that Bitcoin is a threat or obstacle, they could very easily shut down mining in the country, which would lead to serious delays on the Bitcoin network until the system's Difficulty adjustment compensates for the reduction in hashrate.
Thank for info reply . Yeah so the networks best argument for it wont happen is attackers cost / effort and a fork would then occur after may be 1 block mined by the attackers as the network is being watched at all times . So to say 99% secure is reasonable?!!? 🧐😬✌️.
Wait, aren't there hundreds of thousands of blocks in all these blockchains, one for every transaction, how then can mining a block yield such high numbers of bitcoin? What is it I don't understand here...
Does that mean that bitcoin 's price should go up in 2023?
If BTC functions because people verify the blockchain using their computing power, when there is 0 reward for solving the blockchain problems will the value of BTC fall to zero because no one will do the necessary work to verify each transaction.
I have a mate called Martin Nick lol
What happens when all the 21 million Bitcoins are mined? How will the ledger be updated as there will be no reward for new miners as Bitcoins are finished
Hi can you tell how long it takes to mine 210000 bitcoin blocks thanks
~4 years or more depending on global hashrate of miners
If 21 million BTC is finite limit, how many BTC coins are in circulation right now? Is there a graph showing the increase over time? Is the Halving event when more coins are put into circulation? If yes, did the number of coins just double?
Peter, there are almost 18.4 million bitcoins mined so far out of the total 21 million. Yes, just google for charts. No, the halving means the rate of new coins being mined is cut in half (now we are seeing only 900 bitcoins mined each day).
Right now there are about 18.38 million BTC in existence.
You can see a chart of Bitcoin issuance over here:
www.blockchain.com/charts/total-bitcoins?timespan=all
If you zoom in to a shorter timeframe, say 30 days, you'll see that the rate of increase has flattened recently.
This is because the halving decreased the amount of new coins entering circulation by half.
In other words, each time a miner solves a new block, they earn half the reward in BTC which they earned before the halving event.
When PP increases wouldn't that discourage spending in mass population?
@@jessicawiley9592 no ma'am I don't think so
If you’re not a miner you don’t need to be here.
Ok i get it but why when it is halving why do miners carry on afterwards when their profits are cut in two? Also If miners know this is going to happen why do they pay out for rigs that will be of no use?
It's true that miner's rewards will be cut in two after the halving but there's more to the story. Imagine if the underground supply of gold was cut in half. Miners would be extracting only half the amount of gold but the result would be tightened supply. Assuming the world's gold demand remained constant, price would have to rise as the existing buyers competed for the reduced supply of gold. It's similar with Bitcoin. Increasing its rarity increases its price, and this effect keeps miners in the game... At least it has done so thus far after 2 halvings. It's not certain that this will continue to work into the far future but it's probably OK for the next few halvings.
@@99Bitcoins Would the Hash-rate be a good indication/comparison to Gold's demand?
What is your selling target of Bitcoin?
What Ian you’re target in investing
What happened to Bitcoin’s value in the UK when they made it treason to trade in cryptos?
The value of Bitcoin is crucial, as this virtual currency reacts to rises and falls in the market even quicker than gold and silver. Nevertheless, only bitcoin holders suffers its crucial state. I myself trade bitcoin for profits.
Whos watching this minutes before the halving lool
Why only 21 million Bitcoins? Why not 50 million or 38 million or any other number? Is there a rational behind this number of 21 million?
Q , hi , why cant bitcoin be subjected to a 51% successful attack ? Even to destroy it eg multi govt attack .? Thank you
Bitcoin can potentially be subject to a 51% attack. As you say, it would require the resources of multiple smaller states to achieve, as it would be very expensive. A large state or corporation, or some combination of states, corps, and HNWIs could conceivably collaborate to achieve a 51% attack.
However, there's also some game theory at work. As a 51% attack would be obvious to the network, most regular users would refuse to accept the new chain controlled by the attackers. A fork would occur, with "honest" users switching to an alternative version of Bitcoin which the attackers could not mine. That would make all the mining hardware purchased by the attackers useless for mining anything besides their own chain, which the market would realise is controlled by them and so untrustworthy. They would essentially have to eat the tremendous cost of the hardware necessary for the attack, as the value of their chain would diminish greatly from whatever the current Bitcoin price happens to be. In short, it's a financial-suicide attack, so the lack of profit incentive makes it far less likely.
will you do a video on crypto winteR?
Hello,
Thank you for your suggestion. We have noted it for future consideration!
@@99Bitcoins Pleaase wear a coat during the video =)
how much bitcoin do you think this guy has?
Why 21M BTC? Why not 20? Why not 30? Etc. Any theory/explanation as to why 21M?
Hello,
Satoshi Nakamoto chose 21 million Bitcoins to be the highest figure that Bitcoins would ever reach in order to counter inflation. According to him, the figure was just an educated guess. I hope this helps.
Satoshi Nakamoto or do you mean Hal Finney.
This is really good to be true I never expected my bitcoin withdrawal from luiz today.
I wish to have a tiny bit of bitcoin
How do we know the exact date of halving ?
Because you can estimate that each block takes 10 minutes, and the next halving happens at block number 630,000 - so it will happen on May 11th.
i earn 14btc just trading with him for only just 3month.... I will recommend him to everyone and anywhere because he's 100% legit.. i can share is contact if you want