Râu Cao ⚡ on Nostr: Newly mined BTC per day is only around 0.5% of traded volume per day at the moment. ...
Newly mined BTC per day is only around 0.5% of traded volume per day at the moment. The halving bringing that number down to 0.25% has less impact on price than a lot of people think.
The upcoming halving will still mark an important symbolic change, in addition to the psychological one, because from next week on, bitcoin's issuance (i.e. inflation) rate will be lower than that of gold for the first time ever, making it the scarcest widely used asset on the planet.
Published at
2024-04-15 13:22:52Event JSON
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"content": "Newly mined BTC per day is only around 0.5% of traded volume per day at the moment. The halving bringing that number down to 0.25% has less impact on price than a lot of people think.\n\nThe upcoming halving will still mark an important symbolic change, in addition to the psychological one, because from next week on, bitcoin's issuance (i.e. inflation) rate will be lower than that of gold for the first time ever, making it the scarcest widely used asset on the planet.",
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