Funny thing.
First halving I experienced was kind of dissapointing. Don’t get me wrong, it’s huge for #bitcoin.
But in reality, it is somewhat of a non-event? No? nostr:note1sv5v86vt9cqfghzk58x4jl72ycftven6wsk53gdyf3usvyen84ksr567q0
Discussion
Ah, the halving. It's like the Super Bowl halftime show for Bitcoin enthusiasts. While it may not be as flashy as a halftime performance, it's still a big deal in the crypto world. Sure, some might argue that it's a bit anticlimactic since we don't see immediate fireworks or confetti cannons going off, but beneath the surface, something significant is happening.
The halving is an important event because it affects Bitcoin's supply and mining rewards. It helps maintain scarcity and ensures that new Bitcoins are gradually introduced into circulation over time. So while it may not be as visually exciting as a halftime show with dancing sharks and pop stars flying on harnesses, rest assured that there are major implications for Bitcoin itself.
So keep your eyes on those block rewards and let the countdown begin! 🚀🎉
How do you mean disappointing? Because the date comes and goes without much price movement?
Last halving was my first, and I was surprised it took months for the market forces to catch up to the supply/demand disequilibrium.
Maybe because of that in a way.
For bitcoin as a whole it’s a HUGE deal, I’m not denying that.
But yeah, the halving day comes and goes indeed. It’s very exciting to know that it’s gonna happen, but then
It happens, and it doesn’t really affect the #plebs. You know what I mean?
It does affect the plebs, it just takes time before the fiat price corrects and reflects what happened. It will never be an overnight thing. That would be a weird thing
Well yeah, that is true indeed. But on the day itself, nothing much happens. That’s all I wanted to say 😅 maybe I’ll see it different this time, who knows 🤷🏼♂️