of course miners selling less bitcoin over time should have *some* effect. the question is, how much?

my argument is that - in the face of bitcoin having 5000%+ to appreciate in price - how that 8% is distributed (and for a % of those, sold) is negligible.

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Price is set on the margin though... That 8% plus balance on the exchanges is what most of the demand is fighting for right now...

These halvings will have massive impact on the coins already accumulated by miners as well.