Halving Shower Thought

Last halving bitcoin went from 30% inflation to 15% inflation, meaning before the first halving adoption would need to exceed 30% growth of new users / holdings per year in order for the price to rise. After the first halving, adoption only needed to meet or exceed 15% per year in order for the price to rise.

Fast forward 4 years later and adoption currently needs to meet or exceed 8% a year in order for the price to rise and that's going to drop to 4%.

If we have another rally you can bet all these banks that are talking up R3 and blockchains being the future just planted the seed of interest in bitcoin in a lot of very rich and influential bankers.

Here's to the next leg up.

submitted by /u/Sugar_Daddy_Peter
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>