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halving

Predictions for Bitcoin’s Fifth Epoch

Predictions for Bitcoin’s Fifth Epoch

ATOMIC 96; The last two halving cycles saw post-halving October breakouts, but it happened in 2013 as well, albeit a second run on that occasion. Little wonder it’s called Uptober. If I had to guess, I would go with a repeat of that thesis in 2024, as it would

Halving Doubts

Halving Doubts

ByteFolio Issue 104; Bitcoin’s 840,000th block passed without incident. The new block reward is 3.125 BTC, which has dropped from 6.25 BTC last cycle, 12.5 BTC pre-2020, 25 BTC pre-2016, and 50 BTC pre-2012. They don’t pay the miners like they used to. As

Halfway to Halving

Halfway to Halving

Buffett and Munger simply don't get it Tomorrow, Thursday 5 May 2022, block number 735,000 will be mined at approximately 11:00 BST (10:00 GMT). Halving periods are separated by 210,000 blocks, which, given a block is mined every 10 minutes or so, come around

Why Bitcoin's Four-Year Cycle Is Not 'Yet' Dead

Why Bitcoin's Four-Year Cycle Is Not 'Yet' Dead

ByteTree Market Health Update; Issue 108 Some believe the four-year bitcoin price cycle is over. I have no doubt that one day it will be, but not yet. What is clear is that the amplitude of the four-year cycle is falling as other drivers take over. The root cause of

Bitcoin Above $30k? This Needs to Happen

Bitcoin Above $30k? This Needs to Happen

ByteTree Market Health Update; Issue 86 As of this morning, there are 148,012 blocks that will be mined ahead of the next halving. That was forecast to arrive in May 2024, but given the reduction of Chinese hashing power, halving looks likely to be delayed until 20 August 2024

Only One Million Bitcoins Until the Next Halving

Only One Million Bitcoins Until the Next Halving

ByteTree Market Health Update; Issue 73 With 312,500 BTC mined since the last halving in May 2020, there are one million BTC that need to be mined before the next halving. That is expected to take place on 6 May 2024. At that time, 93.8% of the 21

Bitcoin Halving 2020; Then vs. Now

Bitcoin Halving 2020; Then vs. Now

Reviewing Past Predictions Bitcoin’s network value has experienced parabolic growth over the last six months in line with a handful of other risk-on assets such as tech stocks. While growth was inevitable in hindsight, one must not forget that Bitcoin was worth just $4,600 this time last year.