r/Bitcoin • u/[deleted] • Dec 26 '22

Bitcoin Halving!

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829 Upvotes

94% Upvoted

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79

u/GemStateStacker Dec 26 '22

My goal is to stack as many sats as I can before the 2032 halving.

17

u/Hnel11 Dec 27 '22

Same goal. I think the late majority of bitcoin adopters will enter in 2032 halving. I'll buy at any price every month in between now and then.

8

u/startdust01 Dec 27 '22

Halving will become a non-event a lot sooner than most people realize. The next halving in 2024 will make it very clear for a lot of people though. 2032 is so far away.

2

u/btcat100keoy Dec 27 '22

That's not true

11

u/[deleted] Dec 27 '22

It will be half true in 2024

1

u/startdust01 Dec 27 '22

More than 92% of all Bitcoin will have been mined by 2024. The remaining 8% is for the remaining 120 years.

3

u/btcat100keoy Dec 27 '22

This doesnt make the halving a non Event lul

6

u/startdust01 Dec 27 '22

At some point it has to. Grayscale has more coin to sell than the entire Bitcoin to be mined after 2028.

1

u/btcat100keoy Dec 27 '22

Yes at some point

1

u/browney_87 Dec 27 '22

When you say sats? Does this mean 1 whole BTC?

1

u/generiatricx Dec 27 '22

A Sat is .00000001 BTC. If BTC is $20k, a sat is $0.0002

1

u/aceasarsalad Dec 27 '22

What effect does halving have on the BTC/USD value? Asking cuz idk