
Marty's Ƀent
Issue #647: A good "is the halving priced in" take
Bitcoin isn't priced in because most of the world doesn't understand bitcoin.
Bitcoin isn't priced in because most of the world doesn't understand bitcoin.
Regardless, we know that the halving will be occurring around this time next year. Between now and then 667,200 bitcoins will be mined. North of $5 Billion worth at the current prices. Not that much capital needed to scoop those freshly minted bitcoins when you think about it.
Unless you've been through one before, you don't really understand the FOMO that begins to spread as soon as the halving occurs. The crunch is real, especially for miners and OTC desks that help miners liquidate the BTC they earn.