₿itcoin Halving in April 2024! $27,200 is the Bottom & Cheapest you will ever see ₿itcoin again! 📈

1 year ago
44

We know you've asked these questions to yourself: Will ₿itcoin ever be this low again? Should I buy ₿itcoin now or wait? How does ₿itcoin maintain it's scarcity? What is the ₿itcoin halving? We go over this topic and explain why RIGHT NOW is the best time to buy ₿itcoin!
GET YOUR ₿ITCOIN WHILE IT'S STILL CHEAP!

Really good video explaining the ₿itcoin halving in April 2024 and how each time one of these happens (every 4 years) the price of ₿itcoin multiplies in value! The true bottom appears to be in at $27,200. We will only go up from here.

This is probably the cheapest you will ever see it. Many folks don't buy the bottom because they fear price drops mean more price drops. Most people tend to buy when the price is high and going up, believe it or not. Good time to plunk any extra dollars you have into ₿itcoin. This price is amazing right now and it likely wont hold long, as it is due to the SEC meddling with alt coins and scaring off investors temporarily.

Right now there are 6.25 ₿itcoins handed out in a random lottery every 10 minutes as a block gets processed to reward miners securing the network beyond their regular fee rates.

That's 900 new ₿itcoins per day. In April 2024 it will be 'halved' into 3.125 per 10 minute block or 450 per day. This will keep being halved every 4 years. The final 21 Millionth ₿itcoin will be mined in the year 2140. Then the block rewards are gone, as it is estimated ₿itcoin will be so expensive the fees for moving ₿itcoin will be well worth the effort of mining alone.

Original Video by Simply Bitcoin: https://www.youtube.com/watch?v=II_we_95y4A

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