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The third #Bitcoin 
https://abs.twimg.com/hashflags... draggable="false" alt=""> #halving is just weeks away https://abs.twimg.com/emoji/v2/... draggable="false" alt="đȘ" title="Flexed biceps" aria-label="Emoji: Flexed biceps">. What does it mean? What can we expect https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ" title="Rocket" aria-label="Emoji: Rocket">? Weâve got thehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="đ„" title="Fire" aria-label="Emoji: Fire"> explainer to get you up to speed. Read it, and then letâs chat about it.
A thread... https://bit.ly/2Y1SOsX ">https://bit.ly/2Y1SOsX&q...
A thread... https://bit.ly/2Y1SOsX ">https://bit.ly/2Y1SOsX&q...
Letâs break down the post: the halving is not a result of how #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> is built. Itâs intentionally part of how itâs built in order to wind down the supply growth rate. It is designed to periodically get twice as hard to mine. https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ€" title="Thinking face" aria-label="Emoji: Thinking face">https://abs.twimg.com/emoji/v2/... draggable="false" alt="đĄ" title="Electric light bulb" aria-label="Emoji: Electric light bulb">
Quantitative easing vs. quantitative tightening https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ€·" title="Person shrugging" aria-label="Emoji: Person shrugging">? #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> Bitcoin falls into the latter. The harder it is to mine, the less supply we have, whereas the government can just printhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="đČ" title="Heavy dollar sign" aria-label="Emoji: Heavy dollar sign">.
This is explained in much better detail when you read the full posthttps://abs.twimg.com/emoji/v2/... draggable="false" alt="âïž" title="Up pointing index" aria-label="Emoji: Up pointing index">.
This is explained in much better detail when you read the full post
What should we expect this time around https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ§" title="Face with monocle" aria-label="Emoji: Face with monocle">? Quite a bit. Like, for example, Bitcoinâs inflation rate will fall below the 2% inflation rate target of central banks https://abs.twimg.com/emoji/v2/... draggable="false" alt="đŠ" title="Bank" aria-label="Emoji: Bank"> for the very first time.
Again, youâll get a full explanation in the post.
Again, youâll get a full explanation in the post.
Now youâre like âyeah, but is the price going to go up or what?â Historically, halvings are accumulation events. It shows the stability of the protocol and investors want in/more, driving the price up...a lot https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">.
Over time, weâve also seen huge infrastructure developments and awareness https://abs.twimg.com/emoji/v2/... draggable="false" alt="đȘ" title="Flexed biceps" aria-label="Emoji: Flexed biceps">, as well as upward price indicators in the long run.
And a lot of big thinkers https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ§" title="Face with monocle" aria-label="Emoji: Face with monocle">https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ§ " title="Brain" aria-label="Emoji: Brain"> believe that events, data, and value metrics are already baked in to the price of #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt="">. What do you think? Attractive, right? Considering all of these complexities makes it seen as a store of value.
Plus, look at the timing. #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> was introduced right as the US went into the 2008 recession. Now weâre in a literal pandemic. The traditional market bull run isn& #39;t so https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ„" title="Fire" aria-label="Emoji: Fire">. https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ" title="Eyes" aria-label="Emoji: Eyes"> And Bitcoin is a #decentralized, digital, disinflationary asset.
What do you think?
Again, read the full post for a much more detailed look. Retweet it. Share it with your friends. Educating ourselves and those around us help us feel even more confident in #Bitcoinhttps://abs.twimg.com/hashflags... draggable="false" alt="">âs future. https://blog.okcoin.com/2020/04/24/predictions-for-bitcoins-third-halving/?utm_campaign=Bitcoin%20Halving&utm_content=127748727&utm_medium=social&utm_source=twitter&hss_channel=tw-2445396642">https://blog.okcoin.com/2020/04/2...
Again, read the full post for a much more detailed look. Retweet it. Share it with your friends. Educating ourselves and those around us help us feel even more confident in #Bitcoin
Oh, and take yesterday& #39;s poll.
In fact, reply to it with what youâd like to learn more about as we count down. Weâll randomly draw a couple of replies tomorrow at this time to #win $25 in $BTC. https://twitter.com/OKCoin/status/1253357120235294720?s=20
**General">https://twitter.com/OKCoin/st... promotion T&Cs: https://bit.ly/2JOKPao ">https://bit.ly/2JOKPao&q...
In fact, reply to it with what youâd like to learn more about as we count down. Weâll randomly draw a couple of replies tomorrow at this time to #win $25 in $BTC. https://twitter.com/OKCoin/status/1253357120235294720?s=20
**General">https://twitter.com/OKCoin/st... promotion T&Cs: https://bit.ly/2JOKPao ">https://bit.ly/2JOKPao&q...
End of thread! Thanks for your time and let us know if you have any questions or thoughts. We love to chat about #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt="">.
