40 sats \ 2 replies \ @Fabs OP 16 Apr \ parent \ on: I simply felt like sharing it since it feels like a small personal victory :D bitcoin
In other words:
The daily total sum of newly mined Bitcoin can be cut in half, but that doesn't mean that the available "supply" is automatically cut in half as well.
After all, the total available supply to be bought isn't static, as it can double, triple, or be reduced to a tenth of what it was a week ago.
Correct?
Exactly. I'm certainly no expert on this, but I've seen people attempt to estimate the currently available supply and it's very small. That's why so many people expected rapid price growth when the ETF's launched.