As we head into the final weekend before the bitcoin halving event happening roughly 12 May 2020, I wanted to see if there were any interesting trends surrounding it, and if markets were savvy about it in equal measures.
I couldn’t find a bitcoin specific countdown, so I approximated the time based on other sites’ countdown timers. So take this as what it is, an approximation.
Bitcoin Halving vs Buy BitcoinThe halving event, in which the supply of bitcoin rewarded per block gets slashed in half (and not the value, don’t worry!), is a predictable but very important event in the Bitcoin ecosystem. It’s a function built into the design by Satoshi Nakamoto in order to ensure Bitcoin remains deflationary, and that there is a finite supply of it (The final bits of bitcoin will be mined in the year 2140).
Here’s a Google Trends
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