Oddbean new post about | logout
▲ ▼
Deleted Account | 10 months ago (raw) | root | parent | reply | flag +1 
 why noth both?.gif

probably both have an effect on the price, less demand when liquidity is gone, plus increased selling from miners with halving

and then when market and price settles, supply shortage effect kicks in and liquidity increases again and you get a boom
▲ ▼
Deleted Account | 10 months ago (raw) | root | parent | reply | flag +1 
 but yeah, new quantities of bitcoin mined are already so small compared to what's already available that cutting in half should have very small or no effect
▲ ▼
Cyph3rp9nk | 10 months ago (raw) | root | parent | reply | flag +1 
 In mathematical terms it can have no effect because the bitcoin spot market is ridiculous compared to the derivatives market...why do you think they approved futures etf's and have so far prevented a spot etf?

Unfortunately in this world many are ignorant of the financial side of things and have been told many lies and inaccuracies.

The only true thing is that the price of bitcoin is driven by the liquidity of money, and this is not bad, as it was created for this, to combat monetary debasement.