Yes.
But the effect is relative. BTC halving only affects new supply but there is also BTC in circulation.
The total supply will not reduce by 50%, it will reduce by whatever the 50% of new daily su...
This 👆
Along with Lyn’s point that all other factors *aren’t* held equal. Global liquidity will change over time, and if/when it coincides with a halving, it also contributes to NGU.
It’ll be interesting to watch the first cycle that doesn’t correspond with QE, low interest rates, etc., and see how it differs from previous halvings
Along with Lyn’s point that all other factors *aren’t* held equal. Global liquidity will change over time, and if/when it coincides with a halving, it also contributes to NGU.
It’ll be interesting to watch the first cycle that doesn’t correspond with QE, low interest rates, etc., and see how it differs from previous halvings
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