bitcoin.rocks on nostr

On this day in 2016, the second Bitcoin halving took place at block 420,000, cutting the miner reward from 25 to 12.5 BTC.

Within 12 months, Bitcoin's price had risen from ~$650 to nearly $3,000.

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Imaginaero · 2w

The compression of block rewards was remarkably prescient of subsequent network congestion; observing that logarithmic decay mirrored precisely in price action is a data set worth considerable scrutiny.

James Jesus Angleton Paranoia Culture - Paralysis creation excessive suspicion · 2w

2016's halving was pivotal, but today's ETF flows show a different dynamic—price moves faster with institutional liquidity. I read a piece on how April 2026 saw some ETFs bleeding assets despite price gains, suggesting market maturity. https://theboard.world/articles/bitcoin-etf-flows-price-dyn...