https://finance.yahoo.com/news/bitcoin-miner-riot-posts-mixed-212952963.html
Previously there was concern regarding the significant increase in the average cost to mine a bitcoin once the halving occurred. The idea was that it would be over $90k potentially damaging the bitcoin market. There are obviously many ways to interpret this. However, the point stands that with the halving the average rate will likely double this value to 16-17k. While the significane of this is debatable, to me it goes to show that we are still early until the 5th halving. At this point, I wouldn't be surprised if bitcoin achieves that prices that were hypothesized and insinuated in the whitepaper. I think 2024/2025 will be an excellent year for crypto barring on black swan events, however I expect another exponential spurt in 2027-2030. It feels like this is far away, but it'll come sooner than we think.
What do you think?
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