Originally published at: the halvenings DON’T matter anymore (Reddit Bitcoin) – We Never See Nothing
This assumption held more validity in the earlier days when there was a larger supply of btc left to be mined. People refer to this as the theory of expanding cycles. At the time of the next halvening (~May 2024, block 840,000) there will be ~6.25% of the entire btc supply left to be mined…