Bitcoin's price rises due to 2 main factors:
1) By knowing the true purpose of bitcoin more people will adopt it.
2) Halving process.
These halving happen roughly every four years, and they will continue until around year 2140. Each halving cuts the reward in bitcoin for mining a new blocks in half, which makes mining more expensive.As the reward decreases, miners need better hardware, infrastructure, and maintenance.
Over time, these increasing costs contribute to the rising value of Bitcoin, as it becomes harder and more expensive to mine. Follow Note : 10 to get more confidence over bitcoin.
Sats/Dollar = 1,666 sats ⚡
Your keys, your Bitcoin. Not your keys, not your Bitcoin.
#bitcoin #btc
Note : 12
Freak Bunny /
npub140…ekpry
2024-09-14 21:10:35
Author Public Key
npub140drzk7klmmaq9n7pzq945ft0pyvzspa685exxj78ajptwcnvars2ekprySeen on
wss://relay.primal.netPublished at
2024-09-14 21:10:35Event JSON
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"pubkey": "abda315bd6fef7d0167e08805ad12b7848c1403dd1e9931a5e3f6415bb136747",
"created_at": 1726348235,
"kind": 1,
"tags": [
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"content": "Bitcoin's price rises due to 2 main factors: \n1) By knowing the true purpose of bitcoin more people will adopt it.\n2) Halving process.\n\nThese halving happen roughly every four years, and they will continue until around year 2140. Each halving cuts the reward in bitcoin for mining a new blocks in half, which makes mining more expensive.As the reward decreases, miners need better hardware, infrastructure, and maintenance. \n\nOver time, these increasing costs contribute to the rising value of Bitcoin, as it becomes harder and more expensive to mine. Follow Note : 10 to get more confidence over bitcoin.\n\nSats/Dollar = 1,666 sats ⚡\nYour keys, your Bitcoin. Not your keys, not your Bitcoin.\n#bitcoin #btc\n\nNote : 12\n",
"sig": "837e30d7160ff128a57076b7dcde4bf3476a9bb6ab0dd12681f4ba629db44b4c54f849dbc66498cbcf262c628acb979e38f0f6b343765968c3c2cf165041f5ac"
}