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Bitcoin's weird 2024 high
The all-time high for bitcoin price should not have hit yet, according to an eerily consistent time analysis of its three prior cycles. The big picture: It's an article of faith among certain bitcoiners that the coin's cycle runs in four-year intervals, triggered primarily by Bitcoin's regularly scheduled halving. Catch up fast: The pseudonymous Satoshi Nakamoto made Bitcoin to express a preference for a predictable form of money with a fixed supply, so there will only ever be 21 million bitcoins (19.6 million are in the market today). • A few get released every time a block of transactions gets stamped onto the ... (full story)