Cryptocurrency Q&A
Why does Bitcoin go up every 4 years?
Why does Bitcoin go up every 4 years?
Luca
Wed Dec 25 2024
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5 answers
1284
I've noticed a pattern in Bitcoin's price. It seems to increase significantly every 4 years. I'm curious about the reason behind this trend. Is it related to a specific event or a combination of factors? Why does this happen?
5 answers
Matteo
Fri Dec 27 2024
The purpose of this limit is to ensure the gradual appreciation of Bitcoin's value over time.
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BlockchainLegendary
Thu Dec 26 2024
As new Bitcoins become increasingly scarce, this scarcity places upward pressure on demand, driving up the price.
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Daniele
Thu Dec 26 2024
Bitcoins are generated through mining, which involves using specialized software and hardware.
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Maria
Thu Dec 26 2024
The rate at which Bitcoins are created is predetermined and undergoes a halving process every four years.
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ZenFlow
Thu Dec 26 2024
This halving reduces the number of Bitcoins minted during each mining cycle, effectively slowing down the overall supply.
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