Ah, Bitcoin. That digital rollercoaster we’ve all been riding since 2009, when Satoshi decided to kick off this wild crypto circus by mining the very first block. Fast forward to today, and guess what? We’ve hit the 95% mark of its 21 million cap. Yep, almost all gone-like your leftover pizza after a party.
Now only 2.05 million Bitcoin left to mine. I know, I know-your eyes are glazing over, but stay with me. The big question: does this mean the price will skyrocket? Or is Bitcoin just sitting there, smug, like it owns the joint?
Thomas Perfumo from CryptoMoon, who sounds like he’s really into moonshots, says this is a big deal because inflation is only 0.8% per year. Basically, Bitcoin’s like that one friend who doesn’t gain weight no matter how much pizza they eat-solid, reliable, and way scarcer than your ex’s promises. He describes Bitcoin as the Mona Lisa of cryptocurrencies-unique, authentic, and probably hanging in some digital Louvre.
But don’t get carried away-this milestone isn’t crashing the price party. Jake Kennis from Nansen states it’s more of a “look what we’ve done” event than a “buy now” signal. Still, it’s like locking the pantry, making everyone paranoid about future snacks. The scarcity narrative is strong, but reaching full supply will take over a century thanks to halving events. Yep, this story is less about immediate fireworks and more about slow cookin’ those coin numbers. 🚶♂️
As Bitcoin works its way to being fully mined by 2140 (imagine that family gathering), industry elders say this milestone is more about maturity than market chaos. It’s like Bitcoin finally got its driver’s license-ready to take the long road, not just the quick trip. The real question? Can current infrastructure keep up with this slow, inevitable march towards digital scarcity? Or will it break under the weight of all those institutional investors trying to play catch-up? 🤔
And as for miners? Well, they’re feeling the squeeze-the rewards are halved, and transaction fees are now the new cash cows. The cheap mining days are fading faster than last year’s fashion trends. The upcoming transition might push out the less efficient miners-goodbye, struggling hobbyists, hello, big money consolidations. Who knew that a limited supply could cause such a stir? 💸
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2025-11-17 13:36