Bitcoin Halving Is Here: Crypto Twitter Reacts

– Michael Saylor⚡️ (@saylor) April 20, 2024

“This is my fourth halving!” 2012: I didn’t even know. 2016: Bitpass party with only 20 people; 2020: COVID lockdowns; 2024: Friends and family know. On this subject, the mainstream press is talking about it, parties all over the world. It’s amazing to see how Bitcoin is going mainstream.

The instance attracted many crypto enthusiasts as users and generated optimism for the future.

– Alexander Leishman ?? (@Leishman) April 20, 2024

– Christopher David ⚡️ (@AtlantisPleb) April 20, 2024

– Whale Watching (@whale_alert) April 20, 2024

“NEVER IN HUMAN HISTORY has an asset that other people use as cash been so rare,” said Caitlin Long, founder and CEO of Custodia Bank. “Happy halving Bitcoin, folks!”

“Good halving!!”, Cory Klippsten, CEO of Swan Bitcoin. “Zero blocks missing, welcome to epoch 5!”

“We’re way ahead,” said monetary editor Zack Voell.

“Good Bitcoin halving,” the account posted Ord. io. “The Age of Runes has begun!”

– Jameson Lopp (@lopp) April 20, 2024

– Whale Watching (@whale_alert) April 20, 2024

For some, halving is just a brief pause in an endless cycle of work.

Bitcoin’s halving is complete. pic. twitter. com/9CrgYptaQv

– Crypto Briefing (@Crypto_Briefing) April 20, 2024

Not everyone is in a good mood. Bitcoin detractors also took the time to throw cold water on the celebration.

“Congratulations to Bitcoiners for halving,” tweeted Peter Schiff, a longtime Bitcoin critic. “Are they commemorating this case by throwing parties tonight? I wasn’t invited to any. I think halving is a fitting call for what will happen once #Bitcoin #HODLers enjoy halving their net worth. “

Now that the halving has arrived, speculators can see if their predictions were accurate. A not unusual expectation around halving is that it would eventually lead to an increase in the price of Bitcoin. In February, SkyBridge Capital founder Anthony Scaramucci warned that after the halving, Bitcoin could surpass $200,000.

However, it’s a bit early to settle bets. In the first hour after the halving, Bitcoin’s value necessarily remained stable.

Edited by Ryan Ozawa.

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