2024 Events That Will Pump Bitcoin! BitBlockBoom, Geyser.fund and Two #Bitcoin Documentaries. #Nostr

This episode dives into a mix of events, opinions, and initiatives that are stirring the Bitcoin community. Enjoy! Subscribe

During the 10-second Bitcoin price update Chris mentioned Time Preference (low and high). See below for full definitions.

2024 promises to be INSANE!:

In 2024, several major events are expected to occur that have Bitcoin enthusiasts excited and anticipating a significant price increase. These events include:

1. Bitcoin Halving: The Bitcoin halving, also known as "The Halvening," is a significant event expected to occur in April 2024. This event, which happens approximately every four years, will reduce the reward for mining Bitcoin blocks by half, making the supply of new Bitcoins more scarce. Historically, Bitcoin's price has significantly increased a year before and after the halving

2. Bitcoin Spot ETF Approval: The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot Bitcoin ETFs in the first quarter of 2024. This approval is anticipated to increase institutional support for Bitcoin, which is considered a significant bullish factor for Bitcoin in 2024.

3. Regulatory Developments: Analysts expect a more aggressive bid to drive bad actors out of the industry, which will help the cryptocurrency market mature and gain mainstream legitimacy.

4. Federal Reserve Rate Cuts: The Federal Reserve is expected to cut its key rate to around 3.75% by the end of 2024. Lower interest rates typically make riskier assets like Bitcoin more attractive, potentially driving up its price.

5. Presidential Election: While the search results do not provide specific information about the 2024 U.S. Presidential Election's impact on Bitcoin, it's worth noting that such major political events can influence financial markets, including cryptocurrencies.

6. Institutional Adoption: U.S. financial institutions are set to take even bigger steps into crypto and Bitcoin in 2024. This increased demand from institutions is expected to drive up Bitcoin's price.

It's important to note that while these events are expected to have a positive impact on Bitcoin's price, they also come with risks. For instance, the approval of a spot Bitcoin ETF could potentially lead to a "sell the news" event, causing Bitcoin's price to decline. Additionally, the global regulatory landscape for cryptocurrencies remains uncertain, which could lead to unforeseen events. LINK TO SOURCES — https://www.perplexity.ai/search/list-the-major-LfdCSzUXQYemXC1ZRmzU3g?s=c#2df7424b-3517-4187-a65c-2d59466cd4de LINK TO PERPLEXITY — https://www.perplexity.ai/

BitBlockBoom Event: Chris just registered for BitBlockBoom in April in Dallas! #ProPass — WORLDS LONGEST-RUNNING Bitcoin Conference celebrates the Halving in its 7th year-April 11-14 2023 in Dallas Texas. Not a blockchain or shitcoin event. #Bitcoin #BTC *INFO & TICKETS — https://bitblockboom.com/ TWEET — https://twitter.com/fractalBitcoin/status/1740528947140423881

Laura Shin episode of her Unchained podcast with Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves: TWEET — https://twitter.com/laurashin/status/1740770781322211392 EPISODE — https://unchainedcrypto.com/podcast/arthur-hayes-on-why-bitcoin-is-money-and-eth-is-a-shitcoin-he-loves/

Purple/orange pill from Derek Ross @derekmross on X: “What if 2024 belonged to the Nostrich? We're taking on the challenge, and it's going to be an exhilarating ride. Buckle up!” — https://twitter.com/derekmross/status/1740780042647728618

MEME: Banks don’t like Bitcoin… — https://twitter.com/isabellasg3/status/1740775604709154977

Bitcoin Documentary Trailer — https://twitter.com/bitcoinersmovie/status/1740375588853195143

Geyser.fund: Satoshis Don't Exist on Geyser.fund — https://geyser.fund/project/satoshisdontexist21

FUN GAME: Farkle (Classic Dice-Rolling, Risk-Taking Game) — https://www.amazon.com/Farkle-Classic-Dice-Rolling-Risk-Taking-Family/dp/B000NA0HP0

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Time Preference (low and high):

Time preference, when it comes to investing in Bitcoin or any other asset, refers to an individual's inclination towards immediate gratification (consumption) versus future benefits (savings and investment). It's a fundamental concept in economics and behavioral finance that helps to explain an investor's behavior and decision-making process. Here's how it applies to Bitcoin: — Low Time Preference: Individuals with a low time preference prioritize long-term benefits over immediate rewards. — High Time Preference: In contrast, individuals with a high time preference favor immediate gratification and are less inclined to delay rewards.

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