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We're at 19.65/21M for the supply. Why does the halving even matter when there's so little left to be mined anyway?

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I've been an investor since 2019. I don't know everything, but I know a bit. I get the psychology, I know the charts, I know the historical data, I know all about the ETF's and other macro factors. I'm fairly sure it will hit $100K this year so I'm not skeptical about the bull market, I'm more just wondering why the halving matters so much at this point since its effect on liquid supply is minimal since the current supply is only 1.35M coins away from the max supply. I could see this mattering a lot in 2012 or 2016, but it's such a small change at this point that math-wise it doesn't seem like it would make that much of a difference.

What do you think?

submitted by /u/brickmadness
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