00:00 What happened to the Bitcoin currency after the fourth
00:03 process of sorting was completed, which takes place every four years?
00:09 At the beginning, we point out that in April of this year, the sorting process of the Bitcoin
00:16 currency was completed.
00:17 Through this process, the reward, which is the reward of the minting, was reduced to
00:23 each block, from six currencies approximately to about three currencies.
00:29 This is a reward for, of course, the minting of Bitcoin.
00:34 In this framework, we point out that today, until now in particular, about 19 million
00:42 currencies have been minted, and therefore there are still two million other currencies
00:46 under the purview.
00:47 And therefore, the minimum limit for the minting of Bitcoin currencies is about 21 million
00:54 currencies.
00:54 In this framework, we point out that for me, the performance of the Bitcoin currency, from
00:59 the beginning of 2024, has increased by more than 53%.
01:05 It is true that now trading is almost on the Bitcoin currency at a price of 64,000 dollars.
01:11 We also point out in this framework that the currency has witnessed a decrease during the
01:16 past week, and even now we have not witnessed the jump that has been talked about after the
01:21 sorting process.
01:22 But this rise will not be in the near future, according to analysts, but it will be
01:29 in the long term, that is, over the next few months.
01:33 In this framework, if we look today at the performance of the Bitcoin currency after
01:37 each sorting process, we notice that the price of the currency has increased by more than
01:47 93 times.
01:49 As for the transaction in 2016, the price of the Bitcoin currency has also increased
01:56 by about 30 times and reached about 19,000 dollars.
02:01 And for 2020, we also notice that the price of Bitcoin has increased by about 8 times
02:09 after the sorting process, and therefore it has reached more than 68,000 dollars.
02:14 And for the current sorting process, it is also expected that the price of the Bitcoin
02:20 currency will reach 150,000 dollars, according to analysts.
02:23 Also in this framework, we note that it is expected that another sorting process will
02:30 take place in 2028.
02:33 In this framework, we note that this process is underway after the creation of about 210,000
02:39 blocks, that is, every time 210,000 blocks are created, a new sorting process is carried
02:45 out, and therefore it is expected that in 2028, the compensation for the modification
02:52 will be about the same as that of the Bitcoin currency.
02:58 And in this framework, as we mentioned, Standard Chartered had previously expected that the
03:04 price of the Bitcoin currency would reach 150,000 dollars for 2024.
03:08 And the question remains, after the sorting process that the investors are expecting,
03:14 will the currency reach the level of 150,000 dollars?
