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00:00 There are clear clashes happening over the prices of Bitcoin, this encrypted origin.
00:06 Some believe that the process of Bitcoin classification is the reason for the price to rise.
00:12 And this is what happens when the scene repeats itself, that is, every four years when we classify Bitcoin.
00:19 What we mean by that is that we classify half of what we classify as the commodity.
00:25 This happens so that the miners perform statistical operations for their operations, of course, from mining operations or mining and other.
00:34 The classification process is rewarded by those who do that from the miners, they take coins in the form of Bitcoin.
00:43 But when will be the last time the classification process will take place?
00:48 And will this cycle continue every four years?
00:50 Of course, until the year 2140, the last classification process for Bitcoin will be the identification of this encrypted currency.
00:57 That is, until we reach the required number and then the processing of Bitcoin will stop.
01:04 We are talking about very important facts.
01:06 The reduction of the currency processing rate gives us an impression that, let's see how the markets reacted.
01:12 The reward for each block of processing will be reduced, as I mentioned, today there is a reward that is calculated in a different way than the last time it will be in, or the years that will be the last time for the classification process.
01:25 It happens every four years, and it is expected that the markets will react because of this process.
01:32 Today, how many Bitcoins are there in the world that have been processed so far?
01:37 19 million Bitcoins.
01:39 What is the required rate?
01:41 We expect to reach 21 million, then we stop at this limit, according to who invented this phenomenon or the encrypted origin.
01:51 We are talking about the market value of Bitcoin today, in light of its constant price, reaching 1.2 trillion dollars.
01:58 What happens with each classification process for Bitcoin in the financial year?
02:02 The economic role is affected, and even the markets.
02:05 Look at the first time we had the classification in 2012, the rise was particularly strong in 2000, and the rise was approximately 8,547%.
02:20 Then we returned to the previous process of classification, and the approach happened in 2018-2019, the rise was 389%.
02:32 I remind you again that what we expect and what the markets aspire to is to rise in a high rate.
02:38 Of course, the prices of Bitcoin have reached 70,000-72,000, but they returned to a lower level than that.
02:44 The last move we had on the classification of Bitcoin was 659%.
02:49 How much is expected from the classification process that we are waiting for, and even a full year after that, to affect the prices of Bitcoin?
02:58 The US will determine the markets, the brokers, and also those who are prone to high risk in their investments on encrypted origins, specifically Bitcoin.