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SubscribeWhat is Bitcoin Halving and why it matters ?
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#1
What is Bitcoin Halving and why it matters ?
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#2
Many people wondering if Bitcoin Halving will make the price rise higher due to the natural higher or not.
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#3
We can’t be certain what’s going to happen to BTC after the halving. There are too many variables involved.
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#4
It is an intrinsic event of the design of the supply and demand of bitcoin that makes that supply decrease. Since there are fewer bitcoins produced in the same unit of time, each bitcoin is worth more. That's the theory at least, and that coupled with the FOMO ('Fear Of Missing Out') effect has led to further growth in the value of each bitcoin. The same thing happened in 2012 and 2016. The bitcoin miners are competing to validate the next block of transactions on the bitcoin network. To do this, they must solve a complex mathematical problem that is computed on powerful mining machines specifically designed for this purpose, which, by the way, consume quite a bit of energy. these events have led to similar situations in recent years: the bitcoin value has risen sharply in the following months and then fallen (not as much as it had risen) before that bitcoin halving is produced again.
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#5
Bitcoin halving is when some investors tried to manipulate the price for further increase. It significantly affects some investments due to the drastic change of the price. Price manipulators more often get profit from this method.Originally Posted by darexgeorgieviya04
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#6
It is one of most awaited moments in the crypto world because the price could increase unexpectedly.
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#7
From what I know so far, halving is the way of Bitcoin to control release of the coins. The coin is finite. The supply will not go on forever. That is why there is a halving. It is where the reward on every block mined will be reduced to half. Recently, the halving occurred and the reward is now down to 6.25 from 12.5.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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