Bitcoin's Halving in 2020 - Will It Spark the Next Bitcoin Bull Run?
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- Опубликовано: 6 июн 2024
- As Bitcoin's halving draws closer and closer, you hear more people buzzing about it in the crypto world. What exactly is Bitcoin's halving, how does it work, how may it affect Bitcoin's price, and might it kick start the next bull market? In this video we will discuss all you need to know about Bitcoin's halving in an easy to consume manner. Topics include:
- Bitcoin's halving effect on Bitcoin mining block reward
- Halving and Bitcoin's circulating supply
- How supply relates to price
- Mining incentives may change
- Bitcoin historical halvings and effect on price
- Affect or lack thereof from future halvings
#Bitcoin #Halving #BTC
Who's excited for the Halving? Raise your hand! I am!!
nope
This was really easy to follow, thanks for putting it together, Lets hope history does repeat itself.
So Bcash will be halving like btc next year?
I found your presentation useful and easy to understand... thanks for the effort... best wishes for success.
This video was very informative, thanks
Thank you for watching. Informative is what we strive for haha
I am also of the opinion that with regards to anticipation of halving, we may still stay in bear market but that somewhere in last quarter of 2019 will be the end of that and we'll be ready for a fresh start
Great information
thanks for watching!
In 2020 87% from total supply will be mined !!! is this correct statistics !!!
87% from total max supply will have been mined by 2020, yes.
*Bitcoin is overbought.*
*Bitcoin’s daily Relative Strength Index (RSI) output currently reads an 83. Each and every time BTC’s one-day RSI sat above 83, a 30% drop came in the coming days. Case in point, in summer of 2017, BTC fell from $3,000 to $1,700 after its RSI peaked at 84.*
*According to the RSI you can expect a gradual decrease in the price of BTC to approx $3000-$3500 in Sept 2019.* *Using the RSI again, you can expect an increase in BTC to approx $16,500-$17,000 ($16,000 being conservative) at the end of 2020.*
*Though the cost of mining a Bitcoin is approximately $4250, that might be the bottom end of any drop in price.*
Balls - Metcalfe's equation is N squared. The more people that actually use BTC it become exponentially more valuable. We're not even at phase 2 yet.
I think it wouldnt have been bad to not have had halvings, considering a lot of coins are and will be lost, while fixed block reward would also have a reducing relative inflation of supply. However, the first couple of halvings have been good for the amount of speculation that draw a lot of attention to bitcoin, so lets better just stick with satoshis idea and not trying to be smarter than him lol haha.
Does this mean ETH will rocket to $10,000 as well?
XRP Is going to $10k....
@@stephenrendall Per coin?
yes, just hold both, its the safest way to bet on the new money AND the web 3.0
@@naturistfred I apologise for any confusion, merely a little satire, I doubt that 1XRP will ever reach that higher amount in USD.
Hodl only Bitcoin. Never altcoin.
Bitcoin maximalism is the way to go.
As an investment sure, but coins like Tezos are making interesting cases as to where an alt coins tech can be of higher (use) value
Hmm that's a bit black and white... How's it working out for you?
Two to three halving’s
What about it
Bitcoin for Beginners I wouldn’t think about selling for three halving’s. The again, when your a hundredaire, what do you have to lose?
Funny although everyone shits on faketoshi that he claimed he is satoshi, still another person who is confirmed not to be satoshi is still often used as visual representation of bitcoins creator lol
Loooooool
Only 3 million left to mine, up to 4 million of the 20 million lost. Read article, A Bullish Case for Bitcoin. Vijay Boyapati ( interviews A bullish case for Bitcoin) The Bitcoin Standard Saifedean Ammous
Stock to Flow Plan B
Hell yes. Thanks for the recs