One of the most anticipated events in 2020 is coming close. Bitcoin’s halving, that will slash the reward miners get for adding new blocks to the network, is about 4 months away. Given that it would likely decrease the demand of freshly minted bitcoins to the market, a lot of people think it would have a positive impact on the Bitcoin price. A prominent analyst, however, thinks that it might already be priced in.Bitcoin Halving Priced In CorrectlyThere is a serious and continuous debate going...
Read More »Meltem Demirors: The BTC Halving Doesn’t Mean Much
Another analyst is claiming that the upcoming bitcoin halving – scheduled for May 14, 2020 – will have no effect on bitcoin’s price. The analyst this time is Meltem Demirors, the chief strategy officer of Coin Shares – a firm that manages digital assets.Demirors: The Halving Isn’t Likely to Do MuchIn a series of tweets, Demirors claims that the upcoming halving isn’t likely to boost bitcoin’s price or influence it positively. She lists up to five reasons why. For the first, she claims:There...
Read More »Unpopular Opinion: Bitcoin Halving Might Not Affect Bitcoin Price, According To Meltem Demirors
The Chief Strategy Officer of CoinShaes, as well as one of the most prominent cryptocurrency proponents, Meltem Demirors, has spoken her thoughts on the upcoming Bitcoin Halving. According to her, it might not have the uplifting effect that a lot of the people seem to expect because the Bitcoin derivatives market is growing, causing more speculation rather than actual ownership and transfer of bitcoins.Bitcoin Price Might Not Be Boosted By The HalvingBitcoin’s halving is perhaps one of the...
Read More »#773 BTC unter 7k, Peter Schiff glaubt BTC Halving irrelevant & Bitfinex Tether Skandal geht weiter
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 773. Heute sprechen wir über folgende Themen: Bitcoin rutscht unter 7.000 US-Dollar, Peter Schiff sieht kommendes Halving als irrelevant an & Prozess um Bitfinex und Tether geht in die nächste Runde. 1.) Bitcoin rutscht unter 7.000 US-Dollar, Anzahl der Long-Positionen nimmt trotzdem zuhttps://de.cointelegraph.com/news/bitcoin-price-drops-under-7k-but-longs-soar-after-68k-bounce 2.) BTC am Ende? – Peter...
Read More »#769 Bitcoin Halving Dump oder Pump, BitClub Network Betreiber verhaftet & Solarisbank Bitcoin Verwahrgeschäft
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 769. Heute sprechen wir über folgende Themen: Bitcoin Halving Dump oder Moon, BitClub Network Betreiber wegen Betrug festgenomme & Solarisbank startet Bitcoin-Verwahrgeschäft. 1.) Bitcoin Halving Dump oder Moon? – Grayscale Umfrage gibt Aufschlusshttps://cryptomonday.de/bitcoin-halving-dump-oder-moon-grayscale-umfrage-gibt-aufschluss/ 2.) US-Justiz geht gegen BitClub Network vor – Betreiber wegen Betrug...
Read More »Bitcoin Halving 2020 Won’t Have Strong Influence on Bitcoin Price, Says Jason Williams
Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.— Jason A. Williams ? (@JWilliamsFstmed) December 1, 2019While halving refers to the reduction by half of the Bitcoin rewards that are given to miners every four...
Read More »Bitcoin Halving wird BTC Inflation unter 2% drücken
Es sind noch gut 6 Monate bis das nächste Halving Event für den Bitcoin ansteht, doch schon jetzt stehen die Bullen in ihren Startlöchern. Der Markt hat sich zwar gegen Ende 2019 für den BTC abgekühlt, doch interessant ist ein Vergleich zwischen der Inflation des BTC und der des Fiat-Währungssystems.Bitcoin News: Bitcoin Halving wird BTC Inflation unter 2% drückenAktuell wird das Halving für den 15. Mai 2020 erwartet. Zurzeit hat der BTC eine Inflation von ungefähr 3,7%. Mit dem Halving wird...
Read More »Bitcoin Bounces Back above $7500, BTC Futures Market Expects Poor Show for 2020
The Bitcoin price movement over the last week has sent jitters among crypto investors. In the last seven days, the BTC price crashed to $6600 hitting its six-month low. But Bitcoin has bounced back quickly trying to consolidate above $7000 levels.In the last 24 hours, the Bitcoin price is on a northward trajectory surging nearly 10% above $7500 level. At press time, Bitcoin is trading at $7551 with a market cap of $136 billion. This much-needed relief rally has recently got investors’ hope...
Read More »Bitcoin Price Stabilizes Above $7,000 as Only 169 Days Left till BTC Halving
On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...
Read More »Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?
In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...
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