The Bitcoin Halving

The Bitcoin Halving

Congratulations! We survived the long awaited bitcoin halving!

Now What?

With the bitcoin halving the block reward is cut in half for the miners. Going from 12.5 Bitcoins every block to 6.25 bitcoins every block. 

I believe with this halving of the reward it will drive the price higher in the long run. If demand for bitcoin stays stagnate or increases I could see an easy rise for the fiat price. 

With more and more people receiving unemployment stimulus in Canada and people getting unemployment insurance from the USA, I easily see people putting excess fiat into the market. 

With more stimulus on the table in both chambers of the US Congress its only a matter of time before American citizens get another stimulus!

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