Sirwin
Sirwin

The halving are already here!!!

By Papiloskibtc | Cryptocoins2020 | 10 May 2020


A positive environment is perceived in the market, while others assure that the miners will no longer be the biggest sellers of bitcoin.

 

This Tuesday, May 12, the third bitcoin halving is carried out, for those who already have bitcoin from small amounts to what they have hoarded the most, they are living a positive environment since the price of bitcoin is expected to shoot up its value after the halving, So much so that in the last month the percentage of btc sales in all exchanges fell and this is because nobody wants to sell, but many want to buy at a skinny hen price.   Estimates come and go, some aspire up to $100,000, but that would not be in the short term, it is understandable since in the 2 previous halving, both in 2012 and 2016 what was estimated for this year occurred, since in 2012 $11 per btc went to 265 and in 2016 it reached the historical mark of $20,000.   A short-term price of $20,000 per BTC is estimated, because if you cut the profits of the miners in half, the law that says, less production, more cost should surely apply.   On the other hand, miners will no longer be the biggest bitcoin sellers,    They will not have the largest sales volume as usual, since their production is reduced after the halving, but probably if they earn the same amount in dollars, because if they mined 25btc at $ 10,000 they are $ 250,000, it would not affect anything if now they only mined 12.5 btc but it sells for $ 20,000 per Btc would be a total of $ 250,000 so we say here nothing happens, here only halving is expected to see the increase in bitcoin.

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Papiloskibtc
Papiloskibtc

Cryptocurrency fan, I like the reading related to crypto assets, years interacting with altcoins.


Cryptocoins2020
Cryptocoins2020

Crypto and notice.

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