Top Investor Explains Why Bitcoin Halving “Cannot Be Priced In”

In approximately 10 hours after this article is published, Bitcoin will see its latest block reward halving. Image from Bitcoinblockhalf.com This is when there is a 50% decrease, or a halving, in the number of BTC minted each block. This upcoming 2020 halving will drop the block reward to 6.25 coins per block. One the […]

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Are Bitcoin Miners Pumping BTC’s Hashrate to Profit from Halving?

There’s a notable increase in bitcoin’s mining hash rate, as miners now seek to acquire as many coins as possible before May’s block reward halving. As Always, Economic Incentives Drive Mining Not surprisingly, Bitcoin’s major price drop last month resulted in an equally notable drop in mining. Older, less-efficient rigs simply became too unprofitable to […]

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Who will Mine Bitcoin when Prices hit $1000? ‘Last Miner Standing’

According to his models, the “common sense” prediction is that bitcoin price is going to $135k, says Adaptive Capital partner and on-chain analysis expert, Willy Woo. However, if there were a major trend reversal and the price dropped to the $1,000 range, we’d be testing the “last strongest Bitcoin miner that can keep running.” Testing […]

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Bitcoin to Become Superior to Gold After 2020 Halving

After the second halving in 2016, Bitcoin’s price skyrocketed. So, will the third halving, scheduled to occur in May 2020, repeat the same? A Pre-Halving Bitcoin Price Rally Is Already Underway A Bitcoin halving occurs every four years. At each halving event, the BTC generation algorithm cuts the block reward by half. As a result, […]

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3 Reasons Bitcoin Can Hit a $1 Trillion Market Valuation This Year

Bitcoin price predictions are always a point of contention. They have ranged from mind-blowing seven-figure surges to more sedate extrapolations of current market conditions. One industry executive thinks it is quite plausible for BTC to be $50k by the end of 2020 and here’s why. Speaking to Bloomberg, Nexo founder Antoni Trenchev said that company […]

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Bitcoin Demand Model Reveals a ‘Clear Growth Trend’ (Since 2011)

The overall chart of Bitcoin demand has shown a clear growth trend, with demand in dollar terms increasing by 2.2 times each year.  BTC Demand May Become Self-Fulfilling Prophecy The big mystery for Bitcoin is whether the reward halving would cause a significant price rally. Skeptics see the possibility as rather distant. Attached a slightly […]

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‘Still Positive About $1 Million Bitcoin Price By 2020 End’: John McAfee

Bears showed up en masse to administer a proper beatdown to Bitcoin price today. Where do we go from here? Big Players Orchestrate a ShakeOut On Sunday bears launched a coordinated assault on Bitcoin price which resulted in the price dropping below $10,000 for the first time since July 2. By the weekly close, the […]

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5 Plausible Reasons Bitcoin Price Exploded Over the Weekend

The buying frenzy may have cooled off a bit, yet Bitcoin is still keeping its head above the $7,000 mark. What caused Bitcoin price to skyrocket this time around? Digging a little deeper, it appears it was not retail-driven. Why Bitcoin Price Went Ballistic Oftentimes when we see a Bitcoin buying frenzy, it’s fuelled by […]

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