Bitcoin Block halving: Now is just the beginning
Bitcoin halving will also be included in the mix in May 2020. We all saw Litecoin gain as the Coin approaches its block halving. If something similar happens to Bitcoin at the beginning of next year, BTC could rise another 200 percent in a very short time.
Halving will reduce inflation from 3.77% to 1.8% as the premium is reduced from 12.5 BTC to 6.25 BTC. This exacerbates scarcity, which usually leads to rising demand. Over 84% of all Bitcoin have already been mined – and with 17.7 million in circulation, the price can only go in one direction. In the not-too-distant future, there may well be people who are referred to as “full-coiner” because they are fortunate enough to own a whole BTC.
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