Here is what happened to the Bitcoin Price when the last halvening happened. Cutting the daily supply in half can double the equilibrium price if the inflow into Bitcoin stays the same.
Although the terms Blockchain and Bitcoin are used interchangeably, their features and characteristics are quite different. While Bitcoin has given a new meaning to money, the foundation of Blockchain’s technology may very well be responsible for the most important invention of our time. Blockchain is often thought of as a distributed ledger to help record Read more about Application of the Blockchain for Identity Screening and KYC[…]
As the Bitcoin block reward-drop ETA date of July 10, 2016 fast approaches, many are excited at the prospects that lie ahead, specifically the projected increase in value. This is a significant milestone for crypto enthusiasts. Some miners are concerned that this may devalue the currency as a whole, nevertheless investors, daily traders, and users Read more about What will the effect of Block-Reward Halving be on Bitcoin Price?[…]