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Will the bitcoin price increase drastically post-halving?
Rank: Advanced Member
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Joined: 3/20/2020(UTC) Posts: 241 Location: London
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Unlike most national currencies we’re familiar with dollars and euros, which is completely managed by centralized banks, bitcoin is designed with a fixed supply and predictable inflation schedule. There will be only 21 million bitcoin. This predetermined number makes them scarce, alongside the utility that largely influences their market value. Due to its unique feature of decrease in block reward over time, it is totally different from the modern financial systems, where the central bank controls the money supply. The increase in demand and the limit in supply set to soar the rate of bitcoin per unit and trade is going to be a bull run. It is not a new prediction, it was proven in the previous two halvings - November 2012 and July 2016. Trade Herald, brings you up to a 100x leverage platform where you can deposit just $100 worth BTC and open trade and gain exponentially. The most exciting part is you can trade on 100 crypto pairs as you like, which is not possible in any other trading platform, everything at ZERO trading fees. Start Trading!
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Biznas
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Will the bitcoin price increase drastically post-halving?
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