2 ms·
Completing the mining of 1 block of bitcoin now rewards half as many bitcoins as it used to. Bitcoin hyper-bulls think this is a massive event and believe it wi
by economicslol 6y ago
Completing the mining of 1 block of bitcoin now rewards half as many bitcoins as it used to. Bitcoin hyper-bulls think this is a massive event and believe it will lead to Bitcoin rocketing to $300K-$500k by next year. Bitcoin increased in value by hundreds to thousands of percent after the last 2 halvings but whether this is a cause and effect relation is not clear. Both were during the Bitcoin Hype train.