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RE: LEARN AND EARN Challenge - "What is Bitcoin Halving ?"
Great initiative for better interaction on the chain.. Kudos!
As for the effect of btc halving on the price? Well l, every expert has predicted that it's gonna be a high increase effect which will only be seen in the long or far term.
Some experts have even predicted that the price will hit $18,000/btc. But let's be logical here. Every time btc halving takes place, there's always an increase in price and we all know that when the reward pool of btc finishes, btc will become like gold. Meaning that nobody will have btc to distribute any more and the demand will still remain high. This invariably will increase the price on the long run. So it's advisable to buy btc and hodl.
The better days are coming. Trust me.
Hi, amazing comment @desmoniac
We've upvoted already it with PH and steemcurator06 accounts.
Consider subscribing to our project.hope community: https://steemit.com/trending/hive-175254
And also I would like to take an opportunity and share with you post by qsyal, related to Halving:
After more 10 days ..Should I get optimistic or pessimistic about the Halving?
This user just joined our community recently (after long break) and I'm helping him to get some valuable traffic. Hopefully you will find this article worth checking out :)
Enjoy your sunday,
Yours, Piotr