Bitcoin is on the way

in #bitcoin6 years ago


Bitcoin Ready for next Breakout 

Good morning friends after three months of massive loss i have good news for you.Bitcoin price is moving toward 11000$ mark my words i am not sure but there is a positive fud on CCN. 

Some technical experts says that involving muslim community in purchase of bitcoin make it more powerful. There was conflict between some countries Islamic shariyaat.

As recent year Ulma of kuwait Called bitcoin a haram product. they target that a thing which has no physical existence how could be Buying it a Halal ?

So recent days after some investigation on bitcoin mechanism Sufis from Saudi Arabia called it Legal and Halal.

  • Upcoming Key facts for Improvement of price.

Bitcoin Mining And Halving

As we know  85 percent of total bitcoin already mined. Bitcoin has its own limited supply now so when Bitcoin mining will be stopped and Bitcoin halving season which is coming near 2020.

History repeat it self and we will see again  big jump in bitcoin price,due to high demand low supply and halving of mining profit> I suggest the future key level of bitcoin is between 25,000$ to 40,000$.Only 700 days left for next Bitcoin halving so if you are long term investors mark my prediction in future bitcoin will be more precious.

According to some experts Market will Short again from 8000$ key level and investors will be back on market some usdt holders are waiting for Bitcoin to come back to 74000$ Level. After some price correction we can hope Next breakout will lead Bitcoin to 10,000$ .

  • Bitcoin Stats And Technical facts

 Total Bitcoins in circulation:16,976,750 
Total Bitcoins to ever be produced:21,000,000
Percentage of total Bitcoins mined:80.84%
Total Bitcoins left to mine:4,023,250
Total Bitcoins left to mine until next blockhalf:1,398,250
Bitcoin price (USD):$8,017.60
Market capitalization (USD):$136,112,790,800.00
Bitcoins generated per day:1,800
Bitcoin inflation rate per annum:3.95%
Bitcoin inflation rate per annum at next block halving event:1.80%
Bitcoin inflation per day (USD):$14,431,680
Bitcoin inflation until next blockhalf event based on current price (USD):$11,210,609,200
Total blocks:518,140
Blocks until mining reward is halved:111,860
Total number of block reward halvings:2
Approximate block generation time:10.00 minutesApproximate blocks generated per day:144
Difficulty:3,839,316,899,030
Hash rate:28.16 Exahashes/s
 
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how do you think about bitcoin lately that always go down its price?

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