CRYPTO-MARKET RETURNING WHILE BTC SUPPLY IS GOING DOWN
You’ve seen Bitcoin in the news lately… but have you seen this?
By April 27th, it’s rumored that the world’s largest retailer could begin accepting cryptocurrencies…As a result, dozens of little-known cryptocurrencies could easily begin skyrocketing in price…
This might be your last chance to get rich from all the hype…
The market is making a nice comeback as we speak...just a slight dip, and now it's looking bullish again. There was a little bounce and a correction. EOS (EOS) has been making moves. It is back in the $15-$16 range. We called this one as underpriced just a couple of weeks ago around $5-$6. Not a bad almost 300% return in a couple of weeks on that one.
There was a good article on Coindesk https://www.coindesk.com/17-millionth-bitcoin-mined-means-matters/
about the supply of Bitcoin going down due to the 17 million-th coin being mined. No more Bitcoins can be mined after 21 million. There will still be mining money from processing transactions and processing the blockchain, but supply going down and demand going up means the value can really shoot up. So, this is actually good news because new coins or coins being "minted" can create deflation or devaluation of the currency. All those predictions in 2017 of BTC going to $500k may come true at some point. Either way, the value of BTC going up drives the market up in general.
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