โ๏ธ BITCOIN HALVING IS LESS THAN 100 DAYS AWAY! ๐ ๐
Can you believe that the Bitcoin Halving is just around the corner? Usually at these times, Bitcoin tends to have major pumps going into it. ๐
What is a Bitcoin Block Halving?
A block halving is a process of reducing the rate at which new cryptocurrency units are generated. Specifically, it refers to the periodical halving events that decrease the block rewards provided to miners. (source)
In other words, the difficulty of mining Bitcoin will be cut in half!
What does that really mean? It's going to make Bitcoin much harder for miners to get.
Less Supply, More Demand = Price Going Up... simple economics! ๐โโ๏ธ
I see huge opportunity to get Bitcoin on the cheap... cheap... in the next few months... when this does happen. Not financial advice but the odds of getting BTC at these dips will be a great idea. ๐ค
Are we going to face a similar Bitcoin pump that we seen in the past? In my opinion, we are but there will be a big pullback before and after when the Halving happens.
Get ready fellow STACKERS and be sure to strap in your seat belts... it's going to be a pretty exciting times in the next 5 years!
Keep on STACKIN! ๐
~ Charles Fuchs
For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
You Can Follow Me Here:
โก๏ธ UpTrennd: https://uptrennd.stackin.co
โก๏ธ Facebook: https://facebook.stackin.co
โก๏ธ Twitter: https://twitter.stackin.co
โก๏ธ Instagram: https://instagram.stackin.co
โก๏ธ Steem: https://steem.stackin.co
- PI NETWORK: Pi is a new digital currency you can mine on your mobile phone for free without draining the battery or using data. Use The Referral Code: ( stackin ) to be on my personal team.
- Crypto.com: Get The World's First ELITE Cryptocurrency MCO Debit Card and we both get $50! NOTE: You must stake 50 MCO to get the $50 + 2% cashback on all purchases. Must use Ref code: ( mqanqykcym )
- CLAIM YOUR FREE HEX TOKENS - The first high interest blockchain Certificate of Deposit (time deposit) that is designed to go higher, faster and retain its value.
Ok, 60 more days and I will probably takes some icing off the cake and then rebuy when the price pulls back.
Posted using Partiko Android
I heard that the halving my come sooner like end of April... P.S. send me some icing lol
I heard the blocks will be so full that other groups have decided to fork it some more on the 4th of July to Bitcoin Red, Bitcoin White, and Bitcoin Blue
LOL.... I just made that up but it could happen
....
Hi, @stackin!
You just got a 0.37% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Interesting to say the least. What will this ultimately mean for Steem ( potentially)
Hi @stackin!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.321 which ranks you at #219 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 77 contributions, your post is ranked at #4.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server