The second in the history of bitcoin halving took place!!!

The second in the history of bitcoin halving took place!!!                                                                    Halving, or halving rewards miners mined the block has taken place. The volatility of bitcoin against this background amounted to 5% during the day.Block number 420000 was produced by a Chinese miner F2Pool around 19.45 GMT. The next block was mined after just 14 seconds other Chinese miner BTCC Pool, according to Blockchain.info.reducing the block reward every 210000 blocks. Previous halving, which was the first in the history of bitcoin, took place in November 2012.
Earlier, the miners reward is 25 bitcoins. The following halving, when the award will be reduced twice from 12.5 to 6.25 bitcoins, is expected in mid-2020.
The main attention was focused on how to behave exchange rate for bitcoin against the background of halving. Expert opinions evaluating the impact of this event on the price of the cryptocurrency on the market, went. The majority of analysts agreed in opinion that halving will lead to higher bitcoin prices. This is due to the fact that the rate of production of bitcoins will decrease, and the demand for money will rise.
Others have suggested that the price will go down, because halving will trigger the sale of the cryptocurrency assets from investors and large holders who may be frightened of the potential risks associated with the reduction of the remuneration of the miners.
Immediately after the announcement that halving held, the bitcoin price plunged by 5%, with a daily peak of $661,44 to $629,87. But soon the cryptocurrency played the fall and returned to the level of $639.
One of the main concerns related alvingham is the centralization of mining power in the hands of the largest players. For a system whose basic principle is decentralization, which means the emergence of a certain force, capable of exerting a controlling influence on the entire system of bitcoin. In addition, the reduction of the remuneration in half could lead to the withdrawal of some mining companies, whose costs will not be covered by new revenue. So, Swedish miner KnCMiner in may filed for bankruptcy, and among some of the reasons for leaving the market, KnCMiner called the upcoming halving.
Meanwhile, social media was filled with photos of bitcoin-enthusiasts, celebrating halving, which, in the opinion of many, marks the beginning of further growth in the value of cryptocurrency. So, investor and bitcoin Evangelist Roger Ver tweeted a video from the party devoted to halving.
Co-founder and CEO manufacturer mining equipment Inc 21. Balaji Srinivasan compared having with the celebration of the New year.