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RE: Steemit Crypto Academy Contest / S12W2 -: STEEM Vs Bitcoin halving

in SteemitCryptoAcademy10 months ago

I want to say thanks to you that you give your precious time while making your participation in this engagement challenge and you successfully illustrated your technical analysis as well as the theoratical answers of all the questions in your best way.


Bitcoin halving event occurs after mining of a particular amount of blocks and after 4 years as it is also mentioned already in the white paper so this thing can never be changed and I think this is most important event and interesting step for everyone to have an opportunity and have a chance of see a pump in the price of Bitcoin and other currencies as Bitcoin also have significant impact on other cryptocurrencies and if I talk about impact of Bitcoin on other currencies then there is direct relationship between Bitcoin and other currencies so if Bitcoin rate is increasing then other currencies rate would also increase and if Bitcoin rate is dcreasing then other currency rate with also decrease.


I agree with analysis and predictions that you thought about future of Steem and we should always hope for best ideal it is true that we cannot give guarantee of rate that we are predicting and analysing through different technical tools but still our role is enough if we are using authentic tools so I wish you great success.

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