HALVING BITCOIN - rally or precipice?

in SteemLeo4 years ago

Dear Steemians,

I turn once again to your wisdom to find out from you, what you think of the halving Bitcoin so close. It will occur in a few days.

There is growing interest in understanding how Bitocin halving will affect the world of cryptocurrencies.

The opinions are very discordant: someone says that the price will reach astronomical figures, others say that the market will collapse because too small miners will be cut off. A sort of big bet, with hundreds of millions of dollars on the plate.

In the previous Halving important rallies were created, but the economic and global situation was different. If this time too the price will skyrocket, it means that the cryptocurrency market is totally independent, which does not receive variations from the outside world.

What is your opinion?

FULL DISCLAIMER – I AM NOT A FINANCIAL ADVISOR, PLEASE DO YOUR OWN DUE DILIGENCE

If you find this post interesting, follow me :) Thank you very much for your attention from @dudithedoctor

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Dear @dudithedoctor

Solid read. It's clear that we're sharing similar interests towards blockchain technology and crypto.

Perhaps you would like to check out this contest / challenge done by my good friend hardaeborla: "What is Bitcoin Halving ?".

Enjoy your weekend,
Yours, Piotr

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