So what do you think will happen when this clock hits 00:00:00 ?steemCreated with Sketch.

in OCD4 years ago

20200511 21_45_39Bitcoin Block Reward Halving Countdown.png

A few minutes from now what the 3rd BTC halving event will be in full effect.

Rewards will go down from 12.5 BTC per block to 6.25 BTC per block for the miners. That being said and since the mining cost for BTC is already really high let alone miners being rewarded half of what hey used to earn till now, "experts" expect that a lot of miners will shut down immediately after the event.

Those very same experts expect an instant dip in the price of BTC and later on that BTC will skyrocket to new highs. According to my analysis...

20200511 21_45_54Bitcoin Block Reward Halving Countdown.png

Price will either go up or down ...there's also a small probability that it will move sideways but I wouldn't bet on that. Other than that I can't think of any other possible scenario.

So what do you think will happen minutes after the halving?

Will BTC's price dive and drag alts with it?

Are you already Tethered maybe?

Do you even hold BTC...?

If you do hold are you planning on buying alts with it till things cool off a little?

Is this the end of the world?

Could that clock just stop and nothing happens eventually?

Lets talk.

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