Today it is finally so far! The long-awaited Bitcoin Halving is coming up. In the last few weeks a lot was going on around BTC. Only the Crash by 50% on 12. March, then on 100% recovery in a short time over 10,000 USD and on the weekend of the Crash to at times 15%. Also the News about the Asset proposed in the last weeks of high waves. Almost every day, traders and analysts with new estimates and forecasts reported to the word. The Halving is so special because it halved at a stroke, the inflation rate of BTC and the Stock-to-Flow value is doubled. Also, if this is denied by some on the basis of the efficient market hypothesis, one can identify but because of the last two Bitcoin Halvings a significant impact on the Bitcoin price.But this Time, really so, as it is all to be expected? In this article, we devote reasons, the 3 of us, which is why this Time everything could be different, both positively as well as negatively. A Lot Of Fun!
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Bitcoin trade volume to 50 billion USD
Every 4 years it happens automatically: the Miner reward is halved. Already in 2012, and 2016 could see Bitcoin Fans this spectacle live. While the event does not appear to be terribly exciting, since the Change is only a Software-based, the projected impact is all the greater.The fact that the Bitcoin price was for the Halving in 2016 is still almost 650 USD shows. Today, the rate is approximately 8.700 USD whole 1.240% higher. If the Stock-to-Flow model of PlanB should keep the law, we can set ourselves in the coming months and years, exciting times.But there is this Time different, such as the well-known Twitter Account, “The Crypto Lark” (@TheCryptoLark) in his Posts fixed. The entire Crypto-the area is now much bigger and better known than even 4 years ago a look at the daily volume of trade shows. It then amounted to 1.7 billion today to 50 billion in the average. Also, if again and again is that many of the Exchanges fake their trading volume, the trend is clearly identifiable.
This #bitcoin halving is very different!
Volume in 2016 1.7 Billion, today around 50 trillion! pic.twitter.com/PPkqaKcm9n— The Crypto Lark (@TheCryptoLark) May 11, 2020
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More users for Crypto-exchanges
The interest in Bitcoin is much higher so a few years ago also a other statistics: shows the number of users in the case of Crypto-exchanges. Coinbase is a good example, since the Exchange is one of the few that was 4 years ago at the market.In the 4 years since the last Bitcoin Halving the Exchange was able to pay an increase for your users, ten times there. Coinbase still had 3 million registered users, today it is 30 million. Thus, the number of people that can invest in Bitcoin and buying pressure would also increases potentially.
This #bitcoin halving is very different!
Load halving there were around 3 million registered users on Coinbase there are now over 30 million.
Literally not every Coinbase user can have $1 in btc – and that is just ONE EXCHANGE!!! pic.twitter.com/RMgRxkg0Ox— The Crypto Lark (@TheCryptoLark) May 11, 2020
Corona crisis good or bad for Bitcoin?
Another aspect of the current Situation around the Bitcoin Halving of the is different 4 years ago the economic situation. In the United States increased in the Wake of the corona crisis, the unemployment is currently up to 15%, to name just one horrifying example. On Bitcoin related are the ghosts, whether that’s for the Bitcoin exchange rate positive or negative implications of risk.So performance and a higher rate of unemployment, a lower economy for the average person, there will be less capital available. Risk Investments such as Bitcoin are not with the rest of the money probably at the top of the priority list.On the other hand, the global “money printing Orgy”, as she calls the billionaire Mike Novogratz provides for an increased interest in investments, which are inflation-protected, and for the next few years, the Potential for a return. Bitcoin could also benefit from the corona of a crisis.Of course, the differences are not all between the Bitcoin Halving from the year 2016 and the present. Like “The Crypto Lark” informs on his Twitter page, the hash rate, almost 80 – to 100-times higher, there are 150 times more Bitcoin addresses with a Balance greater than 0 and there are more than 13 times as many Bitcoin ATMs. If you benefit of this powerful development, and the Bitcoin Halving want and your own Research have made, we can put you in front of the purchase another tip to heart:
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