RE: LEARN AND EARN Challenge - "What is Bitcoin Halving ?"
Wooo friend @hardaeborla, thanks for sharing this original idea, congratulations this really encourages participation.
Regarding today's topic, I must say that I knew about Halving BTC very recently and I was interested in doing a little research, I think most of them here understand what this means.
Halving is an event in which the block reward of a cryptocurrency is divided in half in order to reduce its emission level, it is an automated process of halving the bitcoins that miners receive as a reward for block creation
After this event the reward will be reduced to 6.25 for each block.
As for the expectation generated around the Halving, I think that many expected an immediate rise in the price, I include myself, but I think that if a bullish raly is produced, it will be slowly.
Another issue that should be discussed is mining, as it affected miners the reduction in half.
Thanks friend!
Lols... most people are really expecting the bullish rally to be very fast after the halving process even though it may actually take time for this to happen
Dear @fucho80
Brilliant piece of work buddy. We've upvoted already it with PH and steemcurator06 accounts.
I would like to take an opportunity and share with you post by @ qsyal, related to Halving:
After more 10 days ..Should I get optimistic or pessimistic about the Halving?
This user just joined our community recently (after long break) and I'm helping him to get some valuable traffic. Hopefully you will find this article worth checking out :)
Enjoy your sunday,
Yours, Piotr