Bitcoin halving May 11 2020
Good KARMA to everyone!
Today is a historical event for the Bitcoin network! Known as as the “halving”. At block 630,000 at 15:23 EST May 11 2020 the network was programmed to reduced the bitcoin rewards by half. This block was awarded 6.25 (down from 12.5) bitcoins to the China-based Antpool, the 4th largest mining pool based on computing power. The 2020 halving marks the 3rd in Bitcoin’s history and the next one will happen in approximately 4 years. At the halving, BTC was trading at approximately $8500 USD.
So will bitcoin go up in price 3 days from now? There are many people who think bitcoin will rise after the halving and many who think the price will dump shortly after the halving. What do you think? Yes or No comment below. If you are really confident about your answer, then you can put where your money where your mouth is on the PredIQt site. https://prediqt.everipedia.org/market/68?ref=ianjeffreys1
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