Halving Bitcoin will come in 500 days. What will happen to the price of cryptocurrency?
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To halving there are exactly 500 days, and therefore reducing the reward for a unit of cryptocurrency will begin to influence its price not so distant future. According to Bitcoinist, the previous procedure of halving always causes severe price fluctuations of the asset. However, the main question still remains — repeat the history this time?
theEffect of halving
Almost a year ago the price of Bitcoin jumped to a record for all time of existence of the cryptocurrency in December 2017, it reached almost 20 thousand dollars. Some experts believe that the rapid growth of the home cryptocurrency was due . We will remind, the previous procedure of halving took place on 9 July 2016. Then the reward per block 25 BTC has decreased to 12.5 BTC.
500 days to go until reward halving
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