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RE: LEARN AND EARN Challenge - "What is Bitcoin Halving ?"

in Project HOPE • 5 years ago

First let me say that this is an excellent initiative. It is my third Halving, I have been with Bitcoin since it was $ 300 and I think that despite these events programmed by nature in the bitcoin code by Satoshi Nakamoto. The market and the financial structure of price quotes respond to a naturalness expressed in three factors: space, price, time.

So the price of BTC will rise as long as the professional money is positioned solidly and prove that the offer present at the important levels is only residual and not from strong positioning.

The great difference of this Halving is that it has occurred with the accompaniment of a global pandemic that has completely shaken the financial markets and that has also led to the purchase by large investors that bitcoin is a strong refuge asset with a capacity of faster recovery than gold. Event that was demonstrated after the great fall of March 12 of this year.

Bitcoin is undoubtedly an asset that has different characteristics and nobilities than traditional assets, but it must still respect the natural laws of the market.

Thanks for this TEAM!!

5 years ago in Project HOPE by
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     5 years ago 

    First let me say that this is an excellent initiative. It is my third Halving, I have been with Bitcoin since it was $ 300 and I think that despite these events programmed by nature in the bitcoin code by Satoshi Nakamoto.

    Firstly thanks for the great commendation and I really appreciate this 😊. The initiative is just to make users to learn and earn.

    It seems you've actually been in the crypto space for quite a long period of time because I could still remember that BTC used to worth around $300 for more than 5 years from now.

    So the price of BTC will rise as long as the professional money is positioned solidly and prove that the offer present at the important levels is only residual and not from strong positioning.

    We all are really hoping for this to really happen. Most investors really invested more into BTC just to earn very big.

    Bitcoin is undoubtedly an asset that has different characteristics and nobilities than traditional assets, but it must still respect the natural laws of the market.

    This is actually one of the qualities of Bitcoin generally and this is why it will continue to remain the best asset owned by people.

    Thanks for your lovely comment

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     5 years ago 

    Thanks for your answer. And thanks for this initiation in the steemit community. Thanks a lot.

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       5 years ago 

      Dear @ale.aristeguieta

      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