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RE: Bitcoin Halving | What is it and what effect will it have on the BTC price?

in Project HOPE5 years ago

Wow! It's really a great news that the halvening process can actually lead to the increase in value of Bitcoin even though the commodity may seem to be very scarce and miners won't be able to mine at a very higher rate unlike before but I think it's really the best process so far though since it's always done every four - four years.

It's also nice that some cryptos are also increasing in price due to the increasing worth of BTC but I just hope steem will be able to increase from it's initial value to a more profitable worth.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕❤️💕💕❤️💕❤️💕❤️❤️

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Hi, I think all the cryptos will benefit from BTC halvening, but in the next months / years, this event is fundamentally bullish, but in the long term. Short term, there could be a manipulation.