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Title: Multi-Billion Crypto Manager Sees Next Halving Triggering Bitcoin Price Boom Post by: livegogo on June 09, 2019, 01:57:07 PM In the past six months, the bitcoin price has increased from around $4,000 to $8,000, recording a staggering 115 percent year-to-date gain against the U.S. dollar.
Historically, the bitcoin price has tended to recover a year before and after the block reward halving, a mechanism that decreases the rate in which new bitcoin is produced by miners by half. Grayscale, an investment firm that oversees more than $2 billion in assets under management in products such as the widely utilized Bitcoin Investment Trust (GBTC), sees the halving offering an attractive entry point for investors. https://www.aiatoken.com/ (https://www.aiatoken.com/) Title: Re: Multi-Billion Crypto Manager Sees Next Halving Triggering Bitcoin Price Boom Post by: akeegan on June 10, 2019, 04:59:39 PM I think everyone is really watching and wondering what the halving will happen to the coin. I guess we could wait and watch to see what happens to litecoin and then btc this time next year
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