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Author Topic: [2015-12-14]NEWSBTC.COM : 2016 to be eventful for bitcoin  (Read 175 times)
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December 15, 2015, 02:58:11 AM

2015 was quite a good year for bitcoin considering the huge amount of investment dollars it has attracted and the positive attention it has received from leading financial institutions such as banks and clearing houses, etc. The underlying technology i.e. the blockchain has gained immense respect from leading technological and financial firms alike. But it does not end here; 2016 could be yet another eventful year for the cryptocurrency.

Bitcoin Reward Halving

Mid-2016 would also welcome the much-anticipated bitcoin reward halving to 12.5BTC. A majority of the bitcoin community expects this reward halving to boost the price as lower bitcoins will be generated every 10 minutes. The event will also remove less capable mining companies as difficulty increases even as reward halves.

"The economy depends about as much on economists as the weather does on weather forecasters"  Jean-Paul Kauffmann
"The risk / reward ratio is nuts. Playing with altcoins is like picking up pennies on the highway"  BlindMayorBitcorn

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