Next Bitcoin Block Reward Halving Might See Massive Increase of Its Price - coinness.com

Next Bitcoin Block Reward Halving Might See Massive Increase of Its Price - coinness.com /u/Klancepaul A summary of Bitcoin's price at the first two block halvings uploaded to Reddit by Telegram news channel What's On Crypto notes that Bitcoin prices increased by orders of magnitude in each period. At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What's On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023. submitted by /u/Klancepaul [link] [comments] Reddit