Bitcoin Halvening Breakdown $100K Price - Impact on XRP ETH & Crypto Market

Thinking Crypto News & Interviews - Un podcast de Tony Edward

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HEY ALL, MADE A MISTAKE WITH XRP PERCENTAGE, SHOULD BE .019%, WHICH WOULD PUT PRICE AT $15.20đŸ”„ Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6đŸ”„ Become a Channel Member - https://www.youtube.com/channel/UCjpk...đŸ”„ Help support the channel by joining my Patreon group - https://www.patreon.com/thinkingcryptođŸ”„ Download Brave Browser to Earn Free Basic Attention Tokens - https://brave.com/thi921đŸ”„ Sign up with Coinbase for Free and get $10 free Bitcoin when you spend $100! - https://www.coinbase.com/join/59db057...đŸ”„ Easily purchase Altcoins such as XRP, Cardano and more on the Binance exchange - https://www.binance.com/?ref=2157551đŸ”„ Get $25 off your Coinmine One purchase - https://coinmine.com/thinkingcryptođŸ”„ Follow on Twitter - https://twitter.com/ThinkingCrypto1đŸ”„ Follow on Facebook - https://www.facebook.com/thinkingcrypto/đŸ”„ Instagram - https://www.instagram.com/thinkingcry...đŸ”„ Website - http://www.ThinkingCrypto.com/=================================================Help support the channel! Donations :BTC - 3GPcKwB3UGML4UiYqZM6BYx7Nu5Dj7GKDDETH - 0x7929e49cabe8d95d31392eaf974f378b508da2f4LTC - MWMhsyGX7tsTPGS2EtSCAWpy3ywCv25r6BXRP - rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv Destination Tag - 35594196=================================================#Bitcoin #XRP #EthereumPrefaceMarkets move in CyclesThe entire Crypto market currently moves with BitcoinCurrently in a bull market - Bitcoin bottomed in December 2018This is also an accumulation phaseHalvening FactsThird Bitcoin Halving Coming up in May 2020Bitcoins first block reward was 50 BTC. This meant that every 10 minutes a bitcoin miner had 50 bitcoins sent to their wallet for confirming a transaction.The current block reward is only 12.5 BTC, this is due to the block reward being cut in half (or halved), twice. This feature is programmed into Bitcoin and occurs every 4 years (210,000 blocks) and will continue until the last Bitcoin is mined in 2140.The next halving is set to in May 2020, reducing the block reward to 6.25 BTC every 10 minutes. This halving could change Bitcoins price significantly, like previous halvings have done.First HalveningThe first halving occurred on November 28th 2012 when one BTC was worth around $11. A year later, bitcoins price surged to $1,100 in 2013, a price never before seen with Bitcoin. 100x Growth!Bitcoins price eventually fell to around $220 and it remained below $1,000 for the next few years. Even at its bottom Bitcoin was still up 20x from its price before the halving.Second HalveningThe second halving took place in July 2016. Bitcoin maintained a price of around $600–$700 before flying to near $20,000 in the great bull run of 2017.Bitcoin had grown over 33x from it’s price before the second halving and over 1,818x from its price before the first halving.Upcoming Third HalveningBitcoin could likely hit a 10x from its price before the halving, so $80K - $100K looks possible!Even if it did a 5X from the current price -...

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