Bitcoin production cut, other currencies up

1. bitcoin halving is good for the price, but there is no definite time when the good will be reflected in the price. We all know that the price will rise, but when and where it will go, we are all guessing.

2.

In the future, the value of bitcoin will continue to rise, mainly e to the following reasons:

1. The value of bitcoin will rise over time in design

2. As the transaction volume of bitcoin is increasing every day in the world, the total amount of bitcoin and bitcoin generated every 10 minutes will decrease (that is, the bitcoin implemented on July 10 will be halved), The value of bitcoin will continue to rise in the foreseeable future

The dollar and many other fiat currencies are depreciating every year, which is e to inflation, that is, the increase of money supply. Bitcoin is designed to be deflationary

4. Since now, the supply of bitcoin has been reced again, that is to say, bitcoin has been "halved", recing the number of bitcoins proced every ten minutes. At present, the reward for each block is 12.5btc

There is no proction limit on the quantity of US dollar, so it may be inflated by the order of the government or the central bank group. Paper money (legal tender) is usually inflated by trying to pay off excess debts or by paying for war

But in bitcoin, there is no debt, inflation and bleeding. I would say that we are on the way to a good ideological start

7. Bitcoin now has a bifurcation battle, but the market fluctuation is relatively stable, which proves that many countries in the world need it. If you split a coin into two. If your assets exceed 10 million, I suggest you invest 10%

3. not always. But the overall trend is bullish
on November 28, 2012, BTC was halved for the first time, from $2.01 to $1178, an increase of nearly 600 times
on July 10, 2016, BTC halved for the second time, from $163.65 to $19800, an increase of more than 120 times
BTC is expected to halve for the third time in May 2020.

4. No, because only a small number of people believe that if the number of users does not grow, the scam will slowly break down
bitcoin is a virtual currency system developed by an organization that dare not disclose its identity. Also known as "air currency"
this kind of currency is worthless. We should rely on pyramid selling and speculation to improve the psychological value among a small number of people, then buy and sell among these people, and then continue to rely on pyramid selling to expand the population
this is a financial fraud, much like the Ponzi scheme
as long as people who are not mentally retarded, they should be aware that this is a fraud
it's just that people who speculate in currency think that they won't be the last one to take over the dish.

5. It can't be simply attributed to the exchange. Sometimes there are sudden short-term fluctuations, and the exchange does participate. But the main topic is about the monthly time span, which is difficult for the exchange to control. It is more the result of the joint operation of hot money and large institutions. However, the sharp decline of the overall currency value can't be separated from the basic economic principle: the relationship between supply and demand, This is beyond anyone's control

6. Every time bitcoin is halved, there is indeed a surge. But if you have studied bitcoin, every surge has a cycle, that is, it will not surge immediately after the proction rection. There is a long process, which may take one or two years
for reference only, it has no practical significance. After all, I don't count.

7. March 11 gray trust position
BTC - total holding: 655355btc, gray BTC unit price: $53267.69, current premium rate: - 5.4%, 24h position change: - 35btc, gray position proportion: 3.48%
LTC - total holding: 1463881ltc, gray LTC unit price: $3074.08, current premium rate (+ 1408.7%), 24h position change (+ 2449ltc, Gray position proportion: 1.98%
eth -- total holding: 3173595eth, gray eth unit price: $1697.01, current premium rate: - 5.6%, 24h position change: - 220eth, gray position proportion: 2.56%
BCH -- total holding: 293105bch, gray BCH unit price: $2631.85, current premium rate (+ 373.7%), 24h position change (+ 914bch, Gray position proportion: 1.44%
etc -- total holding: 12427501etc, unit price of gray etc: $15.54, current premium rate: + 30.4%, 24h position change: + 82027etc, gray position proportion: 10.57%
Zec -- total holding: 303877zec, unit price of gray Zec: -, current premium rate: -, 24h position change: 0zec, Gray position proportion: 3.25%
Zen -- total holding: 604247zen, gray Zen unit price: -, current premium rate: -, 24h position change: 0zen, gray position proportion: 6.26%
XLM -- total holding: 63021829xlm, gray XLM unit price: -, current premium rate: -, 24h position change: 0xlm, Gray position proportion: 0.25%
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