The next bitcoin halving is right around the corner and adoption of cryptocurrency is slowly rising, so what can we expect on May 12th. As a result of this halving bitcoin reward for miners will be halved, which means it’ll drop from 12.5 to 6.25. Now the question is what will be the price prediction and how will the market react to this. If we look at the first two halving in 2012 and 2016 we have seen a massive rise in bitcoin price, but the truth is no one know whats going to happen this time, the exact impact of May 12th halving is difficult to predict. As a crypto enthusiast I’m interested in the question whether its a good time to buy bitcoins?
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hi @moneebt786
Good morning there. I've bumped into your account a moment ago and it's clear that we're sharing similar interests towards blockchain technology and crypto.
Perhaps you would like to check out this contest / challenge done by my good friend hardaeborla: "What is Bitcoin Halving ?".
Enjoy your weekend,
Yours, Piotr
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