26-12-2019 19:47 via newsbtc.com

Early Bitcoin Adopter Throws Cold Water On Halving Narrative; Here’s Why

As NewsBTC has covered over the past few weeks, a debate has erupted around Bitcoin’s impending block reward reduction. Informally known as the “halving” or the “halvening,” every four years the number of BTC issued per block (every 10 minutes or so) gets cut in half, resulting in a negative supply shock on the market.
Analysts are currently divided over whether or not it will affect the underlying BTC price in a positive way — we just published another report
Read more »