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#RSR/USDT
#LONG
👉Leverage : Cross 20X
👉Entry Target : 0.007900
Take profit Targets 👇
0.00800
0.00810
0.00825
0.00850
🛑Stop Target : 0.00700
#LONG
👉Leverage : Cross 20X
👉Entry Target : 0.007900
Take profit Targets 👇
0.00800
0.00810
0.00825
0.00850
🛑Stop Target : 0.00700
What is Bitcoin Halving ?
When Satoshi Nakamoto created Bitcoin in 2009, he created a decentralized design where Bitcoin is distributed without the involvement of a person or group of people. This was the innovative idea of Bitcoin mining. Bitcoin miners will get some Bitcoin as reward in exchange for generating a new block successfully by verifying a Bitcoin transaction.
How these bitcoins will be distributed among miners?
For that ,Satoshi Nakamoto put some rules in the bitcoin protocol.
-- First, the limited supply of Bitcoin will be 21 million Bitcoins, which means that only 21 million Bitcoins can be mined and created in the world.
---second rule is that every time 200 blocks are mined in the Bitcoin blockchain, Bitcoin will be cut. will be halved and this will continue until all 21 million bitcoins are mined and this is the event where the bitcoin reward is halved for every 2000 blocks mined.
The coin halving is said to be initially when Bitcoin was launched in 2009, Miners was rewarded with 50 Bitcoins for successfully mining a block until 2012, where the first Bitcoin halving event took place exactly after 2 blocks. where the bitcoin reward decreased from 50 bitcoin to 25 bitcoin and then the second bitcoin hawing event occurred in mid-2016 at block number 42 where the bitcoin reward decreased from 25 bitcoin to 12.5 bitcoin and Coin rewards will continue to be halved at each halving event until all 21 million bitcoins are mined, which will happen in the year 20140.
The bigger problem is why the supply of Bitcoin was kept limited and why this halving event was kept. The answer is very simple: Law of supply and demand. And after the halving event, so many bitcoins would be in circulation in the market before the time that the value of bitcoin remains very low. Take the example of fiat currencies which have unlimited supply and central banks will print as much fiat currency as they want. And this is one of the biggest faults in traditional fiat currencies,according to the law of demand and supply the value of currency fall very quickly..#HotTrends
When Satoshi Nakamoto created Bitcoin in 2009, he created a decentralized design where Bitcoin is distributed without the involvement of a person or group of people. This was the innovative idea of Bitcoin mining. Bitcoin miners will get some Bitcoin as reward in exchange for generating a new block successfully by verifying a Bitcoin transaction.
How these bitcoins will be distributed among miners?
For that ,Satoshi Nakamoto put some rules in the bitcoin protocol.
-- First, the limited supply of Bitcoin will be 21 million Bitcoins, which means that only 21 million Bitcoins can be mined and created in the world.
---second rule is that every time 200 blocks are mined in the Bitcoin blockchain, Bitcoin will be cut. will be halved and this will continue until all 21 million bitcoins are mined and this is the event where the bitcoin reward is halved for every 2000 blocks mined.
The coin halving is said to be initially when Bitcoin was launched in 2009, Miners was rewarded with 50 Bitcoins for successfully mining a block until 2012, where the first Bitcoin halving event took place exactly after 2 blocks. where the bitcoin reward decreased from 50 bitcoin to 25 bitcoin and then the second bitcoin hawing event occurred in mid-2016 at block number 42 where the bitcoin reward decreased from 25 bitcoin to 12.5 bitcoin and Coin rewards will continue to be halved at each halving event until all 21 million bitcoins are mined, which will happen in the year 20140.
The bigger problem is why the supply of Bitcoin was kept limited and why this halving event was kept. The answer is very simple: Law of supply and demand. And after the halving event, so many bitcoins would be in circulation in the market before the time that the value of bitcoin remains very low. Take the example of fiat currencies which have unlimited supply and central banks will print as much fiat currency as they want. And this is one of the biggest faults in traditional fiat currencies,according to the law of demand and supply the value of currency fall very quickly..#HotTrends
i am going to buy #SHIB from the profit i will get from this trade and hold for three year 🤣🤣🤣....... what would be best buying area any????
#SHIB/𝗨𝗦𝗗𝗧 #WIF #PEPE #LUNC🔥
#SHIB/𝗨𝗦𝗗𝗧 #WIF #PEPE #LUNC🔥
#PEPE
if you are Pepe holder take your profits .
as whales are transferring millions of coins .
pepe will bleed badly .....
#API3/USDT
#Portal #dusk
if you are Pepe holder take your profits .
as whales are transferring millions of coins .
pepe will bleed badly .....
#API3/USDT
#Portal #dusk
#Api3 is testing our Patience .......
i know most of you are thinking so.....as far as technical analysis it is still bullish .......but market condition changing so we are unable to see a big pump .
" Patience is the key "
even if we can't see a big pump but i still believe that there is no short trade.... as we are towards bull market .
Note : itsy own opinion that could be wrong do your own research before investing as trading is risky
i know most of you are thinking so.....as far as technical analysis it is still bullish .......but market condition changing so we are unable to see a big pump .
" Patience is the key "
even if we can't see a big pump but i still believe that there is no short trade.... as we are towards bull market .
Note : itsy own opinion that could be wrong do your own research before investing as trading is risky