The Bitcoin split will take place this year

[godislovefll 1880]

On 3/17/2020 at 7:07 AM, Nezar said:

Hello my friends, I will make some clarifications about the currency split that will happen this year and this explanation is directed to all people who have no idea about this topic.

The half will be in mid-May 2020 as the bitcoin mining bonus will be halved,

This will be the third event to reduce the Bitcoin bonus, which takes place almost every four years, or after every 210,000 blocks This event will start when the bitcoin block "63001" is reached which is expected to occur on May 14, 2020 The mining reward will decrease from 12.5 BTC to 6.25 BTC per block.

The first half was cut in 2012 and the block bonus decreased from 50 to 25 BTC. In 2016, the bonus fell again from 25 to 12.5 BTC.

The consensus rule and algorithm will continue by demonstrating this work around the Bitcoin chain and will continue to cut rewards for half once every four years, until the year 2140 when the last cents of 21 million bitcoins are traded. The result is that over time, fewer Bitcoins will be created each day, which reduces the overall inflation rate on the network.

Then you might think that one of the reasons why BTC is so high is due to the split that is happening with BTC and also perhaps because of the pandemic and the current situation, because today we see BTC take a lot of strength and go in a lot of rise and It is not in descent.

[Syedbesharat 5423]

The halving event is very important for miners where they het the reward but the reward is decreasing and the price of BTC is increasing. But it will be hood if the reward doesn't drop bit Satoshi set this algorithm in system where miners get reward after 2,10000  block ming .Their would be reason for that ,the mining will goes down as per reward decreases because miners know they have to wait for four years or wait for 2,10000 block mining then they get reward. The miners will shift to another coin and the number of BTC fresh will decrease and demand increases. 

[khan22 3478]

On 3/17/2020 at 4:07 PM, Nezar said:

Hello my friends, I will make some clarifications about the currency split that will happen this year and this explanation is directed to all people who have no idea about this topic.

The half will be in mid-May 2020 as the bitcoin mining bonus will be halved,

This will be the third event to reduce the Bitcoin bonus, which takes place almost every four years, or after every 210,000 blocks This event will start when the bitcoin block "63001" is reached which is expected to occur on May 14, 2020 The mining reward will decrease from 12.5 BTC to 6.25 BTC per block.

The first half was cut in 2012 and the block bonus decreased from 50 to 25 BTC. In 2016, the bonus fell again from 25 to 12.5 BTC.

The consensus rule and algorithm will continue by demonstrating this work around the Bitcoin chain and will continue to cut rewards for half once every four years, until the year 2140 when the last cents of 21 million bitcoins are traded. The result is that over time, fewer Bitcoins will be created each day, which reduces the overall inflation rate on the network.

Its mean that this time the Bull of the BTC is 100% real and it make easily high of 200,000$ and the BTC holders will make good money in the market. Crypto is a great market which give us great opportunity to buy the coins and hold that for the future.

[jappy 1129]

The btc will always continue to rise, this is because factors external to the market lead without any doubt that the demand for it rises too much and this will always be at least for these years without any doubts.

[Amr90 1064]

Very important information that I will save,
But what will happen after 2140?
We will not be there to see what happens then, will the bitcoin price rise madly or settle within a certain range,
Will there be no fees for dealing and transferring Bitcoin at all?
Questions we will not know the answers to now.

[Syriana 350]

My friend, I think that your words are advice that motivates us to work and search for bitcoin and keep it so that in the future we will be safe and we have enough bitcoins so we have to work from now to make critical decisions about finding, storing and investing bitcoin for the future

[Msh9 84]

I do not have any information on this topic, but this year Bitcoin got wide fame in all countries of the world, so it has a wonderful and prosperous future.

[yulitzacalvete 1366]

Entonces podemos pensar que deberíamos ahorrar mucho BTC por esa reducción que menciona cada 4 años ya que creo que BTC subirá de valor porque se está entendiendo que habrá menos extracción y esto puede incrementar la demanda.

[Nupeboy 627]

Thank you for this wonderful information that you have given us at least we have got to know more about bit coin halving I will advise us to read this post well so as to know more about it and we will not get affected in anyway

[Edwinvicky 819]

Whenever bitcoin halve, we always see an increase in the price, the halving coupled with the lockdown contributed the increase of btc price this year 2020 as we see newbies and many organizations have invested recently in crypto.

[Serbberq 724]

Thanks for sharing, this is very important because the bitcoin halving and now the bitcoin price is rising and hot a very huge price and those that hold bitcoin have make huge profits from their holding. 

[piuri01 446]

Hello friend, I hope that this year 2021, there will be a bitcoin division, since this will allow the price to increase, and thus all people who have this type of currency in their virtual wallets, can do business with them, and have better earnings.

[Johnii 256]

Thanks my friend for this great information its a valuable and informative post. Thanks you so much for sharing this post. And i appreciate you hard work and research on this topic and keep doing this good work. 

[Merry Cherry 670]

According to my opinion the value of the bitcoin is decrease abd the people has not enough money to invest due to current situation. I think the bitcoin will not  split in this year. People are no doing trading due to decrease the value of crypto. 

[dlal88 725]

Dear thank you very much for providing this valuable information that all members benefit from. Yes, I think that in 2021 the price of Bitcoin will rise to its highest rate due to half, as everyone sees that there is a strong relationship between increasing the prices of encrypted currencies, especially Bitcoin and half, where many investors are waiting for  Half is therefore difficult to know predictions

[Moudr 513]

Thank you for this thorough explanation, from which it was concluded that with the passage of years the value of the Bitcoin currency will increase due to the cessation of its mining over time, and perhaps the trade will need in the future to a larger block of Bitcoin.