How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
Cult like " Believers " will never look at broken promises, and failure to perform. But serious INVESTORS look at things like this, and the failure of the halving to make the price of BitCoin go up will be very much noticed.. For those that thought institutional and other serious money would invest in BitCoin, it is not going to happen. Just another nail in the coffin of the false promise of BitCoin going to the moon.
PETER SCHIFF was right again... The halving was already priced into the market !
Hard Facts
In the two previous cases, that is, in 2012 and 2016, bitcoin in the first few months after the reduction by half fell first in price and only after the network was self-tuning again, during the year did its significant price increase. In the latter case, which occurred in May, we almost did not see a drop in the price of bitcoin. Now, the price of bitcoin is affected by many different factors, primarily positive ones, which ultimately give the result even of a slow growth in its price. Therefore, the price effect of reducing remuneration to miners should be calculated in half in about a year. We need to be patient.