Less than two months are left before the Bitcoin halving. Previously, I did not fully understand what it was and how it works. Now, during quarantine, I started searching for information on this issue and compiled a small report that contains all the necessary information that will help you understand what Bitcoin halving is.

Considered one of the most important events in the Bitcoin community, the Bitcoin reward halving is the process by which the incentives available to miners decrease by half of what it currently is. The Bitcoin Halving mechanism was put in place by founder Satoshi Nakamoto to incentivize the network and slowly distribute the 21 million currency supply.

Historically, the Bitcoin reward halving has been known to be a prelude to a monumental bull run. During the last halving event, on 9 July 2016, the market saw a surprising turn of events. When the rewards fell from 25 Bitcoins per block to 12.5, we saw an instant surge to $650. Later next month the trend continued with Bitcoin reaching $2500. As the year ended, the market saw its highest demand, pushing the price way above $20,000.

Despite the market reaching new all-time highs, the 2016 halving event was nothing when compared to the one in 2012. With Bitcoin hanging at $11 in November 2012, the halving pushed the price way above $20. Later next year, continuing with the trend, the price of Bitcoin reached $1100. A 100x price increase in less than a year was monumental, to say the least.

When is the Bitcoin Halving?
The halving mechanism was planned such that the rewards go down roughly every four years, or specifically every 210,000 blocks. The next block reward halving is expected to occur when blocking no. 630,000 has been successfully mined. According to most estimates, 18th May 2020 could be the day the rewards go down. On this day, we will see the block reward fall from 12.5 to 6.25 bitcoins.

Below is the schedule by which the halving process is said to be executed.



Why is the Bitcoin Halving Event Crucial?
It is quite evident that Bitcoin halving events are important for traders, miners, and network participants. The halving effectively reduces the number of new bitcoins being generated by the network. Following basic economic assumptions, this limit in the supply of new coins could bring about additional demand as there are fewer coins for an increasing number of interested buyers.

But the spectacle doesn’t just end there. Bitcoin has always been the spearhead of the entire crypto market. Some even term Bitcoin as the crypto market’s gateway currency, as more people are susceptible to explore other “altcoins” after they get into bitcoin. The last halving was nothing different. In 2017, about 9 months after the halving event, the entire crypto market saw its greater ever run. Looking at Bitcoins’ returns, a huge pump was seen in other cryptocurrencies as well. Many currencies saw their highest ever listings, just because Bitcoin was pushing the market through the sky.

Now that we understand what the halving event means for the market, it is important to know what it means for other cryptos as well. We can expect a lot of projects taking advantage of the upcoming 3rd Bitcoin bull run, but there will be some of them that push the hardest.

Effects of Bitcoin Halving on the Crypto Market
There is immense debate in the community about the effects Bitcoin halving might have on the entire crypto market. Some experts say that this time around the impact could be negative, whereas a large portion believes we should trust the historic trend and brace ourselves for another trip to the moon.

The last bitcoin bull run, that peaked in early 2018, started showing signs of an upward trend almost a year after the halving event happened. So, it is still quite early to call the shots. But looking at the run, there are quite a few things we can see happening again. For instance, Ripple, and its native token XRP, were quite easily the best perf




orming crypto asset in the historic run. The gains during the bull run were astronomical. According to certain estimates, XRP saw a price increase of 36,000%. Since then, Ripple has made its journey downwards to about the same place it was before the 2017 bull run.

Similarly, the entire crypto market has shown signs of downfall. With the recent advent of the Coronavirus and emergency economic packages announced by governments around the world, it is quite tough to pinpoint the effects halving might have. But if history plans to repeat itself, we can be assured that the halving, along with the sudden inflow of fiat money supply, could result in another domino effect that brings historic price fluctuations, shadowing even that of the previous halving.

Now not only a virus, but also the economy as a whole is being updated, going through difficulties. What is the advantage of our product, that it is relevant, since money and payment is the most ancient instrument of mutual settlement between people, the second point is that when ordering a plastic debit card, any person in the application receives immediately INSTANTLY a virtual deposit with all the details for online purchases and online business is currently experiencing the most incredible rise, as everyone is afraid for their lives and make online purchases without leaving home!

Yes, this is a good offer for the community, but it was a limited offer of 150 cards, where a card as a gift when buying 150 CTN, today there are 16 cards left and most likely there will be none the other day.

Our project is developing with the help of its funds and the resources of international partners. Today, the company is confidently moving forward and in many respects it will abandon the usual ISO for everybody and deviate from the existing real business, which is increasing its crypto community!

We will remove the programs from you, but I answer your judgment, my account was standing for a long time because I was engaged in real business and starting a company and it was not important to participate in discussions on this resource, and this account is mine, as I invented it by name by passport and surnames for that and nickname Aleksandr_ov

Dear partners, we have definitely suspended the program, until the full launch of the site and WP, we plan to resume in the next week. Follow our telegram channels https://t.me/cetan_eng, https://t.me/cetan_rus_speaker all news and updates.

We did not expect increased interest in our product, which means that we are on the right track! The company operates normally and launches products.

One of the priority areas is the telegram community, supporting and increasing the community and the company's capitalization through positive chatting!

We took priority directions through which we want the whole world to know about us!

They made changes in the number of posts in Telegram, instead of 140 SMS in two weeks they made 90 sms.
How to participate in the Telegram campaign? It’s simple enough to subscribe to all CETAN groups and write 3 messages a day, with a positive message about the CETAN coin and the financial platform.

In the coming days we will update the site and white paper.

Through the link, the debit card holder makes purchases.
YouTube
 

[BOUNTY] [ICO] | CETAN - financial core of the cryptoworld & platform with debit



General Terms

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Stakes allocation for each rank :

Full Member: 4 stakes/day
Sr Member: 6 stakes/day
Hero/Legendary: 10 stakes/day


Instructions to participate :

- Add the signature corresponding to your rank level and the avatar and personal text
- Notify in this thread once you have the signature, avatar and personal text on, and only then you can fill the form.
- Fill out this Google form


Rules :

- Do not discuss the bounty program in the general groups Telegram, Linkedin, Instagram, Twitter, Facebook, Vkontakte
- Participants have to be at least Full Member, do not apply if you are not at least Full Member
- Signature, avatar and personal have to be kept until the end of the token sale (you will be notified on this thread when you can remove it, do not remove it until further instructions )
- A minimum of 15 meaningful posts per week must be made. 2 weeks without posting the minimum of 15 posts a week will get you disqualified. Off-topic, spam and  burst posts will not be counted
- Posts must have a minimum length of 80 characters
- Posts are counted every sunday
- If you rank changes during the campaign, notify me.
- Accounts with negative trust from DT-2 or DT-1 are not allowed to enroll


Check your participation status here

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CETAN - financial core of the cryptoworld & platform with debit

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- Look up-to-date here on the page and change!

Full Member, Sr Member, Hero/Legendary:

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Stakes for each task :

Announcement thread translation : 100 stakes
Post from the thread author about a relevant news/video from CETAN team( check for news on the official  twitter/telegram/thread/ website for official news) : 20 stakes

Bonus if your thread has more than 1000 views :   150 stakes
Bonus if your thread has more than 2000 views :   250 stakes


Instructions to participate :

- Fill out this Google here
- Notify in this thread when your translation is done, providing a link of the translation.


Rules:

- A single post dead thread will get you disqualified and you may have a 50% penalty for very rare updates.
- One reservation per person
- Google Translator ( or other similar tools) work, bad quality work will get you disqualified, apply only if you are able to provide a high quality translation in the requested language.
- Will be counted only the posts bringing a relevant and new content from the team, with a link required for most of them, no spam or repeated unnecessary posts allowed.
- You have to provide an answer for any questions asked in your local thread, contact the team if you have doubts about an answer.
- Translations have to be posted only on Bitcointalk, no other forums.
- Wait for your approval in green to begin the work
- You have 6 days to finish your translation from the moment you fill out the form, you will get disqualified if you don't respect the deadline.
- You have to post a link to the official ann thread and official bounty thread on your local thread.


Ann thread: File for translation here

Check your participation status here

Company Translation Report here





Twitter, Facebook, Vkontakte

Stakes depending on the followers :

300-1000 followers : 3 stakes for 2 valid weeks
1000-3000 followers : 5 stakes for 2 valid weeks
3000-10000 followers : 8 stakes for 2 valid weeks
+10000 followers : 12 stakes for 2 valid weeks
+20000 followers : 16 stakes for 2 valid weeks ( you'll have to post on this thread your twitter audit to have 20 000 followers counted )


Linkedin, Instagram

Stakes depending on the followers :

300-1000 followers : 7 stakes for 2 valid weeks
1000-3000 followers : 10 stakes for 2 valid weeks
3000-10000 followers : 13 stakes for 2 valid weeks
+10000 followers : 16 stakes for 2 valid weeks
+20000 followers : 20 stakes for 2 valid weeks ( you'll have to post on this thread your twitter audit to have 20 000 followers counted )


Instructions to participate :

1 - Follow the CETAN post and then repost their posts
2 - If you have selected several advertising campaigns then your remuneration will be paid for each campaign separately
3 - Fill out the Google form for the campaign you want to run :

Twitter
Linkedin
Instagram
Facebook
Vkontakte

4 - You must make  a minimum 10 posts and 5 reposts to make full stakes in 2 weeks and no more than 1 per day
5 - Use no more than 6 hashtags and at least 3 with regular rotation: #cetan #cetancoin #cetancryptocard #bank #business #debitcard #money
6 - Report your repost every 2 weeks in these forms to get the stakes  :

Twitter - minimum 5 retweets and 10 tweets
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Linkedin - minimum of 5 reposts and 10 posts
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Facebook - minimum of 5 reposts and 10 posts
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Vkontakte - minimum of 5 reposts and 10 posts
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Instagram - minimum of 10 posts, reposts
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Telegram - minimum 140 sms
Weeks 30/03 - 12/04 ( reports have to be sent on the 14/04 maximum)
Weeks 13/04 - 03/05 ( reports have to be sent on the 05/05 maximum)
Weeks 04/05 - 17/05 ( reports have to be sent on the 19/05 maximum)
Weeks 18/05 - 31/05 ( reports have to be sent on the 02/06 maximum)
Weeks 01/06 - 14/06 ( reports have to be sent on the 16/06 maximum)
Weeks 15/06 - 28/06 ( reports have to be sent on the 30/06 or one week after the end of the token sale maximum, whichever Comes first)

Rules:

- If you don't fill out the form every 2 weeks, your participation will be disqualified.
- Your report has to be sent no later than 2 days after the end of the 2 weeks.
- You have to be at least Newbie to participate.
- The followers number is fixed and won't be changed after you filled out the form.
- Do not repost posts that are answers to other users.
- List your repost, posts with a number when you fill the form.
- Don't fill the form twice, someone who fills the form twice will get disqualified!
- 500 participants maximum, once this number is reached, the form will be closed for new participants, unless other participants are removed from the list
- Do not repost everything in 1-2 days, reposts must be regular or you might be disqualified

Check your participation status here





Stakes are based on the quality of the content :

Low Quality : 20 stakes
Average Quality : 50 stakes
High Quality : 100 stakes

Instructions to participate :
- Fill out this  form with the link of your video/blog post/article once it's posted.
- Share your link here.

Rules:

- Only 100% original work is accepted, using the work of someone else or copy/pasting parts of the ann thread/website/whitepaper will disqualify your work(s)
- For any content published in any other language than english or published outside Medium/Steemit/Youtube, only high quality content / content with a good reach will be accepted, at the sole discretion of the bounty manager
- The blog must be at least 3 months old
- The blog/video/article must be public
- The blog post/article has to have at least 250 words
- The website/blog where you post the content has to be relevant and connected to crypto/financial world.
- Your article/blog post has to have a good writing quality
- You must have at least 50 subscribers on youtube for a video
- The video has to be of good quality
- Forums must be active, same for the thread, the author has to bring updates about CETAN
- Maximum of 6 contents submitted per participant, the same article/blog post can only be posted 3 times on different websites by the same person and each reposting of the same article will get you half of the stakes of the first one
- This bounty will close one week prior to the end of the ICO
- Any content must have a link to our website  and Bitcointalk thread ( in the description for videos)


Check your participation status here

Now users can order Union Pay in the next month - maybe 2 there will be an opportunity to order VISA.

Now the site and white paper are being supplemented with positive changes, in the near future information will be available. For now, you can study our presentation and social networks.

Congratulations on your correct purchase, the first holders already use cards


Through the link, the debit card holder makes purchases.

[url=https://youtu.be/Np3M92gnBiM]

Thank you for the offer, in the coming days we will finish the necessary materials and everyone will be able to familiarize themselves with the materials!

To date, ERC20 is being implemented in your personal account, where ERC20 will be a means of payment among external operations and listing, with the development of the platform and the roadmap, we plan to launch our blockchain with the ability to create smart contracts inside our own blockchain for the accelerator to work properly.

Hello!
In the near future all the information will appear, we just created a branch. Thank you for your interest.