Why Bee coin dow, will Bitcoin ever be 20k again? why or why not?UPDATE: I just found that the post-halving dump in mining power might have caused this spike in fees, which apparently increased block time from an average 10 mins to an average 18 mins.The difficulty adjustment that happens every 2 weeks and that happened just now might resolve all this short-term.
When is the best time to purchase Bitcoin with the Halving?Thanks for the question...Let me start by saying that halving event normally brings huge volatility to the market and that does not necessarily mean price go up or down. Short-term its a period of high uncertainty.(If you want to see what other experts have in mind check this answer.)I assume you’re
1 Week To Go ! Bitcoin HalvingAt the moment of writing Bitcoin, halving is going to happen in a week, on 12, May.Why is halving so important?Many people believe that the halving event will trigger the bull run pushing BTC price to the moon, but at the same time, we can not ignore miners' concerns whose income will fall by half i
What is the reason behind Bitcoin price increase to 9300 from 7700 USD as of 30th April 2020?There are three factors that are most likely at play here1. 11 countries seemingly already having beaten or nearly beaten the Corona virus outbreak.2. The upcoming strong inflation of FIAT money in many countries due to printing large amounts of their currency.3. The Halving, the most monumental eve
What Is Blockchain Technology?Blockchain chain technology is a method of saving digital data of any kind.It isn’t simply a currency or any particular type of ‘thing’.The blockchain
Understanding Cryptocurrencies And BlockchainWhat is blockchain?Defining blockchain: a technology with many faces. Blockchain is a particular type or subset of so-called distributed ledger technology (“DLT”). DLT is a way of recording and sharing data across multiple data stores (also known as ledgers), which each have the exact same data reco
The Different Of ExchangeVery important to choose the right exchange. Also worth checking the cryptocurrency exchange rate between different platforms. Most cryptocurrency exchanges charge excessive fees for registering new tokens, high fees for every action they take and every transaction they make such as deposit fees, ma
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Analyst Says Long-Term Bullish Indicator ‘Golden Cross’ for Bitcoin Expected this Week; Plus what actually you WantBitcoin drops to $9,730 level but “retrace is healthy to generate fuel for the next move”Next major resistance level could be at $12k while the long term indicator that indicates a bull market on the horizon is expected this weekLast week, we breached the $10,000 level, an area that has seen a lot o
Ethereum Trend Overwhelmingly Bullish: Here’s Why The Bulls Aim $250Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.The price even broke the $2