Replies to post #21524 on First Bitcoin Capital Corp (BITCF)

[StihlsawsRule]

5/8/2020 pop today .148. Does anyone know if GR finally pulled his head out of his ass and told SEC whatever the F it is they wanna hear?

[conix]

Bitcoin: The price of Bitcoin (BTC-USD) will be watched with the cryptocurrency preprogrammed to cut the reward per block mined by 50% in a halving action that occurs every four years. "Halving will impact profitability of mining bitcoin because work and resources will need to double in order to achieve the same reward as before," says ThinkMarkets analyst Fawad Razaqzada. "However, if the value of bitcoin appreciates significantly then this will offset some of the costs," he added. In 2012, the price of Bitcoin fell sharply after the halving day, while in 2016, it went up before falling back down in a few months. On both prior halving occasions, the long-term trend was higher prices. The halving action is expected to fire off around May 12 based on Bitcoin mining activity at which time a Bitcoin block reward will decrease from 12.5 to 6.25 coins.