The Halving Events That Will Shape The Crypto Future
When you step back and look at it the next 8 months left in this year could be some of the biggest changing happening in cryptocurrency.
The entire market is about to shrink by a massive amount. By shrinking I mean less coins to go around.
Litecoin Halving
Litecoin use to have a value of about $300-$350 at its all time highs but it was also producing 25 new coins per block!
Well in just 121 days or Aug. 6th 2019 Halving will take place for litecoin reducing block rewards down to 12.5. This will end up reducing new coins in a massive way and what helped fuel bitcoin into head spinning highs.
Ethereum Reduction
Ethereum will most likely be moved to a POS system and reducing its block rewards from 3 to 2 or even 1 when Casper is released.
Bitcoin Halving
While this one is still pretty far out 413 days or May 23 2020 it also spells exactly why I am amassing bitcoin as the reduction from 12.5 coins per block to 6.25 is really going to put a tight grip on new production.
These are the big core coins that will be playing effect this year and into 2020 that should lead us to a massive rally that makes the 2017 rally look like a side show.
A bunch of bullish events all right in a row should be the catalyst for the next bull run. Litecoin halving will keep the momentum going into August. Then next May we start the real rocket ship upwards!
It's going to really bring down the supply overall its the first time we have have so many top cryptos halving at roughly the same time
If adoption trends continue, demand will grow while supply decreases which support price growth. Economics says it is so!
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