Can Bitcoin really hit $100k? If so, then when?

David McNeal
Nov 7 · 4 min read

To answer this question, there are a few things to consider:

The Next Bitcoin Halvening

There’s a clause in the monetary policy of Bitcoin which states that every four years (roughly), the rewards for mining new bitcoins is cut in half. Today miners earn an average of 1800 Bitcoins per day now, which will be cut to 900 Bitcoins in 2020…

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David McNeal

Written by

Freelance Cryptowriter — Trading, Cryptocurrency, Blockchain, FinTech, and Compliance.

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