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⚡️ According to Dan Morehead, Pantera Capital cryptocurrency hedge fund CEO, the Bitcoin exchange rate will break above $100,000 in August 2021.
In a letter to investors published on Medium, Morehead said that, historically, the price of BTC reached its lowest level 459 days before the halving, and then after about 446 days it rose to its maximum values.
💬 «In this cycle, the market did in fact trough 514 days before the halving. If history were to repeat itself, bitcoin would peak in August 2021» - the expert explained.
According to Pantera Capital CEO, such growth will be associated with limited supply. «The second having decreased supply only one-third as much as the first. Very interestingly, it had exactly one-third the price impact. The reduction in supply is only 40% as great as in 2016. If this relationship holds, that would imply about 40% as much price impulse — bitcoin would peak at $115,212 BTC.» - he explained.
In the published article, Morehead also recalled that his company had predicted a growth in the Bitcoin rate to $5,000 when it was worth $65.
Forbes experts also partly confirmed the businessman’s words, after reviewing the history of the BTC exchange rate against a reduction of a block reward reduction. According to them, a new class of bitcoin millionaires may emerge after the halving.
📈 It should be reminded, that yesterday the BTC hashrate updated its maximum values. Today, №1 cryptocurrency is trading at $9911, according to Bitstamp.
📈Will Bitcoin be able to hit $10000 before halving? What do you think?
As of Friday, May 8, The №1 cryptocurrency is trading at $9783,90 now, according to Bitstamp.
🚀Subscribe to our social media to get all the updates from blockchain world!
https://linktr.ee/ecosmining
We’re offering you a possibility to take a break from halving and flow of news regarding it and read our today’s article about the most demanded cryptocurrencies for now.
🙃 But here's a little spoiler: Bitcoin is still the best one!
https://medium.com/ecos-am/the-top-10-most-popular-cryptocurrencies-of-early-2020-982a48363309
They are all talking about halving, but you still do not know what it is? We will explain it one more time and try to answer the most important question of recent days - is it worth buying Bitcoin now, 4 days before halving.
What halving is?
We have already talked about this many times, but if you suddenly missed it, halving is an event of reducing the reward for mining of each new block by half. This was programmed in the creation of the Bitcoin blockchain - halving happens every 4 years (every 210 thousand blocks), and will occur until 2140, until the moment when the last Bitcoin is mined.
How is halving 2020 different from previous ones?
Basically nothing, except the numbers change. Until 2012, miners received 50 BTC for each block mined, and after halving it was reduced to 25 BTC. In 2016, the amount of a reward decreased to 12.5 BTC, and in 2020 it will decrease to 6.25.
Is it true that it’s possible to earn on halving?
If you take a look at the graph of Bitcoin's value, you will see that both times halving led to an increase in the №1 cryptocurrency rate, but the growth did not occur immediately right after it, it happened after a while. There is a popular opinion that Bitcoin price will rise after halving 2020, but it also will be gradual. Therefore, yes, you can make money on it, the only question is when to invest.
Should i buy or not?
Many experts say that you need to invest in Bitcoin urgently (or even better - a couple of weeks ago) in order not to miss the next wave of growth. In part, they are right, but today no one know whether the rate of BTC will go down immediately after the halving, will there be a more convenient time to invest. You decide what to do with your money. We can only recall once again that it is never too late to invest in Bitcoin mining, because in this case you can earn not only on the growing bitcoin rate, but also through the process of mining the cryptocurrency. It’s really simple to start mine with ECOS! We provide powerful equipment, which will continue to perform excellent profitability even after the halving.
📈 As of Thursday, May 7, the Bitcoin price is growing!
The cryptocurrency is trading at $9325,00 now, according to Bitstamp.
🚀 Join our social networks to get all the updates from blockchain world!
https://linktr.ee/ecosmining
In 2018, the Russian entrepreneur and creator of the Telegram cross-platform messenger, Pavel Durov, announced the creation of TON blockchain platform and the Gram cryptocurrency. It seemed that this project would be able to outperform the digital currency market. How are things going with TON and Gram right now?
To begin with, it should be reminded that Pavel Durov managed to attract more than $1.7 billion of investments after two rounds of ICO, according to unofficial data. The company has initially planned to conduct a public ICO, but then changed its mind and chose investors on its own.
WorldPress creator Matt Mullenweg, Foursquare co-founder Navin Selvadurai and fashion billionaire Silas Chou are among those who invested in the project. It is known that large Russian businessmen also invested in TON - Qiwi founder Sergey Solonin, ex-co-owner of Wimm-Bill-Dann David Yakobashvili and billionaire Roman Abramovich, who invested about $300 million.
Initially, the blockchain platform and cryptocurrency was planned to be launched before October 31, 2019, according to its White Paper. But on October 12, the U.S. Securities and Exchange Commission (SEC) reported about the filing a complaint against Telegram Group Inc and obtain a ban on Gram cryptocurrency release through a court later. Why did it happen? The Durov team has not registered Gram tokens as securities. In connection with the lawsuit, the launch of TON was delayed until the spring of 2020.
Due to the fact that permission to launch TON was not received until May 1, the Telegram team sent investors a letter, the contents of which were cited by The Bell. It transpires from the file that investors were offered several options of returning the invested funds. The first option is to return 72% of the investment size. The second - if the approval for issuing the cryptocurrency is not received before April 30, 2021, 110% of the initial investments will be returned to each investor. According to The Bell, the Telegram team asked investors to give an answer before the end of this week.
But, according to The Bell, the Telegram team just sent another letter to American investors in which they say that they would be able to return only 72% of the invested funds "due to the uncertain attitude of regulatory authorities in the United States."
If you are thinking about investing in cryptocurrency, it is not necessary to wait for the release of Gram tokens. You can invest in bitcoin mining and start earning real income right now with ECOS!
🧐 Is it true that bitcoin mining requires more energy than such countries as Serbia, Slovakia or Hungary consume annually?
You will know it after reading our new article 😉
https://medium.com/ecos-am/interesting-facts-about-mining-899ed24a7c7b
🎮 If you have already watched all the films and read all the books we advised you, here are 3 more ways to take your free time. Today we will talk about the best games on blockchain!
Neon District
Do you like RPG and cyberpunk? If you do, download “Neon District”! This game was developed by Blockade Games, a studio that specializes on integrating blockchain into puzzles and games. According to the developers, they use decentralized technology to give the impression of going beyond the digital world. In the “Neon District” you will need to fight with other players to earn game items and complete the game. The first part of the game is available for now - “Neon District: Season One”. The second part will be released in the middle of the year.
Bitcoin Bounty Hunt
First-person shooter developed by the online gaming platform Donnerlab. What about the gameplay? It's simple: you need to fight with other participants and collect "Satoshi cubes." The game has a built-in Neutrino wallet and uses Lightning Network for payments. If you win the battle, you will receive a reward in cryptocurrency, which will be deducted from the balance of a loser. And you do not need to make a payment to participate! Digital coins are allocated by developers who receive cryptocurrency through the broadcast of in-game advertising.
Crypto Fights
Are you a fan of “Mortal Kombat”? If you are, then most likely you will love this game. Actually, there are still differences - “Crypto Fights” is a turn-based 3D fighting game. The developers of “crypto fights” were inspired by the Dragons & Dungeons (D&D) project. The gameplay is quite easy and interesting: you will need to create your hero and endow him with various abilities. Crypto Fights developers promise to pay a reward if you win battles.
Well, but if you are tired of playing games and you want to start earning money, then welcome to ECOS! With us you can order equipment and place it on a remote hosting in the mountains of Armenia without leaving your home. This will surely bring you much more money than these games!
“You can not stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust.” - John McAfee
Coronavirus and its consequences have been spreading throughout the entire world for several months. Today we will talk about people who are providing serious assistance in the fight against COVID-19 and are trying to make the epidemic end as soon as possible.
☑️ Jack Ma
The founder of Alibaba is the richest man in China. At the moment, his net worth is over $41 billion, according to information taken from open sources. In January, when the epidemic began in China, the businessman’s charity fund allocated $14 million for the development of a coronavirus vaccine. In addition, Jack Ma's company disbursed over $100 million to fight COVID-19 directly in Wuhan, where the virus has originated. The billionaire manages to help other countries as well - he has already sent a million of masks and half a million of coronavirus tests to Europe.
☑️ Bill Gates
Bill Gates, whose fortune exceeds $ 100 billion, also proved himself in the fight against coronavirus. He has encouraged the developed countries to help the economically weaker ones. In addition, the billionaire has allocated $100 million to the fight against the virus. It should be reminded, that Microsoft co-founder urged the world community to be ready for any pandemics in 2015, citing to the researches conducted by the Institute for Epidemiological Modeling in Washington.
☑️ Elon Musk
The founder of SpaceX and Tesla, Elon Musk, whose net worth is $ 38.9 billion, also did not stand aside. He transferred 1000 ventilation machines to the California authorities. Also he reported on Twitter that he has been working on the production of new devices. In March, it was reported that there about 170 thousand mechanical ventilation devices are at the disposal of US health facilities. According to experts, it might not be enough.
✅ ECOS is also contributing to the fight against coronavirus consequences - allows you to generate passive income right from your home to maintain your quality of life.
😨 Want to start Bitcoin mining, but afraid of becoming a scam victim? Our expert Kirill Mishanin is here to protect you and show you the right way!
https://affiliatevalley.com/guides/how-to-start-cryptocurrency-mining-in-2020-and-avoid-scam
😲 We’ve unlocked some secrets of earning Bitcoin in 2020. Click on the link to get it!
https://www.gamingforecast.com/2020/04/ecos-easy-way-to-earn-bitcoins.html
🔔 Do not miss out a new round of #Chainbusters online discussion series today! The theme of the meeting is Bitcoin Halving.
On: 2nd May 2020, at 09:30 UTC
Gates open: 09:00 UTC
The team comprises of:
✅ Dr. Marco Krohn CEO & CoFounder, Genesis Group / Genesis Mining
- One of the largest crypto mining groups in the world. Will join in from the UK
✅ Ilya Goldberg, Managing Partner, ECOS.am
– Runs an SEZ and Mining Farm in Armenia. Leads Blockchain and crypto evangelism in Russia and Armenia. Joining in from Moscow
✅ David Marshall, Partner, TradeDog
– Top class global analysis on cryptocurrencies. Holding fort from the UK
✅ Sathvik Vishwanath, Co-Founder & CEO, Unocoin
– Well, who does not know him in India? Has seen 2 bitcoin halvings.
✅ Alex Lam, CEO, RockX
- Early mining adopter. Has seen 2 bitcoin halvings and the movement of Bitcoin in China. Will be with us all the way from Shenzen, China
🎤 Discussion Lead: Pavel Bains, CEO, Bluzelle, Singapore
⚡️ “Halving would lead to a progressive increase in the Bitcoin exchange rate,”- Binance.US CEO Catherine Coley said. According to her, the halving itself may not be as impressive as its consequences.
💬 “Remember, 4 years ago, halving did not cause an instant reaction. However, bitcoin reached its historic maximum after in months. In any case, the cryptocurrency rate will be affected by the mining complexity and the heightened public interest. ” - Cowley added.
Meanwhile, she noted that the number of searches for “bitcoin halving” has increased significantly, according to google. In her opinion, this may indicate that the cryptocurrency market should expect inflows of new traders.
The CEO of Binance.US has not spared the “coronavirus factor” either, by specifying that the main question now is how Bitcoin will behave during a crisis when the world economy is in decline.
CoinCorner CEO Danny Scott disagrees with Katherine Cowley. He believes that the price of bitcoin will skyrocket to $ 20,000 immediately after halving.
It should be noted that the rate of №1 cryptocurrency has grown significantly over the past two days, exceeding the mark of $9400. Now Bitcoin is trading at $8760 according to Bitstamp.
🎙 If you want to hear the opinions of other experts about Bitcoin halving, join the #Chainbusters online conference, in which ECOS Managing Partner Ilya Goldberg will take a part. The event will be held tomorrow, May 2 at 09:30 UTC.
🤓 Today, under the “express-interview” rubric we talked with blockchain expert Garrett Stroud.
Hello, Garrett! What are your predictions about blockchain?
I expect blockchain technology to become the foundation of the Fourth Industrial Revolution in 5 years and become almost omnipresent over the next 20 years.
What the future of the cryptocurrencies will be? What’ll be different?
With minimized and ideally, minimal, price volatility, crypto should eventually replace dollars or at least become a daily P2P currency. Stablecoins are also something I'm keeping a close eye on as a potential daily currency.
Could you tell please about your investments? What cryptocurrencies have you invested in?
I've invested in multiple crypto projects, coins/tokens and Bitcoin. I did it in March 2015, when cryptocurrencies were cheap.
Yesterday we told you about the launch of the first state cryptocurrency - a digital yuan will appear in China. Today we will talk about Russia and Azerbaijan - these countries have great chances to “digitize” their currencies next.
https://medium.com/ecos-am/russia-and-azerbaijan-are-willing-to-create-national-digital-currencies-b05a2a42cad7
🔔 We are happy to inform you that ECOS will take part in the Online Global Roundtable discussion series – #Chainbusters!
This Saturday, 2nd May 2020 at 09:30 UTC, ECOS managing partner, Ilya Goldberg among with other speakers will discuss the 3rd bitcoin halving.
😉 See you there!
😉 We at ECOS regularly make sure that our customers receive the necessary information, that can help them to find new opportunities for self-development! Especially during the coronavirus pandemic, when everyone has a large amount of free time!
Today, in the “tips for beginners” section, we would like to talk about our webinars, which we organize for our subscribers on a regular basis! It would be good for you to watch it today!
🔷 The coronavirus pandemic has caused a crisis, which would affect everyone. How to get away from it? How can you make money during such a difficult time? Says Anna Komashko, our expert.
🔶 How to make money on mining in 2020? The webinar was recorded several months ago, but the information contained there still remains useful! How to start mining? What do you need to do firstly? Anna Komashko answered all the questions that beginner mining enthusiasts are concerned about.
🔷 Do you want to have a better understanding of mining equipment and be aware of the latest trends in the industry? Please watch the webinar held by our invited expert, Yuri Manucharov. He told everything about the equipment you should use in 2020 to get the maximum profit!
🔶 Do you know how mining hotels work? If you don’t, follow the link and you will learn how to purchase equipment and place it on a remote hosting without leaving your home!
Enjoy it!
📈Wow! Bitcoin is on a new level!
As of Thursday, April 30, The №1 cryptocurrency is trading at $9281,39 now, according to Bitstamp.
🚀Subscribe to our social media to get all the updates from blockchain world!
https://linktr.ee/ecosmining
You have probably heard that China plans to launch a national digital currency. What do you need to know about this?
The Chinese national cryptocurrency will be called DC/EP - Digital Currency Electronic Payment. It will work on a blockchain platform called BSN, which was launched a few days ago on April 25th.
The development of the national Chinese cryptocurrency began in 2014. The date of launch for the digital yuan has not yet been confirmed by the Central Bank, but some sources report about the full launch in mid-2021.
According to information taken from open sources, the crypto yuan will be convenient for the use - for example, in addition to the standard functions (receiving and sending payments), the ‘touch and touch’ option will be also available - in order to make a transfer, user’s smartphone will just need to come into contact with another device.
What’s wrong with that?
The point is that the crypto-yuan blockchain cannot be decentralized. This deprives cryptocurrency of one of the most important advantages - anonymity. According to representatives of the Central Bank, China generally considers its own cryptocurrency as a tool of countering new and existing digital currencies.
At the moment, it is difficult to say exactly how the launch of the first ever national cryptocurrency would affect on Bitcoin and other decentralized coins, but one thing is certain - governments have started to pay attention on digital currencies - it means that we're heading the right way!
