48+ Will Bitcoin Die?
Pictures. What will happen when we reach the end of that the reward will continue to halve every four years until the final bitcoin has been mined. Would bitcoin's worth die overnight if the illegal markets (drugs, fraud, guns etc) that facilitate such a large volume of bitcoin trade were destroyed by law enforcement?
Until today bitcoin is dead was declared more than 350 times. When bitcoin first started, 50 bitcoins per block were given as a reward to miners. More than 1,000 people showed up last weekend at the san jose mcenery convention center for bitcoin 2013.
Today i will explain the bitcoin halving, how it could affect bitcoins price and what to expect.
In 2036 99% of the bitcoins will be in circulation, in 2048 it will. Most definitely not, but some people might move over to some govcoins like eth and ripple and that is what some people wanted from the start. Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name satoshi nakamoto. Here is a bullish scenario.