3309 Drysdale Ct
Edwardsville, IL 62025
Matt: Have you seen this?
On or around May 12,
inflation rate will get cut in half, from 3.65% to 1.8%.
We've only had two halvings in the past. Both kickstarted
massive rallies in bitcoin prices.
The first halving happened on November 28, 2012. That day,
bitcoin was trading at $12.31. Almost immediately, prices began
climbing – and they kept climbing for the next 369 days. They
peaked at $994.21 on December 2, 2013... a gain of nearly
The second halving happened on July 9, 2016. Bitcoin went from
$650.63 to $19,535.70 by December 2017... a gain of 2,903%.
interesting, thx for pointing out!
though I think Bitcoin's past rallies had more to do with it
being a new concept, the only game in town before all the other
ones were launched, etc vs inflation. not saying it didn't help -
but clearly newish concept is what propelled it early on
Bitcoin did manage to fill an open gap today from mid March
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!