Last halving bitcoin went from 30% inflation to 15% inflation, meaning before the first halving adoption would need to exceed 30% growth of new users / holdings per year in order for the price to rise. After the first halving, adoption only needed to meet or exceed 15% per year in order for the price to rise.
Fast forward 4 years later and adoption currently needs to meet or exceed 8% a year in order for the price to rise and that's going to drop to 4%.
If we have another rally you can bet all these banks that are talking up R3 and blockchains being the future just planted the seed of interest in bitcoin in a lot of very rich and influential bankers.
Here's to the next leg up.
Submitted July 02, 2016 at 11:38PM by Sugar_Daddy_Peter http://bit.ly/29oOLwu
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