Bitcoin Halving Explained Simple - Does it Affect Bitcoin's Price? [JgM5NXan7a7]

Start trading Bitcoin and cryptocurrency here: Every 4 years on average (210K blocks) the reward granted to Bitcoin miners for adding a block to the blockchain is cut in half. The Bitcoin halving was designed by Satoshi Nakamoto to keep Bitcoin’s inflation in check. Since the halving basically cuts the supply of new Bitcoins in half, many believe this event will have a dramatic effect on Bitcoin’s price. That’s the Bitcoin halving in a nutshell. If you want a more detailed explanation Halving keep on watching, here’s what I’ll cover: 0:46 - Bitcoin mining in a nutshell 1:21 - What is Bitcoin halving? 1:37 - Halving timeline 2:07 - Why halve the mining reward? 3:30 - Does the halving affect Bitcoin's price? 4:33 - Bitcoin's scarcity 4:54 - Conclusion For the complete text guide visit: Join our 7-day Bitcoin crash course absolutely free: Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel: See anything we haven't covered? Leave us a comment in the comment section below #look into bitcoin #movement labs crypto #euro bitcoin rechner