2020 is going to be an important year for Bitcoin and this is not just speculation. We are talking about the after-effects of bitcoin halving. BTC halving date should be 12th May 2020, and this will be the third time Bitcoin reward generation will be halved.
Bitcoin’s price is being watched very closely by experts. Every day we see hordes of prediction graphs, newer resistance and support levels being discovered. Yet, the impact of Bitcoin halving on its price remains a lesser addressed development. At least this is what happened in 2012 and 2016.
We look at other will take bitcoin to the moon. Jack Dorsey is working on a kit that can help integrate Lightning Network to bitcoin wallets. Dorsey’s Square won a patent for a crypto-to-fiat payment system and Bitcoin can take multiple roads to a multi-trillion dollar valuation.
Tomochain’s TomoZ Mainnet — with Z standing for Zero — is the new protocol enabling holders to transfer TomoChain-based tokens without using TOMO as the transaction fee. TomoZ mainnet launch is one of the critical landmarks for TomoChain ecosystem in 2019. And we also look at Tomochain’s plan for 2020
References:
5 Factors That Will Spark A Bitcoin Price Rally In 2020
Bitcoin Halving Countdown
Will Jack Dorsey Help Propel Bitcoin to $250,000?
Tomochain TOMO 2020 TomoZ mainnet launch announcement
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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
