Anthony Pompliano says get ready for the bitcoin halving and price escalation to $100k

180 Aufrufe

  • Danke für die Bewertung! Teile es mit Deinen Freunden!

    Danke für Deine Bewertung!

admin
Published
The bitcoin halving that is set to take place in May will be like “rocket fuel” for an already bullish asset, this according to Anthony Pompliano, host of The Pomp Podcast.

Bitcoin halving is the process of cutting the supply of new bitcoins by half, which occurs every 210,000 blocks. Pompliano likened this process to gold miners cutting their supply by half.

“In 2009, 2010, and into 2011, 50% of the gold miners basically shut off their operations, so 50% of the incoming daily supply just disappeared. It took a scare asset and made it scarcer right at a time when all the investors are running to it and the value of gold would have gone higher,” Pompliano told Kitco News.

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Kategorien
Bitcoin
Kommentare deaktiviert.

Als nächstes

Яндекс.Метрика Top.Mail.Ru