Watch Live: Countdown To The Most Important ‘Halving’ In Bitcoin History | ZeroHedge

We've previewed the shit out of this 'halving' (here, here, here, and here most recently) and now it's here.

As Bitcoin Magazine notes, this halving event – projected to occur within the next few hours – will occur as Bitcoin reaches block 840,000, marking the point at which its relative supply issuance will drop below that of gold for the first time.

Previous halvings have historically acted as a turning point in the market as the reduction in newly issued (more…)

Continue ReadingWatch Live: Countdown To The Most Important ‘Halving’ In Bitcoin History | ZeroHedge

With ‘Halving’ Imminent, Peter Schiff Says ‘Bitcoin Has No Value’ | ZeroHedge

Via SchiffGold.com,

Peter recently appeared on Market Overtime with Oliver Renick for an interview. In their wide-ranging discussion, Peter speaks on monetary policy, the reliability of inflation data, and reasons to avoid Bitcoin.

Contrary to the popular narrative, gold’s recent rise is not because of world conflicts. Inflation is the driving force behind the metal’s price action:

As the media and policymakers begin to question the feasibility of a 2% inflation (more…)

Continue ReadingWith ‘Halving’ Imminent, Peter Schiff Says ‘Bitcoin Has No Value’ | ZeroHedge