The supply of the world’s largest cryptocurrency might be increased, according to what was discussed at the Satoshi’s Roundtable. The obscure meeting occurred a couple of days ago and it looks like a lot were discussed.
Firstly, there’s a plan to increase the supply of Bitcoin, which is expected to further reduce the price of the cryptocurrency. Although not confirmed yet, whatever happens at the Satoshi’s Roundtable hardly gets revealed.
A lot of Bitcoin enthusiast have taken to social media to rant about the new alleged development in the Cryptocurrency world. With some calling the increase in supply a “joke”, even though some believes that can “never happen”.
Nonetheless, Bitcoin isn’t bouncing back anytime soon from what we expected at the first quarter of 2019. It’s still trading just below $3,400, as investors lashed out at the cryptomarket saying “Crypto Remains Weak”.