Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.
Here are potential options:
1. nothing changes
everything is changing with bitcoin, you can't expect the price to stay at this level. we are not yet at a stable price stage.
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
probably this happens. there is a lot of speculation going on about halving and nobody can tell which one will come to pass.
but I guess a price rise (probably another rally) is most possible.
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
the price part might happen because of the issues we are facing these days but I doubt that miners quit if the price stays at this level.
4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.
What would you say we should expect?
this is never going to happen, the market is bigger than that to die this easily. besides there are a lot of big whales invested thousands of dollars in bitcoin who will never let that happen. and not to mention the huge use base.