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
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
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?
first one, i don't think that nothing will change as price still will rise or will fall because of panic and amount of people that buys bitcoins, so price will have either to fall down or rise up
and i don't think that other 3 are possible, i am positive and i think that price of bitcoin will rise by 25% atleast after halving and bitcoin won't die, miners won't leave their job too