Post
Topic
Board Speculation
Re: Price predictions for after the halving
by
kokojie
on 26/06/2016, 14:57:52 UTC
Last halving had price go from $25 to $1250, so about 50x gain.

Now let's say price is $700 pre-halving, 50x gain is $35k. So potentially reaching a high point of $35k/Bitcoin within a year or so.



The higher the value the more fresh money you will need to achieve crazy runs like that.
I think with a 2x we could be more than happy.After the halving and with a delay of a few months we will see this growth going to happen I believe.

50x of a 10B market cap is only 500B, or roughly 0.2% of US federal debt. It's far from unreachable high territory. I would lower my expectations once we reach trillion territory.