Post
Topic
Board Speculation
Re: Predict the price: Halving day 2020
by
TrueCryptonaire
on 09/07/2016, 20:14:17 UTC
After the next financial crisis before halving day 2020 I predict Bitcoin will be worth $100000.

However discussing the halving day 2020 is like discussing next Christmas on New Year's day. It's a little too soon to be thinking about halving day 2020.

I disagree. If you have invested in bitcoin, you need to be in the long run. Personally I think bitcoin can reach true highs after the next halving (and true highs I mean 10 000 000 usd/btc).
With the current emission 100 000 usd/btc is very realistic price target. If that is reached it will also guarantee the fact that there will not be too much selling pressure once drops since the current holders have sold the amount of coins they need for survival of the rest of their lives and the remaining bitcoins will be "extra".

I think it will reach 100 000 usd within 24 months from now. It is still relatively cheap and therefore you might want to consider to buy a few more since the inflation is not that bad anymore.