At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving due in mid-2020 or in 644 days will see the block reward reduce from 12.5 BTC to 6.25 BTC, while Whats On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
I think that ten million dollars bitcoin will never cost. It will not cost one million dollars. It's nothing more than fantasy. And in general it is difficult to predict the price of bitcoin, he constantly presents us with unexpected price surprises. In general, we need to remember that the higher the bitcoin's price, the more risky it will be to invest in it.