Post
Topic
Board Speculation
Re: Save the date! May 2020 - Bitcoin price will explode ?
by
South Park
on 26/09/2018, 20:32:27 UTC
Hello guys,

Looking for some "predictions" about bitcoin future i found/remember a good not so new information... and I'm writing this because maybe someone does not know about and have an interest in this information.

Today on a good number of blocks mined using bitcoin blockchain miners got a 12,5 coins, and aparently this will be reduced to 6.25 coins on May 2020, as you can see here https://www.bitcoinblockhalf.com/ and if you want search code on git, you can found also

Im already moving a good part of my investments to bitcoin, first, because i believe on this technology and second, probably will be a very good investment looking long term ( ~2 years.. with this information)
 
We cannot confirm any value prediction $  .. but bitcoin will be more "rare" (its more hard to obtain one) , and with this "rare" effect the price maybe can be increased.

what do you think guys ?




The last time this happened we didn't saw the price skyrocketing as soon as that happen, it took months for the market to feel the decrease in the supply of coins and for the price to go up, so the process that you are talking about is not as certain as you make it out to be, however once we got the halving eventually the price of bitcoin will go up.