Post
Topic
Board Speculation
Re: Bitcoin 2020 Halving
by
Beerwizzard
on 05/03/2019, 12:19:21 UTC
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.