Post
Topic
Board Speculation
Re: Bitcoin 2020 Halving
by
creeps
on 06/03/2019, 10:56:58 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?

2020 halving should contribute to a higher price, as rewards from mining will be reduced.

This means less Bitcoin will be produced in the future, and if adoption rate will increase,  we'll have a higher demand and lower supply.
This is what we expect from bitcoin in 2020, but I think it will still depend on how the investors react on this and if there is more regulations with bitcoin and other coins. I’m saving every week with bitcoin, just in case there’s a big bull run. Speculations are well come, but only time can tell so let’s wait for it and while waiting don’t forget to invest.