Post
Topic
Board Speculation
Re: Bitcoin 2020 Halving
by
Herbert2020
on 14/03/2019, 12:58:23 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?
Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.
Of course, when demand rises again the effect will be far greater than last year, with the same conditions as in 2017, maybe we will
get a new ATH, lets buying before that time comes, and keep believing Smiley

the halving and its hype is such a bizarre and unpredictable event because it is "hype" so before halving either we are already close to ATH which means we can see a new ATH or we are far from it which means we only see a small bubble which will burst right after the halving and then we pick up rising from there like last time.