Post
Topic
Board Speculation
Topic OP
Would you be satisfied with steady, gradual rise of BTC price?
by
Herman Hesse
on 05/04/2019, 19:27:09 UTC
Although I don't believe that will be the case, and althought we all know that development of BTC price is all but predictable and linear, so there is no chance for this to happen, I would like to ask, hypothetically, what is your opinion on this (im)possible scenario:

Would you be satisfied with steady, gradual rise of BTC price?  e.G. 500 per month in 2019.
Something like this:
1. May 5000 USD (let's suppose that BTC had finished its price growth for this month on 2nd of April :-)
1. June 5500 $
1. July 6000 $
1. August 6500 $
1. September  7000 $
1. October  7500 $
1. November 8000 $
1. December 8500 $
1. January 2020. 9000 $

Let's suppose that, thanks to forthcoming halving in May, from this moment on, price grows 1000 USD per month.
so..
1. February 2020.   10000 $
1. March 2020  11000 $ (so on March 3rd 2020 I could re-open this topic after 15 months https://bitcointalk.org/index.php?topic=2510943.msg25663426#msg25663426)
1. April 2020 12000 $
1. May 2020 13000 $

So, at the month of halving, the price would be around 13700 $.
After that, another speed-up, and on 1. January 2021 the price could be e.g. 25-30k $.

I believe this would be very healthy, it would give enough time for BTC ecosystem to develop further, give sense of stability to institutional investors etc... without euphoria...