Post
Topic
Board Speculation
Re: Bitcoin halving 2020 prediction
by
Pearls Before Swine
on 29/11/2019, 20:41:52 UTC
Meanwhile people will start buying and trading alts again and stablecoins will see a significant rise in popularity especially with big corporations.[/i]
Who is that person with his ear to the tracks, so to speak?  Reading this, it just sounds like a bunch of fud that could have been made up by anyone.  Anyone at all.

Stable coins becoming popular with corporations?  How does anyone come to that prediction?  That one baffles me, because there's no good reason for any company to be holding or investing in stable coins.  No need whatsoever.  The only part of this I *might* agree with is that altcoins will perhaps perk up.  Some of them are worth buying right now, as is bitcoin for that matter.  But I seriously doubt bitcoin is going to end up trading in the $5000 range while alts go up in value on their own.  It could occur, but I doubt it.

The halfing may not have much of an effect on the price of bitcoin, but there’s no way of knowing at the moment.  Not you, not me, and not this person who is making some very specific predictions and who claims to be able to predict the future.