Post
Topic
Board Economics
Re: Your plan if no significant move on Bitcoin price along with the halving?
by
ecnalubma
on 26/12/2019, 05:37:07 UTC
- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)
Everybody hopes that this scenario will occur and keeping their faith on what happen in past few years. We can’t set aside that past halving really set new records in terms of prices few years after implementation. But we can’t stick to it always and better to have plan B’s or if the new halving won’t push the price higher then we Hodl very long.