Post
Topic
Board Bitcoin Discussion
Re: The bitcoin halving to increase cryptocurrencies prices.
by
xvids
on 23/02/2020, 00:58:50 UTC
Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.

I am sure that the halving will increase price because:

1. People already anticipating for it and they are ready to invest before the halving time.

2. Bitcoin reward will halve from 12.5 to 6.25. This will cut the supply.

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

Let us expect bitcoin to surely still future increase in price this year.

Halving have been increasing the price of Bitcoin from the very start,
We have seen it from the past halving events and surely people would also be anticipating it.
We have been waiting for it and it already drove the price up slightly,
And I am expecting more from it but my question is what would happen after the halving?