Post
Topic
Board Bitcoin Discussion
Re: The bitcoin halving to increase cryptocurrencies prices.
by
Khaos77
on 24/02/2020, 01:25:56 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.


1. What People ?
    From the looks of the forums , most people here are broke.

2. Halving does not cut Supply, it cuts the rate new coins are created so miners have to start earning more from transaction fees than rewards.  
* Note Many Miners will go Bankrupt after a Halving. *

There are alot of people sure of a lot of things,
alot of gamblers were sure which horse would win a race.
Did not mean their horse won.

You might be right on the increase in price or you might not.
There are no guarantees.  Smiley