Post
Topic
Board Bitcoin Discussion
Re: The bitcoin halving to increase cryptocurrencies prices.
by
Sanugarid
on 24/02/2020, 18:39:49 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.

Everyone is already expecting that bitcoin's value will rise up which will definitely attract other altcoin's price. If we are going to look back on what happened when bitcoin hits 20k, most of altcoins value have risen up too which may occur once again as bitcoin halving takes place. Knowing what may happen, we must already prepare ourselves in any way where we can make the most from it and make sure that the halving would make great sense on  our investment and wouldn't just pass by with us doing nothing.