Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin halving make cryptocurrencies reach all time high again?
by
pawanjain
on 28/02/2020, 17:25:04 UTC
There are times I will sit down and think about bitcoin halving and when cryptocurrencies  will reach new all time high. The last time it happened was in 2017 for strong cryptocurrencies like bitcoin.

There are only 21 million btc to be mined. And, only  18,236,512 btc has been mined. Only 2,763,488 btc remaining.

I am just thinking that with the little remaining bitcoin, can the effect make the price of cryptocurrencies  to reach new all time high. It sounds impossible to me but I know that the price will increase but may not reach new all time high.

Even though there is so little amount of BTC left to be mined it will still take more than 100 years to mine the rest of the bitcoins left.
Unfortunately we won't be alive when the last bitcoin will be mined. We won't know what the price of one bitcoin would be at that time.
Predictions/speculation are useless in crypto according to my point of view. Only time can tell what the actual thing is gonna be.