Post
Topic
Board Bitcoin Discussion
Re: Store your bitcoin
by
Zionatin
on 04/04/2020, 23:35:48 UTC
The crypto markets will rise again after several months says who? Your crystal ball?

The halving is in under 2 months, miners won’t be selling much due to the low prices, the supply of coins is cut in half so it’s very likely that the price will rise fairly significantly before the end of the year.

The OP doesn’t need a crystal ball to predict a rise in bitcoin once this COVID-19 rubbish is over.

How'd you say so? Unless you actually have proof from miners themselves whereas they said that they won't be selling. Not saying that that's impossible, but unless you know for sure, we're just merely speculating(which brings us back in the 'predicting' zone). Also, a halving doesn't automatically mean we're going to have a price rise especially in the short-term(and possibly mid term).

I find it hard to believe that most cryptos that are worth anything will not go up in price. This is still the beginning and I believe crypto will mostly go up in the next few years with ups and downs in between. Some may settle at lesser value but I still believe more in the price going up then down. There so many reasons for me it is mainly the future new users adopting to the currency and we still have not gotten to the point where companies use crypto as stock options and when we do that will set off another crypto hype and rightfully so.