Post
Topic
Board Speculation
Re: What this Bitcoin halving bring? Does the Bitcoin price go up or down?
by
pooya87
on 27/04/2020, 08:33:26 UTC
After the last halving before four years (2016) the industry has changed 360 degrees as cryptocurrencies — and Bitcoin becomes more popular.
360 degrees change would end up in the same place! so in other words you are saying there was no change in which case you are correct Smiley
nothing about the "industry" changed in 2016 when bitcoin block reward halved. and as for bitcoin popularity, it is always growing and it has nothing to do with halving.

Quote
Cryptocurrency is becoming part of the mainstream and is used as one of the utility options.
wrong.

Quote
It was presumed that with this halving Bitcoin price will go up, but due to the ongoing pandemic of Coronavirus situation is changing drastically, therefore, now on the basis of these scenarios it will be interesting to see that, what this Bitcoin halving bring? Does the Bitcoin price go up or down?
the halving event itself (the week of it) has always been pure hype and during hyped up times price sees excited rises that don't even last. but the real halving effects that are more long term will come after the halving itself. nothing about that is changing either. it will be like before as demand increases while the supply is still limited.