Post
Topic
Board Speculation
Re: 10k$ Bitcoin is Very much possible for now!
by
Oasisman
on 14/05/2020, 20:33:01 UTC
However, it is unlikely that the price of bitcoin will grow in the near future due to the onset of a decrease in the reward to miners by half.

The halving is slowing down the production of new Bitcoin into the circulation, therefore It's "not" unlikely that the price will eventually fall after many halvings, because of the rising demand and a lesser supply.
When Bitcoin's price is more than what we usually thinks a normal range of today in the future, miners' reward doesn't matter at all even if it was cut into halves every four years.