Quote from: TimtheYoutuber on June 23, 2020, 05:19:53 PM

Quote from: madhavsinghrajput on June 20, 2020, 07:09:14 PM

I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

That's based on his personal opinion as he wanted altcoin to increase by just stating that there will be an ethereum 2.0 without really a mechanism to drive the price of altcoins high. Unlike in bitcoin, we have been passed on the halving now and soon, there's a chance of market price increase due to lower reward fees. I could say, it is a mechanism to drive the price way up high in a long term because miners will be forced to sell bitcoin since they need to pay for their electricity bill. Some people will also see this as an opportunity to sell higher since miners will do so, in addition, many will buy knowing of these possible scenarios to happen. Demands in bitcoin is what will really push the price to increase.