Post
Topic
Board Bitcoin Discussion
Re: 2024 Bitcoin Halving - What are Your Expectations!!!
by
Yatsan
on 15/11/2022, 14:09:31 UTC
 
So dear colleagues, What are your expectations? other than price increase  Cool
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......
I didn't expect anything other than a price increase.
He will become more popular when the ratio hits a new high. The expectations you mentioned are all things that will happen after Bitcoin hits a new high.
If the price of Bitcoin is still going downhill after the halving, then these expectations are unlikely to exist.
There are chances for price increase but also tendencies for the price increase to be temporary like in a short period of time alone. We have seen it in Ethereum 2.0 wherein the bullish run didn't last that long. The market is just unpredictable, unlike of previous Bitcoin halving wherein a bull run actually increase not only on major coins but almost all tokens in the market way back 2017 if I remeber it correclt (feel free to correct me).
Given the circumstances everyone is facing right now (even if it is an indirect problem to this industry) I guess it would be a factor for the next halving IF nothing would change. Even at the moment prices are having a hard time to pump, therefore it can still take effect next year. Hopefully it won't.