Post
Topic
Board Bitcoin Discussion
Re: New opinion of PlanB
by
Lucius
on 11/01/2024, 11:19:54 UTC
This will be interesting to see.  If before the next Halving we will see Bitcoin priced at half a million Dollars then I will from then on believe every thing is possible with Bitcoin.
~snip~


I think that we have discussed many times in various discussions that it is not too realistic to expect that the price of Bitcoin will increase after the next halvings, as it was in the past. The last 2020 halving "produced" only x3.5 compared to the one before it ($20 -> $69k) and we have to wonder if the next one could cause a price increase of x12 compared to the current value?

Some quite wrongly believe that past events regarding the price can just be repeated, but we cannot consider it the same as raising the price by x10 from $100 to $1000 or doing the same today.