77% into the next Bitcoin halving - page 3.

Chart Source: https://charts.bitbo.io/halving-progress/
Real time Bitcoin halving progress shows that we are already 77% into the next Bitcoin halving. My friends are excited and have already started stacking up more Bitcoin in optimistic anticipation that when the price increases as has been predicted already that they will be able to take profits or their return on investment would be 150%. But then, no one truly knows if the price would increase or not. With the current nature of the cryptocurrency market where competition is stiff between Bitcoin and other top cryptocurrency no one knows if the demand for Bitcoin would increase which in turns increases the price. No one knows if there would be some crazy regulations somewhere that would affect the price. No one knows if some crypto firm that is already over leveraged would declare bankruptcy within that time and then Bitcoin's price doesn't rise more than 5%. We are all acting in good faith that everything would run smoothly, we'd take profits and everyone is happy in the end.

This sounds so pessimistic but haven't you thought about it like this too? The what ifs and what if nots?

Topic: 77% into the next Bitcoin halving - page 3. (Read 303 times)