Topic: Bitcoin after 5 Halving - 10 years from now - What will be its price? - page 2. (Read 548 times)

I think that after the next halving, Bitcoin's price will not be lower than 20000. Before halving, I would not wait for the strong growth of the market. Will the altcoins survive to this time?

Forget about ETF's and focus on what's happening in the background with LN.

It's safe to say that the ETF shithow has been taken up too much of people's attention lately. Seriously, two months ago no one gave a shit about ETF's and suddenly people act like Bitcoin badly needs it. Don't get me wrong, an ETF might trigger institutional adoption, but we have grown to where we are right now without ETF's and we'll continue to grow without them for plenty of more years.

Did anyone here even pay attention to how madly powerful Bitcoin's network has become lately? Of course not.

you mean mining "cost" not "fee"?
and it does not exactly work like that. if mining reward goes down after the halving the profitability of mining goes down but that doesn't mean price would magically go up because reward went down.
price goes up first based on speculation and hype and next because there would be less fresh coins entering the market every day. and finally like always it will rise ONLY if adoption rises and adoption rises based on different factors not the mining reward.

Spread hope  
Of course with the halving, we have increased difficulties and less rewards for miners so there will be a rise in the mining fees and finally a rise in the bitcoin price.
So the key message is HODL.

I believe that $1 million+ is a good estimate. of course being a very far away future makes it near impossible to predict things because a lot of things can change. for example we may finally see that financial crisis that people have been talking about for years and it can push bitcoin to beyond all expectations as a lot of money rushes into bitcoin to be stored there.

The history shows that speculation and FOMO had much more effect on the price than the halvings.
An ETF may get approved within one year and then we can discuss of a recovery. However, no one can tell what will be the price tomorrow, so why try to speculate so far away?

Very interesting info and charts.However, I don't think that anyone could answer your questions.
All the stuff that you are writing about:ETF approval and institutional investors buying lots of btc,e-commerse
platforms accepting btc,etc. are just possibilities.They didn't happend in the past or in the present.What makes you think that they will happen in the future?I think that the btc halving doesn't have such impact over the bitcoin price.We shouldn't care that much about it.

The first Halving in the "short" history of Bitcoin was on 28/11/2012 after the first 210,000 blocks, from the famous 03/01/2009 to 18.15 hours Greenwich, in which the first bitcoin block was extracted (genesis block ); from that day on, it has gone from a reward for miners from 50 Btc (many of them made with their home PC :-)) to 25 Btc for block.

Subsequently, after the blaze of 2013 and the heavy fall of 2014-15, there was a new Halving on 04/07/2016 where we went from a reward of 25 Btc to the current 12.5 Btc for block. So new price flare in 2017 and new heavy decline, still in place.

To date and until May 2020 we have 12.5 Btc for block and about 1800 Btc mined every day. Then we will have:

03/01/2009 ----- 28/11/2012 ------- 50 Btc for block ------- 7200 Btc every day
28/11/2012 ----- 04/07/2016 ------- 25 Btc for block ------- 3600 Btc every day
04/07/2016 ---- 25/05/2020 ------- 12.5 Btc for block ------- 1800 Btc every day
25/05/2020 ---- May 2024 ----- 6.25 Btc for block ------- 900 Btc every day
May 2024 --- May 2028 ---- 3.125 Btc for block ------ 450 Btc every day
May 2028 --- May 2032 ---- 1.5625 Btc for Block ---- 225 Btc every day
(the dates will probably change slightly, but it's right to have a reference)

Leaving aside what happened in the past and in the previous 2 Halving, if Bitcoin survives the next 10 years or about 3500 days that are missing at 5 Halving of its history, we will have from May 2028 about 1.5625 Btc of reward for each of the 144 blocks, 225 Bitcoins a day!

The question is simple and one: What could be the price of 1 Bitcoin in 10 years, considering the most widespread and exponential adoption that will take place over time? The likely opening of regulated markets, with the mass entry of institutional and private, through mutual funds, ETF, pension funds, etc.? The probable adoption of many e-commerce platforms (perhaps integrating it with their internal coin), of debit and credit cards, of strategic asset?
Of his RARITY? ONLY 225 Bitcoins mined every day from May 2028!

Make your estimate:
How much will 1 Btc be worth in December 2029, after 5 Halving and after a probable new rise?




I realized only today (14-08-18) that this was my 1000 post on bitcointalk, and I did it on 08/08/2018 at 20:18     wowwww