Topic: Less than 1 Year for Block Halving - page 2. (Read 315 times)
I don't think we could reach $100k faster and easier this year. We all know how Bitcoin reach $25k last 2017. It has been through a lot. I believe that halving has a big impact on bitcoin's price but it couldn't make it reach $100k. I'm being positive but as of now, Bitcoin still needs to reach the same value as it has reached the last bull run.
I might compare the scenario last 2016-2017 with a twist.
We went through halving of 2016 but the effect of it was seen to be positive by next year. But this time it's different, more institution have joined and big-named personalities. I'm not eyeing with $100,000 but I don't doubt that we will see it at once.
Doubling $20,000 would be ideal but still I'm not very confident with that unless we see some signs of it through price motion.
We went through halving of 2016 but the effect of it was seen to be positive by next year. But this time it's different, more institution have joined and big-named personalities. I'm not eyeing with $100,000 but I don't doubt that we will see it at once.
Doubling $20,000 would be ideal but still I'm not very confident with that unless we see some signs of it through price motion.
Wouldn't put my hopes up for such figures just yet, but perhaps it could set us on a good base price (say, $20000) before getting on the big pushes. That's still a conservative guesstimate but we all know how propped the market is right now and know so well that with all the hype and fame bitcoin is getting lately, it's not impossible for the FOMO to go crazy. Add to that the growing economic tensions between different countries where one is forced to give up their local currency and the only avenue is bitcoin (hint: China lol).
But one thing is sure with the halving is it can make the price up but with 100,000 usd that is not gonna happen yet. But what i can sure is ill be ready by that time ro sell.
Wouldn't put my hopes up for such figures just yet, but perhaps it could set us on a good base price (say, $20000) before getting on the big pushes. That's still a conservative guesstimate but we all know how propped the market is right now and know so well that with all the hype and fame bitcoin is getting lately, it's not impossible for the FOMO to go crazy. Add to that the growing economic tensions between different countries where one is forced to give up their local currency and the only avenue is bitcoin (hint: China lol).
The clock moves fast, time goes on and less than a year for BTC, what do you think of the effect on the total amount and therefore the price? Will we see in a year or two astronomical numbers like $ 100,000?
Quote from: https://www.bitcoinclock.com/
Block Halving ETA: 365 days, 5 hours, 14 minutes
Date ETA: May 20, 2020
Date ETA: May 20, 2020
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