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Topic: Multiplying the price by 10 after each halving, is it right ? - page 3. (Read 3145 times)

full member
Activity: 318
Merit: 100
so many people seem to have very unreasonable high price predictions due to the halving next year. demand must be there to go up significantly.

It's called "mass delusion" caused by the siren songs sung by the bulltards, early adopters and whales. I'm willing to bet this won't happen due to too many people expecting it to happen. BTW, there's no demand for btc. Have you seen the buy volume lately? It's almost zero. No one wants to buy your crap coins no more. China men don't want to buy any more either. I pity you, a bag holder.
legendary
Activity: 896
Merit: 1000
so many people seem to have very unreasonable high price predictions due to the halving next year. demand must be there to go up significantly.
sr. member
Activity: 442
Merit: 250
This halving (and next next ones) will bring much bigger spike than previous one. Why? Because much more people will own bitcoin. We are still not even near mass adoption...  Wink
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Many different factors will play the role of bitcoin price before and after the halving. Some kind of equilibrium will have to be found since don't forget, blocks that miners mine will have half of the bitcoins in them after the halving. These miners have to pay for the electricity and their rigs, so will the difficulty drop since some miners will become unprofitable or will the price rise and then miners will find an equilibrium?

This halving will be completely different from the last halving and it will be interesting to see how will whole Bitcoin market react.
sr. member
Activity: 379
Merit: 250
hero member
Activity: 896
Merit: 1006
it would be great tough, but i doubt i'll be that lucky  Grin
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
There's only been one halving. Every time it happens the landscape will be radically different. It was a totally different market back then. A lot happens in 4-5 years. I don't think there's any way of predicting how the price would react.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
Hello,

I saw people talking about multiplying the price by 10 after each halving.

Let's say before the having we will have a price of $250 for example, then the rally after the halving would put us at $2,500 and so on.

Is it right ?

I'm trying also to figure a mathematical equation where how will the price moves after halving, in theory.
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