what can I say except it's gonna go even higher, just think about it, the halving that decrease block reward + people losing money to some random wallet because of mistake which I know is not a good thing but dirrectly affect circulating supply, I could imagine the scarcity of bitcoin increases while adoption also doesn't seem to be stopping until now. If from the recent halving it could rise as much as 533% there's no stopping it from rising more than 1000% in the future. Moreover many people also trying to create defi for bitcoin by taking advantage of "bitcoin sidechain" like RSK.
Topic: One Year After The 2020 Halving, Bitcoin Price Has Gained 533% - page 2. (Read 302 times)
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Now I am excited for the next halving how much more it would grow.
I think we could reach 6 digit before halving so I am really excited to see how much would it be after the next halving.
It is really a great time to accumulate as much as we could before the next halving occur.
I think we could reach 6 digit before halving so I am really excited to see how much would it be after the next halving.
It is really a great time to accumulate as much as we could before the next halving occur.
No one really knows what the future holds, we don't have the crystal ball to look at it. 
But in any case, majority of speculators thinks that bitcoin will go on 6 digits figure as we are still in the bull run. Still a long way to go, but we have a lot of leg room to accomplished that this year. And if by chance, we hit $100,000 then there's where the fun begin, we might see a decline or bitcoin will continue to rise, as the supply is getting smaller as we are now fighting with institutions and big companies.
But in any case, majority of speculators thinks that bitcoin will go on 6 digits figure as we are still in the bull run. Still a long way to go, but we have a lot of leg room to accomplished that this year. And if by chance, we hit $100,000 then there's where the fun begin, we might see a decline or bitcoin will continue to rise, as the supply is getting smaller as we are now fighting with institutions and big companies.
The price will rise even in spite of this. But most likely this year we should not expect any significant changes
What do you mean by significant changes? Is the current state of bitcoin going to change? I agree that the price will rise and I think the rise in prices is something that we don't expect, when that happens we will be like "I never expected bitcoin to reach this X amount".
We all know (pretty approximately) future supply. What we don't know as well is future demand. Given the latter is the variable amount, this will be the primary determinant of price.
There has been a significant rise in Bitcoin price this year 2021 but to expect a continuous increase in bitcoin price from now till the end of the year 2021 is not visible.
The price will rise even in spite of this. But most likely this year we should not expect any significant changes
Expected this from a mile away thanks to the supply and demand logic associated with BTC. The price didn't rise significantly immediately after the halving event prompting many people to disregard it completely.
They were clearly wrong since these gains aren't always instantaneous as we can clearly see. I am expecting similar gains in the future too as the BTC supply continues to fall over time.
They were clearly wrong since these gains aren't always instantaneous as we can clearly see. I am expecting similar gains in the future too as the BTC supply continues to fall over time.
The price will rise even in spite of this. But most likely this year we should not expect any significant changes
Quote
The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020. At the time of writing, bitcoin has gained 533% since the halving event, as the supply and demand dynamics of a surge in demand coupled with an inelastic (and 50% reduced) supply issuance caused the price of the asset to skyrocket above $1 trillion.
What do you think the future holds?
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