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Topic: The excitement is over, what's next? - page 6. (Read 881 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
May 12, 2020, 11:52:17 AM
#3
what's next? of course it is the actual excitement that is going to slowly start as we will also slowly see the real effects of halving that is seeing about 900 new bitcoins created every day instead of 1800 bitcoin. that is about $7.8 million less bitcoin being sold so if the demand stays the same the price has to rise. and that's not right because demand is increasing with adoption so the rise has to become even faster.
but it probably won't start for a little while since the effects of halving hype takes time to wear off.
hero member
Activity: 2128
Merit: 532
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May 12, 2020, 11:50:43 AM
#2
Nobody knows, miners still do their usual thing.

Even after almost 1 day of the halving, prices are still within the high 8K. Depends on whether those whales want to realize their profits and start the massive selloff.
member
Activity: 560
Merit: 13
May 12, 2020, 11:42:46 AM
#1
Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.

So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
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