bitman007 Posted March 23, 2019 #1 Posted March 23, 2019 On the day of #bitcoin's next halving, what will its price be closest to? The next halving is anticipated to occur in May of 2020.
williamshennie9 Posted March 23, 2019 #2 Posted March 23, 2019 Sadly, I think the price will only go down further. I hope this is not the case, but the realisty is that there is nothing pushing up the price of bitcoin, and nothing is expected to occur in the future which would cause a price increase.
Moderator Faris Posted March 23, 2019 Moderator #5 Posted March 23, 2019 19 minutes ago, Dan said: I'm anticipating $1,000 This will never happen in the future
Brainy Posted March 23, 2019 #6 Posted March 23, 2019 Well @williamshennie9 There is always demand for bitcoin, i suggest you watching this video -> https://www.youtube.com/watch?v=e68UJ3Gf3fM Point of the answer is from about 1:20 minutes further, i cannot explain it so detailed as this guy has, but you might get the point.. Now the problem lies in technology, if halving happens, and lets say bitmain or any company reveals new miners that work with 2x efficiency, price surely cannot move up. Im expecting price to be about 5k-10k
williamshennie9 Posted March 23, 2019 #7 Posted March 23, 2019 3 minutes ago, Brainy said: Well @williamshennie9 There is always demand for bitcoin, i suggest you watching this video -> https://www.youtube.com/watch?v=e68UJ3Gf3fM Point of the answer is from about 1:20 minutes further, i cannot explain it so detailed as this guy has, but you might get the point.. Now the problem lies in technology, if halving happens, and lets say bitmain or any company reveals new miners that work with 2x efficiency, price surely cannot move up. Im expecting price to be about 5k-10k I hope you are right. For the sake of everyone's investments, and for the sustainability of bitcoin I will over over the moon with joy if bitcoin makes it back to 10,000 USD again
Kate Posted April 5, 2019 #8 Posted April 5, 2019 I think that now bitcoin would reach around 10000 usd and then maybe drop a little and then rise again back to 12000 I guess .
ILLarion Posted April 5, 2019 #9 Posted April 5, 2019 I will be an optimist and I will say that 10,000, otherwise if you are not an optimist, then why bother to keep cryptocurrency at all?
barbaris Posted April 5, 2019 #10 Posted April 5, 2019 I think that in the near future bitcoin will not go far from 5000$. But I would like Bitcoin to ever become more stable and predictable, but unfortunately certain factors do not contribute to this.
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