cointikka Posted June 14, 2019 #1 Posted June 14, 2019 Bitcoin halving is next year and as the event is coming more and more closer. Bitcoin dominance will keep increasing till then. With Litecoin, we already saw a glimpse of How HALVING effects the price sentiments? Keep an eye on Altcoins. Expect things to be more difficult for them. What do you guys think?
Kate Posted June 14, 2019 #2 Posted June 14, 2019 I have seen this timer before and by reviews people are saying it can change according to the price fluctuations so dont believe it it is just a speculation.
barbaris Posted June 14, 2019 #3 Posted June 14, 2019 II think the more bitcoins mined, the higher should their value become. But what will happen when everyone gets them, the big question. Perhaps the price will be exorbitant, and possibly a complete depreciation. Time will tell.
williamshennie9 Posted June 14, 2019 #4 Posted June 14, 2019 Well if you are comparing it to litecoin, then we can expect the bitcoin price to just about double when this date of halving arrives. If that happens, a lot of us will be super happy
bankrollhiter Posted June 15, 2019 #5 Posted June 15, 2019 Yes, the market is going uphill and it's great. Take a look and see how the coins follow the bitcoin course and it's amazing.Then we can surely be happy, I think so.
DreamStage Posted June 15, 2019 #6 Posted June 15, 2019 Sure halving will make things harder for both miners and new investors. Interesting to state that eventually it will happen for Bitcoin the same for other alt coins thus making price way biggers. Who knows if those alts will reach Bitcoin price.
Etude Posted June 17, 2019 #7 Posted June 17, 2019 Good to know about this information which I did not beforehand. I suppose when this happens it would drastically affect the Bitcoin price!
wry Posted June 18, 2019 #8 Posted June 18, 2019 The block reward reduction is an exciting event. However the last one in 2016 was pretty much a non event. I remember waiting for it thinking price would soar back over 1000 USD and while it ticked up it didn't do that until much later. I expect this next one will be a little more exciting. Some people think the time to sell is before the reduction, as the price runs up in anticipation, a variant of "buy the rumor, sell the news" aphorism from stock trading. Good Luck!
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