What do you think Bitcoin is going to do after the Halving?

in GEMS4 years ago

What do you think the price of Bitcoin is going to do post halving?

Bitcoin is now merely days away from its next block reward halving...

Which is scheduled to take place in a little over 4 days on May 12th (depending on where you live).

https://www.bitcoinblockhalf.com/

How do you think that will impact its price?

According to a recent poll on Twitter, roughly half of 12k+ participants think bitcoin is going to dip:

(Source: https://twitter.com/CryptoDonAlt/status/1257476604235862016)

What do you think is going to happen?

Share your thoughts below and I will give out some upvotes to those that share their thought as well as why they think that will happen...

Let me know your thoughts!

Stay informed my friends.

-Doc

Sort:  

I think its going to go down. Halving only affects future supplies. Current supply remains same. So no immediate reason to spike. Speculation owing to a reduced rate of fresh supply in the future simply is not reason enough for the price to shoot up.

Dump first, then bounce back up like a spring.

I think so as well. Are you going to be buying?

I don't know... I still need to pay my bills and I've already bought more than in past 10 years...

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63207.55
ETH 2571.17
USDT 1.00
SBD 2.82