Less than 1 Year for Block Halving

[hugeblack]

The clock moves fast, time goes on and less than a year for BTC, what do you think of the effect on the total amount and therefore the price? Will we see in a year or two astronomical numbers like $ 100,000?

Block Halving ETA: 365 days, 5 hours, 14 minutes

Date ETA: May 20, 2020

[dothebeats]

Wouldn't put my hopes up for such figures just yet, but perhaps it could set us on a good base price (say, $20000) before getting on the big pushes. That's still a conservative guesstimate but we all know how propped the market is right now and know so well that with all the hype and fame bitcoin is getting lately, it's not impossible for the FOMO to go crazy. Add to that the growing economic tensions between different countries where one is forced to give up their local currency and the only avenue is bitcoin (hint: China lol).

[BossMacko]

Wouldn't put my hopes up for such figures just yet, but perhaps it could set us on a good base price (say, $20000) before getting on the big pushes. That's still a conservative guesstimate but we all know how propped the market is right now and know so well that with all the hype and fame bitcoin is getting lately, it's not impossible for the FOMO to go crazy. Add to that the growing economic tensions between different countries where one is forced to give up their local currency and the only avenue is bitcoin (hint: China lol).

But one thing is sure with the halving is it can make the price up but with 100,000 usd that is not gonna happen yet. But what i can sure is ill be ready by that time ro sell.

[jossiel]

I might compare the scenario last 2016-2017 with a twist.

We went through halving of 2016 but the effect of it was seen to be positive by next year. But this time it's different, more institution have joined and big-named personalities. I'm not eyeing with $100,000 but I don't doubt that we will see it at once.

Doubling $20,000 would be ideal but still I'm not very confident with that unless we see some signs of it through price motion.

[Ailmand]

I don't think we could reach $100k faster and easier this year. We all know how Bitcoin reach $25k last 2017. It has been through a lot. I believe that halving has a big impact on bitcoin's price but it couldn't make it reach $100k. I'm being positive but as of now, Bitcoin still needs to reach the same value as it has reached the last bull run.

[CryptoBry]

Wouldn't put my hopes up for such figures just yet, but perhaps it could set us on a good base price (say, $20000) before getting on the big pushes. That's still a conservative guesstimate but we all know how propped the market is right now and know so well that with all the hype and fame bitcoin is getting lately, it's not impossible for the FOMO to go crazy. Add to that the growing economic tensions between different countries where one is forced to give up their local currency and the only avenue is bitcoin (hint: China lol).

I am sure the coming halving will have an upward pressure for bitcoin but as you said we should not be expecting too much as things do eventually wind down according to the supply and demand. In terms of providing excitement and buzz, am sure the halving can generate that for bitcoin and sometimes those are just what we need for bitcoin to jump higher. Right now, there is the prevailing positive sentiment and if this can hold until the end of the year things can get rosy as we enter 2020.

[Genemind]

Halving will surely make Bitcoin soar high and better.
It could possibly reach the best value but it might only go less than $100,000. There will surely be a conflict on its supply and demand if Bitcoin would reach that high but it's possible in time. Halving could push Bitcoin to it's best value this year.

[mu_enrico]

I don't think the price will increase dramatically. We need more fresh blood to pump, which is very difficult, considering so many altcoins in this ecosystem. Also, perhaps the halving effect already priced in 2017 bull run.

I hope I'm wrong though

[NeuroticFish]

From what I know, there's still one year and 2 days.

Reward-Drop ETA date: 23 May 2020 00:25:18

However, the FOMO may or may not hit. The relationship between a new ATH and halving is not that "strict". For now it looks good. The recovery to 7500-8000, although logical and much needed, came rather suddenly and fast. If it goes in this kind of steps, in 2-3 such jumps we'll see Bitcoin well over 17k

[coin-investor]

The clock moves fast, time goes on and less than a year for BTC, what do you think of the effect on the total amount and therefore the price? Will we see in a year or two astronomical numbers like $ 100,000?

Block Halving ETA: 365 days, 5 hours, 14 minutes

Date ETA: May 20, 2020

We cannot predict the actual price but it will not be lower than $20,000, in fact before the halving we can still see the price of Bitcoin going to $20k, because there's a lot of good news going around the cryptocurrency, plus we are almost half of the $20k before the second quarter.

[creeps]

The clock moves fast, time goes on and less than a year for BTC, what do you think of the effect on the total amount and therefore the price? Will we see in a year or two astronomical numbers like $ 100,000?

Block Halving ETA: 365 days, 5 hours, 14 minutes

Date ETA: May 20, 2020

I don't know but there's nothing wrong to believe on that, the next halving can pump the prices, but we should see that this 2019 or else its just a normal update. Let's monitor the countdown, see the market if there's a good reaction or just a normal trend with bitcoin. I'm confident there's a good price in New year but I can't tell the specific price. If there's an increase on FOMO this year, we can go beyond $20k but I have doubt that it can happen before the halving.

[Herbert2020]

halving on its own will never cause any price rise because it is like saying supply alone is the only factor in the market, but when it is combined with the "demand" or in other words the adoption, then you get a good view of how things can be in the future.

for now the adoption is increasing and it will only speed up more as we move forward. so after halving when the new supply injected in the market slows down to half the previous value, the price rise as the result of adoption growth is going to become even faster. hence $100k becomes the next target.

[okala]

Yeah less then one year to the much awaited bitcoin halving, but at that I will not put too much hope on the halving to make the price go high because that can lead to disappointment since we are dealing with a volatile commodity such as bitcoin any thing can happen but I know within the bitcoin network the halving will come with lots of development that will favor the general processing process.

[ene1980]

The clock moves fast, time goes on and less than a year for BTC, what do you think of the effect on the total amount and therefore the price? Will we see in a year or two astronomical numbers like $ 100,000?

Block Halving ETA: 365 days, 5 hours, 14 minutes
Date ETA: May 20, 2020

The price of bitcoin could reach those astronomical figures after halving, but it all depends upon how strong we will finish by the end of this year, if the price is above $10k by the end of this year, then we could see a crazy rally by the end 2020, looking at the past price movement we could very well tell that we could reach astronomical figures by the way the market is reacting at this point. I am breaking up the price movement in each quarter and i would like to see how the price holds in the next two quarters and then we will have a clear idea.

[Fredomago]

It's good to track this moment, halving if being followed previously makes a good increase in terms of value, we o anticipate that this new one that will come will bring the same things like the last time, we just need to be positive and optimistically supporting what the halving can bring to our investment, aiming for much higher new ATH will be nice to see.

[n0ne]

Already everything happening with bitcoin is made relative to the block halving scheduled for 2020. Now the days have come less than that of an year. Further we can get more and more negative as well positive news. It is good to get to the positive news and not react much on negative things that happen around the market which will be pure manipulation from whales.

[vucuong16101997]

Look at LTC this year to see it. I believe that not only will news be driven by the news that the BTC will increase, along with crypto will have big investment sources .. Everything has not started for me yet ..

[stompix]

Will we see in a year or two astronomical numbers like $ 100,000?

I'm pretty bad at calling prices so I'll say 100k is pretty impossible in one year... , hoping I'm getting it wrong again.

But seriously, increases like this need a lot of money.
It's easy to go from 1k to 10k, even if we assume that every coin will be bought and nobody holds including satoshi's coins and other what's that 170 billions? Huge number but doable.

But if we consider jumping to 100 000, then we have to add another zero and we're coming in the trillions sector.
For every coin that has been held till now, we must throw in 100 world media wages .
A bit too much.

20k is doable, 40 k maybe but, 60-75 as a peak but holding the price and no retreating, I doubt it.


PS
I don't think the halving is going to have a visible effect, the market will take it into account a long way before.

[CryptopreneurBrainboss]

Well Bitcoin always has a way of surprising any doubter and when you consider the demand for bitcoin is steadily increasing yearly, I can't find any reason why a $100,000 price tagged for one bitcoin is impossible also when you  consider the halving factor and what it has done to the price of bitcoin in the past then the possiblity of bitcoin reaching such price as $100000 is more possible but I think it'll take more than one block halving from the current price of bitcoin for it to achieve $100,000. Price range of $30,000-50,000 is very possible but $100,000 in a year or two, not so much.

[jseverson]

I personally don't think $100k is achievable (in the near future at least) organically. It's probably going to take a lot of institutional money flowing in, or a massive devaluation of the USD. I'm expecting some degree of uptick though, considering how anticipated it is.

That being said, I wonder if institutional players see the halving as a major factor in entry. Halvings haven't had much immediate effects historically, so it has always been possible that they weren't the biggest catalysts to the bull runs afterwards.