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Author Topic: Bitcoin to see all-time high with halving approaching?  (Read 218 times)
jossiel
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May 06, 2020, 04:41:02 AM
 #21

Bitcoin is set for a comeback from the dead
Bitcoin has never been dead. Well, it has been dead for those people who have been telling that it has been dead for so many times. But the reality, bitcoin never went to its grave or have a glimpse of the dead. The definition of being dead means total zero volume and there's no longer liquidity on it.

but one of the main stories out there is if the halving is going to help in the cause or not?

I Personally think it will, if the blocks that are mined are halved, the miners are basically gaining less for the same amount of work. Taking this into account i really think the BTC is heading for a high price but not breaking the all time high.
Historically speaking, it will help.

And for the miners, cutting into half doesn't mean that they'll still get the same amount as we do before the halving. As for the historical fact, this was also a debate for some but they've never looked into the increase of price which is the usual effect of halving afterward.

pankaj1234
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May 06, 2020, 05:43:06 AM
 #22

Anybody can't say in that bitcoin will get sure all time high after halving. In how many days bitcoin go all time high this is very big question but this halving going to help in this cause Another thing bitcoin with limited supply can touch any prices when people and community uses btc like their fiat currency to pay someone. buy something its price go on. I don't see price with all time high with this innovation but really supportive. it is definitely a challenge whenever a move happens.

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