Community post
Will the Bitcoin halving cause a massive pump?
Will the Bitcoin halving cause a massive pump?
The previous halving have brought a massive price surge for Bitcoin and other cryptocurrencies. The theory is simple, a reduced supply with an equal or more demand will translate in a price increase.
Will this happen again this time around?
- Yes, there is a pump incoming
- Nah, not this time
- I have no idea!
Answer the question at dpoll.xyz.
Replies (17)
Voted for
The graph and the theory are pretty obvious to me.
For me its dumping since its cut off the half of bitcoin per block, after the halving the miners will be able to mine bitcoin 6btc per block if im not mistaken. So the big company miners will dump the btc so that small will not be able to survive.
Voted for
Voted for
Voted for
Voted for
Voted for
Voted for
I hope so!
Voted for
Voted for
Voted for
Voted for
Voted for
Direct application for users is still concentrated on a small part of the world. Massive adoption is the only possible way BTC reaches higher prices after 2020 halving.
Voted for
I hope so... but I can't be sure!
Voted for
Voted for
Voted for