Whether Bitcoin will rise to a new level or not

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Avatar for Shinobi1
Written by
3 years ago
In community: Cryptocurrency(10fa)

We all known that Bitcoin Halving is already over now we have to see whether bitcoin will start to move or not because the per block reward was reduct and now only 12.5 btc per block reward will distributed so the miners will face much more difficulty if the bitcoin value will not rise than most of the miner will stop mining a bitcoin.

Well I believe most of the miner were a Whales so they knows that value of bitcoin should be rise to a new level so they could get profit from a bitcoin.

So whats your thought about upcoming value of bitcoin??

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Comments

Taking on precedents it pumps after every halving, market can be unfavorable these days, yet eventually BTC/ USD pair will move up. As we go further into the future of decentralizad money and an already decadent monetary (inflationary) system, Bitcoin can only rises ultimately. Of course, this doesn't mean immediately. As for now a little pump can be expected, but not much more.

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User's avatar Monolith
3 years ago

Yes I was also expecting the same but i think if bitcoin will move than some of the coin like Ethereum and Ripple will also move

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User's avatar Shinobi1
3 years ago

XRP and ETH has a lot to give this year, or so we hope. An special attention to ETH 2.0 (fingers crossed) and more acceptance for the great forgotten: BCH

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User's avatar Monolith
3 years ago

we have to keep eye on crypto market and exchanges to know bitcoin price that will give you 50% chance to predict btc price

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User's avatar G4ceTech
3 years ago

Yes that was correct we have to keep our eyes because we don't have to loose an oppurtunity these time

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User's avatar Shinobi1
3 years ago

Learning about crypto ! All that I want..thank you..

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User's avatar Arnavaria
3 years ago

Thanks for appreciation i will try to make a post more on these kind of topics

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User's avatar Shinobi1
3 years ago

It is clear that BTC/USD price will surge after halving, so also other altcoins especially BCH. As a result of this, the miners will be able to make profits.

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User's avatar Olad
3 years ago

Yes i also had same thought if the miner will not earn that much than they will not mine so for these kind of things shouldn't be happen the whales will rise the value of bitcoin

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User's avatar Shinobi1
3 years ago

The miners just need to take better investment decision. They have the option to shift to an altcoin that is more profitable.

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User's avatar Olad
3 years ago

No one can understand what the next will be in cryopto world. Now its bitcoin turn wondering which crypto will be the next

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User's avatar Abothe
3 years ago

I also thinking the same it had a higher chance that it can go to the next we never know what would happen so let's hope for the best

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User's avatar Bunu930
3 years ago

For now an small pump is already appreciated. Moving towards 9500$ mark, the question is can it break it soon? If so we might hope for 10K+ un almost no time.

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User's avatar Monolith
3 years ago
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