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Bitcoin currently at $4500 and going down 3540
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OP03-16-2020, 07:14 AM
#1

I reallllyyyy think it'll be going down to $3000 pretty soon due to the virus

What are your thoughts?



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03-16-2020, 07:16 AM
#3
$3k here we come



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03-16-2020, 07:16 AM
#4
yes. when virus keeps going like this we will see 3,000$ prices.

but no problem, because the halving is coming up :)



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03-16-2020, 07:20 AM
#5
(03-16-2020, 07:16 AM)Steady Wrote:yes. when virus keeps going like this we will see 3,000$ prices.

but no problem, because the halving is coming up :)

I mean I think you've overestimated the power of halvening.



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03-16-2020, 07:22 AM
#6
Time to invest into melon coin



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03-16-2020, 07:24 AM
#7
(03-16-2020, 07:20 AM)thx Wrote:I mean I think you've overestimated the power of halvening.

do you mean the price wont go up because of the halving?

it ofcourse wont skyrocket on the same day of the halving, but it will go up slowly after the halving



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03-16-2020, 07:30 AM
#8
(03-16-2020, 07:24 AM)Steady Wrote:do you mean the price wont go up because of the halving?

it ofcourse wont skyrocket on the same day of the halving, but it will go up slowly after the halving

Then you think it will eventually go up. Nothing to do with the halvening.



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03-16-2020, 07:32 AM
#9
(This post was last modified: 03-16-2020, 07:36 AM by Steady.)
(03-16-2020, 07:30 AM)thx Wrote:Then you think it will eventually go up. Nothing to do with the halvening.

after the halving, half of the bitcoins that get sold now are getting sold. So of course is the halving one of the main reasons bitcoin will go up


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As demand rises, the value of each goes up.

So simple, yet most people try to make it more complex than it really is.

Don't try to outsmart supply and demand economics."



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03-16-2020, 07:38 AM
#10
(03-16-2020, 07:32 AM)Steady Wrote:after the halving half of the bitcoins that get sold now are getting sold. So of course is the halving one of the main reasons bitcoin will go up


"There is a total of 21,000,000 Bitcoins available to mine. from which already are more than 19,000,000 mined.

As demand rises, the value of each goes up.

So simple, yet most people try to make it more complex than it really is.

Don't try to outsmart supply and demand economics."

I know how it works, but the fact you put a quote says enough.
I don't know what you base the 'as demand rises' on.



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