Dear @fucho80
I'm also very curious what will happen after may 2020. However I wouldn't really expect any serious change and probably price movement will be determined by either hype or FUD.
The fact that miners will start receiving less rewards may reduce selling pressure (will it?) but surely it doesn't mean that buying pressure will increase.
All those predictions are worthless since they were all made before corona virus became a real problem. It's a huge black swan - the biggest in our lifetime. And it's already crashing world economy. And that will cause uncertainty. Some investors will move their resources into assets like gold, silver and perhaps crypto. But will it be enough to make a difference? Can BTC reach levels of 100$?
I hardly doubt so. On the way to such a high level we would witness enormous amount of investors taking the profits and moving to other assets. BTC worth 100$ would be considered a huge bubble and to get there we would need more hype and less fear. And right now fear is very visible.
So again: I don't expect much of a difference after halving. Not this year. Perhaps short term hype and then ... taking the profits.
Due to this event there is a deflationary effect, and he expects that it will result in the increase in the price of Bitcoin,
I would definetly expect that many miners will go bankrupt.
Solid read. Upvoted already,
Yours, Piotr
RE: Countdown to the BTC HALVING 2020