Bitcoin & and its price after halvening
- mining Bitcoin
Do you think Bitcoin price will increase after the halvening? This should be essential for miners, if not the blockchain might be very slow...
What if some whales will try to manipulate the price and will drive the price very low so big mining companies will have to stop doing it?
There is no doubt that some whales are manipulating the price of bitcoin but I still believe the price should go up
Despite recent market carnage, I do believe that the value of Bitcoin will increase considerably (relative to the US dollar) as we approach the halvening. This is due not only to a reduction in supply of Bitcoin, but to a significant increase in the supply of US dollars as the federal reserve officially launches another round of quantitative easing (money printing). Moreover, Bitcoin is recognized internationally as unstoppable money that can be transferred at anytime to anyone, anywhere in the world.