What is your best or most interesting prediction for what happens when BSV halves?
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13PnV1oUFYAeMUzzvoKFWX9FpjnMxyUpM9 VerifiedThe miners will loose money so they will switch to btc until btc halves.
People sitting out of long side until they are comfortable the damage of halving is absorbed and the price becomes stable. Then they'll buy back in and price rises.
This factor can instantly become secondary to fear inducing catalyst news.
won't say. but it has to do with exchanges maintaining a fictitious narrative
That looks a little further away to me.
https://bit.ly/2XrsVST
-Price and hence volume needs to 3x in value organically, then will be incentive & pressure on marginal exchanges to cheat. 1st one will break the flood gates.
Price collapses to below $100 given transaction volume has not increased enough. BTC will follow suit a few weeks later.
After BTC halves, BSV will gradually gain market share (only if big and constant transaction volume is ensured via corporate deals)
thats one of the few rational answers on this topic in general so far.
Most people have the same mind set as the BTC HODL cult, expecting a massive increase in price for no reason.
MUH HALVING MEANS MOAR PRICE, HMKAY ?
Unfortunately the volume has not been increasing in the last few months. We need another catalyst (and a big one) to justify miners to switch over. Until then, BTC can double fees and rely on the network effect just fine.
Still a long way to go!
true as well.
BSV volume and size is stalling.
Nobody like to admit it or talk about it, but thats how it is.
At this point, halvening will only drop hashrate on all 3 networks and thats about it.
Litecoin did little when it halved.
I think BSV will experience little as well. Doesn't have enough hash to cause miner capitulation/open market dumping. No reason for a pump.
Does the population also decrease with it?