What is your best or most interesting prediction for what happens when BSV halves?
Post by twetch#2422
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)
What the chain says
- Block
- 629 299
- Time
- 2020-04-05T06:22:36Z
- Signer
- 1836VNhdtX8bW6XJfbxn6gp8cDKF3abDTq
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2422
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1836VNhdtX8bW6XJfbxn6gp8cDKF3abDTq VerifiedReplies (3)
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.