ilmscore | Bitcoin Is Halving | What You MUST Know

Bitcoin Is Halving | What You MUST Know

Published: 2024-04-12
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 6
Incorrect: 3
Pending: 0
Unrated: 0
Prediction
Topic
Status
Predicted that the Bitcoin halving would decrease the rate of inflation of Bitcoin (half as many Bitcoins created) around April 20, 2024.
"the having is set to happen next week around April 20th when it will decrease the rate of inflation of Bitcoin"
Bitcoin Halving
Correct
Predicted that after the Bitcoin halving, it would become twice as expensive to mine one Bitcoin.
"it'll become twice as expensive to mine one Bitcoin"
Bitcoin Mining Cost
Correct
Predicted that after the Bitcoin halving on April 20, 2024, only the most efficient miners would remain on the network.
"what happens is only the most efficient miners stay on the network"
Bitcoin Mining
Correct
Predicted that after miners leave the network, the difficulty to solve Bitcoin blocks would automatically adjust downward.
"when those miners leave the difficulty to solve the blocks automatically adjusts downward by design"
Bitcoin Mining Difficulty
Incorrect
Predicted that after the Bitcoin halving on April 20, 2024, the cost to mine one Bitcoin would double to around $80,000.
"after the having on April 20th estimates Say it'll double to around $80,000 a coin"
Bitcoin Mining Cost
Incorrect
Predicted that after the Bitcoin halving, Bitcoin would become more rare than gold according to the stock-to-flow metric.
"after the having Bitcoin becomes more rare than gold as measured by something called the stock to flow"
Bitcoin Rarity
Correct
Predicted that after the Bitcoin halving, only 450 Bitcoins would be mined per day.
"we're going to mine only 450 Bitcoins per day"
Bitcoin Mining Rate
Correct
Predicted that 12 to 18 months after the Bitcoin halving (April 20, 2024), Bitcoin's price would tend to go up substantially.
"12 to 18 months after the having bitcoin's price tends to go up substantially"
BTC
Correct
Predicted that the Bitcoin art display puzzle box would not be brought back into production due to lack of sufficient interest.
"unfortunately I don't think it's going to happen because I'll need several ,000 people just to make it worth it and probably break even"
Bitcoin Art Display Puzzle Box Production
Incorrect