2020 Bitcoin halving!!! Bull run??? - page 2.

exstasie

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Quote from: deisik on January 02, 2020, 02:18:25 AM

Quote from: darkangel11 on January 01, 2020, 04:16:58 PM

Quote from: deisik on December 31, 2019, 04:13:17 AM

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)

People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set.

To be exact, people were saying quite different things in 2015 and 2019. Just in case, tethers emerged only in April 2017, if I'm not mistaken

Tether emerged in 2014, though it wasn't until 2017 that it blew up in popularity and market cap.

He's talking about the Willy Bot. People said the 2013 bubble was "fake" because the Willy Bot supposedly pumped the market up. Sort of like now, how people say the 2017 bubble was "fake" because of Tether printing.

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too. Tongue

Taskford

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Quote from: iv4n on January 01, 2020, 02:11:34 PM

Quote from: Kasabus on January 01, 2020, 08:07:37 AM

Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes, we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish.

Previous halvings didn't have effects on the price right after the halving, only after some time, to be accurate 6+ months, we saw the the price rising. I think we will have similar situation this year, after the halving minimum 6 months is January 2021, it the time when bitcoin price will have some significant increase, everything before that will be classic volatility in this range where are we now, between 7 and 9 thousand dollars. I'm sure that next year we will see the price rising over 10k, but that will be just temporary.

To much expectation coming and people want to see some immediate increase since for sure they have lose more money from the unexpected long streak of bearish market and hopefully all of this predictions are right so that we have time to recover the loses we encounter for the past years, And I believe to many people get anxious by now since market still striking them down.

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Quote from: Wind_FURY on January 01, 2020, 05:12:52 AM

"The halving is slready priced in". The statement that you should be telling everyone, if you actually wanted to buy in in a cheaper price to HODL

You can price in expectations but not real change in coin supply

This is not to say that the coming halving will necessarily trigger a massive surge in prices. But if it will not, this will be due to the mostly negligible effect of the next reward halving on the total supply of coins. Don't forget that halving is intended to work and does actually work in line with the law of diminishing returns

With each halving coming along and by, the reward gets diminished until there is virtually nothing left to diminish further (we are still far from that but you get the point). And thus no mind-boggling and earth-shattering effect on prices should be expected that would come about specifically because of the decrease in the supply of new coins

Quote from: darkangel11 on January 01, 2020, 04:16:58 PM

Quote from: deisik on December 31, 2019, 04:13:17 AM

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)

People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set. That it was all fake and won't ever happen again, but it did. I hope the next bull run will be all natural instead of a speculative bubbles like 2013 and 2017, but I believe it will happen

To be exact, people were saying quite different things in 2015 and 2019. Just in case, tethers emerged only in April 2017, if I'm not mistaken

darkangel11

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Quote from: deisik on December 31, 2019, 04:13:17 AM

I guess Bitfinex can't print so many tethers

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)

People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set. That it was all fake and won't ever happen again, but it did. I hope the next bull run will be all natural instead of a speculative bubbles like 2013 and 2017, but I believe it will happen.

Quote from: Taskford on December 31, 2019, 12:47:57 AM

Any constant continue price change can be called bull run if there's no intervention and even if we will not reach the current ATH made by the past 2017 bull run still we are lucky if we bought bitcoins more cheaper since imagine the total percentage we possibly get if the upcoming halving will bring another historic greatness next year.

Does that mean a constant price change that we've witnessed in 2018 can also be called a bull run? For over a year we were going from 20k to 3k. It fits your definition. Wink

iv4n

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Quote from: Kasabus on January 01, 2020, 08:07:37 AM

Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes, we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish.

Previous halvings didn't have effects on the price right after the halving, only after some time, to be accurate 6+ months, we saw the the price rising. I think we will have similar situation this year, after the halving minimum 6 months is January 2021, it the time when bitcoin price will have some significant increase, everything before that will be classic volatility in this range where are we now, between 7 and 9 thousand dollars. I'm sure that next year we will see the price rising over 10k, but that will be just temporary.

Kasabus

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Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes, we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish.

Wind_FURY

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"The halving is slready priced in". The statement that you should be telling everyone, if you actually wanted to buy in in a cheaper price to HODL. Cool

DevilSlayer

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Do you know how to identify a bullish market? It is simply using 100 moving average. If the 100 moving average strikes down the price where it act as support then it is now the start of bullish market. The halving may affect the trend of the market. I do not want prediction and I just want to rely on current situation. My decision will also depend on what will happen in the price of the bitcoin. But one thing is sure, there will be an effect to the price of bitcoin after the halving.

Lee01

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Bitcoin halving surely would be as expected, a new ATH is definitely going to be the case_for me there's no cause for alarm.

ultrloa

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Quote from: Aying on January 01, 2020, 03:08:46 AM

I think there is no higher chance that bull run and expect for 2017 price will achieve this year. maybe the halving event may support the price to up but it couldn't help much to make a higher price that what we want. although it is not happening, we should not lost our hope and still hodling and purchase for lowest price if we want to make profit.

It takes process and all aiming to see something good to be happen when bull run occurs but it's good thing to see really that there's a slow growth since meaning the halving slowly taking it's effect and maybe we cannot see some good growth for this year but maybe in year 2021 we can see the massive price bull run(but this is just a speculation so don't take it seriously).

Aying

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I think there is no higher chance that bull run and expect for 2017 price will achieve this year. maybe the halving event may support the price to up but it couldn't help much to make a higher price that what we want. although it is not happening, we should not lost our hope and still hodling and purchase for lowest price if we want to make profit.

Taskford

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Quote from: gabmen on December 31, 2019, 02:51:30 AM

Quote from: Taskford on December 31, 2019, 12:47:57 AM

Quote from: darkangel11 on December 30, 2019, 08:15:13 PM

Quote from: Stargazer on December 30, 2019, 03:16:04 PM

Honestly, Bull run is not my thing anymore, I just want to see Bitcoin price above 15K USD! Bull run not mean Bitcoin at 20K USD like 2017, we have to forget that pump and dump bull run! This year crypto gonna be rock, I feel positive that many big companies will come to the crypto industry and they may open the door for crypto payment! Therefore the most awaiting bitcoin halving is coming! So, overall, the crypto market can see the real bull run this year!

A bull run in Bitcoin that doesn't break the ATH is not a bull run. This may be called a fakeout Cheesy

A real Bitcoin bull run will take us to 50k if it ever happens. I believe it will because it gains support in the lows year after year and 5 years from now this low will be higher than we are now, which will give us a significant margin to move up. Bitcoin will break ATH or die, I don't think it will ever stabilize so you can expect a bull run like in 2017 somewhere in the future. Not necessarily in 2020.

Any constant continue price change can be called bull run if there's no intervention and even if we will not reach the current ATH made by the past 2017 bull run still we are lucky if we bought bitcoins more cheaper since imagine the total percentage we possibly get if the upcoming halving will bring another historic greatness next year.

Lol. A rum doesn't break ath is not a bull run??! Does this dude even know what he's talking about? You all time high is not a parameter for a bull run. It's correct that a sustained rise in price can already be considered as such. Some people just hasn't gotten over what happened in 2017 and we must accept that that kind of run mat not happen again in the future. We're all looking at a steady market movement towards our goal.

I think you are quoting the wrong post men since my point is the same to your conclusion maybe next time try to read up so that you will not miss to quote the correct post but anyways let's became open minded on possibilities since this all talks is pure prediction and we can see the final result once we are nearly at block halving month.

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Quote from: Febo on December 30, 2019, 02:44:13 PM

Quote from: StatesManG on December 29, 2019, 05:30:39 AM

2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.

Pretty dumb advise. What does 2020 have to do with 2018? Was halving in 2018, or was 2 years before? 2020 will be just like 2016. Like when last halving happened. Pretty boring year with tiny slow growth. probably few pumps and dumps on the way. For sure in summer around halving and others when Chinese president will speak. But overall at end of year we will mostly see Bitcoin at like 50-100% higher price as it is right now. Great year for any asset. A boring year for Bitcoin.

I think this is a good take. Those looking to benefit from the greater fool theory should be buying continuously with their eye set on Q4 2021 to cash in.

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Quote from: Febo on December 30, 2019, 02:44:13 PM

Quote from: StatesManG on December 29, 2019, 05:30:39 AM

2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.

Pretty dumb advise. What does 2020 have to do with 2018? Was halving in 2018, or was 2 years before? 2020 will be just like 2016. Like when last halving happened. Pretty boring year with tiny slow growth. probably few pumps and dumps on the way. For sure in summer around halving and others when Chinese president will speak. But overall at end of year we will mostly see Bitcoin at like 50-100% higher price as it is right now. Great year for any asset. A boring year for Bitcoin.

I completely agree that 2018 has nothing to do with 2020 and vice versa but people like to draw connections and find patterns and similarities even there where they don't exist. But Bitcoin is not functioning that way and we don't need to make comparisons all the time with evenrs that happend in the past, that leads nowhere except to false predictions and expectations.

okala

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The halving is one of the event people are really wanting for as many people hope that bitcoin should set a new high in pricing. I hope from January through December bitcoin will keep growing.

exstasie

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Quote from: Lucius on December 31, 2019, 06:41:52 AM

Quote from: exstasie on December 30, 2019, 04:47:14 PM

It's a worthwhile comparison to make. You are focusing on "Bitcoin dominance" but you are ignoring that Litecoin massively outperformed both BTC and the entire altcoin market during it's pre-halving pump this year. That's a pretty strong indication that halving-driven demand is a real thing. That spells real implications for the BTC market as we approach the 2020 halving.

I will never agree that comparisons of BTC with LTC or any other altcoin should be done, and especially that we should be afraid that BTC halving will have zero effect like LTC halving (long term).

I certainly never argued anything like that. On the contrary, in fact.

LTC's first halving occurred in August 2015. At the time, it was trading around $3. Today, it trades around $41. Zero long term effect? You tell me.

Short term, the effects are apparent too. From April-June 2015, LTC jumped 810% in price. In hindsight, this was obviously "the halving pump" that also occurred before BTC's halvings in 2012 and 2016 and LTC's 2nd halving in 2019.

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Quote from: StatesManG on December 29, 2019, 05:30:39 AM

The crypto industries and communities has been quite expecting the upcoming bitcoin halving with much hope of another bull run coming up after the bull run failed in 2018 through 2019 now we all looking at the 2020 with the halving as an excuse to trigger the bulls to start running 🏃.

I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.

Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.

The next bull run will come unexpectedly all you need to do is stay focused.

2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.

Happy new year in advance

Well honestly I don't put too much expectations on it but I do still hope that there will be a bull run occur after the halving and I do take the risk of buying cheap coins as well. Regarding with Litecoin halving I think it is different from Bitcoin so I guess if Bitcoin will pump other coins will do so. Perhaps halving of other altcoins is not comparable in Bitcoin.

BrewMaster

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the only thing that the market needs is a kickstarter to simply enter the bull market overnight. it will start by a moderately sized rise at first which will take a lot of people who haven't been preparing or were falling for FUD and waiting for drops, by surprise and then the FOMO begins as all those unprepared people jump back on board. the holidays could also make this more intense as if the price starts rising early in January a lot of people would come back to see the big rise and then FOMO even harder.
then comes the halving hype and with all the rises that has been going on we can even see the ATH be very close by then.

Finestream

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If everyone would believe that bull run will affect the market to turn into bullish, then it's not impossible to see a bull run by 2020.
That should be a great year for us if it ended up achieving a new all time high and we will surely forget the struggles of holding that we are experiencing for more than a year already.

The hype should be here by next year so the pump that we used to see last 2017 will again be seen next year.
As the year will end, I am optimistic that we will have a good start next year especially when closer to the halving schedule.

don't forget the countdown https://www.bitcoinblockhalf.com/

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Expecting too much ain't bad if you are aware as well that such expectation couldn't happen on the other hand. FOMOs are surely will occur when this bullrun starts to occur with so much hype coming around. Besides looking back upon the last halving which happen last 2016 bullrun starts to happen late at 2017 which means in the incoming halving in 2020 that ain't assured that bullrun would happen right away as well.

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