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Topic: 26 days to the halving left, what are you expecting? - page 5. (Read 1389 times)

full member
Activity: 644
Merit: 101
Ecowatt.io
Hello everybody. The most important thing that I expect is a strong manipulation of the price of Bitcoin, many here expect a strong price increase. My opinion is that the price will reach both the lowest prices, and so will conquer the highest heights. We live in a very good time - there are no rules, as in the wild west, it is in such times that either everything is lost or huge fortunes are made. Now you just need to accumulate this asset, use any purchase opportunity at a lower price. You don’t have to be a very learned person to understand a simple thing, - the reward will be reduced by half to the miners, the main producers of this asset, then sooner or later there will be a good price increase, we all need to be patient.
legendary
Activity: 1778
Merit: 1009
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I am hoping there is an uptrend but after reviewing past bitcoin halving, the price does not go up automatically,  Often about 150 days after halving the price will go up. I hope it is the same this time in 2012 halving from $12.35 on Halving Day goes to $127.00 after 150 Days that's is a huge increase in price. I guess thinking negative things does not help this time so we need to be positive about it even we are in crisis now.
IMO, bitcoin on that year wasn't really popular and only the market people are the ones who adapt its early stage. Now, there are many users and investors of bitcoin now, I guess it will not take a lot of days to gain its pump after bitcoin halving. I'm sure 100% that it will give a wonderful hike on the market and I'm fine with it even it's not a huge pump.
full member
Activity: 1176
Merit: 162
I am hoping there is an uptrend but after reviewing past bitcoin halving, the price does not go up automatically,  Often about 150 days after halving the price will go up. I hope it is the same this time in 2012 halving from $12.35 on Halving Day goes to $127.00 after 150 Days that's is a huge increase in price. I guess thinking negative things does not help this time so we need to be positive about it even we are in crisis now.
sr. member
Activity: 1022
Merit: 257
From the current jump we have in the price of bitcoin, what I expect to happen is another jump. I am not expecting too much but it will probably bring a positive effect to bitcoin. But there is still this doubt that I have due to the pandemic that we are facing right now, I know it is not affected but investors around the world might have a hard time investing this time. It is possible that the price increase will be slower than expected.
full member
Activity: 1442
Merit: 153
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I think it's priced in by now, we saw the price jump from high 3's to now $7,100, I don't think we will see a massive jump quickly.
Well it is possible though, from core of speculation we can really achieve an easy jump price especially people these days are very optimistic with the upcoming halving event. The price today may be disappointing, but don't get that wrong, the time to invest is now actually the best time when the halving is 3 weeks far we can totally get what we wanted with so much speculation and whales movement.
member
Activity: 322
Merit: 12
Iqcash
I think this year's Halving may be a little different, we've always seen Bitcoin do a lot of pumps after Halving, but to me it seems like this year Bitcoin will not do as big a pump. And Covid-19 can have some effect on it, because people are in the midst of panic now so nobody wants to die leaving their investments in the virtual world, because no big pump is expected to come out. It could just be my personal opinion, but vice versa.
newbie
Activity: 30
Merit: 0
I believe bitcoin in the long run is going to do very well.

However, with the halving coming i do not see it initially increasing the value of bitcoin at all. Miners are barely breaking even at this point, and there is currently VERY BIG motivation for them to short bitcoin and then completely dump their share onto the market. If miners got together to do this they could potentially create a bit of a snowball if weak hands started to sell off.

So they short the bitcoin price. Dump their bitcoin. Price drops. They buy back in low buying even more than before as support builds.

If big mining pools do this in unison it could have a knock on affect and push bitcoin down to USD $3-3500.

I still have no clue what the actual result will be, it is all speculation. However if you are assuming BTC will pump after the halving, put in 20% of what you want to and if it drops buy more in steps if the price does continue to fall. In the long run bitcoin has a long way to go yet before it reaches saturation.

We are still in the dial-up era of internet for crypto. It is still very early days.

Cheers and good luck.
member
Activity: 868
Merit: 16
I hope bitcoin price is always up and pull many new investors. Because it is the key for bitcoin miner still open their mining rig. I just thinking if there is no change for bitcoin price, it mean bitcoin price never reach $9000 price then there won't be any miner who keep mining bitcoin. The mining dificulity will increase and it means they should be upgrade their system in order to be able to mine. I ever read as well an article that the cost electricity to mine bitcoin it will increase around $3000-$5000 per months. Just imagine if bitcoin price didn't increase maybe the miner will leave immediately.
hero member
Activity: 2716
Merit: 904
I guess I'll just have to observe the market for now, it's hard to expect that the price will rise with what we are facing right now.
We are fighting for our lives now, we can't go hold and I don't think investing would be the priority of this time for most of us, and with less people investing, there's just less hype.
legendary
Activity: 2758
Merit: 1228
It's all right, I don't think it's worth worrying about right now.

You're right mate, this has.nothing to be worry about because things are changing for the betterment of those who hold up their bitcoin for a long-term. For those who bought at the very dewo of $3800 and $6420 will be more lucky for a long-term holding as the cryptocurrency revive itself. Particularly, am holding right away and not ready to sell off my portfolios. Am expecting more move from Bitcoin during the pre-halving and higher during the post-halving so, for those who are yet to buy, kindly secure your chance now because we're going to boom in my opinion.

Right good decision for them if they still hold up and doesn't even get panic with the several dumps happening in the market since might provably they can earn more when the block halving is closer to be happen, And I have a great feeling that we will see a good pump coming especially if the Covid-19 will be controllable and majority of people will come back to join the block party.
hero member
Activity: 2828
Merit: 518
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I'm thinking about a pump early this year as the market shows a positive look at the start but something it is impossible to happen as we are facing the crisis today. 26 days (left) isn't enough to see a bullish if the market trend goes like this. Maybe we have to accept and might this halving isn't really creating a bullish unlike the previous halving did.

But anyway, I'm so glad to see Bitcoin's prices seem in a good position. Though altcoins suffer a huge dump but I'm not thinking that it worsens as halving has to finally at its launch. Instead, it could some way to uplift their current market situation.
full member
Activity: 756
Merit: 231
It's all right, I don't think it's worth worrying about right now.

You're right mate, this has.nothing to be worry about because things are changing for the betterment of those who hold up their bitcoin for a long-term. For those who bought at the very dewo of $3800 and $6420 will be more lucky for a long-term holding as the cryptocurrency revive itself. Particularly, am holding right away and not ready to sell off my portfolios. Am expecting more move from Bitcoin during the pre-halving and higher during the post-halving so, for those who are yet to buy, kindly secure your chance now because we're going to boom in my opinion.
full member
Activity: 2576
Merit: 205
I think we all know that the halving will come in 26 days  Grin Im just wondering what are you thinking what impacts will the halving have?
there are no big impact so far as we look at the market now though staying at 7k$ level and this is enough to be contented so far.



Will nothing happen?
there is already happening mate,Look at the market and you will see the answer.



Will the price pump or dump?
either what happen is not yet confirmed  because unstable market is what we have now.



Will the hashrate drop dramatically and delay block times?


i dont think this will happen because even there is a crisis here still Miners will make good profit.
hero member
Activity: 2156
Merit: 803
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I think we all know that the halving will come in 26 days  Grin Im just wondering what are you thinking what impacts will the halving have?

Will nothing happen?
Will the price pump or dump?
Will the hashrate drop dramatically and delay block times?

I expected a lot from Bitcoin this year, but things never go as you expect them to and the same is happening now. Before the pandemic had spread I was expecting Bitcoin to easily touch 10k but now I doubt it will happen.

If this pandemic is not controlled sooner then after halving I Bitcoin will dive down to 3k. It is still struggling to hold 7k at the moment and I am pretty much convinced that till halving it will hover around the present region.
legendary
Activity: 1778
Merit: 1009
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Although I am expecting to see a big explosion on bitcoin price before or after bitcoin halving, I doubt that it will happen so soon because bitcoin still collecting more supports to raise the price. Perhaps, it will occur after the halving happens, and it might come like what we saw before. But the chance to see the highest price will be there as I see that many people make their own prediction on how higher bitcoin can increase. Perhaps, the price will still up and down like what we see now, or maybe the price will go up and break every high price level first and stable at $10k or $12 or $13. After that, the altcoin will get their turn to increase higher, and the second wave of bitcoin will happen, and it will grow so high. But once again, that will be a prediction which we don't know if that will happen or not.
Same, bitcoin halving is an unusual case, and recent halving still results in pumping. Let's hope it happens again because I'm saving a lot of bitcoin right now and just waiting for this pump. $10k isn't unlikely because the last time it already reaches $9k but COVID-19 appears and it's going to send a metric of downfall.

Even though we don't have proof that it will pump, I still have faith and being optimistic on the current situation of the market.
full member
Activity: 1470
Merit: 148
The market has been fluctuated since the beginning of this year and we should be more concern about the positivity of the market recovery after which we can discuss about the Bitcoin halving. That be said, this Bitcoin halving should be see as a means of global adoption and not that of the formal, which was known to be a "get rich quick" by members and investors. For those who are thinking about another all time high might be disappointed because the momentum of this year halving is totally different from the last that happened. Though, profit is one thing that's important during this period.
hero member
Activity: 2562
Merit: 577

......Now, look at it. If you will trace back the previous result of the Bitcoin block next halving, it gives massive increased after a few months right after it has successfully occurred. The first and second showed a good result so, at this third time, I also expected the same situation will happen.......

Remember the previous halving did not face such tight conditions worldwide, the current situation of the virus is directly or indirectly affecting the economy so that makes it more difficult to say what will happen in this upcoming halving, it could be that price will rise or still remain the same, but my point is the situation of covid-19 could affect the price.
legendary
Activity: 2534
Merit: 1233
I think this topic will belong to the speculation board.

Yeah, we are near to this next Bitcoin block halving and everyone was excited to see the result. I'm kinda thinking positive here, why?
Now, look at it. If you will trace back the previous result of the Bitcoin block next halving, it gives massive increased after a few months right after it has successfully occurred. The first and second showed a good result so, at this third time, I also expected the same situation will happen.

But we will see to it, it really hard to predict the market movement even though this Bitcoin halving event is near to come.
As of now, it is 25 days more left. https://www.bitcoinblockhalf.com/
hero member
Activity: 2912
Merit: 556
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Although I am expecting to see a big explosion on bitcoin price before or after bitcoin halving, I doubt that it will happen so soon because bitcoin still collecting more supports to raise the price. Perhaps, it will occur after the halving happens, and it might come like what we saw before. But the chance to see the highest price will be there as I see that many people make their own prediction on how higher bitcoin can increase. Perhaps, the price will still up and down like what we see now, or maybe the price will go up and break every high price level first and stable at $10k or $12 or $13. After that, the altcoin will get their turn to increase higher, and the second wave of bitcoin will happen, and it will grow so high. But once again, that will be a prediction which we don't know if that will happen or not.
hero member
Activity: 2366
Merit: 594
With the economic crisis, nobody know what will happen this coming halving. We cannot expect something same as the past halving because the pandemic changed the whole course of the market. However, remember how crypto atarted, it started when the market crashed in U.S. and no one knows what will happen this halving.
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