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Topic: 26 days to the halving left, what are you expecting? - page 6. (Read 1389 times)

sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
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?
we have made wrong assumption early this year because almost everybody is looking about early bull Halving but things went another way as pandemic arise and spreads the world.
Will nothing happen?
Will the price pump or dump?
Will the hashrate drop dramatically and delay block times?
Volatility of market will decide about all this,because there might another manipulation again?or there were some stupid decisions from the Holders anything is possible so lets see what  comes next.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
~snip~

In my personal opinion, if the quarantine continues, if more cases of COVID-19 continue to be generated, there will not be a significant movement in the market, since investors, speculators will remain out of the market, since panic is a big Fundamental.

In this Bitcoin market, I think the price will not move as much as many believe it can.
sr. member
Activity: 1470
Merit: 359
Nothing special is going to happen. No sudden pump, but It could fall again. I dont think whales are gonna do something about it because everyone is expecting a good price. This event will turn the investors into a disappointment, thus it might cause a slight drop of price, which is actually happening right at this moment.
I might say, bull run might happen next year or the 4th quarter of this year. The market movements doesn't seem interesting for the optimistic people these days.
I also foresee that there will be no special that is going to happen, I managed my expectation very well and that is why I speculate that the price will remain to its current price or maybe it will drop more. There are a lot of people who expect that the price will rise after the halving but for me it will not going to happen because we are still facing a crisis. There are a lot of speculation around this forum and around the internet, they do not managed their expectations very well because they expect too much.
full member
Activity: 896
Merit: 108
I guess this upcoming Bitcoin halving will be the most hot topics this month or maybe even next month. Will some people do expect a quick recovery like a quick bull run but that isn't how halving works since after the halving there is still not that much of a change of price not unless someone manipulated the market. If you based the previous halving to the upcoming halving I'm sure you will understand how the market supposed to be working when there is a halving.
True, this has been seen from the increase in searches with the keyword "bitcoin halving" on google trends
We also have to understand this situation. In the previous halving period, the pump does not happen instantly, but it requires a process, up and down, until the expected moment. We must really understand this situation so as not to FOMO and get caught up in losses.

BTC prices tend to rise after halving
hero member
Activity: 2156
Merit: 670
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I don't want to expect a big thing this year. Just look at the current situation and the characteristic of crypto market. We are in a bad situation because of virus and we still don't know when it will be over. This surely brings impacts to crypto market and halving as well. And we all know that most investors or traders have already understood very well about crypto, they won't do anything based on HYPE. Moreover, according to the previous halving, the big increase on Bitcoin price happens in the next year, it means in 2021.
sr. member
Activity: 2506
Merit: 368
I guess this upcoming Bitcoin halving will be the most hot topics this month or maybe even next month. Will some people do expect a quick recovery like a quick bull run but that isn't how halving works since after the halving there is still not that much of a change of price not unless someone manipulated the market. If you based the previous halving to the upcoming halving I'm sure you will understand how the market supposed to be working when there is a halving.
hero member
Activity: 1750
Merit: 589
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 have been waiting for the halving to come ever since last year when I have know that thet halving event will come to happen by this year 2020 at the month of May. The year 2020 have started with a good start wherein the prices of the cryptocurrencies specially Bitcoim have rise up which have reach $9,000+ by the end of the month of January. In that case, I have already high hopes for the upcoming halving all because the prices of the cryptocurrencies have risen up even halving was months away to happen. But then this pandemic happened which results to have negative impact even to the cryptocurrency industry. Actually, at this point of time, I am still hoping for a pump to come with this halving event but I really don't know if it will happen because the pandemic is still on and the whole world market is still affected by this. Let us just all hope that everything will be doing fine when the halving have come.
member
Activity: 672
Merit: 29
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?
Well I really don't see much things happening after the halving. The whole world is still on hold trying figure out the better vaccine for covid19 pandemic.
The price won't pump that much as expected. There will be a little bit increase.
Can't ascertain to that but let's be hopeful that everything will align together for good afterwards
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
Maybe a speculative pump to 8000+ before the halving followed by a dump post halving & then a slow climb to over 1000 by the end of 2020.

The real fun will come in 2021.

Probably you mean slow climb to 10,000 by year end and not 1000  Shocked
Last time the real pump came after 1.5 year after the halving. So keeping the same calculations we will have same pump in December 2021 ?  By the way, everyone is hoping for this so maybe whales have different plan this time around ?
sr. member
Activity: 2044
Merit: 314
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I’m expecting a positive effect but not much on the price because it takes time. The hype for halving is not that huge, better no to expect too much from it. The halving will be big, but base on history we need more time for a big pump. Let’s hope for the best but if bitcoin fails and goes dipper, better to ready your cash to buy bitcoin.
member
Activity: 137
Merit: 16
Educator | Trader | YouTuber
I think post halving we might get a run 2-3 months later but pre-halving we seem to be already seeing some manipulation spikes which could be interesting to watch.

I'm expecting and waiting for a lower BTC price
sr. member
Activity: 1400
Merit: 269
Im still bullish in Bitcoin despite the Economic CRISIS that some people say could affect Bitcoin. If you look at the technicals especially in onchain analysis like what MMcrypto discuss in his YouTube channel. We can see that most investors are pessimist and already capitulated thus making the price overly sold.
But despite all this no one really knows, we could see some huge fireworks or maybe not in the upcoming Halving.
hero member
Activity: 3024
Merit: 629
I dont have high expectation in the coming halving especially there's an on going problem and most countries are affected. Halving might affect the market just like what happened in the past but still there's no assurance the history will repeat itself.

Im not holding my bitcoin and alts for short term so whatever the outcome of this halving its fine for me since I have no plans of selling it unless the price reach my target price.

If you're a long term hodler then dont worry if the market is in bearish status even after the events this year that can trigger the price to increase. There's more room for development so we should look forward for it and be optimistic.
legendary
Activity: 3332
Merit: 1617
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Maybe a speculative pump to 8000+ before the halving followed by a dump post halving & then a slow climb to over 1000 by the end of 2020.

The real fun will come in 2021.
jr. member
Activity: 42
Merit: 3
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?


More Miners going Bankrupt ,

Bitmain will most likely activate those hidden ASICS , not yet sold and keep hashrate near the normal.

Bitmain has been playing the world for fools for years.



If they have "hidden" asics why would the wait for the halving to turn them on?

Well Bitmain lost alot of market share since they started joining the BCHABC team, their Pool has currently 12% of the btc hashrate
hero member
Activity: 2716
Merit: 552
Nothing special is going to happen. No sudden pump, but It could fall again. I dont think whales are gonna do something about it because everyone is expecting a good price. This event will turn the investors into a disappointment, thus it might cause a slight drop of price, which is actually happening right at this moment.
I might say, bull run might happen next year or the 4th quarter of this year. The market movements doesn't seem interesting for the optimistic people these days.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
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?

From the reaction of the market so far I don't think we should be over optimistic and expecting a positive reaction form the market in the short run. The Corona virus fear can still be heavily felt among the community as the uncertainty of the economy of the world is making individuals to sell their assets forecasting more economical meltdown. I doubt nothing will happen since the philosophy of the market resolves around buying the rumors and selling the news. There's just two ways the market will react, that's price increase or decrease.

Irrespective of how the market reaction in the coming weeks, we should be rest assured that on the long run, the successful halving of the block reward if bitcoin will have a positive impact on the price of bitcoin.

full member
Activity: 2142
Merit: 183
I read that halving should happen on May 13th. In the near future, because of this event, I do not expect anything too big. As the practice of the last two divisions shows, a good growth in the cryptocurrency market due to a decrease in the reward to miners by half for each new block mined occurs only during the year after that. So the increase in the price of bitcoin will be necessary, but not immediately.
Now, most likely, you need to watch how the price of bitcoin, and the entire cryptocurrency market, will react to the global economic crisis, which we have already begun to enter. Here the price can really start to rise.
legendary
Activity: 3472
Merit: 10611
it is impossible to predict in my opinion. under normal circumstances the halving itself is a hyped up event that will always lead to a rise, even a small one, in the market in short term during the 2 months period. but we are not in normal  circumstances at all. right now there is a lot of FUD going on and a lot of fear that is preventing any buys from taking place. on top of that the world economy is in a pretty bad shape and although bitcoin price only took effect for about a week but right now it is acting as some sort of preventing factor that is stopping the rise from starting.
with that said, all it takes for the FOMO to kick in and we see a gigantic rise is for one of the resistances to be broken then we see everyone rushing to buy and price can each something like $15k in about 2 or 3 days.
member
Activity: 845
Merit: 52
Halving may not immediately impact positively on the price of bitcoin. Currently, the market is under manipulation I am scared for people that will fall for price downtrend thinking bitcoin is correcting only to wake up and see they need to buy at a higher price.
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