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Topic: 26 days to the halving left, what are you expecting? - page 7. (Read 1389 times)

full member
Activity: 1190
Merit: 117
Yes, it's getting closer when halving occurs, even though market conditions are still not showing an increase. But I remain confident when halving
happens will have a positive effect. The price of bitcoin will rise, then it will be followed by other coins which will also go up. Despite the rise
in price of bitcoin may not reach all time high. Luckily I already bought bitcoin when the price of bitcoin dropped to $ 4000. So I am optimistic
when halving occurs can enjoy profit.
legendary
Activity: 2268
Merit: 2327
Marketing Campaign Manager |Telegram ID- @LT_Mouse
As per the history, price should be pumped as after the halving the regular supply will be decreased huge. About the hashrate drop, I agree it may decrease for sometimes instantly after the halving because of rewards being halved but that will not be longer.
full member
Activity: 1624
Merit: 163
Why are you so concerned about the short-term price action OP?

Will it pump, will it dump? Does it really matter? If it dumps it's only going to be temporary.

If you want to make a quick buck you can try shorting the stock market. If the recession really hits it's going to fall even lower and these things always come like an aftershock of a big event. The economic shutdown was the event, now we're waiting for the shockwave to hit, starting from the poorest countries affected.

I don't think he is really concerned base on the topic he opened but do not be surprised that a lot of people are expecting are expecting a short-term pump since there's a lot of speculators here in the cryptocurrency space. To be honest, I don't really think a major pump would happen anytime soon. There's still a crisis happening right now and investors are still at stand-by by the time halving happens. Maybe we would see the affect after 5-10 months just like the 2016 halving.
legendary
Activity: 3080
Merit: 1353
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?

No one really knows that's going to happened pre-halving. But if you go back to the last halving in 2016, the price drop 10% if I'm not mistaken on the day itself, but quickly bounce back. But we can't compare those previous halving, as obviously, many things have change, maybe we can witness some delay on the price increase because of the Covid-19. So many parameters to consider. As far as mining goes though, still the same 'Game Theory', honest miners will continue to secure the network, regardless of the hashrate, IMHO.
sr. member
Activity: 1246
Merit: 255
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?
As far as I'm concerned, for this halving, I'm not expecting so much effect for the next 5 months. Well! I'm not attributing this to the pandemic as a factor but Even before the virus outbreak must of us knew we can't get something much until the year end of the year.but one we know that with halving we have broken the bearish.its better one take more time to invest once it comes in and have the best at the bull.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
No-one knows for sure, but I expect the price to go up.

It's simple really, there is all that stimulus going on due to Covid-19 and then there is less newly minted supply.

We're really not ready for another bull-market but I see no reason why one couldn't just kick off.
sr. member
Activity: 1638
Merit: 300
Despite the fact that we are still affected by the pandemic, I think it could still affect the price positively in some way. It might increase but not that much and not that long considering people wanting to sell some of their bitcoins so they could provide for their family or themselves. I am expecting not that much but deep inside, even though it is not the same in the past's halvings, it will have the same result.
member
Activity: 634
Merit: 10
Some are quite excited about the upcoming halving because of the positive impact it may cause to the market, but for me, I don't wanna expect too much from it. Our world is currently experiencing crisis, many people are starving and some investors are/may be struggling with this situation. No one knows when will the vaccine will be made. But still, even if vaccine is to be made as soon as possible, many people will still focus their attention on how to come back to normal days where they have extra money to be used for investing.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
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 am not hoping too much to the incoming halving due to the pandemic that we are currently facing right now because many small investors will likely to focus themselves on how to survive in this type of situation. So the demand will likely to remain for the big investors who have enough money to sustain their daily lives even in lockdown while putting a good amount of investment in bitcoin and other currencies.

Most likely the market will behave to what it is right now, it will increase a little then decrease a little also. But if this pandemic will be finish, I will be expecting a good come back to the market that will trigger the bull season but with regards to halving, the timing is not good so I am not expecting too much right now. 
hero member
Activity: 2184
Merit: 531
Why are you so concerned about the short-term price action OP?

Will it pump, will it dump? Does it really matter? If it dumps it's only going to be temporary.

If you want to make a quick buck you can try shorting the stock market. If the recession really hits it's going to fall even lower and these things always come like an aftershock of a big event. The economic shutdown was the event, now we're waiting for the shockwave to hit, starting from the poorest countries affected.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
The halving will lead to a rise in bitcoin but might not reach the peak of price that we most expected, main looking at it the year after halving is usually a huge increase in price for bitcoin,  I would not be surprised if such happens again as against next year,  we all saw what happened to Bch halving despite the whole hype it got.
Just please don't compare BCH with BTC. You are saying the halving "will" lead to a rise in price. How come you are so sure that it will cause the price to increase? If you are comparing it with the previous halving, then you probably are wrong. Look at the current situation. Lot of unexpected events are taking place and more are going to come. Look at the current economy. I doubt the price is going to increase, but who knows.
hero member
Activity: 2086
Merit: 994
Cats on Mars
I expect:
*Dissapointment, FUD, weak hands panic, sell-off, some turds spam the network to futher spread bearish sentiment, we touch the bottom, cheap coins, bulls return, bears BTFO, and then moon*
This could very well happen over the next 6-8 months. Source: trust me, bruh.

On a serious note, forget the halving...If by some miracle the global economy begins the recovery phase this very same year, expect BTC price to skyrocket like never before, tons of money waiting to enter crypto ecosystem, retail and big time investors are impatient.
sr. member
Activity: 1344
Merit: 288
The halving will lead to a rise in bitcoin but might not reach the peak of price that we most expected, main looking at it the year after halving is usually a huge increase in price for bitcoin,  I would not be surprised if such happens again as against next year,  we all saw what happened to Bch halving despite the whole hype it got.
sr. member
Activity: 1036
Merit: 275
Yeah, the anticipated Bitcoin halving is hear upon us and I know everybody is anticipating huge gains but honestly speaking I don't think it the price of bitcoin will increase like it did back in the days. At least during those days economic production had not been slowed as things are now at the moment because of the spread of the virus. hopefully, our scientists will find a cure so that things can go back to normal.
legendary
Activity: 1134
Merit: 1599
Nothing. I expect nothing, honestly.

If I remember correctly, 2016's halving had just a little volatility followed up by nothing much. The real change will be seen 6-12 months post halving imo.

I don't know, just think about it logically - on halving day, will you move funds to buy/sell or just wait and see the block countdown to halving go to 0? I'm in the latter boat and I believe most are..
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
It seems like there is nothing special in handling this year because co-19 is the problem. If this pandemic does not occur, I think many people will expect halving this year.
Of course with halving that will occur in 26 days there must be a fairly stable market movement.
Well I think of the opposite mate, covid-19 surely brought a destruction to every market and caused a massive declines (not for chinese market) but I think there would be some bright places, limited bright places in the market that will make you gain unexpectedly. Pandemic is a problem, however the resistance from whales are stronger that the effect could not reach the worst of the scenario. 26 days are left for us to invest as much as we want, and I'll stick to the pattern, Bitcoin will soar this year if not $20,000 like ath maybe just a bit lower.

Pompaan definitely happen but (predictions) I will not penetrate the price of 10k.

Because currently it is an economic problem, halving may not be the main concern.

We already reached the $10K this year, In fact the covid-19 is already present at that time in China and several cases around the world so I guess it would not be a problem at all.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
It seems like there is nothing special in handling this year because co-19 is the problem. If this pandemic does not occur, I think many people will expect halving this year.
Of course with halving that will occur in 26 days there must be a fairly stable market movement.
Pompaan definitely happen but (predictions) I will not penetrate the price of 10k.

Because currently it is an economic problem, halving may not be the main concern.
legendary
Activity: 2520
Merit: 1496
Frankly speaking I expect nothing. Recently there were halvings of two bitcoin forks - price did not actually change, just made +5% and now the price is back to what it was before halving. Plus worlds economy is so much down, that it is not ready for big growth.
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?
First of all, are we sure that halving's in 26 days? I mean, I know it says so on countdowns on websites but I guess it's an estimation which might be a little off. But in any case, halving will happen somewhere in May which is quite soon. So what happens to the hashrate? I don't think the drop will be dramatic, and even if it happens, it's just a temporary thing. Speaking of the price, I'd refer to Antonopoulos who expects 'nothing much' to happen with the price. It makes sense to me, but if many people expect it to rise (and I guess it's the case), the price might indeed go up due to FOMO.
No it isnt in exactly 26 days, more like 25-28 days, depends on the blocktimes. But we know its at block 630`000
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
My (largely unfounded) prediction is an anti-climax and some disappointed speculators who got their hopes up too soon.  No major moves in either direction in the short term. 

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