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Topic: A month after Bitcoin Halving. What's next? (Read 738 times)

member
Activity: 1358
Merit: 10
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Honestly, I was not expecting too much with current halving due to the factor that the current halving that recently happened is different with the recent halving, currently, the global economy has been hit hard with the pandemic and this surely had an effect with the market demand one way or another. However, it is too early to speculate since the halving just occurred recently and not to remove the fact that the market is full of surprises. Let's just be patient and see what will happen this year or if the parabolic cycle will occur.
Yes, brother you are right. The whole world is in turmoil today due to the outbreak of the Covid-19 virus; There is a huge loss of human life and property. Its impact is felt at all levels of society. Bitcoin is not out of it. Let's all be patient without panic at this moment. Hopefully in the near future the morning light will come.
hero member
Activity: 2212
Merit: 805
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On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?
Most of these overhyped events don’t really do anything lol  Grin.
The price of bitcoin reach a high price and possibly another ATH price, but it’s not going to happen just some people hyping it are saying it would. It takes time. Even the last two halving, we didn’t get a huge uptrend a minute after those halving events took place.
~Snipped~  ✂

You got it. I wasn't expecting Bitcoin's price to magically skyrocket on the eve or immediately after the halving. I know of lot of people who started buying Bitcoin before the D-day just because they heard Bitcoin's price would rise, thanks to the halving. But then, things aren't always as they seem. I mean, even after the halving in 2016, the price didn't surge until late 2017 / early 2018.


After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving

That's true. Although, storing one's assets (Btc, altcoins etc) on exchanges is recommended not recommended since exchanges are prone to hack and breaching attacks as we've seen in the past.
legendary
Activity: 3122
Merit: 1140
I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.

from my 3 years of Bitcoin experience, I can say that you can only predict but nothing can be surely said in Bitcoin. because anything can be happened at any time in BTC market. if you are enough skilled about trading signals and indicator then your predictions may be matched, but no one can identify surly the pumping or dumping moment, but I hope in this year we may see a massive increase in BTC market. I think if we able to recover out of from coronavirus pandemic then we may see another ATH in this year.
We are all hoping for an increase but it would be preferable if it would be a on a gradual pace rather than on shorter spikes.Nothing can
predict out on what would happen ahead even people do really hope and anticipate that much towards each halving effects but the
market shows that theres no event can assure that would really have that kind of effect afterwards.

After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving
In talks of storage then exchange wallet is never been suggested.Always make use of non-custodial ones.
hero member
Activity: 2002
Merit: 535
After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do.
Lets be clear, if there is adoption by big ecommerce companies then we can assume that people will be aware of the cryptocurrency concept but we are 10 years from the inception of bitcoin and anyone who invest in any financial sector are aware of the market and with that into account any adoption by giant companies will not make any major changes.

lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.
We crossed that phase about the popularity. Everyone knows about bitcoin but what makes them want to invest in them in the changing factor, i am waiting for more development in scaling rather than looking for improvement in price as if there is a massive scaling solution then the price would grow naturally.
newbie
Activity: 12
Merit: 0
After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.

from my 3 years of Bitcoin experience, I can say that you can only predict but nothing can be surely said in Bitcoin. because anything can be happened at any time in BTC market. if you are enough skilled about trading signals and indicator then your predictions may be matched, but no one can identify surly the pumping or dumping moment, but I hope in this year we may see a massive increase in BTC market. I think if we able to recover out of from coronavirus pandemic then we may see another ATH in this year.
legendary
Activity: 1848
Merit: 1982
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I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.
newbie
Activity: 2
Merit: 0
I work for blockloan.org.  I would be interested in insight on this change.

Thank you,
 
Mira
full member
Activity: 1470
Merit: 148
You should not be expecting bitcoin to soar high a month after just a month post halving, expect a huge movement towards the end of the year or probably next year, according to previous history, bitcoin moon during those period and its much expected also to repeat itself after this year halving

The expectation of many bitcoin holders was very high during the bitcoin halve and by this time might be disappointed. We should not always see bitcoin as a means of making a quick money through the Internet, rather we should see it as a means of freedom from the oppressors. Bitcoin doesn't respect anyone opinion in it but always do what it tend to do without a second party. Though the expectations of the holders might see less but there is light after the tunnel for strong hands that can hold. 
legendary
Activity: 3514
Merit: 1280
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The halving is good but it's not going to help if world economy enters a new great depression

A new great depression is not very probable with today's economic paradigm

As such, the real Great Depression which started in 1929 was only "the cherry on the cake" if I may say so. Before that, there were a number of minor "depressions", and the main reason behind all of them was the gold standard and paper money redeemable for a set amount of physical gold

I know this may look like a paradise for quite a few in crypto circles, but in real life, however, it turned out to be hell, over and over again. The point is that a new depression is unlikely as the government can easily print its way out of it. There are a lot of issues with fiat money (mostly coming from its abuse and misuse), but depression is not one of them
legendary
Activity: 3486
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After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do. lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.
The next halving event is still very long and before that happens at least with the turn of the year it will always be another big event, because even every speculator will definitely involve the end of the year as the main topic about a possible bull run, as well as at the end of this year at least it will be another sign whether 2021 will be a cryptocurrency season or maybe it's just recovery as usual we still can't be sure.
hero member
Activity: 2338
Merit: 757
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The halving is good but it's not going to help if world economy enters a new great depression.
Good in terms of what? How can you define the halving by "good" or "bad"? It's a basic element in the bitcoin mining and users have in minds that it goes to occur every few years. If i ask one of those mining pool who shut down after the halving, they will surely say that Halving is not good which is a false statement.
In my opinion, nothing would happen except for price bump that everybody is waiting for even before the recent halving and we may say more shutting down mining pools if the price goes down instead of rising.
hero member
Activity: 2184
Merit: 531
What's next?

Maybe we will wait and see if the experts prediction are correct, some expert said that 2021 is going to be a good year and bitcoin will reached a new milestone of success which is breaking its ATH. Currently, it seems like the market is just normal, nothing special has been happening yet, it's still the old bitcoin that is volatile that we are seeing now, it just moving sideways.

I heard that before. This year is bad but the next is going to be better Cheesy they said that in 2018 and 2019.

The market is not normal because we had a big drop in stocks because of the coronavirus restrictions. People were unable to travel and many businesses went bankrupt and Bitcoin's price is reflecting that since May.

The halving is good but it's not going to help if world economy enters a new great depression.
full member
Activity: 1162
Merit: 168
On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?
Most of these overhyped events don’t really do anything lol  Grin.
The price of bitcoin reach a high price and possibly another ATH price, but it’s not going to happen just some people hyping it are saying it would. It takes time. Even the last two halving, we didn’t get a huge uptrend a minute after those halving events took place.

If I am right, we had to chill for a long time before we got huge uptrends, and this one is not anything different, might take a year before we start seeing a huge uptrend. It’s just like how they were hyping a lot of things in the past and after those things came we didn’t see any slight change.
hero member
Activity: 2268
Merit: 588
You own the pen
After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do. lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
You should not be expecting bitcoin to soar high a month after just a month post halving, expect a huge movement towards the end of the year or probably next year, according to previous history, bitcoin moon during those period and its much expected also to repeat itself after this year halving

Yeah, and I think we are seeing it now! Simply not dumping the price of bitcoin is really a good sign that we can expect the pump through the following months. Bitcoin halving history chart shows the exact scenario on what's happening right now  Grin So now we are just going to play the waiting game  Wink Let's hold the bitcoin or even buy more and let's ride the upcoming pump  Grin
Leo
member
Activity: 620
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You should not be expecting bitcoin to soar high a month after just a month post halving, expect a huge movement towards the end of the year or probably next year, according to previous history, bitcoin moon during those period and its much expected also to repeat itself after this year halving
sr. member
Activity: 980
Merit: 260
Honestly, I was not expecting too much with current halving due to the factor that the current halving that recently happened is different with the recent halving, currently, the global economy has been hit hard with the pandemic and this surely had an effect with the market demand one way or another. However, it is too early to speculate since the halving just occurred recently and not to remove the fact that the market is full of surprises. Let's just be patient and see what will happen this year or if the parabolic cycle will occur.

Yh, same here, despite the halving of BTC the market hasn't flourished yet and I believe this is due to the effects caused by the pandemic. People don't feel that confident to invest in crypto and what's worse is that investors risk has already been tried out by the dump of the stock market so there might well be that crypto would start growing and get momentum at a similar time as the rest of the markets, following recovery from this pre-recession.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
"The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

It does not stop after the halving moment because bitcoin still search for the stable price which we see that bitcoin stay at $9k-$10k. But unfortunately, we are now still below $10k, but sooner or later, the price will be back to $10k, and even the price will slowly or faster to increase and break the higher rate. I don't know about the events, but I believe that the bitcoin price will be more than $20k at the end of the year or next year.
hero member
Activity: 3206
Merit: 940
On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

Do we have to rely on such "events" for pumping the Bitcoin price?
The BTC halving was overrated and over-hyped as the "major crypto event of 2020".
The Bitcoin halving is in the past,nothing sensational or spectacular happened on the Bitcoin markets.
Do we have to anticipate some "major event" to build up some hype around Bitcoin again?
I prefer slow and steady Bitcoin adoption and slow and consistent Bitcoin price increase(which isn't happening),rather than waiting for Bitcoin related "events"....
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