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Topic: All-Time-High will happen again after Bitcoin Halving on 2020? (Read 815 times)

legendary
Activity: 3052
Merit: 1273
This data is irrelevant at the moment, if you look closely, you will realize that there is a great pressure from governments and banks and this is not creating much demand like in years past, on the contrary, these governments pressure is driving people to get out

--snip--

and we have more cases of scam that are causing people to stop trusting cryptos

This has now become a fight between slavery (that Governments are trying to impose by showing their power) and our freedom and democracy as well as anonymity that we want to maintain in our finances. It's true that they might be in trouble if people stop paying taxes for their country, but the thing here is, we want a few strict regulative norms that need to be followed by their citizens to remain under the law and do every legally, but then, it will completely isolate the purpose of using crypto, i.e.; anonymity.


Quote
I believe we will see the price of  $25000 only if some ETF is approved or if BAKKT or some other big project succeeds


I've read somewhere on this forum only (don't remember exactly on which thread) that every country has its own SEC and it depends on whether they approve for such ETFs to be traded at their place or not, so having just one country/continent support crypto won't be enough to cope up with the tight strain that's chopping the hell outta people.
legendary
Activity: 2954
Merit: 1153
What's your insights? Is it possible?

- First Bitcoin halving happened in November 28, 2012
- Price spike to over $1k USD a year after around December 2013

- Second Bitcoin halving happened in July 9, 2016
- Price spike to over $19k USD around December 2017

-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?

Well there is a saying that history repeats itself, so there is a great possibility that ATH will happen on the next halving breaking the previous ATH of Bitcoin.  But I believe the current ATH will be broken next year with BAKKT and ETF knocking at the door.  Big players had joined the run and they are silently accumulating Bitcoin on the current bear market.  It is just a matter of time when they decided to  release the raging Bull Smiley
full member
Activity: 574
Merit: 100
Bitcoin prices can reach very high prices when halving as in some time ago maybe because bitcoin increases the difficulty of mining and makes bitcoin difficult to get again and makes the supply of bitcoin run out.
hero member
Activity: 1666
Merit: 753
What's your insights? Is it possible?

- First Bitcoin halving happened in November 28, 2012
- Price spike to over $1k USD a year after around December 2013

- Second Bitcoin halving happened in July 9, 2016
- Price spike to over $19k USD around December 2017

-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?

It's very possible.

It's obvious to me that bitcoin prices would return to a bullish market come 2020 due to the halving. As bitcoins get scarcer to mine, their value has historically appreciated both because of this increased scarcity as well as the fact that markets are psychologically wired to react to news of block halvings in the past.

Whether or not there would be an all time high is unknown at this stage simply because of the size of last year's pumps, but I'd say that it's probable due to all of the new institutions that are becoming invested within bitcoin. Regardless of whether it happens, the prices right now imo are extremely cheap and should be taken advantage of through dollar cost average buying.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook

-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?
Possible, but who knows if it would reach new ATH or would just still remain lower on its previous ath and decide to stay up into these levels.
If we do presume on what do happen on past Halving we can really picture out on the possibility to happen would really be high. Its normal
to think that block rewards do half which means difficulty on mining would really be hard so supply decreases.If demand would sore out then
expected for new ATH.
copper member
Activity: 364
Merit: 4
2021 is a long time to wait for the ATH. There will probably be a pump to 30k next year and then in 2021 it will be pushing towards 100k like many experts predicted
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I don't think we should get too comfortable with the effects of something that's only happened twice before. It's possible wider economic turmoil may stymie potential bullishness.

And then there's this - https://bitcointalksearch.org/topic/m.46844157 

Halvings will become less significant as supply of new coins starts to wither. There may only be a handful more that have a detectable effect. After that it's negligible.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
- First Bitcoin halving happened in November 28, 2012
- Price spike to over $1k USD a year after around December 2013

- Second Bitcoin halving happened in July 9, 2016
- Price spike to over $19k USD around December 2017

This data is irrelevant at the moment, if you look closely, you will realize that there is a great pressure from governments and banks and this is not creating much demand like in years past, on the contrary, these governments pressure is driving people to get out

Taiwan’s Legislature Amends AML, CFT Laws to Place New Requirements on Crypto Exchanges

SEC Report Notes ‘Dozens’ of Investigations Into ICOs at End of Fiscal Year

Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%

New Zealand’s Financial Authority Blacklists Three Local Crypto Platforms

Brazilian Tax Regulator Publishes Draft on Cryptocurrency Taxation

and we have more cases of scam that are causing people to stop trusting cryptos

US Rapper T.I. Sued for $5 Million After His Token Allegedly Fails

we have many exchanges that do not have licenses and provide very bad services and still promote pump and dump schemes. Yes the past years allowed the price to increase in a few weeks, but today things have changed a lot


-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?

I believe we will see the price of  $25000 only if some ETF is approved or if BAKKT or some other big project succeeds
legendary
Activity: 2730
Merit: 1288
-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?

New ATH is just when Bitcoin goes over old ATH that was around 20k. According to your studies that should happen before the end of 2021.
hero member
Activity: 910
Merit: 509
I think achieving an all-time high is not only depend on such development like halving but also on some positive factors that may cause investors to buy more bitcoins. There are many players in the cryptocurrency market and they only waiting for the right time to pour their funds again on bitcoin. But such "right time" might also take time to happen because certain market conditions are not always favorable on them.
True! Over the years, halving have always brought about a huge increase in the value of bitcoin anyway, but at the same time, the fact that a lot of development would have taken place possibly before then; there is a huge chance that we may be seeing a huge growth over time in the long run.

I am so optimistic for the future and extremely bullish anyway, as I know that we have not even hit the level of a huge adoption yet and pretty much that is something we will get to experience eventually in the long run. With or without halving, the chance of seeing the market grow in value is always there.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
Sure, we have 4 years before the next halving.
legendary
Activity: 1176
Merit: 1016
What's your insights? Is it possible?

- First Bitcoin halving happened in November 28, 2012
- Price spike to over $1k USD a year after around December 2013

- Second Bitcoin halving happened in July 9, 2016
- Price spike to over $19k USD around December 2017

-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?
There is a very strong possibility that we are going to see a bull market by the dates that you are suggesting but like always it is going to be a very difficult path, the progress is not going to be linear and it is likely we will have huge corrections along the way that many people will think are going to become crashes so like always only those that can hold their coins will get good profits out of this.
Like they always say, even though we cannot actually use the past to judge what we have in the future, based on some fundamentals, history will always have a way of repeating itself, which in this case, we understand that halving has always been an element of seeing some level of growth in the space before the halving occurs.

However, whether halving or not, I really want to see the market grow to an extent where it becomes usable and not just speculative, as this is when we only get to experience a sustainable value and not just some huge spike and drop in price.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
What's your insights? Is it possible?

- First Bitcoin halving happened in November 28, 2012
- Price spike to over $1k USD a year after around December 2013

- Second Bitcoin halving happened in July 9, 2016
- Price spike to over $19k USD around December 2017

-Third Bitcoin halving is expected to happen around May 2020
- New ATH on Q4 2021 to January 2022?
There is a very strong possibility that we are going to see a bull market by the dates that you are suggesting but like always it is going to be a very difficult path, the progress is not going to be linear and it is likely we will have huge corrections along the way that many people will think are going to become crashes so like always only those that can hold their coins will get good profits out of this.
member
Activity: 588
Merit: 11
I think achieving an all-time high is not only depend on such development like halving but also on some positive factors that may cause investors to buy more bitcoins. There are many players in the cryptocurrency market and they only waiting for the right time to pour their funds again on bitcoin. But such "right time" might also take time to happen because certain market conditions are not always favorable on them.
legendary
Activity: 1806
Merit: 1521
There could be endless reasons why anyone is buying BTC: general long term investment, strong fundamentals, increasing adoption, economic hedging, cross-border transactions, avoiding censorship, "halving hype" etc. It would be ridiculous to assume at any point that everyone is buying because of the halving. There's literally no evidence for that. It's empty speculation.

The halving is on the back of everyone's mind when they buy bitcoin and it influences their decision one way or another.

No it isn't. Most new investors probably know nothing about halvings. Nobody is breaking down the block subsidy algorithm on CNBC. The focus is on price, not how the underlying technology works. That's why centralized and inflationary altcoins can get pumped so much: most people don't understand or care about decentralization or economic theories. They want to get rich.

My point is that no matter what the halving is a constant bullish pressure.

Yes but it's impossible to quantify against all the other reasons people are buying BTC.
legendary
Activity: 1302
Merit: 1027
Their are chances that history can repeat as OP recorded the last two bull run so this may happen same time or even before halving also as halving will near the difficulty level will go more up and reward will become less. So price should spike.
newbie
Activity: 3
Merit: 1
It's not totally true. Halving affects the miners, not bitcoin prices directly. The profit becomes less, cost goes higher and eventually the price of bitcoin rises also.
newbie
Activity: 3
Merit: 0
Halving doesn't directly influence bitcoin price. But it has everything to do with miners. Since halving means less reward, I think miners will be less attracted to mining. The electricity price keeps rising, and without a price rise in bitcoin, it will be hardly profitable carrying on mining. The mining difficulty has increased over time and there will be left little breathing spaces for the miners. So in a nutshell, scarcity may arise which could lead to a bull run.
newbie
Activity: 3
Merit: 0
I think price spike is not related to bitcoin halving rather it is related to miners. As the miners get half the profit the electricity bill will get overwhelming and eventually they will loose interest. For which a scarcity will began and a bull run will may start.
newbie
Activity: 3
Merit: 0
These ascertained stats are hardly viable. Predictions have not affected Bitcoin in anyway. No one will be more surprised than me if Bitcoin raised to the all tme high in 2020.
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