Topic: Are you ready for the Halving ??? Not that Halving, the PRICE Halving of Bitcoin - page 2. (Read 758 times)

Very often on the forum, some users deny the possibility of Bitcoin to increase its value after the upcoming halving.  But I believe that the clear evidence to the contrary is the previous halving of 2013 and 2016.  Especially in 2016 after halving, Bitcoin began to actively raise its value, and in 2017 it simply exploded with an active run up.

Exactly! This price declination is blessing to everyone, and I don't agree with OP's narrative about "Bitcoin as safe heaven is falling apart". No, Bitcoin is just having a normal movement, because cryptocurrency has no specific range of it's volatility.
When everything recovers from this health and economic crisis, we will surely see a very profitable figure in any market when you're invested in this current market situation. And, that Bitcoin price you mentioned is a realistic range.

Sometimes crises happen in every sphere. The crypto market isn't resistant to downsides, but this fact doesn't mean that Bitcoin lost its safe haven status. Bitcoin is volatile, anyway it is a safe haven in a long term.

I'm totally ready for the halving. Even getting more coins every time we dip below 6000 dollars.
Most likely the target is 15 thousand by the end of the year. Very probable that we'll hit 20 thousand again in 2021 due to US crazy money printing.


Even a halwit can see that you are a troll. Probably even an alt of OP. Shame on you.

BITCOIN AS DIGITAL GOLD Campaign is well known, and a lot of money was put into this false narrative to try to pump up the price of BitCoin...  It came from the Grayscale BitCoin Trust, Read the article below..  If you doubt that, all you have to do is GOOGLE IT and you can read about it from 1000 different sources  

https://cointelegraph.com/news/oops-gbtc-drop-gold-campaign-perfectly-called-gold-price-bottom

Hard Facts

Mate, the only true safe haven has been gold and it’s always remained that. And gold has been able to maintain its price at this time more than most of the other stocks and assets. Bitcoin is good, but I don’t know where the idea that Bitcoin is a safe haven came from, I don’t know who started such thing and made people to believe that.

How can you be expecting a market that is highly volatile to remain stable at this time or maybe you thought that the price of Bitcoin will keep going up at this point of time? This is a kind of situation is the type that creates panic, and there are lots of things that have been happening around Bitcoin , someone claimed that it might be as a result of the quantum computing announcement, though I don’t really believe that.

Truth Passes Through Three Stages: First, It Is Ridiculed. Second, It Is Violently Opposed. Third, It Is Accepted As Self-Evident

German philosopher Arthur Schopenhauer

I've read a lot of batsh!t insane and absolutely delusional posts here, but his arent one of those.

We know you are called HardFacts, but you don't have to be hard on yourself. We know you lost a significant amount of money that you really need because of Bitcoin, but you don't have to take this really hard. Just relax for a bit to cool yourself away from cryptocurrency. Maybe hold or something? if you already sold your Bitcoin at a low price, then make a hobby or something. Maybe that will release your anger elsewhere instead of releasing it here in the forum which will only make you angry even more.

Let's just understand hardFacts guys.  

HOW UTTERLY STUPID and INTELLECTUALLY DISHONEST

The fact that you think I could have any significant effect on the price of Bitcoin tells me you have no grip on reality    If I had that kind of power, I would be manipulating markets and making hundreds of millions of dollars, not posting here.

I NEVER said BitCoin is going to " die now " ...  That is a very common tactic for a dishonest person that has no facts to present, so you resort to:   Attribute a totally false and ridiculous statement to me, then easily discredit the " LIE " you just invented.  

There are some people and opinions that I respect here, even though I disagree with them.  But this post is one of the worst I have seen.

FOR THE RECORD:  I am talking about BitCoins big drop in reaction to its first economic crisis, it should worry everyone here.  As economic crisis will be the new reality for a very long time to come.

Hard Facts

Regardless, you are saying that bitcoin's going to die now amidst a pandemic and an economic crisis where most stocks have gone down. So are you saying that those are also living inside their economic bubbles and are just hoping not to get struck by a dump? Because I have seen even greater assets than bitcoin dropping in value right now and I don't see them saying that their stocks are to die soon. It's almost obvious that you're spreading FUD here to trick people into dumping so you can hog as many bitcoin as you can before the halving comes in. Good luck to you on that.

That is a bit of a Bounce, but assets generally do not go up or down in a straight line...  Given BitCoins initial reactions, I would not trust this " BULL TRAP ".... 

PETER SCHIFF is one of the smartest economists on the planet and has a record of being right that is nothing short of incredible.  EVERYTHING that is happening in the economy now is exactly as he predicted, and people were laughing at him just last year.  Just as they laughed at him in 2006 just before the housing bubble crash.   I have to agree with Peter Schiff on BitCoin, it is a bubble.   I personally would not buy this rally.

Everyone invest their money as they think best, and we will see who was right, PETER SCHIFF or the cult like " believers " 

Hard Facts

he could of tried to push prices down and purchased when we dropped under 4000

Seeing this hard fact,

what does the OP think? Most of the OP's responses to the members above are always contradictory, we should realize that the crypto world is a unique niche with extreme changes, so don't easily draw conclusions that the BTC bubble, btc scam, btc die, etc. just because of the fact of falling prices at the time narrow. Seeing a lot of negative responses, has the OP ever experienced bad things when investing or trading with BTC or another altcoin?

Op  is pretty clue less as to what will happen with btc.

The billionaire club has about 2100 people

2100 x 1,000,000,000 =  2,100,000,000,000  that is 2 trillion dollars but the average billionaire is worth about 7 not 1  so  14,000,000,000,000 in the hands of 2100 people.

WHAT happened was a worldwide disaster.  Those super rich people shifted and moved wealth all over the last 20 days.

They now sit back not fearing all their money is at risk what do they do with money they turned into the safety of cash.  They look for places to move the money.

and BTC looks really good compare to shares of stock in

the hotel business
the oil business
the airline business

all those companies are looking at 6 to 9 terrible months of profit.

yeah  the ventilator builders looking good. but not too much stock available as the companies are not huge.

Hmm what about bitcoin  lets see  don't need a lot of workers.  can mine in an empty warehouse .  maybe  it is safe place to put in some coin.

as I type back over 6200.  10 k coming soon as people realize it is an industry that  : can  self isolate baby.

Look for a  huge monster god like amazing POW coin rally for the next 4 to 6 months.  Funds will shift to   btc and other mineable coins bigly and the op will look like he was a fuddy
duddy troll.

All time high by dec 1!!

I dont think OP knows how the economic system works in these kind of situations..


widespread panic causing fonds and people to sell out of their assets in order to accumulate cash as a social-security. Industrial companies to temporary, if not fully to shut down as the world is'nt running on a functional level.

How would this situation benefit any value storage at all??


Bitcoin is nowhere near crashing.. it simply dropped a few more %'s, since its total market value is way lower than other markets.

Say i didn't say so.... Oh wait, i did:


China is awakening from its slumber, and the market is very cheap, for them to buy because "communist" China has one of the largest population of "billionaires" in the world (ie. Lots of Jihan Wu(s), Changpeng Zhao(s) and the like. I seem to remember reading there is like a million of them, making China the largest market of rich people in the world (yes, the wealth is very uneven there, having the largest population).

And they with all that money lying around finding some opportunity to make more... See the world stock market "in recession". And cheap bitcoin, and even cheap precious metals...

I wouldn't be surprised if it does reach 10k, but even 7.5k+ is fine. If it goes past 15k it should "correct" later. We will see how bitcoin performs on its own.

Last week, the price of bitcoin has almost stabilized at the level of 5100-5200 dollars. It started that people have already made their necessary purchases and are ready for quarantine caused by the spread of coronavirus. Today, we are seeing a good increase in the price of bitcoin by 14 percent - up to $ 5929. The price of ethereum also increased - up to $ 129 and the entire cryptocurrency market. Apparently, this is due to good news from the USA and Italy about testing a vaccine against this virus and the absence of new coronavirus cases in China today. As soon as coronavirus spreads, the cryptocurrency market will continue to grow and Bitcoin will again quickly overcome the price of $ 10,000 and go up further.

Well time and again bitcoins have proven to be extremely volatile , increasing *10 times over night and sometimes decreasing till an unexpected extent in a matter of seconds .
Therefore I do think Halving will for sure happen, because people are now selling bitcoins to stock up for the groceries and at the same time they are doing their bit to make sure they have money for the quarantine .
So I do think holding is only for rich people right now .
Therefore people are using bitcoins that's good .

Stocks are still in bubble territory and still MASSIVELY OVERVALUED.   Personally I would not put one cent into the stock market now.  

NOTHING goes up or down in a straight line, some of the biggest rallies occur in market crashes.

Look at the world two weeks ago, and then look at where we are now, would you have predicted this  Given what is going on, do you expect things to suddenly get BETTER   REALLY

Do not " hope " or " wish ", look at reality and THINK...

Hard Facts