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Topic: Bitcoin 2020 Halving (Read 886 times)

legendary
Activity: 1442
Merit: 1025
March 14, 2019, 02:54:37 PM
#94
I still wonder how the difficulty will be like, I know it will affect the miners in a bad way and that is why the price should go up but the idea that price should go up because of the difficulty increase isn't really that logical.

I mean think about it if you have 1 difficulty and mine 1 bitcoin when difficulty increases to 2 (I know its not difficulty that is increasing its rewards halving) and mine 0.5 than there is no point of keep mining so people will leave which will make difficulty drop again. So, all in all I feel like when halving happens and miners make less money some of them will leave and when they leave difficulty will drop and when difficulty drops the amount of money you make could stay same or not change at all.

Instead of mining 2 and getting 1 you will mine 1 and get 0.5 which if you double is the same. I think all this comes down to how many miners will leave when halving happens, if not many than yeah price could increase but if many leaves than price could stay same.
member
Activity: 322
Merit: 12
March 14, 2019, 12:59:43 PM
#93
yes I think its going to affect the price and it will go up if not the mining will not be profitable
full member
Activity: 490
Merit: 134
March 14, 2019, 12:09:05 PM
#92
Halving - is a very good reason for bitcoin to increase its value. I am sure that a few months before the onset of this event, the price of Bitcoin will begin to grow. I'm not sure that by the time the halving comes, the price will again reach 20,000, but I thing it's possible.

Halving is very unpredictable event. We see that in past we have gathering and pumping for the higher possible price many sell other try to buy. This is cycle that been here from begging and it will be for the long time. So possible that you are right and that starting price could be that but if somehow dont happen this and price remain calm and after few month price go boom.
legendary
Activity: 1946
Merit: 1137
March 14, 2019, 07:58:23 AM
#91
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.
Of course, when demand rises again the effect will be far greater than last year, with the same conditions as in 2017, maybe we will
get a new ATH, lets buying before that time comes, and keep believing Smiley

the halving and its hype is such a bizarre and unpredictable event because it is "hype" so before halving either we are already close to ATH which means we can see a new ATH or we are far from it which means we only see a small bubble which will burst right after the halving and then we pick up rising from there like last time.
sr. member
Activity: 1162
Merit: 251
March 14, 2019, 04:06:40 AM
#90
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.
Of course, when demand rises again the effect will be far greater than last year, with the same conditions as in 2017, maybe we will
get a new ATH, lets buying before that time comes, and keep believing Smiley
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
March 13, 2019, 09:59:29 PM
#89
I expect people to be selfish with their bitcoin when halving is set to take place, this will naturally lead to jealous hoarding of the precious digital gold from the current 12.5BTC per block reward to 6.25btc block reward. Although, we still need some good inflow of liquid (money) to the general coinmarket to see a significant bull run. For the guys that have been shouting "death to bitcoin", I just hope they won't take a gun and injure themselves for missing a golden opportunity!
I have almost gone crazy because I don't have more money to accumulate more bitcoin as early preparation for the coming halving in the mid of 2020.
Having more than one year from now till the halving timepoint, so bitcoin will likely not grow soon.
Anyway, it is always better if I can have free money to accumulate at such bottom-price-range, that has not lasted for too long.
Bitcoin won't rise immediately, but it is hard or almost unrealistic to see it stays at such the current very cheap price.
hero member
Activity: 1082
Merit: 502
March 13, 2019, 05:42:20 PM
#88
Halving - is a very good reason for bitcoin to increase its value. I am sure that a few months before the onset of this event, the price of Bitcoin will begin to grow. I'm not sure that by the time the halving comes, the price will again reach 20,000, but I thing it's possible.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 12, 2019, 04:23:12 PM
#87
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
The last time we went through the halving not much happened at first but then after a few months we began to see the price slowly growing, this is because while both supply and demand affect the market they do not do it in the same way, a spike in the demand will make the price to go up immediately but a reduction in the supply is not felt in the market that quickly so prices tend to move more slowly, so I have the tendency to think the same will happen the next time the block reward is halved.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
March 12, 2019, 01:38:08 PM
#86
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
March 12, 2019, 10:55:15 AM
#85
Once after the previous price peaking on 2017, people expect more growth to happen further. To the expectation there isn't any big price increase, and later the expectation turned towards halving. This is the factor that 2020 halving is under big speculation. The past halving made a big change in the market, expect the same to happen around the days of halving.
sr. member
Activity: 980
Merit: 253
March 11, 2019, 06:55:03 PM
#84
I think this whole idea of bitcoin having and price rise is just a speculation that can turn the other way round. We all think block reward will reduce which means miners won't have a lot of bitcoins to sell for their bills and the likes. We should also factor exchange owners who whole a substantial amount of btc and other alts as trading fees. If miners get few bitcoins and exchange owners don't control the way they sell their profits, the halving will be nothing to the price of BTC. In addition, it isn't only these factors that affect BTC's price so we can't just focus on one thing and expect a massive effect on BTC's price.
hero member
Activity: 1694
Merit: 502
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March 11, 2019, 04:23:05 PM
#83
Once the halving happens in the 2020. They have possible two happens to the bitcoin but mostly the what we want is of course is to increase the price of the bitcoin after halving.  The other one that we don't want to happen to the market is to decrease again. The affecr of halving is possible to experienced before,  during and after halving That'd I noticed in the last few halving happened.
We want rise, we have some bitcoins, we have many altcoins, but we know when bitcoin price rise other altcoins will increase their prices too. What we want and why we want it is one thing, economy is something different. There are some laws and rules and by that when you cut supply and have at least the same demand, and demand can rise too, price will go higher too. That is written here many times by now, I learned that too. I think price will increase after halving, maybe not right away after it, but eventually it will go up, laws of supply and demand, I count on it more than on our wishes.
sr. member
Activity: 1274
Merit: 263
March 11, 2019, 10:54:38 AM
#82
Once the halving happens in the 2020. They have possible two happens to the bitcoin but mostly the what we want is of course is to increase the price of the bitcoin after halving.  The other one that we don't want to happen to the market is to decrease again. The affecr of halving is possible to experienced before,  during and after halving That'd I noticed in the last few halving happened.
member
Activity: 980
Merit: 62
March 11, 2019, 05:31:26 AM
#81
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

The effects of the bitcoin halving will be visible 1 year (at least) after the occurance of halving. The individual miners cannot make an impact on the price. If something will happen in the price will happen due to businesses that are active in mining. These actors have the volume not the individual miners who mine 1 bitcoin every 5 months.

I think that in 2020 nothing is going to happen due to halving. I expect a price increase during 2021.
legendary
Activity: 1652
Merit: 1265
March 11, 2019, 04:16:20 AM
#80
Another halving thread.

Well the last halvings all had no impact on the price....
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 11, 2019, 03:55:53 AM
#79
You've to understand how other bitcoin and crypto work, they're very volatile currencies and their values can fluctuate at any time, usually in very extreme ways both high and low. Once again I emphasize, bitcoin's not an instance method to cultivate your wealth because the price of bitcoin cannot be controlled by yourself as you wish, except if you're a Big Whales. As an ordinary user, you should make it a habit to be patient because that's the only way to succeed and if you are still able to buy, maybe you should make a purchase!, because by making a purchase means that you've contributed to the growth in the price of bitcoin.

you are misunderstanding a bunch of stuff here.
first of all bitcoin is not the same as other altcoins so you can't talk about them as if they are the same. bitcoin's volatility is not due to manipulation, at least not all of it. but altcoins volatility is 99% because of pure manipulation.
secondly you don't need to control the price to make an investment in something! that is ridiculous assumption that you need to be a whale and control the price to invest in something...
the only thing you need to look for is real potential and if it exists then you are good to go.
full member
Activity: 602
Merit: 118
March 10, 2019, 06:58:09 PM
#78
Or maybe nothing significant happens...
It's very unusual scenario if nothing happens, check all those times when halving occurred. Few times it happened and look at the significant effect that it made.

Bitcoin always increases its price due to that and by 2020, same impact is likely to happen. And if the current trend that we are experiencing now is the sign of it, without a doubt that price will increase after that.


Around the days of halving price increase have taken place. During the last halving there isn't any price increase by the particular date.. There was decline in the price which showed good forward price pumping after few weeks. The same too is also termed to be the very initial growth point to reach the ath of bitcoin. This time too we can expect similar growth patterns by those days.
The price increase effect occurred after the halving if you can remember that moment. It was 2016 and the vast effect occurred late 2017 and I think that halving has contributed to the process until it has reached the peak.

Expected increase and growth for the market will come but as we have said, to those that have been rushing for that increase. We can't say if the effect would take immediately or after the halving.

Oh i see ,  so you are saying that after the 2020 halving the price wont increase instantly ?  But the growth will only take place after 1 year ?   2021 to be exact   .  thats too far away and i cant wait  for that too long because im not an patient person  .  i guess ill still continue to sell my coins  . i will only hodl them when we are close to that said year  .

You've to understand how other bitcoin and crypto work, they're very volatile currencies and their values can fluctuate at any time, usually in very extreme ways both high and low. Once again I emphasize, bitcoin's not an instance method to cultivate your wealth because the price of bitcoin cannot be controlled by yourself as you wish, except if you're a Big Whales. As an ordinary user, you should make it a habit to be patient because that's the only way to succeed and if you are still able to buy, maybe you should make a purchase!, because by making a purchase means that you've contributed to the growth in the price of bitcoin.
full member
Activity: 2086
Merit: 193
March 10, 2019, 06:15:10 PM
#77
The upcoming halving of the reward should greatly increase the price. I do not think that this will happen exactly in 2020, I think that a gradual increase in the cost of Bitcoin should start about half a year before the onset of this event and maybe even much earlier.
I don’t want to expect much from this but I’m slowly buying more bitcoin because of this rumor. I know bitcoin will increase more on time, but I don’t know when so even if there’s a halving like this is still not sure that the price will be high on 2020.
hero member
Activity: 3038
Merit: 634
March 10, 2019, 05:14:14 PM
#76
-snip-

Oh i see ,  so you are saying that after the 2020 halving the price wont increase instantly ?  But the growth will only take place after 1 year ?   2021 to be exact   .  thats too far away and i cant wait  for that too long because im not an patient person  .  i guess ill still continue to sell my coins  . i will only hodl them when we are close to that said year  .
Bitcoin won't care if you are a very impatient person. That was from my observation which I've read from others too. You can also take time to check those dates after the halving last 2016 and see the effect of it.

You're going to sell your coins and hold it when we are close to that year? this isn't a financial advise and you have the decision on whether to hold or not. It's up to you on how you are looking at the market, you can take these words as suggestions/opinions.
hero member
Activity: 1067
Merit: 501
March 10, 2019, 12:08:53 PM
#75
85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Looking at Bitcoin price charts in the past, we should expect a very large price increase and a new ATH in a few months after halving.  However, the crypto market is still developing and we can not be sure that there will be a newer technology that will dominate the market and destroy Bitcoin.
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