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Topic: Bitcoin 2020 Halving - page 5. (Read 815 times)

legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
March 05, 2019, 10:23:37 AM
#14
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 same way it affected it in 2017. There will too much interest chasing the few btc. We all know that price reacts upwards whenever demand surpasses supply. It will be nice to experience such scenario once again as it will enable the Altcoins gain momentum too.
legendary
Activity: 3080
Merit: 1353
March 05, 2019, 10:02:21 AM
#13
As far as the last halving is concern, it took months before we can finally see a dramatic turn on the price. So if history repeats itself, we need to wait for at least 4-5 months to see the positive effect on the event. And if everyone is anticipating a sudden bull-run because of the halving, you maybe disappointed. The bull-run if even should happen after the halving, is not going to happen overnight so just remember that.
member
Activity: 843
Merit: 52
March 05, 2019, 10:01:36 AM
#12
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!
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
March 05, 2019, 09:46:07 AM
#11
the effect of halving has always been 2 types which actually happen in two different time frames.

1. the hyped up effect.
this effect is short term and has been big in the past two times  and it occurs before the halving, usually in less than a month to the actual date. and price starts a big rally by then and since this is a hyped up event we will see a mini bubble which bursts and goes away.

2. the actual effects of having less new coins be created
this is the long term effect which starts after the halving, usually a month after the reward was cut in half. and this is the real deal and is much bigger than the previous one and since there is no hype involved anymore the rise is going to be sustainable.
legendary
Activity: 3038
Merit: 1169
March 05, 2019, 09:28:18 AM
#10
That is why in all prediction forecast sites 2020 has the most price increase and I really think the analysis has come up with predicting the price when Halving occur, We can see that many are coming back in bitcoin and because of this event I think some Altcoins will increase or decrease and I think 2020 will be the recovery of bitcoin and all cryptocurrency and can be a way to open up a bull run movement again.
sr. member
Activity: 868
Merit: 257
March 05, 2019, 09:10:02 AM
#9
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?
In the year 2020 will be have another halving for bitcoin which can triggered to increase the price on market. Right now the price of bitcoin are in down situation so we need to be patient and I think we must sell our bitcoin after bitcoin halving that will happen in the year 2020.
newbie
Activity: 1
Merit: 0
March 05, 2019, 08:50:41 AM
#8
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legendary
Activity: 1568
Merit: 1002
March 05, 2019, 08:49:55 AM
#7
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?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.
economics and business indeed lead to supply and demand so that forming a good price, regarding most of the exchange must have its own strategy to deal with the general supply that you say and miners will always be there in every transaction carried out by exchange or personal
sr. member
Activity: 952
Merit: 323
March 05, 2019, 08:41:45 AM
#6
Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
Good explanation aside from that when that time comes next will be the time that all crypto believer awaits for because all of the coins will increase its price not only bitcoin.
The price will rise because of people logical expectations, 2020 is so close this year is time to buy bitcoin. But usually the price will rise before halving happen and people start to sell it again a few days before halving, we should keep an eye on the price chart a week before halving.
sr. member
Activity: 1274
Merit: 278
March 05, 2019, 08:39:57 AM
#5
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?
Actually, it will totally affect it's price and maybe in the before the next halving the demand of bitcoin will might increase so the price will increase as well. All of us are waiting for the halving because it can be the key to spike the price of bitcoin so we just need to wait until 2020.
member
Activity: 364
Merit: 46
March 05, 2019, 08:20:13 AM
#4
Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
Good explanation aside from that when that time comes next will be the time that all crypto believer awaits for because all of the coins will increase its price not only bitcoin.
full member
Activity: 924
Merit: 148
March 05, 2019, 08:19:21 AM
#3
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?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.
legendary
Activity: 2324
Merit: 6006
bitcoindata.science
March 05, 2019, 08:03:08 AM
#2
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?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower
newbie
Activity: 14
Merit: 1
March 05, 2019, 07:36:40 AM
#1
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?
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