A big event indeed which pushed through bitcoins popularity for the last years.
But, there is a bigger picture that is happening outside. The CoronaVirus.
There is still a chance though that those who don't know what bitcoin is or any altcoins will be seen.
Let us make myself as an example. Using internet like 14 hours in seven days and I bet a lot of us are in the same position.
Maybe now is the best out of all. We might not see bitcoin having a large amount of buyer (since people are spending everyday without income) but the fact that they will see it might be a good opportunity for the future.
Topic: Bitcoin Halving 2020 and Altcoins - page 3. (Read 845 times)
I don't want to believe that halving will effect on altcoins rather than bitcoin. Although there wouldn't huge pump due to current epidemic but I am positive with upcoming halving. Most likely we will encounter a good positive movement due to halving. Most peoples are curious about upcoming halving and trying to accumulate some bitcoin. In a short result little uptrend is expected. As we know when bitcoin show positive move some altcoins show positive move as well. We would see just normal positive move for bitcoin during halving just like before, no over pump expected for altcoins. To be honest there was huge potential pump if we weren't encountered global epidemic. But now really very difficult to predict about halving.
Not all altcoins are "waiting" if you ask me, I mean most of them are already building their own systems to go back up as well.
Look at ethereum, they weren't really expecting this corona virus thing, they started working on proof of stake transition before this pandemic started and they will probably continue with it anyway after this as well.
We were expecting 2021 for it anyway so I doubt it would postpone too much, it would probably be just a few months at most and they are probably working at home as well to build a great blockchain for it.
There are other altcoins who are making some changes as well, so all of them are not waiting, some of them do wait but with enough time they would recover anyway even without halving and see halving just as a push towards higher as a help but not a permanent solution.
Look at ethereum, they weren't really expecting this corona virus thing, they started working on proof of stake transition before this pandemic started and they will probably continue with it anyway after this as well.
We were expecting 2021 for it anyway so I doubt it would postpone too much, it would probably be just a few months at most and they are probably working at home as well to build a great blockchain for it.
There are other altcoins who are making some changes as well, so all of them are not waiting, some of them do wait but with enough time they would recover anyway even without halving and see halving just as a push towards higher as a help but not a permanent solution.
Hey members,
Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
Its hard to predict the future movements of bitcoin because of the situation of many markets but if we are going to study the result of previous halving, the price of bitcoin doesn’t pump right away it took a year or so to reach its highest price. There are so many speculation about the halving, a month to go and we will see what’s next for bitcoin. Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
In as much as many have speculated that this halving will pump the price of bitcoin, don't have too much expectation.
Too much expectation have led most cryptocurrency enthusiast into desperation of even borrowing to invest in Bitcoin. Expect the best but at the same time expect the worst.
As for altcoins, I don't think the halving will make much impact if the halving positively affect Bitcoin.
Too much expectation have led most cryptocurrency enthusiast into desperation of even borrowing to invest in Bitcoin. Expect the best but at the same time expect the worst.
As for altcoins, I don't think the halving will make much impact if the halving positively affect Bitcoin.
When Bitcoin and other cryptos make new price discoveries, the same thing as in 2017 is going to happen. People will FOMO in when Bitcoin is making new all-time highs and they realize crypto is not going to zero.
To some, altcoins are quite important because they have invested a lot in them and their value has dropped dramatically over the past 2-3 years. Now many are waiting for BTC halving as the only possible salvage solution and a big pump that will bring big profits for everyone.
It is likely that an increase in the BTC price will result in a price increase of altcoins, but don't bet on it with all you have. Last crypto winter clearly showed us that at least 90% of altcoins are completely worthless, that they have no purpose and that they represent a big investment risk.
Fore those who have hold such coins until now, only good advice is to hold them for future, it may be worth it - but if you have a plan to buy some cheap alts today, better invest that money in BTC or something else.
It is likely that an increase in the BTC price will result in a price increase of altcoins, but don't bet on it with all you have. Last crypto winter clearly showed us that at least 90% of altcoins are completely worthless, that they have no purpose and that they represent a big investment risk.
Fore those who have hold such coins until now, only good advice is to hold them for future, it may be worth it - but if you have a plan to buy some cheap alts today, better invest that money in BTC or something else.
I don't expect that much.
Despite the halving affecting the price of Bitcoin in the past positively, I don't think it would greatly affect the price this year. From people having doubts about what will happen and also to what is happening these days. Still, let's just see what will be the effect of it in the future.
Despite the halving affecting the price of Bitcoin in the past positively, I don't think it would greatly affect the price this year. From people having doubts about what will happen and also to what is happening these days. Still, let's just see what will be the effect of it in the future.
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do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
but it seems like so many people already think that the price of bitcoin and altcoin will go up high when the halving happens. however, that happened to halve in the previous year. Besides that, I also think that the price of crypto will go up, but I don't really think about the very high prices.Many people expect that in the halving of bitcoin, the price will go up high, so that makes them buy more and more bitcoin. I hope that in the next halving, we will going to see the increase in the price like the previous year, and I think the chance to see that will happen is wide open. But unfortunately, we don't know when that will happen, and we only could wait for that time. Besides the halving, right now, we are still at the pandemic which we also don't know when it's over.
the halving will bring a lot of hype with itself as it has already started, and that will surely lead to an increased buy support but the real question is that how much power the panic and the manipulation against the rise is going to have during that time because the sum of these two opposing forces is the deciding factor of the final price that will be reached in the next ~40 days due to bitcoin halving hype.
I still can't speculate on this because in a pandemic like this there is still panic and also the necessities in life that many sell their assets before halving or even after, as well as manipulation the whales could control it because crypto market prices are often controlled by the pope I want the increase to be true so there is a lot of excitement when halving happens and the hype comes right.But still thinking whether at all times the bitcoin crisis will experience a looming rise? or indeed more stable than the number 8k-7k?
the halving will bring a lot of hype with itself as it has already started, and that will surely lead to an increased buy support but the real question is that how much power the panic and the manipulation against the rise is going to have during that time because the sum of these two opposing forces is the deciding factor of the final price that will be reached in the next ~40 days due to bitcoin halving hype.
do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
but it seems like so many people already think that the price of bitcoin and altcoin will go up high when the halving happens. however, that happened to halve in the previous year. Besides that, I also think that the price of crypto will go up, but I don't really think about the very high prices. 
do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
Well, there are a lot of theoretical explanations about Bitcoin halving and both of us have different thoughts on it. Most of us using technical analysis and comparing the previous price of Bitcoin in the chart. On that basis, --I believed that the result of the entire crypto market is good. Because in my conclusion, if the first and second halving there is a successful growth of Bitcoin perhaps this third time will remain the same. Indeed, all of this is unpredictable but we will see to it.
Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
By observing how world economic is doing right now and how crypto markets have reacted to past bitcoin halving, I like to list few things:1. Halving may not give immediate hype into investors as people are not doing good in this corona outbreak time.
2. Bitcoin may take at least 3 to 6 months of time for a new ATH.
3. Most altocins may get delisted from exchanges. New altcoins may enter and do good due to manipulations.
4. Institutional funds may start inflow into bitcoins before halving too which may turn all our speculations upside down.
5. Institutional funds may trigger FOMO before halving but that FOMO may sustain for years as world wide investors may not get attractive investment opportunities other than cryptos.
I think the positive effect we will see is in terms of adoption more than price
Certainly the first will be the price, because if it comes to the fact that adoption increases, it will be because investors recognize Bitcoin and cryptocurrencies as a safe way to place funds. If investors consider Bitcoin to be safe, then for sure the first effect will be a price increase and then adoption.
Let's hope that printing money and inflation, which will definitely accelerate, will have such an impact on Bitcoin.
Hey members,
Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
In few words, altcoins will follow bitcoin trending.Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
Now when it comes to bitcoin it is almost hard to predict what will happen in halving but having a steady or a small rise in the price before and during the halving will be good. If there is many people adopting bitcoin it will be great. Seeing the price skyrocketing few months after will be awesome!
Hey members,
Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
Looking at the past bitcoin halving I guess a lot of us are expecting a positive effect on the market price of bitcoin.Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.
Happy to hear ideas and speculations
Thanks
For sure miners at going to get affected a lot of this event but thinking about it surely when the market price increases it might just be the same since it become harder to mine bitcoin and then the market price would increase also. Still, we cannot expect it already there are still a lot of things that could happen in the market price so we better be prepared either way we cannot predict accurately what could happen it might dump in the first week and increases after a month we just don't know.
I think the positive effect we will see is in terms of adoption more than price
When we have a look on the past two halvings it looks like this time the price will go beyond 10k this is my personal opinion, because we are already struggling in COVID-19 as situation is worsening everyday daily life has been badly affected and people are ready to sell their asset to survive.
Those are pretty much my thoughts--bitcoin's price progress has been hampered severely by the outbreak, and I doubt the halving is going to have a major effect this time. I've also always had the opinion that halvings are priced in well ahead of time, though I'm not entirely confident that's true.In any case, I'm hoping the halving does have some sort of positive effect. And someone mentioned all this free, printed money that's being thrown around, and usually when that happens (or there's very low interest rates), asset prices skyrocket. In the long-term it isn't a good thing, but in the short-term it could make people a lot of money if bitcoin goes up. We'll see.
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