Simple put, if your intention to make this thread for your income then you can easily buy bitcoin right now.
As for your analysis you can see its history. I mean bitcoin halving has been held for twice i.e at 2013 and 2017 ago, you can see the price movement of them before halving event happened.
Topic: Bitcoin Halving 2020 and Altcoins - page 4. (Read 830 times)
most people in crypto are anticipating the price increase due to halving.
but we must take a step back and think- if the price tanks (because of covid-19 or any other reasons) when halving is done, what will happen?
the answer is clear- the price will plunge if that happens.
I choose to stay side-lined for now.
but we must take a step back and think- if the price tanks (because of covid-19 or any other reasons) when halving is done, what will happen?
the answer is clear- the price will plunge if that happens.
I choose to stay side-lined for now.
I was skeptical but i see that there is a strong anti-panic approach that will get stronger by the time halving happens. 30 days from now, things would get clear and certain normal activities would begin to take place again. People will realize that we have to trudge along while taking precautions and that this is the new normal. Hopefully, testing would be accessible enough for anyone with symptoms to be quickly isolated with contact tracing.
In 30 days, when all this situation is back to normalization, bitcoin halving would possibly be one of the few good news out there. This can have a potential positive affect rather than the "people selling everything to hunker down in their bunker" scenario. At such low prices, and just before the halving, this is one of the best times to invest in bitcoin.
In 30 days, when all this situation is back to normalization, bitcoin halving would possibly be one of the few good news out there. This can have a potential positive affect rather than the "people selling everything to hunker down in their bunker" scenario. At such low prices, and just before the halving, this is one of the best times to invest in bitcoin.
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.
This is key factor in this halving, which was not the case last two times.
People are selling assets, true, and from the other side, people keep their cash and waiting to see how it goes toward end of 2020, so maybe not much free to invest in Crypto ( unless they are into it already ... ) anyway lots of parameters and no one can say where it will go this time, we will hope for the best to come
Remember this Halving is coming right when governments around the world are printing FIAT which will cause Inflation like lego effect.
And therefore it may cause more adoption funnels and much more mainstream acceptance, and in this case, price will also go up
And therefore it may cause more adoption funnels and much more mainstream acceptance, and in this case, price will also go up
That is why this moment is so special for cryptocurrencies and at the same time so unpredictable.
We have already seen what happened on the cryptocurrency market after the first signs of the global economy crisis showed up. Instead of increasing the BTC price, we had a huge drop.
Of course, it is logical that printing money around the world will boost inflation, which should increase cryptocurrency prices. However, if investors recognize cryptocurrencies as part of the global market and begin to withdraw from investment, unfortunately we can observe drop in cryptocurrency prices.
Personally, I hope that people will understand what the real value of cryptocurrencies is and for many people crypto will be a salvation from the loss of value of money.
If the halving of Bitcoin reward in the days to come will have an effect to the price, it will be within Bitcoin only. I don't think the prices of the altcoins will be affected. Perhaps, if there will be a dump in the price of Bitcoin and the crypto investors would make the best of their investment, there might be some altcoin dumping that follows in order for them to make use of the cheap Bitcoin 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.
The key factor is maximum number of European people have been affected where you can find more investors so it's pretty hard to predict the market right now, at the same time altcoins price will be dependent on BTC price without any doubt.
The key factor is maximum number of European people have been affected where you can find more investors so it's pretty hard to predict the market right now, at the same time altcoins price will be dependent on BTC price without any doubt.
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The halving date is very near. 12 May 2020 16:26:01 UTC , So there are 28+ days left. If we see the past history of halving then we can see the market has influenced much due to halving. Maybe we will see that in this halving also. See the image below...
source: bitcoinblockhalf.com
I think bitcoin will surely pump due to this halving. But since the world condition is not good for that it may take some time to start the journey. And top
altcoins will follow the bitcoin journey.
source: bitcoinblockhalf.com
I think bitcoin will surely pump due to this halving. But since the world condition is not good for that it may take some time to start the journey. And top
altcoins will follow the bitcoin journey.
Remember this Halving is coming right when governments around the world are printing FIAT which will cause Inflation like lego effect.
And therefore it may cause more adoption funnels and much more mainstream acceptance, and in this case, price will also go up
And therefore it may cause more adoption funnels and much more mainstream acceptance, and in this case, price will also go up
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.
Halving will reduce pressure on supply. That is all. For price to increase you need increased or at least same demand. With a huge recession that is hard to expect. Just look what is happening with small business in China after 3 months of lock down. Expect the same in Europe and USA 2 months from now.
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
You can read up some insights from other people towards this event into these threads..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
https://bitcointalksearch.org/topic/is-bitcoin-set-to-rise-into-the-halving-5238935
https://bitcointalksearch.org/topic/are-you-ready-for-the-halving-not-that-halving-the-price-halving-of-bitcoin-5233739
https://bitcointalksearch.org/topic/bitcoin-halving-price-prediction-55000-130000-5201543
Just my own opinion about this one, its really hard to tell on what would be the situation in upcoming halving event and since we are still on a difficult situation
i dont really expect that much.
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
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
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