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Topic: Bitcoin halving 2020 is almost here, are you ready? (Read 1094 times)

sr. member
Activity: 2660
Merit: 339
Some people have said that Bitcoin price will fall after the Halving due to the rewards for miners being cut half. But from what I have seen, there has been a lot of hype surrounding this Bitcoin Halving starting from last year.

So, the way I'm seeing it, this might attract more new investors to the Bitcoin market who will then start investing lots of money because they believe the price will rise soon. And in turn this will cause the price to rise, and when the price starts to rise, it will lead to a FOMO which will cause many people to start buying and the price will pump even more. I'm just making an assumption, but this might end up being the case.
member
Activity: 315
Merit: 11
 I'm not ready. I don't know what we should expect so I'm not ready.
sr. member
Activity: 2618
Merit: 439

it's done but doesnt change anything so stop talking about halving lol.

i will just wait if what will happen soon,but for now?i will just forget about that halving thing as it is frustrating.
legendary
Activity: 2394
Merit: 1049
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So, we might conclude that from big expectations nothing big happened, at least for now, and I guess that some users that were too optimistic are disappointed.
But no one was actually ready because no one couldn't tell and predict what will actually happen and what the influence of halving will be.
Of course they are disappointed because they always conclude that halving will increase quite high, but in reality it is not, but this is not a big disappointment because the price may rise after the following few, so until now bitcoin is still quite stable in under $ 10k.

I already know what the conditions are but will remain optimistic that in the future the price will experience a high spike and therefore I will really hold onto until the bullrun arrives.
legendary
Activity: 2912
Merit: 1068
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So, we might conclude that from big expectations nothing big happened, at least for now, and I guess that some users that were too optimistic are disappointed.
But no one was actually ready because no one couldn't tell and predict what will actually happen and what the influence of halving will be.
jr. member
Activity: 116
Merit: 3

i think halving this time be a little bit defrent .we wont see a big pump after halving.this time i believe it takes more time to recover the price to 14k/16k
legendary
Activity: 1974
Merit: 1150
~snip
Based on history, I dont think that hoping to see bitcoin at the pump after halving the third one makes no sense. Bitcoin price movements are on the right track at the moment and I think people are already preparing to face this halving. Even though I am not an active trader, preparing to reduce by halving is something I have to do because it is times like this that will usually provide a lot of profit for anyone involved in the market.

I know trading and looking for profits from crypto price fluctuations have a very high risk, all decisions taken must be based on our own awareness and not based on the views of others. So if something happens that is not what we expect, then there is no reason for us to blame others.
sr. member
Activity: 1918
Merit: 370
At present time BTC price always intersting to me. When you see at night BTC price $3300, in the morning you will see it hit to $5000. So i am not scar about BTC price. So 2020 or 2022 in not factor as market is very much volatile. last 4 days BTC price up $1000. So don't upset to price of BTC and one day morning when i see BTC price hit $19k, i would not surprised at that time because it was expected.
For the past halving events, there was not a huge global problem as a factor, so every one should expect at least a different affect of the halving this year because pandemic adds a big factor. I've seen the price yesterday going to $7600 in just a minute and went back to $7500 in seconds, spikes  were clearly deliberate actions in the market made by whales I guess so I'll expect that they will do it when the halving date comes to time.

Keep patience and promote your work behind crypto market, stay happy.
Patience and Perfect timing, you're right  Wink
sr. member
Activity: 2366
Merit: 305
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Hopefully the  bitcoin halving that will happened this year will have a similar path as the last 2016 halving, where 3 months after the halving btc price started to pump up to 20,000$., hoping that after getting its new ath, it wont dump immediately.
I may advise that you don't expect too much because it might hurt you if the truth will reveal. Cheesy
We are all waiting for the result of Bitcoin halving and we expect that it will boost the price just like what happened before the first and second halving but this doesn't give any assurance.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Ready or not Bitcoin Halving will still happen. Pancemi is indeed making things go wrong at will and many investors end up having to sell their Bitcoin investments to survive because of the effects of this pandemic.

The increase in the price of Bitcoin when halving I think will not be so optimal if this pandemic has not improved.
It is going to be very interesting to see what it is going to happen during the next months, from a fundamentals perspective it makes sense for the price of bitcoin to go up but the current situation around the world is going to make really hard for this to happen since people are still very scared about the future and several millions of jobs have been lost all over the world so it is doubtful the economy is going to recover during this year.
full member
Activity: 821
Merit: 101
Hopefully the  bitcoin halving that will happened this year will have a similar path as the last 2016 halving, where 3 months after the halving btc price started to pump up to 20,000$., hoping that after getting its new ath, it wont dump immediately.
full member
Activity: 1582
Merit: 101
At present time BTC price always intersting to me. When you see at night BTC price $3300, in the morning you will see it hit to $5000. So i am not scar about BTC price. So 2020 or 2022 in not factor as market is very much volatile. last 4 days BTC price up $1000. So don't upset to price of BTC and one day morning when i see BTC price hit $19k, i would not surprised at that time because it was expected.

Keep patience and promote your work behind crypto market, stay happy.
newbie
Activity: 62
Merit: 0
I am feeling skeptical now. Only a few days remain for the block reward halving and we are yet to witness any major spike in the exchange rates. And the prices still remain in four-digits. The trade volumes also remain low. Another worrying aspect is that BCH had its block reward halving a few days back. The exchange rate actually went down after that event.

Now 1,800 Bitcoins are generated each day. This number will go to half in 15 days, and this will have a huge impact on the market. Just wait and see.
sr. member
Activity: 1988
Merit: 453
I am feeling skeptical now. Only a few days remain for the block reward halving and we are yet to witness any major spike in the exchange rates. And the prices still remain in four-digits. The trade volumes also remain low. Another worrying aspect is that BCH had its block reward halving a few days back. The exchange rate actually went down after that event.
legendary
Activity: 2576
Merit: 1043
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A generic thread but I like the infographics Smiley.

Anyway, I'm ready and at the same time I'm not. What?Huh?
I'm neutral with regards to this event (Bitcoin halving). I have no excitement that I'm feeling with what will happen in the next few weeks. We are in a crisis where a shitty virus is ruining our economy and right now, people will choose to have some cash on their hand rather than Bitcoin because they can't use it to buy some stuffs. Not excited here but I will wait for it to happen and will see the outcome.
member
Activity: 560
Merit: 13
Halving is always exciting the countdown has already started and hopefully it will be a tremendous year for every BTC holders, many Investors are holding their assets and waiting for halving happening as the speculations are very high and it should end on a positive way. If this goes well automatically the prices of alts too will go up let's wait and watch this thrilling story.
sr. member
Activity: 2044
Merit: 314
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Better than ready and I’m not expecting that much with the halving as we all know the price will react after we see big improvements with bitcoin and that might take a little longer though we still have a better chance to hit the high price this year, its only a matter of time and the demand in the market. Halving can create a big pump but no guaranteed at all if you want to at least earn profit, then hold more bitcoin.
hero member
Activity: 2604
Merit: 816
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I am ready with the next halving of bitcoin that will happen in the upcoming months. We are pass day by day without any chance to get back to the previous time because we don't have a time machine. We need to be ready for anything that can happen before or after bitcoin halving because I think the bitcoin price will be increased at the highest price in the next year. So we don't need to be afraid or scare off the bitcoin halving because we can still enjoy the moment while we can try to make a profit from bitcoin.
hero member
Activity: 1932
Merit: 506
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I am not yet ready to the upcoming halving because almost all of my assets were sold in order to sustain our daily needs in this situation where most of the countries are imposing lockdown just to control the spread of the virus and our country is one of it. But I am still impress how the market was able to continue to push upward even if we are facing a pandemic as of this moment.

But if I can earn an extra money, I will make sure to buy back all the assets that I sold so I can also share the profit to the upcoming halving as the chance that the market to continue to increase is pretty high. Bitcoin is already sitting at 7.5k$ which is a good rally from below 7k$.
member
Activity: 322
Merit: 12
Iqcash
I have been ready for Bitcoin Halving since the beginning of 2020 !! But even though the joy that was there now has been taken away by Covid-19 😷😷😷, I think Bitcoin will continue to move at its own pace. The highest price, I think Bitcoin is likely to be 28000-35000 Usd this year, so I'm ready for that already.
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