Bitcoin halving. - page 2. | Bitcointalksearch.org

hendra147

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

i have plan with my friend to make a "bitcoin halving party" of course its private party , its really important to my life, bitcoin is my source of income, so i think halving will make bitcoin lover do it too.

with halving our income can rising, by rising the value of bitcoin, im sure after halving the resistant of bitcoin price will be $10.000 can't lower thant that's

crossabdd

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bitcoin growth after 2017 is very difficult to predict, many surprising changes in movement. so many predictions fail. halving will come in a few months. but I doubt, it will guarantee a rise in the price of bitcoin. maybe 50:50 to trust bitcoin to go up. I have several crypto assets that I hold. but I also make backups on money. I don't recommend accumulating your money on bitcoin. just do what you dare to lose. I hope this year's halving will have a good effect on all crypto.

Quidat

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What do you think It is gonna be its effect in the price.?

-Its either would dump or increase.These are the only two paths on where price can possibly go.
Nothing is certain in talks of future and no one can predict on whats ahead.

Will you suggest accumulation of bitcoin before the event?

-It all matters on your risk management.We know btc is volatile and if you
can afford to risk then its our choice.

taufik123

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supercanada1

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Quote from: Cimmy_revenger on January 28, 2020, 06:31:26 AM

maybe this will be a little different from the previous halving.
if if the same, it is likely to go down first before halving and a few weeks after halving the price of bitcoin rises continuously.

It would be best of all previous halvings said by the economist. They are very hopeful and spread the good news among the users by predicting that halving would give good and surprising results to all. The price of Bitcoin will rise at a highest point this year, this would be beneficial for all the traders. I am also expecting the same by looking at the present success of Bitcoin in the market.

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Quote from: Cimmy_revenger on January 28, 2020, 06:31:26 AM

maybe this will be a little different from the previous halving.
if if the same, it is likely to go down first before halving and a few weeks after halving the price of bitcoin rises continuously.

This is a lot different then the 2012 1/2 ing.

This is somewhat different the the 2016 1/2 ing.

Back in 2012 there were no really big gear companies.

In 2016 bitmain was fairly big in both market share and wealth.

In 2020 bitmain is big in both market share and wealth.

they have a huge interest in price rise to be able to sell gear.

canaan/avalon

whatsminer

innosilicon

all want a price rise to sell their gear.

Newer gear 5nm is coming out very soon.

It may be 20% better then the 37 watt a th gear on market.

so. 37 x .8 = 29-30 watt gear. if coins are only 9000 selling gear will be hard to do for them.

they all have a huge incentive to push price to 13000 to be able to sell new gear.

I think this 1/2 ing is the first 1/2 ing that many builders will attempt to boost prices hard.

2012 not true
2016. somewhat true
2020. absolutely true.

Baoo

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Well, I see Bitcoin in a little progress during this period. Is it the calm ( stability ) before the storm ( halving ) ?
Absolutely yes, I am pretty sure that the next halving will be the appropriate event for a significant pump of Bitcoin and the same thing for the other followers ( cryptocurrecnies ).
Plus, I would guess that after July, Bitcoin's price will rise to 15K and 20K, but probably our predictions will never happen, everything is possible in this domain. Let's hold and wait.

btccashacc

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Quote from: d.kevin29 on January 27, 2020, 06:52:56 PM

I'm going for two scenarios: Bitcoin will either go through the same cycle it went in 2016 & 2012 or this time would be different.

I believe there might be a difference due to the wave of new investors. We've got +1M addresses still holding their coins... so when the next cycle comes, these address might become active. If they do, it'll probably be a huge selloff from those who invested @20k.

On the other side, it could go through the past cycles which means a parabolic price increase followed by a bear market for a long term.. I'm ready for both scenarios anyway. I'll just accumulate alts & BTC and be ready to ride the next cycle the right way. Grin

Interesting, those who bought at the peak now are waiting for the best moment to recover their lost, i used to think that its trend will follow the previous halving, but after seing your opinion about this, I change my mind. Once the price hit the ATH there's gonna be big dip due to those Holders. At least we have to prepare for these two scenarios.

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Quote from: taufik123 on January 28, 2020, 09:57:25 AM

Quote from: Yatsan on January 28, 2020, 09:44:09 AM

This is the common mindset hodlers commonly have, where traders have different in their minds, traders usually couldn't wait too much but they scalp to earn money, if we apply the principles of being a trader and a hodler, then we could basically maximize profits we could have even before halving happens.

The mindset of the trader will be very useful when this happens. Make use of halving to get a lot of profit. Buy bitcoin at the start with a fairly cheap price then wait for halving to sell it. FOMO will also occur before or after halving. Profits will indeed get more leverage with the principles as a trader and holder, but it must also be remembered that market conditions are unpredictable according to what we predict. must be prepared with all the risks that occur.

Of course we are always ready for what happens with market conditions. I do that with full risk, so we are convinced now and have bought bitcoin earlier.
I am not a long-term trader and I am always happy when there are profits in my coins including bitcoin at this time already for several percent but I am still waiting for the right time because I am sure bitcoin will rise even higher.,

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Quote from: taufik123 on January 28, 2020, 09:57:25 AM

Quote from: Yatsan on January 28, 2020, 09:44:09 AM

This is the common mindset hodlers commonly have, where traders have different in their minds, traders usually couldn't wait too much but they scalp to earn money, if we apply the principles of being a trader and a hodler, then we could basically maximize profits we could have even before halving happens.

The mindset of the trader will be very useful when this happens. Make use of halving to get a lot of profit. Buy bitcoin at the start with a fairly cheap price then wait for halving to sell it. FOMO will also occur before or after halving. Profits will indeed get more leverage with the principles as a trader and holder, but it must also be remembered that market conditions are unpredictable according to what we predict. must be prepared with all the risks that occur.

I take this view in a long term perspective. I plan to hold until about a year after the halving until there is a parabolic move up. Then sell hopefully before the correction that will definitely follow.

taufik123

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Quote from: Yatsan on January 28, 2020, 09:44:09 AM

This is the common mindset hodlers commonly have, where traders have different in their minds, traders usually couldn't wait too much but they scalp to earn money, if we apply the principles of being a trader and a hodler, then we could basically maximize profits we could have even before halving happens.

The mindset of the trader will be very useful when this happens. Make use of halving to get a lot of profit. Buy bitcoin at the start with a fairly cheap price then wait for halving to sell it. FOMO will also occur before or after halving. Profits will indeed get more leverage with the principles as a trader and holder, but it must also be remembered that market conditions are unpredictable according to what we predict. must be prepared with all the risks that occur.

joinfree

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The coming of bitcoin halving is pretty obvious right now and just as history holds it we are very likely going to see a rise in the price of bitcoin as it is currently. This might be the last time we are seeing bitcoin this cheap so it's good to accumulate as much as you can waiting for a bull run hopefully.

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Quote from: lienfaye on January 28, 2020, 02:59:35 AM

If we track the past history of bitcoin halving before we can see the impact of it to the price, now many are expecting that this year it will be the same thus they are accumulating before it happen.

What I really noticed about the bitcoin's price is not really the market price it have in real time, what I mean is that, bitcoin is achieving greater heights, that is correct, but what is evident is that it doens't mean that halving makes a new All time high, thus, what is being created is the exponential growth of the all time lows we've mostly encounter in bear season.

Quote from: lienfaye on January 28, 2020, 02:59:35 AM

Its quite normal to have an expectation because of this event but I dont want to rely too much on this. I hodl my btc for long term and if this halving will become the reason to see another bull run then its like a reward for us who patiently wait in times the market is bleeding.

This is the common mindset hodlers commonly have, where traders have different in their minds, traders usually couldn't wait too much but they scalp to earn money, if we apply the principles of being a trader and a hodler, then we could basically maximize profits we could have even before halving happens.

Wysi

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Yes the bitcoin halving will take place by June this year and it will have a positive impact on the price of bitcoin because it will reduce the supply thus creating more demand. This year has started with a positive note for crypto world as bitcoin is performing well if this trend continues then we will see massive pump similar to last bull run.

hirngespenst

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Bitcoin price already started growing and the growth is pretty positive towards the bull run. In the bull run of 2017, many people came in crypto without having knowledge, so, they are more hype about the upcoming halving, as they Don't know well about it. So, I think after the halving Bitcoin price will grow but it will be dumped quicker than 2017! Because lots of people waiting to recover the losses occurred in 2017! So, Bitcoin's price many not go enough high! You can buy BTC now, but I would suggest waiting for another dump, this is not the right time for buying Bitcoin!

ScamViruS

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It's true this year Bitcoin halving is going to happen. Everyone is excited about this halving bitcoin. The reason is that last Bitcoin halving was occurred in 2016, and the price of bitcoin increased hugely after that halving and we all know that 2017 is the golden year of Bitcoin. From that believe, everyone thinks that after this halving, Bitcoin prices will have an impact. Sort term thinking is not a good point, you must patiently see everything. It took a year after the last halving to see the huge results. It is not right to think that this time and it will be the same as before. We all know that the market goes in the opposite direction of what looks positive.

In my opinion, since the block reward will be reduced by half, the price of bitcoin would have to be adjusted to keep miners interested and and for miners profit. So there is a good chance that something good will happen.

darkangel11

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The time to accumulate was at 5k when we broke the bearish trend. Now it's a little more risky because we may not go above 10k this year and even if we do it's not going to be big. Maybe 15k before December?
Of course that still means that you should accumulate just be careful and don't go all in. There's so much manipulation in the price of Bitcoin that it will only take 10 min for you to be significantly down on your investment. Take that into account!

d.kevin29

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Quote from: Images21 on January 28, 2020, 03:22:53 AM

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.

You're right, but you're missing one thing: Bitcoin's max number of coins to ever exist is known. Gold and silver's is not. Maybe one day a huge lot of precious metals will be found under the ground.. the same thing cannot happen to Bitcoin. When 21M coins are going to be mined, nobody will ever be able to recreate another new Bitcoin. Gold might be recreated in the labs one day through science, Bitcoin can't be. I do agree the price is determined by the public though, and I wonder what would the price be if whales were not into the game.

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Quote from: Aikidoka on January 27, 2020, 08:01:40 PM

I think bitcoin's price will be affected for sure like in each halving that it happened before. We just noticed that before the halving bitcoin's price decrease and then increase hugely after the halving so that's what probably happen for this year too. I don't expect a big bump of price though, but I just think that bitcoin will increase till 15k after few weeks of the halving and maybe it reaches the 20k$ by the end of 2020 and it will be stable at this range for a few months till it will increase again in 2021, this is my opinion about the halving and bitcoin's movements predictions.

Why wait for February if there's a possible signs that bitcoin may soar more than the predicted price, and yet we're having three days before month of February is going to start. This is the most exciting part for bitcoin to perform a lot better, that's why every another day is our hope for some spikes which will come up a good movement on every market value.

kolonel_x

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Quote from: Meowth05 on January 28, 2020, 08:13:38 AM

Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Honestly, I am not that sure if halving will have an impact on Bitcoin's value but I do recommend that you should really accumulate Bitcoin before the event because even if halving doesn't make any difference you could still HOLD it and wait till it pump. However, I have seen few speculation(not mine) who said that halving will bring a good impact on its price and in the market.

Well, we really have to accumulate bitcoin from now at least we have held bitcoin for the halving event, for the impact of course many predict will be positive about the growth of bitcoin increase but we must also look at the bitcoin movement from now at least we can analyze ourselves then concludes it.
The halving event will be really awaited by many people even though this is not the first time.

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