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Topic: ₿ Bitcoin Halving Attracts World Attention (Read 1132 times)

member
Activity: 110
Merit: 10
Bitcoin is a popular coin of the present time. Bitcoin will soon be recognized as a legal tender worldwide. We can save for the future by investing in Bitcoin now.
The price of Bitcoin may skyrocket in the future and may become worthless again. However, the probability of Bitcoin scam is 0%. In the future, Bitcoin will be recognized as a popular digital currency worldwide.
hero member
Activity: 2828
Merit: 666
I witnessed the pump, but it seems like it's already over now.

When there is a big event in crypto, people usually make an speculation and its good if Media will be attracted as well as it would help to bring the hype higher. As we can see, bitcoin is now struggling to break $10,000 and that is because the hype is already over.

At the moment that bitcoin is still not that stable, I believe it will  only just move side ways or pump and dump which we can always take advantage of instead of panicking. My way of enjoying bitcoin's volatility is to always buy at dip and when there's a big event happening, I always buy the rumor and sell the news.
sr. member
Activity: 644
Merit: 364
In Code We Trust
Just because bitcoin halving was on the top search in google doesn't necessarily mean that the world attention were focus on it. Bitcoin halving just finished, nothing much change especially those who have idea bout it.

I don't know if it is worth celebrating or not, most people anticipated the best but the market doesn't respond pretty well. Or maybe, the theory about bitcoin halving hypes didn't just happened meaning to say that people will try to expect another thing to happen in a long run.

Maybe others were just curious what would be the next turn for the bitcoin's price after halving. Just a curiosity. And maybe you just exagerrate things by saying attracts world attention. Many are still confuses how bitcoin works though.

Perhaps, more people to the tech industry will be the only people to be attracted, but I don't think using "The world" to make this event more successful is enough as it shows not so promising result just right after the bitcoin halving happened but the good thing is that "at least we tried".
legendary
Activity: 1722
Merit: 1007
Degen in the Space
Bitcoin got ranked as the #1 coin to watch for this week, ranked by CoinCodex!

https://coincodex.com/article/8103/top-3-coins-to-watch-may-11-may-17-2020/
There is no doubt on that because it is the leading cryptocurrency, it is very clear that bitcoin was number one on the watchlist. I wonder why there's an article regarding this when some of the alternative cryptocurrency relies on BTC.

So even there's no bitcoin halving this year, because of many investors, traders and users, Bitcoin will always be the number 1.
sr. member
Activity: 1330
Merit: 326
Just because bitcoin halving was on the top search in google doesn't necessarily mean that the world attention were focus on it. Bitcoin halving just finished, nothing much change especially those who have idea bout it.

Maybe others were just curious what would be the next turn for the bitcoin's price after halving. Just a curiosity. And maybe you just exagerrate things by saying attracts world attention. Many are still confuses how bitcoin works though.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
Bitcoin got ranked as the #1 coin to watch for this week, ranked by CoinCodex!

https://coincodex.com/article/8103/top-3-coins-to-watch-may-11-may-17-2020/
Bitcoin is on top so there is totally no doubt it would be on the top of watch list of coins lol.

People these days are intrigue with bitcoin because of the halving, they must have saw the historic price changes of bitcoin from the past halving and they see it climbing so they are curios to put an investment coz they are all locked up (we actually) As bitcoin is always talked from outside, expect more growth from it that will absolutely come from mass adoption, chances are big now brought by the virus.
sr. member
Activity: 1246
Merit: 285
This halving event will certainly have an impact on the price of Bitcoin. Many predict the price of Bitcoin by the end of 2020 will reach $15,000 USD to $20,000.
This is the moment that crypto lovers have been waiting for. This seasonal trend is always awaited because it always gives a new surprise, with conditions that are very different this time that is becoming increasingly special because there is a pandemic, many people are curious about what is happening. Many predict what TS says, although it is difficult and takes time.
Unfortunately, newbies who know this based on booming hysteria, lack understanding of the existing ecosystem so disappointed that there is no significant increase after halving, even though only a few days have passed. While we know that the existence of a big pump takes months after halving. FOMO does not provide benefits if it is not supported by qualified knowledge, which is what makes many newbies say bitcoin is a scam  Roll Eyes
full member
Activity: 365
Merit: 103
Bitcoin got ranked as the #1 coin to watch for this week, ranked by CoinCodex!

https://coincodex.com/article/8103/top-3-coins-to-watch-may-11-may-17-2020/
hero member
Activity: 2912
Merit: 556
We will see a halving moment in a few hours later, and many people are excited to wait for that moment. If you check on https://www.bitcoinblockhalf.com/, the website is down for now. I wonder if many people access that website together to watch the countdown. But related to the bitcoin price, the price now has down at $8,800 level price, but now, it seems the price is trying to break the higher price, and a few hours ago, the price can back to $9,000 level, but it was back again to $8,800.

I wonder how much the bitcoin price will be in the halving moment, and I want to wait for that moment. I hope that the price can go up and stay at $9,000 before the halving, and after the halving, the price will increase so high.
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
The momentum of the bitcoin is already finished and that is the reason why we saw a huge pullback with low volume but take a look at the wick when the bounce happened, it is super long that indicating many people who panic.
Warmly Appreciate your thinking about bitcoin and its overall growth in last couple of years. I just wanna add some lines with you and hope that's gonna help lot of holders to get relief from their rising tensions. "Panic" a common word in any kind of investment because every investment have 2 equal sides which are profit and loss. Its remain same for bitcoin investment and will stay same in the upcoming future.

I can clearly remember the date of bitcoin's all time high $20,089.00 USD (Dec 17, 2017) when some were panicked due to its sudden bump and as usual it comes to current situation. At that time there were many investors and i also know some guys personally who filled their wallet with handsome amounts but due to big price crash they hold their coins for a long time. Yeah they were panicked also but they didn’t lose their trust on bitcoin's potentiality. As a result between this 3 years they sold their coins for a several time and purchase again from lowest price falls. Now in current situation they recovered all their losses and most of them have got the taste of profits.                  

As we all know that everyday thousands of new peoples are adding with worlds total population and currently in most countries people’s are suffering with land shortage. Specially in Asian countries investment in land property is accepted as most secure and profitable investment. In this kind of investment investors have to wait for a long time. Same in bitcoin if present investors try to make good profits just in a short time than obviously they have to take estimated risks which will produce panic for sure. During the eve of bitcoin halving i sharply believe that investors with strong knowledge of bitcoin's price chart and potentiality will definitely get the taste of profit in upcoming days.  
jr. member
Activity: 72
Merit: 3
Bitcoin price for many years is revolving in between 5k$ to 10k$. I dont think coin halving have any impact on bitcoin atleast in its early days. May be in days to come it go up.
sr. member
Activity: 966
Merit: 260
Well, I suppose there is an increase of media coverage about Bitcoin halving and crypto currency in general but there's still the question who's going to see or eve read these articles. I often find that there's a niche of people interested so even though there's still a good coverage the base/people is still the limiting step.
sr. member
Activity: 952
Merit: 274
Before effect I think we have seen it already, except there is going to be a miraculous bull within the few hours to halving,  so the after effects is what everyone is looking out for.
We have already got the result of before effect and it was quite bumpy for sure. Bitcoin price have already showed enough resistance in 8k zone but some weeks earlier it was between  6k to 7k. For now before halving price drama is done and we have to wait for some extra hours to see rest of the game. Definitely it will be a tough test for miners but most probably a golden time for traders & holders.    

More or less halving will put bold effect on bitcoin price and trading value. Lets wait for the better outcomes from upcoming Bitcoin halving.
The momentum of the bitcoin is already finished and that is the reason why we saw a huge pullback with low volume but take a look at the wick when the bounce happened, it is super long that indicating many people who panic. The halving is approaching and by looking at the price action, the participants are growing so there is a high chance that the halving will become a catalyst that can lead to spike of the bitcoin.
full member
Activity: 1093
Merit: 103
many cryptocurrency users are very much waiting and hoping for halving 2020, because they remember incredible stories about how people bought bitcoin for nothing and became rich after halving.  Theoretically, this is true, but in fact the price of the coin after halving fell slightly, and after a while continued active growth.  This situation was with Bitcoin and Litecoin, which after a halving fell for several months.  According to analysts, the next bottom can be expected in September 2020, and already the next 2021 is able to surprise with new highs in bitcoin prices.  So gentlemen, get ready for the roller coaster.
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
Before effect I think we have seen it already, except there is going to be a miraculous bull within the few hours to halving,  so the after effects is what everyone is looking out for.
We have already got the result of before effect and it was quite bumpy for sure. Bitcoin price have already showed enough resistance in 8k zone but some weeks earlier it was between  6k to 7k. For now before halving price drama is done and we have to wait for some extra hours to see rest of the game. Definitely it will be a tough test for miners but most probably a golden time for traders & holders.    

More or less halving will put bold effect on bitcoin price and trading value. Lets wait for the better outcomes from upcoming Bitcoin halving.
full member
Activity: 1190
Merit: 117
Bitcoin halving is a big event for this year, so it's no wonder attracted world attention. Because seeing the history of two previous halving
who succeeded in making the price of cryptocurrency rise dramatically, so some people also expect the same thing on bitcoin halving this year,
which will happen a few hours. We are all curious if bitcoin halving this year can make the price of bitcoin and altcoins rise to the top.
member
Activity: 1260
Merit: 21
The halving just few days left and crypto enthusiasts and investors are in the looked out of what's gonna be the outcome of bitcoin halving, before and after effect. With every news all over media platform and broadcast stations, this will bring more attention and curiosity to everyone else that will bring more future investors and adopters because of bitcoin halving.

What do you mean few days! Lol, you should probably go do more arithmetic, if halving is 12th which is tomorrow how is that few days, you can say few hours away because by now it should start counting by hours not by days anymore,
Before effect I think we have seen it already, except there is going to be a miraculous bull within the few hours to halving,  so the after effects is what everyone is looking out for.
member
Activity: 2044
Merit: 16
The halving just few days left and crypto enthusiasts and investors are in the looked out of what's gonna be the outcome of bitcoin halving, before and after effect. With every news all over media platform and broadcast stations, this will bring more attention and curiosity to everyone else that will bring more future investors and adopters because of bitcoin halving.
hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
Nothing really doubting about it tbh. The past few halvings brought about quite an exponential growth in the market after half a year or so and really, everyone is interested when it concerns them making a profit. Not to mention that the difference between the influence of cryptos then and now is incomparable. Tbh, it's more like a hype train right now instead. Ofc, I'm not saying it's not something that isn't supposed to be noticed, but giving it too much attention makes it seem like they want something to happen, and immediately at that. Just hope people don't get scammed by the FOMO atmosphere here and there and start losing money cause of that.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
This halving is more important than usual (and I've posted this before) because we're finally getting inflation lower then the FEDs' target.

At this point so much of bitcoin will have already been distributed that we'll be neck in neck or potentially beating the dollar when it comes to inflation. Then again I don't know how relevant that is when it comes to bitcoin's scarcity. If more people wanted to get into bitcoin the price would definitely skyrocket, but so far we don't really have the capacity to handle more people.

Either way, it's a historic halving and I can't wait. I'll be at work at the time.
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