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Topic: BITCOIN HALVING now a reality !!! How is that working out for everyone ??? (Read 354 times)

brand new
Activity: 0
Merit: 0
These things were supposed to be ROCKET FUEL for the price of BitCoin, but more people are selling BitCoin than buying, hence the price drops...  Most rational investors are accepting reality, and getting out before the hammer falls and BitCoin drops again.

If BitCoin price can not go up in what should be the best environment in its history, it never will  Cry Cry Cry
member
Activity: 434
Merit: 29
The spike on the price of bitcoin after its halving doesn't gonna trigger after few days from halving. instead, it will only raise if the demand for that year becomes high and the result would be the awaited bull run which will likely happen after a few months from now or the next year. What we have experiencing today is lack of confidence to wait by the investors, I think those people who sold their BTC this early is the one who are just entering the industry not too long ago, just to have a decent amount of profit.

The run up in price in BitCoin was BEFORE the halving...   Everyone was well aware of the halving, and it was ALREADY PRICED IN.... Once the halving took place, there was nothing more to drive up the price, hence the sideways trading for the last week.


Hard Facts
hero member
Activity: 2184
Merit: 585
You own the pen
The spike on the price of bitcoin after its halving doesn't gonna trigger after few days from halving. instead, it will only raise if the demand for that year becomes high and the result would be the awaited bull run which will likely happen after a few months from now or the next year. What we have experiencing today is lack of confidence to wait by the investors, I think those people who sold their BTC this early is the one who are just entering the industry not too long ago, just to have a decent amount of profit.
hero member
Activity: 2926
Merit: 722
If BitCoin price can not go up in what should be the best environment in its history, it never will  Cry Cry Cry

TALK IS CHEAP:   Most people are looking at reality, and have voted with their wallets...

Hard Facts

I would say that people do already learned on what happened in the past.We shoot up 20k in no time or in a fast pace and after that it did drop almost to the floor.
We do prefer on seeing bitcoins price to be on gradual increase that on big spikes and of course there would be sell offs and profit making would really be the main
priority in here no matter what situation we are into but one things for sure is that price wont really be that stagnant, as long adoption is on the move then
we would definitely see improvements.
jr. member
Activity: 89
Merit: 1
It was impossible to say where things would have went. However, I don’t think halving had as much impact as some were predicting was possible. Right now, bitcoin värde is very stable and it’s likely to pass the 10k mark as well.

But as always with the Crypto industry, we really have to be watchful of everything and make sure we go on with taking the right stance to be able to benefit through especially in situation we are not so certain about.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
We have the absolute DREAM SCENARIO for BitCion  Grin Grin Grin

1.   Massive Printing of Fiat Currency.

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.

3.   BitCoin Halving just taken place a few days ago.


These things were supposed to be ROCKET FUEL for the price of BitCoin, but more people are selling BitCoin than buying, hence the price drops...  Most rational investors are accepting reality, and getting out before the hammer falls and BitCoin drops again.

If BitCoin price can not go up in what should be the best environment in its history, it never will  Cry Cry Cry

TALK IS CHEAP:   Most people are looking at reality, and have voted with their wallets...

Hard Facts
Maybe this happened because of the effect of pandemic covid 19. Many sold their bitcoin because they need it badly to support and provide their daily essential needs. Although we did not achieved our expectation during bitcoin halving,still bitcoin is valuable and it's value is still higher and as a trader i still earned without the rocket fuel of bitcoin halving.
sr. member
Activity: 1848
Merit: 370
Only hard fact is that OP is mentally unstable person who has occasional needs to come to the forum from time to time and try to write some wisdom. Only the ignorant and fools lived in the belief that halving would change something in the short term, and OP is quite obvious in both categories.
I've already bump this guy @hard facts, and I might agree on you saying he's mentally unstable. My impression on him is that he is a nerd guy who is obsessed to seek an attention from anyone that he is ready to voice it out even a lie. I've seen him contradicting each and everyone here in the forum, can't we report him for any reason?
Halving went quite normally for me, just like the one 4 years ago - and I don’t expect it to have any effects on the price this year - not only the price is the most important to everyone, because some were on this forum when BTC was worth only a few $, or a few hundred $.
Actually it did! This is what I'm telling to some people in here, historically we can see that halving is bringing a good run on the price of bitcoin however the things now are very different compare to the past halving that occurred 8 years ago so don't expect to much from it because the price of it is already high.
full member
Activity: 1330
Merit: 121
Next Generation Web3 Casino
 Of course, if a person has not analyzed the historical data of past Bitcoin halving in 2012 and 2016, he will draw the wrong conclusions even today. Of course, the price of Bitcoin has risen after halving Bitcoin 2016, but we only need to take into account that this growth was significant no less than a year later . in June 2016, Bitcoin has a value of $ 550, in January 2017 - $ 850, and in June 2017, the price of Bitcoin was $ 2,500. thus, only one year later we saw a significant rise in Bitcoin in price, and by the end of 2017, Bitcoin showed its maximum of $ 20,000. therefore, at least a year you should expect real results after halving Bitcoin 2020.
legendary
Activity: 3234
Merit: 5637
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Only hard fact is that OP is mentally unstable person who has occasional needs to come to the forum from time to time and try to write some wisdom. Only the ignorant and fools lived in the belief that halving would change something in the short term, and OP is quite obvious in both categories.

Halving went quite normally for me, just like the one 4 years ago - and I don’t expect it to have any effects on the price this year - not only the price is the most important to everyone, because some were on this forum when BTC was worth only a few $, or a few hundred $.
full member
Activity: 1736
Merit: 121
The Bitcoin halving is completed, the block reward is down a half. So, I think If the Bitcoin not increase, many minner will shut down their equipments,the bitcoin blockchain system will be bad effect. The system will be delay, the transaction will be pending and The performance of the system will be seriously reduced. This is very dangerous

Can this be the reason for some delay in transaction ? Since the halving, I have witnessed that delivery of transaction has been delayed and this is creating some uncertainty so for now, I don't really know as market going but I look for a drop to buy more.
hero member
Activity: 840
Merit: 524
Yes!
1.   Massive Printing of Fiat Currency.

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.

Definitely not my dream scenario  Shocked
hero member
Activity: 2086
Merit: 603
Thousand threads like these and the answer is no, nothing is gonna change anytime soon for bitcoin world. In fact it’s gonna be even better than yesterday. I mean this is the case all time. Each time bitcoin is going ATH.

So let’s just accept the fact that over the time it’s more or less our hero.
member
Activity: 2044
Merit: 16
Bitcoin halving is there, no questions ask but people wanted profit by all means, that's why people sell when price is mooning and that's quite the harsh truth about it, no denying that bitcoin's price can be manipulated by big whale investors. Nevertheless, bitcoin is still the future and no one can defy that and still volatile whatever be the angle we looked at. Despite all that, bitcoin will still soar high organically because new adopters are still on the process.
hero member
Activity: 2968
Merit: 913
The environment you are describing is perfect for speculation and growing a Bitcoin price bubble.It's far away from perfect,when it comes to mass Bitcoin adoption and global recognition of Bitcoin Core as a trusted and secure currency/store of value.
Mass printing of US dollars doesn't make Bitcoin more valuable.It only makes the US dollar less valuable.
It has been proven so many times that the BTC halving doesn't have a direct impact over the BTC price.
This global recession is very different than the 2007-2009 crisis.The economy might recover pretty fast.
hero member
Activity: 1932
Merit: 622
We have the absolute DREAM SCENARIO for BitCion  Grin Grin Grin
By the way, it should be Bitcoin

1.   Massive Printing of Fiat Currency.
What do you mean of this? Massive printing of fiat currency? There must be rules and regulations by the government in each country regarding the Printing fiat currency? Can it not be massive at all? it should be based on the regulation, shouldn't it?

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.
From the beginning, we have known and noticed that BTC is volatile, very volatile and we cannot expect it to be stable. BTC is not a stable coin. But, this is the reason why I love this coin because I can make profits from it. That is the reality.

3.   BitCoin Halving just took place a few days ago.
You are right, it was done some days ago. that is why we cannot expect too much to see the high pump of the BTC price. It should take a certain time to pump in bullish time. And when it be? We cannot determine it immediately. probably some months later.  Grin

At least, BTC, in reality, has given me more cash every time I need money, especially in this pandemic. BTC can give me more profits through trading although it is not as high as the other traders.

The reality, the people who really expect BTC too high to be rich only in a short time or only overnight because of BTC are those who are dreaming. BTC will not make us rich in one night. there must be a process and I love enjoying the process and progress.
hero member
Activity: 2128
Merit: 524
It's working out great for me, OP. I bought Bitcoin for much less than its price today with a hope of at least being able to get the same value out of it in a few years and avoid inflation. I got like 3 times more value as a bonus from this perfect asset that just keeps on giving.

How about you? You were negative before the halving and did not buy - price went up from 6000 to 10000. Then it went down to 8000 to give all those late for the party a chance to reconsider. You didn't buy and boom it went back up to 10000. How do you feel when life changing opportunities come and go while you watch?
jr. member
Activity: 116
Merit: 3
We have the absolute DREAM SCENARIO for BitCion  Grin Grin Grin

1.   Massive Printing of Fiat Currency.

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.

3.   BitCoin Halving just taken place a few days ago.


These things were supposed to be ROCKET FUEL for the price of BitCoin, but more people are selling BitCoin than buying, hence the price drops...  Most rational investors are accepting reality, and getting out before the hammer falls and BitCoin drops again.

If BitCoin price can not go up in what should be the best environment in its history, it never will  Cry Cry Cry

TALK IS CHEAP:   Most people are looking at reality, and have voted with their wallets...

Hard Facts

every one expect to bitcoin get over than 20k after halving! this will take time 10k was the best price after halving and we see 8200 after that also .when any coin go up like that we will see some low price 100% to recovery that.then we can see high prices again.next high target is near 12/13k
member
Activity: 330
Merit: 12
The Bitcoin halving is completed, the block reward is down a half. So, I think If the Bitcoin not increase, many minner will shut down their equipments,the bitcoin blockchain system will be bad effect. The system will be delay, the transaction will be pending and The performance of the system will be seriously reduced. This is very dangerous
sr. member
Activity: 1568
Merit: 283
I guess people are selling their coins because they believe that the price of Bitcoin is going to fall. Some believe the price will decline because it's being said that miners might drop out due to rewards being less than they expect.

I am not sure that what might happen next after now, investors are now selling their coins and the market is dropping and such a thing might even lead to the miners dropping out. And like you have said, this is the perfect time for Bitcoin to increase, but it's not everyone that sees it that way, some are thinking that now is not the right time to start investing in anything because they need more fiat to take care of themselves and their family.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
You are correct to post prices, but you pick only dates that support your point....

You chose the timing by posting those topics on those dates.  I'm merely pointing out what you did and how your own topics don't even support the point you are trying to prove.


You are correct that there has been some nice run up's in BitCoin recently, but the huge run up that has been hyped for a very long time now due to the halving DID NOT HAPPEN....  

Look at the last two halvings.  It didn't happen right away with those either.  When you say:
One other prediction I will make:   If the BitCoin price goes way down, YOU will be dishonest, come up with a bunch of BS, twist, deceive, anything required to support your religious belief, even when faced with overwhelming proof   

I'm not dealing in extremes like you are.  You literally just said the price will NEVER go up.  I'm not saying anything nearly that ridiculous to warrant proof.  My stance is that prices will continue to be volatile.  There will be highs and lows, but the general long-term pattern tends to be upwards.  There may be another sharp drop in future, but if there is, it's certainly not the end, as you would have people believe.
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