Bitcoin Price Rises to $20-$50k After Halving...Thoughts? - page 2.

bitcoindusts

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Quote from: smyslov on January 13, 2020, 11:13:03 AM

Quote from: cryptozink on December 10, 2019, 08:43:20 PM

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

Everyone and anyone can predict experts and newbies, but in reality the market is very unpredictable, everyone here are caught by surprise one way or the other by Bitcoin's sudden surge or dip, I stopped believing these experts prediction and will just have my own prediction based on past history and analyzing news all i know I have to get more Bitcoin now, because this is the best time.

I agree to that market is very unpredictable but before the price surge or plummet, there is indicators and signs that can at least give us hint on the next possible rally of Bitcoin. Though I see Bitcoin being bullish today, I still can't see Bitcoin reaching $20k this year. My thought, $20k on 2021 is possible.

smyslov

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Quote from: cryptozink on December 10, 2019, 08:43:20 PM

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

Everyone and anyone can predict experts and newbies, but in reality the market is very unpredictable, everyone here are caught by surprise one way or the other by Bitcoin's sudden surge or dip, I stopped believing these experts prediction and will just have my own prediction based on past history and analyzing news all i know I have to get more Bitcoin now, because this is the best time.

plvbob0070

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Quote from: trickshot22 on December 30, 2019, 06:53:35 PM

I hope Bitcoin's price will continue to rise in 2020. Every half has had a positive impact on Bitcoin's price so far. I would be really shocked if this time it wasn't. There is no guarantee for it, of course, but Bitcoin's price has been rising again and again so far. Every time I'm going to cross my fingers to make it happen again.

The rising of bitcoin is still questionable to us but everyone here is believing in it. For me, only the halving event is my reason why I keep on buying bitcoin because some experts also that the price of bitcoin will boom after the halving and I know there is nothing wrong in believing and no one knows if the price of bitcoin will really go up again so why not keep on believing. I will keep on believing until bitcoin back on its all-time high price.

magneto

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It's not an outrageous prediction, but that doesn't make a prediction true necessarily.

This is definitely more realistic than certain people's predictions of BTC in 2020 (cough cough McAfee), but honestly, given the fact that markets are significantly more tame now compared to something like 2017 it's hard to predict exactly how much the markets will rise by.

I would generally refrain from making predictions at all about the price in a concrete way, but prices should benefit positively from the halving for sure.

thisnewcoin

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I appreciate his prediction. Because it's possible for Bitcoin to surpass the 20K USD zone after the halving and highest it can go to 50K USD! Though personally, I think Bitcoin price will be 16-25K USD within 2021, and the halving effect may come after 12 months from its launched date!

jhonjhon

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I doubt it, $20000 or $50000 is a big amount and I don't think bitcoin will go that far after halving but who knows, bitcoin is good at surprises and maybe it will reach $50k, just hope it will indeed go up to another all time high this year.

Silberman

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Quote from: trickshot22 on December 30, 2019, 06:53:35 PM

I hope Bitcoin's price will continue to rise in 2020. Every half has had a positive impact on Bitcoin's price so far. I would be really shocked if this time it wasn't. There is no guarantee for it, of course, but Bitcoin's price has been rising again and again so far. Every time I'm going to cross my fingers to make it happen again.

It will most likely happen that the price is going to increase after the halving, what we do not know is exactly when that process is going to begin and how big is going to be the increase in the price of bitcoin, however if you are a long term holder that doesn't really affect you since the only thing that you need to do is to keep holding your coins, but if you are a trader then you need to find a way to try to guess when that will happen so you can sell your coins at the top.

BartS

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Quote from: philipma1957 on December 25, 2019, 11:04:39 PM

Quote from: sureshnsnet on December 11, 2019, 01:19:28 AM

As per my knowledge, the bitcoin price will be going to hit an all-time high again because there are so many reasons I can give examples.

1) I know that the past halving happened in bitcoin between 2016 to 2017 within a year's the bitcoin price has gain around 10x more until all-time high.

bitcoin has increased 10x after 2016 halving, I hope that we can expect same thing will happen in 2020. and hedge fund manager Charles Hwang also given about bitcoin price predicts it will be 100k during the next halving and more positive talks going around the crypto market maybe it will give more boot for it.

the 1/2 ing was in may 2016.

19 months later coins were near 20000.

so may 2020 would mean coins will peak in dec 2021.

and that would be if we get a repeat.

And we are not going to get an exact repetition of what happened back then, people keep looking for patterns in the markets that simply do not exist, the previous halving eventually brought great profits to the market and we should be happy about it but that is the past we need to concentrate in the future.

And I have huge doubts the price will go up in the same way, the whales are going to play with that enthusiasm and when people get desperate and complain about the lack of growth and they sell their coins that is when the next bull market will appear.

trickshot22

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I hope Bitcoin's price will continue to rise in 2020. Every half has had a positive impact on Bitcoin's price so far. I would be really shocked if this time it wasn't. There is no guarantee for it, of course, but Bitcoin's price has been rising again and again so far. Every time I'm going to cross my fingers to make it happen again.

Bossian

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50k area is possible but not before 2023 or 2024. Signals for a bear market in 2020 are still clear and in action for now, and probably for a while.
Halvening won't have an effect before 1 year and half or two years.
The good signal is the stock to flow ratio, there was a massive spike recently and last time we saw such a spike, Bitcoin price went up 800%, that's why 50k area is possible. However last time it took more than a year to see a 800% increase (mid 2016 to December 2017). This time it should be at least the same if not longer (be patient and better wait for 2023-2024 is my opinion).

Wexlike

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Quote from: buwaytress on December 28, 2019, 10:26:57 AM

Quote from: davinchi on December 26, 2019, 11:00:34 AM

The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

Not so much that nobody believes in those prices, I think plenty of actual longtermers do, but they're all patiently waiting for it. And for most, that's not even the end game, simply a milestone onwards to a next, higher, target. If there are maximalists who believe in 20 and 50k, you can be sure they have an eye on 100k, 200k, and perhaps even more, simply waiting for the right time.

You've to remember also, their patience is for a timeframe of 5-10 years, if not longer. Anything from now till then is just accumulation time. So enjoy the 4-digit price ranges while they last.

I expect 200k-300k. And then a normalization for the long-term. One big rally left.

buwaytress

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Quote from: davinchi on December 26, 2019, 11:00:34 AM

The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

Not so much that nobody believes in those prices, I think plenty of actual longtermers do, but they're all patiently waiting for it. And for most, that's not even the end game, simply a milestone onwards to a next, higher, target. If there are maximalists who believe in 20 and 50k, you can be sure they have an eye on 100k, 200k, and perhaps even more, simply waiting for the right time.

You've to remember also, their patience is for a timeframe of 5-10 years, if not longer. Anything from now till then is just accumulation time. So enjoy the 4-digit price ranges while they last.

bitcampaign

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Quote from: cryptozink on December 10, 2019, 08:43:20 PM

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

everyone has their own speculations and analysis, but we as traders need not have to catch this is not a certainty and do not need to take it seriously, I assume this is ordinary speculation even many of which predict prices can be higher than $ 50k, I am not a crypto trading expert who I know is how I can buy bitcoin when it's cheap, I think many people who agree with my thinking buy it when it's cheap

OrangeII

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Quote from: Shinpako09 on December 26, 2019, 01:44:32 AM

Some are speculating that next halving is different from previous and won't have the same effect. Just like others prediction, it is possible, there's a chance for it and at the same time it's not guaranteed. I'm not dreaming of very high price but i'm hoping atleast we set a new ATH again. I'm excited about next halving, not just because of price but if the price goes up again then it's a bit safe to say that history really repeat itself and can expect the same thing again in the following years.

Halving previously made many people think too highly for the next halving. however, currently, the price of bitcoin hasn't even reached $ 10k. so far we can only predict that the price of bitcoin can reach a high price, but people always think that the price of bitcoin can pass its ATH. I honestly don't really hope that the price of bitcoin can pass ATH, but I quite believe that the price of bitcoin can pass the price of $ 10k after halving. that is enough. I don't want to expect too much about the price of bitcoin.

kapalmabur

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Quote from: Rasa nanas on December 16, 2019, 09:20:53 AM

it is only a prediction, it means the possibility of it happening is very small.this year I have read lots of predictions, most say if the price of bitcoin will reach $ 20k this year and the rest say it will reach $ 50k and $ 100k. But reality says something else, and I will wait for the next prediction from these people Roll Eyes

prediction is just a talk from a frustrated person, I don't know if it's just to attract FOMO or even FUD, which is clear Bitcoin must meet the target of $ 19,000 if it wants to skyrocket to $ 20000 or even $ 50000

davinchi

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The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

Shinpako09

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Some are speculating that next halving is different from previous and won't have the same effect. Just like others prediction, it is possible, there's a chance for it and at the same time it's not guaranteed. I'm not dreaming of very high price but i'm hoping atleast we set a new ATH again. I'm excited about next halving, not just because of price but if the price goes up again then it's a bit safe to say that history really repeat itself and can expect the same thing again in the following years.

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Quote from: bitbunnny on December 20, 2019, 12:40:00 PM

Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$. We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.

maybe $ 50k is an excessive prediction, but somehow for $ 20k. we know that halving before the price of bitcoin almost reached that point. bitcoin prices could reach a point of $ 20k in 2020 or 2021 after halving. Well, we don't know but it's still possible, especially when bitcoin shows positive trends when before and after halving.

philipma1957

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Quote from: sureshnsnet on December 11, 2019, 01:19:28 AM

As per my knowledge, the bitcoin price will be going to hit an all-time high again because there are so many reasons I can give examples.

1) I know that the past halving happened in bitcoin between 2016 to 2017 within a year's the bitcoin price has gain around 10x more until all-time high.

bitcoin has increased 10x after 2016 halving, I hope that we can expect same thing will happen in 2020. and hedge fund manager Charles Hwang also given about bitcoin price predicts it will be 100k during the next halving and more positive talks going around the crypto market maybe it will give more boot for it.

the 1/2 ing was in may 2016.

19 months later coins were near 20000.

so may 2020 would mean coins will peak in dec 2021.

and that would be if we get a repeat.

BartS

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Quote from: bitbunnny on December 20, 2019, 12:40:00 PM

Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$. We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.

Without a doubt those predictions are giving values that are simply too high but many people believe that those levels are within reach and that is the problem, even if the price of bitcoin goes up after the halving it is very unlikely that we are going to see such prices, and this brings the question, what are they going to do once they find out that their expectations were completely out of place?

And most people are going to sell their coins once they are unable to reach their goals bringing the price down with them and giving us a great opportunity.

Topic: Bitcoin Price Rises to $20-$50k After Halving...Thoughts? - page 2. (Read 1479 times)