Topic: Bitcoin Price Rises to $20-$50k After Halving...Thoughts? - page 3. (Read 1479 times)
Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ 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.
the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.
The next year is going to be extremely interesting, everyone is expecting the market to go up in value very rapidly but what will happen if we see the opposite? What it is going to happen to all of those people that claim the market will go up when the market does the opposite?Most likely they are going to panic and they will sell their coins as the price of bitcoin is going down and this will create the perfect opportunity for those that are holding cash to obtain bitcoin at a very cheap price.
I don't expect it to go up rapidly , I'm very skeptical we will see 8.000 this year
next year is for sure going to be interesting , but will the market go , we can only speculate
the chances are it goes up because of the impending block halving , but this is going to be a process
usually , small and ineffective miners stop mining , hence they do not dump their mined coins anymore , hence the value of each coin in circulation increases
but again - it is all theory , the reality could be way more bitter and I would not exclude revisiting 3-4k too , literally any scenario can happen
the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.
The next year is going to be extremely interesting, everyone is expecting the market to go up in value very rapidly but what will happen if we see the opposite? What it is going to happen to all of those people that claim the market will go up when the market does the opposite?Most likely they are going to panic and they will sell their coins as the price of bitcoin is going down and this will create the perfect opportunity for those that are holding cash to obtain bitcoin at a very cheap price.
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?
I said something similar in another thread I started. I think the halving is a catalyst for a bull run and even a price bubble. I think it will start before the halving and it will last for as much as 2 years.
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 
I will be happy if bitcoin reaches 15000 $ price and stay there firmly. That will bring more investors towards bitcoin and due to scarcity price will go up. Only coin halving will be of no use if we don't have many people seeking bitcoin. Why somebody will buy bitcoin that has almost no real world usage and is declared illegal by many countries.
I don't think investors would be driven by that huge price to invest because they would think they are buying at the peak. And Bitcoin wouldn't be stable with that price because I'm pretty sure some small fishes will try to make some profit out of it. Expect a drop and high volatility because somehow it is still closer to the ATH of Bitcoin price before.Post halving wouldn't make the market rage straight to that price range. History reveals that it takes more than a year to see the price skyrocket.
I still remember that many famous investors and large hedge funds also predicted Bitcoin price to rise to $ 20k by the end of 2019. But for now, the truth is that Bitcoin price is only at $ 7000. and there are many signs of a discount, so you should not trust the predictions that come from them. Nor should it be overconfident and hope that Bitcoin price will increase after halving, Previous halving events have helped BTC increase, but this time it may not be like that because there are so many people holding BTC and optimistic with this..
This is an unpredictable market, so we just need to monitor the market and accept the actual price.
This is an unpredictable market, so we just need to monitor the market and accept the actual price.
I will be happy if bitcoin reaches 15000 $ price and stay there firmly. That will bring more investors towards bitcoin and due to scarcity price will go up. Only coin halving will be of no use if we don't have many people seeking bitcoin. Why somebody will buy bitcoin that has almost no real world usage and is declared illegal by many countries.
the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.
that's their stupidity, why should they say the amount of the price whereas if we say going to the moon is much better, I'm afraid it will indeed hurt many people if it is not according to predictions, but here is the importance of not needing to say a definite price, just say go to that month would be better, confusing the whales to play with prices, no compulsion to believe it or not, but usually this is what happens when history repeats itself, I think everything is ready now to welcome 2020 soon, whatever happens to bitcoin everyone will accept the fact
the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?
It is very easy to say that bitcoin is going to reach a certain amount of money when a big event like the halving happens, but the first question that comes to my mind is where all that money is going to come from?Because in order to reach the high range of that prediction we are going to need a massive amount of money to come to the market in a relatively short amount of time and I'll be honest I do not see it happening that fast because as the price of bitcoin keeps going up the more difficult it is to mantain that tendency and the more difficult it is to mantain that price and that growth.
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?
I know that people's expectations of halving are quite large. but, don't be so hopeful that the price can exceed the price of $ 20k. Well, that's just a prediction, it can or may not happen. although the price of bitcoin can have a high price after halving, but, I don't really expect at such a high price. however, don't be so hopeful about that. 
everything is possible in the crypto market and maybe bitcoin can pump up to $ 50,000 after halving. and if we look at the bitcoin graph bitcoin will pump up a year after halving. but I am also a little doubtful whether next year's halving day has the same pattern as the 2016 halving day because the current bitcoin market conditions are different from 2016.
but I and all bitcoin holders always hope that bitcoin is bullish next year. because we've been on the bear market for two years.
but I and all bitcoin holders always hope that bitcoin is bullish next year. because we've been on the bear market for two years.
Two years was too long, and I it was so hard to be back to the progressive pumps. Many people has been frustrated to see good price recover at great situations. It's was still unpredictable, but possible, no one knows when it could correct the failures. Even though we see good chart trends, but it doesn't give us confidence that pumping market initiate nice movements.
two year or more wont never be too long for a person that has a patience and is willing to wait . there was no hard for btc , didnt you notice that any hard obstacles back then are all passed by btc ? so we can now say that btc is a strong coin and how much more in the future ? for sure it will easily bypass those hardships that will come to him . seeing good charts can give people a hope but some would find that not enough to make them confident .
maybe for people who already feel the benefits of investing in bitcoin and people who have big capital waiting two years is not too long. because they have already felt the benefits of bitcoin. but for people who are just investing in bitcoin and buying bitcoin in 2018 when the price of bitcoin is high, of course waiting for two years is a long time because what they feel is not profit but loss. because the value of bitcoin has continued to decline since 2018. so we must have patience to be able to successfully invest in cryptocurrency.
People are forgetting that the person who said bitcoin will be $20-$25k (which I am not saying won't happen) is the guy who is in charge of everyone's money being in bitcoin.
If that dude came out and said "bitcoin will go down to $3k" then all of his customers will want their money back, he is responsible of many peoples money being in bitcoin which means he needs bitcoin to go up in order to make a profit so that he could share his profits with the customers and get a share of it himself as well, bitcoin going down would be horrible for his business.
So, we are talking about a guy who has an incentive for bitcoin to go up so he says it will go up, he is basically looking for more customers while saying it. That is why I don't trust him and I don't trust his instincts. Having said that, I think what he said could still come out to be true.
If that dude came out and said "bitcoin will go down to $3k" then all of his customers will want their money back, he is responsible of many peoples money being in bitcoin which means he needs bitcoin to go up in order to make a profit so that he could share his profits with the customers and get a share of it himself as well, bitcoin going down would be horrible for his business.
So, we are talking about a guy who has an incentive for bitcoin to go up so he says it will go up, he is basically looking for more customers while saying it. That is why I don't trust him and I don't trust his instincts. Having said that, I think what he said could still come out to be true.
It might, it might not.
The estimated time for this halving is predicted to be between May 13 to 24, 2020. And truth be told anything can happen between that time. Though, if the halving occur within that time, I don't see it reaching $50k though but below it.
But on the scenario when the halving occur on time, expect nothing more than $15k; cause we are not sure if the price will even be affected.
The estimated time for this halving is predicted to be between May 13 to 24, 2020. And truth be told anything can happen between that time. Though, if the halving occur within that time, I don't see it reaching $50k though but below it.
But on the scenario when the halving occur on time, expect nothing more than $15k; cause we are not sure if the price will even be affected.
Based on the S/F ratio it always takes some time that the market adapts to the supply shock. So 50k are out of this world before or around the halving. But these price levels are not so surprising anymore a few months afterwards.
Edit: If history repeats itself
It might, it might not.
The estimated time for this halving is predicted to be between May 13 to 24, 2020. And truth be told anything can happen between that time. Though, if the halving occur within that time, I don't see it reaching $50k though but below it.
But on the scenario when the halving occur on time, expect nothing more than $15k; cause we are not sure if the price will even be affected.
The estimated time for this halving is predicted to be between May 13 to 24, 2020. And truth be told anything can happen between that time. Though, if the halving occur within that time, I don't see it reaching $50k though but below it.
But on the scenario when the halving occur on time, expect nothing more than $15k; cause we are not sure if the price will even be affected.
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?
I do really want to believe in this case because it did happened last 2017 but the thing is, not everything would happen the same as usual. But let us all put our hopes on because it is for the benefit of us. So, with all these predictions and stuff, we still must observe possibilities specially when we are a trader or investor in which we must worried about.
what happened in 2017 wasn't to our benefit , it was a temporary bubble that could not be sustained
I don't want the same happen and would prefer a steady rise backed up with the global adoption and more awareness about bitcoin and blockchain and its benefits
all of the predictions like that are simply PR stunts and are useless , where are all of the predictors who promised six figures ?
none of it came through and the reality , as usual , is going to be slightly different to what we expect
do not count out black swans and hope for better , but do not get disheartened if the price stays in the same range after the halving
it is unlikely , because historically we see a parabolic eventual increase in between the halvings , but not impossible at all
including a price dropping too , by the way
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?
I do really want to believe in this case because it did happened last 2017 but the thing is, not everything would happen the same as usual. But let us all put our hopes on because it is for the benefit of us. So, with all these predictions and stuff, we still must observe possibilities specially when we are a trader or investor in which we must worried about.
I am not entirely sure about the spread here, 20 thousand dollars is not something impossible for us, it is only 3x increase and bitcoin could make that kinda leap if it gets a hype or a big bull run, it has been done before and the price wasn't around $7k-$8k when it happened, it started off at around $3k-$4k and went as high as 20k back in 2017, so we all know that 3x is definitely possible if x5-x7 is possible.
However, $50k looks waaay too much, even with that kinda of math 7x from here would equal to $50k and I am not sure if 7x from here is the same as $7x from $3k so I feel like that is a bit of a stretch. I see at somewhere around 15-25k levels as more realistic approach, I do hope it becomes $50k, I hope it becomes a million dollars but realistically $15k-$25k levels are more in our levels.
However, $50k looks waaay too much, even with that kinda of math 7x from here would equal to $50k and I am not sure if 7x from here is the same as $7x from $3k so I feel like that is a bit of a stretch. I see at somewhere around 15-25k levels as more realistic approach, I do hope it becomes $50k, I hope it becomes a million dollars but realistically $15k-$25k levels are more in our levels.
A lot of news about the rise of bitcoin after halving and it is only at once promoting its own website in the name of the prediction that it's an expert.
Whatever happens before halving or after halving there must be a change. I only think positively to go up so I can't conclude that bitcoin will jump to a few tens of dollars.
Because predictions are always bullshit we can only prove it after halving happens.
Much better to observe much deeper than to believe with those speculations which mostly proven to wrong. People are no longer buying the news about this they prefer to research and do things that will help them to analyze well before making any decision whether to invest or to keep waiting for much better position from the market. Halving will bring positive effects as most of the time investors and traders are more active during this seasons plus the playing whales who are also taking business when there's something good inside the market.Whatever happens before halving or after halving there must be a change. I only think positively to go up so I can't conclude that bitcoin will jump to a few tens of dollars.
Because predictions are always bullshit we can only prove it after halving happens.
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