Topic: Does Pump is Coming - page 4. (Read 2502 times)

Quote from: asyakashi on March 27, 2019, 09:36:49 AM

Pump times are most certainly coming. Once their asics machines start churning out some hashes it will all be clear which way the market is moving. Green candles will be everywhere

Yeah that is true buddy miners will be back on operation this coming 2020 halving just be positive pump up is on our way, but right now we need more patient because bear market is not yet fully stop until now.

What I do not understand is, if BTC's current price is lower than mining expenditure, why do not they buy the BTC with fiat? Maybe a little cheaper, but is it still worth the effort?

Let's wait, there are some strong reasons to hold.
but we must prepare other plans to anticipate other situations, we never know. and crypto always gives a surprise and a little tension

Users expect growth forever which is not promised with bitcoin. The expectation grew bigger once the market gave a surprise growth reaching close to $20000. This way we've got reason to hold bitcoin. Another thing, the tension provided by bitcoin is very big. More users out of the tension end up the use of cryptocurrency.

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It is difficult to predict that, but the market will not deteriorate forever, and for 2019 the market will be able to gradually recover and will be far better by entering 2020.

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Quote from: mrdeposit on March 26, 2019, 06:54:35 AM

Quote from: Netnox on March 26, 2019, 12:41:36 PM

Pump times are most certainly coming. Once their asics machines start churning out some hashes it will all be clear which way the market is moving. Green candles will be everywhere

Yeah that is true buddy miners will be back on operation this coming 2020 halving just be positive pump up is on our way, but right now we need more patient because bear market is not yet fully stop until now.

What I do not understand is, if BTC's current price is lower than mining expenditure, why do not they buy the BTC with fiat? Maybe a little cheaper, but is it still worth the effort?

Let's wait, there are some strong reasons to hold.
but we must prepare other plans to anticipate other situations, we never know. and crypto always gives a surprise and a little tension

That makes everyone's thoughts about the crypto world keep repeating because I think before you know crypto you already know the crypto world isn't a definite world that always makes a profit.

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I don't know how this can be sustainable. With each block reward halving, less and less coins will be mined. If the prices don't go up exponentially, then sooner or later these mining farms will be forced to cease their operations and file for bankruptcy.

I think the more probable scenario is that only a part of miners will quit the game. And for those remaining it will be easier to get the rewards, so they'll stay. Even at today's prices, around $4,000 per 1 BTC, mining rewards are pretty inspiring.

12.5 x $4,000 = $50,000

That's how much, plus transaction fees, miners are getting currently every 10 minutes. Just think of it, those are decent monthly earnings for 25 people. Since approximately 4,320 blocks mined per month

4,320 x 25 = 108,000

we can see that at least 100,000 miners would remain today in a any case, and at least 50,000 miners would remain if the block reward were two times smaller than it is currently.

I'm not saying the price of BTC will not rise, but that will happen rather because of the higher adoption than because of the upcoming halving. Miners don't, and can't, dictate the prices.

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Quote from: mrdeposit on March 26, 2019, 06:54:35 AM

Quote from: sulendra12 on March 26, 2019, 12:49:35 PM

Pump times are most certainly coming. Once their asics machines start churning out some hashes it will all be clear which way the market is moving. Green candles will be everywhere

Yeah that is true buddy miners will be back on operation this coming 2020 halving just be positive pump up is on our way, but right now we need more patient because bear market is not yet fully stop until now.

What I do not understand is, if BTC's current price is lower than mining expenditure, why do not they buy the BTC with fiat? Maybe a little cheaper, but is it still worth the effort?

Let's wait, there are some strong reasons to hold.
but we must prepare other plans to anticipate other situations, we never know. and crypto always gives a surprise and a little tension

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Quote from: Moshaid on March 26, 2019, 11:01:51 AM

Let's just keep our fingers crossed, high expectations is among what kills an investor. Instead of waiting for a huge pump that's not guarantee to happen in 2020, l

That's a rule of thumb. We shouldn't set a high expectation on something, because when the result is not something that you expected you would be mad and you will be regret for whatever reason. Just think real, dreaming is okay but getting over the fact is not okay.

This is human mind, and this is how every common people think. Expecting big isn't wrong, because it has already happened with the cryptocurrency. Upon the same people expect such a market recovery. They never understand the time period it took to reach the same. As the market is unpredictable, anything could happen, let's hope best to happen.

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Quote from: Moshaid on March 26, 2019, 11:01:51 AM

Let's just keep our fingers crossed, high expectations is among what kills an investor. Instead of waiting for a huge pump that's not guarantee to happen in 2020, l

That's a rule of thumb. We shouldn't set a high expectation on something, because when the result is not something that you expected you would be mad and you will be regret for whatever reason. Just think real, dreaming is okay but getting over the fact is not okay.

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Quote from: Pab on March 02, 2019, 06:30:16 AM

There is interesting article on http://bitcoingape.com/chinese-miners-to-activate-over-1-million-asics-ahead-of-2020s-halving/

It looks like miners from China what has to suspend his operation are coming back because of 2020 halving
optimistic news if real

I don't know how this can be sustainable. With each block reward halving, less and less coins will be mined. If the prices don't go up exponentially, then sooner or later these mining farms will be forced to cease their operations and file for bankruptcy.

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Let's just keep our fingers crossed, high expectations is among what kills an investor. Instead of waiting for a huge pump that's not guarantee to happen in 2020, let's sit back on how we can make some money in the bearish market. Good things don't just come easily we need to structure the market ourselves not until some whale in any part of the world decides to.

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Quote from: Karie_Legend on March 26, 2019, 09:46:42 AM

Looking at history, last bullrun started sth like a year/half a year before halving,so next pump could be closer than we think.
I think it's good time to start buying.

There are many steps you must take to buy if prices will continue to grow. but don't forget the great opportunity to buy at a low price today.

you're right, it can be said that now is a time when prices are quite low. I think that this is an opportunity to collect bitcoin assets, or ETH in large enough quantities. I believe that there will be a pump this year. however, every month the potential of bitcoin is always high...

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Quote from: anggi on March 26, 2019, 06:56:16 AM

Looking at history, last bullrun started sth like a year/half a year before halving,so next pump could be closer than we think.
I think it's good time to start buying.

There are many steps you must take to buy if prices will continue to grow. but don't forget the great opportunity to buy at a low price today.

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Quote from: asyakashi on March 26, 2019, 06:43:04 AM

I don't really hope for this year, but my belief in 2020 is a real year for the increase in bitcoin.
Halving is the right reason, the other news is not very valuable in my opinion.

actually, we all wait for that to happen. but we know that it is quite difficult to guess. we all wait for the pump to occur this year. I thought that before the end of the year, the price of bitcoin would pump quite high.

no, it is wrong if you wait until it rises again because there are now many who are trapped in expensive prices and many are holding back their assets not to sell at low prices because they have confidence that the cryptocurrency price will become expensive again.

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Quote from: Pab on March 02, 2019, 06:30:16 AM

There is interesting article on http://bitcoingape.com/chinese-miners-to-activate-over-1-million-asics-ahead-of-2020s-halving/

It looks like miners from China what has to suspend his operation are coming back because of 2020 halving
optimistic news if real

I also wait for this moment when this halving gonna happend at 2020 May and hopefully we will see another increase as happend 2017, so it's the closest real moment when we can expect change of graphs to up. But other things can also manipulate the price, but in real i think this one is more predictable

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Quote from: asyakashi on March 26, 2019, 06:43:04 AM

I don't really hope for this year, but my belief in 2020 is a real year for the increase in bitcoin.
Halving is the right reason, the other news is not very valuable in my opinion.

actually, we all wait for that to happen. but we know that it is quite difficult to guess. we all wait for the pump to occur this year. I thought that before the end of the year, the price of bitcoin would pump quite high.

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Quote from: Red-Apple on March 26, 2019, 05:34:31 AM

Pump times are most certainly coming. Once their asics machines start churning out some hashes it will all be clear which way the market is moving. Green candles will be everywhere

Yeah that is true buddy miners will be back on operation this coming 2020 halving just be positive pump up is on our way, but right now we need more patient because bear market is not yet fully stop until now.

What I do not understand is, if BTC's current price is lower than mining expenditure, why do not they buy the BTC with fiat? Maybe a little cheaper, but is it still worth the effort?

asyakashi

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I don't really hope for this year, but my belief in 2020 is a real year for the increase in bitcoin.
Halving is the right reason, the other news is not very valuable in my opinion.

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Looking at history, last bullrun started sth like a year/half a year before halving,so next pump could be closer than we think.
I think it's good time to start buying.

there has been no "pumps" in bitcoin ever since 2013 where Mt Gox pumped bitcoin to $1200 and then crashed it while making their exit scamming people.
and i don't see that changing specially since market is growing so much bigger it is becoming impossible to "pump" bitcoin.

all we can have is rising to the moon. and that is already starting.

I would be happy to agree with you, but unfortunately this is hardly the case. Look at the table from the link below

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Over 7 million BTC reside in around 0.01% of addresses, which means that big whales are still there. I know some of the addresses belong to big exchanges, but not all of them. That's why the price goes down shortly after each rising, the whales start selling their coins. They don't want to sell it "too cheap", but if you can get a million USD after selling just a tiny part of BTC you have, you do it, right? I don't blame them, I guess we just have to wait a bit more.

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