Forget Bitcoin Halving! | Bitcointalksearch.org

DreamStage

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You can't think of removing specific bitcoin events such as the halving just because price rise is not 100% direct to it

It's a thing that diverse situations potential his value, rather that you can use halving to wait for a more bigger price boost.

The points you have mentioned along with halving is what makes Bitcoin such an active and productive valuable coin.

Halving is just a plus add on to the table from all bitcoin existing ingredients that boost his current state.

Aikidoka

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There's a lot of events will happen in the future that can help bitcoin's price increase, such the OP said about the halving that it will happen in 2020 as well as the implementation of the largest coffeshop which will accept bitcoin, it will be so good because we'll see a daily use of bitcoin and it's gonna help bitcoin to get more value and it's gonna be spread to a lot of people. I'm sure that bitcoin's price will increase a lot starting by 2020 and probably at the ending of it, bitcoin will reach the 20k$ or maybe more.

Naficopa

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Quote from: JohnBitCo on November 23, 2019, 12:29:54 PM

Quote from: ampu on November 20, 2019, 01:59:03 PM

Quote from: BitcoinsGreat on November 20, 2019, 10:15:35 AM

Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

Bitcoin Halving is a big event and cannot be ignored. It will be very interested to see the bitcoin price movements before and after the halving. Also we need to compare how the bitcoin price behaved in the last halving and for sure it will follow the same pattern this time also.

I agree with you on the final price action to make sure that bitcoin will happen as expected but with a currency that is as manipulative as bitcoin, I am confident that there will be no model certainty. Price because Bitcoin always goes its own way. There are many times when technical analysis cannot be used for evaluation.

Technical analysis once again failed as no one was expecting bitcoin to fall below 7000$ when fundamentally bitcoin looked so strong because of halving. Once again it is proved that bitcoin price movements are mainly because of manipulation and less dependent upon TA or FA.

TA did not work on the cryptocurrency market, because it does not have enough market cap to defend itself against whales manipulation. However, halving is completely different and means that everyone who mine BTC will sell it less to cover costs. Theoretically, the price should double, as they will earn half, so they will sell half.

JohnBitCo

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Quote from: ampu on November 20, 2019, 01:59:03 PM

Quote from: BitcoinsGreat on November 20, 2019, 10:15:35 AM

Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

Bitcoin Halving is a big event and cannot be ignored. It will be very interested to see the bitcoin price movements before and after the halving. Also we need to compare how the bitcoin price behaved in the last halving and for sure it will follow the same pattern this time also.

I agree with you on the final price action to make sure that bitcoin will happen as expected but with a currency that is as manipulative as bitcoin, I am confident that there will be no model certainty. Price because Bitcoin always goes its own way. There are many times when technical analysis cannot be used for evaluation.

Technical analysis once again failed as no one was expecting bitcoin to fall below 7000$ when fundamentally bitcoin looked so strong because of halving. Once again it is proved that bitcoin price movements are mainly because of manipulation and less dependent upon TA or FA.

ampu

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Quote from: BitcoinsGreat on November 20, 2019, 10:15:35 AM

Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

Bitcoin Halving is a big event and cannot be ignored. It will be very interested to see the bitcoin price movements before and after the halving. Also we need to compare how the bitcoin price behaved in the last halving and for sure it will follow the same pattern this time also.

I agree with you on the final price action to make sure that bitcoin will happen as expected but with a currency that is as manipulative as bitcoin, I am confident that there will be no model certainty. Price because Bitcoin always goes its own way. There are many times when technical analysis cannot be used for evaluation.

ampu

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CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM

Quote from: Naficopa on November 05, 2019, 06:30:08 PM

Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

How can you be sure that halving will cause the price of BTC to rise sharply? The fact that this has happened in the past does not give us confidence that it will also happen this time.

I think this is very likely, but in my opinion, adoption in mainstream companies like Starbucks (or hopefully in the future in McDonalds, KFC, Burger King) will have a larger impact on the BTC price increase.

What happened in the past will continue to happen in the future. I and everyone have the same belief that bitcoin will soon reach a higher target. This is all just a prediction, but when many people have the same belief, they will buy them and the truth will happen.

BitcoinsGreat

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Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

Bitcoin Halving is a big event and cannot be ignored. It will be very interested to see the bitcoin price movements before and after the halving. Also we need to compare how the bitcoin price behaved in the last halving and for sure it will follow the same pattern this time also.

kaya11

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Either way, thinking or not, it would benefit the entire bitcoin community. It will boost its popularity, people from all over the world will be in shock of the price sky rockets again. One of the reasons that most of the people stays in bitcoin and having faith on it is the halving as it shows good promises in the future the way it did back then. All I am saying is we must consider this and be ready for what comes next when this time comes around.

Naficopa

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Quote from: Reosta_ on November 05, 2019, 05:49:18 PM

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

How can you be sure that halving will cause the price of BTC to rise sharply? The fact that this has happened in the past does not give us confidence that it will also happen this time.

I think this is very likely, but in my opinion, adoption in mainstream companies like Starbucks (or hopefully in the future in McDonalds, KFC, Burger King) will have a larger impact on the BTC price increase.

EdenHazard

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Quote from: Macadonian on November 05, 2019, 02:05:47 PM

Quote from: ILuckyGuyI on November 05, 2019, 02:02:53 PM

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

The news of Bitcoin halving does not have any long term issues with adoption or the price. The Bitcoin halving just means that from now on the block rewards are going to be in lesser amounts which means the process of obtaining Bitcoin via mining will take a lot longer. That does not effect most people who are using Bitcoin unless they are mining themselves unless you count this as a positive because less and less Bitcoin is being made available every passing day which probably means trade volume will reduce and Bitcoin will become more desired.

First of all if the news is true that Starbucks integrating with Bakkt bitcoin wallet to make a direct bitcoin payment ... then everyone would be rejoice with this mass adoption come so early unexpectedly.

Not to mention a bitcoin halving that could happened in the next 6 months... we are in a clear bullish, the mass adoption rumours would trigger FOMO from now on till the chosen date bakkt launched their own consumer app for the Starbucks bitcoin payment.

You can't say there's nothing to do with bitcoin price when it comes to bitcoin halving... it always do have huge impact!

Reosta_

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Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.

Expecto

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It seems to me too that nothing can stop Bitcoin to reach way better levels and be much more helpful in various fields. Eventually, the governments won't be able to avoid digital currencies.

Hannu

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Yeah, but it does not affect then only mining pool ASIC hashing BLOCKIE reward, now its 12,5 BTC

Shenzou

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Quote from: Macadonian on November 05, 2019, 02:05:47 PM

Quote from: ILuckyGuyI on November 05, 2019, 02:02:53 PM

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

The news of Bitcoin halving does not have any long term issues with adoption or the price. The Bitcoin halving just means that from now on the block rewards are going to be in lesser amounts which means the process of obtaining Bitcoin via mining will take a lot longer. That does not effect most people who are using Bitcoin unless they are mining themselves unless you count this as a positive because less and less Bitcoin is being made available every passing day which probably means trade volume will reduce and Bitcoin will become more desired.

Actually it does have a big impact on the price and directly, because if you think about it if people are using the same hardware to mine half of the the amount of the bitcoin that we are getting today that means that the supply is going to drop significantly, and less supply and the same demand leads to increase of price, and as we saw an increase of price leads to more people and that keeps the ball rolling until something happens to ruin the party, but i am confidant that this year we will see bitcoin get some attention and some major adoptions for many companies if all things goes well.

Mahanton

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Quote from: Pamadar on November 05, 2019, 11:26:57 AM

Quote from: ?? on ??

I didn't expect Bakkt to be this big actually. I was kind of losing hope that this will be just be of nothing after its launch from the past month due to sudden fall of Bitcoin price from 10k to 7k.
I heard this news already about Starbucks adopting Bitcoin before but I guess paying your coffee with the newly launched app would be pretty nice though.
I wouldn't mind having a stop into my nearby coffee shop to buy Espresso with my own hodled cryptos.

It's giving thrill to our everyday life, what else if more establishment will start embracing the same system and you can use bitcoin to anything around. The BAKKT project will bring more interesting success to bitcoin, aside from being store assets type for investment if apps shows up accepting your daily needs can be purchase using your crypto it will also attract more people to patronize the system. Expect to have more good news incoming months or years to this industry.

As years progresses and so as with adoption then theres no doubt we would really be heading up to that scenario.We might not see a full adoption but at least we are seeing merchants that do consider out on accepting this new way payment system.Adoption is on the move,it might not able to meet up our expectations when it comes to full consideration but at least we are seeing some progress on here.

Macadonian

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Quote from: ILuckyGuyI on November 05, 2019, 02:02:53 PM

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

The news of Bitcoin halving does not have any long term issues with adoption or the price. The Bitcoin halving just means that from now on the block rewards are going to be in lesser amounts which means the process of obtaining Bitcoin via mining will take a lot longer. That does not effect most people who are using Bitcoin unless they are mining themselves unless you count this as a positive because less and less Bitcoin is being made available every passing day which probably means trade volume will reduce and Bitcoin will become more desired.

ILuckyGuyI

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Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

Pamadar

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Quote from: ?? on ??

I didn't expect Bakkt to be this big actually. I was kind of losing hope that this will be just be of nothing after its launch from the past month due to sudden fall of Bitcoin price from 10k to 7k.
I heard this news already about Starbucks adopting Bitcoin before but I guess paying your coffee with the newly launched app would be pretty nice though.
I wouldn't mind having a stop into my nearby coffee shop to buy Espresso with my own hodled cryptos.

It's giving thrill to our everyday life, what else if more establishment will start embracing the same system and you can use bitcoin to anything around. The BAKKT project will bring more interesting success to bitcoin, aside from being store assets type for investment if apps shows up accepting your daily needs can be purchase using your crypto it will also attract more people to patronize the system. Expect to have more good news incoming months or years to this industry.

puertorikosena

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Really. A lot of people are waiting for the approval of the authorities for the use of bitcoin and think that if there is no approval, then the cryptocurrency also has no future. In fact, no one and nothing can affect bitcoin and its extraction. Its price can be completely different (including very high) and in a short time bitcoin will be considered truly digital gold.

peempeem

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