Forget Bitcoin Halving! - page 2. | Bitcointalksearch.org

alyssa85

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Quote from: blckhawk on November 03, 2019, 09:47:07 AM

The news regarding Starbucks is quite huge and its possible impact could be significant to the market. It's one of the most popular premium coffee bars and has a great market of variety of people from the upper to middle class.

People seem to be obsessed with the idea of using bitcoin to buy coffee. I personally doubt many people will use this app because it's more convenient to use cash to make small purchases like this.

I wish bitcoin start-ups concentrated on use cases where it's hard to use fiat but easier to use cryptocurrency. Such as gambling, remittances and so on.

bryant.coleman

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Adoption of Bitcoin by Starbucks (if the news is true), will definitely have a big impact on the exchange rates of Bitcoin. But still I believe that the block reward halving will be having an even bigger impact on the rates. If the Starbucks rumor had a big impact, then we should be seeing Bitcoin rallying in the exchanges now, but that was not the case when the last time I checked the charts. To clarify a bit, nothing is confirmed about Starbucks. Bakkt has made an announcement that they intend to integrate Bitcoin payments in Starbucks, which may or may not be realized in the near future.

karanggatak

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yes I agree with you OP with a lot of positive news about bitcoin now. what we have to do is not get our money out of the market and continue to survive in this market. and if we have money we should add our bitcoin. so that later when bitcoin to the moon we get a big profit.
although maybe later the price of bitcoin will go down before halving we don't need to be afraid and worried. it is whale's market manipulation so they can buy bitcoin cheaper and make big profits after bitcoin splits in 2020.

rmhuntley

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HALA MADRID

Whether the third halving day of Bitcoin in 2020 may next will repeat the history of rising Bitcoin prices increasingly higher..??

Even crypto 2020 is already legal in the country of China because the Chinese government has announced it. Hopefully year 2020 Bitcoin price will soar high.

https://finance.yahoo.com/news/china-congress-passes-cryptography-law-142433796.html

Darooghe

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Quote from: yoseph on November 03, 2019, 10:26:21 AM

Bitcoin halving is definitely going to have a positive impact on the value of Bitcoins because of one thing and that is scarcity. It's been proven everywhere that when something becomes limited and very hard to get, it's value rises exponentially and that's what going to happen to bitcoin when the halving comes around 2020. I would start saving my coins just for the upcoming halving.

We know every halving induced a massive price explosion of 50x-100x on the spot. so we could expect bitcoin’s price to rise following the halving. that would mean that we would want to buy before the halving. But everyone would want to buy before the halving, preferably before other people buy before the halving.

So if we expected the price to go up following the halving, it would actually go up before it. And, of course, all those people would want to sell after the halving, causing the price to actually go down after the halving. thereby, I think the next Bitcoin halving in 2020 already priced in. but only around %30-%40 of it's effect. That’s why we saw a %300-%400 jump in this year before the halving.

cotton ball

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Quote from: Debonaire217 on November 02, 2019, 02:09:38 AM

Reference: https://www.forbes.com/sites/billybambrough/2019/10/31/forget-the-halvingcould-this-be-what-sends-bitcoin-soaring-next-year/#2ede27653062

Here are the list of hot news for the past weeks that might impact the bitcoin's market price, volume and adoption.

1. Bitcoin Halving in 2020
2. Implementation of bitcoin to the largest coffee shop (Starbucks)
3. Bitcoin Vs Gold
(I do not include Libra since it don't have direct impact on bitcoin)

In my opinion, through this news about bitcoin, we don't have any reason to leave, or take our money out of the market. What we need is to be prepared for bitcoins market price that will surely soar high any time soon.

We should believe that:
there's no impossible market price that bitcoin cannot achieve.
there's no way government or other party can turn bitcoin down.
nothing can stop bitcoin to help those in needs
bitcoin can be the solution to poor economy
bitcoin will unite the world and make it as one

This might be too pro bitcoin post again. But I know I am doing my best to help bitcoin and crypto in my way.
should you have any opinions about it, post it below.

More than six month later we are ready for bitcoin halving, now you have take moment with investing in bitcoin before miss chance investing bitcoin in lower price, after halving moment bitcoin price will grow up and you miss your opportunity get bitcoin with lower price, why not start now with invest in bitcoin and hold six month later for selling after halving moment time.

Wintersoldier

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Quote from: secretgirl on November 03, 2019, 03:51:10 AM

I think all bitcoin holders will not forget halving day bitcoin in 2020. all crypto investors will be waiting for this. and for the news of accepting bitcoin as a coffee payment tool at Starbucks I think this is a good news for bitcoin. and this shows bitcoin is headed for mass adoption. lastly if we compare gold with bitcoin. of course it's better than gold. bitcoin has a value that is much higher than gold.

What I can perceive from this is not the case that the payment for coffee is bitcoin but the influence that the entire Starbucks franchise will impact to the community and the people. This impact might serve as the trigger for cryptocurrency mass adoption especially in paying bitcoin in small scale transactions such as buying coffee.

While, forgetting bitcoin halving just because of a huge market adoption that Starbucks might induce cannot be possible, as we cannot measure the effect of both Starbucks adoption and halving since they are independent to each other.

liuqi

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For long time people are waiting for the investment of Facebook and after few months we got the information like most of the tokens will be goes to the private investment and the team of Facebook only so such kind of things should not be happen with Starbucks investment as well.
I'm not sure why you guys are comparing halving effect and this companies investment together and confusing yourself both are different and Bitcoin halving will make market more stronger.

ReiMomo

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Quote from: 7788bitcoin on November 03, 2019, 01:35:16 PM

Quote from: blckhawk on November 03, 2019, 09:47:07 AM

The news regarding Starbucks is quite huge and its possible impact could be significant to the market. It's one of the most popular premium coffee bars and has a great market of variety of people from the upper to middle class.

Since star bucks is accepting and selling bitcoin now everyone will be sleeping and drinking coffee in star bucks Cheesy

. On a serious note it is a step towards major adoption in the market.

That is a good analogy, star bucks company is very well known and a high class coffee shop and it brings become more exposure to Bitcoin and creates mass adoptions. But how could we forget a very promising event that leads us to buy more coffee in star bucks? The next halving is expected that bitcoin surge in the market and probably there are crypto enthusiasts cut their profit and maybe will remain holding their Bitcoin. We are near now to the next halving event.

7788bitcoin

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Quote from: kooboat on November 02, 2019, 07:44:46 PM

The real fact on the ground is that bitcoin would continue to fluctuate despite the many speculations. Beyond 2020 and the successful implementation of Libra as a cryptocurrency that is attached to a popular brand as good as Facebook inc, bitcoin and all other cryptocurrencies would be affected by price volatility.

If you take a look at all the financial market can you point to a stable market and if it is a stable market who will be investing in it and what benefit do you get from a stable market and the other part about Libra, you need to wait and see whether Libra will be released or not as the regulatory pressure is increasing and it is highly unlikely they will release it peacefully.

Quote from: blckhawk on November 03, 2019, 09:47:07 AM

The news regarding Starbucks is quite huge and its possible impact could be significant to the market. It's one of the most popular premium coffee bars and has a great market of variety of people from the upper to middle class.

Since star bucks is accepting and selling bitcoin now everyone will be sleeping and drinking coffee in star bucks Cheesy

. On a serious note it is a step towards major adoption in the market.

serjent05

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Quote from: Debonaire217 on November 02, 2019, 02:09:38 AM

bitcoin can be the solution to poor economy

Care to elaborate? How can a cryptocurrency that is manipulated by a few group of whales can be a solution to poor economy?

Quote from: blckhawk on November 03, 2019, 09:47:07 AM

The news regarding Starbucks is quite huge and its possible impact could be significant to the market.

It can bring a hype yes but I don't think that it will be that much that it can push the price of BTC to its new ATH. There are more bigger news than this in the earlier years of Bitcoin. And even though Bitcoin accepted by Starbucks, I highly doubt about its implementation.

Reid

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Quote from: Debonaire217 on November 02, 2019, 02:09:38 AM

In my opinion, through this news about bitcoin, we don't have any reason to leave, or take our money out of the market. What we need is to be prepared for bitcoins market price that will surely soar high any time soon.

They have their reasons for leaving, we should respect that.
Some of them might be in need and that means they will need the money.
There could also be bad reasons and one of them is because of being a scared cat. You can see different kind of speculations now and one of them is manipulation.
They say the market could go down (which is possible) because of the whales selling to put the price down buying again before the pump in halving.

Quote from: Debonaire217 on November 02, 2019, 02:09:38 AM

This might be too pro bitcoin post again. But I know I am doing my best to help bitcoin and crypto in my way.
should you have any opinions about it, post it below.

Doesn't matter of it pro bitcoin or not. As long as you have your own kind of faith with it then, what they say will not matter too.
By the way, thank you for that and the support.
Merits.

BitHodler

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Quote from: blckhawk on November 03, 2019, 09:47:07 AM

The news regarding Starbucks is quite huge and its possible impact could be significant to the market.

There is no point in exaggerating this event. It's not going to change anything because nobody is interested in spending their coins.... this is nothing more than an effective way to generate cheap and easy exposure.

I have yet to see an instance of merchant adoption translating into price appreciation.... even more precise, merchant adoption actually hurts the price as coins are being sold to accumulate fiat to pay merchants.

The far majority of the merchants accepting Bitcoin through a payment processor don't care about Bitcoin at all, they just look to generate additional revenue in fiat, which I can't blame them for.

yoseph

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Bitcoin halving is definitely going to have a positive impact on the value of Bitcoins because of one thing and that is scarcity. It's been proven everywhere that when something becomes limited and very hard to get, it's value rises exponentially and that's what going to happen to bitcoin when the halving comes around 2020. I would start saving my coins just for the upcoming halving.

qiman

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When my Wife before used ot talk to her family about Bitcoin they used to look at her like she were an alien from outer space. Now though she is getting phone calls from her Nieces that they want her to teach them everything about Bitcoin and they want to get cracking in this niche market and start collecting Bitcoin and learning how they can store it and how to open wallets. Mass adoption is coming and I also believe the halving event will not be the major event only to give Bitcoin a boost in the eyar 2020 or beyond.

coin-investor

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I still go for Bitcoin halving although what you've posted can help the price to surge, we have a history to preserve here and that is price increase every time there's a Bitcoin halving, every good news that's coming can be considered part of the push that will take Bitcoin price to another all-time high, I hope many more good news like this coming, before we the actual day of Bitcoin halving, only those unbeliever will put their money out of the market at the current situation.

blckhawk

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The news regarding Starbucks is quite huge and its possible impact could be significant to the market. It's one of the most popular premium coffee bars and has a great market of variety of people from the upper to middle class. And having poster on the counter that Bitcoin is accepted would be a lot of publicity to cryptocurrency, in a large number of countries. However, this will still be far from today since it will surely undergo tests and experimental launch before full implementation.

alrose

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Quote from: Debonaire217 on November 02, 2019, 02:09:38 AM

bitcoin will unite the world and make it as one

This might be too pro bitcoin post again. But I know I am doing my best to help bitcoin and crypto in my way.
should you have any opinions about it, post it below.

That's really inspiring.It seems to me that I do not care how much bitcoin costs and will cost, the most important thing is that with its help the whole world will finally become one!

jrrsparkles

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Starbucks accepting bitcoin will not bring much price changes like the bitcoin halving so we no need to compare this now.This might be a good news for the crypto enthusiast who is looking forward for the bitcoin to be adopted as crypto currency everywhere so this is just the beginning but still regulations from the government will be a barrier on some countries so buy a coffee in starbucks if you got a chance or just enjoy holding.

Darooghe

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Quote from: Herbert2020 on November 02, 2019, 02:26:55 AM

bitcoin adoption is growing and that is the only reason why its price have ever increased and will continue to increase. in other words you should never even think about halving because halving has nothing to do with adoption (aka demand) but only influences the supply.
things such as adoption of bitcoin by a big chain like Starbucks is a good indication of adoption and that is also helping it in the future (the growth of it) which is why it is important for the price rise.

In my opinion without an halving, the price would be more stable and this would help adoption, i don't want to speculate on what will happen to the price, but personally I think any large price movement in either direction is bad for the long term stability of bitcoin as a currency, so halving seem to me like a bad thing here. also, all I see it causing is, for mining to become even more concentrated in China where electricity is dirty and cheap.

However on the other hand, the halving as a positive effect point breaks through walls, just like the price has been doing now, destroying the price stasis of the last few years, drawing attention worldwide, becoming a time of celebration and etc. If the price of bitcoin does not increase dramatically long-term, then bitcoin is well and truly dead. $250 billion market cap is literally nothing in currency terms.

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