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Topic: Forget Bitcoin Halving! - page 3. (Read 757 times)

sr. member
Activity: 1484
Merit: 276
November 03, 2019, 07:02:59 AM
#50
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.
Bitcoin and the whole cryptocurrency scene are already being posted and ads containing info and coins are already spread in facebook way before Libra is made and published. So I don't think that the Launch and successful implementation of Libra will really affect bitcoin despite how big the company behind it because facebook is already promoting crypto/bitcoin a long time ago.
sr. member
Activity: 462
Merit: 250
November 03, 2019, 06:59:24 AM
#49
You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

I doubt that this halving will have a large effect on the price unfortunately. Inflation is currently already small enough that it doesn't have such a big impact on price IMO. So making the inflation even smaller will not have that big of an effect. With every halving the next one becomes less and less impactful.
I would love to be wrong though  Grin
sr. member
Activity: 770
Merit: 253
November 03, 2019, 06:58:20 AM
#48
You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

Yes, he is and we are learning something from here that is benefiting everyone of us!

Apart from what the OP mentioned, that Bitcoin Halving is one of the most awaited moment too, it is true not Starbucks is a good journey for everyone too, as the real value of Bitcoin will be appreciated and can widely used in every nation, Starbucks will for sure have a great impact, this is the starting for every commerce/business to accept it as one of mode of payment.
full member
Activity: 1750
Merit: 118
November 03, 2019, 06:36:48 AM
#47
You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

i didnt know that facts but thanks for the info   . i didnt know that halving is too good as it can up the price but i dont think that halving do that alone . people that buys btc do also contribute alot  and they buy more btc in advance just before the halving begins because they think the can earn more .  starbucks accepting btc is also a good news but why the price drop ? it should increase right  ?  same as those other events that happen recently  .
hero member
Activity: 2156
Merit: 711
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November 03, 2019, 06:24:11 AM
#46
When you have a good platform for the daily purpose then you can count it as an essential part of your life, So the adoption of Bitcoin should be more accessible and available to the mass people, not only that but also Bitcoin should be used for the payment system in various shopping purpose, but the main thing is that Bitcoin price should be stable so that people don't need it to hold for the future purpose, people only like bitcoin if they will get many opportunities to use Bitcoin for their daily life, then Bitcoin helving doesn't bring an especial impact on this platform, I know Bitcoin has a real power to bring improvement to any community within a short time. but it needs some treatment.
hero member
Activity: 1008
Merit: 501
November 03, 2019, 05:00:38 AM
#45
You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 03, 2019, 03:59:20 AM
#44
There are so many good news to come and all of them can affect the price movement of bitcoin and halving is one of those good updates with bitcoin. We have to consider every updates as a new challenge to us because we can’t know if the price will go up or not, Starbucks is a big company it will be good if this will happen around the world.
We need to consider that in every updates and every positive news it reflects with bitcoin value, fluctuations and volatilities still present and it
will continue to bounce. It's positive to any form when halving take place and it will bring the value to a good amount.
Halving makes things upwards whatever it takes it's still positive in anyhow. Take the situation positively and it will bring nice benefits.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
November 03, 2019, 03:51:10 AM
#43
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.
sr. member
Activity: 2506
Merit: 368
November 02, 2019, 07:59:09 PM
#42
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.
You're right and even if there is a Bitcoin halving, the fact that volatility still existed on it. The price will always change from time to time this is beyond from the rest of stablecoin, Bitcoin is somehow unique compared to other cryptocurrency. People will never forget that there is a Bitcoin halving once you are in the market you will know why.
member
Activity: 235
Merit: 10
BountyMarketCap
November 02, 2019, 07:44:46 PM
#41
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.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 07:14:08 PM
#40
what I know is that if it is halving day then I think there will be a process of increasing the level of difficulty of mining to get bitcoin because it will be increasingly difficult to get and produce bitcoin, while for the information from the images you describe I think it's just a coincidence that Starbuck has started implementing digital payments by using the bitcoin platform and I think we as traders have no harm in using this moment of price increase to grow my assets by selling it when there are good moments like that because surely the price will increase.
full member
Activity: 2128
Merit: 180
November 02, 2019, 07:08:32 PM
#39
There are so many good news to come and all of them can affect the price movement of bitcoin and halving is one of those good updates with bitcoin. We have to consider every updates as a new challenge to us because we can’t know if the price will go up or not, Starbucks is a big company it will be good if this will happen around the world.
hero member
Activity: 2842
Merit: 625
November 02, 2019, 06:55:54 PM
#38
I'm leaning on bitcoin halving and that's okay if everyone is starting to talk about that since we're just a few months into it. The impact of it has been known to be positive base on the past halving that we've been through.

That's the reason why everyone eyes and hopes that it will bring significant demand for bitcoin. But you're right that we can't just deny that those factors that OP has mentioned which is a sign of an upcoming adoption.
hero member
Activity: 2632
Merit: 833
November 02, 2019, 06:21:55 PM
#37
Well, crypto enthusiasts, people are waiting on this very promising event and I don't think they will forget the next halving that gives hopes to everyone. Even BAKKT has failed to become a bitcoin price increase I think this next halving was the answer to become bitcoin have a mass adoption or become legitimate from other countries and not to be banned. We are near that event that happens let us just wait for the result and let the time speak alone.

I guess the hype around Bakkt is no longer there that's why it didn't put a dent on the price of bitcoin. And now we go on the next catalyst here which is the block halving.

@Haunebu - I'm still not sold on President Xi statement that really trigger the latest growth we have. Maybe manipulators just ride on the news to look at if China is going make a U-turn again. And then the FOMO sets in. I think the most important boost here will be coming from block halving next year.
sr. member
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
November 02, 2019, 05:34:03 PM
#36
Well, crypto enthusiasts, people are waiting on this very promising event and I don't think they will forget the next halving that gives hopes to everyone. Even BAKKT has failed to become a bitcoin price increase I think this next halving was the answer to become bitcoin have a mass adoption or become legitimate from other countries and not to be banned. We are near that event that happens let us just wait for the result and let the time speak alone.
sr. member
Activity: 1246
Merit: 285
November 02, 2019, 05:20:46 PM
#35
Your assumptions are excessive. It is true that all this can happen, but the opposite also has the same opportunity, bitcoin can be worthless if you are too confident without preparing risk factors, you will be trapped in disappointment.
Well, halving bitcoin is one of the booster cryptocurrency fans have been waiting for to get a surprise, this can't be passed away even though there are other reasons that are expected to be boosters, for example, mass adoption that makes bitcoin closer to daily life. Whatever it is, we must take advantage of the opportunity, don't just stick to one thing, be flexible and be willing to accept any input, accept the good and ignore the bad. dwyor.
legendary
Activity: 3038
Merit: 1169
November 02, 2019, 04:10:06 PM
#34
I think Bitcoin halving is a different story than some major adoption that can occur and besides, there is a sure pump that may happen regarding the events of the halving, But I think we need to consider all possibilities of a major pump, people can not forget the halving in 2020 because of what happened on the recent halving, but we need to embrace all major possibilities of adoption and changes Bitcoin may give us I think we need all help we can get.
hero member
Activity: 1806
Merit: 671
November 02, 2019, 04:03:54 PM
#33
Let us remember that during BAKKT'S launch it failed the hype we expected it to have and it didn't really gained much traction we are expecting it to have. So even if Starbucks' partnership with BAKKT becomes successful I don't even think that it can translate to any kind of price increase in Bitcoin's value. External factors like this to be more effective is it must translate into demand for the cryptocurrency not just hype, without the demand backing it up then there is no new money coming in the market all we will just have are our existing funds trying to push the prices among ourselves.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
November 02, 2019, 03:47:13 PM
#32
I believe that the main fundamental factor that makes Bitcoin value appreciate over time is the limited supply not just the halving coming because after all it is a deflationary currency and the supply is virtually shrinking each day.
hero member
Activity: 3080
Merit: 970
www.Crypto.Games: Multiple coins, multiple games
November 02, 2019, 03:09:36 PM
#31
Your title is misleading op. You mention 'Forget BTC halving' and describe it as the hot news which is why you seem to be confused here and its best if you edit the title asap to something BTC bullish catalysts etc.

The biggest bullish news in recent times is President Xi acknowledging the importance of the blockchain(Not BTC) which itself was a factor in helping BTC rise in value recently. Just imagine where it could go before and after the halving event. No crypto enthusiast will forget this op.
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