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Topic: Getting closer to Halving but .. no increase ? - page 13. (Read 10303 times)

legendary
Activity: 1260
Merit: 1000
Holy shit am I surrounded by fucking idiots.

There is a finite number of bitcoins.  Around 77% have already been mined.  Since the price is actually somewhat stable, the coins are in somewhat strong hands.  This means when the inflation rate drops even more, these people can then manipulate the market using a relatively small amount of money compared to what they've already spent to vastly increase the price of the coins they already own.  The lower the inflation goes, the more effective and easy this game can be played.  Bitcoin, just like any other market on earth that can be cornered, has whales that control an obscene number of coins compared to the general population.  The price will not be raised for you, the price will be raised for them.  You're just one of those tiny plankton fish that latches onto the sharks hoping for crumbs that everyone knows is coming.

So, yes you fucking retards, the price will go up because every market on the entire planet is controlled by scheming and manipulating lunatics and whales.
sr. member
Activity: 266
Merit: 250
i'm expecting an increase any time from here to the end of the year, don't be impatient nothing is telling us that it will happen before or after or on the same date

This is true, for the price increase i also dont think that for that halving is necessary, already the price has gone up from $300 to $400 + as last time halving before their were very less peoples knowing about bitcoin and most of them dont knew about halving , after the price shoot up after halving made crazy to peoples. So they are expecting the same type of halving this time also but they dont know that this time most of them are knowing that after halving price will increase and this thinking itself will kill the price as per my view.
hero member
Activity: 1029
Merit: 712
I can't see any real justification for a price rise - the supply of bitcoins will not change only the rate of increase in the supply will reduce.

Happy to hear arguments to the contrary, however.
legendary
Activity: 3248
Merit: 1070
i'm expecting an increase any time from here to the end of the year, don't be impatient nothing is telling us that it will happen before or after or on the same date
member
Activity: 119
Merit: 100
For me it's hard to tell if halving is already discounted in price or not. Perhaps it is already.
legendary
Activity: 1512
Merit: 1000
There was not much of a significant rise in price prior to or the day of or even some weeks after the last halving as Meuh6879's posted chart shows. It wasn't until a little over a month and a havlf before we saw a significant rise in price.

I remember in the months and weeks leading up to the first halving, there was lots more excitement and anticipation than there is now. Though that might change as we get closer to this second halving, I imagine. I also remember people wringing their hands and being worried and wondering why the price wasn't shooting up yet also during that time before it actually did finally some weeks to a month or so later. Some at the time said that the halving had already been priced in long before and that was why we didn't see an immediate skyrocket in price when the halving occurred.

Anyway, I wouldn't worry about the price not rising significantly eventually. Just focus on accumulating as much as you can while you can.

Halving is coming.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Comparisons to 2012, LTC or Doge halvings are pointless. Comparing the 2020 halving to this one will be equally pointless. Each slice of time has its own circumstances and will act according to those. I'm not holding my breath for any action.
legendary
Activity: 1512
Merit: 1012
If this will happen, then u will not know how happy everyone is going to be. If we are going to see a 1000% increase (x10) that means that a single bitcoin will be worth over 4000$ which is amazing Smiley

not always people have understand the volume in the bottom = 50 000 BTC for 3 days of bar and 30 on MACD range.

now, on this days with the same 3 days range : 200 000 BTC and 45 on MACD range.







the only problem ... is the limite of the FULL HIGH (like the 259 USD marker after the rise from 10 USD).

Making money ... can be a good operation.
And that's the main point of the halving for traders ... they can LIFT bitcoin price at the top of the 8000 USD like the gold when a monetary RESET happend.



legendary
Activity: 1159
Merit: 1001
well i believe that we will soon start seeing a bigger increase and it will surely allow us to make some money

im holding my bitcoins and i think that everyone else should do that as bitcoin has a lot of potential to grow bigger and bigger
It is in the miners best interests for the price to rise in order to maintain profitability.

Mathematically, if the demand remains constant with only half output, then the price should rise.

Still early gents, plenty of seats on the train.

legendary
Activity: 1512
Merit: 1012
Quote
Like a lot of miners decide to stop investing


Oooooooooooooooooooh no, they don't ... because they already understand that they can "ask" high price for bitcoins.







the traders FOLLOW the supply, they don't destroy the value.
hero member
Activity: 896
Merit: 521
My bet is on a price drop, a big drop.

why you think this? Like a lot of miners decide to stop investing and chain could "stop" (or produce really slow new blocks?)
legendary
Activity: 2786
Merit: 1031
My bet is on a price drop, a big drop.
legendary
Activity: 1232
Merit: 1017

If this will happen, then u will not know how happy everyone is going to be. If we are going to see a 1000% increase (x10) that means that a single bitcoin will be worth over 4000$ which is amazing Smiley
legendary
Activity: 1232
Merit: 1017
Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?
Everything can be possible. It also could be possible that we see a price drop because of the halving, no one know. It all depends on the demand and what price people are prepared to pay for a bitcoin. Of course I hope it will rise in value, but I can not do anything about it. All we can do is hope, nothing more then that is possible.
hero member
Activity: 1132
Merit: 818
Inflation will drop after the halving (in fact, it will halve), which will mean that the slow price drop that we see now will decelerate. Before the halving, this effect will be priced in by the speculators (as they are the ones making the price).

Bitcoin's marketcap has been fairly constant recently, and at the sane time the technological development of bitcoin has also stagnated. As long as this does not change, I see no reason why prices would go up. For prices to go up you would need a lot of new investment, and for a lot of new investment there has to be optimism about the future of Bitcoin (especially relative to it's many competitors, be it Bitcoin classic or so-called altcoins).

If the value of a single bitcoin does not change much with the halving, the miners will have a big problem paying for the electricity for mining their blocks. Their income will halve too.
full member
Activity: 197
Merit: 100
well i believe that we will soon start seeing a bigger increase and it will surely allow us to make some money

im holding my bitcoins and i think that everyone else should do that as bitcoin has a lot of potential to grow bigger and bigger
full member
Activity: 168
Merit: 100
Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Its normal that you only see this kind of price,the price on the years past was made by a bot called willy at Mt. Gox which was the only exchanger at that time,thats why the prices blow up to 1k,well we wont see that again as there is no bot manipulating the price.
hero member
Activity: 546
Merit: 500
No, there isn't a rule saying that the price will increase... And we didn't go through the halving yet.

I reckon there is a rule because the people who get into bitcoin get far too invested.  It is a specialist niche so once you've spent the time to get into it its not so easy to get out.

Another jump is coming who knows when.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
The old halving coincided with mainstream society discovering BTC - so it is not clear whether it was the halving that increased the price or the discovery.

It's worth noting that when alts halve (eg litecoin, doge) there is not really much of a price movement, despite various people trying to pump them around the halving date.
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