Is the coming halving our last hope? - page 3.

FIFA worldcup

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Quote from: deisik on February 13, 2019, 06:51:30 AM

Quote from: leowonderful on February 12, 2019, 06:41:02 PM

If anything, Litecoin will likely be a good test subject for whether or not a coin halving's really going to have any meaningful impact on the price of a bigger POW cryptocurrency like BTC- the halving for LTC's coming up in just under a 1/2 year (176 days according to litecoinblockhalf.com (click for link)), and we'll be able to observe the effects of that before the BTC halving actually happens

There should be some form of hype without doubt

And the recent spike in Litecoin's value was likely caused by this, i.e. pricing in the next halving. But we should also remember that you can't price in the real effects of halving before the actual event, i.e. market supply decreasing due to block reward having been diminished

And while hype comes and goes, this decrease in supply will be permanent, even though it may take some time until its effect kicks in for real (as it happened with Bitcoin in the second half of 2016)

Bitcoin halving is quite far away and i am sure no one wants to remain in bear market for another year or so. Like it happen in previous halving, Bitcoin price will surely rise at halving but we need the market to show some good movements even before that. Its been a long bear market.

Newbtrader99

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Quote from: greeklogos on February 05, 2019, 11:01:14 AM

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

A non inflationary currency will be shown to be immeasurably useful in the coming years. How many financial catastrophies are people willing to put up with?

Vaskiy

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With bitcoin on every special event associated with it brings some change in the market. In this regard even the past halving gave us with some good price pumping on the days around that specific day. Our next halving is expected to provide us with a big bull trend as the market is fallen and gradual growth is happening.

mrdeposit

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This situation is inextricable, we do not know when and how the price will move. It may be after 2-3 years, not in the next half.

Quote from: greeklogos on February 17, 2019, 05:28:22 AM

Current events as you say moved the price upper just a little, we are finely backed on 4k$.in my thread I mean of event which is going to be a key for a new long bull run which will present us new moon prices not only for bitcoin, but for some another cryptos.

I do not know what is in the queue for earnings, but there is plenty of missed opportunities like ONG and BTT. If you always know about innovations and behave in time, you can make profit.

greeklogos

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Quote from: omonuyak on February 13, 2019, 04:23:41 PM

We are having some current events that are going to affect bitcoin price positively and one of those events is approvals by the sec in ETF! This issues has come up several times and well discussions and I hope when ETF got final approval bitcoin will rise in price.

Current events as you say moved the price upper just a little, we are finely backed on 4k$.in my thread I mean of event which is going to be a key for a new long bull run which will present us new moon prices not only for bitcoin, but for some another cryptos.

pawanjain

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Nothing lasts forever

I guess once the time for the halving arrives the price of BTC will see a significant pump since similar pre-pumps have happened in the past.
Besides that bitcoin is here to stay for long and as long as bitcoin doesn't go to zero which it will never will, there are chances that it will rise again.
So there is always a hope for bitcoin. Wink

deisik

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Quote from: prtty2gal2 on February 14, 2019, 10:02:23 AM

Quote from: lornadane on February 13, 2019, 11:56:56 PM

I don't think the coming halving is our last hope. Even I don't think the crypto market will be pumping like 2017 in this year or next! Because, if the bull market comes right now, what will exactly happen? Selling wall will be far higher than buying orders! But there are no last things in crypto, crypto will live forever until people keep their faith in it.

No, we are definitely going to have another pumping similar to what happened in 2017. But for pumping, they need some reason, right ? You cannot simply expect market to keep on rising because only whales alone cannot manipulate completely. Whales will be triggering and then individual investors will be following them. This is the reason bitcoin must need some attractive news and events so that it will keep on attracting new investors from that we will be having a strong bull run

But is Bitcoin about pumping only?

As you seem to completely discard the possibility of "organic" growth. People here are mostly discussing things like "we are definitely going to have another pumping" or some variant thereof. But what about real use? Did you forget that Bitcoin was not born to be a speculative vehicle (only). In other words, why are you waiting for a pump being triggered by some "attractive news and events" and don't wait for adoption to kick in?

angel55

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The price will definitely be pushed up as supply dwindles because of the reduction of the block reward. As long as some early whales don't decide to dump heavy bags on the market we should steadily be rising throughout the year.

prtty2gal2

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Quote from: lornadane on February 13, 2019, 11:56:56 PM

I don't think the coming halving is our last hope. Even I don't think the crypto market will be pumping like 2017 in this year or next! Because, if the bull market comes right now, what will exactly happen? Selling wall will be far higher than buying orders! But there are no last things in crypto, crypto will live forever until people keep their faith in it.

No, we are definitely going to have another pumping similar to what happened in 2017. But for pumping, they need some reason, right ? You cannot simply expect market to keep on rising because only whales alone cannot manipulate completely. Whales will be triggering and then individual investors will be following them. This is the reason bitcoin must need some attractive news and events so that it will keep on attracting new investors from that we will be having a strong bull run.

Impacts of halving may start at any time soon. Because, we cannot expect when FOMO will be playing its vital role among week handed investors. I do not agree that halving is the last hope but it may start working for pumping at any time like from now onward too.

lornadane

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I don't think the coming halving is our last hope. Even I don't think the crypto market will be pumping like 2017 in this year or next! Because, if the bull market comes right now, what will exactly happen? Selling wall will be far higher than buying orders! But there are no last things in crypto, crypto will live forever until people keep their faith in it.

karungbitcoin

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In the long term the price of Bitcoin will be keep going up because Bitcoin is digital gold and the price should be just like gold, Bitcoin in bearish mode only in periode 2014-2015 and in 2018, but i believe after that the price will keep going up again just like in 2016-2017. Not only Halving that will become trigger for the price going up but there are many factor like limited supply, Bitcoin is global market, more country regulated Bitcoin and more mass adoption.

imstillthebest

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Quote from: udidrone on February 13, 2019, 06:20:20 PM

Quote from: HelenPhillipsz on February 13, 2019, 03:59:32 PM

I would say adoption is our last hope

OP maybe means about if there are no good news anymore that coming to save bitcoin price because we know only halving that can give boost to bitcoin price and make it increased. Adoption will take long time especially for country that make bitcoin already illegal.

news arent also the key factor to pump up the price because news are not legit at all times . many fake news are circulating day by day but the sad part is that people can easily believe and fall for this trap . they based their move's and decision on the new's .

however i agree on the guy above that adoption is the only real thing that can help the price to recover .

but halving , etf , bakkt and other's do also have a minor contribution . so we must also give a credit's to them

udidrone

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Quote from: HelenPhillipsz on February 13, 2019, 03:59:32 PM

I would say adoption is our last hope

OP maybe means about if there are no good news anymore that coming to save bitcoin price because we know only halving that can give boost to bitcoin price and make it increased. Adoption will take long time especially for country that make bitcoin already illegal.

omonuyak

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We are having some current events that are going to affect bitcoin price positively and one of those events is approvals by the sec in ETF! This issues has come up several times and well discussions and I hope when ETF got final approval bitcoin will rise in price.

HelenPhillipsz

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I would say adoption is our last hope

upsidedown75

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Quote from: Rooster101 on February 13, 2019, 08:15:10 AM

I don't depend on bitcoin halving as the only way to boost prices and make the crypto market bullish. I believe that there are other ways like the BAKKT, the approval of bitcoin ETF and the swift adoption of bitcoin around the world. Bitcoin halving isn't the last hope but just one of the ways to increase the price of the leading cryptocurrency.

Bakkt is keeping delayed and SEC is not showing any symptoms for approving bitcoin ETFs hence I guess halving would be the one of the assured way of having bitcoin pumped in coming days. Unlike most people do think like around the halving date alone bitcoin will not move but bitcoin may keep rising at least 6 months well in advance to halving. So, having it as a final hope may not be a wrong choice.

vindermarch

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Many people hope halving Bitcoin will be effect to Bitcoin price's. And of course all hope for the best after a long time the market has fallen and is stressful.

Rooster101

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I don't depend on bitcoin halving as the only way to boost prices and make the crypto market bullish. I believe that there are other ways like the BAKKT, the approval of bitcoin ETF and the swift adoption of bitcoin around the world. Bitcoin halving isn't the last hope but just one of the ways to increase the price of the leading cryptocurrency.

deisik

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Quote from: leowonderful on February 12, 2019, 06:41:02 PM

If anything, Litecoin will likely be a good test subject for whether or not a coin halving's really going to have any meaningful impact on the price of a bigger POW cryptocurrency like BTC- the halving for LTC's coming up in just under a 1/2 year (176 days according to litecoinblockhalf.com (click for link)), and we'll be able to observe the effects of that before the BTC halving actually happens

There should be some form of hype without doubt

And the recent spike in Litecoin's value was likely caused by this, i.e. pricing in the next halving. But we should also remember that you can't price in the real effects of halving before the actual event, i.e. market supply decreasing due to block reward having been diminished

And while hype comes and goes, this decrease in supply will be permanent, even though it may take some time until its effect kicks in for real (as it happened with Bitcoin in the second half of 2016)

beerlover

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Next halving is too far away and I guess we will some other great news to stir up the bitcoin investors in-between time itself. It may be ETF approval or some European country may approve bitcoin as a legal tender like Japan. Expect the unexpected positive news because that way alone I am consoling myself to stay calm among this year long bear markets.

The next halving by 2020 June may act as long term speculative instrument like it may start bring new investors into bitcoin market now onward too because FOMO will work on this way only.

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