Topic: Latest Price Surge Due To Delayed Halving Effect? - page 2. (Read 1559 times)
Right now the price variation happening to higher extent compared to the past days in which price looked to be stabilizing. But now it varies widely, which might be due to the impact of halving as mentioned by users. During this year's halving we didn't get expected, so now that might get fulfilled.
That is one of the factors. As was the last time, halving limited the coin supply, so once the existing supply dried up and some event ignited buying, remaining sellside was gone and it fuelled a spike which brought more buyers -> rally.
The beginning of the price surge was slightly delayed by a few months after the 2012 halving so yes, it's very possible that the run from $600 to what we're currently at is as a result of the halving.
You know it could be right. People just have not realized it yet because it was over 5 months ago and people of other things to think about since then and we all have busy lives to run. So it did not occur to most and me that it could be the reason why this is happening now with such a delayed reaction to everything that has happened until now.I saw someone advertise their commemorative coin to the halving and that is when I thought about it several months after it has happened. That could be it!
So after the first halving in 2012, there was a lag of a few months before we started seeing the price rise and ultimately reach its ATH. Many, including myself, predicted we would see something similar with the second halving. After the second halving earlier this year, there also wasn't any immediate significant rise in price. There was also the Bitfinex hack which would have a negative effect and possibly caused an even longer lag period. Could we now be seeing the effect of this year's halving with the price starting to surge after months of sitting in the 600's - 700's? Are there other factors which might be involved?
Past performance can't guaranteed future and exact results. Road to ATH for the first time in bitcoin is clearly different from what is happening to today. There are lots of hoarders back then compare to today which I will assume that coins are much distributed now to "different" persons and not just only a part of a big whales.
About the halving thing, I see it doesn't have a connection with the latest price rally since it's a normal thing that will happen in bitcoin's life. No news right now that can be a good pinpoint on why the price behave like this. The near thing is obviously big whales pumps the price at Chinese exchange then eventually started a trigger that's why others follow the trend resulting for the current price today.
The beginning of the price surge was slightly delayed by a few months after the 2012 halving so yes, it's very possible that the run from $600 to what we're currently at is as a result of the halving.
I do not think so. It is due to the fact that the SegWit will not be activated because many miners do not support it.
There seems to be a lot of volatility in the world right now, Brexit, European debt crises, the Middle East, Donald Trump, Indian monetary changes and Chinese crackdowns. It seems like the perfect combination to drive money into bitcoin as it has been a strong investment over the last two years. I'd recommend against putting all your eggs in one basket though.
So after the first halving in 2012, there was a lag of a few months before we started seeing the price rise and ultimately reach its ATH. Many, including myself, predicted we would see something similar with the second halving. After the second halving earlier this year, there also wasn't any immediate significant rise in price. There was also the Bitfinex hack which would have a negative effect and possibly caused an even longer lag period. Could we now be seeing the effect of this year's halving with the price starting to surge after months of sitting in the 600's - 700's? Are there other factors which might be involved?
the after 2012 halving rise and that ATH you are talking about which was in 2013 has not much with halving but mostly was because of manipulations and pumps of MtGox the biggest exchange in the world by that time.
but yeah the rise is also because of the second halving, i was always saying this back then before halving that price will truly rise in a couple of months after the halving when miners sell all the remainder coins and they start selling the new rewards of 12.5
also there are so many other good news about bitcoin too. specially in US where Trump seems to be so pro bitcoin these days.
You are right. The ATH back in 2013 was definitely man-made, or shall we say, bot-made. But this time around halving definitely was one of the factors that led to that price hike
The beginning of the price surge was slightly delayed by a few months after the 2012 halving so yes, it's very possible that the run from $600 to what we're currently at is as a result of the halving.
I don't think that the halving has anything to do with current price surge, of course it affected general price but can't be motor for sudden pushes like this.
It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
are you buying right now?It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
After we broke $800 resistance we gained $50 so fast and this is not end tomorrow we can reach $900.
So after the first halving in 2012, there was a lag of a few months before we started seeing the price rise and ultimately reach its ATH. Many, including myself, predicted we would see something similar with the second halving. After the second halving earlier this year, there also wasn't any immediate significant rise in price. There was also the Bitfinex hack which would have a negative effect and possibly caused an even longer lag period. Could we now be seeing the effect of this year's halving with the price starting to surge after months of sitting in the 600's - 700's? Are there other factors which might be involved?
the after 2012 halving rise and that ATH you are talking about which was in 2013 has not much with halving but mostly was because of manipulations and pumps of MtGox the biggest exchange in the world by that time.
but yeah the rise is also because of the second halving, i was always saying this back then before halving that price will truly rise in a couple of months after the halving when miners sell all the remainder coins and they start selling the new rewards of 12.5
also there are so many other good news about bitcoin too. specially in US where Trump seems to be so pro bitcoin these days.
I don't think that the halving has anything to do with current price surge, of course it affected general price but can't be motor for sudden pushes like this.
It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
are you buying right now? It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
I don't think that the halving has anything to do with current price surge, of course it affected general price but can't be motor for sudden pushes like this.
It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
It is general market attitude and its super bullish trend showing. All we need to know is that this not the end of upward trend, hourly MACD is suggesting more gains.
BUY!
Either that or i just reading chat on one exchange there are some indications that cryptsy found are on market more then 11k bitcoins. Can this be this pump in price or we are truly experiencing this halving as we should this time. I mean halving pattern is the same but with some delays ok but what about this rumor on this huge amount of coins on market i mean i had there account but i must say that i withdraw most of fund in time before all hell got lose. So many users there had coins not just bitcoin other and trusted them with this balance.
I just hope we could see price going up and stay there for some time.
I just hope we could see price going up and stay there for some time.
So after the first halving in 2012, there was a lag of a few months before we started seeing the price rise and ultimately reach its ATH. Many, including myself, predicted we would see something similar with the second halving. After the second halving earlier this year, there also wasn't any immediate significant rise in price. There was also the Bitfinex hack which would have a negative effect and possibly caused an even longer lag period. Could we now be seeing the effect of this year's halving with the price starting to surge after months of sitting in the 600's - 700's? Are there other factors which might be involved?
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