Topic: Let's start travelling to Stars; Moon is no more a target! (Read 304 times)
Bulls and bears are fighting too hard at the moment, because we can see bump and dump in specific region for a while, only after this price range we can conclude that whether the trend is going to be bullish or bearish for the rest of this year.
I also like to be in the move to moon. I don't know about stars for now as scientists are going to show us that. 
For ATH this month, that is a positive wish that I want to also see but what can the reality be for us as we wait to see.
For ATH this month, that is a positive wish that I want to also see but what can the reality be for us as we wait to see.
everyone and myself also want a new All Time High for Bitcoin, and it looks like To the Moon has changed to To the Stars ?, interesting,
and we don't know yet where Bitcoin will go, maybe to the stars maybe to the moon or maybe to the earth
and we don't know yet where Bitcoin will go, maybe to the stars maybe to the moon
or maybe to the earth 
Just within 2 days after the halving, it seems bulls are back into action unlike what we had in 2016 and I guess this might be the simple signal we must read about how stronger bulls may turn this time around. There are 2 backing reasons for expecting bulls to go more harder than ever.
i believe that this is not the Bull that we are all waiting for because after 3 days starts to full back again and now seems we are getting back to $8k level again.and also these Backing reason are not enough for me to agree that we will be having a Real Bull market this year.
Look at the whole situation and not only about the expected growth for halving season.
The whole world are suffering from the pandemic effect so how can we expect simple people to invest here when they need to face their stomach first?
I always appreciate people who have their mindset fixed on the great possibility that after halving Bitcoin can get into the "stars" which is more romantic to me than then "moon."
actually people before have a fixed mindset that btc can go to the moon despite of many economic problems and personal problems that we are facing but maybe thier mindset from moon can change into stars after reading this thread here . idk but do stars are really farther than the moon ? because before i thought moon was the farthest lol . btc didnt even reach the moon yet so why we shoud expect that it can travel farther than that ? maybe we should wait first and take things slowly but surely 
The fact that it almost broke $10k again is very bullish, because when it dumped to $8100 it basically signalled the "buy the rumor, sell the news" for the BTC halving. Basically too many people got bullish. CNBC was making tweets again and the dump to $8100 cleaned them out pretty much.
If we can just break the $10500 area then we might get a shot at $14K and finally shot at $20K all time high figure. The $10.5K is important because we hit it twice, first with the Xi pump in Oct and later on in Feb before all this coronavirus mess, if we can clear that figure then we might never go below $10K ever.
Becareful trading on weekends, it usually leads to sharp false moves one way or the other. Best to wait until Monday for the market directions to be more clear.
If we can just break the $10500 area then we might get a shot at $14K and finally shot at $20K all time high figure. The $10.5K is important because we hit it twice, first with the Xi pump in Oct and later on in Feb before all this coronavirus mess, if we can clear that figure then we might never go below $10K ever.
Becareful trading on weekends, it usually leads to sharp false moves one way or the other. Best to wait until Monday for the market directions to be more clear.
I always appreciate people who have their mindset fixed on the great possibility that after halving Bitcoin can get into the "stars" which is more romantic to me than then "moon." Of course, there will be many obstacles along the way, akin to Bitcoin passing through the eye of the needle but eventually we will get there. Once the gloomy effect of the pandemic on the market can subside then I am positive that things will start to be exciting again with Bitcoin.
First I came here thinking there would be discussions about like mars or spacex or Elon Musk and so forth 
. I didn't really think it would be about the price but considering we are in bitcointalk and this is the speculation section of it, I kinda get more surprised about myself why I believed it would actually be able space travel .
In any case price of bitcoin doesn't have to really go too much high considering we are always recovering and always recovering is enough for me, I do not need to go to over $50k, I just do not want to go under 10k anymore and if we could reach those levels that would be basically more than enough, why do we have to travel to stars when not having to go back to earth after going to moon is enough, I do not want to just go to moon and comeback neither, I just want to go to moon and stay there.
. I didn't really think it would be about the price but considering we are in bitcointalk and this is the speculation section of it, I kinda get more surprised about myself why I believed it would actually be able space travel .In any case price of bitcoin doesn't have to really go too much high considering we are always recovering and always recovering is enough for me, I do not need to go to over $50k, I just do not want to go under 10k anymore and if we could reach those levels that would be basically more than enough, why do we have to travel to stars when not having to go back to earth after going to moon is enough, I do not want to just go to moon and comeback neither, I just want to go to moon and stay there.
Just within 2 days after the halving, it seems bulls are back into action unlike what we had in 2016 and I guess this might be the simple signal we must read about how stronger bulls may turn this time around. There are 2 backing reasons for expecting bulls to go more harder than ever.
1. For the first time in 10+ years of bitcoin history, block rewards are now less than 10 bitcoins. I mean block-rewards are no more an attractive criteria for any new businessman to get into mining business. They may simply opt for buying bitcoins rather than thinking about setting up a new mining industry. Same applicable for those cooperates who are already into mining process; we may assume like they may not re-invest more in expanding their mining plants but they may focus on saving bitcoins.
2. In less than 11 years, around 88% of total bitcoin supply were mined out and only ~12% of total bitcoins are remaining to be mined but it may take another ~120 years to complete.
If you closely notice, both of my points are saying same thing; we are going to start experiencing the actual inflationary property of bitcoins here after. Do not be surprised if you happen to see a new ATH before end of this month.
If there are less IQed whales like MTGOX treasurer who still look for cashing out their stash around $10k then we may face some delay but nothing may stop bitcoin to have new ATH in coming months. Bitcoin is going to break all its previous traditions like having new ATH around Christmas/New year, it is time for newer things for everything. Get ready for travelling to stars.
1. For the first time in 10+ years of bitcoin history, block rewards are now less than 10 bitcoins. I mean block-rewards are no more an attractive criteria for any new businessman to get into mining business. They may simply opt for buying bitcoins rather than thinking about setting up a new mining industry. Same applicable for those cooperates who are already into mining process; we may assume like they may not re-invest more in expanding their mining plants but they may focus on saving bitcoins.
2. In less than 11 years, around 88% of total bitcoin supply were mined out and only ~12% of total bitcoins are remaining to be mined but it may take another ~120 years to complete.
If you closely notice, both of my points are saying same thing; we are going to start experiencing the actual inflationary property of bitcoins here after. Do not be surprised if you happen to see a new ATH before end of this month.
If there are less IQed whales like MTGOX treasurer who still look for cashing out their stash around $10k then we may face some delay but nothing may stop bitcoin to have new ATH in coming months. Bitcoin is going to break all its previous traditions like having new ATH around Christmas/New year, it is time for newer things for everything. Get ready for travelling to stars
.You have a very good point although the market is moving slowly, I expect the market to pick up in the third quarter of the year when we can all felt the inflationary property of Bitcoin, we are far better today than the last halving doing business using Bitcoin or using Bitcoin is more conducive to Business, if you are not prepared for the next all tiem high you have yourself to blame, all the signs are all here.
If some miners will really quit from mining because of the low rewards then the price of bitcoin may pump for a lesser availability of Bitcoin in the market but trading probably becomes more aggressive that will cause scarcity in Bitcoin.
If miners close down, this reduces competition and this could lead to an adjustment in the mining difficulty and a reduction in the time taken for block confirmations. I expect that all variables would balance out no matter the reaction to the halving.Also consider that without FOMO and a much higher demand an increase in the price is highly unlikely.
If some miners will really quit from mining because of the low rewards then the price of bitcoin may pump for a lesser availability of Bitcoin in the market but trading probably becomes more aggressive that will cause scarcity in Bitcoin.
If miners close down, this reduces competition and this could lead to an adjustment in the mining difficulty and a reduction in the time taken for block confirmations. I expect that all variables would balance out no matter the reaction to the halving.Also consider that without FOMO and a much higher demand an increase in the price is highly unlikely.
We understand that we should dream big, however, we should not get excited here. The bullish formation started weeks prior to the halving, because obviously, investors wanted to get in early and make profits in either short or long term. But getting into an all-time-high before the end of the month? I highly doubt that. For us to reach new ATH, we need to more than double the current price, and where should the money come from in this worsening and looming economic recession? It will take months and years before we can finally reach all-time-high, when people started to FOMO again.
@btc_angela you’re absolutely correct as we won’t be seeing $20k levels anytime soon, and hence in the short term we can only hope that bitcoin prices can cross $10k levels once again and this time hodl it for good. It’s also pertinent to note note that bitcoin prices witnessed a $500 drop, but the bulls managed to get the prices up again however I won’t be terming this as a bull rally.
Quote
Despite the $500 correction, Bitcoin’s price is still above the ascending trendline from the recent low at $8,200. In the day leading up to and also during the halving, the price dropped to this trendline, and today’s pullback to $9,256 tapped it again.
If the price can hold above $9,300 and work its way back above the 20-MA on the 1-hour chart, bulls will be ready to attempt a push back above $9,600.
Source:
https://cointelegraph.com/news/bitcoin-dip-buyers-are-now-watching-this-level-after-another-5-drop
I am here as your travel buddy. We'll be travelling to another universe in the coming years.
Kidding aside, I don't see an ATH within the year though. I know that Bitcoin could suddenly leap from $2,000 to $20,000 in merely four months but I have serious doubts it will happen again within the year. But I hope it will.
Kidding aside, I don't see an ATH within the year though. I know that Bitcoin could suddenly leap from $2,000 to $20,000 in merely four months but I have serious doubts it will happen again within the year. But I hope it will.
We understand that we should dream big, however, we should not get excited here. The bullish formation started weeks prior to the halving, because obviously, investors wanted to get in early and make profits in either short or long term. But getting into an all-time-high before the end of the month? I highly doubt that. For us to reach new ATH, we need to more than double the current price, and where should the money come from in this worsening and looming economic recession? It will take months and years before we can finally reach all-time-high, when people started to FOMO again.
There are a bit different on the halving effect compare to the previous halving but that shouldn't be considered as alarming since it is too early to distinguish the real result of this event and things keep on changing. If some miners will really quit from mining because of the low rewards then the price of bitcoin may pump for a lesser availability of Bitcoin in the market but trading probably becomes more aggressive that will cause scarcity in Bitcoin.
That is another reason for an increase in price yet these reasons may not be enough to have a bull run within this year it may still take a few months because most of the investors are still holding on their bitcoins and still waiting for the time which they think would be best for them to start trading. However, let see it and I'm sure there will be a huge impact.
That is another reason for an increase in price yet these reasons may not be enough to have a bull run within this year it may still take a few months because most of the investors are still holding on their bitcoins and still waiting for the time which they think would be best for them to start trading. However, let see it and I'm sure there will be a huge impact.
More people predicted a dump after the halving for short term but its surprising that prices started to increasing but this is what I predicted as post halving analysis in the earlier stage so I just holding my coins.Only few days passed after the halving so we can't say this is really shift in the price trend, we have to wait few more days to conclude anything.
I'm also positively supprised by Bitcoin's resilience. I also expected that this dump require more time to recover.
Some well known traders were more bearish with Tone Vays predicting it to be a start of a nother downtrend to 5-6 thousand and we have to remember about those all out bears like Ross Ulbricht who thinks we'll go to new lows this year.
I think we'll see a new ATH but in 2021 or maybe even 2022. If it happens this year I'll be euphoric.
More people predicted a dump after the halving for short term but its surprising that prices started to increasing but this is what I predicted as post halving analysis in the earlier stage so I just holding my coins.Only few days passed after the halving so we can't say this is really shift in the price trend, we have to wait few more days to conclude anything.
I'm also positively supprised by Bitcoin's resilience. I also expected that this dump require more time to recover.
Some well known traders were more bearish with Tone Vays predicting it to be a start of a nother downtrend to 5-6 thousand and we have to remember about those all out bears like Ross Ulbricht who thinks we'll go to new lows this year.
I think we'll see a new ATH but in 2021 or maybe even 2022. If it happens this year I'll be euphoric.
Just within 2 days after the halving, it seems bulls are back into action unlike what we had in 2016 and I guess this might be the simple signal we must read about how stronger bulls may turn this time around. There are 2 backing reasons for expecting bulls to go more harder than ever.
1. For the first time in 10+ years of bitcoin history, block rewards are now less than 10 bitcoins. I mean block-rewards are no more an attractive criteria for any new businessman to get into mining business. They may simply opt for buying bitcoins rather than thinking about setting up a new mining industry. Same applicable for those cooperates who are already into mining process; we may assume like they may not re-invest more in expanding their mining plants but they may focus on saving bitcoins.
2. In less than 11 years, around 88% of total bitcoin supply were mined out and only ~12% of total bitcoins are remaining to be mined but it may take another ~120 years to complete.
If you closely notice, both of my points are saying same thing; we are going to start experiencing the actual inflationary property of bitcoins here after. Do not be surprised if you happen to see a new ATH before end of this month.
If there are less IQed whales like MTGOX treasurer who still look for cashing out their stash around $10k then we may face some delay but nothing may stop bitcoin to have new ATH in coming months. Bitcoin is going to break all its previous traditions like having new ATH around Christmas/New year, it is time for newer things for everything. Get ready for travelling to stars.
1. For the first time in 10+ years of bitcoin history, block rewards are now less than 10 bitcoins. I mean block-rewards are no more an attractive criteria for any new businessman to get into mining business. They may simply opt for buying bitcoins rather than thinking about setting up a new mining industry. Same applicable for those cooperates who are already into mining process; we may assume like they may not re-invest more in expanding their mining plants but they may focus on saving bitcoins.
2. In less than 11 years, around 88% of total bitcoin supply were mined out and only ~12% of total bitcoins are remaining to be mined but it may take another ~120 years to complete.
If you closely notice, both of my points are saying same thing; we are going to start experiencing the actual inflationary property of bitcoins here after. Do not be surprised if you happen to see a new ATH before end of this month.
If there are less IQed whales like MTGOX treasurer who still look for cashing out their stash around $10k then we may face some delay but nothing may stop bitcoin to have new ATH in coming months. Bitcoin is going to break all its previous traditions like having new ATH around Christmas/New year, it is time for newer things for everything. Get ready for travelling to stars
.1. You cant say such thing yet even block rewards been halved but doesnt mean that it will completely stop to those who do like to mine.
Almost free or cheap electricity would still suffice though.So its not totally closing up on this kind of operation.
2.Im not really concerned that much yet it wont happen in our lifetime.
Just let those so-called less IQ's you have said or even ordinary person who do tend to sell off their coins.
Not all would be a hodler but doesnt mean that they arent utilizing price movements to make profits.
You can make money along the way.
More people predicted a dump after the halving for short term but its surprising that prices started to increasing but this is what I predicted as post halving analysis in the earlier stage so I just holding my coins.Only few days passed after the halving so we can't say this is really shift in the price trend, we have to wait few more days to conclude anything.
Quote
The nearest star is 4 light years away from earth. A light year is 5.879e+12 miles. or 5,879,000,000,000 miles away from the earth.
Can we ever get to the stars buddy it's too far. Although you made a great point but expecting bitcoin to get bullish just a few days after the halving is very early. We have to point at Next year 2021 just like 2016 halving and 2017 bullish run. Bitcoin needs more time to get the real bull run, but we already get a small bull run happens at the market so we will have a chance to see another bull run, whether it's a small bull run or big bull run. Perhaps, the history will repeat again in the next year, but before that, we might have a chance to see the bitcoin price to increase higher and break $10k.
But besides the bull run, we still have a chance to see the bear is at the market because the bear still stays at the market. We don't know if the price is down, that can be a big dump that can happen at the market, so we need to be careful if that is happening.
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