My first experience of Bitcoin halving, I'm excited. - page 3.

Leon83

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Quote from: pgbit on April 15, 2020, 05:22:16 AM

After the last halving, things have been changed a lot, so, we can't expect another 12000 or 10000% growth like before! This time, people will sell more if bitcoin price ever goes to 15K USD or plus! Because the longest bear market in 2018 ruined lots of things, and that's impact still not gone from the market! So, I don't think we will see a massive pump, but I wish to see Bitcoin at 15-20K USD once again! Many people think bitcoin price will jump immediate after the halving, but by seeing last halvings statistics, we can say it will take a year or two!

Last cycle Bitcoin stayed in the price range of approx. $200-$1100 for 1170 days! If the same is to happen this time we'll get a new all-time high in february/march 2021.

New price discovery means FOMO. And this time we get FOMO from financial institutions aswell.

pgbit

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After the last halving, things have been changed a lot, so, we can't expect another 12000 or 10000% growth like before! This time, people will sell more if bitcoin price ever goes to 15K USD or plus! Because the longest bear market in 2018 ruined lots of things, and that's impact still not gone from the market! So, I don't think we will see a massive pump, but I wish to see Bitcoin at 15-20K USD once again! Many people think bitcoin price will jump immediate after the halving, but by seeing last halvings statistics, we can say it will take a year or two!

Yourhomeboy

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Quote

VERY RARE GOOD ADVICE HERE.....

The Halving is ALREADY PRICED INTO THE MARKET....

The halving will be here very soon, there will be no more questions, and lot of people will will be proven to be complete and UTTER FOOLS for thinking that the BitCoin price will go to the moon in the halving...

Hard Facts

The fact a good amount of bitcointalk users act like they're not antsy to the growth of bitcoin. Makes me think if people don't appreciate the work of Satoshi Nakamoto. No amount is too big to predict if its about bitcoin. You can go down to the posts made on this platform 10 years ago, bitcoin was little less than $2. Fear Uncertainty and doubt is the problem, of some of our Members.

HardFacts

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Quote from: TitanGEL on April 13, 2020, 09:38:55 PM

The halving is near and people are now talking about it, all are expected but most do not manage their expectation very well. Please manage your expectation very well because we are not sure if the halving will have a good effect in the market due to the global crisis that we are still facing. Expectation is not bad but we should be sure that our expectation can be real where it is feasible to achieve and not expectation that seems to impossible where you will speculate that the bitcoin can reached all time high again after the halving.

VERY RARE GOOD ADVICE HERE.....

The Halving is ALREADY PRICED INTO THE MARKET....

The halving will be here very soon, there will be no more questions, and lot of people will will be proven to be complete and UTTER FOOLS for thinking that the BitCoin price will go to the moon in the halving...

Hard Facts

TitanGEL

sr. member

Activity: 1036

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The halving is near and people are now talking about it, all are expected but most do not manage their expectation very well. Please manage your expectation very well because we are not sure if the halving will have a good effect in the market due to the global crisis that we are still facing. Expectation is not bad but we should be sure that our expectation can be real where it is feasible to achieve and not expectation that seems to impossible where you will speculate that the bitcoin can reached all time high again after the halving.

gundala

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Quote from: Yourhomeboy on April 11, 2020, 12:00:57 PM

~

My question is what price do you predict Bitcoin to be after this Halving and also I would like to get more details as regard to the Halving event. Does it have a venue?

Whatever the prediction, it is only speculation, there is no guarantee that the price will reach it, it could be the opposite happened. All of that is relative, make sure we understand this ecosystem, don't expect too high, so you are trapped in fomo.
Based on the previous halving period, the price does not directly pump, there is a long process, up and down, if your strategy and mental are not strong then you will be trapped in frustration. Fill your bag sufficiently, according to ability, is like saving.

thesmallgod

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The expectation of the people are here about this halving that is coming up and a lot of people just like the op have always explained this scenario in term of the price. I hope you will check what is being discussed here https://bitcointalk.org/index.php?topic=5239658.new#new so that you understand more about what is expected from this halving.

erep

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We are facing something different this year, all aspects of the economy are starting to show a critical period but not for bitcoin which is still strong today at $6800, a history of increase above 10,000% like the previous halving may not really happen but the rise of bitcoin still occurs during or after halving, the possibility is definitely in my opinion.

MCobian

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I am very happy you can think positively, but bitcoin price movements cannot be predicted. Therefore for this third halving do not expect too
much. Especially now that there is still a corona virus crisis, so it has an effect on the movement of bitcoin prices on the market.We have to
see the reality of the price of bitcoin is very difficult to return to the price of $ 10k, so don't delusional that bitcoin can go up to $ 400k. Halving
will happens only a few more weeks in my opinion will only make the price rise is not too high, it is likely to rise to price around $ 8000- $ 10,000.

Ken_terrance

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Bitcoin halving is the last thing I want to be predicting on right now, why? Pandemic, I think it's better to wait it out and see how things go, every plan I hoped for this year it ruined already because of the pandemic.

Farma

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I think that the price of bitcoin after halving this year will not be far from the price of $ 10k. however, no one knows the potential for bitcoin prices to go up to what extent, there are even some speculations that prices will really go up by 2021. for this year, I don't really expect high, but the possibility of bitcoin prices could exceed $ 10k after may.

Wexnident

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The bigger the hope, the bigger the disappointment mate. Yes, in all honesty, most of us especially those that are recent entries in the crypto scene are expecting the same bounce up it did in the past halvings, but realistically speaking such increases seem to be quite impossible. You can see it with how developed the current scene is already. Not to mention that there were still various factors that actually helped the price in the past halvings. Right now? The only factors here are actually NOT helping it increase in price. Just look at how the price of BTC is right now with the current state of affairs because of the effects of the fear brought by the Corona Virus.

rdluffy

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This is my first halving too, I`m here since 2017, the best year for cryptos Grin

And I`m excited too, to participate, have coins and even with all this sad situation, in the long term we can have a very good results, and I`m agree too that it's almost impossible to follow the same pattern because this time will require a HUGE amount of money to achieve that, but with BTC nothing is impossible, when market is good, it's hard to stop

btc78

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Quote from: Yourhomeboy on April 11, 2020, 12:00:57 PM

Second halving
July 2016 they was an increase of 12,000%. Bitcoin price was $164.01 and it spiked to $20,004 to the top. ( During the period of the halving, just like in the space of 4 years or within).

I am lucky that i have taste the fruit of this Halving though i entered the market months after the halving happens.
and also i am happy that more than 1 year after this halving the price makes all time high and proud that i have sold Bitcoin at that peak.

and now we are waiting for the next effect but suddenly this will not happen for the first time because of the domino effect of this Virus.

pakhitheboss

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Actually there is nothing to be excited about this halving, things have changed from pleasent to worst because of the pandemic situation. I have read articles suggesting Bitcoin can dive down before the halving.

I was expecting a fantastic 2020 for Bitcoin but things have become unfavorable for the crypto community after the virus spread. I doubt Bitcoin will touch 10k before the halving or even this year.

LUCKMCFLY

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Honestly, it is difficult to determine what can happen, because the Fundamental of the Covid-19 has been very decisive in the world, the worst thing is that there are still unfortunate events, and all this panic has an impact on the market, in fact before the pandemic my forecast was for a substantial price increase, now I don't know what can happen. It would be irresponsible to say that it can happen, right now what I think is that the price will remain stable during the bitcoin halving.

Janation

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Quote from: Yourhomeboy on April 11, 2020, 12:00:57 PM

My question is what price do you predict Bitcoin to be after this Halving and also I would like to get more details as regard to the Halving event. Does it have a venue?

I feel so old seeing these price changes and remembering it in the past.

Regarding to your question, I don't think we will be following the pattern here. The first halving gave us a whopping 13K% price increase, the second was 12K% price increase, this year though will not be 11K% price increase since the price of Bitcoin right now is obviously much higher than in the past. I think we will be able to see a 100% to 300% price increase if that goes higher than that, I think it will not be long and just fall quickly.

skarais

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Quote from: DevilSlayer on April 11, 2020, 08:16:29 PM

That kind of hope can destroy your mentality, it seems that you are now having quick rick mentality that can be considered as disease where it can lead you to major losses. For those who will base their decisions just because of halving, be careful and manage your risks very well if you do not want to lose huge amount of capital. It is better if we will decide with some technicals.

We must know that trade and investment in crypto are high risk activities. Everyone involved in the market must consider all of these risks regardless of what they believe. Nobody knows how market conditions will be after halving of 2020, although there is a possibility that prices may increase but again I say that risk must always be considered.

Some traders and investors may believe that the price of bitcoin can increase to 20K-30K after halving, this trust is based on past history. I dont think history can be repeated this year, because in 2020 the world is faced with a terrible pandemic, covid-19. This pandemic might affect the interests of investors and traders in the market, there are many things to consider (maybe). But lets see what happens in halving of 2020 that is getting closer.

Little Mouse

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Quote from: HardFacts on April 11, 2020, 04:53:08 PM

BitCoins reaction to its first Economic Crisis was to CRASH in price.

Nit only bitcoin but all the other commodities have been crashed but the good side for bitcoin is that it has recovered a lot. Bitcoin crashed to around $4000 during the first phase of the crisis but now it has got a strong support near $6800 which seems to be good. I see the recover as good fight in such a crisis.

Yaunfitda

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We truly understand you excitement on the coming bitcoin block halving, who wouldn't? This is the most anticipated event in bitcoin's history because it happened every four years as based on it's historical past it is considered as the catalyst to the bull run that we are expecting.

However, as others have suggested, might be better to not get into an expectation that the price could reach on let's say 6 digits figure. There has been a lot of changes now, investors matured for example. So it is much better to just not let this event get into your head as it might affect your decisions in the future, just saying.

Topic: My first experience of Bitcoin halving, I'm excited. - page 3. (Read 788 times)