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Topic: Other Coins Halves too - page 2. (Read 455 times)

legendary
Activity: 2128
Merit: 1109
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March 01, 2020, 04:35:38 AM
#28
of course, all those bitcoin forks kept the halving rule intact because it helps to control the value.
less availability of newly mined coins and higher demand on the growing market is great for any cryptocurrency.
most people care about bitcoin because it is still the number one coin, then they might have a look after their favorite altcoins.
newbie
Activity: 32
Merit: 0
March 01, 2020, 04:34:07 AM
#27
we have already seen how the LTC halving took place in summer 2019. LTC price was dumped after halving. I really hope that the same thing will not happen with other coins, but the possibility of repeating of this situation is very high. do not rely on a big profit from the fact that the coin will have a halving
yeah its counter intuitive, but halving is not affecting all coins same way.
So btc is going up, but that doesn't mean any other coin halved will rise at all.
I'm going to do research to see how many alts went higher after halving in general
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
March 01, 2020, 04:12:48 AM
#26
we have already seen how the LTC halving took place in summer 2019. LTC price was dumped after halving. I really hope that the same thing will not happen with other coins, but the possibility of repeating of this situation is very high. do not rely on a big profit from the fact that the coin will have a halving
legendary
Activity: 2884
Merit: 1117
March 01, 2020, 04:04:36 AM
#25
Yes, there are 1000s of altcoins available in this crypto space and most of them are having economy rules similar to how bitcoin is doing. Hence, we can expect halving to keep on happening around this crypto space all the times. But my concern is, what will be the economic change all other cryptos and their halving will be bringing to this entire crypto space. None of them. Yes, only bitcoin will be capable of doing that and all others will be simply following what bitcoin is setting regardless of when their halving is happening/scheduled.

Still, BCH and BSV's halving may bring new changes to their value levels. Because, these coins are backed by few whales who may pump o dumb to anywhere they want to see. Anyway, I doubt about their impact on trend setting in crypto market directions; probably their halving may impact within their ecosystem.
member
Activity: 1764
Merit: 10
March 01, 2020, 03:52:29 AM
#24
I agree that many cryptocurrencies will have halving this year and I hope this will help the cryptocurrency market to grow very quickly, but of course the main event of this year is bitcoin halving and we all hope that it is Bitcoin halving that will give an impetus to the growth of all cryptocurrencies.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
March 01, 2020, 03:13:19 AM
#23
It seems to me that other coins understood that Halving makes hype around of coins and that is why they have implemented this procedure. just to increase the popularity of their coin. perhaps after bitcoin halving even more coins will announce that they will have the same thing in their projects
sr. member
Activity: 1176
Merit: 301
March 01, 2020, 02:07:49 AM
#22
Of course they would do it too,
AFAIK they also have fork crypto too they wouldn't just let the King of crypto be the only crypto that have that feature,
Of course they want to take over or surpass it so they would also have the same thing.
full member
Activity: 1148
Merit: 116
March 01, 2020, 01:06:14 AM
#21
We can't compare a coin that started halving since 10years back to new coins that started halving few years ago, the difference is very clear, more halving lower coins for miner
sr. member
Activity: 1932
Merit: 300
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March 01, 2020, 01:04:45 AM
#20
Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days.
Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.

if it is true they will halving in several weeks again maybe we must becarefull on these price. as we know BCH and BSV were pump and dump coin  and maybe couple days before halving its price will dumped alot. but it we courage to buy, we will get much profits after these coin halving. unfortunately this is the first halving and no history that could help us to analize market behaviour.

No idea about BSV but Bitcoincash is not surely only a pump and dump coin. There are a lot of miners dedicated to mining Bitcoincash and has a large community that's working for the betterment of the blockchain. Thought some members of bitcoin community and BCH community has some degree of confrontation, there are a significant group of people who believe both of these chains can have a future.
full member
Activity: 1148
Merit: 116
March 01, 2020, 01:04:35 AM
#19
Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.
I disagree with your point, after beam halving in January the price have increased 25% since then, if you have doubts please don't hesitate to look at it's charts since January 4
sr. member
Activity: 644
Merit: 257
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March 01, 2020, 01:00:15 AM
#18
Yes, this year many altcoins will have halving too, but only Bitcoin halving does matter in the crypto market. As you can see no one is aware of all these halving events except for Bitcoin. Good thing is, this year the top three coins Bitcoin, Ethereum and Litecoin will have some great updates and that can lead a bull run within the next year.

That's the thing here, most altcoins are following bitcoin footsteps but clearly, even their own halving arent that popular to make it as a shill and we can see that since only few people are talking about it. Like what OP's mentioned there are lots of other altcoins and bitcoin forks that halves too.

Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.

This is right. The advantage of bitcoin over altcoins in terms of halving are their scarce increases as most people get interested while altcoin adoption isn't that immense to compare with. Maybe eth can match but still not that strong.
member
Activity: 756
Merit: 14
March 01, 2020, 12:44:25 AM
#17
Only those who understands what halving is will now how important what OP is talking about, halving means more scarcity to the max supply of a coin, this means those other coins that will go through halving will reduce too
sr. member
Activity: 1624
Merit: 341
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March 01, 2020, 12:40:56 AM
#16
Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days.
Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.

if it is true they will halving in several weeks again maybe we must becarefull on these price. as we know BCH and BSV were pump and dump coin  and maybe couple days before halving its price will dumped alot. but it we courage to buy, we will get much profits after these coin halving. unfortunately this is the first halving and no history that could help us to analize market behaviour.
sr. member
Activity: 1372
Merit: 322
February 29, 2020, 11:22:10 PM
#15
Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.
legendary
Activity: 2394
Merit: 1049
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February 29, 2020, 11:11:34 PM
#14
Of all the coins that also have a halving features only Bitcoin gets special attention from publication and Crypto fans, because it has proven that been  BTC prices will hit new ATH.

What is the proof that Bitcoin will reach a new ATH if halving happens? Currently bitcoin is no longer at $ 10,000 yesterday, a severe decline in 24 hours means that bitcoin is still not showing that it will reach the new ATH yet there are no signs.

Some of the coins that you mentioned do not show a particularly good performance on prices when halving occurs, that's happen to LTC because once again BTC is reference of all altcoins, altcoin can't grow alone.

I think all altcoin depends on how the development of Bitcoin if it grows, altcoin will also follow it with good performance.
Altcoin cannot be ascertained as it used to be, maybe it doesn't know when the altcoin season will arrive soon.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
February 29, 2020, 11:06:26 PM
#13
I know some coins have halvings too but I think the reason why most people don't give much attention to it is because of the low impact of its halving on the price of the coin as in the case of Bitcoin. This is why most people are anticipating so much for bitcoin halving other than all the others listed by the OP.
legendary
Activity: 2814
Merit: 1112
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February 29, 2020, 10:52:52 PM
#12
Of all the coins that also have a halving features only Bitcoin gets special attention from publication and Crypto fans, because it has proven that been  BTC prices will hit new ATH.
Some of the coins that you mentioned do not show a particularly good performance on prices when halving occurs, that's happen to LTC because once again BTC is reference of all altcoins, altcoin can't grow alone.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
February 29, 2020, 10:27:25 PM
#11
For those asking if Bitcoin is the only coin that with halving capability the answer is no, many coins have this feature as well

1. On August 5 2019 LTC completed it's second halving
2. On January 4 2020 BEAM completed it's first halving
3. Both BSV and BCH halving will take place in April 2020
4. Zcash halving will happen around November- December 2020
5. BCD (Bitcoin Diamond) halving will take place on 29 July 2020

The list goes on and on, some are even holding few altcoins that will halve later on but they don't know it, DYOR
Of course! Some coins do have their own halvings to but it isnt surprising that most people doesnt really care at all.Why? they do only focus on Bitcoin and the rest would be just be ignored.
There might some that do consider on other coins as well depending if they do really support nor do hold such coin but the rest do know on where the place should be focused on.
Some do really might forget due to not being updated or doesnt care on whats happening as long they do hold up to their coins into their stashes.
full member
Activity: 1060
Merit: 103
www.Artemis.co
February 29, 2020, 09:41:12 PM
#10
Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days.
Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
February 29, 2020, 08:59:15 PM
#9
I haven't thought of it completely but I know that it does happen to other cryptocurrencies. The most recent one that I know is LTC. Last year, it was rumored that it is going to increase in price because of that halving and I think there was a time when you could've taken advantage of that. Anyways, halving is important when the supply is cut, the possible demand will rise. It's the basic theory and as long as people are buying into it, it would have a higher price rate as the reward of miners decreases.

I know miners and other people who are concerned with any kind of halving, whether it's in Bitcoin, LTC, etc. They have already prepared for that and maybe it's what we need to do, is just to be prepared.
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