A price increase of Bitcoin within the next months??
This is what most of the people are predicting since it is what happened in the past 2 halvings of Bitcoin. After halving it went sideways and it took around 6-12 months before it spike up again but followed by a huge candle going down.
The hashrate right now went from 121M TH/s to 111m TH/s so it affected the miners for a bit but I will be sure that there will be more miners that will mine again as the price of Bitcoin goes up. After the halving Bitcoin remains above the 200 daily MA which is considered a strong support right now and as long as we don't go below that line, we are in a bullish phase.
Topic: The excitement is over, what's next? - page 3. (Read 881 times)
the halving is over but it seems like the excitement is still here, at least I can feel the hype because bitcoin is still bullish at the moment.
Though bitcoin fall a bit but I have a feeling that it will not only bullish pre halving but prior to halving as well, I am betting that bitcoin will pump to $10,000 again.
Though bitcoin fall a bit but I have a feeling that it will not only bullish pre halving but prior to halving as well, I am betting that bitcoin will pump to $10,000 again.
@gentlemand. What is the excitement?
It's the world of normal finance going bleedin' loopy in response to the world falling off a cliff. Money as we know it will be even more stunted and warped than it was before all of this kicked off. Who knows what tricks they'll pull out of their bag to keep the plates spinning.
That's going to have an effect on BTC one way or another.
Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.
So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
Bitcoin is going to get extremely bullish any moment from next month but in August to November it is going to slow down. However I am expecting next year to be a bull year as it has been happening in the past. So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.
So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.
In terms of speculations, related to halving or not, the majority always fail. That's funny but that's so true. Even those who are very popular in the crypto community dropping off some price that Bitcoin will hit with a specific range of time are failing.
I think the price will remain somehow stable within the $7,000 to $10,000 range and then rise beyond $10,000 after the halving effect has sunk in.
Nothing much. Keep trading and watch how BTC ascends to another ATH by 2021, if everything goes as planned cause of the effects of the halving that is. It's always pretty exciting tbh, mostly because of the price of BTC changing almost every day. Whether it actually be going up or down, you'd still have your hearts beating quite loudly at that. Not to mention that the road to 2021 is long, and there might be more news that might make the papers by then, which makes the wait all the more worth it. You can basically see BTC right now just steadily being traded, slowly going ups and downs. Hopefully, it follows the rest of how the past halvings went, so really, wait for next year.
@gentlemand. What is the excitement? Reopening of the world after the coronavirus? It might be another occassion for disappointment, I reckon.
In any case, the next source of excitement and hype on the cryptospace is the pump of Eth 2.0. It might be bigger than the halving hehehe.
In any case, the next source of excitement and hype on the cryptospace is the pump of Eth 2.0. It might be bigger than the halving hehehe.
Have you happened to notice the excitement going on in the rest of the world at present? The chances are something will come out of that that'll reverberate heavily through cryptoland. It could be good or bad but whichever it is it's going to be impossible to avoid.
Why we always blame covid 19? Is the virus give a bad impact for crypto currency price? I think no.
The COVID-19 issue does have a bad impact on the crypto market during the time when every government around the world make quarantine a most for their citizen. Although, it also makes weak investors/traders to panic sell their holding and to exit the market.
Even though Bitcoin price won't go that far beyond $10k but then, I was still satisfied with the market performance. From $10k down $8.7k during halving, not really bad for me (and I hope the other will do). And now, we are hoping to see the passive impact of bitcoin halving. We are looking at how it performed the same in the previous halving where it surges high a year after the event.
Hope to see Bitcoin price at $12k in the 4th quarter.
Hope to see Bitcoin price at $12k in the 4th quarter.
Bitcoin's price is in the roller coaster motion. But as you said, it is already doing good, and now we are more than $9k level. It shows that bitcoin has really solid ground to be in this price level. Many were predicting that it will go down below $5k but here we are trying to reach the $10k again. And yes, I really do hope that we will surpass the $10k mark very soon. Bitcoin has proven that it can withstand a lot of struggles far and beyond.
Even though Bitcoin price won't go that far beyond $10k but then, I was still satisfied with the market performance. From $10k down $8.7k during halving, not really bad for me (and I hope the other will do). And now, we are hoping to see the passive impact of bitcoin halving. We are looking at how it performed the same in the previous halving where it surges high a year after the event.
Hope to see Bitcoin price at $12k in the 4th quarter.
Hope to see Bitcoin price at $12k in the 4th quarter.
I wouldn't say that those anticipations and speculations failed. It's too early to say that because we're just a few days far from the halving day. Most of the speculations say about long term with bitcoin and that's what you should look at.
And with the connection of covid19, it didn't affect bitcoin badly because instead of dropping, it has recovered that much from the March sudden drop and yet it has recovered up to this day.
And we should really be grateful with that on where the market hasnt been heavily affected in spite of the crisis we are facing on.And with the connection of covid19, it didn't affect bitcoin badly because instead of dropping, it has recovered that much from the March sudden drop and yet it has recovered up to this day.
The common mistake of some people is that they do hope for instant results and when things didnt happen on what they do anticipate
then its no surprise that they would say up these things that we already failed or some sort without even tending to try to look
at on what totally happened in the past.Lets wait up for long term because price movement on gradual aspect is more appealing
than to see huge spikes in an instant.
How could the excitement will be over? Like the halving literally just started
Now it takes alot more patience in development, it'll be a year for this effect to stretch its legs most likely. I always like the image of a bull whip, the lag in the length of a rope represents the interconnectedness of events and in the final move we hear the crack of the final rapid movement; this is a long way off.
The actual change is the start if anything I do agree, but its the end of the anticipation and actual movement of events takes alot longer then the hype of speculation. In market effect they are two different moods or seasons, we'll have to wait alot longer then 3 months or however long this pre halvening had in effect towards the price.
Whats next is working through the old pricing and market finding if its bullish enough to pass through or needs more time. We seem to be putting in a new lower high though the weekend might disrupt this formation, check back Sunday evening to confirm. If its lower still then and holds then we check back on 8000 area maybe, it not up then double check below etc.
What kind of speculation failed? because even after halving the price becomes more stable and precisely the price continues to rise slowly, so I guess this kind of movement doesn't mean a failure, but if you assume halving will make the price jump so quickly, then obviously it's something wrong because halving itself does not mean something that will push the prices for bull run. Indeed, the current situation or this year does not seem to be making any major changes to the crypto market itself, but at least the market so far has recovered even better so I am personally confident if this pandemic does not have a major impact on the crypto market, let's see what which will happen at the end of this year because that's when the changes will occur.
Excitement will continue for at least a year, people will continue to talk about how miners are not making as much as they used to, plus the price will continue to increase the less people are selling and people ARE selling less since there is less mined.
I don't know how much people are trading bitcoin per day because there are so many fake volumes right now in the world that I don't know which one is actually real and which one is fake, however I am pretty sure the amount we are not mining per day means to something eventually. Hence how could the excitement could be over when halving continues, the drop is over and now we are mining half, but we are mining half all the time so that means if you are excited about the halving, you should still be happy because its still halved.
I don't know how much people are trading bitcoin per day because there are so many fake volumes right now in the world that I don't know which one is actually real and which one is fake, however I am pretty sure the amount we are not mining per day means to something eventually. Hence how could the excitement could be over when halving continues, the drop is over and now we are mining half, but we are mining half all the time so that means if you are excited about the halving, you should still be happy because its still halved.
I wouldn't say that those anticipations and speculations failed. It's too early to say that because we're just a few days far from the halving day. Most of the speculations say about long term with bitcoin and that's what you should look at.
And with the connection of covid19, it didn't affect bitcoin badly because instead of dropping, it has recovered that much from the March sudden drop and yet it has recovered up to this day.
And with the connection of covid19, it didn't affect bitcoin badly because instead of dropping, it has recovered that much from the March sudden drop and yet it has recovered up to this day.
Nothing much. We still do the usual things. We still wait for the massive pump and we still hold our coins. Others say it will be few months before bitcoin will have a huge pump. We can't really say when, the halving was already finished and it was also my first time seeing how bitcoin will react into this halving thing. But I am so optimistic about it.
Although nothing much, I am happy to see bitcoin price now can back to $9,400 level and still trying to break another high price. The moment for bitcoin price now is good, and hopefully, it can still go up to the higher price. I guess bitcoin price can break more than $9,500 or more at the end of this week so we might have a chance to see $10k will be coming in the next weeks. Nothing much. We still do the usual things. We still wait for the massive pump and we still hold our coins.
Looks like the Run is starting mate because Bitcoin is now growing almost %6 in 24 hours time meaning Halving effect is going to be indeed right?well early to say i guess.Quote
Others say it will be few months before bitcoin will have a huge pump. We can't really say when,
absolutely there is nothing certain though we must trust the Bitcoin for us to taste the profit because the longer we wait is the higher we can earn.Quote
the halving was already finished and it was also my first time seeing how bitcoin will react into this halving thing. But I am so optimistic about it.
actually this is my second time because i have been here last halving and i will tell you that there is a Huge effect that people misses to think that growing will forever.
Nothing much. We still do the usual things. We still wait for the massive pump and we still hold our coins. Others say it will be few months before bitcoin will have a huge pump. We can't really say when, the halving was already finished and it was also my first time seeing how bitcoin will react into this halving thing. But I am so optimistic about it.
We don't need to be hopeless about this case. The dump is not really hard to think that the drops will longer to stay and for sure pumps will come after.
The halving isn't making the price surge high, well I'm not excited to it because in the first place and even the previous halvings never shows such a pump. Eventually, we gonna saw it after halving and that was seems to be exciting to see.
The halving isn't making the price surge high, well I'm not excited to it because in the first place and even the previous halvings never shows such a pump. Eventually, we gonna saw it after halving and that was seems to be exciting to see.
Jump to: