The Halvings impact on Bitcoins price

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: TimtheYoutuber on May 03, 2020, 01:33:52 PM

Full Read: https://www.forrestvisions.com/blog/bitcoin-halving-2020

I know everyone is excited about the halving and its possible implications on the price of Bitcoin in both the short and long term. To get a good view you need to research previous Halvings, and lucky for you we already did! Check out the blog post above and see how the Halving will impact Bitcoin, the anwser might surprise you.

How do you think Bitcoins price will be impacted by the Halving in 2020?

Late answer but it is given already.

The Halving effect in BTC price is something we regret now,because after the long waiting and keeping the Hold?Yet we are not happy in the result.

Though we have at least Good run after the Bullishness in March but still not enough to what we expected.

Quote from: ?? on ??

Quote from: roman100 on June 03, 2020, 11:07:23 AM

The price of Bitcoin has historically seen significant gains within the 10 to 11 months following a halving, which disincentives miners from selling Bitcoin so early after its occurrence.

Maybe it was before but looking at the market behavior today, you can't even tell that it similarly goes like that. In fact, seeing the volatility in the market today will tell something that any time of the day we can make reach into another ATH. But don't get foolish enough to think that it will stay longer as is possible will drop again just like what it happens in the past days.

Yeah maybe we can see the Bullishness in the next days but also according to market movement we can expect another Bearishness this next days?

so basically what we need now is to risk and wait,capacity to maintain the patience is what we need most now.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

The instant bull markets also do not have the bottom covered all that well so the support is very weak; which all causes the sudden drops as well. Lets say we move to $12k and that we stay there for a long long time, it will be harder to go below $10k again. It could definitely happen again, we could have as low as $4k once again, there is no way to stop that as long as there is enough bitcoins sold on the market, but at least it would make it harder.

But when we move from $9k to $12k and stay there for just 24 hours and move back down, it is going to be a piece of cake to go down since there is nothing stopping it, no support levels, no orders of good size, nothing, just plain old going down directly and all other websites will follow due to arbitrage opportunity that may be created.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: ScamViruS on June 02, 2020, 11:55:48 AM

Quote from: ene1980 on June 01, 2020, 03:36:24 PM

Quote from: ScamViruS on June 01, 2020, 02:33:44 PM

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse day by day people are losing jobs so how do you expect people to be interested in investing now. The bull market will not come without retail investors. You may have seen usdt printing and injecting in the market, there are only a few behind it. Everything takes time, I am hopeful Bitcoin will start the real run again very soon, when we get out of this situation

There is no doubt that the economic situation is struggling but what we have to understand that the bitcoin market could be controlled by financial fund houses if they have a few billions of dollars and that is what i am expecting. These financial investing fund houses knew that the price of bitcoin would rally every halving and if these fund houses consider investing in bitcoin where they are already doing in now we might see a rally.

Yeah they control the bitcoin market. But there remains a possibility they will want to accumulate more bitcoin. Because now everyone is struggling financially, cash is needed so retail traders are being forced to sell their bitcoin. So it seems to me that big investors will want to take this opportunity. They will fill their bags more and drive retail traders out of the market. I could be wrong, I just expressed my opinion.

they don't need to accumulate more Bitcoin because they are bagging our money and not our bitcoins.
they tend to sell once after the manipulation happens and this is the sad part of crypto market and this is also the same
reason why other big businessman are afraid of investing inside.

Yeah we cannot stop them to do so but we can make some difference if we will go one way with the other small
investors/holders.

we can Buy small amount that we can afford to lose constantly,this little amount can contribute whenever there is a plan
for another price controlling.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: ?? on ??

Quote from: roman100 on June 03, 2020, 11:07:23 AM

The price of Bitcoin has historically seen significant gains within the 10 to 11 months following a halving, which disincentives miners from selling Bitcoin so early after its occurrence.

Maybe it was before but looking at the market behavior today, you can't even tell that it similarly goes like that. In fact, seeing the volatility in the market today will tell something that any time of the day we can make reach into another ATH. But don't get foolish enough to think that it will stay longer as is possible will drop again just like what it happens in the past days.

It is expected to drop that fast since there are traders out there and the fast one only could benefit the highest profit. That's how the market works and Bitcoin halving it is indeed needed more months or almost a year to be able to see the bullish market after the halving. This is why Bitcoin is too volatile because of the traders and the next ATH won't just happen right away it needs a very deep bottom before it shoots up on the sky.

STT

legendary

Activity: 4088

Merit: 1452

Quote from: ScamViruS on June 01, 2020, 02:33:44 PM

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse

The economy might contract, probably globally it will pullback and that is a big deal as its not occurred for many years but the important distinctive point here is the units of exchange for that trade will not reduce because monetary base is being expanded. An easy way to counter contraction in business is to produce more notes and so lessen the burden of debt or contractual obligations that various businesses may have. This is the modern policy exercised by central banks and governments for many years now, the result is BTC will not see a vast pressure on its trading numbers that it might have otherwise.
It would be far better to see a normally performing expanding business level conducted in every country but we have instead weak currency and low interest rates which is barely any competition to competing currencies like Bitcoin.
Halvening itself in every situation has to take time to take effect, the block rewards for most of this year have been the full amount, the change so far is from speculation of future reductions and how that will change price and supply and demand.

roman100

member

Activity: 136

Merit: 10

The price of Bitcoin has historically seen significant gains within the 10 to 11 months following a halving, which disincentives miners from selling Bitcoin so early after its occurrence. million bitcoins have been minted out of a total of 21 million that will ever be created. the cryptocurrency market and the unwillingness of buyers to step in amid extreme volatility and uncertainty.

ScamViruS

hero member

Activity: 1876

Merit: 721

Top Crypto Casino

Quote from: ene1980 on June 01, 2020, 03:36:24 PM

Quote from: ScamViruS on June 01, 2020, 02:33:44 PM

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse day by day people are losing jobs so how do you expect people to be interested in investing now. The bull market will not come without retail investors. You may have seen usdt printing and injecting in the market, there are only a few behind it. Everything takes time, I am hopeful Bitcoin will start the real run again very soon, when we get out of this situation

There is no doubt that the economic situation is struggling but what we have to understand that the bitcoin market could be controlled by financial fund houses if they have a few billions of dollars and that is what i am expecting. These financial investing fund houses knew that the price of bitcoin would rally every halving and if these fund houses consider investing in bitcoin where they are already doing in now we might see a rally.

Yeah they control the bitcoin market. But there remains a possibility they will want to accumulate more bitcoin. Because now everyone is struggling financially, cash is needed so retail traders are being forced to sell their bitcoin. So it seems to me that big investors will want to take this opportunity. They will fill their bags more and drive retail traders out of the market. I could be wrong, I just expressed my opinion.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: ScamViruS on June 01, 2020, 02:33:44 PM

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse day by day people are losing jobs so how do you expect people to be interested in investing now. The bull market will not come without retail investors. You may have seen usdt printing and injecting in the market, there are only a few behind it. Everything takes time, I am hopeful Bitcoin will start the real run again very soon, when we get out of this situation

There is no doubt that the economic situation is struggling but what we have to understand that the bitcoin market could be controlled by financial fund houses if they have a few billions of dollars and that is what i am expecting. These financial investing fund houses knew that the price of bitcoin would rally every halving and if these fund houses consider investing in bitcoin where they are already doing in now we might see a rally.

ScamViruS

hero member

Activity: 1876

Merit: 721

Top Crypto Casino

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse day by day people are losing jobs so how do you expect people to be interested in investing now. The bull market will not come without retail investors. You may have seen usdt printing and injecting in the market, there are only a few behind it. Everything takes time, I am hopeful Bitcoin will start the real run again very soon, when we get out of this situation.

bearexin

full member

Activity: 1162

Merit: 168

Bitcoin did changed for the halving, it just happened before hand and not after. The price was around 7k at the start of the year and peaked over 10k, right now it is over 9k and that is still a good increase, we are talking about almost a 30% increase which rarely you see in investments. It did dropped in between because of the pandemic but it recovered thankfully. Those increases could be attributed to halving, especially when it dropped so much because of the pandemic, it was around 5-6 thousand dollars for a while, but right before the halving the price went up once again above 9k levels which is more like a 50% increase almost.

So at the end of the day, the price went up and that was because of halving, it doesn't have to increase afterwards for it to be halving related, it went up before and that's enough.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Oasisman on June 01, 2020, 05:02:53 AM

Quote from: pooya87 on May 31, 2020, 09:52:16 PM

Quote from: YOSHIE on May 31, 2020, 09:44:53 AM

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

bitcoin price did change a lot before halving like the previous two times but the situation was not at all similar since we had the COVID19 worldwide economy crash that also impacted bitcoin and we also had to recover from that.

We might be fully recover when vaccines is already available for public use. They are still making a lot of clinical trials, and we'll be expecting the vaccine to come out early next year. So, If we're to follow the halving trend, next year would be a perfect timing for Bitcoin to make a good run while the traditional market recover upon the clearing of the virus as well. These price changes that we're experiencing today doesn't really matter once the post halving priced in.

Until the vaccine is being made we will be in danger of total economic collapse. In danger. Not that it will happen for sure. Just a threat. And threat is what moves price of Bitcoin most. I simply dont see 2020 as even semi bullish year. It will be similar as 2019 or even worse. Lets hope for the best in 2021.

stiffbud

hero member

Activity: 980

Merit: 500

Quote from: ethereumhunter on May 21, 2020, 12:53:58 PM

It's interesting because the bitcoin price now is going down. It seems the price cannot stay at a price now. I am waiting a good moment to buy more bitcoin at below than $9k if the price goes down into that price. But I hope that the price will not go down $9k because that can make people become panic, and that can make the price will go down deeper.

But a lower price would mean more bitcoins for you at a lower price, so it will be a good opportunity for buying more coins.
According to me the price can go down if the bitcoin price doesn't cross the $10k mark in a few days and if the price dumps then it can create a dump phase which can easily clear all the profits made in the past year and we can see the bitcoin back in $5k range. But personally I don't want to see a dump and I am only interested in watching the price to at least touch $20k again.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Quote from: kesmex on June 01, 2020, 09:02:57 AM

Halving will indeed make changes to Bitcoin, of course, is the price, the price of Bitcoin will be in the spotlight, because in Halving 1 and 2 the price of Bitcoin rises after halving is finished, and halving 3 will likely be repeated

For the time being we need time to see bitcoin move because in this month bitcoin is not able to touch $ 10k if this is indeed market control by the pope so it is difficult to get up after halving is over.

But this possibility could happen in a few months maybe also because of the Covid-19 effect that affected the crypto market.

kesmex

full member

Activity: 1110

Merit: 104

Halving will indeed make changes to Bitcoin, of course, is the price, the price of Bitcoin will be in the spotlight, because in Halving 1 and 2 the price of Bitcoin rises after halving is finished, and halving 3 will likely be repeated

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: pooya87 on May 31, 2020, 09:52:16 PM

Quote from: YOSHIE on May 31, 2020, 09:44:53 AM

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

bitcoin price did change a lot before halving like the previous two times but the situation was not at all similar since we had the COVID19 worldwide economy crash that also impacted bitcoin and we also had to recover from that.

We might be fully recover when vaccines is already available for public use. They are still making a lot of clinical trials, and we'll be expecting the vaccine to come out early next year. So, If we're to follow the halving trend, next year would be a perfect timing for Bitcoin to make a good run while the traditional market recover upon the clearing of the virus as well. These price changes that we're experiencing today doesn't really matter once the post halving priced in.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: YOSHIE on May 31, 2020, 09:44:53 AM

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

bitcoin price did change a lot before halving like the previous two times but the situation was not at all similar since we had the COVID19 worldwide economy crash that also impacted bitcoin and we also had to recover from that.
now that we are after-halving things are back to normal again, you can't expect price to shoot up for no reason. after all bitcoin is not a pump and dump altcoin!

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: YOSHIE on May 31, 2020, 09:44:53 AM

Quote from: TimtheYoutuber on May 03, 2020, 01:33:52 PM

How do you think Bitcoins price will be impacted by the Halving in 2020?

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

I'm sure everything needs a process to achieve success and peak, for now bitcoin is only halfway left, so, the habit if something is needed is increasingly scarce, the price will skyrocket, it might happen to Bitcoin and other cryptos, just the time might not be right yet.

In essence, Bitcoin can be said to include futures investment assets, however, if you believe that Bitcoin has a positive impact in the future continue to invest.

In view of history, halving has indeed given positive results in the near future, with prices continuing to soar, but this time bitcoin is still held below $10k from before halving happened and now it's gone.

It is true that bitcoin is investing in futures, but I am also here as a bitcoin holder and will continue to invest for the future and we will likely see the real price.

Although now it's hard to redeem 10k but I'm sure it can be easily past when the bullish comes.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: TimtheYoutuber on May 03, 2020, 01:33:52 PM

How do you think Bitcoins price will be impacted by the Halving in 2020?

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

I'm sure everything needs a process to achieve success and peak, for now bitcoin is only halfway left, so, the habit if something is needed is increasingly scarce, the price will skyrocket, it might happen to Bitcoin and other cryptos, just the time might not be right yet.

In essence, Bitcoin can be said to include futures investment assets, however, if you believe that Bitcoin has a positive impact in the future continue to invest.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: keystroke on May 23, 2020, 10:23:03 AM

It looks like a fairly large difficulty drop is coming, currently estimated as between -17.6856% and -7.4388% by diff.cryptothis.com. Miners are not having an easy time for the moment.

Its somehow anticipated where we do know that block rewards had been cut in half which basically means that it would really be a big pain in the ass
to miners.So it isn't really that shocking that most of them will turn off their rigs and wont continue because its just normal for you to
stop when you do look that you aren't feasible already.

Quote from: ethereumhunter on May 21, 2020, 12:53:58 PM

It's interesting because the bitcoin price now is going down. It seems the price cannot stay at a price now. I am waiting a good moment to buy more bitcoin at below than $9k if the price goes down into that price. But I hope that the price will not go down $9k because that can make people become panic, and that can make the price will go down deeper.

Going back down in 8k price wont really make a panic but I do rather believe that if the community would able to see a crash like scenario
where a big red candle neither on hourly TF shown or less then I would say that kind of feeling comes out but actually its hard to predict
on what would be the next possible moves of btc.

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

It looks like a fairly large difficulty drop is coming, currently estimated as between -17.6856% and -7.4388% by diff.cryptothis.com. Miners are not having an easy time for the moment.

Topic: The Halvings impact on Bitcoins price (Read 1224 times)