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Topic: The Halvings impact on Bitcoins price - page 3. (Read 1224 times)

hero member
Activity: 2268
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I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.
Indeed. To be honest, i am one of those people who really expect and hope that bitcoin's price will continue to increase it's price after halving, but it all turns out that bitcoin's price decreases and it stays in the range between of $8,000-$9,000. That is why a lot of people have been saying that having too much expectations could really turn into a disappointment.
The bitcoin market price is not disappointed at all if we judge or compare the previous historical price and value of Bitcoin after halving because the price is expected to downtrend for some time before the total bullish market that will make us achieve new ATH will take over.
member
Activity: 1120
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I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.
Indeed. To be honest, i am one of those people who really expect and hope that bitcoin's price will continue to increase it's price after halving, but it all turns out that bitcoin's price decreases and it stays in the range between of $8,000-$9,000. That is why a lot of people have been saying that having too much expectations could really turn into a disappointment.
sr. member
Activity: 1512
Merit: 316
Do I get it right that we have no significant impact of halving? It was predictable. Well, I'm glad that the crypto market has become older and we have more sustainable financial model than previously.

Nothing major happened as such in last 48 hours or so. I was expecting some volatility during this period to happen but it was a smooth ride as such with little on a downside. Though it has reclaimed 9k levels back and probably if it remains stable and slowly keep rising this will be helpful for us to see 10k levels soon in coming time.
newbie
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Do I get it right that we have no significant impact of halving? It was predictable. Well, I'm glad that the crypto market has become older and we have more sustainable financial model than previously.
member
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minerstat
sr. member
Activity: 2506
Merit: 368
I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.
sr. member
Activity: 2828
Merit: 344
win lambo...
I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
there are no more events, the next Halving will occur in 2024, I think indeed the price of Bitcoin will be stable for a few months, maybe the price will play at $ 7000- $ 9000, if resistance at $ 10,000 is bypassed it will be interesting to watch
2020 halving has a different scenario compared to the past two halvings and that next halving will possibly be different as well. Should we think of an instant market effect for this halving? No, for sure.  And even we recall the previous halving, we can't say that but it gives some hope where we can able to see the positive results months after the said event.

And, if we take a look at the market today, it has nothing it's changed. We are still $8.5k-$9k in range, not too back to look at. Now, lets see how the market change in the coming days as halving passes by.
full member
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The OGz Club
I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
there are no more events, the next Halving will occur in 2024, I think indeed the price of Bitcoin will be stable for a few months, maybe the price will play at $ 7000- $ 9000, if resistance at $ 10,000 is bypassed it will be interesting to watch
legendary
Activity: 2884
Merit: 1117
I can't believe that the all waited halving is already here, I mean I don't even know what to expect and it is already happening, I always said I will decide on one direction where the bitcoin will go however we are already here and I still don't know what will happen. That is the awesome thing and horrible thing about bitcoin at the same time, if I go up to you and told you that bitcoin will be 15k tomorrow you would say "it is possible" right? Because it is actually possible.

However if I told you that bitcoin will be 5k, you would think that is possible too right? That is CRAZY, how the hell are we suppose to make a decision on bitcoin price when going 50% on both sides sounds reasonable? I do not think apple will lose even 10% in one day, or earn, that is not possible there, it is totally legit possible here.
sr. member
Activity: 1274
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I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.
sr. member
Activity: 2366
Merit: 332
will be affected, but not instantly, look at the price of Bitcoin now,
DUMP $ 1000 in less than 1 day, even though Halving is only a matter of hours Shocked

That can be expected. At this time around before the halving, uncertainty, emotion and speculation is the order of the day and this is the reason we are going to keep having volatile market until it begins to stable.

On advise note , I think for me it is better to stay outside market if you ain't in already just not to be in difficult situation as more volatility is expected after halving.
full member
Activity: 1110
Merit: 104
will be affected, but not instantly, look at the price of Bitcoin now,
DUMP $ 1000 in less than 1 day, even though Halving is only a matter of hours Shocked
hero member
Activity: 2716
Merit: 552
Even if there is some price increase, it is doubtful coin prices will double from now through April or May 2020. So mining will most likely be less profitable after the bitcoin halving. So bitcoin impact depend on crypto market.

It would become less profitable for the miners. Only the large mining farms will eventually continue, and small time miners will be forced to pause for re-evaluation, since there will be a demand for hardware upgrade every halving.
Now, I guess miners will be motivated depends on the Bitcoin price value.
But, on my second thought, miners won't easily give up knowing their profitability will decrease, since they are a vital piece in this technology by producing new supply into existence.
sr. member
Activity: 771
Merit: 258
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We know that bitcoin goes through a process called halving  in this month. This mechanism was integrated into the protocol by Satoshi Nakamoto himself. After a protocol goes through halving it cuts the supply of new Bitcoins in half, halving the miner's block production rewards. Even if there is some price increase, it is doubtful coin prices will double from now through April or May 2020. So mining will most likely be less profitable after the bitcoin halving. So bitcoin impact depend on crypto market.
legendary
Activity: 3500
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This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we? Tongue
Can't remember exactly, but I think there was way more enthusiasm and hype before the last halving--but nevertheless there's still too many threads speculating about the upcoming halving (which is a day away if I'm not mistaken).

And as I've written before, I don't think we're going to see anything dramatic happen at or after the halving this time around.  The economic butt-slamming that the coronavirus unleashed on the world has also introduced a lot of uncertainty with respect to bitcoin and its growth prospects.  I'm actually surprised it didn't say down in the $5k level when it started dropping a month or so ago. 

But those are just my opinions, and I could be way off the mark.  I'm definitely going to be paying attention to the price for the next week or so, and I'm keeping my fingers crossed.
full member
Activity: 980
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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?
Bitcoin halving has been one event that many of us may be experiencing for the first time since we came to know about cryptocurrencies. Many of us here only know about bitcoin during 2017 bull run and that was impact from what happened in 2016 halving.
full member
Activity: 1372
Merit: 133
No such thing as accurate prediction when we talk about bitcoin.

Yes, we can use history as a basis but there are still differences with the past halving(s).
November 2012 was the first one but it moved up heavily at mid 2013 then 2014.
The 2nd was July 2016 then again moved up heavily December of 2017.

I think this is the scenario. When people just learned that the number of bitcoin out there is going lower, that is when they realize they should buy.
The question is, at what timeline they will realize it again. We will never know. It's always a surprise.
It seems to me that few people expect from the holding immediately on May 14 a real bull run on the cryptocurrency market, but this is still a good reason for investing in bitcoin.  You correctly said that the historical data of previous halving did not give the results that users expect from halving today.  In any case, I personally consider a period of one year, expecting a massive rally from Bitcoin.  Based on this, if we take into account the previous holding, then everything looks quite understandable.  since in 2012 the price of Bitcoin was $ 2.55, after the halving event, a year later, Bitcoin rose to $ 1.35.  Of course, until 2016, the price still actively filed, then rose and almost stopped at the level of $ 250.  In the future, it cannot be said that halving 2016 gave a significant impetus to growth, but nevertheless, in the year after halving in 2016, Bitcoin went up to $ 2,500.  Of course, by the end of 2017, we saw the maximum value of bitcoin.  therefore, the expected halving can show its results only after a year, that is, until May 2021.
sr. member
Activity: 2660
Merit: 339
halving will certainly greatly affect the price of bitcoin in the next few years, I am sure that 90% will be an increase in prices like 2017, and FOMO will happen as before, I am happy now the price is above $ 8500 and can survive in a situation amid a pandemic, we know Bitcoin is one of the strongest instruments after gold
Bitcoin ain't a instrument, maybe you wanted to say asset.

Yeah I agree that halving will make bitcoins more and more precious because if the bitcoins were not going through the halving period all the bitcoins would be mined by now and the value would have been significant much lower than what it is now. Halving just adds some more stability and as we know "scarcity is the key to value" and as miners find it more difficult to mine new bitcoins the current existing ones will benefit from that.

Let's see how it goes and the price has already grown quite nicely and might be a little drop when halving happens then slowly increases.
legendary
Activity: 3318
Merit: 1133
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No such thing as accurate prediction when we talk about bitcoin.

Yes, we can use history as a basis but there are still differences with the past halving(s).
November 2012 was the first one but it moved up heavily at mid 2013 then 2014.
The 2nd was July 2016 then again moved up heavily December of 2017.

I think this is the scenario. When people just learned that the number of bitcoin out there is going lower, that is when they realize they should buy.
The question is, at what timeline they will realize it again. We will never know. It's always a surprise.
jr. member
Activity: 1106
Merit: 1
Bitcoin halving is rise in bitcoin tends to drop before and after a block-reward halving in the short term. the halving may cause the price of Bitcoin to rise, thereby increasing the value of the now smaller reward. Bitcoins are created. It occurs once every four years. Because the halving drops the amount of BTC that is mined as Bitcoin approaches its fixed supply of 21 million, miners will earn less BTC after the halving for performing the same work
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