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Topic: The next halving 2020 (Read 366 times)

full member
Activity: 378
Merit: 100
October 20, 2018, 08:04:33 AM
#30
growth has a certain date. I think this is an additional incentive, but not always a decrease in the reward for the block affected the growth
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
October 18, 2018, 09:40:05 AM
#29
Certainly, halving helps with the increase of BTC price, but let's not forget that the technique is still moving forward and every few months on market show up new, stronger miners. We don't known what power will have processors in two years.
The less bitcoins that’s being mined, the more the value seems to go up and with the manner and speed that people are mining bitcoins it’s goong to be very scarce and we all know that the scarcity of an item, the more it’s value goes up.

it is partly coincidence because the halvings (less bitcoin being mined) happens with the constant growth of demand and it is in fact the demand that is pushing the price up not the supply (mined coin and how much of it).
in other words bitcoin is not going to be scarcer because of halving. supply is constantly growing so there is more bitcoin every 10 minutes on average!
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
October 18, 2018, 09:34:51 AM
#28
Certainly, halving helps with the increase of BTC price, but let's not forget that the technique is still moving forward and every few months on market show up new, stronger miners. We don't known what power will have processors in two years.
The less bitcoins that’s being mined, the more the value seems to go up and with the manner and speed that people are mining bitcoins it’s goong to be very scarce and we all know that the scarcity of an item, the more it’s value goes up.
hero member
Activity: 868
Merit: 502
October 18, 2018, 09:12:56 AM
#27
The amount of bitcoin mined will increase but this does not mean that the price will also be twice as high.To clearly give an example, I want to replace Bitcoin with matches.Let's imagine that the number of matches increases every day but the sulfur for the manufacture of matches ends.According to the logic of things, people should run to the stores and buy as many matches as possible, but then a new plant unexpectedly appears and begins to manufacture lighters at a cost that is much lower than matches.I think it is not necessary to explain what I meant by the word ,, lighter ,,.In this context,I do not want to say that bitcoin will disappear, I want to say that it is not the fact that its price will be much higher.
sr. member
Activity: 539
Merit: 255
October 17, 2018, 07:19:41 PM
#26
Certainly, halving helps with the increase of BTC price, but let's not forget that the technique is still moving forward and every few months on market show up new, stronger miners. We don't known what power will have processors in two years.
jr. member
Activity: 280
Merit: 1
October 17, 2018, 06:59:12 PM
#25
In 2009,50 new bitcoins were created every ten minutes.
In 2012 first halving,25 new btcs were created,in 2016 second halving 12.5 btcs were created every ten minutes and in 2020,third halving only 6.25 btcs would be created for every ten minutes.

So whatever the price of bitcoin be now,just stay tuned and bitcoin price would face a big rise on 2020.Just 637 days more approximately.

https://www.reddit.com/r/Bitcoin/comments/99v2tr/that_next_halving/
When bitcoin first appeared in 2009, maybe at that time it was still very quiet and also Blockchain technology had not been heard much or many people knew it like today. If it is likely that in the coming 2020 the price of bitcoin will soar to exceed that which has ever existed or maybe as late as last year. I think this is not an impossible thing, we know that bitcoin is crypto the oldest and currently always leads as king. I hope and have almost the same thoughts as you Mr. r32godzilla. Thank you for the motivation and also the description that you have conveyed here.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
October 17, 2018, 05:30:06 PM
#24
In 2009,50 new bitcoins were created every ten minutes.
In 2012 first halving,25 new btcs were created,in 2016 second halving 12.5 btcs were created every ten minutes and in 2020,third halving only 6.25 btcs would be created for every ten minutes.

So whatever the price of bitcoin be now,just stay tuned and bitcoin price would face a big rise on 2020.Just 637 days more approximately.

https://www.reddit.com/r/Bitcoin/comments/99v2tr/that_next_halving/


2020 Bitcoin Halving is what lots of investors are looking  and waiting  for, best decision is to ensure there is some amount of Bitcoin in my wallet in order to enjoy the bonus run, but before the halving sure 2019 is a year to watchout for in the Bitcoin community, the future is bright for Bitcoin.
member
Activity: 518
Merit: 11
October 17, 2018, 04:58:12 PM
#23
yes, and of course if public demand continues to increase. we hope that the good response from the public will always improve better in the public eye.

2019 and 2020 will be a year of victory for bitcoin. bitcoin will be more than $ 20K.
jr. member
Activity: 238
Merit: 1
October 17, 2018, 04:27:21 PM
#22
Yes, I also think that we will see growth exactly in 2020, but not before because the bearish cycle is not yet completed in the market Smiley
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
October 17, 2018, 03:59:47 PM
#21
I believe that would be the final halving of mining rewards as the finite supply of 21million bitcoin would be created before we could have a fourth halving.
Would be interesting to see how the market reacts.
sr. member
Activity: 420
Merit: 250
October 17, 2018, 03:38:41 PM
#20
this logic is correct, just here you need to add the number of people who will lose access to bitcoin or put it on long-term storage
jr. member
Activity: 266
Merit: 1
October 17, 2018, 02:48:08 PM
#19
to start a bull trend you need a good catholyzer. just so the market will not start moving. for now everyone hopes ETF approval will be the cathizer
jr. member
Activity: 33
Merit: 1
October 17, 2018, 02:02:15 PM
#18
Up about 10x. Hmm then 100-200k range say $150k 😎
member
Activity: 1456
Merit: 10
October 17, 2018, 11:41:42 AM
#17
To get some good  of course we have to wait. I think 2020 will arrive a bit better before bitcoin arrives,
price can start growing again again.
hero member
Activity: 3080
Merit: 603
August 28, 2018, 03:08:41 AM
#16
It isn't long, its few steps away and I can also remember the first halving that I've witnessed and saw on how it made the price of bitcoin went up after few months. I would hope for this for the price increase not with any of those events that are being hoped by others until September.
jr. member
Activity: 197
Merit: 1
August 28, 2018, 02:58:56 AM
#15
I think that Bitcoin in 2020 will grow very well as ETH, because they now have a chart suitable for big growth!
member
Activity: 448
Merit: 10
August 26, 2018, 10:19:35 PM
#14
I believe that in the next halving year in 2020, btc would be able to further rise wherein the market price could probably reached more than the $25 K USD level. Moreover, because of the increasing demand on btc those rising possibilities is not far to achieve and during that time, I believe the market might be much stable as compared to the current market.
legendary
Activity: 3472
Merit: 10611
August 26, 2018, 09:46:49 PM
#13
~

the only thing i see in that chart is the fact that bitcoin price has been rising regardless of halving or anything else. in the long run the rise is strong and inevitable as the demand for bitcoin increases with more adoption.



and also the fact that each time halving causes a lot of unnecessary drama and volatility for a short time on a short scale. as it is seen on the charts as a quick big rise up in the price before the halving and then a drop/correction and no rise for a period of time after it.

full member
Activity: 812
Merit: 101
August 26, 2018, 09:35:05 PM
#12
yes, 2020 will be a big year for bitcoin, so from now we better focus on collecting BTC or ETH. but BTC must be prioritized over ETH.

I don't want to lose another chance again, because I have lost the low value of bitcoin.
sr. member
Activity: 2618
Merit: 439
August 26, 2018, 08:21:24 PM
#11


Source: https://en.insider.pro/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/

If we are going to look at the chart, it looks like its the price has a good chance to increase after the halving in 2020. Anyways, we have 2 more years to processed everything before the next halving, and perhaps by that time, the price has really increased a lot and the halving will just be another catalyst to more the price even higher.
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