I really want the halving bitcoin that will happen next month to be as successful as the two halving before it. But see the conditions
and the current situation that is in crisis, I must be able to accept the reality that halving will not be as we expected. The possibility
of bitcoin prices reaching all time high is very small, it can happen, in my opinion the price of bitcoin can reach $ 10k is very good.
Topic: Time to discuss next halving? (Read 675 times)
Speaking of halving, while it's only about a month away, we cannot predict how it'll play out in the time of the pandemic, and I don't expect Bitcoin to rise much.
We need more new user to make bitcoin price going up again. Because if the user of bitcoin can't be increase then there will have a little chance for bitcoin price touch another all time high. I know bitcoin was going up for more then 600% in the past halving event and I admit that at that time many people had been interested to bitcoin we can see the popular search in google platform was the keyword of bitcoin. But now, we haven't see it again maybe we need more time about it.
New users are good when it comes to adoption, but I don't think that what we need in terms of getting the price to rise is a whole bunch of newbies. It can drive the price up at first, but what's bad about newbies is that they are very susceptible to panic selling and would thus abandon Bitcoin even if something small but alarming happens. Then the price will crush hard, just like it did in 2018. I'd rather see Bitcoin always stable around $10k or something than prefer it to rise and fall significantly.
We need more new user to make bitcoin price going up again. Because if the user of bitcoin can't be increase then there will have a little chance for bitcoin price touch another all time high. I know bitcoin was going up for more then 600% in the past halving event and I admit that at that time many people had been interested to bitcoin we can see the popular search in google platform was the keyword of bitcoin. But now, we haven't see it again maybe we need more time about it.
Holding to me means the next halving and nothing less. We have to know that, things have changed since the last bitcoin halving as the market tends to consolidate the previous market. We have seen when the price of Bitcoin doubled during the halving but to the next halving we're not too sure to have double but an appreciation in the price of Bitcoin.
Am holding my stash because I believe that, the market will surely appreciate after the Bitcoin halving.
Am holding my stash because I believe that, the market will surely appreciate after the Bitcoin halving.
I think we shouldn't be that positive about it.
As the stock falls, we all know it will go back since we are talking about THE STOCKs, right? These investors would surely be waiting for the best time to get back or maybe starting right now since the stocks fell while bitcoin on the other hand, despite the fall of the stocks experienced, the price of bitcoin is not that damaged. The fall of bitcoin last week is something that the pandemic has nothing to do, we should always remember that.
As the stock falls, we all know it will go back since we are talking about THE STOCKs, right? These investors would surely be waiting for the best time to get back or maybe starting right now since the stocks fell while bitcoin on the other hand, despite the fall of the stocks experienced, the price of bitcoin is not that damaged. The fall of bitcoin last week is something that the pandemic has nothing to do, we should always remember that.
Imagine talking about bitcoin correlation with stock markets 2 years ago or even 2 months ago,,, I seriously do not get it how some people are thinking stocks influence bitcoin just after a couple of weeks of similar price movements, right?
Pandemic did not cause bitcoin to crash, a bad situation for everyone caused bitcoin AND everything to crash.
I think we shouldn't be that positive about it.
As the stock falls, we all know it will go back since we are talking about THE STOCKs, right? These investors would surely be waiting for the best time to get back or maybe starting right now since the stocks fell while bitcoin on the other hand, despite the fall of the stocks experienced, the price of bitcoin is not that damaged. The fall of bitcoin last week is something that the pandemic has nothing to do, we should always remember that.
As the stock falls, we all know it will go back since we are talking about THE STOCKs, right? These investors would surely be waiting for the best time to get back or maybe starting right now since the stocks fell while bitcoin on the other hand, despite the fall of the stocks experienced, the price of bitcoin is not that damaged. The fall of bitcoin last week is something that the pandemic has nothing to do, we should always remember that.
Unfortunately as much as I love Bitcoins ,I would advise you guys to hold your horses down because halving might be a good thing but at the same time it might be not , nothing comes with a certainty , the only thing that comes with certainty is loosing your hard-earned money in a time of quarantine will prove to be really really bad.
I would urge everyone to be extra cautious and rather than first weight your aces and then use specifically made softwares to analyze and remember that even they don't come with 100% certainty .
* There have been predictions of Bitcoins being both up and down perse but time will tell .
I would urge everyone to be extra cautious and rather than first weight your aces and then use specifically made softwares to analyze and remember that even they don't come with 100% certainty .
* There have been predictions of Bitcoins being both up and down perse but time will tell .
It is true that now we do not have the best conditions but the crypto market does not stop and that is our best advantage. I am still optimistic that we will have good news about BTCitcoin soon.
At the end of the month, we can see how it has responded to the Coronavirus pandemic globally.
Remembering that Bitcoin is a digital asset but those who make use of it, they are human.
At the end of the month, we can see how it has responded to the Coronavirus pandemic globally.
Remembering that Bitcoin is a digital asset but those who make use of it, they are human.
There is maximum number of people who are interested in bitcoin and they are practically getting into the market when the market was not this popular it faced a huge up and when it is this much popular we can just assume what is coming.
Definitely we could expect more explosive movement depending on how this recession turns out. With stock market continues price stimulus and the rate cuts and the coronavirus halting the economy this could be a slow death to the Fiat currencies. If the people loses confidence with traditional investment then this years halving could be the biggest. Especially when people are fearful and finding assets to store all their wealth.
I think we shouldn't be that positive about it.
As the stock falls, we all know it will go back since we are talking about THE STOCKs, right? These investors would surely be waiting for the best time to get back or maybe starting right now since the stocks fell while bitcoin on the other hand, despite the fall of the stocks experienced, the price of bitcoin is not that damaged. The fall of bitcoin last week is something that the pandemic has nothing to do, we should always remember that.
time to discuss halving again will it bring us what we all expect
you know that there is no such thing in this market mate because volatility is what runs in our trading here so expecting our waiting to come true is just part of speculating but reality comes right after.there are chances that will come true but mostly not unless you can afford to wait more.
just like now that we are experiencing the most big dump recorded in 1 day so better to go with the market flow for not to become frustrated.
There is maximum number of people who are interested in bitcoin and they are practically getting into the market when the market was not this popular it faced a huge up and when it is this much popular we can just assume what is coming.
Definitely we could expect more explosive movement depending on how this recession turns out. With stock market continues price stimulus and the rate cuts and the coronavirus halting the economy this could be a slow death to the Fiat currencies. If the people loses confidence with traditional investment then this years halving could be the biggest. Especially when people are fearful and finding assets to store all their wealth.
As we understand many price factors are now challenging Bitcoin and Economy in general
You are right. It will be difficult to predict because there are many factors possibly to influence the Bitcoin price currently. The upcoming halving is scheduled for the next month, while we are in a bad situation as Corona outbreak around the world. Some people state that we will face the world's economic recession. It already caused an impact on the Bitcoin price move, the decrease happened during the pandemic. If it continues we may fail to see the chance of a big jump this year. 
As we understand many price factors are now challenging Bitcoin and Economy in general
You are right. It will be difficult to predict because there are many factors possibly to influence the Bitcoin price currently. The upcoming halving is scheduled for the next month, while we are in a bad situation as Corona outbreak around the world. Some people state that we will face the world's economic recession. It already caused an impact on the Bitcoin price move, the decrease happened during the pandemic. If it continues we may fail to see the chance of a big jump this year.
Everybody knows about this halving but one thing we are not coming into terms is that the world's Economic force is down and money is not flowing into any market. The little people got stored up are being spent during this lockdown hence this halving will not bring about any huge rise in the price of bitcoin. i think we need to make this clear so that people don't put all their hopes in it.
Bitcoin halving is an Important event but we can not predict anything over Bitcoin halving as far as we know that the price of block rewards will be divided twice but this migth fall upon previously Halving cycle in changing Bitcoin price No, we can't predict that for now. As we understand many price factors are now challenging Bitcoin and Economy in general
The next coming halving is coming from the next three months and it is better if we keep holding a lot of coin as we can because the halving is can double the market price of the coin immediately by just having a good is upward price but still we have a crisis about this pandemic and it stops the market pride of the coin to make more increase rapidly but again there are a lot of people helping to make the investment so the market price of the bitcoin will remain at the top and also the graph of the coin today are now showing a good outcome because from the amount of 3k dollars it is now stable in 6k dollars it is quite profitable enough.
Haha I didn't know these guys are discussing the halving event as early as 3rd quarter last year, I'm pretty sure their expectation towards halving is pretty high lol. Look at the market now, stock and crypto, both in bloody tub and all of us here are just waiting to get in. What I expect to the halving with through this current situation is that, we can't have what we are praying for right after the halving, world is healing and so the bitcoin too, so I guess there would be a pump in late 2020. Come one guys, this year isn't doing good.
Of course, we need to draw an analogy with the past years. But this does not mean that the situation will be repeated if we compare the graphs. Before each rise or fall of bitcoin, there was a strong catalyst that moved the price. It seems to me that the situation with the bears will be solved when the major countries (TOP 5) in the world recognize bitcoin as a legal currency. And this will be a big push for speculation. It is speculation that drives the price strongly.
The halving is a significant event, but people should not only look forward to it, because they know the price will increase when it happens. It is a marvel to admire because Satoshi anticipated that we would need a halving every 4 years to increase the rarity of the coins. I do not think that there are any relationship between the halving and previous spikes in the price. 
I am just happy that we are still receiving a lot of coins to buy and this is something to celebrate.. as time goes by, less coins will be available for people to buy and we will have had a good opportunity to buy coins before all these halvings.
I am just happy that we are still receiving a lot of coins to buy and this is something to celebrate.. as time goes by, less coins will be available for people to buy and we will have had a good opportunity to buy coins before all these halvings.
technically speaking halving is not increasing the rarity of bitcoin nor does it reduce the supply. and as time goes by there is more and more coins available for people to buy because the supply is increasing every day and bitcoin is not burning or being destroyed (apart from a small percentage of loss due to loss of private key,...) so even with halving the supply is increasing.
what halving does is that it slows down the process of creating new supply or slows down printing bitcoin. and since a part of sell pressure is from miners selling their new coins, halving reduces that so the price can rise easier in the future after the halving. and that is why everything before halving is pure hype.
The net effect is still essentially the same. As we all know, the price is determined by the balance of supply and demand, and both are dynamic parameters, which means we should consider them as flows rather than some fixed amounts. In this way, halving diminishes supply, and the diminished supply leads to the same effect when bitcoins are becoming more scarce.
Strictly speaking, we can't consider scarcity as some absolute value either, like 21M bitcoins. We should also look at how many people want these bitcoins. In other words, scarcity may increase even with more coins in total as in the case when the demand for coins increases faster than the supply of them.
I think in the near future we should not expect any significant changes for the better, but I think at the beginning or by the middle of next year will begin positive changes and it will be the best time for investment.
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