we all were waiting for bitcoin halving, we got bitcoin price halving

Oceat

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Quote from: Botnake on April 07, 2020, 10:13:02 AM

Quote from: jhonjhon on April 04, 2020, 06:19:59 PM

Quote from: Botnake on April 04, 2020, 06:43:33 AM

Quote from: coinfinger on April 04, 2020, 05:33:54 AM

Where is the price halving now?

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

That was long enough time spare for the market to recover. The positive looks of the market this time meant good for the coming days but of course, isn't be like before that the price rallying at high.
may we could say that this year's halving isn't in perfect time crypto and can't have to expect a bullish market if this pandemic will not stop.

It looks like the market is bullish now, we are not expecting bitcoin will rise but like I said, it could surprise us and we are seeing it now.
As long as bitcoin remains bullish, people will again expect that bitcoin will have more uptrend as we are nearing the halving time and this is the time that we can expect some investors to come in and whales doing what they do best of manipulating the price,

I don't feel the crisis in crypto, looks like we are at the right direction now.

I guess it's already recovering back from the bearish trend, is it? It seems that the bullish and bearish trends seems to go back and forth thus making it hard to predict the next possible price. With the upcoming of Bitcoin halving in May I think almost everyone are expecting something that would make the price to rise which is beyond to my expectations since after the halving it would take more months before we could actually see the real effect of Bitcoin halving that will lead to bull run.

Botnake

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Quote from: jhonjhon on April 04, 2020, 06:19:59 PM

Quote from: Botnake on April 04, 2020, 06:43:33 AM

Quote from: coinfinger on April 04, 2020, 05:33:54 AM

Where is the price halving now?

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

That was long enough time spare for the market to recover. The positive looks of the market this time meant good for the coming days but of course, isn't be like before that the price rallying at high.
may we could say that this year's halving isn't in perfect time crypto and can't have to expect a bullish market if this pandemic will not stop.

It looks like the market is bullish now, we are not expecting bitcoin will rise but like I said, it could surprise us and we are seeing it now.
As long as bitcoin remains bullish, people will again expect that bitcoin will have more uptrend as we are nearing the halving time and this is the time that we can expect some investors to come in and whales doing what they do best of manipulating the price,

I don't feel the crisis in crypto, looks like we are at the right direction now.

BlackFor3st

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Quote from: SwayStar123 on March 12, 2020, 02:50:49 PM

Bitcoin halving combined with this bitcoin price halving will surely leads to greater rise in price

Less bitcoin earned by miners --> Price of bitcoin is less --> Miners refuse to sell at loss --> Lower seller means buy pressure is high --> Buy pressure is high means price is high

You are an advance thinker but as what I notice to the market, they have similarities but the didn't work like that at all because miners are doing their job to earn a profit and we cannot say whether they are going to hold or sell as they are free on what they are going to do to their earnings.

And with regards to price increase it will come from demand usually, though you have a point that the price will increase if the seller will be less and the buyer will keep on coming. But these scenario can be easily altered by big whales as they control most of the supply but with regards to the upcoming halving I also believe that the bitcoin price will continue to increase until we hit the bitcoin halving.

carlisle1

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Quote from: Hippocrypto on April 02, 2020, 07:09:58 PM

Quote from: Bttzed03 on April 02, 2020, 09:34:25 AM

Well done for a great topic title, that made me laugh Grin

We are indeed in a strange situation. I'm not even sure if any speculators cares about the halving right now. I think everyone is just waiting for that proven COVID-19 cure to bring things back to normal like "business as usual" before markets (including crypto) starts recovering and that will most likely take months for each economy to fully recover.

This might take several months before taking off for an effective remedy of this kind of pandemic virus. It won't be easy for the world to bring back the normal life that we used to have. But nothing's imposible for all who wanted to seek brighter future with bitcoin, because it remains unpredictable for years until present. Recovery will always be a tentative situation to consider, so every now and then let's hope for positive outcome sooner.

That is a normal thing to take at least months or year for recovery because this is one of the Biggest crisis world encountered after the WorldWar2 so basically this will affect the economy more after the pandemic has gone but at least we knew that it will recover .

This market is proven to be Growing and falling for how many years now at least 10 years?so what ever this pandemic causes still recovery will follow soon.

STT

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There isnt any price in the world that qualifies as never going down, if people want a safe haven of that type I dont think they'll be finding it. Over a number of years BTC is a reasonable hold within a range of assets that everyone should have not reliant on just FIAT as many or quite a few have no other income outside of current job which is dangerous unfortunately as we are seeing presently.
Safe haven could just mean distinct from other types of value possible to hold, reasonable hold for example is cans of food that will last years and is very practical wealth I think again underestimated especially when consumer goods just go up year on year.

GrayFullbuster

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Quote from: FanEagle on April 05, 2020, 12:41:44 PM

Unfortunately bitcoin doesn't really look like a safe heaven these days, it is still a great one and all but not that much, people are shifting towards something more old school and more reliable as well, bitcoin showed its hand during this pandemic and it is not really all that great unfortunately.

Don't get me wrong in the long term as an investment bitcoin is still better, much better than anything else, however when we are talking about panic days bitcoin drops as much as anyone else and the fact that it can go even lower it really hurts us all because we lack liquidity and have only few billions at most trading whereas stock markets have hundreds at a time. Hopefully this will change one day but I have my doubts and surely some other people do as well.

Bitcoin is not a safe heaven after all, I do not think why there are people who think that it is safe investment like gold. Look what happened recently where the price of the bitcoin reached $3890 per each, everybody is panicking. Due to its volatility I do not see it as safe heaven and we should treat it as a high risk investment.

DeadCoin

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Just a few questions, the previous result of bitcoin halving the first, and the second halving showing that it has a good impact on the market.
Although the result is quite late at least the market showing a good improvement at that time. Probably it will also happen on this 3rd halving event. Let just see what will happen to the crypto market but one thing I had known, the crypto market is unpredictable.

FanEagle

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Unfortunately bitcoin doesn't really look like a safe heaven these days, it is still a great one and all but not that much, people are shifting towards something more old school and more reliable as well, bitcoin showed its hand during this pandemic and it is not really all that great unfortunately.

Don't get me wrong in the long term as an investment bitcoin is still better, much better than anything else, however when we are talking about panic days bitcoin drops as much as anyone else and the fact that it can go even lower it really hurts us all because we lack liquidity and have only few billions at most trading whereas stock markets have hundreds at a time. Hopefully this will change one day but I have my doubts and surely some other people do as well.

ballerin and giroud

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Quote from: kotajikikox on April 03, 2020, 05:48:30 AM

and actually people now are not more concern about the coming halving instead everyone is waiting for the cure of this Corona Virus and nothing at all,because what is the sense of this Miners halving if the whole world is bleeding with economic problem?we should face this pandemic first before the next event because this is more important than anything in this world now.

If bitcoin being considered as safe heaven place then whatever is going on to the economic situation we will see bitcoin price will go up especially with the halving event moment. Most investor will have their intention to invest and they will look for as much as information about bitcoin which I think they will know about halving event and they will buy bitcoin as much as they can. But with one note they must believe that bitcoin is the right place to invest beside gold.

Dart18

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Looks to me like your prediction won't happen anymore because of the pandemic.

People are already forgetting the halving for now and just want survive this one bad event of the world.
Maybe, we could think about it after the recovery.
We are still in spending time. Reliefs are not that much and the government could not suffice what the people need.
But I do think we should still keep our bitcoin.

pixie85

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Quote from: Botnake on April 04, 2020, 06:43:33 AM

Quote from: coinfinger on April 04, 2020, 05:33:54 AM

Where is the price halving now?

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

It may not be rising now but the panic will not be getting worse.

As time goes by people learn to cope with this fear and live with it just like people in war zones do.
When first bombs fall they're shitting themselves but after months of living like that it's just another day in the office.

We got hit by this early panic where people needed money to buy supplies because they thought they won't be able to buy anyhing next week but the stores remained open and mostly well supplied. Now the only difference is that you see clerks wear face masks and gloves and you have to use a hand sanitizer before entering the store.

A few weeks from now people will take their cash out of their wall safes and go back to normal investing, you'll see.

jhonjhon

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Quote from: Botnake on April 04, 2020, 06:43:33 AM

Quote from: coinfinger on April 04, 2020, 05:33:54 AM

Where is the price halving now?

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

That was long enough time spare for the market to recover. The positive looks of the market this time meant good for the coming days but of course, isn't be like before that the price rallying at high.
may we could say that this year's halving isn't in perfect time crypto and can't have to expect a bullish market if this pandemic will not stop.

sana54210

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40 days is still enough time to actually recover from whats going on right now and have a great increase, that is before halving by the way. I mean think about it, 40 days in bitcoin life time is a lot of days, it could go from here to over 10k or under 5k and we wouldn't really be wondering how it happened. It means after halving it could probably go even further from that.

Is there a chance it could go above 20k after the halving? Sure there is, it could go from here to over 10k-12k until the halving because 40 days is enough for that, and after that in another 40 days it could double that thanks to halving. I am not saying that will happen but it is obvious that anything could happen in bitcoin including something like this as well. Hopefully this optimistic situation does really happen Cheesy

.

Botnake

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Quote from: coinfinger on April 04, 2020, 05:33:54 AM

Where is the price halving now?

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

coinfinger

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Where is the price halving now? The price is around 1% lower than what it was before all of this started, it is literally getting close to what it used to be and we are talking about halving in MAY, so there is still time left on the table as well. I think by the halving time comes the price will be well over 10k as well, people will realize they did wrong by selling and many of them will start buying back up again as well.

Miners can't sustain this level at the price so they will stop selling their currencies for this price and start selling higher as well, which will result with a lot less bitcoin sold on the market price which will cause it to go up. These are all factual statements and not guesses, these WILL happen because there is no other way than do this or lose money.

Furious 7

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Quote from: kotajikikox on April 03, 2020, 05:48:30 AM

Quote from: Findingnemo on March 12, 2020, 03:36:33 PM

The current scenario is completely different and no one seems to care about buying pressure because everyone is selling their coins due to the corona panic outbreak. Price seems to be declining continuously for now so speculation related to halving that will not be effective to bring the price back on track.

and actually people now are not more concern about the coming halving instead everyone is waiting for the cure of this Corona Virus and nothing at all,because what is the sense of this Miners halving if the whole world is bleeding with economic problem?we should face this pandemic first before the next event because this is more important than anything in this world now.

Everybody wants to recover from this corona virus because there are already many victims who have died due to this virus, of course, by staying at home now, we must be able to maintain our physical fitness so that they are not infected with the corona virus.
With the coming halving month, of course there are still some who expect it to even want to see bitcoin soar as it did in 2017, but will this year reach new ATH or not?
In fact, I also hope that this halving brings a good recovery for bitcoin.

kotajikikox

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Quote from: Findingnemo on March 12, 2020, 03:36:33 PM

The current scenario is completely different and no one seems to care about buying pressure because everyone is selling their coins due to the corona panic outbreak. Price seems to be declining continuously for now so speculation related to halving that will not be effective to bring the price back on track.

and actually people now are not more concern about the coming halving instead everyone is waiting for the cure of this Corona Virus and nothing at all,because what is the sense of this Miners halving if the whole world is bleeding with economic problem?we should face this pandemic first before the next event because this is more important than anything in this world now.

ethereumhunter

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Glad to see bitcoin price now can increase higher and already hit $7,000. We are going to see the price will increase because of the line still at the uptrend. People do not just wait for the bitcoin halving, but they are waiting for the price to reach another high price so we can back to make a profit, and the important thing is we can recover the loss. But we don't know what will happen with bitcoin before and after halving because the price can go to the higher price or the lower price. Don't forget, we still at the crisis that can make people got panic again like before, and if that happens again, the market will go down although that crisis is not the reason.

Yaunfitda

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Quote from: Bttzed03 on April 02, 2020, 09:34:25 AM

Well done for a great topic title, that made me laugh Grin

I guess we need this kind of topic, I mean with what is happening around, sometimes laughter is the best medicine. Grin

Quote from: Bttzed03 on April 02, 2020, 09:34:25 AM

We are indeed in a strange situation. I'm not even sure if any speculators cares about the halving right now. I think everyone is just waiting for that proven COVID-19 cure to bring things back to normal like "business as usual" before markets (including crypto) starts recovering and that will most likely take months for each economy to fully recover.

Of course, everyone care about the halving, from miners to average joe to whales. After all this market is based on speculation and halving is one event that everyone is looking for. It's just this news has taken a back seat because of the Covid-19 scare. but as we get closer, crypto media are going to cover it and I do hope that we will have a good bounce eventhough the pandemic is not clear yet.

Oasisman

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Quote from: Hippocrypto on April 02, 2020, 07:09:58 PM

Quote from: Bttzed03 on April 02, 2020, 09:34:25 AM

Well done for a great topic title, that made me laugh Grin

We are indeed in a strange situation. I'm not even sure if any speculators cares about the halving right now. I think everyone is just waiting for that proven COVID-19 cure to bring things back to normal like "business as usual" before markets (including crypto) starts recovering and that will most likely take months for each economy to fully recover.

This might take several months before taking off for an effective remedy of this kind of pandemic virus. It won't be easy for the world to bring back the normal life that we used to have. But nothing's imposible for all who wanted to seek brighter future with bitcoin, because it remains unpredictable for years until present. Recovery will always be a tentative situation to consider, so every now and then let's hope for positive outcome sooner.

If we're going to be all cleared with the pandemic on May or June, the stock market will take time to recover, but It's completely different with cryptocurrency since Bitcoin and other alts price has no direct correlation with the pandemic unlike stocks. So, base on the trend about the block halving, the cryptocurrency market tends to skyrocket a year after the block halving. Maybe will see a light at edge of tunnel next year. Though I'm still glad Bitcoin is gradually recovering after it fell down hard as low as $4,000 level.

Topic: we all were waiting for bitcoin halving, we got bitcoin price halving (Read 636 times)