Topic: We are giving too much attention on the halving - page 2. (Read 588 times)
Till date there is more and more discussion about halving which is purely on the growth it provides on the demand to the supply variation. The expectation too drives the market forward, as whales use it an opportunity to manipulate the market. Another important thing the increase in the volume of investment over the days of halving. As there is promised growth more investors make investment. This in turn also support the market pumping.
Everybody is focusing and giving attention in halving, I think we should not expect too much. I'm not excited about the halving because I'm a trader and I am not a speculator. Most of the posts that I keep seeing are about their hopes that the price of the bitcoin will increase after the halving, let me remind you it is just a "hope". It is better if we will still focus and give attention in price action than in halving that will happen.
You know why? most people are only it for the money so in order to create money, they need something or an event to create hype which in turn could result into a pump. What good way to do it is to wait for the halving where the rewards are split and miners will have to cope with the price in order to be profitable again. They will need to increase the price in order to correlerate with miners profit.
This is because most of us here are actual speculators, and a very few select merchants only are accepting Bitcoin as a form of payment, which makes adoption even lower, and thus we're quite stuck on this scenario of just wishing the price would go up.
Adoption for me should start from the way up, making it to the lower levels. That is to say, large and international companies adopting it first before the SMEs. That way, adoption would be easier for smaller businesses since if the large companies use them, it must be something good.
Adoption for me should start from the way up, making it to the lower levels. That is to say, large and international companies adopting it first before the SMEs. That way, adoption would be easier for smaller businesses since if the large companies use them, it must be something good.
I am bullish for the long run and I have no reason to sell, as the way I see it Bitcoin will become massively accepted and widely used across the globe.
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
If there will be wide adoption and the government will do their best to provide some education about what is bitcoin, how it can help the people around the country, where and when they can use it,how simple it is to use and other important things about bitcoin then we don't need to give too much attention to upcoming halving. Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
But because this kind of scenario is not yet available then it is the reason why many are giving too much attention to upcoming halving as they are hoping that it can change the market situation in where they are hoping that what happened last 2017 will happen again starting this year.
Certainly, the technical side of bitcoin wasn't really been use by most of the users that is why there is missing in what we call "full adoption". However, promoting btc.regarding it's price movements is kinda more effective to encourage new people rather than it's technical use.
Honestly, I am excited and waiting for that halving event this year. I am also a long term holder and this is my very first time witnessing how people always talk about "bullish" times when btc halving will occur.
Honestly, I am excited and waiting for that halving event this year. I am also a long term holder and this is my very first time witnessing how people always talk about "bullish" times when btc halving will occur.
I am bullish for the long run and I have no reason to sell, as the way I see it Bitcoin will become massively accepted and widely used across the globe.
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
You need to know that not every people care about the adoption of bitcoin in our money system. Most of them want to hold bitcoin in other to take good advantage from the fluctuation. Because of that fact, halving is very very important to them. They want to see the price of bitcoin to go up and therefore, they can have a great amount of money.Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
In my opinion, I do not believe that bitcoin will be used by every merchants and store. Bitcoin will be used as a good safe asset such as gold. However, dont take it too seriously. I still have a good feeling that other cryptos like ether or xrp will become the next generation of money
I am bullish for the long run and I have no reason to sell, as the way I see it Bitcoin will become massively accepted and widely used across the globe.
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
People are talking about the price because some new investors want to make a profit out of the halving and many seasoned traders also want to have another round of profit, all you can see on this forum are price predictions and only a few want to talk or discuss the technology behind it.
I think that in the short run the halving certainly has significance, especially on the price and affecting the market sentiment positively.
However, in the long run, obviously it doesn't affect the fundamentals much. In order for BTC to thrive in the long run its fundamentals need to improve at the end of the day, and that means greater adoption, greater real life usage, as well as a better network in general.
So no, I don't think that people are mistaking halving as long term progress, and it certainly contributes to improving short term market sentiment.
However, in the long run, obviously it doesn't affect the fundamentals much. In order for BTC to thrive in the long run its fundamentals need to improve at the end of the day, and that means greater adoption, greater real life usage, as well as a better network in general.
So no, I don't think that people are mistaking halving as long term progress, and it certainly contributes to improving short term market sentiment.
In my opinion there is nothing wrong if we expect or pay more attention to halving bitcoin that will happen some another month.
Because if we look back in history, what happened with the previous two halving has already been proven to make bitcoin prices
And it's very important in my opinion the rise in the price of bitcoin to speed up the process of adoption of bitcoin the price of bitcoin
is more expensive, the more it attracts new investors to invest in bitcoin.
Because if we look back in history, what happened with the previous two halving has already been proven to make bitcoin prices
And it's very important in my opinion the rise in the price of bitcoin to speed up the process of adoption of bitcoin the price of bitcoin
is more expensive, the more it attracts new investors to invest in bitcoin.
I am bullish for the long run and I have no reason to sell, as the way I see it Bitcoin will become massively accepted and widely used across the globe.
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
Although, I seriously think that we should be promoting Bitcoin for the tech and not for the price movements.
Talking about the price does not provide anything useful and does not help with people starting using Bitcoin. It only attracts speculators.
What we basically need is wide adoption. The 2016 bull run was extended in 2017 because of the news from two of the greatest Asian economies, South Korea and Japan.
The halving has it's purpose, but is there anything else to wait besides this event?
I think there is something that we don't discuss in the appropriate length and this is the development of the Lightning Network.
With instant transaction speeds and extremely low fees the Lightning Network has the potential to make Bitcoin the dominant method of transactions.
I think this subject should be discussed more and promoted further by influencers to convince everyone to give Bitcoin a chance.
I dream for the day when every merchant, online or physical store, will have the price of Bitcoin tagged next to fiat price and I think it will become reality soon.
My first feelings about bitcoin is same as yours now, but people changed my friend and I am one of them, hell yeah I would sell if I make money even the slightest possible profits. Ask most of the people here, they most likely here to earn profits.
It is because it was special and people are getting hopeful for this event to drive a better price in the coming days. If we could recall how halving did great in the previous halving, ain't no wonder why we have to ignore this. Yes, people think that this event will be the solution for a long bear season that we experienced and to see the market fully recover.
Besides, no other major events we have this year will have to see aside from halving and this event becomes the center of most talks. However, a certain Bullrun that people most likely to see again is still uncertain. But only we have just hopes.
Besides, no other major events we have this year will have to see aside from halving and this event becomes the center of most talks. However, a certain Bullrun that people most likely to see again is still uncertain. But only we have just hopes.
Halving is very important. Of course it is not an improvement that will blow prices. However, expectation will not be wrong. We're in a very important time frame. Prices may start to rise again in the summer months.
We really should give attention to the bitcoin halving because this is gonna be the reason why the price of the bitcoin will rise up again. It will lessen the supply of the bitcoin that will make its price to rise up. But we do not know when the it will be effective. It might take a year first before its price to complete go up.
This is so effective for the cryptocurrency users who ever waiting for future halving and makes the value boom for next level using their portfolio.
I expect the market value of bitcoin should goes to next peak value this year due to halving.
Let's everyone try to hold more cryptocurrencies to find the more profit.
You created this post as if Bitcoin is not receiving enough attention and development that investor's on their own personal interest should be shifted towards technical aide of Bitcoin. Well to tell you honestly once Bitcoin is explained technically i'm sure that we won't gain anything or move faster into adoption because on the eyes of the viewer it will just complicate a lot of things, they might even think that Bitcoin is difficult to be operated as a payment system. So really we don't need some kind of advocacy in the technical side as a way to promote adoption and if you want to talke about it we have two boards in the forum for that.
I created this topic because I understand what is the world's view on Bitcoin right now. You are promoting it as a way to get rich by next summer which will have the opposite results from what you are expecting.
I hope you will understand this some time soon.
And where did you get that idea as well? I've looked at my own post history especially the ones found in the speculation board and trading discussion section all the contents of my recent posts are based on analysis and nothing about hyping Bitcoin or staying positive for it. From what I am seeing I think know that you see there are two kinds of people in the industry the ones who are promoting the price movements and the ones who are promoting the tech itself but to be honest there are also people who care both aspects and not just here to make money out of BTC's price movement.
We really should give attention to the bitcoin halving because this is gonna be the reason why the price of the bitcoin will rise up again. It will lessen the supply of the bitcoin that will make its price to rise up. But we do not know when the it will be effective. It might take a year first before its price to complete go up.
Indeed. Almost every bitcoin users are waiting for bitcoin halving because they are expecting that bitcoin will reach it's price to 20k USD again, so they could recover all of their losses way back 2018, that is why they keep holding it for a long time and they resist to sell their bitcoin even in the bearish times.We just need to make sure that we're always ready when there is a change on the flow of the market. Predicting the chart is really hard because even know were right in prediction still it could be change anytime and we cannot change the future.
We really should give attention to the bitcoin halving because this is gonna be the reason why the price of the bitcoin will rise up again. It will lessen the supply of the bitcoin that will make its price to rise up. But we do not know when the it will be effective. It might take a year first before its price to complete go up.
Indeed. Almost every bitcoin users are waiting for bitcoin halving because they are expecting that bitcoin will reach it's price to 20k USD again, so they could recover all of their losses way back 2018, that is why they keep holding it for a long time and they resist to sell their bitcoin even in the bearish times.
It's a really big phenomenon I think halving along the whole history have proved to be amazing for the bitcoins , the price rose also at the same time I think this is the only big thing in the bitcoins world happening so people are just looking forward to it with hope , maybe it could be a good thing for them .
But yes of course we don't know what would happen it might not at all affect the bitcoins but hoping is all we can do 😂
But yes of course we don't know what would happen it might not at all affect the bitcoins but hoping is all we can do 😂
We all hope one day bitcoin will be accepted as a worldwide currency. But perhaps we will wait a long time, bitcoin has a long way to go before governments accept it.
Aside from being accepted by the government, I think bitcoin also needs a lot of improvement in speed and cost to be a currency.
Aside from being accepted by the government, I think bitcoin also needs a lot of improvement in speed and cost to be a currency.
We really should give attention to the bitcoin halving because this is gonna be the reason why the price of the bitcoin will rise up again. It will lessen the supply of the bitcoin that will make its price to rise up. But we do not know when the it will be effective. It might take a year first before its price to complete go up.
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