Topic: We are giving too much attention on the halving - page 3. (Read 588 times)

for waiting me this long, its not practical for me to actually think not of profit while i'm looking for which altcoin to invest. me hoping for adoption is always there even before BTC reaches up to $1k i'm already here wishing it would happen one day. there are few merchants accepting in my country only less than 5 of these stores that i've tried buying using BTC.

but with the help of halving that prices goes up enough for media to cover, i think merchants will be intrigue to see this payment option as alternative.

Because a major event of decade and will leave positive or negative affects to the cryptomarket specially the BTC.The expected price of BTC after halving will be bearish for long time said by crypto analyzers.
The early adopters who holding since 2015 and specially who bought in 2017 in bull run excited to sell because they will get profit if the BTC will cross above $20k.

Further patience needed and prepare the mind as well BTC price is not rising as expected never disappoint yourself just keep your trading and earn slowly to get our financial freedom.

We are always focused something. We focused marjin things, option trading, Bakkt, ETF and something... We should focus something serious, something related with blockchain and bitcoin. Otherwise we just watch prices goes up and down. But always miss something.

We need an event to discuss and pay attention to. 2019 ends with coin halving while 2020 starts with Iran USA tension and its impact on Bitcoin price. Now again attention is getting back to coin halving, thanks to normalization of things between USA and Iran. this is how crypto community moves and will keep on moving.

Correct. I see the author's points since I myself am a cryptocurrency investor that got ito ivesting because I saw a revolutionary potential on bitcoin. That it could surpass fiats moving forward leading to a much more consumer-friendly environment. But you also have to consider that we have as many tech supporters as price ivestors. People who are into bitcoin because they saw a way to get money.

For now the very strong euphoria is about halving bitcoin which will happen soon.
We cannot distract others from the benefits that will be given before halving occurs or afterwards. this is the event that has been eagerly awaited.

About bitcoin technology that is not so promoted for now, it's still a very reasonable thing, because investors pursue profits first.
for a discussion of the growing technology of bitcoin about lightning networks will certainly have its own discussion.

After the long bear market, we really can't wait to see bullrun to start because of this halving after all bullrun always occur after halving. Its the pattern they see every time which  gives us the idea when to wait for it.  Everybody waits for the bullrun and big personals are also hyping it.  Lightning is very useful for the community but I heard there are issues such as centralization because of the channels.

It's normal for us to discuss halving. Everyone's expecting on it. Although we shouldn't give too much expectations. But since on the previous halving it cause a positive effect on Bitcoin, we cannot just disregard that it can also happen again.  Even though we keep on talking about halving, we're still promoting Bitcoin. We've been promoting Bitcoin ever since. We're all dreaming the same dream for Bitcoin. Mass adoption.

You cannot blame everyone for paying too much attention to bitcoin halving, we've experienced a very dry season for bitcoin  for a very long run already and we cannot wait anymore to see it has its price recover once again or for a greater news, exceed its last record. We all want bitcoin to be known worldwide and be used by many means but we should first make some actions to have it acknowledge by different countries especially the big ones.

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.

Halving and price rise is the factors that can attract people to use Bitcoin. Indeed this is not about Bitcoin as currency but at least make people love Bitcoin first is good step for Bitcoin become a recognized currency. The more demands around the world, the greater the chance for Bitcoin to be legalized as a worldwide currency and will also force the government to legalize it, even though this stage is still very long.

But this has not occurred again. And honestly, I think Steam (Valve) are idiots. They could have taken the coins directly, or set up a btcpay server, which is an open source Bitpay replacement. Its not like they lack the resources and skills to do so. To this day, i still think they are big idiots for blaming Bitcoin for something that was actually Bitpay's fault. Purchasing a game is a perfect example of something that does not need instantaneous transactions, you CAN wait hours or days for a game to appear on your Library.

If they wanted, they could even provide an online bitcoin wallet. That way the time it takes for coins to reach there doesn't matter, and once there, you can to any "processing" (exchanging to USD which is what they seem to want) instantaneously. Why their client already shows USD funds, it might as well show BTC.

So now, thanks to their stupidity, people have to buy euro Steam gift cards from dubious sites to do the same, with a lot of extra delay and even more fees. Gee thanks for making things so much harder to honest customers, don't go cry piracy later...

So ignoring Gabe's idiocy (shoo profits, shoo), adoption is occurring. It might slowdown somewhat at times, but its not becoming "undone". Even them will have to return, because they will have no choice. Ignoring bitcoin is as unpopular as you can get, and all it takes is some nice healthy competition accepting it...

Looking at the charts I see that the bull run started in 2016. We went from 200$ all the way up to 1000$ at the end of this year. The price went parabolic the whole 2017 because of many good news that had to do with adoption. These news became reality with Bitcoin becoming a legal method of purchasing in Japan and Korea and then these major markets started investing. So I don't think it was the halving caused the price to rise this high.

I agree that we should promote Bitcoin because of its technology  but we can't deny the fact that people especially investors are more interested on how they will profit in a certain venture.  I do not think that promoting profit is a bad idea, because with it we also promote its technology because promoters need to explain the technicalities of Bitcoin.  And money gain is the shortest route for people to get interested.

I don't think it will go further, maybe to see the use of bitcoin en masse will be more difficult for many reasons and challenges. and I think to attract attention so far the newcomers are interested in the benefits, and usually do not care about the usefulness and the available technology.

People always doubt the power that the block reward halving has on demand & price. I’ll just sit back & enjoy the mayhem 6-12 months after the halving.

Destination - MOON.

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.

The Halving event is a thing that most people are waiting because of the significant increase in the price nothing more if the Halving would create a new coin then I think it will just become another Altcoin, and people are not so excited about that the husk of Bitcoin is more important to some because that is what people are up to, I am too are looking forward on the Bull run and quite just holding and waiting for another new all-time high that may come our way.

But the average joe and the massess couldn't care less about the tech so, the only way to draw people's attention to it is by talking about the price, that's literally what everyone cares about.

The LN is way too "complicated" to understand for the average user/merchant. Plus, people don't care about the developments of X or Y, they want to see the finished product, they want to see the LN working in retail stores worldwide, but we're still miles away from that.

It's been like 3 or 4 years since the buzz about the LN started, you think people haven't discussed the subject already? The reason why you don't see that much discussion about the LN or people talking about it 24/7 on social media is because the LN is still in "development". Maybe in a few years (4 maybe 5 years) when we start seeing the LN being used in every store that accepts btc payments, we'll see more and more people talking about it.

Keep dreaming.

Let's be completely honest here. Adoption just increased in December 2017 mostly because bitcoin rose in price in a bubbly manner, and "adoption" fell down as the price fell. Steam and a few other retail business just realized that bitcoin really wasn't ready for mass adoption as for-payments, and there's truth in that. But let's not be too shortsighted here; scaling solutions are moving forward, whether or not it's in the pace we want. Bitcoin will simply be a niche for-nerds money for a while.