Topic: When will Bitcoin increase? - page 2. (Read 247 times)
Trading is not like that, 3 weeks before the halving, Bitcoin gain over 90%, so let allow the halving to cool down, it will accumulate for long before we can experience any surge in price. We are all just speculating as nobody can rightly predict the future but we are guided by past actions.
Since when did bitcoin immediately skyrocket in price after a halving event though? Even though we actually had a price increase in the first place, you were betting on a higher price increase without even taking a look at the chart of previous halvings? That's definitely one way of making bad trades.
It's been almost 10 days since Bitcoin's halving ended, but I still can't see any big Bitcoin pump, how many Bitcoins I had, now I'm in a lot of confusion, what to do! I still don't understand whether Bitcoin will really increase or decrease, so there are many big Bitcoin users here who want to know their opinion. 
You should be glad that the price didn't get dumped after the halving. Can't see any big rise? Look at what the price of bitcoin was weeks before the halving took place. The price did rise significantly!Please stop asking people when the price will increase. They will give you bullshit prediction based on nothing.
It just did go down a bit today.
OP if you bought BTC without understanding it just because you wanted to sell it for more fiat after the halving you're going to be disappointed.
I expect the price to gow down to 8000 or something and all those halving buyers who thought we're going to be at 10 thousand next month just because the halving had happened will sell at a loss.
Bitcoin will go up in the long run but you weak hands won't be here to see it.
Price of bitcoin has been increasing since ... I guess we could say May 22, 2010? I wasn't around until 2011 and don't know of any real transaction prior to what is reported.
If you bought some on March 8th at $4100-$4500, you're up 2x in 2 1/2 months.
Current price is higher than it has been in all but ~5-6 months of existence.
I guess if you want to get into the technicals, there should be significant resistance at ~$10400 USD. It also has that nice round number at $10k as a psychological barrier.
Halving has never particularly coincided with price going up (immediately before or directly after). Why? Because people know that this halving is going to occur well in advance.
ed: I think many times it causes price to go down, as people get concerned about the fee rate temporarily skyrocketing & occasional extreme wait times if they set fee too low. If people mining aren't making enough profit, difficulty will go down again in (over) 14 days.
If you bought some on March 8th at $4100-$4500, you're up 2x in 2 1/2 months.
Current price is higher than it has been in all but ~5-6 months of existence.
I guess if you want to get into the technicals, there should be significant resistance at ~$10400 USD. It also has that nice round number at $10k as a psychological barrier.
Halving has never particularly coincided with price going up (immediately before or directly after). Why? Because people know that this halving is going to occur well in advance.
ed: I think many times it causes price to go down, as people get concerned about the fee rate temporarily skyrocketing & occasional extreme wait times if they set fee too low. If people mining aren't making enough profit, difficulty will go down again in (over) 14 days.
It's been almost 10 days since Bitcoin's halving ended, but I still can't see any big Bitcoin pump, how many Bitcoins I had, now I'm in a lot of confusion, what to do! I still don't understand whether Bitcoin will really increase or decrease, so there are many big Bitcoin users here who want to know their opinion.
You don't need to be impatient. It doesn't mean that the halving happened, the price of bitcoin will immediately increase. It is better that it is just staying at $9K these days and it is not dumping at all. Some already said this the past week, and I think this is better since we've all seen the price dumping all over $4k last month.
I think the problem is that bitcoin price is controlled by a bunch of whales and they tend to do just the opposite of what eeryone is thinking... in my oppinion the halving was a double edge sword, on one hand everyone was expecting the price to go up, so everyone hoarded BTC expecting to make money (so they would bring the price down), but on the other hand we are just comming from a bear season in which these guys filled their pockets with low price BTC and the halving presents a good opportunity to get some attention and grad some external investors... but these don't seem to be comming in
It's been almost 10 days since Bitcoin's halving ended, but I still can't see any big Bitcoin pump, how many Bitcoins I had, now I'm in a lot of confusion, what to do! I still don't understand whether Bitcoin will really increase or decrease, so there are many big Bitcoin users here who want to know their opinion.
In 2016 after the halving, the price of Bitcoin took a downward dive. You are lucky it did not happen this time. At the moment Bitcoin is still holding the 9k mark.
At the moment the there is a profit booking that is happening in the market. I assume it will carry on till end of this month. I do not think there will be a Bull run anytime soon.
If Bitcoin goes above the 10k price point then you can expect a good pump. The bad thing about this halving is that altcoins are also getting dumped. In 2016 after Bitcoin halving altcoins had a Bull run.
It's been almost 10 days since Bitcoin's halving ended, but I still can't see any big Bitcoin pump, how many Bitcoins I had, now I'm in a lot of confusion, what to do! I still don't understand whether Bitcoin will really increase or decrease, so there are many big Bitcoin users here who want to know their opinion.
You should be glad that the price didn't get dumped after the halving. Can't see any big rise? Look at what the price of bitcoin was weeks before the halving took place. The price did rise significantly!Please stop asking people when the price will increase. They will give you bullshit prediction based on nothing.
It's been almost 10 days since Bitcoin's halving ended, but I still can't see any big Bitcoin pump, how many Bitcoins I had, now I'm in a lot of confusion, what to do! I still don't understand whether Bitcoin will really increase or decrease, so there are many big Bitcoin users here who want to know their opinion.
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