Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: americanpegasus on May 22, 2016, 07:28:45 PM



Title: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: americanpegasus on May 22, 2016, 07:28:45 PM

Well I don't buy it.  After 5 years in investing, trading, and markets I have learned this golden rule: As soon as everyone knows something, look out. 
 
I actually learned this lesson quite early.  Anyone else remember when this happened back in 2012? 
 
https://i.imgur.com/w4dG18c.png


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: cannabanana on May 22, 2016, 07:31:41 PM

Well I don't buy it.  After 5 years in investing, trading, and markets I have learned this golden rule: As soon as everyone knows something, look out.  
  
I actually learned this lesson quite early.  Anyone else remember when this happened back in 2012?  
  
https://i.imgur.com/w4dG18c.png

Because Apple is an Altcoin.....Right.....

You're like a stupid version of R0ach


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: somacoin on May 22, 2016, 07:32:39 PM
You're right americanpegasus, but ppppsssssshhhh. Don't broadcast this too loudly. In fact I believe the halving could result in Monero skyrocketing to an ATH that we've never seen before.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: mining1 on May 22, 2016, 07:33:10 PM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: somacoin on May 22, 2016, 07:34:46 PM
it wont be profitable for most people to mine so the mining will concentrate in china.

As a matter of fact, the mining is heavily concentrated in China (70%+ of the network) as we speak.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: bathrobehero on May 22, 2016, 07:37:16 PM
'Everyone knows' that all altcoins will crash during the Bitcoin halving.  ಠ_ಠ

I think that only goes for small and short term changes in price likely because when people see that Bitcoin's value increases they tend to dump alts in favor of BTC and cash out in FIAT to maximize alt to FIAT value.

But if Bitcoin were to go mad and get to something to like $700 or so then it would definitely bring the altcoin market with it because at that BTC price a whole lot of new people would get interested which means a whole lot of people would also get interested in alts as well.

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

I think you underestimate the major miners by a large margin. They know, they are prepared and while they will probably wait for a rally to sell (even if that's maybe more than a year from now).
And likely they would still be profitable if they were sell every day after the halving. I could be wrong though but I think the big players got it down.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: bobmarley650 on May 22, 2016, 07:39:12 PM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: ktmracing03 on May 22, 2016, 10:24:22 PM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving.
Post by: Nxtblg on May 22, 2016, 11:07:48 PM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT

No, but it didn't crash & burn either.


To address the subject of the thread: there's an old speculators' saw about the market doing what it can to fool most of the people most of the time. As far as I can tell, the biggest surprise would be Bitcoin piddling along right about where it is.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: opmac on May 22, 2016, 11:14:13 PM
I feel there will be a small increase in current price to about $550

BTC will not die. The grandfather to all other alts.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: iGotSpots on May 23, 2016, 12:15:16 AM
You're right americanpegasus, but ppppsssssshhhh. Don't broadcast this too loudly. In fact I believe the halving could result in Monero skyrocketing to an ATH that we've never seen before.

Only took two replies for the useless shills to appear


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: Kairoz on May 23, 2016, 12:19:51 AM
Thanks for sharing your experience I will take it into account.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: alyssa85 on May 23, 2016, 01:17:04 AM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

It won't. The first halvening coincided with bitcoin going mainstream and the Cyprus crisis. There is nothing this time to give it a fillip and plenty of things to make hodlers sell.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: BellaBitBit on May 23, 2016, 01:20:33 AM
I agree with you.  I don't think alts will crash and I am conservative on what I think will happen to Bitcoin at halving, as the person above me said about Litecoin - halving came and nothing happened.  The good news is that it remained stable and I see Bitcoin doing that too.  As time goes by it is clear to see that Bitcoin will be the gold standard to all crypto.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: adaseb on May 23, 2016, 01:34:34 AM
Litecoin did double. Look at the charts. It was before the halving.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: The Sceptical Chymist on May 23, 2016, 01:51:13 AM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT
Lol thank you.   And I agree with the above, which is that as soon as everyone in the market knows about something, it's already been priced in.  So that theory is going to get tested shortly.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: aioc on May 23, 2016, 02:09:58 AM
I am excited to see all this events as it unfolds I am not a big stake holder of any coin and bitcoin yet but this could be a banner year for bitcoin and other altcoin because of this halving..


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: kingorbust on May 23, 2016, 02:21:21 AM
why would altcoins crash during Bitcoin halving? Isn't it more logical that if bitcoind goes down after haling that people will flock to other currencies, especially ETH? I dnt think everyone is gonna cash out to USD/EUR so they will probably buy alt  coins, no?

I still cant get a clear answer: how is ETH tied to BTC? If BTC goes up ETH goes up or is it if BTC goes up ETH goes down? Or is this not even realted anymore since you can buy ETH with real money now?


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: WarrEagle on May 23, 2016, 04:10:22 AM
No one "KNOWS' anything. That is what I have learned in the last 4 to 5 years of dabbling in crypto...nothing is a sure thing.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: Amph on May 23, 2016, 07:00:22 AM
not in the halving, but when the pump will begin which will not happen in the exact same day at the halving, but instead of dropping some alt, the strongest one my face an increase

other will unavoidably get dumped to have more bitcoin to dump for fiat and do trading, when the dump will occur after the huge pump


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: freshman777 on May 23, 2016, 08:13:10 AM
Well I don't buy it.

You're a permissioned ledger bankster shill blatantly trying to stop BTC rise in your P&D scamcoin bubble scheme.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: r0ach on May 23, 2016, 09:03:44 AM
Why people in this forum claiming the halving rise won't happen are idiots:

<r0ach> these eth shills claiming the bitcoin halving is priced in are hilarious
<r0ach> you need to be mentally insane to believe 50% of miners would drop out
<r0ach> because that's what's required for the halving to be priced in
<r0ach> worst case scenario, *some* miners would drop out  and instead of price doubling, it only would go up 50%
<r0ach> it could also more than double in price
<r0ach> there are not many miners on the wrong end of the marginal cost in the first place
<r0ach> so it would be more like all miners stop mining or the price goes up a lot lol
<r0ach> and they would just manipulate it upwards long before stopping mining


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: digaran on May 23, 2016, 09:08:14 AM
altcoin crashes after bitcoin halving? wtf you high or something? alt coin is there to prevent bitcoin to crash not other way around.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: StinkyLover on May 23, 2016, 11:36:11 AM
I don't think much will happen except the front page of this section being full of excuses why nothing happened.

http://i410.photobucket.com/albums/pp187/fesuvious/boring.jpg


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: mining1 on May 24, 2016, 03:38:54 PM
Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles
Halving is already included in the curent price, remember bitcoin was ~250 untill 7 months ago, and since everyone in the crypto world knew about the halving they speculated / held bitcoins waiting for the halving. Just my 2 cents, i think the price may increase a little more to 5, maybe 600, but i doubt it will float above 500$.


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: r0ach on May 24, 2016, 05:06:51 PM
Halving is already included in the curent price

Wrong, just like every other scammy 1-2 star shill account on here and I already posted why:

<r0ach> these eth shills claiming the bitcoin halving is priced in are hilarious
<r0ach> you need to be mentally insane to believe 50% of miners would drop out
<r0ach> because that's what's required for the halving to be priced in
<r0ach> worst case scenario, *some* miners would drop out  and instead of price doubling, it only would go up 50%
<r0ach> it could also more than double in price
<r0ach> there are not many miners on the wrong end of the marginal cost in the first place
<r0ach> so it would be more like all miners stop mining or the price goes up a lot lol
<r0ach> and they would just manipulate it upwards long before stopping mining


Title: Re: 'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ
Post by: Laniakea on May 24, 2016, 05:08:12 PM
Halving is already included in the curent price

Wrong, just like every other scammy 1-2 star shill account on here and I already posted why:

<r0ach> these eth shills claiming the bitcoin halving is priced in are hilarious
<r0ach> you need to be mentally insane to believe 50% of miners would drop out
<r0ach> because that's what's required for the halving to be priced in
<r0ach> worst case scenario, *some* miners would drop out  and instead of price doubling, it only would go up 50%
<r0ach> it could also more than double in price
<r0ach> there are not many miners on the wrong end of the marginal cost in the first place
<r0ach> so it would be more like all miners stop mining or the price goes up a lot lol
<r0ach> and they would just manipulate it upwards long before stopping mining

<r0ach> shit I was debunked here by the shills
<r0ach> https://bitcointalk.org/index.php?topic=1483658.0
<r0ach> damn now everyone knows that I never had any women come up to me
<r0ach> shit
<r0ach> these people are assholes
<r0ach> time for some fishing