Bitcoin Forum

“Bitcoin halving event pre-match” How is BCH∙BSV’s upcoming halving event affecting its prices?

Crypto investors are paying close attention to BCH∙BSV as their halving events are scheduled on the 9th and 10th, respectively. Traditionally, it is interpreted that that the law of supply and demand drove bitcoin’s price to increase; however, many analysts claim that this time will be different, considering the current financial market’s influence on the crypto market.

*24H Price & On-chain Activity Trends (data provided by Xangle)
- BCH: Price(+8%) / Transactions(+82.14%), Volume (+44.19%), New addresses(+388.32%)
- BSV : Price(-3.2%) / Transactions(-1.14%), Volume (+33.35%), New addresses(-14.37%)

*7days Price & On-chain Activity Trends (data provided by Xangle)
- BCH: Price(+26.6%) / Transactions(+4.6%), Volume (-12.1%), New addresses(+94.65%)
- BSV : Price(+12.6%) / Transactions(+1.95%), Volume (+18.08%), New addresses(+36.51%)

I don't think they are having any unnatural effect due to the coming halving. Everyone knows BSV is a scam coin and Bitcoincash is doing some promotional activities to increase the number of its users. That's the reason why there's a slight positive increase in BCH new addresses.
I don't have the data but bitcoin could have a better stat than both of them.

Bitcoincash is not bitcoin so I don't expect the price to start surging before or after the Halving is completed, even past Bitcoin halvings shows that price surging doesn't happen right after the halving is complete

BCH∙BSV could try to mimic what having effect happens on Bitcoin but I doubt it as everyone knows about BCH∙BSV already.

the two altcoins, BCH and BSV, are different from bitcoin, so I don't think they can beat the percentage increase in bitcoin prices, moreover halving will soon occur

Lol, no one gives any attention to those forks and their baseless points of forking away from Bitcoin. Right now, all the attention is on Bitcoin the only true coin and not those forks. All those statistics shown by the OP are just the team trying to create some FOMO so that people buy into it but no one is falling for that lol.

It should affect the chain just like it does with bitcoin, but since the miners for each chain are differents then i think they will react differently for the halving. I had the theory that price goes up on the halving because miners don't want to earn less money. But now i feel like that theory is wrong. So, maybe they bump or maybe they crash, we can't really predict them.

I guess the bch already happened today. Saw some discussions (and mild celebration) about halving on the cryptocurrency forum or something. Found the halving activity by accident while going through the forum. I already forgot that both coins will be halving at almost thesame time. I wait to see how well that does on the price.

 Reality is these coins are basically hated by many people, normally if a coin is bad it is just bad, nobody cares about it and it just either dies or goes up but basically nobody has any problems with it, its just bad. But when a coin is shady than people start to hate it, like literally hate it because it is showing the world how blockchain and crypto could be used for bad as well and these two coins are basically the leading examples of it. BCH and BSV was basically created out of the wishes of their creators, those creators literally wanted these coins for themselves because they failed to conquer bitcoin and right now we are facing with their failed attempts, so I doubt anything would matter if it goes up or down, because in the end both will die down and be zero satoshi.

Many people in the community expect that halving will be a leverage to help BCH and BSV prices grow positively. But others believe the opposite because of concerns for BCH network security. In particular, recently some predicted that Miner will move to Bitcoin mining after Halving BCH, BSV.

Honestly, many are not interested with their any events whether it is halving.
The major concern of the people now is with bitcoin's upcoming halving on May. We're all hooked to bitcoin's halving and that's why our attention is into it. I'm not even interested with those fork's halving or any event and I think many will agree to me that we're all just for the halving or events that will circulate to bitcoin.

The two for now are having normal growth nothing really significant about their prices and to me I don't see halving making much effects on the price of with BSV or BCH. The two will be pumped or dumped at some point by those who controls the price.

Well, it is obvious that people do not really care about BSV one, that is not miners coin nor it is anyone's coin, it is purely Craigs coin and some people may want to make some money from it but in the end nobody really wants to hold it or be the owner of it, if they can make a quick buck from it that is awesome but that's it, nobody wants nothing more than that.

BCH on the other hand is a bit different, it is a miners coin and miners got together to build it, mainly Jihan Wu and Roger Ver of course but they do have some miner backing as well, some small timers do not like them but other big ones do find parallel wishes with them so I can see that one going up a bit, maybe not to a huge place because of corona virus going around but I still see it doing quite well.

BCH, BSV and BTC will probably undergo a fight out of which only 1 will remain the king. I only personally support the latter one so I'm thinking it's going to be the one to win. I'm expecting BSV to fall to shit and BCH will just maybe be able to survive and possibly have a little increase post this halving. But until when?

If you looked back when the original BTC forked into BTC & BCH, you would know right now why precisely were people investing the latter: hoping for a move similar to BTC to follow up. Same thing happened when BSV popped up, but there is one big difference: BSV's creator is the scummiest person alive. Bitcoin Cash would have won if it had the majority of people moving from BTC to it, but that wasn't the case. I have personally wanted to be an investor of both (actually all 3, because the stupid and idiotic me was almost convinced a few months ago that CSW would truly prove he's Satoshi) but I gave up on al but BTC..

So I'd expect only a little, non-significant (compred to BTC's) price change of BCH & BSV but BTC will still be the one to win when it comes to price increases post-halving. I don't know, consider me biased but this is my personal perspective. We can't have 3 different coins having their price affected the same way every time. One day, at least one of them will fall. And one day, people who've invested in BCH or BSV hoping to become rich overnight after a while will get sick of the bullshit of the team behind them.

Excuse the number of times I've written the abbreviation of these 3 coins in my reply. :D

All this halving stuff is just usual speculations and they were quite predictable. Congrats to everybody who earn on this and now it's already late to make some movement's in that way.

I looked that the BCH halving didn’t even particularly affected the BCH price, there was a very small 10-15% pump and that’s all, it will be the same with BSV, so there’s nothing to seriously expect, now only one thing bothers, will the same small pump be with bitcoin ...

Maybe it's not yet increasing because bitcoin price itself now is down, but bitcoin price still tries to rise. Soon, if bitcoin price can increase and break $7,300 and stay at that price, maybe BCH will have the opportunity to grow. You cannot say that 10-15% is a small pump, but you should be happy because the price can increase although it's not much. Maybe tomorrow or the next day will be a good moment for BCH to grow and get another big pump. But that will happen if the bitcoin price can back up to $7,300.