Bitcoin Forum

https://i.postimg.cc/BbbJ379v/Screenshot-2020-05-10-Bitcoin-Halving-Countdown-Coin-Market-Cap.png

Halving bitcoin will come soon.
Bitcoin prices in the last few weeks showed a significant increase.
The highest price for this week reached
High $ 9,996.74 USD
Low $ 8,518.31 USD
(Coinmarketcap data).

This halving event will certainly have an impact on the price of Bitcoin. Many predict the price of Bitcoin by the end of 2020 will reach $15,000 USD to $20,000.

https://i.postimg.cc/ZKJMWvCr/Screenshot-46.jpg
https://trends.google.com/trends/explore?q=Bitcoin%20Halving&geo=US

This is also supported by the keyword search "Bitcoin Halving" is increasing in the Google search engine. The search scheme recorded by Google Trends on March 29 - April 4 2020 reached a score of 15, but on May 3 - May 9 the score increased to 100. This proves that "Bitcoin Halving" is awaited and is able to give attention to people in the whole world.

Bitcoin halving is definitely an awaited event for long term holders. Because if you look at the history of bitcoin, you will see that the price has increased exponentially after each halving. So far we have seen two halving events and the upcoming one is the third one we are going to witness. The below picture illustrates the previous two halvings very well,

https://i.imgur.com/RwQmJmb.png

So it is no surprise that the interest around this halving is increasing among the mass which is directly reflecting in the google trends report.

The google trend chart is logical, since the event is periodical, and thus attracts way more attention around the time when the events take place, being pretty flat the rest of the time.

An interesting comparison is that of contrasting the searches for 'Bitcoin' against 'Bitcoin halving'. Unfortunately, the former drowns the latter on the chart (as expected) so we can’t really see anything meaningful.

Nevertheless, charting each term on a separate window, and extending the period to a 5 year window, we can compare, in relative terms, the searches for both terms both in the days running up to the current halving, and that of four days ago:

Bitcoin Halving: https://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin%20Halving
Bitcoin: https://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin

Taking as a reference the 9th of July 2016 and today:
-   'Bitcoin' search term has gone from 3 points to 18 points currently.
-   'Bitcoin Halving' search term has gone from 17 points to 100 points currently.

Both charts are on different scales, so that cannot be compared when viewed independently as above, but the ratios can be compared. While the searches for 'Bitcoin' are 6 fold between halving dates, the searches for 'Bitcoin halving' is basically also x6, leading me to infer that the Bitcoin Halving is just as popular now between the Bitcoin community (including casuals) as it was back in the previous halving. What we do have now is a way larger community (thus the interest has gone x6).

All the above yada yada yada subject the fact that Google Trends displays information in relative terms, not absolute terms (i.e. compared to all internet searches of any term, and then relativized to 100 on the best ratio between searched term vs all searches at a given point in time).

whenever bitcoin makes a move it always makes the media go crazy about it and give it a lot of free advertisement. that move usually is price-wise and sometimes the different countries that adopt bitcoin as a legal currency. so it is understandable that such a significant event such as halving that is THE factor that sets bitcoin supply apart from any other currency in the world since it is limited instead of being unlimited like others.
as for price i think it is well within the realm of possibilities that price sets a new ATH by the end of this year.

Worldwide crypto users are eagerly waiting to see the effect of upcoming halving and last two weeks was enough dramatic with price bump & dump. From last bitcoin halving experiences we can say that bitcoin price growth will follow the uptrend rather than staying sticky on a common price zone. Although its quite hard to make guaranteed prediction about bitcoin's futur  price but we can expect something positive. For now i think 10k is the most toughest price zone for bitcoin because whenever it touches 10k price starts to get down due to massive amount of sell or market manipulation.

Its pretty much interesting to see that a huge number of crypto enthusiasts are well notified about bitcoin halving which is actually knocking at the door. Specially crypto related blogs and media's are trying their level best to inform worldwide crypto communities about it. Due to massive media releases this halving is drawing lots of guys attention where some have already bought their necessary amounts to make estimated profits in the future.

In a situation like this market can give handsome profits to many investors but chances of losses is not so tiny too. Lets see what happens in the upcoming days. :)                        

It's going to increase even more, but expect it to be a bumpy ride thanks to Wall Street's involvement. In 2013 You couldn't even set up shorts like you can now and futures weren't a thing so the market was moving at a faster pace as it was all regulated by supply and demand. Now it's all about fleecing the sheep who come in with dollar signs in their eyes, thinking they'll put in $10k , put in max leverage and in a month exit with a million dollars. Those people are the ones getting wrecked now and this is going to happen again. In a few weeks there's going to be a similar pump to 10k or maybe 12k if we're lucky, and then it goes down 2k in 5m, you'll see.

Even an old friend who lost her BTC after login to a phishing website is trying to buy BTC yesterday. She must have subscribed to a news site where BTC was featured since she PM me with the link of halving.  Quite a media exposure and I'm more are going to be buying back to profit in crypto.

Have you seen google?

https://i.imgur.com/J8z19kz.png






Nope: Nope. I was just kidding.   :D

Isn't the ability to short the market actually making it less volatile? If you can't short it and don't have futures, then you can only buy and sell it, so when it's on the rise your only bet is to keep buying to try to sell near the top, which makes the market prone to bubbles. And as for Wall Street, we don't know just how much they are involved with Bitcoin, but my guess that if they do, they do in mainly via the OTC markets.

I always seeing ads and promotional video that uses the term bitcoin halving to attract many users. I think that is the reason why other people are now curious and wanted to invest in bitcoin. Many people ask me how to invest in bitcoin but I only reply not to invest now because it's very late and halving is almost 1 day left. It will be a waste of money because we are not sure if it will have a good surge.

This is exactly why I always say the real halving price will be shown only about 1 year post halving, but I've never seen a chart about it. It's just a feeling I have probably since I've been through the 2016 halving.

$100k would be insane though if that's where we're headed. If only everything somehow gets back to normal so all investors & hodlers could have fun with their returns.

Even in local news, bitcoin was the content because of halving.
This is the moment for them to take the chance of halving, so if you know someone who was interested in bitcoin and he / she wasn't familiar with it, better help and don't let him invest in any HYIP or Ponzi schemes. Social media networks are one of the targets of some crypto companies that are searching for any investors on their site.

It's very risky to buy bitcoin during the mid-year period , particularly when the halving is already close, there are a lot of unforeseeable moments so I hope he won't regret it if there's a massive drop in BTC 's price where he can purchase more.

IMO the ability to short Bitcoin, especially without buying Bitcoin (futures) made it much more volatile. Nowadays people can do the trick that is not allowed on traditional markets which is making additional money on wash trading. If you have a lot of money (like 50 million USD or something like that) you can set it up so that your own or your partner's exchange puts clien's money on the market and creates a fake panic while you enter a short position on futures. If done right this can make you earn millions in just 1 day and be able to take care of all your wash trading losses with those profits and still have a few million left to play with.
I suspect that it was done on March 12 and Today.

This isn't surprising at all since the entire crypto community was aware of this event and have been waiting from a long time, but the price is lower than expected currently and COVID might be the reason behind it.

I was expecting BTC to reach $13K before halving and proceed to reach $20K after halving, but the entire COVID situation makes $10K before halving and $13K after halving more realistic in my opinion.

All the altcoins will follow a similar pattern most likely just like in recent times. Lets see if my predictions turn out to be true.

bitcoin trended a couple of days last week and this is due to rising media attention especially when the price hit 10k. This week is crucial also and even though the price has fall alot again but hopefully the media attention become positive influence on the price

We can't deny it and it is really hot, and even in the forum, you can see a lot of topics mentioning about halving. Maybe it was just because people are so much excited to see what would be the price during the event and see how it affects the market trends after. People are thinking about the same scenario with the halvings before and they are somewhat anticipating the market that is why we could see the price slightly moving high. But unfortunately, we are not that strong enough to push the market straight high. Then it was to expect that no Bullrun during this coming halving but can't disclose any possibility months or years after.

I was checking on Google after seeing that photo, didn't noticed the message below lol.

It is indeed catching a lot of attention, because some of my co-workers who has no knowledge about cryptocurrency asks me about the Bitcoin block halving. I dunno what makes them interested or what was the person who they've been talking to told them. One thing is for sure, they are all seeking to become rich quickly as possible. Just like some of us when we first came in crypto space, but everything's change when we slowly understand the use of cryptocurrency.

Im truly hype in to what might happen during the halving especially with its the day after tomorrow. The question is are we going to see huge fireworks because yesterday the expected dump before the halving happened. So are we going to see a huge run towards the $20,000 level or are we going to see a continuation to the dump.
Whatever it is, an imminent move will surely happen in the Cryptocurrency market during or after the halving.

Its FUD because many predict also it will crash again before going to $15,000 or $20,000 level again.
It will take not end of this year but next couple years.
Noone knows that, halving will be priced in sooner or later but noone knows how much and when.

I agree with that, my colleague who is not a crypto user suddenly asked me how to invest in crypto. But I told her, there's so much things to know before she can really invest on bitcoin. I don't want her to jump on an investment she is not familiar with. But will try my best to educate her about crypto and bitcoin. This is the reason of price pump way back in 2017, those people who bought bitcoin even without the knowledge on the risks involved. And blame bitcoin as fraud when the price went down.

Yes, we are almost there, less than 24 hours from now and we are all going to witnessed the halving. And so it really attracts the attention of not just bitcoiners, but I guess no-coiners will be interested as well because for sure they will have something negative to say about this event.

Regarding the price, we really don't know where it is heading, we have touch $10k already, but it was just short and I will say sweet. But what's more interesting is that how and where are the price are going to be, post-halving. Others set sights and looking above 5 digits, in the boundaries of $12k-$15k, but there are minorities who see the price going on $7.5k  So let's see how it goes tomorrow or a week after the halving.

yeah I agree with you! it's not only made curious to crypto involved peoples but also draw attention to the who is not even involved here.So it's a positive sign.This might help to bring more people in crypto space.

This halving is more important than usual (and I've posted this before) because we're finally getting inflation lower then the FEDs' target.

At this point so much of bitcoin will have already been distributed that we'll be neck in neck or potentially beating the dollar when it comes to inflation. Then again I don't know how relevant that is when it comes to bitcoin's scarcity. If more people wanted to get into bitcoin the price would definitely skyrocket, but so far we don't really have the capacity to handle more people.

Either way, it's a historic halving and I can't wait. I'll be at work at the time.

Nothing really doubting about it tbh. The past few halvings brought about quite an exponential growth in the market after half a year or so and really, everyone is interested when it concerns them making a profit. Not to mention that the difference between the influence of cryptos then and now is incomparable. Tbh, it's more like a hype train right now instead. Ofc, I'm not saying it's not something that isn't supposed to be noticed, but giving it too much attention makes it seem like they want something to happen, and immediately at that. Just hope people don't get scammed by the FOMO atmosphere here and there and start losing money cause of that.

The halving just few days left and crypto enthusiasts and investors are in the looked out of what's gonna be the outcome of bitcoin halving, before and after effect. With every news all over media platform and broadcast stations, this will bring more attention and curiosity to everyone else that will bring more future investors and adopters because of bitcoin halving.

What do you mean few days! Lol, you should probably go do more arithmetic, if halving is 12th which is tomorrow how is that few days, you can say few hours away because by now it should start counting by hours not by days anymore,
Before effect I think we have seen it already, except there is going to be a miraculous bull within the few hours to halving,  so the after effects is what everyone is looking out for.

Bitcoin halving is a big event for this year, so it's no wonder attracted world attention. Because seeing the history of two previous halving
who succeeded in making the price of cryptocurrency rise dramatically, so some people also expect the same thing on bitcoin halving this year,
which will happen a few hours. We are all curious if bitcoin halving this year can make the price of bitcoin and altcoins rise to the top.

We have already got the result of before effect and it was quite bumpy for sure. Bitcoin price have already showed enough resistance in 8k zone but some weeks earlier it was between  6k to 7k. For now before halving price drama is done and we have to wait for some extra hours to see rest of the game. Definitely it will be a tough test for miners but most probably a golden time for traders & holders.    

More or less halving will put bold effect on bitcoin price and trading value. Lets wait for the better outcomes from upcoming Bitcoin halving (https://coinmarketcap.com/halving/bitcoin/).

many cryptocurrency users are very much waiting and hoping for halving 2020, because they remember incredible stories about how people bought bitcoin for nothing and became rich after halving.  Theoretically, this is true, but in fact the price of the coin after halving fell slightly, and after a while continued active growth.  This situation was with Bitcoin and Litecoin, which after a halving fell for several months.  According to analysts, the next bottom can be expected in September 2020, and already the next 2021 is able to surprise with new highs in bitcoin prices.  So gentlemen, get ready for the roller coaster.

The momentum of the bitcoin is already finished and that is the reason why we saw a huge pullback with low volume but take a look at the wick when the bounce happened, it is super long that indicating many people who panic. The halving is approaching and by looking at the price action, the participants are growing so there is a high chance that the halving will become a catalyst that can lead to spike of the bitcoin.

Well, I suppose there is an increase of media coverage about Bitcoin halving and crypto currency in general but there's still the question who's going to see or eve read these articles. I often find that there's a niche of people interested so even though there's still a good coverage the base/people is still the limiting step.

Bitcoin price for many years is revolving in between 5k$ to 10k$. I dont think coin halving have any impact on bitcoin atleast in its early days. May be in days to come it go up.

Warmly Appreciate your thinking about bitcoin and its overall growth in last couple of years. I just wanna add some lines with you and hope that's gonna help lot of holders to get relief from their rising tensions. "Panic" a common word in any kind of investment because every investment have 2 equal sides which are profit and loss. Its remain same for bitcoin investment and will stay same in the upcoming future.

I can clearly remember the date of bitcoin's all time high $20,089.00 USD (Dec 17, 2017) when some were panicked due to its sudden bump and as usual it comes to current situation. At that time there were many investors and i also know some guys personally who filled their wallet with handsome amounts but due to big price crash they hold their coins for a long time. Yeah they were panicked also but they didn’t lose their trust on bitcoin's potentiality. As a result between this 3 years they sold their coins for a several time and purchase again from lowest price falls. Now in current situation they recovered all their losses and most of them have got the taste of profits.                  

As we all know that everyday thousands of new peoples are adding with worlds total population and currently in most countries people’s are suffering with land shortage. Specially in Asian countries investment in land property is accepted as most secure and profitable investment. In this kind of investment investors have to wait for a long time. Same in bitcoin if present investors try to make good profits just in a short time than obviously they have to take estimated risks which will produce panic for sure. During the eve of bitcoin halving i sharply believe that investors with strong knowledge of bitcoin's price chart and potentiality will definitely get the taste of profit in upcoming days.  

We will see a halving moment in a few hours later, and many people are excited to wait for that moment. If you check on https://www.bitcoinblockhalf.com/, the website is down for now. I wonder if many people access that website together to watch the countdown. But related to the bitcoin price, the price now has down at $8,800 level price, but now, it seems the price is trying to break the higher price, and a few hours ago, the price can back to $9,000 level, but it was back again to $8,800.

I wonder how much the bitcoin price will be in the halving moment, and I want to wait for that moment. I hope that the price can go up and stay at $9,000 before the halving, and after the halving, the price will increase so high.

Bitcoin (https://coincodex.com/crypto/bitcoin/) got ranked as the #1 coin to watch for this week, ranked by CoinCodex!

https://coincodex.com/article/8103/top-3-coins-to-watch-may-11-may-17-2020/

This is the moment that crypto lovers have been waiting for. This seasonal trend is always awaited because it always gives a new surprise, with conditions that are very different this time that is becoming increasingly special because there is a pandemic, many people are curious about what is happening. Many predict what TS says, although it is difficult and takes time.
Unfortunately, newbies who know this based on booming hysteria, lack understanding of the existing ecosystem so disappointed that there is no significant increase after halving, even though only a few days have passed. While we know that the existence of a big pump takes months after halving. FOMO does not provide benefits if it is not supported by qualified knowledge, which is what makes many newbies say bitcoin is a scam  ::)

Bitcoin is on top so there is totally no doubt it would be on the top of watch list of coins lol.

People these days are intrigue with bitcoin because of the halving, they must have saw the historic price changes of bitcoin from the past halving and they see it climbing so they are curios to put an investment coz they are all locked up (we actually) As bitcoin is always talked from outside, expect more growth from it that will absolutely come from mass adoption, chances are big now brought by the virus.

Just because bitcoin halving was on the top search in google doesn't necessarily mean that the world attention were focus on it. Bitcoin halving just finished, nothing much change especially those who have idea bout it.

Maybe others were just curious what would be the next turn for the bitcoin's price after halving. Just a curiosity. And maybe you just exagerrate things by saying attracts world attention. Many are still confuses how bitcoin works though.

There is no doubt on that because it is the leading cryptocurrency, it is very clear that bitcoin was number one on the watchlist. I wonder why there's an article regarding this when some of the alternative cryptocurrency relies on BTC.

So even there's no bitcoin halving this year, because of many investors, traders and users, Bitcoin will always be the number 1.

I don't know if it is worth celebrating or not, most people anticipated the best but the market doesn't respond pretty well. Or maybe, the theory about bitcoin halving hypes didn't just happened meaning to say that people will try to expect another thing to happen in a long run.


Perhaps, more people to the tech industry will be the only people to be attracted, but I don't think using "The world" to make this event more successful is enough as it shows not so promising result just right after the bitcoin halving happened but the good thing is that "at least we tried".

I witnessed the pump, but it seems like it's already over now.

When there is a big event in crypto, people usually make an speculation and its good if Media will be attracted as well as it would help to bring the hype higher. As we can see, bitcoin is now struggling to break $10,000 and that is because the hype is already over.

At the moment that bitcoin is still not that stable, I believe it will  only just move side ways or pump and dump which we can always take advantage of instead of panicking. My way of enjoying bitcoin's volatility is to always buy at dip and when there's a big event happening, I always buy the rumor and sell the news.

Bitcoin is a popular coin of the present time. Bitcoin will soon be recognized as a legal tender worldwide. We can save for the future by investing in Bitcoin now.
The price of Bitcoin may skyrocket in the future and may become worthless again. However, the probability of Bitcoin scam is 0%. In the future, Bitcoin will be recognized as a popular digital currency worldwide.