Bitcoin Forum

We have the absolute DREAM SCENARIO for BitCion  ;D ;D ;D

1.   Massive Printing of Fiat Currency.

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.

3.   BitCoin Halving just taken place a few days ago.


These things were supposed to be ROCKET FUEL for the price of BitCoin, but more people are selling BitCoin than buying, hence the price drops...  Most rational investors are accepting reality, and getting out before the hammer falls and BitCoin drops again.

If BitCoin price can not go up in what should be the best environment in its history, it never will  :'( :'( :'(

TALK IS CHEAP:   Most people are looking at reality, and have voted with their wallets...

Hard Facts

We have the perfect storm except that the market is still based on many pervading realities which we could not close our eyes on. There is that general gloomy feeling all over and Bitcoin is not spared. However, when things will get start to be shiny again am sure that we can experience the real power of Bitcoin as it should be. I am trying to be optimistic on that though we should still be preparing for the worst...and of course hope for the best.

... according to people that pretend to know what they are talking about.

But isn't it so?

The unlimited printing of fiat coupled with the regular reduction of new Bitcoin supply are indeed a perfect recipe for the appreciation of Bitcoin's value.

However, it will not take overnight.


Here:

Nothing is any different atm except for miners, they’re getting half the money for mining new blocks. The lessened supply of new coins will take effect eventually though & we’ll have another meteoric rise.

Transaction fees are up atm, that's probably the only change for the average user.

It didnt changed anything for me. Totally nothing. But i still hope for new bull run..

It might be different now.
With the creation of massive numbers of altcoins and stablecoins, bitcoin became just a trading tool for many to profit.

This might be the case into why we are looking at dumps in exchanges.
Once it hit 10k, then they start to panic thinking the same way will happen months or years ago.

Its a combined effects of ongoing covid19 pandemic and recent halving. Definitely bitcoin holders are passing crucial time but i think most holders have strong believe on bitcoin's potentiality. Due to lockdown most middle class  peoples are struggling to manage funds and number of jobless people’s are increasing day by day. In a situation like this its pretty much common that bitcoin holders will not gonna take risks for their investment. 

If bitcoin can climb from 100$ to 20000$ just in few years then i hope its worldwide community will keep patience to see much positive growth in the future.   

I believe so, there is a mass speculation on bitcoin before halving whether it will pump hard because the supply is going to be cut, but the thing is it does not really meant to make the huge price change,  it is us that makes the halving big deal coz we are basing our thoughts on the chart. The only thing that is different now is the small miners jumping out from bitcoin to another coin, you can see it with the hash rate changes.
This is one of the reason why I have selling my bitcoin by batches, I'm trying to minimize the fees that I need to pay for. I think everyone is feeling it right now.

Today:
BTC Price =  ~$9,337.65

Last time HardFacts posted a bullshit FUD topic about Bitcoin's price - April 11th:  
BTC price = ~$6,867.44

The bullshit FUD topic by HardFacts prior to that one - March 18th:
BTC Price = ~$5,227.11   


HardFacts:

"HuRr DuRr ThE bItCoIn PrIcE dOeSn'T gO uP!"

Moron.

You are correct to post prices, but you pick only dates that support your point....   You are correct that there has been some nice run up's in BitCoin recently, but the huge run up that has been hyped for a very long time now due to the halving DID NOT HAPPEN....  The broken promise of BitCoin going to the moon after the halving is VERY BAD for the future price of bitcoin.

So lets see if you are honest, or just a CULT BELIEVER that will never accept reality and facts....   Post again on this thread next week, next month, 3 months from now, Next year in 1 January 2021.   One of us will be absolutely positively proven right, and the other proven wrong.

One other prediction I will make:   If the BitCoin price goes way down, YOU will be dishonest, come up with a bunch of BS, twist, deceive, anything required to support your religious belief, even when faced with overwhelming proof   ;D ;D ;D

( yeah, we have all seen examples of cult members that are so utterly unable to accept reality, that the world dismisses them as utter fools )

Hard Facts

You chose the timing by posting those topics on those dates.  I'm merely pointing out what you did and how your own topics don't even support the point you are trying to prove.



Look at the last two halvings.  It didn't happen right away with those either.  When you say:
you would have been 100% wrong if you had said the same thing immediately after the previous ones.



I'm not dealing in extremes like you are.  You literally just said the price will NEVER go up.  I'm not saying anything nearly that ridiculous to warrant proof.  My stance is that prices will continue to be volatile.  There will be highs and lows, but the general long-term pattern tends to be upwards.  There may be another sharp drop in future, but if there is, it's certainly not the end, as you would have people believe.

I guess people are selling their coins because they believe that the price of Bitcoin is going to fall. Some believe the price will decline because it's being said that miners might drop out due to rewards being less than they expect.

I am not sure that what might happen next after now, investors are now selling their coins and the market is dropping and such a thing might even lead to the miners dropping out. And like you have said, this is the perfect time for Bitcoin to increase, but it's not everyone that sees it that way, some are thinking that now is not the right time to start investing in anything because they need more fiat to take care of themselves and their family.

The Bitcoin halving is completed, the block reward is down a half. So, I think If the Bitcoin not increase, many minner will shut down their equipments,the bitcoin blockchain system will be bad effect. The system will be delay, the transaction will be pending and The performance of the system will be seriously reduced. This is very dangerous

every one expect to bitcoin get over than 20k after halving! this will take time 10k was the best price after halving and we see 8200 after that also .when any coin go up like that we will see some low price 100% to recovery that.then we can see high prices again.next high target is near 12/13k

It's working out great for me, OP. I bought Bitcoin for much less than its price today with a hope of at least being able to get the same value out of it in a few years and avoid inflation. I got like 3 times more value as a bonus from this perfect asset that just keeps on giving.

How about you? You were negative before the halving and did not buy - price went up from 6000 to 10000. Then it went down to 8000 to give all those late for the party a chance to reconsider. You didn't buy and boom it went back up to 10000. How do you feel when life changing opportunities come and go while you watch?

By the way, it should be Bitcoin

What do you mean of this? Massive printing of fiat currency? There must be rules and regulations by the government in each country regarding the Printing fiat currency? Can it not be massive at all? it should be based on the regulation, shouldn't it?

From the beginning, we have known and noticed that BTC is volatile, very volatile and we cannot expect it to be stable. BTC is not a stable coin. But, this is the reason why I love this coin because I can make profits from it. That is the reality.

You are right, it was done some days ago. that is why we cannot expect too much to see the high pump of the BTC price. It should take a certain time to pump in bullish time. And when it be? We cannot determine it immediately. probably some months later.  ;D

At least, BTC, in reality, has given me more cash every time I need money, especially in this pandemic. BTC can give me more profits through trading although it is not as high as the other traders.

The reality, the people who really expect BTC too high to be rich only in a short time or only overnight because of BTC are those who are dreaming. BTC will not make us rich in one night. there must be a process and I love enjoying the process and progress.

The environment you are describing is perfect for speculation and growing a Bitcoin price bubble.It's far away from perfect,when it comes to mass Bitcoin adoption and global recognition of Bitcoin Core as a trusted and secure currency/store of value.
Mass printing of US dollars doesn't make Bitcoin more valuable.It only makes the US dollar less valuable.
It has been proven so many times that the BTC halving doesn't have a direct impact over the BTC price.
This global recession is very different than the 2007-2009 crisis.The economy might recover pretty fast.

Bitcoin halving is there, no questions ask but people wanted profit by all means, that's why people sell when price is mooning and that's quite the harsh truth about it, no denying that bitcoin's price can be manipulated by big whale investors. Nevertheless, bitcoin is still the future and no one can defy that and still volatile whatever be the angle we looked at. Despite all that, bitcoin will still soar high organically because new adopters are still on the process.

Thousand threads like these and the answer is no, nothing is gonna change anytime soon for bitcoin world. In fact it’s gonna be even better than yesterday. I mean this is the case all time. Each time bitcoin is going ATH.

So let’s just accept the fact that over the time it’s more or less our hero.

1.   Massive Printing of Fiat Currency.

2.   Financial crisis, huge volatility and uncertainty in stock and other markets.

Definitely not my dream scenario  :o

Can this be the reason for some delay in transaction ? Since the halving, I have witnessed that delivery of transaction has been delayed and this is creating some uncertainty so for now, I don't really know as market going but I look for a drop to buy more.

Only hard fact is that OP is mentally unstable person who has occasional needs to come to the forum from time to time and try to write some wisdom. Only the ignorant and fools lived in the belief that halving would change something in the short term, and OP is quite obvious in both categories.

Halving went quite normally for me, just like the one 4 years ago - and I don’t expect it to have any effects on the price this year - not only the price is the most important to everyone, because some were on this forum when BTC was worth only a few $, or a few hundred $.

 Of course, if a person has not analyzed the historical data of past Bitcoin halving in 2012 and 2016, he will draw the wrong conclusions even today. Of course, the price of Bitcoin has risen after halving Bitcoin 2016, but we only need to take into account that this growth was significant no less than a year later . in June 2016, Bitcoin has a value of $ 550, in January 2017 - $ 850, and in June 2017, the price of Bitcoin was $ 2,500. thus, only one year later we saw a significant rise in Bitcoin in price, and by the end of 2017, Bitcoin showed its maximum of $ 20,000. therefore, at least a year you should expect real results after halving Bitcoin 2020.

I've already bump this guy @hard facts, and I might agree on you saying he's mentally unstable. My impression on him is that he is a nerd guy who is obsessed to seek an attention from anyone that he is ready to voice it out even a lie. I've seen him contradicting each and everyone here in the forum, can't we report him for any reason?
Actually it did! This is what I'm telling to some people in here, historically we can see that halving is bringing a good run on the price of bitcoin however the things now are very different compare to the past halving that occurred 8 years ago so don't expect to much from it because the price of it is already high.

Maybe this happened because of the effect of pandemic covid 19. Many sold their bitcoin because they need it badly to support and provide their daily essential needs. Although we did not achieved our expectation during bitcoin halving,still bitcoin is valuable and it's value is still higher and as a trader i still earned without the rocket fuel of bitcoin halving.

It was impossible to say where things would have went. However, I don’t think halving had as much impact as some were predicting was possible. Right now, bitcoin värde (https://bitcoinvärde.se) is very stable and it’s likely to pass the 10k mark as well.

But as always with the Crypto industry, we really have to be watchful of everything and make sure we go on with taking the right stance to be able to benefit through especially in situation we are not so certain about.

I would say that people do already learned on what happened in the past.We shoot up 20k in no time or in a fast pace and after that it did drop almost to the floor.
We do prefer on seeing bitcoins price to be on gradual increase that on big spikes and of course there would be sell offs and profit making would really be the main
priority in here no matter what situation we are into but one things for sure is that price wont really be that stagnant, as long adoption is on the move then
we would definitely see improvements.

The spike on the price of bitcoin after its halving doesn't gonna trigger after few days from halving. instead, it will only raise if the demand for that year becomes high and the result would be the awaited bull run which will likely happen after a few months from now or the next year. What we have experiencing today is lack of confidence to wait by the investors, I think those people who sold their BTC this early is the one who are just entering the industry not too long ago, just to have a decent amount of profit.

The run up in price in BitCoin was BEFORE the halving...   Everyone was well aware of the halving, and it was ALREADY PRICED IN.... Once the halving took place, there was nothing more to drive up the price, hence the sideways trading for the last week.


Hard Facts