Some miner has leaving off from crypto already. https://www.coindesk.com/bitcoin-halving-2020-miner-arms-race-efficiencyMining competition is now getting harder and mining businesses seem not profitable this time. And I think that some of them are now at rest waiting for the market to rise rather than to run their equipment and pay for the huge electric bill. But I have to say that this is just for the meantime while the situation is hard but later on, they will back to operation.
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Yes, you are right if we just need to see the price. When someone decide to be an active trader, he/she want to get daily profit. When you say if we are buy in 8k and drop to 6k, bitcoin will back to 10k or even higher in the future, but its not effective for daily trader. That why many trader using indicator, with this tools at least they can analyze, take a decision or even set cut loss to minimize his/her asset drops in short period. Your suggestion for holder only, not for daily trader i think. Using trading tools have that advantage than using nothing and it is quite difficult for day traders when they don't have any of these. Because in the situation as we have, it will take a big role and I think holders will do the same. Actually, I'd tried it to do trading without any indicator or any trading tools, you can say the difference and it is really hard to make a profit. That is how important to have them and use them all the time, not only for traders but also for you as an investor.
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Let's assume that in the next bull market the portfolio is worth so much that you would have been financially secure for the rest of your life. How would you restructure your portfolio to ensure its value? Cash all out in Fiat, Stablecoins, all or part of it in Bitcoin?
I actually secured my capital and leave the rest. I have some learning in the past Bullrun, I keep very optimistic that time thinking that the market will continue to be in bullish and I didn't do anything, no cashout, no withdrawals...but that was before and I need to be smart now and I'll take advantage in every rise and profit I have. Now, I usually do some cashouts because I'm afraid if I lost such an opportunity again.
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Don't fall into a person who claims that he was a lawyer or high profile link unless he/they will provide their real identity and proven to be true. Because this might be a way to attract investors and think that they can be trusted. Don't forget how smart are the scammers today, they'll do everything just achieve their goal and put everything to be at risk. Because for me now, I used to skip ICO projects for investment but rather to consider those projects that are proven already...
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Well, gambling site owners will be happy if there is a massive growth of crypto gambler but it seems to be unfortunate knowing that halving never has that instant effect on the market. It might @swogerino is right about his speculations and that to see the market in bullish next year. And we can also expect that its effect on the gambling (if there is any) will be next year.
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It sounds like miners have making this way to become profitable unlike they get in mining. And it looks like the whales are not in control with market today but people are looking into the miner's cause. But what I see here is that almost all of us have not intention to sell their Bitcoin and this could help to fasten the recovery. I believe that many we're expecting high during halving but the situation seems too different and that we have to accept.
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I have only 2 exchanges, and that is Bittrex and Binance but I usually use Binance since my funds are already there. I'd never had the intent to withdraw once I have profit but just have to keep in there. Maybe I was confident of their security that is why I have no worries even I store my funds for a year but sometimes I also think, What IF...what of the previous hacking scenario will happen again. There are only two things we need to consider the potentiality of that certain exchanger and that is their security and transaction fees.
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Yet, another chapter of Bitcoin's journey and what we are expecting to happen now? Definitely, we can't exactly tell we are in the bullish soon nor we can be bearish. The previous halvings have a positive response months after but I really doubt if it will happen this year again knowing the situation as it is worse. However, can be of a big chance once the pandemic is done.
TBH, there is no clear vision to see what is the next scenario. There are only two things that possibly won't change and that is the ups and downs. Maybe it was too early to say something, will have to wait a few months and may we have some pictures on it.
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Since halving is done, then our next step is to find how it gradually changes the market price. We have a good price during halving and we are expecting a huge uplift after. But something I have to think differently because we are still in the fight against the pandemic. Bullrun is what we wanted to happen but I feel we have to miss it again because of some circumstances unless if we are not really affected by the global market.
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What I've seen is that, if you are in the focus of one thing or too much excited to accomplish a task, it makes you uneasy. I feel it quite sometimes, not only in gambling but also in the other thing. And I'd find a solution to it and that is to control our self, emotions...tried to divert our mind to another thing. But that was pretty hard when you are in addiction, that is also will really matter and can't even give you time to think about the outside but rather to deep thinking about gambling.
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Trust will really matter especially when we are dealing with other people online. Actually, this scenario happens so many times but people are still not changed. But as I've understood with the case of your friend, they already have some trades in the past day and that certain thing giving them to trust each other and that will be the reason why the traded person takes advantage of it. I don't know it was a plan but something it looks like that.
And for that sort of learning, it is possible to have trade only to exchanger in order to minimize the risk. We can still make a deal with other person provided he can really be trusted and reputable person.
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I shouldn't think about x10. Even MATIC coin is listed in Binance or any reputable exchanges x10 is seems to be impossible. Maybe I am wrong but to say frankly, I wasn't convinced that MATIC will be rallying good in the future. Maybe it was dump because of the market condition but I don't know if it can be back in the competition or it gonna be in the straight dump.
All I can say is good luck to those who invested it by now. It seems to be the market is playing and the risk is getting high.
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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.
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The question is: will the halving history repeat itself?
It could be but not in 100% sure. A lot of factors that could actually make it impossible just like what we have now. There is no pandemic in the previous 2 halvings, though they have hacking events in the past, but this year's halving is quite challenging for us and I know everyone had felt it. That is why we shouldn't be expecting too much about this halving but it doesn't mean that we are just losing our hopes by then, It can still be there (Bullrun)...only we need to be patient.
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Should we feel hopeless because of the pandemic and can't able to see the bullish again? Well, it gives me no stress thinking of Bullrun to show up again. Besides, we are experiencing multiple dumps and trials before, in fact, it was worse that today. But look at, we are still alive and until there is market demand, we still have a chance to see back the horizon again. We don't need to be optimistic and think about another ATH just to prove something but having the market working on, it is good enough to say that we are still worthy of the trust.
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Altcoins that SHOULD pump the most? TBH, I don't feel much but I was hoping that ETH will do most. Isn't sure that among the top listed coins will make a huge pump either. Then, we are about to draw some speculation and to know that 6months after halving we are expecting the effect of halving, and if that Bitcoin will in the bullish that time, it for sure that altcoins will rally the same. To the fact that we never know what will happen in the future, we should just give wild gues and hoping that our bet is right.
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I'd never read all the content of Op's post coz it spends more time reading and really boring as they have said. And it was just OP asking about rebooting, could OP make a pool for this? Whos in favor and whos not.
But anyway, my answer is no and actually, we don't need to change the world. Only I'd found something that we need to change and that is our attitude and that is of being greedy of power. I believe that there is a conspiracy in the current situation and that because someone would like to take control over the world. That was really in greediness and I can't imagine how they become desperate enough to take such action in order to achieve their/his goal. That was foolishness.
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Bitcoin has soared this week, climbing to $10,000 and revving up the market ahead of the closely-watched halving next week. The bitcoin price has now erased all its coronavirus crash losses, up almost 40% since January 1—and putting it on track to be one of the year’s best performing assets.
It was really good to see that the market has already reached at $10k for quite sometimes after the hard drop because of the coronavirus becoming pandemic. It was then given to the extent how halving affects the market flows and makes a push to move higher but this not gives the assurance of being considered as a safe haven asset for that we know Bullish could also be changed into bearish even in that day. Believing to it volatile in nature, I couldn't consider Bitcoin to be a safe haven asset, only I think as a profitable market but not it gives safety assurance to all crypto holders.
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Ethereum price is now $210 so it is easy for eth to reach $250 price maybe in the halving event, hopefully. Let's just grab more and hold.
Maybe you can say it was easy because it only has $40 difference and it is really attainable in the case that Bitcoin will also keep rallying. This is to think that the upcoming halvings have giving hopes of all crypto holders and it was clear that the momentum is going good. But I have to give hope also that this is not a whales trick and might not a way to dump the price after halving which it absolutely gives losses to the investors.
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Maybe it was just a quick glance on the market and that person might have missed something. If that person is really in trading, he can able to say how hard to make money here. Nobody could tell that easy way of making money trading and might everyone could justify the hard works they give in order to gain profits most especially during the bear season. Truly there is a chance to gain huge in trading but No way to make it easy.
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