Ozero
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June 25, 2020, 02:17:50 PM |
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How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
Cult like " Believers " will never look at broken promises, and failure to perform. But serious INVESTORS look at things like this, and the failure of the halving to make the price of BitCoin go up will be very much noticed.. For those that thought institutional and other serious money would invest in BitCoin, it is not going to happen. Just another nail in the coffin of the false promise of BitCoin going to the moon.
PETER SCHIFF was right again... The halving was already priced into the market !
Hard Facts
In the two previous cases, that is, in 2012 and 2016, bitcoin in the first few months after the reduction by half fell first in price and only after the network was self-tuning again, during the year did its significant price increase. In the latter case, which occurred in May, we almost did not see a drop in the price of bitcoin. Now, the price of bitcoin is affected by many different factors, primarily positive ones, which ultimately give the result even of a slow growth in its price. Therefore, the price effect of reducing remuneration to miners should be calculated in half in about a year. We need to be patient.
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Spenjoyere3
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June 25, 2020, 04:43:31 PM |
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We do not necessarily see the effect of HALVING within two months or more. bitcoin 2016 HALVING took more than 11 months to bring the price above 10,000 dollars. so in sep 2017 price moves up to 13000.
HALVING has an effect it is fact and you will fell it in the long run if I were you, I would buy a few months and weeks before HALVING and will sell a year or two after that.
you would notice many gains that could reach $ 100,000.
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acroman08
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June 25, 2020, 05:27:00 PM |
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I don't remember the developers of bitcoin making any promises about the price. and those predictions(the core of your argument) that you mentioned? they are just speculation from somebody and has no meaning and can't be taken seriously. if you ask me, the result of all the previous halving speaks for itself. just because the price didn't rose as you or those predictions or promises your so keen about doesn't mean bitcoin or the halving has failed.
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HardFacts (OP)
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June 26, 2020, 07:01:40 PM Last edit: June 26, 2020, 08:15:49 PM by mprep |
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I don't remember the developers of bitcoin making any promises about the price.
I never, never, never said the DEVLEOPERS of BitCoin made any promise about the price. Acroman08 is the perfect example of a desperate person that must resort to a DISHONEST argument, attributing a quote to me that I did NOT make. Go back and READ, There were posts all over this forum about how the price of BitCoin was going to skyrocket with the halving, all of them WRONG. Hard Facts
You and your serious INVESTORS may as well go fuck themselves. This is not some ICO selling you tokens. There is no Bitcoin Corporations shilling you tokens.
Are you not paying attention ? BitCoin promotors have been saying " Instutional Money " will be investing in BitCoin for a long time, all over the financial channels and elsewhere. For someone that pretends to be so knowlegable, you are totally clueless about how BitCoin is being promoted ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Hard Facts [moderator's note: consecutive posts merged]
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fiulpro
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June 26, 2020, 07:27:18 PM |
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How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
Cult like " Believers " will never look at broken promises, and failure to perform. But serious INVESTORS look at things like this, and the failure of the halving to make the price of BitCoin go up will be very much noticed.. For those that thought institutional and other serious money would invest in BitCoin, it is not going to happen. Just another nail in the coffin of the false promise of BitCoin going to the moon.
PETER SCHIFF was right again... The halving was already priced into the market !
Hard Facts
I do think you realize that not everyone is here to earn profits when the price goes good , there are long term holders and people who are earning through Bitcoins , I don't think as long as the price is good and sufficient they don't make a big deal out of it. Then again one knows that * No one can tell what's the next move of the market is going to be, until and unless you are a whale * It is not always about the price , it's more or less about the freedom we get from the Fiat , it's a great alternative to conservative form of money , I do think we should look at the bigger picture here . At the same time we do have a warning regarding the incoming volatility and therefore if you are that scared about loosing much here , you should encash ~ Don't blame the market , don't blame Bitcoins or anyone , you were the one who made the choice of buying and holding.
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milewilda
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June 26, 2020, 07:36:01 PM |
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How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
Cult like " Believers " will never look at broken promises, and failure to perform. But serious INVESTORS look at things like this, and the failure of the halving to make the price of BitCoin go up will be very much noticed.. For those that thought institutional and other serious money would invest in BitCoin, it is not going to happen. Just another nail in the coffin of the false promise of BitCoin going to the moon.
PETER SCHIFF was right again... The halving was already priced into the market !
Hard Facts
Are you sure that Institutional funds wont flow out in cryptocurrency? We dont even know if it do happen already gradually. Price might not have increased yet but you cant stop those people on not to believe yet we have seen in the past when it comes to potential price movement.It might not able to happen on point but this would be on gradual phase which is preferable. When you do tend to rush things up then it do basically shows on how impatient you are towards into your bitcoin investment. People wont stop on making prediction because this had been our job since we do get involved into this market.
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gamer4156
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June 26, 2020, 08:05:23 PM |
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There is nothing to be so busy about yet. You have to be patient. Not all predictions will always be correct. Wait patiently There is definitely something much better waiting. Don't forget about the current world. Many people have died in large countries due to the coronavirus. So I say be patient. Another thing is that if everyone is looking at the prediction, it will not happen. Many people do not understand or do not know more about this prediction.
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Kahan848
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June 26, 2020, 08:21:40 PM |
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It's too early to draw any conclusions right now. Wait and see for yourself, I have never seen any predictions that were accurate. Previous halvings took months to take effects anyway
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bitbunnny
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June 26, 2020, 09:04:06 PM |
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I don't remember the developers of bitcoin making any promises about the price. and those predictions(the core of your argument) that you mentioned? they are just speculation from somebody and has no meaning and can't be taken seriously. if you ask me, the result of all the previous halving speaks for itself. just because the price didn't rose as you or those predictions or promises your so keen about doesn't mean bitcoin or the halving has failed.
How could anymore promise that any prediction about the price will come true? Bitcoin users should know that and taking something like that seriously is really funny. Many had big expectations from halving thinking price will grow high and fast and when that didn't happen and they probably bought some coins because of that, they look for responsibility in someone else. That is childish.
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kawetsriyanto
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June 26, 2020, 09:16:14 PM |
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How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
It will be different for everyone if seeing form the impact of the Bitcoin halving. About the prediction? I think that it is no problem for me. There are several predictions about the Bitcoin price after halving. So far, yes, it doesn't happen yet. But, it is not yet, not never. So, I think that the BTC price still has the chance to grow up and reach its higher rice this year. So, never blame the experts. For me personally, experts' predictions become one of the considerations and also we can expect about the price based on the prediction, but not much for it.
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o_e_l_e_o
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June 27, 2020, 08:27:54 AM |
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Are you not paying attention ? BitCoin promotors have been saying " Instutional Money " will be investing in BitCoin for a long time, all over the financial channels and elsewhere. For someone that pretends to be so knowlegable, you are totally clueless about how BitCoin is being promoted ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Are you not paying attention? Peter Schiff has been saying "Gold will go to $5k" and "Bitcoin will go to $1k" for a long time, all over his blog, media channels, and elsewhere. For someone that pretends to be so knowledgeable, you are totally clueless about anything that didn't come out of Peter Schiff's mouth. There. Fixed that for you. It is not always about the price , it's more or less about the freedom we get from the Fiat This. I couldn't tell you what the current fiat-denominated price of bitcoin is. The only reason I know when there has been a big drop or increase in its fiat value is because I see posts on this forum saying so. As far as I am concerned, 1 BTC = 1 BTC.
The bottom line is there will always be people who predict that bitcoin is going to hit $1 million, and there will always be people like OP who predict bitcoin is going to crash to $0 (mostly because they are all in on another asset class like gold). Both of these groups can be safely ignored.
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Oasisman
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June 27, 2020, 09:43:49 AM |
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Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
"Hard to believe Facts" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Did you remember when was the ATH priced in during the 2016 or 2012 Bitcoin halving? Or do you want us to remind you? Here, take a look at the timeline of Bitcoin price movement. https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp Please take a look at how Bitcoin reacts after a year from the halving. Is it a coincidence, or the people speculating on a price trend? Even before from the past 2 halving without the pandemic, the price movements after the halving resembles today. So, It would be too early for you to say that the bullish predictions never happened. Wait until 2021 ends and come back to this thread.
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acroman08
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June 27, 2020, 09:45:41 AM |
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I don't remember the developers of bitcoin making any promises about the price.
I never, never, never said the DEVLEOPERS of BitCoin made any promise about the price. Acroman08 is the perfect example of a desperate person that must resort to a DISHONEST argument, attributing a quote to me that I did NOT make. Go back and READ, There were posts all over this forum about how the price of BitCoin was going to skyrocket with the halving, all of them WRONG. Hard Facts then what promises are you talking about? if the developers didn't make any promises why believe the promises of other poeple and blame it on bitcoin? your logic is so flawed that it is hilarious to argue with you. like I said, in case you didn't read my previous post " they are just speculation from somebody and has no meaning and can't be taken seriously."
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ethereumhunter
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June 27, 2020, 09:59:55 AM |
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There is nothing to be so busy about yet. You have to be patient. Not all predictions will always be correct. Wait patiently There is definitely something much better waiting. Don't forget about the current world. Many people have died in large countries due to the coronavirus. So I say be patient. Another thing is that if everyone is looking at the prediction, it will not happen. Many people do not understand or do not know more about this prediction.
There is nothing we can do to have the right predicting because even the expert predicting is not always correct. I am sure that the crypto market will recover sooner or later, and meanwhile, we still have much time to buy many coins right now. Bitcoin price itself will rise higher, and if that is happening this year, we will see a new rally from bitcoin, and the price will increase fast in a short time. Just wait, be patient, and enjoy the moment, and don't forget to buy more bitcoin if you have more money.
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lienfaye
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June 27, 2020, 10:25:22 AM |
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There's no guarantee that the price of btc will skycocket after halving, thats why its advisable to have less expectation because those prices predicted after halving is not certain to happen.
I think its not going to reflect yet, it takes time before we can see an obvious growth for btc so we need patience.
An investor who knows the nature of btc and crypto understands how the market flow and wont question why the price is still not increasing.
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HardFacts (OP)
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June 27, 2020, 02:13:27 PM |
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Did you remember when was the ATH priced in during the 2016 or 2012 Bitcoin halving? Or do you want us to remind you? Here, take a look at the timeline of Bitcoin price movement.
The days of the bubble economy, and the resulting BUBBLE in BitCoin prices are OVER... The past rise to the all time highs will not be repeated. All bubbles and manias go up in an increidble way until they don't ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Hard Facts
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