coingecko (OP)
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April 28, 2020, 05:33:51 AM |
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Hey everyone, we recently created an educational infographic about Bitcoin Halving aimed at beginners. Initially we posted this in the Discussion thread, and the community gave us some feedback and suggested that we also share it here too as it is most relevant! We hope you would enjoy it and learn something out of this fun piece!
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UserU
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April 28, 2020, 05:39:21 AM |
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Don't mind if this sounds off-topic, but are you one of the CG founders?
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coingecko (OP)
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April 28, 2020, 05:46:56 AM |
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Yes this is an official account for CoinGecko
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Cnut237
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April 28, 2020, 07:04:47 AM |
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OP, thanks for including "always do your own research" on the bit about price appreciation!
I have seen a lot of people thinking that halving means a guaranteed price increase, when this is not necessarily the case. When everyone expects something to happen, that means it is almost always priced in beforehand, and when the event itself actually happens, there can even be a small price drop - the maxim 'buy the rumour, sell the news'.
Halving should mean a price increase, and arguably past halving events have led to increases, but the more it happens, the more people anticipate the same happening next time, and so buy up bitcoin ahead of the event, which drives up the price before the halving actually happens.
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slackovic
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April 28, 2020, 07:21:46 AM |
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OP, thanks for including "always do your own research" on the bit about price appreciation!
I have seen a lot of people thinking that halving means a guaranteed price increase, when this is not necessarily the case. When everyone expects something to happen, that means it is almost always priced in beforehand, and when the event itself actually happens, there can even be a small price drop - the maxim 'buy the rumour, sell the news'.
Halving should mean a price increase, and arguably past halving events have led to increases, but the more it happens, the more people anticipate the same happening next time, and so buy up bitcoin ahead of the event, which drives up the price before the halving actually happens.
Yeah, everyone is expecting some BTC pump even in the time before the halving and then short dump after the halving. That's the best example of "buy the rumor, sell the news". I think that after the short dump that will happen after the halving we could see a slow but steady rise. But WTFDIK, do your own research
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UserU
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April 28, 2020, 07:22:31 AM |
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Yes this is an official account for CoinGecko
Nice, I saw your team and the founder in my country some time back. Didn't know you guys also have an account here too.
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CryptopreneurBrainboss
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April 28, 2020, 07:25:23 AM |
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Halving should mean a price increase, and arguably past halving events have led to increases, but the more it happens, the more people anticipate the same happening next time, and so buy up bitcoin ahead of the event, which drives up the price before the halving actually happens.
Quite true although on the long run, the halving effect will still have a positive impact on bitcoin price as it decrease the supply of bitcoin flowing into the market provided the optimism is still there. Irrespective of how the market plays out, it'll still be a win-win situation for bitcoin as the price is likely to raise before the event in anticipation of a appreciate in price after the event which is also likely to happen, the price decline that might follow should just be considered a correction because that's what it's not basically a dump. If it raises before the event, we profit, and when it also raise after the event, we still profit. When the corrections (dump) comes, we load our bags in anticipating for future gains. @coingecko kudos for creating this infographic of bitcoin halving. Looks simple, very self explanatory and educative.
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coingecko (OP)
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April 28, 2020, 07:27:58 AM |
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Yes this is an official account for CoinGecko
Nice, I saw your team and the founder in my country some time back. Didn't know you guys also have an account here too. That's cool, its great to be here! Where was it if you dont mind me asking? OP, thanks for including "always do your own research" on the bit about price appreciation!
I have seen a lot of people thinking that halving means a guaranteed price increase, when this is not necessarily the case. When everyone expects something to happen, that means it is almost always priced in beforehand, and when the event itself actually happens, there can even be a small price drop - the maxim 'buy the rumour, sell the news'.
Halving should mean a price increase, and arguably past halving events have led to increases, but the more it happens, the more people anticipate the same happening next time, and so buy up bitcoin ahead of the event, which drives up the price before the halving actually happens.
OP, thanks for including "always do your own research" on the bit about price appreciation!
I have seen a lot of people thinking that halving means a guaranteed price increase, when this is not necessarily the case. When everyone expects something to happen, that means it is almost always priced in beforehand, and when the event itself actually happens, there can even be a small price drop - the maxim 'buy the rumour, sell the news'.
Halving should mean a price increase, and arguably past halving events have led to increases, but the more it happens, the more people anticipate the same happening next time, and so buy up bitcoin ahead of the event, which drives up the price before the halving actually happens.
Yeah, everyone is expecting some BTC pump even in the time before the halving and then short dump after the halving. That's the best example of "buy the rumor, sell the news". I think that after the short dump that will happen after the halving we could see a slow but steady rise. But WTFDIK, do your own research Yea totally, there are varying reasons for a price action. Most people think that it has already been priced in, if there is volatility during halving it is most likely speculators coming in
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UserU
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April 28, 2020, 08:11:56 AM |
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That's cool, its great to be here! Where was it if you dont mind me asking?
It was in Malaysia, 2 years ago at Damansara. It was at night with some talks about multiple cryptos and the focus on their carbon footprints
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Plaguedeath
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April 28, 2020, 08:36:07 AM |
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Good infographic @coingecko, I usually used your website too for check bitcoin price or new altcoins No offense, but as far I know, create duplicate topic is prohibited in this forum. You have post about infographic yesterday https://bitcointalk.org/index.php?topic=5243876.0And you should choose which thread you want to delete
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coingecko (OP)
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April 28, 2020, 09:46:20 AM |
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Good infographic @coingecko, I usually used your website too for check bitcoin price or new altcoins No offense, but as far I know, create duplicate topic is prohibited in this forum. You have post about infographic yesterday https://bitcointalk.org/index.php?topic=5243876.0And you should choose which thread you want to delete Thanks! do let us know if you have any suggestions or feedback. My bad, brought it up in that section first thinking it might be a good general discussion - but it was also good as we get some very interesting and constructive feedback to improve the infograph. Then created one here because they recommended that this be in the eyes for people searching for beginner materials. Hopefully we are adding value here on both sides. Hope mod would let it slide, or at least issue a warning first so i can really delete it.
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Bitlover10
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Love is all
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April 28, 2020, 10:37:53 AM |
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It's really interesting to see how it's going to impact on btc price. Where all the world economy is going to crisis due to corona bitcoin is increasing so fast and bitcoin halving in the top trend in Google search. I am holding my btc for future besides investing in stock.
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Upgrade00
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Playgram - The Telegram Casino
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April 28, 2020, 11:30:59 AM |
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Hopefully we are adding value here on both sides. Hope mod would let it slide, or at least issue a warning first so i can really delete it.
AFAIK, OPs can not delete their started threads, only mods can thrash it, you can only lock a thread, if you don't want further discussions on it or move it to another section., which should have been the best action if you felt it was more suitable for another board. You can find the options to mute or lock a topic as the bottom left side of the thread page.
In between, nice and concise infographic. If you are a Bitcoin enthusiasts, you would be very interested in the market movements before and after the halving. Remember always to; 'invest only what you can afford to lose', there are no guarantees.
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tbct_mt2
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April 28, 2020, 11:36:05 AM |
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This is a very good and helpful infographic. Weeks ago I read the article that is helpful too. https://www.coindesk.com/bitcoin-halving-explainerThe Bitcoin miners have mined nearly 90% of bitcoin total supply so that makes me crazy when I think of the unreached bitcoin. Not much as shown on the chart in OP's infographic. It is reasonable to see bitcoin skyrockets recent days when there are a half of month till its halving day.
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Sohyun Park
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April 30, 2020, 11:05:29 AM |
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Here binance has given some details like block's mined the count down and simple FAQ's on Halving https://www.binance.vision/halvingThere is one more video that explains the details of halving in short time https://www.youtube.com/watch?v=GNFMIXNW48I Holding breathe and Bitcoin for the upcoming halving. Let us all know about the halving and be ready Only 12 more days to go.
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UserU
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April 30, 2020, 12:35:04 PM |
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Expect the price to rally above 10K until the halvening day. It's back to 2017 all over again
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karthik5334
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May 17, 2020, 08:14:55 AM |
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tbct_mt2
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May 17, 2020, 12:06:26 PM |
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Bitcoin halving event is a stimulant to help warming up the crypto market and simultaneously attracting new users, new traders and also expanding its adoption for later months.
Please don't expect price will take off soon after the halving, it takes months to do an impressive take-off for us.
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