'Everyone knows' that all altcoins will crash during the Bitcoin halving. ಠ_ಠ

[americanpegasus]

Well I don't buy it.  After 5 years in investing, trading, and markets I have learned this golden rule: As soon as everyone knows something, look out. 
 
I actually learned this lesson quite early.  Anyone else remember when this happened back in 2012? 
 

[cannabanana]

Well I don't buy it.  After 5 years in investing, trading, and markets I have learned this golden rule: As soon as everyone knows something, look out.  
  
I actually learned this lesson quite early.  Anyone else remember when this happened back in 2012?  
  

Because Apple is an Altcoin.....Right.....

You're like a stupid version of R0ach

[somacoin]

You're right americanpegasus, but ppppsssssshhhh. Don't broadcast this too loudly. In fact I believe the halving could result in Monero skyrocketing to an ATH that we've never seen before.

[mining1]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

[somacoin]

it wont be profitable for most people to mine so the mining will concentrate in china.

As a matter of fact, the mining is heavily concentrated in China (70%+ of the network) as we speak.

[bathrobehero]

'Everyone knows' that all altcoins will crash during the Bitcoin halving.  ಠ_ಠ

I think that only goes for small and short term changes in price likely because when people see that Bitcoin's value increases they tend to dump alts in favor of BTC and cash out in FIAT to maximize alt to FIAT value.

But if Bitcoin were to go mad and get to something to like $700 or so then it would definitely bring the altcoin market with it because at that BTC price a whole lot of new people would get interested which means a whole lot of people would also get interested in alts as well.

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

I think you underestimate the major miners by a large margin. They know, they are prepared and while they will probably wait for a rally to sell (even if that's maybe more than a year from now).
And likely they would still be profitable if they were sell every day after the halving. I could be wrong though but I think the big players got it down.

[bobmarley650]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

[ktmracing03]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT

[Nxtblg]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT

No, but it didn't crash & burn either.


To address the subject of the thread: there's an old speculators' saw about the market doing what it can to fool most of the people most of the time. As far as I can tell, the biggest surprise would be Bitcoin piddling along right about where it is.

[opmac]

I feel there will be a small increase in current price to about $550

BTC will not die. The grandfather to all other alts.

[iGotSpots]

You're right americanpegasus, but ppppsssssshhhh. Don't broadcast this too loudly. In fact I believe the halving could result in Monero skyrocketing to an ATH that we've never seen before.

Only took two replies for the useless shills to appear

[Kairoz]

Thanks for sharing your experience I will take it into account.

[alyssa85]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

It won't. The first halvening coincided with bitcoin going mainstream and the Cyprus crisis. There is nothing this time to give it a fillip and plenty of things to make hodlers sell.

[BellaBitBit]

I agree with you.  I don't think alts will crash and I am conservative on what I think will happen to Bitcoin at halving, as the person above me said about Litecoin - halving came and nothing happened.  The good news is that it remained stable and I see Bitcoin doing that too.  As time goes by it is clear to see that Bitcoin will be the gold standard to all crypto.

[adaseb]

Litecoin did double. Look at the charts. It was before the halving.

[The Sceptical Chymist]

Bitcoin will die after halving, price wont increase much and it wont be profitable for most people to mine so the mining will concentrate in china. I mean, the halving hype is already included in the curent price since it wasnt a secret for anyone.

What if bitcoin doubles

What if it halves?


Remember when LTC doubled at its halving last year....oh wait IT DIDNT

Lol thank you.   And I agree with the above, which is that as soon as everyone in the market knows about something, it's already been priced in.  So that theory is going to get tested shortly.

[aioc]

I am excited to see all this events as it unfolds I am not a big stake holder of any coin and bitcoin yet but this could be a banner year for bitcoin and other altcoin because of this halving..

[kingorbust]

why would altcoins crash during Bitcoin halving? Isn't it more logical that if bitcoind goes down after haling that people will flock to other currencies, especially ETH? I dnt think everyone is gonna cash out to USD/EUR so they will probably buy alt  coins, no?

I still cant get a clear answer: how is ETH tied to BTC? If BTC goes up ETH goes up or is it if BTC goes up ETH goes down? Or is this not even realted anymore since you can buy ETH with real money now?

[WarrEagle]

No one "KNOWS' anything. That is what I have learned in the last 4 to 5 years of dabbling in crypto...nothing is a sure thing.

[Amph]

not in the halving, but when the pump will begin which will not happen in the exact same day at the halving, but instead of dropping some alt, the strongest one my face an increase

other will unavoidably get dumped to have more bitcoin to dump for fiat and do trading, when the dump will occur after the huge pump