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Author Topic: The next halving 2020  (Read 371 times)
r32godzilla (OP)
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August 25, 2018, 01:03:47 PM
 #1

In 2009,50 new bitcoins were created every ten minutes.
In 2012 first halving,25 new btcs were created,in 2016 second halving 12.5 btcs were created every ten minutes and in 2020,third halving only 6.25 btcs would be created for every ten minutes.

So whatever the price of bitcoin be now,just stay tuned and bitcoin price would face a big rise on 2020.Just 637 days more approximately.

https://www.reddit.com/r/Bitcoin/comments/99v2tr/that_next_halving/
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August 25, 2018, 02:06:29 PM
 #2

halving soooo down the lone. we have a lot of other things to look forward to before halving. for starters we have ETF to look forward to, not its approval but just its drama being over whether it is accepted or not so that we can start the rise.
we have Lightning Network's adoption by exchanges to look forward to. it has been adopted by some merchants and the number is growing but nothing major. also if some of these gambling sites start using it, that would still be great.
the we have other additions to bitcoin such as Schnorr, Mimblewimble,... to look forward to.
on speculation front we have Bakkt, regulations to look forward to and see how they can expand or limit the adoption of bitcoin.

and these are all 2018-2019 events Wink

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mmo_online_1981
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August 25, 2018, 02:22:44 PM
 #3

In 2009,50 new bitcoins were created every ten minutes.
In 2012 first halving,25 new btcs were created,in 2016 second halving 12.5 btcs were created every ten minutes and in 2020,third halving only 6.25 btcs would be created for every ten minutes.

So whatever the price of bitcoin be now,just stay tuned and bitcoin price would face a big rise on 2020.Just 637 days more approximately.

https://www.reddit.com/r/Bitcoin/comments/99v2tr/that_next_halving/
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August 25, 2018, 02:23:05 PM
 #4

I also expect that 2020 will be a great deal, that is why i am still searching for comments and articles regarding to bitcoin price. if legit and blockchain technology educated investors would invest then Halving will also increase i would likely to assume that in 2020, 6.25 btc  higher will be created every, more or less than ten minutes. Hope so.

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August 25, 2018, 02:31:20 PM
 #5

this is big and good news, but maybe if later the SEC approves bitcoin, surely the price will be higher in 2020, but if bitcoin is not approved I think bitcoin will develop itself slowly and will probably take longer than 2020
Definitely that was a good news but what is important for now is what are happening now in our current tine which is hoping for the success of ETF with the approval of SEC therefore it may can help more to the success of bitcoin in our industry and maybe it could help more to the adaptation and legalization of it in any part of the world.
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August 25, 2018, 03:05:39 PM
 #6

I think it's hard to wait for the bull run before halving. By this time, you need to try to accumulate as many of the bitcoins as possible. Some altcoins also have strategic plans for this year. Those projects that can survive before halving have chances of success in the future.
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August 26, 2018, 04:53:12 AM
 #7

this is big and good news, but maybe if later the SEC approves bitcoin, surely the price will be higher in 2020, but if bitcoin is not approved I think bitcoin will develop itself slowly and will probably take longer than 2020
Definitely that was a good news but what is important for now is what are happening now in our current tine which is hoping for the success of ETF with the approval of SEC therefore it may can help more to the success of bitcoin in our industry and maybe it could help more to the adaptation and legalization of it in any part of the world.

And this is what should be thinking now because this is the current issue that greatly affect bitcoin price. We shouldn't be live in the future nor worrying them because what will happen today will spoil what's meant to happen. It's not that I'm pessimistic here but a lot will happen in 2 years and I think halving isn't a big issue here thus we should look forward to whatever the issues it will occur in the community.

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August 26, 2018, 05:11:05 AM
 #8

Its still 2 more year before halving and anything can still happen to the price. Here's a old article prior to halving 2016

https://news.bitcoin.com/halving-history-suggests-bitcoins-price-is-heading-for-11210/

Although the market has evolved after the halving in 2016, but I'm positive that it can bring the price to new levels again.

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August 26, 2018, 05:56:46 AM
 #9

have we given up on the price rises already Cheesy
we have 2 more years to go and a whole lot of rise ahead of us. price will be a lot higher prior to halving and then shoot up more when the halvening hype starts. in case you have forgotten last time, the price was already more than 3.5x higher than the bottom of the bear market before the halvening hype began and then it went up another ~2x.
with that trend we should be at least at $20k by then although i'd say breaking the $10k barrier will bring the bull sentiment back and price can start rising big again.

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August 26, 2018, 06:36:21 AM
 #10

In 2020, the third official 'halving' will occur. Here is what to expect and what happened in the past.
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August 27, 2018, 01:21:24 AM
 #11



Source: https://en.insider.pro/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/

If we are going to look at the chart, it looks like its the price has a good chance to increase after the halving in 2020. Anyways, we have 2 more years to processed everything before the next halving, and perhaps by that time, the price has really increased a lot and the halving will just be another catalyst to more the price even higher.

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August 27, 2018, 02:35:05 AM
 #12

yes, 2020 will be a big year for bitcoin, so from now we better focus on collecting BTC or ETH. but BTC must be prioritized over ETH.

I don't want to lose another chance again, because I have lost the low value of bitcoin.

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August 27, 2018, 02:46:49 AM
 #13

~

the only thing i see in that chart is the fact that bitcoin price has been rising regardless of halving or anything else. in the long run the rise is strong and inevitable as the demand for bitcoin increases with more adoption.



and also the fact that each time halving causes a lot of unnecessary drama and volatility for a short time on a short scale. as it is seen on the charts as a quick big rise up in the price before the halving and then a drop/correction and no rise for a period of time after it.


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August 27, 2018, 03:19:35 AM
Last edit: August 27, 2018, 03:43:55 AM by btcluisdiki
 #14

I believe that in the next halving year in 2020, btc would be able to further rise wherein the market price could probably reached more than the $25 K USD level. Moreover, because of the increasing demand on btc those rising possibilities is not far to achieve and during that time, I believe the market might be much stable as compared to the current market.
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August 28, 2018, 07:58:56 AM
 #15

I think that Bitcoin in 2020 will grow very well as ETH, because they now have a chart suitable for big growth!
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August 28, 2018, 08:08:41 AM
 #16

It isn't long, its few steps away and I can also remember the first halving that I've witnessed and saw on how it made the price of bitcoin went up after few months. I would hope for this for the price increase not with any of those events that are being hoped by others until September.


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October 17, 2018, 04:41:42 PM
 #17

To get some good  of course we have to wait. I think 2020 will arrive a bit better before bitcoin arrives,
price can start growing again again.
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October 17, 2018, 07:02:15 PM
 #18

Up about 10x. Hmm then 100-200k range say $150k 😎
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October 17, 2018, 07:48:08 PM
 #19

to start a bull trend you need a good catholyzer. just so the market will not start moving. for now everyone hopes ETF approval will be the cathizer

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October 17, 2018, 08:38:41 PM
 #20

this logic is correct, just here you need to add the number of people who will lose access to bitcoin or put it on long-term storage
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