Is the coming halving our last hope?

[greeklogos]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

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[aoluain]

so next year or 474 days from now the next Bitcoin block halving
will occur but its just a halving of the mining reward, there may be
a bit of a run prior to the event but this might be within 3 months
of it happening.

"Our Last hope" for what?
There is lots of hope for Bitcoin but its not hinged on one single event.
There are lots of positive stories and events happening NOW, they
may not be infleuencing the markets now but they are all positive.

There are so many people transfixed by the FIAT value of Bitcoin
they are missing the good stuff.

[kenzawak]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Don't wait for any big news or event to move the market up. You either believe in Bitcoin or you don't. If you do, just be patient.

[deisik]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?

The halving won't help us much

If we are to continue slowly sliding down, it won't mend matters, if only temporarily due to hype. The inflow of new coins is already not great (relative to the total number of coins circulating) and halving is unlikely to have a strong impact on prices. Many folks were telling that Bitcoin can't drop below 6k as it would make mining unprofitable. But we already crashed 2 times and probably will crash lower. In this way, halving can be our hope indeed and perhaps even should be as the only thing worse than false hope is false hopelessness, but don't expect too much

[harizen]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Technically, no effect much.

But as far as making speculations are concerns, yes it can create a hype that can lead into positive speculations. And that hype can trigger the gun. But since we are just speculating here, we all don't know if that can really create a positive hype or just another simple day that will passed.

No need for hope. Bitcoin price at the current rate is still way decent compare to less than $1,000 back then. Focus on accumulation so you won't be disappointed for expecting too much.

[tenakha]

Although not in the next half, it will come back in one of the next ones. Due to the last uncertainty of the price we can not give any idea. So if you have the money for risky investment and the time you can wait, you should try. When Bitcoin was first created, its price was under 1 cent and we were the one that brought it to 20k, and I believe we will do it again.

[omonuyak]

Op your English is not too bad and I think you really asked a good question.  Remember that in 2017 bitcoin went away too high and that is affecting the market currently.  I think halving may be the trigger for the next bull run.

[mersal]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

I have the 50% of confidence in my hope because I am expecting a lot from the past two years but the Crypto market will not give me the hand to get profits as I expected but there is a little hope will still there in my mind it will definitely came to the normal Run again.

[bitvalak]

Maybe the next halving will affect the price of bitcoin, but not much. Market conditions depend on the behavior of sellers and buyers. Halving makes traders more confident and that's what causes trend changes to be positive. Because currently there is massive negative news about bitcoin, therefore many traders are frightened to form a negative market pattern.

[Chinocshyp]

The coming halving wouldn't be our last hope. Although, after the next bull market (which could take btc to 120k+ and which is certainly after the next halving), the  market will see the longest crash ever (could take 5 years).

Blockchain markets follow the exact pattern the largest gainers in the stock markets today followed. Big companies like Amazon, Microsoft, Facebook etc follow the same market cycle.

Historically, halving does seem to have a lot of effects on price. If you look back at past market movements, all the bull run occurred after halving.

Even though the next halving isn'the our last hope. I'd suggest you don'the miss the next bull run, because after the next bull run, we will see a boring market for a very long time!

[Muzika]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

halving does not mean there is an assurance that the price will be okay soon and the long wait for the bull run will be over the market needs investors and not halving. More investors the price will be better and without it the market will remain at the bottom.

[wayancrypto]

In previous halving Bitcoin did not move significant, in my opinion Bitcoin ETF is one if the factor that will be trigger for bull market. When institutional investor jump in to crypto, so will be a trilliun dollar will enter to crypto market.  From my technical analysis the price of Bitcoin has potential to going to $6000 -$8000 in the middle of this year.

[deisik]

In previous halving Bitcoin did not move significant

That's clearly not so

In fact, it is far from being so. There was a lot of price action before the halving as prices started to rise since September 2015 (i.e. 9 months before the event itself) and soon afterwards. Bitcoin had been rising till mid-June 2016 (the halving occurred on July 10, if I'm not mistaken). Then there was a correction followed by the Bitfinex hack in early August of that year, and prices continued to rise again since the fall of 2016 and till the end of December 2017

[Kemarit]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

LOL, What do you mean last hope? There's a lot of interesting things that can happen prior to bitcoin block halving that can help the market get out of this bearish trend. Remember that we didn't feel the effect of the 2016 block halving after four months or so. It could be one trigger, but I wouldn't put too much emphasize on it because there's still lots of positive news that can turn around this market. Beside its what? more than 1 year from now. Bull run will come eventually, just like you and me, patience is the key here, just let how to go with the flow and I'm sure you will not be worry whether we are in a bearish market or not.

[Taki]

Interesting opinions guys. I am also became skeptical about all of those "moon" prognoses that we all heard last year about the price of bitcoin, unfortunately, all of them turned to fud and binged me to unworthy investments. Well, I also thought that coming halving can turn the bull market, but seriously, it is too long till that and some another event can raise the price, like legalization and mass introduction of crypto trading in China. In the end - as someone already said chances are 50/50.

[deisik]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

LOL, What do you mean last hope? There's a lot of interesting things that can happen prior to bitcoin block halving that can help the market get out of this bearish trend. Remember that we didn't feel the effect of the 2016 block halving after four months or so. It could be one trigger, but I wouldn't put too much emphasize on it because there's still lots of positive news that can turn around this market

The price started to rise before the halving

Though I agree that it was mostly hype back then, while the real rise started only after a couple of months past the actual event (if that is your point). Also, I agree that may interesting things can happen prior to reward halving. However, it can also be said that many not so interesting things can happen as well up to a point of being absolutely anticlimactic (say, Bakkt turning into a complete disaster). So it is a moot point and not an argument at all

[Pursuer]

there is no reason for the price to rise up just because of block reward halving! so no there is no "hope" for that event to save you from anything. bitcoin doesn't need saving anyways, it is a decentralized payment system that is working more than fine every day of the week and for the whole world. and because of that it will continue rising up in price not because of some arbitrary event such as block halving which is mostly a hyped up event and partly related to supply distribution and eventually price.

[Shiversnow]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Maybe the next halving of bitcoin might be the key to have another bull run but do you think it will be the real key? I still have a big hope in bitcoin and I will never give up on believing bitcoin. To all people who have bitcoin just be patient and keep on believing and hoping for the uprising price of bitcoin.

[milewilda]

What last hope are you talking about? So after the bull run you want to quit already?

Anyway, the market is slowly going down each week and if there is no bull run this year, what do we expect to happen if each week is taking $100 per decline. Imagine it is taking a hundred dollars every week or two? But i don't think it will continue to decline for whole year, i still believe that it has a stable price for a month to sustain the stability.

[rose9696]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

I think the potential altcoins will know how to make its value rise in a bad market like now. The most important thing is the investor community. If everyone believes in an altcoin, it will be a sign of rapid rise. If an altcoin does not constantly interact with investors holding multiple coins, they do not create a relationship and I think it will be difficult to raise prices.
so we should consider the investor community of altcoins for evaluation.