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Author Topic: Bitcoin 2020 Halving  (Read 885 times)
jseverson
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March 06, 2019, 05:26:18 AM
 #41

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower

that depends weather the world will still care as much about bitcoin as before, you are doing an assumption of constant significance.

Well to be fair, the topic at hand is really all about assumptions. We only really know of one variable, which is supply, and we have to provide the rest. We know that the demand won't remain completely constant, but it's easier to assume that it will especially if it's just for some random thought exercise.

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March 06, 2019, 05:44:35 AM
 #42

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower

85% of Bitcoins are already mined. It means that very few amount of Bitcoins are yet to be mined. So miners will earn less and it surely affects Bitcoin price because supply will not increase, demand will increase for Bitcoin purchase. So market price of Bitcoin will hit to the upward trend.
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March 06, 2019, 06:07:42 AM
 #43

Rewards for mining bitcoin will be reduced and law of supply and demand will take place ,its that simple so the market price will hit up for sure and not just in 2020 only but in the future too,this is why I personally think cryptocurrency is better and safer than the dot.com era
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March 06, 2019, 06:55:48 AM
 #44

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

2020 halving should contribute to a higher price, as rewards from mining will be reduced.

This means less Bitcoin will be produced in the future, and if adoption rate will increase,  we'll have a higher demand and lower supply.

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March 06, 2019, 07:46:55 AM
 #45

BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $4 million by the end of 2020.

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March 06, 2019, 08:25:33 AM
 #46

BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $4 million by the end of 2020.
Then I will be a milionare then, I have 0,5btc now
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March 06, 2019, 08:35:18 AM
 #47

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Yes i think bitcoin halving block in 2020 will affect in the its price, because on the bitcoin halving block the supply of bitcoin is reduced by system,we know that bitcoin is so popular around the world it will make increase the demand for the bitcoin. And the other reason remember history will reapet its selfe, we can see the last of bitcoin halving block, it was made the price of bitcoin increased. So the next bitcoin halving block will make the price of bitcoin to be more expensive.
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March 06, 2019, 10:31:18 AM
 #48

BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $4 million by the end of 2020.
Then I will be a milionare then, I have 0,5btc now

Yes, you will be a millionaire someday. It's better to collect more bitcoin from now on before the price increase higher. You have a big chance to make a lot of money if you have much bitcoin and when that time arrives, you can sell your bitcoin to convert into fiat, and I am sure that you will be the richest person in your family.

We don't know if when bitcoin halving in 2020 will push the price to go up but the possibility to see the highest price will be wide open and when we can save a lot of bitcoin, you can imagine how much money you can make when the bitcoin price can increase more than $20k in 2020.

Many people still collecting more and more bitcoin from trading and I guess that they are trying hard to get profit in bitcoin and usdt and then they can buy bitcoin when it's down.

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March 06, 2019, 10:56:58 AM
 #49

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

2020 halving should contribute to a higher price, as rewards from mining will be reduced.

This means less Bitcoin will be produced in the future, and if adoption rate will increase,  we'll have a higher demand and lower supply.
This is what we expect from bitcoin in 2020, but I think it will still depend on how the investors react on this and if there is more regulations with bitcoin and other coins. I’m saving every week with bitcoin, just in case there’s a big bull run. Speculations are well come, but only time can tell so let’s wait for it and while waiting don’t forget to invest.
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March 06, 2019, 11:48:07 AM
Last edit: March 06, 2019, 12:13:08 PM by ralle14
 #50

85% of Bitcoins are already mined. It means that very few amount of Bitcoins are yet to be mined. So miners will earn less and it surely affects Bitcoin price because supply will not increase, demand will increase for Bitcoin purchase. So market price of Bitcoin will hit to the upward trend.
You don't have to explain it again, bitmover's reply is already understandable.

This is what we expect from bitcoin in 2020, but I think it will still depend on how the investors react on this and if there is more regulations with bitcoin and other coins.
If most of us have been observing the price of Bitcoin we should have an idea when will the investors pull the trigger. It could be in 2020 but on the last two halving we've seen how long it took for the price to increase.

Yes, you will be a millionaire someday. It's better to collect more bitcoin from now on before the price increase higher. You have a big chance to make a lot of money if you have much bitcoin and when that time arrives, you can sell your bitcoin to convert into fiat, and I am sure that you will be the richest person in your family.
There's no need to give him an advice what if he can't afford to buy more than what he has now?

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March 06, 2019, 02:40:13 PM
 #51

85% of Bitcoins are already mined. It means that very few amount of Bitcoins are yet to be mined. So miners will earn less and it surely affects Bitcoin price because supply will not increase, demand will increase for Bitcoin purchase. So market price of Bitcoin will hit to the upward trend.
You don't have to explain it again, bitmover's reply is already understandable.

This is what we expect from bitcoin in 2020, but I think it will still depend on how the investors react on this and if there is more regulations with bitcoin and other coins.
If most of us have been observing the price of Bitcoin we should have an idea when will the investors pull the trigger. It could be in 2020 but on the last two halving we've seen how long it took for the price to increase.

Price chart and price history speaks. Halving always bring the cryptocurrency market on hype not only just for bitcoin because the rest alternative coin depends on value of bitcoin also. The last two halving we had vastly caught investors to proceed with crypto investment and no doubt there will be more on year of 2020.

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March 06, 2019, 02:45:24 PM
 #52

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
In the year 2020 will be have another halving for bitcoin which can triggered to increase the price on market. Right now the price of bitcoin are in down situation so we need to be patient and I think we must sell our bitcoin after bitcoin halving that will happen in the year 2020.

Yes it might happen, the market is experiencing a very tough situation right now and most probably the halving for bitcoin can be by next year where we can expect a pump. So its good to hodl our asset now and wait patiently till the market turns green and we can expect a good profit if this happens.
If tracing back history, halving got a good impressions for investors and traders, it's been expected to have a good rise each time this things comes up,
most traders believes that it's also the perfect timing for whales to pumped the market and begin to really workout and bring huge money inside this
industry, learned from the past and enjoy saving your coins till 2020.

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March 06, 2019, 02:51:05 PM
 #53

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

The price will, in the next few months start to climb slowly until the halving. A few months after the halving we’ll have an epic bull run which has happened shortly after every halving we’ve had so far.

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March 06, 2019, 02:57:08 PM
 #54

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

You should be knowing that in this 85% only some 20 or 30% is in circulation and balance are locked by investors for long term and most of them have lost their private keys when the price was very low in the starting time. So this is why market is moving with less bitcoin available and 2020 halving make miner reward half so after halving they will receive only half quantity btc which will force the price to move up due to demand in supply.
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March 06, 2019, 03:03:01 PM
 #55

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Bitcoin production will halve again, so logically the price might go up, as it has done after every halving before.



In the previous halving the new shiny S9 would do 12TH/s, Currently the S15 can do 28T, but as Bitmain anounced a "28% more efficient chip", we should be thinking 35TH, that is unless MicroBT delivers a master piece again... They are already delivering 33T~55T (M10~M10S) with 16nm chips, what could they do with 7nm chips?

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March 06, 2019, 03:22:13 PM
 #56

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Obviously 2020 bitcoin halving will affect the price of btc. Yes already 85% of btc already mined and 15% rest. After halving miners will get lower amount of btc than now. So price will be increase after halving I think. And since 2018 was  bearish and 2019 is running also like 2018. So if bitcoin will not bullish  in this 2019 then surely I think 2020 will be the bullish  markets. Thanks 

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March 06, 2019, 03:25:55 PM
 #57

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Depending on the market's need to own Bitcoin. If demand in 2020 increases, Bitcoin price will increase greatly because of reduced supply. This will happen oppositely if the demand for owning Bitcoin decreases.

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March 06, 2019, 04:00:29 PM
 #58

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

In my opinion, Bitcoin price will sky rocket after the halving because there is only limited supplies while the demand is increasing specially now that cryptocurrency is becoming a trend worldwide. You will surely regret it if you don't have Bitcoin right now while the price is still cheaper.
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March 06, 2019, 05:58:27 PM
 #59

It depends on what's the price of BTC and the state of the crypto market at the time. Maybe it'll create a Moon. Or maybe nothing significant happens...
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March 06, 2019, 06:24:27 PM
 #60

I think it will affect the scarcity of bitcoin and because of scarcity it will make the price of bitcoin grow even higher.

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