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Author Topic: Bitcoin 2020 Halving  (Read 808 times)
EriksonPartners (OP)
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March 05, 2019, 11:36:40 AM
 #1

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?
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March 05, 2019, 12:03:08 PM
 #2

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

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March 05, 2019, 12:19:21 PM
 #3

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
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.
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March 05, 2019, 12:20:13 PM
 #4

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
Good explanation aside from that when that time comes next will be the time that all crypto believer awaits for because all of the coins will increase its price not only bitcoin.

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March 05, 2019, 12:39:57 PM
 #5

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?
Actually, it will totally affect it's price and maybe in the before the next halving the demand of bitcoin will might increase so the price will increase as well. All of us are waiting for the halving because it can be the key to spike the price of bitcoin so we just need to wait until 2020.
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March 05, 2019, 12:41:45 PM
 #6

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
Good explanation aside from that when that time comes next will be the time that all crypto believer awaits for because all of the coins will increase its price not only bitcoin.
The price will rise because of people logical expectations, 2020 is so close this year is time to buy bitcoin. But usually the price will rise before halving happen and people start to sell it again a few days before halving, we should keep an eye on the price chart a week before halving.

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March 05, 2019, 12:49:55 PM
 #7

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
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.
economics and business indeed lead to supply and demand so that forming a good price, regarding most of the exchange must have its own strategy to deal with the general supply that you say and miners will always be there in every transaction carried out by exchange or personal

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March 05, 2019, 12:50:41 PM
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March 05, 2019, 01:10:02 PM
 #9

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.
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March 05, 2019, 01:28:18 PM
 #10

That is why in all prediction forecast sites 2020 has the most price increase and I really think the analysis has come up with predicting the price when Halving occur, We can see that many are coming back in bitcoin and because of this event I think some Altcoins will increase or decrease and I think 2020 will be the recovery of bitcoin and all cryptocurrency and can be a way to open up a bull run movement again.
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March 05, 2019, 01:46:07 PM
 #11

the effect of halving has always been 2 types which actually happen in two different time frames.

1. the hyped up effect.
this effect is short term and has been big in the past two times  and it occurs before the halving, usually in less than a month to the actual date. and price starts a big rally by then and since this is a hyped up event we will see a mini bubble which bursts and goes away.

2. the actual effects of having less new coins be created
this is the long term effect which starts after the halving, usually a month after the reward was cut in half. and this is the real deal and is much bigger than the previous one and since there is no hype involved anymore the rise is going to be sustainable.

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March 05, 2019, 02:01:36 PM
Merited by The Sceptical Chymist (2), xandry (1), LoyceV (1), betty11 (1)
 #12

I expect people to be selfish with their bitcoin when halving is set to take place, this will naturally lead to jealous hoarding of the precious digital gold from the current 12.5BTC per block reward to 6.25btc block reward. Although, we still need some good inflow of liquid (money) to the general coinmarket to see a significant bull run. For the guys that have been shouting "death to bitcoin", I just hope they won't take a gun and injure themselves for missing a golden opportunity!
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March 05, 2019, 02:02:21 PM
 #13

As far as the last halving is concern, it took months before we can finally see a dramatic turn on the price. So if history repeats itself, we need to wait for at least 4-5 months to see the positive effect on the event. And if everyone is anticipating a sudden bull-run because of the halving, you maybe disappointed. The bull-run if even should happen after the halving, is not going to happen overnight so just remember that.

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March 05, 2019, 02:23:37 PM
 #14

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 same way it affected it in 2017. There will too much interest chasing the few btc. We all know that price reacts upwards whenever demand surpasses supply. It will be nice to experience such scenario once again as it will enable the Altcoins gain momentum too.

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March 05, 2019, 03:11:39 PM
 #15

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
Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop.
Nice point, that 2020 halving will not affect the price greatly but surely it will affect in huge manner if and only if the current supply of bitcoin is near full or fully accommodated. It's total supply will going to rise and the price will depend on the investor and users.
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March 05, 2019, 03:36:00 PM
 #16

..when the time comes of Bitcoin halving,there is a great impact in the price of Bitcoin..maybe the price of it will become double in the year 2020..no one can tell what will be the future of Bitcoin..whay we need to do is to predict what will going to happen on it..the deman on Bitcoin depends upon on the user of it,how they mostly wanted to have Bitcoin..as we all know there is a effect of price when the demand is many but there is a low supply on it..

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March 05, 2019, 03:42:34 PM
 #17

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
Good explanation aside from that when that time comes next will be the time that all crypto believer awaits for because all of the coins will increase its price not only bitcoin.
The price will rise because of people logical expectations, 2020 is so close this year is time to buy bitcoin. But usually the price will rise before halving happen and people start to sell it again a few days before halving, we should keep an eye on the price chart a week before halving.

According to the last Bitcoin halving, it took some few days after the halving before the price jumped up. Although the price was at initial time increase but the full increase was after the week of the halving, so, we may see a different scenario from what history spoke about the last Bitcoin halving.

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March 05, 2019, 04:01:55 PM
 #18

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
In addition to what you said. There is an association between bitcoin halving and bitcoin market but the method of bitcoin halving is to keep bitcoin scarce. However, this was the protocol led by Satoshi and it among those things that will usually re-occurrence in bitcoin sphere just like the market correction will whenever new ATH is achieved.

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teilwalL05
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March 05, 2019, 04:10:15 PM
 #19

We should all consider that Halving had two face and it can be good or it can be bad for bitcoin but so far I have only seen good ones and never experience something bad happened so far, And the halving did produce another coin that will turn out to be dead weight or will have a potential to truly bloom, I only seen that two possible scenario that may happen to a halving, And many forecast sites have depicted that the price of bitcoin will rise up to 5 digit this time and a bull run may emerge.
joshv06
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March 05, 2019, 04:26:31 PM
 #20

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.

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