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Author Topic: How halving Bitcoin will affect the price of cryptocurrency?  (Read 258 times)
Mux@ (OP)
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May 22, 2019, 04:57:03 PM
 #1

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/
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May 22, 2019, 05:17:24 PM
 #2

Expectations were common with block halving. Till date on days close to the days as well after the days of halving there is good growth in the price. With the previous bull market the growth happened after the days of halving and the growth got carried forward. Whenever the production is cut down at the time of increasing demand surely the price pumping will happen.

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May 25, 2019, 10:44:27 AM
 #3

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/

We should expect price increase in 2020. Not just end of 2020.  It will be weaker then in 2016 and 2017. But still it will be there. It can actually be the last big move up because of halving. The future ones might be so weak we will not even notice them.
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May 25, 2019, 12:55:32 PM
 #4

I think we can have at that time a price increase and this can happen before halving, but the price will grow more in my opinion after halving when people will start buying and invest more on crypto.
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May 25, 2019, 02:02:23 PM
 #5

Just because bitcoin is halving doesn't mean the price will increase to a new high.  There are still a lot of people that bought in high that are waiting to dump so expect this next bull run to take a much longer time.
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May 25, 2019, 02:10:34 PM
 #6

Yes, BTC will grow again. Stronger than in 2017 or not, we will see. It would be nice to know how many altcoins will survive by that time and whether they will follow the bitcoin. The development of the industry directly depends on this.
A lone bitcoin, maybe ethereum, doesn’t look as good as a few hundred good coins with different characteristics.

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May 25, 2019, 03:51:28 PM
 #7

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/

yes, for sure i believe bitcoin halving even will make a huge demands on cryptocurrency especially for bitcoin mate
because i'm sure halving even will create more demands  Wink
regards
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May 25, 2019, 04:30:53 PM
 #8

Bitcoin is still being exploited. Imagine, if the figures show that 18 million bitcoins are circulating among the total supply of 21 million. Reducing the remaining 9 million bitcoin would be a storm of its value, accompanied by the acceleration effect on the general value of the crypto market. Instead, trust that we are in a period of rising and jumping prices for bitcoin. over time, this supply will be filled from investors and operators. The value of bitcoin will continue to increase. Roll Eyes


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May 25, 2019, 04:40:43 PM
 #9

If we see the past halving history of Bitcoin we can see that Bitcoin always start bull run after a halving. A halving means a date from where bitcoin will be discovered  50% less amount of btc from previous halving. So we can expect another bull run from around the next halving in 2020.


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May 25, 2019, 06:09:12 PM
 #10

It should increase as this is what has happened before. A lot will probably depend on the wider state of the market at that stage. If we're in a bear then it's difficult to see a huge price rise.
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May 25, 2019, 07:26:00 PM
 #11

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/

yes, for sure i believe bitcoin halving even will make a huge demands on cryptocurrency especially for bitcoin mate
because i'm sure halving even will create more demands  Wink
regards

I hear this a lot. Could anybody please explain why the halvening is creating demand?
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May 25, 2019, 09:11:56 PM
 #12

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Yes, expect that there will be a big bull run because of halving by 2020. It's one of the reason why demand will increase as people will start buying back because they know the positive effects of it.

Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
Triggered by 2016's halving? it has contribution but I believed 2017 bull run was triggered due to numerous ICOs.

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May 25, 2019, 09:18:27 PM
 #13

We must see big bull run and i think it will start before that and go over 20k as we have seen that affected very good on price before then i think it must happen again and even more as we have more users now.

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May 25, 2019, 09:29:16 PM
 #14

The question demands an explanation to why Halving causes bullish price movement. I understand there could be a level of accumulation towards the news that create an artificial hoarding but why the hoarding. It might look like manipulation but we need to why the period was adopted.   

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davis196
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May 26, 2019, 11:57:06 AM
 #15

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/

The bitcoin halving will have little impact over the btc world,because we are heading towards the 21 million global limit.There are plenty of btc in circulation and the reduced block reward won't have any influence over the market(other than the usual hype).

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May 26, 2019, 12:54:54 PM
 #16

Basing on its past performance? Obviously, we would have a massive rally right after bitcoin block halving. But it doesn't mean the the price will go on overnight. It might took 4-5 months and see how everything goes after the event.

But everyone is touted that this event will surely bring a lot of impact on the price. So it bitcoin made a explosive growth around 2020-2021, then altcoins will definitely follow the pattern.

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May 27, 2019, 04:03:22 PM
 #17

It is necessary to prepare for this event and it is not too late to create Bitcoin savings. So far, Bitcoin and Ethereum are moving up at about the same pace. We'll watch and wait. I wish everyone patience and good profit!
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May 27, 2019, 04:11:31 PM
 #18

its counting down now https://www.coingecko.com/en/explain/bitcoin_halving
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May 27, 2019, 04:24:22 PM
 #19

In your opinion, should we expect a repeat of the bull rally in the cryptocurrency market in the second half of 2020?
Is it possible that the growth of the cryptocurrency market at the end of 2017 was actually triggered by bitcoin halving?
https://www.cryptocompare.com/mining/guides/what-is-the-bitcoin-halving-and-what-will-it-do-to-the-bitcoin-price/

yes, for sure i believe bitcoin halving even will make a huge demands on cryptocurrency especially for bitcoin mate
because i'm sure halving even will create more demands  Wink
regards

I hear this a lot. Could anybody please explain why the halvening is creating demand?
When bitcoin gets halving and block reward gets decrease and this will give a huge impact to the profit or reward that gets by the miners. Remember about the theory of demand and supply
https://www.investopedia.com/university/economics/economics3.asp
Less coin will be distributed to the market caused by bitcoin will give a strict limitation to miners to dump it. This will give less impact to the price and that will create another pump consider bitcoin becomes a rare thing in the future.

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May 27, 2019, 05:54:43 PM
 #20

Yes, BTC will grow again. Stronger than in 2017 or not, we will see. It would be nice to know how many altcoins will survive by that time and whether they will follow the bitcoin. The development of the industry directly depends on this.
A lone bitcoin, maybe ethereum, doesn’t look as good as a few hundred good coins with different characteristics.
I think most coins that will still follow bitcoin to grow in price after the halving will be the coins that are in the top 50 in the coin market as I see that these are the coins that have real life working products in this industry. Other altcoins are just for short term investment and I don’t see them performing that much or grown in value other than the altcoins season.

The major coin that will still affect the cryptocurrency market greatly is still the bitcoin itself, because most investment focus will be on bitcoin then most especially those who would invest out of FOMO and may few of them will consider these few top coins.
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