WILL CRYPTO BOOM AGAIN?

[Nea Sandu]

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.

According to history, halving events didn't push the price up. On the contrary, in 2012 the price drop after halving and in 2016 we all are familiar with Bifinex drama which was after halving.
IMHO I don't believe it will push it in May 2020.

[BitcoinTurk]

Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?

Yes, I think that the crypto currency market will have a rebound period in general and that all crypto currencies (survivors until then) will rise.  This time, however, this rise will be calmer and will not happen as soon as in the past 2017 bull.  Although these types of trains usually leave only once, there is a possibility of repetition but very low.  For this reason, I think that the crypto coins will explode upwards with a calmer but rather effective bull period, not a bullish period where there will be very stiff increases.

[hahay]

I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.

If this is a growth phase why won't there be another big growth like 2017. So maybe this is just the growth of every project with adoption or whatever and has no impact on higher pumped prices, but when this continues at least it will create a future which is darker, because so far it may only be a downward phase that continues or maybe a phase where the strengthening of prices to become more stable which seems difficult to happen.

[romero121]

I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.

If this is a growth phase why won't there be another big growth like 2017. So maybe this is just the growth of every project with adoption or whatever and has no impact on higher pumped prices, but when this continues at least it will create a future which is darker, because so far it may only be a downward phase that continues or maybe a phase where the strengthening of prices to become more stable which seems difficult to happen.

We can't confirm this to be a growth phase. What's been stated is a prediction about the market relative to the prevailing scenario. There is more to happen, but we should not expect things to take place as the past. During the year 2017 the price grew high, and that happened in a short without any indications. Even now such a kind of growth or market boom can happen, but when we keep expecting if something happens negative it'll affect us big. Better plan is to make decisions according to the prevailing market.

[drachman]

I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.

You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.

however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.

I do not know 2020 seems to me like one of those years that will be full of fears, frustrations and hopes and at the end not much will happen, the bulls are trying once again to make the price to go up but most likely they will fail but the bears do not have the strength to make the market to go down and I think that what we are seeing at the end of this year is going to be something similar to what it will happen during 2020, in my opinion if what you are looking is a performance similar to what we saw in 2017 then 2021 should be the most likely candidate.

[Btc_1856]

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.

According to history, halving events didn't push the price up. On the contrary, in 2012 the price drop after halving and in 2016 we all are familiar with Bifinex drama which was after halving.
IMHO I don't believe it will push it in May 2020.

After halving it is taking more than 2 months in order to increase the price of Bitcoin price. But after halving we have seen a complete downfall in the market, and the chance of decreasing the price of Bitcoin is really high, so it is very good for the investors to grab the Bitcoin after halving.

[FLoving]

Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

You have not studied the details of halving completely as the story of halving not ends up with cutting the reward into two but it also mean that the supply to the market will be reduced to half and the demand of bitcoin will be the same as it is so due to the reduced supply the price will increase much faster and seeing this a lot of other investors will come to invest in bitcoin which is a double benefit of halving to bitcoin.

[iram3130]

I guess you mean altcoins..? Bitcoin will boom no matter what because it is Bitcoin but altcoins are very hard to boom mainly because there are very less coins which have a purpose and less cons than pros.

[Karmakid]

I guess you mean altcoins..? Bitcoin will boom no matter what because it is Bitcoin but altcoins are very hard to boom mainly because there are very less coins which have a purpose and less cons than pros.

It is clear that he is pointing about the overall market which is the cryptocurrency. In my opinion, whether it is bitcoin or altcoin, they will both boom again. Dumps and bear market is normal for a market because that is how they flush all the weak hands in order to start a new cycle and create profits. It is about having patience in investing and trading to make sure that the big players will not fool you with these types of cycles.

[wozzek23]

In fact, 2017 a lot of investors became millionaires in just a few months so I sure in 2020 the uptrend will return again and you should choose this time to hold some coins.

No one can ensure that it will happen, let's just remain optimistic that finally after 2 years of being patiently waiting, the real bull run will come.
At that time, again, there is no assurance that our altcoins that we are holding now will grow and recover because there is a significant increase of altcoins int the market already and yet they can't beat the dominance of bitcoin, so let's see what would happen that time.

While none can ensure that the price will bloom or boom again but everyone knows what happens when you sell your bitcoins for cheap amount.

You forgot? I will remind you - https://bitcointalk.org/index.php?topic=137.0

That's the legendary thread we have because someone traded chunks of bitcoins for the taste buds and it does not feel good for anyone trust me when they will look back. There were investors who purchased at $5-10 per BTC and cashed happily at $100 but will they be happy today?

In simple words, just hold what you can and sell what you need to manage your wallets and needs.

[ubercool]

If you have studied and understood the blockchain then you'll obviously say a big "YES" to this question. There is nothing which can block the growth of it, governments are trying to implement it as well as people are making development on creating great projects.

[joshy23]

If you have studied and understood the blockchain then you'll obviously say a big "YES" to this question. There is nothing which can block the growth of it, governments are trying to implement it as well as people are making development on creating great projects.

The chance of continuing the growth and full implementations of crypto system will be there as we seen lots of businesses are showing their interest with blockchain technology and from that point the chance that they will also be exposed with crypto system is very possible to happen, there's no question that the track will be continuously and will gain more prosper.

[tracey77]

I guess you mean altcoins..? Bitcoin will boom no matter what because it is Bitcoin but altcoins are very hard to boom mainly because there are very less coins which have a purpose and less cons than pros.

If BTC price will rise during the following days/weeks after the halvening - altcoins will follow. I don't believe that BTC will moon for example to 100k$ right after the halvening, but the price must rise and it will. Many altcoins are very dependent on the BTC price, even those smaller ones, even shitcoins.

[SirLancelot]

If youtube videos are to go by, one would assume that bitcoin might reach even 50k by 2020 but then the reality since we are part of the forum we all know that the growth would not be exponential but incremental. And even if the price goes 50k for some reason then its almost guaranteed to come down to an average number soon.

That same thing happened when bitcoin peaked at 20k people never knew what was the exact reason for such a exponential growth and later it proved that it was just a bubble but yeah every time such abnormal growth happens, there is always a higher average than before for the rest of the year.

[Linkkoin]

That same thing happened when bitcoin peaked at 20k people never knew what was the exact reason for such a exponential growth and later it proved that it was just a bubble but yeah every time such abnormal growth happens, there is always a higher average than before for the rest of the year.

with BTC peak it was a mass hype fueled by literally everyone - even taxi drivers and celebrities in tv shows were speaking how great Bitcoin is, so then people with no knowledge got blind by greed and bought it on this price level just to sell it in panic within next year. These people are probably lost to cryptocurrencies but had given us a clear proof about 100% effective BTC long term investing strategy:

1) You see the hype - you sell/do not buy. Example - 2017 peak, or this year $14000 brief touch
2) You see the panic (and hear "Bitcoin is dead") and price is very low, you buy it and wait. Example - buying it in December 2018 when cryptodoomers were speaking about the death of cryptocurrencies and crypto nuclear winter 

[ice098]

The chances that crypto will boom again is 50/50, the upcoming halving will not guarantee that the price will go up there are also positive and negative impressions about the upcoming events. The right catalyst for the market may appear out of nowhere but no one knows when.

Agree, cryptomarket now is very unstable. We cannot predict what will happen next time, all we can do is to hope that market will go green and go to bull again. Halving cannot guarantee the pump of altcoins maybe yes in bitcoin but not in altcoin. Let us just hope the lesser FUD will happen by next 2020.

[daarul50]

That same thing happened when bitcoin peaked at 20k people never knew what was the exact reason for such a exponential growth and later it proved that it was just a bubble but yeah every time such abnormal growth happens, there is always a higher average than before for the rest of the year.

with BTC peak it was a mass hype fueled by literally everyone - even taxi drivers and celebrities in tv shows were speaking how great Bitcoin is, so then people with no knowledge got blind by greed and bought it on this price level just to sell it in panic within next year. These people are probably lost to cryptocurrencies but had given us a clear proof about 100% effective BTC long term investing strategy:

1) You see the hype - you sell/do not buy. Example - 2017 peak, or this year $14000 brief touch
2) You see the panic (and hear "Bitcoin is dead") and price is very low, you buy it and wait. Example - buying it in December 2018 when cryptodoomers were speaking about the death of cryptocurrencies and crypto nuclear winter 

exactly , things become more makes no sense when it comes to crypto invesment , it seems everybody thesedays have the same vision get involved in crypto , yes they all want to make money quickly , no proccess in it , just put the money for a couple weeks or months and then see the value exploded 2 times , 5 times 20 times even 100 times, they are all go full delusional.

i want to see the ATH , you want to see the ATH , everybody does.

but guess what? none of them taking any action. the market should go up if everybody does really put their money in crypto at the same time span. but as you can see, nothing significant changes , the market even more get drop in the last few days, why? the only one who making actions , making moves are those big whales.

[makolz26]

The chances that crypto will boom again is 50/50, the upcoming halving will not guarantee that the price will go up there are also positive and negative impressions about the upcoming events. The right catalyst for the market may appear out of nowhere but no one knows when.

Agree, cryptomarket now is very unstable. We cannot predict what will happen next time, all we can do is to hope that market will go green and go to bull again. Halving cannot guarantee the pump of altcoins maybe yes in bitcoin but not in altcoin. Let us just hope the lesser FUD will happen by next 2020.

Bitcoin or crypto is just like our life, sometimes you are happy, sometimes you are sad, but one thing is for sure that 'after the rain, there is always a rainbow' , although for the past years, we may not achieved what we are expecting but still we earned in different ways, we learned through our experience, and we manage to hold our fund wisely and let's not worry that for sure crypto will once again, will boom again.

[drachman]

If youtube videos are to go by, one would assume that bitcoin might reach even 50k by 2020 but then the reality since we are part of the forum we all know that the growth would not be exponential but incremental. And even if the price goes 50k for some reason then its almost guaranteed to come down to an average number soon.

That same thing happened when bitcoin peaked at 20k people never knew what was the exact reason for such a exponential growth and later it proved that it was just a bubble but yeah every time such abnormal growth happens, there is always a higher average than before for the rest of the year.

A YouTube video should never be the basis for any prediction about the price of bitcoin we know that those kind of channels are not really trying to predict the price of bitcoin what they are trying to do is to bring subscribers to their channel and the only way to do that is to give the highest and the most outrageous predictions about the market, so they are going to try to paint a very positive outlook for the future of bitcoin and while people like us do not have to be convinced about that we know that they are exaggerating their predictions.

[DevilSlayer]

If youtube videos are to go by, one would assume that bitcoin might reach even 50k by 2020 but then the reality since we are part of the forum we all know that the growth would not be exponential but incremental. And even if the price goes 50k for some reason then its almost guaranteed to come down to an average number soon.

That same thing happened when bitcoin peaked at 20k people never knew what was the exact reason for such a exponential growth and later it proved that it was just a bubble but yeah every time such abnormal growth happens, there is always a higher average than before for the rest of the year.

A YouTube video should never be the basis for any prediction about the price of bitcoin we know that those kind of channels are not really trying to predict the price of bitcoin what they are trying to do is to bring subscribers to their channel and the only way to do that is to give the highest and the most outrageous predictions about the market, so they are going to try to paint a very positive outlook for the future of bitcoin and while people like us do not have to be convinced about that we know that they are exaggerating their predictions.

It is just their prediction and it has only low possibility that it will happen. I'm a type of person who rely on my own understanding than to other people ideas and opinions. I do not believe to their prediction because that what I learn from my mentor. I doing my own analysis in a coin and I only relying on what I know. There are a lot of misleading information in youtube so be careful on who you follow for you to not gain wrong knowledge.