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Author Topic: Forget Bitcoin Halving!  (Read 757 times)
kooboat
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November 02, 2019, 11:44:46 PM
 #41

The real fact on the ground is that bitcoin would continue to fluctuate despite the many speculations. Beyond 2020 and the successful implementation of Libra as a cryptocurrency that is  attached to a popular brand as good as Facebook inc, bitcoin and all other cryptocurrencies would be affected by price volatility.

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November 02, 2019, 11:59:09 PM
 #42

The real fact on the ground is that bitcoin would continue to fluctuate despite the many speculations. Beyond 2020 and the successful implementation of Libra as a cryptocurrency that is  attached to a popular brand as good as Facebook inc, bitcoin and all other cryptocurrencies would be affected by price volatility.
You're right and even if there is a Bitcoin halving, the fact that volatility still existed on it. The price will always change from time to time this is beyond from the rest of stablecoin, Bitcoin is somehow unique compared to other cryptocurrency. People will never forget that there is a Bitcoin halving once you are in the market you will know why.

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November 03, 2019, 07:51:10 AM
 #43

I think all bitcoin holders will not forget halving day bitcoin in 2020. all crypto investors will be waiting for this. and for the news of accepting bitcoin as a coffee payment tool at Starbucks I think this is a good news for bitcoin. and this shows bitcoin is headed for mass adoption. lastly if we compare gold with bitcoin. of course it's better than gold. bitcoin has a value that is much higher than gold.

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November 03, 2019, 07:59:20 AM
 #44

There are so many good news to come and all of them can affect the price movement of bitcoin and halving is one of those good updates with bitcoin. We have to consider every updates as a new challenge to us because we can’t know if the price will go up or not, Starbucks is a big company it will be good if this will happen around the world.
We need to consider that in every updates and every positive news it reflects with bitcoin value, fluctuations and volatilities still present and it
will continue to bounce. It's positive to any form when halving take place and it will bring the value to a good amount.
Halving makes things upwards whatever it takes it's still positive in anyhow. Take the situation positively and it will bring nice benefits.

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November 03, 2019, 09:00:38 AM
 #45

You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

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November 03, 2019, 10:24:11 AM
 #46

When you have a good platform for the daily purpose then you can count it as an essential part of your life, So the adoption of Bitcoin should be more accessible and available to the mass people, not only that but also Bitcoin should be used for the payment system in various shopping purpose, but the main thing is that Bitcoin price should be stable so that people don't need it to hold for the future purpose, people only like bitcoin if they will get many opportunities to use Bitcoin for their daily life, then Bitcoin helving doesn't bring an especial impact on this platform, I know Bitcoin has a real power to bring improvement to any community within a short time. but it needs some treatment.

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November 03, 2019, 10:36:48 AM
 #47

You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

i didnt know that facts but thanks for the info   . i didnt know that halving is too good as it can up the price but i dont think that halving do that alone . people that buys btc do also contribute alot  and they buy more btc in advance just before the halving begins because they think the can earn more .  starbucks accepting btc is also a good news but why the price drop ? it should increase right  ?  same as those other events that happen recently  .
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November 03, 2019, 10:58:20 AM
 #48

You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

Yes, he is and we are learning something from here that is benefiting everyone of us!

Apart from what the OP mentioned, that Bitcoin Halving is one of the most awaited moment too, it is true not Starbucks is a good journey for everyone too, as the real value of Bitcoin will be appreciated and can widely used in every nation, Starbucks will for sure have a great impact, this is the starting for every commerce/business to accept it as one of mode of payment.
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November 03, 2019, 10:59:24 AM
 #49

You are giving good efforts to create a thread, I really appreciate that. But I don't think that anything can be better than a Bitcoin halving! If you look at past, you will know that after every Bitcoin halving, Bitcoin price hit a new all time high! Even 2017 the golden year was because of Bitcoin halving! Starbucks implement is a very good news for sure, but don't ever forget the next Bitcoin halving date!

I doubt that this halving will have a large effect on the price unfortunately. Inflation is currently already small enough that it doesn't have such a big impact on price IMO. So making the inflation even smaller will not have that big of an effect. With every halving the next one becomes less and less impactful.
I would love to be wrong though  Grin
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November 03, 2019, 11:02:59 AM
 #50

The real fact on the ground is that bitcoin would continue to fluctuate despite the many speculations. Beyond 2020 and the successful implementation of Libra as a cryptocurrency that is  attached to a popular brand as good as Facebook inc, bitcoin and all other cryptocurrencies would be affected by price volatility.
Bitcoin and the whole cryptocurrency scene are already being posted and ads containing info and coins are already spread in facebook way before Libra is made and published. So I don't think that the Launch and successful implementation of Libra will really affect bitcoin despite how big the company behind it because facebook is already promoting crypto/bitcoin a long time ago.

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November 03, 2019, 11:14:58 AM
 #51

bitcoin adoption is growing and that is the only reason why its price have ever increased and will continue to increase. in other words you should never even think about halving because halving has nothing to do with adoption (aka demand) but only influences the supply.
things such as adoption of bitcoin by a big chain like Starbucks is a good indication of adoption and that is also helping it in the future (the growth of it) which is why it is important for the price rise.
In my opinion without an halving, the price would be more stable and this would help adoption, i don't want to speculate on what will happen to the price, but personally I think any large price movement in either direction is bad for the long term stability of bitcoin as a currency, so halving seem to me like a bad thing here. also, all I see it causing is, for mining to become even more concentrated in China where electricity is dirty and cheap.

However on the other hand, the halving as a positive effect point breaks through walls, just like the price has been doing now, destroying the price stasis of the last few years, drawing attention worldwide, becoming a time of celebration and etc. If the price of bitcoin does not increase dramatically long-term, then bitcoin is well and truly dead. $250 billion market cap is literally nothing in currency terms.
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November 03, 2019, 12:42:28 PM
 #52

Starbucks accepting bitcoin will not bring much price changes like the bitcoin halving so we no need to compare this now.This might be a good news for the crypto enthusiast who is looking forward for the bitcoin to be adopted as crypto currency everywhere so this is just the beginning but still regulations from the government will be a barrier on some countries so buy a coffee in starbucks if you got a chance or just enjoy holding.









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November 03, 2019, 12:52:27 PM
 #53


bitcoin will unite the world and make it as one



This might be too pro bitcoin post again. But I know I am doing my best to help bitcoin and crypto in my way.
should you have any opinions about it, post it below.
That's really inspiring.It seems to me that I do not care how much bitcoin costs and will cost, the most important thing is that with its help the whole world will finally become one!

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November 03, 2019, 01:47:07 PM
 #54

The news regarding Starbucks is quite huge and its possible impact could be significant to the market. It's one of the most popular premium coffee bars and has a great market of variety of people from the upper to middle class. And having poster on the counter that Bitcoin is accepted would be a lot of publicity to cryptocurrency, in a large number of countries. However, this will still be far from today since it will surely undergo tests and experimental launch before full implementation.



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November 03, 2019, 01:52:29 PM
 #55

I still go for Bitcoin halving although what you've posted can help the price to surge, we have a history to preserve here and that is price increase every time there's a Bitcoin halving, every good news that's coming can be considered part of the push that will take Bitcoin price to another all-time high, I hope many more good news like this coming, before we the actual day of Bitcoin halving, only those unbeliever will put their money out of the market at the current situation.

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November 03, 2019, 02:19:09 PM
 #56

When my Wife before used ot talk to her family about Bitcoin they used to look at her like she were an alien from outer space. Now though she is getting phone calls from her Nieces that they want her to teach them everything about Bitcoin and they want to get cracking in this niche market and start collecting Bitcoin and learning how they can store it and how to open wallets. Mass adoption is coming and I also believe the halving event will not be the major event only to give Bitcoin a boost in the eyar 2020 or beyond.


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yoseph
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November 03, 2019, 02:26:21 PM
 #57

Bitcoin halving is definitely going to have a positive impact on the value of Bitcoins because of one thing and that is scarcity. It's been proven everywhere that when something becomes limited and very hard to get,  it's value rises exponentially and that's what going to happen to bitcoin when the halving comes around 2020. I would start saving my coins just for the upcoming halving.
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November 03, 2019, 02:26:34 PM
 #58

The news regarding Starbucks is quite huge and its possible impact could be significant to the market.
There is no point in exaggerating this event. It's not going to change anything because nobody is interested in spending their coins.... this is nothing more than an effective way to generate cheap and easy exposure.

I have yet to see an instance of merchant adoption translating into price appreciation.... even more precise, merchant adoption actually hurts the price as coins are being sold to accumulate fiat to pay merchants.

The far majority of the merchants accepting Bitcoin through a payment processor don't care about Bitcoin at all, they just look to generate additional revenue in fiat, which I can't blame them for.

BSV is not the real Bcash. Bcash is the real Bcash.
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November 03, 2019, 02:44:18 PM
 #59


In my opinion, through this news about bitcoin, we don't have any reason to leave, or take our money out of the market. What we need is to be prepared for bitcoins market price that will surely soar high any time soon.
They have their reasons for leaving, we should respect that.
Some of them might be in need and that means they will need the money.
There could also be bad reasons and one of them is because of being a scared cat. You can see different kind of speculations now and one of them is manipulation.
They say the market could go down (which is possible) because of the whales selling to put the price down buying again before the pump in halving.



This might be too pro bitcoin post again. But I know I am doing my best to help bitcoin and crypto in my way.
should you have any opinions about it, post it below.

Doesn't matter of it pro bitcoin or not. As long as you have your own kind of faith with it  then, what they say will not matter too.
By the way, thank you for that and the support.
Merits.
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November 03, 2019, 04:58:09 PM
 #60

bitcoin can be the solution to poor economy

Care to elaborate?  How can a cryptocurrency that is manipulated by a few group of whales can be a solution to poor economy?




The news regarding Starbucks is quite huge and its possible impact could be significant to the market.

It can bring a hype yes but I don't think that it will be that much that it can push the price of BTC to its new ATH.  There are more bigger news than this in the earlier years of Bitcoin.  And even though Bitcoin accepted by Starbucks, I highly doubt about its implementation.
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