Forget Bitcoin Halving!

[7788bitcoin]

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.

If you take a look at all the financial market can you point to a stable market and if it is a stable market who will be investing in it and what benefit do you get from a stable market and the other part about Libra, you need to wait and see whether Libra will be released or not as the regulatory pressure is increasing and it is highly unlikely they will release it peacefully.

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. 

Since star bucks is accepting and selling bitcoin now everyone will be sleeping and drinking coffee in star bucks  . On a serious note it is a step towards major adoption in the market.

[ReiMomo]

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. 

Since star bucks is accepting and selling bitcoin now everyone will be sleeping and drinking coffee in star bucks  . On a serious note it is a step towards major adoption in the market.

That is a good analogy, star bucks company is very well known and a high class coffee shop and it brings become more exposure to Bitcoin and creates mass adoptions. But how could we forget a very promising event that leads us to buy more coffee in star bucks? The next halving is expected that bitcoin surge in the market and probably there are crypto enthusiasts cut their profit and maybe will remain holding their Bitcoin. We are near now to the next halving event.

[liuqi]

For long time people are waiting for the investment of Facebook and after few months we got the information like most of the tokens will be goes to the private investment and the team of Facebook only so such kind of things should not be happen with Starbucks investment as well.
I'm not sure why you guys are comparing halving effect and this companies investment together and confusing yourself both are different and Bitcoin halving will make market more stronger.

[Wintersoldier]

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.

What I can perceive from this is not the case that the payment for coffee is bitcoin but the influence that the entire Starbucks franchise will impact to the community and the people. This impact might serve as the trigger for cryptocurrency mass adoption especially in paying bitcoin in small scale transactions such as buying coffee.

While, forgetting bitcoin halving just because of a huge market adoption that Starbucks might induce cannot be possible, as we cannot measure the effect of both Starbucks adoption and halving since they are independent to each other.

[cotton ball]

Reference: https://www.forbes.com/sites/billybambrough/2019/10/31/forget-the-halvingcould-this-be-what-sends-bitcoin-soaring-next-year/#2ede27653062

Here are the list of hot news for the past weeks that might impact the bitcoin's market price, volume and adoption.

1. Bitcoin Halving in 2020
2. Implementation of bitcoin to the largest coffee shop (Starbucks)
3. Bitcoin Vs Gold
(I do not include Libra since it don't have direct impact on bitcoin)

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.

We should believe that:
there's no impossible market price that bitcoin cannot achieve.
there's no way government or other party can turn bitcoin down.
nothing can stop bitcoin to help those in needs
bitcoin can be the solution to poor economy
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.

More than six month later we are ready for bitcoin halving, now you have take moment with investing in bitcoin before miss chance investing bitcoin in lower price, after halving moment bitcoin price will grow up and you miss your opportunity get bitcoin with lower price, why not start now with invest in bitcoin and hold six month later for selling after halving moment time.

[Darooghe]

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.

We know every halving induced a massive price explosion of 50x-100x on the spot. so we could expect bitcoin’s price to rise following the halving. that would mean that we would want to buy before the halving. But everyone would want to buy before the halving, preferably before other people buy before the halving.

So if we expected the price to go up following the halving, it would actually go up before it. And, of course, all those people would want to sell after the halving, causing the price to actually go down after the halving. thereby, I think the next Bitcoin halving in 2020 already priced in. but only around %30-%40 of it's effect. That’s why we saw a %300-%400 jump in this year before the halving.

[rmhuntley]

Whether the third halving day of Bitcoin in 2020 may next will repeat the history of rising Bitcoin prices increasingly higher..??

Even crypto 2020 is already legal in the country of China because the Chinese government has announced it. Hopefully year 2020 Bitcoin price will soar high.

https://finance.yahoo.com/news/china-congress-passes-cryptography-law-142433796.html

[karanggatak]

yes I agree with you OP with a lot of positive news about bitcoin now. what we have to do is not get our money out of the market and continue to survive in this market. and if we have money we should add our bitcoin. so that later when bitcoin to the moon we get a big profit.
although maybe later the price of bitcoin will go down before halving we don't need to be afraid and worried. it is whale's market manipulation so they can buy bitcoin cheaper and make big profits after bitcoin splits in 2020.

[bryant.coleman]

Adoption of Bitcoin by Starbucks (if the news is true), will definitely have a big impact on the exchange rates of Bitcoin. But still I believe that the block reward halving will be having an even bigger impact on the rates. If the Starbucks rumor had a big impact, then we should be seeing Bitcoin rallying in the exchanges now, but that was not the case when the last time I checked the charts. To clarify a bit, nothing is confirmed about Starbucks. Bakkt has made an announcement that they intend to integrate Bitcoin payments in Starbucks, which may or may not be realized in the near future.

[alyssa85]

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. 

People seem to be obsessed with the idea of using bitcoin to buy coffee. I personally doubt many people will use this app because it's more convenient to use cash to make small purchases like this.

I wish bitcoin start-ups concentrated on use cases where it's hard to use fiat but easier to use cryptocurrency. Such as gambling, remittances and so on.

[peempeem]

I agree with you that it is not only the halving, in fact I can believe that is already priced in.

there's no impossible market price that bitcoin cannot achieve.

Well realistically it cannot achieve 1 billion dollars in the next few years. Who knows within 100 years maybe is possible!

bitcoin can be the solution to poor economy

I don't think it will solve poverty but surely it will help the poor, yes.

bitcoin will unite the world and make it as one

That will take more than bitcoin.

[puertorikosena]

Really. A lot of people are waiting for the approval of the authorities for the use of bitcoin and think that if there is no approval, then the cryptocurrency also has no future. In fact, no one and nothing can affect bitcoin and its extraction. Its price can be completely different (including very high) and in a short time bitcoin will be considered truly digital gold.

[Pamadar]

I didn't expect Bakkt to be this big actually. I was kind of losing hope that this will be just be of nothing after its launch from the past month due to sudden fall of Bitcoin price from 10k to 7k.
I heard this news already about Starbucks adopting Bitcoin before but I guess paying your coffee with the newly launched app would be pretty nice though.
I wouldn't mind having a stop into my nearby coffee shop to buy Espresso with my own hodled cryptos.

It's giving thrill to our everyday life, what else if more establishment will start embracing the same system and you can use bitcoin to anything around. The BAKKT project will bring more interesting success to bitcoin, aside from being store assets type for investment if apps shows up accepting your daily needs can be purchase using your crypto it will also attract more people to patronize the system. Expect to have more good news incoming months or years to this industry.

[ILuckyGuyI]

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

[Macadonian]

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

The news of Bitcoin halving does not have any long term issues with adoption or the price. The Bitcoin halving just means that from now on the block rewards are going to be in lesser amounts which means the process of obtaining Bitcoin via mining will take a lot longer. That does not effect most people who are using Bitcoin unless they are mining themselves unless you count this as a positive because less and less Bitcoin is being made available every passing day which probably means trade volume will reduce and Bitcoin will become more desired.

[Mahanton]

I didn't expect Bakkt to be this big actually. I was kind of losing hope that this will be just be of nothing after its launch from the past month due to sudden fall of Bitcoin price from 10k to 7k.
I heard this news already about Starbucks adopting Bitcoin before but I guess paying your coffee with the newly launched app would be pretty nice though.
I wouldn't mind having a stop into my nearby coffee shop to buy Espresso with my own hodled cryptos.

It's giving thrill to our everyday life, what else if more establishment will start embracing the same system and you can use bitcoin to anything around. The BAKKT project will bring more interesting success to bitcoin, aside from being store assets type for investment if apps shows up accepting your daily needs can be purchase using your crypto it will also attract more people to patronize the system. Expect to have more good news incoming months or years to this industry.

As years progresses and so as with adoption then theres no doubt we would really be heading up to that scenario.We might not see a full adoption but at least we are seeing merchants that do consider out on accepting this new way payment system.Adoption is on the move,it might not able to meet up our expectations when it comes to full consideration but at least we are seeing some progress on here.

[Shenzou]

Of course, Bitcoin has no limitation on doing much bigger things compared to now. But some news can really be effective on the price. Bitcoin halving is one of the events that is an example of it I think.

The news of Bitcoin halving does not have any long term issues with adoption or the price. The Bitcoin halving just means that from now on the block rewards are going to be in lesser amounts which means the process of obtaining Bitcoin via mining will take a lot longer. That does not effect most people who are using Bitcoin unless they are mining themselves unless you count this as a positive because less and less Bitcoin is being made available every passing day which probably means trade volume will reduce and Bitcoin will become more desired.

Actually it does have a big impact on the price and directly, because if you think about it if people are using the same hardware to mine half of the the amount of the bitcoin that we are getting today that means that the supply is going to drop significantly, and less supply and the same demand leads to increase of price, and as we saw an increase of price leads to more people and that keeps the ball rolling until something happens to ruin the party, but i am confidant that this year we will see bitcoin get some attention and some major adoptions for many companies if all things goes well.

[Hannu]

Yeah, but it does not affect then only mining pool ASIC hashing BLOCKIE reward, now its 12,5 BTC

[Expecto]

It seems to me too that nothing can stop Bitcoin to reach way better levels and be much more helpful in various fields. Eventually, the governments won't be able to avoid digital currencies.

[Reosta_]

Whatever we say, Bitcoin halving will be very important for the price to go up dramatically. I think Bitcoin needs an impulsion to start a new bull-run. Things will be more clear after the halving.