exstasie
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November 10, 2019, 10:15:34 PM |
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People are looking at past halvings and trying to guess what will happen next and for that reason it can be different this time. Bitcoin usually does something unexpected.
Yep, there's no point making predictions, at least until the halving is a lot closer. What happens will be dictated by the preceding trend in the months leading up to it. If BTC is pumping towards $20K in late Q1, there's a high probability the market will dump into the halving like it did in 2016. On the other hand, if we're still ranging near $10K at that time, a rally or continued sideways into the halving will become more likely.
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Leon83
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November 10, 2019, 10:24:52 PM |
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The hype around the Bitcoin halving is much bigger than Litecoin's, because Bitcoin is more popular. That might well be the FOMO effect that will start the next major bullrun for Bitcoin like in 2017.
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rdluffy
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November 10, 2019, 10:33:05 PM |
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You said you are a newbie but you have a good knowledge Everyone is expecting a huge increase in price, right?
But look Litecoin, it's a great example that the market isn't follow our logic everytime, we have to be careful about buy and sell because even a situation like that can have a contrary effect
Only time will tell us what's going to happen with halving
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Febo
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November 10, 2019, 11:08:52 PM |
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Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
From June on all coins lost value. Bitcoin Lite coin, Monero. All. Halving have long term influence on supply. Influence is with each halving smaller. It is not the only factor of supply. To get the price supply met the demand. If demand will not increase, price will not magically increase. But pressure of supply will reduce a tiny bit.
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alexsandria
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November 11, 2019, 01:44:29 AM |
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I supposed it will be having an increase in price. It is because supplies would get cut off from half and as it decreases users are about to buy more and more that it directly affects the demand. Since the demand got increased it will have a direct effect in market price. Well from last two halving bitcoin never failed to increase its price though after a following months usually it decreases from a different reasons. Expect it to happen because it really does but what's for sure price will indeed increase.
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jakelyson
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November 11, 2019, 01:49:26 AM |
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Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
The effect of halving is not immediate. The fundamental that supports that the price of bitcoin will rise due to halving is supply and demand. The supply getting cut down into half will eventually push the price up. But do not expect it to happen within a few months of halving. The lasting effect will be felt when the majority of BTCs mined before the halving is sold. You can also check bitcoin price history so you'll have an idea of how long after halving the price of bitcoin surges.
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karanggatak
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November 11, 2019, 02:03:10 AM |
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If I speak from an economics background, bitcoin halving is expected to rise its price! Because this is deflationary in nature which decreases the supply of it and increases it purchasing power. However, cryptocurrencies are not designed to fit into the definition of standard money so no one can assure you about the outcome! What everyone is doing is, speculation! It sometime goes right and sometime goes wrong! You already have an example, Litecoin. Which didn't come out as expected after halving and the price is in the red zone. Whoever is saying that bitcoin's price will go higher after the halving, they are all speculating and no one is certain about what's going to happen! So don't get confused and don't try to get an answer! Probably you will get it all wrong!
yes I agree with actually no one can ensure that bitcoin will be a bull run after halving in May 2020. we all just hope and speculate. still later that will determine whether bitcoin will rise or not is the bitcoin market. and the bitcoin market is strongly influenced by demand and supply. and requests and offers are influenced by news about bitcoin. hopefully next year there will be a lot of positive news about bitcoin such as adopters and legalization of bitcoin. can drive the price of bitcoin.
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d3nz
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November 11, 2019, 04:56:14 AM |
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Probably halving will change everything by next year and the valur could rise up more than we might expect, and that is the reason to accumulate more and sell some altcoins to gain more satoshis.
And my prediction could be the value might hit maybe by 20k - 21k
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blckhawk
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November 11, 2019, 05:33:32 AM |
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Bitcoin halving would have effects such as; [1] Slower bitcoin generation, thus lower total supply, [2] If demand does not deprecate, then supply won't keep up, thus prices would rise, [3] There's an anticipated dump/price dip alongside with halving because of whales manipulating and taking advantage of the expected rise.
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maydna
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November 11, 2019, 06:32:47 AM |
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I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
LTC cannot increase because the market still at the bear market, and it seems, litecoin needs more time before the price can increase, especially if the bull market comes. But I guess it will be different than what we will see with bitcoin because before and after bitcoin halving, bitcoin price can increase higher. That will trigger the market to change into the bull market, and when the bull market comes, not just bitcoin but the altcoin can start to increase too. And maybe if the bull market happens, the litecoin price can start to increase higher as what we expect. The cryptocurrency will grow fast at that moment so that we will make a bigger profit than usual.
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clickerz
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November 11, 2019, 06:35:06 AM |
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Bitcoin halving would have effects such as; [1] Slower bitcoin generation, thus lower total supply, [2] If demand does not deprecate, then supply won't keep up, thus prices would rise, [3] There's an anticipated dump/price dip alongside with halving because of whales manipulating and taking advantage of the expected rise.
As halving may happen on ETA date: 14 May 2020 22:59:54, the effect may be felt before and after it and possibly will slow down again afterward. As of now, it is still in accumulating range and will continue before the first quarter. There may be mini bull run prior to halving but not very significant IMHO. No. 3 above always happen, we should be cautious of this.
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piebeyb
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November 11, 2019, 07:05:12 AM |
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I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
nothing affects the price of LTC after halving, but it might affect when BTC halving, please read my message here about the analysis after halving, let's use logic to find out the effect of bitcoin halving I will give an example, if you have money around $ 10k and bitcoin prices when halving around $ 10k you only get 1 BTC, after a year after halving then bitcoin touches $ 100k what is your profit? if selling it of course only $ 90k from your capital $ 10k! what if you buy altcoin as an example of ETH, when halving bitcoin price is still around $ 200 / ETH, your capital is $ 10k of course you will get around 50 ETH, if a year after halving bitcoin, you see ETH touching above $ 5000 what is your profit? remember that just as an example, so what's interesting when bitcoin is halving, of course many people choose to buy ALTcoin instead of Bitcoin when halving happens and it will have an impact on Altcoin, I hope you understand
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BigBos
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November 11, 2019, 08:00:17 AM |
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the price increase caused by halving is speculation carried out because seeing the previous halving makes crypto prices go up. In this case, the thing to note is that this is only "speculation". In 2016, halving bitcoin happened, and the price went up significantly in 2017. So, in general, we don't know when halving will make the price of a crypto go up. halving that happens in the coming year may not directly affect the price of bitcoin, but it takes time or the same as what happens to litecoin at this time.
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Kemarit
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November 11, 2019, 10:12:57 AM |
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I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
To be exact: ( https://www.bitcoinblockhalf.com/) Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Well it's hard to compare the two though, Also you have to understand that the price wouldn't go overnight. Bitcoin's last block halving happened in 2016, but the eventually all time high was not realised around December 2017. Is that also what can be expected of the Bitcoin halving?
Bitcoin could reach a new milestone but it will take years after the scheduled halving next year patience is the key here.
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Oasisman
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November 11, 2019, 12:33:17 PM |
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~snip~.
As halving may happen on ETA date: 14 May 2020 22:59:54, the effect may be felt before and after it and possibly will slow down again afterward. As of now, it is still in accumulating range and will continue before the first quarter. There may be mini bull run prior to halving but not very significant IMHO. No. 3 above always happen, we should be cautious of this. There's a 6 months price comparison from the last 2 halvings before it takes place and It shows an upward trend. So, I have to agree with the mini bullrun while approaching close to halving in a 6 month span. While on the latter Bitcoin tends to set another ATH just a year or more after the halving. The only thing that keeps bugging the speculators right now is the possible price range which Bitcoin might land, thus making them skeptical on whether they will trust their intuition or not.
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coin-investor
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November 11, 2019, 02:32:10 PM |
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Bitcoin will not end up just like Litecoin did even if I am speculating the supply will surely lessen after the Halving that is why I believe the price will rise and many enthusiasts are expecting the price of Bitcoin to pump after the Halving that is why even if the Halving will be a negative the price will surely have a small pump at price because there will be more buying it because they are suspecting the Halving to increase its price.
So far all the past halving proves us right until now that there are a lot of things to expect from the coming halving like the price increase, there are still no halving in the history that Bitcoin's price drop after the halving or it does not have an impact, we must not compare this to Litecoin, each coin has a different supporters, development and so far Bitcoin never fails it's investors, comparing it to Litecoin after halving effect is like creating FUDS.
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Lanatsa
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November 11, 2019, 03:42:27 PM |
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I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
We can somewhat picture out on what happened on LTC halving to BTC halving where it can really be possibly going on the same path but we know that supporter of both coins is totally different when it comes to numbers.We cant precisely tell yet that BTC halving will guaranteedly give out bull run effects because it can also possibly experience the same situation on what LTC did previously.Ive been telling this to these kind of question for some numbers now that the future is uncertain and it doesn't mean that we have seen that theres price increase in the past it will surely happen on the future - theres no such thing like that.
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UnDerDoG81
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November 11, 2019, 03:47:53 PM |
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My biggest concern is, literaly everybody is awaiting a bullrun. Some expect 50k, some 100k and others a million. And what does bitcoin do most of the time? The opposite. I hope for a new ATH but my worries are there.
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enhu
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November 11, 2019, 03:58:34 PM |
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I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
The condition of Litecoin halving can not be use to judge or prediction what will happen during bitcoin halving and the reason why Litecoin yield a negative result instead of positives is because it don't have massive user base level like before, when Charlie decision didn't poison the coin holder and investors mind. Nevertheless, most altcoin will surge in price when the halving effect take over the market but is not every altcoin that's good for investment. The dip of LTC instead of going up after halving I guess is related not to the community, there had been reports that Chinese likes this altcoin. But I think the case if very different from BTC knowing its paired to almost all altcoins which anyone with a shitcoin can switch their funds to BTC unlike LTC. Basically BTC is the base currency in crypto.
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joshy23
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November 11, 2019, 04:34:38 PM |
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My biggest concern is, literaly everybody is awaiting a bullrun. Some expect 50k, some 100k and others a million. And what does bitcoin do most of the time? The opposite. I hope for a new ATH but my worries are there.
Take the risk and hold your coin, once the market bounced back it will bring a huge jump. Halving will take the market to another rise and from that it will be more in realistic figures, you need to take what you fully understand not to harmed your investment if the downfall still happened. There's no accurate time frame, always be optimistic and you can take the long ride for this investment business.
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