buwaytress
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November 16, 2019, 05:20:12 PM |
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I got a bit lost to be honest after readoption and reacceleration. Probably true to some extent in past halvings but surely by now, anyone remotely interested in investment, money, bitcoin or gold, would already have known about May 2020 a long time ago. Unlike past halvings, this one is probably the most talked about, most anticipated, and most hyped.
It seems to be expectations will fail to deliver when it comes to Bitcoin price! Not to say there won't be an effect, but to me, that's come into play already.
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The Sceptical Chymist
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November 16, 2019, 05:48:14 PM |
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I happened to look up when exactly the next halving is taking place before seeing your post, but thanks for posting the info. People are talking about it a lot here, but they usually don't mention the exact date. Can't argue that price increases have happened after the last two halvenings, but I'm skeptical as to whether we're going to see another huge bull run come next May. I've always thought that these should be priced in well beforehand, and I'm not sure that they aren't. I remember writing that in quite a few threads back in 2016, and noticing that nothing really extraordinary happened immediately after the halving. The huge run-up in price only started to happen at the start of 2017, and in my mind it's questionable as to whether this was due to the halving, which was in July 2016. I'm not trying to downplay the importance of this, and I do hope bitcoin sees some upward momentum next year--but I'm not hoping for a repeat of 2017 which saw bitcoin get to levels that weren't sustainable. If the halving produces that kind of bubble, I could do without it. Slow and steady gains are much, much better.
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Febo
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November 16, 2019, 05:51:30 PM |
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Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.
But the $20000 Bitcoins happened 1.5 years after halving. One and half year is a lot of time.If price changed a bit a week latter it was far from $20000. Problem I see people are making FOMO about halving and dont even mention this fact. Noobs then believe 2019 will be new 2017. I hope there are not that many that believe this will happen in short 6 weeks.
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rdluffy
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November 16, 2019, 06:12:20 PM |
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You guys make some count looking the past and you think 1 to 10 is equal to 10 to 100, but it's not
After halvings, BTC done a good job and got pumped, but in the past, this is not a guaratee of future And it's not that easy to jump to this price you're saying, 55k or 130k looks impossible in a near future, it needs a lot of money, not only charts from the past
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LordShanken
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November 16, 2019, 06:44:19 PM |
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I wonder if the price increase will occur after halving or before? So far, the price increase has always after, but it would not be a surprise to me if this time whales did something different and pump the price before and later dropped it. What do you think guys? About the level that can rise, for sure between $50k - $100k
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veleten
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November 17, 2019, 01:38:08 PM |
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I wonder if the price increase will occur after halving or before? So far, the price increase has always after, but it would not be a surprise to me if this time whales did something different and pump the price before and later dropped it. What do you think guys? About the level that can rise, for sure between $50k - $100k
the increase everybody is lookinb for , the one with hundreds percents in it usually happens after the halving but it could as well start rising before the halving too , just not as much there is no guarantee , historical data is a good source of information , but things could go very differently any scenario could happen , for example big news before the halvening and the price goes through the roof and then corrected and goes down and so on
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Clement Kaliyar
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November 17, 2019, 06:07:36 PM |
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But the $20000 Bitcoins happened 1.5 years after halving. One and half year is a lot of time.If price changed a bit a week latter it was far from $20000. Problem I see people are making FOMO about halving and dont even mention this fact. Noobs then believe 2019 will be new 2017. I hope there are not that many that believe this will happen in short 6 weeks.
Everyone is looking for a pump and so is the reason everyone is having their charts and prediction but none of these will be far from the truth, every market will rise eventually but you cannot expect that to happen every couple of years, many countries are planning to regulate the market and who know what all restrictions we will be facing in the future, i hope the market will rally once again but i am not expecting the steep rise we had in 2017.
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THX 1138
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November 17, 2019, 11:43:59 PM |
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Relaying a message: It's just too exaggerated to give a random numbers while the market price today is under $9,000.
McAfee’s Dick Math may be based on point-set topology. Also re-read the lengthy post I made in this thread.
The legacy BTC price is likely going to $1 million in 2020, but I posit the official Bitcoin Core (which is actually an impostor) is going towards ~$0 after the SegWit “anyone can spend” donations to the miners attack at the May 2020 halving event if Craig Wright fulfills his Long-term advance notice. Craig is indeed a fake Satoshi and his BSV is probably a red-herring, but his warning is probably reality. Read the linked threads entirely to learn why.55k is definitely not too high if you look at the history of Bitcoin. Even 100k is not too high. In 2017 we went from 900 to 20k in a year. When we broke previous ATH we went times 20! Breaking 20k would take us to 200k if it happens again. I know we can't compare because it takes a lot more money to reach those levels but when we were below 1 k people were talking about the 2013 bull market and saying the same thing that we went from 300 to 1000 in a month but a 3x rise from ATH won't happen because it's a lot of money. Do you even remember today what people were saying when we were going through 3k? No? I don't remember it too because it was so fast.
Everyone forgets, incorrectly thinks Bitcoin’s price is decelerating, and gets lulled to sleep. Here is a mathematical model of what you are referring to:
McAfee’s Dick Math: illuminating Bitcoin’s ACCELERATING pricei believe that the more we move forward as the market size grows, the less drastic the big swings are going to be. meaning both rises and falls are going to happen in a more reasonable percentages. it is about more adoption and more packed order books that makes it so that when a big buy or a sell take place the price wouldn't jump up or down 30%! so with that logic this upcoming rally price should go up to about $300k since last time price went up from $150 (the bottom) to $19900 which is 13166%. with the current bottom being $3200 that means reaching $424,512 which if it becomes smaller we should reach $300k instead
Everyone seems to think Bitcoin is decelerating, but it’s actually accelerating. My theory as to why is because of the upcoming readoption of legacy Bitcoin and the destruction of the Bitcoin Core imposter soft-fork, thus focusing wealth as most people are kicked off of Bitcoin and their BTC is donated to the miners. Whales never sell, thus the liquid float will decrease. Everyone seems to think Bitcoin needs to scale transaction volume, but I posit that was never the intended purpose of Bitcoin when the global elite created it.
My (and apparently McAfee’s) theory is you are being deceived by mismatching your comparisons of peaks from different topological sets. See the above link to McAfee’s Dick Math.
Your $300k is also my lowest level target for 2020. But $1+ million may be more likely if you believe the (unpublished) math McAfee claims.in 2012 and 2016 halving, people still put a lot of doubts in bitcoin saying bitcoin will have zero value, majority did not believe that bitcoin will be worthy in the future and then the price skyrocketed, proven they all wrong. nowadays majority so over confident about the upcoming bitcoin halving making speculation it will worth 5 to 20times from the current price , guess what should happen? the price fall down , prove the majority wrong?
Instead I posit that everyone will be destroyed by the SegWit attack at the halving and then the price will go much, much higher than anyone expects. But this attack is going to hoist huge income taxes on everyone due to the free airdrop of the Core tokens when it is forced to hard fork-off.
The majority is always wrong, but never in exactly the same way. New tricks are the up the sleeves of our slave masters who created the 666 Bitcoin.
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Wexlike
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November 18, 2019, 12:58:24 AM |
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But the $20000 Bitcoins happened 1.5 years after halving. One and half year is a lot of time.If price changed a bit a week latter it was far from $20000. Problem I see people are making FOMO about halving and dont even mention this fact. Noobs then believe 2019 will be new 2017. I hope there are not that many that believe this will happen in short 6 weeks.
Everyone is looking for a pump and so is the reason everyone is having their charts and prediction but none of these will be far from the truth, every market will rise eventually but you cannot expect that to happen every couple of years, many countries are planning to regulate the market and who know what all restrictions we will be facing in the future, i hope the market will rally once again but i am not expecting the steep rise we had in 2017. Oh come on, are you basically saying China will ban Bitcoin again ? I'm way more curious how the internet shutdown of Iran might affect all Bitcoin enthusiasts in that country.
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blckhawk
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November 18, 2019, 05:52:37 AM |
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That price is quite feasible to believe than other predictions, although we're still not sure. Another thing to note is that the bubble won't happen immediately after the halving, but rather several months after it happened. As of now, the price steadily hovers around 8k$ and even though it might experience dumps, I'm not that worried and still anticipate for the guaranteed price uptrend.
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tbterryboy
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November 18, 2019, 05:53:03 AM |
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I expect so much positivity from this next halving and do you know why? Having studied how halving has affected the value of bitcoin positively for two consecutive period now, I am sure that many people would have been convinced now that they next having will surely make the same positive impact on the value of bitcoin, and that event is what people would not like to miss out at all as many of the old and new investor will start rushing to buy bitcoin at any slight opportunity they get to buy at cheaper rate starting form next year after the new year celebration.
From this action alone, I expect the value of bitcoin to cross over the last all time high prior to when the having will occur and shortly after the halving, I also expect that the value will surge to almost 2x of the last all time high also.
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Taskford
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November 18, 2019, 07:51:27 AM |
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That price is quite feasible to believe than other predictions, although we're still not sure. Another thing to note is that the bubble won't happen immediately after the halving, but rather several months after it happened. As of now, the price steadily hovers around 8k$ and even though it might experience dumps, I'm not that worried and still anticipate for the guaranteed price uptrend.
In my opinion it normally happens since there are so many factors that we needed consider by now and although we are experiencing the stable price at 8k$ or maybe we can see a more dump to 7k$ but most provably we can see a price change when the halving nearly comes although it's not a guaranteed speculation since this is all talk but we try to see the halving history and how it works provably we will get a positive outputs on what great opportunity for holders to come next year.
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Wysi
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November 18, 2019, 09:10:14 AM |
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That price is quite feasible to believe than other predictions, although we're still not sure. Another thing to note is that the bubble won't happen immediately after the halving, but rather several months after it happened. As of now, the price steadily hovers around 8k$ and even though it might experience dumps, I'm not that worried and still anticipate for the guaranteed price uptrend.
If we look at the past yes there had been pump post halving but right now it's not the same situation because we have not experienced any major dump in a while and market is somewhat stable except fluctuations of couple of hundred dollars in a while, which is a good sign for sure but we need to be prepared to cope up with the situation even if the value does not pump post halving instead of panic selling. Even I personally feel that the value will increase as its been a while since we have a major pump.
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akmal1984
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November 18, 2019, 09:43:30 AM |
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I wonder if the price increase will occur after halving or before? So far, the price increase has always after, but it would not be a surprise to me if this time whales did something different and pump the price before and later dropped it. What do you think guys? About the level that can rise, for sure between $50k - $100k
I think the price increase will still occur after halving.If it happened before maybe the case for hardfork huh.However, I don't see bitcoin going to 50k usd after halving.You may know now that crypto prices are pressured by regulation.It is likely that bitcoin will only be at 20k usd after halving
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bitbunnny
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November 18, 2019, 02:09:13 PM |
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But the $20000 Bitcoins happened 1.5 years after halving. One and half year is a lot of time.If price changed a bit a week latter it was far from $20000. Problem I see people are making FOMO about halving and dont even mention this fact. Noobs then believe 2019 will be new 2017. I hope there are not that many that believe this will happen in short 6 weeks.
Everyone is looking for a pump and so is the reason everyone is having their charts and prediction but none of these will be far from the truth, every market will rise eventually but you cannot expect that to happen every couple of years, many countries are planning to regulate the market and who know what all restrictions we will be facing in the future, i hope the market will rally once again but i am not expecting the steep rise we had in 2017. Oh come on, are you basically saying China will ban Bitcoin again ? I'm way more curious how the internet shutdown of Iran might affect all Bitcoin enthusiasts in that country. No, China will not ban Bitcoin no matter what some say and the situation in Iran might get complicated although I beleive that Bitcoin enthusiasts will find their way. Regarding the price rise expectations are not real and far exaggerated as always but it's nice to see that people are optimists. However, many of them will end in bitter disappointment.
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AliMan
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November 18, 2019, 02:26:15 PM |
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That price is quite feasible to believe than other predictions, although we're still not sure. Another thing to note is that the bubble won't happen immediately after the halving, but rather several months after it happened. As of now, the price steadily hovers around 8k$ and even though it might experience dumps, I'm not that worried and still anticipate for the guaranteed price uptrend.
In my opinion it normally happens since there are so many factors that we needed consider by now and although we are experiencing the stable price at 8k$ or maybe we can see a more dump to 7k$ but most provably we can see a price change when the halving nearly comes although it's not a guaranteed speculation since this is all talk but we try to see the halving history and how it works provably we will get a positive outputs on what great opportunity for holders to come next year. There's no problem with talking in brilliant expectations with speculative projections, but the reality will disappoint us when it doesn't take place. Once halving will occur randomly, all potential price predictions will likely be going to happen because the volatile market always changes in an unpredictable trend. That would be unstoppable when green days happened for cryptocurrency. Always stay focus on monitoring, don't listen to FUD, since it was pulling us down towards regrets when we try to catch their deceptive ideas.
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Lanatsa
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November 18, 2019, 02:27:51 PM |
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But the $20000 Bitcoins happened 1.5 years after halving. One and half year is a lot of time.If price changed a bit a week latter it was far from $20000. Problem I see people are making FOMO about halving and dont even mention this fact. Noobs then believe 2019 will be new 2017. I hope there are not that many that believe this will happen in short 6 weeks.
Everyone is looking for a pump and so is the reason everyone is having their charts and prediction but none of these will be far from the truth, every market will rise eventually but you cannot expect that to happen every couple of years, many countries are planning to regulate the market and who know what all restrictions we will be facing in the future, i hope the market will rally once again but i am not expecting the steep rise we had in 2017. Oh come on, are you basically saying China will ban Bitcoin again ? I'm way more curious how the internet shutdown of Iran might affect all Bitcoin enthusiasts in that country. No, China will not ban Bitcoin no matter what some say and the situation in Iran might get complicated although I beleive that Bitcoin enthusiasts will find their way. Regarding the price rise expectations are not real and far exaggerated as always but it's nice to see that people are optimists. However, many of them will end in bitter disappointment. Sometimes seeing those too much optimism towards btc prices are already irritating imho. They don't even consider on putting up speculations on reaching or breaking the previous ATH's first before going to those hundred of thousands when it comes to price. Im not really that negative towards price but we should really be realistic because too much hope will just really give out deeper disappointment.
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alyssa85
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November 18, 2019, 02:36:16 PM |
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The rule of the market is generally "buy on the rumour, sell on the news" or "buy in anticipation, sell on confirmation".
So there might be a price rise in the run up to the halvening (see the price rise that happened just before the litecoin halvening in August), and then a sell-off as it happens.
Complicating things is that there are some unhappy people out there who bought when bitcoin was at the all-time high of around $18,000 - $20,000. If they see the price approach that again they will rush to sell "to get their money back" and relieve the mental pain they've had all this time due to their current loss. So we might see another sell-off as bitcoin approaches $20,000 again.
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el kaka22
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November 18, 2019, 04:03:26 PM |
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Why do people really make these insane claims without really thinking about what will happen in the next few thousands? Like we are not even at 10 thousand dollars right now and everyone is talking about how the bitcoin price is this and that and so forth and focus on the 6+ month period and more importantly talk about the 50k+ prices and 250k+ prices and all the other weird stuff instead of talking about the prices of when will it be 12k or 15k.
I understand people want to get rich quick and when it reaches 55k to 130k some people will be really rich so everyone wants to talk about that so that people would actually believe it and work for it but the reality is that there are not that many chances of bitcoin not stopping on the way to those prices for a long time, so we should focus on the earlier spikes instead of those insane highs.
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Dart18
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November 18, 2019, 04:42:53 PM |
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Yeah but that 20k is not the real deal right? I very much would like to make those predictions happen but there is just too many doubts by now. They also consider the whales faking the dump and pump and just manipulate it the other way around. Vice versa of what happened the last halving and the other.
Also, consider the large amount of FUD that is being spread. How about the news of Google being the bitcoin killer.
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