The 2020 Next Bitcoin Halving vs The 2016 One

[Free1bitco.in]

halving that will occur in 2020 is all still speculation and predictions. We expect high prices, even higher than in 2016. Even so, there is no strong guarantee that prices will rise like 2016. Some people predict that the price of bitcoin will reach $ 20k, even the new ATH. if the speculation you provide is proven, then the price of bitcoin is around $ 16k, or even $ 17k.

However, that is uncertain, we all expect the highest price for that year, and given the predictions, you have given, then 2021 will be an extraordinary increase, the same as 2017.

[tbterryboy]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

The past two halving that we have had has made a very significant impact on the value of bitcoin and we could see how the value surge by greater percentage during the halving which could not have been a coincidence at all, so if all the other halving have had effect on bitcoin despite all the low adoption that we had then, it would not be now that we have more adoption of bitcoin than the last halving for us not to see any changes.

Many people including me are eagerly waiting for the halving which I am sure that it will encourage a lot of people to start putting more fund in their wallet as against the expectation of the halving which I think that it is just like 5 months away from us now. Your article really hit lots of point and I agree with it a lot which should be enough to motivate us in preparing for the surge.

[BChydro]

There is still a lot of difference though.
Just look at the number of users which had been added here.
Let us make this new one as an example.
https://bitcointalk.org/index.php?action=profile;u=2717474
2,717,474 

I did not understand the post here, is it the total number of users in this forum, the total number in this forum does not denotes anything as majority are here for the bounties and not to invest.

That could make a difference.
I don't say all are into bitcoin but imagine them having even just a piece of it.
Changes in the buying part and in the selling part. With the community growing and bitcoin being divided then a big wave would not likely to happen.

If you are looking for a big rally, the investment from come from big institutions and not from tiny investors who are experimenting with the new market. There are many things happening in the market and regulations can be expected in the next couple of years and whether it will impact the price rally is yet to be seen.

[bittraffic]

The miners will have to sell the coins for a high price after halving, its going to be high to cover the cost of their power and the maintenance of their mining machines.  The scarcity of the supply will help BTC price to appreciate again, maybe this time we may never really see BTC price below $10k. And the adoption is going to push the price to a much higher support. These are all still speculation, the situation today is very different since its all free back then and today it seem like most of the investing firms are up to pull the price down.

[Finestream]

hopefully it will follow the same path but I am not expecting it will as the market has really change a lot these days.
Before, even if BTC is more dominant than the entire altcoins but at least we are seeing some stability on altcoins and there are less dump compared to pump, that's why the market grow.

At his situation, we are in the bear market, and it's hard to be optimistic when we are in the bear market as price could any time dump.
maybe some price improvement as a result of the halving is good but I'm not expecting much like 100% increase though.

[clickerz]

halving that will occur in 2020 is all still speculation and predictions. We expect high prices, even higher than in 2016. Even so, there is no strong guarantee that prices will rise like 2016. Some people predict that the price of bitcoin will reach $ 20k, even the new ATH. if the speculation you provide is proven, then the price of bitcoin is around $ 16k, or even $ 17k.

However, that is uncertain, we all expect the highest price for that year, and given the predictions, you have given, then 2021 will be an extraordinary increase, the same as 2017.

Almost all news and article are saying this, and most are very optimistic. But I think 2016 has more hype compared now. Next years halving will be more on adoption and more financial institutions will join on crypto, that's why I say that not more on hype in 2020 Halving.

[iv4n]

Year after 2016 halving we had all times high price for bitcoin and many other alts. Its too early to talk about 2020 halving, many of us expect at least the same to happen like in previous years, some people expect even more from next halving. We can say that crypto market is much more developed then in previous years, halving is a big event, and we have a lot of attention around even now. As we see halving coming closer, there will be more excitement, but just time can show what will happen!

[AakZaki]

We can't just compare previous halving in my opinion. The situation is totally different, data is still small, and it's going to be harder, I mean to totally double the price it will took lot of money to come in the market. So most probably after next year's block halving, I'm not expecting a sudden jump, the price doesn't work that way, we really need some fundamentals to really push the market to even try to get in $20k, our last all time high during the bull season.

what you say is true that Bitcoin needs Fundamental that can really push prices, because if you just look at the previous Halving history it is less effective because at that time the price was cheaper. whereas at the moment the price of bitcoin is quite high with strong fundamentals investors will trust even though the price of bitcoin is already high. so that bitcoin can really be bullish.

[yulionoo]

of course everyone hopes that bitcoin in 2020 can be bull after half-reduced in May. and many predict that bitcoin can pump like in previous years. but this is only a speculation that can be right or wrong. and the current crypto market conditions are different from the past. we can only hope that bitcoin can go to the moon next year and reach a new ATH. the market that will determine bitcoin can pump or dump.

[Hippocrypto]

We can't just compare previous halving in my opinion. The situation is totally different, data is still small, and it's going to be harder, I mean to totally double the price it will took lot of money to come in the market. So most probably after next year's block halving, I'm not expecting a sudden jump, the price doesn't work that way, we really need some fundamentals to really push the market to even try to get in $20k, our last all time high during the bull season.

what you say is true that Bitcoin needs Fundamental that can really push prices, because if you just look at the previous Halving history it is less effective because at that time the price was cheaper. whereas at the moment the price of bitcoin is quite high with strong fundamentals investors will trust even though the price of bitcoin is already high. so that bitcoin can really be bullish.

Possibly the same pattern will happen, but we need to wait further for those chances to occur. Bullish run cannot be experienced yet due to few circumstances, but still there's hope for all of us. Don't give up and always trust the ongoing development which will surprise everyone of us in the near future.

[target]

We can't just compare previous halving in my opinion. The situation is totally different, data is still small, and it's going to be harder, I mean to totally double the price it will took lot of money to come in the market. So most probably after next year's block halving, I'm not expecting a sudden jump, the price doesn't work that way, we really need some fundamentals to really push the market to even try to get in $20k, our last all time high during the bull season.

what you say is true that Bitcoin needs Fundamental that can really push prices, because if you just look at the previous Halving history it is less effective because at that time the price was cheaper. whereas at the moment the price of bitcoin is quite high with strong fundamentals investors will trust even though the price of bitcoin is already high. so that bitcoin can really be bullish.

Possibly the same pattern will happen, but we need to wait further for those chances to occur. Bullish run cannot be experienced yet due to few circumstances, but still there's hope for all of us. Don't give up and always trust the ongoing development which will surprise everyone of us in the near future.

The number of whales that had been running the show to pump and dump in the market may really delay price to go up since most of them are just trying to accumulate more BTC, snatching the coins from the ones that panic the most. You can imagine how much the marketcap could change in just few days. I really hope they all burn when someone out there going to buy the coin they dump so they will chase the price up.

[Oilacris]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

I haven't  read up the article but I shall say that bitcoin halving event outcomes wont really be similar to each other but majorities mind will always think off that shoot up
price event which cant really be blamed of since we do already saw on what happened in the past.

We might pump or not on upcoming halving but im sure it wont really be  easy as it sounds yet there would be lots of resistances that you should be broke off yet we know that
there would be lots of selling points along the way that's why im not really expecting much.

[barota]

Peolpe are waiting for this halving too much. This can cause even price drop instead

in my opinion people who waiting for halving they already buying because there is not enought time for halving starting then prices can rise much before halving and at any moment ; if people does not know what halving mean ; here i agree with you

[ololajulo]

Altcoins was fewer at that time, which indicates the probability of the pump to be higher but I cant tell the probability to double the price like in 2016 in the same month, If it does it will be for a short time before it dumps again then the momentum will turn around

[rez303]

I think this time the value of bitcoin has also increased dramatically when bitcoin halving came. because most sharks are mining bitcoin and they hold quite a lot of it. The last sell-off I think they are holding a lot of USDT and wait until the halving news started to influence, they will soon push bitcoin to a high price. The crowd will follow and continue to drive bitcoin even higher. This is a pretty good conspiracy theory that I read from a blogger on the Steemit forum.

[Omega Weapon]

I think this time the value of bitcoin has also increased dramatically when bitcoin halving came. because most sharks are mining bitcoin and they hold quite a lot of it. The last sell-off I think they are holding a lot of USDT and wait until the halving news started to influence, they will soon push bitcoin to a high price. The crowd will follow and continue to drive bitcoin even higher. This is a pretty good conspiracy theory that I read from a blogger on the Steemit forum.

I do not really believe in conspiracy theories the halving is going to have an effect in the price of bitcoin but many are expecting that this effect is going to happen immediately and the market despite its volatility doesn't move that fast, it is going to take a lot of time for us to see the effects of the bitcoin halving, if you are a short term trader then you need to be very patient and wait for your opportunity but if you are a long term trader then you have nothing to worry about except to hold your coins.

[yulionoo]

of course all bitcoin holders certainly hope that bitcoin can pump after halving in 2020 like 2016 yesterday. if we look at the price of bitcoin it always increases after halving. but I don't think anyone can guarantee whether bitcoin will increase like 2017. Because the current condition of the crypto market with 2016 is different yesterday. but I also hope that in 2021 bitcoin can reach $ 20,000 again.

[Duzter]

of course all bitcoin holders certainly hope that bitcoin can pump after halving in 2020 like 2016 yesterday. if we look at the price of bitcoin it always increases after halving. but I don't think anyone can guarantee whether bitcoin will increase like 2017. Because the current condition of the crypto market with 2016 is different yesterday. but I also hope that in 2021 bitcoin can reach $ 20,000 again.

With reference to the year 2016 we can't expect the same pattern of growth to happen this time. There was growth in 2016, and the perfect growth happened by the year 2017. By then there isn't big growth as predicted, following is the market movement of altcoins. Now more speculations were happening relative to halving, and we can know the reality only when the respective time is reached.

[Omega Weapon]

of course all bitcoin holders certainly hope that bitcoin can pump after halving in 2020 like 2016 yesterday. if we look at the price of bitcoin it always increases after halving. but I don't think anyone can guarantee whether bitcoin will increase like 2017. Because the current condition of the crypto market with 2016 is different yesterday. but I also hope that in 2021 bitcoin can reach $ 20,000 again.

I don't know why people keep believing that, it is true that the halving brought some growth the market of cryptocurrencies but the price skyrocketed at the end of 2017 not because we had the halving one year before, the price went up because at that time we got one of the most important upgrades in the history of bitcoin, the segwit upgrade allows for the lightning network to be implemented which is finally going to allow us to see the adoption that we want as we will not have to wait for minutes or even hours to get a confirmation.

[ðºÞæ]

of course all bitcoin holders certainly hope that bitcoin can pump after halving in 2020 like 2016 yesterday. if we look at the price of bitcoin it always increases after halving. but I don't think anyone can guarantee whether bitcoin will increase like 2017. Because the current condition of the crypto market with 2016 is different yesterday. but I also hope that in 2021 bitcoin can reach $ 20,000 again.

I don't know why people keep believing that, it is true that the halving brought some growth the market of cryptocurrencies but the price skyrocketed at the end of 2017 not because we had the halving one year before, the price went up because at that time we got one of the most important upgrades in the history of bitcoin, the segwit upgrade allows for the lightning network to be implemented which is finally going to allow us to see the adoption that we want as we will not have to wait for minutes or even hours to get a confirmation.

The Bitcoin Lightning Network (LNX) altcoin is unworkable in daily usage scenario unless you are a serial shopper in a particular store.
Bitcoin Core (BTC) can never be used as money at all, fees are ridiculous.