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Author Topic: 2020 Bitcoin halving!!! Bull run???  (Read 976 times)
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December 31, 2019, 07:34:16 PM
 #81

2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.

Pretty dumb advise. What does 2020 have to do with 2018? Was halving in 2018, or was 2 years before?  2020 will be just like 2016. Like when last halving happened. Pretty boring year with tiny slow growth. probably few pumps and dumps on the way. For sure in summer around halving and others when Chinese president will speak. But overall at end of year we will mostly see Bitcoin at like 50-100% higher price as it is right now. Great year for any asset. A boring year for Bitcoin.

I completely agree that 2018 has nothing to do with 2020 and vice versa but people like to draw connections and find patterns and similarities even there where they don't exist. But Bitcoin is not functioning that way and we don't need to make comparisons all the time with evenrs that happend in the past, that leads nowhere except to false predictions and expectations.

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December 31, 2019, 08:36:32 PM
 #82

2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.

Pretty dumb advise. What does 2020 have to do with 2018? Was halving in 2018, or was 2 years before?  2020 will be just like 2016. Like when last halving happened. Pretty boring year with tiny slow growth. probably few pumps and dumps on the way. For sure in summer around halving and others when Chinese president will speak. But overall at end of year we will mostly see Bitcoin at like 50-100% higher price as it is right now. Great year for any asset. A boring year for Bitcoin.

I think this is a good take.  Those looking to benefit from the greater fool theory should be buying continuously with their eye set on Q4 2021 to cash in.

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January 01, 2020, 07:48:49 AM
 #83

Honestly, Bull run is not my thing anymore, I just want to see Bitcoin price above 15K USD! Bull run not mean Bitcoin at 20K USD like 2017, we have to forget that pump and dump bull run! This year crypto gonna be rock, I feel positive that many big companies will come to the crypto industry and they may open the door for crypto payment! Therefore the most awaiting bitcoin halving is coming! So, overall, the crypto market can see the real bull run this year!

A bull run in Bitcoin that doesn't break the ATH is not a bull run. This may be called a fakeout Cheesy
A real Bitcoin bull run will take us to 50k if it ever happens. I believe it will because it gains support in the lows year after year and 5 years from now this low will be higher than we are now, which will give us a significant margin to move up. Bitcoin will break ATH or die, I don't think it will ever stabilize so you can expect a bull run like in 2017 somewhere in the future. Not necessarily in 2020.

Any constant continue price change can be called bull run if there's no intervention and even if we will not reach the current ATH made by the past 2017 bull run still we are lucky if we bought bitcoins more cheaper since imagine the total percentage we possibly get if the upcoming halving will bring another historic greatness next year.

Lol. A rum doesn't break ath is not a bull run??! Does this dude even know what he's talking about? You all time high is not a parameter for a bull run. It's correct that a sustained rise in price can already be considered as such. Some people just hasn't gotten over what happened in 2017 and we must accept that that kind of run mat not happen again in the future. We're all looking at a steady market movement towards our goal.

I think you are quoting the wrong post men since my point is the same to your conclusion maybe next time try to read up so that you will not miss to quote the correct post but anyways let's became open minded on possibilities since this all talks is pure prediction and we can see the final result once we are nearly at block halving month.

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January 01, 2020, 08:08:46 AM
 #84

I think there is no higher chance that bull run and expect for 2017 price will achieve this year. maybe the halving event may support the price to up but it couldn't help much to make a higher price that what we want. although it is not happening, we should not lost our hope and still hodling and purchase for lowest price if we want to make profit. 
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January 01, 2020, 08:18:24 AM
 #85

I think there is no higher chance that bull run and expect for 2017 price will achieve this year. maybe the halving event may support the price to up but it couldn't help much to make a higher price that what we want. although it is not happening, we should not lost our hope and still hodling and purchase for lowest price if we want to make profit. 

It takes process and all aiming to see something good to be happen when bull run occurs but it's good thing to see really that there's a slow growth since meaning the halving slowly taking it's effect and maybe we cannot see some good growth for this year but maybe in year 2021 we can see the massive price bull run(but this is just a speculation so don't take it seriously).

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January 01, 2020, 08:41:55 AM
 #86

Bitcoin halving surely would be as expected, a new ATH is definitely going to be the case_for me there's no cause for alarm.
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January 01, 2020, 09:04:10 AM
 #87

Do you know how to identify a bullish market? It is simply using 100 moving average. If the 100 moving average strikes down the price where it act as support then it is now the start of bullish market. The halving may affect the trend of the market. I do not want prediction and I just want to rely on current situation. My decision will also depend on what will happen in the price of the bitcoin. But one thing is sure, there will be an effect to the price of bitcoin after the halving.
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January 01, 2020, 10:12:52 AM
Merited by El duderino_ (2)
 #88

"The halving is slready priced in". The statement that you should be telling everyone, if you actually wanted to buy in in a cheaper price to HODL. Cool

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January 01, 2020, 01:07:37 PM
 #89

Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes,  we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish. 




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January 01, 2020, 07:11:34 PM
 #90

Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes,  we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish. 

Previous halvings didn't have effects on the price right after the halving, only after some time, to be accurate 6+ months, we saw the the price rising. I think we will have similar situation this year, after the halving minimum 6 months is January 2021, it the time when bitcoin price will have some significant increase, everything before that will be classic volatility in this range where are we now, between 7 and 9 thousand dollars. I'm sure that next year we will see the price rising over 10k, but that will be just temporary.

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January 01, 2020, 09:16:58 PM
 #91

I guess Bitfinex can't print so many tethers

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)

People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set. That it was all fake and won't ever happen again, but it did. I hope the next bull run will be all natural instead of a speculative bubbles like 2013 and 2017, but I believe it will happen.

Any constant continue price change can be called bull run if there's no intervention and even if we will not reach the current ATH made by the past 2017 bull run still we are lucky if we bought bitcoins more cheaper since imagine the total percentage we possibly get if the upcoming halving will bring another historic greatness next year.

Does that mean a constant price change that we've witnessed in 2018 can also be called a bull run? For over a year we were going from 20k to 3k. It fits your definition. Wink
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January 02, 2020, 07:18:25 AM
 #92

"The halving is slready priced in". The statement that you should be telling everyone, if you actually wanted to buy in in a cheaper price to HODL

You can price in expectations but not real change in coin supply

This is not to say that the coming halving will necessarily trigger a massive surge in prices. But if it will not, this will be due to the mostly negligible effect of the next reward halving on the total supply of coins. Don't forget that halving is intended to work and does actually work in line with the law of diminishing returns

With each halving coming along and by, the reward gets diminished until there is virtually nothing left to diminish further (we are still far from that but you get the point). And thus no mind-boggling and earth-shattering effect on prices should be expected that would come about specifically because of the decrease in the supply of new coins

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)

People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set. That it was all fake and won't ever happen again, but it did. I hope the next bull run will be all natural instead of a speculative bubbles like 2013 and 2017, but I believe it will happen

To be exact, people were saying quite different things in 2015 and 2019. Just in case, tethers emerged only in April 2017, if I'm not mistaken

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January 02, 2020, 09:12:43 AM
 #93

Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes,  we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish. 

Previous halvings didn't have effects on the price right after the halving, only after some time, to be accurate 6+ months, we saw the the price rising. I think we will have similar situation this year, after the halving minimum 6 months is January 2021, it the time when bitcoin price will have some significant increase, everything before that will be classic volatility in this range where are we now, between 7 and 9 thousand dollars. I'm sure that next year we will see the price rising over 10k, but that will be just temporary.

To much expectation coming and people want to see some immediate increase since for sure they have lose more money from the unexpected long streak of bearish market and hopefully all of this predictions are right so that we have time to recover the loses we encounter for the past years, And I believe to many people get anxious by now since market still striking them down.

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January 02, 2020, 09:44:12 AM
Merited by darkangel11 (1)
 #94

Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)
People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set.
To be exact, people were saying quite different things in 2015 and 2019. Just in case, tethers emerged only in April 2017, if I'm not mistaken

Tether emerged in 2014, though it wasn't until 2017 that it blew up in popularity and market cap.

He's talking about the Willy Bot. People said the 2013 bubble was "fake" because the Willy Bot supposedly pumped the market up. Sort of like now, how people say the 2017 bubble was "fake" because of Tether printing.

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too. Tongue

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January 02, 2020, 09:11:46 PM
 #95

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too

The most important thing is that it should be in the first place

Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what? Ask me and I'll tell you that any bubble is inherently fake. Also, I've heard rumors that a certain NYAG is looking into this matter now, apart from the two class actions filed on essentially the same assumption. Or should I better say accusation? As they say, what goes around comes about

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January 02, 2020, 10:52:15 PM
 #96

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too

The most important thing is that it should be in the first place

Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what? Ask me and I'll tell you that any bubble is inherently fake. Also, I've heard rumors that a certain NYAG is looking into this matter now, apart from the two class actions filed on essentially the same assumption. Or should I better say accusation? As they say, what goes around comes about

Yes, exponential run-ups are always "fake" to some extent because after certain point like 40% of the slope people turn their thinking off. First it's all about analysing the charts, not going all in, taking profits, but once it's up 500% and you were taking profits every 50 you go all crazy. I'm not saying "you" in particular but most people. They sell their houses and take loans to get more money to exchanges thinking that it's going to be up 100% next week and then another 100% after that.
Does that mean we shouldn't count all time highs? No. Does that mean there won't be another ATH? No! Fake doesn't erase that it happened and that it will happen again because of how people are.
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January 02, 2020, 11:38:25 PM
 #97

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what?

The price action. Take the 2013 bubble. It started going parabolic around $12. After the bubble popped, the price never returned below $150.

If all that demand were "fake" then why did price never return to $12 and below? Clearly between 2013 and 2015, real demand had increased significantly to keep prices so high.

You can run the same exercise with the 2017 bubble. If it were "fake" then why is the market trading at $7K right now? Why not sub-$1200, or $0?

Ask me and I'll tell you that any bubble is inherently fake.

I disagree. Real buyers meeting real sellers on the order book is as real as it gets. That's real price discovery, which is all that matters.

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January 03, 2020, 07:32:57 AM
 #98

I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what?

The price action. Take the 2013 bubble. It started going parabolic around $12. After the bubble popped, the price never returned below $150.

If all that demand were "fake" then why did price never return to $12 and below? Clearly between 2013 and 2015, real demand had increased significantly to keep prices so high

I mostly agree with this observation

I had been sticking around back in the day. In fact, I got to know crypto since October 2013 (due to Coinbase ads all over the place), and I'm 100% sure that I was not the only one who became aware of Bitcoin around that time (as it had been only about Bitcoin at the time). So the 2013 rally was definitely due to explosive demand, some part of which stayed after Billy had kicked the bucket

You can run the same exercise with the 2017 bubble. If it were "fake" then why is the market trading at $7K right now? Why not sub-$1200, or $0?

This is where I tend to disagree

If we analyze the price action in 2015-2017, we will see that Bitcoin started to rise in the fall of 2015 from below 200 dollars. Then halving had come, and the real price action began in late 2016 and early 2017, i.e. before Bitfinex started to pump the market with tethers. And in late 2018 we crashed to lower 3k's, basically to square one if you ask me (read, we shouldn't really take current prices as a point of reference) 

I disagree. Real buyers meeting real sellers on the order book is as real as it gets. That's real price discovery, which is all that matters

You don't know if the demand is real. Besides, even if it is, it doesn't mean that the growth is not speculative in and of itself, which is what makes it a bubble

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January 03, 2020, 08:27:59 AM
 #99

Give positive effect for bitcoin halving because many investor have claimed bitcoin will go to the moon when halving come, I will invest with bitcoin now and sell after bitcoin halving before one week. Every four year bitcoin halving time give effect for bitcoin have higher price but when you not really trust with bitcoin halving just wait and see about bitcoin and altcoin price.

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January 03, 2020, 02:10:14 PM
 #100

That is pure fundamental and sentiment analysis. Many opinions in the cryptocurrency market that keep saying that the bitcoin can have a strong upward move after the halving. It is just their prediction and we should not fully rely on it. Yes the feature will be improved but we are still do not know if there will be an effect to the supply and the demand of the bitcoin in the market.
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