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Author Topic: Btc:Could we expect a bigger push -up?  (Read 253 times)
desertfox470
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April 09, 2020, 02:12:40 AM
 #21

Halving is near and this is the only one reason why i still a bit optimistic about btc price
Same here, I only see the price of bitcoin going up in the short term due to the halving and miners needing to use more electricity to produce more BTC technically thus raising the price. I haven't seen recently any big news that would justify the price of bitcoin to go up except for stimulus checks and the coronavirus.
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April 09, 2020, 11:52:39 AM
 #22

Of course, we can expect a bigger push for bitcoin, but that will not happen soon because bitcoin still on the way to go there. Maybe it will not occur in this month, but it will have a good opportunity to happen in the next halving. We can still be happy now because bitcoin still at the up to $7,000 so we can have more time to see the altcoin will increase again. But we don't know how long this will stay there, and we can hope that the price will rise higher than now.

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April 11, 2020, 07:44:26 AM
 #23

Of course, we can expect a bigger push for bitcoin, but that will not happen soon because bitcoin still on the way to go there. Maybe it will not occur in this month, but it will have a good opportunity to happen in the next halving. We can still be happy now because bitcoin still at the up to $7,000 so we can have more time to see the altcoin will increase again. But we don't know how long this will stay there, and we can hope that the price will rise higher than now.

   We who hold we always expect a bigger push! It's always somewhere in our mind, and sometimes
that feeling is stronger, sometimes weaker, but it's there!
   I think for now we any bigger rise is impossible due coronavirus situation. World is in crisis we never
see before, and to expect anything while it last is silly for many reasons. We need to wait this crisis to
end, to give world some time to recover, and only that big things will come!



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[15.00000000 BTC]


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Rainbot
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April 11, 2020, 08:36:15 AM
 #24

Halving is near and this is the only one reason why i still a bit optimistic about btc price
Same here, I only see the price of bitcoin going up in the short term due to the halving and miners needing to use more electricity to produce more BTC technically thus raising the price. I haven't seen recently any big news that would justify the price of bitcoin to go up except for stimulus checks and the coronavirus.

Halving does not cut the electricity output of miners, it just makes mining harder.

That is why a lot of people are saying that the price will increase since as the mining gets harder, the smaller number will be added in the supply and it is said to make the price of Bitcoin go up. Since there are still those people liquidating their cryptocurrencies because of the pandemic, I think it still has a possibility of going down but I don't think it will be that low since people will be and obviously buying Bitcoin before the halving happens.
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April 11, 2020, 08:50:37 AM
 #25

Halving is near and this is the only one reason why i still a bit optimistic about btc price
Same here, I only see the price of bitcoin going up in the short term due to the halving and miners needing to use more electricity to produce more BTC technically thus raising the price. I haven't seen recently any big news that would justify the price of bitcoin to go up except for stimulus checks and the coronavirus.

That would have been a good news for the cryptocurrency but unfortunately we are down in the price of Bitcoin and cryptocurrency general. More electricity for miners to mine Bitcoin will definitely cause the price to raise during this halving. Although, the price speculations at the moment may or may not be see quickly but maybe on a long-term. We should be excerpting the price to raise after the Bitcoin halving because the market still seem reluctant to pull up.

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