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Author Topic: Bitcoin Halving Priced In: Analyst Weighs the Evidence  (Read 150 times)
DreamStage (OP)
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January 07, 2020, 04:37:04 PM
 #1

The number of new Bitcoin added to the digital asset’s circulating supply is due to decrease this year. Many investors and industry commentators believe the sudden contraction of Bitcoin released every 10 minutes will result in the price increasing.

However, others argue that, since the information about the halving is well known, the market has already responded to the event. Therefore, they hold that there will be no such sudden increase in the price in May of this year.

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Yet again the question arises to the following statement: Will or not price rise way further than previous historical data?

In my opinion i do believe it will grow even further since the price is already at $7.900 and going strong.

Overall it will eventually become higher as miners will find it more difficult for mining therefore increasing their prices for such efforts.

What do you think it is going to happen? No change or an increased price value once more?

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Linkkoin
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January 07, 2020, 04:47:57 PM
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Here at Linkkoin, we are bullish - but we do not expect the price to go up 1000% like it was with Litecoin last year. But getting close to ATH is a very possible scenario, especially if the hype will be spread on the sources of news which are not focused only on cryptocurrencies.

Still, for us, there is one important question - how low will BTC go with after-halving correction?

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ChrisPop
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January 07, 2020, 05:03:52 PM
 #3

The information is well-known in advance obviously, but miners won't actually feel the diminished return only until after the halvening. Let's not underestimate a future situation with when it becomes an actual reality. The psychological implications are big especially when something decreases by 50%.

My personal opinion is that Bitcoin price is still a bargain at these levels in comparison which its potential therefore the risk:reward ratio is very good.
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January 07, 2020, 05:18:22 PM
 #4



Miners will definitely sell for higher price if lesser BTC are mined per block. The price has to be worth selling for they are going to be paying bills otherwise their farm will suffer loss. 2 years of bear market, another year of bear is going to give new investors hopelessness already. Its time to see the rise, the world sees BTC as a hedge whenever tension happens and halving will be profitable for all.

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Darooghe
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January 08, 2020, 01:15:41 PM
 #5

I think all halvenings are priced in because that's public knowledge. When people go to the market to buy or sell, the halvenings are part of the common pool of facts known about BTC that people draw from to make their market decisions. If halvenings aren't priced in, you're saying that people are willfully ignoring the fact that block rewards will go down and not thinking about that when they decide if they want to buy or sell their BTC.
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