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Author Topic: Bitcoin halving.  (Read 774 times)
abdulfatah.busari (OP)
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January 27, 2020, 11:02:50 PM
 #1

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?


BTCCheersBTC

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January 27, 2020, 11:52:56 PM
Merited by The Sceptical Chymist (2)
 #2

I'm going for two scenarios: Bitcoin will either go through the same cycle it went in 2016 & 2012 or this time would be different.

I believe there might be a difference due to the wave of new investors. We've got +1M addresses still holding their coins... so when the next cycle comes, these address might become active. If they do, it'll probably be a huge selloff from those who invested @20k.

On the other side, it could go through the past cycles which means a parabolic price increase followed by a bear market for a long term.. I'm ready for both scenarios anyway. I'll just accumulate alts & BTC and be ready to ride the next cycle the right way. Grin
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January 28, 2020, 12:11:18 AM
 #3

I suspect that a lot of people who invested money into crypto around the end of 2017 will have probably cashed out already.

It takes some strong hands to hodl from those highs. That said, anyone who already sold may have already bought back in to try recoup their losses.

I believe there might be a difference due to the wave of new investors. We've got +1M addresses still holding their coins... so when the next cycle comes, these address might become active. If they do, it'll probably be a huge selloff from those who invested @20k.

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January 28, 2020, 12:27:59 AM
 #4

Yes it will be going to happen this year around June. after bitcoin halving we can expect the one more time bitcoin can be reach again all time high. because we can see how pervious bitcoin halving has gives very good move for bitcoins and crypto market.

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January 28, 2020, 12:39:49 AM
 #5

Bitcoin has now gone over 2 years since the all-time high, so I expect this year will be exceptionally exciting for the community. Let's enjoy the ride. Smiley
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January 28, 2020, 01:01:22 AM
 #6

People like me expect increase in the price of bitcoin. With less supply and more demand in the market will make bitcoin pump and surely it will results to more investors to be attracted and invest in it. Hopefully this year will be another year for cryptos just like what happened on the year 2017.
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January 28, 2020, 01:01:40 AM
 #7

I think bitcoin's price will be affected for sure like in each halving that it happened before. We just noticed that before the halving bitcoin's price decrease and then increase hugely after the halving so that's what probably happen for this year too. I don't expect a big bump of price though, but I just think that bitcoin will increase till 15k after few weeks of the halving and maybe it reaches the 20k$ by the end of 2020 and it will be stable at this range for a few months till it will increase again in 2021, this is my opinion about the halving and bitcoin's movements predictions.
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January 28, 2020, 02:40:53 AM
 #8

What do you make up of that event?
Holding is the plan for that event.

What do you think It is gonna be its effect in the price.?
I think the price will go up, just like happens on the past halving.

Will you suggest accumulation of bitcoin before the event?
accumulate the bigger amount you can, it will be a nice wave to ride.

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January 28, 2020, 03:04:35 AM
 #9

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
i am advanced on this event mate because i acumulate in the beginning of 4rth quarter last year when the market fells down and Bitcoin falls to $6,000 level and that is advantage,because now that the value is above $9k?definitely that is what we called profit
What do you think It is gonna be its effect in the price.?
of course Growth and nothing else else more.
Will you suggest accumulation of bitcoin before the event?


BTCCheersBTC
alwats accumulate when we have time and that must be the nature of being Bitcoin investors,not only when there is event coming but when chances are with us.

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January 28, 2020, 03:04:50 AM
 #10

At the past 2 halvings, the price of Bitcoin has increase dramatically.  I know history does not necessarily mean the same thing will happen again, but it just makes sense that as the mining reward decreases, the price increases.

 
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January 28, 2020, 03:10:26 AM
 #11

At the past 2 halvings, the price of Bitcoin has increase dramatically.  I know history does not necessarily mean the same thing will happen again, but it just makes sense that as the mining reward decreases, the price increases.

History plays a big role in the future events. Like for instance, the past halvings had a good impact in the market boosting the marketcap to reach new price high's specifically Bitcoin. Investors and traders will expect the same would happen, thus accumulating more would give them the mentality of harvesting good profit. This will become a trend everytime the BTC halving comes every 4 years as long as it will leave positive impact in the market.

R


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January 28, 2020, 03:13:18 AM
 #12

Yes it will be going to happen this year around June. after bitcoin halving we can expect the one more time bitcoin can be reach again all time high. because we can see how pervious bitcoin halving has gives very good move for bitcoins and crypto market.

May, not June.

As far as the fiat price goes, unchanged or increased demand and a decrease of new supply, should lead to a higher price eventually. Whether that is before the halving due to anticipation or months after the halving due to the anticipation already occurring is anyone's guess.  In short, no one knows, it is just guessing.
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January 28, 2020, 04:30:16 AM
 #13

Yes it will be going to happen this year around June. after bitcoin halving we can expect the one more time bitcoin can be reach again all time high. because we can see how pervious bitcoin halving has gives very good move for bitcoins and crypto market.

May, not June.

As far as the fiat price goes, unchanged or increased demand and a decrease of new supply, should lead to a higher price eventually. Whether that is before the halving due to anticipation or months after the halving due to the anticipation already occurring is anyone's guess.  In short, no one knows, it is just guessing.
Bitcoin halving in middle May and looks become good moment see bitcoin on the top price, we got bigger time with bitcoin and altcoin back to their place on higher price for giving optimist to many investors have been long time holding bitcoin and altcoin, I think when halving time bitcoin can back to higher price.
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January 28, 2020, 04:50:43 AM
 #14

if we talk about halving then its related to bitcoin supply. While its gets less by half per block, it will affect surely but not taking so fast since it needs time for people to know that supply gets cut and if demand gets rise, the price will be going up too. That's the scenario we know, but u know something not always people think. In 2016 it needs about a year to make a movement, in 2012 too more or less. So don't assume it will get rocket as soon halving arrive.
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January 28, 2020, 05:07:48 AM
 #15

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?
BTCCheersBTC
Actually it is very obvious that bitcoin is coming this year 2020 as if it always happen every 4 years of the bitcoin or of the cryptocurrency. This probably means that the halving is always happening to control the distribution of the bitcoin all over the world and also to maintain the approximate mining of bitcoins by the miners all over the world.
It definitely affect the price and value of bitcoin because there will be a large impact of it in the liquidity of bitcoin and also to the price as we can see what is happening right now in the current market.



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peter0425
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January 28, 2020, 05:16:40 AM
 #16

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
spreads the word for my friends and family since last year so they will be ready for this event and buy as much they can afford to lose.
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?


BTCCheersBTC

as many says,it will Grow this year that is i i suggest everyone that supports Bitcoin to accumulate now or be late for the profits.









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Mars,           
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ElonCoin.org.
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.
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happen or be a part of it"

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January 28, 2020, 05:30:31 AM
 #17

as much as i read about it... it will result in growing price
GreatArkansas
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January 28, 2020, 05:45:24 AM
 #18

If we compare the upcoming block halving of Bitcoin to its previous halvings. This 2020 block halving Bitcoin is not so possible to reach a new all-time high.
If you check previous block halvings, we already see huge upward price actions months before the halvings like 5-10 months before the block halvings.
But now, if we can see, almost 4 months left before halving but we are still on almost half of its all-time-high price.
I am still positive on Bitcoin, even if we don't reach the all-time-high this upcoming block halving, It's okay for me.
bounceback
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January 28, 2020, 06:16:57 AM
 #19

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

halving will certainly happen this year because historically half happened every 4 years, so I personally and other investors have previously bought a bit of bitcoin to prepare it because I am sure that when this event occurs, the price of bitcoin will rise to the highest level of all time and set a record new in the world of bitcoin.

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d.kevin29
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January 28, 2020, 07:50:57 AM
 #20

I suspect that a lot of people who invested money into crypto around the end of 2017 will have probably cashed out already.

It takes some strong hands to hodl from those highs. That said, anyone who already sold may have already bought back in to try recoup their losses.

All my friends who've bought in late 2017 haven't sold their BTC, nor have they bought more. I wonder how many of these many addresses holding since 2017 have had any BTC received since then.

I think holding happens more often than selling when a price crash occurs. My friends' mentality is "I'll wait until the price rebounds to an ATH to recover my loss", rather than "Let's buy more to lower the average BTC price I invested at". Remember, many of the late 2017 investors have put their money in BTC hoping to get rich overnight. Unless you sell, you still haven't lost anything basically. You still own the same amount of BTC. This is speaking from my real life experience though, anyone else's could be different..
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