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mk4
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February 20, 2020, 12:16:31 PM Merited by LFC_Bitcoin (1) |
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$crypto$
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February 21, 2020, 04:22:31 AM |
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There have been many predictions about bitcoin that will be approaching halving in May, but there is a lot of positive speculation about the positive. We know that a few weeks ago the market was pumped up until many of the top altcoins returned to their original prices, now we are currently being corrected or stopped shortly after yesterday the market is red again but now it has also recovered but bitcoin cannot touch $ 10k yet. One time bitcoin will definitely fly to the moon again.
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GreatArkansas
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February 21, 2020, 06:06:54 AM |
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As we all know that Bitcoin Block Halving will make reduce the rewards for every miner. As you can see on this chart, previous bitcoin block halvings also were seen here. What on my speculation is for every block halving we are achieving new all-time-high. So it's kinda expected to see another all-time-high after the block halving, not before the upcoming block halving.
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bhabygrim
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February 21, 2020, 07:20:05 AM |
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Most of the TA's are giving a positive prediction about the halving. So I guess most of us are also thinking of the samething halving would definitely get the BTC price to the moon again. I think we don't need some speculation about the halving price increase it should be a speculation about how much would it be before and after the halving.
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bgaf
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February 21, 2020, 07:46:15 AM |
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now we are currently being corrected or stopped shortly after yesterday the market is red again but now it has also recovered but bitcoin cannot touch $ 10k yet.
This is inevitable plus the correction might probably due to the down of Binance Exchange last night. Volume has been decreased as one of the top exchange creating liquidity and volume is down, of course it will really affect on the downfall. 10k will be reach again soon, as gaps has been filled on 9.7k level already. Waiting for some new waves. So it's kinda expected to see another all-time-high after the block halving, not before the upcoming block halving. Hope your prediction would be true. Yet as breaking the all time high of 20k is a tough one IMO. Also I dont recall that the pump was due to the halving too but someone pump it and make the bitcoin bubble effect on the whole market.
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sunsilk
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February 21, 2020, 08:03:01 AM |
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I think we had enough threads for the halving. As pointed by mk4, we should stick to the old ones and continue discussing there and when the halving's totally near, there will be more of it so discussions will be spread through several threads if we keep doing this.
Just saying.
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plvbob0070
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February 21, 2020, 08:27:52 AM Last edit: February 21, 2020, 09:18:47 AM by plvbob0070 |
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Most of the TA's are giving a positive prediction about the halving. So I guess most of us are also thinking of the samething halving would definitely get the BTC price to the moon again. I think we don't need some speculation about the halving price increase it should be a speculation about how much would it be before and after the halving.
Same with the others, most of the predictions that I have seen so far are on pumping side and they totally waiting for this moment. Even we create different speculations about the price of bitcoin still the result can change and the outcome of halving is still unknown, it's either go upward or downward. I'm also on the pumping side of bitcoin, but I don't expect too much about the price and I guess I will keep on holding my bitcoin until it reaches again it's ATH. Speaking of to the moon again, I guess we can definitely experience the bull run but it will take a months or years after the halving.
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thisnewcoin
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February 21, 2020, 12:33:09 PM |
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We have been seeing many predictions since the last year! This will not gonna end until the having comes, but to be honest I already stopped following these predictions and keep saying myself that don't get overhyped, do whatever you were doing all these times. I believe Bitcoin price will increase because of Halving impact, but that won't be a skyrocket type in this year, halving can effect on price in 2021!
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xvids
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February 21, 2020, 12:41:46 PM |
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There is a great possibility that this could really happen. In the past halving the price of BTC always goes up. This isn't something new but I think we would also see a great price correction after the halving.
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Jating
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February 21, 2020, 02:04:32 PM |
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Personally I don't discard this possibility! I guess everyone has the same outlook as yours, we wanted to see the price goes to the moon again, if we ever see an eventually bull-run right after the halving. But you have to remember that we won't see a big jump overnight, as it make take some time to fully see the price going into another all-time-high. And getting into a new all-time-high might take some time though, as compare to the last bull run. So what we need to do? Patience, and be control of our emotions as we might go to a series of retracement every time before we can finally achieve the peak price of bitcoin.
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el kaka22
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February 21, 2020, 02:42:25 PM |
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From the chart that Great Arkansas showed, I think the biggest issue I see there is the 10 million that was printed way before anyone actually joined. Most people joined during the 2017 peak and one of the main reasons why bitcoin mining didn't see the attention GPU mining did all because basically over 70% of all coins were mined anyway and people didn't feel the need to be part of something that looks like going lower and lower instead of profiting them.
If it started out with 4 million went down to 2 million then to 1 million and now to 500k and continued like that in order to make it a longer stretch that would actually make bitcoin a lot more profitable, we would have 7.5 million bitcoin mined only right now instead of over 18 million or whatever it is right now.
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bitbunnny
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February 21, 2020, 02:52:52 PM |
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As halving approaches I guess we'll have a flood of different predictions and possible disinformations too. To be honest I don't want to know much about predictions, that only makes confusion.and very often leads users to make wrong or too risky decisions. I don't expect much from halving. There is a possibility to have some positive effect on price, however I don't expect some huge and long term growth.
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Divinespark
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February 21, 2020, 02:58:33 PM |
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I have seen hundreds of predictions about Bitcoin price this year, and I am sick of seeing it again. The price of bitcoin will certainly increase this year but we cannot know its exact price. So stop anticipating it, just invest and wait. Surely we will succeed and profit
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DoublerHunter
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February 21, 2020, 04:17:46 PM |
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I have seen hundreds of predictions about Bitcoin price this year, and I am sick of seeing it again. The price of bitcoin will certainly increase this year but we cannot know its exact price. So stop anticipating it, just invest and wait. Surely we will succeed and profit ^ Just because we are free to make our own prediction, simply flatten the chart of Bitcoin price and draw what is your mind will gonna happen on the said date when Bitcoin reward halving comes. I have seen many threads talking about Bitcoin halving and different TA about this, but for sure I never doubt that Bitcoin will hit to $20k before the 3rd quarter of this year. Nevertheless, it a good decision if we will wait what will happen next and always be ready, let us just wait time will reveal the truth.
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snipie
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February 21, 2020, 06:47:58 PM |
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Wonder know how many read this post... Posting in duplicated^n topic over and over is silly especially if someone has mentioned this just after OP. Can i suggest to move it to the archival instead..
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YuginKadoya
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February 21, 2020, 09:03:42 PM |
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Right now the price is pretty decent we are still in the $9,704.86 USD the price did reach the height of $10,000 USD but as the price progress I am very sure that it will not continue in increasing because of the Halving will fall on the month of May but I am expecting a great hype over the month of April by the time the Halving is near its course, I think the price is just readying itself to be launch on a significant new all-time high and the month of April will be very optimistic in my opinion.
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sayaya17
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February 21, 2020, 10:23:16 PM |
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I have confidence that bitcoin will return to the moon and have the latest ATH, but maybe this takes process and time, maybe after halving, it could be achieved with a long or short time. But seeing the market now the response is still positive with the increase in bitcoin and altcoin, this might be a sign if going to the moon.
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Saisher
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February 22, 2020, 04:31:48 AM |
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There's so much prediction and speculation, now that we are heading to the halving, it's ok to do predictions everyone can do that some predictions are over the moon, some moderate but the bottom line is we only get to know who got the right one a few months after the halving, I know the price will increase that's for sure.
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adaseb
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February 22, 2020, 05:23:46 AM |
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What I think will happen is very similar to what happened during the LTC halving we had earlier.
I think we will keep rallying up until the halving, no idea what price though. But we might hit the high of June 2019, and right after the halving we will get a sell-off. And we won't hit a new ATH until 2021 or so.
Why? Because there are too many people who are way too bullish on this bitcoin halving. Everybody expects BTC to go up due to the halving and most likely the complete opposite will happen as usual.
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