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Author Topic: The bitcoin halving to increase cryptocurrencies prices.  (Read 351 times)
KarlKanKarl (OP)
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February 23, 2020, 12:13:32 AM
Last edit: February 23, 2020, 12:25:49 AM by KarlKanKarl
 #1

 Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.

I am sure that the halving will increase price because:

1. People already anticipating for it and they are ready to invest before the halving time.

2. Bitcoin reward will halve from 12.5 to 6.25. This will cut the supply.

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

Let us expect bitcoin to surely still future increase in price this year.
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February 23, 2020, 12:22:06 AM
 #2

Please don’t beg for merits. It is degrading.

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KarlKanKarl (OP)
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February 23, 2020, 12:27:36 AM
Merited by philipma1957 (1)
 #3

Please don’t beg for merits. It is degrading.

I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.

But, hope the post is useful and interesting?
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February 23, 2020, 12:58:50 AM
 #4

Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.

I am sure that the halving will increase price because:

1. People already anticipating for it and they are ready to invest before the halving time.

2. Bitcoin reward will halve from 12.5 to 6.25. This will cut the supply.

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

Let us expect bitcoin to surely still future increase in price this year.

Halving have been increasing the price of Bitcoin from the very start,
We have seen it from the past halving events and surely people would also be anticipating it.
We have been waiting for it and it already drove the price up slightly,
And I am expecting more from it but my question is what would happen after the halving?

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February 23, 2020, 02:23:33 AM
 #5

Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.
Many are happy and you are very happy that you've created a thread like this Smiley. Can't blame you but...... yeah were happy.

Let us expect bitcoin to surely still future increase in price this year.
Many are expecting but expectations often make your feelings hurt so don't expect too  much from it Cheesy. Just create a plan/s into will you do before and after halving.
Your post is kinda interesting but not helpful Wink Nice try still.

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February 23, 2020, 04:00:06 AM
 #6

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

wrong, the bitcoin supply is constantly rising at all times as new blocks are found. this won't change after halving. the only thing that changes (halves) is the amount of new coins that can be created. so you can say the supply creation rate is reduced not the supply itself.
also demand doesn't magically increase even if supply decreased!

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February 23, 2020, 06:13:48 AM
 #7

Please don’t beg for merits. It is degrading.

LOL!!

He wants to become legendary after writing only two post. It has taken years and numerous post for me to reach this level.

Try to remain active and create intresting as well as informative post. Do not just cut, copy and paste. Write something that will actually help others.

Follow what I said and you will be credited with Merits.

Now about your topic.

Halving will only affect Bitcoin price and not all cryptocurrency. Historically before halving there is always a Bull run. Therefore keep accumulating Bitcoin and keep HODLing untill April.

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February 23, 2020, 06:43:10 AM
 #8

Let us expect bitcoin to surely still future increase in price this year.
Many are expecting but expectations often make your feelings hurt so don't expect too  much from it Cheesy. Just create a plan/s into will you do before and after halving.
Your post is kinda interesting but not helpful Wink Nice try still.
Right, Don't expect too much before and after the halving, This would bring some change but I think this event would make the situation change slowly than you are expecting. We have shown a big change after the last halving, Even me I'm really hoping that the halving event before that changed the market value of bitcoin will happen again, I will see bitcoin on news again from the hype and the investors who are coming again.

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February 23, 2020, 06:51:58 AM
 #9

This is actually the factor why bitcoin and cryptocurrency keeps on having huge price, mainly because of the people believing that halving will impact too much to the market price of bitcoin. Though, sharing information such as the event is not really that too much to wait, I think creating hype like these is better than having nothing to expect because in the first place, we, the people set the price of bitcoin based from our demands, and it's up to us whether to believe this hype or not. If yes, it is good because we can drive the market price up and if not, it doesn't really matter at all.
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February 23, 2020, 07:13:20 AM
 #10

With the halving event getting closer, I read some posts about increasing number of bitcoin related searches on google and the increasing number of scam crypto giveaways on different platforms. They're not conclusive but they somehow tells us that there's an increasing interest and/or that something big is coming (i.e. btc price pump to new ATH).




~ I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.
We have another fake newbie I guess.

But, hope the post is useful and interesting?
Read pooya87's reponse to your wrong notion of btc supply and demand.
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February 23, 2020, 08:43:27 AM
 #11

With the halving event getting closer, I read some posts about increasing number of bitcoin related searches on google and the increasing number of scam crypto giveaways on different platforms. They're not conclusive but they somehow tells us that there's an increasing interest and/or that something big is coming (i.e. btc price pump to new ATH).




~ I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.
We have another fake newbie I guess.

But, hope the post is useful and interesting?
Read pooya87's reponse to your wrong notion of btc supply and demand.

The number of bitcoin users today is increasing because we see the potential of the market value of it to make more profit by just having investment and trading. Now we are facing the market price of the bitcoin increasing again because of the halving will happen soon. What is halving first? Halving is cutting into half the supply of the bitcoin this process always happen every time, and this is one of the reasons why the market price of the bitcoin increase and now many people wants to earn more bitcoin because of the event on it the successful season of the bitcoin soon are coming. There is some prediction of the exact date of the halving, and many people are saying it will start on May 14. Some of them are saying it starts on May 18 still it will happen soon, and we have different strategies to identify the market price of the coin and also we have various techniques on how can we got a lot of market profit. Even there is a halving coming we need to have a lot of information about what is the right time it happens because we cannot just take a lot of information without any verification always make sure the authenticity of a news.

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February 23, 2020, 09:17:20 AM
 #12

Do not expect fireworks, because the past few Halvings was not that spectacular. We see a small increase in the price about a week before the actual event, when the media hype is at it's highest and then it goes down closer to the event. We also see a quick recovery to the price before the Halving, when the speculators take some profits again.  Roll Eyes

The above scenario is pure speculation too, because there might be other major events happening at the same time and we could see the influence of the Halving hype, being cancelled by the other major event. < Something like a major exchange hack or some country banning Bitcoin again >  Angry

Let's hope the other major event is something positive, so that it might boost the influence of the Halving hype.  Wink

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February 23, 2020, 09:32:01 AM
 #13

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Already the general news in the media, Bitcoin like this....Bitcoin so....In 2020, if you open a new news sheet on google.

If you know Bitcoin this year will be split, so have you bought it ...!
Unfortunately, if Bitcoin breaks the price of $------ and you only convey information, but you are not on the party list.

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February 23, 2020, 09:32:23 AM
 #14

1. People already anticipating for it and they are ready to invest before the halving time.
Btc price would not increase because people are anticipating this years halving. I may be wrong, but I have this thought going on in my head that those who are too bothered about this halving and if it will increase the bitcoin price are those bitcoiners who want just a get rich quick scheme, not a network they love, admire and want to continue using for the foreseeable future.

Do not be excited because there is a halving coming soon, be happy you are privileged to witness, use and explore all bitcoin offers during your lifetime.

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Bttzed03
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February 23, 2020, 10:40:57 AM
 #15

~
What is halving first? Halving is cutting into half the supply of the bitcoin this process always happen every time,
I think you are just as confused/misinformed as the OP. You should also read pooya87's comment above to understand what happens to bitcoin supply every halving.

Your comment is long but most of it are unrelated and irrelevant to mine.



~ Btc price would not increase because people are anticipating this years halving. I may be wrong, but I have this thought going on in my head that those who are too bothered about this halving and if it will increase the bitcoin price are those bitcoiners who want just a get rich quick scheme, not a network they love, admire and want to continue using for the foreseeable future.
~
Whatever your reason, belief or ideology, it doesn't change the fact that bitcoin's price is rising as we get closer to the halving.
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February 23, 2020, 10:56:43 AM
 #16

Even though we think that halving could be a way to increase prices, have we keep relying on this? Early Bitcoiners and crypto adopters will never look good to this and they might just consider this halving a normal event in crypto. It wasn't surprising anyway for the market to rise at any moment because of its volatility.

Anticipating the coming bullish trend because of halving is quite good to see and people keep holding by then which helps to make prices go high. And I believe that people will also be buying more even the price is high because they are seeing a possible Bullrun that could give them huge profit in the end. But I'd never think how strong they are when they see a declining price after that. Could be FOMOeng will happen again...seems to be possible.
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February 23, 2020, 12:39:02 PM
 #17

People are so dependent with halving. Expectations are already high, there are people who are even assuming that it would reach a market value of 6 digits not looking on how huge the gap is from its current market value and to think that the increase will be consistent, is definitely absurd. Let us say that there is a possibility for a price increase, it will be okay to invest at this moment, but to expect too much is another thing. I do understand why those people are assuming , because they related the previous halving to the anticipated one. I personally do not think that it would go totally the same, there is a possibility that it won't. Being ready to the drawbacks, if ever there is any, is advisable.
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February 23, 2020, 12:43:34 PM
 #18

Since the past Halving have been proven to increase the price , it decreases the amount of bitcoins in the circulation and hashes the mining reward to half , it surges up the demand and since the supply has been decreased it now causes , the price to rise drastically.
But one should understand that it might and might not be the same this time.
This time some people have predicted that Halving might not increase the price but we can already see the positive side of it , price is already rising I do think it would be the same as it was in the past , the price will rise and we just need to hold onto our coins.

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.     Debunking Bitcoin's Energy Use     .
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February 23, 2020, 01:18:09 PM
 #19

Please don’t beg for merits. It is degrading.

I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.

But, hope the post is useful and interesting?

I gave you a merit  for being polite and trying to cooperate.  So many people are just too rude.  You weren't so thank you.




The ½ ing  always shakes things up.  This one is the most interesting of all due to the huge amount of expensive mining gear mining coins.

We have more gear mining then ever.  We also have the example of last years ½ ing of LTC there was  a  drop in price of LTC after the ½ ing and a large drop in hash rate.

8 months later   the hash and the price of LTC have no fully recovered.



June 2019 146 usd price had spiked high right before the ½ ing

July  2019 ½ ing  price had dropped to 79 day or 2 after ½ ing

Dec 2019   35 usd

Feb  2020  79 usd

If BTC  follows the pattern above it will be very interesting.  

We would push close to 19 or 21k  in April

and crash hard   down to 10 or 11k

with a bottom of 5k

before coming back to 10 or 11 k   at this level a lot of gear will be powered off.

We also have two other coins BCH and BSV  they mine with the same gear as BTC  so yeah the next 40 to 100 days should be very interesting.

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February 23, 2020, 08:41:34 PM
 #20

I see that you are a newbie in this forum so that's why I want to offer you a precious advice if you decide to take it:

Do not take anything for granted in the markets and don't "expect" things to happen. Always measure things in terms of probabilities. Bitcoin halving might be priced in or maybe institutional investors will want to engineer more liqudity for themselves so they'll drive the price down. You never know who are the participants in the market exactly so why would you be "SURE" that the price will raise?
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