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Author Topic: Can bitcoin halving make cryptocurrencies reach all time high again?  (Read 2283 times)
jossiel
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February 28, 2020, 10:53:01 PM
 #41

I am not expecting something extravagant to happen within this year but the booming might occur by 2021, this is based on my opinion so there's no need to argue if someone doesn't agree with that.  Tongue

The example that we have of halving last year for Litecoin didn't do much but it's an unfair comparison because it's Litecoin and we're comparing it to bitcoin. That's an orange and an apple comparison.

Lately, I've been looking for something interesting to read on the web, sub-reddits, YouTube channels and what I have seen so far is that everyone is starting to become bullish. And I remember, someone said that when everyone reacts like this, it's sort of scary.
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February 28, 2020, 11:00:55 PM
 #42

To be frank, i am indeed worried about the bitcoin havling, because the hypes, the reliance and the over confidence that it will allow another massive bitcoin market is what makes me nervous.

Will the bitcoin halving actually cause the growth ?
Or will the hype of the halving not have a significant sign ?

I will love to be educated more.
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February 29, 2020, 06:44:49 PM
 #43

I think you need to understand that what you have here is not in any way an analysis, you just wrote a post that doesn’t in any way look like analysis. That the price will go up is just a speculation that people, they are not ready sure about.

Some people are saying that the price will go up because the price went up after the last two Halving, so for them that automatically means that this time around the same thing is going to happen again. And you’re also landing at the same point, and yes you’re right about FOMO, sometimes it can have an effect on the price and cause it to rise. A lot of people will start rushing into it and that will cause price to spike.
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February 29, 2020, 10:05:03 PM
 #44

There is a possibility for crypto to reach a new all-time high since the previous bitcoin halving gives positive outcomes to every cryptocurrency in the market but we should not expect too much. There are still some chances that the opposite of what we have experienced before will be the final result.



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February 29, 2020, 10:49:18 PM
 #45

I am not expecting something extravagant to happen within this year but the booming might occur by 2021, this is based on my opinion so there's no need to argue if someone doesn't agree with that.  Tongue
The example that we have of halving last year for Litecoin didn't do much but it's an unfair comparison because it's Litecoin and we're comparing it to bitcoin. That's an orange and an apple comparison.
Lately, I've been looking for something interesting to read on the web, sub-reddits, YouTube channels and what I have seen so far is that everyone is starting to become bullish. And I remember, someone said that when everyone reacts like this, it's sort of scary.
In my opinion the end of 2020 will be a high bounce, but usually, it will be preceded by a considerable decrease in reaching the floor then bouncing through the roof. I'm not a technical analyst so I can't give a specific picture of where the crucial points are. But fundamentally, the hype created by the news, interest, etc. is very influential, it is almost certain that this will have a positive effect on the market, including altcoin, especially since the history of the previous halving period is pretty good. So most crypto enthusiasts start to take positions to get the right moment.

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February 29, 2020, 11:31:37 PM
 #46

There is a possibility that it can reach a new ATH but at the same time, I have a feeling that it will go the other way around.

What I'm trying to say is whatever happens after Bitcoin halving, lets just be prepared for it because we don't what can happen. We saw in the past years whenever Bitcoin halving happens, price of Bitcoin surges and after that a small correction happened so there is a chance that "history repeats itself" will happen or it will not.

For me, I'm not expecting too much on Bitcoin. I will just stay still and wait for my target selling price.

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March 01, 2020, 04:37:17 AM
 #47

Although currently the price of bitcoin has decreased, but I personally still believe that bitcoin halving is making prices reach all time high.
Especially if we look at the history of two halving bitcoins which before its successfully made the price of bitcoin rise to the top. So  from that,
with market conditions like now I do not feel hesitant to invest in bitcoin. Because I believe the potential of bitcoin is very large.So you will not
hesitate to invest in bitcoin, by collecting BTC until now. And hope that when bitcoin halving happens the price goes up, and we can enjoy big profits.

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March 01, 2020, 10:49:12 AM
 #48

There is big difference between expectation and reality.

Historically halving have always increased the Fiat value of Bitcoin but this time I do not think this will happen. Thee are many reason related to my assumption. One of the major one is Litecoin halving.it did not create a huge price spike, I expect the same with Bitcoin this year.

Our expectation is a Bull run but in reality we are again in bear market.

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March 01, 2020, 12:06:28 PM
 #49

It may happen. It was huge speculations and huge and continuous flow in of the investors coupled with some whales that made the price of bitcoin continuously went up few years back. But all the same, there are mere talks we do not know and we can't be certain until the time comes. I understand this has become one of the trending news about crypto now but whatever happens. I think we can learn one or two things from it.
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March 01, 2020, 05:23:59 PM
 #50

There is a possibility for crypto to reach a new all-time high since the previous bitcoin halving gives positive outcomes to every cryptocurrency in the market but we should not expect too much. There are still some chances that the opposite of what we have experienced before will be the final result.

I don't really mind what this year's halving could do with the prices but as for the past halving patterns most likely if this is the third then 33% of chances will be similar from the previous ones. Expectations are high this year as this is the year after bitcoin reached its all time high last 2017, actually this is the most anticipated year as bitcoin's price are expected to exceed its ATH. If there is massive pump that is coming to the crypto space then it will give a vey huge impact to the real world and will help a fast growing mass adoption.
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March 01, 2020, 05:48:12 PM
 #51

Although currently the price of bitcoin has decreased, but I personally still believe that bitcoin halving is making prices reach all time high.
Especially if we look at the history of two halving bitcoins which before its successfully made the price of bitcoin rise to the top. So  from that,
with market conditions like now I do not feel hesitant to invest in bitcoin. Because I believe the potential of bitcoin is very large.So you will not
hesitate to invest in bitcoin, by collecting BTC until now. And hope that when bitcoin halving happens the price goes up, and we can enjoy big profits.

You are right, when we have a look on the past two Halvings it looks like it may boom again according to my prediction. BTC has rallied huge pumps in the last two Halvings and I believe it will continue to maintain the same this season as well, BTC always performs in it's Halving and hopefully it will skyrocket again.

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March 01, 2020, 05:52:23 PM
 #52

A lot of people still believing it it. But this stupid virus can change the game

Corona virus has nothing much to do with crypto when it comes to it's fluctuations there might be temporary effects. Yes there are always possibilities of reaching ATH and there is a lot of hope on halving for the fact that it will reduce the supply thus pumping up the demand which will increase the Bitcoin value.

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March 01, 2020, 06:10:34 PM
 #53

As a matter of fact we did see some ups and downs in the price but at the same time we cannot predict anything.
In the past as a matter of fact , price did rise and it wasn't something that was 1-2% increase it was more than enough to make people millionaires overnight .
But one should understand that Cryptocurrencies never go according to a formula , no one can predict how the time is gonna change the course .
Therefore it can but at the same time maybe it won't.
God knows ... Or maybe even he is betting on this matter .
Of course, we cannot predict what's gonna happen after that but bitcoin halving can make a great impact on the market. We all know that cryptocurrency is volatile in terms of prices, it is changing time by time when there's transaction happened. We just need to wait what's gonna happen when bitcoin halving occurs. As of now, we just need to keep our token and wait if the bull run will happen, it is good for us, if not just keep on holding because I am believing there's no end to cryptocurrency, what I mean is that there is no such thing that the growth of every cryptocurrency will be stopped.
 
Although currently the price of bitcoin has decreased, but I personally still believe that bitcoin halving is making prices reach all time high.
Especially if we look at the history of two halving bitcoins which before its successfully made the price of bitcoin rise to the top. So  from that,
with market conditions like now I do not feel hesitant to invest in bitcoin. Because I believe the potential of bitcoin is very large.So you will not
hesitate to invest in bitcoin, by collecting BTC until now. And hope that when bitcoin halving happens the price goes up, and we can enjoy big profits.

You are right, when we have a look on the past two Halvings it looks like it may boom again according to my prediction. BTC has rallied huge pumps in the last two Halvings and I believe it will continue to maintain the same this season as well, BTC always performs in it's Halving and hopefully it will skyrocket again.
We do not know what's gonna happen on this year's halving but if that's the case we should wait for that to happen and buy some bitcoin to hold. It is still risky because speculation like that is not to be followed easily. We are all wishing that after halving, bull run will happen, let's just wait and keep on supporting projects as of now.

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March 01, 2020, 06:19:28 PM
 #54

Of course, halving should positively affect the fate of Bitcoin.
Personally, I think that the price will reach the mark of 50 thousand dollars by 2021.

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March 01, 2020, 11:26:56 PM
 #55

I am not expecting something extravagant to happen within this year but the booming might occur by 2021, this is based on my opinion so there's no need to argue if someone doesn't agree with that.  Tongue
The example that we have of halving last year for Litecoin didn't do much but it's an unfair comparison because it's Litecoin and we're comparing it to bitcoin. That's an orange and an apple comparison.
Lately, I've been looking for something interesting to read on the web, sub-reddits, YouTube channels and what I have seen so far is that everyone is starting to become bullish. And I remember, someone said that when everyone reacts like this, it's sort of scary.
In my opinion the end of 2020 will be a high bounce, but usually, it will be preceded by a considerable decrease in reaching the floor then bouncing through the roof. I'm not a technical analyst so I can't give a specific picture of where the crucial points are. But fundamentally, the hype created by the news, interest, etc. is very influential, it is almost certain that this will have a positive effect on the market, including altcoin, especially since the history of the previous halving period is pretty good. So most crypto enthusiasts start to take positions to get the right moment.
There is no doubt the wave that these outlets create, the news and other mediums that make the people emotional and make them decide whether to buy or not. But with what we know as for the halving, this will result in scarcity not just for this upcoming but for the next one and so on.

It's ok if you think that end of this year will be the bouncing but I don't really it is and I'm not convinced.
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March 01, 2020, 11:50:24 PM
 #56

We are all been optimistic and being hopeful for this year but then, we can't make any assurance that would give a hundred percent market recovery and see a skyrocketed price back then. The market still on the volatility which we aren't able to see a continuous price growth rather than to see its fluctuating scheme all the time. If this halving will generate a strong market resistance it possible we are able to see Bullrun but then, this halving gives no assurance for it.

Of course, halving should positively affect the fate of Bitcoin.
Personally, I think that the price will reach the mark of 50 thousand dollars by 2021.
$50k by 2021? I hope you are right mate and I should have to look it back after this year.

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March 01, 2020, 11:52:02 PM
 #57

Of course, halving should positively affect the fate of Bitcoin.
Personally, I think that the price will reach the mark of 50 thousand dollars by 2021.

Well, we don't know. All we know is that after the halving, it cuts down the supply then it might increase the demand that will also increase the price of it. In the past, as far as I know, it did well in the last halving and I hope it will be the same. $50K is a bit higher for me, maybe another ATH before we reach that kind of price, right?

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March 01, 2020, 11:54:37 PM
 #58

I will say my opinion again that the halv itself won't impact Bitcoin like most of you are thinking like pumping the price to moon with Bitcoin being 50k$ by summer and some other crazy theories that I've seen recently. The halv won't make cryptos going all time high but maybe some of them will boost the price if Bitcoin decides to climb a little but we're still early for a new bull run to begin as the accumulation phase is still going and further more this stable of price in Bitcoin is very welcomed I'm sure.

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Sadlife
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March 02, 2020, 12:00:59 AM
 #59

At first i was thinking the same thing the price will increase because of the halving and we might see bitcoin breaking a previous all time high. The new year for bitcoin has been positive but it seems due to hype or anticipation of a rally, bitcoin didn't turned bullish as we planned.

I can think of some of the reasons it maybe, exchanges manipulation or the global pandemic coronavirus or just warren buffet criticism about bitcoin. Either way, if bitcoin doesn't break out this coming halving, it will be bad.

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kezinaur14
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March 02, 2020, 01:46:20 AM
 #60

just wait for another mass world media shill. and the price will follow

I saw a satirical article about how it's the leap day what makes the price rise and not the halvening.

In a more serious tone I think this year's halvening will not see as great of an increase, but next year maybe the stars will align once again like in 2017.
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