Bad News for Bitcoiners, The price will not go up at the Halving, but DOWN$!

[bitbunnny]

There is also possibility that price of Bitcoin goes down after halving. Despite the big expectations and many predictions of huge price rise it's not impossible that just the opposite happens.
But the fact that criminals are holding big amount of Bitcoins, that some have mentioned here, isn't something that would significantly influence the price. Besides that is not the new information.

[BlackFor3st]

So what are you going to do, when the price of Bitcoin verses fiat does not go up for the halving.

Many here act like it is an Guarantee, it is not.

Government are reselling criminal bitcoins,
Hackers are reselling the stolen bitcoin from Exchanges and the Rich,
Flooding the markets, and are going to keep doing it over and over.

Altcoin communities are not buying bitcoin to prop up their altcoins any more.
Majority of Altcoins will be dead in less than 2 years.

Even Jihan Wu warns not to expect much.
https://www.forbes.com/sites/billybambrough/2019/10/14/bitmain-ceo-jihan-wu-made-an-uncertain-2020-bitcoin-warning/#7cc492911ecc

Now, the chief executive of China-based bitcoin mining giant Bitmain, Jihan Wu, has warned the next bitcoin block reward halving may not spark a bitcoin price bull run, as many hope.

Bitcoin can no longer make you rich if you started poor.
The Poor can't buy enough to get rich, as the 1000X and 100X Gains are Over,
so unless the amount you have only needs say 2X or 3X to make you a millionaire, (even that is not guarantee)
otherwise you are screwed if you think it will make you rich. 

So are you going to keep drinking the BTC will make me Rich Kool-aid.
Or are you going to get a Clue and realized to get rich requires you find something other than Bitcoin?

 

This are all predictions so far because crypto market is very unpredictable even if you have solid statements or basis of your claims that bitcoin will not go up after the halving. Reselling the confiscated bitcoin from criminals will likely to create a small movement of bitcoin price but it doesn't mean that the market will go down because of this reason only.

Even if the hackers will likely to sell their loot, it is still not enough to drag down the market especially if the big whales will make sure that they will turn the bear season into bull season. Let's just monitor closely the market and see for ourselves whether your prediction will happen or not.

[blessedfaith]

So what are you going to do, when the price of Bitcoin verses fiat does not go up for the halving.

Many here act like it is an Guarantee, it is not.

Government are reselling criminal bitcoins,
Hackers are reselling the stolen bitcoin from Exchanges and the Rich,
Flooding the markets, and are going to keep doing it over and over.

Altcoin communities are not buying bitcoin to prop up their altcoins any more.
Majority of Altcoins will be dead in less than 2 years.

Even Jihan Wu warns not to expect much.
https://www.forbes.com/sites/billybambrough/2019/10/14/bitmain-ceo-jihan-wu-made-an-uncertain-2020-bitcoin-warning/#7cc492911ecc

Now, the chief executive of China-based bitcoin mining giant Bitmain, Jihan Wu, has warned the next bitcoin block reward halving may not spark a bitcoin price bull run, as many hope.

Bitcoin can no longer make you rich if you started poor.
The Poor can't buy enough to get rich, as the 1000X and 100X Gains are Over,
so unless the amount you have only needs say 2X or 3X to make you a millionaire, (even that is not guarantee)
otherwise you are screwed if you think it will make you rich. 

So are you going to keep drinking the BTC will make me Rich Kool-aid.
Or are you going to get a Clue and realized to get rich requires you find something other than Bitcoin?

 

[Pamadar]

There is also possibility that price of Bitcoin goes down after halving. Despite the big expectations and many predictions of huge price rise it's not impossible that just the opposite happens.
But the fact that criminals are holding big amount of Bitcoins, that some have mentioned here, isn't something that would significantly influence the price. Besides that is not the new information.

The possibilities to whichever directions the market will go after the halving is still questionable and still in the hands of every holders, though influenced by those people who illegally get their assets as they can easily do things in their own ways. What we can do now is to project our own destinations while continuing to this industry.
Take your chances to buy and hold since this industry will make more progress if not this year but expect in the next following it will happen.

[HatakeKakashi]

I believe still in bitcoin because I know how it works even they have many problems that happens , bitcoin community is still there maybe right now some bitcoin user/investors are buying bitcoin and I think the reason why is because other people are waiting for the right time for them to put a risk in bitcoin . Putting risk or investing in bitcoin have good return and this halving I still believe bitcoin will up .

[carlisle1]

i respect all your points OP because we are all free to give our opinion and beliefs specially if we think that we have proofs about what we are saying.
but i think it is frustrating to give the most opposite side for expectorant since this is Bitcointalk.org forum and most of people here are holding or buying bitcoin.

all of the halving season brings profit to many while your claim is the other side,but lets see what will happen soon because there are only few months left for us to witness the outcome of Bitcoin Halving.

[White Christmas]

i respect all your points OP because we are all free to give our opinion and beliefs specially if we think that we have proofs about what we are saying.
but i think it is frustrating to give the most opposite side for expectorant since this is Bitcointalk.org forum and most of people here are holding or buying bitcoin.

all of the halving season brings profit to many while your claim is the other side,but lets see what will happen soon because there are only few months left for us to witness the outcome of Bitcoin Halving.

That's right this means that you are already hundred percent against about the speculations of many that the bitcoin will increase after the bitcoin halving we are really all welcome to state our problems and opinions specially are beliefs and speculations especially when we have enough evidence or article that you have stated.

please let us just wait what would be happen on the bitcoin price or value after the bitcoin halving.

[joinfree]

I don't agree with this analysis made by this crypto enthusiast. The price of bitcoin would definitely increase once the halving is approaching. This has been the norm ever since bitcoin was launched. The scarcity of bitcoin always make it a good asset to invest in on a long term base. Don't be worried with the recent reduction in the price of bitcoin this clearly shows how volatile bitcoin is.

[Reatim]

maybe it is better for us all to expect the unexpected,lets use what OP says in positive ways.

like for example: lets believe the value after halving will DOWN most specially those willing to keep holding for longer time.

so if the situation  comes to be increasing then we will celebrate more because we are not expecting the hype right?

sometimes Negative things can be use for positive if we are only ready to accept tomorrow.

I don't agree with this analysis made by this crypto enthusiast. The price of bitcoin would definitely increase once the halving is approaching. This has been the norm ever since bitcoin was launched.

but things can change right?the truth is nothing is really certain in investing.but we will be there soon .

[ethereumhunter]

So what are you going to do, when the price of Bitcoin verses fiat does not go up for the halving.

Many here act like it is an Guarantee, it is not.

Government are reselling criminal bitcoins,
Hackers are reselling the stolen bitcoin from Exchanges and the Rich,
Flooding the markets, and are going to keep doing it over and over.

We guess that it is already happening for a long time ago before bitcoin reaches the highest price, and it still going on until now. They are pretending not to do that because they won't admit.

Altcoin communities are not buying bitcoin to prop up their altcoins any more.
Majority of Altcoins will be dead in less than 2 years.

Only the weak altcoins that will be dead in less than 2 years, and we already saw it before today. But for the strong coins which get supported by the communities, the coin will still stay at the market.

Even Jihan Wu warns not to expect much.
https://www.forbes.com/sites/billybambrough/2019/10/14/bitmain-ceo-jihan-wu-made-an-uncertain-2020-bitcoin-warning/#7cc492911ecc

Now, the chief executive of China-based bitcoin mining giant Bitmain, Jihan Wu, has warned the next bitcoin block reward halving may not spark a bitcoin price bull run, as many hope.

I don't follow that person. I follow the market movements, so I prefer to analyze the market than to believe him. Maybe he is right, but he can get wrong.

Bitcoin can no longer make you rich if you started poor.
The Poor can't buy enough to get rich, as the 1000X and 100X Gains are Over,
so unless the amount you have only needs say 2X or 3X to make you a millionaire, (even that is not guarantee)
otherwise you are screwed if you think it will make you rich. 

I still believe bitcoin is a new way that can help many people to get money, and every people can start with any money they have. But still, they cannot expect to make a lot of money from bitcoin with small money. They need to realize that so they can still try to make more and more money.

So are you going to keep drinking the BTC will make me Rich Kool-aid.
Or are you going to get a Clue and realized to get rich requires you find something other than Bitcoin?
 

I will still use bitcoin and trying to make money from bitcoin. No matter if that will need a long time for me to make a lot of money, it will be no problem for me

[DooMAD]

Fixed the title.

I suppose it's a potential worry for the day-traders, but far less of a concern for the long-term holders and those who believe the functionality is more important than the fiat value people are willing to ascribe to it.  It's hardly a revelation, markets are fickle and not as easy to predict as many tend to assume.

People just need to ask themselves honestly what it is they want to get out of it.  For me, if Bitcoin did happen to make me rich one day, that's just icing on the cake.  I fundamentally believe in what it is and what it does.  That's what keeps me here.

No fear-mongering about the "price" is going to sway me because the real value for me doesn't currently correspond to a number I could conceivably sell it for.  I have no plans for the foreseeable future to sell any Bitcoin for fiat, so am not concerned in the slightest if there's a dip at the halving.  Maybe one day in the very distant future I'll be looking at purchasing power.  

[Ridwan Fauzi]

You have your own strategy and make it as your consumption only, you are free to tell everyone here but don't force them to do what you want.

Ok, bitcoin and its price cannot be predicted easily, let see what had happened three years ago. A lot of people there bitcoin can reach another ATH but the face it wasn't.

And now after bitcoin has a good trend and you come with this information then I think there is no guarantee that your prediction will be happened, I only believe to the price movement.

[rijaljun]

Hackers are reselling the stolen bitcoin from Exchanges

Could you please tell me one real story about this so I can be a bit more sure about shits you are talking?

[BrewMaster]

the fact that you are spending hours and hours every single day on bitcointalk bleeding from your fingers trying to spread all kinds of false information shows that you are the one who has been receiving the "bad news" not the so called bitcoiners.
/thread

[Google+]

the fact that you are spending hours and hours every single day on bitcointalk bleeding from your fingers trying to spread all kinds of false information shows that you are the one who has been receiving the "bad news" not the so called bitcoiners.
/thread

well I totally agree with what you say because traders should not be afraid when prices fall because it is a very good momentum to buy coins at cheap prices, if he says that the price of bitcoin falling is bad news then he can not know the opportunity to enter and out on cryptocurrency so you can get a lot of profit when it's time.

[ZeeeN]

not bad news for buyer to buy  more btc in lowest price of this year.

who know maybe in couple month btc bring back to 10K-14K or maybe next year only time will tell.

[Searing]

Interesting..you have a crisis...a potential 'pandemic'

thus BTC is used as a store of value in countries where such things would be much worse..you can't trust your government

or your banks are corrupt or whatever, like say Venezuela.

So now you have your crisis, the one that states 'bitcoin will be a store of value' but what you find is..don't want to take $$$ out

of the bank (or hard or like Venezuela you have no cash in banks)

So of all the assets, you have set aside like, gold/silver and US currency and Bitcoin

which is the 'easiest to move' in a country like Venezuela for quick emergency cash?

You could make the same argument for the USA..do I really want to call my broker to move $$$ out? Or wait for long-term on such?

I"m cash poor as a result of a potential layoff or whatever or coronavirus fears...due to slowdown and stoppage of parts in China?

But damn, I can dump BTC to 'refund' my (ashamed) "emergency/catastrophe fund' in case any/all of above come to pass.

So we have the 'twin' fun times of when the stock market crashes on fears of something like this ...discretionary $$$ move out of BTC/Crypto and we dump too.

But like today, when the stock market pumps, BTC/Crypto also dumps as much or more.

Great thing BTC as a store of value for trying times...until the trying times come...damn this is harsh...

Brad

[Mahanton]

So are you going to keep drinking the BTC will make me Rich Kool-aid.
Or are you going to get a Clue and realized to get rich requires you find something other than Bitcoin?

You cant stop the community on thinking or does have that kind of impressions towards on upcoming halving.Yes, nothing is certain but looking back into the history will give out some idea on what would possibly happen in future years to come.The thing here is that we do seen even unrealistic numbers when it comes to speculations which i do disagree on most of the time.

Even I, dont really hope too much that even breaking that previous ATH will be possible.I do rather prefer on having that slow and gradual pace movement of btc price rather than seeing some huge spikes on a
short time yet we know on what would be the corresponding event would happen later on because not all the times the market will just simply pump.There would always be a correction.

[electronicash]

very different from what i foresee lol it doesn't really look like its a bull trap since the market had been overbought for weeks. obviously it has to go down first so we'll see.
$50B in less than a week.  for someone who had been trading for a while would still look at this as normal in crypto. doesn't happen in stocks unless company owners suddenly dies.  sold some and hope to see its bottom once again.

[rdluffy]

It's totally possible that BTC price goes down for a short term, but for a long term there's more chances that BTC price goes up, as history says
I already saw some coins forking or halving and everyone expecting higher prices and ATH, but most of times the opposite occurs, so we have to be prepared and have the strategy to what to do in any kind of situation
You're not the only one who have this thought, a lot of users know that this is for the long time, but we are enjoying this moment