Ryushin (OP)
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February 29, 2020, 05:06:50 PM |
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For those asking if Bitcoin is the only coin that with halving capability the answer is no, many coins have this feature as well
1. On August 5 2019 LTC completed it's second halving 2. On January 4 2020 BEAM completed it's first halving 3. Both BSV and BCH halving will take place in April 2020 4. Zcash halving will happen around November- December 2020 5. BCD (Bitcoin Diamond) halving will take place on 29 July 2020
The list goes on and on, some are even holding few altcoins that will halve later on but they don't know it, DYOR
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hirngespenst
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February 29, 2020, 09:49:24 PM |
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Yes, this year many altcoins will have halving too, but only Bitcoin halving does matter in the crypto market. As you can see no one is aware of all these halving events except for Bitcoin. Good thing is, this year the top three coins Bitcoin, Ethereum and Litecoin will have some great updates and that can lead a bull run within the next year.
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AliMan
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February 29, 2020, 10:08:08 PM |
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For those asking if Bitcoin is the only coin that with halving capability the answer is no, many coins have this feature as well
1. On August 5 2019 LTC completed it's second halving 2. On January 4 2020 BEAM completed it's first halving 3. Both BSV and BCH halving will take place in April 2020 4. Zcash halving will happen around November- December 2020 5. BCD (Bitcoin Diamond) halving will take place on 29 July 2020
The list goes on and on, some are even holding few altcoins that will halve later on but they don't know it, DYOR
I'd love to have Bitcoin as my strongest asset before halving happens, and the second options is with xrp as my top potential asset second to bitcoin as of now. Ethereum is also a promising asset, however this has already making a history on my previous experience that's why I am diverting into another chapter with new one that's also capable.
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alani123
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February 29, 2020, 10:16:59 PM |
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I think that no other halving is as important as the one for BTC. Afterall it's the biggest mining network and also the cryptocurrency with the biggest capitalization. The most ASICs and people mining it for profit. It's more important and arguably, if anything has an impact on crypto, it's bitcoin that affects everything in the space. Other halvings barely had a noticeable effect on prices and I think it's only because of BTC market movements at the time.
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swivel1983@gmail.com
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February 29, 2020, 11:29:41 PM |
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I think that no other halving is as important as the one for BTC. Afterall it's the biggest mining network and also the cryptocurrency with the biggest capitalization. The most ASICs and people mining it for profit. It's more important and arguably, if anything has an impact on crypto, it's bitcoin that affects everything in the space. Other halvings barely had a noticeable effect on prices and I think it's only because of BTC market movements at the time.
I agree with you. Bitcoin is the number one coin and it is really only for it that reducing the amount will make a big difference. In any case, it is good that this happens, because this way the value of such a coin increases.
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shinratensei_
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February 29, 2020, 11:56:41 PM |
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I think that no other halving is as important as the one for BTC. Afterall it's the biggest mining network and also the cryptocurrency with the biggest capitalization. The most ASICs and people mining it for profit. It's more important and arguably, if anything has an impact on crypto, it's bitcoin that affects everything in the space. Other halvings barely had a noticeable effect on prices and I think it's only because of BTC market movements at the time.
I agree with you. Bitcoin is the number one coin and it is really only for it that reducing the amount will make a big difference. In any case, it is good that this happens, because this way the value of such a coin increases. If you are learning about what happened with litecoin and it's clear that if halving will bring a good impact to the coin for the short term. The halving usually will not give any impact if that was happening with unpopular coin or not so popular coins among the cryptocommunity.
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Yaunfitda
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February 29, 2020, 11:59:08 PM |
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Exactly, this is the most touted and awaited halving as far as we know. I think that no other halving is as important as the one for BTC. Afterall it's the biggest mining network and also the cryptocurrency with the biggest capitalization. The most ASICs and people mining it for profit. It's more important and arguably, if anything has an impact on crypto, it's bitcoin that affects everything in the space. Other halvings barely had a noticeable effect on prices and I think it's only because of BTC market movements at the time.
Although LTC halving is being look as well because after-all it is a small brother to BTC. And as far as I can remember, there could have been similarities regarding the price movement after halving (I could be wrong). As for the rest of the coins halvings, they can be forgotten or at least no hype, or could probably just be used by manipulators to take advantage of the situation to make more money out of noob investors.
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fuer44
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March 01, 2020, 01:48:26 AM |
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with the number of coins that will do the halving, most likely the market goes up high now. because in the period before and after the halving or fork, coins usually do not immediately rise significantly and some time after that happens, then the coins will rise to the moon. maybe next year will be the most ideal year for the crypto market.
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crwth
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March 01, 2020, 01:59:15 AM |
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I haven't thought of it completely but I know that it does happen to other cryptocurrencies. The most recent one that I know is LTC. Last year, it was rumored that it is going to increase in price because of that halving and I think there was a time when you could've taken advantage of that. Anyways, halving is important when the supply is cut, the possible demand will rise. It's the basic theory and as long as people are buying into it, it would have a higher price rate as the reward of miners decreases.
I know miners and other people who are concerned with any kind of halving, whether it's in Bitcoin, LTC, etc. They have already prepared for that and maybe it's what we need to do, is just to be prepared.
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Yudhisthir
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March 01, 2020, 02:41:12 AM |
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Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days. Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.
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Quidat
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March 01, 2020, 03:27:25 AM |
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For those asking if Bitcoin is the only coin that with halving capability the answer is no, many coins have this feature as well
1. On August 5 2019 LTC completed it's second halving 2. On January 4 2020 BEAM completed it's first halving 3. Both BSV and BCH halving will take place in April 2020 4. Zcash halving will happen around November- December 2020 5. BCD (Bitcoin Diamond) halving will take place on 29 July 2020
The list goes on and on, some are even holding few altcoins that will halve later on but they don't know it, DYOR
Of course! Some coins do have their own halvings to but it isnt surprising that most people doesnt really care at all.Why? they do only focus on Bitcoin and the rest would be just be ignored. There might some that do consider on other coins as well depending if they do really support nor do hold such coin but the rest do know on where the place should be focused on. Some do really might forget due to not being updated or doesnt care on whats happening as long they do hold up to their coins into their stashes.
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Strongkored
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March 01, 2020, 03:52:52 AM |
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Of all the coins that also have a halving features only Bitcoin gets special attention from publication and Crypto fans, because it has proven that been BTC prices will hit new ATH. Some of the coins that you mentioned do not show a particularly good performance on prices when halving occurs, that's happen to LTC because once again BTC is reference of all altcoins, altcoin can't grow alone.
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joinfree
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March 01, 2020, 04:06:26 AM |
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I know some coins have halvings too but I think the reason why most people don't give much attention to it is because of the low impact of its halving on the price of the coin as in the case of Bitcoin. This is why most people are anticipating so much for bitcoin halving other than all the others listed by the OP.
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March 01, 2020, 04:11:34 AM |
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Of all the coins that also have a halving features only Bitcoin gets special attention from publication and Crypto fans, because it has proven that been BTC prices will hit new ATH.
What is the proof that Bitcoin will reach a new ATH if halving happens? Currently bitcoin is no longer at $ 10,000 yesterday, a severe decline in 24 hours means that bitcoin is still not showing that it will reach the new ATH yet there are no signs. Some of the coins that you mentioned do not show a particularly good performance on prices when halving occurs, that's happen to LTC because once again BTC is reference of all altcoins, altcoin can't grow alone.
I think all altcoin depends on how the development of Bitcoin if it grows, altcoin will also follow it with good performance. Altcoin cannot be ascertained as it used to be, maybe it doesn't know when the altcoin season will arrive soon.
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Pffrt
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March 01, 2020, 04:22:10 AM |
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Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.
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NewRanger
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March 01, 2020, 05:40:56 AM |
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Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days. Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.
if it is true they will halving in several weeks again maybe we must becarefull on these price. as we know BCH and BSV were pump and dump coin and maybe couple days before halving its price will dumped alot. but it we courage to buy, we will get much profits after these coin halving. unfortunately this is the first halving and no history that could help us to analize market behaviour.
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jessyj48
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March 01, 2020, 05:44:25 AM |
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Only those who understands what halving is will now how important what OP is talking about, halving means more scarcity to the max supply of a coin, this means those other coins that will go through halving will reduce too
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bgaf
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March 01, 2020, 06:00:15 AM |
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Yes, this year many altcoins will have halving too, but only Bitcoin halving does matter in the crypto market. As you can see no one is aware of all these halving events except for Bitcoin. Good thing is, this year the top three coins Bitcoin, Ethereum and Litecoin will have some great updates and that can lead a bull run within the next year.
That's the thing here, most altcoins are following bitcoin footsteps but clearly, even their own halving arent that popular to make it as a shill and we can see that since only few people are talking about it. Like what OP's mentioned there are lots of other altcoins and bitcoin forks that halves too. Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.
This is right. The advantage of bitcoin over altcoins in terms of halving are their scarce increases as most people get interested while altcoin adoption isn't that immense to compare with. Maybe eth can match but still not that strong.
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Bitbtc8
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March 01, 2020, 06:04:35 AM |
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Altcoins halving are never subject to any changes in the price. Halving refers to the scarcity level to be increased. In case of the altcoin you shared are not going to create that scarcity and as a result no price changes will come in unless they have a significant adoption.
I disagree with your point, after beam halving in January the price have increased 25% since then, if you have doubts please don't hesitate to look at it's charts since January 4
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Tipstar
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March 01, 2020, 06:04:45 AM |
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Bitcoincash is halving sooner than bitcoin, It would halve around 38 days from now. And BitcoinSV too would be halving around next 42 days. Both of them are the forks of bitcoin and their blockchain progression are running faster than bitcoin. This would certainly be the year of bitcoin and it's forks.
if it is true they will halving in several weeks again maybe we must becarefull on these price. as we know BCH and BSV were pump and dump coin and maybe couple days before halving its price will dumped alot. but it we courage to buy, we will get much profits after these coin halving. unfortunately this is the first halving and no history that could help us to analize market behaviour. No idea about BSV but Bitcoincash is not surely only a pump and dump coin. There are a lot of miners dedicated to mining Bitcoincash and has a large community that's working for the betterment of the blockchain. Thought some members of bitcoin community and BCH community has some degree of confrontation, there are a significant group of people who believe both of these chains can have a future.
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