Bitbtc8
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March 01, 2020, 06:06:14 AM |
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We can't compare a coin that started halving since 10years back to new coins that started halving few years ago, the difference is very clear, more halving lower coins for miner
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xvids
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March 01, 2020, 07:07:49 AM |
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Of course they would do it too, AFAIK they also have fork crypto too they wouldn't just let the King of crypto be the only crypto that have that feature, Of course they want to take over or surpass it so they would also have the same thing.
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Metall303
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March 01, 2020, 08:13:19 AM |
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It seems to me that other coins understood that Halving makes hype around of coins and that is why they have implemented this procedure. just to increase the popularity of their coin. perhaps after bitcoin halving even more coins will announce that they will have the same thing in their projects
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trauchot
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March 01, 2020, 08:52:29 AM |
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I agree that many cryptocurrencies will have halving this year and I hope this will help the cryptocurrency market to grow very quickly, but of course the main event of this year is bitcoin halving and we all hope that it is Bitcoin halving that will give an impetus to the growth of all cryptocurrencies.
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FanEagle
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March 01, 2020, 09:04:36 AM |
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Yes, there are 1000s of altcoins available in this crypto space and most of them are having economy rules similar to how bitcoin is doing. Hence, we can expect halving to keep on happening around this crypto space all the times. But my concern is, what will be the economic change all other cryptos and their halving will be bringing to this entire crypto space. None of them. Yes, only bitcoin will be capable of doing that and all others will be simply following what bitcoin is setting regardless of when their halving is happening/scheduled.
Still, BCH and BSV's halving may bring new changes to their value levels. Because, these coins are backed by few whales who may pump o dumb to anywhere they want to see. Anyway, I doubt about their impact on trend setting in crypto market directions; probably their halving may impact within their ecosystem.
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ned.ryerson
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March 01, 2020, 09:12:48 AM |
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we have already seen how the LTC halving took place in summer 2019. LTC price was dumped after halving. I really hope that the same thing will not happen with other coins, but the possibility of repeating of this situation is very high. do not rely on a big profit from the fact that the coin will have a halving
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rnsribeiro
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March 01, 2020, 09:34:07 AM |
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we have already seen how the LTC halving took place in summer 2019. LTC price was dumped after halving. I really hope that the same thing will not happen with other coins, but the possibility of repeating of this situation is very high. do not rely on a big profit from the fact that the coin will have a halving
yeah its counter intuitive, but halving is not affecting all coins same way. So btc is going up, but that doesn't mean any other coin halved will rise at all. I'm going to do research to see how many alts went higher after halving in general
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layer1gfx
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March 01, 2020, 09:35:38 AM |
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of course, all those bitcoin forks kept the halving rule intact because it helps to control the value. less availability of newly mined coins and higher demand on the growing market is great for any cryptocurrency. most people care about bitcoin because it is still the number one coin, then they might have a look after their favorite altcoins.
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Mighty_crypt
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March 01, 2020, 09:47:06 AM |
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Good info, not everyone knows about this, someone once asked me what halving is and i did let him know that other coins have halving too not Bitcoin only, the best move for newbies is research, use cases matters more than halving, halving is just a plus to features of a coin
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Dart18
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March 01, 2020, 10:39:14 AM |
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I thought they are going to be halved in value. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I know about LTC but dont know the others specially BCH. I don't really care much about that coin or whatever they call it. Those who have ownership is just like a bank. So I put them out of my list of altcoins. Popularity base, it is still bitcoin on the top when halving comes. Other coins are being ignored.
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memed97
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March 01, 2020, 10:52:55 AM |
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I agree that many cryptocurrencies will have halving this year and I hope this will help the cryptocurrency market to grow very quickly, but of course the main event of this year is bitcoin halving and we all hope that it is Bitcoin halving that will give an impetus to the growth of all cryptocurrencies.
Yes, and I also hope that a half-bitcoin reduction can affect other top altcoin prices, so the market can recover and this can benefit everyone in cryptocurrency, but we just don't know when it will happen, even though there are many who made predictions for this year.
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Ken_terrance
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March 01, 2020, 11:12:13 AM |
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No better Halving than that of Bitcoin presently simply because Bitcoin is the first and well trusted digital currency apart from the rest, honestly I doubt if there will ever be any other digital currency that will be well supported like bitcoin
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nigelk
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March 01, 2020, 11:38:48 AM |
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Only btc halving may really change the situaiton on the market
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FireBallex
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March 01, 2020, 02:25:59 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 don't even know that many coin has halving ability, thanks for this wonderful information, from now on I will look deep into new projects maybe they have halving or not, it's a very good way of adding value to tokens and coins
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killerfrost
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March 01, 2020, 02:53:49 PM |
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I am not too concerned about halving of altcoin. Because it will not affect this market. Maybe the price of that altcoin will increase but it will certainly not be significant, I only care about halving Bitcoin because it will greatly affect this market. If the Bitcoin price goes up after halving, this whole market will surely go up
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Baofeng
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March 01, 2020, 04:00:16 PM |
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Hmm, very interesting that both BCH and BSV will have its own halving right before BTC halving. If you go by the logic that they are just a fork coin from BTC itself, then why are they going first on halving then the original coin is on May? Doesn't make sense unless they want to somewhat derail BTC's schedule halving in May.
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enhu
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March 01, 2020, 04:09:46 PM |
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Halving I guess is there to be part of the economic event for its community, I don't hold any of those coin except Zcash and BTC. But halving is not really hyped with Zcash. Its only with BTC that makes it more exciting because the effect of its halving affects all other coins that is paired to BTC. ETH should have halving since it was mine-able by GPU and it supply is terrible but well, they plan to be POS now.
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Jating
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March 01, 2020, 04:23:37 PM |
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Hmm, very interesting that both BCH and BSV will have its own halving right before BTC halving. If you go by the logic that they are just a fork coin from BTC itself, then why are they going first on halving then the original coin is on May? Doesn't make sense unless they want to somewhat derail BTC's schedule halving in May.
It could be, but I don't think that they can derail BTC halving. I mean, this is a altcoin board and sure there could be supporters of Bitcoin Cash and Bitcoin SV. But if you're into crypto in general, we all can say that bitcoin is still the dominant crypto and whatever those fork coin will do, there could be only one BTC and no one can stop it, just saying.
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justdimin
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March 02, 2020, 02:08:27 PM |
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There is also the difference of a currency that is 200+ billion dollars in market cap and over %50 of all other coins combined, so of course others have halving too but it is usually not even remotely close so that is why we do not care. Litecoin is probably the biggest I can remember closest that happened and litecoin is basically hated by the owners because of Charlie Lee but the coin itself is decent.
So, long story short when you compare ANY other halving to bitcoin, you are also comparing the coin as well to bitcoin and no other coin could ever be compared to it, not a chance. I like some altcoins as well and I support them, I am not against any other altcoin, it is just that bitcoin is a whole another level beast.
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imstillthebest
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March 02, 2020, 02:14:10 PM |
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I am not too concerned about halving of altcoin. Because it will not affect this market. Maybe the price of that altcoin will increase but it will certainly not be significant, I only care about halving Bitcoin because it will greatly affect this market. If the Bitcoin price goes up after halving, this whole market will surely go up
same here but even if we dont care of halving for altcoin , other people could care more to them . they are altcoin enthusiasts or devs of alts . if alts halve i think it will have an impact on other altcoins too and even on btc . i remember one time there were alts that halve and btc pumped up a little . what if that scenario can happen again but if bitcoin halves , i think its price can really go up and btc arent the one that can benfit from this up but other coins too ( altcoins and tokens ) . this does happen all the time .
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