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Author Topic: My first experience of Bitcoin halving, I'm excited.  (Read 785 times)
Janation
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April 12, 2020, 03:05:13 AM
 #21

My question is what price do you predict Bitcoin to be after this Halving and also I would like to get more details as regard to the Halving event. Does it have a venue?

I feel so old seeing these price changes and remembering it in the past.

Regarding to your question, I don't think we will be following the pattern here. The first halving gave us a whopping 13K% price increase, the second was 12K% price increase, this year though will not be 11K% price increase since the price of Bitcoin right now is obviously much higher than in the past. I think we will be able to see a 100% to 300% price increase if that goes higher than that, I think it will not be long and just fall quickly.
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April 12, 2020, 03:46:44 AM
 #22

Honestly, it is difficult to determine what can happen, because the Fundamental of the Covid-19 has been very decisive in the world, the worst thing is that there are still unfortunate events, and all this panic has an impact on the market, in fact before the pandemic my forecast was for a substantial price increase, now I don't know what can happen. It would be irresponsible to say that it can happen, right now what I think is that the price will remain stable during the bitcoin halving.

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April 12, 2020, 03:48:56 AM
 #23

Actually there is nothing to be excited about this halving, things have changed from pleasent to worst because of the pandemic situation. I have read articles suggesting Bitcoin can dive down before the halving.

I was expecting a fantastic 2020 for Bitcoin but things have become unfavorable for the crypto community after the virus spread. I doubt Bitcoin will touch 10k before the halving or even this year.

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April 12, 2020, 03:58:53 AM
 #24



Second halving
July 2016 they was an increase of 12,000%. Bitcoin price was $164.01 and it spiked to $20,004 to the top. ( During the period of the halving, just like in the space of 4 years or within).


I am lucky that i have taste the fruit of this Halving though i entered the market months after the halving happens.
and also i am happy that more than 1 year after this halving the price makes all time high and proud that i have sold Bitcoin at that peak.

and now we are waiting for the next effect but suddenly this will not happen for the first time because of the domino effect of this Virus.

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April 12, 2020, 05:11:19 AM
 #25

The bigger the hope, the bigger the disappointment mate. Yes, in all honesty, most of us especially those that are recent entries in the crypto scene are expecting the same bounce up it did in the past halvings, but realistically speaking such increases seem to be quite impossible. You can see it with how developed the current scene is already. Not to mention that there were still various factors that actually helped the price in the past halvings. Right now? The only factors here are actually NOT helping it increase in price. Just look at how the price of BTC is right now with the current state of affairs because of the effects of the fear brought by the Corona Virus.

 
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April 12, 2020, 06:32:36 AM
 #26

I think that the price of bitcoin after halving this year will not be far from the price of $ 10k. however, no one knows the potential for bitcoin prices to go up to what extent, there are even some speculations that prices will really go up by 2021. for this year, I don't really expect high, but the possibility of bitcoin prices could exceed $ 10k after may.

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April 12, 2020, 08:31:32 AM
 #27

Bitcoin halving is the last thing I want to be predicting on right now, why? Pandemic, I think it's better to wait it out and see how things go, every plan I hoped for this year it ruined already because of the pandemic.

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April 12, 2020, 09:01:49 AM
 #28

I am very happy you can think positively, but bitcoin price movements cannot be predicted. Therefore for this third halving do not expect too
much. Especially now that there is still a corona virus crisis, so it has an effect on the movement of bitcoin prices on the market.We have to
see the reality of the price of bitcoin is very difficult to return to the price of $ 10k, so don't delusional that bitcoin can go up to $ 400k. Halving
will happens only a few more weeks in my opinion will only make the price rise is not too high, it is likely to rise to price around $ 8000- $ 10,000.

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April 12, 2020, 09:24:19 AM
 #29

We are facing something different this year, all aspects of the economy are starting to show a critical period but not for bitcoin which is still strong today at $6800, a history of increase above 10,000% like the previous halving may not really happen but the rise of bitcoin still occurs during or after halving, the possibility is definitely in my opinion.
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April 12, 2020, 11:41:54 AM
 #30

The expectation of the people are here about this halving that is coming up and a lot of people just like the op have always explained this scenario in term of the price. I hope you will check what is being discussed here https://bitcointalk.org/index.php?topic=5239658.new#new so that you understand more about what is expected from this halving.
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April 13, 2020, 08:16:34 PM
 #31

~

My question is what price do you predict Bitcoin to be after this Halving and also I would like to get more details as regard to the Halving event. Does it have a venue?
Whatever the prediction, it is only speculation, there is no guarantee that the price will reach it, it could be the opposite happened. All of that is relative, make sure we understand this ecosystem, don't expect too high, so you are trapped in fomo.
Based on the previous halving period, the price does not directly pump, there is a long process, up and down, if your strategy and mental are not strong then you will be trapped in frustration. Fill your bag sufficiently, according to ability, is like saving.

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April 14, 2020, 02:38:55 AM
 #32

The halving is near and people are now talking about it, all are expected but most do not manage their expectation very well. Please manage your expectation very well because we are not sure if the halving will have a good effect in the market due to the global crisis that we are still facing. Expectation is not bad but we should be sure that our expectation can be real where it is feasible to achieve and not expectation that seems to impossible where you will speculate that the bitcoin can reached all time high again after the halving.

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April 14, 2020, 02:37:05 PM
 #33

The halving is near and people are now talking about it, all are expected but most do not manage their expectation very well. Please manage your expectation very well because we are not sure if the halving will have a good effect in the market due to the global crisis that we are still facing. Expectation is not bad but we should be sure that our expectation can be real where it is feasible to achieve and not expectation that seems to impossible where you will speculate that the bitcoin can reached all time high again after the halving.

VERY RARE GOOD ADVICE HERE.....

The Halving is ALREADY PRICED INTO THE MARKET....   

The halving will be here very soon, there will be no more questions, and lot of people will will be proven to be complete and UTTER FOOLS for thinking that the BitCoin price will go to the moon in the halving... 

Hard Facts
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April 15, 2020, 01:10:48 AM
 #34



Quote
VERY RARE GOOD ADVICE HERE.....

The Halving is ALREADY PRICED INTO THE MARKET....  

The halving will be here very soon, there will be no more questions, and lot of people will will be proven to be complete and UTTER FOOLS for thinking that the BitCoin price will go to the moon in the halving...  

Hard Facts
The fact a good amount of bitcointalk users act like they're not antsy to the growth of bitcoin. Makes me think if people don't appreciate the work of Satoshi Nakamoto. No amount is too big to predict if its about bitcoin. You can go down to the posts made on this platform 10 years ago, bitcoin was little less than $2. Fear Uncertainty and doubt is the problem, of some of our Members.
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April 15, 2020, 10:22:16 AM
 #35

After the last halving, things have been changed a lot, so, we can't expect another 12000 or 10000% growth like before! This time, people will sell more if bitcoin price ever goes to 15K USD or plus! Because the longest bear market in 2018 ruined lots of things, and that's impact still not gone from the market! So, I don't think we will see a massive pump, but I wish to see Bitcoin at 15-20K USD once again! Many people think bitcoin price will jump immediate after the halving, but by seeing last halvings statistics, we can say it will take a year or two!

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Leon83
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April 15, 2020, 12:25:39 PM
 #36

After the last halving, things have been changed a lot, so, we can't expect another 12000 or 10000% growth like before! This time, people will sell more if bitcoin price ever goes to 15K USD or plus! Because the longest bear market in 2018 ruined lots of things, and that's impact still not gone from the market! So, I don't think we will see a massive pump, but I wish to see Bitcoin at 15-20K USD once again! Many people think bitcoin price will jump immediate after the halving, but by seeing last halvings statistics, we can say it will take a year or two!

Last cycle Bitcoin stayed in the price range of approx. $200-$1100 for 1170 days! If the same is to happen this time we'll get a new all-time high in february/march 2021.

New price discovery means FOMO. And this time we get FOMO from financial institutions aswell.


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April 15, 2020, 12:43:31 PM
 #37

This is my second but my first is not that colorful because i am a new that time and i felt more afraid on investing than to trust the market thats why i only Earn smaller compared if i am in this status now that fully understood the situation.
i think I will Earn more than the past now since i Know how to wait and keep patient ,not being scare to lose the value as i knew it will come back again but may take longer time than expected.

Ridwan Fauzi
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April 15, 2020, 01:30:52 PM
 #38

This is for the second time I meet halving event.

The last halving at 2017 ago I just watched the user's conversation that he got a lot of profit when hold bitcoin even it was for a few time.

And now I'll face this situation again and I'll never let this event just go away. I'll try to collect bitcoin as much as possible especially fom my signature campaign that I joined. And I never glance up to another altcoin although many people there consider that the altcoin has a thousand of opportunities for the price up.
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April 15, 2020, 02:25:31 PM
 #39

This is for the second time I meet halving event.

The last halving at 2017 ago I just watched the user's conversation that he got a lot of profit when hold bitcoin even it was for a few time.

And now I'll face this situation again and I'll never let this event just go away. I'll try to collect bitcoin as much as possible especially fom my signature campaign that I joined. And I never glance up to another altcoin although many people there consider that the altcoin has a thousand of opportunities for the price up.
True, I will also use this btc paid signature campaign to continue to collect as much bitcoin as possible and I am sure that halving that will happen now will make a new breakthrough, yes, even in pandemic conditions like this there are still many people who believe in crypto so this moment don't so missed for you all this is very expected.

If the increase has occurred then all altcoin will also experience the same thing and therefore I will focus more on bitcoin as the most important coin in this halving.

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ethereumhunter
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April 15, 2020, 02:50:48 PM
 #40

I am sure many people have the same thing as you, especially if they know cryptocurrency after 2017-2018. Yeah, it feels excited to wait for the halving time because we want to know how the higher bitcoin price will increase after the halving time. But maybe we need to calm down and not expect the price will skyrocket as soon as the halving moment happens because the price will increase after a month or so. You need to prepare yourself by having much bitcoin from now on before the price start to grow.

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