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Author Topic: Bitcoin Halving 2020 and Altcoins  (Read 778 times)
Kelvinid
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April 17, 2020, 10:32:41 PM
 #41

Hey members,

Wanna hear your thoughts about the upcoming BTC halving we will all see soon and the reflection it will have in both the BTC price and adoption, but also the major Altcoins.

Happy to hear ideas and speculations

Thanks

I don't think much for the incoming halving, instead, I was thinking a normal market flows as shown yesterday, today or even tomorrow. I'm thinking of a bullish market since last year but was really difficult to figure out the market and much difficult by now since we are in the pandemic. But I still believe that halving could something to give a positive result. Actually, the market is never been in the bullish during halving but that was noticed almost a year after and that would be exciting to see how this 2020 halving has to show in the 3rd and 4th quarter this year.

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April 17, 2020, 11:16:12 PM
 #42

There is nothing much reflection it will have at the price of Bitcoin if we should judge from the past. Most of the Bitcoin crazy upsurge always come after the halving and this year's own might not be exceptional.

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April 18, 2020, 08:51:35 AM
 #43

There is nothing much reflection it will have at the price of Bitcoin if we should judge from the past. Most of the Bitcoin crazy upsurge always come after the halving and this year's own might not be exceptional.
at the moment, there doesn't seem to be an increase in the prices of bitcoin and altcoin, though halving will arrive soon. I think that bitcoin will become dominant again, but it looks like the altcoin movement is really following the current flow of bitcoin. I feel that the increase in bitcoin and altcoin that will occur later will not be the same as in 2019.

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April 18, 2020, 10:05:27 AM
 #44

There is nothing much reflection it will have at the price of Bitcoin if we should judge from the past. Most of the Bitcoin crazy upsurge always come after the halving and this year's own might not be exceptional.
at the moment, there doesn't seem to be an increase in the prices of bitcoin and altcoin, though halving will arrive soon. I think that bitcoin will become dominant again, but it looks like the altcoin movement is really following the current flow of bitcoin. I feel that the increase in bitcoin and altcoin that will occur later will not be the same as in 2019.
what is good about 2019 is that the 3rd quarter bull?this is not even close to the last halving effect of 2017 so why need to compare for 2019 when the last halving is what brings us good market pacing.
and maybe there are no Hype waiting this soon but at least by the last quarter of 2020 or the first quarter of 2021 there will be another Bull coming.

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April 18, 2020, 11:55:04 AM
 #45

what is good about 2019 is that the 3rd quarter bull?this is not even close to the last halving effect of 2017 so why need to compare for 2019 when the last halving is what brings us good market pacing.
We can't expect a bull run this year, the pandemic maybe over but that's just because they found the cure, but the vaccine will not easily be develop, it will take time according to expert, therefore the world will not going to be back to normal easily.

During the last bull run, the economy is good, people are willing to invest that time, this year, I have a doubt.

and maybe there are no Hype waiting this soon but at least by the last quarter of 2020 or the first quarter of 2021 there will be another Bull coming.
We really don't know but my best guess is that if there is a hype, it won't last long due to the current situation.
i'd rather be realistic that expect something that is unlikely to come.
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April 18, 2020, 12:10:34 PM
 #46


We can't expect a bull run this year, the pandemic maybe over but that's just because they found the cure, but the vaccine will not easily be develop, it will take ime according to expert, therefore the world will not going to be back to normal easily.


yeah, pandemic is not over, but there is plenty of fresh money in the market, due to money printing, and that money has to go somewhere, so this could cause a bull market after the pandemic sees end, of course no one can exactly tell when this is going to happen, but should be in next two months, due to hot weather and measures of social distancing, and this should boost economy, and money should spill in crypto as well, will see how this is going to turn out, even now some stocks are in plus, like Netflix, and Gold is up, so BTC and crypto should be as well
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April 18, 2020, 01:53:01 PM
 #47

There is nothing much reflection it will have at the price of Bitcoin if we should judge from the past. Most of the Bitcoin crazy upsurge always come after the halving and this year's own might not be exceptional.
at the moment, there doesn't seem to be an increase in the prices of bitcoin and altcoin, though halving will arrive soon. I think that bitcoin will become dominant again, but it looks like the altcoin movement is really following the current flow of bitcoin. I feel that the increase in bitcoin and altcoin that will occur later will not be the same as in 2019.
what is good about 2019 is that the 3rd quarter bull?this is not even close to the last halving effect of 2017 so why need to compare for 2019 when the last halving is what brings us good market pacing.
and maybe there are no Hype waiting this soon but at least by the last quarter of 2020 or the first quarter of 2021 there will be another Bull coming.
There is now hype all over the internet and even here the forum where people are too excited and have a high expectation about the halving. We saw a lot of effect in the halving in this past years but the halving that will happen is different because we are still in the crisis where we can expect that the price of the bitcoin will decline more due to the high selling pressure in the market.

what is good about 2019 is that the 3rd quarter bull?this is not even close to the last halving effect of 2017 so why need to compare for 2019 when the last halving is what brings us good market pacing.
We can't expect a bull run this year, the pandemic maybe over but that's just because they found the cure, but the vaccine will not easily be develop, it will take time according to expert, therefore the world will not going to be back to normal easily.

During the last bull run, the economy is good, people are willing to invest that time, this year, I have a doubt.
The bull run will not happen due to the pandemic, there are many economies that are now start collapsing so the investors are  now withdrawing their money in order to protect the wealth. As long as the 200 moving average resists in the chart, expect more downtrend. If there will be a breakout in the 100 moving average then it only means that the market is healthy and the buyers are in control.
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April 18, 2020, 08:57:05 PM
 #48

The current situation is difficult to expect in a big way. Because the world economy is in big trouble. Investing in this situation will hinder it. But if you look at the last two halving, then you can understand how the market reacted. So everyone still expects good results. However, due to halving only Bitcoin can pump. I don't think altcoin will have any effect here, altcoin may be dump more due to current conditions. Because people are more interested in Bitcoin than altcoin.   

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April 18, 2020, 10:53:03 PM
 #49

The current situation is difficult to expect in a big way. Because the world economy is in big trouble. Investing in this situation will hinder it. But if you look at the last two halving, then you can understand how the market reacted. So everyone still expects good results. However, due to halving only Bitcoin can pump. I don't think altcoin will have any effect here, altcoin may be dump more due to current conditions. Because people are more interested in Bitcoin than altcoin.   
This is true because if we do try to look up the economic situation globally then its really hard to believe that there would be
considerations for those investors to throw up some money into any stocks and other traditional investments how much more on crypto
where this one is always been out of the check list of most those traditional investors.

So i dont really expect much if there would be significant effect on this upcoming halving in both btc and some alts but i wont really
lose hope that effect would be seen on long term aspect but well anything has do risk.

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April 19, 2020, 01:57:14 AM
 #50


Just my own opinion about this one, its really hard to tell on what would be the situation in upcoming halving event and since we are still on a difficult situation
i dont really expect that much.

It's interesting to see what would be the market like at this situation, imagine halving in the time of pandemic, this is so far the biggest challenge Bitcoin will ever face, but I don;t see Bitcoin crashing after the halving now that the market is stabilizing, thanks to the good news we are receiving about the vaccine, time now is what the world needs to come out with an effective vaccine.

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April 19, 2020, 06:40:11 AM
 #51


Just my own opinion about this one, its really hard to tell on what would be the situation in upcoming halving event and since we are still on a difficult situation
i dont really expect that much.

It's interesting to see what would be the market like at this situation, imagine halving in the time of pandemic, this is so far the biggest challenge Bitcoin will ever face, but I don;t see Bitcoin crashing after the halving now that the market is stabilizing, thanks to the good news we are receiving about the vaccine, time now is what the world needs to come out with an effective vaccine.
it's only a matter of time until this pandemic is finished. apart from that, I really appreciate that bitcoin really struggles at times like this. Well, many people still believe that an increase will occur and that the recovery is going to the present. I didn't know halving would have an effect on bitcoin and altcoin. but it looks like it's worth the wait.

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April 19, 2020, 06:44:57 AM
 #52


Just my own opinion about this one, its really hard to tell on what would be the situation in upcoming halving event and since we are still on a difficult situation
i dont really expect that much.

It's interesting to see what would be the market like at this situation, imagine halving in the time of pandemic, this is so far the biggest challenge Bitcoin will ever face, but I don;t see Bitcoin crashing after the halving now that the market is stabilizing, thanks to the good news we are receiving about the vaccine, time now is what the world needs to come out with an effective vaccine.
This kind of event is rarely to see and that is why many people are excited, majority of the people saying that the bitcoin will go up while the pandemic still on going on but I'm with the side of people who think that there will no significant effect especially to the price of bitcoin even the halving become successful. Halving is good but the thing is different because we experiencing global crisis and it has effect to the cryprocurrency market.

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danherbias07
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April 19, 2020, 08:59:30 AM
 #53

It is not easy to predict it now since there is a lot of financial problem with every country because of the corona virus.

The halving might become just a normal day for everyone and we as supporters will not feel the effects of it unlike the last halving.
Maybe there will be some out there who will have time to check but it wont be just the same.
The adaption is already here which just needs to be increased. But we may need for people to recover first.

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April 19, 2020, 09:15:51 AM
 #54

Why no one pays so much attention to Bitcoin Cash and Bitcoin SV halving? As they are forks, probability that Bitcoin will show same result is more than 0 Smiley

These two alts had halving recently. BCH made about 5% in price growth, BSV - ~15%. Miracle did not happen and they did not sky rocket. I have a feeling that same will be with Bitcoins halving. It will make a +10-15% growth, but sadly, after there will be a correction. I think that after halving the price would be around $8,500.

R


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April 19, 2020, 10:47:55 AM
 #55

It is not easy to predict it now since there is a lot of financial problem with every country because of the corona virus.

The halving might become just a normal day for everyone and we as supporters will not feel the effects of it unlike the last halving.
Maybe there will be some out there who will have time to check but it wont be just the same.
The adaption is already here which just needs to be increased. But we may need for people to recover first.


Very much agree, in this case the halving will pass over and nothing really going to change,
Prediction, miners, price - these changes will follow


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April 19, 2020, 11:04:16 AM
 #56

It is not easy to predict it now since there is a lot of financial problem with every country because of the corona virus.

The halving might become just a normal day for everyone and we as supporters will not feel the effects of it unlike the last halving.
Maybe there will be some out there who will have time to check but it wont be just the same.
The adaption is already here which just needs to be increased. But we may need for people to recover first.


I agree! But, don't forget during 2-3 months before the halving price was low compared to the other times. But a few months after halving the price pump should be happen.
However, during all the previous halving we never has a crisis like this. That's why I believe this halving is different to the others. Also regarding the world economy almost broken I think we can't have have any forecast at this moment of the time.

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April 19, 2020, 12:45:50 PM
 #57


When Bitcoin and other cryptos make new price discoveries, the same thing as in 2017 is going to happen. People will FOMO in when Bitcoin is making new all-time highs and they realize crypto is not going to zero.


Lol 2017 is much far from this Halving,because in 2017 there is no Pandemic like now so even how the Price Discovery that you are pointing still now enough for this one.

I mean after the pandemic is over and 1 year or so after the halving. 2021.


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April 19, 2020, 02:22:31 PM
 #58

Once, bitcoin halving approaches and we see a rise in its price, altcoins are also going to increase in price as well. Coins like Ethereum, Litecoin, Ethereum Classic are going to ride up with the rise in Bitcoin but for newer altcoins price will not be affected much. It's best to invest in major altcoins if you are looking to make some profits out of this upcoming Bitcoin halving.

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April 19, 2020, 03:03:48 PM
 #59

Bitcoin is manipulative, as everything is based on calculation we can expect the halving to take place at the right time. Till now with every halving there is mutual growth with altcoins. Possibly we can expect the same to take place with this year's halving. This is the right time to invest consider the time period available for the halving. As there is no big money flow this time people won't be investing big. Maybe the end of pandemic virus attack will make people invest widely.

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April 19, 2020, 06:56:58 PM
 #60

The current situation is difficult to expect in a big way. Because the world economy is in big trouble. Investing in this situation will hinder it. But if you look at the last two halving, then you can understand how the market reacted. So everyone still expects good results. However, due to halving only Bitcoin can pump. I don't think altcoin will have any effect here, altcoin may be dump more due to current conditions. Because people are more interested in Bitcoin than altcoin.   
This is true because if we do try to look up the economic situation globally then its really hard to believe that there would be
considerations for those investors to throw up some money into any stocks and other traditional investments how much more on crypto
where this one is always been out of the check list of most those traditional investors.

So i dont really expect much if there would be significant effect on this upcoming halving in both btc and some alts but i wont really
lose hope that effect would be seen on long term aspect but well anything has do risk.

Yeah. The bitcoin market may change due to halving. Because at the moment, Bitcoin is the main choice for those who are thinking of investing in Crypto. Like investing in Altcoin in this situation investors rarely have. No one want to take big risk in this situation.

When all markets are in trouble, crypto is in the same state. So it seems good to see what's happening on the market at the moment.

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