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Author Topic: Bitcoin Halving 2020 and Altcoins  (Read 829 times)
Botnake
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April 19, 2020, 11:42:24 PM
 #61

Bitcoin is manipulative, as everything is based on calculation we can expect the halving to take place at the right time.
Bitcoin is more of a speculative asset, manipulative is on the hands of the investors especially the whales as they have some big stash to manipulate the price. Anytime when they move bitcoin, it could cause some significant changes in just a short time only.

Halving will take place as per schedule, and we can't tell what price it will bring.
As of now, we have only have less than a month - https://www.buybitcoinworldwide.com/bitcoin-clock/

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April 20, 2020, 12:46:30 PM
 #62

Halving will take place as per schedule, and we can't tell what price it will bring.
As of now, we have only have less than a month - https://www.buybitcoinworldwide.com/bitcoin-clock/

It's less than a month but the price is still not bullish, supposedly, bitcoin should be bullish now but it's not so we can say that bitcoin halving is affected by the pandemic, at least for now, and if we think bitcoin will rise post halving, well, still not sure as we are not even sure how this covid-19 will be stop.

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April 21, 2020, 09:29:30 AM
 #63

Halving will take place as per schedule, and we can't tell what price it will bring.
As of now, we have only have less than a month - https://www.buybitcoinworldwide.com/bitcoin-clock/

It's less than a month but the price is still not bullish, supposedly, bitcoin should be bullish now but it's not so we can say that bitcoin halving is affected by the pandemic, at least for now, and if we think bitcoin will rise post halving, well, still not sure as we are not even sure how this covid-19 will be stop.

We don't know "when" will it stop but I am sure there are those people that know how to contain and stop this in the long run.

The price is still at that stage but I think it is also affected by the pandemic. Right now, we just need to be vigilant to price changes as it might move suddenly before the halving. This should be favorable especially to those people that want to reinvest or invest in Bitcoin.
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April 21, 2020, 10:18:21 AM
 #64


We don't know "when" will it stop but I am sure there are those people that know how to contain and stop this in the long run.

The price is still at that stage but I think it is also affected by the pandemic. Right now, we just need to be vigilant to price changes as it might move suddenly before the halving. This should be favorable especially to those people that want to reinvest or invest in Bitcoin.

Containing this pandemic means creating a vaccine, and usually vaccine can be available for at least 1 year before it will be available for public use. But in this case, I guess scientist will do everything they can to provide a vaccine asap. While the market may not be directly affected by the virus, but It also made a slight damage since people would always choose fiat over cryptocurrency amidst the lockdown. Nevertheless, Bitcoin is still in a good figure these days.

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April 21, 2020, 03:49:30 PM
 #65

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.
I agree with you. however, right now my heart is so easy to change. seeing the price of bitcoin go back down, made me a little disappointed. Well, I'm very enthusiastic about the development of bitcoin and altcoin this year, it's just that the current developments are developing at $ 6k and $ 7k. I think of a greater effect because halving is only a few weeks away.

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April 21, 2020, 04:26:59 PM
 #66

Halving will take place as per schedule, and we can't tell what price it will bring.
As of now, we have only have less than a month - https://www.buybitcoinworldwide.com/bitcoin-clock/

It's less than a month but the price is still not bullish, supposedly, bitcoin should be bullish now but it's not so we can say that bitcoin halving is affected by the pandemic, at least for now, and if we think bitcoin will rise post halving, well, still not sure as we are not even sure how this covid-19 will be stop.
oil and the stock market are also experiencing bearish, this should be a new start for crypto currencies, especially Bitcoin can start a beautiful bullish, but everything is just bullshit ?, we still hear market sentiment that bitcoin will plunge into $ 5000 - $ 6000, terrible
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April 21, 2020, 06:15:35 PM
 #67

Containing this pandemic means creating a vaccine, and usually vaccine can be available for at least 1 year before it will be available for public use. But in this case, I guess scientist will do everything they can to provide a vaccine asap. While the market may not be directly affected by the virus, but It also made a slight damage since people would always choose fiat over cryptocurrency amidst the lockdown. Nevertheless, Bitcoin is still in a good figure these days.
That's exactly right, without vaccine we can never really stop it, we can try to only contain it and that is all we can do right now which is why there are lockdowns in many nations and billions of people are not going out of their homes. However I do not agree with the one year thing, that is only true when there is a new medicine for something that you are working on with no rush at all, if you want to make a new vaccine for liver diseases for example it can take from 1 year to even 5 years if you are not sure about some parts of it.

However this is a global pandemic that keeps people at home at all times which is why there must be some sort of rushed thing that people are working on to make it a lot more quicker than usual, in a year the vaccine will not be important because by the looks of it we will be economically screwed if its that late, I think 3-6 months is more likely with faster research.

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April 21, 2020, 08:30:01 PM
 #68

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.
I agree with you. however, right now my heart is so easy to change. seeing the price of bitcoin go back down, made me a little disappointed. Well, I'm very enthusiastic about the development of bitcoin and altcoin this year, it's just that the current developments are developing at $ 6k and $ 7k. I think of a greater effect because halving is only a few weeks away.
You should have at least wait for the right time and waiting for that halving to happen is just the start of the waiting game of when would Bitcoin price starts to rise. At least give it a few months and you will see the real effect despite of what is happening around the world we will surely see the new ATH of Bitcoin by next year I assume. I kinda hope that most altcoins by that time should at least give a green signal so that we can really tell that we are really in a bullish market.

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April 21, 2020, 11:27:55 PM
 #69

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.
Because it never gives attention to the community and most especially from the investors.
These coins are just shit, clone from Bitcoin, nothing have to expect from them? Investors will rather choose Bitcoin even the price will drop because they know that Bitcoin can be trusted. We have come to this halving as a reward but somehow we couldn't expect and maybe we should not expect huge market pumps, maybe it was a miracle of we could see that. Therefore, we could also say that altcoins will look the same as what it has today...nothing new.
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April 22, 2020, 05:42:21 PM
 #70

do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
This pandemic should be beneficial for Bitcoin and other cryptocurrency, try reading news about this on Google,
you will get something interesting about this crypto currency and pandemic , or you watch in youtube, many people have a information, this is time for Bitcoin Bullrun  Grin

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April 27, 2020, 11:23:15 PM
 #71

do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
This pandemic should be beneficial for Bitcoin and other cryptocurrency, try reading news about this on Google,
you will get something interesting about this crypto currency and pandemic , or you watch in youtube, many people have a information, this is time for Bitcoin Bullrun  Grin
That is true, as we can see bitcoin price is increasing although we are in pandemic situation also the economic in some countries are in bad situation. I'm never expected that bitcoin price will increase even I just have a prediction that the price will touch another all time low. The people will only believe to store their money in gold because it was considered as safe heaven place. But I think the people now have another place beside gold to store theie money when economic situation is bad, they will buy bitcoin.
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April 28, 2020, 07:03:29 PM
 #72

do not create high expectations about this halving, with this pandemic one cannot expect large price increases. in short: this year is a great disaster for everyone and from what I see the situation is getting worse every day
This pandemic should be beneficial for Bitcoin and other cryptocurrency, try reading news about this on Google,
you will get something interesting about this crypto currency and pandemic , or you watch in youtube, many people have a information, this is time for Bitcoin Bullrun  Grin

I think what he is trying to say is that with this pandemic still around, there could be looming recession. And with that, people might sell their crypto asset to sit out and survived in this crisis. So this will be a bad news for crypto. However, it proves again that it is very resilience, we have survived the flash crashed and it seems as we approach the bitcoin halving, there could be some sort of bull run, which is very good news for us, specially holders.
I congratulate those of you who have been able to survive in the midst of this pandemic, and succeed in holding onto your crypto assets,
and finally you can benefit, but for people who need money to survive have to sell it, you have to understand their feelings friends, I understand that, the price has indeed been a temporary dump, and now it's recovery

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