pakhitheboss
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April 17, 2020, 10:51:53 AM |
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I think we all know that the halving will come in 26 days ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Im just wondering what are you thinking what impacts will the halving have? Will nothing happen? Will the price pump or dump? Will the hashrate drop dramatically and delay block times? I expected a lot from Bitcoin this year, but things never go as you expect them to and the same is happening now. Before the pandemic had spread I was expecting Bitcoin to easily touch 10k but now I doubt it will happen. If this pandemic is not controlled sooner then after halving I Bitcoin will dive down to 3k. It is still struggling to hold 7k at the moment and I am pretty much convinced that till halving it will hover around the present region.
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rodskee
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April 17, 2020, 11:14:36 AM Last edit: April 17, 2020, 11:25:14 AM by rodskee |
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I think we all know that the halving will come in 26 days ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Im just wondering what are you thinking what impacts will the halving have? there are no big impact so far as we look at the market now though staying at 7k$ level and this is enough to be contented so far.
Will nothing happen?
there is already happening mate,Look at the market and you will see the answer.
Will the price pump or dump?
either what happen is not yet confirmed because unstable market is what we have now.
Will the hashrate drop dramatically and delay block times?
i dont think this will happen because even there is a crisis here still Miners will make good profit.
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Becky666
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April 17, 2020, 11:42:32 AM |
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It's all right, I don't think it's worth worrying about right now.
You're right mate, this has.nothing to be worry about because things are changing for the betterment of those who hold up their bitcoin for a long-term. For those who bought at the very dewo of $3800 and $6420 will be more lucky for a long-term holding as the cryptocurrency revive itself. Particularly, am holding right away and not ready to sell off my portfolios. Am expecting more move from Bitcoin during the pre-halving and higher during the post-halving so, for those who are yet to buy, kindly secure your chance now because we're going to boom in my opinion.
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Yamifoud
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April 17, 2020, 11:48:41 AM |
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I'm thinking about a pump early this year as the market shows a positive look at the start but something it is impossible to happen as we are facing the crisis today. 26 days (left) isn't enough to see a bullish if the market trend goes like this. Maybe we have to accept and might this halving isn't really creating a bullish unlike the previous halving did.
But anyway, I'm so glad to see Bitcoin's prices seem in a good position. Though altcoins suffer a huge dump but I'm not thinking that it worsens as halving has to finally at its launch. Instead, it could some way to uplift their current market situation.
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ultrloa
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April 17, 2020, 12:09:22 PM |
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It's all right, I don't think it's worth worrying about right now.
You're right mate, this has.nothing to be worry about because things are changing for the betterment of those who hold up their bitcoin for a long-term. For those who bought at the very dewo of $3800 and $6420 will be more lucky for a long-term holding as the cryptocurrency revive itself. Particularly, am holding right away and not ready to sell off my portfolios. Am expecting more move from Bitcoin during the pre-halving and higher during the post-halving so, for those who are yet to buy, kindly secure your chance now because we're going to boom in my opinion. Right good decision for them if they still hold up and doesn't even get panic with the several dumps happening in the market since might provably they can earn more when the block halving is closer to be happen, And I have a great feeling that we will see a good pump coming especially if the Covid-19 will be controllable and majority of people will come back to join the block party.
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Russlenat
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April 17, 2020, 12:11:58 PM |
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I guess I'll just have to observe the market for now, it's hard to expect that the price will rise with what we are facing right now. We are fighting for our lives now, we can't go hold and I don't think investing would be the priority of this time for most of us, and with less people investing, there's just less hype.
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ballerin and giroud
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April 17, 2020, 12:13:46 PM |
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I hope bitcoin price is always up and pull many new investors. Because it is the key for bitcoin miner still open their mining rig. I just thinking if there is no change for bitcoin price, it mean bitcoin price never reach $9000 price then there won't be any miner who keep mining bitcoin. The mining dificulity will increase and it means they should be upgrade their system in order to be able to mine. I ever read as well an article that the cost electricity to mine bitcoin it will increase around $3000-$5000 per months. Just imagine if bitcoin price didn't increase maybe the miner will leave immediately.
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polarfckingbear
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April 17, 2020, 12:28:12 PM |
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I believe bitcoin in the long run is going to do very well.
However, with the halving coming i do not see it initially increasing the value of bitcoin at all. Miners are barely breaking even at this point, and there is currently VERY BIG motivation for them to short bitcoin and then completely dump their share onto the market. If miners got together to do this they could potentially create a bit of a snowball if weak hands started to sell off.
So they short the bitcoin price. Dump their bitcoin. Price drops. They buy back in low buying even more than before as support builds.
If big mining pools do this in unison it could have a knock on affect and push bitcoin down to USD $3-3500.
I still have no clue what the actual result will be, it is all speculation. However if you are assuming BTC will pump after the halving, put in 20% of what you want to and if it drops buy more in steps if the price does continue to fall. In the long run bitcoin has a long way to go yet before it reaches saturation.
We are still in the dial-up era of internet for crypto. It is still very early days.
Cheers and good luck.
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Sayma83
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Iqcash
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April 17, 2020, 12:45:58 PM |
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I think this year's Halving may be a little different, we've always seen Bitcoin do a lot of pumps after Halving, but to me it seems like this year Bitcoin will not do as big a pump. And Covid-19 can have some effect on it, because people are in the midst of panic now so nobody wants to die leaving their investments in the virtual world, because no big pump is expected to come out. It could just be my personal opinion, but vice versa.
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Sanugarid
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April 17, 2020, 01:23:39 PM |
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I think it's priced in by now, we saw the price jump from high 3's to now $7,100, I don't think we will see a massive jump quickly.
Well it is possible though, from core of speculation we can really achieve an easy jump price especially people these days are very optimistic with the upcoming halving event. The price today may be disappointing, but don't get that wrong, the time to invest is now actually the best time when the halving is 3 weeks far we can totally get what we wanted with so much speculation and whales movement.
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kayvie
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April 17, 2020, 01:59:08 PM |
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From the current jump we have in the price of bitcoin, what I expect to happen is another jump. I am not expecting too much but it will probably bring a positive effect to bitcoin. But there is still this doubt that I have due to the pandemic that we are facing right now, I know it is not affected but investors around the world might have a hard time investing this time. It is possible that the price increase will be slower than expected.
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LbtalkL
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April 17, 2020, 02:15:10 PM |
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I am hoping there is an uptrend but after reviewing past bitcoin halving, the price does not go up automatically, Often about 150 days after halving the price will go up. I hope it is the same this time in 2012 halving from $12.35 on Halving Day goes to $127.00 after 150 Days that's is a huge increase in price. I guess thinking negative things does not help this time so we need to be positive about it even we are in crisis now.
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finaleshot2016
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April 17, 2020, 04:02:17 PM |
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I am hoping there is an uptrend but after reviewing past bitcoin halving, the price does not go up automatically, Often about 150 days after halving the price will go up. I hope it is the same this time in 2012 halving from $12.35 on Halving Day goes to $127.00 after 150 Days that's is a huge increase in price. I guess thinking negative things does not help this time so we need to be positive about it even we are in crisis now.
IMO, bitcoin on that year wasn't really popular and only the market people are the ones who adapt its early stage. Now, there are many users and investors of bitcoin now, I guess it will not take a lot of days to gain its pump after bitcoin halving. I'm sure 100% that it will give a wonderful hike on the market and I'm fine with it even it's not a huge pump.
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online73
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April 17, 2020, 06:54:54 PM |
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Hello everybody. The most important thing that I expect is a strong manipulation of the price of Bitcoin, many here expect a strong price increase. My opinion is that the price will reach both the lowest prices, and so will conquer the highest heights. We live in a very good time - there are no rules, as in the wild west, it is in such times that either everything is lost or huge fortunes are made. Now you just need to accumulate this asset, use any purchase opportunity at a lower price. You don’t have to be a very learned person to understand a simple thing, - the reward will be reduced by half to the miners, the main producers of this asset, then sooner or later there will be a good price increase, we all need to be patient.
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vapourminer
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what is this "brake pedal" you speak of?
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April 17, 2020, 07:39:55 PM |
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If you based the previous halving to the upcoming halving I'm sure you will understand how the market supposed to be working when there is a halving.
if youre basing this halfing on the previous two... well.. good luck with that.
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verita1
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April 17, 2020, 08:02:13 PM |
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I want that halving to benefit us all. Because we are persevering in the utility of Bitcoin and in the construction of crypto space. It is important as some have commented to remain calm. Despite the circumstances for the community, this time has not been so bad. We will get out of this crisis very soon.
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Barcode_
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April 17, 2020, 09:24:20 PM |
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I am hoping the price of bitcoin would soar past $10,000 USD again after the halving event, I bought some bitcoins last month when the price of bitcoin crashed below $5500 USD. I am planning to hold those bitcoins I bought for long term investment, as I am expecting after the halving event, the price of bitcoin will have a high chance to rise because the bitcoin miners will have lesser amount of bitcoins to sell on the crypto-currencies trading market with the bitcoin mining rewards reduced by half.
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ritu_bd
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April 17, 2020, 09:40:34 PM |
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I think Bitcoin will show some surprises this year, because after every halving, the price of Bitcoin skyrocketed, and so many Bitcoin users have been able to understand in the last 8-12 years, and it is probably the 3rd halving of Bitcoin so those who missed the previous two halving. They will not want to miss this opportunity, which is why I am hopeful that the price of Bitcoin will skyrocket again. But in some days the price will drop but later the price will go up which we have seen before.BTC
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maydna
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April 18, 2020, 06:51:46 AM |
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~snip~
Same, bitcoin halving is an unusual case, and recent halving still results in pumping. Let's hope it happens again because I'm saving a lot of bitcoin right now and just waiting for this pump. $10k isn't unlikely because the last time it already reaches $9k but COVID-19 appears and it's going to send a metric of downfall. Even though we don't have proof that it will pump, I still have faith and being optimistic on the current situation of the market. I am sure it will happen again although we don't know the right time for that and no need to worry. We should use this time to saving more and more bitcoin while we still have time to do that because when the price starts to increase, we will miss the chance of saving bitcoin or perhaps, we are not late to do that, but we need to pay more than the price now. Perhaps, after Covid-19 ends, the crypto market will start to recover because that chance will be bigger to see it will happen. After all, people can do many things they like without stay at home again.
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HatakeKakashi
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April 18, 2020, 07:14:39 AM |
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Halving is near and only few weeks and halving will start and once people said that they have halving to the bitcoin they can think price will up but not sure about I think why people thinking like that just like in 2017 when we reach the ATH.
Im expecting that in during the halving there is no big movement will happen only a little bit but after the halving that's the time we can see price up or go down.
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