26 days to the halving left, what are you expecting?

[Youghoor]

Yeah, the anticipated Bitcoin halving is hear upon us and I know everybody is anticipating huge gains but honestly speaking I don't think it the price of bitcoin will increase like it did back in the days. At least during those days economic production had not been slowed as things are now at the moment because of the spread of the virus. hopefully, our scientists will find a cure so that things can go back to normal.

[FlamingFingers]

The halving will lead to a rise in bitcoin but might not reach the peak of price that we most expected, main looking at it the year after halving is usually a huge increase in price for bitcoin,  I would not be surprised if such happens again as against next year,  we all saw what happened to Bch halving despite the whole hype it got.

[tomahawk9]

I expect:
*Dissapointment, FUD, weak hands panic, sell-off, some turds spam the network to futher spread bearish sentiment, we touch the bottom, cheap coins, bulls return, bears BTFO, and then moon*
This could very well happen over the next 6-8 months. Source: trust me, bruh.

On a serious note, forget the halving...If by some miracle the global economy begins the recovery phase this very same year, expect BTC price to skyrocket like never before, tons of money waiting to enter crypto ecosystem, retail and big time investors are impatient.

[adzino]

The halving will lead to a rise in bitcoin but might not reach the peak of price that we most expected, main looking at it the year after halving is usually a huge increase in price for bitcoin,  I would not be surprised if such happens again as against next year,  we all saw what happened to Bch halving despite the whole hype it got.

Just please don't compare BCH with BTC. You are saying the halving "will" lead to a rise in price. How come you are so sure that it will cause the price to increase? If you are comparing it with the previous halving, then you probably are wrong. Look at the current situation. Lot of unexpected events are taking place and more are going to come. Look at the current economy. I doubt the price is going to increase, but who knows.

[pixie85]

Why are you so concerned about the short-term price action OP?

Will it pump, will it dump? Does it really matter? If it dumps it's only going to be temporary.

If you want to make a quick buck you can try shorting the stock market. If the recession really hits it's going to fall even lower and these things always come like an aftershock of a big event. The economic shutdown was the event, now we're waiting for the shockwave to hit, starting from the poorest countries affected.

[BlackFor3st]

I think we all know that the halving will come in 26 days  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 am not hoping too much to the incoming halving due to the pandemic that we are currently facing right now because many small investors will likely to focus themselves on how to survive in this type of situation. So the demand will likely to remain for the big investors who have enough money to sustain their daily lives even in lockdown while putting a good amount of investment in bitcoin and other currencies.

Most likely the market will behave to what it is right now, it will increase a little then decrease a little also. But if this pandemic will be finish, I will be expecting a good come back to the market that will trigger the bull season but with regards to halving, the timing is not good so I am not expecting too much right now. 

[princesspoppy]

Some are quite excited about the upcoming halving because of the positive impact it may cause to the market, but for me, I don't wanna expect too much from it. Our world is currently experiencing crisis, many people are starving and some investors are/may be struggling with this situation. No one knows when will the vaccine will be made. But still, even if vaccine is to be made as soon as possible, many people will still focus their attention on how to come back to normal days where they have extra money to be used for investing.

[FlightyPouch]

Despite the fact that we are still affected by the pandemic, I think it could still affect the price positively in some way. It might increase but not that much and not that long considering people wanting to sell some of their bitcoins so they could provide for their family or themselves. I am expecting not that much but deep inside, even though it is not the same in the past's halvings, it will have the same result.

[KonstantinosM]

No-one knows for sure, but I expect the price to go up.

It's simple really, there is all that stimulus going on due to Covid-19 and then there is less newly minted supply.

We're really not ready for another bull-market but I see no reason why one couldn't just kick off.

[TIDOVEE]

I think we all know that the halving will come in 26 days   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?

As far as I'm concerned, for this halving, I'm not expecting so much effect for the next 5 months. Well! I'm not attributing this to the pandemic as a factor but Even before the virus outbreak must of us knew we can't get something much until the year end of the year.but one we know that with halving we have broken the bearish.its better one take more time to invest once it comes in and have the best at the bull.

[Kemarit]

I think we all know that the halving will come in 26 days  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?

No one really knows that's going to happened pre-halving. But if you go back to the last halving in 2016, the price drop 10% if I'm not mistaken on the day itself, but quickly bounce back. But we can't compare those previous halving, as obviously, many things have change, maybe we can witness some delay on the price increase because of the Covid-19. So many parameters to consider. As far as mining goes though, still the same 'Game Theory', honest miners will continue to secure the network, regardless of the hashrate, IMHO.

[meanwords]

Why are you so concerned about the short-term price action OP?

Will it pump, will it dump? Does it really matter? If it dumps it's only going to be temporary.

If you want to make a quick buck you can try shorting the stock market. If the recession really hits it's going to fall even lower and these things always come like an aftershock of a big event. The economic shutdown was the event, now we're waiting for the shockwave to hit, starting from the poorest countries affected.

I don't think he is really concerned base on the topic he opened but do not be surprised that a lot of people are expecting are expecting a short-term pump since there's a lot of speculators here in the cryptocurrency space. To be honest, I don't really think a major pump would happen anytime soon. There's still a crisis happening right now and investors are still at stand-by by the time halving happens. Maybe we would see the affect after 5-10 months just like the 2016 halving.

[Little Mouse]

As per the history, price should be pumped as after the halving the regular supply will be decreased huge. About the hashrate drop, I agree it may decrease for sometimes instantly after the halving because of rewards being halved but that will not be longer.

[MCobian]

Yes, it's getting closer when halving occurs, even though market conditions are still not showing an increase. But I remain confident when halving
happens will have a positive effect. The price of bitcoin will rise, then it will be followed by other coins which will also go up. Despite the rise
in price of bitcoin may not reach all time high. Luckily I already bought bitcoin when the price of bitcoin dropped to $ 4000. So I am optimistic
when halving occurs can enjoy profit.

[omone1]

Halving may not immediately impact positively on the price of bitcoin. Currently, the market is under manipulation I am scared for people that will fall for price downtrend thinking bitcoin is correcting only to wake up and see they need to buy at a higher price.

[pooya87]

it is impossible to predict in my opinion. under normal circumstances the halving itself is a hyped up event that will always lead to a rise, even a small one, in the market in short term during the 2 months period. but we are not in normal  circumstances at all. right now there is a lot of FUD going on and a lot of fear that is preventing any buys from taking place. on top of that the world economy is in a pretty bad shape and although bitcoin price only took effect for about a week but right now it is acting as some sort of preventing factor that is stopping the rise from starting.
with that said, all it takes for the FOMO to kick in and we see a gigantic rise is for one of the resistances to be broken then we see everyone rushing to buy and price can each something like $15k in about 2 or 3 days.

[Ozero]

I read that halving should happen on May 13th. In the near future, because of this event, I do not expect anything too big. As the practice of the last two divisions shows, a good growth in the cryptocurrency market due to a decrease in the reward to miners by half for each new block mined occurs only during the year after that. So the increase in the price of bitcoin will be necessary, but not immediately.
Now, most likely, you need to watch how the price of bitcoin, and the entire cryptocurrency market, will react to the global economic crisis, which we have already begun to enter. Here the price can really start to rise.

[CryptopreneurBrainboss]

I think we all know that the halving will come in 26 days   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?

From the reaction of the market so far I don't think we should be over optimistic and expecting a positive reaction form the market in the short run. The Corona virus fear can still be heavily felt among the community as the uncertainty of the economy of the world is making individuals to sell their assets forecasting more economical meltdown. I doubt nothing will happen since the philosophy of the market resolves around buying the rumors and selling the news. There's just two ways the market will react, that's price increase or decrease.

Irrespective of how the market reaction in the coming weeks, we should be rest assured that on the long run, the successful halving of the block reward if bitcoin will have a positive impact on the price of bitcoin.

[Oasisman]

Nothing special is going to happen. No sudden pump, but It could fall again. I dont think whales are gonna do something about it because everyone is expecting a good price. This event will turn the investors into a disappointment, thus it might cause a slight drop of price, which is actually happening right at this moment.
I might say, bull run might happen next year or the 4th quarter of this year. The market movements doesn't seem interesting for the optimistic people these days.

[Eplus_Team]

I think we all know that the halving will come in 26 days  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?

More Miners going Bankrupt ,

Bitmain will most likely activate those hidden ASICS , not yet sold and keep hashrate near the normal.

Bitmain has been playing the world for fools for years.

If they have "hidden" asics why would the wait for the halving to turn them on?

Well Bitmain lost alot of market share since they started joining the BCHABC team, their Pool has currently 12% of the btc hashrate