LogitechMouse
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April 18, 2020, 09:59:53 AM |
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For me, I'm still expecting that the price of Bitcoin will increase as the halving comes near but not that much. I don't want to expect too much now that there is a global pandemic that is happening.
In one video of Andreas Antonopoulos, he said that he doesn't know either what will happen to the price of Bitcoin because many are asking him what will happen to Bitcoin and its price after halving. I think we must think the same too that lets not expect something about it. Lets just be ready in whatever happens in Bitcoin after halving. If it goes up then good for holders and some traders but if it goes down then still good for those who want to accumulate more.
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Inkdatar
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April 18, 2020, 10:53:48 AM |
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As halving comes many of us had the expectation that price of bitcoin may experience of increased once again. But their is still the possibility price may sudden dump and won't increase different to what we expect for us to earn profit. Whatever maybe the outcomes of bitcoin price this coming halving, let's be positive that we could still earn and if no increase happen lets accept the fact that crypto market has it's volatility and has the unstable price.
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Tipstar
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April 18, 2020, 11:21:12 AM |
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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.
At least they should have been our initial though, we need to see the price hits 5 digit again and then we will see how it will go. Because if we hit that magic number of $10k, there will be FOMO fuel again and push the price even further. So this is what people are expecting this coming halving, just a couple of weeks now. Others are excited by there are people who chooses to stay calm and see what it will bring, but I'm sure everyone is hoping for the 5 digit at least. Either good or bad, this halving would give a direction to the bitcoin project. Bitcoin hash power has always been on increase. With current price and bitcoin halving, many of personal miners would go on loss as reward decreases. Either the hash power needs to decrease or the price needs to increase over 10K for the profit/cost to be whole number.
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Rosilito
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April 18, 2020, 11:30:26 AM |
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Nothing happens during halvings. If there is to be an effect it starts in the following year.
Just exactly on what I thought. Well based from history, changes follow up the next year after the halving occur. What really certain right now is that we are totally clueless, zero ideas what possible circumstances might occur right away the halving specially in this time of crisis. Though there are too much hype with the incoming but that doesn't mean everything would go upward, people have prepared a long time before halving. Anyway, with the current market approaching the day everyone were looking for, as I see market would stay stagnant at $7k till that day, no suprising pump.
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tsaroz
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April 18, 2020, 11:35:45 AM |
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Nothing happens during halvings. If there is to be an effect it starts in the following year.
Just exactly on what I thought. Well based from history, changes follow up the next year after the halving occur. What really certain right now is that we are totally clueless, zero ideas what possible circumstances might occur right away the halving specially in this time of crisis. Though there are too much hype with the incoming but that doesn't mean everything would go upward, people have prepared a long time before halving. Anyway, with the current market approaching the day everyone were looking for, as I see market would stay stagnant at $7k till that day, no suprising pump. The rapid growth in price occurs after the bitcoin halving as shown by graphs after last two halving but the period before halving is also characterized by gradual increase. Bitcoin has rarely decreased in price before the first two halvings, so the situation now is a bit different but bitcoin at the moment is in increasing trend and I believe it would continue even to and after the halving.
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btc78
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April 18, 2020, 12:04:02 PM |
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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? sure there will be impact but maybe will not take effect instantly . Will nothing happen?
of course there is. Will the price pump or dump?
may Pump if pandemic is gone,but may dump if not happen. Will the hashrate drop dramatically and delay block times?
No its not but what will happen is depend on what the market stands when halving happens in May so lets wait until it happens.
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jhonjhon
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April 18, 2020, 12:46:07 PM |
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I supposed to think about Bullish during halving but I feel it is a hard way to find this time. We find it has less chance for the market to surge high, not really this coming halving but maybe we can have it months after. Even we fail to have Bullrun this year, I'm still not in the urge to become disappointed, not really it was because we know how pandemic it affects the market that has to put into big consideration.
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milewilda
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April 18, 2020, 12:59:58 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.
At least they should have been our initial though, we need to see the price hits 5 digit again and then we will see how it will go. Because if we hit that magic number of $10k, there will be FOMO fuel again and push the price even further. So this is what people are expecting this coming halving, just a couple of weeks now. Others are excited by there are people who chooses to stay calm and see what it will bring, but I'm sure everyone is hoping for the 5 digit at least. Either good or bad, this halving would give a direction to the bitcoin project. Bitcoin hash power has always been on increase. With current price and bitcoin halving, many of personal miners would go on loss as reward decreases. Either the hash power needs to decrease or the price needs to increase over 10K for the profit/cost to be whole number. There would be significant effect when it talks of miners since we know that block reward would be cut in half but i dont see the reason that this will be enough for most of them to completely stop operating. There might be some changes but wont really be that noticeable or big when it comes to hash rate thing.In talks about price increase then we cant still be sure yet if we would break ath or even reach once again on $15k level or onwards.It is much more preferable if we do saw a gradual phase of increase than on having a short or immediate spike.We do know on what comes next in case if that thing do happen.
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0zero0
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April 18, 2020, 01:04:20 PM |
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We can already see a change in the price of bitcoin. Earlier the price of bitcoin dumped to $5k due to the pandemic but since then bitcoin has recovered quite a little. The price has crossed $7k which is a significant growth right before the halving even. I do believe that the price will increase a little more before the halving occurs and probably cross $9k.
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thesmallgod
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April 18, 2020, 01:31:07 PM |
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I think a lot of people that expect the price to skyrocket will be disappointed and there may be not quiet price surge at the period people are expecting due to the halving. However, I am very certain some miners will stop mining due to unprofitability while some that can afford and pay less for electricity will increase their mining farm.
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acroman08
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April 18, 2020, 03:21:32 PM |
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only for the price to gradually rise and some miners shutting their operation down. I suggest don't expect too much since it will only disappoint you like a lot of people in the previous halvings expecting for the price to suddenly skyrocket after a week or a month after the halving happened.
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South Park
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April 18, 2020, 03:36:05 PM |
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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? So far after the crash we witnessed in the market we have seen a recovery and now we are above 7k, however we are lacking any kind of momentum, it is very difficult to pump the price higher than what it is already when everyone is still worried about the lasting economic effects the corona virus is going to have over the economy of the world, so at least to me it does not seem like this is the best moment to see a pump in the price of bitcoin, but bitcoin has surprised me before and I could be completely wrong in my analysis.
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Maestro75
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April 18, 2020, 06:44:26 PM |
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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? It will pump in price but this infectious coronavirus disease is trying to make the price and situation drag down. This halving is supposed to be a golden time for bitcoin to skyrocket and make investors and holders happy. May be, the price will later pick and go above $9,000 but am sure it will not dump below $6,000.
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Pamadar
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April 18, 2020, 06:56:30 PM |
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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? It will pump in price but this infectious coronavirus disease is trying to make the price and situation drag down. This halving is supposed to be a golden time for bitcoin to skyrocket and make investors and holders happy. May be, the price will later pick and go above $9,000 but am sure it will not dump below $6,000. The expected rise got interrupted by the pandemic virus, most of the traders / investors thinks that this coming halving is the spark plug to kicked out the bear since in the beginning of this year everything is moving smoothly bringing good start for the bull to bounce back. But because of this virus the economic crisis also affected crypto nobody knows what will happen after this halving hopefully vaccine already available from that time.
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Sebas.tian
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April 18, 2020, 07:25:21 PM |
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Im exptecting that btc price will be the same right after the halving. And we will see growth later, maybe at summer
You get it correct, the Bitcoin halving as we have seen so far, it price is likely to shoot after the Bitcoin halving, that's the to say; a post bitcoin halving. This will be the good thing about Bitcoin. Although we have see some improvement in the price increase of Bitcoin today, this might be the golden bitcoin halving which is today. I can still vividly remember that, post Bitcoin halving is always good for long-term investors and traders who don't panic during the pre-bitcoin halving. We should expect better days ahead as we draw close to Bitcoin halving.
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Zionatin
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April 18, 2020, 08:55:58 PM |
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I have always thought that the price would go way up during a halving but history has proved not so. It does make more sense to go up and since bitcoin has been around quite some time I think this halving will effect the price more than the previous ones. If the price does drop though I think it would be the best time to buy more bitcoin. I see most are with me on this.
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pixie85
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April 18, 2020, 09:02:58 PM |
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I have always thought that the price would go way up during a halving but history has proved not so. It does make more sense to go up and since bitcoin has been around quite some time I think this halving will effect the price more than the previous ones. If the price does drop though I think it would be the best time to buy more bitcoin. I see most are with me on this.
During the halving meaning what? 1 day before and 1 day after? It went up after each halving but needed a few weeks before it became clearly visible. It happened faster after the first halving and slower after the second. If we follow the same path it may even take a year before we see a new ATH but it will happen.
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btcholder
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April 19, 2020, 08:53:24 PM |
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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? At this moment it's really quite hard to explain. The hole world is suffering and everyday people getting more worried about their personal/financial life. I saw there are many projects stop their working because of corona from past months. People just want to be safe with their family. So in this situation it's tough to say anything about btc halving. But in my thought if corona situation over upcoming three months then btc price will be rise dramatically, otherwise nothing big will happen i guess.
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Kelvinid
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April 19, 2020, 10:53:10 PM |
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Looking for a Bullish market to appear during the Halving is totally out from reality. I know it wasn't sure about that but if we tale a look closely to the market movement, we can tell that there is no such play at all. I'm wondering where whales have to go this time, I miss them actually. Many people had hated them but they seem helping the market to move high just like what they did last 2017 Bullrun. Their market participation has a huge market effect and it was making the recovery slower than we ever think.
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Shasha80
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April 20, 2020, 12:28:35 AM |
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I hope that bitcoin can pump when halving occurs, although now many people doubt that bitcoin will pump when halving occurs. Because seeing the market now has not changed much, bitcoin prices are still stable. There is no sign yet that bitcoin prices will pump.Though halving will happen a few weeks from now. But I'm still optimistic that bitcoin will pump, at least to the price of $10k.
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