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Author Topic: Bitcoin halving 2020 is almost here, are you ready?  (Read 1074 times)
kotajikikox
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April 19, 2020, 08:35:57 AM
 #21

There is nothing we could do even if we aren't ready it is almost time for halving.

But at least readiness is important in this phase mate,imagine there are possibilities of increasing and you are not ready?
You should realize what you will be missing in case that This make the market great again.
Definitely, I was and even since early this year. But the question is are the market ready for it? Maybe not...I hope to be yes but somehow the market never has a strong response because of COVID-19 causing them to uphold in having a low resistance. This coronavirus is a big factor that could affect the market performance as we are supposed to see it was going high as the halving comes near but we don't, and we can't expect the market to move high.
early this year we almost Hit 5 digits again so if given a chance again then for sure i will Sell all my Holdings to wait for the fall sooner.

danggoron
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April 19, 2020, 10:06:55 AM
 #22

Will history repeat itself? analysis using historical data is quite popular. Moreover, the BTC halving moment so far has brought big changes. This four-yearly opportunity is always best utilized by crypto enthusiasts. Although history can change due to many factors that influence it, like today which is quite alarming because the world is being hit by a pandemic. However, this will definitely give a change, holders will feel the long-term impact.

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April 19, 2020, 10:42:42 AM
 #23

I don’t think history will be repeated about the price. The reason is the financial crisis in the world. No one wants your cryptocurrency when you don’t have a job or lose it because of the financial crisis and the Coronavirus. If you don't have the money and lose your job, will you buy Bitcoin? of course no. In my opinion, the price of all cryptocurrencies will be very low for this year and the next one.
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April 19, 2020, 10:52:23 AM
 #24

Visually presented very nice, but you should still be aware of the facts that should be accurate. Bitcoin max supply is 21 million, and until this day there is 18 333 550 BTC mined which gives us in very simple mathematics 21 000 000 - 18 333 550 = 2 666 450 for mining, not 3 150 000 as is stated in OP.

Also, the same facts are repeated twice, and I do not see the point in such a way of presentation. Then I check that exchange and see that OP is merged two infographics in one...

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coolcoinz
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April 19, 2020, 11:16:22 AM
 #25

I'm pretty much ready, just as I've been ready the last time it happened. I'm also ready for a fall should that occur. It's not like I need to buy something with my coins here and now.
I'm pretty sure that the price of 6k dollars is too low right now and we should be around 10k. That's good news for those scared cats out there, but also bad news for poeople who think we'll go to 50k after the halving. Bitcoin has a potential for 200k+ price, but not yet.

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April 19, 2020, 11:16:45 AM
 #26

A nice way to put into one image.
I never thought it could be done.

Well, it is informative and it is also good to be kept.
Somehow, you won't need to google part by part of how the halving works and also what happens afterwards.
I see there is also a price graph. Really cool.

Nice work by Fox.exchange.

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Free1bitco.in
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April 19, 2020, 02:27:39 PM
 #27

yes, I am ready with any developments that will be brought by halving, even we have been waiting for this since 2019. although the current situation is quite bad, I hope that halving can have an effect that is in line with our expectations. Well, I hope that the effect can be seen after the first month.
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April 19, 2020, 05:07:59 PM
Last edit: April 19, 2020, 05:54:01 PM by sayam
 #28

Yes I'm fully prepared & hope that the result will be what I expected. Like many others, I don't think corona virus can able to create any negative effect this time.
aioc
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April 19, 2020, 05:45:28 PM
 #29

This is a very different halving for us, imagine halving in the middle of Pandemic, I don't expect much I'm just happy to see that Bitcoin is stable at this pandemic but will be very grateful if we have another big lift after the halving, I hope this pandemic will solve this year and so we can see the market to stabilize.

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April 19, 2020, 06:01:41 PM
 #30

This is a very different halving for us, imagine halving in the middle of Pandemic, I don't expect much I'm just happy to see that Bitcoin is stable at this pandemic but will be very grateful if we have another big lift after the halving, I hope this pandemic will solve this year and so we can see the market to stabilize.
Once the pandemic ends, the real face of the economical crisis that is now trying to be kept hidden from us will arise. So we're not really going to see stability in the near future imo. We'll only put the pandemic to sleep and wake up yet another hard time. Harsh year it looks like we're going to have.

I just don't get why some people expect Bitcoin to make waves immediately once the halving happens. It's not like some BTCs will fly away or anything, BTC will be just like it used to be before but it's going to reward us less every block mined.. what's the deal with this "are you ready" thing like the first rocket ever is going to take off? Cheesy
Kelvinid
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April 20, 2020, 01:46:10 AM
 #31

Definitely, I was and even since early this year. But the question is are the market ready for it? Maybe not...I hope to be yes but somehow the market never has a strong response because of COVID-19 causing them to uphold in having a low resistance. This coronavirus is a big factor that could affect the market performance as we are supposed to see it was going high as the halving comes near but we don't, and we can't expect the market to move high.
all questions can only be answered when halving has been completed. however, now we only need to prepare ourselves with the halving that will occur. however, I think that the halving effect for the beginning is $ 10,000, I think it will be achieved in May or June. Well, I'm excited about this.
It probably we go beyond $10k if the current momentum will continue and also to the point that we flatten already the virus during that time.
Market anticipations that most are doing now it eventually helping the market to move slowly back high and breaking the $7.2k resistance. But it was then recorder that previous halving show a massive impact on the price almost a year after and that could something to repeat as the market behavior seems to look the same.
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April 20, 2020, 01:54:23 AM
 #32

...
It probably we go beyond $10k if the current momentum will continue and also to the point that we flatten already the virus during that time.
Market anticipations that most are doing now it eventually helping the market to move slowly back high and breaking the $7.2k resistance. But it was then recorder that previous halving show a massive impact on the price almost a year after and that could something to repeat as the market behavior seems to look the same.

Yep, this is the right time to hold our coins. I think it will bump more than those $10k, not sure how up but it will be a nice surprise for us.

Some people say I'm too optimistic, but I'm just 'starting to believe'  Wink

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April 20, 2020, 02:45:36 AM
 #33

It looks great when explained like this but what is the truth?
The halving is near but it is as if no one really feels it.

I think it will just be like another day for the supporters because of the sadness brought by the virus.
I am not even a little excited about it unlike the last halving.
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April 20, 2020, 05:55:05 AM
 #34

I don't think halving this year will be a greatest events it will drive the price of bitcoin like the previous year, as we know the last year's cryptocurrency space paradigm was polluted by several irresponsible crypto projects. so, I will monitor what will happen next.

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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April 20, 2020, 07:07:35 AM
 #35

Everybody is ready for any type of events in bitcoin. Hoping that this halving event will really supportive for bitcoin but in today world every country or community running their own Cryptocurrencies so it is very difficult to say what will support or what will not support.whole world money is spreading in different projects so crypto will much more volatile in coming days. Inspte of that bitcoin is major currency that has been hold by more traders so looking to this halving is good concern.
Hoping for good to everybody in this world.

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April 20, 2020, 07:44:58 AM
 #36

I'm always ready for any ups and downs   Wink
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April 20, 2020, 08:05:55 AM
 #37

This is unavoidable, so there is no point in discussing it.
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April 25, 2020, 02:26:43 PM
 #38

I'm pretty much ready, just as I've been ready the last time it happened. I'm also ready for a fall should that occur. It's not like I need to buy something with my coins here and now.
I'm pretty sure that the price of 6k dollars is too low right now and we should be around 10k. That's good news for those scared cats out there, but also bad news for poeople who think we'll go to 50k after the halving. Bitcoin has a potential for 200k+ price, but not yet.
I still have some doubts as to how the halving of Bitcoin mining rewards can affect the price of a cryptocurrency.  Of course, you can take into account 2013 and 2016 for a more thorough study, where after 2016 bitcoin showed too fast a price growth rate.  Of course, this could happen as a result of the halving, but one must also take into account the fact that that period was the peak of the too active phase of investment in cryptocurrency and the growth in the number of new projects.  Of course, every cryptocurrency user expects in May 2020, while buying an affordable amount of bitcoin, but we can only judge the results after this event.
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April 25, 2020, 02:37:57 PM
 #39

Ready or not here we go. May 12 isn't? I can only wish for a diff decrease. but honestly doubt it. Mining is destined to become less and less profitable over time as intended.

Atypical halving, in the mid of a deadly world pandemic, the world economy collapsing, and bitcoin proudly recovering from a minor fluctuation.

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April 25, 2020, 02:48:04 PM
 #40

nice presentation @op  but is that really yours  ? i see that there is a link written on the image   but not that important anymore as long as you share a good and understandble content here even for noobs like me   .  this makes me more excited for halving   but who wouldnt be  ?  they say price can dramatically increase and also performance of btc can also improve to as well  . making it more faster and expensive than usuall  .  we can forget covid issue for a while and lets celebrate this event shall we  .
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