Oasisman
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April 30, 2020, 05:51:01 AM |
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If we will take a look at the chart and on the 2nd halving part. After the 2nd block halving there you see a new all-time-high. So, for me, probably like months after the block halving we can able to see a new all-time-high, like probably as what others said: The year 2021 is when the Bitcoin is probably getting its new all-time-high.
I just got back into crypto and saw about these few weeks ago. Still looking forward to what it will gonna happen. It was the first time I will witness the halving of bitcoin. But based on some sources I've read we might really see a good result this 2021 which is already predicted few months ago. Those predictions are based on the history of the past 2 halving which resulted into a bullrun few months after the halving. But, this doesn't mean witnessing a good price on 2021 is guaranteed. Remember, the Bitcoin block halving ain't about the price growth, but it's all about the literally halving of the miners' reward. However, a lot of people were fond and optimistic about the halving, thus It's giving a boost on the price movements because it will encourage the mass investors to pour more money in cryptocurrency.
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bitbunnny
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April 30, 2020, 06:10:48 AM |
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If we will take a look at the chart and on the 2nd halving part. After the 2nd block halving there you see a new all-time-high. So, for me, probably like months after the block halving we can able to see a new all-time-high, like probably as what others said: The year 2021 is when the Bitcoin is probably getting its new all-time-high.
I just got back into crypto and saw about these few weeks ago. Still looking forward to what it will gonna happen. It was the first time I will witness the halving of bitcoin. But based on some sources I've read we might really see a good result this 2021 which is already predicted few months ago. Those predictions are based on the history of the past 2 halving which resulted into a bullrun few months after the halving. But, this doesn't mean witnessing a good price on 2021 is guaranteed. Remember, the Bitcoin block halving ain't about the price growth, but it's all about the literally halving of the miners' reward. However, a lot of people were fond and optimistic about the halving, thus It's giving a boost on the price movements because it will encourage the mass investors to pour more money in cryptocurrency. Exactly, but we all know that history doesn't have to repeat. No one can't actually predict the outcome of this halving. Despite all optimism and big expectations the final result doesn't need to be very high price rise that all want. However, it's true that positive expectations might bring new fresh investors to Bitcoin.
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AngelJoshua
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April 30, 2020, 12:39:02 PM |
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If we will take a look at the chart and on the 2nd halving part. After the 2nd block halving there you see a new all-time-high. So, for me, probably like months after the block halving we can able to see a new all-time-high, like probably as what others said: The year 2021 is when the Bitcoin is probably getting its new all-time-high.
I just got back into crypto and saw about these few weeks ago. Still looking forward to what it will gonna happen. It was the first time I will witness the halving of bitcoin. But based on some sources I've read we might really see a good result this 2021 which is already predicted few months ago. Those predictions are based on the history of the past 2 halving which resulted into a bullrun few months after the halving. But, this doesn't mean witnessing a good price on 2021 is guaranteed. Remember, the Bitcoin block halving ain't about the price growth, but it's all about the literally halving of the miners' reward. However, a lot of people were fond and optimistic about the halving, thus It's giving a boost on the price movements because it will encourage the mass investors to pour more money in cryptocurrency. Exactly, but we all know that history doesn't have to repeat. No one can't actually predict the outcome of this halving. Despite all optimism and big expectations the final result doesn't need to be very high price rise that all want. However, it's true that positive expectations might bring new fresh investors to Bitcoin. Well, that's true. As of now, it's really hard to think about what will be the result. The current rise of the price might really because of the people who think it's the start of bull run again. That's why most of them are jumping in again just like what happened before. But we still believe that the next run will be in 2021.
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kryptqnick
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April 30, 2020, 03:37:01 PM |
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I see many people asking about these details and with less than 13 days has left for this event to occur, there are some people still don't know what is going to happen and when will this happen. these are some details about Bitcoin Halving that some newbies need to know. you can visit this site to know a few details about Bitcoin Halving. http://bitcoinhalvingdates.com/I'm not a fan of such websites, to be honest. The problem with the image is that it shows the correlation between halvings and bull markets (or tries to show), whereas it's not that evident that it's there, and correlation is not causation. There could be different factors contributing to the growth of the price, and there could be a different way of dividing the 'bull' and 'bear' periods that would not make the connection seem so evident. Some say history might not repeat itself, but apart from that, we are not clear yet on what's history (that is, whether halving was indeed the key contributor to the bull run before).
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thisnewcoin
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April 30, 2020, 03:56:43 PM |
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That's a pretty good website to know about Bitcoin halving, though I already have seen halving related several websites, but this one looks more informative. Actually, Knowing about Bitcoin halving statistics would be a good lesson for the newbies! But making them bullish is a bad idea! Today Bitcoin price showed a decent pump and dump, I think after the halving, Bitcoin price will go down, the real impact of halving will be effective after 1 year to 2 years! So, I am not that excited anymore, worrying about the pandemic!
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ZeeeN
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April 30, 2020, 05:16:22 PM |
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Casdinyard
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April 30, 2020, 05:41:43 PM |
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I've seen a lot of prediction lately on when will be the exact date and time will the halving occur this year, I've also seen some facebook pages having a guessing game with it but actually we don't know when exactly it will take place but for the count, it will happen between May 11 to 13. It is better to accumulate bitcoins now as halving is less than 2 weeks to occur, it will costs too much fee as the date coming near. If we will take a look at the chart and on the 2nd halving part. After the 2nd block halving there you see a new all-time-high. So, for me, probably like months after the block halving we can able to see a new all-time-high, like probably as what others said: The year 2021 is when the Bitcoin is probably getting its new all-time-high.
Halving always give a good run on the price of bitcoin during halving, however there is a massive dump after but I agree after few months after halving there is a high chance to see a new All time high, or at least near the All time high.
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rathaha10
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April 30, 2020, 09:00:20 PM |
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I see many people asking about these details and with less than 13 days has left for this event to occur, there are some people still don't know what is going to happen and when will this happen. these are some details about Bitcoin Halving that some newbies need to know. you can visit this site to know a few details about Bitcoin Halving. http://bitcoinhalvingdates.com/The is a nice graph showing halving details, thanks for sharing. I see that bitcoin price always increase after the halving as the market withnesed during the last two halving that happened however, people are being skeptical about the potential of the price increasing this time around as the entire market is more volatile now and couple with the fact that we've in bear market for so long might kill the drive to push the price more up
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Sam93260
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April 30, 2020, 10:11:14 PM |
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Hi, I just read the PlanB article. Something disturbs me in its analysis. I understand his numbers and have nothing to complain about. But his hypothesis is that the value depends on one factor while marginalizing the others. This factor is, according to him, the stock/flow ratio. But he never refers to time. Nor does it refer to the fact that metals are material assets, whereas bitcoin is immaterial. Gold has travelled through eras, through wars, and has been an object of fascination for all peoples. Gold is inexhaustible, and although it is obvious that its resource is not infinite, there is no end in sight. Bitcoin, as you have already mentioned, will one day be obsolete. In short, this lack of relationship to time worries me. What do you think about it?
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crustycrab666
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April 30, 2020, 11:25:19 PM |
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The prediction that prices rise after halving is a speculative view because it does not consider many factors. History data indeed provide reinforcement, moreover, it happened for two consecutive periods. We also need to consider the factor that at that time bitcoin was not as popular as it is now, the shape of the market was not as much as it is today. Where there is now a derivative market that is vulnerable to manipulation so that it can cause panic in large numbers.
It never hurts to expect, prices usually go up significantly about 1 year after halving. No one really knows, just take advantage of this opportunity well.
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Debonaire217
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May 01, 2020, 06:06:29 AM |
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After looking at the graph it looks like in this halving there might not be a big pump in the BTC price when compared to the last two halvings, BTC price was rocking and broke the 9k barrier and again it falters.
It's really hard to predict the price movement of BTC, will the history might continue?? Let's wait and see this interesting twist till halving.
This is a great conjecture though, I really hope Bitcoin's price decline just right before the halving occus. Imagine, we are about to enter the halving phase but we haven't store enough bitcoins in our wallet. So. an entry point in bitcoin's graph is a good start for this to happen, if bitcoin's price will decline maybe 6000$ or less, we can buy more bitcoin and celebrate because I am pretty sure that in a short span of time, bitcoin's price will spike too hard just right after halving occurs. But for me, the overall effect of halving will occur in a long term time frame, meaning to say that that it might take years to make sure that the increasing price will be stable because of slow market correction.
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Reid
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May 01, 2020, 07:26:46 AM |
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Thank you for the information.
I am a newbie, I just have a thought that this halving is something new to all of us. The next phase is unknown. With a little reward for miners what could be effects of it. Will some of them give it up because of the low profit or will they stay active thinking about the future?
I am looking at different scenarios. It may pump short term but then it will slow down afterwards. Will 5 digits be our next bottom to provide for miners? Will it never break down again?
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mezzaluna
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December 22, 2020, 07:56:05 PM |
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I see many people asking about these details and with less than 13 days has left for this event to occur, there are some people still don't know what is going to happen and when will this happen. these are some details about Bitcoin Halving that some newbies need to know. you can visit this site to know a few details about Bitcoin Halving. http://bitcoinhalvingdates.com/This is actually one of the most informative remarks on how the price of Bitcoin have improved or fluctuated so far. Is there any assurance that it would happen within this 13 days or would it happen after that time period or would it be still unpredictable for Bitcoin to stop its Bull-run? Its also notable to see that some situations really occurs at occasions on which there are no holidays or things that affects us like this pandemic right now and the value of Bitcoin will slowly and surely rise in value. This would be a good opportunity to entice newbies to keep HODLing and teach others what they can earn from Cryptocurrencies.
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