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Question: How will the BitcoinHalving2020 do going to affect the markets?
Prices will go up. - 14 (77.8%)
Prices will go down. - 0 (0%)
Nothing will change. - 4 (22.2%)
Total Voters: 18

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Author Topic: Bitcoin Halving 2020  (Read 1011 times)
carter34
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May 15, 2020, 09:40:59 PM
 #21

Price is looking good at $9680, I think in a few months when the halving has taken full effect we could see a new yearly high. I’m calling $15,000 by the end of 2020.

Going by the last halving and the time that price bull, we still have time till the end of this year. So I support that $15,000 or more could be the price at the end. More investors are coming to invest and that means the possibility of an increase on the way.
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May 15, 2020, 09:50:48 PM
 #22

To be frank, this is my first Bitcoin halving since I joined the cryptocurrency industry.
 And I had this silly thought that the price of Bitcoin will be slashed by half, until I looked it up, to understand its true meaning.

 
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May 16, 2020, 02:23:18 AM
 #23

The mathematics and the trends are showing prices going up. Lately, it is the stock to flow theory that shows prices of up to 288000$ at the end of 2021.
I believe Bitcoin is more mature now than it was back in 2012 and 2016. You can't expect 3-4 digits % upwards. I believe we can see a lot of North, but this should be 2 digits until the end of the year, possibly 3 low digits until the end of 2021.
Also, I am not sure about the inflation theory (FED printing -> BTC going up) because we see so many commoddities going down.
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May 16, 2020, 02:53:43 AM
 #24

If there are people who are skeptical about bitcoin, it means that the person doesn't understand about bitcoin. For me bitcoin is the future,
then I believe that after bitcoin halving the price of bitcoin will continue to rise. Even my prediction for bitcoin later this year could reach $ 12k.
But the peak bitcoin will reach the price of all time high in 2021 according to the results of my analysis. So hold the bitcoin that we have,
and if you have more money you can buy bitcoin again. The more bitcoins we collect, the greater profit we will make.

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June 03, 2020, 03:47:41 PM
 #25

Really hope they can fix post halving fees and congestion after future halvings.Honestly it's been ridiculous since this latest halving!

Obviously it will not go up immediately, a few months will pass. if you look at the other halving it was just like that!
In reality what changes in halving is a long-term thing.

So now don't worry and hodl Cheesy

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June 03, 2020, 03:56:21 PM
 #26

Really hope they can fix post halving fees and congestion after future halvings.Honestly it's been ridiculous since this latest halving!
Obviously it will not go up immediately, a few months will pass. if you look at the other halving it was just like that!
In reality what changes in halving is a long-term thing.

So now don't worry and hodl Cheesy

On the day of halving, we make a lot of expectation that the market price of the coin will rise up immediately but it fails and many people bought a lot of coins because they know the what are the possible outcomes of the bitcoin which increases the price rapidly because of the halving but as did we expect there is nothing changes it is just quite normal.

After a few days and weeks the market price of the coin rises up unexpectedly and it is already coming out into over 10k dollars which is a huge market value right now but this is just beating the resistance and coming back to its a stable state. The coronavirus does not have affect to the market price of the bitcoin instead the people use this and become a safe haven because it is safer than the use of the paper wallet. As now we are expecting the bitcoin will now beat the previous year market price of 13k dollars and as we did except it will now back again into the lowest market price over 3k dollars.

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June 03, 2020, 04:58:30 PM
 #27

Really hope they can fix post halving fees and congestion after future halvings.Honestly it's been ridiculous since this latest halving!

Obviously it will not go up immediately, a few months will pass. if you look at the other halving it was just like that!
In reality what changes in halving is a long-term thing.

So now don't worry and hodl Cheesy
But then there's the methodological problem of determining the cause and effect. When the day after the WHO's announcement that COVID-19 is a pandemic Bitcoin fell down hard, there was little doubt that these two events were causally related. Yet even in that case there was place for arguing, and I think the announcement did not directly affect BTC. It triggered people, their felt anxious, decided to sell various assets and also Bitcoin just in case. When months pass after halving and, say, Bitcoin suddenly does up rapidly, there'll be even more various events that could be linked to its growth. So would it be justified to say that it's halving that caused the bull run?

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June 03, 2020, 06:13:15 PM
 #28

Maybe more precisely the situation this year with the pandemic made some people pessimistic about the crypto market and even in many other sectors, but after three weeks passed after bitcoin halving we at least got a good rally yesterday about bitcoin being able to break its resistance at 10k and that is something a good sign if the situation because of this pandemic does not affect or hinder the market to go up.

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June 10, 2020, 06:25:06 AM
 #29

We have been waiting for the halving for 2 months. I am not sure that this will happen now, but in August, it may be so.
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June 10, 2020, 09:18:28 AM
 #30

Maybe more precisely the situation this year with the pandemic made some people pessimistic about the crypto market and even in many other sectors, but after three weeks passed after bitcoin halving we at least got a good rally yesterday about bitcoin being able to break its resistance at 10k and that is something a good sign if the situation because of this pandemic does not affect or hinder the market to go up.
it seems like what the corona pandemic fears will erode the crypto market is not proven at all, although it is possible for a new project to grow, it is clear that the corona pandemic is very influential although not much. some require additional time to wait for the pandemic to subside. but overall the crypto market is very good with bitcoin being able to break through $ 10K, although it doesn't take long to come back down. but overall bitcoin can still survive until it not falls at $ 8K and stays around $ 8K-S9K long enough.

bitcoin is expected to move up at its peak next year according to the predictions of halving ago where bitcoin takes one year.
maybe the next few months will start to look bitcoin will move slowly to reach its destination.

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June 22, 2020, 10:01:07 AM
 #31

It is noticeable that whenever halving event had taken place an increase in the price of Bitcoins observed. Right now price of BTC is stable but I think by the end of 2020 price of 1 BTC would be around $15k. There are many predictions that the price could be $100000 within next 12 to 18 months but it seems impossible but lets hope for the best. Raoul Pal who is a former Goldman Sachs hedge-fund manager claimed that the price of one bitcoin could reach 1 million dollar before the next halving event.
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June 22, 2020, 11:52:10 AM
 #32

Do you think we will see again the halving of the bitcoin?
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June 22, 2020, 02:04:32 PM
 #33

Bitcoin Halving 2020 is set to occur on 12 May 2020, but with ongoing fluctuating scenarios on various fronts makes me sceptical about the future market situation.
If you are really into bitcoin halving effect then you must learn that this is just a over night scenario because there are a duration of waiting,it can take months or even years before finally revealed the true effect so basically?if you are not ready on this then never invest in Bitcoin instead choose shitcoins that can grow in an hour and drop in a minute.









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June 22, 2020, 02:10:22 PM
 #34

We have been waiting for the halving for 2 months. I am not sure that this will happen now, but in August, it may be so.

We are still waiting for the bull run, and bitcoin halving itself is happening for 2 months ago. We don't know if that will happen in August or not, but the bull run will come soon. I am sure that in the future, the bitcoin price will increase so high, and although we don't know how much bitcoin price will be, we will be happy if the price will be more than $20k, and it will go to that price someday.

The hype around the Bitcoin halving was so much that one would think waking up one day, the price of Bitcoin will be above $30k,  let's continue being optimistic and hope things turns out good for holders.

It is not very late for the price to be above $20k again

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June 22, 2020, 02:18:32 PM
 #35

It is very difficult to be able to know the price that the bitcoin coin will reach, as it is an unstable currency and is witnessing continuous fluctuations, therefore I cannot give you. However, we are likely to see price rises at the end of this year
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June 23, 2020, 06:37:18 AM
 #36

It is very difficult to be able to know the price that the bitcoin coin will reach, as it is an unstable currency and is witnessing continuous fluctuations, therefore I cannot give you. However, we are likely to see price rises at the end of this year
Yes, it’s still early to be talking about what effect the Halving is going to have. It’s not going to kick off and start happening immediately, it takes time before it starts happening. The other ones that happened in previously triggered massive bull run in 2013 and 2017 respectively, should have taught us some things by now. We should know now that it doesn’t just go boom and all of a sudden prices are up.

It takes time before things matures to what they are meant to be. And this year has been really something else, from one thing to another. But I pray things get better with time. To experience the real consequence of halving 2020, we must need the ongoing pandemic to be settled down. Because only after that we can expect investors start thinking about adopting cryptocurrencies.
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June 23, 2020, 09:29:10 AM
 #37

We have been waiting for the halving for 2 months. I am not sure that this will happen now, but in August, it may be so.

We are still waiting for the bull run, and bitcoin halving itself is happening for 2 months ago. We don't know if that will happen in August or not, but the bull run will come soon. I am sure that in the future, the bitcoin price will increase so high, and although we don't know how much bitcoin price will be, we will be happy if the price will be more than $20k, and it will go to that price someday.

The hype around the Bitcoin halving was so much that one would think waking up one day, the price of Bitcoin will be above $30k,  let's continue being optimistic and hope things turns out good for holders.

It is not very late for the price to be above $20k again


Before we go to that price, bitcoin price will be change, and I think it will still up and down, and give more surprises to people. Only people who are ready with anything that can survive and use the chance to buy and sell or even to hold bitcoin for a long time. The bitcoin price will be more than $20k, and we will see that price again.

Bad result from bitcoin halving because price keep the same and not effective halving could make bitcoin on higher price, but I am waiting next time will bitcoin back to higher price or keep waiting for next halving. Just on this time bitcoin not get positive respond after halving moment with stay on lower price and not get good respond from many investor to hold and interested to buy bitcoin again.

You don't need to worry because if you see the last halving, bitcoin price does also not increase in a short time after halving. Bitcoin price will increase at the right time, and the investor will be interested in buying bitcoin at that time. We can prepare from now on while bitcoin price does not increase, so we can have the time to see the price start, and we will be ready to sell at the highest price.

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Debonaire217
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July 08, 2020, 05:48:11 AM
 #38

In past years of bitcoin halving there have always been a positive outcome, but in this year's halving there hasn't been much effective movement of bitcoin, I guess it because of the pandemic, maybe in few months ahead the bull run might occur.

In the past halving, there isn't really much effect to the market price of bitcoin, usually, the effect took place after a year or two. But with these halving, most of people still believe about the hype of market price increase right after the halving which is for me is not true. Miners aren't selling bitcoin right after the halving with so much increase in price. What makes the price fluctuates is the people creating hypes. This hype is what people believe so they buy bitcoins and see a short term price increase.
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July 09, 2020, 04:29:45 AM
 #39

In past years of bitcoin halving there have always been a positive outcome, but in this year's halving there hasn't been much effective movement of bitcoin, I guess it because of the pandemic, maybe in few months ahead the bull run might occur.

In the past halving, there isn't really much effect to the market price of bitcoin, usually, the effect took place after a year or two. But with these halving, most of people still believe about the hype of market price increase right after the halving which is for me is not true. Miners aren't selling bitcoin right after the halving with so much increase in price. What makes the price fluctuates is the people creating hypes. This hype is what people believe so they buy bitcoins and see a short term price increase.

Right now, bitcoin is still not moving and it is still in a $9,000. Before the month of June, it reached $10,000 but after that there's no improvement in its price. The hype about the bitcoin's price after halving is not a guaranteed price for a long-term profit. We should not rely or trust on halving if we want to earn huge profit in bitcoin, the only thing that we need to do where we will have a good profit is to patiently wait for the right time to buy and sell. This pandemic really makes it price to become passive, due to economic crisis that we are experiencing right now. We also experienced recession these past few months including this month. Hoping that the next halving in 2024 will become successful with the bitcoin's price.
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July 09, 2020, 01:51:03 PM
 #40

In past years of bitcoin halving there have always been a positive outcome, but in this year's halving there hasn't been much effective movement of bitcoin, I guess it because of the pandemic, maybe in few months ahead the bull run might occur.

In the past halving, there isn't really much effect to the market price of bitcoin, usually, the effect took place after a year or two. But with these halving, most of people still believe about the hype of market price increase right after the halving which is for me is not true. Miners aren't selling bitcoin right after the halving with so much increase in price. What makes the price fluctuates is the people creating hypes. This hype is what people believe so they buy bitcoins and see a short term price increase.
please note that any significant halving movements will occur a year later, not immediately after halving there will be improvements.
but it must also be remembered that in crypto there can be changes that we cannot know about.
I have these details when halving happened in the past so that it could be a reference.

Halving November 2012 ----> December 2013 peak increase.
Halving July 2016 ----> December 2017 peak increase.
Halving May 2020 ----->

how many changes will occur in 2021, a lot of speculation and analysis are circulating. but whether it will happen, all the time also determines.

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