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Author Topic: A month after Bitcoin Halving. What's next?  (Read 668 times)
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June 16, 2020, 01:06:40 PM
 #41

You should not be expecting bitcoin to soar high a month after just a month post halving, expect a huge movement towards the end of the year or probably next year, according to previous history, bitcoin moon during those period and its much expected also to repeat itself after this year halving

Yeah, and I think we are seeing it now! Simply not dumping the price of bitcoin is really a good sign that we can expect the pump through the following months. Bitcoin halving history chart shows the exact scenario on what's happening right now  Grin So now we are just going to play the waiting game  Wink Let's hold the bitcoin or even buy more and let's ride the upcoming pump  Grin

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June 16, 2020, 01:35:16 PM
 #42

After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do. lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.

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June 16, 2020, 08:21:17 PM
 #43

On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?
Most of these overhyped events don’t really do anything lol  Grin.
The price of bitcoin reach a high price and possibly another ATH price, but it’s not going to happen just some people hyping it are saying it would. It takes time. Even the last two halving, we didn’t get a huge uptrend a minute after those halving events took place.

If I am right, we had to chill for a long time before we got huge uptrends, and this one is not anything different, might take a year before we start seeing a huge uptrend. It’s just like how they were hyping a lot of things in the past and after those things came we didn’t see any slight change.
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June 16, 2020, 09:53:49 PM
 #44

What's next?

Maybe we will wait and see if the experts prediction are correct, some expert said that 2021 is going to be a good year and bitcoin will reached a new milestone of success which is breaking its ATH. Currently, it seems like the market is just normal, nothing special has been happening yet, it's still the old bitcoin that is volatile that we are seeing now, it just moving sideways.

I heard that before. This year is bad but the next is going to be better Cheesy they said that in 2018 and 2019.

The market is not normal because we had a big drop in stocks because of the coronavirus restrictions. People were unable to travel and many businesses went bankrupt and Bitcoin's price is reflecting that since May.

The halving is good but it's not going to help if world economy enters a new great depression.
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June 16, 2020, 10:11:39 PM
 #45

The halving is good but it's not going to help if world economy enters a new great depression.
Good in terms of what? How can you define the halving by "good" or "bad"? It's a basic element in the bitcoin mining and users have in minds that it goes to occur every few years. If i ask one of those mining pool who shut down after the halving, they will surely say that Halving is not good which is a false statement.
In my opinion, nothing would happen except for price bump that everybody is waiting for even before the recent halving and we may say more shutting down mining pools if the price goes down instead of rising.
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June 16, 2020, 11:00:13 PM
 #46

After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do. lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.
The next halving event is still very long and before that happens at least with the turn of the year it will always be another big event, because even every speculator will definitely involve the end of the year as the main topic about a possible bull run, as well as at the end of this year at least it will be another sign whether 2021 will be a cryptocurrency season or maybe it's just recovery as usual we still can't be sure.

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June 17, 2020, 02:57:13 PM
Last edit: June 17, 2020, 03:13:59 PM by deisik
 #47

The halving is good but it's not going to help if world economy enters a new great depression

A new great depression is not very probable with today's economic paradigm

As such, the real Great Depression which started in 1929 was only "the cherry on the cake" if I may say so. Before that, there were a number of minor "depressions", and the main reason behind all of them was the gold standard and paper money redeemable for a set amount of physical gold

I know this may look like a paradise for quite a few in crypto circles, but in real life, however, it turned out to be hell, over and over again. The point is that a new depression is unlikely as the government can easily print its way out of it. There are a lot of issues with fiat money (mostly coming from its abuse and misuse), but depression is not one of them

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June 17, 2020, 03:14:46 PM
 #48

You should not be expecting bitcoin to soar high a month after just a month post halving, expect a huge movement towards the end of the year or probably next year, according to previous history, bitcoin moon during those period and its much expected also to repeat itself after this year halving

The expectation of many bitcoin holders was very high during the bitcoin halve and by this time might be disappointed. We should not always see bitcoin as a means of making a quick money through the Internet, rather we should see it as a means of freedom from the oppressors. Bitcoin doesn't respect anyone opinion in it but always do what it tend to do without a second party. Though the expectations of the holders might see less but there is light after the tunnel for strong hands that can hold. 

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June 17, 2020, 03:19:02 PM
 #49

I work for blockloan.org.  I would be interested in insight on this change.

Thank you,
 
Mira
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June 17, 2020, 03:49:18 PM
 #50

I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.

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June 17, 2020, 06:47:31 PM
 #51

I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.

from my 3 years of Bitcoin experience, I can say that you can only predict but nothing can be surely said in Bitcoin. because anything can be happened at any time in BTC market. if you are enough skilled about trading signals and indicator then your predictions may be matched, but no one can identify surly the pumping or dumping moment, but I hope in this year we may see a massive increase in BTC market. I think if we able to recover out of from coronavirus pandemic then we may see another ATH in this year.

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June 17, 2020, 07:15:03 PM
 #52

After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving
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June 17, 2020, 07:38:34 PM
 #53

After halving we will wait for another adoption by some of the giant companies or some implementation of some big countries. either way, we will wait for another good news to encourage the others to hodl as we do.
Lets be clear, if there is adoption by big ecommerce companies then we can assume that people will be aware of the cryptocurrency concept but we are 10 years from the inception of bitcoin and anyone who invest in any financial sector are aware of the market and with that into account any adoption by giant companies will not make any major changes.

lastly, when the 4th BTC halving comes which will take place in the next 4 years, there will be a lot of us waiting for it. If the popularity of bitcoin will increase further than we have witnessed now, I'm sure the next halving will be epic but of course, let's hope that no pandemics will occupy the mind of people when that time comes.
We crossed that phase about the popularity. Everyone knows about bitcoin but what makes them want to invest in them in the changing factor, i am waiting for more development in scaling rather than looking for improvement in price as if there is a massive scaling solution then the price would grow naturally.
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June 17, 2020, 08:43:31 PM
 #54

I think the event that everyone is waiting for bitcoin from now until the end of the year is Bitcoin reaching a new peak that is higher than the peak in 2017. Everyone is anxiously wondering whether Bitcoin will do it and reach a new peak higher than that top. I think this question is difficult to answer at the present time due to the circumstances The difficult economic situation around the world due to the spread of Corona virus, but I think this can happen but it needs some time.
mining rewards have decreased to 6.25 BTC but there are still large quantities in the market we need some time to start these quantities present in decrease then the demand for bitcoin increases and rises Its price is as expected.

from my 3 years of Bitcoin experience, I can say that you can only predict but nothing can be surely said in Bitcoin. because anything can be happened at any time in BTC market. if you are enough skilled about trading signals and indicator then your predictions may be matched, but no one can identify surly the pumping or dumping moment, but I hope in this year we may see a massive increase in BTC market. I think if we able to recover out of from coronavirus pandemic then we may see another ATH in this year.
We are all hoping for an increase but it would be preferable if it would be a on a gradual pace rather than on shorter spikes.Nothing can
predict out on what would happen ahead even people do really hope and anticipate that much towards each halving effects but the
market shows that theres no event can assure that would really have that kind of effect afterwards.

After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving
In talks of storage then exchange wallet is never been suggested.Always make use of non-custodial ones.

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June 18, 2020, 09:59:58 AM
 #55

On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?
Most of these overhyped events don’t really do anything lol  Grin.
The price of bitcoin reach a high price and possibly another ATH price, but it’s not going to happen just some people hyping it are saying it would. It takes time. Even the last two halving, we didn’t get a huge uptrend a minute after those halving events took place.
~Snipped~  ✂

You got it. I wasn't expecting Bitcoin's price to magically skyrocket on the eve or immediately after the halving. I know of lot of people who started buying Bitcoin before the D-day just because they heard Bitcoin's price would rise, thanks to the halving. But then, things aren't always as they seem. I mean, even after the halving in 2016, the price didn't surge until late 2017 / early 2018.


After Bitcoin Halving there's really nothing you need to do after the halving. The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving

That's true. Although, storing one's assets (Btc, altcoins etc) on exchanges is recommended not recommended since exchanges are prone to hack and breaching attacks as we've seen in the past.

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June 19, 2020, 04:38:57 AM
 #56

Honestly, I was not expecting too much with current halving due to the factor that the current halving that recently happened is different with the recent halving, currently, the global economy has been hit hard with the pandemic and this surely had an effect with the market demand one way or another. However, it is too early to speculate since the halving just occurred recently and not to remove the fact that the market is full of surprises. Let's just be patient and see what will happen this year or if the parabolic cycle will occur.
Yes, brother you are right. The whole world is in turmoil today due to the outbreak of the Covid-19 virus; There is a huge loss of human life and property. Its impact is felt at all levels of society. Bitcoin is not out of it. Let's all be patient without panic at this moment. Hopefully in the near future the morning light will come.

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