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Author Topic: HAS THE 2020 BITCOIN HALVING LIVED UP TO ITS EXPECTATION?  (Read 437 times)
ScamViruS
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June 21, 2020, 05:30:26 AM
 #21

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.

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June 21, 2020, 05:51:03 AM
 #22

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.
we will try to see it later this year or early next year. when market conditions improve, investing now is the best choice. but currently waiting for the moment to buy bitcoin is also not very precise. the market is not so stable showing its trends.

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June 21, 2020, 06:04:25 AM
 #23

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.
we will try to see it later this year or early next year. when market conditions improve, investing now is the best choice. but currently waiting for the moment to buy bitcoin is also not very precise. the market is not so stable showing its trends.
of course the market conditions will recover, it's just that no one knows when it will be clear before the market conditions recover, then at least you should be able to buy coins when prices are low so that when prices go up you don't miss a good moment to make a profit withdrawal.

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June 21, 2020, 07:16:51 AM
 #24

I personally wasn't expecting an astronomical increase in the value of Bitcoin immediately after the halving. I remembered in 2016, there was basically no substantial increase in value after the halving, until the middle 2017. This may not be the case this time, following the various issues we have presently and the fact that a melt down is foreseeable following the lock down created by the covid-19 pandemic.
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June 21, 2020, 07:24:29 AM
 #25

Im not sure that this halving happened like expected. This world recession story is not the best news for new ATH. But maybe we will see some effects in the end of the year
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June 21, 2020, 12:59:37 PM
 #26

Im not sure that this halving happened like expected. This world recession story is not the best news for new ATH. But maybe we will see some effects in the end of the year
halving can still provide a lot of profit and price increase when there is already that can trigger investors and traders to focus on buying and supporting bitcoin in any way it will be easy to make the price of bitcoin rise as you expect.

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ScamViruS
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June 21, 2020, 01:05:29 PM
 #27

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.
we will try to see it later this year or early next year. when market conditions improve, investing now is the best choice. but currently waiting for the moment to buy bitcoin is also not very precise. the market is not so stable showing its trends.

You may know that any market takes time to move from one trend to another. Bitcoin halving does not mean that the market will suddenly start a huge bull run. That dump  market before halving, which terrified traders. But after this dump the market has tried to recover and that has gone to the previous price. Bitcoin is still at a good price. It can also be said that Bitcoin had a good run.

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June 21, 2020, 02:18:49 PM
 #28

Halving won't have that much of impact into Bitcoin's price like the old time so if you're looking something like that, stop. I do think Bitcoin price and market on hold will increase after this pandemic but won't because of halving.
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June 21, 2020, 02:29:57 PM
 #29

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.
The situation is different because of the pandemic that the world is facing right now, so maybe the one year law that you are saying would be delayed, but I am also dure that there will be a bull run in the near future and then there will be an altcoin season right after it as happened in the year 2017 where everything where crypto was involved turned out to be gold. If the same of 2017 happens now again then we can also see a flash crash after a big dump so you should have a backup plan to be insured against a bad market situation.

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June 21, 2020, 04:15:23 PM
 #30

We can't reach this conclusion yet. The halving has been just a month and some days old there's room for astronomical growth. Past halving didn't cause price to pump instantly it takes time to effect the price so we will wait for August or July to see what happens to the price of Bitcoin.
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June 21, 2020, 04:26:14 PM
 #31

Many people say this will happen after halving, Bitcoin will go skyrocket, etc. After all these predictions and unnecessary talking, nothing happens. I think people like to talk about something that they expect to be in the market. But we should understand that crypto is a kind of market that can be changed by a few individuals if they hold enough money to do that.

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June 21, 2020, 05:16:37 PM
 #32

in reality it cannot be seen or directly influenced, btc has done half, and the prize has been reduced from 12.5 to 6.25 but it will not affect the exact price increase.
it might take as long as 2 or 3 years then we will see the price go up.
after all parties who used to use btc transactions all the time felt the effect then the price slowly rose.
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