DashingAgent (OP)
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October 30, 2020, 01:45:10 PM |
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During Bitcoin Block Halving Cryptocurrency Prices are expected to be..
During Bitcoin Block Halving Cryptocurrency Prices are expected to be as follow
1 ETH = 0.008 BTC
1 LTC = 0.0002 BTC
1 BCH = 0.005-4 BTC
1 BSV = 0.0008-5 BTC
1 NEO = 0.0007-8 BTC
1 DOGE = 0.00000001 BTC
These prices are expected in BTC during the bitcoin block halving. I don't know regarding where the BTC price will move but alt coin prices are expected as of 2017.
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Consider Donations: BTC 17ox7CoDkfwM9bpTXvnhH1YJAy1Cproa7D - Has any whale the power to donate a penny by considering 1000BTC=$1? (Consider "penny") ETH:: 0xa0ad5e0e8fc86a8440992ad57b201fadefbaf595 (Not for whales, but for crypto lovers to donate me eth or tokens)
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mk4
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October 30, 2020, 02:13:44 PM |
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"Past performance is no guarantee of future results".
Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.
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DashingAgent (OP)
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October 30, 2020, 04:01:53 PM |
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We cannot say anything before the halving but Because bitcoin is going to be big after the world adoption so we cannot say anything regrading how the alt coins will perform? I only suggest to hold bitcoins or such alt coins about you are sure that they will maintain their pricing, according to me, there is no single alt coin yet. "Past performance is no guarantee of future results".
Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.
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Consider Donations: BTC 17ox7CoDkfwM9bpTXvnhH1YJAy1Cproa7D - Has any whale the power to donate a penny by considering 1000BTC=$1? (Consider "penny") ETH:: 0xa0ad5e0e8fc86a8440992ad57b201fadefbaf595 (Not for whales, but for crypto lovers to donate me eth or tokens)
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jackg
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October 30, 2020, 04:07:49 PM |
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"Past performance is no guarantee of future results".
Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.
Yeah eth grew extremely rapidly and probably saw a pullback mainly due to transaction fee pricing imo. I think I paid $20 for a tx to be rejected on that network. Such throughput isn't very good... And yeah btc adoption looks to be going up atm but that might change if btc gets another 86% crash next year or the year after.
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jossiel
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October 30, 2020, 10:06:35 PM |
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It is easier for me to understand the prices in USD. I've been used to those prices when I look at the prices but comparing it with BTC and other pairs, there's always the gap between USD. We cannot say anything before the halving but Because bitcoin is going to be big after the world adoption so we cannot say anything regrading how the alt coins will perform?
I only suggest to hold bitcoins or such alt coins about you are sure that they will maintain their pricing, according to me, there is no single alt coin yet.
It's the opposite. Expect to see various speculations and predictions when the block halving is about to come. The correlation of it to the other markets, you see people telling such positive expectations because it's btc. But if it's the other halving for an altcoin, no impact at all just like ltc.
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KennyR
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October 30, 2020, 11:33:53 PM |
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More new players are into the market. The market situation at present isn't same as the year 2017 in terms of adoption, usage and large scale companies participation. The development and the existence of new forms of financial freedom too is marking its presence strong in the market. As an user mentioned we can't expect the past happenings to take place in the future.
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Distinctin
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October 30, 2020, 11:41:26 PM |
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I already forget about it, the result of halving has no assurance, instead, it just setting you up to think when Bullish, and rises complain why it never happens again as was shown before.
We have 2016 halving, one year after Bullrun had come to us late 2017. I understand that many of us still thinking the same thing but less possible if this pandemic, the economic crisis isn't over. A reason why I stop thinking about it is just that I realize that the market remains volatile, unpredictable, and above all, 2021 is likely different from 2017.
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mk4
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October 31, 2020, 02:57:00 AM |
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Yeah eth grew extremely rapidly and probably saw a pullback mainly due to transaction fee pricing imo. I think I paid $20 for a tx to be rejected on that network. Such throughput isn't very good...
If you're referring to the quite-recent price rise, I'm guessing that the rise and pullback was because of the boom and bust of the "dEfI yIeLd FaRmInG" thingamajig. Lots of Ether are being used for farming and buying up those yams, sushis, kimchis, and other crap some developers think of.
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DoublerHunter
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October 31, 2020, 12:50:52 PM |
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^ I must agree with you (mk4) and you are definitely right that we can't expect other altcoins to be the same as with bitcoins, as far as I know, bitcoin has the highest demand compare to the rest and if a certain altcoin like ethereum has a small community unlike with bitcoin then the supply and demand for ethereum is also not the same as with BTC and the value for each altcoin remain conditional on the law of supply and demand. But as for global adoption which all of us are aiming for when any of these altcoins reach its goal and the value will hit sky-high chances are, people will look for an alternative such as the other altcoins that will make its value competitive and will also reach its full potential as bitcoins.
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Emitdama
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October 31, 2020, 04:47:03 PM |
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So you based this on what happened in 2017? How can you be very sure that the same thing will repeat and the cryptocurrencies will be the same thing?
It can change this time around and they can move and be higher or low. Maybe it would be best if you just take your time, do some analysis and calculate where these things will be in future, instead of just basing them on what happened before.
Even an analysis will hardly be accurate, unless you’re a professional that knows what they are doing to be able to make such a prediction.
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Reid
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October 31, 2020, 05:32:36 PM |
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I trust Ethereum will receive the impact from the Bitcoin halving but never for other coins. That is why I also put some investment in ETH.
I think the value of altcoins should not matter on bitcoin halving but most of the time they are being pulled by it. Maybe because they will be seen by buyers after going through research about bitcoin. But, we should not expect much. Better, expect the worse so you will always be ready. Remember, Bitcoin up, altcoin down. (which just happened recently)
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FanEagle
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October 31, 2020, 06:28:14 PM |
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We already had the halving? Why are we talking about halving like it is something that will happen and not something that has already happened? Did I see a dream? Didn't halving happened in may? Something like 10th if I am not wrong? I do not get why we are talking about halving and what is going to happen with the altcoins after the halving like we are not already 6 months into the halving already?
Sure it could still have some impact, after all there is a 12 million dollars PER DAY not mined and that is something great but it is really not like it is going skyrocket or plummet at this point, whatever happened already happened and all the price is calculated into it, from now on it could only have a gradual affect and not something that would be sudden and shocking at all.
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DashingAgent (OP)
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October 31, 2020, 07:26:26 PM |
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We are talking about the next 4 year halving We already had the halving? Why are we talking about halving like it is something that will happen and not something that has already happened? Did I see a dream? Didn't halving happened in may? Something like 10th if I am not wrong? I do not get why we are talking about halving and what is going to happen with the altcoins after the halving like we are not already 6 months into the halving already?
Sure it could still have some impact, after all there is a 12 million dollars PER DAY not mined and that is something great but it is really not like it is going skyrocket or plummet at this point, whatever happened already happened and all the price is calculated into it, from now on it could only have a gradual affect and not something that would be sudden and shocking at all.
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Consider Donations: BTC 17ox7CoDkfwM9bpTXvnhH1YJAy1Cproa7D - Has any whale the power to donate a penny by considering 1000BTC=$1? (Consider "penny") ETH:: 0xa0ad5e0e8fc86a8440992ad57b201fadefbaf595 (Not for whales, but for crypto lovers to donate me eth or tokens)
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ChrisPop
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October 31, 2020, 07:31:44 PM |
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How did you end up with these numbers? There are still around 3 years and a half 'till the next Bitcoin block reward halving. That's plenty of time in which many things can happen. I expect a lot of institutional players to on-board the industry so we might have a very different play than the one in 2017. Altcoins have taken some serious injury recently, curious to see when they make a rebound. Hopefully soon ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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btc_angela
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November 01, 2020, 10:27:13 AM |
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More new players are into the market. The market situation at present isn't same as the year 2017 in terms of adoption, usage and large scale companies participation. The development and the existence of new forms of financial freedom too is marking its presence strong in the market. As an user mentioned we can't expect the past happenings to take place in the future.
Yeah, every bull run is very different, 2017 was a lot of irrational buyers, but after the halving this 2020 and beyond prior to the bull run, companies are now shifting to btc as main reserve assets, then retail and institutional money maybe doubled or even tripled. And then we have several countries, due to economic woes or circumvent some trade sanctions are also into btc right now. Different times, but I think it will be the same, new all time high right after a bitcoin block halving.
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dimonstration
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November 01, 2020, 10:32:32 AM |
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It's not like the years before 2017, the price can't be determined to reach high when halving happens. Before there is no much adoption so whenever there are people or investors who join in, it is really feel and affects the price instantly now the market is too active now that even halving may not cause a huge price increase so the numbers posted by OP is not guaranteed and may not totally result as posted.
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Johnyz
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November 01, 2020, 12:01:53 PM |
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"Past performance is no guarantee of future results".
Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.
Even if we tell that history repeats itself, there’s still no guarantee for this. Beside, 2 or 3 years to go before the next halving if I’m not mistaken and I believe before we cross that date, we will be on a bull market so technically altcoins can have the best time to pump again, this is just my speculation and no guarantee at all. Do focus on small and consistent profit, it will matter in the coming trends.
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XCANA
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November 01, 2020, 12:19:08 PM |
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Are argument shouldn't be base on the past, Bitcoin has moved from it past to it present and what happened in the past can't be use to judge the present. Let understand that, in the past the community was very small compare to present when the community has enlarge it coast. Also, the adoption rate of Bitcoin in the past wasn't as much as in the present. likewise the ethereum community, the prices in cryptocurrencies can't be determine by past events.
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RealMalatesta
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November 01, 2020, 04:58:46 PM |
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We are talking about the next 4 year halving
Don't you feel it is too early to speculate about the next halving which may happen by end of 2023 or by the first quarter of 2024? If you are ready to agree that bitcoin is following 4 years cycle then we are yet to finish off the current 4 years run and then we need to get ready for the next halving. In my perception, halving is the trigger which happens at the mid of that four-years-cycle. Basically you are emphasizing about the downfall of altcoins in coming years because of higher bitcoin's prices. This is highly expected one because all the altcoins are getting their value just from bitcoins and when bitcoin will be doing good, altcoins may face big dumps.
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Lanatsa
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November 01, 2020, 06:15:57 PM |
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"Past performance is no guarantee of future results".
Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.
People are really fan on going back in the past.Well, its isn't bad to look on what happened or in history but I do fully agree into your point that past performance or events that happen wont really be a precise thing to rely that it will surely or would happen in the future. Neither those coins would go up or would down on said numbers and it had been proven out.Everything in market is unpredictable and everything will matter on communities demand and interest.So it isn't really just right to stick out on what are the things in mind. Bitcoin halving might or might not have an effect.We would able to see that if its already there but knowing it ahead is impossible.
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