Woodie
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February 26, 2022, 01:36:48 PM |
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Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.
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Oasisman
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February 27, 2022, 10:32:19 AM |
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Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.
Bitcoin halving is no doubt will have biggest influence on Btc price increase. We'll have to wait until all the economic sanctions for Russia is imposed and let's see If there is a significant effect on Bitcoin. Some countries are denying transactions that's coming from Russian banks, and more countries are doing the same as a part of the sanction for their invasion in Ukraine. I was thinking this could be na advantage for Bitcoin, especially for the Russian people who will be affected by this inconvenience.
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Baofeng
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February 27, 2022, 12:14:28 PM |
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Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.
I would say that it is the key factor to start the next bull run. Halving as we all know is a key event in bitcoin's history and so far we have seen it as catalyst to a massive spike in prices, reaching all time high. But for now, even though we are far cry from the last all time high, still the price is not that low to say that we are in a bearish market. The price seems to fluctuate and bouncing around $30k-$40k, which is still a good price in my opinion.
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istiak2277
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KUWA.ai
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February 27, 2022, 01:56:13 PM |
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Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.
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beerlover
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February 27, 2022, 02:14:12 PM |
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I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.
Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ? Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022. There will be a bad bear market of 2 years after this event. I would agree with you on the 2025 and before part, it will definitely recover before that. I believe that it will recover to 50k+ in 2022 without a doubt, that will certainly happen if you ask me. And in 2023 we are going to be 100k+ for sure, don't know if it will be January 2023, or December 2023 but I know that it will happen somewhere between those days. However, the important thing is that we are doing fine right now with the bitcoin price being like this after all the horrible stuff and all the economies of the world being so harshly crashing. Look at every economy, not just Russia or Ukraine, but all the others, there is chaos everywhere and we need to just calm down and expect that bitcoin is not untouchable during this period as well.
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macson
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February 27, 2022, 03:43:23 PM |
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Huobi co-founder Du Jun told CNBC on Sunday that bitcoin prices are often influenced by a technological change in the cryptocurrency's network, called "halving".
Halving is a key feature of bitcoin, and refers to a cutting in half of the amount of cryptocurrency that so-called miners receive as a reward for validating transactions.
The last halvings occurred in 2016 and 2020, and crypto analysts expect the next one to take place in 2024. Huobi co-founder predicts this cycle is going to repeat itself, following the last bear market pattern, which started right after the ATH of 2017 and lasted long painful years... Is it too pessimistic to think this way or is the halving the real game changer factor which drives market's prices, as Du Jun says? He also mentions another factors such pandemics and geopolitical issues can influence bitcoin's price, but it's clear the halving factor was highlighted as the most important and influent one among all. Bitcoin is shaping up to enter a bear market and likely won't recover until 2025, co-founder of Huobi crypto exchange saysi'm not so sure about the many bitcoin price predictions out there because each analyst is free to provide their research. but if indeed the price of bitcoin will return e ath until 2025, that's not a problem for me, i will continue to hold the btc i have and even plan to buy more. btc is a very valuable future investment and it's a shame if i miss it.
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palle11
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February 27, 2022, 04:53:54 PM |
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Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.
I think there is a possibility to this. Either of the fighting countries can decide to use bitcoin and that will push the price up. I read that Ukraine is asking for donation in btc but I don't know how that is true so far but with time it can happen if the fight continue but meanwhile even both countries trying to legalize bitcoin.
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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February 28, 2022, 09:14:33 AM |
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Well the halving will be happening in 2024 , meaning this will be in take effect at 2025 so basically the expectation will be in 2025 bull run.
but of course things may change in different direction because there are countries that coming inside here and there , either adoption or acceptance but at least there are views we can see in the future .
Previous halving did not have any significant effect. The only effect that cryptocurrency has during last 1-2 years was Elon effect Made me smile as well LOL, Elon Effect but Yeah i may get that point as Halving does not really bring big significant instead it is the Whales pumping the market . The boom of crypto and a creation of thousands of useless and scam meme coins. There were posts on the forum about "bitcoin-4-year-life-cycle". Looks like we are in the beginning of it. But I personally don't believe in all these cycles, predictions, holidays that impact price and other bs. Crypto community is very humble, naïve and young. "In which direction does the wind blow", there cryptocurrency goes.
At least the effect is there that 4 year cycle as the market had been into more expectation from what we had in the previous years .
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cryptomaniac_xxx
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February 28, 2022, 09:33:29 AM |
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Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.
I think there is a possibility to this. Either of the fighting countries can decide to use bitcoin and that will push the price up. I read that Ukraine is asking for donation in btc but I don't know how that is true so far but with time it can happen if the fight continue but meanwhile even both countries trying to legalize bitcoin. We've seen the price going up to almost $40k after the banning of Russia from swift. But not sure if we have momentum to actually break the $40k barrier again. As for the bitcoin's recovery, it's obvious for us who have been in the market for so long that we understand that there is a bull and bear cycle and it's every 4 years. So the next halving is 2024, so just maybe the next bull run might really happen around that time frame.
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Wind_FURY
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February 28, 2022, 12:06:11 PM |
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Du Jun merely based his analysis from Bitcoin’s halving, and its consistent bull-bear cycles. BUT, if based on that then how should we define “recovery”? Bitcoin is 10x from the last bear cycle’s lows, and priced more that last bull cycle’s highs. Plus if it won’t “recover” until 2025, THEN Bitcoin’s lowest point for the next bear cycle is 2023?
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pieppiep
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February 28, 2022, 02:11:16 PM |
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Now is the right time for us to collect as much bitcoin as possible, because with the current price correction of course we can get bitcoin at a fairly cheap price, we all know that bitcoin investment tends to be more profitable for anyone who dares to hold on for a long time, so as you said it doesn't matter if we have to wait until 2025 to see the bitcoin price recover, if indeed later it can give us a big advantage.
I hope you can be careful when buying bitcoin as the price could fall back to $37k. The price now goes up to $38k, but who knows if the price will fall again the next day. Only analyzing market movements can help us in deciding so as I said before, it's okay if the price can spike again in 2025. Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ? Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022. There will be a bad bear market of 2 years after this event. It could happen and I'm sure that we would all be happy if another high could occur before the next half because it would mean we would have a chance to sell at the next high. I believe that and I also believe that bitcoin has a chance to rise beyond $100,000 and I still hope that it will happen this year. But that's just my request, although I don't know if it will happen this year or next year.
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Renampun
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February 28, 2022, 04:31:38 PM |
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The market cycle is bound to happen, but I think 2025 is still too long, imo. Seeing that crypto is now increasingly mainstream, there will be many people who want to invest if crypto is still profitable. and it will make the cycle process possible faster
if we follow the history of the 4 year halving then it is very possible that the Bitcoin price will touch ATH again in 2025... but now I see it's different, we can't use the halving history as a benchmark anymore because there's been a lot of good news that welcomes Bitcoin, and more than one country has regulated Bitcoin. I personally am not sure about the prediction of bitcoin coming back in 2025, I am sure this year we will see another bitcoin ATH.
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darewaller
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March 01, 2022, 06:16:39 AM |
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As I am typing this, the price of bitcoin went over 43k+ which should be enough reason for people to realize it is not really that much of a big deal to be wrong about prices. I mean we are at 43k+ already and we are in a war and Russians will have to use crypto for a long time for every global need. I have to say that it is not really that much of a big deal as of right now, but it is certainly something that is decisively big, and the price should be going even higher.
Something like 50k+ could be reached within next week, and ATH could be achieved in somewhere around March if the situations persist on this same path. So, what OP is trying to convey may not remain true forever and bitcoin may recover to ATH and keep growing in coming days for sure.
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Wong Gendheng
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March 01, 2022, 07:36:21 AM |
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I'm sure the price will recover soon. The fact today bitcoin is up more than 14% and this is a good sign that bitcoin is recovering soon, especially today's daily transaction volume is almost 2x than yesterday so I'm very sure April will reach $70k or new ATH. The mistake of many investors is to buy when it is expensive so I recommend buying immediately.
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Wind_FURY
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March 01, 2022, 09:19:44 AM |
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I'm sure the price will recover soon. The fact today bitcoin is up more than 14% and this is a good sign that bitcoin is recovering soon, especially today's daily transaction volume is almost 2x than yesterday so I'm very sure April will reach $70k or new ATH. The mistake of many investors is to buy when it is expensive so I recommend buying immediately.
Does it need to “recover”? Because to recover requires that it should be “dead” before recovery. But zoom out, the current price still, and remains higher than the last ATHs of the bull cycles during 2013, and 2017. What needs recovery are those many shitcoins that other plebs like us still HODL.
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Mr.Scott
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March 01, 2022, 10:00:53 AM |
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I'm sure the price will recover soon. The fact today bitcoin is up more than 14% and this is a good sign that bitcoin is recovering soon, especially today's daily transaction volume is almost 2x than yesterday so I'm very sure April will reach $70k or new ATH. The mistake of many investors is to buy when it is expensive so I recommend buying immediately.
Still looking great. Things bounced where they needed to. I'm lucky because I don't pay attention to the crypto twitter when they go completely panic mode. Regardless of all the rumors, this is why I have been confident and strong in the past. As for me, seeing bitcoin trading above 40k is more than enough to deal with a better life and I won't complain if it takes from down or higher. By the way, I'm holding and accumulating bitcoins.
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poldanmig
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March 01, 2022, 12:11:29 PM |
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Now is the right time for us to collect as much bitcoin as possible, because with the current price correction of course we can get bitcoin at a fairly cheap price, we all know that bitcoin investment tends to be more profitable for anyone who dares to hold on for a long time, so as you said it doesn't matter if we have to wait until 2025 to see the bitcoin price recover, if indeed later it can give us a big advantage.
I hope you can be careful when buying bitcoin as the price could fall back to $37k. The price now goes up to $38k, but who knows if the price will fall again the next day. Only analyzing market movements can help us in deciding so as I said before, it's okay if the price can spike again in 2025. You know? I was lucky enough to have ventured to buy some bitcoin at a price of $37K some time ago, and now I have made a little profit because bitcoin today has experienced an increase in price of $43K, maybe I try to wait for the price to return to $45K and take short-term profits .
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sayaya17
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March 01, 2022, 01:04:01 PM |
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I'm sure the price will recover soon. The fact today bitcoin is up more than 14% and this is a good sign that bitcoin is recovering soon, especially today's daily transaction volume is almost 2x than yesterday so I'm very sure April will reach $70k or new ATH. The mistake of many investors is to buy when it is expensive so I recommend buying immediately.
Still looking great. Things bounced where they needed to. I'm lucky because I don't pay attention to the crypto twitter when they go completely panic mode. Regardless of all the rumors, this is why I have been confident and strong in the past. As for me, seeing bitcoin trading above 40k is more than enough to deal with a better life and I won't complain if it takes from down or higher. By the way, I'm holding and accumulating bitcoins. People who have faith in the future of Bitcoin, definitely will not panic when they see the price of Bitcoin fall, they will remain patient holding the Bitcoin they have and continue to collect Bitcoin. It is proven that now the price of Bitcoin has managed to rise above $40k, even the price of Bitcoin is still rising and now Bitcoin is at a price of $44k. If the Bitcoin price manages to rise above the $45k price, there is a possibility that the Bitcoin price will continue to touch the $50k price, so very lucky for people who managed to buy Bitcoin when the price was under $40k, meaning they are already profiting now. With the rising price of Bitcoin, this gives the answer that Bitcoin to recover does not need to wait until 2025.
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ivankoh
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March 01, 2022, 03:37:40 PM |
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Expecting bitcoin to return to ATH soon is tough, but in particular bitcoin has always had cycles of recovery and correction to aggregate demand and today bitcoin proved the best it can represent and create conformance. Bitcoin has made a very quick recovery today at $44k and is trying to build more momentum for consolidation on a breakout, any trend could be established again. I guess 4 years is a long cycle for health and now is a consolidation period before a flip, I'm not sure it will be 2025 but we are building and representing more and more of it the future trend of the market
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South Park
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March 01, 2022, 06:45:39 PM |
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Expecting bitcoin to return to ATH soon is tough, but in particular bitcoin has always had cycles of recovery and correction to aggregate demand and today bitcoin proved the best it can represent and create conformance. Bitcoin has made a very quick recovery today at $44k and is trying to build more momentum for consolidation on a breakout, any trend could be established again. I guess 4 years is a long cycle for health and now is a consolidation period before a flip, I'm not sure it will be 2025 but we are building and representing more and more of it the future trend of the market
Quite honestly I'm surprised about the rapid recovery that we're seeing in the market, after all when we take into account all of the things that are happening around the world then it would have made sense for the price of bitcoin to remain low for a significant amount of time and despite all of that the price is showing a very strong recovery, which tell to us that there is still a chance that we could see a new all time high before the end of this year.
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