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Author Topic: We All Know, The halving time will be full of drama  (Read 1506 times)
lalabotax
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July 22, 2023, 09:46:52 PM
 #121

It looks like it will. Because everyone was hoping as before if the Halving was the main opener before the bullrun happened. And what will happen is sometimes not in accordance or in accordance with the expectations of all parties. From here, what if there are certain parties who don't want bullrun to happen? Does that mean the crypto market cycle will really change?
but if I still believe that Halving is one of the things that influence the market to be good and better then.

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July 22, 2023, 10:16:34 PM
Merited by JayJuanGee (1)
 #122

I was start my bitcoin investment since long time ago and I was experience that so many time. I think it is important to always trust to bitcoin and it's advantage compared to fiat. by having a strong believe that bitcoin will be used by many more people in the future because of it's advantage, people will not easily afraid to FUD. the biggest problem about money that hit us directly as citizens is inflation, I feel the price of daily necessities are rise too high, although government say that the inflation is 5.5% but I don't believe it. Usually, I buy some snacks in minimarket and spent roughly $2 and I can get 4 snacks, now I only get 3 snacks. this halving event is really good for us as citizens, because it can make our money value increase.

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July 22, 2023, 11:46:18 PM
 #123

So far we have had three halvings, and the fourth is fast approaching, and funny enough, we always do have some sort of crisis, or will I say some price dump, on or before the Bitcoin halving, which usually drops the price of Bitcoin drastically to its lowest level compared to its ATH.
 
1. As we know, the first halving happened in 2012, and during this time, the price dump happened just a year before the halving, which was In 2011, when the price fell from $30 to $2. And this was as a result of the Mt. Gox exchange hack incident, in which a total of about 850,000 Bitcoins were stolen.
 
2. The second one was 2016, and the price dump was in 2014. After the price pumped in December 2013 and reached a new all-time high of $1200, the next month, January 2014, the price fell below $550, and this was as a result of the Announcement made by China, who have always been against crypto, which states "Bitcoin was not a currency and could not be used as a form of payment."
 
3. The most recent halving occurred in 2020, which was the one I experienced, but before the halving, the price had already reduced from its all-time high, which it achieved in December 2017, which was about $20k+, but within a period of a year, there was a global regulatory attack on ICOs (Initial coin offerings), just as the SEC is attacking Security tokens. Back then, the regulators requested exchanges comply with what they called "Anti-money laundering (AML). This, I believe, was when AML and KYC became mandatory for most of the centralized exchanges out there. The pressure that came with this resulted in the price crash from $20k+ to its lowest of $3,500 in December 2018.

It's been its rhythm every time lol. From 2012 up until the last halving which was 2020, things just conspire somehow to fuck with bitcoin's value for the meantime and then all of a sudden it bounces back anyway. This time will not be different I'm pretty sure of it so people should brace themselves up for a bumpy ride. People are already mobilizing with various crackdowns on cryptocurrency and bitcoin overall and I wouldn't expect these things to stop any time soon. As for the halving I'm not sure where it would lead us as there's no definitive reason that would drive the value of bitcoin to the moon other than the fact that it is halving. It's good enough but we'll need something sustainable to keep the bull run from going for as long as possible, otherwise we'd just be disappointed come 2024 when bitcoin's price trend couldn't match our expectations. 

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Nwada001
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July 22, 2023, 11:56:37 PM
 #124

It's been its rhythm every time lol. From 2012 up until the last halving which was 2020, things just conspire somehow to fuck with bitcoin's value for the meantime and then all of a sudden it bounces back anyway. This time will not be different I'm pretty sure of it so people should brace themselves up for a bumpy ride. People are already mobilizing with various crackdowns on cryptocurrency and bitcoin overall and I wouldn't expect these things to stop any time soon. As for the halving I'm not sure where it would lead us as there's no definitive reason that would drive the value of bitcoin to the moon other than the fact that it is halving. It's good enough but we'll need something sustainable to keep the bull run from going for as long as possible, otherwise we'd just be disappointed come 2024 when bitcoin's price trend couldn't match our expectations. 

It's all Just happening from time to time, yea, I hope we all could be strong-minded and don't give up to fudz when it will come, because it seems like on or before the halving, there are always some sort of centralized entities cooking up something that they always use to break the people from becoming stronger holders. They are into some cheap panic sellers, which usually results in a price dump. I believe the crypto community is now half a century wiser and is all prepared for the worst.
 
But to some point, I also do believe that all this funny drama happening around Bitcoin and its prices contributes to the growth of Bitcoin and the level of trust it has gained from its believers, as many racists have now turned out to be saying good things about it. as they have finally found out the potential that Bitcoin holds.

 
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BigBos
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July 23, 2023, 05:36:31 PM
 #125

I was start my bitcoin investment since long time ago and I was experience that so many time. I think it is important to always trust to bitcoin and it's advantage compared to fiat. by having a strong believe that bitcoin will be used by many more people in the future because of it's advantage, people will not easily afraid to FUD. the biggest problem about money that hit us directly as citizens is inflation, I feel the price of daily necessities are rise too high, although government say that the inflation is 5.5% but I don't believe it. Usually, I buy some snacks in minimarket and spent roughly $2 and I can get 4 snacks, now I only get 3 snacks. this halving event is really good for us as citizens, because it can make our money value increase.
For those of us who have been here for a long time and have experienced it many times, it will definitely become something familiar. I fully believe in bitcoin, yes I would say that in general after I knew about the existence of bitcoin and invested in it it had a positive impact on my life, in this case certainly financially.
It seems that you feel the same as me, but did you also realize that not only the number of snacks that used to be able to get 4 and now only get 3 with the same amount of money, but also I feel that the contents of the snack itself are getting less and less like before. Lol
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July 23, 2023, 06:42:24 PM
 #126

We All Know, The halving time will be full of drama

You are absolutely right, Bitcoin halving is a crucial event in crypto currencies space, and it can potentially generate lot of attention and discussions within crypto community. This event can often lead to excitement and uncertainty. Some people may spread fear, uncertai9nity and doubt during these times. It is important for long term investors to remain firm and continue holding your Bitcoin, as the historical trend suggest that Bitcoin consistently makes new all time high after the having and same historical pattern of growth is likely to be repeated after the next having. Therefore, staying patient and confident during market fluctuation can potentially help to harvest substantial returns in future.

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July 23, 2023, 07:56:53 PM
 #127

 
But to some point, I also do believe that all this funny drama happening around Bitcoin and its prices contributes to the growth of Bitcoin and the level of trust it has gained from its believers, as many racists have now turned out to be saying good things about it. as they have finally found out the potential that Bitcoin holds.
When we think further, fud can be one of the reasons why bitcoin is stronger and its development is getting bigger because if we reflect on the past few years fud has always existed and even very much but bitcoin is still bitcoin which is precisely because of that bitcoin is growing bigger.
We don't need to worry about that because seeing from the current conditions the most important thing we have to do is try to continue to make fattening to the assets we have (if you have more money to invest why not) because with that we can become more confident in the end.
Inflation is increasingly eating away and fiat is losing value so instead of continuing to force being in fiat it would be better to be in bitcoin even though we know it fluctuates but when we know how bitcoin works I think it will not be affected by it.

 
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July 23, 2023, 08:17:41 PM
 #128

The halving is the crucial time,the price of bitcoin will reach the maximum value.So some of the exchanges will make shut at that point.It’s better to hold your bitcoin at the cold storage instead of holding at the Exchanges.FTX is the best example for the bitcoin market pump and close without any intimate the users.Many traders hold their bitcoin in the FTX is the wrong decision by them in order to avoid the fee,but the FTX scam most the traders with huge amount of dollars.

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July 23, 2023, 08:34:21 PM
 #129

The moment you started investing in such a volatile market, drama is already there as you can experience seeing a lot of FUDs and hypes that will make the market moves into roller coaster. Much more when halving is here. However, if you have been here in the market for long, then I should say you’ve get used to it already. One thing is certain, if you are weak and easily faint, then you will never win on this volatile market. Lucky are those who never quit and keep on investing despite of its inevitable losses.

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July 24, 2023, 05:10:04 AM
 #130

I was start my bitcoin investment since long time ago and I was experience that so many time. I think it is important to always trust to bitcoin and it's advantage compared to fiat. by having a strong believe that bitcoin will be used by many more people in the future because of it's advantage, people will not easily afraid to FUD. the biggest problem about money that hit us directly as citizens is inflation, I feel the price of daily necessities are rise too high, although government say that the inflation is 5.5% but I don't believe it. Usually, I buy some snacks in minimarket and spent roughly $2 and I can get 4 snacks, now I only get 3 snacks. this halving event is really good for us as citizens, because it can make our money value increase.
Its meaning from inflation values, around the world have the same cases with inflation and last two years in my country  Indonesia with $1 can buy break fast, but today need to add 0,5$ to get break fast with the same menu from last two years. Difficult how to make people understood about increasing down with fiat values than investing in Bitcoin will give profitable later when price going up. Many people know more with inflation but they are still worry how to invest their assets in Bitcoin. Halving almost close and best chance for citizen saving their assets in Bitcoin and investing when moment where bitcoin still on lower price and take profit later after bitcoin raising to the higher price.

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November 21, 2023, 12:52:21 PM
 #131

Yes, like the title above, we all know the halving time is will always full of drama, this always happens at that time, but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.

I hope this lesson gives you an important point. They create this to dump Bitcoin, they do this to scare you, they do this to buy Bitcoin at a cheap price, and After buying with a lot of money, you already know that today Bitcoin price is pumped like crazy, right?

So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.

Cheers

Anyways the drama is not new anymore but emotions must be controlled in such situations if not people will sell out of panic. Regardless I chose to use exchanges that doesn’t have issues with SEC to avoid being panic, for a while now I’ve adopted Bitget exchange and I’m okay with it.
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November 21, 2023, 01:27:04 PM
 #132

Even if the upcoming halving of Bitcoin is full of drama, the important thing is that it will continue to raise Bitcoin, and even other altcoins that are on the top list in the market will follow in the footsteps of Bitcoin for sure. that too.

I have not seen any halving in the price value of Bitcoin; instead, everything has actually increased in value in this market. So know that if the bitcoin halving does not start, there will be an increase for sure here, even in other altcoins. In short, bull run will come out early this 2024 for sure.

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November 21, 2023, 01:33:55 PM
 #133

This has happened before where an individual or organization sold all their bitcoins at a high price dumping the market a bit while they bought relatively more BTC during that dumping. If a certain person or a certain organization wants to change the market, then he must have a large amount of bitcoins. When that person or organization has a large amount of bitcoins and if they sell all their bitcoins at market highs then the market will definitely go down a bit from its highs then that person or organization will buy bitcoins again this is their trading strategy. They trade in this strategy but from the middle we only get excited and get excited and take any wrong decision. If the market suddenly drops a lot and then suddenly rises a lot, this time we can't really get excited but we have to wait for better times. If we can patiently wait for good time for that time then good time will surely come for us.

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November 21, 2023, 01:38:39 PM
 #134

So far we have had three halvings, and the fourth is fast approaching, and funny enough, we always do have some sort of crisis, or will I say some price dump, on or before the Bitcoin halving, which usually drops the price of Bitcoin drastically to its lowest level compared to its ATH.
 
1. As we know, the first halving happened in 2012, and during this time, the price dump happened just a year before the halving, which was In 2011, when the price fell from $30 to $2. And this was as a result of the Mt. Gox exchange hack incident, in which a total of about 850,000 Bitcoins were stolen.
 
2. The second one was 2016, and the price dump was in 2014. After the price pumped in December 2013 and reached a new all-time high of $1200, the next month, January 2014, the price fell below $550, and this was as a result of the Announcement made by China, who have always been against crypto, which states "Bitcoin was not a currency and could not be used as a form of payment."
 
3. The most recent halving occurred in 2020, which was the one I experienced, but before the halving, the price had already reduced from its all-time high, which it achieved in December 2017, which was about $20k+, but within a period of a year, there was a global regulatory attack on ICOs (Initial coin offerings), just as the SEC is attacking Security tokens. Back then, the regulators requested exchanges comply with what they called "Anti-money laundering (AML). This, I believe, was when AML and KYC became mandatory for most of the centralized exchanges out there. The pressure that came with this resulted in the price crash from $20k+ to its lowest of $3,500 in December 2018.

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November 30, 2023, 03:34:33 PM
 #135

In the face of drama and fluctuations in the bitcoin price in the crypto market, it is important to remain strong, calm and patient. we need to be able to understand that drama is part of market cycles and could happen again in the future will help us deal with it better.

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November 30, 2023, 04:52:49 PM
 #136

Bitcoin jumping and dumping is a part of its business method. No one knows when the whale will appear and the rate of BitCoin will go up or down. And no one knows about it either. When will Bitcoin go back to its previous position? There are only predictions, guesses and appearances. And that's what Bitcoin is all about.
However, no one can deny this. That it is the fastest growing business in the world. And countless of its sub-coins have hit the market. All of these coins are descendants of Bitcoin. And his children are increasing day by day.
.

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November 30, 2023, 05:11:17 PM
 #137

Bitcoin jumping and dumping is a part of its business method. No one knows when the whale will appear and the rate of BitCoin will go up or down. And no one knows about it either. When will Bitcoin go back to its previous position? There are only predictions, guesses and appearances. And that's what Bitcoin is all about.
However, no one can deny this. That it is the fastest growing business in the world. And countless of its sub-coins have hit the market. All of these coins are descendants of Bitcoin. And his children are increasing day by day.

Even though you are not exactly technically incorrect when you say Shitcoins are "descendants" of bitcoin, but it is much better to consider them as affinity scams, so likely they are nearly inevitable in a free and open market, but that does not mean that any of us should be talking about them or considering them in any kind of nice way, even if there might be some level of inevitability to their existence.. and normies seem to love being scammed.. and even some folks here participating in such shitcoins are either getting scammed or helping to prolong such scams.

Do some of them have some value, sure potentially (such as test beds and experiments), but still does not justify wasting very much time, money and/or energies in regards to any of them... and if you are not really very easily able to know the difference between bitcoin and shitcoins, you may well need to spend several years studying and investing into bitcoin first, and limit yourself from getting too distracted by shitcoins while you are learning about and figuring out grandpa coin... and wondering why grandpa coin happens to be the best. .strange as it seems to those who love to get excited about new and shiny things, which likely works better when consumning and having funzies rather than more grown up and boring ideas of investing, sound money and responsibility.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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November 30, 2023, 05:57:40 PM
 #138

In the face of drama and fluctuations in the bitcoin price in the crypto market, it is important to remain strong, calm and patient. we need to be able to understand that drama is part of market cycles and could happen again in the future will help us deal with it better.
If we have a good understanding of Bitcoin then I think we will remain calm with all the Bitcoin price drama and also we will remain consistent in collecting it with the strategy that we are most comfortable using to be able to get a profit from the investment, but we will not be able to know when the price will rise So all we can do is collect it according to our abilities and wait until we can make a profit.
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November 30, 2023, 07:58:47 PM
 #139

Bitcoin jumping and dumping is a part of its business method. No one knows when the whale will appear and the rate of BitCoin will go up or down. And no one knows about it either. When will Bitcoin go back to its previous position? There are only predictions, guesses and appearances. And that's what Bitcoin is all about.
However, no one can deny this. That it is the fastest growing business in the world. And countless of its sub-coins have hit the market. All of these coins are descendants of Bitcoin. And his children are increasing day by day.
.
No one knows exactly what will happen to Bitcoin's price, not whales, not China, not USA, absolutely no one knows what will happen after a certain accident, we all speculate and expect this or that to happen. If we have a look at Bitcoin's price, it's easy to predict that Bitcoin's price will rise after next halving. We aren't 100% sure but we know that when there is a halving, people will positive about bitcoin's price rise, miners receive 1/2 of yesterday's reward and businesses try to express their interests, like Paypal and Elon Musk did in 2020.

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November 30, 2023, 09:11:48 PM
 #140

In the face of drama and fluctuations in the bitcoin price in the crypto market, it is important to remain strong, calm and patient. we need to be able to understand that drama is part of market cycles and could happen again in the future will help us deal with it better.
If we have a good understanding of Bitcoin then I think we will remain calm with all the Bitcoin price drama and also we will remain consistent in collecting it with the strategy that we are most comfortable using to be able to get a profit from the investment, but we will not be able to know when the price will rise So all we can do is collect it according to our abilities and wait until we can make a profit.
The lesson learnt here is that some whales would trigger some fear which would prompt some Bitcoin hodlers to dump their coin consequently resulted to drop in the price of Bitcoin which would enable those whales to capitalize on the dump and bought those coins massively while awaiting the halving, however all the tricks has been revealed majority of the Bitcoin hiodlers or enthusiast thus no more fear for any Bitcoin hodler unlike before when panicking has been the order of the day, I think newbie investors are being wise now everyone is trying to keep their asset now irrespective of the market condition whether bullish or bearish.

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