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Author Topic: Falseful speculations about bitcoin predictions and its halving  (Read 348 times)
AVE5 (OP)
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April 29, 2024, 08:33:22 AM
 #1

I've read multiple threads talking about "Now that the halving has come and gone".
Thereabouts lot of Investors were airing their views about who's still buying hodling ahead the bull run to make some huge profits just as the halving for the current circle of bitcoin has displayed and gone.

While I was yet to be convinced that truly the halving has come and gone, I'm still right in the coin market cap which I'm still not convinced to say yeah, the halving has truly come and gone because the bitcoin price is fluctuating and had even depreciated in values more less than the actual price which the speculations insighted that we've been encountered with the expected halving I can remember that the price buttressed at $62,000 plus thenband climbed to $66,000 plus but while I am creating this thread the price has as much depreciated even below the price speculation of $62,000 that previously we've made away with the halving.

Literally I don't expect a quick surge of the bitcoin bull run as some individual conscience maybe.
My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.

Marvelockg
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April 29, 2024, 09:41:23 AM
 #2


While I was yet to be convinced that truly the halving has come and gone, I'm still right in the coin market cap which I'm still not convinced to say yeah, the halving has truly come and gone because the bitcoin price is fluctuating and had even depreciated in values more less than the actual price which the speculations insighted that we've been encountered with the expected halving
you don't use the idea that Bitcoin price is still fluctuating to determine if the Bitcoin halving has happened or not. Bitcoin halving happens on a pre determined day and not something that's of a speculative nature like bitcoin price movement.



 I can remember that the price buttressed at $62,000 plus thenband climbed to $66,000 plus but while I am creating this thread the price has as much depreciated even below the price speculation of $62,000 that previously we've made away with the halving.

Literally I don't expect a quick surge of the bitcoin bull run as some individual conscience maybe.
My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
should it be your concern that some folks are investing for the short term benefit they envision? Bitcoin isn't like any shit coin out there that you will be afraid that it can just go down in price drastically such that you will be afraid of lossong your investment. The worse case scenario that can play for Bitcoin investors is that if the price keeps lingering for long, they will have to wait longer so they can be in a good profit which to me is an added advantage as it will enable them stack up more Bitcoin while waiting for the price to get bullish. But when you continue to get frustrated about what's happening with Bitcoin price movement around $62k or $63k and so on you might end up disturbing yourself till you wouldn't be able to accumulate and HODL long enough.

Even looking at it from past Bitcoin halving, what's happening now isn't a strange scenario that's different from what has happened in the past and even though it didn't end up playing out same way with past Bitcoin halving, it's clear that we will have Bitcoin getting to at least a $100k before the end of the year.


To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.
for those that are long term investors, there is absolutely nothing to be worried with respect to handling our emotions considering the current Bitcoin price movement. If the price goes DIP, it send the signal that we should buy more Bitcoin and even when it goes high, it gives us the reassurance that we're getting up into more profit and then we still continue buying with our DCA routine so iether ways, it's still a win win thing.

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April 29, 2024, 11:58:09 AM
 #3

The crypto market is volatile and I think that it's ok to speculate their prices, even though they might not turn out to be accurate, but atleast you'll have some events or datas to give pointers on when you want to buy or sale, instead of entering the market blindly. The unique thing about Bitcoin, being the most reputable and apex crypto is that it has proven to be a store of value, and if held on a long term will always reach new ATH, meaning that the holder will never be at loss. So I can agree with the OP that if an investor is aiming to hodl Bitcoin on the long term, that they shouldn't worry about price fluctuations on the short term.











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April 29, 2024, 07:54:47 PM
 #4

Speculations regarding Bitcoin's halving are true I guess, the halving has came and gone and now it won't come for next 4 years. The current Bitcoin's price is a temporary one because when it starts pumping again then the ones who don't accumulate it right now will regret about their speculative skills.

This bull run hasn't gone intense yet and when it starts getting intense then we may not see Bitcoin's price below $90k levels. I expect that in the peak of this bull run, Bitcoin could be more available then $100k per coin or even more. $100k is a safe bet, but it could go way higher than that value at the peak of this bull run.

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April 29, 2024, 08:14:23 PM
 #5

Speculations regarding Bitcoin's halving are true I guess, the halving has came and gone and now it won't come for next 4 years. The current Bitcoin's price is a temporary one because when it starts pumping again then the ones who don't accumulate it right now will regret about their speculative skills.

This bull run hasn't gone intense yet and when it starts getting intense then we may not see Bitcoin's price below $90k levels. I expect that in the peak of this bull run, Bitcoin could be more available then $100k per coin or even more. $100k is a safe bet, but it could go way higher than that value at the peak of this bull run.

before this happens however is the market could remain as it for a long period of time yet.  i would have been happy to see the price having a steep dive so that we could already see the bottom as early as possible but with this slow drive, it is killing investors softly. 

whatever accusation there is about halving, it depends on what goes on in the market. because despite how uncertain the economy is today, not all people prefer crypto. governments prefer gold.

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April 29, 2024, 09:03:38 PM
 #6

While I was yet to be convinced that truly the halving has come and gone, I'm still right in the coin market cap which I'm still not convinced to say yeah, the halving has truly come and gone because the bitcoin price is fluctuating and had even depreciated in values more less than the actual price which the speculations insighted that we've been encountered with the expected halving I can remember that the price buttressed at $62,000 plus thenband climbed to $66,000 plus but while I am creating this thread the price has as much depreciated even below the price speculation of $62,000 that previously we've made away with the halving.
I know where your confusion is coming from, probably you were told that immediately after halving, bull market will happen and price will continue to rise. As this was not the case with this halving, you are therefore finding it hard to correlate what happened with what you expected to happen base on what you heard or read.

Technically, the halving have come and gone as you can see, the block reward have reduced to 3.125 BTC. What we await is the effect of this reduced block reward on the price of Bitcoin. This has to happen so that you can be convinced that halving have actually happened, just that no one know when it will happen because the market is not showing any willingness to toe that path at the moment.

As a little motivation and based on past data, price usually peak the year after halving. In that case, we are expecting the bull run to continue later this year to peak by next year. I hope this will be some form of motivation to continue buying Bitcoin at this time instead of freaking out.












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April 29, 2024, 11:57:28 PM
 #7

Literally I don't expect a quick surge of the bitcoin bull run as some individual conscience maybe.
My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?

What do you mean? It's one of the most anticipated event in Bitcoin's history and so I don't feel that it just come and go in the market. Perhaps you as a investor, but for miners and those who work behind, there could be a lot of adjustments.

To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.

If you are new in the market, then the best thing to do is to look at the previous block halving, make an observation and see how the price have been? Are you here when the last halving happen? We are in the pandemic and yet the market continue to go on parabolic rise from the pandemic price of $3k to a new all time high of $69k.

Edit: Obviously you are not here as you registered in 2023.

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April 30, 2024, 04:03:37 AM
 #8

I think what it is, is that many people heard on the news or some post or some friend that, crypto has to pump right after the halving because there will be less supply and they go and invest and are upset about not getting any immediate gains.

The halving just happened like 10 days ago, it will take a while to have an effect, it’ll take a few months at least. Plus bitcoin already pumped a lot due to the etf approval. We were at like $45K when it was approved and we peaked slightly over $70k. So you need to be patient before it hits a number like $100K.
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May 03, 2024, 07:05:03 AM
 #9

My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.
I believe that we are going to see a lot more increases in the future, halving doesn't really make the prices go up a lot more quickly and a lot of people expect it to go up right away, that doesn't always happen and we should be considering the situation as something that takes a bit of time. I believe that we are going to see it change with time and we should be waiting for a few more months.

We should consider what we could make a bit more situation, like if we accumulate now then it means we should consider what we could make, accumulating it would make it go a lot better with time. I hope that people could end up waiting and not selling it, because last halving a lot of people sold after halving, thinking that was it, but at the end of the year price went up a lot.

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May 03, 2024, 07:52:58 AM
 #10


Literally I don't expect a quick surge of the bitcoin bull run as some individual conscience maybe.
there is no such thing as quick surge because we need to keep some time waiting as investors
are waiting for right timing when to purchase and add to their folio and that will increase also the price of bitcoin,

Quote
My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
Stupid investors that believe in rumors are not deserving to gain nor profit here  because this is
not the place where they can just gain money from believing that rumors.

Quote
To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.
the main thing is to know how risky is this investment and you will only invest the amount
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May 03, 2024, 04:13:34 PM
 #11

Literally I don't expect a quick surge of the bitcoin bull run as some individual conscience maybe.
My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.

On the contrary, right after the halving, we might experience the price going down. So yeah, it's true that we will not see an immediate impact on the price, and again, it might go North, and if you look at the monthly returns in 2021, right after the halving we are in a negative 30%.

Yeah, invest what you can afford to lose and long for the long term effect. If not, then at least observed what the price movement will be at the end of the year. It's a great indicator of the effect of the halving, give it some months to see and for sure everyone will appreciate the price this December.

 
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May 03, 2024, 04:22:37 PM
 #12

Not all events will affect Bitcoin, people tend to use x events affect Bitcoin price and so on.

Myanmar civil war happen in 2021, yet no one correlate it to Bitcoin price since it's bull season.

Bitcoin price will increase after halving events, while mining difficulty increase overtime, it's not suddenly increase after halving event.

The biggest reason affect Bitcoin price is money, so if you know someone had $1 Trillion and want to invest in Bitcoin without looking at the price, I'm sure the price will double.

 
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May 04, 2024, 04:18:50 AM
 #13

Yes, I agree with you that we should invest as much as we can and forget expectations and speculation because these are whales' ways of manipulating the market by influencing emotions and they often succeed.

Therefore, the real investor must set his strategic goal and stay away from all these influences, whether predictions or false news, which may cause him feelings of fear and greed, which are the biggest factors in market manipulation.

Everyone must also realize that the halving does not mean an immediate rise in prices, but rather there will be a period of time that may extend to months before we see the desired effect.


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May 04, 2024, 04:56:02 AM
 #14

its misconception on most of people's ends anyway to think that halving is like some kind of event that guarantees price increase, halving is just halvening of mining rewards which mean increased scarcity of bitcoin due to the reduced mining rewards means that it won't magically double the price but might be a good thing for long term since lesser and lesser btc produced by miners.
therefore the price surge sort of compensating the fact that rewards is halvened because its getting a lot scarce so people values bitcoin more expensive than ever before.
some people out there have no ideas that usually the bullrun comes after few months halving passed.

though I believe that the price of bitcoin and its movement is rather unpredictable, it can rise after halving and sometime it won't it also depends on many thing like whether there's a crisis or not.
so many things can affect it, so whatever events there is isn't the way to determine bitcoin price surge.

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May 04, 2024, 05:22:17 AM
 #15

~
People are expecting the effects of the halving, not the halving itself. Halving isn't something people predict or speculate, it's a matter of fact that happens every 4 years. It just recently happened and that's that, it's over now. As for the effects, which as I said are what most people are expecting, I myself expect it to happen within a half a year to a year time frame from the halving, not weeks after it lol. It's a gradual process, not a sudden one.

And if people truly wanted to profit, they would've seen the recent dips as opportunities to buy more. I did.

 
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May 04, 2024, 05:37:31 AM
 #16

Let them all talk, it's not like they can do anything about it, if people fall for this charlatan and naysayers then they deserve what comes to them because they wanted to try their luck on listening to whatever they're saying rather than that of thinking for themselves, it's not like it's a loss because when one falls, there's more to replace that person anyway. People love to talk, dream, and speculate so I'm not sure what to say to you but I guess let them talk and do their own thing, do what you think is right and don't listen to them, it's not like they care if you follow through what you're doing.
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May 04, 2024, 10:47:22 PM
 #17

My concern is that what would be the emotions of those Investors who speculated the halving rumours to had come and gone, are they feeling sentimental already to say that another halving has come just about last week we experienced the nomenclature of the expected halving?
It's not important to know what others feeling about the halving's come and gone scenario. What you have to think of if you're following your DCA plan or any strategy that you're going to do after it's done. It's not even going to add some cents to our portfolio upon knowing if those people you're thinking have been happy or not as of this moment. So, don't be too concern with them as it's not your business to know their thoughts.

To me what's best suitable for emotional stability in this bitcoin industry is that we should just invest as much as we can and forget about the predictions and speculations else we'd be ignite to fume our emotions to forces of disappointments.
Exactly, you have also answered your question and that's why there's no need to get worried with others portfolio and just mind your own and keep stacking.

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May 05, 2024, 08:37:11 AM
 #18

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People are expecting the effects of the halving, not the halving itself. Halving isn't something people predict or speculate, it's a matter of fact that happens every 4 years. It just recently happened and that's that, it's over now. As for the effects, which as I said are what most people are expecting, I myself expect it to happen within a half a year to a year time frame from the halving, not weeks after it lol. It's a gradual process, not a sudden one.

And if people truly wanted to profit, they would've seen the recent dips as opportunities to buy more. I did.

That's right, no one expects the halving if the halving has no impact on the bitcoin price increase, what people care about is the bitcoin price increasing so they can make a profit, nothing more and nothing less.

Regarding the bull season, if we rely on history, it is clear that the bull season will not come immediately after the halving, we will need from 6 months to 1 year as you said. But because there has been a bit of change recently, such as bitcoin having a new ATH halving so people become more optimistic and believe that the bull season will come sooner than expected. If you take Tokeweed's April bitcoin price poll, you will see that most people believe bitcoin will reach $75-80k by April, people are very optimistic even long-time investors . So it's no surprise that many people are now disappointed when bitcoin doesn't move as they expected.

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May 05, 2024, 11:49:41 AM
 #19

Bitcoin was designed to have a halving reward for miners every four years, and it is from history that bitcoin aficionados were able to notice and confirm that it is true. This is why you see that when the halving was close, the news was everywhere. Some people misunderstood how the halving triggers the bull run, and they thought that the bull run will come immediately after the halving, which was why they were disappointed. The worst part of it was that bitcoin price started dipping, and many who bought due to FOMO will panic and sell.

This is why you need to invest in a long term investment, and use the amount that you can afford to lose, so that during your first year and second year experience in hodli, you will have understand the nature of bitcoin, that the price rises and dips, but it will always pump higher above the previous ATH.

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May 05, 2024, 04:31:27 PM
 #20


While I was yet to be convinced that truly the halving has come and gone,
No one needs to convince you that halving has come and gone. Maybe you need to make a lil research to know what is bitcoin halving. If you really understand the concept, you don't need anyone to convince you when if it has happened or not.

Some people misunderstood how the halving triggers the bull run, and they thought that the bull run will come immediately after the halving, which was why they were disappointed. The worst part of it was that bitcoin price started dipping, and many who bought due to FOMO will panic and sell.
This is pretty much how it happens every season. Infact, if bitcoin is difficult for some people to understand, it is fine they study history. Bitcoin history can show that not many new things happen each season. It is just repetitions.

This is why you need to invest in a long term investment, and use the amount that you can afford to lose, so that during your first year and second year experience in hodli, you will have understand the nature of bitcoin, that the price rises and dips, but it will always pump higher above the previous ATH.
Many people has the mentality of getting rich overnight. That is why Investing little and using DCA will not be an option for them.

R


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