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Author Topic: Falseful speculations about bitcoin predictions and its halving  (Read 348 times)
South Park
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May 05, 2024, 06:27:04 PM
 #21

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.
I do not see the harm either, in fact I think it is an intrinsic part of any market, after all if I invest in bitcoin with the idea to make money with my investment, I find it completely natural that I may try to foresee what could be the ATH we may reach during this bull run and when this may happen, as a correct prediction could allow you to exit the market at the perfect time and make the most money you could, so as we can see speculating about what the price may do is essential to any trader or investor.
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May 06, 2024, 04:10:25 PM
 #22

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.
Bitcoin price will eventually pump but not immediately after halving, as it may still take couple of months before we can see a significant price increase for bitcoin. It’s just that newbies who entered in the market are less patient when it comes to profits, and probably because they have heard the wrong information first that bitcoin price will consistently surge high after halving. Although it’s not wrong to listen to other people’s opinions and ideas, but learn to verify them as well before you set to believe on their words.

However, the important thing is halving is already done which is a very important event for bitcoin. And that would lead to its bull run soon where everyone expects to reap their profits from long term hodling.

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May 08, 2024, 06:52:46 PM
 #23

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.
Bitcoin price will eventually pump but not immediately after halving, as it may still take couple of months before we can see a significant price increase for bitcoin. It’s just that newbies who entered in the market are less patient when it comes to profits, and probably because they have heard the wrong information first that bitcoin price will consistently surge high after halving. Although it’s not wrong to listen to other people’s opinions and ideas, but learn to verify them as well before you set to believe on their words.

However, the important thing is halving is already done which is a very important event for bitcoin. And that would lead to its bull run soon where everyone expects to reap their profits from long term hodling.
Only newbie people would really be having this kind of impression and thinking that halving event means pump or bull run on which this is very wrong. Its impossible that you wont really be able to make yourself wary or aware on just making out some searches on what happened in the past on which the bull run market kicks in on the time after several months of Bitcoin halving. For those who had been here on this market for a while and had been able to experience those couple halving periods or market cycle then they wont really be that minding much about that after halving pumps because it would eventually be happening on long months after.
Instead on making yourself that been thinking about on these pumps then it would be wise that you should really be that taking up some positions now before it would be making some moonshot.

Dont make yourself that too hopeful on things on which arent even unrealistic and this is why you wont really be that making yourself that expecting too much.
Always stick into those situations that happened in the past on which it could be possibly happen in the future but of course there would really be no assurance on that and
this is something that you should really be mindful into.
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May 08, 2024, 11:10:23 PM
Last edit: May 13, 2024, 06:54:23 PM by AmoreJaz
 #24

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.

At the end of the day, you are the one taking care of your funds. So it is up to you how you handle the talks surrounding this market. People will always have something to say, but you need to take care of your own to survive, else, you will lose without a doubt. Also, do remember, these known experts are also human. They are also basing their predictions on their experience or knowledge, but they don't have the crystal ball to say, their predictions are accurate enough for everyone to believe and follow.

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May 09, 2024, 12:07:57 AM
 #25

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.
(....)
For me, it's just kinda "buy the news, sell the rumors". Look what happened, during the Bitcoin block halving event, on the exact day or even closer to the exact day. No, price action happened, like huge pump but what happened was a dump especially days after the halving day.
But the pumps happened months before the Bitcoin block halving.

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May 09, 2024, 03:49:57 AM
 #26

For me, it's just kinda "buy the news, sell the rumors". Look what happened, during the Bitcoin block halving event, on the exact day or even closer to the exact day. No, price action happened, like huge pump but what happened was a dump especially days after the halving day.
But the pumps happened months before the Bitcoin block halving.
It was caused by ETFs, many people invest in ETFs and it makes Bitcoin price rise, but during halving event, those people who bought ETFs choose to dump it. The last 3 halving events, there were no big news like ETFs acceptance, halving is still same, the difference is just this halving had a good news.

Many of recent news about Bitcoin is government cracking down against privacy, but this wouldn't affect too much since most people don't care with privacy.

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May 09, 2024, 03:58:53 AM
Merited by philipma1957 (2), _act_ (2)
 #27

Focus on the big picture rather than the small details.
What is always established is that the price of Bitcoin rises contrary to speculation. If negative news begins to continue for a period longer than two months without us seeing any positive news, this is an ideal opportunity to buy more Bitcoin because, in most cases, the price of Bitcoin moves higher.
Therefore, if you bought Bitcoin thinking that the price would rise after halving and then the negative news started, know that it is a matter of time before the price rises, so do not sell.

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philipma1957
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May 09, 2024, 04:01:07 AM
 #28

Focus on the big picture rather than the small details.



at op listen read and follow this advice.

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May 09, 2024, 09:10:47 AM
 #29

Just ignore them, you really can't help but speculate about the future of bitcoin anyway, that's just how things are, people are imaginative and they want to make something out of that imagination. Let them do their thing, they keep the dream alive of 100k bitcoin. I don't get the falseful speculations though, kind of feels like a contradiction to me, it's a speculation, it's not like it's based on facts or anything, just an opinion and a prediction at best so if you ever think that it's false then it's implied that you believed it and therefore that you don't know what you're doing and you suck as a person because you just believe without evidence or clarification, and that you can't even think for yourself.
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May 10, 2024, 12:37:43 PM
 #30

Focus on the big picture rather than the small details.

I do agree, or just be a long term investor so that you won't be bother by this small details that you stress you out.

What is always established is that the price of Bitcoin rises contrary to speculation. If negative news begins to continue for a period longer than two months without us seeing any positive news, this is an ideal opportunity to buy more Bitcoin because, in most cases, the price of Bitcoin moves higher.
Therefore, if you bought Bitcoin thinking that the price would rise after halving and then the negative news started, know that it is a matter of time before the price rises, so do not sell.

And sometimes when the everyone speculate that it will go on this side, suddenly it blows and goes to slide on the other side. And so for this halving, it's too early to say that we will be reaching $100k in a snap. So have patience and again, take the broader view and in the end, you will be good and you will thank everyone here who gives you some of the best advise.

 
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May 10, 2024, 05:30:37 PM
 #31

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.

Who can without a doubt tell that Bitcoin was not affected by the halving? When everyone knows that Bitcoin has its halving in April 2024, and by the way it is a wonderful feature that everyone can look ahead and check the schedule for everything, what does everyone here think people will do? Buy when the halving happens? Or buy in anticipation of the halving?

We were at something like $25k six months or so ago and now it is $60k. Within this time frame was the halving. Now, did the halving have an effect?

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May 12, 2024, 05:00:43 PM
 #32

Who can without a doubt tell that Bitcoin was not affected by the halving? When everyone knows that Bitcoin has its halving in April 2024, and by the way it is a wonderful feature that everyone can look ahead and check the schedule for everything, what does everyone here think people will do? Buy when the halving happens? Or buy in anticipation of the halving?

We were at something like $25k six months or so ago and now it is $60k. Within this time frame was the halving. Now, did the halving have an effect?
Even if I believe that the price increase we saw during the months prior to the halving was caused by it, one of the problems with the markets in general is that it is impossible to conclude anything with absolute certainty, and most of the time the explanations given are after the fact statements which fit the events that happened, instead of being predictions made before something happened and that get confirmed by the movements on the charts.
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May 12, 2024, 05:30:02 PM
 #33

Quote from: blckhawk
Just ignore them, you really can't help but speculate about the future of bitcoin anyway, that's just how things are, people are imaginative and they want to make something out of that imagination. Let them do their thing, they keep the dream alive of 100k bitcoin. I don't get the falseful speculations though, kind of feels like a contradiction to me, it's a speculation, it's not like it's based on facts or anything, just an opinion and a prediction at best so if you ever think that it's false then it's implied that you believed it and therefore that you don't know what you're doing and you suck as a person because you just believe without evidence or clarification, and that you can't even think for yourself.
There is no way you can stop BTC not to spread because those that tested good results from BTC, they will like to discuss it with their friends or relatives to take note of the decentralized currency.

Now that bitcoiners are expecting $100k from BTC before the end of this year, it will be a good choice for those that missed last two months bull run to use this bear run to buy and look for safe wallet to hodl the BTC to achieve what will convince other to make BTC their choice.

That is why you need to verify with your research, before buying BTC from the market because following other people prediction to buy or sell, it can make you loss plenty money from BTC investment.

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May 12, 2024, 08:14:55 PM
 #34

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?
There is a reason why the most that could be attempted is some wide speculation, it doesn’t mean it gets to play out as speculated but, there would come a time when the market would respond to certain elements that would turn out to be market movers.

Those to whom have attached their feelings to Bitcoin market and the bullrun are those who are in it just to take profit and leave. This is really wrong and an unhealthy habit towards the Bitcoin innovation. People or investors can’t really be about the revolutionary technology just to take profit and leave, only to come back some time in the future with same intent. For these people, Bitcoin is a honey pot and that’s some bad idea.

For this reason, results of the halving not being immediate and taking time to form is some of the best workings of the market. It drives every investor towards researches on ideas that wouldn’t be sentimental but, awareness of what goes on in the market and new ways to take advantage of it that wouldn’t see the market for a honey pot and in turn, promote long term investing.
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May 12, 2024, 09:34:17 PM
 #35

it will be a good choice for those that missed last two months bull run to use this bear run to buy and look for safe wallet to hodl the BTC to achieve what will convince other to make BTC their choice.
Bitcoin is not currently in a bear market, this is a bull market and it has started for quite sometime now. Yes, Bitcoin price dropped a little, but it is just a small price correction and isn't significant enough to be called a bear market. That being said, it is definitely good to buy bitcoin whenever there is a dip in price, just like now; but so many people would not still take the opportunity, only to complain that they failed to buy when bitcoin starts pumping again.

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May 12, 2024, 09:43:59 PM
 #36

~
First, the halving isn't about the price, it's about the rate the miners can mine new coins. Price has no direct correlation to whatever the halvings does, it is in no way indicative of what the price of Bitcoin should be. As you've said, it's mostly speculation by us (and from what history did) and it's pretty easy to see how the expected effects aren't immediate. Honestly, this current period looks great for people to buy in imo. A lot were screaming that they were late when we pumped to 60k, well now that we're just waiting here you can now not be late.

And tbf, speculations are speculations because they're not true nor false, so to call it falseful sounds kind of wrong Tongue.

 
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May 12, 2024, 11:29:09 PM
 #37

First, the halving isn't about the price, it's about the rate the miners can mine new coins. Price has no direct correlation to whatever the halvings does, it is in no way indicative of what the price of Bitcoin should be. As you've said, it's mostly speculation by us (and from what history did) and it's pretty easy to see how the expected effects aren't immediate. Honestly, this current period looks great for people to buy in imo. A lot were screaming that they were late when we pumped to 60k, well now that we're just waiting here you can now not be late.

And tbf, speculations are speculations because they're not true nor false, so to call it falseful sounds kind of wrong Tongue.

Exactly people mostly those new to bitcoin treat the halving as an even that automatically causes the bull run and increases the bitcoin price but it’s not so. They are just period where the miners reward or bitcoin mining are halved. It is we the Users that usually anticipate that a reduce mining reward means a reduction of the supply and apparently an increased on the demand which made on the supply/demand basis it will increase the price.

The past trend has actually followed this pattern but those means history always repeats it self? No sometimes they change that’s why it’s best to always invest in what you can afford to lose to be on the safe side and hold patiently

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May 13, 2024, 04:30:48 PM
 #38

OP, the halving has truly come and gone and that is to say the price of Bitcoin has been reduced up to the rate of which other coins are invented on a half.
This does not mean that the price of Bitcoin would not go dip or dipper than the half by which the halving was rated. You also have to understand that halving does not occur more than once in a Bitcoin circles of 4 years.

As for investors who have been at await to cash hugely from their Bitcoin assets, yeah that would come but not just so immediately after the halving and also, don't think the halving is the driver towards the edge of the Bitcoin bull-run but it is certain that the bull-run would come but remains unpredictable.

Just keep to feed your emotions that your holdings on Bitcoin is a promise that you will make it big as far as you can hold patiently.











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May 13, 2024, 04:44:26 PM
 #39

Its a development not an event, halvening has years to take an effect in the lower supply and the amount its changed is far less then prior changes.   It might matter in the end but its far more gradual now then the seismic alteration it might have been in long past years, now its a blip that accumulates.   By the end of 2024 the fact we had halvening now will matter, today I barely count it as an influence vs even the news this week about the economy in general.

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May 13, 2024, 07:11:32 PM
 #40

Who can without a doubt tell that Bitcoin was not affected by the halving? When everyone knows that Bitcoin has its halving in April 2024, and by the way it is a wonderful feature that everyone can look ahead and check the schedule for everything, what does everyone here think people will do? Buy when the halving happens? Or buy in anticipation of the halving?

We were at something like $25k six months or so ago and now it is $60k. Within this time frame was the halving. Now, did the halving have an effect?
Even if I believe that the price increase we saw during the months prior to the halving was caused by it, one of the problems with the markets in general is that it is impossible to conclude anything with absolute certainty, and most of the time the explanations given are after the fact statements which fit the events that happened, instead of being predictions made before something happened and that get confirmed by the movements on the charts.
I don't think that is a problem but that is only normal here. I know many things can affect the price of the cryptos but I think it's obvious that major events can contribute a lot compared to the smaller ones, however it's still up to us if what we will believe. I never heard a law that restricts us with that.

People like to predict things, so what you are saying there that we only gave a statement after an event is false. There is no thrill on it anymore. The movements in the charts are not reliable to use as basis when confirming things because they can move randomly most of the times. I can trust a real human more, especially an expert rather than it. 

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