Why bitcoin halving 2020 is not successful?

[TERMINO]

I think it is not enough basis to conclude the 3rd halving wasn't successful. Do we have our own standards about halving success or we know that halving happens without informing us whether it will succeed or not because basically, long time ago bitcoin without having had been successful already.

[Gurujebs]

I will keep saying it and I will still say it again. Halving isn't prime mover of bitcoin price but adoption. As more as more investors flood into btc, bitcoin will grow and not some mere speculation.

[hushpupppy]

I have a different idea, i believe the halving was of very good success. And the only difference is that the halving did not impart the price as many people predicted.

But this is not new, market prices does not have to depend on what traders hope for, but instead the reality around

[krypto4uvak]

On the contrary, it seems to me that this year is successful for Bitcoin. If in the middle of the year such a decent price. By the end of the year it should be even higher.

[Doctor]

Whether you are a newbie or an advanced trader, whether a developer of DApps or miners of Bitcoins or even a crypto enthusiast, you must be well aware of the “Halving” event of crypto space. Crypto community all across the globe was eagerly waiting for the event till May 11, 2020, when the third halving took place. But this time, the situation is a little different from the previous two events because of the impacts of the global pandemic of COVID-19. The infamous Corona is not only associated with health crises but with global economic slowdown also. Crypto space had not been left untouched by the virus of COVID even though it is based on the decentralized model of Blockchain technology. Also the hype and impacts of Corona on Bitcoin Halving 2020 have been noticed. Some of crypto giants though explained that the immediate impact on Bitcoin prices was not observed even in two previous halving events, so maybe it is not Corona but the usual trend in crypto markets. In this article, let us have a closer view of the halving event of 2020 and also try to understand the impact of COVID-19 on Bitcoin Halving.

Keep calm bro, Bitcoin halving 2020 will successful. It just market correction. I think bitcoin will continue to rise until the middle next year. I have read many investors have predicted about it. I think It will happen soon, because the bitcoin progress is good at this month.

[Astra]

The success of the last halving can be judged no earlier than in a year and a half. It was during this period that the price of bitcoin traditionally grows. However, even now, at the end of summer, when business activity is always falling, bitcoin has grown quite well in price, once again breaking the $ 12,000 mark. Not for long, though.

[krypto4uvak]

The success of the last halving can be judged no earlier than in a year and a half. It was during this period that the price of bitcoin traditionally grows. However, even now, at the end of summer, when business activity is always falling, bitcoin has grown quite well in price, once again breaking the $ 12,000 mark. Not for long, though.

It seems to me if Bitcoin has grown so well after the halving. What awaits us by the end of summer I think there will be a rapid and large increase in its price.

[LaZim]

I have a different idea, i believe the halving was of very good success. And the only difference is that the halving did not impart the price as many people predicted.

But this is not new, market prices does not have to depend on what traders hope for, but instead the reality around

If people have only heard about bitcoin from TV, they don't care that it will be halved. This news only works inside the market. In order for people to invest in this market from the outside, they must see the price increase. Otherwise, why do people need an asset that is falling?

[TERMINO]

It seems to me if Bitcoin has grown so well after the halving. What awaits us by the end of summer I think there will be a rapid and large increase in its price.

Maybe after this downtrend scenario. Recently, Bitcoin hit $12,000 and now drops to $10,410. Unclear to me what will be the next thing to happen? Do we see drastic drop or massive increase few days from now.

[Senin]

The success of the last halving can be judged no earlier than in a year and a half. It was during this period that the price of bitcoin traditionally grows. However, even now, at the end of summer, when business activity is always falling, bitcoin has grown quite well in price, once again breaking the $ 12,000 mark. Not for long, though.

And this reasoning was correct. From the standpoint of today, no one can say that last year's halving in Bitcoin was not crowned with success. We see that in May, exactly one year after this event, the price of bitcoin rose to more than $ 64,000. Moreover, we hope that this is not the limit, and if not in this, then next year we will see the continuation of its price growth.

[sacrotic]

Success came at the end of journey, written in public opinion as great masterpiece, not in beginning and came from articles. I see bitcoin as a product, as long not loose trust everything will be fine. Trust means investor, trader and liquidity not negative sentiment or hoax.

[xeroz]

Can you tell me where do you find that Bitcoin halving 2020 is not successful?
We can see how the price pumps several times after halving. The price of Bitcoin moreover could reach more than $62k. And this is called as unsuccessful?
You may not need to see it now but the previous bullish era is.

[Fenix]

This theme was created 12 days after the halving event itself. Of course, after such a short time, the price results should not be seen yet. In practice, a significant increase in the price of bitcoin occurs about a year after the halving. In principle, this time bitcoin began to grow even after six months and grew right up to this May. Well, the result of this growth is quite impressive - over $ 64,000. Now it can no longer be said that halving was ultimately unsuccessful in terms of the price growth result.

[kent47400]

Success will be in the following year, January 2021 to April and this is the best opportunity for us to get something very good from the halving plan.
Hopefully this is the best choice for us to be able to love the cryptocurrency market because this market is very different from the others and can change the price overnight from 10 to 1000 .

[lepbagong]

Success will be in the following year, January 2021 to April and this is the best opportunity for us to get something very good from the halving plan.
Hopefully this is the best choice for us to be able to love the cryptocurrency market because this market is very different from the others and can change the price overnight from 10 to 1000 .

the process of increasing bitcoin getting renewable ATH always starts from the halving, but the effect if we look at the first and second halvings is after a year later and always at the end of the year, so the 2020 halving will increase at of this year, and it could be November or December based on halving. experience the past it is certain that by the end of this year bitcoin will reach renewable ATH and will probably be significant.
we just wait and if you want to enjoy the upgrade there is still time to hold on.