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Author Topic: Why bitcoin halving 2020 is not successful?  (Read 14830 times)

Offline jonathancool220

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Re: Why bitcoin halving 2020 is not successful?
« Reply #60 on: July 26, 2021, 06:08:07 AM »
Process !
It takes a Bitcoin process to get through difficult times like this because I'm also sure that Btcoin is like a time bomb that will explode in the future and the price will get higher because everyone is holding.
I also don't think that much for the success of the halving because the increase in the price of Bitcoin is enough for us to get a little profit from 1 Bitcoin.

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Re: Why bitcoin halving 2020 is not successful?
« Reply #60 on: July 26, 2021, 06:08:07 AM »

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Re: Why bitcoin halving 2020 is not successful?
« Reply #61 on: July 26, 2021, 07:50:18 AM »
Process !
It takes a Bitcoin process to get through difficult times like this because I'm also sure that Btcoin is like a time bomb that will explode in the future and the price will get higher because everyone is holding.
I also don't think that much for the success of the halving because the increase in the price of Bitcoin is enough for us to get a little profit from 1 Bitcoin.
it is clear that all need processes and one of them is the process of the halving effect and that we cannot avoid and the reality that has happened so far. it's been proven that the first and second halvings make bitcoin increase a year later and reach its ATH, what not impossible the 2020 halving will happen again at the end of this year!!!. hopefully all hope that what has happened can happen again and it's not impossible.

some have been happy to get an increase in bitcoin before it was corrected a few months ago but maybe some missed it because they felt that the desired price had not been reached so they didn't get what they wanted, hopefully the halving effect can meet what is expected. all obviously have a lot of differences in addressing this and that's only natural, the important thing is that bitcoin will increase in the future.
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Offline P2P

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Re: Why bitcoin halving 2020 is not successful?
« Reply #62 on: July 30, 2021, 05:12:21 AM »
Bitcoin is not half as successful in 2020. I can't say much about this but what I think is that the price of Bitcoin increased massively in late 2020 but Bitcoin income was much lower in early 2020. So that's what I wanted to say. I think Bitcoin is half successful in 2020.

Offline Sadin

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Re: Why bitcoin halving 2020 is not successful?
« Reply #63 on: July 30, 2021, 11:39:07 AM »
I, the new member of this forum, will apologize if I have made any nonsensical remarks. The fact that Bitcoin is not half successful by 2020 implies that by 2020 some people have seen the price of Bitcoin drop dramatically. At that time, Bitcoin was not called successful.

Offline Anonylz

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Re: Why bitcoin halving 2020 is not successful?
« Reply #64 on: July 30, 2021, 04:30:58 PM »
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.
When you look at this Bitcoin Rainbow Chart

from Blockchaincenter we would realize that after the first two Halving that happened as already mentioned, Bitcoins price didn't really rally upward immediately as was the third Halving. I understand people would think that as soon as the halving thing happens, the price should immediately change, as in go up but all that is still dependant on the market forces. We cannot also deny that when the time was right, we saw a big uptrend for Bitcoin and other cryptocurrencies in 2021 and might still see the second round of uptrend gain to a new ATH. 



Offline Senin

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Re: Why bitcoin halving 2020 is not successful?
« Reply #65 on: December 05, 2021, 10:18:49 AM »
Now hardly anyone can say that last year's halving was not crowned with success after bitcoin recently reached a price of almost 70,000 dollars, and even last year after the halving, we discussed whether it could rise again in price to 20,000 and above. So far, there is really a tendency that after this event in a year and a half bitcoin is growing very sharply in price. I do not know how many more four-year cycles this will continue, because it cannot grow in price infinitely at such a rate. But for now, it works.


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Re: Why bitcoin halving 2020 is not successful?
« Reply #66 on: December 07, 2021, 10:10:54 AM »


Offline Fenix

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Re: Why bitcoin halving 2020 is not successful?
« Reply #67 on: December 17, 2021, 02:44:46 PM »
Maybe pandemic COVID 19 teh reason why bitcoin halving didn't successful in 2020. But Bitcoin has good progress in 2021.
Bitcoin touch new ATH.
Current bitcoin is struggling now, But bitcoin will reach 70K USD soon.
Halving was in May 2020. Then the price of bitcoin was about $ 10,000. Typically, the price effect of this event occurs in a year or even a year and a half. However, in December 2020, Bitcoin reached its previous price record of $ 20,000, and this year it has climbed to almost $ 70,000. It can hardly be said that the latest Bitcoin halving was not successful. This success is evident.

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Offline zorchy

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Re: Why bitcoin halving 2020 is not successful?
« Reply #68 on: December 17, 2021, 04:13:45 PM »
My guess is that speculative methods have very much dominated the coin in recent months.
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Offline KaliLinux

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Re: Why bitcoin halving 2020 is not successful?
« Reply #69 on: December 18, 2021, 11:03:17 AM »
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.


I believe that there is still some time before the next halving for bitcoin to rally towards the Maximum Bubble territory like in after the past Halving as we see in the chart above. I have also read in the post below that 2020 halving isn't successful because of COVID, like I said, 2020 halving is still in progress, and not until we get to the next halving, we cant conclude on that and besides during the 2016 Halving, Bitcoins price was around $647+ and hit an ATH of about $19k+ and this last Halving see Bitcoins price @ $9k+ and from there, Bitcoin has risen to an ATH so far of $69K+ and we still have little above 2 more years to go.




Offline Bliznec

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Re: Why bitcoin halving 2020 is not successful?
« Reply #70 on: December 20, 2021, 06:54:41 AM »
COVID-19 has played a role. People were afraid to lose not only health, but also money. I believe that the pandemic has played a negative role. It's good that the pandemic is waning. COVID-19 has had half the impact on Bitcoin due to its impact. Thus, the MTC rate falls. Perhaps, after the pandemic is over, bitcoin will come in the same position.   

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Re: Why bitcoin halving 2020 is not successful?
« Reply #71 on: December 29, 2021, 03:31:23 PM »
COVID-19 has played a role. People were afraid to lose not only health, but also money. I believe that the pandemic has played a negative role. It's good that the pandemic is waning. COVID-19 has had half the impact on Bitcoin due to its impact. Thus, the MTC rate falls. Perhaps, after the pandemic is over, bitcoin will come in the same position.

Make sense, If you have opinion why bitcoin halving 2020 is not successful, because of pandemic COVID 19.
I see many people keep their  money and fear to invest.

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Re: Why bitcoin halving 2020 is not successful?
« Reply #72 on: December 29, 2021, 05:25:28 PM »
Maybe it's not time to panic yet, everything should happen the other way around and the price of bitcoin should rise soon. It can be seen that the market is starting to sink, but I don't think it will start to fall further and it's probably too early.
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Re: Why bitcoin halving 2020 is not successful?
« Reply #73 on: December 29, 2021, 06:14:44 PM »
there is a pandemic that is spreading and many events have been postponed so that the bitcoin halving in 2020 is a bit constrained but I'm sure it won't reduce anything and as much as possible the halving will be held next year, so hopefully this can provide good news for bitcoin and give some fresh air for bitcoin holders, traders and investors.

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Re: Why bitcoin halving 2020 is not successful?
« Reply #74 on: December 29, 2021, 07:57:01 PM »
I don't think it has failed. There have been serious increases in price. Now it looks like it's waiting to determine the direction. Maybe there will be a good bitcoin rise very soon. I believe that for the next halving, it will rise above $100k in price.

 

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