Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: tervel on March 25, 2020, 07:43:12 AM
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The halving is grabbing so much attention mostly because many believe it will lead to a price increase. The truth is, no one knows what's going to happen.How does the halving influence bitcoin's price?
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We must to clam down and relax our mind becasue this time all the world are in crisis and so many peoples are died, and all the markets are crashed but i hope soon every thing is going to set down soon and the market will go up so much.
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The halving is grabbing so much attention mostly because many believe it will lead to a price increase. The truth is, no one knows what's going to happen.How does the halving influence bitcoin's price?
Even with the spread of coronavirus, the price of bitcoin should rise all the same due to the forthcoming reduction in May of remuneration to miners by half for each new block of bitcoin mined. Even though most states are only at the peak of the spread of coronavirus, bitcoin is still slowly rising in value. If this virus goes into decline and especially if the global economic crisis follows, then I think that for Bitcoin it will not be a problem to rise in price to $ 20,000.
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The halving is grabbing so much attention mostly because many believe it will lead to a price increase. The truth is, no one knows what's going to happen.How does the halving influence bitcoin's price?
Even with the spread of coronavirus, the price of bitcoin should rise all the same due to the forthcoming reduction in May of remuneration to miners by half for each new block of bitcoin mined. Even though most states are only at the peak of the spread of coronavirus, bitcoin is still slowly rising in value. If this virus goes into decline and especially if the global economic crisis follows, then I think that for Bitcoin it will not be a problem to rise in price to $ 20,000.
It means corona virus cannot damage bitcoin increase.?
However, the extension of lockdown can effect the household treasure to decrease because basic need is more important than anything. People now prioritize food stocks good for a week. So it is possible cryptocurrency is the second choice after food.
It is possible not to reach 20k if the pandemic cannot be stop.
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Maybe during halving there is a change in the price of bitcoin which many will soon buy to hold. After halving that will determine whether the value of bitcoin will hold above or plummet because the buyer takes profit
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Actually, according to the history of the previous halvings, the price will rise significantly after halving. But if we look at the current situation, the significant raise seems hard to happen. I guess there is a rise but not very significant. We can understand it because the world is facing an economic recession if virus outbreak lasting.
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People stated that halving can make the price of Bitcoin higher because of the number of Bitcoin to be mined limited. While in the normal day, it is not. But I don't really understand about it, and not really sure it can rise. I just follow the next condition to prepare selling my Bitcoins.
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Halving Bitcoin will come soon and cannot be postponed, this is a good situation for holders because they have hold coin for a long time, many expect bitcoin prices to rise, but it will definitely happen because we have seen halving bitcoin in the previous year and seeing the price of Bitcoin go up because there were a lot of requests at that time.
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Better to wait because at this time halving only makes people speculate there will be a price increase so that panic buying will occur later. I rather think halving this year has not had a significant effect on the price of bitcoin because the economy down
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In my opinion, halving rises the hype in crypto, then the demand in the market can be higher. This is actually what influences the price to increase. I am not sure that it is influenced by whales even there is a factor like that. But mostly the factor, I think it is about the "HYPE" in halving day.
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The halving is grabbing so much attention mostly because many believe it will lead to a price increase. The truth is, no one knows what's going to happen.How does the halving influence bitcoin's price?
I don’t want to call it halving. Because the price of btc does not change in halving, it is not later in halving. I'm right, we don't know what's going to happen in the future. However, experts give different opinions. Those are somewhat true. Again most are not true. This time halving was not good news for those of us who are investors. So I'm not happy for halving.
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Despite much anticipation, the effects of this halving will be limited to the medium and long term. It may take up to 12 months before investors reap the rewards of post-halving price movements.
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well it has an impact to tge market, although we dont know when but we believe
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The development of bitcoin is still attracting the attention of market participants. Moreover, the potential increase in the price of bitcoin is tempting to buy. The Halving Day cycle is a factor in the rise in bitcoin prices. But there are also a number of other factors that hoist the price of bitcoin.
Vincent Sitepu, an observer and investor of crypto assets, said that the condition of the crypto currency market, which is bitcoin, is still flat. He said, in the span of the last three months, the price of bitcoin moved in the range of US $ 3,200 to US $ 3,925 per BTC.
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The truth is, no one knows what's going to happen.How does the halving influence bitcoin's price?
Yeah, no one knows what will happen in the next few months after the halving. Actually, halving influences the Bitcoin price because there is a limited supply, but I saw it didn't bring big impacts currently. But yes, before halving there was a big demand in Bitcoin, so many people prepared to add more Bitcoin. but now, I see no impacts anymore.
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Bitcoin halving means that the block reward is halved and it makes the miners can get the reward smaller. In this case, it will lead the fees higher enough in order to make the miners still able to get worthy earning. And soon after halving, the supply of the block reward is smaller half, so it will lead the price of the BTC higher.
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Despite much anticipation, the effects of this halving will be limited to the medium and long term. It may take up to 12 months before investors reap the rewards of post-halving price movements.
Yes, the price effect of dividing bitcoin in half should be manifested in the medium and long term. However, in general, the cryptocurrency market may soon grow rapidly in price if inflation grows and the ordinary currency of countries depreciates. Then the demand for cryptocurrency can skyrocket as an anti-inflationary tool. Everything seems to be going towards this.
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I also assume that there is not too much Memeber Infact me also didn't know how halving work . Everybody have good hope that in 2020 halving price of Bitcoin increasd but there isn't too much effect we see on Bitcoin price .