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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on April 13, 2020, 03:27:30 PM

Title: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: sirty143 on April 13, 2020, 03:27:30 PM
(https://news.bitcoin.com/wp-content/uploads/2020/04/jjjhalving-760x512.jpg)

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published by Genesis Mining indicates that 50% of bitcoin miners expect to see BTC’s price... See more for yourself here (https://news.bitcoin.com/bitcoins-third-halving-survey-shows-50-of-miners-expect-a-price-increase/).

Your opinion is greatly appreciated.
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: fulled on April 13, 2020, 04:57:13 PM
Will bitcoin price go up again after halving? I think it will, but maybe a year or 2 after halving, world economic not in its best because covid-19, so impossible for price to rising up right after halving
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: mlawson71 on April 13, 2020, 05:15:54 PM
Usually it does, but who knows what will happen in the current situation.
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: Senin on April 13, 2020, 06:43:23 PM
The price of bitcoin after dividing in half will increase, the only question is when and how much. The article predicts that two years after this, the price of bitcoin may rise to one hundred thousand dollars. Personally, I do not really believe that the price of bitcoin can rise to such heights. However, many did not believe that he could rise to twenty thousand dollars, as it was at the end of 2017.
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: alltalk on April 13, 2020, 11:37:07 PM
Quote from: fulled on April 13, 2020, 04:57:13 PM
Will bitcoin price go up again after halving? I think it will, but maybe a year or 2 after halving, world economic not in its best because covid-19, so impossible for price to rising up right after halving
Rising up is surely possible but for rising up significantly is quite hard to happen. I agree with you, it should take more than a year to see the Bitcoin price rising up significantly. But if the Corona pandemic can be over soon, it is not impossible to see the high increase faster than our prediction.
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: fulled on April 14, 2020, 08:59:11 AM
Quote from: alltalk on April 13, 2020, 11:37:07 PM
Quote from: fulled on April 13, 2020, 04:57:13 PM
Will bitcoin price go up again after halving? I think it will, but maybe a year or 2 after halving, world economic not in its best because covid-19, so impossible for price to rising up right after halving
Rising up is surely possible but for rising up significantly is quite hard to happen. I agree with you, it should take more than a year to see the Bitcoin price rising up significantly. But if the Corona pandemic can be over soon, it is not impossible to see the high increase faster than our prediction.
Covid-19 is spreading so fast, and we still not have a 100% anti-virus for this virus type, so i think covid-19 will be cured not atleast till mid or end 2021, we dont know how this world's economy can struggle in this scenario
Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: Alcor on July 18, 2020, 05:05:01 PM
Of course, due to the halving, the price of bitcoin should rise significantly throughout the year. However, there has been no coronavirus pandemic in previous cases. This circumstance can affect both the direction of lowering the price of bitcoin and its increase. At the stage of the appearance of the coronavirus, bitcoin fell in price, now the measures taken to combat the spread of the coronavirus may cause a global economic crisis. Fleeing from inflation, people can invest their savings in cryptocurrency and therefore it should grow in value. How high in this case Bitcoin will grow, no one can know. It is unlikely that this will match the price charts.
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Title: Re: Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price Increase
Post by: ShadowCrypto on July 19, 2020, 04:46:15 AM
Things are almost the same, due to the pandemics the bitcoin price didn't increase, let's just be patience, after all these bad times we will certainly see a nice bull run.