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Interesting fact about halving

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Seems correct to me and a 11x rise can happen as Bitcoin is in this course right now. Price is unstoppable and we see daily green candles that only point to a higher price and better targets for Bitcoin. We can make $20,000 next month or sooner and mark the beginning of a new era for Bitcoin.

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The impact of the halving of Bitcoin was positive on the price of Bitcoin, and indeed its price increased from $ 9,000 to $ 15,000, and perhaps at the end of this year, the price of Bitcoin may exceed $ 20,000, as many experts expect in the field of crypto.

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On 11/5/2020 at 1:34 PM, saraanna396 said:

The halving event that occurred several months ago helped the bitcoin price recover, and rise again, after the price fell to less than 5k USD during the first months of the year, the price returned to recovery after the halving occurred, and rose again.

It is not halving that caused the price to increase, it is people that are buying bitcoin, maybe these people because of halving can but bitcoin, but it is reflected in the bitcoin market cap that buying is responsible to the price increase. 

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On 5/1/2020 at 8:33 PM, BitcryptoHan said:

I hope all of us know what bitcoin halving is. Can bitcoin increase in this time of 2020, May halving? I will say yes but will not be like in previous time. 

I

n 2012 to 2013 bitcoin increase from $11 to almost $1100. That is 100x gain. But later it declines to a price slightly below $700. 

In 2016 to 2017, the price of bitcoin increase from $700 to $19,600. That is 30x or more increased. 

 

On 2012 to 2013, the price increase was 100x while the increase was 30x in 2016 to 2017. So this time, the price will increase but may be less than 11x because there may be a constant factor unknown yet that will not let it increase 11x which suppose to be. 

 

Here are some examples of Bitcoin halving prices.  Bitcoin is halving after four years  And after Bitcoin was halved, its price went up a lot.  However, no one can say exactly what the price will be after halving.  However, it was very good to get the previous price increase  But I hope it will get better after halving this time.

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13 hours ago, Cleaner said:

Here are some examples of Bitcoin halving prices.  Bitcoin is halving after four years  And after Bitcoin was halved, its price went up a lot.  However, no one can say exactly what the price will be after halving.  However, it was very good to get the previous price increase  But I hope it will get better after halving this time.

@Cleaner in this year bitcoin halving after bitcoin take some time to pump because of corona crisis, but bitcoin maintain the price pump record,

because now bitcoin price 19,400$ dollars just little away from his previous price 20k$ dollars, may be in up coming weeks bitcoin Cross his highest price and maybe pump more,

but anyhow bitcoin investors earns bag full of  profit because 7 months back bitcoin price 4k$ and now 19k$ dollars, that means how much profit they earn,

this is the power of bitcoin what you think?.

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In fact, many members do not know about halving bitcoin, so I will briefly say Halving is to cut the Bitcoin mining rewards in half, meaning the reward for one Bitcoin block was equivalent to 12.5 BTC after halving became 6.25 BTC.
As for the price now, the price of Bitcoin is 19,500$, while it was before Halving 6,000$, which means that Bitcoin rose by 3.25x but we do not know if it will continue to rise or not, but it is difficult for the price to rise to  11x.

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1 hour ago, Honny143 said:

 

this is the power of bitcoin what you think?.

@Honny143...Bitcoin is pumping so much day by day that it is unimaginable.  Cryptocurrency is a kind of magic.  Those who have invested and traded with cryptocurrencies to this day can never be poor.  The crypto world has greatly benefited all users.  But we have to acquire all the knowledge in the crypto world so that we can benefit better  And hey bitcoin is a force.  Because its price has pumped very well in the last few years.  And those who have invested with Bitcoin in the past few months have benefited a lot today.  So I think Bitcoin is a kind of power for users in the crypto world.

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38 minutes ago, Cleaner said:

@Honny143...Bitcoin is pumping so much day by day that it is unimaginable.  Cryptocurrency is a kind of magic.  Those who have invested and traded with cryptocurrencies to this day can never be poor.  The crypto world has greatly benefited all users.  But we have to acquire all the knowledge in the crypto world so that we can benefit better  And hey bitcoin is a force.  Because its price has pumped very well in the last few years.  And those who have invested with Bitcoin in the past few months have benefited a lot today.  So I think Bitcoin is a kind of power for users in the crypto world.

Yes @Cleaner  during corona crisis who believes in bitcoin and buy at 4k$ price, now he earns 4x profit this amount much more in 7 months we are the witness to see this miracle,

there is on other market gives like this type of profit one and only crypto market do this, but we need to buy coins in right time and as like you mention no one poor in crypto when they do perfect trading and investment its true.


 

   

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35 minutes ago, Honny143 said:

there is on other market gives like this type of profit one and only crypto market do this, but we need to buy coins in right time and as like you mention no one poor in crypto when they do perfect trading and investment its true.

Of course we have to buy the right coins in the crypto world.  Because if you buy the right coins, you will not be able to make a profit.  There are many counterfeit coins in the crypto world so you have to choose the real coins.  We can benefit by investing with Bitcoin.  However, there are many more coins besides bitcoin such as litecoin ethereum xrp

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I think that the market prediction in crypto currencies is somehow complicated because sometimes not that kind moving the way you want in the crypto currencies market

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halving is a phenomenon that happens when the returns of the miners are divided in half, for example the halving event that occurred several months ago helped the Bitcoin price rise again

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What I noticed about bitcoin halving, especially this year, bitcoin started to increase until it was about $35000 now. According to what I read online, it has happened like that also in the time paste. Halving is very important because bitcoin always increase in price immediately after halving. 

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On 5/1/2020 at 5:33 PM, BitcryptoHan said:

So this time, the price will increase but may be less than 11x because there may be a constant factor unknown yet that will not let it increase 11x which suppose to be. 

 

If this is to be validated then we are at the top, or close to it. Bitcoin is up from $3800 almost 10x so it should be reaching perhaps $40,000 or a little higher to make it to 11x. It could be 12x though or just 9x as we have now. But there are others thinking that price will rise more.

Price of Bitcoin in the beginning of 2016 was around $300 at a minimum. 

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The halving is in effect and price is rising, we should hope for more increase as there is no difference this time, it is moving as programmed, Bitcoin keeps rising and I think that 10x from the starting point of $10,000 at the time of the halving will happen, and this means $100,000 for Bitcoin.

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that means the helving of Bitcoin or cryptocurrency is what made the profits on mining or at half and the price on the meanwhile doubles or even more than that

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The halving has been a driver for the price of BTC throughout its history, that reduction causes scarcity and makes BTC a deflationary asset, but the last one occurred last year plus the income of financial institutions has caused a large rise that broke the historic ATH and this bullrun is just beginning.

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Halving has great impact on the price of Bitcoin, as we know the supply is reduced to half after the halving and it's because of the block rewards is decreased by 50% after the halving. I don't think or tend to find out the constant factor for price increase but the demand for Blockchain based product is increasing and according to the btc code, supply is getting reduced which makes the inflation coming doesn't affecting the price unlike the fiat and other assest whose supply is unlimited.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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Bitcoin's price already did a 10x and perhaps it was 11x just between a few months, less than a year. It seems there is some concerns lately because of some rumours coming from Europe and the new ministry of finance in america but I still think this bull run isn't over yet. The following weeks will be very important to determine the movement and I think that at least $30,000 will not break to the downside.

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The fact that the Bitcoin halving is driving the price up is correct. But Bitcoin's price increase in one halving will differ depending on the crypto market sentiment. 2016 was the year of the most organized halving ever, although the 2020 halving was enough to drive the Bitcoin price higher, it was not 10 times the price before the halving occurred. So we are still waiting for an increase of more than 10 times.

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Can we say that the price action ends at $40k during this halving? It could be if regulators take some decisions against cryptocurrencies and restrict them in exchanges, ask for mandatory KYC or proceed with banning them. However, Bitcoin can't be banned, but it can be outlawed in countries. This is a big reason we are not all in, you never know what can happen.

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We still have all this year to learn about that. It is looking great so far and we are in a bull run right now, although in a difficult spot where things may change, either for the better or for the worse. Being ready for anything is what will make us better traders and observers of the market.

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The feature of halving thats I know its causes the price of bitcoin to rise is that, when the halving happened, the bitcoin price must fall half of its price, so thats after falling half, there is many people will be interested on buying it so then its price will start rising massively. 

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On 23 May, the US Securities and Exchange Commission (SEC) approved 19b-4 applications from eight issuers of spot exchange-traded funds based on Ethereum. (According to JP Morgan experts, this was dictated not by a desire to support digital assets but by a political decision aimed at supporting Joe Biden ahead of the US presidential elections.) Whatever the true reason for this regulatory move, everyone is now interested in where Ethereum prices will go. The newborn ETH-ETFs can only start trading after the SEC approves the S-1 applications. According to Bloomberg analyst James Seyffart, this could take "weeks or months," although it is very likely to happen in mid-June. According to DeFiance Capital CEO Arthur Cheong, Ethereum's price could rise to $4,500 even before trading begins. CCData analysts believe that within 100 days of the launch of ETH-ETFs, the price could reach $5,000 per coin. This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
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