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teminalibug

How would Bitcoin halving affect other coins?

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On 1/29/2020 at 8:10 AM, Gafar said:

When bitcoin declines, all other currencies will decrease. Bitcoin controls all currencies, and I think that when it declines, all currencies will decrease. This will happen to other currencies.

When halving occurs, the bitcoin price will rise and it will affect the altcoin price. See ether prices have started to rise. Answer wisely bro


 BTC: 3PmWotSGNLYiQtQgmRctqAAWVMtAayf282

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On 11/24/2019 at 8:51 AM, teminalibug said:

We all know that the bitcoin halving will affect bitcoin price positively, but what about other coins, especially that all will sell their coins to invest in bitcoin

 

Additional question, after the halving may 2020, when would the bull market init.

In 2016, the halving of bitcoin happened, but the significant rise in price did not take place until 2017, so I suspect that the rise in the price of bitcoin will be 2021 or 2022.

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La reducción del bitcoin afectara demasiado a las otra monedas a mi pensar, porque la gran mayoría de ellas cuando sube el bitcoin sube ellas, entonces si la que tiene el mayor precio se reduce a la mitad las afecta directamente a ellas.

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On 2/21/2020 at 9:20 PM, sophia34 said:

The majority of the coins in the market are going up following the bitcoin for going up in this way the results of halving would also have  an influence over other coins also

When bitcoin goes up other coins goes up because bitcoin is the main in the pair of most coins, in case of halving, people wont be trading, they will be holding.

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This is what I have observed and I also predict. Till the halving bitcoin will rise and rise with no significant effects on other coins, excluding eth and the top three or top five. After the halving, most would dump bitcoins, and will invest in altcoins, which will rise the prices of most altcoins, and probably increase the total market cap as well, but remember they are all trying to take profit, so after bitcoin dump, it will be altcoin dump. 

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Honestly I only see the other coins as trading opportunities to increase my Bitcoin and to manage to have 1BTC at some point. I don't expect the rest crypto besides a few exceptions, to ever dethrone Bitcoin. At least not the ones we have now. So with a new bullmarket we all think that Bitcoin can make a rally of 10x-20x. The altcoins have shown that they can't gain much dominance right now, so I'm guessing that Bitcoin dominance will fluctuate between 50%-75%. If we get adoption we will see the altcoins that advertise the most fly with rises of 50x-1000x depending on their currency price. This demands a repetition of the fomo circumstances we've noticed in 2017. We need to be ready to position in cases of possible Bitcoin fork events and possible altcoin rallies.

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On 11/24/2019 at 10:51 AM, teminalibug said:

We all know that the bitcoin halving will affect bitcoin price positively, but what about other coins, especially that all will sell their coins to invest in bitcoin

 

Additional question, after the halving may 2020, when would the bull market init.

Good question, some people will sell their alts for btc sure, depending the strenght of the community hodling price can hold against bitcoin or dive in bitcoin but keep the same value in usd.

 

To the other question, we kinda are in a bull market already as we have seen the bottom. Bullrun doesn't need to be parabolic to be one.

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Currently price of btc is on 8600$ and this price below 1800$ from total price of this month high goes to 10350$ and halving event can surged price from this level to 17000$ may be or may not. 

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After the event of Bitcoin halvening, I think the prices of Altcoins also starts to reach the peak because the market kind BTC would already have the highest prices due to the less supply of BTC in the market. You can expect the increased prices after halvening. 


 

 

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This type prediction is not easy because present bitcoin halving is coming, and no one imagin how much bitcoin prices increase but some experts belives bitcoin prices goes high, if bitcoin prices increase then altcoins also increase their prices, because so many times we see when bitcoin prices altcoin prices also pump up, means altcoin follows bitcoin.


 

   

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The fluctuations of bitcoin price after halving will affect other altcoins directly or indirectly, they will respond to the bitcoin movement

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I think that the prices of other coins will fall by 10-15%, and if the price of bitcoin starts to grow after halving, these coins will also grow with it and vice versa.

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4 hours ago, Rita_Italy said:

We all know that all the crytpo currency price change with bitcoin price changes. After BTC havling I believe that altcoins price will raise. Because BTC will overtake 10k

It would be better if it overtakes it's last ATH, that is $20k, i would not want nothing more.

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The things is, bitcoin halvings always affect the while Crypto coins as this period alwys bring in up very highs on Crypto coins which respond positively to the price movement of the bitcoin. That's why we hardly see any coin which was during the last halving, still having to exceed their past ATH

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If you notice that the movement of the prices of the digital currency market is repeated through the Bitcoin price frequencies and he walks with him in the current if he rises, the other rises, it seems that they depend on him for investments in other currencies and the price on their price as well.
So there is no doubt that it will have a positive effect on other currencies


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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7 hours ago, MeiLynh said:

From my observation, people are standing in front of their patience and they will immediately start pumping BTC. I will not take any more time. Bitcoin sets its price to USD and other currencies have to do so. Altcoin must determine its own future.

Altcoins don't determine their own future, bitcoin control them and they might be going higher as bitcoin bull run commence, the more imvestment the chance of bull run

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13 hours ago, Jamesnachoog said:

For me I think that there are many coins in the market that are relying on the value of bitcoin so that they will also increase in the Cryptocurrency marketplace

That is right, many coins relies on the bitcoin halving as well, when bitcoin goes bullish so would most of the coins.

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11 hours ago, GanDuba said:

All cryptocurrencies  rely on bitcoin for certain, they rise when bitcoin is rising but I do notice some coins are profitable during the bill run but very dangerous during bear time. 

So coins that rise in bigger multiples than bitcoin also falls too deep when the bitcoin is in the bear, a should i be worried, investing on litecoin now instead if bitcoin?

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I think that the half will affect all currencies and will lead to higher prices, and we will start noticing that the price started to rise a few weeks after the half

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I think that halving will affect other coins ambiguously, those coins that everyone has in large numbers I think will fall even lower than they are now. 

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7 hours ago, ComeBackIsrael said:

I think that halving will affect other coins ambiguously, those coins that everyone has in large numbers I think will fall even lower than they are now. 

They won't fall in value, those large coins you have that could be a boost of your profits, because whenever bitcoin rise, they all follows, so don't underestimate bitcoin

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I think that after halving all other coins will fall in price (if of course the price of bitcoin starts to grow up as in the previous two halving) 

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For me, I see that all cryptocurrencies are affected by the rise or fall of bitcoin, and this is what clearly appeared when bitcoin was affected by the Corona epidemic. All digital currencies were affected by it and declined significantly, and when bitcoin improved, the cryptocurrencies improved with it.

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If bitcoin halving will show a postive impact on its price and with the massive rise in the price the other crypto coins will also be affected but it depends upon the situation of such coins like some altcoins are now dominating the digital currencies so hope that some positive impact could be seen on those coin also.

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9 hours ago, Jamesnachoog said:

I will accept your opinion because many coins depends on the value of bitcoin and when bitcoin rise in price they will also increase in the Cryptocurrency marketplace

i never stopped wondered and today o gotta ask, how is that bitcoin price have effect on other coins?

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