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Wilmer Garcia

Binance CEO gives his opinion on Bitcoin halving

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Well bro so many analysis and crypto experts gives statement so many times, bitcoin halving later prices increase now binance CEO CZ also agree this statement, and he also believes bitcoin prices increase rapidly so invest in bitcoin and earn profit in future.


 

   

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On 4/2/2020 at 2:27 AM, omaralirajbd said:

Dear friend you share a good news for cryptocurrency. I think binance CEO say right. Bitcoin halving important event for trader because they reduce the number of new bitcoin being generated by network.

That's right and I know for sure most of us are waiting for that to happen because that's really a good opportunity that we shouldn't miss out this year. 


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This bitcoin halving that will soon take place in few days time will make the price to rise as there will be high demand and less supply,let's wait to see this.

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On 4/1/2020 at 9:38 PM, Wilmer Garcia said:

Changpeng Zhao, better known as CZ, gave his opinion on the upcoming halving to be lived on the Bitcoin network in the coming days.

With exactly 42 days to go before the next reduction of the bitcoin network block reward, CZ commented that the result we will see of this event will be a "pretty simple logic" when commenting that we will be facing a reduction in supply with a demand that is on the rise.
 

Then it is a  good news for us, what he had told us is a good news that bitcoin will increase demand in the next few months.

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Bitcoin is halving soon and its good news and certainly bitcoin price may  rise more ,  as halving date coming near btc is increasing percentage by percentage  and thats good news

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We all knows what can happened with bitcoin movement due to halving event. But any thing can happen btc because always manipulation made price into interesting zone and now we need to be active only nine days remaining to the halving events of bitcoin. And its price can dropped or pumps suddenly.

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Bitcoin is always a fluctuating currency because it is not a stable currency, but Binance's CEO is right about Bitcoin halving. binance always provides updated information but Bitcoin will rise again when it reaches its half position. It won't take long.

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What this person is saying is just expectations and predictions that we cannot rely on, and we all say that the price will rise after the half event ends and the dog will increase significantly and significantly in the cryptocurrency.

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I agree with him, the whole market depends on supply and demand, so if the supply decreases and the demand increases, the price will surely increase.

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The words of the CEO of binance apparently were correct and bitcoin actually saw a decrease in half and still the bitcoins were not affected by the split and for this must be done considering


 

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Well many people has really been preparing for the halving, many people has given their own speech concerning the halving, well we all know how the halving occurs and the effect, which is the supplies of bitcoin will reduce and the price is likely to increase.


 

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now that the halving happened, we are starting to see some minor bullish movements and trying to break the $10000 line again, i think this trend will continue even bigger in the next months


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To be honest, many developers of this kind, as well as investors, will have different opinions! I think that in General, the split of bitcoin will bring very good prospects, which will allow us to get an even higher amount in a couple of years! I think so...

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That's was pretty good and respected opinions of course, though during the halving was not able to cross the crucial resistance of $10'000 as so many predicted but after the halving today the value of BTC is above $10'000 and soon we expect BTC to Skye rocket to heaven

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There are many opinions from various well-known people in the world of crypto, but in general the future of Bitcoin is agreed upon. Away from what will happen on a daily, poetic, or annual basis for its price But one thing is that the totall supply of Bitcoin will not be reduced

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On 4/1/2020 at 2:38 PM, Wilmer Garcia said:

Changpeng Zhao, better known as CZ, gave his opinion on the upcoming halving to be lived on the Bitcoin network in the coming days.

With exactly 42 days to go before the next reduction of the bitcoin network block reward, CZ commented that the result we will see of this event will be a "pretty simple logic" when commenting that we will be facing a reduction in supply with a demand that is on the rise.
 

I agree with what CZ has said and there is a very high probability that Bitcoin will rise some time after halving. We have seen from history that bitcoin always rise after halving and this one would also turn out to be so. Although Bitcoin is still between the range of $10000 to $12000 I am certain that it will get to $20000 before the end of 2020.

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And CZ was right. Price moved higher and above 10k after the halving without ever breaking bellow for months. We can hope for more and wait or even invest more right now that the price is in big support levels and great for long term planning.

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CZ is always bullish, for me this did not mean we should buy but the halving is an indicator that helps traders make correct decision so far. Just noting here, don't miss the next halving for any reason four years later. Buy and invest everything you can afford.For this time we are looking maybe that we will drop but it is not very clear the next move, for months now we don't move a lot.

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The total supply of the new bitcoins has been reduced, however the pumping of bitcoins remained strong, so when the CEO of Binance spoke about the half because he knew that the demand for bitcoin would increase and thus the price of bitcoin would rise again and this is what happened and many claimed that the price will be twenty times.  This was exaggerated, but the most important thing is that the bitcoin price increased, in the three years the price of Bitcoin could increase more than five times

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On 01.04.2020 at 17:38, Wilmer Garcia said:

Changpeng Zhao, better known as CZ, gave his opinion on the upcoming halving to be lived on the Bitcoin network in the coming days.

With exactly 42 days to go before the next reduction of the bitcoin network block reward, CZ commented that the result we will see of this event will be a "pretty simple logic" when commenting that we will be facing a reduction in supply with a demand that is on the rise.
 

You need to carefully and with great care to listen to the words of such people, he is very well immersed in the essence of the entire cryptocurrency industry and knows it from different sides

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Thanks to halving, we are reducing our production, and not the cryptocurrency itself, so this should only be beneficial. Personally, now for exactly 4 months bitcoin has been actively keeping its pricing policy at 10 to $, before this was not the case, I think this is all thanks to halving

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Yes, I agree with him that the decrease in supply increases its value, but this is a condition that must be fulfilled, which is to maintain or increase the same percentage of demand, and in the recent period the demand for bitcoin has increased from many investment companies in the world, but in general I do not trust the offers Promotional and I make my decision to buy or sell according to my vision of the market chart.

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