James Jack
Junior Member
- Sep 20, 2016
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I got 50% btc, 20% xrp, 15% eth and 15% bch. And i'm thinking to throw 2-300$ on top 5 coins under 0.10$, who know, maybe we get lucky.
Help with Crypto guys
- Thread starter iBeyond
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Leader777
Banned - Shitlisted and did not do the right thing
- Feb 2, 2017
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Why u think that halving will increase the price of bitcoin ? isnt it when there is halving the price drop?that's what i did, i bought it around 5500$ and look at it nowand personally think that after the halving will go over 10k
James Jack
Junior Member
- Sep 20, 2016
- 100
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if you look at the other two halvings in the past you will see that didn't happen, second , and it's my personal opinion it drops the number of btc that miners drop into the market, so by basic market rules, what ever is limited the demand increases, but that's just my 2 cents.
Leader777
Banned - Shitlisted and did not do the right thing
- Feb 2, 2017
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I see ! the reason i asked u because i don't have a lot of knowldge on crypto so i hear some people say it should drop when it halve but i guess they are wrong.
D
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Halving is an event every 4 years where the reward paid out to Bitcoin miners for solving a block is cut in half.
Originally you got 50BTC for solving a block, then 25BTC, now 12.5BTC, and after this halving 6.25BTC.
When supply is halved while demand remains the same or increases, the price goes up and because supply is cut so dramatically during a halving, it has a strong effect on price.
Last two halvings were 2013 and 2017..
The bull run in 2013 doesn't look like much.. but there were actually 2 separate bull runs - one early in the year and one late in the year you can see on the chart.
If you bought in just a few months before the 2013 halving and then sold at the peak shown at the end of the year, the ROI was up to ~80x for less than a 10 month investment.
Also this is pretty interesting if you haven't seen this before - this is what the 2013 bull run looks like when zoomed in:
Pretty much identical to what the chart looks like now after the 2017 bull run, except on a larger scale.
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LoungeMedia
Junior Member
- Apr 25, 2020
- 142
- 40
that's what i did, i bought it around 5500$ and look at it now
good for you man, I couldn't find it in time to buy.
James Jack
Junior Member
- Sep 20, 2016
- 100
- 44
we dont know yet who's right and who's wrong, market will tell. there's no exact science behind this, only probabilities and beliefs, and those are mine.
Elvlin
Elite Member
- Nov 4, 2018
- 5,068
- 2,550
Well btc just break $9k. Pretty sure it will break 10k after halving. Well if current bull run reach more than 12x multliprier. Than it will keep rising, people stay at home hearing 1 btc =more than $100k. How many will try to get in the market. Well let's just see..
Hey there. I have other option to exchange crypto maybe it will serve you. I use Blackcatcard, that's like a usual euro card only with a hot crypto wallet linked to it. So I just exchange crypto to money/visa versa and then withdraw it or pay online. Exchange rates you can find in the mobile app as they’re changing online. Hope this helps
Fragmaster
Senior Member
- Apr 3, 2016
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