What happened before and after previous bitcoin halvings

ICUdoLob

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like bch and bsv, btc goes down after halving then it skyrockets in the coming months! :)
 

KamBhai

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Bitcoin or any crypto don't need any reasons to go up or down.
They just do without any reasons or explanation :p
 

TheRumBaron

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down , then months later, fast growth upward
Agree with this, I invested a few weeks ago and my plan is to dump everything shortly after halving, when it (if) drops Ill buy back and hopefully ride the wave up...My assumptions;

1) The dip shortly happens after halving when loads of people jumping on the band wagon for the halving event drops their BTC because on the stroke of the halving moment they did not see a massive price rise from $10k to $Gazillion.
2) The rebound takes place as the effect of halving is felt throughout the mining community, supply goes down (apply basic economics) price goes up.
3) Couple the above with the fact we are approaching serious economic turmoil conditions as the impact of COVID is felt. Investor's now looking for alternative safehavens to diversify with Gold, as Oil & Gas has also been badly hit.

I have done extremely well on crypto hype in the past, as you will see on this forum where I posted about etherum shortly before it popped! But its still a massive gamble, like going down to your local bookies and placing a bet on the football! or Horses! Always expect to lose what you are depositing, and if that expected loss hurts, dont fucking do it :)
 

jasonforrest

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He's gotta be kidding lol. Everyone (and their mother) knows BcashSV (BSV) is a scam. Even Bcash (BCH) is centralzed garbage.
 

BHTC

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That;s nut. only bitcoin is the real thing.
 

IGWizzard

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found this great article on the upcoming btc block reward halving: https://chainbulletin.com/heres-what-happened-before-after-the-first-2-bitcoin-halving-events/

price surge be possible afterwards

good info! I believe the price of BTC will go up (on high scale and for long term), but for short term is very possible it will go down, as previous halving confirm and taking into consideration the actual economic crises caused by the pandemic.
Long term, BTC becomes stronger in relationship with FIAT and stock market as it has been proven these days that stock investments aren't safer than BTC.
Last, but not least, every year passes there are fewer BTC on the market, so that might be another indicator for price going up.
 

TheCryptoWhale

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Around 8 - 10 months after the halving before anything crazy upwards bull run happened if you look at the history of previous post-halvings.
 

SellingStealth

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however, the last times it halved, it brought of attention to brand new investors who have never heard about it before. by now, most people have heard about it so halving may not have the same effect

however, i still believe the price will go up to above the new mining price, which i've seen estimated 12-15K
 

IGWizzard

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it's interesting how it sticks to 9600-9800 max this period. It's only because of the pandemic or it needs some support to pass the 10k?
I think it will reach 15 K this year, sooner than some expect it.
 
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