Bitcoin 2020 Halving: What are the chances this starts the next bull run?

[Anonymous No.12717600]

[Anonymous No.12717629]

>>12717600
very high

[Anonymous No.12717669]

>>12717629
ok. should i take out 300k mortgage

[Anonymous No.12717672]

Look at the effect of ltc halving

[Anonymous No.12717683]

>>12717669
No. But it might be worth throwing 1x your monthly income in it. Split equally between btc eth and xmr

[Anonymous No.12717783]

>>12717672
thanks anon. very interesting. just took out 300k

[Anonymous No.12718269]

What and how does having work serious question

[Anonymous No.12718288]

until they increase the blocksize, no one will want to use it. lightning network is a shitty solution.

[Anonymous No.12718293]

>>12717600
Everyone else expects a pump, so it will dump.

[Anonymous No.12718304]

>>12718269
>FIRE SALE

[Anonymous No.12718786]

>>12717600
so no on is answering my >>12718269

so im guessing halving means there will be a total of 42 million buttcoins after next halving ?

[Anonymous No.12718818]

>>12718786
That's right every halving the amount will double. Eventually there will be a near infinite amount of bitcoins, it's what coiners call "the singularity"

[Anonymous No.12718860]

>>12718818
your tone reeks of sarcasm

[Anonymous No.12719393]

>>12718860
coz ur dumb

21 mil is total supply

amount minted per block gets halfed

btc and eth will moon 2019

[Anonymous No.12719406]

>>12717600

95% but it will take a few months

[Anonymous No.12719461]

>>12719393
well faggot, someone could have just answered my simple question without being a fucking faggot about it too

[Anonymous No.12719464]

>>12718860
>>12719393
and the best part is, by the end of reward era 7 (around 2032), the bitcoin mined from that point forward will be less than 1% of all bitcoin that will ever be in existence.

https://en.bitcoin.it/wiki/Controlled_supply

[Anonymous No.12719489]

>>12719461
> what is google

[Anonymous No.12719552]

>>12719464
thought all coins are predicted to be mined in 3 or 4 years?

only like 3m left i guess ?

[Anonymous No.12719555]

>>12719552
yeah only about 3.4 million left (https://www.bitcoinblockhalf.com/)) but they definitely won't be mined in 3 to 4 years, whoever told you that is a retard

[Anonymous No.12719576]

>>12719555
so is ti going to go up or down im sick of working

[Anonymous No.12719591]

>>12719576
Down, futures killed it
Look what futures did to gold, uranium etc.
Its unironically ogre

[Anonymous No.12719627]

>>12719591
Nice fud, just bought 100k

[Anonymous No.12719668]

>>12717600
None. The halving artificially inflates the price every time but before 2017/2018 no normies bought in, thus the ATH was created by normie greed and it created a bubble. There will be a slight bullish trend but BTC won't ever reach 10k again.

No real world adoption has taken place, no real store of wealth was created. If anything it cemented the idea of Bitcoin as a failed project in the eyes of normies. BAKKT and other financial institutions keep delaying to see if Bitcoin will ever be anything worth while.

Trades are executed by large firms that know the outcome before hand and Bitcoin is too much of a rogue commodity. Something else more manipulable will be picked as the crypto of choice.

No US or EU based financial sector or government will pick up something that is largely owned by China and mined(controlled) by other BRICS.

Smart contracts will cause the next bubble of normie greed.

[Anonymous No.12719701]

>>12717600
BTC is NOT bitcoin. It is a shitty fork and will go to zero! I will only post this once

[Anonymous No.12719714]

>>12719576
you need to wait until 2023, sorry

but if you work hard and double or triple your stacks, you can cash out some in 2022 on the massive up slope and retire early

[Anonymous No.12719921]

>>12719714
3-4 years! fuck you

[Anonymous [O1G] No.12720035]

>>12719701
>BTC is NOT bitcoin
it's the only bitcoin nigga

[Anonymous No.12720101]

>>12719921
it's true tho, and you'd better accept it. if you think it's in 1 or 2 years, know what will happen?

you'll get pissed, sell everything, leave /biz/ for years and completely miss the moons

[Anonymous No.12720128]

>>12719668
>The halving artificially inflates the price every time but before 2017/2018 no normies bought in, thus the ATH was created by normie greed and it created a bubble. There will be a slight bullish trend but BTC won't ever reach 10k again.
>No real world adoption has taken place, no real store of wealth was created. If anything it cemented the idea of Bitcoin as a failed project in the eyes of normies.

This exact same argument was made in 2014 after Mt Gox. Exact same argument.

[Anonymous No.12720135]

>>12719921
It's really not that long of a time to wait, kiddo.

[Anonymous No.12720142]

>>12720128
The exact same normie bubble formed in 2014. exact same.

[Anonymous [O1G] No.12720150]

>>12720128
people will say the latest ath was the last again and again and again no matter how many times they are proven wrong.

[Anonymous [O1G] No.12720157]

>>12720142
dude we are at 0.053% adoption there will be few more normie rushes.

[Anonymous No.12720160]

>>12720150
Do you even know why the 2017/2018 ATH formed?

[Anonymous No.12720161]

>>12717600
Fair chance, Just get in around 4-6 months before the actual halvening. If it's anything like last times people will anticipate the halvening and the bullrun will have already started when the actual halvening occurs.

[Anonymous No.12720167]

>>12720157
>Africans in Africa bought bitcoin during the normie rush of 2017
>People just need to adopt more

You are kidding yourself.

[Anonymous No.12720173]

>>12718860
Are you fucking Mongolian or wat

[Anonymous No.12720191]

priced in

[Anonymous No.12720200]

>>12717600
zero. anyone who disagrees is a fuckwit

[Anonymous No.12720215]

>>12717600
I can't believe not a single person in this thread correctly summarized the effects of block reward halving correctly..

OP: 100%, if you don't know why, you probably don't understand enough and need to do more research.

[Anonymous No.12720250]

>>12720167
Because buying for speculation isn't really adoption, is it? You can be the biggest crypto skeptic but still trade coins.

[Anonymous No.12720256]

>>12717600
95%

[Anonymous No.12720278]

The amount of completely fucking retarded posts ITT is staggering. It's like every one of the remaining 25 posters here decided to pretend to be retarded in a single thread

[Anonymous No.12720291]

>>12720250
>Vendors popping up everywhere
>BITCOIN ACCEPTED HERE
>...
>Fuck you and your bitcoins pay me in USD or ZAR

[Anonymous No.12720320]

>>12720291
I agree it doesn't look good right now. But adoption is objectively when people start paying for their burgers and pickups in crypto.

[Anonymous No.12720330]

>>12720320
>in crypto.

Key word. See how its not BTC

[Anonymous No.12720630]

>>12720167
only kenyans did, they're smart money

[Anonymous No.12720656]

>>12718293
Every else expects reverse psychology, so it will pump.

[Anonymous No.12720676]

>>12720656
Overthinking

[Anonymous No.12720722]

>>12719668
In the eyes of normies internet was to sell drugs, scam people and distribute CP and malware. Now we have normienet. Normie perception and opiniones means shit

[Anonymous No.12720745]

>>12719668
>None. The halving artificially inflates the price every time but before 2017/2018 no normies bought in, thus the ATH was created by normie greed and it created a bubble. There will be a slight bullish trend but BTC won't ever reach 10k again.
>No real world adoption has taken place, no real store of wealth was created. If anything it cemented the idea of Bitcoin as a failed project in the eyes of normies. BAKKT and other financial institutions keep delaying to see if Bitcoin will ever be anything worth while.
>Trades are executed by large firms that know the outcome before hand and Bitcoin is too much of a rogue commodity. Something else more manipulable will be picked as the crypto of choice.
>No US or EU based financial sector or government will pick up something that is largely owned by China and mined(controlled) by other BRICS.

this guy fucking gets it

[Anonymous No.12720768]

>>12717600
It will start the bullrun but bull runs start slow. Dont expect it to be at ath overnight. It will add a daily reduced selling pressure though that slowly adds value to btc.

[Anonymous No.12720779]

>>12719668
threw in the LINK shill right at the end, nice

[Anonymous No.12720834]

I think it will trigger another bull run. Mining is expensive work and I would estimate at least half of the coins mined need to be sold to pay for expenses. Every day, miners dump a bunch of coins onto the market, and those coins are bought up. After the halvening, the number of coins dumped will be greatly reduced, but the number of buyers should remain, at worst, unaffected. I think a feedback loop will occur, where people buy more due to halvening-FOMO, which will propel us into another bubble that will make the last one look like the one before that.

[The average wage cucker No.12720849]

Bitcoin is dead. Go in with XRP and LINK, they will give you some nice gains.

[Anonymous No.12720873]

>>12720849
this guy gets it. u can hate on xrp all u want but it looks like it will dominate the cryptos

[Anonymous No.12720892]

>>12720849
>>12720873
Quit LARPIING

[Anonymous No.12720954]

>>12720892
you aren’t deep in the rabbit hole yet. xrp is tied to the imf, federal reserve, sbi. if you don’t sense where this is heading to then i’m sorry for you.

[Anonymous No.12720993]

>>12717683
1% XMR
2% ETH
3% BTC
4% BCH
90% BSV

[Anonymous No.12721299]

>>12717629
This first post happens to be the best one

[Anonymous No.12721547]

>>12717600
Nothing will happen.
Too many idiots are expecting a pump.

[Anonymous No.12721741]

>>12720993
what a shit portfolio for such a nice ass

[Anonymous No.12722436]

Nobody cares. Bitcoin is on a slow death. Halvining or not it just simply won’t matter. If you want any chance at making it, sell now and see how the market looks in 2020.

[Anonymous No.12722451]

>>12720676
Everyone thinks it's overthinking, so it will pump.

[Anonymous No.12722503]

>>12718860
Fucking idiot

[Anonymous No.12722538]

Priced in kek.

[Anonymous No.12722602]

>>12719591
except bitcoin didn't have his x1000 etf pump yet

[Anonymous No.12722620]

>>12719668
You missed the part where China will be the #1 superpower by 2030.

[Anonymous No.12722629]

>>12720722
The real question here is why is people concerned with normies when normies have no money. Low IQ fucktards.

[Anonymous [O1G] No.12722736]

>>12720167
still only like 4-5 million people has ever held bitcoin. out of 9 billion. seeing how bitcoin for a long time was the gateway to alts this speaks volumes for the size of crpytosphere.

[Anonymous No.12722942]

>>12719668

hey retard, if we keep buying the price will keep increasing and normies will inevitably fomo back in, why is this so hard to get???????

[Anonymous No.12722978]

all you guys fudding and running scared by this price level should leave because you don't understand what we are dealing with here.

i'm spending every penny i have loading up on BTC and nothing more

[Anonymous [O1G] No.12723087]

>>12722978
good for you, altho i honestly think tone vays is onto something with the sub $2k call, the market just feels off, so load slowly and carefully!

[Anonymous No.12723189]

>>12719714
Why 2023 specifically?

[Anonymous No.12723952]

>>12723189
He’s a dumb shit talking out of his ass don’t mind him

[Anonymous No.12724010]

>still nobody has posted the halvening bull cycle chart
anon i am disappoint

[Anonymous No.12724028]

>>12722602
>1000x
>Everyone who bought the top in 2017 only gets 300%
lmao

[Anonymous No.12724056]

cant wait for buy bitcoin for half price ready to load up

[Anonymous No.12724257]

>>12719576
>>12723189
the next bull run will probably cap out in 2021 to 2022.

2018 was a year of crash, 2019 will be a year of sideways and 2020 will be return to ath and 2021 will be new peak of bullrun.

The exact dates will vary a bit as the last bullrun carried over from btc in 2017 to alts in 2018 so exact dates arent set in stone but thats how the cycle goes.

[Anonymous No.12724571]

>>12718293
Except there is more than just psychology to the halving. It lowers the supply flow.