Quote from: gokumarket on April 27, 2020, 04:20:55 AM

It was presumed that with this halving Bitcoin price will go up, but due to the ongoing pandemic of Coronavirus situation is changing drastically, therefore, now on the basis of these scenarios it will be interesting to see that, what this Bitcoin halving bring? Does the Bitcoin price go up or down?

How come you conclude already that bitcoin price changes its path due to the Covid-19? In the last halving, it takes time before bitcoin manages to get some fuel before pushing up but still ended to where it is now.

Surely, most people really have a mindset that the exact meaning of halving is moon price. It should be changed.

Quote from: Japinat on Today at 07:46:56 AM

It's suppose to result to an increase of price, but it seems like the corona virus in a bad timing, bitcoin could have been trading over $10,000 now if there was no pandemic, but then we can't undo what has happen already, and despite of that, the market is quite bullish now, so I'll say halving something did a magic for crypto not to dump again.

I tend to disagree. Bitcoin has difficulty climbing even at $8,000-$9,000 before Covid-19 freezes the economic activities of the majority of the countries in the world. Meaning, with this pandemic virus, which happened or not, we might still see today the same current price.

Just trust the process.

If the pandemic virus really has a strong negative impact on bitcoin, the price should be playing at $2,000 to $3,000 now with no signs of green light. Totally different from what is currently happening.