Topic: 2024 Bitcoin Halving - What are Your Expectations!!! - page 4. (Read 3666 times)

Something like this was happening in the past, and will happen in the future. And we always were having skeptics. I read in the history of Bitcoin that when BTC hit $1 USD for the first time many people were saying that it would surely go down from there. "1 BTC can't cost more than 1 dollar! It's overpriced!", something like that. And we know what happened next.

negative opinion about bitcoin will certainly accompany its journey, and we must be prepared to face it. But we don't need to be afraid of negative news because it doesn't necessarily happen.

I also expect that towards the halving, bitcoin price will be higher than the last ATH price and maybe more than $200K like you said. When it comes to halving, I believe each new half will have a lesser fundamental impact on the value of bitcoin.

The 4th halving will have negligible impact on value, nobody cares about the 5th halving because: The first halving reduced inflation from 25% to 12%, the second halving from 9% to 4.5% and the third from 3.8% to 1.9%. So each subsequent halving has a weaker fundamental effect on price. The fifth halving will lower inflation from 0.4% to 0.2%. No one will really care that day. It doesn't matter whether bitcoin inflation is 0.4% or 0.2%, both are close to zero compared to a CPI of 10%.

and how Bitcoin has gained a lot of users, adoption/acceptance will be much higher in the next period and up to the next halving. And as Bitcoin gets older, more and more people are attracted to and accept it as a profitable asset, so I think we're going to have a lot of new investors looking to profit from the expected price increase of about half.

Shouldn't it still be predicting what will happen when Bitcoin is fully mined? I guess many people don't care how many bitcoins there are these days. What everyone is looking at right now is its value. Maybe it's just the price of bitcoin. Perhaps this halving will boost the value of Bitcoin and attract more attention to cryptocurrencies.

I'm also looking forward to his price going up a lot as I'm also preparing a start-up fund for my son as a gift for him. Similarly, Bitcoin is a trusted financial management tool for me. Regardless of whether it is halved or not, I will hold it for a long time because I have a belief that the decentralized financial order will eventually replace the centralized financial order. Although there are many disadvantages, there are also many risks. I will not participate in the investment in the secondary market, I am too tired and not suitable for my financial management.

yeah i understand that feeling. investing in bitcoin does feel more calm. and you did the right thing for investing in bitcoin. Risk is always there. but not as big as in altcoins. And I also think or hope that the current decline in bitcoin could be the last decline in a bear market this time. although the potential for further decline still exists. but I'm sure after that will come a bigger bullrun market. and I hope a new ATH will be created. good luck with your investment.

Most people see Bitcoin as an investment tool than a currency. They believe it will always go up no matter what. While the halving promises to reduce Bitcoin's block reward (effectively making it scarcer), it's not a guarantee market prices will go higher than they were before. Everything will depend on the rules of supply and demand. If there's a lot of demand for BTC while the supply is low, prices will skyrocket at a very fast pace. Otherwise, not. With how the global economy is performing, it's very unlikely Bitcoin will reach a new ATH in price soon. Not even the halving will save it. What it could only do is make Bitcoin rise a little bit in price, but not to a point where it crosses its latest ATH of over $68k per coin. Only an end to the current economic crisis will make it happen.

At least, Bitcoin is still alive despite rising energy costs and geopolitical uncertainty. That shows us how resilient the cryptocurrency is compared to traditional Fiat. The latter is bound to collapse due to exorbitantly-high inflation rates. I don't think rising interest rates would be of any help, as the Russo-Ukraine war continues to disrupt the global supply chain. If Fiat collapses, then it would be a huge win for Bitcoin. Who knows if 2024 would turn out to be BTC's luckiest year yet? Just my thoughts

You are happy about what? That btc value have been dumping lately? Lol but why not? When this is another great buying opportunity for us who support the coin. Solana on the other hand is likely to do well these days, now that they are now teaming up with google.

It can cause a hype other than the natural effects which can cause to them in this partnership. Sol users are enjoying this short term and long term gains but btc users are going to get more than that by the time the bull run returns so we shouldn't be jealous with them. We can in fact be happy for those who are solid solana supporters that didn't abandon the coin during it's hard times. They deserve this comeback.

Why do people always expect something extra ordinary from Bitcoin halving? Why do people always think that "bitcoin halving = bitcoin price growth" ? And finally, why do people always want Bitcoin price to go up? Why not use Bitcoin as a technology? Why do everyone expect and want Bitcoin to make them rich while they do nothing (holding does not mean a person work or do something much).

What I expect from next halving ? Nothing. Price would aim to grow, but due to factors like expensive electricity, world economy issues, bunch of other cataclysms or disasters, nothing will be changed much.

Thanks for the reply.
Never was this happy since i started with crypto in 2020 then i am right now.
The market is blood red but i feel no fear cause i'm in BTC.
One of my friends is a SOL Maxi and tried to convince me, cause the margin on SOL and alts are much higher in short time
But i stayed with BTC and i'm so happy about it right now haha

It's a good step and I think you have a mature mind even though you are still a student. and your step to buy bitcoin gradually every week is a pretty good investment plan. and I hope you do for the long term. and in the long run I can't suggest buying another coin. because altcoins even though have good multiple potential but the risk is much higher. and you will feel more secure to invest in bitcoin.

Yeah, I think a few months before the next halving will be a time where lots of investors will want to buy Bitcoin, and therefore the price will inevitably go up.

Although there might well be other factors that we're ignoring at the moment which will be pretty obvious when they happen. We'll have to wait and see.

You meant to say 2024 instead of 2022, I'm sure.

As for the $180k it's not unrealistic. Looking at what happened last time, we can expect $200k+ in 2024. When? Plus-minus 5 months to May 1, 2024. But hardly much sooner than that, and definitely not later. No one wants to be late to buying coins cheap, so, in my opinion, the next ATH will happen before the next halving.

Ignore alts, buy BTC.

i'm a student and have a savings plan for 25 dollars each week into bitcoin.
i'm struggling if it wouldn't be better to do this for another coin where i get more with this 100 dollar per month, or is it better to get .04 btc per month then anything else?
thanks for some advice

Exactly. Most bitcoiners have been waiting for the day when the world "ditches" the Fiat standard in favor of the Bitcoin standard. I must say, this is no easy task especially when governments and central banks don't want to lose their power. Despite ever-rising inflation rates, Fiat currencies are still the moving force of the global economy. People need to start distrusting banks and use Bitcoin as their main currency for day-to-day payments. Once that happens, you can say goodbye to centralized Fiat for good.

Early adopters like you and me would certainly become filthy rich as goods and services would be valued in Bitcoin terms (not Fiat). 1 Bitcoin = 1 Bitcoin, right? The halving is bound to make Bitcoin scarcer (sort of), so it's likely we'll see a higher-priced BTC during or after the year of 2024. Which is why buying more BTC now while it's "cheap", may be the best decision you could ever make. Just my thoughts

this early, people are already speculating on what may happen to the market for the next halving. the interest is really there but how you will react on this will be different to everyone of us as we have different financial capabilities when it comes to investing. if you do believe that a new ath will happen and you have your funds that you can spare for long-term, you can now start collecting satoshis now. because the discussions will be useless if you will not do anything knowing there's something positive that is about to happen and you have your funds in place.

If history repeats itself, there is no doubt Bitcoin will again have a series of ATH breaking event.


Traders and investors are getting excited before the halving, speculators will have lots of things in mind about Bitcoin reward, bitcoin scarcity, and Bitcoin surge, so they will be hyped and start adding fund to demand in order to buy or expand their Bitcoin stash.


Bitcoin had never failed to show us this kind of scenario.  After Halving, the Bitcoin market becomes crazy which enables Bitcoin to record a series of ATH breaking events.

It's not possible in the fiat/USD standard.

It will be possible in the BTC standard (measuring commodities such as gas, oil, gold, copper, wheat in sats).

We always wanted bitcoin to be popular and widely accepted, so don't expect it to be a standalone asset, without any correlation to the traditional market, that's not possible.

I'm not too worried about Bitcoin during this recession. To me, this recession is the test of bitcoin and if it passes it will prove to the world that it is a more reliable and worth holding asset than any traditional asset.
Bitcoin is doing very well during the recession and just need to continue to survive the long recession, when things recover, then bitcoin will have strong leaps forward, IMO.

2025