2024 Bitcoin Halving - What are Your Expectations!!! - page 7.

lionheart78

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Quote from: Bitstar_coin on October 05, 2022, 04:27:56 AM

So dear colleagues, What are your expectations? other than price increase Cool

*Do you expect to see widespread adoption and acceptance?

Adoption is still on going and the government are taking notice of the growth of popularity of Bitcoin and institution adopting it so basically I think that countries that are hesitant about Bitcoin will start to reconsider their stance and might give Bitcoin a chance to be adopted. Bitcoin usage is already widespread and the adoption is already in global stage so there is no other thing but to think that Bitcoin will keep on spreading and government acceptance will be in a new height.

Quote from: Bitstar_coin on October 05, 2022, 04:27:56 AM

*More involvement from big companies?

Obviously, more country accepting Bitcoin, more big company will try to take advantage of the opportunity Bitcoin offers.

Quote from: Bitstar_coin on October 05, 2022, 04:27:56 AM

*More popular?
*Increase number of users?
*Any other.......

More government acceptance equals more popularity and an increase in user and community. Lots of apps will be since each company will have its application released to cater to Bitcoin transactions.

lalabotax

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I have many expectations for BTC halving in 2024. I really expect BTC achieves a new ATH, I also hope that there are more top companies and more countries to declare BTC as legal tenders. These probably happen in the next 2-3 years because BTC is getting popular right now. And we must know that BTC halving always plays a big role in crypto market, people are waiting for this moment. I am sure there will be more people involved in crypto investments once BTC halving happens. People already know that BTC halving is the cause of the crypto price increases.

Vaculin

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Quote from: Bttzed03 on October 05, 2022, 05:28:24 AM

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

2024 is just too early to say that we will achieve global adoption and see bitcoin price reaching its price above $100k. Let’s target btc price like $70k-$80k first knowing it’s quite possible for that. However, despite of the bitcoin halving that is set to happen by next year, I guess the market will more likely to stay bearish which means bitcoin is most likely not to reach significant heights that time. This is just my thought considering the current condition of the market.

MinoRaiola

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In 2024, after halving, something has to change, if only when it comes to mining the rewards and the increasing difficulty. It makes it very unlikely that bitcoin prices will fall after that. Anything is possible, but if the miners only have half as much bitcoin that they sell, then I hope for more demand and higher prices in 2024.

danherbias07

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Reach the last ATH and stay that way for a year or more. It becomes the new bottom despite the economic problem. Grin

No one is sure what will happen. We didn't even know that waging war will happen again. I thought it will just be politics bashing each other using social media platforms. But now it's real. I think even with the halving to come, there will be a hard time for Bitcoin to shoot up in value once again.
Unless we recover at a fast pace after they made peace again or just in agreement about something.

Betwrong

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Quote from: samuraijin on October 13, 2022, 09:43:43 AM

Quote from: Betwrong on October 13, 2022, 07:16:55 AM

Quote from: cryptosize on October 11, 2022, 07:56:47 AM

Like clockwork:

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

This is what is called a 4 year cycle, everyone will wait for the Halving moment, and certainly will expect a lot with growth in all markets, even though we are in a bear market right now, here is my hope that in the coming year there will be no downturn in the world economic system, because many large countries have been affected by the downturn in a very chaotic economic system, many companies are experiencing losses and not to mention the impact of the current inflation, demanding that all countries raise prices for the necessities of life, at least in the upcoming Halving in 2023 at least The growth in the crypto market is not affected by the problems that are being talked about in all foreign media.

What media is saying about ups and downs in the crypto market is rarely true, if ever. When a rise happens, it's easy to make up some "causes" post factum, and that's what they are doing, basically. They are even more inventive when a falling happens, because bad news always attract more attention.

TheGreatPython

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Quote from: dansus021 on October 17, 2022, 10:03:27 PM

like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

Everyone knows about the current ‍situation of Bitcoin. We cannot yet say that Bitcoin is in a good position. If the premonitions of an economic downturn are reversed, Bitcoin will take a turn for the worse. But there is no doubt that Bitcoin will be bullish again. Next year 2024 we may get the year of Bitcoin again.

I am guessing that bitcoins year will be around 2025 instead of 2024, the price could go up more than what it is right now until that day, but the real increase will happen in 2025 if you ask me. What I mean is, by 2025 we could see it be 50k to 70k range, that would be a good increase and everyone will think that we already went up a lot.

But, what I believe will happen is that by 2025 after a certain time passed over halving, we are going to end up seeing something like 200k+ and that will be the "real" increase, that’s a very important difference. That would be the thing that I am waiting for right now and when it happens I may actually retire comfortably.

VanillaH

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It will be like other halving: because less Bitcoins are being generated, its value will increase.

However, I do not know if the value will increase as much as in the past since we will probably in a cycle of rising interest rates.

cryptosize

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Quote from: Anonylz on October 18, 2022, 03:12:49 PM

Quote from: cryptosize on October 18, 2022, 06:47:42 AM

Quote from: Don Pedro Dinero on October 17, 2022, 10:47:49 PM

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber. Roll Eyes

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

If that post is as original as it was posted without any editing functions, I would say whoever it is has a crystal ball since almost all that is on that list has occurred, but then again it is hard to trust things like this as it is very easy for people this days to edit stuff. But the btc prediction though is quite high if you ask me, even if such a prediction can happen, it will certainly be for the very long term.

Twitter has no edit function so far.

Also, 10 million USD assumes hyperinflation (again: read the whole tweet), so it could be the equivalent of 1 million USD of today. Not bad if you ask me.

Fatunad

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Quote from: Bttzed03 on October 05, 2022, 05:28:24 AM

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

Obviously, the market is not ready yet for these positive events as I’m expecting more roller coaster price moves for bitcoin the following year. Though there are always positive effects in every bitcoin halving, but i guess that will only be temporary. Bitcoin will still experience price drops every now and then, not only because of its volatility, but also because the market might still stay being bearish the whole year of 2024.

Expect the unexpected as always specially that we are dealing on an unpredictable market whether the upcoming halving would give out some huge impact or not into its current price but looking at on the history
then we can't really blame people on being optimistic which we are really that expecting that theres really some possible ath situation to be seen.We are all hoping for some significant price increase
whenever halving event do happen but we shouldnt really be making yourself that too expecting so that you wont get disappointed if ever the market
wont makes some huge movement on where you are expecting into.

Anonylz

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Quote from: cryptosize on October 18, 2022, 06:47:42 AM

Quote from: Don Pedro Dinero on October 17, 2022, 10:47:49 PM

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber. Roll Eyes

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

If that post is as original as it was posted without any editing functions, I would say whoever it is has a crystal ball since almost all that is on that list has occurred, but then again it is hard to trust things like this as it is very easy for people this days to edit stuff. But the btc prediction though is quite high if you ask me, even if such a prediction can happen, it will certainly be for the very long term.

buwaytress

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Quote from: Don Pedro Dinero on October 17, 2022, 10:47:49 PM

Quote from: buwaytress on October 05, 2022, 04:47:29 AM

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

Conservative yes, but with an equally conservative timeframe (that's no sooner than 2025 for me). And yeah, we're already learning a lot from this cycle, some past wisdoms already negated (price cannot go below a previous cycle's ATH being the one sticking out for me) but the next cycle might clue us in on whether shrinking patterns of lower volatility and narrower amplitudes will still hold true.

cryptosize

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Quote from: Don Pedro Dinero on October 17, 2022, 10:47:49 PM

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber. Roll Eyes

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

CryptoHeadlineNews

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Quote from: Bitstar_coin on October 05, 2022, 04:27:56 AM

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase Cool

*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

For me, i strongly believe there will be a massive increase in the price of Bitcoin just after the 2024 new Bitcoin halving, which will equally lead to more countries adopting it as a legal tender, just as El Salvador and the Central African Republic did last year when the price of Bitcoin rose to above $50,000 per BTC, because the reason why we haven't heard more countries talking about Bitcoin is as a result of the recent economic global crash which affected the whole world due to Russia's war against Ukraine. But things are getting better now, and hopefully we looking at Bitcoin hitting the $100k per BTC benchmark come 2024

Don Pedro Dinero

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Quote from: buwaytress on October 05, 2022, 04:47:29 AM

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

Quote from: cryptosize on October 05, 2022, 12:12:27 PM

6 digits easily...

Some people are even more bullish:

https://twitter.com/stackhodler/status/1469038294591754240

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

dansus021

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like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

Abiky

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Quote from: PeRo on October 05, 2022, 11:21:40 AM

Looking at how it went in the past and how Bitcoin has gained a lot of users, adoption/acceptance is going to be much higher in the next period and up to the next halving. And since Bitcoin is growing older, many more people are interested and accepting it as a profitable asset, so I think we will have a lot of new investors who will want to profit on the expected price pump around the halving.

On the note of the price speculation, I wouldn't really speculate a number since we don't know how will the market hold until the halving. A price increase is inevitable, but we don't know what the current price of that period will even be, it might even be less than expected. Of course, fingers crossed for a huge ATH

While the halving will reduce the amount of Bitcoins that can be mined, it certainly won't have an effect over the cryptocurrency's price in the short term. It's likely network fees will skyrocket as people interact with Bitcoin like crazy during the first months of the halving. I don't think the global economy will recover by 2024, especially when 2023 will lead us into a huge recession. If the economy doesn't recover by 2024, don't expect Bitcoin or any other cryptocurrency to reach a new All-time-high in price.

It's likely BTC will bounce all the way to $40k by the time the block reward is cut in half. Long-term speaking, it should be able to become more valuable depending on the world's economic situation. Many things could happen by 2024, so let's hope for the best. Just my thoughts Grin

Bitstar_coin

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Quote from: bitbollo on October 13, 2022, 03:35:47 PM

We are living in a historical moment with a lot uncertainties and it is really difficult to make estimates on bitcoin and its price.
Nowadays the key aspect is the security that this technology offers as a p2p payment.
SN created this algorithm for just this purpose ... "chancellor on brink of second bailout for banks ..."
Sooner or later, if this technology works with this precision ... the price will skyrocket.
I do not know when. I hope to be there though.

Most especially the recent economic downturn will make people to move away from their familiar territory to other sectors that feel will be useful and the crypto sector seem to be the better option. Btc has proven to be trusted, reliable and can cross all borders to serve users, which is even more impressive and attract new users. The technology is already working and fully ready to be used, it is now up to people to recognize its importance to solve some of the financial issues.

DeathAngel

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The lead up to & shortly after the halving is usually a non event. The trolls come out, saying it’s priced in & bitcoin won’t go up. Then 6-12 months after the halving, the reduction in newly mined coins starts to take effect. We see a supply shock & we start to power into a bull run. I expect fireworks before end of 2025. The halving is always the first catalyst but it takes time to really ignite.

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Quote from: Ahli38 on October 13, 2022, 07:28:11 AM

Even if you look at the current economic condition, which is in the midst of a very severe economic crisis on a global scale. and that made it difficult for bitcoin to recover from a long bear market. because even all investment sectors experienced a prolonged decline due to increasingly severe inflation.
but I still hope and feel optimistic in the next bullrun Bitcoin will break its new ATH record. And I still think this bear market is an opportunity to continue to collect even if little by little.

I think there are two types of investors are in crypto market. One is always too worried about the market and some are investing in crypto without any tension. One difference between these two types of traders is that they are afraid to buy when the market is bearish, while those who take advantage of the bearish period with courage, have many times more profit. Because those investors believe that Bitcoin will go up today or tomorrow. Bitcoin's current condition is bad but it will break all its records by 2024 and set a new record.

I also bought bitcoin with that hope. I think Bitcoin price may rise again next year. Invested in Bitcoin with that hope. But there will be a little problem if the price of Bitcoin does not increase next year. Maybe I have to sell my bitcoins at a loss. But I expect the Bitcoin price to rise in the coming year. This whole year Bitcoin price has gone through dumping.

Topic: 2024 Bitcoin Halving - What are Your Expectations!!! - page 7. (Read 3737 times)