From this thread alone, you cannot argue with facts that every halving, the prices of BTC increase in the market. Maybe, this is the golden opportunity for people to acquire as much BTC as they can garner in order to take advantage of the halving either for short or long-term investment. I mean, this is literally the solid proof and evidence that every halving, the prices of BTC increase!
Personally, I would not touch all the proceeds that I received from my campaign signature earnings and I will make it a point to invest at least $20-$40/month in acquiring BTC. The return is just too much profitable for me to ignore this kind of opportunity.
Topic: 2024 Bitcoin Halving - What are Your Expectations!!! - page 9. (Read 3754 times)
...but 100k BTC should be the new conservative hmm?
Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.was just a hundred backs per coin and no one had anticipated that it would go thousands.This is why i cant really blame out people on not to think or being that optimistic once bitcoin halving approaches.
We've seen on what happened in the past and we are really that optimistic that it could happen again.We do have that 69k price need to be break and even reaching possible 6 digit price.
Well, its not guaranteed but at least we are seeing the potential.
...but 100k BTC should be the new conservative hmm?
Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.
...but 100k BTC should be the new conservative hmm?
Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021. To be honest I am expecting a new ATH because of it, I mean in the past halving we have seen Bitcoin creating a new ATH so I am also expecting it to have a new record because of it.
But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.
Though anything is possible in crypto but I don't think Bitcoin will be able to reach new ATH within 2024. I think it will take some more times to reach the new ATH milestone. I'm waiting for buying more Bitcoin at a lower price which will help me to get higher profit in the future. But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.
If one believes Bitcoin's four years cycle then 2024 will be one of the years for the next Bitcoin bull run. Where all previous records will be surpassed. Moreover, if various obstacles including war, inflation can be ended by this time, next year 2024 can be one of the years for Bitcoin revolution.
The future in conjunction with the economy cannot be predicted correctly. Even if the present wars end, there is no guarantee that another war will not start. There is no guarantee that inflation will reduce, all the signals are pointing towards worse economic situations in the future.
Bur however it might be, there's obviously nothing that will stop bitcoin bull by next halving. Some factors can limit as high and as long as the bull will run, but it will definitely not stop it.
By next halving, I expect bull run and most altcoins will make better moves. I also anticipate rampant shit and fake projects by then due to the bullish nature of the marker. It will be a good time for cryptocurrency industry.
To be honest I am expecting a new ATH because of it, I mean in the past halving we have seen Bitcoin creating a new ATH so I am also expecting it to have a new record because of it.
But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.
But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.
Intersting post, but i see there are alot of factors that are going to affect prices this time. Including mining costs, market conditions.. I guess we are going to see big debate on this in future.. but for sure with halving Bitcoin will become more precious.
I think the biggest one will be the market conditions, it’s going to be hard because at the end of the day there is a big reason for people to not invest into something when they are not sure about the whole market, like if stocks, the world economy and all is still bad like today then it is not going to be great even after the halving.Look at the last halving, t happened right before the biggest inflation problem and money printing period of the world and of course last one was followed by a huge huge increase in the price. This time, it looks like either recession or maybe there will be some sort of situation where it will be recovering by that time hopefully.
https://www.zerohedge.com/energy/one-bank-reveals-dismal-truth-about-150-trillion-crusade-against-climate-change
Intersting post, but i see there are alot of factors that are going to affect prices this time. Including mining costs, market conditions.. I guess we are going to see big debate on this in future.. but for sure with halving Bitcoin will become more precious.
I think the biggest one will be the market conditions, it’s going to be hard because at the end of the day there is a big reason for people to not invest into something when they are not sure about the whole market, like if stocks, the world economy and all is still bad like today then it is not going to be great even after the halving.Look at the last halving, t happened right before the biggest inflation problem and money printing period of the world and of course last one was followed by a huge huge increase in the price. This time, it looks like either recession or maybe there will be some sort of situation where it will be recovering by that time hopefully.
I've been through two Bitocin halving already. I feel that it will be the same. The market and mining scene will be affected. However, it won't be a drastic change to the point that Bitcoin price will skyrocket overnight.
Politics and market aside, I feel that I missed a great opportunity to mine Bitcoin when the rewards was high and difficulty was low. I can't blame myself as I was still a kid back then. With this, I should grab every opportunities I have now.
Politics and market aside, I feel that I missed a great opportunity to mine Bitcoin when the rewards was high and difficulty was low. I can't blame myself as I was still a kid back then. With this, I should grab every opportunities I have now.
If one believes Bitcoin's four years cycle then 2024 will be one of the years for the next Bitcoin bull run. Where all previous records will be surpassed. Moreover, if various obstacles including war, inflation can be ended by this time, next year 2024 can be one of the years for Bitcoin revolution.
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I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.
The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.
Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...
We can see in 2020, bitcoin is accepted and popular in many stores, companies and countries. Whether possessing the technology of the future such as decentralization or privacy… but it can be seen that bitcoin is increasingly being noticed by its impressive growth rate and the profits it brings. Michael Saylor investing in bitcoin or El Salvador accepting bitcoin as legal tender because of the profit potential bitcoin can bring in the future. If the 2024 recession continues and bitcoin fails to reach all-time highs then I think other expectations are also very hard to achieve.
I expect the price to start to slowly and steadily increase to a solid support between 80k-100k$ by the first year after the halving.
I believe that would be a great scenario for holders and long term investors as the adoption increases and the supply decreases, the logical path is an increase of value of Bitcoin.
Something very unexpected would be necessary to stop the increase of the price I personally look forward to.
I believe that would be a great scenario for holders and long term investors as the adoption increases and the supply decreases, the logical path is an increase of value of Bitcoin.
Something very unexpected would be necessary to stop the increase of the price I personally look forward to.
Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...
Another phase of recession than what we are already experiencing? By 2024 of btc halving I expect the recession to be reduced to the bare minimum, if it lingers till that period then there is definitely going to be a serious issue and no doubt will rob off on btc and crypto in general.
I suppose I always tend to think that mining, in scale, which was the type I was thinking of, always has huge margins that past years have really built up a cushion. 500+ days to next halving, and looking at the 1.5 years generally needed after for the next ATH, it is going to be survival of the fittest to another level.
Even if you miss a new all time high, don't sell at or around a new all time high, you will still be able to sell a lower price. Lower price under a new all time high should be higher than past all time high.Just like you missed $69,000, you would have had many prices to sell from $50,000 to $40,000 and $30,000 or even just higher than $20,000.
Not only did I miss 69k, the most I ever sold for (other than my periodic sells which happens regardless of price, same as my "buys" which are just earnings invoiced) was actually just above 20k... have detailed that in earlier posts last year even, just a case of bad luck with a domestic emergency which would have been much more comfortable if it only happened a few months later.
Of course, it could just have as easily come a few months earlier before the 2020 rally and I'd really be fked.
And that's just me as a DCA-er, can't imagine the stress of running a balance book with mining, and counting ahead and making sure you're on the right side of razor-thin margins.
Based on experience with several Bitcoin Halving I have bigger expected for next halving on 2024 to see Bitcoin can make new ATH again, maybe opportunity for my altcoin assets holding after price drop drastically and waiting next time Bitcoin Halving on 2024 to see new higher price. Usually all previous Bitcoin Halving give positive impact with Bitcoin can reach to higher price, but next time Bitcoin Halving seems different than previous Halving time.
Many bad news show every days and last cases with BNB hacked make Bitcoin difficult to make new higher price although on next Halving Bitcoin on 2024. Expectation with Bitcoin Halving if can't reach new higher price and want to see Bitcoin can break out above $40,000 to make altcoin keep stable on higher price.
Many bad news show every days and last cases with BNB hacked make Bitcoin difficult to make new higher price although on next Halving Bitcoin on 2024. Expectation with Bitcoin Halving if can't reach new higher price and want to see Bitcoin can break out above $40,000 to make altcoin keep stable on higher price.
I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.
The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.
Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...
I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.
The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.
I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.
Every four years, this number is cut in half.
It's not accurate. The halving occurs every 210,000 blocks which takes roughly 4 years.New bitcoins are issued by the Bitcoin network every 10 minutes.
This is wrong too. New bitcoins are generated in every block mined. It's estimated that a new block is mined every 10 minutes on average. A new block may be mined in a few seconds. It's also possible that it takes an hour.
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