Bitcoin 2020 Halving - page 2. | Bitcointalksearch.org

JohnBitCo

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Quote from: Herbert2020 on March 07, 2019, 02:55:25 AM

Quote from: DeathAngel on March 06, 2019, 10:51:05 AM

Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

The price will, in the next few months start to climb slowly until the halving. A few months after the halving we’ll have an epic bull run which has happened shortly after every halving we’ve had so far.

i agree with the first part. we will see a rise from now until the halving because that is the nature of bitcoin which always rises and so far we had more than a year of drop which is more than enough and it can not go on forever. so there is no other option but to rise.

but i think you are wrong about the second part, we have always seen the "big bull runs" BEFORE the halving not AFTER it. the thing we see afterwards is the continuation of that growth that i said before, the natural growth that will be sped up by then.

The good thing about the halving is that the price rise before the halving and it keep on moving up even after the halving. (There will be correction all the way ofcourse)
Just like previous halving, we will see a strong bitcoin price rise and this time it may cross 100,000$.

Bitcoinaire

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Quote from: Lucius on March 10, 2019, 10:13:53 AM

Quote from: el kaka22 on March 07, 2019, 11:34:24 AM

I wonder when will we start to see the affects of this halving. Maybe we already have ?
Which means if the price will go up, will it go up right after the halving ? I doubt so, people will start to buy bitcoin before halving happens which will increase the price and I wonder when will it start, will it start couple days from halving? Will it be months before halving ? Has it already started ? We don't know and I can't wait to find out.

It is too early for any kind of next halving effect, but if we look past halvings in 2012 and 2016 we can see that it affect price, but mostly after halving. For example 2012 halving is start with 12$ per bitcoin, and some 3-4 month after that price was 120+$. Halving is 2016 is start with 650$ per bitcoin, and few months later it was only 750$.

Observing these two happenings and their influencing on price we can see that in both cases something big happened 1+ year after halving. In November 2013 price is skyrocket from 135$ to 1100$, and in November 2017 to 10 000$.

Coincidence or not I can not say, but my bet on next big pump is somewhere around November / December 2021. What will happen in the period before that is subject to various speculations, but I hope we will not stay in bear market too long time.

Bitcoin more than 3x from its 2015 low leading up to halving. Expect something similar leading up to the halving in 2020.

Lucius

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Quote from: el kaka22 on March 07, 2019, 11:34:24 AM

I wonder when will we start to see the affects of this halving. Maybe we already have ?
Which means if the price will go up, will it go up right after the halving ? I doubt so, people will start to buy bitcoin before halving happens which will increase the price and I wonder when will it start, will it start couple days from halving? Will it be months before halving ? Has it already started ? We don't know and I can't wait to find out.

It is too early for any kind of next halving effect, but if we look past halvings in 2012 and 2016 we can see that it affect price, but mostly after halving. For example 2012 halving is start with 12$ per bitcoin, and some 3-4 month after that price was 120+$. Halving is 2016 is start with 650$ per bitcoin, and few months later it was only 750$.

Observing these two happenings and their influencing on price we can see that in both cases something big happened 1+ year after halving. In November 2013 price is skyrocket from 135$ to 1100$, and in November 2017 to 10 000$.

Coincidence or not I can not say, but my bet on next big pump is somewhere around November / December 2021. What will happen in the period before that is subject to various speculations, but I hope we will not stay in bear market too long time.

sana54210

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Quote from: sunsilk on March 07, 2019, 09:23:31 PM

The price increase effect occurred after the halving if you can remember that moment. It was 2016 and the vast effect occurred late 2017 and I think that halving has contributed to the process until it has reached the peak.

Expected increase and growth for the market will come but as we have said, to those that have been rushing for that increase. We can't say if the effect would take immediately or after the halving.

That is why many crypto analyst pegs the bull run to 2020 and many investors sees it as a bad news not helping this year, anyway, no year is too long to make it in the crypto world and we should also be more concerned about the block chain technology itself and not only short time benefits coming through it, have we ever considered the long time benefits ?

If we all consider the long term benefits and have the mindset, we will stop putting our mind and self in unnecessary pressure we find ourselves now due to the market condition.

2chase

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The upcoming halving of the reward should greatly increase the price. I do not think that this will happen exactly in 2020, I think that a gradual increase in the cost of Bitcoin should start about half a year before the onset of this event and maybe even much earlier.

imstillthebest

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Quote from: sunsilk on March 07, 2019, 09:23:31 PM

Quote from: ASHLIUSZ on March 07, 2019, 03:21:44 PM

Quote from: sunsilk on March 07, 2019, 01:46:15 PM

Quote from: OlympianBitcoin on March 06, 2019, 01:58:27 PM

Or maybe nothing significant happens...

It's very unusual scenario if nothing happens, check all those times when halving occurred. Few times it happened and look at the significant effect that it made.

Bitcoin always increases its price due to that and by 2020, same impact is likely to happen. And if the current trend that we are experiencing now is the sign of it, without a doubt that price will increase after that.

Around the days of halving price increase have taken place. During the last halving there isn't any price increase by the particular date.. There was decline in the price which showed good forward price pumping after few weeks. The same too is also termed to be the very initial growth point to reach the ath of bitcoin. This time too we can expect similar growth patterns by those days.

The price increase effect occurred after the halving if you can remember that moment. It was 2016 and the vast effect occurred late 2017 and I think that halving has contributed to the process until it has reached the peak.

Expected increase and growth for the market will come but as we have said, to those that have been rushing for that increase. We can't say if the effect would take immediately or after the halving.

Oh i see , so you are saying that after the 2020 halving the price wont increase instantly ? But the growth will only take place after 1 year ? 2021 to be exact . thats too far away and i cant wait for that too long because im not an patient person . i guess ill still continue to sell my coins . i will only hodl them when we are close to that said year .

sunsilk

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Quote from: ASHLIUSZ on March 07, 2019, 03:21:44 PM

Quote from: sunsilk on March 07, 2019, 01:46:15 PM

Quote from: OlympianBitcoin on March 06, 2019, 01:58:27 PM

Or maybe nothing significant happens...

It's very unusual scenario if nothing happens, check all those times when halving occurred. Few times it happened and look at the significant effect that it made.

Bitcoin always increases its price due to that and by 2020, same impact is likely to happen. And if the current trend that we are experiencing now is the sign of it, without a doubt that price will increase after that.

Around the days of halving price increase have taken place. During the last halving there isn't any price increase by the particular date.. There was decline in the price which showed good forward price pumping after few weeks. The same too is also termed to be the very initial growth point to reach the ath of bitcoin. This time too we can expect similar growth patterns by those days.

The price increase effect occurred after the halving if you can remember that moment. It was 2016 and the vast effect occurred late 2017 and I think that halving has contributed to the process until it has reached the peak.

Expected increase and growth for the market will come but as we have said, to those that have been rushing for that increase. We can't say if the effect would take immediately or after the halving.

Shinpako09

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I'm expecting it to have the same effect as the previous one. Few months after the halving price will increase and will set a new ATH. Well, that's just my guess base on what happened before. I could be wrong tho since expectation sometimes are not happening but hope history repeat itself. If ever, then same cycle will going to happen in the following years.

ASHLIUSZ

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Quote from: sunsilk on March 07, 2019, 01:46:15 PM

Quote from: OlympianBitcoin on March 06, 2019, 01:58:27 PM

Or maybe nothing significant happens...

It's very unusual scenario if nothing happens, check all those times when halving occurred. Few times it happened and look at the significant effect that it made.

Bitcoin always increases its price due to that and by 2020, same impact is likely to happen. And if the current trend that we are experiencing now is the sign of it, without a doubt that price will increase after that.

Around the days of halving price increase have taken place. During the last halving there isn't any price increase by the particular date.. There was decline in the price which showed good forward price pumping after few weeks. The same too is also termed to be the very initial growth point to reach the ath of bitcoin. This time too we can expect similar growth patterns by those days.

sunsilk

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Quote from: OlympianBitcoin on March 06, 2019, 01:58:27 PM

Or maybe nothing significant happens...

It's very unusual scenario if nothing happens, check all those times when halving occurred. Few times it happened and look at the significant effect that it made.

Bitcoin always increases its price due to that and by 2020, same impact is likely to happen. And if the current trend that we are experiencing now is the sign of it, without a doubt that price will increase after that.

eaLiTy

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Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

If you look at the current market trend you will understand that the market is showing signs of improvement and the signals are bright to buy at this juncture.Halving is one of the major component in this positive signal and the market will recover in the coming months and we have seen those signals in the past few weeks as we had a short burst to test the resistance and it could not hold for a long time, we will see those movements in the future and this is the best time to invest if you have any plans to invest in this market.

chulos

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I think the price may increase after each change of reward per block, but the price will always depend on the number of people and companies that will trade with btc.
Upon further change in the value of the rewards for a block used in 2020, the number of mined bitcoins will fall to 864 each day and the rewards for the block will be split.
In 2024, with another reduction, it will be 432 per day. Sometime around the year 2032 will be mined for almost 99% of all Bitcoins. If bitcoin legalizing worldwide, the price could go up rocket manner.

el kaka22

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I wonder when will we start to see the affects of this halving. Maybe we already have ? I don't know, smart investor is putting their money where their mouth is and we all know the halving will make miners costs double of what it is today so it should be going up by logic.

Of course, there are a lot more stuff in play here than just "halving equals higher price" but that seems like the commonly expected thing from bitcoin. Which means if the price will go up, will it go up right after the halving ? I doubt so, people will start to buy bitcoin before halving happens which will increase the price and I wonder when will it start, will it start couple days from halving? Will it be months before halving ? Has it already started ? We don't know and I can't wait to find out.

Herbert2020

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Quote from: DeathAngel on March 06, 2019, 10:51:05 AM

Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

The price will, in the next few months start to climb slowly until the halving. A few months after the halving we’ll have an epic bull run which has happened shortly after every halving we’ve had so far.

i agree with the first part. we will see a rise from now until the halving because that is the nature of bitcoin which always rises and so far we had more than a year of drop which is more than enough and it can not go on forever. so there is no other option but to rise.

but i think you are wrong about the second part, we have always seen the "big bull runs" BEFORE the halving not AFTER it. the thing we see afterwards is the continuation of that growth that i said before, the natural growth that will be sped up by then.

Dikarama7

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I think it will affect the scarcity of bitcoin and because of scarcity it will make the price of bitcoin grow even higher.

OlympianBitcoin

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It depends on what's the price of BTC and the state of the crypto market at the time. Maybe it'll create a Moon. Or maybe nothing significant happens...

erickkyut

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Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

In my opinion, Bitcoin price will sky rocket after the halving because there is only limited supplies while the demand is increasing specially now that cryptocurrency is becoming a trend worldwide. You will surely regret it if you don't have Bitcoin right now while the price is still cheaper.

blueteam09

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Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Depending on the market's need to own Bitcoin. If demand in 2020 increases, Bitcoin price will increase greatly because of reduced supply. This will happen oppositely if the demand for owning Bitcoin decreases.

sujonali1819

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Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Obviously 2020 bitcoin halving will affect the price of btc. Yes already 85% of btc already mined and 15% rest. After halving miners will get lower amount of btc than now. So price will be increase after halving I think. And since 2018 was bearish and 2019 is running also like 2018. So if bitcoin will not bullish in this 2019 then surely I think 2020 will be the bullish markets. Thanks

Artemis3

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Quote from: EriksonPartners on March 05, 2019, 07:36:40 AM

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Bitcoin production will halve again, so logically the price might go up, as it has done after every halving before.

In the previous halving the new shiny S9 would do 12TH/s, Currently the S15 can do 28T, but as Bitmain anounced a "28% more efficient chip", we should be thinking 35TH, that is unless MicroBT delivers a master piece again... They are already delivering 33T~55T (M10~M10S) with 16nm chips, what could they do with 7nm chips?

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