Topic: Bitcoin Block Halving cout down - page 2. (Read 655 times)
Bitcoin seems to be cyclic in nature, historically bullruns occurred after the block rewards halve and after FOMO starts to psychologically drive the market. Nowadays there are far too many external factors to determine when it might actually start, but we might see further movement the more we get close to the halving.
I see the halving differently. I mine, and used the last 3 months to essentially max out what I can do from home. I wanted to get as much gear up and hashing as I could before the rewards are reduced. I've never been through a halving before and really don't know what to expect. I am planning on trying to accumulate as best I can but there's always a need to cash out at least a portion of my rewards. This will either be a catalyst for a proportional price increase, or drastically change the Mining landscape. Either way I will have some cold months where I can mine forever.
Its not going to be proportional, even if it may look like that temporarily at first. You would be wise to start reducing your mining operation if you are already large (diversify your portfolio, invest elsewhere, or go solar/wind instead of pure asic mining purchases).
If bitcoin is 8k at the time of halving, don't expect it to go 16k next day, something like 12k or less would be about right.
That is without taking into consideration even more efficient miners rising that diff up. In the aftermath price might be even go down and kick a bunch of miners out (again). It is also wise to not spend everything, keep reserves. Don't live on the margin like most miners do, if you are unable to survive without a PPS pool administering your profits, then you are in trouble.
I think you are accurate to think the most profits will be made right before the halving, then assume some slump afterwards before things become attractive again, but not as much as the previous halving.
base on my observation the effect of halving would take control few weeks after this happens, so we can still hold few months before halving or it is better if we can save even a little from now on until the price reaches the ATH again due to halving.
The bitcoin halving is another time for a bull run to happen has many miners are getting set to store their btc and ready for next bull as their reward on every block is getting set to reduce and there is need for the price to go up as to meet up with the fees for mining cost and have profit to run the mining.
Basically if supply goes down while demand increases (as is hinting recent metrics in the in the market) the price should go up, but maybe not in the proportion w'all would hope
Yes, everyone thinks that Halving will have a positive impact on the price because it has always had positive results.
If everyone is counting on a bull run because of the halving, so it's going to happen 
I'm a little skeptical about, but almost all people are 100% centain that the price is going to increase
I'm saving my coins, I'm trying to accumulate
I'm a little skeptical about, but almost all people are 100% centain that the price is going to increase
I'm saving my coins, I'm trying to accumulate
Well then let's start to HODL .
I would try to spend less and invest my savings into crypto from now on.
At least even if it wouldn't make the price see's new ATH it would surely make it higher than it's current price.
I would try to spend less and invest my savings into crypto from now on.
At least even if it wouldn't make the price see's new ATH it would surely make it higher than it's current price.
Wow, only a year left.
I wonder the effects of that halving to bitcoin price. I am sure it will grow before that date but i wonder how will it react after.
I wonder the effects of that halving to bitcoin price. I am sure it will grow before that date but i wonder how will it react after.
https://www.bitcoinblockhalf.com/
365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?
Start hoarding BTC now and let's see how everything goes next year.
What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.
the price has to go up becuse of the halvening. but by how much its kind of hard to tell, but my bet would be investing more money, it has to be a pretty sure bet.
1 year is a plenty of time, but not for strategic investor that I'm sure already joined and bought. Considering how easily btc went through 6 000 level, it will hardly return there. I don't expect prices lower than 6k to be fair. ATH for the next cycle is at least $60 000, which is very-very moderate forecast. More realistic is $100 000, near this psychological level.
Had been accumulating some bitcoin since the bear market started. Everyone is expecting the bull-run after the halving. I think the next halving will give a new ATH to bitcoin, let's be patient and hope the next bull-market will be massive.
365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?
I will try to save as much bitcoin as I can. I also believe that the price will pump after block halving. That is our experience for the past halvings. Maybe, that will also be true on the next one.
Start hoarding BTC now and let's see how everything goes next year.
What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.
I also remember that the price dumps a bit before it started pumping. That is a perfect time to buy before it starts pumping. I am hoping to see the price reach the latest ATH at least. What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.
The next 360 days should be a bullish period if we compare with previous halvings.
We'll still see a lot of sideways movements but price should increase significantly until next year.
This is real and we have started to see the sign of that already on the bitcoin market and other cryptocurrencies . In January and February this 2019 I did not think we have that expectation that bitcoin is going to be at $8000 in May but that has happened and the current bullish momentum has set aside most of the TAs speculation and analysis that was made by some speculators on this forum. It is a clear evidence that the foreknowledge of the halving has started influence bitcoin price and many new investors are on their way in. It is important for us to be a little patient with what we have and keep holdl of them. We'll still see a lot of sideways movements but price should increase significantly until next year.
The next 360 days should be a bullish period if we compare with previous halvings.
We'll still see a lot of sideways movements but price should increase significantly until next year.
We'll still see a lot of sideways movements but price should increase significantly until next year.
...
Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?
...
Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?
...
It's myth and mostly wishful thinking. Sure, there were price rises a few months after the halvings, but there have been many price rises at other times, too.
halving and its effect is two parts. the first one that comes before the halving is the hype up part where people who think they are going to miss out are going to buy bitcoin with such an enthusiasm that will push the price up a lot. that is why we always see a rather big rise in 2 months before the halving.
and the second part is after the actual halving of the reward which is reduction of new coins that enter the market which technically should reduce the sell pressure and help with the rise. which is why a couple of months after the halving we always see a smooth rise.
and the second part is after the actual halving of the reward which is reduction of new coins that enter the market which technically should reduce the sell pressure and help with the rise. which is why a couple of months after the halving we always see a smooth rise.
The media hype surrounding this event normally occur about 2 to 3 weeks before the actual Halving date and that is when the general public becomes aware of the scarcity and starts to invest again. We humans have a short memory, so we have to be reminded regularly on why bitcoins are so precious and scarce. Satoshi remind us of that with every Halving event, so we should prepare for that spike in the price before it happens.
Buy now, before the media hype starts.
Buy now, before the media hype starts.
I see the halving differently. I mine, and used the last 3 months to essentially max out what I can do from home. I wanted to get as much gear up and hashing as I could before the rewards are reduced. I've never been through a halving before and really don't know what to expect. I am planning on trying to accumulate as best I can but there's always a need to cash out at least a portion of my rewards. This will either be a catalyst for a proportional price increase, or drastically change the Mining landscape. Either way I will have some cold months where I can mine forever.
bitcoin halving has always been a hyped up event from the first time it happened and because the first time price went up a lot, the second time the same thing happened even bigger. now that we are getting closer to the third halving in history of bitcoin, and because a lot of hype has been going into it, we can expect a real big rise this time.
considering that price is already on the rise and the bull market has already started we can expect a new ATH even before the halving and much higher than that after it.
considering that price is already on the rise and the bull market has already started we can expect a new ATH even before the halving and much higher than that after it.
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