Bitcoin halving. | Bitcointalksearch.org

joshy23

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Quote from: fortunecrypto on February 07, 2020, 12:32:03 PM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Halving is not something that comes unexpectedly, people have a lot of positive expectation on it, this is the reason why on the two years that Bitcoin was in red the community are hanging on because they all knew that it will not last long and there is always hope and answer and the coming halving is the answer and our hope for a big turn around.

The mentality that this halving will help lifting the value of bitcoin is all over the place, many traders and investors hanging with this news. With how those previous runs after halving gives hope to people who are still inside this industry. The market will be lifted once there's people who are interested to wait and take their chances.

andamarina

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I wait for halving and i think how much will cost miners to mine bitcoin and if still worth to mine if price not grow, let say if price will be 12k is still worth to mine?

atjiat

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In essence, halving is provided on the Bitcoin network in order to protect Bitcoin from inflation, although this moment is a little incomprehensible to me, since everyone knows that there is exactly a certain amount of Bitcoin. And if we talk about how halving the rewards of miners will affect the price of bitcoin, then you can study the early situation in the past halving. One way or another, in 2013 the price of Bitcoin increased slightly, but after the previous halving in July 2016, we observed a rapid increase in the price of Bitcoin in the flesh until 2017. Based on this, we can assume a positive effect of the halving on the pricing of Bitcoin and on the entire cryptocurrency market.

fortunecrypto

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Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Halving is not something that comes unexpectedly, people have a lot of positive expectation on it, this is the reason why on the two years that Bitcoin was in red the community are hanging on because they all knew that it will not last long and there is always hope and answer and the coming halving is the answer and our hope for a big turn around.

LogitechMouse

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Quote from: d.kevin29 on January 27, 2020, 07:52:56 PM

I'm ready for both scenarios anyway. I'll just accumulate alts & BTC and be ready to ride the next cycle the right way. Grin

This is the perfect quote for me.

Whatever happens, we must be ready whenever Bitcoin goes down or goes up before and after the halving. If you are a holder, just continue to accumulate Bitcoin and other altcoins that you want to buy.

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Will you suggest accumulation of bitcoin before the event?

Accumulating Bitcoin before the event is advisable but still, there is no certainties that Bitcoin will rise before the halving happens.
Even though we see Bitcoin rising slowly and the charts are saying that we are in a bullish phase already, don't forget that there is still a chance that Bitcoin can go down big time. This happened years ago and it can happen anytime

.

Reid

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I suggest accumulate as much as you can.
If you did it January 27 from this post then you know why and won't have any regret.

Don't just look for the halving also.
There are a lot of reason into why you should by bitcoin.
You are already in this forum with lots of information about it.
Maybe you should start with that. The reason into why you are really buying it and not just because there is an event going on May.

The Sceptical Chymist

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Quote from: d.kevin29 on January 27, 2020, 07:52:56 PM

I'm going for two scenarios: Bitcoin will either go through the same cycle it went in 2016 & 2012 or this time would be different.

Well, that covers all the bases pretty much (lol).

I do hope that we don't see a repeat of the bull market craziness that led up to December 2017, because who knows how long it would take the market to recover from another crash like that. I certainly would like to see bitcoin have some big gains this year, but exponential price growth, while it might be really fun to participate in, isn't sustainable or good for bitcoin in the long-term.

Right now the price is creeping up to $10k--or at least it looks like it's doing that--and I think that's much better than if I woke up tomorrow morning and saw preev showing bitcoin with a 5-figure valuation. True, I might be elated at first but the rational part of my brain would realize that a serious correction would be looming.

Bagaji

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Quote from: Distinctin on January 30, 2020, 08:47:16 AM

Quote from: Bagaji on January 29, 2020, 11:41:40 AM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

If you have money to invest, now is still an opportunity for you to do so before is too late when we finally get closer to halving event of which there is a strong believe that the market is going to skyrocket more than what we have seen in the past halving event.

And we don't have to lose this opportunity otherwise, we might regrets later. The market to show a few pumps and continuously moving ahead. Anyway, they'll have a choice but it would be great if they started it by now and see what we've got later coz it will be sure that the market will turn back high again.

Whoever was able to follow some of the speculation in one of my submission above and buy as at that time should be in profit by now base on the current market value of Bitcoin and some other altcoins that have have increase significantly. And is still not late for whoever want to hold for over a period of a month because as we get closer to the halving event so shall the positive news keep coming in and that will influence the market.

Oasisman

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Rollbit

Quote from: carlfebz2 on February 04, 2020, 05:50:41 PM

Quote from: criza on February 04, 2020, 07:04:13 AM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

~snip~

So you do talk or mention about interest of miners on said halving? I guess it wont really be that attractive too much for them.Block rewards been cut to half do you think that
it made them happy? thats still questionable if majority of them would continue or not yet rewards been cut and it will surely compromise profitability on miners side.
Only big players would consider on continuing.I dont know to the small ones.

Not to mention the amount of expenses a small time miners to spend in upgrading their GPU, since every block halvings, blocks are become harder and harder to solve that It needs more power from the machine. So does the electricity consumption will increase as well.
I guess huge mining farm has an edge over the small time miners, because it will compromise their sustainability.

chip1994

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Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

yes, for sure. Even we should hoard bitcoins from $ 7k. Halving events every year cause good influence to the market. but please, be carefull. Never be too subjective because the crypto market capitalization is still very small and the whales can reverse the market at any time. Not only do you buy and hold bitcoins, you need a plan to make a profit. For example, you predict that the price of bitcoin will increase by about $ 20k. Then choose the strong resistance points to sell the bitcoins you are holding. It's a way for you to be both profitable and able to buy back bitcoin at a lower price.

carlfebz2

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Quote from: criza on February 04, 2020, 07:04:13 AM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

Bitcoin halving would affect greatly in the standing and value of Bitcoin in the market, simple concepts about supply and demand indicates a decrease in supply causes an increase in demand and would make the price of Bitcoin to also increase due to the fact that Bitcoin halving is the literal halving of what the miners would get from mining.

I think, there would be a lot of people that would invest in Bitcoin and would hold the currency during and after the halving for a chance to sell it to a higher price and earn a lot of profit from it.

So you do talk or mention about interest of miners on said halving? I guess it wont really be that attractive too much for them.Block rewards been cut to half do you think that
it made them happy? thats still questionable if majority of them would continue or not yet rewards been cut and it will surely compromise profitability on miners side.
Only big players would consider on continuing.I dont know to the small ones.

criza

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Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

Bitcoin halving would affect greatly in the standing and value of Bitcoin in the market, simple concepts about supply and demand indicates a decrease in supply causes an increase in demand and would make the price of Bitcoin to also increase due to the fact that Bitcoin halving is the literal halving of what the miners would get from mining.

I think, there would be a lot of people that would invest in Bitcoin and would hold the currency during and after the halving for a chance to sell it to a higher price and earn a lot of profit from it.

Ridwan Fauzi

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Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

If we talk halving event then I have an imagine that the price will up much more than I thought. As you may know, seeing bitcoin price before halving event came and after halving event came there were a lot of change even its price up drastically. We can count bitcoin halving had happened for two times exactly at 2012 and 2016 and you can see how the effect after this event was happened.

This thing will make many investor there have an accumulated and they will have prepared to meet this event. And as you can see now how the price movement and how the sentiment market effect bitcoin price. It means, there are many investor who already buy bitcoin to gain a lot of money from this event. And regarding to all your questions I guess I can't accumulated what profit that will you get but in the essence you will gain money if you buy bitcoin now.

Latviand

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Quote from: Cryptopher on January 27, 2020, 08:11:18 PM

I suspect that a lot of people who invested money into crypto around the end of 2017 will have probably cashed out already.

It takes some strong hands to hodl from those highs. That said, anyone who already sold may have already bought back in to try recoup their losses.

Quote from: d.kevin29 on January 27, 2020, 07:52:56 PM

I believe there might be a difference due to the wave of new investors. We've got +1M addresses still holding their coins... so when the next cycle comes, these address might become active. If they do, it'll probably be a huge selloff from those who invested @20k.

It would be a bit unsurprising to see if there are many holders who would sell immediately once the price starts to rise, and when the market value is enough to cover their losses from the previous downfalls. They would surely take advantage of the situation and make sure to prioritize regaining their profit, and would probably not risk it again. Many people have regrettable not selling before when the price was still at the 'peak'.

darewaller

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If we are expecting price pump this year than we should also be ready for the halving which might occur immediately after the pump occurs. This has already been shown to us by bitcoins in the mid 2017 and hence this time we should prepare ourselves firstly in order to face those situations.

In situation like bitcoin halving, leverage trading would be most beneficial I guess as we can easily short or long bitcoins and make instant profits even in the bearish markets. This has been a life saver one but yes, it does posses a number of risks which needs to be studied before going onto leverage trading. Let's first consume the sweet fruits from the bull markets and than think about the halving.

bearexin

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Quote from: Durad on January 28, 2020, 05:37:50 AM

This is going to be the third Bitcoin Halving so far. Research shows that 85% of all bitcoin will have already being mined at the time of the halving, which is approximately 85% of the total Bitcoin supply. This would mean that at the time of the halving there would in fact only be around 13,700,000 Bitcoin available. That’s even less than 0.002 Bitcoin for every human on Earth!

But not ever human on the Earth would buy and hold those bitcoins. There are pretty less people involved with bitcoins in the entire world as the most of the population is been engaged by the youngsters(who hardly invest into bitcoins) and the old aged ones(who might not even know what exactly bitcoins are). The remaining population is further divided into few classes like high class, middle class and low class.

Low class individuals would never invest in commodities like bitcoins due to their high volatile nature. Middle class would think about them and maybe 50% of the total class might consider investing into bitcoins. Now, the remaining high would have least time for something like bitcoins and majority of them might be treating bitcoins as a mean of entertainment to fulfill their needs like gambling, etc.

Distinctin

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Quote from: Bagaji on January 29, 2020, 11:41:40 AM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

If you have money to invest, now is still an opportunity for you to do so before is too late when we finally get closer to halving event of which there is a strong believe that the market is going to skyrocket more than what we have seen in the past halving event.

And we don't have to lose this opportunity otherwise, we might regrets later. The market to show a few pumps and continuously moving ahead. Anyway, they'll have a choice but it would be great if they started it by now and see what we've got later coz it will be sure that the market will turn back high again.

Bagaji

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Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

If you have money to invest, now is still an opportunity for you to do so before is too late when we finally get closer to halving event of which there is a strong believe that the market is going to skyrocket more than what we have seen in the past halving event.

Xxmodded

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Quote from: hendra147 on January 28, 2020, 11:06:48 PM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

i have plan with my friend to make a "bitcoin halving party" of course its private party , its really important to my life, bitcoin is my source of income, so i think halving will make bitcoin lover do it too.

with halving our income can rising, by rising the value of bitcoin, im sure after halving the resistant of bitcoin price will be $10.000 can't lower thant that's

Look fantastic when celebrate with halving party absolutely bitcoin raise with higher price but just worried when getting bitcoin have been in higher price you have to sell all it without waiting with halving time, maybe you can lost chance with bitcoin down with lower price and keep holding next halving again.

Images21

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Quote from: gabmen on January 28, 2020, 05:13:25 AM

Quote from: Images21 on January 28, 2020, 04:22:53 AM

Quote from: abdulfatah.busari on January 27, 2020, 07:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.

Well the public seems to be interested only in what happens to the price before and after this event takes place. More than understanding how and why it happens, a lot us prefer to look at previous halvings and make up speculation that compare this year's and the ones that took place in 2016 and 2012. Though you've put it quite simply there dude.

If the public is interested in the price that could be brought due to halving, there is a possibility that they will choose to HODL instead of sell their Bitcoin. It is because they believe that halving will bring some nice pumps. Especially if they compare the upcoming halving with the previous halvings, they might believe that there is price increase due to it. And as a result, if the majority has the same mindset, there will be a price increase. They're the public after all.

Topic: Bitcoin halving. (Read 774 times)