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Topic: Bitcoin halving and inflation - page 2. (Read 301 times)

hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
September 25, 2023, 05:52:53 AM
#6

Despite how halving increases the price of bitcoin to make it more profitable to investors, I'm wondering if it will not lead to devaluing of the currency in every four years? Will the effect of these not be inflation of bitcoin in every four years? I'm quit new in bitcoin, and I might be wrong, but I think that as halving continues to occur, bitcoin value might start to diminish gradually. And will it not negatively affect the purchasing power of bitcoin, in making payments for goods and services? I stand to be corrected.

You probably overlooked what’s the definition on halving. It’s not really about price increased but rather decreasing the reward of miners into half. It creates disinflationary pressure to Bitcoin value since less Bitcoin can be mined and added to the circulating supply. Halving is literally the solution to avoid inflation on Bitcoin market.

I believe the problem is how you view halving as some sort of price pump to coin every 4 years which is not the real essence of halving/halfing.
jr. member
Activity: 67
Merit: 1
September 25, 2023, 05:45:45 AM
#5
l don't think bitcoin halving will cause inflation or price depreciation of bitcoin. Rather it will cause an increase in bitcoin price and value. Bitcoin halving has happened in 2012, 2016, and 2020, and people witnessed a huge increase in price of bitcoin and its value. With that record, l think bitcoin will continue to increase in price and value as halving continues. As for investment regarding halving, someone can invest now or early next year, as the price increment is likely going to occur late next year and beyond, considering the past halving.
hero member
Activity: 616
Merit: 713
September 25, 2023, 04:57:51 AM
#4
This is why a good investor of bitcoin never tends to hold for profits making but holding to remain a bitcoiner maybe when there are no bitcoin at the time to come they could start releasing theirs gradually, most people doesn't think the positive and negative effects of selling of their bitcoin just to utilized the halving season. But know one thing that as halving keeps going in every 4 years the more the circulations of bitcoin keeps reducing and this could possibly leads to scarcity of bitcoin whereby making price exponentially double above what we thought, but still only those who HODL could enjoy the benefits so is either you choose for profits maximization or hold for decades.

Though don't quote me wrongly because people are using it trade and that is of their benefits which I am not against of their decision and choice of action. I think everyone with their ways and views of how they sees bitcoin so, they are actually taking it that way.. Let say some people use for investment purposes, some uses it as a store of value, some uses it for day to day scalping which is also trading, while some tends to hold for decades which I can say those are the whales maybe yes maybe not but they often buy's in very larger quantity when the market seems to be extremely dip and beyond our expectation.
hero member
Activity: 546
Merit: 516
September 25, 2023, 04:57:08 AM
#3
Now is the best time to buy bitcoin, and hold, because you don't really need a chart to predict that next year will be a very profitable time to sell because of halving.

I think you have to make the correction that Bitcoin always see a new ATH the year after halving. If you Check your data correctly,  you will notice that Bitcoin made new highs in 2013, 2017 and 2021, the next years after the first, second and third halving respectively. Going by that record, selling next year will be a poor decision to make because there are chances that 2025 will see BTC at an ATH. This is my suggestion based on historic data, it can change anyways.


Despite how halving increases the price of bitcoin to make it more profitable to investors, I'm wondering if it will not lead to devaluing of the currency in every four years? Will the effect of these not be inflation of bitcoin in every four years? I'm quit new in bitcoin, and I might be wrong, but I think that as halving continues to occur, bitcoin value might start to diminish gradually. And will it not negatively affect the purchasing power of bitcoin, in making payments for goods and services? I stand to be corrected.
Rather than cause devaluation, the halving will reduce miners reward and this will reduce the quantity of Bitcoin in the hands of those that are willing to sell at any time for a profit. This reduction in supply will invariably lead to imbalance that will push demand up. So halving will surely lead to a rise in price and  not devaluation.
sr. member
Activity: 602
Merit: 387
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September 25, 2023, 04:42:35 AM
#2
A look at the history of halving, the first occurred in November 28, 2012. At the rate of 210, the second halving occurred in July 9, 2016. At the rate of 420, the third halving occurred in May 11, 2020. At the rate of 630. The fourth halving will occur in April 2024. At an estimated rate of 840. https://coincodex.com/article/22929/bitcoin-halving-dates/ .
I don't understand what is rate in your post, what is it? Would you mind to explain it, please?

Halving date is only estimate and many websites have halving date estimate.

1. BuyBitcoinWorldwide
2. Binance Academy
3. Gate.io
4. CoinGecko
5. BitcoinBlockHalf
6. Nicehash
7. CoinmarketCap
8. CoinWarz

Quote
with this facts and next years estimation, it is clear that bitcoin price will keep increasing, even when there's a dump in the price, it will still not affect it much. Meaning as the years goes by the probability that bitcoin will have a drastic reduction is almost impossible.
Halving is expected to help Bitcoin growing more in both adoption, trading volume and price but you should not gamble your money with halving. The market is zero sum game and if you are a gambler in it, you will lose money.
sr. member
Activity: 560
Merit: 326
September 25, 2023, 04:36:08 AM
#1
Bitcoin investors are eagerly looking forward to next year's halving in April, because it's a time to cash in on the event that happens once in every four years. Now is the best time to buy bitcoin, and hold, because you don't really need a chart to predict that next year will be a very profitable time to sell because of halving. A look at the history of halving, the first occurred in November 28, 2012. At the rate of 210, the second halving occurred in July 9, 2016. At the rate of 420, the third halving occurred in May 11, 2020. At the rate of 630. The fourth halving will occur in April 2024. At an estimated rate of 840. https://coincodex.com/article/22929/bitcoin-halving-dates/ . with this facts and next years estimation, it is clear that bitcoin price will keep increasing, even when there's a dump in the price, it will still not affect it much. Meaning as the years goes by the probability that bitcoin will have a drastic reduction is almost impossible.

Despite how halving increases the price of bitcoin to make it more profitable to investors, I'm wondering if it will not lead to devaluing of the currency in every four years? Will the effect of these not be inflation of bitcoin in every four years? I'm quit new in bitcoin, and I might be wrong, but I think that as halving continues to occur, bitcoin value might start to diminish gradually. And will it not negatively affect the purchasing power of bitcoin, in making payments for goods and services? I stand to be corrected.
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