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Topic: Bitcoin Halving effect - page 3. (Read 601 times)

sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
January 25, 2024, 01:16:06 PM
#30
Bitcoin halving is not so far but the price is also not so higher as that was in previous few weeks therefore if someone still accumulating bitcoin then he will not wait for halving of 2028 but he can take profit from halving in the current year. I think that coming halving will give more strong results of success than the halving of 2020 because every year we see new highest worth of bitcoin that we previously never have examined. TAKING profit from coming halving is still easy but for those who believe in halving and who are constantly keeping eye on price chart and price movement.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
January 25, 2024, 01:11:23 PM
#29
What we are going to see is halved supply, and later on the demand will increase due to FOMO. What we have is a cycle, and everyone is aware of this cycle, which means that we can't really let it be, we can't just ignore the cycle.

So when a lot of people trust the cycle, and think that it is true, then the result ends up being something marginal, something that actually matters, and that is the point that we should be having. If enough people trust it, they will spend money on buying it, all thinking that it will go up. When they all buy, because they think it will go up, that means there will be more demand. With lesser supply for miners, and higher demand by FOMO public perception, the price of course starts to go up.
sr. member
Activity: 448
Merit: 688
In ₿ we trust
January 25, 2024, 12:32:28 PM
#28

Bro. what makes you think that impact of this time's halving will be smaller?


Precisely because almost all of the supply has already been extracted by mining and is available to the market, from then on it is the market that dictates the price, therefore, the more time passes, the less volatile it will be.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
January 25, 2024, 12:29:24 PM
#27
The impact of the halving will be much smaller than the previous ones, most of the volatility has already disappeared. Don't expect to increase the price with percentages (%) above 3 digits as happened in the past.

In the long term, bitcoin will stabilize its price, it is still cheap in this price region and we can still buy bitcoin with some freedom, it is a very good time to accumulate a little more.
Bro. what makes you think that impact of this time's halving will be smaller? You think that because of ETFs approval? Bitcoin's price is still very volatile, we cannot say anything for sure about the impact of the halving. but anything can happen..
I am personally expecting positive impact on Bitcoin and Altcoin after halving.

The impact of the halving will be much smaller than the previous ones, most of the volatility has already disappeared. Don't expect to increase the price with percentages (%) above 3 digits as happened in the past.

In the long term, bitcoin will stabilize its price, it is still cheap in this price region and we can still buy bitcoin with some freedom, it is a very good time to accumulate a little more.

When you say in longterm Bitcoin price will stabilize, in how many year do you mean? Like approx 10 years?
I don't think Bitcoin's price will easily stabalize, Bitcoin is not a stablecoin. so it's market value will also fluctuate at some context. maybe a bit steadier than now. but 100% stablity is just not possible.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
January 25, 2024, 12:22:09 PM
#26
The halving we're expecting is going to bring something positive and big in terms of the price. Is going to be an opportunity many investors and traders are looking up to and I know we're expecting to see Bitcoin price move higher than what we're seeing. Is it that the price of Bitcoin is going to be as high as $100k+ when the time comes?
For now $50k is even hard to get to (is this how the price was back then in the last halving? Slow) and I don't know which sign we're going to be looking out for since the price hasn't gotten to $45k yet, is this another strategy or is this halving not going to be as expected?🤔
If the halving brings bitcoin to a price of 100k over the next year, the price of 50k bitcoin should arrive soon. because the process of getting to the moon takes a lot of time. I hope 50k bitcoin can be targeted soon in the coming month. This will be an extraordinary ATH, even though everyone has to go through the whale drama that will occur, we have to be mentally prepared
sr. member
Activity: 448
Merit: 688
In ₿ we trust
January 25, 2024, 12:18:19 PM
#25
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Even for those who want short term goals could easily see their investments grow like crazy by next halving which be in 2028.

"Those that fail to learn from history are doomed to repeat it"

This is just something i thought i would share with the community if someone wasn't aware but let me know what you believe and also please feel to share your thoughts on this even if you disagree with whatever i've said above.
The growth wasn't necessarily due to supply shock, as you put it. Growth seems to happen after halving, but not immediately after it, and perhaps it can't even be directly attributed to it. It can be just FOMO due to being reminded that fewer and fewer coins are entering the total supply, or just increased demand because of some Bitcoin cycles taking a certain period of time. It's not so easy to measure, and there haven't been many halvings to say that it's a strong correlation. Halvings will keep happening, but I think Bitcoin would grow by 2028 even if the halvings stopped all of a sudden.

Nowadays it's more due to FOMO from past stories and natural market movement. Due to the reduction in supply through mining companies, the impact will not be much because more than 90% of the supply has already been extracted.

I'm just curious to know what it will be like when the block reward is less than 1BTC. At some point in history (I don't know if I'll be alive to see this in the future, I believe it will take decades) they will have to review whether 8 decimal places are enough for Bitcoin.
legendary
Activity: 3248
Merit: 1402
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January 25, 2024, 12:10:52 PM
#24
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Even for those who want short term goals could easily see their investments grow like crazy by next halving which be in 2028.

"Those that fail to learn from history are doomed to repeat it"

This is just something i thought i would share with the community if someone wasn't aware but let me know what you believe and also please feel to share your thoughts on this even if you disagree with whatever i've said above.
The growth wasn't necessarily due to supply shock, as you put it. Growth seems to happen after halving, but not immediately after it, and perhaps it can't even be directly attributed to it. It can be just FOMO due to being reminded that fewer and fewer coins are entering the total supply, or just increased demand because of some Bitcoin cycles taking a certain period of time. It's not so easy to measure, and there haven't been many halvings to say that it's a strong correlation. Halvings will keep happening, but I think Bitcoin would grow by 2028 even if the halvings stopped all of a sudden.
hero member
Activity: 994
Merit: 744
January 25, 2024, 11:45:37 AM
#23
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Even for those who want short term goals could easily see their investments grow like crazy by next halving which be in 2028.

"Those that fail to learn from history are doomed to repeat it"

This is just something i thought i would share with the community if someone wasn't aware but let me know what you believe and also please feel to share your thoughts on this even if you disagree with whatever i've said above.
This is for people who are only willing to invest because of Halving so that they will get a quick profit from their bitcoin investment, not for real investors who are always ready to buy bitcoin anytime, regardless of the price of bitcoin.
The interesting thing now is that many people are embracing bitcoin because of halving, and I believe they will enjoy the decentralization behind it and keep investing and holding bitcoin even after halving.

This is a good investment time because the bitcoin price can just shoot up after this dump because we are approaching halving and the price of bitcoin is supposed to approach its all-time high before halving. Therefore, let's invest now and wait for a better opportunity to sell. Let's use this opportunity to bag more bitcoin.
legendary
Activity: 3234
Merit: 5637
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January 25, 2024, 11:27:52 AM
#22
~snip~
If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock.


However, I would like to point out that you may have forgotten one very important fact that changes with each subsequent halving - and this is because the first era of mining "produced" as much as 50 BTC, and the current one only 6.25 BTC (about 900 BTC per day) which will be reduced by another 50% with the next halving.

That "supply shock" you mention is not something that can have an impact like before, because the 450 BTC that the miners will "produce" will not cause any shocks on the market where we already have 19+ million BTC.

I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Recently, a member claimed the same thing as you, with the difference that he even mentioned the halving date (which can't be precisely determined anyway) as the best date to buy BTC - but I wonder again if it wasn't better to buy BTC when the price touched the bottom and was under $20 000?

Of course, those who invest only for profit and want to "double their earnings" as quickly as possible have reason to be optimistic - but if they had thought differently based on past events, they could have already earned at least 300% on their investment.
sr. member
Activity: 756
Merit: 454
January 25, 2024, 11:20:20 AM
#21
The halving we're expecting is going to bring something positive and big in terms of the price. Is going to be an opportunity many investors and traders are looking up to and I know we're expecting to see Bitcoin price move higher than what we're seeing. Is it that the price of Bitcoin is going to be as high as $100k+ when the time comes?
For now $50k is even hard to get to (is this how the price was back then in the last halving? Slow) and I don't know which sign we're going to be looking out for since the price hasn't gotten to $45k yet, is this another strategy or is this halving not going to be as expected?🤔
full member
Activity: 462
Merit: 227
January 25, 2024, 11:13:34 AM
#20
The impact of the halving will be much smaller than the previous ones, most of the volatility has already disappeared. Don't expect to increase the price with percentages (%) above 3 digits as happened in the past.

In the long term, bitcoin will stabilize its price, it is still cheap in this price region and we can still buy bitcoin with some freedom, it is a very good time to accumulate a little more.

Yes Dear due to very reasons like the last halving did not have that kind of news as in the current time e.g., Approval of BTC, involvement of Blackraok in BTC, and many more prospectives. well I would also suggest that keep accumulating some amount of Bitcoin from time to time as if the market will not give us a good buying chance, we will not feel bad about missing any chance because we are accumulating on the current span also.
hero member
Activity: 1470
Merit: 555
dont be greedy
January 25, 2024, 11:05:33 AM
#19
After getting hopeless from ETFs, I think a lot of people are starting to hope for halvings. There is nothing wrong, because history states that every time a halving occurs, there will be a long-lasting green candle. However, this does not mean that it is a definite guarantee that it will happen again. This is still false and just speculation. We will see the rest of the real market conditions after the halving.

Once again, accumulating BTC is currently still the best way. We can get more BTC for the next few years as long as we always make regular purchases.
sr. member
Activity: 504
Merit: 279
January 25, 2024, 11:04:59 AM
#18
When you say in longterm Bitcoin price will stabilize, in how many year do you mean? Like approx 10 years?
No... what I imagine is something that will take decades, maybe our generation won't see it. Bitcoin is still very young, the software is a BETA version that is still in full development. So even though it doesn't seem like it, we are at the beginning of all this.

We are definitely heading towards price stability even though it would never be like a a stable coin but the fluctuations that some Alt-coins experiences due to volatility is not the same as that of bitcoin. The volatility rate of bitcoin price is no longer high again. If we look at the price we are even expecting in the next bull run many will tell you that at most it will be a $200k new ATH which is just like 3x from the current ATH before we would have even predicted a 5x to 10x but no the market is not that too volatile and that’s why the best thing is to hodl for a very long term



ETF and halving are entirely different events. Can't judge one by the other. Halving always leads to a big bull run.

Also the ETFs DID make bitcoin grow. Hype for the ETFs is largely what drove Bitcoin from like $30k to high $40,000s the past few months. And ETFs will continue to increase the price in the future as billions of dollars continue to flow into them. The main reason price temporarily dropped after the ETFs were approved is because people wanted to "sell the news" and there's been $2-3 billion dollars of selling from the Grayscale ETF which has neutralized what would otherwise have been a strong positive effect from the billions of buying into the other ETFs.

People actually hyped this ETF saga still to a very high potential thinking it could push it way high but that’s not the case as bitcoin tends to re correct after every hype that either affects it negatively or positively. This high level of sale as expected is by whales because they knew many will give in and once ETF is approved they will take their profit early before the market actually corrects. The idea is look into long term and not a short term like ETF hypes
hero member
Activity: 3038
Merit: 617
January 25, 2024, 11:04:00 AM
#17

We will find out when the halving is over and I think it will take weeks to months until the supply in the market dries out and that's when we see the prices going to Mars.

The only problem I see here is the global issue like the war that is escalating as it wouldn't help people to find investments like BTC. The supply may be fewer and fewer but fewer investors also coming into Bitcoin due to global issues.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
January 25, 2024, 10:51:05 AM
#16
Yeah, i think, We are just in the setup phase before entering the bull cycle, the possibility and history is that after the halving there are only about 3 months left. This stage involves establishing the initiation process and this boundary is necessary to create opportunities for deliberation, trust and decision. After the halving, it seems to be just HODL.
legendary
Activity: 1596
Merit: 1288
January 25, 2024, 10:17:13 AM
#15
This will not happen. After the halving occurs, there is usually a price correction because many people think that the price will rise immediately after it. The halving has an effect on the price, but the effect is in the long term, and the price of Bitcoin will not change in May or June, and it rises because of the halving, but the possibility of stability or correction is higher.

We will see the effect starting in October
hero member
Activity: 714
Merit: 521
January 25, 2024, 10:17:09 AM
#14
As we all are aware Bitcoin Halving is excepted to happen around April-May2024.

We keep hearing different and contrary opinions on the expected date for halving to take place, some will say in March while some will give April and May respectively, there have been a lot countdown to this and we keep hearing different versions of the counts, all I know is that halving will happen before the mid year.

Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024

It's never too late to invest and hold, we can also make profitability in it even before halving when the market surges or we engage trading.
sr. member
Activity: 1288
Merit: 231
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January 25, 2024, 10:03:35 AM
#13
I am looking forward to seeing bullish run again in the market so that I can make some money again, I missed the last time bull run. I don't wanna face same scenario again.
If you don’t want to regret again next time, you should try and buy when you have the money to invest just do it and don’t wait for the price to drop to zero first because that might never happen, bitcoin price is just not predictable when you will be waiting for it to drop is when it will go up and so on, so buy and hold now for you not to regret again, the bull run is coming we can’t tell exactly when but it will come so why wait for it try to buy and hold for long in other not to be taken by surprise.
sr. member
Activity: 420
Merit: 253
January 25, 2024, 09:35:59 AM
#12
As we all are aware Bitcoin Halving is excepted to happen around April-May2024. Dare I say whatever price BTC sits on today is irrelevant and can expect an exponential growth after May2024. If we look back at each time Bitcoin Halving took place in the past (November2012,July2016 and May2020) We have seen tremendous growth in prices due to supply shock. I think anyone who truly believes in Bitcoins future could not ask for a better timing to invest into it right now.

Bitcoin halving is around the corner and there's a parable that goes "a good journey starts with a good kola" so at least since the halving is drawing near, we should have started seeing some good signs of our optimism in the price of Bitcoin rather than the price continuously dipping even more, though the dip stands as an opportunity to accumulate more Bitcoins, but it would have been better if the price maybe fluctuate like the price dipping and rising a bit till the correction processes has been undergone but regardless of what we're experiencing in bitcoin price movement now, we should be optimistic that a noticable pump will surely occur after the halving in the bull market therefore, there shouldn't be any "cause for an alarm" now rather we should hold our coins and never sell it off before the halving.

"Those that fail to learn from history are doomed to repeat it"

Although we learn from histories of previous reoccurrence but however, what is permanent in life is changes because the future is uncertain regardless of our speculation and predictions therefore as we are hoping for the best, we should as well prepare for the worst.
hero member
Activity: 1288
Merit: 508
Leading Crypto Sports Betting & Casino Platform
January 25, 2024, 09:18:58 AM
#11
The impact of the halving will be much smaller than the previous ones, most of the volatility has already disappeared. Don't expect to increase the price with percentages (%) above 3 digits as happened in the past.

In the long term, bitcoin will stabilize its price, it is still cheap in this price region and we can still buy bitcoin with some freedom, it is a very good time to accumulate a little more.
It's not that the impact of the halving is decreasing or getting smaller, it's that bitcoin is getting bigger so it's only natural that it gives smaller and smaller returns. Any asset will have a limit to its growth and at some point it will reach its maximum and saturation. Similar to gold, it also has a very good growth period but will gradually stabilize and bitcoin is no exception. That is also the reason why many people are gradually switching to investing in Altcoins with the hope of earning higher profits but with more risk.
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