Topic: Bitcoin Halving: Hype to Speculate? - page 3. (Read 806 times)
This could be hype, but it's good for the market since we are in a bullish trend now, and people expecting the price to increase more, we might not see a long bear period again. The last time there was a halving, there was a price increase and it's normal for people to think an increase as they based on the history.
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that chart is good but it is not showing the true trends because of the halving mainly because the 2017 rise is dwarfing all the previous rises and with the type of zoom this chart has and its low quality it is not possible to see the real thing that happened at those times.
for example if you zoom in the 2012 halving you can see that there was a very big rally at the time due to halving. and the 2013 big rise may not have had much to do with halving both because we already had the rise and also because it is far away from the halving itself. same with 2016 halving and 2017 big rise.
So true. Also, people speculate on halving for a new ATH. Considering the memorable crash we got back 2017-2018, what about if Bitcoin, effectively goes up, as people speculate (including me), but no more than $15,000? Because this is also reasonable speculation and a possible situation. Why not?
Recently people started to quote the $100,000 price, I thought they were joking firstly, secondly they were just repeating, but finally, figured they really think about it. I wish they will be right but honestly, I doubt it's going to happen.
Everytime halving used to make a big change in the market of bitcoin, following the growth of bitcoin surely can expect good growth with altcoins. Bitcoin halving isn't a hype to speculate, because earlier during the time halving we've experienced good growth with bitcoin. Speculation about the market is common, and based on the bull market close to the days of halving we'll experience bigger and bigger price higher than the previous ath.
I think it's more of a normal process to accumulate because of the halving the price will gradually increase overtime, well there's always some hype to it that people tend to take advantage but i think people nowadays are more intelligent and know more about the technology behind bitcoin is amazing.
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This will be a major boost to bitcoin of the halving eventually happens. Of course, there will be price increase for BTC and other major coins would benefit for it. So looking forward to that great experience. That would mean the resurface of the bull
That will be happening in the next year. Maybe we will see the next highest price of bitcoin in the next halving that will happen before or after the halving. But for how much bitcoin price, we still don't know and let the market will decide. Our job is making more bitcoin in many ways, and trading will be a good way to earn more bitcoin
Next year, there will the scheduled halving of Bitcoin. For people who are still new, the term can be a little dizzy. To make it clearer:
In case you are wondering, this means that the number of Bitcoin issued per each block, mined every ten minutes, will fall from 12.5 BTC to 6.25 BTC. In other words, this reduction of 50% will cut the block reward given to miners in half and further slow the production of Bitcoin’s finite supply. Source.
So this has something to do with the supply. The rewards available for miners is effectively reduced into half...or 50% less. This can slow down the production of more bitcoin coming from the side of the miners.
And this is the reason why some analysts are predicting that after and even before the scheduled halving, bitcoin can experience a great surge or a real bull run. Do you see this as a big probability or just another hype?
It seems that people are speculating more about bitcoin prices before experiencing bitcoin halving or after. When reducing the mined block, of course there will be many miners who go bankrupt and on the other hand the number of requests will be higher, this will cause the price of bitcoin to soar.
This will be a major boost to bitcoin of the halving eventually happens. Of course, there will be price increase for BTC and other major coins would benefit for it. So looking forward to that great experience. That would mean the resurface of the bull
...
that chart is good but it is not showing the true trends because of the halving mainly because the 2017 rise is dwarfing all the previous rises and with the type of zoom this chart has and its low quality it is not possible to see the real thing that happened at those times.
for example if you zoom in the 2012 halving you can see that there was a very big rally at the time due to halving. and the 2013 big rise may not have had much to do with halving both because we already had the rise and also because it is far away from the halving itself. same with 2016 halving and 2017 big rise.
And this is the reason why some analysts are predicting that after and even before the scheduled halving, bitcoin can experience a great surge or a real bull run. Do you see this as a big probability or just another hype?
Many investors are really waiting for this big event next year. There is a big possibility for the price increased of bitcoin when the halving will occur in May 2020.
As you can see from the previous halving. The btc's price is really affected.
Image source
This just showed how the market reacts from the halving event. Also, this just means that the supply of bitcoin is will slow down. Thus, making it to pump really high.
Good time to accumulate and waiting to next bull run, i hope in new records and the final explosion of cryptos.
I don't think that's gonna cause a big splash. It just seems to me that the price will gradually increase over time, because the number of bitcoins will become less and less. Now is a very good time to accumulate assets.
I really wait for halving to come because i think before or after a bull run will come and i believe that bitcoin can reach a new ATH and most holder will get a good profit if they sell, but until then is time to accumulate.
I'm personally not expecting a "great surge", but more of a gradual increase in price. Less bitcoin being minted means less bitcoins that could potentially be sold by the miners. Unless people heavily FOMO due to this fact, I don't think we would immediately feel the effect.
I think FOMO can easily be the case when the time comes. People are expecting that the prices will grow after halving because history has shown it happening before. Reduced rewards are not directly leading to the price going up, of course, but the hype around the event, as well as the need of the price to 'catch up', so that mining stays profitable, can drive the price upwards. I hope you are right, however, and we'll be some gradual change rather than a bull run because it is healthier for the market and reduces the risk of significant price corrections or panic selling events. 
Could be.
Miners need their profit to pay for everything.
If profit is not greater than paying bills and other stuff then they might consider to just stop the business.
Which could lead to a slower transaction for all of us.
Who will mine those coins and who will confirm our transactions. Better get them paid well..
Miners need their profit to pay for everything.
If profit is not greater than paying bills and other stuff then they might consider to just stop the business.
Which could lead to a slower transaction for all of us.
Who will mine those coins and who will confirm our transactions. Better get them paid well..
Most of us are expecting this halving to be the reason of the next ATH,
And I think it could be true since most of us would take this opportunity to get some of this new alt-coin.
Everytime we experience this Bitcoin halving the price always surge high so I am really expecting to see a new ATH because of it.
We want to see bitcoin price to reach another highest price again like what we saw in the last year.And I think it could be true since most of us would take this opportunity to get some of this new alt-coin.
Everytime we experience this Bitcoin halving the price always surge high so I am really expecting to see a new ATH because of it.
Most of us want to make a bigger profit again so they are still buying bitcoin at any price and they don't mind to hold for a while and some of them still doing trading to increase the bitcoin amount in their wallet.
There will be speculation related to the halving, and we already saw it before.
There are so many calculations on how much bitcoin price will increase before and after the halving happen.
I think it's just speculation, everyone is free to speculate about the price of bitcoin in the future, once again I say also that not everyone knows what the right value was at that time, so I also included speculating bitcoin prices here
if we see history of bitcoin, it has always preformed well after halving. last both halving we have seen bull run approx 1 year after halving. if history repeats itself we will see huge gains.
i have done my own calculations and i predict bitcoin new All time high of $106,000 between may 2021 to aug 2022.
invest at ur own risk
i have done my own calculations and i predict bitcoin new All time high of $106,000 between may 2021 to aug 2022.
invest at ur own risk
I'm personally not expecting a "great surge", but more of a gradual increase in price.
quite the contrary, i expect a much bigger "surge" near the halving event. the gradual rises are going to occur until then. my reason is that we already had two halvings each big and the second bigger than the first. each time people might have not expected the rise but this time they will be sure there is a rise and because of it, they will FOMO buy and that alone will push the price up a lot.
Most of us are expecting this halving to be the reason of the next ATH,
And I think it could be true since most of us would take this opportunity to get some of this new alt-coin.
Everytime we experience this Bitcoin halving the price always surge high so I am really expecting to see a new ATH because of it.
And I think it could be true since most of us would take this opportunity to get some of this new alt-coin.
Everytime we experience this Bitcoin halving the price always surge high so I am really expecting to see a new ATH because of it.
And this is the reason why some analysts are predicting that after and even before the scheduled halving, bitcoin can experience a great surge or a real bull run. Do you see this as a big probability or just another hype?
imo it's closer to probability than just hype, we have experienced this twice before, on 2012-11-28 #210000 and 2016-07-09 #420000
on both case we can see gradual increase price of bitcoin before the halving and a surge in price after the halving
So this has something to do with the supply. The rewards available for miners is effectively reduced into half...or 50% less. This can slow down the production of more bitcoin coming from the side of the miners.
less rewards available for miners will effectively create a new price equilibrium miners will not sell their coins for anything less than their production costs
and as miners and users are trying to find the new equilibrium, bitcoin price would be somewhat affected by hype
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