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Topic: Bitcoin Halving Making Me Wonder - page 4. (Read 596 times)

newbie
Activity: 23
Merit: 3
April 22, 2024, 06:06:08 PM
#3
And I began to wonder is this what the Bitcoin Halving is all about???

If that's what you choose to believe, then it's on you. I really don't know why so many investors thinks that the halving will just magically push Bitcoins price to the moon. I think investors who has this mind set are those who really don't understand Bitcoin and it's past halving. Yes a lot of us were excited about the halving, which of cause from past halvings event, Bitcoins price is followed by a new breakthrough in its movement. But did this Happen immediately after the past halving? Nope. If you check properly, it literally took months before Bitcoins price made a significant movement from its past halvings. So why all these pressure now?

Though the increase in fees wasn't expected as much but if you compare it to what it was during when the last 84000 block was mined, you'll notice it's gradually going back. It will take a little time though but it will.



I understand everything you said but what I don't understand is the transaction fee they are now charging, I lost a lot from a single transaction 😭😭
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
April 22, 2024, 05:57:03 PM
#2
And I began to wonder is this what the Bitcoin Halving is all about???

If that's what you choose to believe, then it's on you. I really don't know why so many investors thinks that the halving will just magically push Bitcoins price to the moon. I think investors who has this mind set are those who really don't understand Bitcoin and it's past halving. Yes a lot of us were excited about the halving, which of cause from past halvings event, Bitcoins price is followed by a new breakthrough in its movement. But did this Happen immediately after the past halving? Nope. If you check properly, it literally took months before Bitcoins price made a significant movement from its past halvings. So why all these pressure now?

Though the increase in fees wasn't expected as much but if you compare it to what it was during when the last 84000 block was mined, you'll notice it's gradually going back. It will take a little time though but it will.
newbie
Activity: 23
Merit: 3
April 22, 2024, 05:49:41 PM
#1
I was panicking when I had of the upcoming bitcoin Halving because I wasn't well educated about the halving and I read about it through online resources, still I wasn't okay, so I just relax to experience the fort bitcoin Halving as they say and after the bitcoin Halving I didn't really see a significant change apart from a little drop in price! I was happy that the halving has come and gone.

Today i was just analyzing the chart and it looks like #Bitcoin is about to print new highs! I was smiling and not quiet long I carried out a transaction, I did not believe my eyes, I was devastated, the whole of my bitcoin was gone for transaction fee.

And I began to wonder is this what the Bitcoin Halving is all about???
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