Bitcoin Halving only 1 year away - page 2.

Ozero

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Quote from: hatshepsut93 on April 08, 2023, 06:29:29 PM

I think with every halvening the effect on the price will be smaller and smaller, because the absolute decrease in rewards is also getting smaller. Soon 93% of all coins will be mined, so most of the scarcity is already priced in. The price is a result of supply and demand, and demand will play bigger and bigger role while supply is approaching the limit.

We already saw only 3.5 times increase between bull market peaks of the last two cycles - so maybe the next will bring only a x1.5-1.75 increase, so $100k peak of the next cycle.

Most likely, your assumption is correct. With each new halving, the price growth of bitcoin as a percentage will decrease. That is, within a year after the next halving, already in 2025, the price of bitcoin will approach one hundred thousand dollars. In addition, it should be taken into account that when high price values are reached, the demand for it in peak periods will no longer be the same as in previous cycles. Also, its price will depend on the events taking place in the world, and on the level of regulation of the cryptocurrency market by states.

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Quote from: YUriy1991 on April 19, 2023, 04:56:09 AM

This seems to me so commonplace, that some investors may have concerns regarding the predictability of Bitcoin halving events and their potential impact on the price. While traditionally seen as a catalyst to push prices to new all-time highs, there are a variety of factors at play that can impact the market outcome.

Well, for anyone Don't just rely on past patterns or expectations but a proper risk management and investment strategy should be practiced in navigating the unpredictable volatile nature of the cryptocurrency market.

Relying solely on past patterns that may repeat themselves is not recommended. There will be many factors that can affect the market and it will not be the same as the past. It may be a bit off the mark, but a bull market when the halving will happen could happen but the extent of the bullishness will be unpredictable. Crypto volatility will be very influential. Doing some risk management and strategy would be advisable. Must have a plan A and plan B when the strategy does not match the initial plan.

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Quote from: arabspaceship123 on April 18, 2023, 03:03:39 PM

It's realistic streams of established miners abandon Bitcoin when halving strikes. One block returning 3.125 BTC isn't supremely attractive to miners unless they're mining farms churning away at industrial rate hash rates.

Most miners are well aware of halvings and are planning these in their operations. At least professional miners, which are the majority. For example buying less new hardware when mining is expected to be less profitable. But there are many parameters for miners to look at, like Bitcoin price, too. A big block reward is pretty meaningless when Bitcoin is at 10k USD instead of 30k USD.
So, we won't see Bitcoin's hashrate dropping directly after the halving as one could expect.
Maybe I can post a picture here, when it's happening. Plenty mining stats site are available.

Party24*7

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Quote from: noorman0 on April 18, 2023, 10:30:34 PM

I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

It's just your concern, and there is no proof that it will ever happen. For me, I still believe that history will repeat itself, and in the event that history does not repeat itself, I do believe that bitcoin will rise in price somehow in the future. This is a financial market and if bitcoin doesn't go up, the game is over. So market makers won't let that happen because this is where they make money so easily, they will find ways to maintain it.

Bazzu

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Quote from: YUriy1991 on April 19, 2023, 04:56:09 AM

Quote from: noorman0 on April 18, 2023, 10:30:34 PM

I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

This seems to me so commonplace, that some investors may have concerns regarding the predictability of Bitcoin halving events and their potential impact on the price. While traditionally seen as a catalyst to push prices to new all-time highs, there are a variety of factors at play that can impact the market outcome.

Well, for anyone Don't just rely on past patterns or expectations but a proper risk management and investment strategy should be practiced in navigating the unpredictable volatile nature of the cryptocurrency market.

Bitcoin halving is indeed getting closer and indeed fear is always there in any business as well as investing in BTC. and also we will not know the price of btc at the time of the btc halving.

and I agree with you that in this case we must have a good strategy to manage our assets so that we do not experience losses.

YUriy1991

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Quote from: noorman0 on April 18, 2023, 10:30:34 PM

I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

This seems to me so commonplace, that some investors may have concerns regarding the predictability of Bitcoin halving events and their potential impact on the price. While traditionally seen as a catalyst to push prices to new all-time highs, there are a variety of factors at play that can impact the market outcome.

Well, for anyone Don't just rely on past patterns or expectations but a proper risk management and investment strategy should be practiced in navigating the unpredictable volatile nature of the cryptocurrency market.

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Quote from: Poker Player on April 18, 2023, 10:50:49 PM

Quote from: TravelMug on April 18, 2023, 10:23:31 PM

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Yes, well, DCA is done by many people, myself included. You can make purchases every week or month, of an amount you can afford, but what I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

Agreed, the halving is a desirable event for bitcoin lovers, but the bull run will only take place after 1 year, the bull run will not appear immediately. Many people expect bitcoin to increase in price every day, but I really want to know how many bitcoins they have accumulated because if we don't have bitcoins in our pocket, it makes no sense for bitcoins to rise or hit ATH. Bitcoin price increase is only a matter of time, it will definitely happen, so the more important thing we need to care about is how many bitcoins we have when the bull season comes.

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Quote from: Poker Player on April 18, 2023, 10:50:49 PM

I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

5 years are good to enjoy at least one cycle of Bitcoin. If you are clever enough to start at a year before one halving and hold it 5 years, you will enjoy two Bitcoin cycles with two halvings. That will help you to get massive profit from two halvings.

I agree that taking profit one year after a halving year is good if we base on Bitcoin historical cycle.

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Quote from: TravelMug on April 18, 2023, 10:23:31 PM

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Yes, well, DCA is done by many people, myself included. You can make purchases every week or month, of an amount you can afford, but what I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

noorman0

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I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

TravelMug

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Quote from: Poker Player on April 18, 2023, 10:11:21 PM

Quote from: JoyMarsha on April 18, 2023, 04:53:41 PM

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

What is the point in keeping them until 2024 when the bull run usually starts one year after halving? We will have to keep them until 2025 at least. Although for someone who buys Bitcoin now, with money that will not be needed in the short or medium term, as it should be, I would say you better wait a cycle and a half, about 6 years. I would expect the price to be approaching half a million by then, and if not, several hundred thousand dollars, which is a considerable increase from current levels.

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Obviously the best time is during the bear market last year, but if there is a argument that they might be late, I will tell that they are all wrong because base on my experience, even in the bull run, lets say in 2024, you can start from there and buy and then time the market to sell before the burst in 2025. So for sure, everyone is very excited for this event as it will be the catalyst for bull run and new all time high.

Poker Player

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Quote from: JoyMarsha on April 18, 2023, 04:53:41 PM

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

What is the point in keeping them until 2024 when the bull run usually starts one year after halving? We will have to keep them until 2025 at least. Although for someone who buys Bitcoin now, with money that will not be needed in the short or medium term, as it should be, I would say you better wait a cycle and a half, about 6 years. I would expect the price to be approaching half a million by then, and if not, several hundred thousand dollars, which is a considerable increase from current levels.

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Quote from: Bobrox on April 18, 2023, 04:25:33 PM

Will huge expectation with one year left with Bitcoin halving bring positive side for new all time high again? still remember last time halving Bitcoin success break out and make all time high price after raising up to $65,000 and current price Bitcoin today will have chance for returning to all time high price or possibility with new ATH. Have good progress with Bitcoin price because success break out more than 50% after last three months Bitcoin dropped to $15,000 and right now have reach to $30,000.

I have bigger expectation for Bitcoin back to all time high price for altcoin season come back again, have been longer time altcoin can't break to higher price after bitcoin crashing.

No one knows what will happen to bitcoin in the future, but history has shown us that we will always have a new ATH after the halving, so keep expecting it to happen again.

Investing in altcoins is also quite interesting, as their returns are much better. But in my opinion, the most suitable time to invest in altcoins is when the bull season comes, which means investing in altcoins only when the halving happens, and bitcoin really enters the bull season. Also, I don't see a good time to invest in altcoins, even now, the altcoin market is still very unstable even though bitcoin has recovered more than 50% of its value.

JoyMarsha

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Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

As the year draws closer to the halving season, I feel much joy because this should be the first halving am about to experience ever since I began to know about bitcoin.

Thanks for bringing it to our notice that there is no much time left toward the halving period. Every plan of accumulation of bitcoin should start now before the halving. Who knows what next year's halving will offer us in price because there is this belief that every halving will do well in price than its previous halving.

Bobrox

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Will huge expectation with one year left with Bitcoin halving bring positive side for new all time high again? still remember last time halving Bitcoin success break out and make all time high price after raising up to $65,000 and current price Bitcoin today will have chance for returning to all time high price or possibility with new ATH. Have good progress with Bitcoin price because success break out more than 50% after last three months Bitcoin dropped to $15,000 and right now have reach to $30,000.

I have bigger expectation for Bitcoin back to all time high price for altcoin season come back again, have been longer time altcoin can't break to higher price after bitcoin crashing.

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Quote from: Popkon6 on April 09, 2023, 01:52:01 AM

Many experts have expressed opinions on Bitcoin halving but I think these opinions will materialize. The year 2024 is indicated by Bitcoin and the block halving was equal to 7.1428 in 2020 but will be halved in 2024 at 3.33333%. (2020-2021) The price of Bitcoin will increase by three times in 2024 and the amount of BTC will be about 2,00,000 dollars. Eventually the current investors will fall into Bitcoin mining. So keep Bitcoin your own for 2024.

I don't believe on assumptions and predictions, because nobody knows the futuristic of bitcoin, Bitcoin always surprised people and turn their predictions down, which I believe that whatever we predict concerning will be determined by the market not by anyone assumptions, because theirs every tendency that bitcoin can as well fail not to have a positive turns out in 2024 as people is expecting something positive to manifest in 2024 in cryptosphere.

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Quote from: Bananington on April 18, 2023, 11:31:40 AM

I pity those that will be thinking that one year is a very long time, we have already seen one quarter of this year and before we know it, the year will be over and the halving will be at the doorstep. If you have not been keeping bitcoins since in wait for this to happen, you should start immediately to ensure that you join in the benefits that the halving will bring. For any member of this forum that will not be a beneficiary to the halving, you will regret it a lot when other members who will benefit will come forward to share their good story.

They do think that 1 year is too long when we've just been 3 years away from halving and thought that it's a quick time that has just passed through us. While for those that have stayed even on the other halving which has happened on 2016, mostly, many weren't expecting that it was going to set an ATH until the pattern has been shaped into this 4-years cycle. It's on everyone's mouth that the 4-year cycle will happen and been done, those that still ignores the tips about buying some bitcoin while they can before it happens will regret it all once we see bitcoin skyrockets again before and after the halving.

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Quote from: wxa7115 on April 16, 2023, 10:51:44 PM

You did not really had too much time to prepare yourself which led you to not being able to take advantage of the bull run at the time.

But now things should be completely different and your results should be much better this time around, still I wonder if the positive performance we have seen during this year can be maintained, as it seems to me as if it is too soon for such a high price to be seen, and if that is the case then a dip could follow which could allow us to load as much bitcoin as we can during that period, as we make our final preparations for the upcoming halving.

It depends on the goal you want to achieve. I'm not looking at a bear or bull market, but make sure the moment you're doing is right. Currently there is a futures trading feature that makes it easier for you to invest when bull or bear. So make sure the moment you take is right with the predicted forecast that will happen. Every moment is an opportunity, take advantage of it with the features that are in trading today. Investment does not completely have to hold the long term but there are other ways that have been facilitated at this time, so take advantage of it.

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It's realistic streams of established miners abandon Bitcoin when halving strikes. One block returning 3.125 BTC isn't supremely attractive to miners unless they're mining farms churning away at industrial rate hash rates.

Quote from: 1miau on April 08, 2023, 04:03:12 PM

After Bitcoin's block rewards were halved the last time in May 2020 from 12.5 BTC to 6.25 BTC per Block, we'll see a new halving in 2024 (expected to be in April 2024), decreasing Bitcoin's block reward from 6.25 BTC (which is valid actually) to 3.125 BTC per block.

And honestly, we need to admit that 3.125 BTC per block is very low:
Bitcoin's halving is reminding everyone once more, how truly scare Bitcoin really is.

So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go. Wink

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Quote from: 1miau on April 08, 2023, 04:03:12 PM

Bitcoin's next halving is only 1 year away.

I pity those that will be thinking that one year is a very long time, we have already seen one quarter of this year and before we know it, the year will be over and the halving will be at the doorstep. If you have not been keeping bitcoins since in wait for this to happen, you should start immediately to ensure that you join in the benefits that the halving will bring. For any member of this forum that will not be a beneficiary to the halving, you will regret it a lot when other members who will benefit will come forward to share their good story.

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