I can sense that bitcoin will increase it's value because miners will either not going to sell their btc or there will be less miners after that.
I dont know if there will be a huge number of miners who will going to continue considering the fact that after the halving, their rigs requires a hardware upgrade to speed up the block solving process as the rewards and supply is becoming lesser and harder to mine. Plus the electricity consumption might increase as well. 
Topic: BTC Halving Effect??? - page 2. (Read 727 times)
~
Right, compare Bitcoin and Litecoin actually not a wrong thing. But bitcoin halving can be considered as benchmark if coin that get halving must be increased. It is all depends on developer of each coin. Like halving, burning, and anything else that decrease total supply is strategy that developer do to make their altcoins have more demands. But it always back on the coin itself. Really good to be investment or not.
Right, compare Bitcoin and Litecoin actually not a wrong thing. But bitcoin halving can be considered as benchmark if coin that get halving must be increased. It is all depends on developer of each coin. Like halving, burning, and anything else that decrease total supply is strategy that developer do to make their altcoins have more demands. But it always back on the coin itself. Really good to be investment or not.
it is always wrong to compare anything related to bitcoin with the same thing in altcoins. as is the case with halving, bitcoin has demand while litecoin has none that is why the result of litecoin halving recently was nothing like the result of bitcoin halvings so far.
also halving does NOT reduce the supply! supply is constantly rising. what halving does is that it reduces the rate of supply creation by 50%.
I'm still a newbie and I'm confused.
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Is that also what can be expected of the Bitcoin halving?
Bitcoin halv will have a positive impact on Bitcoin that is for sure but doesn't mean it will reflect on the price immediately so don't get impatient if we won't see a huge bull run incoming right after the halv. Previously after the last halv, Bitcoin took almost 1 year in order to make that huge run reaching 20k$ so we might assist to that effect once again meaning halv followed by a bull run after some months.
Litecoin will have its run in 2020 , this is my prediction anyway...so lets see what will happen.
I can sense that bitcoin will increase it's value because miners will either not going to sell their btc or there will be less miners after that.
I dont know if there will be a huge number of miners who will going to continue considering the fact that after the halving, their rigs requires a hardware upgrade to speed up the block solving process as the rewards and supply is becoming lesser and harder to mine. Plus the electricity consumption might increase as well. 
When remembering the previous Halving, fore sure it affects the price of Bitcoin. But will experience the same drastic thing? maybe it is not certain. bitcoin price increases in 2017 are very drastic. although from now, so many speculations that after Halving will affect the price above 30k USD we will wait and see. If you talk about LTC, that however altcoin is still following the volatile BTC prices then it cannot be a reference I guess.
Halving happens before the big 2017 ATH that many users already earned and converted their BTC into fiat to guaranteed their earnings, though since halving might be another reason why many still put high hopes in bitcoin price to arise due to it's previous history that really shows how it affects the price. LTC is another history as some people didn't convince easily to use yet alts they intend to use more BTC even they are not traders just hold some BTC just for future use when they know it may increase in that time frame. 
I think halving never causes a price boost immediately. It takes like a year before you really start to see the supply shock take effect. halving usually causes a dump around or shortly after due to a loss of faith in near term price increases. It's not a secret. If you look at the last 2 halvings, the price jumped after it occurred in long term. I remember one guy posting here how he was basically going to sell a lot of his bitcoins in 2016 and someone told him something like "are you crazy? The halving is about to occur. Just wait", and the seller said something like: "the halving date is well known and has been anticipated so the price is already baked-in". Well, look how the price increased after the halving anyway.
I dont know if there will be a huge number of miners who will going to continue considering the fact that after the halving, their rigs requires a hardware upgrade to speed up the block solving process as the rewards and supply is becoming lesser and harder to mine. Plus the electricity consumption might increase as well.
As long as the miners are getting their profit they will be running their hardware and i expect that the price would increase after the halving even if it does not increase i am expecting these huge mining farms to continue their process as there is no point in shutting down if they can even the money spent for mining a single coin. A few months more and we will come to know the full impact in the market. I was plenty to see this that people expectation on 2020 was very high because they hoping the halving year could be the savior of bitcoin price which is a bit bored to see the current price movement because since last year the price was never getting better but indeed all of it still pure of speculate because we still not entering new year but indeed there is a chance to be there and if near to halving usually the demand will increase
It's been almost two years since we see a better price just like in 2017 and I hope this coming 2020 we will see much bigger difference from the previous market price. People were expecting already a better price after the halving as Bitcoin will start to become bullish (hope so). Expecting a beyond of 20k price maybe 30k-ish or more than that. The demand will probably going to grow after the halving and that would give us a boost of the price. 
Negative effect for miners since they will be having half of what they are getting from the bitcoin mining reward.
They are expecting the price to be doubled also since it must reach the need to pay for the electric bill that will be used for mining and some spare for necessities and other payments.
Maybe that is what you are looking forward to? The increase in price of bitcoin because it should still be equivalent to how much miners should make.
They are expecting the price to be doubled also since it must reach the need to pay for the electric bill that will be used for mining and some spare for necessities and other payments.
Maybe that is what you are looking forward to? The increase in price of bitcoin because it should still be equivalent to how much miners should make.
I was plenty to see this that people expectation on 2020 was very high because they hoping the halving year could be the savior of bitcoin price which is a bit bored to see the current price movement because since last year the price was never getting better but indeed all of it still pure of speculate because we still not entering new year but indeed there is a chance to be there and if near to halving usually the demand will increase
When remembering the previous Halving, fore sure it affects the price of Bitcoin. But will experience the same drastic thing? maybe it is not certain. bitcoin price increases in 2017 are very drastic. although from now, so many speculations that after Halving will affect the price above 30k USD we will wait and see. If you talk about LTC, that however altcoin is still following the volatile BTC prices then it cannot be a reference I guess.
It's an event that most crypto enthusiast are looking forward too.
Because of the recent halving price have been fluctuating up but before that happens a dump comes.
It means someone behind all of this who have a good share of bitcoin is trying to make money out of that event.
Because of the recent halving price have been fluctuating up but before that happens a dump comes.
It means someone behind all of this who have a good share of bitcoin is trying to make money out of that event.
Well given that fact that there could be some manipulators behind, then we can also ride with them and accumulate bitcoin and but during dips.
I don't know if that could still happen now since the bitcoin price is too expensive. But, if ever it does then you might want to get ready to ride that big wave.
But, it is not accurate. Still, be ready.
But, it is not accurate. Still, be ready.
Data is too small since crypto is fairly young, but then again this is speculative asset and we all know that once it got hype, which is the bitcoin block halvening, we might experience a ATH, it's just a matter of time.
It's an event that most crypto enthusiast are looking forward too.
Because of the recent halving price have been fluctuating up but before that happens a dump comes.
It means someone behind all of this who have a good share of bitcoin is trying to make money out of that event.
I don't know if that could still happen now since the bitcoin price is too expensive. But, if ever it does then you might want to get ready to ride that big wave.
But, it is not accurate. Still, be ready.
Because of the recent halving price have been fluctuating up but before that happens a dump comes.
It means someone behind all of this who have a good share of bitcoin is trying to make money out of that event.
I don't know if that could still happen now since the bitcoin price is too expensive. But, if ever it does then you might want to get ready to ride that big wave.
But, it is not accurate. Still, be ready.
The bitcoin cycle
https://twitter.com/ChartsBtc/status/1191744063529082880?s=20
https://twitter.com/ChartsBtc/status/1191773344711897088?s=20
The halving does matter, and has its positive effect....
Some nice charts I came across.
https://twitter.com/ChartsBtc/status/1191744063529082880?s=20
https://twitter.com/ChartsBtc/status/1191773344711897088?s=20
The halving does matter, and has its positive effect....
Some nice charts I came across.
I can sense that bitcoin will increase it's value because miners will either not going to sell their btc or there will be less miners after that.
I dont know if there will be a huge number of miners who will going to continue considering the fact that after the halving, their rigs requires a hardware upgrade to speed up the block solving process as the rewards and supply is becoming lesser and harder to mine. Plus the electricity consumption might increase as well.
It is all about the demand and supply that is why bitcoin hlving effect is probably going to pump as what everyone is expecting. That is based on the experience from the previous halving event. I can sense that bitcoin will increase it's value because miners will either not going to sell their btc or there will be less miners after that.
I think it is all depends on the coin. Halving or maybe hardfork or other maintenance sometime affect to price of a coin. But developer must also think how can the coin still make demands. So people can interested to buy it and then make price increased. Like bitcoin which already popular, people already wait for it and then they start to buy the coin which can cause pump.
Hardfork LTC is only maintenance and renewal, and the conditions at that time were in sharp contrast to the falling BTC charts, so there is nothing to increase LTC prices other than following the same trend. I also bought LTC at the time, but the market responded with a different pattern. It is true that more people are waiting for the bitcoin halving event, and if there is an altcoin halving with the same moment it is most likely not going to react like yesterday's ltc. 
Here's a three month chart showing the drop in price.
https://i.postimg.cc/ydz8sLYT/LTC-Halving-Effect.jpg
From analytical point of view the pumping might not take effect suddenly It may take some before the halving effect come to play recalled the last halving of bitcoin it took the price more than 500 days before the price pumped to ATH I believed litecoin also need some time for the price to pump to ATH and also the price effect of halving of bitcoin next year may be instant or it may take some time before it come the price pumps to another ATH. https://i.postimg.cc/ydz8sLYT/LTC-Halving-Effect.jpg
Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.
As per basic economic rule of supply and demand, all the reduced supply will result in positive effect on prices. No exception for any commodity in this world. Also, bitcoin halving has indirect consequences to bitcoin prices in terms of bitcoin mining. We cannot ignore the role of mining process in deciding the price of bitcoin. After halving, due to reduced supply, many new mining aspirants may choose direct investing into bitcoin rather than setting up a mining farm. So, be optimistic about up surge on bitcoin prices after halving.Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.
Same thing happened with litecoin on its previous halving too. One probable reason might be whale's manipulation. Market always react in opposite way. People keep buying with the expectation of double the price due to halving whereas prices went dumped 30% even after the halving.After a year from the first halving of litecoin, litecoin prices peaked to its ATH. But, that was fueled by entire crypto space's bull run. We can expect same thing to happen this time around too.
If I speak from an economics background, bitcoin halving is expected to rise its price! Because this is deflationary in nature which decreases the supply of it and increases it purchasing power. However, cryptocurrencies are not designed to fit into the definition of standard money so no one can assure you about the outcome! What everyone is doing is, speculation! It sometime goes right and sometime goes wrong! You already have an example, Litecoin. Which didn't come out as expected after halving and the price is in the red zone. Whoever is saying that bitcoin's price will go higher after the halving, they are all speculating and no one is certain about what's going to happen! So don't get confused and don't try to get an answer! Probably you will get it all wrong!
yes I agree with you if you see the cycle of bitcoin a few years back everytime after halving bitcoin will be bullish. so I'm sure next year bitcoin will be bullish too. The last 2 years we have been in the bear market so I think next year is the time for the bull market. this is our hope that all of us can be realized. we can only hope and speculate anyway in the end the market will determine the bitcoin bull or not.
Jump to: