Topic: BTC Halving Effect??? - page 3. (Read 727 times)

it is not just about the coin per se, it is about the other side of the supply and demand principle meaning the demand part. in a very simplified terms it is like saying 10 people are buying 100 items every day. tomorrow there will be 11 people buying the new 100 items but the next day there will be 12 people buying 50 new items. and that is why the price rises when bitcoin halving takes place.
but for an altcoin that 10 people the next day are going to be 9 and then 8 and so on. and on top of that there is the hype of the pump of that altcoin, for example in case of LTC the hype was there but the pump failed so everyone dumped it hard that is why it has crashed now.

You may need to look the history of both coin price when halving event came. Myself have ever read an article the price movement when the both coin have met halving event. I'll start with bitcoin, it have been several years when the halving event came its price will pump a lot, as an example the price had increased a lot at 2017 ago whilst the halving had come at 2016. I remember before halving event came its price just $900 even low then that but did you see its price at 2017 ago? the price had touched almost $20.000.

Which is mean, halving event is an event that alwasy be waited by all its user. But when halving event came to litecoin its price will dump first but after that the price will surge drastically. As you may know the halving event had came to this coin at 2015 ago, and at that time the price of litecoin just decreased. The price of this coim will surge after bitcoin halving event, you may see when 2017 the price of this coin had increased as well. So, I just guessing the halving event for litecoin will be felt after bitcoin halving, we will see it at May 2020.

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.

I bet this is posted in bitcoin discussion before it was put here in economics.

The "halving" definition suddenly changed because of the answers of some users here.
It is supposed to be about the miners. The block reward will be cut in half. That is the real definition of it, sadly I didnt read much but it is all about the price, etc etc, financial, monetary, blah blah.  

Here is what could happen after a cut of half in block reward.
Obviously, the value should get higher because the miners reward are getting smaller. They will need to pay for their bills right?
But that is unsure. The market will still tell how much per bitcoin is.

If there is no profit though or even ROI, then we might lose our miners and then the effects. How could our transaction flow in if there will be no confirmation?
Although, the difficulty will be dropped and new miners could get in, it will still take time which we dont like right? Slow transaction is a pain in the ass.
It will make you worry about where your bitcoin is.

Ok you got me beat on that chart, not seen that one before and I've seen a million possibly.     The clearest points here might be that BTC is older then LTC and each half of the block reward is less important then the last as there more BTC already produced the reduction is diminishing in importance.    We are into the territory of fees mattering now to mining rewards where as five years ago fees meant really nothing or thats how I remember it.

Also with every point observable on BTC the price is connected via a spring, its not direct.    I fully expect price to be more positive before halvening then after because anticipation promotes speculation, that then becomes more important then the event itself.   As always the price gets ahead of itself and then if we go back to the first point the bulk of BTC has already been issued and that weight like a Jenga block game and how it shifts to sell or buy, its way more important then this blip in block rewards.   Compare the two numbers, the amount of BTC liquid available to be sold into buy orders and that alteration to block reward.
   On the event timing itself almost nothing occurs, a year later yes some change happened so its perception vs reality and people go OTT.   If LTC was disappointing, correct observation would be to return just before BTC halvening and draw a conclusion; at present you are observing speculators not the news or fundamental change itself; thats what I strongly suspect.

The stock to flow ratio charts are a beautiful thing when it comes to the halving effect. I highly recommend the following reddit chart to fully understand the impact of the bitcoin halving.

https://medium.com/@AJC241469/on-bitcoins-convergence-simplified-part-1-3e521b0b1515

There is what "expected" of bitcoin price is expected and there is also what not expected of bitcoin but a shocking result could be. Now, we all know bitcoin is expected to go up, it is simple math, if the bitcoin cost right now is 8200 per bitcoin and the price is 8800 or whatever at this current moment that means bitcoin will be halved and the cost will be 16400 and the price needs to be higher. So, that is the easiest option there is, it is quite simple and everyone would expect that to happen.

What people are forgetting is that difficulty is what matters and just like trader whales there are miner whales so one may literally mine for as cheap as possible and make a loss and kill all competition so they could mine cheap and the price will fall because of that.

Take the risk and hold your coin, once the market bounced back it will bring a huge jump. Halving will take the market to another rise
and from that it will be more in realistic figures, you need to take what you fully understand not to harmed your investment if the downfall
still happened. There's no accurate time frame, always be optimistic and you can take the long ride for this investment business.

The dip of LTC instead of going up after halving I guess is related not to the community, there had been reports that Chinese likes this  altcoin. But I think the case if very different from BTC knowing its paired to almost all altcoins which anyone with a shitcoin can switch their funds to BTC unlike LTC.  Basically BTC is the base currency in crypto.

My biggest concern is, literaly everybody is awaiting a bullrun. Some expect 50k, some 100k and others a million. And what does bitcoin do most of the time? The opposite. I hope for a new ATH but my worries are there.

We can somewhat picture out on what happened on LTC halving to BTC halving where it can really be possibly going on the same path but we know that supporter of both
coins is totally different when it comes to numbers.We cant precisely tell yet that BTC halving will guaranteedly give out bull run  effects because it can also possibly
experience the same situation on what LTC did previously.Ive been telling this to these kind of question for some numbers now that the future is uncertain and it doesn't
mean that we have seen that theres price increase in the past it will surely happen on the future - theres no such thing like that.

So far all the past halving proves us right until now that there are a lot of things to expect from the coming halving like the price increase, there are still no halving in the history that Bitcoin's price drop after the halving or it does not have an impact, we must not compare this to Litecoin, each coin has a different supporters, development and so far Bitcoin never fails it's investors, comparing it to Litecoin after halving effect is like creating FUDS.

There's a 6 months price comparison from the last 2 halvings before it takes place and It shows an upward trend. So, I have to agree with the mini bullrun while approaching close to halving in a 6 month span.
While on the latter Bitcoin tends to set another ATH just a year or more after the halving.
The only thing that keeps bugging the speculators right now is the possible price range which Bitcoin might land, thus making them skeptical on whether they will trust their intuition or not.

To be exact: (https://www.bitcoinblockhalf.com/)


Well it's hard to compare the two though, Also you have to understand that the price wouldn't go overnight. Bitcoin's last block halving happened in 2016, but the eventually all time high was not realised around December 2017.


Bitcoin could reach a new milestone but it will take years after the scheduled halving next year patience is the key here.

the price increase caused by halving is speculation carried out because seeing the previous halving makes crypto prices go up. In this case, the thing to note is that this is only "speculation". In 2016, halving bitcoin happened, and the price went up significantly in 2017. So, in general, we don't know when halving will make the price of a crypto go up.
halving that happens in the coming year may not directly affect the price of bitcoin, but it takes time or the same as what happens to litecoin at this time.

nothing affects the price of LTC after halving, but it might affect when BTC halving, please read my message here about the analysis after halving, let's use logic to find out the effect of bitcoin halving

I will give an example, if you have money around $ 10k and bitcoin prices when halving around $ 10k you only get 1 BTC, after a year after halving then bitcoin touches $ 100k what is your profit? if selling it of course only $ 90k from your capital $ 10k!

what if you buy altcoin as an example of ETH, when halving bitcoin price is still around $ 200 / ETH, your capital is $ 10k of course you will get around 50 ETH, if a year after halving bitcoin, you see ETH touching above $ 5000 what is your profit?


remember that just as an example, so what's interesting when bitcoin is halving, of course many people choose to buy ALTcoin instead of Bitcoin when halving happens and it will have an impact on Altcoin, I hope you understand

As halving may happen on ETA date: 14 May 2020 22:59:54, the effect may be felt before and after it and possibly will slow down again afterward. As of now, it is still in accumulating range and will continue before the first quarter. There may be mini bull run prior to halving but not very significant IMHO. No. 3 above always happen, we should be cautious of this.
 

LTC cannot increase because the market still at the bear market, and it seems, litecoin needs more time before the price can increase, especially if the bull market comes. But I guess it will be different than what we will see with bitcoin because before and after bitcoin halving, bitcoin price can increase higher. That will trigger the market to change into the bull market, and when the bull market comes, not just bitcoin but the altcoin can start to increase too.

And maybe if the bull market happens, the litecoin price can start to increase higher as what we expect. The cryptocurrency will grow fast at that moment so that we will make a bigger profit than usual.

Bitcoin halving would have effects such as;
[1] Slower bitcoin generation, thus lower total supply,
[2] If demand does not deprecate, then supply won't keep up, thus prices would rise,
[3] There's an anticipated dump/price dip alongside with halving because of whales manipulating and taking advantage of the expected rise.

Probably halving will change everything by next year and the valur could rise up more than we might expect, and that is the reason to accumulate more and sell some altcoins to gain more satoshis.

And my prediction could be the value might hit maybe by 20k - 21k