BTC Halving Effect??? - page 5. | Bitcointalksearch.org

BrewMaster

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There is trouble abrewing

Quote from: Lirnan on November 10, 2019, 08:24:14 AM

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.

there is no obligations to rise so you can't say "should" here. people are speculating it will rise based on two things.
first is the previous two halvings that bitcoin had in the past 10 years. each of them had a big rise before the halving and after a month or two led to a huge rise.
and second is the fact that it slows down the production of bitcoin by 50% and that injection of new supply in the market changes the balance between supply and demand and can lead to a rise.

Quote

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.

you can not compare bitcoin with an altcoin.
bitcoin has usages hence "demand" while altcoins do not. so when their supply is halved there is no demand to help any rise. instead what halving of an altcoin does is that it reduces the earning potential of miners and as they leave the coin loses security and value over time.
there are also a lot of other things in play when it comes to altcoins such as their pumped bubbles bursting, their hype being over, ... and in case of LTC it is a copy of bitcoin so it really isn't something special to have that much potential!

TGD

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Wen Rolex?

It might be a double edge sword for bitcoin holders. It's undeniably that bitcoin might increase price because the difficulty of mining it will double so BTC supply growth will decrease and appling the supply and demand rule, BTC will pump but on the other hand, BTC miner might shift to other coin because it will be harder for them to mine BTC it will consume more power to mine same amount of BT that they are currently mining. If miners shift then its the end for BTC since no one will verify transaction, BTC blockchain will be clogged by pending transaction.

Wintersoldier

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Here's my understanding of how it works, those that will be affected negatively are the miners, their usual payment will be cut off in half, so instead of gaining the full amount of payment for the processes, it will then be halved. On the other hand, since the miner's fee is halved, they will sell their bitcoin at a higher price. As a result, hodlers of bitcoin will benefit from this demand as they will also sell their bitcoin at higher market prices.

cr1776

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The halving reduces the new supply of bitcoin by half. A decrease in new supply could result in an increase in price if demand remains the same since there are fewer new coins available to satisfy that demand.

Will it result in an increase in fiat price? No one knows for sure, however after the previous halvings the fiat price of bitcoin has increased significantly. Not immediately, of course, but that is probably because people are aware of the impact on supply and plan for it, then when it doesn't happen immediately they worry and sell.

So in short, no one knows the future and while it has happened in the past, there are no guarantees it will do so going forward. If you do believe in the benefits of a decentralized, censorship resistant, non-state actor control currency, payment system, and asset then whether or not the fiat price immediately rises is less important that what has happened over the last 10+ years.

The simple result of the halving is that if new supply decreases and demand stays flat (or increases), then the price will rise.

hugeblack

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Quote from: Lirnan on November 10, 2019, 08:24:14 AM

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?

This chart shows in a simplified manner the effects of Bitcoin halving in the past years.

You can read more here ---> Bitcoin Halving: Price Effects and Historical Relevance.
halving is one factor that may affect the price, but it will not have a direct impact, perhaps it will take more than a year.
So if you want to buy based on that factor, you should keep in mind that you will need patience for about a year or two.
The short-term effect can often be negative.

avikz

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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!

Lirnan

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Here's a three month chart showing the drop in price.
https://i.postimg.cc/ydz8sLYT/LTC-Halving-Effect.jpg

Lirnan

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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?

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