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Topic: Count down to Bitcoin halving. - page 4. (Read 690 times)

legendary
Activity: 1708
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December 08, 2023, 09:19:43 PM
#28
Bitcoin already shows it potential every halving after this event you will expect another pump from the market people always want to seeing this to check the opportunity but if you are already experience from the previous you know already that you don't need to wait for the halving timer and grab the opportunity for the every market dumps if you are in the long term goal and just sitting and relax to wait for the next ATH of the market.
member
Activity: 378
Merit: 26
Be Happy ☺️
December 08, 2023, 09:03:20 PM
#27
Yep waiting for bitcoin halving. Halving is near and we all are still waiting for it. I am waiting for halving because I am new investor and in invest small amount I can effort. The price of bitcoin will touch the moon after halving that's the reason for waiting for halving. Halving is soon hold buddy as you can..
sr. member
Activity: 882
Merit: 326
December 08, 2023, 08:43:02 PM
#26
If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market? Of course, the influence of the halving is no longer very significant on price increases. And only mass adoption and use in the real world can influence prices because the more bitcoins are bought or used, the more demand there will be.


I'm sure this time Bitcoin's halving will still be able to print ATH.
I very well agree with you on this,  because the current Bitcoin supply is well enough to accommodate the current Bitcoin market demand and at that, just 2 million plus left Bitcoin can only make no significant effect on Bitcoin price so for sure we may have to wait longer after the bitcoin halving to see the next Bitcoin all-time high price and also we have to wait 6-9 months after bitcoin halving in the last before recording all-time high,  but now I don't know how that may be now that the current unmind Bitcoin is very low.

But let's see how all that goes because according to the timeline it is expected to see the block divide around April so for that the current Bitcoin state where the market is showing bullish sentiments.

However, I still believe in the halving tradition even though the increase in Bitcoin itself also has many factors. Sometimes there are many updates to Bitcoin and its network to make it better and more efficient when entering the halving area which can increase investor interest.
hero member
Activity: 3052
Merit: 685
December 08, 2023, 02:39:35 PM
#25
Thank you for the link but I guess there's no need to trace and monitor the timer since we all know that bitcoin moves unpredictably. Yes, it may help a little but it could be inaccurate at some point. As long as we have maximum investment with bitcoin in our portfolio, that is the most important thing. Just don't get tempted selling when bitcoin price surge because for sure there will be price surges and price skyrocketing even after bitcoin halving. Patience is the key.

Bitcoin halving now becoming imminent. And it's good everyone is excited to see it, except for those who have not decided to invest in bitcoin up to these days because of fear of losing.
hero member
Activity: 1414
Merit: 670
December 08, 2023, 02:17:41 PM
#24
~snip~
As we all know when ever Bitcoin halving is around the corner, there is always a surge in Bitcoin price from its current price to a higher one.
Yeah obviously, I believe that Bitcoin will be hitting Ex-ATH before Halving because the ETF approval is a good sign for a Bull player. Because Bitcoin ETF approval will lead to mass adoption of Bitcion all over the world and I hope that before halving, Bitcion might be hit his previous ATH, and with halving the bull player may carry the price to 150k or 180k.
Moreover, a fake ETF approval date can bring up a 2–3% correction, so when a real announcement happens, Bitcoin can easily make a huge gain before halving because if the SEC gets the approval of the Bitcoin ETF, a lot of money and big game players can come to the market automatically, which can cause a rise in the Bitcoin price. So therefore, I believe that Bitcoin ETF approval will bring a rise in the Bitcoin price. It's a comforting and gratifying thing for Bitcoin enthusiasts if they've invested well in a bear market.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
December 08, 2023, 01:59:01 PM
#23
I've seen so many bitcoin halving countdown on different sites and it shows that they have a different time on every each of them. I guess that they are all estimates of the bitcoin halving. I'm personally not much exited about the halving to be honest as I experienced it a few times already, the thing that makes me exited is the possibility that bitcoin price can drop after the bitcoin halving. I know that it would be the last chance to accumulate bitcoin as much as I can on it's lowest price possible before bull run, so yeah, I'm anticipating a price dump after halving and I'm currently preparing my moon bags to be filled.

I’m sure different countdowns have different methods of trying to predict the exact time of the halving. It isn’t an exact science though. Things like luck and network growth play a little part in determining exactly when it will happen. I think like you it is also possible the price will drop immediately after the halving when people realize it takes a year or 18 months for the market to peak once the new supply is halved.
legendary
Activity: 2492
Merit: 1145
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December 08, 2023, 12:30:32 PM
#22
I've seen so many bitcoin halving countdown on different sites and it shows that they have a different time on every each of them. I guess that they are all estimates of the bitcoin halving. I'm personally not much exited about the halving to be honest as I experienced it a few times already, the thing that makes me exited is the possibility that bitcoin price can drop after the bitcoin halving. I know that it would be the last chance to accumulate bitcoin as much as I can on it's lowest price possible before bull run, so yeah, I'm anticipating a price dump after halving and I'm currently preparing my moon bags to be filled.
full member
Activity: 448
Merit: 205
Duelbits.com
December 08, 2023, 11:57:54 AM
#21
Investing in Bitcoin at this moment in view of the halving and preceding bull market should be done with every form of intentionality, this will means if you must maximize the outcome of this cycle, you must be projecting in the long term, that way you get less effect from volatility, price surge and market sentiments. But if you are projecting in the short term, you get to feel every of these moves in the market, the long term keeps you at a bearish advantage, because the totality of every movement in the market leads to a further rise in the price of Bitcoin.

The total dynamics of Bitcoin is mostly characterized in a bullish manner if only the cycle is understood properly and investment made in such projection and that is why it's important you use funds you are hoping to make use of after a long time to invest in Bitcoin so you will be able to properly maximize profits
hero member
Activity: 700
Merit: 577
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December 08, 2023, 11:11:17 AM
#20
The prediction of the halving is from April 2024 and the time is still far but we can accumulate more to our portfolios. It is good that you remind us the forthcoming halving and also encouraging us to buy and store Bitcoins for the bull run that is coming. For now the price slow in the rising side and the reducing side unlike the past few days when the price was skyrocketing and it was making people to be smiling and others were angry because they have not gotten enough.

That what all are waiting for. The new all time high will be the time many will sell their Bitcoin and settle scores with debtors and bills. New millions will be made.
sr. member
Activity: 728
Merit: 421
December 08, 2023, 10:18:01 AM
#19
It would also be nice to keep track of the halving count down and activities...
A countdown runs to zero, it indicates an action is meant to take place after the countdown elapses. What is the countdown meant for? Keeping track of when the halving is meant to happen can help you maintain discipline and stay more committed to gathering more bitcoins for yourself since you know how limited the time is. But should the Halving be the target to hold bitcoins up to? NO!

There is a life after the halving, a life where bitcoins will still exist, we also have to plan on what action we will take during the halving to ensure we still have bitcoin after.

Count down usually is of good importance because that looks like a reminder of a particular event to occur at a particular time as the case may be. Bitcoin halving is an event as you have said and very much important in the Bitcoin community but however, that does not really mean it to trigger a spike in Bitcoin price but probably it could be that way. So many enthusiast would take the opportunity of bagging more with the mindset of price increase which does not happen instantly.

I think you have an idea In your last paragraph of life after Bitcoin and this is what people don't realise till the halving is over and they fail to plan and prepare for the aftermaths of the halving.
legendary
Activity: 1498
Merit: 1116
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December 08, 2023, 09:23:30 AM
#18
It would also be nice to keep track of the halving count down and activities...
A countdown runs to zero, it indicates an action is meant to take place after the countdown elapses. What is the countdown meant for? Keeping track of when the halving is meant to happen can help you maintain discipline and stay more committed to gathering more bitcoins for yourself since you know how limited the time is. But should the Halving be the target to hold bitcoins up to? NO!

There is a life after the halving, a life where bitcoins will still exist, we also have to plan on what action we will take during the halving to ensure we still have bitcoin after.
legendary
Activity: 2380
Merit: 5213
December 08, 2023, 09:22:54 AM
#17
we are likely to see it coming within the first half of the year 2024 and am not sure if the specific date is yet announced where it will took place precisely.
Announced? Who should announce that?

Take note that there is no way to know the exact time of halving and there is nothing to be announced.
All we know is that the halving will be at block number 840000 and we can only have estimates on when that block will be mined.
hero member
Activity: 1442
Merit: 775
December 08, 2023, 09:14:56 AM
#16
Bitcoin Halving is definitely coming next year and we are precise about it, this is a period where the market goes more profitable because it's highly volatile after the incident of the halving has taken place, when we hold, we are part of those positioned to experience the same opportunity that comes with bitcoin Investment to this period, we are likely to see it coming within the first half of the year 2024 and am not sure if the specific date is yet announced where it will took place precisely.
This halving seems to be very interesting with rumor that Bitcoin Spot ETF applications from companies in the USA. will be approved in bulk. The matter is will SEC. approves those applications and rumor is if SEC make approval, it will not be for a single application, one by one, but will be in bulk to give fair competition for those companies that submit their applications to SEC.

I believe without Bitcoin Spot ETFs in the USA. Bitcoin will have its bull run with effects from halving. Bitcoin Spot ETFs will only be catalyst for the bull run but it is not most important contributor for it. I like others, want to see Bitcoin Spot ETF approvals.
hero member
Activity: 812
Merit: 560
December 08, 2023, 09:10:48 AM
#15
It would also be nice to keep track of the halving count down and activities and to do that, the link below can help you out by taking you to the coin market cap page where it is visible to see.

Bitcoin Halving is definitely coming next year and we are precise about it, this is a period where the market goes more profitable because it's highly volatile after the incident of the halving has taken place, when we hold, we are part of those positioned to experience the same opportunity that comes with bitcoin Investment to this period, we are likely to see it coming within the first half of the year 2024 and am not sure if the specific date is yet announced where it will took place precisely.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
December 08, 2023, 08:59:47 AM
#14
If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market? Of course, the influence of the halving is no longer very significant on price increases. And only mass adoption and use in the real world can influence prices because the more bitcoins are bought or used, the more demand there will be.


I'm sure this time Bitcoin's halving will still be able to print ATH.
I very well agree with you on this,  because the current Bitcoin supply is well enough to accommodate the current Bitcoin market demand and at that, just 2 million plus left Bitcoin can only make no significant effect on Bitcoin price so for sure we may have to wait longer after the bitcoin halving to see the next Bitcoin all-time high price and also we have to wait 6-9 months after bitcoin halving in the last before recording all-time high,  but now I don't know how that may be now that the current unmind Bitcoin is very low.

But let's see how all that goes because according to the timeline it is expected to see the block divide around April so for that the current Bitcoin state where the market is showing bullish sentiments.
legendary
Activity: 2380
Merit: 5213
December 08, 2023, 08:48:06 AM
#13
In April next year, there will be halving at block 840001 if 10 minute block reward is used to calculate it.
The block reward will be halved at block number 840000 not 840001.
In other words, the block number 839999 will be the last block in which 6.25 new bitcoins will be generated and the block number 840000 will be the first block in which 3.125 new bitcoins will be generated.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
December 08, 2023, 08:10:56 AM
#12
It would also be nice to keep track of the halving count down and activities and to do that, the link below can help you out by taking you to the coin market cap page where it is visible to see.


https://coinmarketcap.com/

Click on the Bitcoin halving at the front page, there you would see the halving details.
Is any link needed? Probably some newbies can see it useful. As for me, I do not need to see those halving link, there are many of them online.

What I do is to track the block. The block to halving is block 840000, we are on block 820261 now. In April next year, there will be halving at block 840001 if 10 minute block reward is used to calculate it. It is as easy as that.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
December 08, 2023, 07:41:00 AM
#11
Thank you for this, after all, it will help the new ones in the crypto space and those who are new to BTCT. Yet, I implore everyone not to go for a specific halving time, there are slightly days different in many places, so it's wise not to believe it's going to be a particular day.

Also, halving itself is not the reason why people buy cryptocurrency but the sentiment that is attached to it, this is why it will might not make Bitcoin achieve any tangible bull run on that day, nonetheless, the post effects will happen most weeks and months after. There are pre-halving effects also, which is partly what we are seeing now in the Bitcoin market, more is to come or not come, and I believe that it would be fine if we plan our trading and investments appropriately. But for the fact that Bitcoin is almost $45,000 even before the halving of 2024, I wonder what would happen after the halving next year.

A situation like this has never happened with all the past charts I've ever studied about it and the halving subject, only time will tell us what will happen with the coin this time.
full member
Activity: 725
Merit: 142
December 08, 2023, 07:32:10 AM
#10
As the count down to Bitcoin halving continues I feel I should put it up here for all to see and take every necessary and relevant steps to fill their bags as time permits. As we all know when ever Bitcoin halving is around the corner, there is always a surge in Bitcoin price from its current price to a higher one. As it stands now, we all know that the Bitcoin market is heading for a bull because of lately, there have been increase in Bitcoin price which has been long expected by the Crypto community.

There is a lot of panic amount people that are willing to stack up their bags ahead of the bitcoin halving that is coming up and the bull run that is expected to also take place and mark a new all-time high of bitcoin. FOMO shouldn’t make anyone to borrow money or use money for other important purpose and put into bitcoin. Bitcoin is said to be volatile but can make you rich in the long term if you save ahead for the bull run.

At the moment, bitcoin have been on an uptrend but don’t make FOMO to make a mistake to invest when you’re not ready for it. Take your time, use DCA to keep accumulating. Even after the halving is not still a bad time to invest as bitcoin wouldn’t have marked a new all-time high yet. It is better to invest steadily without a cut rather than investing and still taking out of the investment to solve personal financial issues again.

Quote
Hopefully, this forth coming halving would trigger a new all time high as the case maybe and as such the market is still early to enter. While doing this, use funds you can afford to lose as no one can predict the direction of the market.

The market direction can’t be predicted, but when investing in bitcoin using the term “what you can afford to lose” shouldn’t be attributed to bitcoin but rather “what you can afford to invest for the long term”. Bitcoin investment is proven to be profitable in the long run, so that term doesn’t befit bitcoin investment more but it can be used for altcoins that mostly don’t make it in the long run for profitable investment.
FOMO here and thee. So many topics regarding bitcoin and the halving and also what would be the outcome of bitcoin after the halving. Seems no one is talking about the acceptance of the Bitcoin ETF we are expecting next month. Or have we lost hope that the application would not be accepted? However, only those who have not bought bitcoin earlier this year or last year would be panicking this period and struggling to buy even if it is a small amount. There have been awareness advising people to buy bitcoin since last two years and people took the advantage and got prepared for it while some persons where ignorant and did not buy. I would be here to see people that will benefit and be happ. Also ill not miss to see those who will regret because they did not participate earlier.
legendary
Activity: 1596
Merit: 1288
December 08, 2023, 07:17:57 AM
#9
The timer is inaccurate and predicts base on time, but this prediction cannot be accurate, or at least to an error standard of hours, and the error may extend for days, so watching and tracking the history of Bitcoin halving is useless because it is the timing that is predicted and because its effect on the price is long-term. Therefore, even after several months of halving, the price may be in a good range that enables you to easily double your money before we reach ATH next year.
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