Countdown to the 4th Bitcoin halving.. what should we expect?

boyptc

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Quote from: Yaunfitda on April 20, 2024, 04:06:36 AM

Quote from: boyptc on April 19, 2024, 06:47:28 PM

Excited but it's not that exciting anymore compared before because you know, you have the idea on how it is going to do after several months of wait.

Quote from: taufik123 on April 18, 2024, 03:19:42 PM

Doing DCA a few months ago will certainly provide more benefits, it will look bigger when the new ATH is reached.

This is the exciting part.

Waiting for how high Bitcoin is going to be after the halving, it's all set that we'd see a new ATH although we've seen it already before halving comes.

And the effect will not be immediately felt, it will take several months after the halving that the price will take on dramatic rise, and we could be seeing like at least 6 digits for this halving. One thing to note though, after this halving, the transaction fees has increase so much. This could be that just miners pulling the plug, or it's because of the Runes protocol, not sure about that. Nevertheless, if we take out that issues, yeah, pretty much we area all looking as what to be the new all time high. So far the price is stable at $64k-$65k. And good now for those who have DCA for years, and so they could just have sit down and relax and see how everything goes. Or better yet, just continue to accumulate even if we are in the bullrun.

Yes, effect won't be immediate.

This is a long game and everyone who are new to this need to be patient. If you're not patient and you're expecting it to happen asap, you're expectation won't happen.

You need to be patient and things are going to be surprisingly high when you've got that patience that the market is requiring us.

Yaunfitda

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Quote from: boyptc on April 19, 2024, 06:47:28 PM

Excited but it's not that exciting anymore compared before because you know, you have the idea on how it is going to do after several months of wait.

Quote from: taufik123 on April 18, 2024, 03:19:42 PM

Doing DCA a few months ago will certainly provide more benefits, it will look bigger when the new ATH is reached.

This is the exciting part.

Waiting for how high Bitcoin is going to be after the halving, it's all set that we'd see a new ATH although we've seen it already before halving comes.

And the effect will not be immediately felt, it will take several months after the halving that the price will take on dramatic rise, and we could be seeing like at least 6 digits for this halving. One thing to note though, after this halving, the transaction fees has increase so much. This could be that just miners pulling the plug, or it's because of the Runes protocol, not sure about that. Nevertheless, if we take out that issues, yeah, pretty much we area all looking as what to be the new all time high. So far the price is stable at $64k-$65k. And good now for those who have DCA for years, and so they could just have sit down and relax and see how everything goes. Or better yet, just continue to accumulate even if we are in the bullrun.

red4slash

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Quote from: taufik123 on April 18, 2024, 03:19:42 PM

Quote from: red4slash on April 18, 2024, 12:07:16 PM

-snip-
it has already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine our target If we buy DCA and are consistent enough since the decline from a few months or a year ago, we have already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine the point where we will enter and where we will exit the investment cycle that we do.

This is what people often overlook, their ultimate goal of holding Bitcoin or any other crypto is still unclear.
The main target should certainly be achieved, even if it is before or after the halving,

But now let's see if the main target is a new ATH then after $73k it will be a new higher ATH,
this becomes the price to exit or sell part of the holding.

Doing DCA a few months ago will certainly provide more benefits, it will look bigger when the new ATH is reached.

And don't hold back long-term without an end goal or price target to achieve, because we won't hold back for life.
Investment to make a profit, not to wait to die, unless The asset is used for inheritance, then it will be different.

IMO for now there are 2 conditions where investors are still confused about determining their final destination where they are confused about determining the point at which they will exit because they are busy choosing the vulnerability of time or the amount of profit that must be passed even though this is important because however, even though bitcoin is a good part and indeed cannot be denied its popularity and progress but we are also not forever in bitcoin so indeed we must be able to take advantage of this for profit in the end.
I personally am a person who takes the option where the profit is determined by my target price and the plan is still the same where $100k is still the goal so no matter what the current conditions are and the current price movements i don't care too much about it instead i do it by buying back where the DCA method that is always discussed is still very useful until now and there is no doubt about it.
As long as the price has not been reached i will still do the same thing as i usually do but if the price is reached then i'll definitely realize my plan regardless of before the halving or after the halving it doesnt matter .

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Quote from: pawel7777 on April 18, 2024, 11:17:13 AM

Only ~1 day and 10 hours to go.
I feel this is not celebrated as it should be on this forum. For one-in-four-years event that historically preceded massive pumps, I'd expect to see some celebration topic, contests etc, but I don't I don't think there's anything special going on. Feel free to correct me if I'm wrong.

Then again, I shouldn't be expecting others to do the work. I could've done something myself, but lacking on time and ideas...

Everyone have the desirable amounts and risks surrounding him or her, he should simply call it a wrap after this hame. We have thoughts regarding bitcoin halving happening in few hours from now, normally I've witnessed it to be promising and forgers about the staging phase of the market. Everyone worked hard enough to obtain excellence in the space but we always know what's coming for us and ensuring to have option B which is seem as the backup plan for everyone.

boyptc

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Excited but it's not that exciting anymore compared before because you know, you have the idea on how it is going to do after several months of wait.

Quote from: taufik123 on April 18, 2024, 03:19:42 PM

Doing DCA a few months ago will certainly provide more benefits, it will look bigger when the new ATH is reached.

This is the exciting part.

Waiting for how high Bitcoin is going to be after the halving, it's all set that we'd see a new ATH although we've seen it already before halving comes.

cr1776

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What should we expect? Probably not a lot. Kind of like all of them. :-)

Richbased

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Quote from: adultcrypto on April 18, 2024, 12:04:32 PM

Quote from: pawel7777 on April 18, 2024, 11:17:13 AM

Only ~1 day and 10 hours to go.
I feel this is not celebrated as it should be on this forum. For one-in-four-years event that historically preceded massive pumps, I'd expect to see some celebration topic, contests etc, but I don't I don't think there's anything special going on. Feel free to correct me if I'm wrong.

Then again, I shouldn't be expecting others to do the work. I could've done something myself, but lacking on time and ideas...

I guess most of the celebrations were already done during the ETF approval which was considered a major milestone for bitcoin. This years halving is unique because it is being preceded by a bull run followed by a major retracement before the market is recovering gradually. The significance of these incidents is that the halving might not immediately cause a major rise in price. The market will be racing to first break the current ATH as first target then from there it will decide the future course. Therefore, if there will be major moves, it will be in the later and not immediately after halving although things can still change.

Exactly, during the approval of spot Bitcoin ETFs by the United States SEC, despite some of the controversy that surrounded the approval but yet people were literally happy because of the approval and this move made investors optimistic about the halving and the bull run this circle.

Though I haven't witnessed the event of the halving before but merely hearing about the halving by some members here made me to be more inquisitive about it so I am literally excited that the long awaited halving is almost here in less than 48 hours so it will be another dimension of Bitcoin reaching another milestone after an ATH was created initially which was the first time ATH has surpassed the previous one before halving, a lot is expected though from what someone who have been in the crypto space for close to a decade told me that when the halving occurs, the price of Bitcoin experiences a sudden dip and afterwards increases and the bull run begins after. What I don't know is if it will be advisable to buy if the price of Bitcoin falls during the halving?

taufik123

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Quote from: red4slash on April 18, 2024, 12:07:16 PM

-snip-
it has already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine our target If we buy DCA and are consistent enough since the decline from a few months or a year ago, we have already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine the point where we will enter and where we will exit the investment cycle that we do.

This is what people often overlook, their ultimate goal of holding Bitcoin or any other crypto is still unclear.
The main target should certainly be achieved, even if it is before or after the halving,

But now let's see if the main target is a new ATH then after $73k it will be a new higher ATH,
this becomes the price to exit or sell part of the holding.

Doing DCA a few months ago will certainly provide more benefits, it will look bigger when the new ATH is reached.

And don't hold back long-term without an end goal or price target to achieve, because we won't hold back for life.
Investment to make a profit, not to wait to die, unless The asset is used for inheritance, then it will be different.

JollyGood

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You have posted twice after creating this thread, now there is not much more that you can offer this thread. The repeat and rinse questions are asked quite often but it does not stop members from creating new threads about the same old questions. It seems as though the primary am was to fish for merits under the guise of a genuine question and keeping that in mind it does not really warrant a response.

Having said that, let halving occur and study the effects later. I doubt it will affect you in any capacity because yu are most probably not a miner (and probably not a trader either).

Quote from: Iamcrypticguy on March 25, 2024, 10:36:46 AM

What's your take on this?

red4slash

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Quote from: taufik123 on April 10, 2024, 06:02:48 AM

But are we ready for this halving?
What has been prepared in our bags, and how much is it?
This will determine how much we profit later.

Nowadays, asking whether we are ready or not is too late because the Halving is just counting the days and even hours so whether we are ready or not, we have to face it as for the problem of the portopolio that we have and how much profit we expect I think for now we just have to wait and determine where our target is because if in the end it comes out in the current zone even if at first we bought DCA and were quite consistent since the decline from a month or a year ago it has already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine our target If we buy DCA and are consistent enough since the decline from a few months or a year ago, we have already made a profit and it can be done to get out if we really want it because the profit in investment I think it is determined by ourselves where we will determine the point where we will enter and where we will exit the investment cycle that we do.

adultcrypto

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Quote from: pawel7777 on April 18, 2024, 11:17:13 AM

Only ~1 day and 10 hours to go.
I feel this is not celebrated as it should be on this forum. For one-in-four-years event that historically preceded massive pumps, I'd expect to see some celebration topic, contests etc, but I don't I don't think there's anything special going on. Feel free to correct me if I'm wrong.

Then again, I shouldn't be expecting others to do the work. I could've done something myself, but lacking on time and ideas...

I guess most of the celebrations were already done during the ETF approval which was considered a major milestone for bitcoin. This years halving is unique because it is being preceded by a bull run followed by a major retracement before the market is recovering gradually. The significance of these incidents is that the halving might not immediately cause a major rise in price. The market will be racing to first break the current ATH as first target then from there it will decide the future course. Therefore, if there will be major moves, it will be in the later and not immediately after halving although things can still change.

qwertyup23

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I have been a member of this forum since 2017 and I have experienced two (2) halvings. I really regretted in the past on not investing and taking advantage of such opportunity.

By basing it solely on the price history of BTC, you would observe that the price skyrockets whenever the halving happens. With this, I am somehow confident that the price would at least increase within the next few days or weeks after the halving. Since I know better, I am relatively ready with some of my BTCs that I HODLed and I also want to maximize this opportunity to avoid any regrets like what happened in the past.

At the end of the day, BTC is an investment- while there are no guarantees even if we based it on its price history, the fact that the halving may soon happen means this would be an opportunity for me that I will definitely not miss to exercise.

pawel7777

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Only ~1 day and 10 hours to go.
I feel this is not celebrated as it should be on this forum. For one-in-four-years event that historically preceded massive pumps, I'd expect to see some celebration topic, contests etc, but I don't I don't think there's anything special going on. Feel free to correct me if I'm wrong.

Then again, I shouldn't be expecting others to do the work. I could've done something myself, but lacking on time and ideas...

taufik123

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Quote from: coolcoinz on April 09, 2024, 02:27:54 PM

-snip-
The halving is going to be a normal day, like any other. It doesn't directly influence the price and it can't go wrong, like bug the blockchain or make it stuck so that no transactions are processed.
The only thing it will do is change the reward which in the long run will make miners hold on to their coins because every new bitcoin is going to be harder to obtain and more expensive.

Many people are indeed very excited to look forward to this halving, and I am also excited to see what effect it will have on this halving.
We have already seen how the Bitcoin price reached a new ATH before the halving, and this is the first time.

Halving side effects will not occur immediately, but will take place gradually.
The market is getting bullish, and user confidence is increasing and of course many investors are starting to enter.

But are we ready for this halving?
What has been prepared in our bags, and how much is it?
This will determine how much we profit later.

coolcoinz

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This whole talk where people ask what's going to happen reminds me of the millenium where people a bug would manifest itself exactly when all automatic dates go from 1999 to 2000. They thought the network will get paralyzed and you won't be able to browse the Internet or make a phone call. People like to panic.

The halving is going to be a normal day, like any other. It doesn't directly influence the price and it can't go wrong, like bug the blockchain or make it stuck so that no transactions are processed.
The only thing it will do is change the reward which in the long run will make miners hold on to their coins because every new bitcoin is going to be harder to obtain and more expensive.

EarnOnVictor

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Quote from: Essential10 on April 06, 2024, 02:59:52 PM

Quote from: 2Pizza410000BTC on April 06, 2024, 12:49:44 PM

Bitcoin Halving Not Long To Go Bitcoin halving will begin in just a few days. I am very excited about this bitcoin halving. Currently I hold Bitcoin and will hold my investment until the next bull market. I have not only held my investment I am still constantly growing my investment using the DCA method. But I can't predict much about the market after this halving, but what I can predict is that after this halving, the market can go from $100,000 dollars to $170k dollars, but since the halving will happen in 2024, the Bitcoin market will reach a maximum of $90,000 in 2024 can position and is estimated to complete $100k to $170k dollars in 2025.

Yes Bitcoin halving will start this month. We are very excited about the current market value of Bitcoin and the market value of Bitcoin after the Bitcoin Halving. Even after the current market price increase, you are determined to hold on to your Bitcoins and you are sure to get good results in the future. The future of Bitcoin is hard to say but I think Bitcoin will cross $100k during the bull season at the end of the year. If Bitcoin is held until next year then Bitcoin can experience a doubling of its current value.

Yes, friend, we are all excited about the current price of Bitcoin, it performed beyond all expectations, and thanks to the ETF saga of last year against this year. As it is now, I must say that I am more concerned, because the current status of Bitcoin has not been achieved in the past when it comes to the coin hitting its former ATH again and holding above it before halving after overcoming the bearish season. I hope this is not more of a curse than a blessing, because it might initially cause some dips of the coin before helping it to move higher after finding strong support at a reasonable level.

Well, this is a view though, but people are buying and not willing to relinquish their Bitcoin, which is a means of encouragement but I doubt if this will last long if the bias is shifting seriously to the downside. Just like what happened shortly after the approval of the ETF when Bitcoin plummeted more than $10,000. Above all, the owners of Bitcoin should continue to HODL it, this is the situation where our patient would be tested once again and hitting $100,000 can never be denied in this bullish cycle. Even the $120,000 will likely be tested before the season is over.

Gladitorcomeback

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Quote from: blckhawk on April 07, 2024, 04:50:16 AM

short-term price fluctuations and price dumps are going to affect us no matter how much of a diamond hand hodler you are.

You are not a true diamond hand hodler if you are affected by short-term price swings. Roll Eyes

A person who believes in Bitcoin will never be bothered by short-term dips and corrections because they would know it isn't something permanent and it is always going to recover its price in the long run so there is nothing to worry about if you have invested your money and have planned to keep holding your assets for a long term.

Only those who are not confident enough about Bitcoin and its growth potential will feel worried and bothered when they see the market declining because they feel this might cause them losses even if they have initially planned to hold for long term, such situations might make them panic sell.

Mame89

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Quote from: Luzin on March 26, 2024, 01:52:20 AM

Quote from: tranthidung on March 25, 2024, 09:33:31 PM

Just some notes from market history, market can repeats itself or be different.

Historically, that should also be the case. But does this raise a bit of a question why this happened before the Halving? Whether that cycle will change I don't know. But in the current calculation, the halving target for this period in my opinion is above $100k. So I still hope there is an increase after there is a dumping that happens. The market also continues to change after the ETF is approved, the best way is to always be vigilant so that we do not lose the moment.

Yes that's right. Historically, every time or after a halving occurs, the price of Bitcoin always increases and it will definitely happen, we just have to wait for the time when that moment will happen. The reason is that the positive impact of this halving is quite difficult to predict exactly when the price of bitcoin will reach its highest peak, in other words it cannot be predicted.

However, if you look at the halving in 2014, 2017 and 2021, you can see very significant price increases and that is what makes the price expensive. So what I'm thinking right now is to continue doing DCA on bitcoin, so that our wishes after the halving are achieved. Because if we think about what we want first, we will be late, making us miss the moment. Keep collecting bitcoins before it's too late. Talking about everyone's wishes, the price will rise significantly, especially after the ETF is approved, it is not impossible that the price will reach $100k or even more.

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Quote from: blckhawk on April 07, 2024, 04:50:16 AM

Quote from: oktana on April 06, 2024, 07:48:12 PM

It’s a good thing. I am excited because this is how scarcity starts. The number of bitcoin mined keeps getting smaller and the one that is circulating keeps getting set around. As for price movement, don’t expect anything crazy. I’m not saying it can’t be crazy but don’t have the expectations because they could fail you. We’ve already seen an ATH and I’m not sure we’re going to see another ATH so soon. Even if we did, it won’t be so distant from what we have today.

Scarcity started a long time ago, the moment that it's written in the code that there's going to be only 21 million bitcoin, scarcity was already the decided feature that bitcoin contains. Don't let that excitement make you go crazy and not think logically, remember that this is the first time that bitcoin has reached it's new ATH before halving so we should expect a new situation happening when bitcoin reaches halving, I'm with the others that have responded about not expecting anything and that we should be flexible to whatever may happen next, it's a new thing for bitcoin so it's an unknown territory for us even if we believe that bitcoin will go up in the future and it will be it's only way, short-term price fluctuations and price dumps are going to affect us no matter how much of a diamond hand hodler you are.

I understand and agree with what you say, but I’m talking about a more intense scarcity. Like when people send coins to the wrong address and it never gets accessed anymore,and some will lose the access to their coins as well. All of these things add up to scarcity because what’s in circulation keeps on reducing (even if it’s super duper tiny.

AnonBitCoiner

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Quote from: Dunamisx on April 05, 2024, 12:58:16 PM

Everyone is eager to see what is going to be like on the occasion of the halving event, well, all i can say now is for us to do all we can while ensuring that we are investing and holding, because the market already is going unpredictable and we can begin to see the massive rise anytime from now, instead of us expecting what it may be like or look, we can have our hands on something that may give us opportunity over our investment on it, the earlier the better.

Halving is not very far and we can easily take benefit from it but if don't wait more and take our position whenever we have the chance. Little days have been remaining and price can ho higher anytime so if someone have money then invest now until it becomes too late.

Everyone is looking forward for the halving events but nobody has any guarantee that what will happen and at which extents the price will stops to grow. Invest early because at more lower price you invest more profitable you will be because halving will become a cause of bringing each coin to its peak.

Topic: Countdown to the 4th Bitcoin halving.. what should we expect? (Read 828 times)