History repeats itself over and over again. Also, this is common knowledge amongst Bitcoin investors or holders. Those who have stayed long enough in the crypto space already know what's coming. It will happen, but the question is when. It could take a year all over a year for this to happen, but the main trigger is the Bitcoin halving.
Either you invest right now or some days before the halving, it really doesn't matter if you are willing to hold it for a long period of time. That is the point of Bitcoin investment. You hold long enough till you see gains. It's all about giving time to your investment and wait. No one can predict the future but it is true that history tells ask a lot about what's coming. We wait and watch it all coming to reality little by little.
Topic: CZ's view on Halving (Read 683 times)
If ppl were interested in what CZ was saying they would’ve taken the chance by buying bitcoin for the halving which’s coming soon. It’s a known fact there isn’t a fool proof formula that’s available which’s going to guarantee halving’s giving double or triple profits.
CZ is just saying what has happened in the past and also clearing the fact that it does not predict the future.
That's known to every bitcoin enthusiast. Key takeout from this is that we must buy bitcoin now while it's cheap.
HODL till it goes to the next ATH and that's how we are gonna make money. HODL is the important factor here.
That's known to every bitcoin enthusiast. Key takeout from this is that we must buy bitcoin now while it's cheap.
HODL till it goes to the next ATH and that's how we are gonna make money. HODL is the important factor here.
CZ is just saying what has happened in the past and also clearing the fact that it does not predict the future.
That's known to every bitcoin enthusiast. Key takeout from this is that we must buy bitcoin now while it's cheap.
HODL till it goes to the next ATH and that's how we are gonna make money. HODL is the important factor here.
That's known to every bitcoin enthusiast. Key takeout from this is that we must buy bitcoin now while it's cheap.
HODL till it goes to the next ATH and that's how we are gonna make money. HODL is the important factor here.
I don't know if the majority of the community in the crypto space is expecting it I'm hating to be on the opposite view. ATH isn't guaranteed to occur so you can't compare it to the previous halving. Investing's a risky thing so before ppl do it they've got to research or else they'll take a loss.
The only thing I'm sure of is that what ATH was this last halving will be higher this coming halving and bull season. And this is also what the majority of the community here in the crypto space is expecting.
In my own opinion about the next Bitcoin halving, I do not think we could experience some new ATHs again like what we have experienced after the 2020 halving. Maybe it can pump a bit but that’s not going to be that much anymore, but correct me if I am wrong later on.
It took like a few months before it broke the then-ATH of Bitcoin and soared up to $30k. Then Elon Musk enters the game and the BTC pump went crazy and wild due to his big influence as well as the rise of P2Es and memecoins too.
I am still holding BTCs for now so it would be interesting for us to see when the halving day comes and after that.
It took like a few months before it broke the then-ATH of Bitcoin and soared up to $30k. Then Elon Musk enters the game and the BTC pump went crazy and wild due to his big influence as well as the rise of P2Es and memecoins too.
I am still holding BTCs for now so it would be interesting for us to see when the halving day comes and after that.
CZ's point is what he said. Now, if you have a little doubt about the upcoming halving next year and it won't be the same as the previous halving, that's your opinion. It's just that at the end of the day, even if you have doubts, you still save and hold Bitcoin for the possibilities that can happen, right?
The only thing I'm sure of is that what ATH was this last halving will be higher this coming halving and bull season. And this is also what the majority of the community here in the crypto space is expecting.
^^ For those who have witnessed 2 halvings already, I think it's fair to say that CZ got it at point. I mean, currently we have a lot of noises already with that halving then coupled with the supposedly Bitcoin spot ETF approval.
Then days after the halving there will be no sudden and massive price increased, it will take days or months before we can finally see what bitcoin bull run really means, as the price will go up.
And then when you thought that we have seen the all time high already, then think again. The price could really explode in 2024, and we will surpassed the previous all time high of $69k. However, the price will continue to go up till the end of 2025.
Then days after the halving there will be no sudden and massive price increased, it will take days or months before we can finally see what bitcoin bull run really means, as the price will go up.
And then when you thought that we have seen the all time high already, then think again. The price could really explode in 2024, and we will surpassed the previous all time high of $69k. However, the price will continue to go up till the end of 2025.
If it's from CZ's Twitter he said history doesn't predict the future. Halving isn't a time that's going to make good profits it's a road full of risks. CZ's saying you shouldn't take it for granted you're going to see multiple ATH but that's what we should've learned already.
CZ shared his thoughts on bitcoin halving which is expected to happen in april 2023, the halving is a significant event for the cryptocurrency market. He said after halving bitcoin price will start growing and traders will get good profit as bitcoin reaches again it’s all time high price!
CZ is very right. I think new people have joined the crypto verse within the last 4 years, which literally means that large numbers of crypto ethusiast don't have halving experience. Halving news is gonna get more hotter as we drive closer to the very moment, which will put more pressure in the market, making most people want to buy more Bitcoin.
I think it doesn't matter if they have an experience about it or not. As long as they can follow the simple principles of investing which is to buy low and sell high, they are good to go already. They can also read about the history of crypto. That way they are aware of what have occurred in the past. So, how's that? I think it's true that halving can cause a positive impact in the cryptos, and that is why we notice that each halving, a lot of people are always excited about it.This is a good thing because it gives the price a good head start before the main even comes which will lead for a much bigger bump. People should buy now. I wouldn't want to wait to a point where the pressure is already high.
I think, in my opinion, bitcoin is also expecting a high ATH in the upcoming Halving, but this expectation means that before it is achieved, we will also have to face anxiety, hype, and hope. So if, for example, Bitcoin reaches 60,000 dollars during the halving period, it is possible to be x 2 for a total of 120k$.
This is seen as his prediction explanation for the upcoming halving, although he did not mention a certain amount of price. It seems like this is what he wants to emphasize, but I'm not sure.
This is seen as his prediction explanation for the upcoming halving, although he did not mention a certain amount of price. It seems like this is what he wants to emphasize, but I'm not sure.
CZ shared his thoughts on bitcoin halving which is expected to happen in april 2023, the halving is a significant event for the cryptocurrency market. He said after halving bitcoin price will start growing and traders will get good profit as bitcoin reaches again it’s all time high price!
Well, things would be different this time around. The last halving was quite different because what would have caused a drastic increase was ignorantly withheld.
The price of Bitcoin could be drastically increased shortly after the next year halving, if necessary. There is an overwhelming need for the increase, especially to avoid losing too many miners due to mining becoming unprofitable for them. They help secure Bitcoin even though we could still do without alot of them if the network is well decentralized.
I think we could just allow the low supply to determine the price next year, couple with deliberately creating high demand for bitcoins via our good contributions within the halving period.
The price of Bitcoin could be drastically increased shortly after the next year halving, if necessary. There is an overwhelming need for the increase, especially to avoid losing too many miners due to mining becoming unprofitable for them. They help secure Bitcoin even though we could still do without alot of them if the network is well decentralized.
I think we could just allow the low supply to determine the price next year, couple with deliberately creating high demand for bitcoins via our good contributions within the halving period.
I posted this on another thread, but it seems more appropriate here.
It seems to be pretty neutral at the moment. But everyone seems to think that the halving next year will trigger a massive bull rally, and this confuses me.
If everyone already knows about the halving, the wouldn't it be baked in? I seem to be the only one that thinks it ain't gonna make a difference in the price
It's not about what everyone thinks, it's about what they will do when the halving is near or has already happened because it's mostly the actions that affect the market and not the thoughts of people, the thoughts only provoke actions which in return change the dynamics of the market. As soon as people start buying more and selling less, the market will start going up because the demand will keep increasing while the supply will stay limited due to a smaller number of sellers than buyers.It seems to be pretty neutral at the moment. But everyone seems to think that the halving next year will trigger a massive bull rally, and this confuses me.
If everyone already knows about the halving, the wouldn't it be baked in? I seem to be the only one that thinks it ain't gonna make a difference in the price
That's why, what you are thinking isn't right, the fact that everyone knows about halving will make the changes more clear and effective, the more people come to know about it, we will have more curiosity and more hope and we all know that when there is hope, people tend to have high expectations and for their expectations, they put in some money as well.
In my own opinion about the next Bitcoin halving, I do not think we could experience some new ATHs again like what we have experienced after the 2020 halving. Maybe it can pump a bit but that’s not going to be that much anymore, but correct me if I am wrong later on.
It took like a few months before it broke the then-ATH of Bitcoin and soared up to $30k. Then Elon Musk enters the game and the BTC pump went crazy and wild due to his big influence as well as the rise of P2Es and memecoins too.
I am still holding BTCs for now so it would be interesting for us to see when the halving day comes and after that.
It took like a few months before it broke the then-ATH of Bitcoin and soared up to $30k. Then Elon Musk enters the game and the BTC pump went crazy and wild due to his big influence as well as the rise of P2Es and memecoins too.
I am still holding BTCs for now so it would be interesting for us to see when the halving day comes and after that.
It seems to me that such news could have a rather large impact on the price of BTC, not only because rich investors will be able to invest in BTC with one click of the mouse, but also because companies like BlackRock are positioned globally and enjoy great trust from their clients. If that company thinks that BTC is good for investing, some of their clients will certainly accept it.
Now the only question is how ordinary people perceive such a signal because they may not understand the difference between futures and spot BTC ETF.
They can make one click to buy and also can make one click to sell. Market will have many roller coaster experience with many news from companies like Black Rock. Not completely similar but they can have emotional actions like people were FOMO to buy or panic to sell with Tesla news in last bull run two years ago. Effects from Black Rock can be bigger than Tesla because they are investment companies, not like Tesla that is amateur in this field.Now the only question is how ordinary people perceive such a signal because they may not understand the difference between futures and spot BTC ETF.
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Honestly, I'm already used to the fact that anything can happen, so I won't be disappointed if something doesn't happen exactly the way we're speculating today, but it's better to think positively than negatively. In addition, Bitcoin has already proven itself so many times during its short existence, and it is realistic to expect that it will afford us many more pleasant surprises in the future.
Speculations don't need to be exactly correct. Only newbies believe their speculations will actually happen and make them rich. I agree with you that with more experience, Bitcoin investors will be more realistic and they will not try to find all time highs or bottoms. DCA for accumulation as well as for profit taking.A good plan for investing and taking profit.
(SSS) - A Sane and Simple bitcoin Savings plan.
Yeah I saw the pump and dump, but next time when it happens I don't think that its going to be that big (at least not in the short term) as price didn't come back to the one before that fake news meaning people are really expecting it.
It seems to me that such news could have a rather large impact on the price of BTC, not only because rich investors will be able to invest in BTC with one click of the mouse, but also because companies like BlackRock are positioned globally and enjoy great trust from their clients. If that company thinks that BTC is good for investing, some of their clients will certainly accept it.
Now the only question is how ordinary people perceive such a signal because they may not understand the difference between futures and spot BTC ETF.
That's true. I mean, I don't wanna sound pesimistic, but I just don't wanna hype myself and then be disappointed when it happens and that doesn't affect the price as much as I hoped it will.
Honestly, I'm already used to the fact that anything can happen, so I won't be disappointed if something doesn't happen exactly the way we're speculating today, but it's better to think positively than negatively. In addition, Bitcoin has already proven itself so many times during its short existence, and it is realistic to expect that it will afford us many more pleasant surprises in the future.
Why do we need CZ's view on the halving? Sure, he has his exchange, but he is a trading software dev. Not a Bitcoin expert.
Freedom of speech? We are in in the internet world LOL. Anybody can say whatever they want. Did you just used the internet yesterday? Nobody needs CZ's view on the halving, but he has the freedom to share it online. It's up to us people if we follow it or not. We don't need to be a Bitcoin expert in order for us to share whatever we wanted to.Nobody should be placing such large amounts of trust in the words of the rich and famous. The words of an expert in Bitcoin would weigh much more than that of an expert in developing trading software. Honestly, if you ask me, DeFI is a better alternative- if you absolutely need to daytrade. Slightly more expensive, sure. But no KYC. 
And all you have to do for that is ask someone on Bitcointalk.org.
Lotta tech and finance experts here who can explain the halving and its effects in much brighter detail.
The ones who might put trust in his words are those newbies out there who has no idea what they're going to do thus, they will just follow what a famous person is saying, or those die-hard fans of CZ who treat him like a God where they will follow what he's saying. I'm neither of the two.And all you have to do for that is ask someone on Bitcointalk.org.
Lotta tech and finance experts here who can explain the halving and its effects in much brighter detail.
Now you're sharing words of wisdom by promoting DeFi. Are you a DeFi expert, eh? Don't get me wrong though, but I will not follow what CZ is saying, and at the same time yours.
I totally agree with what CZ said and expect a similar scenario.
I see it as a double-edged sword, where, if the majority's expectations post-halving go unmet or their perception turns negative, we may witness the opposite effect – a massive sell-off of BTC. The psychology of money-seeking individuals is rooted in their reluctance to be caught at a high BTC price, thus giving rise to extraordinary fear.However, should the majority of the Bitcoin community's expectations be met, or even exceeded, the market could experience a positive sentiment that propels BTC's price to a new all-time high.
So, the certainty of a new ATH after the halving remains uncertain. The current public expectations are significant, and what is most feared is if the market cannot meet these expectations, leading to a price dump that leaves the BTC market in turmoil.
I don't see anything to worry about if the price doesn't increase after the halving. All financial markets are no different than battlefields, so you shouldn't expect bitcoin to be any easier than other markets. In any financial market, there will only be a few winners and profits, the rest will lose money. Therefore, it is important in investing that we need to have a strategy and plan for every situation, do not be too subjective or believe that everything will always repeat or happen as we expect. I would not be surprised or disappointed if the bear season lasts longer or the market becomes more turmoil before the bull season actually takes place.
CZ is an experienced market guy with a great eye so I agree with his point of view on what happens before and after halving.
As he said, people have a small memory and forget the past quickly and repeat the same mistakes every time.
As he said, people have a small memory and forget the past quickly and repeat the same mistakes every time.
I can't agree more on this as part of what he states is happening now. The "chatter, news, anxiety, expectations, hype, hope" and speculation are now littering the internet.
Insightfully, this also advises calm and a need not to miss out at the same time for at least a full year.
This is almost the same as the last halving and what it conveys may be slightly similar despite the difference in the month or date of the halving. This is also a big picture regarding the previous halving and of course CZ has been observing it for a long time because he is also one of the exchange owners who must understand the bitcoin side much better than us. CZ also has an advantage if speak something about bitcoin has a truth value above 80% because it will encourage new people who enter the exchange to be more motivated.Insightfully, this also advises calm and a need not to miss out at the same time for at least a full year.
If this is true, it is CZ's analysis, perhaps he is trying to talk from the perspective of his experience as happened during the previous halving. Of course there is a positive value when an exchange owner understands the journey of bitcoin as one of the best because how can anyone believe in him if he is a nobody in the industry.
Why do we need CZ's view on the halving? Sure, he has his exchange, but he is a trading software dev. Not a Bitcoin expert.
Nobody should be placing such large amounts of trust in the words of the rich and famous. The words of an expert in Bitcoin would weigh much more than that of an expert in developing trading software. Honestly, if you ask me, DeFI is a better alternative- if you absolutely need to daytrade. Slightly more expensive, sure. But no KYC.
And all you have to do for that is ask someone on Bitcointalk.org.
Lotta tech and finance experts here who can explain the halving and its effects in much brighter detail.
Nobody should be placing such large amounts of trust in the words of the rich and famous. The words of an expert in Bitcoin would weigh much more than that of an expert in developing trading software. Honestly, if you ask me, DeFI is a better alternative- if you absolutely need to daytrade. Slightly more expensive, sure. But no KYC.
And all you have to do for that is ask someone on Bitcointalk.org.
Lotta tech and finance experts here who can explain the halving and its effects in much brighter detail.
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