Topic: Facts about the next bitcoin halving (cool infographic) (Read 406 times)
The information is nice, with just a single photo the information about the next halving are fully inducated. Even if the person is new in the cryptocurrency they will easily understand it.
If you see my old posts which I highly doubt because I post a lot, then you will find that I am repeating and repeating that for those who can't imagine high price of bitcoin in next years.
If you see, last huge rise was followed to halving. Yeah halving happened in summer but slowly and slowly rise has begun, at first it was stable 600$, then happened unbelievable and bitcoin reached to 1K, then 2K and in winter it became 20K. I think we will reach twice more after upcoming halving.
If you see, last huge rise was followed to halving. Yeah halving happened in summer but slowly and slowly rise has begun, at first it was stable 600$, then happened unbelievable and bitcoin reached to 1K, then 2K and in winter it became 20K. I think we will reach twice more after upcoming halving.
true but what most of you who repeat this statement about halving forget is the fact that bitcoin price was already on the rise and had risen A LOT prior to the halving and its rise. if you consider the bottom at $150 and then the price where halving started which was around $600 you can see that is a 300% rise before halving even began.
then after 8 months it reached $1000 which is 66% rise so you are actually excited about a smaller rise "after" the halving while forgetting the gigantic rise before the halving!
so with the same trend bitcoin has to reach at least $12800 before next halving and then shoot up to $50000 after it.
ps. i still don't get why people are focusing so much on halving instead of focusing on a dozen other more important matters that have been helping the adoption and consequently increasing the price!
people are into bitcoin as regular users or supporters of decentralization, but most are in it for profit so most people are focusing on halving and how to benefit (get profit) from such event
other things that help bitcoin adoption interest them less because it's only indirectly affects price
If you see my old posts which I highly doubt because I post a lot, then you will find that I am repeating and repeating that for those who can't imagine high price of bitcoin in next years.
If you see, last huge rise was followed to halving. Yeah halving happened in summer but slowly and slowly rise has begun, at first it was stable 600$, then happened unbelievable and bitcoin reached to 1K, then 2K and in winter it became 20K. I think we will reach twice more after upcoming halving.
If you see, last huge rise was followed to halving. Yeah halving happened in summer but slowly and slowly rise has begun, at first it was stable 600$, then happened unbelievable and bitcoin reached to 1K, then 2K and in winter it became 20K. I think we will reach twice more after upcoming halving.
Great infographics. This only assures us that Bitcoin future is really bright. Price might change from time to time in this current market condition, and we can't predict if the price will continue to rise. But one thing is for sure, in time Bitcoin will recover and regain it's original peak price. The best thing to do now, is to buy and hold coins, hold it in a secure wallet since it will be a long term investment. Hardware and open source wallet will do like Electrum or Hodler
Thanks for sharing, well understood. 900 bitcoin per day after the halving, is still not too bad, but this will definitely lead to price spike. I hope to see a bull run this year and another after the halving. The wise who are buoyant enough will be accumulating bitcoin now, these people will later become future multimillionaire will the bull run is massive.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
~snip~
what they miss is that bitcoin isn't rising because of some arbitrary event. bitcoin is rising because the demand for it is increasing (the adoption is growing) since it is useful and is offering unique utilities.
I can not agree more with it. We need more people interested in Bitcoin. Educate them with the benefit of using crypto currency. Encourage them to use it for their daily trade. what they miss is that bitcoin isn't rising because of some arbitrary event. bitcoin is rising because the demand for it is increasing (the adoption is growing) since it is useful and is offering unique utilities.
Adoption/acceptance. This is more important then any other things that is happening with Bitcoin.
Thanks for the thought
Cheers :-)
~snip~
ps. i still don't get why people are focusing so much on halving instead of focusing on a dozen other more important matters that have been helping the adoption and consequently increasing the price!
Because everyone is waiting to empty their bag when it hits the new ATH then the price drops again and buy again heheps. i still don't get why people are focusing so much on halving instead of focusing on a dozen other more important matters that have been helping the adoption and consequently increasing the price!
Really, it is not making sense to me. People are too much hyping the halving event. We really need to focus on other things, may be LN.
i think it is more like halving being the new ETF thing.
it is not about them wanting to sell their bags, it is about these people (who focus only on halving for the rise) think there is no other way for bitcoin to rise so they constantly seek some reason to justify the rises for themselves. they did the same with ETF, 90% of them didn't even know what ETF is but they all insisted on it being approved because they thought if it did then rises would follow!
what they miss is that bitcoin isn't rising because of some arbitrary event. bitcoin is rising because the demand for it is increasing (the adoption is growing) since it is useful and is offering unique utilities.
Bitcoin halving date is most anticipated date for crypto investors when the date coming near to bitcoin halving we can expect growth of crypto BTC prices
Technical error corrected, most other coins have no halving schedule. legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
~snip~
ps. i still don't get why people are focusing so much on halving instead of focusing on a dozen other more important matters that have been helping the adoption and consequently increasing the price!
Because everyone is waiting to empty their bag when it hits the new ATH then the price drops again and buy again heheps. i still don't get why people are focusing so much on halving instead of focusing on a dozen other more important matters that have been helping the adoption and consequently increasing the price!
Really, it is not making sense to me. People are too much hyping the halving event. We really need to focus on other things, may be LN.
I don't really understand about bitcoin halving, some say this will have an impact on prices because later the number of miners will decrease. But there are also those that will have a positive impact, whether it's what's clear, I just hope it will have a positive impact
Number of BTC which can be sold by miners decreases every 4 yearsabout 1800 BTC mined daily now
after halving 900 BTC mined daily
about 4 years after next halving 450 BTC mined daily
..........
.....
in 30 years 8 BTC mined daily....
However, the rewards that miners can get will be reduce and this will cause the miners to quit since it will not be sustainable, thus miners will just depend on transaction fee.
I just hope there will be a huge demand when halving happens because this will bring the price to rise.
Lesser bitcoin to mine + huge demand = higher price
Those are interesting facts indeed.
But we still have 1 year left before bitcoin halving, so i think we have enough time to buy other coins before buying bitcoin.
As long we can buy it with low price in bear market, then we will get the profit when the bitcoin goes halving.
But we still have 1 year left before bitcoin halving, so i think we have enough time to buy other coins before buying bitcoin.
As long we can buy it with low price in bear market, then we will get the profit when the bitcoin goes halving.
I honestly wouldn't call this "infographic" let alone a "cool" one. this is more like a bunch of common knowledge with some mistakes written on top of a picture. and the goal of it is not to talk about block reward halving or anything worthwhile. the only purpose of this "picture" is to create some hype around the block reward halving that is about a year away from now while speculating about the price rise because of it!
I agree with that, I also think that it's just a hyping technique by some people to hype the price of Bitcoin with their ideas and point of views. We all know that the Crypto Currency market is very unpredictable and no one knows exactly what will happen in the future, even if a lot of people thinks that there will be a bull run that is going to happen it can turn sideways or anything like that. But what can we expect in a very speculative industry? I guess it is better just to go on with the flow on what is happening and what is the market trend right now, especially for traders out there that takes advantage of the bearish market situation. I don't really understand about bitcoin halving, some say this will have an impact on prices because later the number of miners will decrease. But there are also those that will have a positive impact, whether it's what's clear, I just hope it will have a positive impact
Number of BTC which can be sold by miners decreases every 4 yearsabout 1800 BTC mined daily now
after halving 900 BTC mined daily
about 4 years after next halving 450 BTC mined daily
..........
.....
in 30 years 8 BTC mined daily....
I don't really understand about bitcoin halving, some say this will have an impact on prices because later the number of miners will decrease. But there are also those that will have a positive impact, whether it's what's clear, I just hope it will have a positive impact
After halving, There will be 900 BTC's mined daily. It is great amount to mine.
Lets we look at another side,
Today, 1 Bitcoin is about $3800. So There will be released over 3 million USD everyday.
If BTC price will be risen that day to 10k, There will be released over 9 million USD everday...
9 million USD is huge amount to create.
Lets we look at another side,
Today, 1 Bitcoin is about $3800. So There will be released over 3 million USD everyday.
If BTC price will be risen that day to 10k, There will be released over 9 million USD everday...
9 million USD is huge amount to create.
Considering the amount of bitcoins that would have been mined at the point of the next halving and the remainder which would be spread over a hundred years, this could be the last truly significant Bitcoin halving.
Am very optimistic about it's impact on the price. This is a very good time to own you some bitcoins.
Am very optimistic about it's impact on the price. This is a very good time to own you some bitcoins.
I do not really agree with the infographic that a Halving triggers a Bull run. 
Yes, we do see a small spike in the price, prior to the halving, but that is normally just the hype that surrounds the media attention that a event like this gets. After the halving, everything returns to normal and the price goes down again.
People should not put all their hope and dreams on this halving to push the price up to a new all time high in 2020. It might bump the price with a few hundred dollars or so, but that would be about it.
Yes, we do see a small spike in the price, prior to the halving, but that is normally just the hype that surrounds the media attention that a event like this gets. After the halving, everything returns to normal and the price goes down again. People should not put all their hope and dreams on this halving to push the price up to a new all time high in 2020. It might bump the price with a few hundred dollars or so, but that would be about it.
True. Many people feel that halving is equal to a bull run which is silly and stupid at the same time. It is certainly true that halving helps Bitcoin and the entire market, but it is silly to expect an insane bull run like in 2017.
An ETF getting approved or an entire country willing to legalize Bitcoin etc are proper reasons for triggering an insane bull run in my opinion.
I honestly wouldn't call this "infographic" let alone a "cool" one. this is more like a bunch of common knowledge with some mistakes written on top of a picture. and the goal of it is not to talk about block reward halving or anything worthwhile. the only purpose of this "picture" is to create some hype around the block reward halving that is about a year away from now while speculating about the price rise because of it!
Jump to: