Topic: Half way to next Halving reached (Read 271 times)

So now is the time when the market crashes a little bit. Two years is like 2 months, days are fast and we have barely felt it. I thought is was just yesterday the last halving that have happened, I am very thankful to have experienced it first time and now I won't this second chance if given to slip away.

Bitcoin halving countdown: https://www.bitcoinblockhalf.com/
Bitcoin controlled supply: https://en.bitcoin.it/wiki/Controlled_supply

Short sighted: only look at the next halving in 2024
Long sighted: will look at next 4 or 5 halvings that will take 14 to 18 more years.

If you are young, you should think of 20-year plan that will help you enjoy the FOMO when there will be not many Bitcoin in future supply from block rewards.

How many capital will be required to mine 1 Bitcoin next 18 or 20 years? It will be very big mining cost.

That is certainly what we expect for the new ATH.
That is why I'll the chance of buying more coins these days as the prices are cheap as going to believe that prices may be doubled or even triple during the next halving. And to see Bitcoin reach $100k is near possible as last Bullrun and ATH we reach $70k. I would assume that the majority had already made their plan while we are in the bearish moment life of crypto. This may not be going to last longer and so we don't take this current situation for granted.

Remember we had that Black Monday (Thursday? Can't remember) a year after the last halving so we should expect some tougher times ahead too -- though if the supercycle is invalidated, it could also spell a missing severe winter. Stack them, gentlemen.


We had smart contracts and NFTs about 2 halvings ago though But yes, the progression in use case, the foundational strengths, real-world impact, "light speed" I guess.

I think you listen too much to various influencers on YT and similar media who are looking for some reason in everything, although those reasons often don't make any sense. Let's say it's true that someone wants to lower the price of Bitcoin to help CAR buy as much as possible for as little money as possible - are you want to say that the US FED helps them by influencing global markets with its interest rate decisions?

What about all the others who invest in BTC, maybe they are also working to keep the price going down? If you like conspiracy theories, here's one of the $1.5 billion (just under 38 000 BTC) - and that investor has only achieved 1/3 of what he plans to invest. As it started, some may think that we are going towards some values that have not been seen since 2017...

Yes that's true and am also having a strong conviction that in little time from now, there would be and uproar bullish, as I've noticed the speculation on price, whenever there's a consistent bearish move then its a showcase to gathering momentum to run on a bull speed.



We all know that the blockchain technology has come to be a game changer while bitcoin has simplified the whole process, no need of wandering around about altcoins that most of which aren't realistic, and in the next couple of years from now, bitcoin would have transformed many lives and the adoption would have been a common thing everywhere and possibly the metaverse as well might have launched a beginning.


I wouldn't doubt it as well but i think even though it does not hit the assumption target of $250k by 2025 then it must have break forth the limit to over $150k ATH by them which we all anticipate for.



This is another possibility of which i believe as the first 105,000 blocks mined will trigger a sudden move up in price since it has been running deep for some weeks, i think the second 105,000 blocks era will be a game changer anytime soon, I heard some are saying that the bearish moves is as a result of the adoption in Central African Republic in their favor for mass adoption before it goes up again, these are just various opinions from different angles but i know something good is fishing and will soon be unleashed.

This is what the others that don't understand. Why we're still bullish no matter what the sentiment right now is, we're looking forward for the upcoming halving by 2024.
We know that it's all about moon after it happens and that's why people are telling everyone that they have to accumulate as much as they can before it happens. But not until they see the price have grown a lot, they'll just start to buy it again when it's already at the ceiling.

Always when the halving comes we see some crazy market moves, we have to wait 2 years to see what happens, but we can be sure that bitcoin will be over $100k for the next halving.

Some people think the markets are who decide the price, but the miners are the ones with the power to manipulate them.

With all the knowledge we have now regarding previous halvings will there be more
pre-emptave buying ahead of the event? historically the market pumps a few months
after the halving and with that knowledge why wouldnt gou sell everything to buy
Bitcoin?

As I can on the calendar and the website with the countdown it's more than seven hundred days left to see the bitcoin halving, and we are half of the way. Nearly two years passed and nearly two years remaining to bitcoin halving, during the recent halvings when the price pumped and increased after the halving we had a huge dump and price decrease on bitcoin markets, while in this cycle in my own idea I can see more stable market because we did have a price falls like 2018, in the other hand many people are waiting for the next halving to see another move in bitcoin market to higher levels just like the other halvings.

I mean, in previous halvings the price didn't immediately go up so this really isn't anything new.

The rise in hashrate is definitely a good sign, but let's not forget what actually pumps bitcoin's price — market demand; not hashrate, not lines on charts, not even necessarily halvings because halvings only affect the supply side.

The price of $250,000 in 2025 is very much on the cards but the more important question is what will be the bottom of bitcoin before its starts to move upwards. Some people suggest that bottom is already in and we will not break 30,000$ but i think a bad fundamental event can bring the price down to 25,000$. It could be world war three or an unexpected tether case result, no one knows exactly.

Even though the price may not go overboard immediately after the halving there is a high chance of the price making a tremendous increase on a positive note, with the way the Bitcoin hash rate has been a constantly increasing with the recent all-time harsh rate happening today it shows that the Bitcoin network is building strong resistance level and also making foundation for an uptrend movement. With the next Bitcoin halving, I guess we will have a highly positive notion about Bitcoin just like we have seen with previous Bitcoin halving and its resultant effect on the Bitcoin price.
With the increase in Bitcoin hash rate, it shows that there are more miners' activities and new blocks are being mined at regular intervals, thos show an increase in mining activities.

I think the next halving will finally be the first halving event where the price movement will go totally unexpected; not the same pump like we've had in the last halvings. Because if people will expect the same exact movement and ballpark percentage increase, chances are — it might not happen. Now the question is, will BTC blueball everyone, or will it go up far higher than what people could expect.

Maybe the next halving divergence every 4 years is a good explanation for today's price action, maybe it's just a magical coincidence with effects long enough to account for the action.  bitcoin price.  The current accumulation is huge stemming from the acceptance of bitcoin's value as well as the way it works.  So maybe the rally just took place there.  The lesson is ready and just take a dip and buy the same 2018,2019

I think we all join you Welsh in not being mad at the OP if the 250k number is correct.

Its nice to see firstly a date ^{approximately} and nice to see a very interesting
pie chart too. Its kind of unbelievable to think we are half way there.

I agree that the $ price of Bitcoin will probably hover around where we are now, there will
always be unexpected movements and the unexpected events for better or worse as LFC_Bitcoin
posted.

Yeah, I do believe its longer than the 150 time period given in the images, I might be wrong in that I'm not a chart watcher. Although, I must say its nice to see someone putting a time period on it, since I find that a lot of people just say "its gone up ten fold!" without specifying how long that took, and therefore new investors tend to get the wrong idea.

Honestly, I think we'll be sitting around this figure for the remaining of the year, probably with some minor fluctuations. Although, I do doubt the 250k figure, I'll be quite honest if you're right about that, I'm not going to be mad if you're right .

Quite a long period but at least it happens faster than any traditional stock. I can not imagine what the world will be like in the next 2,3 years. Everything just happens at extraordinary speed. First, we have bitcoin, then we have smart contracts, and now NFTs and tons of shit. Not just that, if we look at another field (Computer science for example), AI, quantum computers, VRs, ARs... Those people are still able to maintain Moore's laws even when it was claimed to soon be dead

Sometimes, there is a sense of hopelessness appears in my mind when I think of the day that I am not able to catch up with the modern world. But it rarely happens. I am still quite optimistic about bitcoin and my accumulation. Looking forward to the next rollercoaster

Even more adoption, added to yet another halving of newly mined coins really should send us to the moon in 2025 (big effect on price always seems to happen a little while AFTER the halving).

I think we had a diluted bull run in 2021, possibly due to the fall out from COVID & what it did to the world economy. We have a lot of catching up to do so I predict upwards of $250,000 in 2025 per bitcoin.

Now is definitely a good time to buy, you might even get cheaper opportunities before 2024.

The data revealed that today 5th day of May, 2022 marks another ½ phase to Halving as it just reach the half way of the complete 210,000 blocks to be mined at every four years intervals, we have recorded 105,000 blocks mined already and this has launch us into the second stage for the other half remaining. it could be recalled that bitcoin Halving occurs every four years were by miners get half a reward of every mined blocks in bitcoin.

  

The data above make an illustration of how the Halving occur and how the data respectively is  applicable to each year occurrence, next Halving should be 2024 and by then the whole 210k block would have been completely mined.

It could be noted from bitcoiners across the world that taking good advantage of this present time to make an investment in bitcoin will be of great benefit.
https://cointelegraph.com/news/bitcoin-celebrates-halfway-to-the-halving-with-new-hash-rate-record/amp