Halving effects, how long they will last? - page 4.

doomloop

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Quote from: Joshapat on May 10, 2023, 02:08:36 AM

The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.

The 740,000th block is expected to be mined in April 2024, so that is when the halving will occur and not June 2024. The price will surely be affected since we have seen that happening in the past and one of the main reasons for that is the hype obviously alongside the block reward reduction which slightly reduces the increasing circulating supply.

People tend to buy a lot of Bitcoins right before the halving since they think the price will explode right after it and that is one of the reasons why it gets pretty strong by that time due to the buying pressure and it then goes up in price.

btc_angela

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Quote from: duckalis on May 08, 2023, 08:11:29 PM

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.

Or it could be May as well, but regardless, it's an event that everyone is the bitcoin community is expecting. And yeah, it will be months before we can felt the bull run, it could be a month after the halving or 6 months, depending on the investors on how much money they are going and willing to pour that time.

And assuming it will happen, it will be 2024-2025 run and maybe at the end of 2025 we will see the bubble being burst again. Nevertheless, what we are talking here is how big the bubble will be? $100k minimum? we will see and for sure we are all excited about the incoming bull run next year.

Paul Pogba

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Halving will reduce the supply in mining so that it makes it difficult for miners, this is what we can use to buy more because the possibility of profit is greater, halving has occurred several times and has been proven to be able to make high price increases.

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Quote from: laurenB7742 on May 09, 2023, 11:23:25 PM

Quote from: Strongkored on May 08, 2023, 11:30:32 PM

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However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

I also believe the halving effect or the time it takes for bitcoin to reach a new ATH will be altered as things are getting too predictable, but we won't know when that will change. We can't do anything but believe in history until everything changes.

Cryptocurrency is still a market manipulated more than it is based on supply and demand, so things will be mixed up, and resetting the game will only be a matter of time. We should have more than one plan to prepare for the unexpected, rather than just having one plan and believing too much in the halving.

Having multiple plans is always a must with any form of investment, particularly with cryptocurrency it could bring the best. We can expect the market to be bullish around the days of halving, but it isn't assured. This can happen prior to the days or after the days of halving.

Market manipulation is part of the market, however this is done big with crypto market compared to the traditional market. With investment it is always good to plan for the worst, which assure with maintaining the portfolio in all worse situation of the market.

Quidat

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Quote from: Strongkored on May 08, 2023, 11:30:32 PM

Quote from: duckalis on May 08, 2023, 08:11:29 PM

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.

The state of the network which is currently filled with spam transactions so that the fees are rising very high, raises doubts that the halving will have an effect on the price of BTC which is common in several previous halvings, so it is true that you are saying that it is still too early to judge the state of the market after the halving later right now, because the network will improve and people will return to transacting normally, because if this continues it will slowly leave Bitcoin for a while and use other networks to transact.

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

How much more on the time when bull run kicks in? For sure we would really be that experiencing the same thing. Speaking about halving effects then we arent just focused only on the fees on that time but rather we would be seeing on the possible bull run which we know the price will really be climbing up that high. How long it would last? No one really knows and no one even knows on when Bull run would kick in. This is why we should really be that versatile on whatever things that we might encounter along the way. We cant really be even more so sure if there would really be
some bull run to happen or none. This is why expect the unexpected as always yet there's no way on knowing on how the future would be looks like.
This is why its better to be prepared on whatever happens because bull run might kick in on late 2024 or Q1 or Q2 of 2025. No one really knows.
Just be sure that you would be taking up some profits on the time that it would be reaching out some new all time highs or something that you do prefer because each one of us does have
their own target on the making.

Pity Token

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We can see from the logarithmic curve that we are experiencing diminishing returns. I think it will always have an effect but a lesser one over time. The only way to counter this theory is for bitcoin to pump well into the 6 figure number at some point next year, keeping an eye on the stock to flow model just in case

South Park

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Quote from: Joshapat on May 10, 2023, 02:08:36 AM

The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.

The increase on the price after the halving is not only produced by speculators trying to earn a profit, this happens because since the coins the miners can get out of each block as a reward get halved, now they have to increase the price at which they sell that bitcoin or they will sell at a loss, as such the supply of coins available at exchanges begin to go down due to the halving as well, creating the perfect combination for explosive growth to happen all at once, however it takes a little bit for those effects to be felt which is why the price does not skyrocket right after the halving and some months need to pass before the increase in the price actually happens.

Joshapat

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The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.

laurenB7742

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Quote from: Strongkored on May 08, 2023, 11:30:32 PM

-

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

I also believe the halving effect or the time it takes for bitcoin to reach a new ATH will be altered as things are getting too predictable, but we won't know when that will change. We can't do anything but believe in history until everything changes.

Cryptocurrency is still a market manipulated more than it is based on supply and demand, so things will be mixed up, and resetting the game will only be a matter of time. We should have more than one plan to prepare for the unexpected, rather than just having one plan and believing too much in the halving.

Wong Gendheng

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The Halving effect will certainly make a large price explosion, when the market is in a bear condition then when Halving occurs will make anyone immediately buy so that the demand increases, this has happened several times and we also have to prepare from now before the price becomes more expensive.

uneng

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Quote from: STT on May 08, 2023, 07:45:28 PM

In 2020 I remember it was quite lethargic post halvening, its really not obvious or deliberate effect at this point the alteration to block reward is only alongside other factors. Biggest clue is take both components of the price as relevant to direction so BTC but also Dollar, we must look up DXY and its direction. The ideal is DXY is weakening and comparing to 2020 that especially occur until July of that year, BTC did respond and outperform in July 2020 I remember much surprise into just the last couple weeks closing out the month. That drifted back until autumn and then really took off, my clue is something like that but also a pattern of the lowest prices rising consistently over months; that would reference 2017 also a large gain started small.

Last halving happened on May and the positive effect started appearing on October. There was a gap of about 5 months, which is expected. That is why some predictions say even though next halving is going to happen in 2024, we may see a strong bull run only in 2025, because that is the time it takes until the halving impacts the market and investors' mindsets considerably.

Dollar index can boost the bull run in both directions, strengthening or weaking it, depending its currently status after the halving. Inflation rates in US can also influence Bitcoin's fluctuations.

Kadal Ijo

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The halving will happen in about a year and usually there will be a big increase, but now the market is weakening again and the hope that the price of $ 35k can be reached before the 10th of may seems difficult to achieve, the most important thing is that the price can rise soon this year and at least be able to approach ATH what will happen in 2021 so that when the price halving can reach at least 2x the ATH in 2021.

Strongkored

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Quote from: duckalis on May 08, 2023, 08:11:29 PM

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.

The state of the network which is currently filled with spam transactions so that the fees are rising very high, raises doubts that the halving will have an effect on the price of BTC which is common in several previous halvings, so it is true that you are saying that it is still too early to judge the state of the market after the halving later right now, because the network will improve and people will return to transacting normally, because if this continues it will slowly leave Bitcoin for a while and use other networks to transact.

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

duckalis

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It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.

STT

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In 2020 I remember it was quite lethargic post halvening, its really not obvious or deliberate effect at this point the alteration to block reward is only alongside other factors. Biggest clue is take both components of the price as relevant to direction so BTC but also Dollar, we must look up DXY and its direction. The ideal is DXY is weakening and comparing to 2020 that especially occur until July of that year, BTC did respond and outperform in July 2020 I remember much surprise into just the last couple weeks closing out the month. That drifted back until autumn and then really took off, my clue is something like that but also a pattern of the lowest prices rising consistently over months; that would reference 2017 also a large gain started small.

uneng

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Quote from: JeffBrad12 on May 04, 2023, 08:00:19 PM

I honestly have no high expectation in this regard, halving usually only massive around when the rumour spreads and then went downhill after that, there have been several of such similar case in which halving didn't have any effect but I guess the effect is going after certain time has passed that's when the market realized that there are fewer and fewer bitcoin mined.

That is not true. Of course there is always a massive hype after the halving followed by a correction in price which brings BTC to a bear market, but even with the bearish market after the bullish season the price is still pretty decent compared to previous cycles.

Quote from: JeffBrad12 on May 04, 2023, 08:00:19 PM

but honestly though just don't put too much high expectation in this event, there are many more other thing that might make the bitcoin rises even more like being invested heavily by large corporation.
but for the sake of not missing chance and opportunity just be ready to accumulate some of the bitcoin maybe things will be different this time around after all, what is not possible in cryptocurrency market in general.

The halving is one of the most important events along Bitcoin history and probably the one investors have most expectations of a positive impact over Bitcoin price. If you don't have great expectation regards this event, I really don't know what excites you the most about what can happen to Bitcoin futurely.

Fatunad

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Quote from: Minor Miner on May 08, 2023, 12:11:57 PM

Quote from: puloweh555 on May 08, 2023, 09:09:21 AM

Quote from: libert19 on May 03, 2023, 12:19:06 AM

Every 4 years, we expect bull market just because of halving. What do you think when is this chain is going to broken? Ie, halving no longer equals that bull market is coming.

No one knows when the Bitcoin halving chain will "break" or no longer affect the upcoming bull market. Halvings are a fundamental part of Bitcoin and can affect the bullish price outlook as they affect the limited supply of Bitcoin. But indeed there are many other factors that can also affect the movement of Bitcoin prices as a whole. Nonetheless, investors investing in Bitcoin should stay up to date with market developments and conduct careful research to understand the fundamental factors that affect the price of Bitcoin.

In addition, it is important not to rely too much on a single factor such as halving in making investment decisions. Of course, being positive about a potential future bull market is a good thing. Ultimately, the price of Bitcoin depends on the trust and confidence of Bitcoin investors and users. As long as there is trust and confidence in Bitcoin as an asset and reserve currency, then the price of Bitcoin can remain positive.

I also believe that one day this will be broken, the market will change, and new history will be made because the market cannot repeat itself so easily, everyone can predict. You are right, the halving is very important and can be considered the most important factor in the past bitcoin bulls. But it is not the only factor driving the rise of bitcoin. So if history is broken, what we need to do is keep our faith, and stand our ground on bitcoin, then there is nothing to worry about. For me, the value of an asset will depend entirely on supply and demand, as long as the demand for bitcoin keeps increasing even without the halving, the price of bitcoin will always increase over time.

Market couldnt really be just having that one way or path to take on which we might be seeing that it is really that decreasing but there would really be a day or time comes that there would really be a change trend.
It might not be happening for this year but we cant be sure if it wont be happening on the next one into another. We cant really be just staying up this low on which it would really be that understandable that market
couldnt really be just having a single point or path to take.This is why its better to be wise on taking up some action on which you should really be positioning yourself while the market is still bearish
or simply the bull run isnt kicking in.

Now we do have recent problem about huge network congestion which it would really be the main problem about scability. For sure this would really be an another focus on raising up some issue about
Bitcoin. Halving event is fast approaching and we cant really be so sure on how the market would really be reacting into this one.

Baoo

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Unfortunately, the majority of crypto users are impatient, they be expecting a massive bull run after just few days from the halving, that’s not realizable to be honest, The main goal of halving is to decrease the supply of Bitcoin and the reward of mining. However, the result will be achieved after few months from the event. For example in previous halving specifically on May 2020 , the price went from $8k to $40k on January 2021. In conclusion, Bitcoin requires Patience if you don’t have it, simply you don’t belong this field. In addition to that, I am pretty sure that BTC will rise significantly and hit ATH in next halving specifically by the end of 2024 or the beginning of 2025.

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Quote from: puloweh555 on May 08, 2023, 09:09:21 AM

Quote from: libert19 on May 03, 2023, 12:19:06 AM

Every 4 years, we expect bull market just because of halving. What do you think when is this chain is going to broken? Ie, halving no longer equals that bull market is coming.

No one knows when the Bitcoin halving chain will "break" or no longer affect the upcoming bull market. Halvings are a fundamental part of Bitcoin and can affect the bullish price outlook as they affect the limited supply of Bitcoin. But indeed there are many other factors that can also affect the movement of Bitcoin prices as a whole. Nonetheless, investors investing in Bitcoin should stay up to date with market developments and conduct careful research to understand the fundamental factors that affect the price of Bitcoin.

In addition, it is important not to rely too much on a single factor such as halving in making investment decisions. Of course, being positive about a potential future bull market is a good thing. Ultimately, the price of Bitcoin depends on the trust and confidence of Bitcoin investors and users. As long as there is trust and confidence in Bitcoin as an asset and reserve currency, then the price of Bitcoin can remain positive.

I also believe that one day this will be broken, the market will change, and new history will be made because the market cannot repeat itself so easily, everyone can predict. You are right, the halving is very important and can be considered the most important factor in the past bitcoin bulls. But it is not the only factor driving the rise of bitcoin. So if history is broken, what we need to do is keep our faith, and stand our ground on bitcoin, then there is nothing to worry about. For me, the value of an asset will depend entirely on supply and demand, as long as the demand for bitcoin keeps increasing even without the halving, the price of bitcoin will always increase over time.

puloweh555

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Quote from: libert19 on May 03, 2023, 12:19:06 AM

Every 4 years, we expect bull market just because of halving. What do you think when is this chain is going to broken? Ie, halving no longer equals that bull market is coming.

No one knows when the Bitcoin halving chain will "break" or no longer affect the upcoming bull market. Halvings are a fundamental part of Bitcoin and can affect the bullish price outlook as they affect the limited supply of Bitcoin. But indeed there are many other factors that can also affect the movement of Bitcoin prices as a whole. Nonetheless, investors investing in Bitcoin should stay up to date with market developments and conduct careful research to understand the fundamental factors that affect the price of Bitcoin.

In addition, it is important not to rely too much on a single factor such as halving in making investment decisions. Of course, being positive about a potential future bull market is a good thing. Ultimately, the price of Bitcoin depends on the trust and confidence of Bitcoin investors and users. As long as there is trust and confidence in Bitcoin as an asset and reserve currency, then the price of Bitcoin can remain positive.

Topic: Halving effects, how long they will last? - page 4. (Read 913 times)