IIRC, in last halvings there was lull in the price for some time after the halving before the effect of the reduced supply really started to be felt. I wonder if that'll happen this time.
Listening to the Dutch Cryptocast, they anticipated that in about 10 years, the result of the halving won't be enough enough to do make any price changes. I expect the price reaction to be less this time, because the amount reduction is less each halving. But I'm probably not the only one, and the fact that something is anticipated can influence the result. 
Topic: Happy 4th Bitcoin Halving (Read 477 times)
Congratulations Everyone! 
Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
what happens now? what will change?
Is this block the most expensive in terms of value at the time of mining? I don't remember seeing a block with a return of about 40 bitcoins a while ago, and taking the price of bitcoin in the past, this may almost be the most expensive block for the coming months.
For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
Not only this halving, but every halving bitcoin transaction fee increases the most. Because this is when bitcoin investors start buying bitcoins and this is one of the ways to hold them. However, this fourth halving has seen the largest mempool and transaction fees increase significantly. While it is normal for such events to occur at this time, the halving occurred during Bitcoin's high price this year.
For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
Indeed, Bitcoin transaction fees have been a matter of concern for many users, especially during periods of high demand and network congestion. The rise in fees can be attributed to various factors, including increased transaction volume and limited block space available for transactions to be confirmed.
During the halving event in 2024, the block reward for miners will be reduced by half, this could potentially lead to higher transaction fees in the short term.
For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
If you feel surprised and surprised that transaction fees increased so much, then you need to adapt to that because I believe this will not be fixed soon but will increase even more if bitcoin price and demand for it increases.
Many people believe that due to the hype surrounding RUNE, fees are increasing suddenly. This is true, but it also reflects that over time as bitcoin becomes more popular and more people use bitcoin this will happen. Therefore, we need to accept and adapt to high fees if the developer has not yet found a solution.
For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
We run crypto transaction every single day and it's for the good purpose of our existence. Bitcoin transaction fees will proceeding become higher based on the blockchain. Gaining access to straight development and knowing every solid positive news coming, making good use of them will guarantee news to our ears. This is 2024 and we should prepared ourselves for the crucial changes coming our path. Bitcoin halving have come and go and we should get ready to observe important changes in the market. 
For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
Congratulations Everyone!
Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
Really good news for us. And congratulations too bro. Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
Congratulations to us all for witnessing this season's halving, there is indeed hope for us all who have been patient. There's more good news coming!
Congratulations too, we are part of this big history and will be part of it in the future as well, I hope everything will be good for bitcoins at that time and the dream of seeing bitcoins enter every store in the world will be fulfilled. Now that the halving is done, the next thing that everyone is waiting for is another historical probability which is the bull run after it. Let's hope that it will happen these upcoming days or months and hope for another ATH as well.
It's another milestone that surely going to be seen soon but as we celebrate and welcome this 4th halving, here comes some unwelcoming fees update
I wasn't expecting anything better than this ... Atleast 20% of the total number of miners we have (from my estimate) would have to quit due to the halving... [how do you keep doing a business that isn't profitable anymore]?...That being said, I guess all they gotta do is increasing the fees for that reason - also for how congested the mempool currently is.Rewards are halved but the price of bitcoin has increased more than 100% a year ago which could make up for it. However, I'm expecting a percentage of miners quitting once the bear market hits -- this happened previously too iirc.
Miners would have to manipulate the mempool by spamming them for instance to increase fees. Though I'm not saying it's impossible, the fee surge is most likely because of the runes hype.
I have always known that transaction fees will increase after this halving because many miners will definitely focus more on the transaction fees in addition to the reward they will be earning. This price increase will not necessarily be because of the mempool congestion, but to compensate for the 50% reduction in miner's reward. Mining is still very profitable, the increase in Bitcoin price is a big motivation to still be in the business of mining for some rewards.
Congratulations to us all for witnessing this season's halving, there is indeed hope for us all who have been patient. There's more good news coming!
It's happy, happy and happy.
Bitcoin halving, an event that is highly anticipated and eagerly awaited. This time, the halving has been passed quite well. And the various predictions and hopes for Bitcoin prices this time are also quite exciting. because however, the market is currently quite down, so it won't be easy for beginners, especially to get through this well.
but actually, this is a phase. and ii is a fairly decisive phase. I still really believe that BTC prices can soar again after this halving occurs. It's just that the customs are quite different. so just be patient.
This time, the Bitcoin transfer fee turned out to be quite high, really high compared to normal times. This makes it a little worrying and surprising when you check that the transfer fee is quite high. Or is that only at certain times?
Bitcoin halving, an event that is highly anticipated and eagerly awaited. This time, the halving has been passed quite well. And the various predictions and hopes for Bitcoin prices this time are also quite exciting. because however, the market is currently quite down, so it won't be easy for beginners, especially to get through this well.
but actually, this is a phase. and ii is a fairly decisive phase. I still really believe that BTC prices can soar again after this halving occurs. It's just that the customs are quite different. so just be patient.
This time, the Bitcoin transfer fee turned out to be quite high, really high compared to normal times. This makes it a little worrying and surprising when you check that the transfer fee is quite high. Or is that only at certain times?
It's another milestone that surely going to be seen soon but as we celebrate and welcome this 4th halving, here comes some unwelcoming fees update
I wasn't expecting anything better than this ... Atleast 20% of the total number of miners we have (from my estimate) would have to quit due to the halving... [how do you keep doing a business that isn't profitable anymore]?...That being said, I guess all they gotta do is increasing the fees for that reason - also for how congested the mempool currently is.Rewards are halved but the price of bitcoin has increased more than 100% a year ago which could make up for it. However, I'm expecting a percentage of miners quitting once the bear market hits -- this happened previously too iirc.
Miners would have to manipulate the mempool by spamming them for instance to increase fees. Though I'm not saying it's impossible, the fee surge is most likely because of the runes hype.
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Go after the goal... Go!!! It is worth getting!
Congratulations to all the Bitcoiners in the house! Happy holding!
This is obviously the second time I am experiencing the Bitcoin halving. I hope this halving brings about a great surge in price in effect to how the block reward has been reduced. Now that the long-speculated halving has taken place, every expectation now is on the next price to hit. Happy holding everyone, and let's remember that security is very paramount to Bitcoin investment.
This is obviously the second time I am experiencing the Bitcoin halving. I hope this halving brings about a great surge in price in effect to how the block reward has been reduced. Now that the long-speculated halving has taken place, every expectation now is on the next price to hit. Happy holding everyone, and let's remember that security is very paramount to Bitcoin investment.
Years rolled into months and months into days until it came to seconds and finally happened today, 3am Nigerian time. Wow! This is indeed, celebratory for this community.
This is my second Bitcoin halving experience. I slightly missed that of 2016. I believe this experience will be better than that of 2020, owing to the fact that a lot is already happening in the space. Many narratives are springing up around Bitcoin and all that's helping to reposition it. As for those thinking miners are likely going out of business because of the block reward, I don't think it will get to that point. There are now BRC20 tokens utilizing the chain and that will compensate for all that.
This is my second Bitcoin halving experience. I slightly missed that of 2016. I believe this experience will be better than that of 2020, owing to the fact that a lot is already happening in the space. Many narratives are springing up around Bitcoin and all that's helping to reposition it. As for those thinking miners are likely going out of business because of the block reward, I don't think it will get to that point. There are now BRC20 tokens utilizing the chain and that will compensate for all that.
Happy 4th Bitcoin halving!
This is my first experience of halving and I feel very excited to be a part of the most anticipated event in the crypto space, infact the feeling is like counting down to new year, and suddenly it's time and it happens. I'm now looking forward to what the post halving will be like, how it'll affect Bitcoin price.
This is my first experience of halving and I feel very excited to be a part of the most anticipated event in the crypto space, infact the feeling is like counting down to new year, and suddenly it's time and it happens. I'm now looking forward to what the post halving will be like, how it'll affect Bitcoin price.
Happy halving! Once again, Satoshi's hand reaches out from the past and chops another bit off of the subsidy.
IIRC, in last halvings there was lull in the price for some time after the halving before the effect of the reduced supply really started to be felt. I wonder if that'll happen this time.
This is my first halving but from the information I got from past halving this current one is slightly changing the Bitcoin circle. I assume that we have never had a time where Bitcoin beats its ATH before the halving. There might be no delay before the effect will begin to reflect in the price. So I will not be surprised if the impact of the halving is felt immediately till the end of the bull run. Happy Halving to all Bitcoin believers. If I were the president of my country, today would have been a public holiday IIRC, in last halvings there was lull in the price for some time after the halving before the effect of the reduced supply really started to be felt. I wonder if that'll happen this time.
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It's another milestone that surely going to be seen soon but as we celebrate and welcome this 4th halving, here comes some unwelcoming fees update
I wasn't expecting anything better than this ... Atleast 20% of the total number of miners we have (from my estimate) would have to quit due to the halving... [how do you keep doing a business that isn't profitable anymore]?...That being said, I guess all they gotta do is increasing the fees for that reason - also for how congested the mempool currently is.I also tend to understand things way differently-- The volatility in Bitcoin is the whole essence of the digital coin for a fact...[saying this for clarity to someone's reply I can't really locate right now]
Edit: This is my first time of experiencing the halving and, it Happens to be the most prolific amongst all odds, Happy Bitcoin halving !!!
A big historical event, congratulations to Bitcoin for continuing to capture the minds of people worldwide. From my.perspective not too much changers, except it's nice to know that our coins are only becoming harder to be introduced to the supply.
Congratulations Everyone!
Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
Finally we witnessed the desired 4th bitcoin halving and congratulations to everyone on this bitcoin halving event. Everyone was excited about the fourth bitcoin halving this year compared to the previous three bitcoin halvings. Before the halving, Bitcoin reached an all-time high that had not been seen before any previous halving event. Since the Bitcoin halving has already been completed I am optimistic that Bitcoin will continue to grow slowly in the near future until it crosses $100k very soon. I'm trying to hold on to mine, so I'd say everyone hold on to their invested bitcoins very carefully, surely it could swell in the coming bull season. Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block
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