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Topic: how many halvings have you witnessed? - page 2. (Read 504 times)

full member
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October 16, 2023, 02:18:17 AM
#51
This is going to be my first halving experience. I have read that historically the prices of Bitcoin increases such that you should expect a bull run after the event. But every halving is different. During the last halving, there were no  etf's applications, institutional interest in Bitcoin, political interest in Bitcoin and the recent innovations in Bitcoin. What we are doing is just hanging on and hoping that history will repeat itself and be favourable to us as always.
sr. member
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October 16, 2023, 02:01:08 AM
#50
I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.
most of us experienced the same thing mate , because we are mostly came here 6-8 years ago so we have only 2 halving experiences .
and yes 2 ATH of course.
The same thing happened to me; I only knew Bitcoin in early 2016. I still have no idea of what's it and its effect. So, I missed investing while its price was low. During that time, I went to different people asking for more information, especially those people who brought me here.

And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.

and I hope that Like me , you will never do the same mistakes as we do mate that we did not manage to keep holding our precious bitcoin back in the days.

All I can say is that we have enough knowledge to never repeat the same mistake in the past. We may not be able to determine the highest price Bitcoin can get, but at least we know that we must take a profit every time its price goes up.
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October 16, 2023, 01:23:49 AM
#49
I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.
most of us experienced the same thing mate , because we are mostly came here 6-8 years ago so we have only 2 halving experiences .
and yes 2 ATH of course.
Quote
And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.

and I hope that Like me , you will never do the same mistakes as we do mate that we did not manage to keep holding our precious bitcoin back in the days.
sr. member
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October 15, 2023, 08:28:58 AM
#48
Every business has a session, which is Bitcoin halving is the session of Bitcoin scarcity in the cryptocurrency market which really affect others Alt-coins price to be skyrocket base on the previous halving record.
What?

I even feel uncertain about future Bitcoin halvings on Bitcoin price. Maybe it will come to halvings when Bitcoin halvings will no longer cause Bitcoin price to double, tripple several months after that.

Altcoins? They are no longer responsibility of Bitcoin halvings to increase prices of altcoins or values of altcoins. Values of altcoin projects and their tokens must be created by their developer teams, not by Bitcoin halvings.
jr. member
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October 15, 2023, 08:26:17 AM
#47
Every business has a session, which is Bitcoin halving is the session of Bitcoin scarcity in the cryptocurrency market which really affect others Alt-coins price to be skyrocket base on the previous halving record. Secondly I just witnessed last halving that occurs 2020/2021 that makes Bitcoin all time high price value, which next having will be greater than previous years. Therefore the level of preparation determine the profits return investment during or after as the case maybe.
hero member
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October 14, 2023, 07:03:25 AM
#46
it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes .
accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
The halving cycle often occurs once every four years and in general there are not that many because I personally have only seen the halving twice and next year's will be the third time for me although for other people it may be more than that. So as before I also implemented a buying strategy before the halving happened and now it's the same way because now is a big opportunity for everyone to continue buying before the halving because when the increase is happening it will definitely be difficult to buy because you always have to use more capital.
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October 14, 2023, 05:46:26 AM
#45
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
it doesnt matter how many halving have we witnessed , instead what can we do before the halving comes .
accumulate now mate , buy as much as you can as long as tolerable losses if things goes sideways.
sr. member
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October 14, 2023, 02:45:55 AM
#44
I have experienced the previous two halvings. I knew about Bitcoin in it's early years but I didn't own any until late 2015. It is actually mind blowing that in just a few months the coinbase reward will be just 3.125 Bitcoin after starting at 50 BTC.

Based on previous history many are anticipating a new ATH soon after the halving. Circumstances evolve significantly over each period so it is not a guarantee. Governments are more aware of Bitcoin now and there is more regulation. There might be more ways to obtain Bitcoin but there will always be those who wish to suppress its adoption. I am looking forward to seeing the progress it is able to make the next four years.
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October 14, 2023, 12:57:35 AM
#43
I only experienced halving twice in 2016 and 2020, where the price of Bitcoin only increased in 2017 and 2021. It was a beautiful and exciting moment because I saw the price reaching ATH at each halving. I guess we will see it again at the next halving next year.

And the next halving next year will be the third halving for me. There is a possibility that the price will increase greatly beyond the previous ATH and there are many speculations that the price will reach above $100k. We will see what will happen in the next halving but we cannot know when the next ATH will occur.

Maybe the next ATH will occur in 2025 or 2026 because no one knows when.
legendary
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October 13, 2023, 09:08:09 PM
#42
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
This I believe to be a very honest question since I myself have had thoughts along this line on several occasions, I came to know about bitcoin in 2016, and in 2017/2018, there was a massive bull run which I completely missed or could not make anything out from because I was still very limited in my knowledge of crypto, then, I didn't even know what halving was  and neither did I have any idea that the halving was the catalyst behind the massive growth in the price of bitcoin which eventually extended to altcoins.

In 2020/2021, Another halving happened which also was accompanied with another massive bull run, for the bull run this time, most believed it was as a result of some institutional investors coming through and investing billions of dollars in bitcoin, this massive price growth of bitcoin also extended to altcoins as well.

Now, another halving is coming, and let me say that ordinarily, I myself do not expect the halving alone to push the price of bitcoin up, there is definitely something else that will do that job, and that I don't know just yet, Maybe the much anticipated Bitcoin ETF will be finally approved by the SEC in the halving period, and this will act as the catalyst that will drive the price of bitcoin to a new all time high.
So yeah, its good to be ready for anything, while we keep our fingers crossed and hope for nothing but the best.
legendary
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October 13, 2023, 07:58:53 PM
#41
I witnessed 2 halving, 2016 and 2020, I am a bit late to witness the halving of 2012 since I got to know Bitcoin in 2013 and registered here in the forum in 2014.  Bitcoin does not automatically enter a bull run right after the halving, it somehow enters a momentum building first for some time before it literally enters the Bull run that records new ATH.

Right after the ATH the market seems to have a correction and eventually enters a bear market.


Keep your expectations in check, because past performance is not indicative of future results. If you're just betting on a bull market after the halving, what will you do if you ended up being wrong? Your investment/trade thesis immediately crumbles.

True that but we cannot deny the fact that history has a tendency to repeat itself.  In a plan, there should always be another option for the "what ifs" things, a button for fail-safe.
hero member
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October 13, 2023, 07:58:19 PM
#40
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?

The bitcoin had posses many halves and many people get good benefit from each halves.The important factor is the bitcoin investors should ready to hold for the longer period.The previous halves was happened during the Covid time,So it help the many bitcoin holders to get the cash out with the reasonable money for the emergency time.As like the other savings,the bitcoin holding also help the bitcoin traders at the pandemic time.So the upcoming halves was expected one to the upcoming year.Many people holding their bitcoin for the next halves in 2024.
hero member
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October 13, 2023, 07:30:35 PM
#39
So far I’ve been in all the halving events besides the 2012. I wasn’t able to get into the induatry at least until 2016 when the first halving happened. It was cool and everyone was going bonkers for bitcoin back then as it was the first time that it broke well into the 20k mark. Looking forward to jiving into the next hlaving that’s coming next year and possibly the rest until I die. Bitocin’s just that cool when you wrap your head around it and while I initially had doubts over its longevity, it would seem as though these doubts will fade away with each halving passing by. Anywho, hope to see you when the halving comes bext year my friend.
hero member
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October 13, 2023, 07:25:30 PM
#38
Haven’t been around for just over 3years and have been active on the forum for barely 2, I haven’t really witnessed a halving for sure, nope. Yeah, I’ve been around for the halving but, wasn’t actively involved in cryptos or knew what it meant but, I’m sure to witness that of 2024 and hope to see the goods it would come with.
Can’t say I’m not optimistic about it and the possibility of a bullrun and it would be great to see some profits on the little I’ve starched away. Still trying to accumulate as much as possible though. It would mean another line of experience for me and depending on how it plays out, history would be strengthened in the space.
hero member
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October 13, 2023, 07:07:41 PM
#37
Keep your expectations in check, because past performance is not indicative of future results. If you're just betting on a bull market after the halving, what will you do if you ended up being wrong? Your investment/trade thesis immediately crumbles.
I've been here during the past two halvings, experiencing both bull runs and their crashes afterwards. Although statistics state that Bitcoin is probable to thrive some period after the halving is completed, there seems to be a correlation between halvings and their price, but it's still not enough to indicate that it's going to happen. Three previous halvings aren't enough samples to make such a statement; thus, it's best to set lower expectations to avoid falling short. Personally, due to the awful economic situation, I'm not too confident about the halving and a potential bull market coming after the cycle is finished. This complete chaos isn't very promising.
hero member
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October 13, 2023, 04:37:07 PM
#36
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.

I haven’t witnessed any either since I joined the bitcoin community just two years ago. But all the books and research I have done about bitcoin, there is no place I have read or heard that the bitcoin halving was not followed by a bull run that marks a new all time high for bitcoin. This time around won’t be different from others even though the market hasn’t shown much bullish nature since the beginning of the year as compared to the times it has been bearish.

I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?

Reduction of reward by miners is not the only factor that causes the price of bitcoin to spike up after halving. This could be a major reason amongst them, but that is not enough to trigger a very strong bull run in the market. I think demand and supply, market cap and circulating bitcoin also have a role to play in this. Those entering the market at the wrong time thinking it to be the right time will one way make this bull market possible as there is correlation between buying of bitcoin and price increase in bitcoin. Many of this factors may trigger it but I think they’ve to come together all to have a massive bull run.

Frankly even if we get over 60k I will do okay.

Not so many people will be pleased to see it not exceed or reach the current ATH. Everyone believes it will go higher than the current ATH, what made you think it won’t exceed that price level and you’ll be okay with it?
legendary
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October 13, 2023, 10:34:26 AM
#35
I have been through all of them

2012 and new ath in 2013 about 1,200
2016 and new ath in 2017 about 19,500
2020 and new ath in 2021 about 69,500
You have been through three halvings so what do you think about 2024 halving and future halvings after 2024?

There are 32 halving rounds and we can not live long enough to witness the 32nd halving but some more halvings are possible. I think in future, with future halvings, Bitcoin will have smaller effects for each halving because price can grow up with each halving but when Bitcoin market cap becomes big enough, it might be harder to increase more in price on the market. In future, Bitcoin will come to saturated time when halvings will have less price impact.

Bitcoin Spiral


Well I am  playing like we will do above 69.5k.

Frankly even if we get over 60k I will do okay.

We greatly expanded the mine. But we have not spent all of our profits doing so.
hero member
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October 13, 2023, 10:30:19 AM
#34
I got to know Bitcoin in mid-2017, so I  missed that of 2016 halving. The 2020 Bitcoin halving was the very first time I experienced halving. I can tell you that the experience was great with the performance of Bitcoin and cryptocurrency then, where most of my portfolios did greatly after the halving, with the Federal Reserve printing 20% more money in existence as a catalyst to the bull run after the main event. No one no knows what this particular one would be like seeing the kind of event that has taken place lately, precisely the crumbling economies of the world as a result of the increasing inflation.
hero member
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October 13, 2023, 10:17:49 AM
#33
I have been through all of them

2012 and new ath in 2013 about 1,200
2016 and new ath in 2017 about 19,500
2020 and new ath in 2021 about 69,500
You have been through three halvings so what do you think about 2024 halving and future halvings after 2024?

There are 32 halving rounds and we can not live long enough to witness the 32nd halving but some more halvings are possible. I think in future, with future halvings, Bitcoin will have smaller effects for each halving because price can grow up with each halving but when Bitcoin market cap becomes big enough, it might be harder to increase more in price on the market. In future, Bitcoin will come to saturated time when halvings will have less price impact.

Bitcoin Spiral
legendary
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October 13, 2023, 10:13:37 AM
#32
I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
~snip~

As if there have been 30 halvings so far and not just 3, so we can make some meaningful conclusions on the basis of which someone should be satisfied with the answer. What is evident is that the price of BTC increases less and less after each halving and therefore it would be realistic to expect that the next halving will not cause more than x3 compared to the last ATH ($69k).

Everything anyone writes is just guesswork and mere speculation, as anyone can hope for a positive outcome, there is always the possibility that history will not repeat itself.
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