Surely the halving will happen in 2024 and I'm excited. This is a great time to build goals and plans to increase positions and concretize profits. The market and holding trend seems to be ready because of the expectation that each halving, bitcoin will grow explosively.
https://academy.binance.com/en/halving
Block until halved 60,560 - it is an estimated ratio.
Topic: How much time For next halving? - page 2. (Read 527 times)
previous history suggested that when halving take place in previous year then as a consequence of this halving the price of bitcoin become enhanced and now there is an estimation that after every halving the value of bitcoin goes to pump.
experts of cryptocurrency says that next halving will occur in next year I mean in 2024 and as In previous year value become enhanced so same will occur in 2024 and the worth will be boost.
All these things are record according to estimation and not anyone has real knowledge about halving, its exact date and effects.
experts of cryptocurrency says that next halving will occur in next year I mean in 2024 and as In previous year value become enhanced so same will occur in 2024 and the worth will be boost.
All these things are record according to estimation and not anyone has real knowledge about halving, its exact date and effects.
I am really excited about the Bitcoin block halving especially when a lot of people are using this Bitcoin block halving event as an indicator of the next bull run or bull market.
To be honest personal opinion, this is also what I can see, a few months before the Bitcoin block halving is exciting for me because the pump will not be on the day of the block halving but it is happening before the day, that's what I saw on the previous block halvings.
To be honest personal opinion, this is also what I can see, a few months before the Bitcoin block halving is exciting for me because the pump will not be on the day of the block halving but it is happening before the day, that's what I saw on the previous block halvings.
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
Speaking about halving effect? Its always been bullish but we cant be sure on what would be the dates in regarding on this one
but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
I agree with this, history need not repeat itself but a priori we can assume that halving the reward for mining a block is most likely to have a positive effect on the price due to supply and demand.
It is worth remembering that the bull market has tended to occur about a year after halving, not immediately after. That would be more than two years from today. By then central bank policy may have taken a different direction or the war in Ukraine may be over. Depending on these or other events, there will also be a greater or lesser effect on the price, but in general a reduction in supply increases the price as long as demand remains constant (or even increases), and the demand side I am sure will at least hold up.
FOMO plays a part, however the price increase takes some time as the miners begins to adjust to this new reality of getting less bitcoin with each block they mine, so miners are the ones which set a floor as they are not willing to sell their coins for a loss, and this floor keeps getting higher as they need to remain profitable to keep mining bitcoin, eventually traders and investors catch up and this is what causes the slow growth we see after the halving.
Of course FOMO plays role in the process of rising bitcoin prices, but in any case a correction can always be expected. Some miners should also consider selling their bitcoin even though the amount of the reward has been reduced, this is done to cover operational costs even though the price is low. I don't think that's the case, but they have to keep living amidst the increasing difficulties. 
Halving day is what we are waiting for, with halving day we can get better profits, transaction costs that are becoming expensive of course make transaction volume decrease and most people buy because they understand prices will go up, and the halving day trend that has occurred several times makes Fantastic price increase.
based on the experience that has been made, it seems that what you said is something that is really eagerly awaited where there will be a sharp increase when the halving day occurs. but is it possible to change and be different from what has existed so far? the possibility could have happened and no one can prove exactly other than waiting for the time. if you go back to the past where it happened, you can be sure that repetition will be more believable.Of course, with this, everyone who already knows will definitely buy and hold it until the halving day comes.
No one has a crystal ball to predict the future, but it has happened 3 times in the past, so there's nothing wrong with people continuing to hope history repeats itself. Everyone wants bitcoin to go up in price and hit ATH to make a profit, so everyone having a positive mindset is essential.
But again and again, in addition to expecting bitcoin to have a new ATH after the halving, there should also be a plan if that doesn't happen. I don't know if history will repeat itself, but I will only sell my bitcoins when I hit my target or make enough profit.
Halving day is what we are waiting for, with halving day we can get better profits, transaction costs that are becoming expensive of course make transaction volume decrease and most people buy because they understand prices will go up, and the halving day trend that has occurred several times makes Fantastic price increase.
based on the experience that has been made, it seems that what you said is something that is really eagerly awaited where there will be a sharp increase when the halving day occurs. but is it possible to change and be different from what has existed so far? the possibility could have happened and no one can prove exactly other than waiting for the time. if you go back to the past where it happened, you can be sure that repetition will be more believable.Of course, with this, everyone who already knows will definitely buy and hold it until the halving day comes.
Speaking about halving effect? Its always been bullish but we cant be sure on what would be the dates in regarding on this one
but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
Halving creates fomo because there are less Bitcoin being put into circulation after each block reward it is a basic mathematical idea that it will increase in price because of there being more demand for some thing that gets lesser as time goes on. It will go up after the halving but it is hard to put a time frame on when it will increase. FOMO can take a while to happen. but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
So next July is also the more correct readjusted time,
The halving will probably happen much sooner.There are 61,287 blocks until the next halving. For the halving happens in the July of next year, it is required that these 61,287 blocks take at least 702,720 minutes to be mined which gives us the average block time of 11 minutes and 28 seconds. That's very unlikely.
10 minutes is the correct estimate for when the event arrives that will half block reward. However this time can vary as it is not constantly readjusted hence the event timing is variable. Had we not adjusted difficulty upwards recently the halvening would have appeared around 1 year from now I think I read. Thats far too early and presumes we keep too low a timing much below 10 minute block times.
I always thought a sub 10 minutes block time is efficient and should happen more often but I guess its not how its supposed to be and it relates to security of the entire blockchain. So next July is also the more correct readjusted time, really it depends how much we vary and deviate from this precise time to each block as the actual event ties to a block number not date.
In any case, the hype that precedes an event any event bullish and bearish is always traded in anticipation, price will include the adjustment before it actually occurs. Markets guess beforehand, I'd say end of this year is probably the latest we dont include the future constriction of block reward in some way. My argument is also that it matters less then the prior change and much less then the one before, etc.
I always thought a sub 10 minutes block time is efficient and should happen more often but I guess its not how its supposed to be and it relates to security of the entire blockchain. So next July is also the more correct readjusted time, really it depends how much we vary and deviate from this precise time to each block as the actual event ties to a block number not date.
In any case, the hype that precedes an event any event bullish and bearish is always traded in anticipation, price will include the adjustment before it actually occurs. Markets guess beforehand, I'd say end of this year is probably the latest we dont include the future constriction of block reward in some way. My argument is also that it matters less then the prior change and much less then the one before, etc.
Speaking about halving effect? Its always been bullish but we cant be sure on what would be the dates in regarding on this one
but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
Halving creates fomo because there are less Bitcoin being put into circulation after each block reward it is a basic mathematical idea that it will increase in price because of there being more demand for some thing that gets lesser as time goes on. It will go up after the halving but it is hard to put a time frame on when it will increase. FOMO can take a while to happen. but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
Next Bitcoin Halving can effect crypto market ?
price will Pump ?
For those who dont know yet then we do have some countdown sites on upcoming halving.price will Pump ?
https://academy.binance.com/en/halving
https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving
Speaking about halving effect? Its always been bullish but we cant be sure on what would be the dates in regarding on this one
but im not really that too optimistic because we know that history could neither happen once again or would be seeing different this time.
Is this bitcoinblockhalf just speculation and prediction based on the events of the previous two bitcoin halvings?
The date displayed on bitcoinblockhalf or any other website is just an estimation. bitcoinblockhalf assumes that next blocks will be mined with the average time of exactly 10 minutes. Till now, 778491 blocks have been mined and there are 61509 until the next having. Assuming these 61509 blocks will mined at the rate of 1 per 10 minutes on average, the halving will be 615090 minutes or 427 days later. This is exactly what estimated by bitcoinblockhalf.
Other websites may use different methods for estimating the halving date.
There are several websites that do keep post updated about the countdown for the halving like this: https://bitcoinblockhalf.com/
And if the bitcoin halving will affect the price? Definitely. We gotta learn from the past where halving did a major contribution to the price of bitcoin and to the entire crypto market. As most of the crypto is also going wherever bitcoin is going, they'll also increase in prices but not all of them will still be alive by that time. It's very likely that we see the price of bitcoin go up after the halving, it may be on an instant just after the halving but give it time until a year or two for its effect.
And if the bitcoin halving will affect the price? Definitely. We gotta learn from the past where halving did a major contribution to the price of bitcoin and to the entire crypto market. As most of the crypto is also going wherever bitcoin is going, they'll also increase in prices but not all of them will still be alive by that time. It's very likely that we see the price of bitcoin go up after the halving, it may be on an instant just after the halving but give it time until a year or two for its effect.
Is this bitcoinblockhalf just speculation and prediction based on the events of the previous two bitcoin halvings? Because according to what I also saw with the bitcoin halving, the derecho did not increase immediately, but it increased gradually.
That's why it's still good to save little by little in our wallets. But that's okay, at least we have guidelines for this matter, even if it's not the exact date and year that the halving will happen.
There are several websites that do keep post updated about the countdown for the halving like this: https://bitcoinblockhalf.com/
And if the bitcoin halving will affect the price? Definitely. We gotta learn from the past where halving did a major contribution to the price of bitcoin and to the entire crypto market. As most of the crypto is also going wherever bitcoin is going, they'll also increase in prices but not all of them will still be alive by that time. It's very likely that we see the price of bitcoin go up after the halving, it may be on an instant just after the halving but give it time until a year or two for its effect.
And if the bitcoin halving will affect the price? Definitely. We gotta learn from the past where halving did a major contribution to the price of bitcoin and to the entire crypto market. As most of the crypto is also going wherever bitcoin is going, they'll also increase in prices but not all of them will still be alive by that time. It's very likely that we see the price of bitcoin go up after the halving, it may be on an instant just after the halving but give it time until a year or two for its effect.
But the time seems to be adjusting based on the hash rates, if it continue to go up, then maybe it will be the last week of April if I'm not mistaken. So I guess we shouldn't be totally embroidered with the date, it will definitely come.
Assuming there will be no change in the hash rate and the next blocks will be mined at the rate of 1 per 10 minutes on average, the halving will be 430 days later which will be the last week of April.If the hashrate increases and blocks are mined faster, the halving can happen even earlier.
Exactly, so far the closest schedule that we can see is the last week of April for now.
But who knows, maybe in the next couple of months the hashrate is going to increased and for anyone who are interested, they can look it here:
https://ycharts.com/indicators/bitcoin_network_hash_rate
Quote
Bitcoin Network Hash Rate is at a current level of 262.77M, down from 332.85M yesterday and up from 183.51M one year ago. This is a change of -21.05% from yesterday and 43.19% from one year ago.
Next Bitcoin Halving can effect crypto market ?
price will Pump ?
price will Pump ?
- There will be no accurate answers to your questions mate. Didn't you read here in the forum that the market is unpredictable because of the volatility it has?
All I know is that when Bitcoin's halving starts, it is certain that many altcoins in this industry will not be able to keep up with what Bitcoin will do, only top altcoins will be able to follow this halving that will happen.
It will definitely have a trickle effect on the whole market, and that we can call bitcoin halving as the catalyst for the bull run every four years. And so far it hasn't break this trend so everyone is waiting for it.
As whether how much the price of bitcoin will be pump is anyone's guess.
Others predicting like $120k minimum, but there are exaggerate like $300k. So no one exactly knows.
Next Bitcoin Halving can effect crypto market ?
price will Pump ?
price will Pump ?
- There will be no accurate answers to your questions mate. Didn't you read here in the forum that the market is unpredictable because of the volatility it has?
All I know is that when Bitcoin's halving starts, it is certain that many altcoins in this industry will not be able to keep up with what Bitcoin will do, only top altcoins will be able to follow this halving that will happen.
It is possible that bitcoin halving will bring a pump to bitcoin price after some few months from the halving,due to the law of demand and supply. During the halving there will be few mined bitcoin, but the exact amount of the price is what is unpredictable. Looking at past events of bitcoin halving, am sure it will be within the month of April.
It is time to keep buying more bitcoin to your investment because during the halving the price might be high for someone who didn't buy earlier before then. Bitcoin halving do trigger the bull market and that is why so many investors who understand this,are waiting patiently to see the impact it will add to the market
It is time to keep buying more bitcoin to your investment because during the halving the price might be high for someone who didn't buy earlier before then. Bitcoin halving do trigger the bull market and that is why so many investors who understand this,are waiting patiently to see the impact it will add to the market
But the time seems to be adjusting based on the hash rates, if it continue to go up, then maybe it will be the last week of April if I'm not mistaken. So I guess we shouldn't be totally embroidered with the date, it will definitely come.
Assuming there will be no change in the hash rate and the next blocks will be mined at the rate of 1 per 10 minutes on average, the halving will be 430 days later which will be the last week of April.If the hashrate increases and blocks are mined faster, the halving can happen even earlier.
Jump to: