Topic: Less than 80 days until the 4th Ever #Bitcoin Halving - page 3. (Read 868 times)
my guess... nothing will happen at first, we will not see the spikes, but after a few months, it will most likely go up only
So can you tell me what has happened and will happen to ETH, BNB or even LTC? Because as far as I know, the altcoins I mentioned and many others have brought thousands of percent returns to many people like bitcoin did to its early investors.
Let me answer that. Nothing will happen to these. The first two will remain centralized shitcoins and the last one will remain a rather useless copy of bitcoin. Every now and then there is either some hype that brings some attention to these coins (eg. LTC halving, ETH forking, some celebrity advertising it) or a pumping group picks up one of these shitcoins and pumps them. During that small period of time they become very profitable as they get pumped. After the pump ends and the dumps begin, they go back to being useless shitcoins with no profit to be made by bag holding them. 
The Bitcoin Trend w/ every halving is an increase in price and I believe we will continue to see this until the price is 1 Mil/coin and then after that the price will go up much faster IMO
1 million USD per bitcoin or more, this is what any bitcoin investor wants to become a reality. But bitcoin's price increase is due to many factors, not just the halving. Influences such as demand, political influence, and the world macroeconomic situation will have different impacts in each period...So I think we should not be subjective that the price of bitcoin will always increase, but we should think about the bad scenario and have a plan for it. Just like the upcoming cow season, we don't have evidence to be 100% sure that it will come, everything just stops at our predictions.
I mean just based on these findings below if this was a multiple choice question that stated:
"What will be the price of bitcoin after its 4th halving?"
A- 8,432
B- 16,864
C- 33, 657
D- 75,021
If I was just looking at the facts and looking at the trend, I would say the answer is D!
Now this is a completely made up question/answer but you see where I am going with this.
The Bitcoin Trend w/ every halving is an increase in price and I believe we will continue to see this until the price is 1 Mil/coin and then after that the price will go up much faster IMO
"What will be the price of bitcoin after its 4th halving?"
A- 8,432
B- 16,864
C- 33, 657
D- 75,021
If I was just looking at the facts and looking at the trend, I would say the answer is D!
Now this is a completely made up question/answer but you see where I am going with this.
The Bitcoin Trend w/ every halving is an increase in price and I believe we will continue to see this until the price is 1 Mil/coin and then after that the price will go up much faster IMO
Well, I'm blunt about certain topics! So I have to disagree. Those bag-holding such altcoins "may get lucky" and their bags get pumped but they can't call themselves "investors" or what they have a "portfolio" because what they really have is a "lottery ticket" considering they don't have a potential to rise, they should only get pumped to rise.
They are greedy speculators but they are not investors. They only spend money, speculate that altcoins which they consider as hidden gems, will help them to be millionaires in a bull run. They don't think about a bear market and what will happen with those altcoin hidden gems in a bear market.Dead Coins: Over 50% of Cryptocurrencies Have Failed
So can you tell me what has happened and will happen to ETH, BNB or even LTC? Because as far as I know, the altcoins I mentioned and many others have brought thousands of percent returns to many people like bitcoin did to its early investors.
Those who are stubborn and believe that bitcoin is the only investment in the market are just like traditional investors. They stubbornly believe that gold and real estate have real value and are worth investing in, while bitcoin has nothing and is not worth investing in. In your opinion, BTC and ETH, which project will bring better profits in the next bull season?
How can you be so accurate about the halving days. I mean it’s very near but predicting the days exactly is really hard. Nevertheless our only task right now is to accumulate as many Bitcoins as we can in this low price time. Once the price goes up it will be very hard to buy in cheap. Hence we shouldn’t complain about the price and should wait for it patiently. Soon Bitcoins will break the records.
Most of the time, the countdown to halving is only a day early or a day off so this is the likely reason why they are somewhat on the dot on the halving, there's also the blockchain to check which block is recent so you can easily just calculate how much time it takes for a block to be mined and then count how many blocks left to get to the halving block which is the 210,000th block I think that's how they count it. I think it's still reasonable to complain about the price, not everyone can get a good value of bitcoin with it's current price but no matter what complaint you've got, you're right that it's difficult to buy cheap since the price just can't stop pumping, that's why it's important to do DCA so you're not missing out even though you're complaining about the price. 
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
That's true, we never know but that doesn't mean that traders and equally investors should start panicking because the price of Bitcoin doesn't go in their favor. Everything in the crypto world is about risk and if you don't have the courage of holding is best you do the needful. As it is Bitcoin price isn't moving in a positive direction and anytime soon the price might go down.
Nothing to get panic even if their expectations didn't meet for a while and as said there's still plenty of time for bitcoin to go up so getting so tense in current situation cannot help them. If they are worried about other possibilities like a bull run will not happen then I guess they don't have patience to wait and maybe a little more dump will come they are the one who immediately dump their holdings. If they want to hold then sell once halving occur or pass then maybe its better to acquire then forget about it for a while so that any negative effect in the market can affect them and also they can continue to their target that to sell on the timeline they set for their holdings.
How can you be so accurate about the halving days. I mean it’s very near but predicting the days exactly is really hard. Nevertheless our only task right now is to accumulate as many Bitcoins as we can in this low price time. Once the price goes up it will be very hard to buy in cheap. Hence we shouldn’t complain about the price and should wait for it patiently. Soon Bitcoins will break the records.
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
That's true, we never know but that doesn't mean that traders and equally investors should start panicking because the price of Bitcoin doesn't go in their favor. Everything in the crypto world is about risk and if you don't have the courage of holding is best you do the needful. As it is Bitcoin price isn't moving in a positive direction and anytime soon the price might go down.
True. It seems like the emotional feelings types cannot handle investments like Bitcoin and crypto. Too much emotion does make people panic sell at a loss.
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
That's true, we never know but that doesn't mean that traders and equally investors should start panicking because the price of Bitcoin doesn't go in their favor. Everything in the crypto world is about risk and if you don't have the courage of holding is best you do the needful. As it is Bitcoin price isn't moving in a positive direction and anytime soon the price might go down.
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
That's true, we never know but that doesn't mean that traders and equally investors should start panicking because the price of Bitcoin doesn't go in their favor. Everything in the crypto world is about risk and if you don't have the courage of holding is best you do the needful. As it is Bitcoin price isn't moving in a positive direction and anytime soon the price might go down.
Well, I'm blunt about certain topics! So I have to disagree. Those bag-holding such altcoins "may get lucky" and their bags get pumped but they can't call themselves "investors" or what they have a "portfolio" because what they really have is a "lottery ticket" considering they don't have a potential to rise, they should only get pumped to rise.
They are greedy speculators but they are not investors. They only spend money, speculate that altcoins which they consider as hidden gems, will help them to be millionaires in a bull run. They don't think about a bear market and what will happen with those altcoin hidden gems in a bear market.Dead Coins: Over 50% of Cryptocurrencies Have Failed
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BTW when I say rise, I'm talking a bout their value going up which would show up in their price going up against bitcoin not when bitcoin price goes up and they get dumped against bitcoin but their dollar price goes up a little creating the illusion of a rise
Price and value are different and only solid projects can have value. With altcoins, their prices are over estimated and people more easily spend money to buy altcoins in a bull market. They only look at prices of those coins and ignore value of those projects.When a bull run gone, altcoins die and because they have no values, in a bear market their prices will drop like 90% or 99%.
But to be nice and fair to the users who like HODLing altcoins, there's probably two or maybe three altcoins that might be good as long term investments.
Well, I'm blunt about certain topics! So I have to disagree. Those bag-holding such altcoins "may get lucky" and their bags get pumped but they can't call themselves "investors" or what they have a "portfolio" because what they really have is a "lottery ticket" considering they don't have a potential to rise, they should only get pumped to rise.BTW when I say rise, I'm talking a bout their value going up which would show up in their price going up against bitcoin not when bitcoin price goes up and they get dumped against bitcoin but their dollar price goes up a little creating the illusion of a rise.
but I want to remind you that during the 2021 bull season, Doge is up x100 and Shiba is up x1000 since their lows. Can Bitcoin do it these days?
That's exactly the pumps I was talking about. You don't need to become a bag-holder to enjoy such big pumps and the resulting profit. No doubt Bitcoin ETF was the sell the news event, but bitcoin Halving is something different. The price of bitcoin may dump near the bitcoin halving, whether it be pre-halving period or Post-halving period but after that we are sure to see another big bull reason that may melt faces 
I am sure, no one can expect the bitcoin price top in the next bull season. This is going to be enormous.
I am sure, no one can expect the bitcoin price top in the next bull season. This is going to be enormous.
It is not possible to predict the price of Bitcoin, it is a possibility that pre halving and post halving the price of Bitcoin doesn't have change and it remains hovering between 43 to 48k. After halving if you take an average Bitcoin takes nearly 1 year to get into bull phase. Before bull either the price gets dumped or it moves sideways. Since Bitcon ETF approval was a news that was used to pump the price we saw market going into green. The ETF approval would help the price of Bitcoin to surpass the last ATH , but we will need to wait for that day to come.
The Bitcoin ETF is over and everyone is expressing disappointment about it because bitcoin could not increase in price immediately after the ETF was approved. I think people have stopped thinking about it and are focusing more on the halving. But most will continue to be disappointed and dump their bitcoins if they blindly look forward to the halving event. Similar to ETFs, halving events have never caused bitcoin to increase in price immediately after, everything takes time.
By the way, if you believe history, the real bull season will come 1 year after the halving, not 2 months.
People are expecting the value to increase overnight with the launch of ETFs in the United States, when in reality this is a movement that will take time to happen... Take the example of gold, each candle represents one month. it took a few months for the price to rise after the ETF
What I find funny is that people always think that bitcoin is not a get-rich-quick investment and they are willing to hold bitcoin for the long term. But they immediately became disappointed, complaining and blaming the ETF when bitcoin did not spike as they expected. As I said, I believe this will happen again when the halving happens, they will continue to repeat words and actions expressing disappointment that bitcoin will not increase in price immediately either.
Not just a few months but we will even have to wait 1 or 2 years to see the real impact of those events on bitcoin. But the problem is that not too many people can wait until it happens.
No doubt Bitcoin ETF was the sell the news event, but bitcoin Halving is something different. The price of bitcoin may dump near the bitcoin halving, whether it be pre-halving period or Post-halving period but after that we are sure to see another big bull reason that may melt faces
I am sure, no one can expect the bitcoin price top in the next bull season. This is going to be enormous.
Today I saw an interesting video by Joe Burnett [Head Analyst at Blockware Solutions], regarding upcoming Halving, you could stream it on Youtube
So the season of halving is here, speculations about Bitcoin halving are everywhere now. So now there is only one question in everyone's mind what the upcoming Bitcoin halving means!
you can say mining rewards are cut in half, new bitcoins are entering into the network in half, blah blah...
In simple words, we could say "Supply Reduction", the supply gets cut in half.
There is a historical chart of supply and demand that everyone knows
For exmpl, the oil supply to USA getting cut in half. Does the price go up or down?
A reduction in the supply of commodities, while demand remains constant or increases, typically leads to higher prices.
📌2012 Bitcoin Halving(1st):
Total new Bitcoins Supply will be: 5.2M+ BTC
Price on Halving Day: $12.35
New ATH: $12K+
Before 1st halving the new bitcoin supply was ~10M+, so miner had to sell that sum of BTC to cover their mining expenses and take a profit.
After the halving, the new bitcoin supply was ~5.2M+ BTC, so it is simple that miners will never sell that sum of BTC at the same price they sold before the halving. So a baby can understand price must have to go up to buy fresh BTC from miners. When selloff done BTC got its new ATH $12K+
📌2016 Bitcoin Halving(2nd):
Total new Bitcoins Supply will be: 2.6M+ BTC
Price on Halving Day: $670
New ATH: $19K+
In 2nd Halving, supply was reduced and miner had to sell a lower amount of BTC to cover their expenses and make profit, so automatically prices had to go up to make the system functional. After the selloff, BTC got its new ATH $19K+
Here supply was reduced by (~half) and the price increased to (~double)
📌2020 Bitcoin Halving(3rd):
Total new Bitcoins Supply will be: 1.3M+BTC
Price on Halving Day: $8787
New ATH: $60K+
Now come to Twenty Twenty halving, supply reduced by (~half), Demand increased (~3x)
Market got a new ATH of $60K+ because of the vast adoption of BTC and Institutional adoption.
📌2024 Bitcoin Halving(4th):
Total new Bitcoins Supply will be: 600K+ BTC
Price on Halving Day: ??
New ATH: ??
After the 4th halving miner will be able to generate only 600K+ fresh BTC to cover their expenses and fulfill their satisfaction. only 600K😲😲!! 17500x lower from the Genesis day!! So miners will never release their fresh BTC to anyone if he does not offer a handsome amount of $ $🢁
Source: bitget.com
The pool of marginal sellers are drying up day by day🌵,, Could you imagine where the price will go after the halving!!
Actually, I don't think we people understand how big it will be. Before, we always had selling pressure from miners, now we're going to have continued buying pressure.
It will be the historically biggest pump ever we have seen when the selling pressure from GBTC runs out.
However, this financial market is influenced by various factors, price movement is also complex. But the direction is constant, it's only 🚀🚀.
So, I wanna say if you guys were able to work out in which way the price of oil goes then you could make your fate...
What do you think will be the price on halving day??
Very nice post, merited. You should always remind Bitcoin noobs about the effect of halving. Selling today (January-February) has no sense. Halving is one of the pillars of Bitcoin economy and one of the events which brings the price up. If you'd like to sell for some reason, please wait for at least March-April. The price normally starts to go up before the halving, so on a halving day it won't probably grow so much, but who knows. My guess is that we should approach the previous ATH area of $60-70k.
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
I've been in the market during the worst times, I mean the time that the market will be so uncertain, the time that it will be so unusual, too volatile and scary, yet, the technical chart has always been my good guide. This is what I believe everyone should use this time both before and after halving so that we will not be a blind follower of the history/tradition in relation to what is coming. Also, DCA is a very good approach as you advised, after all, it is good in any market condition, and since this is an investment and not trading, it will be no issue at all.
I have settled my Bitcoin but looking for Altcoins to add in my folio, I have small amount
waiting for the best altcoins to be part of my Holding , is there any reccommendation ?
Altcoins are only good for short term traders who can quickly get in and out of them without losing money considering how they only get pumped and dumped. They are terrible for "investment" where you create a "portfolio" and only watch your money melt away in long term.waiting for the best altcoins to be part of my Holding , is there any reccommendation ?
If you intend to hold for 10 to 20 years, bitcoin is the best choice. But if you are only investing for 1 to 2 years then altcoins are not a bad choice and this is the best time to start with altcoins as we are approaching bull season. I guess you don't invest in altcoins, but I want to remind you that during the 2021 bull season, Doge is up x100 and Shiba is up x1000 since their lows. Can Bitcoin do it these days? Bitcoin is great but altcoins should not be overlooked so we can increase our wealth significantly in the medium term.
Many potential altcoin projects are being deployed to prepare for the bull season and the possibility that they will bring x10 profits is very easy, we should not stubbornly miss such opportunities.
From an entirely investment perspective, and knowing that 99% of the protocols behind those altcoins are either flawed or doesn't really work, then in my personal opnion - that's a fair "evaluation". Plus because most of them surge because of hype, then the newer altcoins, with an upgraded narrative, may give the holder a better ROI than the older ones.
- Compare the performance of a "new altcoin" with more bells and whistles with, an altcoin like Litecoin.
I believe Litecoin probably has reached price discovery, and it might have nothing more after two more market cycles.
I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.
well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.
I have settled my Bitcoin but looking for Altcoins to add in my folio, I have small amount
waiting for the best altcoins to be part of my Holding , is there any reccommendation ?
Altcoins are only good for short term traders who can quickly get in and out of them without losing money considering how they only get pumped and dumped. They are terrible for "investment" where you create a "portfolio" and only watch your money melt away in long term.waiting for the best altcoins to be part of my Holding , is there any reccommendation ?
If you intend to hold for 10 to 20 years, bitcoin is the best choice. But if you are only investing for 1 to 2 years then altcoins are not a bad choice and this is the best time to start with altcoins as we are approaching bull season. I guess you don't invest in altcoins, but I want to remind you that during the 2021 bull season, Doge is up x100 and Shiba is up x1000 since their lows. Can Bitcoin do it these days? Bitcoin is great but altcoins should not be overlooked so we can increase our wealth significantly in the medium term.
Many potential altcoin projects are being deployed to prepare for the bull season and the possibility that they will bring x10 profits is very easy, we should not stubbornly miss such opportunities.
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