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Topic: The Halvings impact on Bitcoins price - page 4. (Read 1207 times)

hero member
Activity: 1624
Merit: 500
So far, I have only speculated about prices above $ 13,000. even like that, we don't know what will happen. so many people are speculating out there, starting from the new ATH, to prices that reach more than $ 50k. so far, I've only focused on the price of $ 10k. as far as I'm sure, the price of bitcoin will definitely pass through the wall before or after halving is finished.
hero member
Activity: 2996
Merit: 609
How do you think Bitcoins price will be impacted by the Halving in 2020?

Historically, ATH happens one year after halving.

To be specific, 2013 ATH came 368 days after halving in 2012. 2017 ATH came 525 days after halving in 2016.

So, if the trend continues, next ATH will be in 2022.
Well said!

But doesnt mean that the future would really looks like the same on what happened in the past but at least we do already have some presumptions
on when the price can possibly shoot up.The thing here is that most people do expect for short term results without even looking back on how
the price had moved which do really takes for some time.Impacts is there but lets see if this upcoming halving would be similar just like in the past
(Hopefully).
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Most of them will still use their machines because the reality is, if you have the machines already then you already made the biggest cost and you got over the hump, sure you could stop the machines and buy bitcoin with the electricity money instead but I guess that has been a thing for a long time now yet those smaller miners are still mining.

Moreover, there are plenty more miners these days compared to 2016, back those days there were few companies, nowadays there are many big companies who found funding somewhere and they have been starting to pop up everywhere too. So all in all we are talking about a lot more bitcoin being mined. Also about the selling, if they weren't making profit with the current situation they won't with halving, but if they were making a profit they would be still selling some and keep rest, they will probably keep selling the same exact amount anyway.
sr. member
Activity: 1246
Merit: 255
Your analysis is quite simple and feasible, the price value is improving gradually though it's not yet reflecting much in the the coin market. I sense it may still have to drop before it will now begin to re-pick,we may not tell if the pandemic will have an influence on the value, but by my own prediction the rising may be around September.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
The article is pointing to the miners and it's lesser reward.

What are you anticipating? price of bitcoin will go down so the value of their rewards that they'll mine will also go down? isn't it that halving per se gives more valuing power for the price to increase?

If you look at the previous Halvings, the price went down for 6 months before it reached new highs. The Halving will decrease inflation, but that doesn't help the short term Bitcoin price because miners will be earning less and will be selling.

The Halving is great in the long term, but we've been priced in for awhile. No one outside of crypto is looking at the Halving right now and thinking "im gonna buy".
My bad. I haven't considered the immediate effect of it just like what I've witnessed in 2016. The price didn't rose quickly like what I'm trying to defend.

Feels bad for the small-time miners but I guess they have their game plan once halving is done.
hero member
Activity: 1722
Merit: 528
Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

You can be right that it will be positive impact because halving has not have any negative impact but the price expectation of $15,000 is low. Remember that in 2017, it has hit $20,000 and above, so this time should go beyond that as mining is expected to be limited.

In my opinion, I think it would not be the same as in the past years

Right now, the price is getting better and better. From $6K we see the price rose to $9.3K now. We are not even at post-halving and I thought that this would happen after the halving. Maybe there are some investors that are taking advantage of this price and thinking it will be having a price higher than this after the halving, the price might still drop before the halving though.
sr. member
Activity: 2016
Merit: 322
Full Read: https://www.forrestvisions.com/blog/bitcoin-halving-2020


I know everyone is excited about the halving and its possible implications on the price of Bitcoin in both the short and long term. To get a good view you need to research previous Halvings, and lucky for you we already did! Check out the blog post above and see how the Halving will impact Bitcoin, the anwser might surprise you.



How do you think Bitcoins price will be impacted by the Halving in 2020?
Firstly, I must say the article was pretty good and the language is very easy to understand so well done. I like how the article says that the halving has made sure the bitcoins are released to the market at a slow speed which brings more value to the bitcoins and how miners are affected with the halving.

In my personal opinion halving does affect the price positively because the same bitcoins technically have the double value after halving. I mean if you are a miner who finds a block before halving you get double of what you would get if you found the block after halving. I am pretty sure the halving will affect the price and it will go up but don't expect a massive change to be honest.
sr. member
Activity: 700
Merit: 255
How do you think Bitcoins price will be impacted by the Halving in 2020?

Historically, ATH happens one year after halving.

To be specific, 2013 ATH came 368 days after halving in 2012. 2017 ATH came 525 days after halving in 2016.

So, if the trend continues, next ATH will be in 2022.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
The article is pointing to the miners and it's lesser reward.

What are you anticipating? price of bitcoin will go down so the value of their rewards that they'll mine will also go down? isn't it that halving per se gives more valuing power for the price to increase?

If you look at the previous Halvings, the price went down for 6 months before it reached new highs. The Halving will decrease inflation, but that doesn't help the short term Bitcoin price because miners will be earning less and will be selling.

The Halving is great in the long term, but we've been priced in for awhile. No one outside of crypto is looking at the Halving right now and thinking "im gonna buy".
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
The article is pointing to the miners and it's lesser reward.

What are you anticipating? price of bitcoin will go down so the value of their rewards that they'll mine will also go down? isn't it that halving per se gives more valuing power for the price to increase?
full member
Activity: 1330
Merit: 147
I've known how the impact halving event in 2017 ago, at that time I was newbie and just have less known what bitcoin is. I just know bitcoin was going up and up and it made me interested to know more about bitcoin.

Now, halving event will be happen again and seem like many people have been prefered against it. As you can see the rapid increasing price that has happened althougg we are in pandemic situation.

Based on that I just thinking that halving event will push bitcoin's price to new all time high. The people have been considering that bitcoin can be made as store of value in any situation. More than that, the volatility of bitcoin's price will be reduced since there are a lot of platform who offer derivatives way to gain money through bitcoin.
hero member
Activity: 2828
Merit: 518
There were thrill in the last two Halvings but now the excitement is really hard because of the pandemic, people are really worried and not sure about the pump this time. I don't think the BTC Halving could be an impressive one I mean when compared to the last two Halvings.

At this moment people are really worried about this pandemic, so my prediction is 11k.
Yes, they are worried because they become hopeless about this.
I feel the uncertainty around and people are becoming doubtful about the potentiality of the market to have another ATH again. It was the excitement and they are badly disappointed as the saw that this coming halving won't make a huge pump but rather to keep the market low.
I ain't lose my optimism but I accept the reality that Bullrun seems to be a little bit impossible this year.
legendary
Activity: 1806
Merit: 1521
This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we? Tongue

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....
Do you think that the hype is created artificially around an empty place?  If we compare the previous results of the halving, then they were very successful for bitcoin.

That is debatable. What we know is BTC has been in a 10-year uptrend that has spanned 2 halvings. The net effect of the halvings themselves is not obvious. We can only say that broadly speaking, BTC was going up before previous halvings and also went up after.

Zooming in to 2016, the argument for a "sell the news" event is obvious. While some point to the August Bitfinex hack as the reason BTC fell to its mid-$400s lows, my recollection of sentiment is that the halving was pretty central. The market bought in April and May in anticipation, then sold off in June and July as the hype got priced in.
member
Activity: 560
Merit: 13
There were thrill in the last two Halvings but now the excitement is really hard because of the pandemic, people are really worried and not sure about the pump this time. I don't think the BTC Halving could be an impressive one I mean when compared to the last two Halvings.

At this moment people are really worried about this pandemic, so my prediction is 11k.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
You did research the previous halvings and what it meant, with like a million other people as well, you are not the first people to actually research that. I personally didn't had to look up, because so far I have seen at least 10 of them made for me and shared here, not even with a link so that you can get couple more clicks, no these people shared it for free on bitcointalk itself and they were helpful, I am thanking them all once again here.

On the other hand why would anyone have any question marks on their minds? I mean bitcoin will be mined less, and there will be less on the market, that equals scarcity, that equals profits. What we need to figure out when it will drop and increase, other than that we know eventually it will profit.
full member
Activity: 1568
Merit: 100
COMBONetwork
halving will certainly greatly affect the price of bitcoin in the next few years, I am sure that 90% will be an increase in prices like 2017, and FOMO will happen as before, I am happy now the price is above $ 8500 and can survive in a situation amid a pandemic, we know Bitcoin is one of the strongest instruments after gold
legendary
Activity: 1904
Merit: 1277
In the long-term, halving will surely lead to higher prices. However in the short-term I do expect a quick price drop when the halving actually takes place - because there has been the usual FOMO in the run-up to the event. The halving is already priced in, but people still think there will be a short-term rise, and so are buying more and pushing the price up further.... which can't really be sustained. I think it's very likely we'll see a pullback. It almost always happens with any hugely anticipated event in crypto, be it bitcoin or alts.

Long-term though, yes, price increases.
full member
Activity: 1330
Merit: 121
This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we? Tongue

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....
Do you think that the hype is created artificially around an empty place?  If we compare the previous results of the halving, then they were very successful for bitcoin.  Although there were undoubtedly other factors that influenced the price of bitcoin last time.  Of course, at the moment, before the halving, the capitalization of BTC is correspondingly increasing, well, after this event everything will depend on the real actions of the miners.
hero member
Activity: 2576
Merit: 666
I don't request loans~
Miners would be hit temporarily maybe a 1-2 months after the halving but I doubt they'd be hit that hard. Besides, if miners were to lose out and leave, the price would probably increase by then since transactions require miners to exist before going through. It'd probably require as I said, 1-2 months before the price related to miners are regulated though. Additionally, as for the impact of halving to BTC price itself, I doubt we would see one immediately. At least half a year or so is probably needed to see any significant impact. It takes time and if you were also to look at how the 1st and 2nd halvings impacted BTC price, it required quite a few months.
legendary
Activity: 1806
Merit: 1521
May 04, 2020, 02:06:59 AM
#9
This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we? Tongue

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....
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