Topic: The Halvings impact on Bitcoins price (Read 1231 times)

Late answer but it is given already.

The Halving effect in BTC price is something we regret now,because after the long waiting and keeping the Hold?Yet we are not happy in the result.

Though we have at least Good run after the Bullishness in March but still not enough to what we expected.


Yeah maybe we can see the Bullishness in the next days but also according to market movement we can expect another Bearishness this next days?

so basically what we need now is to risk and wait,capacity to maintain the patience is what we need most now.

The instant bull markets also do not have the bottom covered all that well so the support is very weak; which all causes the sudden drops as well. Lets say we move to $12k and that we stay there for a long long time, it will be harder to go below $10k again. It could definitely happen again, we could have as low as $4k once again, there is no way to stop that as long as there is enough bitcoins sold on the market, but at least it would make it harder.

But when we move from $9k to $12k and stay there for just 24 hours and move back down, it is going to be a piece of cake to go down since there is nothing stopping it, no support levels, no orders of good size, nothing, just plain old going down directly and all other websites will follow due to arbitrage opportunity that may be created.

they don't need to accumulate more Bitcoin because they are bagging our money and not our bitcoins.
they tend to sell once after the manipulation happens and this is the sad part of crypto market and this is also the same
reason why other big businessman are afraid of investing inside.

Yeah we cannot stop them to do so but we can make some difference if we will go one way with the other small
 investors/holders.

we can Buy small amount that we can afford to lose constantly,this little amount can contribute whenever there is a plan
 for another price controlling.

It is expected to drop that fast since there are traders out there and the fast one only could benefit the highest profit. That's how the market works and Bitcoin halving it is indeed needed more months or almost a year to be able to see the bullish market after the halving. This is why Bitcoin is too volatile because of the traders and the next ATH won't just happen right away it needs a very deep bottom before it shoots up on the sky.

The economy might contract, probably globally it will pullback and that is a big deal as its not occurred for many years but the important distinctive point here is the units of exchange for that trade will not reduce because monetary base is being expanded.   An easy way to counter contraction in business is to produce more notes and so lessen the burden of debt or contractual obligations that various businesses may have.   This is the modern policy exercised by central banks and governments for many years now, the result is BTC will not see a vast pressure on its trading numbers that it might have otherwise.  
  It would be far better to see a normally performing expanding business level conducted in every country but we have instead weak currency and low interest rates which is barely any competition to competing currencies like Bitcoin.
  Halvening itself in every situation has to take time to take effect, the block rewards for most of this year have been the full amount, the change so far is from speculation of future reductions and how that will change price and supply and demand.

The price of Bitcoin has historically seen significant gains within the 10 to 11 months following a halving, which disincentives miners from selling Bitcoin so early after its occurrence. million bitcoins have been minted out of a total of 21 million that will ever be created. the cryptocurrency market and the unwillingness of buyers to step in amid extreme volatility and uncertainty.

Yeah they control the bitcoin market. But there remains a possibility they will want to accumulate more bitcoin. Because now everyone is struggling financially, cash is needed so retail traders are being forced to sell their bitcoin. So it seems to me that big investors will want to take this opportunity. They will fill their bags more and drive retail traders out of the market. I could be wrong, I just expressed my opinion.

There is no doubt that the economic situation is struggling but what we have to understand that the bitcoin market could be controlled by financial fund houses if they have a few billions of dollars and that is what i am expecting. These financial investing fund houses knew that the price of bitcoin would rally every halving and if these fund houses consider investing in bitcoin where they are already doing in now we might see a rally.

If you want instant bitcoin bull market then you are thinking wrong. Because now that situation, this kind of situation was not the time of the previous two halving. The world economy is getting worse day by day people are losing jobs so how do you expect people to be interested in investing now. The bull market will not come without retail investors. You may have seen usdt printing and injecting in the market, there are only a few behind it. Everything takes time, I am hopeful Bitcoin will start the real run again very soon, when we get out of this situation.

Bitcoin did changed for the halving, it just happened before hand and not after. The price was around 7k at the start of the year and peaked over 10k, right now it is over 9k and that is still a good increase, we are talking about almost a 30% increase which rarely you see in investments. It did dropped in between because of the pandemic but it recovered thankfully. Those increases could be attributed to halving, especially when it dropped so much because of the pandemic, it was around 5-6 thousand dollars for a while, but right before the halving the price went up once again above 9k levels which is more like a 50% increase almost.

So at the end of the day, the price went up and that was because of halving, it doesn't have to increase afterwards for it to be halving related, it went up before and that's enough.

Until the vaccine is being made we will be in danger of total economic collapse. In danger. Not that it will happen for sure. Just a threat. And threat is what moves price of Bitcoin most. I simply dont see 2020 as even semi bullish year. It will be similar as 2019 or even worse. Lets hope for the best in 2021.

But a lower price would mean more bitcoins for you at a lower price, so it will be a good opportunity for buying more coins.
According to me the price can go down if the bitcoin price doesn't cross the $10k mark in a few days and if the price dumps then it can create a dump phase which can easily clear all the profits made in the past year and we can see the bitcoin back in $5k range. But personally I don't want to see a dump and I am only interested in watching the price to at least touch $20k again.

For the time being we need time to see bitcoin move because in this month bitcoin is not able to touch $ 10k if this is indeed market control by the pope so it is difficult to get up after halving is over.

But this possibility could happen in a few months maybe also because of the Covid-19 effect that affected the crypto market.

Halving will indeed make changes to Bitcoin, of course, is the price, the price of Bitcoin will be in the spotlight, because in Halving 1 and 2 the price of Bitcoin rises after halving is finished, and halving 3 will likely be repeated

We might be fully recover when vaccines is already available for public use. They are still making a lot of clinical trials, and we'll be expecting the vaccine to come out early next year. So, If we're to follow the halving trend, next year would be a perfect timing for Bitcoin to make a good run while the traditional market recover upon the clearing of the virus as well. These price changes that we're experiencing today doesn't really matter once the post halving priced in.

bitcoin price did change a lot before halving like the previous two times but the situation was not at all similar since we had the COVID19 worldwide economy crash that also impacted bitcoin and we also had to recover from that.
now that we are after-halving things are back to normal again, you can't expect price to shoot up for no reason. after all bitcoin is not a pump and dump altcoin!

In view of history, halving has indeed given positive results in the near future, with prices continuing to soar, but this time bitcoin is still held below $10k from before halving happened and now it's gone.

It is true that bitcoin is investing in futures, but I am also here as a bitcoin holder and will continue to invest for the future and we will likely see the real price.

Although now it's hard to redeem 10k but I'm sure it can be easily past when the bullish comes.

Halving is over and Bitcoin has not changed at this time, in terms of price, but from year to year after halving occurs it has a very positive impact on the price of bitcoin, for example, 2017 has passed.

I'm sure everything needs a process to achieve success and peak, for now bitcoin is only halfway left, so, the habit if something is needed is increasingly scarce, the price will skyrocket, it might happen to Bitcoin and other cryptos, just the time might not be right yet.

In essence, Bitcoin can be said to include futures investment assets, however, if you believe that Bitcoin has a positive impact in the future continue to invest.

Its somehow anticipated where we do know that block rewards had been cut in half which basically means that it would really be a big pain in the ass
to miners.So it isn't really that shocking that most of them will turn off their rigs and wont continue because its just normal for you to
stop when you do look that you aren't feasible already.

Going back down in 8k price wont really make a panic but I do rather believe that if the community would able to see a crash like scenario
where a big red candle neither on hourly TF shown or less then I would say that kind of feeling comes out but actually its hard to predict
on what would be the next possible moves of btc.

It looks like a fairly large difficulty drop is coming, currently estimated as between -17.6856% and -7.4388% by diff.cryptothis.com. Miners are not having an easy time for the moment.

So he needs to control his emotion, especially if he watches the market, and don't let his emotion interfere. It isn't easy but with some practice and keep doing it, and I am sure that he can do that. I think bitcoin price now becomes sideways because I see the market does not move too much, but we need to be cautious in the next week because everything can happen at the market.

It doesn't have anything with an investor being optimistic or pessimistic because this emotions are generated by the market price action itself.
I would be more looking, which is really interesting if there is going to be a major shift in bitcoin dominance in terms of altcoin gaining more of it, because this will lead to more risk taking and more positive price action in longer term for the whole market.

Bitcoin already reaches below than $9k, but now the price is going to strong so we can hope that the price can go up again. Even though the price still can go down, but we should be an optimist to see the bitcoin price will reach the highest price again someday. If the price is still at a price now, I think we don't have to regret because we have more chance to buy bitcoin at a price now so we can sell at the higher price when the price increase.

I get your point, but going down to $9k or even $8,5k yes, it is a big drop in terms on BTC price in short period of time, but it's not a level to cause a panic from people and bigger sellout. I think $8k level is more important.
Don't worry some correction is healthy in a bigger scale picture of BTCUSD price.

By now we know that this halving was not similar to the others... BTC is just floating around the same prices trying to grab some external investment that doesn't seem to be pouring in... I think that if the billions of USD don't come in, the price will eventually fall...
We also have to think about the expectation of the several new national digital currencies that are being prepared as this definitely lowers BTC importance

Gone down after the first? That's a stretch.

As I pointed out it rose almost continuously in a lovely exponential curve from $12 at halving to $266 at the peak of the bubble in April 2013. It barely twitched with the hard fork on March 11, 2013.

When the bubble burst it had nothing to do with miners. MtGox was overwhelmed and crashed, accompanied by a series of ddos attacks. Of course it was also vastly overbought and overdue for a massive correction, just as it was in December 2013 and again in December 2017.

Even after the April 2013 collapse, the price never went below $50, which was over 4x the price at halving. To say it went down is ridiculous.
_____

Maybe the price will go down below $8300 before year's end. It fell by a larger percentage in 2016. If it does it probably will have nothing to do miners. Miners mine, network hash rates go up and down, difficulties get adjusted, and blocks are added to the chain approximately every 10 minutes. The price of Bitcoin is not determined by miners. It is determined by supply and demand in the marketplace and the daily supply of new coins just got cut in half. As adoption continues to grow, demand will continue to grow. The price will follow.

That's indeed what a free market does.  

As for "us guys" losing money, speaking for myself, that's impossible. I've already taken out several times the amount of fiat that I put in and still have a nice nest egg with which to live happily ever after.

It's interesting because the bitcoin price now is going down. It seems the price cannot stay at a price now. I am waiting a good moment to buy more bitcoin at below than $9k if the price goes down into that price. But I hope that the price will not go down $9k because that can make people become panic, and that can make the price will go down deeper.

The market and the community has become more prudent as it seems.
I think that the impact of halving is not going to be shown so fast. We are going to see the real impacts somewhere around 6 months later than that. The bad thing is that it will not going to be connected with halving and we will not be able to understand if the volatility came from this event.

It's gone down after the first. It has each time. I didn't write this article as a "look at the chart" prediction. The halving has short term negative effects with miners, which was the start of my price prediction. I also never made any fixed price predictions because that is gonna be near impossible to pinpoint. We'll see a price drop that will go below $8300 before the end of the year. And if I'm wrong, then cool I lose out on money. And if I'm right, I make money and you guys lose money.

That's what a free market does

There's no pattern.

After the first halving it rose exponentially for 4 months from $12 all the way up to $266, a level previously only dreamed of.

After the second halving it took a steep drop from $660 down to under $470 in about 3 weeks.

So they will now survive in the price below $ 10k even though it is a small profit for them still they will do especially in difficult times like this, with prices not strong now to redeem $ 10k then I think they will take advantage of short-term opportunities maybe in the 2nd quarter.

There have been many predictions from several articles about the increase in bitcoin at the end of the year because that's where the peak of price stability began to surge but I also can't be sure that that will happen.

I'm still sticking with my prediction that it will go down over a few months, and then will hit new highs.

I'm also following the same pattern.

But this time, it looks like it's moving base from what we are not expecting and it's gaining the strength that we usually see when it rises. More of next year is given by most of us here and thinking of how low key it is for this year.

There is a lot of resistance at $10k mark and every time bitcoin reaches $10k the bears come in action and they bring the Price down. Even the bitcoins block reward halving didn't bring a positive short term affect as everyone expected that it will happen. And what you said is right the Price movement should be and will be a long term Target and it won't happen suddenly, it will be a gradual increase in price.

In short term bitcoin price is already over 9.8k as of right now, how do you really not see it going over 10k when there is only 200 dollars left? That is literally 0.2% difference between 10k and the current price. However it may not go over 15k that is understandable. Yet the halving impact is not a one time short term thing, it is a longer term thing.

Think about it this way, you have a country that prints money constantly to cover the expenses, they know that printing money makes it less valuable, so your money becomes less valuable as well, do think like Zimbabwe dollars but more like Ukraine money and that kind of means that if you do not really print forever if you are Ukraine, however if you suddenly stop printing, and even stop longer than other nations, USA will still print right? That means your money will start to worth even more dollars as Ukrainians. Think of it like that.

In short run you can't be sure in anything, bitcoin can surprise all of us and rise over 10k. It's like people expect one thing, and something else happens, it wouldn't be the first time for crypto market to make a turn, and like always just few are ready for that turn! Call it a manipulation from whales, call it fresh blood, or however, we never know exact reasons for any rise or drop, I always thought it's a combination of all factors, and there are many factors you can consider for analyzing bitcoin price movement.
Halving will have impact on the bitcoin price, like it has two times before, and the same as before we will have to wait a year, more or less, to see the effects of btc halving on entire crypto market, not just on bitcoin!

In short term the price is not going higher than 10k.
People wait at this level in order to sell most of their bags in order to make a decent profit for 2020. If the price is going to continue increasing this is going to happen in late 2020 or 2021 where the market is going to stabilized and acknowledge the new impacts of halving.

so far there has not been any development regarding the price of bitcoin. after halving, the price is even stable at $ 9k. however, we do need time to see developments that actually occur. maybe later in the year, prices will start rising. I honestly assume that the price of bitcoin can reach more than $ 10k after halving. however, given the current pandemic control, an initial $ 9k is enough.

As expected to see early next year, but I don't really expecting it will be in the bullish as high as 2017. It will be a lucky year for us if Bitcoin prices will reach $14k before the year-end.
What was a little bit surprising is how crypto could maintain the momentum amid this pandemic.

The halving impact may not happen in this year, it may need a year or more to come! If you check the history about the two past halvings, you will see halving impact did not happen in the same year!  Right now Bitcoin price seems stable at 9K area, but I expect to end this year by seeing Bitcoin at 14-15K USD at least! And anytime in 2021, I expect a bull run which will hit the ATH in Bitcoin price!

The bitcoin market price is not disappointed at all if we judge or compare the previous historical price and value of Bitcoin after halving because the price is expected to downtrend for some time before the total bullish market that will make us achieve new ATH will take over.

Indeed. To be honest, i am one of those people who really expect and hope that bitcoin's price will continue to increase it's price after halving, but it all turns out that bitcoin's price decreases and it stays in the range between of $8,000-$9,000. That is why a lot of people have been saying that having too much expectations could really turn into a disappointment.

Nothing major happened as such in last 48 hours or so. I was expecting some volatility during this period to happen but it was a smooth ride as such with little on a downside. Though it has reclaimed 9k levels back and probably if it remains stable and slowly keep rising this will be helpful for us to see 10k levels soon in coming time.

Do I get it right that we have no significant impact of halving? It was predictable. Well, I'm glad that the crypto market has become older and we have more sustainable financial model than previously.

You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.

2020 halving has a different scenario compared to the past two halvings and that next halving will possibly be different as well. Should we think of an instant market effect for this halving? No, for sure.  And even we recall the previous halving, we can't say that but it gives some hope where we can able to see the positive results months after the said event.

And, if we take a look at the market today, it has nothing it's changed. We are still $8.5k-$9k in range, not too back to look at. Now, lets see how the market change in the coming days as halving passes by.

there are no more events, the next Halving will occur in 2024, I think indeed the price of Bitcoin will be stable for a few months, maybe the price will play at $ 7000- $ 9000, if resistance at $ 10,000 is bypassed it will be interesting to watch

I can't believe that the all waited halving is already here, I mean I don't even know what to expect and it is already happening, I always said I will decide on one direction where the bitcoin will go however we are already here and I still don't know what will happen. That is the awesome thing and horrible thing about bitcoin at the same time, if I go up to you and told you that bitcoin will be 15k tomorrow you would say "it is possible" right? Because it is actually possible.

However if I told you that bitcoin will be 5k, you would think that is possible too right? That is CRAZY, how the hell are we suppose to make a decision on bitcoin price when going 50% on both sides sounds reasonable? I do not think apple will lose even 10% in one day, or earn, that is not possible there, it is totally legit possible here.

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

That can be expected. At this time around before the halving, uncertainty, emotion and speculation is the order of the day and this is the reason we are going to keep having volatile market until it begins to stable.

On advise note , I think for me it is better to stay outside market if you ain't in already just not to be in difficult situation as more volatility is expected after halving.

will be affected, but not instantly, look at the price of Bitcoin now,
DUMP $ 1000 in less than 1 day, even though Halving is only a matter of hours

It would become less profitable for the miners. Only the large mining farms will eventually continue, and small time miners will be forced to pause for re-evaluation, since there will be a demand for hardware upgrade every halving.
Now, I guess miners will be motivated depends on the Bitcoin price value.
But, on my second thought, miners won't easily give up knowing their profitability will decrease, since they are a vital piece in this technology by producing new supply into existence.

We know that bitcoin goes through a process called halving  in this month. This mechanism was integrated into the protocol by Satoshi Nakamoto himself. After a protocol goes through halving it cuts the supply of new Bitcoins in half, halving the miner's block production rewards. Even if there is some price increase, it is doubtful coin prices will double from now through April or May 2020. So mining will most likely be less profitable after the bitcoin halving. So bitcoin impact depend on crypto market.

Can't remember exactly, but I think there was way more enthusiasm and hype before the last halving--but nevertheless there's still too many threads speculating about the upcoming halving (which is a day away if I'm not mistaken).

And as I've written before, I don't think we're going to see anything dramatic happen at or after the halving this time around.  The economic butt-slamming that the coronavirus unleashed on the world has also introduced a lot of uncertainty with respect to bitcoin and its growth prospects.  I'm actually surprised it didn't say down in the $5k level when it started dropping a month or so ago. 

But those are just my opinions, and I could be way off the mark.  I'm definitely going to be paying attention to the price for the next week or so, and I'm keeping my fingers crossed.

Bitcoin halving has been one event that many of us may be experiencing for the first time since we came to know about cryptocurrencies. Many of us here only know about bitcoin during 2017 bull run and that was impact from what happened in 2016 halving.

It seems to me that few people expect from the holding immediately on May 14 a real bull run on the cryptocurrency market, but this is still a good reason for investing in bitcoin.  You correctly said that the historical data of previous halving did not give the results that users expect from halving today.  In any case, I personally consider a period of one year, expecting a massive rally from Bitcoin.  Based on this, if we take into account the previous holding, then everything looks quite understandable.  since in 2012 the price of Bitcoin was $ 2.55, after the halving event, a year later, Bitcoin rose to $ 1.35.  Of course, until 2016, the price still actively filed, then rose and almost stopped at the level of $ 250.  In the future, it cannot be said that halving 2016 gave a significant impetus to growth, but nevertheless, in the year after halving in 2016, Bitcoin went up to $ 2,500.  Of course, by the end of 2017, we saw the maximum value of bitcoin.  therefore, the expected halving can show its results only after a year, that is, until May 2021.

Bitcoin ain't a instrument, maybe you wanted to say asset.

Yeah I agree that halving will make bitcoins more and more precious because if the bitcoins were not going through the halving period all the bitcoins would be mined by now and the value would have been significant much lower than what it is now. Halving just adds some more stability and as we know "scarcity is the key to value" and as miners find it more difficult to mine new bitcoins the current existing ones will benefit from that.

Let's see how it goes and the price has already grown quite nicely and might be a little drop when halving happens then slowly increases.

No such thing as accurate prediction when we talk about bitcoin.

Yes, we can use history as a basis but there are still differences with the past halving(s).
November 2012 was the first one but it moved up heavily at mid 2013 then 2014.
The 2nd was July 2016 then again moved up heavily December of 2017.

I think this is the scenario. When people just learned that the number of bitcoin out there is going lower, that is when they realize they should buy.
The question is, at what timeline they will realize it again. We will never know. It's always a surprise.

Bitcoin halving is rise in bitcoin tends to drop before and after a block-reward halving in the short term. the halving may cause the price of Bitcoin to rise, thereby increasing the value of the now smaller reward. Bitcoins are created. It occurs once every four years. Because the halving drops the amount of BTC that is mined as Bitcoin approaches its fixed supply of 21 million, miners will earn less BTC after the halving for performing the same work

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.

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).

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.

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.

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.

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.

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.

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.

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".

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?

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.

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.

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.

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.

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.

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

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.

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.

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.

This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we?

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....

People that have been hyping it are most likely looking for quick gains. If you look at previous Halvings, the price took months to increase.

Of course, it will have a long term increase since the reward block is less. But no one knows what the price will be. So its hindsight.

Didnt tend to watch on whats up to that link yet theres nothing new about those sentiments or whatsoever because halving effects would be most likely in long term aspect.

Basing of charts with btc then we can really imply that we had climbed up the ladder even though there were lots of ups and downs along the way which is normal.

Think for long term but people are way too expecting much with the results on point with the event which isnt right.

I believe it'll be positive. I remember how people were feeling bad about the sudden fall of bitcoin's price (months ago). I said it was going to come back up and people said so too. But no one ever knew it'll be this quick. The halving is definitely going to do bitcoin's price good even tho we won't see the good quickly, somewhere along the line, it'll show.

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.

Bitcoin price can not stay at the same point, it is not possible, this time, the supply will reduce, people will still buy more bitcoin because cryptocurrencies adoption is not yet at its peak, so, over time the price will increase, miners will gain if they can hodl and wait until the price increase. But that does not mean bitcoin price will not fluctuate but miners need to be a good trader to so they will not mine bitcoin at loss.

Quote from the article,


Well, I too somewhat agree to this analysis. If the price of bitcoin stays at the same level even after halving, it will very difficult for a lot of miners to continue their mining operations. Simply because they will start making losses and some of them will be forced out to business. Transactions will be slower and expensive for this reason which will eventually slow down the network and the number of unconfirmed transactions will rise. All these will happen only if the price doesn't increase.

If price increases post halving, then I don't expect such things to happen because then majority of the miners will be able to sustain their operations. However, if I look at the halving history and pricing trend, it is very much possible that bitcoin price will increase and we will not have to face such situations.

However, we don't really know the outcome and we are simply speculating at this moment. Let's wait for few more days!

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.

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?