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Topic: What does Halving actually mean for Beginners? (Read 331 times)

legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
Halving for beginners?
It really is one of the simplest concepts to explain that you can get related to bitcoin, some have already explained it, but what takes years to understand is its side effect on the Bitcoin ecosystem, not only a price effect but in the technical part, mainly for miners.

You can see exactly the next halving and other interesting information that you should also study and understand:https://www.bitcoinblockhalf.com/
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
It is very difficult to give accurate information about when the price of Bitcoin will go up and down However, since Bitcoin is halfway through the event  you should continue to invest in Bitcoin even after Halving because the price of Bitcoin will go up a lot. Halving is likely to be surpassed Bitcoin has pumped a lot in the last three or four years Prices dropped a lot after 2017 But it could pump up a lot later this year So now is a good time to hold on.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases? Also, what things should I consider - Should i continue investing in BTC even after this Halving?
Its technical stuff which you don't need to understand. Miners must tho, because this concerning them.
In general price can go up in long term because of that but its all theory.
Thanks for the information mate. Much appreciated!
legendary
Activity: 2296
Merit: 1014
I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases? Also, what things should I consider - Should i continue investing in BTC even after this Halving?
Its technical stuff which you don't need to understand. Miners must tho, because this concerning them.
In general price can go up in long term because of that but its all theory.
member
Activity: 672
Merit: 29
This is the 3rd halving of bitcoin, that has come to play ever since the creation of bitcoin. Bitcoin halving happens every 4years. The first halving was around 2012, while the 2nd halving was around 2016. It's 2016 halving that brought bitcoin to her greatness it's operating now, although the bull run happened around 2017.

All hopes are high and we're expecting such to repeat itself again (bull run) soon or later.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
Note: your question is google able!

Yes however this question of mine was not answered on Google

Quote
Should i continue investing in BTC even after this Halving?

So, that's why I thought to make a post.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
Here's what happens. The block reward is cut from 12.5 BTC to 6.25 BTC per block(approximately every 9-10 minutes). So, the supply entering the markets slows down quite significantly. Now, does that guarantee a price increase? Heck no. Even if every single bitcoin has already been mined, it could still go down even if there was less bitcoin being sold than being bought. So, what will happen? We can only guess.
This sounds logical, cheers. I thought it will increase demand and reduce the supply.. I was wrong.  Roll Eyes
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
Hey,

I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases? Also, what things should I consider - Should i continue investing in BTC even after this Halving?

Thanks. Sorry if this post is in wrong section, found Beginners in the title so i posted it here.

No one knows, but seeing the halving has already happened, things didn't go too bullish once the rewards were halved.

There's never a bad time to invest, but remember that bullish events tend to face corrections afterwards once investors realize their profits.

By the way, are you keeping your Bitcoins in a wallet or an exchange?

EDIT: That's some nice profile text you have there.
I am keeping them in a wallet for now.
Thanks mate!
legendary
Activity: 1904
Merit: 1277
I just want to know what exactly happens like does the price falls or increases?

Think about it though. If it was a guaranteed price rise, then everyone would start buying because it means guaranteed profit. If everyone starts buying, then that means more people buying than selling, which is what pushes up the price... so if everyone thinks that halving leads to a price increase, then that is guaranteed to be the case, and equally is guaranteed to be priced in before the event actually takes place.

If we all knew that halving would increase the price from $10k to $20k, then people would have started buying months ago, which would have pushed the price up to $20k in anticipation of the halving... and when it actually occurred it would mean no further rises.

Price is determined as much by expectation of future price as it is by actual changes such as halving.
legendary
Activity: 3248
Merit: 1160
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I just want to know what exactly happens like does the price falls or increases?

This is the question that we will never know even if we are already here for many years.
Crypto market is very unpredictable, some good news could even turn the price to dump, so I can't really tell, we are investing in a big guessing game here.

about halving, better watch youtube videos to understand if you are tired or searching and reading in google.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
Probably, it does not mean anything Smiley Many people hoped that the price would rise much, but so far this has not happened. Besides the fact that I began to understand that for mining now I will need much more investments.
Most of peoples don't know the concept behind of Halving. That's why most of people hoped that bitcoin price will raised during that time which wasn't happened this time. So for short answer, Halving = Half of mining rewards. Every Halving of bitcoin mining rewards will be half from previous. That's it, so it's not something related with bitcoin price. Only miners will effected due to Halving. Holders will not effected except volatility.
newbie
Activity: 14
Merit: 2
Probably, it does not mean anything Smiley Many people hoped that the price would rise much, but so far this has not happened. Besides the fact that I began to understand that for mining now I will need much more investments.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Dont worry too much about the btc halving, if you're not a btc miner or you dont mined bitcoin then you are not affected by the halving.

But for OP's curiosity, have you checked this thread? This will give you clear understanding on what is happening during halving.

Bitcoin Halving 2020 Explained -An Infographic
https://bitcointalksearch.org/topic/bitcoin-halving-2020-explained-an-infographic-5243876
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
If we are talking about the bitcoin halving this is not just about the increasing and decreasing of the market price of the bitcoin because it is all about the supply of the coin because every four years the halving is happening because they are now cutting the supply of the bitcoins because they want to make it balance most of the time when the halving is coming there are a lot of investors grab this opportunity to make more money because every time the halving is coming the short the supply of the coins the higher chance to increase the market price of the coins but still the market is volatile and we cannot make sure we can make a lot of profit by this kind of actions. Always make research if you want invest when the halving is starting.

Dont worry too much about the btc halving, if you're not a btc miner or you dont mined bitcoin then you are not affected by the halving.

The people really affected is the people who mined bitcoins because they only got a short or half of the supply of the bitcoin they earn.
jr. member
Activity: 279
Merit: 7
Dont worry too much about the btc halving, if you're not a btc miner or you dont mined bitcoin then you are not affected by the halving.
legendary
Activity: 2254
Merit: 2305
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Halving has no relation with price. Price is speculuted based on a lot of factors happened while halving but there is no guaranteed speculation. It is speculuted that due to the low volume of supply of btc in ccirculation will make btc increase the price.
full member
Activity: 1232
Merit: 186
Hey,

I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases?
Sorry to offend you mate but in my opinion the bitcoin halving means almost nothing for the beginners which is understandable though simply because they're new in this thing. And based on your post, I presume you wasn't able to quickly sell your btc (if you already had) right before the halving ends as well Grin. See? I most cases, newbies can't fully harness the advantage it could bring. But that's okay, there is still a next time. Just keep on gaining knowledge and experience.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Halving doesn't really mean much to beginners. I think it matters more to people who have been waiting for it for the past 4 years. The only thing beginners should be concerned about is that, They should not get caught in the FOMO net. That's one of tge mistake people did in 2017. They got overwhelmed with the FOMO and eventually lost. Now you're here, You should:
– Learn more about Bitcoins, Altcoins, Blockchains and some common cryptocurrency concepts.
– If you plan to start trading, don't jump in blindly till you know what you're doing.
– Keep learning about Bitcoin and the blockchain space.
legendary
Activity: 2268
Merit: 1655
To the Moon
I think that you should not have a value the fact that halving has taken place. This has nothing to do with the trader who trades BTC or holds it. This is reflected in the profit of the miner that generates bitcoins, and now his remuneration has been reduced by 2 times.
legendary
Activity: 1904
Merit: 1277
What does Halving actually mean for Beginners?

For beginners, just that:
1. New bitcoins are "created" (enter circulation) when they are mined.
2. The halving event means that each time someone mines some bitcoins, the quantity of bitcoins they receive is now only half what it was previously.
3. This reduces the supply of new bitcoins into the market, and makes new bitcoins more expensive to mine, and so in theory should push bitcoin price upwards.

In practice there are additional complexities, but the above should suffice for a beginners overview.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases?
If you pay attention on price movements of coins, not only bitcoin, but also some top altcoins. Their prices usually have big movements around halving days. Unfortunately, you can not say exactly when such movements will begin or end, that is speculation only. Such movements can happen 1 months before halving or months after halving. The only thing, and it is important that you know is halving attracts attention of investors. More news, more beginners will join, more merchants will consider to accept bitcoin, etc. that all combine in one to result in a better adoption on massive scale. This one will result in a real impacts many months after the halving day.

In a nutshell, halving day is only a start of a long interesting journey which certainly has good impacts on price in the long run.
  • You did not give us enough details on your circumstances
    • Which sort of capital you use to invest in bitcoin? Is it your own money? Is it a loan?
    • How long your capital (that you invested in bitcoin) will be free from any kind of financial demand?
    • How about your current economic status (you should not give us details because of privacy)? Nevertheless, if you have enough save money, just in case to have something to use, I woulld like to advice you hold your bitcoin at least next one year.
In a nutshell, there are lots of details you did not provide us. Your first priority now is moving the thread to the right board and improve your topic title as well as OP contents.
member
Activity: 174
Merit: 15
To beginners I think halving is a time bitcoin price will boom. And they will double their investment during this period. But to me, halving works in a way we cannot predict what price bitcoin will be after the event. And as a digital Gold the production of bitcoin is finite which occurs once in four years. It is a period for miners to work and gain rewards.
legendary
Activity: 1904
Merit: 1563
Well bitcoin halving is one of the most important and celebrated event in bitcoin community

It simply says that the number of bitcoin created per block is set to decrease by half hence, it is called "halving". If you are going to look at bitcoin source code, in every 210,000 blocks being mined or approximately every 4 years, the incentives received by the miners is decreasing from 50 => 25 => 12.5 => 6.25 (current halving that occured)., so on and fourth until there is no bitcoin left unmined.

Investing in bitcoin is based on your point of view and no one can decide it for you. If I were to be asked, I'll invest in bitcoin because I am for a long term hold regardless of its' price however, since we are dealing with cryptocurrencty expect that is is always volatile whereas it can overshoot or undershoot in terms of its price.

Note: your question is google able!
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Here's what happens. The block reward is cut from 12.5 BTC to 6.25 BTC per block(approximately every 9-10 minutes). So, the supply entering the markets slows down quite significantly. Now, does that guarantee a price increase? Heck no. Even if every single bitcoin has already been mined, it could still go down even if there was less bitcoin being sold than being bought. So, what will happen? We can only guess.
legendary
Activity: 3472
Merit: 10611
halving has nothing to do with bitcoin price. it is all about the bitcoin supply, it is a mechanism that ensures the supply of bitcoin is limited instead of being like fiat and be unlimited to be printed non-stop till eternity. and since the supply is generated as reward for the work that a miner does in form of a newly generated coins in first transaction of each block, it has to decrease over time to achieve that limited (or capped) supply. the bitcoin design is that rewards starts from 50 bitcoin per block and it is reduced by exactly 50% every 210000 blocks (it wold take roughly 4 years).

price is only changing during halving due to speculation. whether you should continue investing in bitcoin or not should always depend on your view of bitcoin's potential and what it actually offers as a decentralized payment system not based on some arbitrary hype on the internet.
hero member
Activity: 2240
Merit: 537
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Hey,

I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases? Also, what things should I consider - Should i continue investing in BTC even after this Halving?

Thanks. Sorry if this post is in wrong section, found Beginners in the title so i posted it here.

No one knows, but seeing the halving has already happened, things didn't go too bullish once the rewards were halved.

There's never a bad time to invest, but remember that bullish events tend to face corrections afterwards once investors realize their profits.

By the way, are you keeping your Bitcoins in a wallet or an exchange?

EDIT: That's some nice profile text you have there.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
Hey,

I am really new into this world and there is something called Halving which has happened yesterday If i'm not wrong. I just want to know what exactly happens like does the price falls or increases? Also, what things should I consider - Should i continue investing in BTC even after this Halving?

Thanks. Sorry if this post is in wrong section, found Beginners in the title so i posted it here.
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