What is your thought about halving? - page 4.

Bitcoincc

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Bitcoin halving has occurred two times in the paste and the result was increase in the price of bitcoin. There are only 4 million bitcoin left to be mined, which means bitcoin is limited. More people are demanding for bitcoin and the supply would be cut from 12.6 to 6.25 bitcoin probably on 14th May, 2020 or before 18th May 2020.

Already the remaining bitcoin are not much and halving will reduce the supply, people are still demanding for bitcoin and lastly, because of the coming halving, more people will demand more for bitcoin. All these will make the demand to increase while the supply reduce and result into bull run, which means halving will surely increase bitcoin price.

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

As you tell, it's still on theory. The market value of an asset relies on market demand. And market demand isn't easy to predict, since it includes several factors, from recent news, regulations, whale manipulation, and overall market sentiment over Bitcoin. And all of these catalysts to price change could affect the price pretty quickly.

Reid

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It might.
But we cannot use history as a basis for all of this.
There had been a lot of changes specially with supporters.
Before, when bitcoin is being talked about in a coffee shop or asked by someone they don't even have an idea about it.
That is the real change for me and its value will soar because of that.

It is not about the halving but the people who will support it extending their goals into buying more for the future.

julius caesar

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

When the supply of the bitcoin is lessen by half, the price of it will for surely gonna rise up since the demand of the consumer is now higher than the supply of the product. If the halving happens in 2020, the effect of the halving might affect after a year because that's what happen last time that halving happens.

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

The price will rise simply because people will look at the graphs of previous halvenings and think, "I'd better buy now otherwise I'mm miss out on the bull run". This is particularly going to be the case if all the mainstream media start chattering about previous halvenings and publish graphs and so on.

What happens after the halvening is another story. I think people will take profits and the price will fall back a bit.

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I am just thinking about the concept of halving, and came up with the conclusion that technology especially the codes could definitely change the future to force the supply and demand and to basically manipulate it in the future. I am pretty believing that people especially miners and investors will take the opportunity to buy huge volume of bitcoin will sell it, not letting other people to buy it in low price so the market price of bitcoin will surely spike way up high. Imagine, it is just in the code that it dictates the halving every 4 years, what impact? A good market price and investment profits.

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

yes, I think that the price of bitcoin will increase. with the difficulty of mining, people will make alternatives to buy bitcoin, and for those who really need it quickly, it will definitely do a lot of storage. it will make the price of bitcoin rise. if many people think like this, then seeing a rise in bitcoin prices above $ 13k is not a mere prediction.

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

We can't definitely give some predictions on what would happen on the halving or after the halving which will occur on the year 2020. Halving happens every 4 years and there are a lot of halving that was happen and almost all of the after the halving takes a lot of time before the market affect. The market or the cryptocurrency is in the downtrend since 2018 after the big bull run of the 2017 and which is very sad to know but that was the reality, bitcoin and cryptocurrency was very down so after the halving many says that it can reverse the situation in which we are hoping that it can really reverse the current situation of the market.

shoreno

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Quote from: Astvile on December 26, 2019, 04:51:13 AM

Miners will surely have a harder life in mining bitcoin due to halving that the reward per block is lessened by 50% with that being said mining the remaining bitcoins left will take longer time and with low supply circulating right now bitcoins price may increase but not by a significant amount during or after the halving.

atleast it did increase somehow .

that is better than nothing at all . this where people speculate the most about btc halving saying the price will rise and if this is achieved , people will now be calmed and quite or idk maybe others will still complain if thier expectation didnt met by btc halving especially if btc didnt increase at all after halving and will instead go down a little bit more . you know those things can still happen if ever whales manipulate btc .

Astvile

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Miners will surely have a harder life in mining bitcoin due to halving that the reward per block is lessened by 50% with that being said mining the remaining bitcoins left will take longer time and with low supply circulating right now bitcoins price may increase but not by a significant amount during or after the halving.

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Quote from: Edraket31 on December 25, 2019, 11:41:43 PM

Quote from: Ayiranorea on December 25, 2019, 06:33:51 PM

There Will be surely some impact being experienced. Here we need to be clear in knowing well and how the impact is being happened. At times the market will be having positive growth following the marginal growth. Now about halving only before the days of halving or once after halving there'll be growth but until then it is time to have patience.

Let's see and observed what will happen in the next halving, for now, almost most of us are expecting from it, but let's not expect too much we don't know what will happen on it. Right now, another hype is circulating the internet world that the next halving is the next bull run, so let's not too hype ourselves and let's observe first.

The hype has been too much in the previous days I had read countless numbers of post consigning this halving of Bitcoin and how it going to triggers the bullish runs in 2020 personally I would believed the pump is no going to be instant ie it may take months or many weeks after the halving I agreed with your comment on observation of how the price action would unfolds.

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Quote from: Ayiranorea on December 25, 2019, 06:33:51 PM

There Will be surely some impact being experienced. Here we need to be clear in knowing well and how the impact is being happened. At times the market will be having positive growth following the marginal growth. Now about halving only before the days of halving or once after halving there'll be growth but until then it is time to have patience.

Let's see and observed what will happen in the next halving, for now, almost most of us are expecting from it, but let's not expect too much we don't know what will happen on it. Right now, another hype is circulating the internet world that the next halving is the next bull run, so let's not too hype ourselves and let's observe first.

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

hm, interesting. Undecided

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Quote from: kryptqnick on December 25, 2019, 03:12:59 PM

Quote from: GreatArkansas on December 25, 2019, 10:34:49 AM

https://insdrcdn.com/media/attachments/d/c7/137e64c7d.png

So my question is: what does it have to do with halving if it does not happen immediately after it? How can we be sure that it's truly halving to thank for the growth..?

In previous halvings, we saw an huge price actions above, it it not happening during the day of halvings. But what I believe, the price action we experienced from 4,000$ up to $6,000 is significant move for me. It is more likely small because we have the all time high at $20,000 but we still have almost 5months left before the halving.
Here's another chart for comparison of previous halvings.

https://twitter.com/walerikus/status/1206952540803346433

Ayiranorea

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There Will be surely some impact being experienced. Here we need to be clear in knowing well and how the impact is being happened. At times the market will be having positive growth following the marginal growth. Now about halving only before the days of halving or once after halving there'll be growth but until then it is time to have patience.

maxreish

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Definitely, since the supply of bitcoin will be affected because of the halving the price will gonna increase soon. If you'll gonna look at the previous charts regarding bitcoin's halving, price were pumped. But of course, we can't still be sure what will really happen next year in halving. As far as I know, the supply was lessen so the demand increased and the price will gonna go up.

1Referee

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Quote from: Wysi on December 25, 2019, 12:59:02 PM

Bitcoin has had enough of bearish market and for me, this halving is the only hope as of now wherein I can expect the price to pump hard as predicted by most of us but still things can go the other way around

Never forget that markets can stay irrational longer than you can stay solvent. The bear market you had enough of can drag on for much longer even with the block halving inching closer and closer. I personally think we'll get a pretty significant bounce early next year before the halving, but I'm also prepared for more sideways price action.

I'm focusing on the technicals, because when the technicals improve, buyers come in naturally. I'm waiting for a change of behavior and as long as that hasn't happened, it's safer speculating on the price to go down further because the trend is your friend. There might not be a lot down side potential left, but that doesn't mean we can't trend down slowly to low $6000's and then slowly trend up.

minersday

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I don't know why almost everybody is putting much hope that during the bitcoin halving the price is going to increase. Well we might see some increase but i don't think it's anything to write home about. What i think might boost the investment into this industry is if we get some powerful countries like China and USA softening their rules and regulations against bitcoin and cryptocurrencies.

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Quote from: GreatArkansas on December 25, 2019, 10:34:49 AM

Most of us are expecting it will achieve new all-time-high, just like what happened in the previous block halvings of Bitcoin. But I'm also a little bit afraid, is achieving a new all-time high above $20,000 is quite huge? And there are a lot of rumors about the manipulation that's why we achieve that $20,000 all-time-high.
But, still, I AM POSITIVE. Block halving is an important event on the Bitcoin. Try to look at this chart about block halvings.

I look at the chart, and I just don't see it. I see that Bitcoin is going up sometimes and going down other times but generally has an uptrend. Then I see that there've been two halvings over the course of its history. And while after the first halving the price skyrocketed rather fast, it went a bit down afterward, and then it went up a lot again, and then a bit down. After the second halving it went even down at first and then started climbing up pretty slowly. So my question is: what does it have to do with halving if it does not happen immediately after it? How can we be sure that it's truly halving to thank for the growth..?

batang_bitcoin

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You're right and everybody is expecting bitcoin to be in that pattern. We saw the past of the halvings and what it did afterwards. But as said by another member of the forum if the people's sentiment is like this and everybody is thinking to become greedy.
This is worrying however, I'm thinking positive the aftershock of it and not the instant effects of it because might not see that quickly.

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