Topic: What is your thought about halving? - page 5. (Read 753 times)
Since everybody expects halving to further increase bitcoin price, there's also the possibility that some miners will left because of the small rewards. I don't want this to happen but I am just sharing its possibility of happening. Therefore, bitcoin price needs to increase to attract miners.
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
You are absolutely right in theory and supply here means the pace of generating new coins which are generated merely through the means of block reward. Now if the reward decreases then it's pretty obvious that price will be affected. But thing is practically how soon will market realize this and discount this in price. We have seen in previous halvings that it takes around 12-15 months for market to absorb that supply has reduced and demand significantly increases but I think now due to excess exposure of cryptocurrencies to people this time could significantly reduce. But still don't expect it to happen over night. People might just buy it on halving day and wait for the boom but it might take a lot of time because it isn't the stock of supply getting reduced but the pace of creation of supply being reduced.
Yes, Bitcoin will increase in price after the Bitcoin Halving passes. Many say that the price will go up, and I think so too. Before Halving, you need to buy bitcoin and as much as possible.
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
i am not expert about that, but of the article i read explain that is true, Halving occurs once every four years and reduction of supply its mean amount of bitcoins mined decrease every four years and demand of bitcoin still stable or ever rise so it makes bitcoin increase high price it just my opinion from article, CMIIW
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 someone already said, supply isn't cut, it will still increase, albeit slower than it does now.
However, it seems like halvinga always triggers a FOMO which is followed by a nice spike in prices. Still, past behaviours don't always predict future behaviours..but still they are the best predictor we have so hopefully we will see a nice fat pump and perhaps a new ATH
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, I feel halving will provide a breakthrough to this ailing bitcoin market but still, we need to be prepared for the worst as predictions does not guarantee anything.
for sure , yes , but of course , it will not happened instantly , need a time .
a simple think , of course , every event like that will make a pump,even high pump effect , and also we talk about bitcoin, the números uno.
but, somehow i just have speculation, after halving happened , the price will going down , mostly people cashing their profit , and maybe , they will buy back , and as the time goes, demand for bitcoin will significaly raising .
a simple think , of course , every event like that will make a pump,even high pump effect , and also we talk about bitcoin, the números uno.
but, somehow i just have speculation, after halving happened , the price will going down , mostly people cashing their profit , and maybe , they will buy back , and as the time goes, demand for bitcoin will significaly raising .
It will take time before the price keeps up with the cut in demand. It might even take months before the price catches up as it happened already during the last 3 halvings. Nothing special should be expected before and during the event honestly, though if something happened along the way, say a big player decides to come in to the market and stimulate the price movement, initial reaction would be to start a pump that will last up until the halving concludes.
Market movements are somewhat strange on bitcoin during halvings but there's a high possibility that a pump would happen.
Market movements are somewhat strange on bitcoin during halvings but there's a high possibility that a pump would happen.
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.
https://insdrcdn.com/media/attachments/d/c7/137e64c7d.png
But, still, I AM POSITIVE. Block halving is an important event on the Bitcoin. Try to look at this chart about block halvings.
https://insdrcdn.com/media/attachments/d/c7/137e64c7d.png
The previous ATH pumps that followed the halving happened before the introduction of futures. Back then people couldn't short Bitcoin and all money was supporting the main trend. Today many people bet against the majority in an attempt to make even more money. We could say that they bet on the underdog and in this case the underdog is Bitcoin going down after the halving.
I expect the price to go up but not 10x like it used to. Maybe to 20k and then we shall see if the buyers best the sellers once again.
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.
But, still, I AM POSITIVE. Block halving is an important event on the Bitcoin. Try to look at this chart about block halvings.
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
I don't think so, if the halving is going to have an impact on bitcoin value it won't be in an instant right after the halving become successful, it might take months before bitcoin start growing big 
miner's income is reduced by half, for example if every month they used to get 1000 BTC in a period of 1 month, after halving they will only get half about 500 BTC each month, if the price is cheap do you think it will be good news for the miners, I read about people in the forum and it makes sense why the price of bitcoin goes up every time after halving, how do those who hold large amounts of bitcoin if bitcoin miners go bankrupt, we still use this logic and people don't realize this
Once the halvening happens the sell pressure will be theoretically cut in half logically as the mining rewards will be halvened and the breakeven price for mining operations will likely rise considerably. Think about this way - a market is composed by buyers and sellers. At any moment in time when there is an imbalance of buyers and sellers in the market the price moves - either upside when the bulls make money or downside, case in which the bears are the winners. Miners need to sell some or all their production to at least cover a part of their operation costs. Once the cashflow from mining can't cover those costs anymore the logical choice is to pull the plug on the gears and stop paying for electricity and associated costs to protect themselves.
If they have a lot of financial power to cover their operation costs with cash they can save the mined BTC to sell at least at the breakeven price, thus withdrawing some sell pressure from the market. Or they can acquire more powerful gear and reduce the costs. Either way the halvening should have a fundamentally strong impact on the market even if it is not going to be seen from the get-go.
If they have a lot of financial power to cover their operation costs with cash they can save the mined BTC to sell at least at the breakeven price, thus withdrawing some sell pressure from the market. Or they can acquire more powerful gear and reduce the costs. Either way the halvening should have a fundamentally strong impact on the market even if it is not going to be seen from the get-go.
In theory, when supply is cut and demand remains, prices will rise.
you should remember that "supply" isn't decreasing or being cut. it is in fact constantly increasing. it is the rate of production that is being cut down by 50%.
so the relationship in theory is the relationship between the speed that demand is increasing and the speed that supply is increasing.
The market is driven by supply and demand. when you cut inflation by half that is a big hit to supply, also some miners will stop mining, therefore less sell pressure. However, each halving is by definition less than half as significant. going from 50% interest to 25% interest is a big difference. going from 0.05% interest to 0.025% makes no difference despite being the same halving. somehow halving are supposed to become twice as significant since the coin becomes twice as rare, which is crap. the first time it stops working it’s over and bitcoin will suffer greatly at the expense of altcoins.
In theory this can happen and it makes sense.
However, there is no guarantee. This is just a bet.
It happened in the previous halvings, but Past performance is just an indicator.
Bitcoin is in a strong downtrend since 2018... I hope halving can reverse that as well.
However, there is no guarantee. This is just a bet.
It happened in the previous halvings, but Past performance is just an indicator.
Bitcoin is in a strong downtrend since 2018... I hope halving can reverse that as well.
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
Jump to: