Why has bitcoin prices not increased just after halving ? - page 3.

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Quote from: KingsDen on April 23, 2024, 11:12:18 AM

Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

This is why it is not advisable to encourage people to invest in Bitcoin because bull run is coming. Our only duty is to teach someone about bitcoin and tell them the risk involved in Bitcoin investment. No one knows the direction of the market, the bull run might not be as resounding as we think and could also not happen. Even if it will happen no one knows exactly when and to what extent. Little did we know that bitcoin will meet a new all-time high before halving. Assuming majority of the people knew that a new all-time high would be gotten before halving, everyone would have made the profit they needed and there would be no need for bull run. It is time we understand that there is some kind of destructuring in the Bitcoin network. It is no longer as it used to be when the network is not so huge. No one predicted that a new all-time high will arrive before halving, these also means that after having it is possible that something strange will also happen. In conclusion, invest in Bitcoin because you understand bitcoin and trust bitcoin and not because you want it to make you rich overnight, else you will be faced with a huge disappointment.

That's true, if you give people the right tools and the warnings, rest is up to them. I mean we all knew what we got into, some of us didn't even knew, and we tried our very best, after that the rest is up to them.

Look at the crypto market, so many people ended up making a mistake because they didn't had all the facts, they didn't know all the situation, and of course they did ended up with a mistake, we should not be worried about something like that, we should worry about the fact that we do not really know what's going on and we should be trying to just argue that if we can help someone then we should, that's about it. I believe that helping as best as we can is the only thing we can do. After that, it's all what they can do.

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Quote from: Falconer on April 23, 2024, 05:57:35 PM

Quote from: el kaka22 on April 23, 2024, 04:06:34 PM

-snip-

You're right, prices won't increase as fast as they hope. Halving is just an event where the reward miners get for each block is halved, but it is also an indicator that supports it as a good fundamental for expecting big increases.

The price of bitcoin will rise gradually over time, but of course it will take months to expect greater returns. I will just wait patiently until my expected price target is achieved, of course with ignoring the short-term volatility. Beginners should certainly know how the halving impacts prices, they should learn a lot from the experiences of other users instead of hoping to get rich overnight.

It's unreasonable to expect prices to rise quickly after a halving - I haven't even gotten that in previous halving. Many beginners need to learn a lot and make their own analysis before investing instead of just following the hype and FOMO - this can give them insight and the ability to build their confidence in the market instead of relying on other people's prediction.

In reality - the price is not rising fast, they have to wait, and so do other people ^{[bitcoin holders].} For example, the price can rise quickly the day after the halving - then it is a suspicious activity where the whales may be manipulating the market with the power of their money.

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Quote from: el kaka22 on April 23, 2024, 04:06:34 PM

People who are expecting the movement right after the halving are people who have not seen the previous halving. I have been here for three, and even with this one four halving I think, and I can tell you that we are not going to really see any big changes at all, we are seeing those changes a few months later. That's of course what I believe will happen, and doesn't mean that we are not going to end up with anything different.

Just focus on the future because halving DOES make it go up, just doesn't do it right afterwards, it takes a couple days for it to get there. I believe that we are going to end up with a much bigger and better result eventually, we just need to make sure that we can wait a few more months to get there.

You're right, prices won't increase as fast as they hope. Halving is just an event where the reward miners get for each block is halved, but it is also an indicator that supports it as a good fundamental for expecting big increases.

The price of bitcoin will rise gradually over time, but of course it will take months to expect greater returns. I will just wait patiently until my expected price target is achieved, of course with ignoring the short-term volatility. Beginners should certainly know how the halving impacts prices, they should learn a lot from the experiences of other users instead of hoping to get rich overnight.

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Quote from: el kaka22 on April 23, 2024, 04:06:34 PM

People who are expecting the movement right after the halving are people who have not seen the previous halving. I have been here for three, and even with this one four halving I think, and I can tell you that we are not going to really see any big changes at all, we are seeing those changes a few months later. That's of course what I believe will happen, and doesn't mean that we are not going to end up with anything different.

Exactly, I see a lot of them complaining, not just in this forum, but other social media as well and I just laugh because I'm thinking that this individuals haven't seen halving before and they thought that immediately the price is going into parabolic rise.

Quote from: el kaka22 on April 23, 2024, 04:06:34 PM

Just focus on the future because halving DOES make it go up, just doesn't do it right afterwards, it takes a couple days for it to get there. I believe that we are going to end up with a much bigger and better result eventually, we just need to make sure that we can wait a few more months to get there.

Long term. I mean we all know that we have problems with the high transaction fees. But if we can still get and buy Bitcoin and then hold for the next year, we all be good and having a good margin of profits and just let the market run it's course, just be patience and we will see new all time high in the future.

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People who are expecting the movement right after the halving are people who have not seen the previous halving. I have been here for three, and even with this one four halving I think, and I can tell you that we are not going to really see any big changes at all, we are seeing those changes a few months later. That's of course what I believe will happen, and doesn't mean that we are not going to end up with anything different.

Just focus on the future because halving DOES make it go up, just doesn't do it right afterwards, it takes a couple days for it to get there. I believe that we are going to end up with a much bigger and better result eventually, we just need to make sure that we can wait a few more months to get there.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

This is why it is not advisable to encourage people to invest in Bitcoin because bull run is coming. Our only duty is to teach someone about bitcoin and tell them the risk involved in Bitcoin investment. No one knows the direction of the market, the bull run might not be as resounding as we think and could also not happen. Even if it will happen no one knows exactly when and to what extent. Little did we know that bitcoin will meet a new all-time high before halving. Assuming majority of the people knew that a new all-time high would be gotten before halving, everyone would have made the profit they needed and there would be no need for bull run. It is time we understand that there is some kind of destructuring in the Bitcoin network. It is no longer as it used to be when the network is not so huge. No one predicted that a new all-time high will arrive before halving, these also means that after having it is possible that something strange will also happen. In conclusion, invest in Bitcoin because you understand bitcoin and trust bitcoin and not because you want it to make you rich overnight, else you will be faced with a huge disappointment.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Sometimes what triggers increase in transaction fees is as result of demand and supply, so when the demand is higher it will affect the transaction, for the transaction fee to be high and it has not reflected to increase in Bitcoin I may say that is normal, a bitcoin transaction increase and the price of bitcoin doesn't increase that doesn't mean its necessary that when transaction fees is high than bitcoin will also be high..

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Quote from: fuguebtc on April 22, 2024, 09:57:04 AM

Quote from: tabas on April 21, 2024, 05:29:14 PM

~snip~

For those who have never heard of bitcoin, I think we should introduce and provide materials, their knowledge will be many times better by giving advice to invest in bitcoin when they do not know anything.

If they are interested and you've got someone and you encountered him being interested in Bitcoin then provide him with all of those materials that you know. It's not hard to look into those materials anymore when they can be found on the web and look at those videos or even blogs/articles that provides details on teaching them how to start.

Quote from: fuguebtc on April 22, 2024, 09:57:04 AM

If OP doesn't rush to urge his friend to buy bitcoin, but instead takes the time to teach them everything about bitcoin and let them make their own investment decisions. I believe OP will not be blamed and his friends will also be more confident in holding bitcoin. Unlike now, they start to panic and may even dump if bitcoin suddenly drops in price.

It should be for everyone, we're not the ones to decide for the investments of others. If they think that they shouldn't invest, then they shouldn't and if want to, they're all free to do it anytime they wish and at any amount they desire to invest.

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Quote from: lovesmayfamilis on April 22, 2024, 11:48:06 AM

Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

Chances are, people who have such desires are not experienced in the crypto market and have no idea how the market will work after the halving is over. Over time the market will grow along with increasing demand, so of course it will take time to get higher value bitcoin.

Anyone who expects the market to grow quickly after the halving, then what you say is probably true. They will be disappointed and will probably exit the market early so ATH is not for them. On the other hand, anyone who already has a lot of experience and has gone through several halvings, maybe they will patiently wait for the market to grow over time until their goal is achieved.

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Quote from: lovesmayfamilis on April 22, 2024, 11:48:06 AM

Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

There are still many people asking why the price didn't rise after yesterday's halving? It looks stagnant with no change at all; that's what people who are new to the halving process often say, but they only hear that after the halving the price immediately rises without waiting for time, that person is silly.

Holders will actually know how to see the price of bitcoin later not necessarily after halving, but at least with halving we celebrate a lot after 4 years ago, but honestly I will not listen to people who keep asking "when the price goes up".

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Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

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Quote from: Odusko on April 21, 2024, 06:53:16 PM

Alot of new investors have misunderstood what bitcoin halving really stands for and how it influence the market, knowing the fact that bitcoin halving doesn't automatically results into increase pricing and as a matter of fact before an all time high price can call me after bitcoin halving is sometimes take up to six months to even close to one year.
This will disappoint alot of the unknowledgeble speculators who have speculated various price and timing for bitcoin to take another shape or price turn after the halving cycle.

It's important to differentiate between investors and speculators.

Investors are in for the long term while speculators (gamblers) are in for short-term fiat gains.

Traders are just speculators. Hodlers are investors.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

The average transaction fee for low priority as I write this post is 107 sat/vB or the equivalent of $9.8. Of course, these are expensive transaction fees for the small transaction category, but not a big deal for those who can afford the fees. The price of bitcoin has increased several percent since the halving went live, but certainly not as much as the expectation of some beginners who were expecting tens of percent to hundred.

The impact of the halving on the price of bitcoin is very dependent on demand and supply, meaning that the halving will not necessarily make the price rise drastically if demand for bitcoin does not increase. You still have to wait patiently, they and I are the same if you want to get higher returns than now.

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Quote from: tabas on April 21, 2024, 05:29:14 PM

Quote from: fuguebtc on April 21, 2024, 12:11:34 PM

Quote from: tabas on April 21, 2024, 08:49:12 AM

I thought that this thread is about someone who's ranting about just after the halving and why the price of Bitcoin ain't increasing. But you're right with that suggestion of yours to buy while they can still look at this level of $60k. We've never got tired of reminding people to buy Bitcoin at any range that seem to be good at the moment and we always tell to buy before we'll never get to see these prices again. Whoever listens or does the initiative to buy, they're always the ones that are victorious and laughing at the end to the people that have laughed at them because they've never believed Bitcoin.

For those willing to take risks or already knowledgeable about the bitcoin market, advising someone to buy bitcoin is always considered a good thing. But you giving advice to people who know nothing about bitcoin is no longer good advice. Even you yourself do not guarantee that your investment will bring profit, how can you give advice to someone who knows nothing about bitcoin? Dont rush to give financial advice to anyone if you don't want to be blamed like the OP.

It's true that they might blame you for giving tips about buying Bitcoin and I've been there and experienced that before. But how it could be that someone will ever know Bitcoin if they you won't tell them what Bitcoin is and whether they should buy or not? We already started from having no knowledge about it until we become curious, did some research and asked people's advise as well.

Quote from: fuguebtc on April 21, 2024, 12:11:34 PM

Quote from: tabas on April 21, 2024, 08:49:12 AM

Not just days but months or even a year after it. Cheesy

OP will soon receive more criticism when he claims that the bull season will come a few days after the halving. Not only OP but many newbies are having this wrong thinking and they don't know that it will take at least a few months or a year for the price increase season to come or never come, nothing is 100% certain.

That's okay, I know that he's optimistic about that but don't tell an instant advise that Bitcoin will soon pump. Give it some time and enjoy the ride.

For those who have never heard of bitcoin, I think we should introduce and provide materials, their knowledge will be many times better by giving advice to invest in bitcoin when they do not know anything.

If OP doesn't rush to urge his friend to buy bitcoin, but instead takes the time to teach them everything about bitcoin and let them make their own investment decisions. I believe OP will not be blamed and his friends will also be more confident in holding bitcoin. Unlike now, they start to panic and may even dump if bitcoin suddenly drops in price.

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Alot of new investors have misunderstood what bitcoin halving really stands for and how it influence the market, knowing the fact that bitcoin halving doesn't automatically results into increase pricing and as a matter of fact before an all time high price can call me after bitcoin halving is sometimes take up to six months to even close to one year.
This will disappoint alot of the unknowledgeble speculators who have speculated various price and timing for bitcoin to take another shape or price turn after the halving cycle.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

The 2016 ½ ing was around may or maybe july

the peak was dec 2017 over 15 months later.

the 2020 ½ ing was around may or july 2020 the peak or peaks hit in april 2021 and nov 2021 over or close to a year later.

so we have a long wait to see the ath.

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Quote from: fuguebtc on April 21, 2024, 12:11:34 PM

Quote from: tabas on April 21, 2024, 08:49:12 AM

I thought that this thread is about someone who's ranting about just after the halving and why the price of Bitcoin ain't increasing. But you're right with that suggestion of yours to buy while they can still look at this level of $60k. We've never got tired of reminding people to buy Bitcoin at any range that seem to be good at the moment and we always tell to buy before we'll never get to see these prices again. Whoever listens or does the initiative to buy, they're always the ones that are victorious and laughing at the end to the people that have laughed at them because they've never believed Bitcoin.

For those willing to take risks or already knowledgeable about the bitcoin market, advising someone to buy bitcoin is always considered a good thing. But you giving advice to people who know nothing about bitcoin is no longer good advice. Even you yourself do not guarantee that your investment will bring profit, how can you give advice to someone who knows nothing about bitcoin? Dont rush to give financial advice to anyone if you don't want to be blamed like the OP.

It's true that they might blame you for giving tips about buying Bitcoin and I've been there and experienced that before. But how it could be that someone will ever know Bitcoin if they you won't tell them what Bitcoin is and whether they should buy or not? We already started from having no knowledge about it until we become curious, did some research and asked people's advise as well.

Quote from: fuguebtc on April 21, 2024, 12:11:34 PM

Quote from: tabas on April 21, 2024, 08:49:12 AM

Not just days but months or even a year after it. Cheesy

OP will soon receive more criticism when he claims that the bull season will come a few days after the halving. Not only OP but many newbies are having this wrong thinking and they don't know that it will take at least a few months or a year for the price increase season to come or never come, nothing is 100% certain.

That's okay, I know that he's optimistic about that but don't tell an instant advise that Bitcoin will soon pump. Give it some time and enjoy the ride.

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Quote from: stomachgrowls on April 21, 2024, 03:36:48 PM

Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Halving event doesnt really give out that immediate effect like increasing its price or whatsoever, it would usually take up for a couple of months or 6-9 months exactly on basing up with the previous cycles
on which this is something that could likely happen on this current cycle. You would really be getting blamed if you do make out some asurrance into those someone who you do give out some advises.
If they are complete noob then most of them are really that impatient and this is why its not that shocking that they will really be having that kind of reaction on which this is something
that they would really be having in minds and expecting something positive but its not.

Tell them to hold, it would really be taking up some time for the market to make out that bull run and its better to keep on DCA whenever it drops because in post-halving event
there would really be those huge pull bucks i must say.

On the time or on the moment that you would really be telling someone to invest on Bitcoin or any altcoins in the market and give out that kind of projection about making huge money then you are really that bound on getting blamed in the end of the line on which this is something that could really happen because you do give out that kind of assurances to them to make money which is really that a bad idea. Whenever you do make out some recommendations then it would really be always best that you do explain to them about the risks factor. Always go for the good side and the bad side and explaining to them about those probabilities so that on the time that they are seeing their portfolio to be in reds then they would really be that wary and wouldnt really be giving out those blaming vibes just because you have told them about the risks or simply its cons.
People wont really be pointing out a finger on you if you do make out that good advises and telling about the risk. I do agree on what you have said that newbies are normally be on this way on which they are really that anticipating all the time for positive things to happen without tending to see the other side.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

You made two mistakes here, the first one was to believe that an increase on the price after the halving will happen immediately, but this is not the way it works, as it could take months before bitcoin goes up in value, your second mistake, and by far the biggest one, is that not only you suggested to your friends to invest in bitcoin, but you also imparted onto them the mistaken idea that bitcoin will grow in value very quickly, so I think they are on their right to partially blame you if they lose their money, and depending on how severe are their losses, how mad they are about it and the legislation on your country regarding your actions, you may even get sued by them.

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Quote from: arhipova on April 20, 2024, 09:25:31 AM

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Halving event doesnt really give out that immediate effect like increasing its price or whatsoever, it would usually take up for a couple of months or 6-9 months exactly on basing up with the previous cycles
on which this is something that could likely happen on this current cycle. You would really be getting blamed if you do make out some asurrance into those someone who you do give out some advises.
If they are complete noob then most of them are really that impatient and this is why its not that shocking that they will really be having that kind of reaction on which this is something
that they would really be having in minds and expecting something positive but its not.

Tell them to hold, it would really be taking up some time for the market to make out that bull run and its better to keep on DCA whenever it drops because in post-halving event
there would really be those huge pull bucks i must say.

Topic: Why has bitcoin prices not increased just after halving ? - page 3. (Read 925 times)