I've read that the only reason why Bitcoin price starts pumping before the halving because people assume that the Bitcoin will pump in price. They will buy before the pump which results into Bitcoin actually pumping at the year of halving. Same goes for every copy-cats of Bitcoin. As long as a lot of people believing in something like this, it will surely happen.
They keep buying because they believe that there is a huge market change that could generate more gains, it is actually they are expecting bullish. This is the reason why the price goes high as the demand is also high. It is proven in the previous halving and people are considering this thing to happen again. But we can't presume prices where it goes cause it still depends on the market flows and demand. 
Topic: Why will BTC halving stimulate price growth? - page 2. (Read 722 times)
Bitcoin having limited supply is one of the prime reason for bitcoin achieving such a massive growth in very small time period. When the supply gets reduced further and there is more and more usage from common man automatically the demand is much more high. This gets reflected on the price. If I'm not wrong, some day each Satoshi will get used similar to an USD if global adoption takes place.
I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Basically the logic behind this is the pattern as well as the view that lesser reward means the reward amount is becoming more precious. The past two reward halvings came out with a bull run. We assume therefore that this third halving will also be resulting with a bull run. Why? Simply because it happened in the past. But I don't believe there is 100% certainly on that.
The second logic, which basically supports the first, is the perspective of some which essentially says the supply is dwindling, thus the lesser reward. This logic points us to the thought that lesser reward means that BTC is becoming more precious and hard to obtain. And since the other side is rising demand, this could mean a bull run.
The small reward that miners get means that the available supply on the market will be reduced. This will affect the price because the coin holders in the market tend to hold in the long run so that with a small supply and a steady supply will make the price increase
Actually, there is no guarantee whatsoever but that is the kind of logic that comes to the mind of a lot of people. As a matter of fact, if we get a little pessimistic on it, there is a possibility that a group of miners would quit from their operation because the reward may not really be worth the operating cost. The value of BTC has to go higher each time there is halving so that the miners will remain adequately rewarded and satisfied.
But the reality is that the price of BTC is determined by the buying and selling public. Regardless of halving, the price could really fall if there is more selling than buying.
Totally unknown i think! but yes we can bound hope btc will moving more forward It's fiat value in near future then presents!
Every halving has a positive result and has to think that this coming halving positively will behave the same. And I hope we don't have to put into doubts about this. With this coming event, it eventually gives courage for us to stay in the hold and be more patient. This is the only thing that helps to drive a better price, it believes not only for Bitcoin but it possible to uplift also with the altcoins. I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Basically the logic behind this is the pattern as well as the view that lesser reward means the reward amount is becoming more precious. The past two reward halvings came out with a bull run. We assume therefore that this third halving will also be resulting with a bull run. Why? Simply because it happened in the past. But I don't believe there is 100% certainly on that.
The second logic, which basically supports the first, is the perspective of some which essentially says the supply is dwindling, thus the lesser reward. This logic points us to the thought that lesser reward means that BTC is becoming more precious and hard to obtain. And since the other side is rising demand, this could mean a bull run.
It looks like Halving that happened this year does not really have a significant impact, even on the pair USDT, if we look at today's date, even the average market is starting to fall. It seems that the interest of crypto enthusiasts has begun to decline which has resulted in the current conditions. More supply drop but demand still the same, it's all just goes for nothing.
But LTC makes a huge pump when the halving is start to make noise. Do you see it is like Bitcoin? When last year around last quarter of 2018 we saw that the price of Bitcoin drops roughly below $4,000. After that, the noise about block halving of Bitcoin has started to buzz so, you think from $4,000 to $13,000 pump is the effect of the block halving next year? Or we can see more new highs? Since we have almost 6 months left before the block halving.
Halving could be the catalyst or FOMO factor. People that knew the halving is coming were buying-in to secure their BTC's for cheap during that time. Now they might be waiting for the pump.
Thats how the price went from $4k to $13k.
Logic is simple - less rewards to miners,that means that there will be less dumping on open market from miners.
Agree, it's like economics, if the demand will grow since Bitcoin has block halving event, then fewer rewards to miners so, we can experience the bitcoin being produce will lessen (supply), expect the price will soar up high too? Possible YES, just don't be sure this because if this will happen, we can also see some correction or hard dumps because there will be some person who bought Bitcoins at the lower price will sell their Bitcoins at the profits area, which is probably around the peak.This does not mean that it is true and halving actually will have a significant impact on price, LTC is a good example, it recently had halving, nothing changed.
But LTC makes a huge pump when the halving is start to make noise. Do you see it is like Bitcoin? When last year around last quarter of 2018 we saw that the price of Bitcoin drops roughly below $4,000. After that, the noise about block halving of Bitcoin has started to buzz so, you think from $4,000 to $13,000 pump is the effect of the block halving next year? Or we can see more new highs? Since we have almost 6 months left before the block halving. 
Logic is simple - less rewards to miners,that means that there will be less dumping on open market from miners.
This does not mean that it is true and halving actually will have significant impact on price, LTC is a good example, it recently had halving, nothing changed.
This does not mean that it is true and halving actually will have significant impact on price, LTC is a good example, it recently had halving, nothing changed.
There is less supply from miners. Miner usually need to sell to cover expenses, this means less sell pressure. Also, there is a decrease in supply, if demand is the same or higher that means the price increases.
It is basic economy, the demand is the same or even more and the rewards/supply is less. It's how the economy works, demand and supply create the price. Beyond that the reward is the wage of the miner and if he get fewer rewards he will increase the selling price of his BTC to compensate the reward decrease.
Some people say that Bitcoin halving will trigger the bull run but I don't believe that halving can create a substantial affect on Bitcoin. It can help Bitcoin's rising but not in a better way than that I think.
Did you check the previous halvings though? You can go around and see some graphs and come back and tell us if it doesn't have an substantial effect on bitcoin, Lol. Just thin about it, mining every block halving tells us the the supply is running out pretty soon, because it limits the creation or at least reduce the mining of every bitcoin, thus making it very valuable which equate to more demand with less supply causing the price to be expensive.
I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
It's a mere speculation but there is sure growth prior to that event. A bullrun could also happen anytime without a related event or a huge catalyst which is already proven many times in bitcoin. It is just less supply because btc 's block reward is cut in half and you know that in basic economics that less supply and more demand equals a rise in price. We just don't know if some group would take advantage of this and make a large FOMO.
Look at this chart, it indicates all previous block halvings.
The cycle on every blockchain is always positive for the price of Bitcoin, always creating it's new all-time-high once there is upcoming block halving.
And use this website for countdown on the bitcoin block halving.
Website : https://www.bitcoinblockhalf.com/
The cycle on every blockchain is always positive for the price of Bitcoin, always creating it's new all-time-high once there is upcoming block halving.
And use this website for countdown on the bitcoin block halving.
Website : https://www.bitcoinblockhalf.com/
As everyone already explained since the supply will drop because of the limited amount of bitcoins the price will increase gradually
then everyone is wrong, or maybe you misunderstood what they were saying.
supply doesn't drop, in fact it is the exact opposite meaning supply is always increasing as new coins are being created by new blocks and come into circulation.
the only thing that drops (by 50% or half) is the speed of that creation meaning if it is X bitcoin per day now, it will be X/2 after the halving (12.5BTC/block -> 6.25 BTC/block or 1800BTC/day -> 900BTC/day).
and finally the reason for price rise is that adoption (demand) is increasing day by day so if you imagine two vectors opposite of each other:
supply ----> <---- demand
after halving supply vector is weaker so demand pushes back to reach equilibrium, that is why price rises
supply --> <---- demand
I can understand how the price can rise when the halving happens.
The miners have electricity costs associated with mining. Cutting their coin supply in half will reduce their profits, so they must compensate with a higher price.
Since they are the "market makers" and they bring more coins into existence, naturally, they would start selling at a higher price to cover their expenses.
no, you are completely wrong. miners are NOT market makers. they are only one of many participants, many of them are not even big enough to be considered a whale let alone a market maker.
additionally, it doesn't matter what people sell their coins at, it will NOT increase the price. what increases the price is when the demand (the buyers) want to buy bitcoin at a higher price by outbidding each other. so for example you can place sell orders on all exchanges for total of 10 million bitcoin each at $1 million but it will not change the price even 1 cent!
you see when it comes to supply and demand it is called supply AND demand not just supply alone.
I've read that the only reason why Bitcoin price starts pumping before the halving because people assume that the Bitcoin will pump in price. They will buy before the pump which results into Bitcoin actually pumping at the year of halving. Same goes for every copy-cats of Bitcoin. As long as a lot of people believing in something like this, it will surely happen.
Many people assume that the price will increase so high before or after the halving, and that will give a chance for people to sell their bitcoin at a very highest price. But we are still waiting for that moment, and we don't know for sure if that will happen or not. If that really happens, then we will see the history will repeat again, and that will make people in out there will be amazed. And who knows, the price can pass the last time of the highest price that we already have seen before.
I've read that the only reason why Bitcoin price starts pumping before the halving because people assume that the Bitcoin will pump in price. They will buy before the pump which results into Bitcoin actually pumping at the year of halving. Same goes for every copy-cats of Bitcoin. As long as a lot of people believing in something like this, it will surely happen.
Halving means the block reward will be cut in half so miners will get fewer amount of bitcoins on that day onwards. This will result to slower increase of supply in bitcoin. If there is a huge demand for it but a really limited supply in the market then the price will definitely grow.
Have a look at this link, the first and second halvings rallied more than 10,000% so many really expects for bitcoin to rally next year.
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
Have a look at this link, the first and second halvings rallied more than 10,000% so many really expects for bitcoin to rally next year.
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
I think bitcoin will go into a bull run when halving comes because as far as I know the last time bitcoin experience halving, its price increase rapidly and that's why people are now focusing on their hodl because they know that there's a bull run that going to happen in 2020. But of course no one knows what will going to happen because like I've said before, bitcoin and other cryptocurrencies are so volatile and decentralized that you just need to take a risk in order for you to have a good money in the future.
Usually people are bullish in anticipation of this event and then sell after it happens or just before.
In the long run halving is great and will increase the value of bitcoin but for this process to kick in some time has to pass. New mining equipment will have more power and be more expensive to run making fresh bitcoins much more valuable but the whole economy won't double in value just like that because rewards got halved.
I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
Logic is that mining profitability affects bitcoin's price too. Nowdays mininf isn't so profitable as it was in past, more likely it turned into commercial thing because mining companies have a lot of equipments and good electricity rates which still leaves some profit for them while it doesn't worth at home for individual.Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
So halving means that number of mined bitcoins per block will be half which means almost zero profit. In order to keep mining and profit, we need higher price of bitcoin. In overall halving has very positive impact on people and combination of this and in overall halving situation, price will rise.
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