Bitcoin Forum

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

We can just only hope but we can't expect that bitcoins price movement will be the same as last 2016 halving. The situation back then is really different from now, and there are many factors that are needed to be considered right now before we speculate that bitcoins price will double or even pump during next year's halving.

We can't just compare previous halving in my opinion. The situation is totally different, data is still small, and it's going to be harder, I mean to totally double the price it will took lot of money to come in the market. So most probably after next year's block halving, I'm not expecting a sudden jump, the price doesn't work that way, we really need some fundamentals to really push the market to even try to get in $20k, our last all time high during the bull season.

In the crypto world things like halving always cause a big price increase, but the problem comes after the halving that price goes back down a lot. If we look at the past scenario and the current one realizes that today there are many people who are buying bitcoin, then it is possible that the impact of this halving is greater than the impact of the past halving.


We recently saw the price go from $7400 to over $9500 in a few days (I think it was in two days). That's why I believe the price can easily double.

Can't say about the x2 jump but we certainly can expect a good rise in price in 2020 halving as another popular coin Litecoin made a very good price rise even in the bearish market. The market seems to be improving and bitcoin are being bought by large whales. The halving would naturally create a scarcity of new coins from miners on the market and lead to price rise.

Price goes down because of whales taking profit. They're manipulating the market anyway.

There is no guarantee this will ever occur. Or it might occur in a higher or lesser degree to what you expect, only to "correct" itself later. Also after halving there is a chance for a bearish trend, not necessarily immediately. It will depend if the price spikes too hard, this is more likely to occur. The less the price climb, is actually better as it will probably has less pressure to go down.

Yes, on the long run it should gain more value, since now half the amount of coins are being minted, but that doesn't necessarily mean exactly twice the price. To me the right price would be less than twice, but more than pre-halving.

Bitcoin is maturing, and its price fluctuations are becoming less and less pronounced. Look at the price change in percentage, not absolute numbers, and you will notice this pattern.

A change in price from 9000 to 10000 is identical to a change from 9 to 10. Bitcoin had far more dramatic price changes in its early years, but not anymore.

And Litecoin isn't in a much better position, its halving already passed, didn't it? Its a nice altcoin, nearly identical to Bitcoin, but it didn't help that its creator dumped it... I guess it now has its natural price, don't see any reason for it to see any spikes whatsoever, be thankful if it doesn't plummet like most altcoins. I hope you are aware of the existence of the "L5" asic miner Bitmain seems to keep secretly to themselves...

History demonstrates that, whatever happens to bitcoin price, the others follow more or less. But the opposite isn't true...

Talking about Halving day, from a source that I read, there is already a lot of speculation that it will break the figure above 30k USD or more, but if talking to friends in the crypto world, Halving in the following year will be different from 2016. There are too many pros and cons of Bitcoin at this time. which initially did not support suddenly supporting Bitcoin regulations or even vice versa. just wait and see .. we are waiting for the real good news.

most likely in the next year the price of bitcoin will rise very high whether the price will double, I don't think we can predict correctly and by 2020 bitcoin will be reduced by half and this will definitely result in a very high price increase that year, and there is a possibility that Behind the excitement of soaring prices we must also be very antipasi with the market because of the habit when such an event occurs, asset prices will drop significantly.

If you're looking at this from a logical point of view, the ability to obtain more BTC essentially gets halved, so, therefore, the supply becomes even less and the price should surely go up 2x of its price, right?

That's where you are likely wrong because you are not taking into account a lot of other factors that is likely going to affect the halving, and expecting a 10,000 price increase, compared to a 400 price increase is very different.

In my opinion, we'll see an instant increase of 20-25% of prices, and then over the next month, it'll go up 50% and stabilize around there.

The last two halving event completely has different market reactions from each other including the upcoming one. People are just too hype up to accumulate more because of the uptrend price motion of Bitcoin from the last 2 halving. There might be no definite reason why the price increase just before or after the event, but one thing is for sure, It's because of the positive news that speculators bring up to the market presenting the price movements everytime Bitcoin is approaching the halving of rewards.

In concur with this opinion, this is more or less what i was thinking. Not 2x, but something like 1.5x is about right. If if climbs far above that, it will correct down, maybe bounce a few more times. If it stays low, the uptrend will continue until it reaches those prices.

On each halving, expect the price increase to be less than the previous one, in percentage. This is called maturing, and is fine. Consider that most bitcoins are already minted and in the market, the reminder will take longer and longer to come out, stretching all the way until 2140. Mining will become unprofitable far earlier than that unless cheap and abundant energy, such as that from Nuclear Fusion, becomes a reality.

Nobody can be sure if what happened in 2016 can also happen in 2020. Right now, because Bitcoin is getting bearish, we can read many negative leaning articles in many crypto-focused platforms which paints a darker Bitcoin market despite the coming halving. One is suggesting that the impact of the halving has already been factored into the current price all because any possible increase should have started one year before the said scheduled event. I am sure though that if Bitcoin will be making a slight bullish move, then the sentiment on the halving can turned into very positive. In other words, only time can tell what will be, we can only speculate, wish and even dream for that bull run to come in 2020.

One thing for sure, miners will not let their profits being sold at a weak market price, they will definitely sell it at huge price and as a result, we might not be sure if bitcoins price will raise up to 30k or just double, but we can assure its market price will increase, through this information, it is really a time for us to buy and encourage our colleagues to invest in bitcoin, as through bitcoin halving, we can also contribute to the market price not knowingly if we accumulate volume of it.

This upcoming bitcoin halving is likely going to a be a bigger one than what ocurred in 2016. First of all, the number of people who were investing into bitcoin compared to those who are at the moment are far lesser than today so if people are to buy during the FOMO the price rate is going to be insane. Also, most countries are embracing cryptocurrencies at the moment and this is a very good thing to see the price reach an all time high again. This is the best time to buy into the dip of bitcoin pending this upcoming bitcoin halving.

Halving is a halving, with every reward halving energy consumption more or less is also cut in half.

Bitcoin  emission rates.
2009 to 2013 about 12.5%  (aka 50% of all coins mined)
2014 6,9%
2015 6.5%
2016 4,9%  (July 9th, 2016 75% of all Bitcoins have been mined)
2017 3,3%
2018 3,2%
2019 ~3,x%

2020 ~1,6%   (at third halving 87.5% of all Bitcoins have been produced)
2024 ~0.8%   (93.75%)
2028 ~0.4% 
2032 ~0.2%
2036 ~0.1%
2040 ~0.05%
.........
2140 ~0,0000000015%

Transaction fees compensate for mining reward decrease.

Fiat (stablecoins) inflate 2-3%  forever unless high inflation is happening.

Comparing 2016 halving is difficult can't expect the same. But if it happens in 2020 it's a very good thing, so that everyone will grab the opportunity.

Just will have to hope for the best to happen in 2020.

we are just small traders who only see big investors playing with bitcoin prices right now, we are at the end of 2019 but there is no definite price movement, we are all just waiting for good news in the near future, as usual bitcoin always has surprises for all , bitcoin halving in just a few months

You cannot compare one Halving with another without including the many other factors that happens during that same period. Remember, the price

is not just affected by the Halving, there are other things happening in the market at the time that influence the price. You might have some big

event happening that might push up the price and then the Halving will piggyback onto that event and also visa versa with a negative event. I can

tell you now that the price will not double with the next Halving.  ::)  In any way, the Halving influence happens prior to the event taking place and

not on the date that it happens, so you will have to look at the price history of at least a week before the event to see what influence it had.  ;)

Way far. $400 to $800 looks like a cheap money by now.
We are talking thousands of dollars now. $8-9k to 16k-18?
It might happen though since we have already reached a 12-13k mark. If this hype will never stop and all the discussion about the halving then it might really come true.
Cross fingers though, a large probability of an event to be dumped it at an enormous number could also happen. Fasten your seat belt before the end of the year.

The 2016 was really a big hit for bitcoin holders. This 2020 is a very exciting one. We'll always hope for the best. It can either surpass the way 2016 had or just make it the same. Either way all we hope is a great price to get a higher returns.

Have to disagree here. BTC has already reached $20K and scaled back in value ever since. The upcoming halving event will most likely help it touch a new ATH surpassing the previous high due to the hype surrounding this event.

This is not an ETF decision which may or may not influence the price. Expecting a 200% jump in value is rational due to world governments embracing blockchain tech and companies like Facebook, Google coming up with their own digital payment methods.

People expect to much in the coming halving, there's a possibility that it could happen, only a possibility but not a guaranty, every volatile market can not guaranty a particular scenario, it's just good that apart from the coming halving, we have some good news popping up from time to time, if the price of Bitcoin double or triple it's not only about the halving, it's because a lot of good news and adoption.

The thing about halving is that is increasing the difficulty of mining, so the supply is decreased the demand still the same and that will eventually lead to an increase of price even if it is just a little, and with idea and people looking forward to it so they can make some profit out of it they start investing and buying more bitcoin and holding, and that also leads to a potential price increase, so even if halving does not add something or change the price significantly it creates an idea for people that push them to invest more and buy more bitcoin so they can make profit from it and that leads to price increase.

halving differences that might occur in 2020 I am sure that many people will take advantage of moments like this to make a profit because many new traders and old traders are learning from what ever happened when halving and they know that the existence of halving bitcoin will make the miners will it is very difficult to do mining because of the increasing blocks that have to be solved by bitcoin miners which ultimately makes the price of bitcoin expensive because it is difficult to get bitcoin.

Based on what happened to litecoin, I'd say no.

The previous litecoin halving in August 2015, litecoin went from $1.12 to $8.72 before falling back to $2.55.

But in the 2019 halving, it rose to about $150 and then fell back to $60 - significantly below the all time high of $360.

We are all the waiting for the next halving on Bitcoin, But we can't predict the future destination and passed destination is easily said everyone. So before to start next halving we need some big investors or some country support. I hope further years Bitcoin will going to moon and other altcoins also going to peak.

There's also some differences - this time we had a bulll run nearly one year before the halvening, when the price went from $3,500 to $14,000 in a couple of months. This shows that the market players strongly anticipate the halvening and it's already getting priced in. Though judging by how stagnant and slightly bearish the market has become, it looks like there's also a lot of potential for bullishness caused by the halvening.

Also, in 2016 we went from 25 BTC per block to 12.5, and now we'll go from 12.5 to 6.25 - while the relative change is the same (two times), the absolute change is smaller, so the effect of supply reduction will also be smaller. Maybe the next bull cycle won't be as big as the previous one.

The halving period gives hope for every holders and believers that the market will again be on its bull run status. A lots of speculations are surfing around regarding to the possibilities of gaining much higher than the last time high.  Though it's still in the hands of investors and big players to
whatever directions the market will proceed. Looking forward to see much clearer directions after this year.

I also see it as a big difference since before on 2016 the ATH didn't happen yet many are still holding on to their bitcoin and didn't sells it yet, but in year 2017 the market became in bull run so the tendency is some holders already sell their BTC. If the 4 year difference of 2016 - 2020 will be able to get new investors. Or will see if 2021 will be like 2017.

What are those difference? Halving back 2016 and incoming ones? What are the factors that need to be considered? Can you sight few that may help OP or the whole community. As me myself also wants to know, because i am having doubts what to do- increase my BTC or sell in beforethe halving comes.

Bitcoin has pumped in the price since many people have gained awareness of it because of legit ICOs that have provided huge rewards to bounty hunters in recent years. So I think this is one of the reasons why bitcoin prices are rising so well. And in my opinion, I don't think that bitcoin will be as high as it is today because ICO bounty campaigns are gone. And many scammers are taking the advantage to scam people on thier fake ico

The values are different, that's what matters.

At 12.5BTC the inflation in us dollars at today's rate is ~$5.6 billion a year.
At 6.25BTC the inflation in us dollars at today's rate is ~$2.8 billion a year.

For an asset so illiquid that's an immensely bullish outlook. Back when we had the halving from 25 to 12.5BTC the values were a joke. The larger the market grows, the more money you need to sustain the same price levels, so every reduction in block reward will have a massive impact long term speaking.

As for the next bull cycle not being as big as the previous one, that's entirely possible but not so much related to the block rewards or any other fundamental aspect. Hype always drives prices much higher than we all expect, and the panic and fear afterwards drives the price much lower than we expect.

As they say brother, nothing is written in stone. When dealing with history, the past has a pretty good tendency to repeat itself but not indefinitely. Things are subject to change. In light of remaining optimistic, I would certainly hole that the price rises, as this would indicate a bull run. We could sure use one of those right about now!
   Only time will tell what will really happen after the initial block halving again.

In the article, it was said that the possibility of the next Halving Bitcoin would be the same as what happened in 2016. And I also believe that. The price of Bitcoin can exceed $ 20k after Halving occurs, we wait for that moment. For Miners I think they will continue their work for Mining Bitcoin even though the rewards are reduced half to 6.25 per block.

I think most of us here are hoping for that to happen but nothing is for sure because the market is so volatile and based on the histor of Bitcoin the price goes up after 1 year of halving which is still far from now and a lot of events may occur during this time. So, for now let's just hope for the best and think positive for Bitcoin's bright future  ;)

That's too much for a skeptical people just like you. ;)
Do you think it would create a FUD instead?
Although most of the time bitcoin halving won't take an immediate effect because if you're going to notice on the previous halving, it takes too much time before the real effect move the price to the moon.

In my opinion I don't want to compare between the coming halving and the previous ones since Bitcoin back then was a tiny asset and crypto industry as a whole was unknown for community. The next halving will be coinciding to the popularity Bitcoin and crypto has gained so far plus the huge crypto infrastructures and mainstream media that will set fire to the engine of price to skyrocket next year.

If we look deeper into it, the price went up a month prior to halving, whereas after the halving it actually went down 20% and did not reach the previous result of $800 for 5 months. Not to mention that all that was far behind the ATH, which was reached in November of 2013. So if that's what awaits us, it's not the best thing, really. I mean, there might be a 2x price increase, but it will not last for long if 2020 follows the pattern of 2016. And waiting for half a year for things to change for better is a long time. And unfortunately, it's hard to find data about the halving prior to 2016 due to the lack of data, while relying on one such event does not make much sense.

I believe that the halvening is pretty much priced in so I expect the price to dump when we get closer to the halvening so the institutional investors can engineer liquidity for their positions while retail traders get bullish for the halvening. After a pretty harsh stop loss hunt I expect another bull market leading into the price discovery phase.

Yes it happens in every halving that we encounter, it always makes the price a dump, it always go to buttom. And many news will be made when they hear that a halving or a halving is going on, it really affects the price of bitcoin. But I think the halving on 2016 is more crucial than what we expect in this halving next year.

That's why we're discussing pre and post halving.

I wasn't using Bitcoin back in 2016, but I am sure that it was the same as to what is happening right now except for the fact that we're going higher to where that price swings happen.
I don't think that we can pretty much just base on these patterns showed by years, but hey the price jumps might apply the same as it was before. Who knows? Who knows? It has an unstable price after all.

I don't think that it's gonna be easy after the halving for bitcoin to be pushed harder and reaching the 20k$ in just a few months. I meant it's not gonna be like the last halving in 2016 in my opinion. I'm just thinking that bitcoin will reach again the 15k$ by that time and it will be good for us and probably it's gonna be pushed more by people and hopefully we'll gonna see it at 20k$ level by the next year.

Many speculators have filled Twitter with the comment that Bitcoin will witness a strong rally like it has happened in the past. However, nothing is certain .. in many markets, an expected event will often cause the price of related assets to rise in the days leading up to that event. But once the event takes place, the prices of those assets often drop significantly. Halving LTC is an example

Hope is always yes, it's just that everything can happen but it is also possible to instill confidence in each other, this will help when halving comes. In fact, bitcoin survives because they still believe, I hope everyone is able to believe that bitcoin will double when halving so it will produce a pump. But let's just look at it next year ..

It's not about pattern. We're talking supply and demand here.

They're beating the drums. Believe it or not, crypto, including Bitcoin depends on speculations more than anything else.

I'm a little more bullish than you are. I think BTC is going to surpass $20k pre halving, then have a serious dump with traders taking profit.

Its very much possible to go beyond $20k this time. With China's adoption to cryptocurrency and other countries going digital, there will be a massive pump this time. I'm more of bullish as well since every halving it does happen. Those old users had experienced this over and over and now that there are more people who are up to crypto investment, they are now replying to this financial market.

This is not certain that halving will result in a price rise of BTC as witnessed in 2016. The Crypto market is now mature enough and such news won't make any impact on BTC price. My opinion is negative for this price rise.

Times have changed, the demand for bitcoin has slightly increase compared to 2016, I speculate that there are high chances that bitcoin might increase to about 15k-18k per BTC around halving period, BTC price is so volatile, it's been to approx $14k this year within a very short period of time, so anything is possible.

That's exactly right, and I'm not entirely sure that the price is positively correlated with the halving events in a causal effect anyway.  On the one hand, if you just look at the chart it does seem that there is that sort of relationship, but I think many members on the forum think it's guaranteed that halving=price increase, and that just seems silly in my mind.

I tend to agree with that, tho I'm not sure what the maturity of the market has to do with it.  But I just think that a well known event that everyone knows is going to happen shouldn't produce a predictable price increase.  Were that true, it would basically be a license to print money.

In the crypto market everything is possible and we can expect Bitcoin to double in 2020. However this requires a large amount of capital to pour into the market, and it is very hard to happen.
If BTC could double in 2020, I'd probably reward myself for a trip.  ;D

I think that we'll see similar conditions for sure.

Halving has always been positive on the market forces, as it inspires confidence from investors psychologically but also creates increased scarcity for newly minted coins, which obviously impacts price in a positive manner.

However, given the state of the market, as I said before, expect the pumps to be significantly lower than what was seen after the 2016 halving.

Though we could expect at least but it won't have definitely have a same outcome like what did happenend back then. Of course it market price would increase but the difference is the exact price. It might get higher or lower than or close just enough than before. What get me nervous is that what would be situation after halving probably after a year or months.

177 days to go to next halving. Time flies, it will come before we know it!

Cannot expect the same price increase, because the situation is different, the demand for 2020 is certainly different, which can make prices higher or lower. Cannot predict exactly what price will be achieved in 2020.

we can only hope that bitcoin will increase after halving like in previous years. because if we look at the current situation is different in 2016 when the value of bitcoin is still low at $ 400 and now the value of bitcoin is already high at $ 8000. and since its increase in 2017 then bitcoin has continued to decline. and right now we are in a bearish market. I'm optimistic that bitcoin can pump again after bitcoin splits in half. but I don't expect to be too high like the increase in 2017. bitcoin can reach $ 20,000 I'm quite happy.

There is still a lot of difference though.
Just look at the number of users which had been added here.
Let us make this new one as an example.

https://bitcointalk.org/index.php?action=profile;u=2717474

2,717,474  :o

That could make a difference.
I don't say all are into bitcoin but imagine them having even just a piece of it.
Changes in the buying part and in the selling part. With the community growing and bitcoin being divided then a big wave would not likely to happen.

halving that will occur in 2020 is all still speculation and predictions. We expect high prices, even higher than in 2016. Even so, there is no strong guarantee that prices will rise like 2016. Some people predict that the price of bitcoin will reach $ 20k, even the new ATH. if the speculation you provide is proven, then the price of bitcoin is around $ 16k, or even $ 17k.

However, that is uncertain, we all expect the highest price for that year, and given the predictions, you have given, then 2021 will be an extraordinary increase, the same as 2017.

The past two halving that we have had has made a very significant impact on the value of bitcoin and we could see how the value surge by greater percentage during the halving which could not have been a coincidence at all, so if all the other halving have had effect on bitcoin despite all the low adoption that we had then, it would not be now that we have more adoption of bitcoin than the last halving for us not to see any changes.

Many people including me are eagerly waiting for the halving which I am sure that it will encourage a lot of people to start putting more fund in their wallet as against the expectation of the halving which I think that it is just like 5 months away from us now. Your article really hit lots of point and I agree with it a lot which should be enough to motivate us in preparing for the surge.

I did not understand the post here, is it the total number of users in this forum, the total number in this forum does not denotes anything as majority are here for the bounties and not to invest.

If you are looking for a big rally, the investment from come from big institutions and not from tiny investors who are experimenting with the new market. There are many things happening in the market and regulations can be expected in the next couple of years and whether it will impact the price rally is yet to be seen.

The miners will have to sell the coins for a high price after halving, its going to be high to cover the cost of their power and the maintenance of their mining machines.  The scarcity of the supply will help BTC price to appreciate again, maybe this time we may never really see BTC price below $10k. And the adoption is going to push the price to a much higher support. These are all still speculation, the situation today is very different since its all free back then and today it seem like most of the investing firms are up to pull the price down.

hopefully it will follow the same path but I am not expecting it will as the market has really change a lot these days.
Before, even if BTC is more dominant than the entire altcoins but at least we are seeing some stability on altcoins and there are less dump compared to pump, that's why the market grow.

At his situation, we are in the bear market, and it's hard to be optimistic when we are in the bear market as price could any time dump.
maybe some price improvement as a result of the halving is good but I'm not expecting much like 100% increase though.

Almost all news and article are saying this, and most are very optimistic. But I think 2016 has more hype compared now. Next years halving will be more on adoption and more financial institutions will join on crypto, that's why I say that not more on hype in 2020 Halving.

Year after 2016 halving we had all times high price for bitcoin and many other alts. Its too early to talk about 2020 halving, many of us expect at least the same to happen like in previous years, some people expect even more from next halving. We can say that crypto market is much more developed then in previous years, halving is a big event, and we have a lot of attention around even now. As we see halving coming closer, there will be more excitement, but just time can show what will happen!

what you say is true that Bitcoin needs Fundamental that can really push prices, because if you just look at the previous Halving history it is less effective because at that time the price was cheaper. whereas at the moment the price of bitcoin is quite high with strong fundamentals investors will trust even though the price of bitcoin is already high. so that bitcoin can really be bullish.

of course everyone hopes that bitcoin in 2020 can be bull after half-reduced in May. and many predict that bitcoin can pump like in previous years. but this is only a speculation that can be right or wrong. and the current crypto market conditions are different from the past. we can only hope that bitcoin can go to the moon next year and reach a new ATH. the market that will determine bitcoin can pump or dump.

Possibly the same pattern will happen, but we need to wait further for those chances to occur. Bullish run cannot be experienced yet due to few circumstances, but still there's hope for all of us. Don't give up and always trust the ongoing development which will surprise everyone of us in the near future.

The number of whales that had been running the show to pump and dump in the market may really delay price to go up since most of them are just trying to accumulate more BTC, snatching the coins from the ones that panic the most. You can imagine how much the marketcap could change in just few days. I really hope they all burn when someone out there going to buy the coin they dump so they will chase the price up.

I haven't  read up the article but I shall say that bitcoin halving event outcomes wont really be similar to each other but majorities mind will always think off that shoot up
price event which cant really be blamed of since we do already saw on what happened in the past.

We might pump or not on upcoming halving but im sure it wont really be  easy as it sounds yet there would be lots of resistances that you should be broke off yet we know that
there would be lots of selling points along the way that's why im not really expecting much.

in my opinion people who waiting for halving they already buying because there is not enought time for halving starting then prices can rise much before halving and at any moment ; if people does not know what halving mean ; here i agree with you

Altcoins was fewer at that time, which indicates the probability of the pump to be higher but I cant tell the probability to double the price like in 2016 in the same month, If it does it will be for a short time before it dumps again then the momentum will turn around

I think this time the value of bitcoin has also increased dramatically when bitcoin halving came. because most sharks are mining bitcoin and they hold quite a lot of it. The last sell-off I think they are holding a lot of USDT and wait until the halving news started to influence, they will soon push bitcoin to a high price. The crowd will follow and continue to drive bitcoin even higher. This is a pretty good conspiracy theory that I read from a blogger on the Steemit forum.

I do not really believe in conspiracy theories the halving is going to have an effect in the price of bitcoin but many are expecting that this effect is going to happen immediately and the market despite its volatility doesn't move that fast, it is going to take a lot of time for us to see the effects of the bitcoin halving, if you are a short term trader then you need to be very patient and wait for your opportunity but if you are a long term trader then you have nothing to worry about except to hold your coins.

of course all bitcoin holders certainly hope that bitcoin can pump after halving in 2020 like 2016 yesterday. if we look at the price of bitcoin it always increases after halving. but I don't think anyone can guarantee whether bitcoin will increase like 2017. Because the current condition of the crypto market with 2016 is different yesterday. but I also hope that in 2021 bitcoin can reach $ 20,000 again.

With reference to the year 2016 we can't expect the same pattern of growth to happen this time. There was growth in 2016, and the perfect growth happened by the year 2017. By then there isn't big growth as predicted, following is the market movement of altcoins. Now more speculations were happening relative to halving, and we can know the reality only when the respective time is reached.

I don't know why people keep believing that, it is true that the halving brought some growth the market of cryptocurrencies but the price skyrocketed at the end of 2017 not because we had the halving one year before, the price went up because at that time we got one of the most important upgrades in the history of bitcoin, the segwit upgrade allows for the lightning network to be implemented which is finally going to allow us to see the adoption that we want as we will not have to wait for minutes or even hours to get a confirmation.

The Bitcoin Lightning Network (LNX) altcoin is unworkable in daily usage scenario unless you are a serial shopper in a particular store.
Bitcoin Core (BTC) can never be used as money at all, fees are ridiculous.

Ya, Segwit. I forgot that this feature upgraded in 2017. It is also an important feature that helped Bitcoin so much to become an excellent payment method, but I still keep my opinion that Bitcoin Price could be affected by Bitcoin Halving.

Just a flashback, in 11/2012, when the first Bitcoin Halving happened, the Bitcoin value since that time has raised from $11 to $1100 within one year (2013). Don't you forget what happened in the second Bitcoin Halving? It's also affected the Bitcoin price after one year, when the Bitcoin reached the new all-time highest price - $20,000.

Let you say that it is a coincidence. But according to what I have learned and experienced, this coincidence is often repeated. I guess the Bitcoin value will increase in 2021 - one year after the Bitcoin Halving.

The difference is price was much lower back in 2016 so when people wanted to buy the price went up very quickly, nowadays the price is so high that there are people who mine it for free (not really free but you get it) and sell 1800 bitcoins a day just from zero and there are traders and there are people who want to sell and all of those bitcoins being sold has to be covered by people who just want to invest, that's it, so it is not easy to do that right now when bitcoin is thousands of dollars.

Yes, it may still go up and we can still have bitcoin at over 20 thousand dollars one day, there is nothing stopping that and enough attention is given to bitcoin but that doesn't change the fact that increasing the price in 2016 was much simpler.

We cannot base our beliefs on a single data point, just because the price of bitcoin performed really well back then that does not mean the same will happen again, especially since it is way easier to go from 400 to 800 than it is to go from 7000 to 14000, people need to accept that as the price of bitcoin goes up it will have greater problems to keep growing as the money needed to make the price to go up increases as well, if you want to see that kind of performance during the halving then it could be a good idea to concentrate in altcoins instead.

   Bitcoin is the most dominant coin in crypto-market, one day entire market will rise and Bitcoin will get back to 20k. What stops Bitcoin
to get there? Bitcoin needs more attention, higher demand, and then people will rise their sell orders and it's how price is growing.
   I think that investors are bullish, Bitcoin still attract more investors towards it and this will lead to higher prices. Bitcoin can reach
higher price, but it's not the time yet, we will have to be patient and wait for that day.

everything is possible in the cryptocurrency market. bitcoin will pump or not after halving in May 2020 the market will determine and answer it. we can only wait and hold until bitcoin goes up. I also hope that bitcoin will go up like 2017 but maybe bitcoin has actually decreased after being reduced by half. all possibilities can happen we must be ready to accept it.

We can't figure it out who's having a big wave of market jump until we have the 2020 halving. It is an amazing performance and what a passive result after 2016 halving but maybe this coming halving show more compared before. Quite a puzzle by then, not sure if this year we could experience another bull run or not cause it all depends on market support level.

This is the last day of the year and we cannot see some great pumps but good thing the price became more stable even if we are on bearish state but for sure when halving comes and the hype will start growing we will get a strong support that can give the best figure for Bitcoin to came.

actually not many people are aware that halving in 2016 will be very big, and now people are already preparing for halving in 2020. we don't know what will happen in 2020, but if we want to compare halving that happens in the year 2016 and 2020, then we need to wait for halving to occur in 2020. However, it will also have the same impact, but halving in 2020 can be the impact of a larger price increase.

New year bitcoin keep with lower price, nothing can make bitcoin keep higher price because until this time bitcoin never grow to higher price. Just have moment where bitcoin exist with lower price only and become dreaming when hope bitcoin above $16k.

We dont need hype but rather i would prefer on seeing a stronger foundation when it comes to price which it cant be easily affected with large spikes like up and downs but those are just hopes yet
this is an impossible thing for an uncontrollable market so as expected these things do happen randomly basing on current fundamentals that would happen along the way.
One things for sure that past wont be similar to the future.There might be some glimpse back but not totally relying for it to happen again.

Yeah, and it seems to be more surprising than of the previous halving. And I hope that 2020 halving will lead to reaching another ATH that we've been waiting for 2 years after the 2017 bullish market. I know that it seems to be either yes or no but what halving can possibly do, its gonna have a big chance though.

It happened before so it's possible to happen again. Though it's not easy as it is but if more investors will start the buying position again then the value will rise back and make more people enjoy the market movements. We just need to patiently wait and make things possible with your engagement around this industry.

If we have to consider only 2016 to predict halving outcome then we could be wrong,  it is not a true representative of the expectation for halving. Previous halving before 2016 does not have altcoins even in this size, height of adoption of the space, government regulations, miners reward, number of bitcoin and other crypto related technology like exchanges.   

Very well said, if we can just use the past to be the basis of our prediction in the future, it would be so easy and this whole thing of unpredictability will never exist. Maybe it could be a factor only but things might not happen based on our own expectation, what makes this market pump again is the hype but we have to ask ourselves, is that hype from the upcoming halving is enough for investors to be investing again like the last time?

https://www.coindesk.com/bitcoin-halving-2016-will-price-rise-fall
We may also suffer dumps after halving as it happens last 2016 block rewards and as expected all the time change. But we also think that people have already educated themselves and could trigger a different outlook for this year. As have been said and most people are thinking of a promising market this year, not a declining one.

when we see the history, you alright bitcoin when halving in 2020. but many people said that halving make no changes include the bitcoin price. so we can see the history that bitcoin halving in 2016 then bull run happen in 2017, bitcoin increase high price in 2017 after one year halving happen. so in my own opinion bitcoin will halving in 2020 but not increase high price

I think halving is pretty much priced in so I'm expecting the price to dump when we get closer to halving so that institutional investors can create liquidity for their positions while retailers get bullish for halving. I'm looking forward to another bull market heading into the price discovery process after a pretty hard stop loss search.

The thing about halving is that it increases the mining complexity, because supply is still reducing the market the same way. That will inevitably lead to price rises, even if it's a little bit. And with idea and people looking forward to it so that they can make some profit from it, they are starting to invest and buy more bitcoin and keep. And that contributes to a possible price rise as well. So even if halving doesn't add anything or drastically change the price, it provides an incentive for people to push them to spend more and buy more bitcoin so that they can benefit from it and that leads to price increases.