Bitcoin Forum

Other => Beginners & Help => Topic started by: Robinson66 on July 06, 2021, 09:11:33 AM



Title: About to halve
Post by: Robinson66 on July 06, 2021, 09:11:33 AM
Bitcoin will be halved immediately. Should I deposit bitcoin or use it every day? Can I still buy it now? My personal idea is to deposit Bitcoin. I am still more optimistic about the long-term value of Bitcoin.


Title: Re: About to halve
Post by: mk4 on July 06, 2021, 09:26:02 AM
Halved in terms of what? Deposit where? Buy bitcoin on what exchange?

Probably be more specific and give us more information so we can actually answer your questions properly.


Title: Re: About to halve
Post by: NeuroticFish on July 06, 2021, 09:36:48 AM
Bitcoin will be halved immediately. Should I deposit bitcoin or use it every day? Can I still buy it now? My personal idea is to deposit Bitcoin. I am still more optimistic about the long-term value of Bitcoin.

The term "halving" is usually used in relation to miners' reward. And that halving has passed (May 2020), next being in 2024.

If you mean that the price is more or less half of the last ATH, well, now it has fallen to ~34200$ (from 35000$) and you've missed the 28600$ price from 22 Jun.
From here the price will go up and down and up and down, it may reach or not <enter desired price here> again, it may go to new ATH in a day or multiple years, I cannot tell for sure. In theory, it should go up, sooner or later. But again, I cannot tell for sure.

But you should not ask us if you should buy: it's your money, do as you think with them.


Title: Re: About to halve
Post by: Upgrade00 on July 06, 2021, 09:38:46 AM
If you are posting in order to boost your activity, you have already attained the maximum activity commensurate to your merit count for a new rank and would need to get some more merits for any further activity to count, and such posts as these or thosein the off topic section would not help you much to gain those merits.

If not, then halving is an event that takes place approximately every four years or 216,000 blocks. The last one was last year and It's another ~3 years before the next one.


Title: Re: About to halve
Post by: Oshosondy on July 06, 2021, 11:43:31 AM
Bitcoin will be halved immediately. Should I deposit bitcoin or use it every day? Can I still buy it now? My personal idea is to deposit Bitcoin. I am still more optimistic about the long-term value of Bitcoin.
What did you mean by halve? Did you mean that bitcoin price will halve or you are talking about the mining reward halving? Make your post clear. About the you to be optimistic about bitcoin future, you are not making a wrong decision, bitcoin price will increase but it can take time. Liye right now, hodling some few amount will be good because the price will still increase, it can take time but it will increase.