Bitcoin Forum

Yes, you've heard it correctly!
Bitcoin's next halving is only 1 year away.

https://www.talkimg.com/images/2023/05/22/halving132ff613bc9b3017f.png
https://buybitcoinworldwide.com/halving/


What's an halving?

Miners are getting rewarded for finding new Bitcoin blocks, a new block is created every ⁓10 minutes by miners engaging in Proof-of-Work.
Finding a block for miners means getting a blockreward of valuable BTC, too.
And these block rewards, attached to each Bitcoin block, are decreasing over time by getting halved.
It's part of Bitcoin as a scarce asset because as we all know, Bitcoin is limited to 21M coins.
Each 210.000 mined Bitcoin blocks, rewards are getting halved (= Halving).
210.000 Bitcoin blocks are roughly 4 years but it depends on how fast all 210.000 blocks are mined.
When Satoshi launched Bitcoin, block rewards have been at 50 BTC per block.
Here's an overview:

https://www.talkimg.com/images/2023/05/22/halving2901d0a7cfc0c761b.png
We are still early

After Bitcoin's block rewards were halved the last time in May 2020 from 12.5 BTC to 6.25 BTC per Block, we'll see a new halving in 2024 (expected to be in April 2024), decreasing Bitcoin's block reward from 6.25 BTC (which is valid actually) to 3.125 BTC per block.

And honestly, we need to admit that 3.125 BTC per block is very low:
Bitcoin's halving is reminding everyone once more, how truly scare Bitcoin really is.  :)
So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go.  ;)

It puts it all in perspective when you consider that after the next Bitcoin halving we are just one halving away from a whole Bitcoin mining reward. It would then be a question of how long it takes before mining regards would be negligible and relatively lower than transaction fees attached to the blocks.

When the mining reward becomes much lower would that also lower the effect of the halving on the price and the sentiments of traders?

If earning 3.125 bitcoin per block is very low, what then are we to say concerning the reward per block for other years that are still ahead after the 2024 halving comes and go??

In as much as I don't know how miners feel about the whole reduction In block reward that happens every 4 years, I think it's exciting for bitcoin and it's community, this is another way to tell that indeed, bitcoin have come along way, and till have a long way to go, the achievements recorded in past years and present time is indeed amazing, and we look forward to what the future holds for the only and only true Money.

The most known effect of halving is the dividing the miner fees into two, and increasing its value due to supply and demand, halving after halving.
By seeing the diagram looks like miners will be in loss maybe after 1-2 halving. Even let's say they still can collect the transaction fees. And with today's price it still struggling and still more than 50% loss compared to last ATH. So yeah, we might see downsizing of mining businesses soon.

In Bitcoin journey yes but in Bitcoin blockchain reward in proportion to its initial reward (not the time frame of reward halving schedule) no.  The next halving will decrease the block reward to 6.25/2 or 3.125.  That is way smaller than 50 BTC per block.  So I consider the reward journey in terms of total circulating supply to mid - late period.  The following Bitcoin mining after two or three more halving is almost negligible in proportion to total circulating supply. See the percentage limit, it is on the 96% of Bitcoin supply.  This means Bitcoin is almost mined up.  And that is not an indication of early period in terms of mining and block rewards.

I think with every halvening the effect on the price will be smaller and smaller, because the absolute decrease in rewards is also getting smaller. Soon 93% of all coins will be mined, so most of the scarcity is already priced in. The price is a result of supply and demand, and demand will play bigger and bigger role while supply is approaching the limit.

We already saw only 3.5 times increase between bull market peaks of the last two cycles - so maybe the next will bring only a x1.5-1.75 increase, so $100k peak of the next cycle.

A good reminder. Weak hands who do not trust BTC and only buy when halving is about to happen will be getting ready to buy soon, i know bitcoiners are usually optimistic about halvings because it causes bull runs leading up to new ATH's, and this is based on past events and history, and even though i know history does repeat itself, i advice that you don't do stupid things like taking loans to invest in BTC, or using your rent or selling your house just to invest in BTC.

The best way to gain returns from the bull run isn't by buying a large sum when the halving is close, it is by starting now to buy bit by bit through dca, the dca technique reduces your risk and gives you a better chance of profit in the long period, do not fomo buy.

No, these people who are encouraged by hype does not buy when halving is about to happen, they are buying when the price of surging making them lost and forcefully sell their holding when Bitcoin price crashes after the breaking of ATH.


I agree, DCA during the bear market and even at the time of the price starting to pick up is a good way to maximize profit.  If we are able to hold it for another record-breaking ATH, (not the one to happen in the current cycle)  I think we can have life-changing profit if we are able to sell them on the said Bitcoin surge.

Valid point actually, but bottomline is no one's certain of what could happen on the next Bitcoin halving. The impression only was made with what happened before but since things does not actually repeat in this market, we might really see changes;could be a bigger lift with the price, smaller, or none. The only thing that would prove is once 'it' already happen. Not all fork are creating a huge wave in terms of market price; example was with Ethereum. Would be good to invest early but be sure to manage the risks involved especially with the amount because anything could happen before, during, and after this anticipated halving.

We can't hear that halving on fiat and gold. This is what makes Bitcoin unique and special. Satoshi creates Bitcoin to repair the deficiency of fiat and gold. And, Actually, if supply reduces (halving), and demand increases, the price will follow a basic economics lesson. Yes, we cannot ignore that 4 years of facts if Bitcoin knows the basic principles of economics.

but, there are still many hypocrites who do unbelieve even have followed it 13 years ago. I don't know the reason, but usually, people like this start to love when H+2, or late.

It is expected for the halving to be already mostly a psychological event.
We just need to look up the number how much volume of Bitcoin is traded daily on exchanges and how much is mined daily. Currently (6.25 BTC x (6 (Blocks per hour) x 24 hours x 28k / BTC) = 25 000 000 USD of BTC mined daily). It's a very tiny amount.
And even then, we haven't taken into consideration that some Bitcoin are traded P2P, which doesn't reflect on exchange volumes.
Halving is already mostly a psycological event.


It is very low compared to 50 BTC / block, 12 years ago.
But 12 years is a very long time and Bitcoin's price has increased a lot since Bitcoin had 50 BTC / block.
In 12 years from now, I expect Bitcoin's price to be much higher compared to where it is now.
And Block rewards will get replaced by transactions fees over time, where transaction fees will become the main source of revenue for miners.

A great reminder for people who are still actively trading Bitcoin rather than being an investor in Bitcoin itself. It's really very lucky for those of us who are still in the early stages of getting to know Bitcoin. I'm still curious about how it will be during the last halving, will the era be a completely decentralized era? or even people will start leaving Bitcoin especially miners because they no longer get their block reward.

Halving progress: https://buybitcoinworldwide.com/stats/halving-progress/
Compare bull markets: https://buybitcoinworldwide.com/stats/compare-bull-markets/

They are good visual charts to compare Bitcoin market cycles and have idea to speculate on what might happen in a coming halving.

To have wider vision for your Bitcoin investment, reading Controlled supply (https://en.bitcoin.it/wiki/Controlled_supply) and another representation of it by Equivalent Network Time (https://bitcointalk.org/index.php?topic=5331087) are helpful.

Exciting. One year away.

During the next halving cycle Bitcoin will pass 20 million bitcoin....the last time the supply hits an even million number (since the supply cap is a couple thousand Sats under 21 million)! It's crazy to think how few Bitcoin there are left to be mined. Within a few cycles the halving probably won't have that much of an effect because its just going to be one constant supply crunch happening all the time rather than just for a year or so after each halving.

Annual inflation on the supply after the halving is gonna be under 1%. It'll finally be under Gold's inflation which is pretty stable around 1.5% annually. We all best be loading up on Bitcoin this year!!

Get ready for 6 figure bitcoin prices to become the norm, though we'll probably get a year's worth of 5 figure prices again during the next bear market before they are gone forever.

Halving has not a direct importance to the average user, as he does not feel any change, as the network will work as it is and the fees as well. Perhaps the only effect is the price, but the price change needs about a year or a year and a half after Halving.

Miners are the ones who will feel the impact, and therefore the time has become tight, and you must recover your profits during this year, otherwise the accounts will change a lot.

Bitcoin Halving time is still in doubt, as some estimates still give a margin of error of several days.

And yeah, as early as 2036 or 2040 halving, we will have "almost mine" bitcoin, so it will very hard to acquire as the price is definitely going to increased and who knows what will be the price that time, we might be seeing close to $500k or even $1 mil a pop?

So it's a reminder for us to just accumulate as many as we can. We could sell some in the next bull run, but least still accumulate and HODL and look for long term as bitcoin might be the way for our financial freedom for us and for our family.

I think this is most likely. On the one hand because of the reduction in supply and on the other because of the expansion of the money supply, which, however much it has ups and downs, is going to continue to expand, increasingly devaluing fiat currencies. For after the next halving the most likely scenario is that the price will clearly pass $100k (after several attempts) and my doubt is whether it will pass $200k, which I think is unlikely. But I also think that the most likely scenario is as you say that in the next bear market we will return to sub $100k levels.

What we have to keep in mind is that Bitcoin is becoming increasingly scarce and fiat currencies are becoming increasingly junk.

Bitcoin users, those who use Bitcoin for payment doesn't care about the halving.  Bitcoin just come and go in their hands since they are using it to pay for purchases while Bitcoin holder does care about Bitcoin halving.  Bitcoin holder assume that halving will have an effect to their Bitcoin portfolio value, it somehow signal that the uptrend and increase of their holding's value is in hand.


I agree miners are the ones who are greatly affected by halving.  With the halving of reward and increasing difficulty, if the price of Bitcoin do not increase and catch up to fill the decrease in blockchain reward and ever increasing cost of electricity, miners will end up losing. 

Thanks for the reminder, all eye are on Bitcoin halving in 2024, I am expecting a better Bitcoin adoption from that time on, between April 2024 to June 2024 I expect a better Bitcoin value starting from that point of time, hopefully, 2025 will be a glorious year just like 2021 was.

Things are going go get tougher for Bitcoin miners around the world because their piece of the pie will have to be cut into two, again, but will make sense if Bitcoin holds a more stronger value in the 2026 bear market.

By that time the new lows might be 25,000$ or even 30,000$, I am excited for the future.

Many experts have expressed opinions on Bitcoin halving but I think these opinions will materialize. The year 2024 is indicated by Bitcoin and the block halving was equal to 7.1428 in 2020 but will be halved in 2024 at 3.33333%. (2020-2021) The price of Bitcoin will increase by three times in 2024 and the amount of BTC will be about 2,00,000 dollars. Eventually the current investors will fall into Bitcoin mining. So keep Bitcoin your own for 2024.

That just means that it's still early and we have a lot of opportunity to accumulate Bitcoin in the coming years. I mean it could easily boost the hype of the market for sure when the halving is near the market price is going to skyrocket again meaning it could be profitable for a lot of investors.

At the same time, there will be a huge effect again on mining rewards means a lot of miners possibly will not be profitable anymore at that point that could also reduce the network hash rate resulting in a longer transaction time and reduced the security of the network.

It seems that halving is became only an event relative to the speculation behind Bitcoin. Naturally everyone is waiting for it, but in my opinion halving is something that should track only progress made with Bitcoin from its

creation. As someone said, we are still early and I think that we needs at least other 10 years to let Bitcoin known from everyone.

PS: Happy Easter to everyone !  :)

The total hash rate will probably decrease after the halving, but it will increase again after a short time. After the halving, blocks will probably take more than 10 minutes on average to be mined, but everything will become normal again after the first difficulty adjustment.
After the previous halving, the total hash rate of network decreased from around 135 Ehash/s to around 85 Ehash/s in 10 days. That was around 37% decrease in the total hash rate. After that, the total hash rate increased again. Now the total hash rate is around 350 Ehash/s. The same thing will probably happen after the coming halving.

I'm excited just like you guys, Bitcoin having season is always a celebration, it has become a popular thing among holders and miners because most cases this is what triggers a new wave of adoption, and expectedly Bitcoin always performed better after every halving is successfully over, things will look ugly at first for miners, but after the dust have settled a better adaptation will take place, Bitcoin miners have to earn less, there is no way this won't happen, but they always get used to it after the halving.

Too bad I won't be there in 2136 to see the halving era with 1 satoshi block reward! who knows how much 1 satoshi will be worth! if nakamoto's vision is right i believe that a satoshi could be worth even more than a dollar! what do you think? just to talk about it, maybe then I'll have my great-grandchildren explain the final price 😅

I feel very interesting to see how people feel hype with halvings. It is like they only know about halvings when it comes and did not know about it years ago. Many people did not read Bitcoin whitepaper, Bitcoin wiki and did not know that Bitcoin has four-year halving in its design. Another thinking is they knew about it but they just think halving is nothing in bear market but in bull market, they change their mind and think Bitcoin halving helps Bitcoin to double its price or more to make new all time high.

That hash rate shock won't last more than 2 difficulty adjustments. In history of cryptocurrency mining, mining bitcoin is a most profitable and safest choice for miners. If they mine Bitcoin forks and other altcoins, they can end with low trading volume, lower price and they will have negative balance sheet for their mining operations.

I am just waiting to see what will be the prices after halving but still we have to wait for some time to see the actual results.The main hype is there because technically the rewards are halfed decreasing the circulating supply and trends say the adoption rate is high which will eventually boost the prices so holders will get returns.I am optimistic about the growth but for me beating the ATH of $68k would also be great as have invested at low points compared to that.So just wait for it and thanks for reminding us about it with days limit also.

I think that in that time 1 satoshi will be at either 1+ dollar or at 0 dollars, no between things.

    -  It turns out that we only have to wait one year, and we can save for one year, I hope I can save a large amount of bitcoin so that I can have good savings by next year as well.

Because it is certain that as the new month comes, the value of bitcoin will gradually increase in the market, many people are waiting for this thing to be honest. I just hope that after the bitcoin halving, I will be included in the development of life somehow.

Glad to learn something new today explained simply. Bitcoin is such a unique currency that overcomes all the pitfalls of fiat. Satoshi is an angel because he designed an extraordinary currency Every year bitcoin gets more scarce and precious. Bitcoin has more value than gold because it is limited. Miners have gone through so many hard times in this bear season that some of them had sold some of their mining equipment because of the high cost of power. So many holders have gone through a turbulent period that some sold out of FUD. As a holder, my wish is to see the Bitcoin price go up, so if your predictions become a reality, I am already celebrating.

I am more interested in the charts and how early we are and yet, how far we've come as to price index to the time. This is an eye opener to investors out there that thinks we've past the stage where one can benefit the most from bitcoin investment and looks for early opportunities in altcoins. The market is still very green and in its vegetative state. There are more that can come out of bitcoin in years before we reach all of its halving cycle. It stretches the idea why, hodling is still the best approach and why those hodling are actually doing the right thing.
It's necessary to spend your coins once in a while as well but, not unnecessary and I look forward to what changes the next halving would bring.

Mining will be still profitable for many miners.
The block reward was 50 BTC (plus transaction fees) when bitcoin was created. Currently, that's 6.25 BTC (plus transaction fees) which means that the amount of newly generated coins in each block has been decreased by 87.5%. Mining is still profitable while the block reward has decreased that much. It may worth mentioning that total hashrate reached its all time high less than a month ago.

Note that as times goes, we will probably see more efficient mining devices in the market.

this is a great topic as well as an encouragement to all of us who invest in bitcoin.
yes, even though we actually won't know what will happen to btc in 2024, and I can't wait to see btc prices in 2024, whether btc prices will go up or not.

yes, let's hope that btc in 2024 will be very high.

Miners will be affected in bitcoin halving because there will be limited bitcoin to mine which will affect their profit in mining. I do believe that there will be an alternative means which miners will get reward apart from transaction fee. Bitcoin halving is what every investor is waiting for so that they can sell some fraction and make profit. It is fast approaching and before you know it,the halving will be knocking on your door. I know that so many bitcoiners are patiently waiting to experience it. This is the first time I will looking forward to experience it. Bitcoin halving is what make bitcoin unique

I hadn't realized that we were only a year away from halving. It's quite possible to start noticing a minor recovery until then, and hopefully, a new ATH within the next 1.5 to 2 years from now. Although I've gone through one more halving, I never actually grasped that we're still so early in the process of reducing the block reward that there are so many halvings in the distant future. I've got no clue if the previous increasing pattern continues in this halving or the upcoming ones, but I'm positive that the next few years will be interesting.

My question now is the following, will mining still be profitable in 10 or 20 years from now?

Honestly I am not too hopeful with the halving this time. I think bitcoin does repeat it's patterns but it doesn't repeat patterns in the very obvious way because you will see a lot of influx of capital if people think after halving market always jumps up. I think there will be a big all time low that might come after the halving and the only market might start to go up. I think bitcoin obviously never repeate itself completely.

I am still holding some Bitcoin in my hardware wallet and have never touched them. I am anticipating the Bitcoin halving, which is just a year away. We are speculating that Bitcoin will multiply its value, just like the last halving. However, we always have to be prepared for unexpected events since the price is so unpredictable.

I wish I could have transferred all of my assets there before I got hacked and lost a lot of money. Those memories still haunt me a bit, but I have simply moved forward and become better at making decisions.

Here's something interesting when it comes to this date (a year before halving). Take a look how low the price was each time when compared to the next 12 months.
Each time these were relative lows and the price was on its way up.
Another interesting thing is that in early halvings people were less eager to buy bitcoin a year before the event. In 2011 the price was tanking a year before the halving, in 2015 it was more flat , but still scraping the bottom, but in 2019 it was past the lowest point breaking out towards a bull market. It's doing a similar thing this year, trying to break out when it's still a year to the halving. It shows the market is more mature and there's much more buying taking place.
https://resources.swissquote.com/sites/default/files/2020-04/graph1.png

This is interesting as you are suggesting that this time is different, and bitcoin may not behave the way it has behaved after the halving in all those previous years.
Well your point is right in the sense that there is no hard and fast rule that bitcoin should enter into a bull season after the halving and make an all time high. Bitcoin has been doing this in previous halving and it may or may not do it this time.

However, when we see the economic indicators plus the financial market conditions and how the fiat currency is devalued, the world banking sector is collapsing and the dollar printing machine will again be on, I think we might see the biggest bull season that has ever been before.

I am really expecting a lot from the Bitcoin block halving event on Bitcoin.
One of my indicator for every bull run is the Bitcoin block halving on Bitcoin, Bitcoin block halving event already shown multiple times that on every before Bitcoin block halving we can see a huge price action upwards on the Bitcoin market.

Bitcoin HALVING according to predictions and analysis is just around the corner
yes ,, you could say more or less one year left.

but the question is whether btc will rise high or not in 2024,
and the answer is definitely between not going up or going up.

but in my opinion and if I look at the economy, it will be difficult for BTC to go up because usually people also when the economy is down
will be more concerned
food and drink for the day.

but of course we have to think positively, and hopefully the economy
in this world progressing,
because in my opinion, if the economy progresses, the btc price will also go up high.

now there are many investors who have bought a lot of btc, as well as me when the price of bitcoin goes down, i always buy btc with the dca system,
so i think now is a good time to buy btc and prepare for 2024.

but in my opinion the best thing is to hold btc until 10 years or 20 years from now. because according to my predictions in the future the price of btc will continue to rise so it would be better if we hold btc for a very long time.

There are still a year that i will save money to buy more bitcoin. For sure a lot of us now got a lesson in the pas halving that they havent own a bitcoin and haven't ride the ATH of bitcoin. But i do have a question about the miner right now is they are still profitable? Like they can still pay their bills ? I know those bitcoin mining farm can still generate profit after having but those who has thier mining machine in house ? Will they be quitting?

Recently, in a discussion in my locality, some people said that this halving will make the market very bullish and also the last bull market of the market. They argue that the coming government intervention will make the market no longer free. The market will be controlled and regulated just like the stock market and foreign exchange, so there won't be any hype.

With what is happening to the market, the SEC and CFTC are increasing the pressure on the market. I find what they argue somewhat reasonable but this is a free market, decentralized, I wonder if governments have good control.

What I've noticed Regarding Bitcoin's partial reduction of the block reward coming later in 2024, where the reward will be reduced to 3,125 BTC per block is a reminder of what Bitcoin's scarcity as an asset means, The supply of new Bitcoins entering the market is reduced, leading to increased scarcity and mark.

So what to do Keep an eye on the halfway countdown and get ready for a financial future with significant returns in the foreseeable future.



Halving events are expected to impact the Bitcoin price, as it reduces the number of newly mined coins entering the market. While lower mining rewards may mitigate the immediate impact of the halving, it is still expected to have a significant effect on market sentiment and prices.

Traders and investors should remember that Bitcoin's scarcity is a key factor in its value, and halving events play an important role in maintaining that scarcity. Therefore, even though the impact of halving on price could be mitigated by lower mining rewards, it remains a significant event for Bitcoin's long-term value.

Maybe some people still see the decline in this imbalance as a negative thing, this is actually the pressure of limited supply of Bitcoin and it's getting harder to mine it. With only a year left until another fraction of a year, it's important to remember that Bitcoin is a scarce asset, with a total supply of 21 million coins. Yes, the halving is about to happen and take action to invest in Bitcoin now.

Bitcoin will be hard to mine and it will be very rare and can drive up the price even higher  :o if the halving on April 2024 maybe we can see the price all time high on end of 2024 or first quarter of 2025 be prepare guys to taste the sweet of AllTimeHigh  8)

The pattern has always been this so far. Although this is not an assurance of a repeat, if the demand remains high in the face of a lower Bitcoin mining reward, it is logical that the price will be driven up. I am also expecting a new ATH either around the end of 2023 or early 2025.

But this doesn't mean that Bitcoin is harder to mine. It's just the reward cut into half. The difficulty in mining Bitcoin is another thing. In fact, quite the opposite, mining difficulty might even drop after the halving.

If a miner is not profitable anymore, it will sop it's operations as it makes little to no sense to continue mining at a loss.
Mining companies are overally highly professional operators, mining at a large scale. It's an own business / industry and these indistrial miners know what they are doing.  ;)

Decreasing block rewards shouldn't be an issue. It's very likely to see Bitcoin's price rising, as Bitcoin is a truly scarce asset and Block rewards will get replaced by transactions fees over time, anyways, where transaction fees will become the main source of revenue for miners.
Probably, lost Bitcoins will be a factor in the long run as well, making each Bitcoin more valuable.  :)

1 year won't be long to wait until Bitcoin halves, I'm also curious about what will happen in the future around 2050++ year when Bitcoin mining has lower rewards than today. If mining Bitcoin rewards are reduced in the upcoming years I hope that Bitcoin price will follow to increase to make miners keep mining Bitcoin.

Yes there is no guarantee but we already see the past and the pattern so far so good and ofcourse not just you maybe all people in crypto industry want new ATH.

if we look at the pattern usually ATH will come after 5 Month or 1 year after halving.

When the price is up In my opinion the miner will be more and more and difficulty will increase the ASIC manufacturer will made a better hardware and efficient.

Yes, new bull markets are also attracting more miners, as it's more profitable to mine (based on USD / FIAT prices, where electricity, the main component in PoW, how mining expenses are paid).
But long-term such "bull market" miners are not significant and they will be the first ones to be forced to turn off due to their more expensive operation costs.

In my opinion, ASIC manufacturers developing new devices during bear / bull markets shouldn't be a big difference as most of it is depending on new chips but I'm not an mining expert on that subject.
Even during bear markets, hashrate isn't dropping much, as can be seen here:

https://i.imgur.com/RuYBfTX.png
https://www.coinwarz.com/mining/bitcoin/difficulty-chart

I've just realized what was said on the OP that the reward after this coming halving is really low. Keep your bitcoins everyone, it's going to be terrific and scarce after that and then how much more after the 2028 halving but then let's focus on what's coming.
Time has flown so quickly that after 2020, we're going ahead to the next one and it even made look easy and fast because of the world situation now, the pandemic. Not bad to secure profits as everyone should really be, maybe this is the moment of my life when I can purchase some miners from my gains soon.  :P

The speed of the days and months actually, we won't notice that bitcoin halving is only a few months away. So communities here in the crypto space are getting aggressive in hoarding bitcoin before the halving comes.

      Obviosuly there are also many who expect that the value of bitcoin will really increase at a price that everyone here certainly does not expect that it will reach the value that is unbelievable. Because that's what always happens when its halving hits the market. Then if you look at the pattern you won't see any decrease in its value over time.

When I first joined this forum last 2017, I remember the price of 1 BTC = ~$4,000 on the market. Every time a halving occurs, the price skyrockets and I was not able to capitalize on that opportunity to maximize my investments.

Given that the next halving is a year away, I do highly recommend to everyone to HODL their BTCs in order to take advantage of this situation. In addition, this will serve as a personal reminder for me to save my BTCs in order to prepare for my next big purchase. I just really hope that everything ends well for everyone at this time.

Everyone could've had this experience. Most of the people would've missed one of the opportunity to sell and book good profit when the price of bitcoin went above $20k for the first time. Every halving is important and till date no halving have disappointed the holders. Based on the past historical growth of bitcoin we can expect similar level of growth to take place with the upcoming halving.

the adoption as well seems to be growing, hence, the increase in demand will be seen also in this market. if you feel such positive will happen a year from now, you can start accumulating some satoshis while the price is like a bargain. even if we are in the 30k level today, if it will increase to even 40k, you are already in the positive profits.

Miners will still be able to get rewards via the mining fee paid for each transaction if the block they mine is not empty. So if the Bitcoin network keeps getting more and more popular, there will lots of Bitcoins earned from the transactions included in the blocks. That coupled with an increase in the Bitcoin price should be a good incentive for the miners.

You did not really had too much time to prepare yourself which led you to not being able to take advantage of the bull run at the time.

But now things should be completely different and your results should be much better this time around, still I wonder if the positive performance we have seen during this year can be maintained, as it seems to me as if it is too soon for such a high price to be seen, and if that is the case then a dip could follow which could allow us to load as much bitcoin as we can during that period, as we make our final preparations for the upcoming halving.

Yes, hence why we called it as an investment. We could pretty much make more from it if we try and hold it for more than a decade, and while the market is still friendly to us as it is selling at a cheaper price, we might as well take advantage of it and buy as much as we can from the leading altcoins and especially bitcoin because we don't know what the future will bring to us. As of now, the market is still bearish but as per speculations, we will likely experience the bull after the halving.

There are great expectations of halving this period. Many say they can go as high as $500k. It may be too big and impossible but I believe the current halving period they can be better than the previous ATH. My expectation of being able to double or triple the ATH is already very large. But legally the supply and demand of bitcoin is designed to continue to grow.
Although I am actually worried because of the bad macroeconomic period. The threat of recession and slowing economic development. Of course this makes investors choose basic needs rather than bitcoin. But looking at my chart is still quite optimistic bitcoin will continue to grow.

Dont expect much from halving. Miracle wont happen, Bitcoin price wont change significantly. It might even wont change at all, or we could only have a hype few days before it, followed by a pump and dump, like it was before previous halving. We can also get a huge price drop during that year, and next year we get a "huge" price growth, for example from $20k to $25k, and people would celebrate "halving-halving-halving". While on time graph we will get a negative overall growth. Better hold and stick to selling price you have set as a final goal.

Halving is becoming more famous, a Bitcoin tradition that is unique to the blockchain and attracts demands across cryptocurrencies every 4 years. But I will rather compare Bitcoin with other cryptocurrencies rather than fiat and gold you compared it with because they are not the same thing. They are not structured the same way, so I don't expect them to halve, what are they halving?

We should concentrate on how we maximize our profits through this tradition as the world now get more aware of the possibility of halving which will strongly upshoot the demand for the coin.

Well, Bitcoin's price in the past has proven wrong your assumption, that according to your assumption "Bitcoin's price won't change at all" due to halving. It's not a bold statement to say that all previous halvings have affected Bitcoin's price very positively and I don't see a reason why we won't see a similar move in next year's halving.
Yes, halvings are getting less significant every time when we are only looking at the reduction in mined coins vs. traded volume of coins and also total supply. But halvings are still very famous, making it more a psychological event. Because a halving is only happening approximately every 4 years, which is very, very rare. 4 years is a very long time. And halvings are causing massively FOMO, positive news, a reminder to HODL and much more which will boost Bitcoin's price.  ;)

I expect we'll see more front running of the halving this year as more and more people know about it and understand that bitcoin four year market cycle. It took until early 2017 to get to around the ATH, and it didn't break through until April 2017, then it only took until Dec 2020 to get to the ATH and break through it in the next market cycle. Also the halving cycle seems to be a month or two shy of four years, so between that and smart money starting to front run the halving more and more with each cycle, I wouldn't be surprised if Bitcoin is like $55k by the time the halving hits and is passing $70k (and the ATH) in summer of 2024. We could potentially see $100k by end of 2024, and then the question is does the bull market continue all of 2025 or does it only last part of 2025. If Bitcoin can already be around $100k or close to it by end of 2024 it would seem unlikely that it'll the price will keep growing for another 11-12 months after that. Maybe we'll see a mid-2025 end to the bull market.

I did not mean that before and after halving Bitcoin price will stay the same. But at the time previous halving happened, I did not notice any significant change, neither saw I a hysteria of happiness that their holdings values now became so huge that it can be counted as "we a rich now".

What a lot of people awaits from halving? Mining becomes more complicated = Bitcoin price makes x2. Previous halving was on May 11 2020. Few days before and after halving Bitcoin price gained only several hundreds.

I hope people dont count as following: before previous halving ATH was $20k, after halving new ATH was $69k. Halving increases Bitcoin price +3 times. That is wrong imo.

Yes, it's exciting for me. In fact, the halving event is what keeps me resolute whenever I see price dipping. I only have to remember that there's a silver lining around the corner and that the darkness occasioned by the bear is just momentarily. In my six years on knowing Bitcoin I've observed it go through worse moments (I can't say worst yet). That didn't kill it. It rose from all that like a phoenix. The halving events have been largely responsible for that as scarcity adds value to things. It's the same with Bitcoin.

I pity those that will be thinking that one year is a very long time, we have already seen one quarter of this year and before we know it, the year will be over and the halving will be at the doorstep. If you have not been keeping bitcoins since in wait for this to happen, you should start immediately to ensure that you join in the benefits that the halving will bring. For any member of this forum that will not be a beneficiary to the halving, you will regret it a lot when other members who will benefit will come forward to share their good story.

It's realistic streams of established miners abandon Bitcoin when halving strikes. One block returning 3.125 BTC isn't supremely attractive to miners unless they're mining farms churning away at industrial rate hash rates.

It depends on the goal you want to achieve. I'm not looking at a bear or bull market, but make sure the moment you're doing is right. Currently there is a futures trading feature that makes it easier for you to invest when bull or bear. So make sure the moment you take is right with the predicted forecast that will happen. Every moment is an opportunity, take advantage of it with the features that are in trading today. Investment does not completely have to hold the long term but there are other ways that have been facilitated at this time, so take advantage of it.

They do think that 1 year is too long when we've just been 3 years away from halving and thought that it's a quick time that has just passed through us. While for those that have stayed even on the other halving which has happened on 2016, mostly, many weren't expecting that it was going to set an ATH until the pattern has been shaped into this 4-years cycle. It's on everyone's mouth that the 4-year cycle will happen and been done, those that still ignores the tips about buying some bitcoin while they can before it happens will regret it all once we see bitcoin skyrockets again before and after the halving.

I don't believe on assumptions and predictions, because nobody knows the futuristic of bitcoin, Bitcoin always surprised people and turn their predictions down, which I believe that whatever we predict concerning will be determined by the market not by anyone assumptions,  because theirs every tendency that bitcoin can as well fail not to have a positive turns out in 2024 as people is expecting something positive to manifest in 2024 in cryptosphere.

Will huge expectation with one year left with Bitcoin halving bring positive side for new all time high again? still remember last time halving Bitcoin success break out and make all time high price after raising up to $65,000 and current price Bitcoin today will have chance for returning to all time high price or possibility with new ATH. Have good progress with Bitcoin price because success break out more than 50% after last three months Bitcoin dropped to $15,000 and right now have reach to $30,000.

I have bigger expectation for Bitcoin back to all time high price for altcoin season come back again, have been longer time altcoin can't break to higher price after bitcoin crashing.

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

As the year draws closer to the halving season, I feel much joy because this should be the first halving am about to experience ever since I began to know about bitcoin.

Thanks for bringing it to our notice that there is no much time left toward the halving period. Every plan of accumulation of bitcoin should start now before the halving. Who knows what next year's halving will offer us in price because there is this belief that every halving will do well in price than its previous halving.

No one knows what will happen to bitcoin in the future, but history has shown us that we will always have a new ATH after the halving, so keep expecting it to happen again.

Investing in altcoins is also quite interesting, as their returns are much better. But in my opinion, the most suitable time to invest in altcoins is when the bull season comes, which means investing in altcoins only when the halving happens, and bitcoin really enters the bull season. Also, I don't see a good time to invest in altcoins, even now, the altcoin market is still very unstable even though bitcoin has recovered more than 50% of its value.

What is the point in keeping them until 2024 when the bull run usually starts one year after halving? We will have to keep them until 2025 at least. Although for someone who buys Bitcoin now, with money that will not be needed in the short or medium term, as it should be, I would say you better wait a cycle and a half, about 6 years. I would expect the price to be approaching half a million by then, and if not, several hundred thousand dollars, which is a considerable increase from current levels.

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Obviously the best time is during the bear market last year, but if there is a argument that they might be late, I will tell that they are all wrong because base on my experience, even in the bull run, lets say in 2024, you can start from there and buy and then time the market to sell before the burst in 2025. So for sure, everyone is very excited for this event as it will be the catalyst for bull run and new all time high.

I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

Yes, well, DCA is done by many people, myself included. You can make purchases every week or month, of an amount you can afford, but what I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

5 years are good to enjoy at least one cycle of Bitcoin. If you are clever enough to start at a year before one halving and hold it 5 years, you will enjoy two Bitcoin cycles with two halvings. That will help you to get massive profit from two halvings.

I agree that taking profit one year after a halving year is good if we base on Bitcoin historical cycle.

Agreed, the halving is a desirable event for bitcoin lovers, but the bull run will only take place after 1 year, the bull run will not appear immediately. Many people expect bitcoin to increase in price every day, but I really want to know how many bitcoins they have accumulated because if we don't have bitcoins in our pocket, it makes no sense for bitcoins to rise or hit ATH. Bitcoin price increase is only a matter of time, it will definitely happen, so the more important thing we need to care about is how many bitcoins we have when the bull season comes.

This seems to me so commonplace, that some investors may have concerns regarding the predictability of Bitcoin halving events and their potential impact on the price. While traditionally seen as a catalyst to push prices to new all-time highs, there are a variety of factors at play that can impact the market outcome.

Well, for anyone Don't just rely on past patterns or expectations but a proper risk management and investment strategy should be practiced in navigating the unpredictable volatile nature of the cryptocurrency market.

Bitcoin halving is indeed getting closer and indeed fear is always there in any business as well as investing in BTC. and also we will not know the price of btc at the time of the btc halving.

and I agree with you that in this case we must have a good strategy to manage our assets so that we do not experience losses.

It's just your concern, and there is no proof that it will ever happen. For me, I still believe that history will repeat itself, and in the event that history does not repeat itself, I do believe that bitcoin will rise in price somehow in the future. This is a financial market and if bitcoin doesn't go up, the game is over. So market makers won't let that happen because this is where they make money so easily, they will find ways to maintain it.

Most miners are well aware of halvings and are planning these in their operations. At least professional miners, which are the majority. For example buying less new hardware when mining is expected to be less profitable. But there are many parameters for miners to look at, like Bitcoin price, too. A big block reward is pretty meaningless when Bitcoin is at 10k USD instead of 30k USD.
So, we won't see Bitcoin's hashrate dropping directly after the halving as one could expect.
Maybe I can post a picture here, when it's happening. Plenty mining stats site are available.

Relying solely on past patterns that may repeat themselves is not recommended. There will be many factors that can affect the market and it will not be the same as the past. It may be a bit off the mark, but a bull market when the halving will happen could happen but the extent of the bullishness will be unpredictable. Crypto volatility will be very influential. Doing some risk management and strategy would be advisable. Must have a plan A and plan B when the strategy does not match the initial plan.

Most likely, your assumption is correct. With each new halving, the price growth of bitcoin as a percentage will decrease. That is, within a year after the next halving, already in 2025, the price of bitcoin will approach one hundred thousand dollars. In addition, it should be taken into account that when high price values are reached, the demand for it in peak periods will no longer be the same as in previous cycles. Also, its price will depend on the events taking place in the world, and on the level of regulation of the cryptocurrency market by states.

Yes, the next halving moment will most likely lead to a decrease in the percentage growth, external factors such as increased adoption and institutional investment could also push the price up even further and I think it makes sense that the price of bitcoin will continue to increase in the future as it is becoming more rare but important too to consider various perspectives especially when investing in Bitcoin.

Wow, that is serious about Bitcoin halving spreadsheet analysis, shows that for every Bitcoin halving it keeps on decreasing per block for miner's and I seen Bitcoin price will be scarce in the market, which demands will be greater than supply demand in the cryptocurrency market.

I am not a miner but overall, the financial economy is co-related and works dependently, and grows equally in parallel time. So if, the salaries are increasing that's because if you are buying an apple for let's say $5 for 1KG that will be $10 for 1kg in the near future. The same goes with BTC, as when the reward is reduced to 3.125 (almost half) the price will be doubled and i think miners will be able to make the same reward or maybe more, just my thoughts, as the transactions fee will be increased too, so they will earn from validation too.

As prices will definitely go up due to high demand and low supply, this will increase the BTC prices and miners will be able to make the same reward or maybe more there is definitely a possibility of less profit if the price didn't increase. Plus the image you have used is really amazing I would love to see a resource of it.

That simply indicates that it's still early and that there will be plenty of chances for us to amass Bitcoin during the coming years. When the halving comes close, the market price will soar once more, which means it might be advantageous for many investors. I mean, it could certainly increase market buzz. In addition, there will be a significant impact on mining rewards once more, which may cause many miners to lose money at that time and lower the network hash rate, which would increase transaction times and lessen network security.

Twice as difficult to mine definitely throws a pick axe into the work required just to mine half of what they used to! Once the halving occurs the price should definitely go up simply by lower supply and higher demand!! History usually repeats itself, every halving its gone up. If bitcoin doesn't go up when this thing halves i'm going to be utterly shocked.

A useful reminder when investing in BTC is to exercise caution and good judgment. While history may suggest that halvings can lead to bull runs and new ATHs, it's important to remember that past performance is not a guarantee of future results. One more thing is taking on debt or risking your basic needs to invest in BTC is not advisable. Instead, learn how to DCA your investment to reduce risk and volatility. In summary, while it's understandable to be excited about the potential for BTC, it's important to approach investing with caution, patience, and a long-term perspective.

trust in bitcoin is very high and cannot be avoided, but what you say can also be true that even though bitcoin's past experience will increase when it enters the halving period and a year later it will reach a renewable ATH, but caution is still being exercised. therefore, when bitcoin is going down, immediately buy for investment, hold off until the halving occurs, so that if it misses, you won't be too disappointed because you have indeed bought it at a low price.
but it must also be remembered that bitcoin has been repeating itself all this time, so many believe that the halving period will increase the price of bitcoin.

Though I started my bitcoin journey in the late 2021. But from my research the last halving was in the month of May 11, 2020 and halving takes four (4) year interval to occur. We really don't know what will happen in the next halving. And presently the mining fee is very high to the extend that to make a transaction is not interested to someone again. Like yesterday I was making a transaction of 0.01 BTC and the Mining Fee was 0.000222 and the Fee Rate was 906.2 Sat/B then the Target was (ETA) Within 25 Block. So because of the high mining fee rate I have to suspend the transaction till the following date and the fee bit came down so I made the transfer successful.

If the next halving year will bring down the mining fee and then bring up the price of bitcoin to All Time High (ATH). Almost every is waiting to see the ATH price of Bitcoin. Though even the bear market is favouring some new investors. Most people are always comparing the bull market of 2021 to any other coming one and that is wrong because what is coming will definitely bigger than that.

Bitcoin has its block reward halving every 210,000 blocks.

Block reward halving countdown (https://bitcoinblockhalf.com/)
From the past halving event dates and blocks at which it happened, a next block reward halving will occur at the block #840,000. In estimation, it will be about 359+ days since today.

Are you sure that you have to pay 906.2 sat/byte in the last 24 hours or 48 hours to have a confirmation within 25 blocks?

https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),2d,weight

Within last 48 hours, you won't have to pay more than 200+ sat/vbyte to have a confirmation within a next one to three blocks. From which wallet you made that 906.2 sat/byte transaction?

Is it from an exchange account?

Yes btc last halving was in the year of 2021 when btc mining rewards down from 12.5 to 6.25. This was the third halving. before halving reward was 50 Satoshi and after first halving in 2012 reward drop to 25 and then then in 2016 rewards drop to 25.


Bitcoin price is unpredictable but most of the analyzer check 4 year cycle and previous  bitcoin price reaction during last event to predict price. I don't that Btc can only be predicted by previous action because there are some more factor also have an impact on btc price like economic status, adoption of crypto, positive and negative news about btc and we should look for all before predicting price.

Not a big deal again that bitcoin halving happens every four years, where the amount of new Bitcoins created by the Bitcoin network is reduced by half. This controls the supply of new Bitcoins to prevent inflation and makes it more valuable over time. Back to history; The first halving was in 2012 when 50 Bitcoins were reduced to 25, and the second was in 2016 when 25 Bitcoins became 12.5. The most recent was in 2020, where 12.5 Bitcoins became 6.25. So., Investors, traders, and miners should keep an eye on Bitcoin halving as it has been followed by a significant increase in Bitcoin's price in the past.

so we only have 1 year left for DCA and after that our patience will pay off, because I believe 2024 will be a good year for cryptocurrency, because the price of Bitcoin and some Altcoin will definitely increase very high and create a new ATH price, therefore I want to take advantage of the current opportunity to do DCA Bitcoin and hold until the next bullrun comes, so that I will definitely get a big profit from doing DCA Bitcoin at this time.

If we evaluate the cycles globally, then the result will be the same, after the bear market comes the bull market. To what extent it will repeat is really very difficult to say, or how much the cycles will increase or decrease is also very difficult to say, but this should worry traders, but for investors everything remains the same, we are gaining positions in the bear market and waiting for the onset of the bull market.

Whether the rise in the price of bitcoin depends on halving or not, this is not so important, I see a trend that after each halving, bitcoin becomes more expensive, even if this does not happen immediately, this suits me quite well.

History tells us that when bitcoin goes on a bull run, it has a trickle effect to the altcoins as well. Although there could be altcoins that can grow, even bigger returns but it's going to be too risky, so the best bet is bitcoin for the majority of us (or at least those maximalist).

As for the hash-rate and difficulty, it's been adjusting as well so I don't see a issue when we reach the halving 1 year from now. And for the miners, of course, they are businessman, so they will have to time the market as well when to offload their stash to make money.

https://i.imgur.com/wk1xWiO.png
https://mempool.space/

It's crazy to think how time flies, I can't believe next year the rewards will be so small, at least looking from a bitcoin amount, of course if we think is US$ it's a lot of money anyway, especially because the value after the halving will keep growing. And yet there are so many people who think they're late to the bitcoin party, they really have no idea of the mistake they're making...

Time flies so fast when we're busy working lol.
Next year is gonna be a challenge not only for those who wants to enter Bitcoin with everything they have hoping to get good returns, but it is a huge challenge for the miners who's going to earn 50% block rewards than what they are earning today. Some might quit, some will strengthen because they knew what Bitcoin is capable of.
I pity those who thinks they're late for the Bitcoin party and struggles to decide whether or not to purchase Btc. They will get nothing but more regrets in the future.

I disagree, I think Bitcoin halving is a big deal since it reduces it block reward by half.  This lower the supply and often time it is the catalyst to a bull run that leads to new records of all-time highs.  It is also one of the features of Bitcoin that caters or attract more investors because of the system's anti-inflation and its tendency to deflate due to some users losing their access to their wallets.  If it is not a big deal then why would investors, traders and miner to keep on ey to the Bitcoin halving?


Yeah, time really flies so fast especially when we are busy with things in our hands. The year when I first got into Bitcoin was just like yesterday.  And now experiencing the halving for the third time is just less than 1 year away.

We don't have to regret what we have missed in the past, but something wrong must be corrected to prepare for a better future. There is no point regretting what is behind, but the valuable lesson is that we may have to be absolutely sure not to miss this important moment especially for long term investment purposes.

I hope the bitcoin price is comparable to the bitcoin reward after the halving. The lower the reward, then I hope miners will still stick around to do it if bitcoin is 2x to 3x more expensive than it is right now.

Let's have an update here.  :)
Halving is only 100 days away (87 days and a few hours, to be more accurate):


https://www.talkimg.com/images/2024/01/21/kuxaH.png
https://buybitcoinworldwide.com/halving/

Overally, Bitcoin is looking extremely bullish after ETF approval.
Transaction fees are already considerably lower compared to few weeks ago.
Halving will be next, where Block rewards will be lowered from 6.25 to 3.125 BTC per mined Block.

I don't see much reasons currently to be bearish on Bitcoin.  :)

To me the ETF approval is a good thing even though it did not produce the price rise I expected. Overall the market is looking great, as can be seen from the reluctance of the market to go below $41k in a retracement that have tarried for about two weeks now. It shows the upward potential is still stronger than ever.

Instead of being bearish, I think its wiser to use the retracement as opportunity to buy more. I have strong believe that the halving will lead to a massive rise in price. I understand some people might become skeptical about bull run as the ETF could not activate it completely. The big pockets might just be playing with our emotions and decide to use the halving instead.