Bitcoin Forum

Congratulations Everyone!  ;D

Date: 4/20
Block Height: 840000
Rewards: 3.125 BTC per Block

Happy halving Bitcoiners. Don't forget to HODL

Always good to see it happen again!  How time flies.

It has happened again just as before, but the reward is halve of the previous one, just as expected, bitcoin halving which has been longed tailed about has finally happened, we should be getting ready or a shift any moment from now in either ways for the market to rise or dump, but the bull will always prevail at all circumstances because this is not the season for bear market, we are expecting more of seeing bitcoin close to $100,000 anytime soon.

In June of 2022, I made a post to see which website will be the closest to the actual Halving Date.
Binance's Halving Countdown was the closest with a difference of 10 days.

Happy halving!!! this is an historic moment and we live it ;)

GZ to everyone who HODL!!! Thank you SN and everyone who made this possible, remember guys, this is just the beginning...

https://i.ibb.co/1QKG05t/Video-1713578931-2.gif (https://mempool.space/es/)
 Yeah...!!!

 Happy 4th Bitcoin Halving

Happy halving! Once again, Satoshi's hand reaches out from the past and chops another bit off of the subsidy.

IIRC, in last halvings there was lull in the price for some time after the halving before the effect of the reduced supply really started to be felt. I wonder if that'll happen this time.

Happy Bitcoin's 4th halving!

I am happy that I have witnessed 3 Bitcoin halvings so far. Time flies so fast.

Some information for Bitcoin price, last 3 halvings. I plot the bar chart with the fourth halving price too. If people see this chart, zoom out, they will see nothing bearish with Bitcoin over many years.

One more thing to say, halving is a beginning, not the end.

Can someone tell me WTF is going on with TX fees since the having block, 840,000

Typical blocks are .4 - 2BTC

Blocks since 840,000 have been
37BTC
4 BTC
7 BTC
16 BTC
24 BTC
30 BTC
23 BTC
17 BTC
12 BTC
9 BTC
17 BTC
19 BTC
17 BTC
23 BTC
21 BTC

Transactions seem higher too.  So at this point the mining reward has gone up, by 3-5 fold.

(Sorry just saw the mempool thread)

Woohoo!


I guess everyone simultaneously got the notification that the halving is on and they all remembered to buy their bitcoins before the price goes up? Or it could just be really large exchanges doing that more likely. As they have the funds to buy more in less transactions.

Really happy to get merit on Halving day from non other than theymos. I am happy to be part of this community. 2020 was my first BTC Halving, let's see how this one goes.
And as tranthidung said, it's not the end, it's the beginning.

Congratulations to everyone!

The current block reward has decreased to 3.25 Bitcoins.I guess I am biased but I think the price growth is going to be somewhat higher than last cycle, due to institutional demand, block reward and long term holders.

It's a funny date too that halving happened at 4/20, I guess that this is a sign that bitcoin's going to blaze and get so high that we would be flabbergasted at the pump that's going to happen, it's a nice touch and hopefully we see more people get into bitcoin with this monumental event for bitcoin. It's never too late for them if they ever do because bitcoin will only go up, it's never going to be a bad investment despite the argument that it's volatile, there's no way for bitcoin besides going up.

Happy 4th Bitcoin Halving.
Bitcoin Halving is one of the most awaited moments by investors because it is considered capable of improving market conditions because Bitcoin is still the main driver in the crypto asset market. As with general economic principles, Halving Bitcoin will increase demand and will also continue to increase the price of Bitcoin.
Preparations need to be made one way or another now before paying higher prices for Bitcoin in the near future. Even though basically the market will continue to rise or fall, in the end, no matter how difficult the circumstances, Bitcoin will continue to spread its wings to fly even higher.

Happy 4th Bitcoin halving everyone and mostly to those that have experienced it for the first time. It's another milestone that surely going to be seen soon but as we celebrate and welcome this 4th halving, here comes some unwelcoming fees update.

https://i.ibb.co/xjTTKGG/bt2.png (https://ibb.co/85ZZn22)
Source from mempool.space (http://mempool.space)

welcome to the halving where mining rewards drop by 3.12BTC and the tx fees go from .4BTC to 25BTC

so the miners payout goes down by half?  NO it goes up 4x.

I guess Runes coming online, are making this a thing.  So much for your idea of a liquidity crunch, if miners now have 4x more BTC than before.

The single most important event in the crypto space has occurred. Happy post halving experience to everyone, hodl till the value of your portfolio starts to feel the increase in demand over supply.

This is my second halving as I learnt of bitcoin just after the one that happened in 2016. Two more halvings and we'll go less than 1BTC reward.

What a historical event we are seeing right before our eyes!

We shall see how this will play out in the future and see how this change our lives. I am going to be optimistic and try to take any opportunity I can to make this halving and bull run count. Cheers to everyone and keep focus on your goals!

Happy Bitcoin halving day from me to all of us who are still loyal to Bitcoin. This is a historic day worth celebrating. Indirectly, today is an opportunity for me to still be able to celebrate Bitcoin Halving Day. Long life to all of us, may Bitcoin continue to be around forever even though we are gone.

The pink color looks different on the 4th Bitcoin Halving Day.

https://talkimg.com/images/2024/04/20/j5dUJ.jpeg

Yeah I was watching mem pool website also, and listening in to that live broadcast on twitter. Didn’t go to any big parties or anything. Same with the last halving, it was right during Covid and you couldn’t go anywhere. And the one before I just looked at blockchain explorer and saw the reward reduction and that’s about it.

This halving is also the introduction of Runes which is clogging the network. If you look now you got at least 1000 sat / vbyte in fees. So over $100 for a transaction. A lot of people aren’t going to be happy.

Let's be honest here. Halving events primarily help the market turns bullish for a certain period which is what almost everyone looks forward to which is why it's hilarious seeing so many people lie through their teeth(HODL your stash etc).

What a way to ruin the halving event. The fees are seriously insane at the moment all thanks to this runes crap.

Happy Halving everyone. Just as lackluster as all the others.

Happy 4th Bitcoin Halving everyone.

I am very happy to be associated with another historical event in the history of Bitcoin. Today is truly a day to enjoy and celebrate for those who are connected to this Bitcoin forum and have Bitcoin legalized in their country. 2024 Bitcoin halving is the fourth halving in Bitcoin history but it was my first experience for which I was much more excited than yesterday. Since the Bitcoin halving is already complete, are we very close to a bull run?

So everyone buy and hodl Bitcoin as per their wish.

Yes we are close but we just can't say with certainty how close we are and how much time more we have to Hodl to the bull run, but just to keep holding is all there is to do. Just like the last halving, with this halving now in place it will only take time for the market to completely adjust to  the dynamics of the halving supply effect to trigger the bull run.

I am just like others glad to witness the 4th bitcoin halving as a hodler, historically it's a halving with a precedent of a new a ATH before it.

Yes, with the fourth halving occurring of course the bull run will be closer, indeed no one can predict with certainty when the BTC increase will begin after the BTC halving occurs. However, if you look at the history of previous halvings, such as the first halving, the increase started 48 days after the halving. Second halving, the increase started 250 days after the halving. Third halving, the increase started 150 days after the halving. and now the fourth halving, the bull run will start when we don't know for sure but what is clear is that the halving is the moment to buy as much bitcoin as possible because we are very close to the bull run, it is clear that we will likely enter a bullish trend quickly because it is reinforced by Dominant institutional ETFs.

I am sure, after the halving the BTC price will not touch the lowest price again. Because usually bitcoin after the halving always exceeds the highest price before the halving, and that is a new record. So don't waste this half moment before we miss the moment.

Yeap, my node confirms. We are officially in a new epoch:

BTC-community should be congratulated on a new stage and the beginning of a new milestone in the history of bitcoin. Now the world will definitely not be the same, because most of the bitcoin is in the hands of whales and corporations, and it will be less possible to mine new BTC and will have to be bought at a higher cost.

Date late, dollar bitcoin short. We will wait for the start of the bullrun, because after halving this phenomenon is inevitable in the cryptomarket.

Happy BTC-Halving Day!

It is really a privilege to witness this halving and it is an opportunity to be among hodlers to experience this season's halving. Hodling for sure is the key to wealth creation and am glad to be a hodler, let the game begin!

Historical data of the halving event
https://talkimg.com/images/2024/04/20/j5gMv.jpeg

happy bitcoin's 4th halving everyone!

this is the first time for me to be able to witness a halving moment like this. i am very proud of how the price of bitcoin from the first time i knew about it in 2022 was only 16k usd and today it has increased to 63k usd. this is a very good development and i hope that in the future bitcoin can further develop and create new aths.

This is what we are waiting for more than anything else and I hope that history will repeat itself, another crazy bull season will come. I have seen some people being pessimistic and claiming that the bull season will end soon because of bitcoin's recent corrections. But those who have been involved in the market for a long time will understand that everything is just the beginning, not the end. Those who give up now will definitely regret it because in the next few months the bull season will come. I expect this to be a super cycle as we have ETFs presence.

Finally, congratulations to every bitcoiner for witnessing the 4th halving. It's my third, but it almost feels like it was yesterday when I first came to know about Bitcoin, it doesn't feel like it has been so many years already, Bitcoin has come a long way since then and it has to go a long way still, and hopefully, I can be around to witness a lot more halving events in the future.

Many people are worried thinking that the market might dip more after the halving event, many are optimistic for a quick growth, but based on historical charts and figures, it will be a mixture of both for the next few months. We shouldn't be expecting any deep corrections or dips, but we should also not expect any steep pumps as well, it will take its time, probably, and we need to be patient as investors.

Those who sell early might miss out but what can be said, they might have been waiting for long enough and they can't do it anymore, but I would suggest that we at least give it a few months before we sell even if it goes beyond $73k which is the current all-time high.

Finally it did occured. Congrats to all Bitcoin Ogs and holders this will be another significant milestone for bitcoun ecosystem. I think this is my third bitcoin halving event and as Ive noticed everytime this happened a crazy bull run is the after effect not sure when but time will tell. I am overwhelmed with the last as it correlated with the altcoin explosion last time. If history will do the same again then expect some bullish movement from all major coins and any coins that worth something. Bitcoin halving has this effect on many community. Hope it not goes south eventually.

My second halving :) I almost had 3 but when it first happened when I was in Bitcoin, I had no idea what it was or when it was.

And I guess at the time going to 12 BTC wasn't such a big deal yet.

Now it's everything, happy Bitcoin halving everyone!

Happy 4th bitcoin halving everyone.
Even though I have only gone through 2 halving cycles, the 4th halving will be the beginning for me and consider this point 0.
because in the previous halving I was not very focused and consistent in investing in bitcoin. Good luck in the next halving.

Happy 4th halving! We continue on to 100k then 1 mill!

Finally we witnessed the desired 4th bitcoin halving and congratulations to everyone on this bitcoin halving event. Everyone was excited about the fourth bitcoin halving this year compared to the previous three bitcoin halvings. Before the halving, Bitcoin reached an all-time high that had not been seen before any previous halving event. Since the Bitcoin halving has already been completed I am optimistic that Bitcoin will continue to grow slowly in the near future until it crosses $100k very soon. I'm trying to hold on to mine, so I'd say everyone hold on to their invested bitcoins very carefully, surely it could swell in the coming bull season.

A big historical event, congratulations to Bitcoin for continuing to capture the minds of people worldwide. From my.perspective not too much changers, except it's nice to know that our coins are only becoming harder to be introduced to the supply.

I wasn't expecting anything better than this ... Atleast 20% of the total number of miners we have (from my estimate) would have to quit due to the halving... ^{[how do you keep doing a business that isn't profitable anymore]?}...That being said, I guess all they gotta do is increasing the fees for that reason - also for how congested the mempool currently is.

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I also tend to understand things way differently-- The volatility in Bitcoin is the whole essence of the digital coin for a fact...^{[saying this for clarity to someone's reply I can't really locate right now]}

Edit: This is my first time of experiencing the halving and, it Happens to be the most prolific amongst all odds, Happy Bitcoin halving !!!

This is my first halving but from the information I got from past halving this current one is slightly changing the Bitcoin circle. I assume that we have never had a time where Bitcoin beats its ATH before the halving. There might be no delay before the effect will begin to reflect in the price. So I will not be surprised if the impact of the halving is felt immediately till the end of the bull run. Happy Halving to all Bitcoin believers. If I were the president of my country, today would have been a public holiday  :D.

Happy 4th Bitcoin halving!

This is my first experience of halving and I feel very excited to be a part of the most anticipated event in the crypto space, infact the feeling is like counting down to new year, and suddenly it's time and it happens. I'm now looking forward to what the post halving will be like, how it'll affect Bitcoin price.

Years rolled into months and months into days until it came to seconds and finally happened today, 3am Nigerian time. Wow! This is indeed,  celebratory for this community.

This is my second Bitcoin halving experience. I  slightly missed that of 2016. I believe this experience will be better than that of 2020, owing to the fact that a lot is already happening in the space. Many narratives are springing up around Bitcoin and all that's helping to reposition it. As for those thinking miners are likely going out of business because of the block reward, I don't think it will get to that point. There are now BRC20 tokens utilizing the chain and that will compensate for all that.

Congratulations to all the Bitcoiners in the house! Happy holding! 

This is obviously the second time I am experiencing the Bitcoin halving. I hope this halving brings about a great surge in price in effect to how the block reward has been reduced. Now that the long-speculated halving has taken place, every expectation now is on the next price to hit. Happy holding everyone, and let's remember that security is very paramount to Bitcoin investment. 

Rewards are halved but the price of bitcoin has increased more than 100% a year ago which could make up for it. However, I'm expecting a percentage of miners quitting once the bear market hits -- this happened previously too iirc.

Miners would have to manipulate the mempool by spamming them for instance to increase fees. Though I'm not saying it's impossible, the fee surge is most likely because of the runes hype.

It's happy, happy and happy.

Bitcoin halving, an event that is highly anticipated and eagerly awaited. This time, the halving has been passed quite well. And the various predictions and hopes for Bitcoin prices this time are also quite exciting. because however, the market is currently quite down, so it won't be easy for beginners, especially to get through this well.

but actually, this is a phase. and ii is a fairly decisive phase. I still really believe that BTC prices can soar again after this halving occurs. It's just that the customs are quite different. so just be patient.

This time, the Bitcoin transfer fee turned out to be quite high, really high compared to normal times. This makes it a little worrying and surprising when you check that the transfer fee is quite high. Or is that only at certain times?

I have always known that transaction fees will increase after this halving because many miners will definitely focus more on the transaction fees in addition to the reward they will be earning. This price increase will not necessarily be because of the mempool congestion, but to compensate for the 50% reduction in miner's reward. Mining is still very profitable, the increase in Bitcoin price is a big motivation to still be in the business of mining for some rewards.

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Congratulations to us all for witnessing this season's halving,  there is indeed hope for us all who have been patient. There's more good news coming!

Congratulations too, we are part of this big history and will be part of it in the future as well, I hope everything will be good for bitcoins at that time and the dream of seeing bitcoins enter every store in the world will be fulfilled. Now that the halving is done, the next thing that everyone is waiting for is another historical probability which is the bull run after it. Let's hope that it will happen these upcoming days or months and hope for another ATH as well.

For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.

We run crypto transaction every single day and it's for the good purpose of our existence. Bitcoin transaction fees will proceeding become higher based on the blockchain. Gaining access to straight development and knowing every solid positive news coming, making good use of them will guarantee news to our ears. This is 2024 and we should prepared ourselves for the crucial changes coming our path. Bitcoin halving have come and go and we should get ready to observe important changes in the market.

If you feel surprised and surprised that transaction fees increased so much, then you need to adapt to that because I believe this will not be fixed soon but will increase even more if bitcoin price and demand for it increases. 

Many people believe that due to the hype surrounding RUNE, fees are increasing suddenly. This is true, but it also reflects that over time as bitcoin becomes more popular and more people use bitcoin this will happen. Therefore, we need to accept and adapt to high fees if the developer has not yet found a solution.

Indeed, Bitcoin transaction fees have been a matter of concern for many users, especially during periods of high demand and network congestion. The rise in fees can be attributed to various factors, including increased transaction volume and limited block space available for transactions to be confirmed.

During the halving event in 2024, the block reward for miners will be reduced by half, this could potentially lead to higher transaction fees in the short term.

Not only this halving, but every halving bitcoin transaction fee increases the most. Because this is when bitcoin investors start buying bitcoins and this is one of the ways to hold them. However, this fourth halving has seen the largest mempool and transaction fees increase significantly. While it is normal for such events to occur at this time, the halving occurred during Bitcoin's high price this year.

Is this block the most expensive in terms of value at the time of mining? I don't remember seeing a block with a return of about 40 bitcoins a while ago, and taking the price of bitcoin in the past, this may almost be the most expensive block for the coming months.

what happens now? what will change?

Listening to the Dutch Cryptocast, they anticipated that in about 10 years, the result of the halving won't be enough to make any price changes. I expect the price reaction to be less this time, because the amount reduction is less each halving. But I'm probably not the only one, and the fact that something is anticipated it can influence the result.