Bitcoin Forum

Bitcoin halving is basically Bitcoin halved to allow cryptocurrency mining to produce 50% of its global existing value.
It always happens every four years. This year in 2020, a historic moment occurred on May 12, which helped reduce the mining reward from 12.5 BTC to 6.25 blocks. Interestingly, traders and miners have adapted themselves to the new reality that bitcoin production restrictions may be the world's most valuable global priceless virtual currency. If you look at the trend of halving before, it will cause an astronomical increase in prices, which will translate to huge market fluctuations in other digital currencies including Bitcoin. According to our observations, this year’s halving of bitcoin hoccurred in the global economic collapse brought about by the terrible Covid 19 pandemic. Even so, key experts believe that bitcoin is taking on global security assets and Important value reserve.

Have you checked the old history of the halving in 2016? i may suggest you to check the whole chart that happened in 2016 - 2018 and the pump will not happen instantly. The impact caused by the inflation to the bitcoin will decrease gradually and you can't take the halving will bring instant pump. It needs the time.

Relax mate, you want to conclude too fast, you should be asking about analysis of post halving by the end of 2021, things take time to build and how can you ignore the fact that financial activity is under stress at the moment due to pandemic so people are kind of hesitant to invest or take new positions right now.
As soon as the situation improves you will see market becoming super positive atleast that is what I expect personally.

It can't be felt right away, we are just barely months from the last halving. The effect should be in years to come. Last halving was 2016 and after more than a year, it reaches all time high in 2017, that is the history. So for this year, it might take some time before we can see another huge gain culminating to a new all time high.


We already bounce back, we more than double the last lower low due to the pandemic scare. So it just shows how resilient bitcoin is. The only thing we can do is wait for it to move, might take years though, so patience is the key here.

Base on the old graph we are still in accumulation  time and we can expect the pump to happen by the end of this year or maybe next year. I know that not all investors don't have that patience so if you don't want to wait that long its better to make a short trade every time there is a big movement on the market.

I still say yes, it's too early to cast doubts that Bitcoin will not deliver, the halving happens only a month and we are in a pandemic the situation is new to the industry and the community was caught by surprised, I still believe that another all-time high is coming this year or early next year, we just have to be patient and continue to support this technology, things will be better once the whole world recovers from this pandemic, it still has an impact.

It's still early to expect what the halving shall bring to us. Give time for at least a year so that we can see the big impact of it with the price increase and expected pump to the market. I should say that don't look for the short term gains that this halving will bring but look for the longer term which will give a better benefit not just for everybody but also for the new investors and, people who are still in the phase of learning about bitcoin.

Well in terms of price I would say not really because going by the history of halving it mostly results to a huge increase in price which also translate to other alts to also rise tremendously, but so far the btc post halving have not brought such result, and like the OP already pointed out, this year's halving happen in a time when the world was facing a serious treat in human lives as a result of the pandemic,

The attention shifted from btc halving to fighting for survival and staying alive, money was channel to keeping people alive and helping the needy instead, many people didn't think much about investment, I guess this is the reason btc price in this year's halving was not as expected. But who knows what will happen in future.

A lot of people expecting that the price of Bitcoin will do a parabolic run because of Bitcoin Block Halving.
Well, they really expect Bitcoin is the way on how they will get rich easily.
For me, this block halving of Bitcoin becomes more realistic, no huge pump or dump happened. We are kinda neutral which is for me, it's healthy for Bitcoin.

Bitcoin halving can tentatively bring on a bull run, but there was no expectation from me that 2020 halving will have speedy right on effect on the price of bitcoin, but this year halving has had effect, - the price of bitcoin after this year halving has not gone bad- the halving -together with the lockdown- caused a public curiosity about bitcoin and crypto-coins.  

Honestly I'm not expecting any bullrun after the halving event month ago, past bullrun history doesn't work this way so I expect same thing, if any good market will happen it will be after this year, probably 2021

This is actually not true. Bitcoin halving is not guaranteed to occur every 4 years. It basically depends on the blocks wherein after every 210,000 blocks are mined halving happens. So, If Bitcoin is mined faster halving will occur sooner.

Yes, it is historic and would be known more than any other halving because of the pandemic affecting the global economy and Bitcoin still holding on.
I do not agree with this statement. Historically there has always been a Bill run just before halving and this time it did not happen.

Not really sure about that. Bitcoin halving means a lot but being on bull run is still questionable for me. Come on, the reward are cut by half, supposedly the miners would left this business already but they stay. Means there is soemthing to look forward too however they remain. For me If Im a miner I will quit with value still not enough to support the consumption and expenses of doing mining.

OP, since your topic is about bitcoin why not move your thread on bitcoin discussion, I just noticed that this 2as posted on altcoin discussion.

Judging personally from the history of past halvings, the effect of this year's halving should culminate in 2021 bull run.  This is one of my utmost expectations.  However, I'm having a little fear, if this year's situation (pandemic) will not have a negative effect on the expected bull run.

Crypto market is not affected when the whole world is in economic crisis but in the mean time halving also happened so there is not much green on the prices so it keep moving in the same region for too long.Many people started investing on bitcoin especially from stimuls check which means more people entered into bitcoin which will give good profits in the long run.

Your are absolutely correct, the  past bitcoin halve have proved that the market don't pick the price the year the event happens but the following year ahead. What happened 2016 took positive momentum during the year 2017 and with this year halving Bitcoin price will definitely skyrocket to another all time high again 2021. For investors who can't wait for the journey to come near can adapt the short term sell for profits. Profit can be taken whenever the market pump for good and wait for accumulation period again.

I am not expecting the bull run to happen this year. In fact, it will be too early if it happens. Cryptocurrency generally has done well this year, even amidst the so-called pandemic (coronavirus). A lot of businesses, investments, stock inclusive have all gone down, yet Bitcoin keeps having a good movement and it;'s not dumping hard despite that. Even if the bull run does not happen now and halving having being completed, it is still good. If you have some fund, buy more BTC, I am optimistic that the bull will still come and it is going to be soon.

I followed Andreas on twitter and he made a post explaining why people should not look forward to seen bitcoin price skyrocketed during the halving periods. Although price hike has been one of the outcome of previous halving but I was made to understand the basis for the halving is not about the price but about the framework surrounding the mining reward reduction. It is obvious the little pump we saw during the process was due to some of the news generated by the event which lead to higher demand for the crypto. I do not want to believe it is because of the covid19 that the price hike was not seen because a lot of people that received money from government to ease the disaster caused by the virus used it for buying bitcoin which led to the rise of the Coin

I do agree with you consider about the situation is always getting changed anytime. We can't sure about when  the impact from the halving will come for sure. I can't sure if that will happen in the next year but it should happened for this time until at least 2023

To be honest, it's as expected. The Corona virus might have a negative effect but the real bull run will start further ahead of halving just the what happened in the last halving and the halving before that. We are currently stable at the price of $9,000+ which is almost half of the all-time high. We are expected to gain more heights in in a few months or year as there's currently a new development ongoing that will help with the scaling.

People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.

we will try to see it later this year or early next year. when market conditions improve, investing now is the best choice. but currently waiting for the moment to buy bitcoin is also not very precise. the market is not so stable showing its trends.

of course the market conditions will recover, it's just that no one knows when it will be clear before the market conditions recover, then at least you should be able to buy coins when prices are low so that when prices go up you don't miss a good moment to make a profit withdrawal.

I personally wasn't expecting an astronomical increase in the value of Bitcoin immediately after the halving. I remembered in 2016, there was basically no substantial increase in value after the halving, until the middle 2017. This may not be the case this time, following the various issues we have presently and the fact that a melt down is foreseeable following the lock down created by the covid-19 pandemic.

Im not sure that this halving happened like expected. This world recession story is not the best news for new ATH. But maybe we will see some effects in the end of the year

halving can still provide a lot of profit and price increase when there is already that can trigger investors and traders to focus on buying and supporting bitcoin in any way it will be easy to make the price of bitcoin rise as you expect.

You may know that any market takes time to move from one trend to another. Bitcoin halving does not mean that the market will suddenly start a huge bull run. That dump  market before halving, which terrified traders. But after this dump the market has tried to recover and that has gone to the previous price. Bitcoin is still at a good price. It can also be said that Bitcoin had a good run.

Halving won't have that much of impact into Bitcoin's price like the old time so if you're looking something like that, stop. I do think Bitcoin price and market on hold will increase after this pandemic but won't because of halving.

The situation is different because of the pandemic that the world is facing right now, so maybe the one year law that you are saying would be delayed, but I am also dure that there will be a bull run in the near future and then there will be an altcoin season right after it as happened in the year 2017 where everything where crypto was involved turned out to be gold. If the same of 2017 happens now again then we can also see a flash crash after a big dump so you should have a backup plan to be insured against a bad market situation.

We can't reach this conclusion yet. The halving has been just a month and some days old there's room for astronomical growth. Past halving didn't cause price to pump instantly it takes time to effect the price so we will wait for August or July to see what happens to the price of Bitcoin.

Many people say this will happen after halving, Bitcoin will go skyrocket, etc. After all these predictions and unnecessary talking, nothing happens. I think people like to talk about something that they expect to be in the market. But we should understand that crypto is a kind of market that can be changed by a few individuals if they hold enough money to do that.

in reality it cannot be seen or directly influenced, btc has done half, and the prize has been reduced from 12.5 to 6.25 but it will not affect the exact price increase.
it might take as long as 2 or 3 years then we will see the price go up.
after all parties who used to use btc transactions all the time felt the effect then the price slowly rose.