Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: fathafraink on July 08, 2023, 10:49:23 AM



Title: Will bitcoin experience a more price increase during the halving?
Post by: fathafraink on July 08, 2023, 10:49:23 AM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Upgrade00 on July 08, 2023, 11:00:32 AM
So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
Bitcoin can have demand grow against supply which increases at a fixed rate but we will not have scarcity in Bitcoin where there is not enough to meet up with the demand. Institutional investors will not be able to take away majorrt of Bitcoin from circulation.

and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?
Bitcoin can grow in value when as the supply thins out and the demand grows cause the trader sentiment is positive and the general intention is to buy more.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Oshosondy on July 08, 2023, 11:05:45 AM
SEC sued Binance and Coinbase, but not that the exchanges collapsed. If those two exchanges can collapse at once, bitcoin price will reach $20000 or below very soon. Bitcoin is not affected because it is an opportunity for people to buy more and for those that have not bought before to buy.

If institutions buy bitcoin, the demand increased and bitcoin price will increase. But institutions can decide to sell bitcoin too. Institutions are different from one another.

The more people buy bitcoin, the more it would become scarece and the price will increase.

As there is halving, lesser bitcoin will be supplied to the circulation, this will help because if the suppling rate is reducing, the higher the price can be. With increase in demand, it becomes scarce and the more the price.

People will likely buy more after halving and this will increase bitcoin price.

We are waiting for spot ETF for bitcoin which will also help. Likely spot ETF for bitcoin would have been approved closer to the time of halving and this willl help in the price to increase too.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: CODE200 on July 08, 2023, 11:08:05 AM
To answer your question in the title, I am sure that the price will increase when the halving happens and will continue to go up for a few more months after the fact, I say this with confidence because there's already a proof that most peaks in the price of bitcoin coincide with the halving and there's the market history to further prove my answer/opinion.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: elevates on July 08, 2023, 11:11:52 AM
It is not easy to speculate on the price of Bitcoin. It depends on factors such as market demand, investor sentiment, regulatory development, etc. The reason why you are seeing positive sentiments at the moment is because of ETFs submitted by known financial institutions to SEC. If the ETF gets approved then you can expect institutional investors and retailers investing in Bitcoin. If you look back into halving history, you will see that Bitcoin has always created a new ATH after it. I am expecting Bitcoin to pump before and after halving.  



Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: tabas on July 08, 2023, 11:36:03 AM
The explanation you've made is right. It's simple as that, the more Bitcoin being held by individuals together with the institutions. That means that there's lesser in the circulation and that makes bitcoin more scarce. I do remember IIRC last bull run, there's even the limitation on how much everyone can buy Bitcoin off exchanges. And that's possible to happen again when the demand has increased, the law of supply and demand has always been applied on this market.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Sim_card on July 08, 2023, 11:42:43 AM
Adoption of Bitcoin is increasing by individual and institutions,this is a positive sign for Bitcoin price to pump because we time goes,the demand of bitcoin will be higher than the supply because everyone is holding to their bitcoin. The halving will have a significant effect on the price of Bitcoin because the number of bitcoin that miners will mine after the halving will reduce twice of the current number. This will lead to increase in price because it will be limited in number. Also some people will buy when the price is high due to FOMO. As long as there are will be no FUD on bitcoin,and ETF gets approved,the price of will pump and if


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Taskford on July 08, 2023, 11:56:47 AM
You cannot say it is since there might be some changes especially when government officials bothered up some certain move up and they want to interfere any activities happening on big platforms since this could increase the fear of people and might they stop accumulating when this incident happen. But if there's no issue will occur then expect that great things will come since we already see it for the past halving events.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: tranthidung on July 08, 2023, 12:00:58 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
Not all companies will maintain their leading positions forever. Nokia, Koddak, Sony are good examples and you can forget about such fear, without Binance, Coinbase there will be other exchanges in future.

Before Binance, biggest exchanges are Poloniex and Bittrex but Bittrex just filed for bankruptcy months ago.

Quote
And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
There are already institutional investors in Bitcoin market. You can explore who they are in Bitcoin Treasuries (https://bitcointreasuries.net/)

In halving years, we will likely have big news to heat the market and lift it up. First and some Bitcoin Spot ETFs in 2024, what do you think?


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: darkv0rt3x on July 08, 2023, 12:01:34 PM
... his will help because if the supply is reducing, the higher the price can be. With increase in demand, it becomes scarce and the more the price.

I know what you mean, but supply is not reducing. I mean, there is more supply every 10 mins, right? So, technically, supply is increasing. The rate at it increases is the one that is shrinking, reducing, halving. I know this is a detail, but still worth of mentioning.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: mendace on July 08, 2023, 12:13:11 PM
SEC sued Binance and Coinbase, but not that the exchanges collapsed. If those two exchanges can collapse at once, bitcoin price will reach $20000 or below very soon. Bitcoin is not affected because it is an opportunity for people to buy more and for those that have not bought before to buy.

If institutions buy bitcoin, the demand increased and bitcoin price will increase. But institutions can decide to sell bitcoin too. Institutions are different from one another.

The more people buy bitcoin, the more it would become scarece and the price will increase.

As there is halving, lesser bitcoin will be supplied to the circulation, this will help because if the suppling rate is reducing, the higher the price can be. With increase in demand, it becomes scarce and the more the price.

People will likely buy more after halving and this will increase bitcoin price.

We are waiting for spot ETF for bitcoin which will also help. Likely spot ETF for bitcoin would have been approved closer to the time of halving and this willl help in the price to increase too.

I think with ETFs many people will get hurt, because many will buy the shares and Bitcoin will skyrocket then someone with bags full of money will go to Black Rock and ask for a lot of Bitcoin to open short positions, of course BR will give them because they won't be his.  At that point btc goes to historic lows for the short and fear will enter, therefore people who will sell again at a downward price.  At that point some come back to BR to return btc and close the short but ask if they can keep btc by paying a modest amount, BR accepts and however asks to eliminate the possibility of making loans in BTC with the trust assets.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Ever-young on July 08, 2023, 12:14:22 PM
The SUE by the SEC to the two big crypto exchange caused a panic in the market for quite awhile. But people letter realized that their is little to be worried about, the SEC don't own Bitcoin neither is it controlled by any of those exchanges executives. So people realize that their is more to Bitcoin than being attacked by the Feds, so most people use the opportunity of the price dump and fill in their bag's.

Base on the previous price movement, Bitcoin price seems to always be moving up after the halving some times months after the halving why some times years after the halving, but before the halving their is always a small price movement which looks seems to be as a result of increase in demand.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Oshosondy on July 08, 2023, 12:14:37 PM
I know what you mean, but supply is not reducing. I mean, there is more supply every 10 mins, right? So, technically, supply is increasing. The rate at it increases is the one that is shrinking, reducing, halving. I know this is a detail, but still worth of mentioning.
I appreciate the correction and I have changed it. I did not mean the total supply, but the mining supply. So I changed it to the rate of supply.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: 20kevin20 on July 08, 2023, 12:20:35 PM
Halvings aren’t quite as fun as they seem. It happens with no immediate market reaction. The market reaction is typically around an year after the halving.

I don’t expect much because otherwise I’d be disappointed and discouraged. I expect BTC to have a price increase but it’s gonna probably get smaller and smaller bumps eveey halving because.. well, you can’t expect it to go to the sky every time. Last ATH was only 300% up from the previous. It may be more, less or the same next bump although I honestly expect it to be less than 300%.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: cryptomaniac_xxx on July 08, 2023, 12:23:21 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

But you know that when Blackrock refiled their application, they said that they are naming Coinbase as ‘Surveillance-Sharing’ Partner?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

Well it depends on how you look at it, if you are talking about the Bitcoin ETF approval then maybe it will have a positive effect on the market price and if it will coincide with the bull run then we might the price pushing to minimum $100k in 2024-2025. So we will see how it goes, we need something to really push the market in the next bull run and maybe this kind of institutional money will be the one to do it.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Aanuoluwatofunmi on July 08, 2023, 01:02:03 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?

Why should they? When they can easily comply to their regulation as part of their protocols duly observed, SEC and centralized institutions will always have this kind of collision but what will determine their outcome is when they comply to their terms and demands, Binance had suffered such recently and now everything seems to go low unlike before when the threat rises from the government in US.

institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

Well i believe those institutions are looking for more opportunities to come in through this steps you see them taking, they have already invested in bitcoin and sees further the need to satisfy their clients and investors with the securities by applying for spot bitcoin ETF and the likes just to maximize their own offer as personal interest for their organizations to move forward and not to the influence of bitcoin or it network at all.




Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Jawhead999 on July 08, 2023, 01:13:50 PM
Don't beg for senior members' (including myself) explanation, they also don't know about it since they're not working as the regulators, so they wouldn't know if the institutions will buy Bitcoin or not.

From the last halvings, the institutions weren't join to invest in Bitcoin and yet Bitcoin was still pump. So according from past history, Bitcoin should pump in the next halving. There are no economy problem in developed countries too, so I believe we will see $100K.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: jeraldskie11 on July 08, 2023, 01:24:12 PM
We must keep in mind that institutions exist to make money. They are professional traders with extensive knowledge of market analysis, both fundamentally and technically. If we look back in time to when Bitcoin was halved, we can see that the price increased rapidly shortly after. And I'm sure institutions were anxiously waiting for it to happen in 2024 so they could buy in bulk before prices skyrocketed. When so many institutions and whales buy at the same time, the price will undoubtedly rise.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: darkv0rt3x on July 08, 2023, 01:37:28 PM
To answer your question in the title, I am sure that the price will increase when the halving happens and will continue to go up for a few more months after the fact, I say this with confidence because there's already a proof that most peaks in the price of bitcoin coincide with the halving and there's the market history to further prove my answer/opinion.


I have my questions about if an halving event is enough to make the price to change in a noticeable manner. I mean, there are so many other factors that, seems to me, to have way more power to make the price fluctuate that I'm not that sure the halving alone will be that much of a game changer in terms of price!


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: buwaytress on July 08, 2023, 01:49:46 PM
I'll say it again here. Institutions weren't sitting around on their hands waiting for CME/CBoE or whatever "tool" that would have supposedly led to an institutional tsunami.

Remember 2017? That was supposed to be a retail-led rally but I always thought it was institutional, behind the scenes. Old money wasn't going to wait around for derivatives. They were already doing OTC buys that year.

So this institutional pipe dream of price explosion... has already happened.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: mindrust on July 08, 2023, 01:54:17 PM
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?

That's what happened in the past and probably will happen again in the future. If it doesn't, the newcomers will get rekt by the low prices. Lots of people had their bitcoins when its price was above $40k and even $50k. Unless bitcoin does another big bull run and goes near $100k, these people won't be happy with their investments.

Personally I don't care about the price of bitcoin at all. What really matters is the network and it works pretty good. The NFT stuff ruined a little bit but despite that, btc is still the #1 crypto out there.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Minhxx on July 08, 2023, 02:26:19 PM
As far as I know the organizations that apply for the sec involved in bitcoin are the sec institutions that can manage. The price of bitcoin does not change significantly when there are FUDs involved in the exchange, which is good news. I believe that in the future with the uncreated rarity of bitcoin the value will increase rapidly.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: hugeblack on July 08, 2023, 02:43:06 PM
The SEC is afraid of Binance and Coinbase, or vice versa. These entities are regulatory and seek to implement legislative rules in the United States. Non-compliance by Binance and Coinbase will lead them to legal problems and financial penalties, not the other way around.
We can argue about their impact on the price, but since they are not decisions that lead to the closure of both platforms, therefore, it did not appear to have a negative impact on the price.

I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

After 616 days of registering here and you still describe yourself as a beginner, this is a big problem, even in university studies you cannot say that you are a beginner.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: bayudndy on July 08, 2023, 02:44:18 PM
I understand the news issue to legitimize the price line for bigger news, we can all feel over time in the future we will accept more and more bitcoin or crypto. Regarding the controversy between the SEC and the big names in the crypto market, I also thought about why at that time, and I thought about the issue mentioned about price manipulation, but the manipulation. The price manipulation in this market can be said shady and sometimes it's hard for people to be too concerned because bitcoin will move forward anyway, I've heard a lot about future bull cycles, and the The btc halving event will really create a big move in the market.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: fuguebtc on July 08, 2023, 03:58:48 PM


Personally I don't care about the price of bitcoin at all. What really matters is the network and it works pretty good. The NFT stuff ruined a little bit but despite that, btc is still the #1 crypto out there.

Why don't you care about Bitcoin price? So what made you join and hold bitcoin until now? You are the first person I met who doesn't care about bitcoin price because 99% of people invest in bitcoin for profit. Although there are still some people who see bitcoin as a currency, they still have to care about the price of bitcoin because a drop in the price of bitcoin will also cause them to spend more bitcoins than usual. And you can also easily see that 100% of the bitcoin discussions here are also related to the price.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: kaseygriffin on July 08, 2023, 04:17:43 PM
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?
I agree with the point that they have their own arguments, the tension from the SEC's perspective on coinbase and binance is not a serious issue compared to the journey this market will take in the future, sometimes I feel like we're doing our own thing through the story and it's almost as if we all understand what's causing the price to move, and then what, isn't bitcoin going to continue to rise in value over time? the times, the difficult current environment, the stories of repression in different sectors, or the consensus in favor of the market that I've seen have resulted in volatility, but in general, the fact that individuals invest profitably in each market, this issue is still not too important to pay attention to when we have a clear goal with it.


And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
...
There are things that I still see when appearing in every bull or bull cycle, we always find enough reasons to promote or inhibit the development of the market, I completely believe that the event the halving will bring a new bull cycle to the whole market, it's not the first time I've seen people mention it lately but there's clearly a trend in the news heading much to it.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: michellee on July 08, 2023, 04:22:46 PM
Many of us believe that the price of Bitcoin will increase higher than the last ATH and it was already a few years ago when ATH was coming. Maybe institutions have been getting into Bitcoin since a few years ago and we are not aware of it so they can buy a lot of Bitcoin at very low prices. If so, at the last ATH yesterday, they already made a huge profit, so now they are just waiting for the price to get a reversal to a higher price.

Institutions don't seem to be afraid of what's happening in the market because they can use the opportunity to buy more Bitcoin, especially if the price could fall deeper than the current price. Those institutions are still waiting patiently to buy Bitcoin again because their target is long term.

That's just my speculation because I also don't know what institutions have bought or have a lot of Bitcoin. But what is clear is if the Bitcoin price can explode before or after the halving, we can get big profits like those obtained by these institutions. So don't miss buying Bitcoin while the price hasn't increased very high.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: SOKO-DEKE on July 08, 2023, 05:37:17 PM

I believe that the rate of adoption has a significant impact on Bitcoin's price. Since there is a limited amount of Bitcoin, I think the price will rise as more people use and invest in it. Therefore, the price of Bitcoin will rise in direct proportion to the level of demand. But based on the history of Bitcoin, every time Bitcoin experience halving, the price of the Bitcoin always significantly changed.The price of Bitcoin should therefore experience more increase during halving as expected.



Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Sanitough on July 08, 2023, 05:42:47 PM
The explanation you've made is right. It's simple as that, the more Bitcoin being held by individuals together with the institutions. That means that there's lesser in the circulation and that makes bitcoin more scarce. I do remember IIRC last bull run, there's even the limitation on how much everyone can buy Bitcoin off exchanges. And that's possible to happen again when the demand has increased, the law of supply and demand has always been applied on this market.
Exactly. Most likely, when bitcoin halving comes near, people prepare to buy more bitcoin and accumulate a lot of it to fill in their portfolio, and that includes having the institutions around that ultimately support and adopted bitcoin. Hence, bitcoin investment will be very prominent leaving them more scarce which means increases the price of every bitcoin. With that, as demand becomes higher, the supply becomes limited, which makes bitcoin more costly and expensive to buy.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: panganib999 on July 08, 2023, 05:57:09 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.
Bitcoin's total circulating supply and block rewards are getting cut in half and you're asking if the value of bitcoin will increase in value when it happens? Like literally you should go get an economics book or something cause unless bitcoin drops to zero before the halving, there's no reason for it to remain in a 30k valuation in 2024. Like literally even without the people buying into it or a bull run just the fact that the total supply of bitcoin's gonna be less is more than enough to drive the price of a bitcoin higher.

Don't worry bout any institution bullshit, they are way over in their head themselves and bitcoin's not about to confide itself with any particular institution, at least it doesn't need to.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: tjtonmoy on July 08, 2023, 06:04:54 PM
Binance and Coinbase were sued by the SEC regarding some ATL coins. It was never about Bitcoin. Bitcoin does not fall into the category of security that the SEC has sued for. They have confirmed on their own that Bitcoin was never part of the concern. So it may have a bad effect on the market because 2 of the most reputable CEX were sued. But people understood that they can trust Bitcoin more than all the other shit coins. For this reason, people turned to Bitcoin rather than putting their effort into those shitcoins. That's why the market is moving up rather than going down.
There's a reason for that too. The whole crypto market moves based on sentiments. If Bitcoin's price pumps, others will follow as well. And upcoming halving is playing its role here too. History tells us that, every Bitcoin halving will push the market price. History repeats itself. So before that, we may see more pumps. So that could be the reason.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: The Cryptovator on July 08, 2023, 07:10:33 PM
Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Faisal2202 on July 08, 2023, 08:29:04 PM
I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.
You do not have to beg for knowledge here because that's what this forum made for. And if you still have go beg then the purpose of this forum will vanished. You just have to ask it and wait for the answers.

My answers are, When the US authorities sued Binance and Coinbase, the time was around 1-5 June of 2023 and when the institutions like Block Rock and others applied for ETFs then the time was around 14-15 June 2023. As you know the first institute was Block Rock and after it, other organizations started to applied.

Purpose of mentioning the dates is, US wanted to eliminate the competition from US region that's why they eradicate the existence of Most famous exchanges from their territory and after the next week they started to promote and adopt crypto as well which has led many organizations to adopt it too. Just like Block Rock did. Even the US has announced their own Exchange which is yet to come.

And for your second query about pump and scarcity, you are totally right and that's why the price of BTC had increased due to high demand and less supply. As when the adoption of Crypto is being supported in US then the demand increased and due to the scarcity factor of BTC, the price of it also increased.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Yatsan on July 08, 2023, 08:42:14 PM
Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.
Belief originated simply because of what happened before but in fact, there's no assurance of things. We cannot be certain that the price would increase once halving occurs. One instance is with ETH Fork. Well, two are different things but these two are comparable for having large network. But thing here is that, things may still go the other way around, as expected. This is simply because of nature of market price volatility. But since there is a dominant belief that its price would increase, then the tendency for such thing to happen would be higher. But for sure it won't be a date near halving; either late or early.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: OgNasty on July 08, 2023, 08:47:10 PM
Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.
Belief originated simply because of what happened before but in fact, there's no assurance of things. We cannot be certain that the price would increase once halving occurs. One instance is with ETH Fork. Well, two are different things but these two are comparable for having large network. But thing here is that, things may still go the other way around, as expected. This is simply because of nature of market price volatility. But since there is a dominant belief that its price would increase, then the tendency for such thing to happen would be higher. But for sure it won't be a date near halving; either late or early.

As they say, history may not repeat, but it sure does rhyme.  As I've stated several times before...  I think we're going to see the exact same thing that we've seen in multiple previous cycles now.  Traders will run up the price to the halving in anticipation of the event, then we will see a "buy the rumor, sell the news" situation where traders take profits sending the price downward immediately after the halving.  Then once a new bottom is found the market rallies like hell for 18 months with a blow off top.  Sure, things like FTX fraud could alter that course a little, but the destination from here will look the same.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Smartvirus on July 08, 2023, 09:02:42 PM
So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
Bitcoin can have demand grow against supply which increases at a fixed rate but we will not have scarcity in Bitcoin where there is not enough to meet up with the demand. Institutional investors will not be able to take away majorrt of Bitcoin from circulation.
I don’t really follow through when you say demand growing against supply happens in a fixed rate. Can you add more details to it?

My ideas leaves me with the impression that these could only happen differently and at an unprecedented rate since, there isn’t a fixed time for any of the activities to happen in the market and you don’t have same turn out of investors or traders on the market at a particular period.

This makes me a bit hesitant or perhaps I don’t understand when you say, the “demand grows against supply at a fixed rate”.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: suzanne5223 on July 08, 2023, 09:05:48 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
I believe the institution is the other way around when they ought to be afraid because the US SEC lawsuit about Coinbase, Kraken, and Binance was a political game played to cause FUD in the market so that some institutions can come in. Mind you, they have access to the first information ahead of us and I believe they are already aware of the BlackRock and Fidelity investment group's move toward Bitcoin ETF.

institutions even apply for licenses to their respective regulators, and instead open a digital asset service?
I think that's exactly what they wanted to do but in other, for them to maximize their chances they want to cause panic in the market, the IMF have advised them and the government not to ban crypto cause it's impossible that they should regulate the market instead.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
With or without the institution, the pump will happen based on the structure Satoshi used to create Bitcoin. It is just that the market traffic will be high if institutional investors enter the market.

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?
Bitcoin halving is to reduce the miner's reward and it technically makes BTC to be scared in the market. The institutional investors won't be the reason for the scare of BTC. Their existence in the market will create increase in demand of BTC.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Distinctin on July 08, 2023, 09:30:22 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.
Yes. History proves it and it keeps repeating every after 4 years. That’s why when bitcoin halving is fast approaching, experienced investors will make it sure to prepare everything before halving, that is acquiring maximum amount of bitcoin at its cheapest price, knowing when halving comes, the market will eventually become bullish as expected. So if it happened from the last halving, so might as well the same scenario will take place with this upcoming bitcoin halving. Also, big institutions have been investing and promoting bitcoin so far, so that when halving finally takes place, everything will paid off, hence reaping their massive profits will always be possible. Once bitcoin supply will start to be scarce, the price will gradually increase until it eventually reaches at its peak.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: serjent05 on July 08, 2023, 10:16:00 PM
So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

Bitcoin maximum coins are still the same regardless of how many institutions jump in the industry but the ever increasing of Bitcoin demand will out perform the incoming supply of Bitcoin creating a more scarce image of the coin. 

It is obvious that if the scarce image of Bitcoin is created by the sudden inflow of demand, the price will definitely increase.

The lost Bitcoin and the idle ones won't help the price surge if the demand keep on losing since we all know the one that will push the price of Bitcoin is not because of its mining supply  getting less but because of the demand and money being injected to the market.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: hatshepsut93 on July 08, 2023, 11:48:33 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

Why should they be afraid? Bitcoin is not illegal. All companies get sued all the time, it's not a problem for them. Worst case scenario they'll have to pay a fine.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

There's no reason to have a huge pump because someone applied for an ETF. Even if they will be successful, it wouldn't be a good reason to see a huge price increase.

And historically, institutional pump is more of a hype and media narrative, rather than a real driving force. If you look at the previous bull market, only Microstrategy and Tesla made significant investments, and a few companies merely stated that they plan to adopt Bitcoin, but it was enough to create hype that institutions are adopting Bitcoin, even though it was just a few companies, and Tesla later dumped it.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: ImThour on July 09, 2023, 12:15:39 AM
Bitcoin Halving has always given huge profits to the Bitcoin community, it's a great 4 year cycle. Here is a table which shows how it affected the price after a Bitcoin halving:
You can clearly see the impact Bitcoin Halving has on the price. It reduces the supply by 50% and that increases the hype and demand which the Crypto industry needs.

So, 2024 Halving will bring down the New BTC per Block to 3.125.
https://s3.cointelegraph.com/storage/uploads/view/289b673e8fa066e827d6771bc60d44c4.png


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Stella Mese on July 09, 2023, 01:59:33 AM
speculating on the price of btc is a tricky thing.
In my opinion, the increase in the price of BTC depends on market demand. If the market demand is high, when someone wants to buy BTC, the price of BTC will be high when that person buys it.

but I think at the time of HALVING btc for sure
the price of btc has the potential to increase because currently the price of btc can still survive at the current price which is in the range of $ 30k
and in my opinion, many people will also start saving btc for the next BUL RUN.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Nwada001 on July 09, 2023, 02:15:47 PM
but I think at the time of HALVING btc for sure
the price of btc has the potential to increase because currently the price of btc can still survive at the current price which is in the range of $ 30k

How does the price of Bitcoin right now show that it has the potential to increase in the near future? If you are making your assumption based on the halving that is around the corner, then I can agree with you that we might likely see a little bull run in the coming weeks and months, but the price won't be a big difference compared to where it is right now. Maybe a range of $31k–$35k could possibly be achieved, adding to the recent positive news we have been having from different institutional investors.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: GreatArkansas on July 09, 2023, 03:04:29 PM
And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
(....)
I'm more positive about the event of Bitcoin having a block halving next year because, for the past years and past Bitcoin block halving, it became an indicator over time for every Bitcoin bull market.
Every before Bitcoin block halving happens, we can see the price of Bitcoin is starting to climb. Which for me, I agree that next year is the market will favor to Bitcoin.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Ale88 on July 09, 2023, 03:13:46 PM
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?
The logic behind markets is that is there is a request for something, bitcoin in this case, and it keeps becoming scarcer and scarcer, the price will go up. If something is scarse but there is no request for it then it's totally useless, there is no market hence its value is zero. With the halving is very likable that the price will keep going up.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: kryptqnick on July 09, 2023, 04:27:35 PM
I think Bitcoin ETF applications happen pretty regularly, but as they always end in a rejection, they aren't covered by the news a lot. The SEC suing big crypto companies can motivate some companies to try obtaining a licence from them, as they probably want to make sure they're not going to be sued.
Turning to halving, opinions vary whether it actually makes a difference, but people often cherry-pick the evidence, sometimes choosing to focus on what's before the halving or something well after the halving, and linking the price changes to it. That being said, halving will happen next spring, and I do believe in a bull run starting at some point in 2024; I just don't think it's because of halving.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: MFahad on July 09, 2023, 06:53:11 PM
Yes bitcoin will gain enhancement in price during halving but that enhancement will be temporary because people will prefer to sell bitcoin and get benefit instead of holding it more so eventually this will results in price decrease. People are waiting for havling that as halving occurs so they will reap the benefit but who knows that on which date it will occurs?

It will takes times to recover back once the price reduces because of volatile nature but these all are just opinions and estimation but happening in future is not known yet. Now the price will increases and it will persist higher until halving as these days the demand is higher for bitcoin and demand has greater impact on Bitcoin's price.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: nurilham on July 09, 2023, 09:05:52 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?
It is not the first time Binance or Coinbase got a problem with SEC. We aren't surprised that SEC sued some top exchanges, they may have own purposes to do that. True, the institution should stay away from crypto business, on the contrary they try to have own digital services lately. We don't know what's happening with them, they may see something that can take a big advantage for them.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
The pump already happened, but it won't suddenly give a significant impact on BTC price. However, it should motivate more the investors to hold more their bitcoins. By the way, it is not the first time to see this kind of news, EL Salvador already did it first, they even makes Bitcoin to be a legal tender. So, it is not really surprising about the institution to join crypto business.

Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
Even if the institution don't join crypto, Bitcoin is always getting scarcer. There will be more people to lose their Bitcoin with varied reasons, that makes Bitcoin becomes scarcer. Sure, this makes Bitcoin to more expensive in the future.



Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: flyingcarpet on July 09, 2023, 10:31:45 PM
I think Bitcoin ETF applications happen pretty regularly, but as they always end in a rejection, they aren't covered by the news a lot. The SEC suing big crypto companies can motivate some companies to try obtaining a licence from them, as they probably want to make sure they're not going to be sued.
Turning to halving, opinions vary whether it actually makes a difference, but people often cherry-pick the evidence, sometimes choosing to focus on what's before the halving or something well after the halving, and linking the price changes to it. That being said, halving will happen next spring, and I do believe in a bull run starting at some point in 2024; I just don't think it's because of halving.

The SEC cannot sue every company or institution. Therefore, it may resort to different methods. This causes different air blowing in the market constantly.

I think next year could be a bull run. The halving will have an impact on this bull, but as you say, the entire impact will not belong to the halving. There is a plan that people generally anticipate and invest in. Thanks to these plans, bitcoin will rise. I don't have a guess as to how much it will increase, but it will happen in 2024 or 2025 at prices many expect.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Asuspawer09 on July 09, 2023, 10:52:42 PM
When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

I mean most of these cases did happen before and most people think that it's serious and it's different from that time, so Bitcoin might be in a bad situation at that time but most of the time it doesnt seem to change anything. Bitcoin halving is going to happen soon, but is it going to impact the market, probably yes Since it is a huge event on Bitcoin most of the time Bitcoin halving is a big hype if we're going back to the past Bitcoin halving we can see the market price skyrocket on the Halving getting from a 1000$ then gets double to 2500$ last 201, after that we already see the price skyrocket to 56k$ one year after the bitcoin halving on 2021. We notice that there was some delay on the pump after but we can notice that after one year of the Bitcoin halving the halving seems to get hype and skyrocketed, So if we're going to project that to the next Bitcoin halving in 2025 we could maybe expect the next bull run if we're going to rely on the halving timeline.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: serjent05 on July 09, 2023, 10:54:47 PM
And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
(....)
I'm more positive about the event of Bitcoin having a block halving next year because, for the past years and past Bitcoin block halving, it became an indicator over time for every Bitcoin bull market.
Every before Bitcoin block halving happens, we can see the price of Bitcoin is starting to climb. Which for me, I agree that next year is the market will favor to Bitcoin.

I also think that the next Bitcoin block halving will trigger another bull run that can record another ATH.  Since the 4-year cycle pattern of Bitcoin always happen, it is also believed that this block halving will be able to repeat its history and the market will experience a price increase after the halving.

I think Bitcoin ETF applications happen pretty regularly, but as they always end in a rejection, they aren't covered by the news a lot. The SEC suing big crypto companies can motivate some companies to try obtaining a licence from them, as they probably want to make sure they're not going to be sued.
Turning to halving, opinions vary whether it actually makes a difference, but people often cherry-pick the evidence, sometimes choosing to focus on what's before the halving or something well after the halving, and linking the price changes to it. That being said, halving will happen next spring, and I do believe in a bull run starting at some point in 2024; I just don't think it's because of halving.

The SEC cannot sue every company or institution. Therefore, it may resort to different methods. This causes different air blowing in the market constantly.

SEC has the power to do so, it is much easier for them to sue the company and institution that believes in BTC than make a move that will discredit Bitcoin.



Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: qwertyup23 on July 09, 2023, 11:19:41 PM
Given on the price history of BTC every halving, there is a fat chance that its price would increase on the market. This is also the reason on why majority of the people consider the halving as a blessing since investments would reap, thereby benefiting everyone who has BTC at their disposal.

By basing it purely on history, BTC halving made the price of BTC higher on the market. However, it is important to understand what the halving actually means. According to this website (https://www.investopedia.com/bitcoin-halving-4843769)1, bitcoin halving means:

After the network mines 210,000 blocks—roughly every four years—the block reward given to Bitcoin miners for processing transactions is cut in half. This event is called halving because it cuts the rate at which new bitcoins are released into circulation in half.

This means that the rewards that miners would receive would be cut into half due to the limited amount of supply of BTC that are yet to be mined. With this, it is naturally normal for the price of BTC to increase given the said event.


1 https://www.investopedia.com/bitcoin-halving-4843769


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Magic-Money on July 10, 2023, 09:57:30 AM
Bitcoin halving is the session of Bitcoin to skyrocket in price, like wise other alt-coins in cryptocurrency market, base on the history during the Bitcoin having the price normally pump and money also flow into cryptocurrency market which add advantage to many other alt-coins by adding liquidity towards with a very high trading volume.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: CryptocurencyKing on July 10, 2023, 10:14:06 AM
SEC sued Binance and Coinbase, but not that the exchanges collapsed. If those two exchanges can collapse at once, bitcoin price will reach $20000 or below very soon. Bitcoin is not affected because it is an opportunity for people to buy more and for those that have not bought before to buy.
Apparently that what we get to observe due to panic and this would be much propagated due to the fud that would follow afterwards as people would begin to ask themselves, who's next?
If the giants could have been taken down,  what would be the case for the not so popular or patronised exchanges?

Its a good thing we didn't get to find out as the case didn't turn out to be something way too serious.

Come halving, records has always have it that, the bulls come in to take price to the next ATH, you won't be wrong in expecting history to repeat itself.


Title: Re: Will bitcoin experience a more price increase during the halving?
Post by: Nrcewker on July 10, 2023, 10:20:16 AM
Yes Bitcoin’s price definitely increases when there is scarcity of bitcoins. You need to understand that bitcoin follows the policy of supply and demand. So as we know that bitcoins or limited in number, that is no more Bitcoins can be created more. Hence, if there is scarcity or more demand to acquire the bitcoins then the price will automatically go up. So yes, sometimes then Bitcoins experience more price increase during the halving.