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Bitcoin => Bitcoin Discussion => Topic started by: Moreno233 on April 20, 2024, 08:40:16 AM



Title: Now that Bitcoin halving have been completed, what next?
Post by: Moreno233 on April 20, 2024, 08:40:16 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Solosanz on April 20, 2024, 09:10:56 AM
  • What path will Bitcoin chose following the halving
Bitcoin didn't choose, the market do.

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  • If this event will lead to more Bitcoin related innovations?
Nope, actually this time halving event lead more exploit to Bitcoin on chain, read Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens (https://www.coindesk.com/markets/2024/04/20/runes-protocol-launches-on-bitcoin-sending-fees-soaring-as-users-rush-to-mint-tokens/).

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  • If this will lead to more people getting involved in Bitcoin
High likely, people always forecast something by taking look the history. Since the last three halving events always make Bitcoin price rise around 2-3x, so they will expect like that and only sell when the price at least hit $100K.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Alone055 on April 20, 2024, 09:30:01 AM
What path will Bitcoin chose following the halving

We will find out shortly, I guess.

If this event will lead to more Bitcoin related innovations?

I'm not sure because other than the fact that the block reward has been cut in half, nothing else changed. The only thing that might trigger more innovations is the increment in the adoption level of Bitcoin because of the halving.


If this will lead to more people getting involved in Bitcoin

Sure, that's the basic reason why halving is considered to be the reason behind a bull run because more people get involved, hence the price increases because of the increasing demand.

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

The halving doesn't magically make the price go up, it hasn't been one day yet, we will see the effects based on how investors react to the halving. The positive side will only be seen if there is money flowing in.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: cryptoWODL on April 20, 2024, 09:50:01 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

Bitcoin halving occurs every four years in Bitcoin history. We may be witnessing the fourth Bitcoin halving this year. Bitcoin halving is already complete due to which many people in the forum are exchanging wishes for the 4th Bitcoin halving among all Bitcoin lovers. Whenever Bitcoin halving is organized the block reward for miners is reduced by 50% i.e. halved.

It is not yet clear to us where the price of Bitcoin will go after the Bitcoin Halving because the Bitcoin Halving has just been completed. Not even a day has passed since bitcoin halving is organized so maybe we should be a little patient and focus on the market.

Already but day by day the popularity of Bitcoin is increasing and most people are willing to invest in Bitcoin or choose Bitcoin. Bitcoin has now become the focus of people's demand as the price of Bitcoin has increased exponentially. I think that as long as cryptocurrencies exist, Bitcoin's popularity will spread much more globally and people will involve themselves in Bitcoin much more.

Everyone is positive about bitcoin halving everyone thinks that we will see an upward trend in the market after bitcoin halving.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: un_rank on April 20, 2024, 09:53:40 AM
What path will Bitcoin chose following the halving
If history is anything to go by there will be no effect on the price for some time. The real impact of the drop in supply injection into the market should be felt early next year to late 2025. I am expecting a price of $125,000+

If this event will lead to more Bitcoin related innovations?
It is just a halving, it does not change anything on the network.

Nope, actually this time halving event lead more exploit to Bitcoin on chain, read Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens (https://www.coindesk.com/markets/2024/04/20/runes-protocol-launches-on-bitcoin-sending-fees-soaring-as-users-rush-to-mint-tokens/).
Halving did not lead to this, the developers just choose block number 840000 as their launch time. It has no relationship with the halving.

- Jay -


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: tbct_mt2 on April 20, 2024, 09:55:25 AM
What path will Bitcoin chose following the halving
Bitcoin does not choose anything. It is coded by Satoshi Nakamoto, and mined by miners. It is traded by investors and traders and price will depend on Supply and Demand Principle.

After a halving, future supply for next 210,000 will have half of previous 210,000 blocks. Halving helps demand on Bitcoin to increase so you can see, less future new supply, bigger demand, what about price?

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If this event will lead to more Bitcoin related innovations?
Innovations or new upgrades on Bitcoin protocol don't depend on Bitcoin halving. Developers work daily to upgrade Bitcoin protocol, from idea to code, test with test net before a deployment on main net. If you see an upgrade after a halving, it does not mean Bitcoin developers only develop it after halving, but they did it months or years before the halving.

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If this will lead to more people getting involved in Bitcoin
Yes, it will. More noise on media, more free advertisement for Bitcoin, more people will get involve in Bitcoin.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: The Sceptical Chymist on April 20, 2024, 09:56:50 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to.

Really?  I suppose I'm a 'bitcoin lover' and I couldn't care less about the halvings because I'm not a miner.  On top of that, there's really no reason to look forward to a halving since there's no guarantee whatsoever the market is going to go in any direction at all because of one.  I seriously don't understand why people think there's always going to be a huge price increase because the block reward gets cut in half.  Sometimes I think folks think the supply of bitcoin decreases (which might indeed cause its value to rise) with a halving, but that isn't the case.

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

Let them keep wondering until they understand what drives markets--and more importantly in this case, what doesn't.

Already but day by day the popularity of Bitcoin is increasing and most people are willing to invest in Bitcoin or choose Bitcoin.

WOW.  I haven't seen a generic sentence like that in a few years.  Didn't realize people were still writing crap like the above.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: peter0425 on April 20, 2024, 10:00:09 AM
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

It seems like halving is kind of what kick starts the bullish season.

We are now definitely going to look at an increase of activity in the market but we shall remember to be patient as it is not all going to happen right away. It might still go down for a bit for one last time and we should take that as an opportunity to get more coins to hold.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: sunsilk on April 20, 2024, 10:21:54 AM
What path will Bitcoin chose following the halving
I think this question is wrong, there's a clear path where Bitcoin is going after the halving. So, it should be us that must choose our path after Bitcoin halving.

If this event will lead to more Bitcoin related innovations?
IMO that also includes more adoptions, so yes.

If this will lead to more people getting involved in Bitcoin
Yes, it's not just about people but also institutions that are known to the world of finances. The big brokers, and fin tech companies, they're already here and they don't want to miss this opportunity.

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.
Don't look at the most recent effect, halving's effect is gonna take a while but it's better in the long term.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: kotajikikox on April 20, 2024, 10:31:35 AM

  • What path will Bitcoin chose following the halving
It depends on how the overall market reacts and goes about the market. Bitcoin only reflects that of people’s perception about its value.
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  • If this event will lead to more Bitcoin related innovations?
Definitely but only because every day many people are trying their best to come up with new interesting ideas to make bitcoin or just the cryptocurrency field a better one than it is now. Most likely also that bitcoin will have more interest attached to it and more people would most likely try to attract new investors with new flashy projects
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  • If this will lead to more people getting involved in Bitcoin
Like I said I am certain that more people will grow interested in bitcoin as its price hikes up more and more it has always been expected that after a halving event it reaches a new ath all together



Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Rabata on April 20, 2024, 11:15:59 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.
After much waiting the halving finally happened on Friday around 8pm and miners will receive 50% of their mining rewards. Before this halving the reward was 6.25 from now they will get mining reward at the rate of 3.125. We know that the total circulating supply of Bitcoin will be 2100000. All these bitcoins will be distributed to the network nodes. Miners will receive half the reward every four years. Miners received 10,500,000 bitcoins in the first halving and 5,250,000 in the second halving. 2,625,000 in the third halving and 1,312,500 coins in the fourth halving in this sequence. In this way the mining reward will continue to decrease.

We cannot naturally say that the Bitcoin price will increase immediately after the halving happens. But if we look at the past halving's we have seen an increase in Bitcoin price after each halving. Like that year, there may be expectations this year too but it does not give any certainty.

Bitcoin price will definitely grow as designed. Even if the miner is temporarily loss, it will recover on the other way. Particularly miners will get higher transaction fees.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: shield132 on April 20, 2024, 12:57:54 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to.

Really?  I suppose I'm a 'bitcoin lover' and I couldn't care less about the halvings because I'm not a miner.  On top of that, there's really no reason to look forward to a halving since there's no guarantee whatsoever the market is going to go in any direction at all because of one.  I seriously don't understand why people think there's always going to be a huge price increase because the block reward gets cut in half.  Sometimes I think folks think the supply of bitcoin decreases (which might indeed cause its value to rise) with a halving, but that isn't the case.
At some point, we can say that halving is not something that miners like because they receive less reward and have to mine without seeing a profit for a while until the price goes up. Btw there is a reason to look forward to a halving. When halving happens, miners mine 50% less coins, this means that in order for mining to be profitable, price has to rise and cover the loss that miners face because of halving or otherwise miners will shut down their miners and won't mine. I know that difficulty will decline and there will still be someone to mine but everyone wants to stay in the business. Also, halving attracts media attention, everyone has a positive attitude and everyone thinks that the price is going to rise. This results in a significant bullish market that lasts for a year.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: gunhell16 on April 20, 2024, 01:48:26 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

A lot of communities expected this bitcoin halving, to be honest. There are others who expect that it is possible that bitcoin is already at 80k-100k. But of course, what happened is not like that; instead, the rally that they expect in bitcoin halving itself happened last month, where from 49k$ something of bitcoin, bitcoin reached the new ATH of around 73k$ something.

And now I think in 2-4 months there will be a deep correction that is around 30%, and from what I saw based on the analysis I did, less than 30% happens in the retracement;
I just don't know what depth it will drop.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: KiaKia on April 20, 2024, 03:15:20 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

OP is this your first Bitcoin halving event? You should just relax and see how this goes then you will end up with atleast a bitcoin halving experience, this will be my third halving experience.

The only way to find out is wait, let's see what unfolds in the next two or three months time, but if I have to use the past data, I expect price increase by the year ending, my advice to everyone that are investing is to keep on using their DCA strategy non-stop, we don't know how deep this correction will be or if it will even happen at all.

Runes and ordinals is why the Bitcoin transaction fee is presently massive right now, I am folding my hands to see where this will lead soon.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: btc_angela on April 20, 2024, 03:18:44 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

Maybe just look at the past historical logs and maybe you can find the answer,

1. We as investors, whales and average joe will lead the path for bitcoin. And as we can see, there are predictions that we will hit 6 digits as our all time high for this halving or bull run.

2. What do you mean? we have LN already and maybe some L2 innovations but I don't think there will be more.

3. We don't have the numbers, but every bull run, we've seen bitcoin enthusiast grows so yeah, maybe it will lead more people getting themselves involved in bitcoin.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Essential10 on April 20, 2024, 03:38:32 PM
Bitcoin halved today, it's hard to say whether the price of Bitcoin will go up or down in the future because we are in the present. We will have to keep an eye on the market for quite some time in which direction Bitcoin is going or will go. Now, Bitcoin is the current focus of people in cryptocurrencies World. I don't know what everyone else is thinking but I think Bitcoin will continue to rise slowly in the future, maybe it will take a long time to reach the target, maybe next year. However, I think Bitcoin will show an upward trend very soon.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Jon pyagbara on April 20, 2024, 03:43:24 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.
Bitcoin will take a completely different path this time from the regular path after this halving, as analysing the three previous halving events, there are differences between them and this one,
In other halving events specifically the halving event of 2020, Bitcoin didn't break it's ATH before the 2020 halving event, but leading to the halving event of this year Bitcoin broke its ATH on several occasions,  and at such I see a change in direction for Bitcoin after this halving event,  maybe it will break this current ATH and subsequently be valued at twice its current price then I don't see it happening immediately, maybe after a year or two .


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: moneystery on April 20, 2024, 03:54:52 PM
i'm quite optimistic that after this halving the bitcoin market will develop in a better direction compared to before. even though there are predictions that say that we will experience a decline in prices before entering a bull market, that will not stop people from being able to access and invest in bitcoin.

and talking about innovation related to bitcoin, i don't know what you mean because bitcoin is quite good now. if there is some issue with it, maybe it will be fixed by bitcoin dev in the updates.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: PX-Z on April 20, 2024, 04:02:13 PM
What's next? i guess to suffer higher and higher transaction fees, well, since bitcoin mining reward is cheap by numbers unlike before. Miners will need source of profit, which is the transaction fees. And yes, they love it when transaction fees soars while the community and average users suffers ::)


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Faisal2202 on April 22, 2024, 06:02:59 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of -cut-
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.
Thanks for asking this question, and IMO we should not call halving will cause the reduction of free BTC entering the Market as nothing is free here, BTC mining is very expensive gear and sources wise. A single/alone miner can't make enough money that can make him rich overnight or even over a month. And I am also a BTC lover and I have been waiting for halving not because I am a miner but because halving cut the supply by half as you aforementioned, and according to historical data, price of BTC always increases after the halving, but no one knows how long the bull season is going to continue as its hard to judge the top maybe we have already touched the top or maybe not.

And I think more BTC-related innovation will take place, as I am already participating in many L2 and staking-type projects related to BTC as for airdrops, dapps integration, inscriptions are the things that we will see, further many projects have different ideas, the final decision is of a developer of BTC, as they will decide the future as nothing is happening against the BTC's whitepaper, but still some are liking the innovations and some are not. The answer to 2nd question is, that some will leave BTC and some will adopt it. With fee cutting half, some miners might leave this passion, as the USA is not implying 30% on electricity usage for BTC miners. I mean that's sucks.
 I seriously don't understand why people think there's always going to be a huge price increase because the block reward gets cut in half.  Sometimes I think folks think the supply of bitcoin decreases (which might indeed cause its value to rise) with a halving, but that isn't the case.
I would love to hear more, if you don't mind, as you are OG and you definitely have different POV here, I hope you won't mind.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: R100K-Martin-Lunger on April 22, 2024, 06:39:01 PM
The price of Bitcoin will hike. Analysts are positive. It's early days but it will happen. I'm in it for the long haul. HODLing till we teach 100k and then the next goal will be 250K. The alts will go up as well, but not before BTC.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Dunamisx on April 22, 2024, 07:18:39 PM
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

Continuation with bullrun, what other thing should we expect than this, when we have successfully achieved having the experience with halving, we should also come to the realization for the increasing use case of bitcoin, i will go for more adoption with the use of bitcoin, things will continue to fall under the same expectations as usual, such that we have bullrun sustained all through this season.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: The Cryptovator on April 22, 2024, 08:24:20 PM
Halving ended, and hype for the halving ended as well. So, as expected, Bitcoin didn't react during halving. Because Bitcoin has already been pumped so hard due to ETF hype. So generally, we can expect healthy growth for Bitcoin now. From past history, we have seen Bitcoin pumped after the halving. So Bitcoin will start getting new investors and will start growing in price as well. Likely more institutional investors, we need to pump the chart from the current zone. 


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Oasisman on April 22, 2024, 08:57:15 PM
Halving ended, and hype for the halving ended as well. So, as expected, Bitcoin didn't react during halving. Because Bitcoin has already been pumped so hard due to ETF hype. So generally, we can expect healthy growth for Bitcoin now. From past history, we have seen Bitcoin pumped after the halving. So Bitcoin will start getting new investors and will start growing in price as well. Likely more institutional investors, we need to pump the chart from the current zone. 

Most probably, Yes!
Since we have already seen the new ATH before the halving took place, I guess it's just normal that bitcoin will lay low for a bit after people were cashing out their profits during the ATH. But, the real bullrun usually happens several months after the halving, just like how bitcoin had an unprecedented run from the last 3 halvings.
So, for those who don't know what to do next after the halving, well I guess it's time to accumulate again as the run may have halt for a while and will be back up running positively again in the next couple of months or so. A lot of people are quite optimistic for the 6 digits this year or early next year, which I kinda support it because it is very likely to happen.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: oktana on April 22, 2024, 09:03:40 PM
We need to be realistic, Bitcoin going up in value isn’t magic. It’s not something that just happens, there are factors that matters. And I looked at how quickly it created the new ATH and knew it can’t go far from there in such a short time from the halving. There’ll definitely be more adoption but it will be gradual. What’s good is that eventually it’ll surely be even more popular, and what’s bad is that people are trooping in to invest in Bitcoin with little to no consideration of it as a currency.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Z-tight on April 22, 2024, 09:06:52 PM
i will go for more adoption with the use of bitcoin, things will continue to fall under the same expectations as usual
I would want nothing more than greater adoption for BTC, but it may not happen at this time because of the spike in tx fees, ordinals and runes are major problems to BTC adoption and also to BTC's use as a currency. People who want to use BTC would probably look at the fees to send tx's on-chain and they may have a change of heart for the meantime.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: livingfree on April 22, 2024, 10:55:34 PM
The price of Bitcoin will hike. Analysts are positive. It's early days but it will happen. I'm in it for the long haul.
We should be in the long term for this one. We may not see the quick impact but I guess that we're starting to see now. Bitcoin's price is trying to cross back to $67k as of looking at it.

HODLing till we teach 100k and then the next goal will be 250K. The alts will go up as well, but not before BTC.
This is going to go until your next price target. But as for this bull run, this is going to be limited and $100k is what we're all waiting for and then all of those high price targets could be hit on the next bull run. But ranging from $100k-$150k is what many are closing the calls.

At the same time, I'm worried of what if it won't be happening again just as what we've expected on 2021?


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: fikrett on April 23, 2024, 01:28:21 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

The halving is indeed a fascinating event and its long-term effects are always a topic of much speculation and excitement. As you rightly pointed out, the reduction in mining rewards tends to tighten supply, which could potentially lead to an increase in Bitcoin's price if demand remains steady or grows.

What's next for Bitcoin can be as unpredictable as any financial market, but historically, halvings have been followed by significant bullish trends, though they don't always happen immediately. It might take some time for the market to fully digest and react to the new supply dynamics.

As for innovation, these events often push the community to explore new efficiencies and technologies to maintain profitability, which could lead to further advancements in blockchain and cryptocurrency technologies.

While the initial market reaction might not always meet the community's bullish expectations, the halving often sets the stage for interesting developments. Here’s to watching this space, it’s always an exciting ride with Bitcoin  ;D


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Abiky on April 23, 2024, 05:16:20 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

What's next? Nothing. The hype will start to decline slowly, until the market becomes "bearish" again. I'm certain BTC will reach an ever higher market price after the fifth halving. It's likely BTC will continue to improve until it becomes scalable enough to handle the masses. We've already seen innovation such as Taproot and Ordinals take the crypto world by storm. All of this happened before the 4th halving took place a few days ago. Imagine what other innovations will take place when the 5th halving comes. We should expect MAST, Lamport signatures, etc to become a reality soon. Also, it's expected mainstream adoption for the Lightning Network to increase in the following years (although the network is still buggy). Especially with Coinbase making a partnership with a LN-based startup.

With BTC being promoted as the "best performing asset on Earth", you can expect more people to join the revolution. We're still early considering that there are a few more halvings left before all BTC are mined (which will happen by 2100). The question is: Will you keep buying and "hodling" BTC? Or will you sell it to greedy companies and institutions? :)


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Alone055 on April 23, 2024, 05:33:30 PM
We've already seen innovation such as Taproot and Ordinals take the crypto world by storm. All of this happened before the 4th halving took place a few days ago.

Most of us aren't very big fans of the ordinals as the market is still suffering from extremely high fees due to them and we aren't able to make normal transactions in Bitcoin because of this. I'm pretty sure that the majority of Bitcoin users are affected by this.

With BTC being promoted as the "best performing asset on Earth", you can expect more people to join the revolution.

We do, and whether this bull run will be a significant one or not depends on that, the more people join the revolution, the higher the possibility for Bitcoin hitting a very high all-time high in this bull run, otherwise, we will just see the ordinary.

We're still early considering that there are a few more halvings left before all BTC are mined (which will happen by 2100).

The last block that will mine new bitcoins is estimated to take place around 2140 after which the blocks won't mine any new bitcoins and miners will only get transaction fees as a reward for mining a new block.

The question is: Will you keep buying and "hodling" BTC? Or will you sell it to greedy companies and institutions? :)

I'll keep buying and holding until I get a reasonable price to sell my assets to the greedy companies and institutions wanting them.  :)


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: ancafe on April 23, 2024, 05:40:43 PM
  • What path will Bitcoin chose following the halving
It is certain that we will see a correction or increase in prices after the halving takes place and that is a real reaction from the market even though it occurs through the halving process in that period.

  • If this event will lead to more Bitcoin related innovations?
In terms of what innovation you mean, is it related to the creation of a new exchange because the function of bitcoin is only for investment assets and legal means of payment in countries where it is implemented. But innovation regarding legal means of payment is not possible in all existing countries.

  • If this will lead to more people getting involved in Bitcoin
Of course positive value will always appear after bitcoin provides something real so that person start to pay attention to bitcoin's journey. person involvement in bitcoin is because there is something more valuable than the previous investment system, so person are starting to realize the advantages that bitcoin itself has.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Abiky on May 01, 2024, 02:43:41 AM
The last block that will mine new bitcoins is estimated to take place around 2140 after which the blocks won't mine any new bitcoins and miners will only get transaction fees as a reward for mining a new block.

Precisely. By the time that happens, transaction fees would be high enough to sustain miners' operations. My guess is that people will be using off-chain scaling solutions to spend Bitcoin on a daily basis without "breaking the bank". It will work more as a store of value, just like Gold. We can't predict what will happen by the last halving, anyways.

Neither you or I will be alive by 2140. But our descendants will. If history repeats itself, BTC should go up after each halving. Market prices will go down once the FOMO ends. Just stick to buying low and selling high and you'll be rich in no time. :D


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: hd49728 on May 01, 2024, 02:49:26 AM
Neither you or I will be alive by 2140. But our descendants will. If history repeats itself, BTC should go up after each halving. Market prices will go down once the FOMO ends. Just stick to buying low and selling high and you'll be rich in no time. :D
I have similar thinking too, price of Bitcoin will go up after each halving but I would like to add one more note on this.

With future halvings, with higher price of Bitcoin, Bitcoin market cap will be bigger than now, bigger and bigger so it's logic that with future halvings and market cycles, price will have smaller ROIs than past halvings and market cycles.

I don't feel any disappointment with smaller ROIs in future cycles because it's logical to see smaller growth with bigger market cap.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: jcojci on May 01, 2024, 06:53:08 AM
If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.

Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Cryptoprincess101 on May 01, 2024, 07:42:41 AM
If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
Not everyone is waiting for a new ATH, perhaps a new ATH was already created before the halving so even if another ATH should be expected it will not happen anytime soon and there are still investors that are also waiting for a dip in order to acquire more Bitcoins so the expectation of everyone differs and not just waiting for a new ATH to happen besides there are still long term hodlers that are not interested in Bitcoin creating a new ATH again but they just want to continue hodling or better still expecting a dip for them to increase their portfolio the more.

Sure miners gets some advantage when the price skyrockets because at that point a lot of transactions happen from those that wants to withdraw their Bitcoins from exchanges and those selling their coins as well so the traffic they generates lead to high transaction fees for easier confirmation in a block which is beneficial to miners.

Quote
Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
No one knows if the market will respond positively or not but to the highest of my knowledge, the market is determined by itself whether it will be positive or not and it also depends on the demand of investors because basically, if the demand is high it affects the price positively but just as you stated, it requires patience before we can start experiencing positivity in the market just like when spot Bitcoin ETFs were approved, the approval didn't had any effect immediately but after some time we started experiencing significant increase in the price of Bitcoin which even led to Bitcoin creating a new ATH.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Zigabel on May 01, 2024, 08:35:44 AM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.
Saying Bitcoin halving was the greatest event Bitcoin lovers were looking forward to isn't a passing the proper message because i think there will still be another halving in the nearest future as the most recent they just happened wasn't said to be the last. Bitcoin doesn't get to choose a path for it's self after the halving and I'm very sure if you have a proper knowledge of market dynamics and also that around Bitcoin then you will agree to the fact that these events create reactions around speculators who reacts and the market gets to move in a direction which is now seen as the direction of Bitcoin .

Speculators, investors and even the whales carefully observe these events and activities around Bitcoin and the possible effects and benefits which inturn driver their reaction to the market which in the long run gives the market some form of dynamics because if all these people aren't in the market then there may likely be no movement as no one if taking actions that will drive the market. The stability of Bitcoin has giving it the edge that has provided the attention it gets such that happenings around it causes reactions for the drive in the market.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: jcojci on May 02, 2024, 06:07:18 AM
If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
Not everyone is waiting for a new ATH, perhaps a new ATH was already created before the halving so even if another ATH should be expected it will not happen anytime soon and there are still investors that are also waiting for a dip in order to acquire more Bitcoins so the expectation of everyone differs and not just waiting for a new ATH to happen besides there are still long term hodlers that are not interested in Bitcoin creating a new ATH again but they just want to continue hodling or better still expecting a dip for them to increase their portfolio the more.

Sure miners gets some advantage when the price skyrockets because at that point a lot of transactions happen from those that wants to withdraw their Bitcoins from exchanges and those selling their coins as well so the traffic they generates lead to high transaction fees for easier confirmation in a block which is beneficial to miners.
I'm not sure if ATH occurred before the halving. The price of more than $70k is not yet a new ATH because with the rewards received by miners have decreased, the price of Bitcoin should be able to reach above $100k. We have just passed the halving event and we have to wait again. It's the same as when the halving occurred several years ago where after the halving, the price decreased again and would start to rise after a few months. Those who are interested in holding Bitcoin for the long term, don't really think about the new ATH that will occur. They already have a target when they sell their Bitcoin.

Most people will sell their Bitcoin when it reaches higher than $70k, especially if the price of Bitcoin can reach $100k. They will immediately sell it to make a big profit. But everything will return to each person's plan.

Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
No one knows if the market will respond positively or not but to the highest of my knowledge, the market is determined by itself whether it will be positive or not and it also depends on the demand of investors because basically, if the demand is high it affects the price positively but just as you stated, it requires patience before we can start experiencing positivity in the market just like when spot Bitcoin ETFs were approved, the approval didn't had any effect immediately but after some time we started experiencing significant increase in the price of Bitcoin which even led to Bitcoin creating a new ATH.
The market has already determined where it will go because now we are seeing a rather deep decline. Bitcoin price is now under $60k so we still have to be patient to see the price rise. Now is a good time to buy more Bitcoins so we can accumulate more Bitcoins. Looks like shortly there will be a surprise from the market ;D

We better be prepared for what will happen in the market. Don't forget to increase the amount of Bitcoin you have before the price goes up. That could make you miss out on accumulating more Bitcoin at low prices.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Outhue on May 02, 2024, 06:36:26 AM
The final shakeout is upon us.

As predicted, many will start believing that 73,000 was the top, and they will take profit thinking it over, little did they know that this correction is necessary for healthy growth.

Some expected a massive pump after the halving, well it is clear that it won't happen, even when Hong Kong approved Bitcoin ETF and ETH ETF, the dump still happened, and I don't think we are done yet, we may see 52k or worst price of 48k before we start going up again.

Fortune favors the brave, if you don't know what you are doing it is better to start making decisions on your own by learning about Bitcoin and its price action, now is a good time to start adding up again, I have been waiting for the correction for weeks, now it's happening, I won't miss the chance, I advise you shouldn't either.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Darker45 on May 02, 2024, 09:59:33 AM
We have yet to know which direction will Bitcoin take after the halving. As of now, it seems there's a correction. But this doesn't necessarily mean Bitcoin is taking the downward direction. This could merely be a quick correction brought about by individuals or institutions dumping. I still feel like the overall sentiment remains bullish. There might still be an ATH at least a year from now.

I don't think Bitcoin halving determines whether there will be more Bitcoin-related innovations or not. The rate of adoption determines that. However, the halving has indeed encouraged a different kind of innovation in Rodarmor's Runes.

The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Betwrong on May 02, 2024, 10:31:01 AM
  • What path will Bitcoin chose following the halving

If you mean price-wise, it can take some time to have a certain answer to that. The previous Bitcoin halving happened on May 11, 2020. The price of 1 BTC was less than $10k then. It had taken more than half a year before we hit a new ATH and it'd taken another 3 months to reach anything above $60k. So, I mean, it not always happens right after the halving, but it happens eventually, that's what can be said.

  • If this will lead to more people getting involved in Bitcoin

I have absolutely no doubt about that. Look at the stats:

https://www.talkimg.com/images/2024/05/02/rsJ2m.png

219 million? Are you kidding me? We'll be over 1 billion before the next halving I'm sure.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: kotajikikox on May 02, 2024, 10:39:16 AM
The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.

Halving will be basically the signal of bitcoin’s bull run which will surely turn a lot of people’s heads. Once there are more people interested, more brains will be thinking of ways to improve bitcoin or just other ways to take advantage of bitcoin.

To be honest right now we already have a lot of people working hard to innovate more features for technology and finance.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: kawetsriyanto on May 02, 2024, 10:53:57 AM
If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
People are waiting for the next pump, but they must be aware of the current situation. With many FUDs and the hype of halving's gone, there is no way of the new pump in the near future. The market tends to decrease gradually in the next few weeks or months. It may have another big pump when we are reaching the end of the year. As far as I know, it needs some months after the halving to see another big pumps.

Miners should keep their Bitcoin, they know it is not the right time for taking profits. As the miners, they must understand the market characteristics.

Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
I personally don't have idea about how market will respond the halving. No one knows if the market will respond it positively or negatively. I think we only have an option of waiting for the response, it ideally takes few months. Just learn how the market condition after the halving in the previous season. You may get some clues about how long the market will be in a correction or sideway phases.



Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: freedomgo on May 02, 2024, 03:31:29 PM
If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.

Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
Despite of the current price correction that pull btc price to drop below $60k, still a lot of people continuously aim to witness its new all time high that may probably happen after couple of months from halving. With that, it’s certain that there will be more price correction that will come prior to halving, so we should prepare ourselves more not to fall into panic selling. Expect that the market won’t be friendly at times, so we should be more patient to understand the situation of the market, and the reason why all these things are happening.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Z-tight on May 02, 2024, 03:43:19 PM
Some expected a massive pump after the halving, well it is clear that it won't happen, even when Hong Kong approved Bitcoin ETF and ETH ETF, the dump still happened, and I don't think we are done yet, we may see 52k or worst price of 48k before we start going up again.
The etf approval by Hong Kong was not a big event, so many bitcoiners are still not even aware of it and it will not have the same effect as when the SEC approved spot etf's in the U.S. However, i think i agree with you that the price of BTC can still possible fall lower than this, i know weak hands who want to make money asap would not like to hear that, but it is something that can happen and it opens up another opportunity for bitcoiners to buy BTC for a cheaper price.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Alone055 on May 02, 2024, 03:52:57 PM
Halving will be basically the signal of bitcoin’s bull run which will surely turn a lot of people’s heads. Once there are more people interested, more brains will be thinking of ways to improve bitcoin or just other ways to take advantage of bitcoin.

To be honest right now we already have a lot of people working hard to innovate more features for technology and finance.

There will be more people interested in getting profits than the ones willing to make a change or do something positive for the community as a developer or contributor, besides, we have already seen what new innovations do with the network because we have seen the network getting heavily congested before and during the halving event and I don't think we would want to see any other innovation that would do the same with the network because it's making Bitcoin look bad.

Those who are always looking for opportunities to make Bitcoin look bad or negative get their opportunities when things like these happen because they then start comparing it with other cryptocurrencies with way lower transaction confirmation times and fees.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Asuspawer09 on May 02, 2024, 04:09:10 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

Probably just wait for the next thing that is going to happen, just be updated with the cryptocurrency space news I think, we don't really know what is going to happen next or what the next thing could happen, it was all just gonna depend on what the community is going to do, so just get updated with the news I think, Of course don't forget to bag a lot of Bitcoin accumulate a lot while you still can since we are all hoping for the huge pump in the coming Bullrun. I mean there are a lot of projects and innovations that might be related to Bitcoin and that can be a catalyst or something that might trigger the Bitcoin market to skyrocket and trigger the Bull Run.

I mean the Bitcoin was adapting anyway, compared to the past years it's already integrated and used by a lot of companies, banks, etc. Here in my country, it was already used in E-wallets and even offered as an exchange on some banks where you could buy and sell cryptocurrency, so it's adapting really fast in my opinion so, for sure there will be a supply issue considering the Bitcoin Halving we could surely see its effect in the coming year. Might be great to buy some of the rumors in the market since that is mostly where the hype begins and then possibly be able to make


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: GbitG on May 02, 2024, 11:34:48 PM
Some expected a massive pump after the halving, well it is clear that it won't happen, even when Hong Kong approved Bitcoin ETF and ETH ETF, the dump still happened, and I don't think we are done yet, we may see 52k or worst price of 48k before we start going up again.
Hmm True!
But anyway if this happens, I mean that Bitcoin will fall to 48k. So it will be good for us because Bitcoin will give us another opportunity to buy, and I think many investors including me who want this opportunity will get another golden opportunity before the bull run. But the price decline to this extent is skeptical because Bitcoin is still strong enough in the hands of buyers, that is, the bull players have held the price of Bitcoin and do not want to give the bear a chance to drop further. The proof of this is the current sentiment in the market that Bitcoin bounced back. 
 
So, talking about halving, I think the price of halving does not surge straight forward, but after a small decline, it takes out a strong rally, which has been repeated in the previous halving, and the current halving also has an eye on this phase, that is, it is expected that Going to follow the previous pattern of price this time too.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: jcojci on May 03, 2024, 02:19:21 PM
People are waiting for the next pump, but they must be aware of the current situation. With many FUDs and the hype of halving's gone, there is no way of the new pump in the near future. The market tends to decrease gradually in the next few weeks or months. It may have another big pump when we are reaching the end of the year. As far as I know, it needs some months after the halving to see another big pumps.

Miners should keep their Bitcoin, they know it is not the right time for taking profits. As the miners, they must understand the market characteristics.
The current situation can be exploited by irresponsible people by spreading the news that Bitcoin is a scam. That will make people who don't have much knowledge about Bitcoin panic and maybe they won't be able to survive until the Bitcoin price rises again. Yes, I'm sure there will be another big increase, whether it's in the middle of the year, the end of the year or even next year.

I personally don't have idea about how market will respond the halving. No one knows if the market will respond it positively or negatively. I think we only have an option of waiting for the response, it ideally takes few months. Just learn how the market condition after the halving in the previous season. You may get some clues about how long the market will be in a correction or sideway phases.
Waiting and preparing for its arrival is a good way so that we can really focus on accumulating more Bitcoins. As long as we still have time, we can continue what we have done so that we can get benefits later. Even though we don't know how the market will respond to the halving, we can use this time to prepare what is necessary and continuing to invest in Bitcoin is an important thing for us to do.

Despite of the current price correction that pull btc price to drop below $60k, still a lot of people continuously aim to witness its new all time high that may probably happen after couple of months from halving. With that, it’s certain that there will be more price correction that will come prior to halving, so we should prepare ourselves more not to fall into panic selling. Expect that the market won’t be friendly at times, so we should be more patient to understand the situation of the market, and the reason why all these things are happening.
I also think that there will be more corrections coming after the halving and it will be a rollercoaster ride that will leave people confused as to what they should do. But for those who don't think about when the price will start to rise, they will continue to invest in Bitcoin. They believe that the price will rise again and if they are ready, they will immediately prepare the selling price so they can make a profit. Yes, we have to be more patient in understanding the market and we can do this by trying to analyze what is happening.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Yatsan on May 03, 2024, 04:14:53 PM
Waiting and being firm until the bullrun starts.Are there other things to do aside from this? Either you buy or wait, it will still be valid. At the end of the day it is you and your capital which is on the line if ever you'd make a risky decision that could result into either loss or profit. I'm expecting for months of low market volune to Bitcoin's market price. Fees are still high which I believe is a factor that could cause or contribute to this problem. Never expect for things to happen in an instant because volatility is in nature of majority of this industry's token. There would also be an imbalance if its market price will just do its thing upward or downward. There's more in the halving than just market price increase. For now, focus on waiting and holding until things get better.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: HideYourKeys on May 03, 2024, 06:40:26 PM
now the bullrun comes ;)


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: kentrolla on May 03, 2024, 08:08:44 PM
It's always bit of chaos post halving because we may see frequent fluctuations in the price of Bitcoin just like what we have witnessed in last ten days and this will continue until the begining of bull run so there are possibilities of some users hesitant to invest especially newbie who have invested when Bitcoin was trending at $72k or above $70k but veterans are aware that this is the last best opportunity to invest before bull runs and they will advantage of this situation. I think we would see more investors popping in.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: FanEagle on May 04, 2024, 08:17:00 AM
Just keep waiting for it to grow bigger, I am sure that people will realize that it is not that simple and you will eventually realize that you are going to make some good money with it. I am not saying that we are going to all make money, because it's clear that some people will make more money than the others, and some people will even lose money as we have seen a lot of people sold right now and some of them will not buy back.

But, I guarantee you that the price will skyrocket higher once again, it is not going to stay like this. Very soon, we are going to go beyond all time high price again and when that happens there will be a lot of people who will regret selling in the past week. That is why I am holding as hard as I possibly could.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Deddyhoku on May 04, 2024, 08:36:37 AM
The only real answer - no one know what will be next. TA is not working in crypto. However, everyone is hoping that we will see the bright future in the end of the year


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Abiky on May 06, 2024, 03:33:11 PM
We have yet to know which direction will Bitcoin take after the halving. As of now, it seems there's a correction. But this doesn't necessarily mean Bitcoin is taking the downward direction. This could merely be a quick correction brought about by individuals or institutions dumping. I still feel like the overall sentiment remains bullish. There might still be an ATH at least a year from now.

I don't think Bitcoin halving determines whether there will be more Bitcoin-related innovations or not. The rate of adoption determines that. However, the halving has indeed encouraged a different kind of innovation in Rodarmor's Runes.

The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.

Of course the Bitcoin halving creates hype. You don't see chains with a similar mechanism getting "pumped" these days (Litecoin). After each halving event, comes a period of market correction. It's up to you to determine when to buy more BTC and when to sell. As long as you're able to make profit, nothing else matters.

If you really believe in BTC, then you should focus on its utility instead of the price. Mainstream media, whales, and companies often manipulate the market with their comments/actions. Prices could either go up or all the way down the drain in an instant. As long as the core BTC blockchain remains decentralized, nothing should be able to stand in its way. Hopefully, it will last way beyond the last halving of 2140. :D


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: suzanne5223 on May 06, 2024, 03:56:13 PM
We have yet to know which direction will Bitcoin take after the halving. As of now, it seems there's a correction. But this doesn't necessarily mean Bitcoin is taking the downward direction. This could merely be a quick correction brought about by individuals or institutions dumping. I still feel like the overall sentiment remains bullish. There might still be an ATH at least a year from now.

I don't think Bitcoin halving determines whether there will be more Bitcoin-related innovations or not. The rate of adoption determines that. However, the halving has indeed encouraged a different kind of innovation in Rodarmor's Runes.

The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.

Of course the Bitcoin halving creates hype. You don't see chains with a similar mechanism getting "pumped" these days (Litecoin). After each halving event, comes a period of market correction. It's up to you to determine when to buy more BTC and when to sell. As long as you're able to make profit, nothing else matters.

If you really believe in BTC, then you should focus on its utility instead of the price. Mainstream media, whales, and companies often manipulate the market with their comments/actions. Prices could either go up or all the way down the drain in an instant. As long as the core BTC blockchain remains decentralized, nothing should be able to stand in its way. Hopefully, it will last way beyond the last halving of 2140. :D
The Bitcoin halving creates the hype you're talking about because of the benefit that always comes with it and how it controls inflation in the BTC market. It is the hype that literally leads to more traffic in the market if not most institutions won't have to consider filing for the spot ETF before the halving. Imagine what would have happened if the BTC spot ETF was filed by BlackRock and others after the halving.

Having said that, I dislike the impression and believe that after profit off the market, nothing else matters, seriously?
I believe it's not nice for anyone to have such an impression when people are doing more than that by their support for the BTC node, and the creation of things that will keep the market healthy.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Betwrong on May 09, 2024, 10:36:32 AM
The only real answer - no one know what will be next. TA is not working in crypto. However, everyone is hoping that we will see the bright future in the end of the year

I have the same impression of applying TA to crypto currencies. It's "working" but only randomly,  like the proverbial broken watch that is right twice a day. But we can hope for two things yet: that we'll somehow invent a TA that will be working with crypto and that, you are right, our future is bright. Maybe even before the end of the year we'll see some nice tendencies.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Kelvinid on May 09, 2024, 12:03:42 PM
The only real answer - no one know what will be next. TA is not working in crypto. However, everyone is hoping that we will see the bright future in the end of the year

I have the same impression of applying TA to crypto currencies. It's "working" but only randomly,  like the proverbial broken watch that is right twice a day. But we can hope for two things yet: that we'll somehow invent a TA that will be working with crypto and that, you are right, our future is bright. Maybe even before the end of the year we'll see some nice tendencies.
Despite the unexpected drop in the past few days, we're still positive about it and this drives us to think that this year ends with a good price position.
Yes, TA doesn't works all the time due to the volatility of the market but still, this tool plays some important roles. Even if it was just like this, I and many holders/investors still make use of this in the hope that they won't fail in making decisions.

After halving the price trends seem not to look good but I believe that the history repeats itself. The new ATH comes a few months after halving like before.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Betwrong on May 16, 2024, 08:27:58 AM
~
~ After halving the price trends seem not to look good but I believe that the history repeats itself. The new ATH comes a few months after halving like before.

The new ATH has happened already, it was a month before the halving, remember? But if you mean the proper ATH, like 3 times higher than the previous one, than yes, I agree with you, it should happen a few months after halving, and that's what we are waiting for, because it was happening like that in previous years. In the meantime, don't panic when the price is suddenly down. Fluctuation is a normal thing for Bitcoin.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: kryptqnick on May 16, 2024, 02:10:53 PM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: DanWalker on May 16, 2024, 02:52:26 PM
~
~ After halving the price trends seem not to look good but I believe that the history repeats itself. The new ATH comes a few months after halving like before.

The new ATH has happened already, it was a month before the halving, remember? But if you mean the proper ATH, like 3 times higher than the previous one, than yes, I agree with you, it should happen a few months after halving, and that's what we are waiting for, because it was happening like that in previous years. In the meantime, don't panic when the price is suddenly down. Fluctuation is a normal thing for Bitcoin.

I believe we are all waiting for a bull market and a proper ATH as history has shown us. But do you see that history is somewhat being changed and that is shown by the fact that bitcoin had an ATH before the halving? And will history repeat itself or will we have new history? I mean there won't be another bull season? I was thinking about this and also saw someone making this hypothesis on social network X, which also made me think a lot. Will this terrible scenario happen?


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: GbitG on May 16, 2024, 08:11:29 PM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position.

You are right though, Bitcoin has been doing pretty well because a lot of speculations said that the price might dip further when Bitcoin started losing value after the halving event, but it didn't go down much and it has already started recovering, and I'm pretty sure we will see a good price in a couple of months from now.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: lalabotax on May 16, 2024, 10:11:43 PM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.

I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position.
After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.

At least, currently, the price is rising up in $65k and still being at that rate. Commonly, there will be another crash and market correction again after rising up like this. But we can wait it again. or will it continue to higher price again. Well, the market is very difficult to predict, since the moment after halving, it is still that volatile, and even fluctuating deeply.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: uneng on May 16, 2024, 10:59:45 PM
After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again.

That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Assface16678 on May 16, 2024, 11:30:40 PM
After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again.

That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand.
That hard decline or yes not that too dip, is a blessing because if you know how to make the dip into opportunity then you most likely to have earn a lot in the previosu dip in price of bitcoin after the halving event, the price of bitcoin reach the dip of $55k and I happen to take the risk here and now look at it bitcoin is back to $65k which is a huge reward for me, for some other this event of dip or decrease in bitcoin price as a threat but for me it is a blessing because I also expect that there will be a correction after the halving and that many whales make the bitcoin moved as they they have activity in it, anyways despite those whales making the move, still bitcoin are climbing up which indicates that bitcoin is still powerful, investors of bitcoin are getting more and more that's why the market is lively.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Wakate on May 16, 2024, 11:39:19 PM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.

I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position.
After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.

At least, currently, the price is rising up in $65k and still being at that rate. Commonly, there will be another crash and market correction again after rising up like this. But we can wait it again. or will it continue to higher price again. Well, the market is very difficult to predict, since the moment after halving, it is still that volatile, and even fluctuating deeply.
Since we are not always certain about the crypto market and what could happen next, we need to be wise and keep holding or we could rather sell and end up losing our money and later complaining that the price of Bitcoin gives them loses because they bought at a very high price. Bitcoin is going to do better soon and what we are required to do is to keep holding or we can decide to sell in loses. We are going to benefit from the bull market or we could rather decide to sell in lose that can be avoidable if we keep holding for a better time that will give us profits.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Ben Barubal on May 17, 2024, 12:33:31 AM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position.

You are right though, Bitcoin has been doing pretty well because a lot of speculations said that the price might dip further when Bitcoin started losing value after the halving event, but it didn't go down much and it has already started recovering, and I'm pretty sure we will see a good price in a couple of months from now.

    With what is happening in the market today, no one really knows. After Bitcoin reached the new ath of 74k$, it dropped, and until now, it has been very difficult to break the resistance to 70k$ per Bitcoin. And in this matter, there is a lot of speculation that most of their alleged opinions do not come true.

     This is just proof that the market is really unpredictable, but if the technical and fundamental analysis done by a trader is accurate, we can determine the exact price destination of Bitcoin's price. That's why there is nothing like that.


Title: Re: Now that Bitcoin halving have been completed, what next?
Post by: Abiky on May 17, 2024, 11:20:32 AM
So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.

Bitcoin is doing well despite the high fees. It's still the largest and most secure cryptocurrency in the world. Each halving event had a positive effect over BTC's market price. This last one is no exception. Right before the recent halving, BTC reached a new ATH in market price. Who's to say the same won't happen by the next halving? With strong marketing from mainstream media, it's no wonder why many people get excited with the Bitcoin halving.

If you're wondering "what's next"?. then I'd say nothing other than new developments from the Bitcoin Core project. I believe developers will introduce new network upgrades that will make BTC cheaper to use for day-to-day payments. The upcoming halving of 2028 will be a fun and exciting one. The question is: Are you prepared for it?