alastantiger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2023, 11:14:50 AM |
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The halving in 2024 is going to be the first one I witness with bitcoins in my wallet. The previous one that happened 3 years ago, while I was aware of it because it was all over social media, I did own any Bitcoin. I don't think I felt bad because I had not grasped what the whole halving was all about. But right now with the amount of information I possess about it, if it meets me unprepared, I'll be so pained.
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I_Anime
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 22, 2023, 02:09:55 PM |
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To be honest this upcoming BTC Halving, Will be the first halving I will be experiencing since knowing about Bitcoin. But with the little knowledge I've about BTC halving, is that previous bitcoin as bought up a bullish momentum in the market.
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JoyMarsha
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 22, 2023, 10:58:30 PM |
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The crypto market has seen three good halvings, and each of these halvings sparked a bull run months later. The crypto market will experience its fourth halving in 2024, and it is anticipated that what happened during the previous halving will repeat itself in the upcoming halving season (2024).
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
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vapourminer
Legendary
Offline
Activity: 4438
Merit: 3853
what is this "brake pedal" you speak of?
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2023, 12:11:45 AM Last edit: October 23, 2023, 12:39:41 AM by vapourminer |
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all of them.
the 1st was the most fun as no one really knew how it would work out with miner profitability, hash rate and price. and people turned on just about anything that could hash to try and solve that block. iirc it was solved by a small miner on a midrange gpu.
the bull run that happened after the 1st halfing sorta set the expectations for the others. and so far every halfing has been followed by a new ath, and then a pretty good dip afterwards. repeat each halfing as needed.
just be aware that doesnt mean btc wont crash and burn this time around though. past performance and all that.
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bettercrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2023, 01:17:48 AM |
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There has been three bitcoin halving. After each halving, bullrun followed it. With how the price of bitcoin has been increasing, it is evident that only reducing mining reward can not do it, increasing demand is another reason. The mining reward is reducing, but the reward is still adding to the circulating supply and the effect is reduction in price, but in a way that it is not significant. The demand will increase the marketcap and increase in the marketcap means increase in the price of bitcoin.
Right now, I've already halved twice, and third next year. In the first halving year of 2017, I experienced a profit there somehow, but in 2021, I was not able to keep up and set aside because at this time we were still in recovery from the pandemic era. I hope this upcoming halving I will experience a good profit again, although I am already accumulating cryptos, which I think can also follow the rise in the value of Bitcoin to be honest, and I can still accumulate via dca just like some people do here anyway.
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bayu7adi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2023, 01:28:17 AM |
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Take a look at this; the chart below is sourced from Google and appears to encapsulate what you've been inquiring about all this time. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F10%2F23%2FTmar8.png&t=665&c=gStd5g3XP609gA) There have been three Bitcoin halvings so far, and yes, post-halving, we've witnessed a bullish market for approximately a year. While this data is history-based, and everyone regards it as a template for reaching the next all-time high (ATH), it's crucial to remain cautious because the market's movements are truly unpredictable. Everyone assumes that the next halving will usher in a new Bitcoin ATH. Only time will provide the answer, and the tangible evidence will be our own eyes to witness whether it truly materializes or not.
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Mauser
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October 24, 2023, 09:58:03 AM |
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I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run. I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
So far, I witnessed two halvings. The first one was in 2016 right when I joined the crypto world, back then I had no idea what halving is and I also didn't really follow the crypto prices closely. For me bitcoin was just another currency with which I could transfer money around in online games and take profits in my CSGO skin trading. All my coins I converted back to Fiat money, so I also didn't notice if there were any big price movements in the bitcoin price due to the halving. After a break from cryptos I came back in 2019/20 and that was my second halving I witnessed, but I didn't notice any huge price movements. Now I am really looking forward to 2024 and what the halving is going to bring to the Bitcoin market. My idea is that the price is not going to move in the short term, too many investors are expecting a price increase and there won’t enough new buyers to push up the price. And even if there would be a small increase in price, I think that many investors would like to take some profits, pushing the price back down again. It’s going to be hard to have big upswing when so many investors are believing the price is going in the same direction. All the buyers that would like to add to their Bitcoin holdings would be buying before the halving and not right after it. That is why I will remain cautious next year and rather keep holding my coins.
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n00ber
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2023, 01:00:18 PM |
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The crypto market has seen three good halvings, and each of these halvings sparked a bull run months later. The crypto market will experience its fourth halving in 2024, and it is anticipated that what happened during the previous halving will repeat itself in the upcoming halving season (2024).
I'll experience my first halving and bull run in the years 2024 and 2025. According to what I have read or heard about the halving season, there has never been a halving without a bull run that followed a few months later. By next year, we will see more of the same.
In the three previous halvings, the bull season took place some time after the halving and what we expect is that history will repeat itself again. But in the end, it's just our prediction and expectation, we have no evidence or anything to guarantee it will definitely repeat. Yes, I don't want to disappoint you because it will be your first time but you need to plan further. For example, if bull season comes much later than we expected or there will be no bull season after that. What will you do and continue to wait or leave the market...? You should have a plan for those things.
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apogio
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2023, 03:23:27 PM |
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I have witnessed only the halving of 2020. I was just starting out my journey. The price increased very high and some of the coins I have bought, I have paid higher amounts than today's bitcoin exchange rate. But, in every halving, the price has gone up. It's normal, since the supply decreases and thus the coins' availability is lower.
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Cryptomultiplier
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October 24, 2023, 05:03:02 PM |
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Since I started my Bitcoin journey till date, I haven't witnessed any halving but the bear and bull market seasons I have experienced and it took all grit to hold back the tears of spot trading at a wrong time like during the bearish seasons. There's also the fees fluctuating duration these days I experienced and it affected trading pairs and conversion rates/fees between exchanges and P2p.
The halving am looking forward to isn't far from now, and by April/May 2024, we can know exactly how the outcome of the halving will be. No doubts about the expected bull run after the halving, am more glad I am going to witness it as a Bitcoin enthusiasts, investor, trader and a Bitcointalk forum member most importantly.
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tjtonmoy
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October 24, 2023, 05:21:58 PM |
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The 2024 Bitcoin halving it's going to be my first time witnessing one. I came to know of Bitcoin in the year 2021. I have witnessed a bull run but not a halving. But as I have seen in the past data, in the previous Bitcoin halving , the market experienced a bull run after each of them. As far as I know, after every event there was a bull run. So we can expect to see another one after the upcoming halving.
This is going to be a whole new experience for me. I still don't know if I am ready for it or not. Let's see what happens. I am very confident about myself that I will be able to hold till I see the peak.
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