Halving and its effects

[rekinthis]

Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.

Here are potential options:

1. nothing changes
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.

What would you say we should expect?

I am sure that bitcoin won't die, and i am relly sure that  pruce won't be same, so answer is that price will rise, i mean people buy bitcoins now, so price  rises even now, i don't think that price could be same after halving

[1714004630]

1714004630

[crazyivan]

Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.

[Herbert2020]

i have always said that halving is more of a hype that is creating an expectation in everybody for a price rise and another possible bubble.
so in other words this Hype can eventually lead to a big rise if there is a small change (small rise) like a nudge that can initiate things.

[SFR10]

Good options you mentioned there but the most realistic ones are number 2 and 3 only, with number 2 needing a bit of modification since I would think just because the halving, brings less rewards upon each found block, it should be expected that BTCitcoin value will double as well, but sure enough there will be an up trend afterwards.

[romero121]

Halving has given a good increase in price in the past, so this time too users expecting the same increase. But none know what's gonna happen by the coming days.

[7Priest7]

Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.

Here are potential options:

1. nothing changes
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.

What would you say we should expect?

well i am really sure that price will change, it will fall down or will rise but it will change for sure

and i think that price will rise at first, to 600$ and then worst part will come, every person that boguht bitcoins for halving will sell them to get profit, so i am afraid that price will fall down instantly

[Ulloa]

Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.

Here are potential options:

1. nothing changes
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.

What would you say we should expect?

well i am really sure that price will change, it will fall down or will rise but it will change for sure

and i think that price will rise at first, to 600$ and then worst part will come, every person that boguht bitcoins for halving will sell them to get profit, so i am afraid that price will fall down instantly

I dont even think that it will change that much, you even can see that the value now is not even rising so that will be also not good for the halving.
Bitcoin is a currency and that is impossible to predict, but the most of us have the feeling that it wont rise that much.

[RoommateAgreement]

i am choosing a modified version of #2
the price is going to rise up so high and miners will take a good profit but the price will slowly come down after that stabalizing on $550 which is still profitable but makes it tough for any new miner to start mining.

[Denker]

It will be 1 or 2 I think.
I'm hoping for 2 as most of us here I guess. An increase of 2x wold be awesome, especially if that would be sustainable and not just a peak followed by correction. However I'm not sure about how much efficiency in mining can be increased as the miners already use 16nm chips which seems to be the edge of technology at the moment.

[polister]

Because so many people think the price will go up it will probably not happen - similar to the stock market ...
But with some additional good news like solving the the core/classic disput it could be a golden sommer  - I really hope so 

[1Referee]

Because so many people think the price will go up it will probably not happen - similar to the stock market ...
But with some additional good news like solving the the core/classic disput it could be a golden sommer  - I really hope so  

Whatever people expect or think here, the price goes up or down in the favor of the whales. We as normal traders can benefit from this manipulation if you know how to read the market.

I don't think the drama between Core and the other alternatives will never end. The storm will calm down once larger blocks are implemented, but after let's say 5 or 6 months this whole thing come to life again. Then shills and trolls will support for example Bitcoin Millennium. That's why it is very important to have the majority of the pools and services, exchanges, etc on the side of Core.

[bamboylee]

The price will definitely has to go up or the miners will lose interest in bitcoin.  I think this will be the trend after halving: Miners reward cut into half, difficulty rise, price will go up as well. If this does not happen, then were doom.

[Denker]

Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.

2 years ago was right after the gox price manipulation. You can not see this artificial created run as real growth.
It was obvious that after that a very long correction would happen.And it took us around 22 months to rehabilitate.
During that time the fundamentals have become better and better.
And this year we will see even more growth and improvements regarding the network and value.

[jakelyson]

Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.

2 years ago was right after the gox price manipulation. You can not see this artificial created run as real growth.
It was obvious that after that a very long correction would happen.And it took us around 22 months to rehabilitate.
During that time the fundamentals have become better and better.
And this year we will see even more growth and improvements regarding the network and value.

He is right. That manipulation hurt bitcoin a lot. Without the trust of this community, bitcoin could have died that day. But this halving can bring some good effects to bitcoin hopefully. We might not reach a new ATH right away but the price will definitely go up. And hopefully steady increase in few years to come.

[bamboylee]

Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.

2 years ago was right after the gox price manipulation. You can not see this artificial created run as real growth.
It was obvious that after that a very long correction would happen.And it took us around 22 months to rehabilitate.
During that time the fundamentals have become better and better.
And this year we will see even more growth and improvements regarding the network and value.

And this time, whales cannot easily manipulate bitcoin market unlike before. Bitcoin users are diversified right now. Whales still own a large part of bitcoin out there but their move is counter acted by individual users though own small bitcoins but very large community. Put together, they can match the movement of whales.

[FabioDelcatto]

There are a lot of people that is hoping that the value will be more worth worth after the halving but I think on this time that the value will not even be that high in the future after the halving.
And that is because the value isnt rising now and it keeps for a long time stable and that is quite bad.

[The Sceptical Chymist]

I thought the halving was in July...? 

Don't think we're going to see it double.   Not that I wouldn't be happy with it, but it seems extremely unlikely to me that the halving isn't priced in.

[KennyR]

I thought the halving was in July...? 

Don't think we're going to see it double.   Not that I wouldn't be happy with it, but it seems extremely unlikely to me that the halving isn't priced in.

There is nothing bad regarding the growth of bitcoin. Only the hope of the users will profit you with a good rise in price once the halving gets over.

[HarryKPeters]

I thought the halving was in July...? 

Don't think we're going to see it double.   Not that I wouldn't be happy with it, but it seems extremely unlikely to me that the halving isn't priced in.

There is nothing bad regarding the growth of bitcoin. Only the hope of the users will profit you with a good rise in price once the halving gets over.

I'm also thinking this the bitcoin has a good future a head with the positive mind of people plus the halving will also help the bitcoin to go to a higher amount this year.
I think there is a very good chance this is gonna happen, at the end of this year we most likely can sell out bitcoins with some nice profits if everything goes as planned.

[mrhelpful]

Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.

2 years ago was right after the gox price manipulation. You can not see this artificial created run as real growth.
It was obvious that after that a very long correction would happen.And it took us around 22 months to rehabilitate.
During that time the fundamentals have become better and better.
And this year we will see even more growth and improvements regarding the network and value.

He is right. That manipulation hurt bitcoin a lot. Without the trust of this community, bitcoin could have died that day. But this halving can bring some good effects to bitcoin hopefully. We might not reach a new ATH right away but the price will definitely go up. And hopefully steady increase in few years to come.

Well manipulation is always occuring everyday like it or not or planned out.

Whales or other people with large holdings.. but in general as long bitcoin has a price people will be here regardless of trust or not since there profit to be made.