Is the coming halving our last hope?

[Lucius]

Next halving will likely have some sort of impact on market, maybe few months before (if people start to buy) - but probably in the months that will come after halving. The fact is that the prize per block will be halved from today 12.5 BTC to only 6.25 BTC, which means less new mined coins.

If we look first halving in 2012, and second halving in 2016 then we can see that back in 2012 after halving price is go up from 5$ to 12$, and in second halving 2016 from 500$ to almost 1000$ at the end of the year.

It is almost 1.5 year until new halving, but I think it's wrong to look at it as our last hope - patience is key, and obviously some people do not have it.

[deisik]

Next halving will likely have some sort of impact on market, maybe few months before (if people start to buy) - but probably in the months that will come after halving. The fact is that the prize per block will be halved from today 12.5 BTC to only 6.25 BTC, which means less new mined coins

I think things are not that simple

The halving halves the block reward (as the name correctly suggests), but it is not the halving itself which matters here. It is the reduction of coins relative to total supply which plays by far more significant role here. And with each halving this ratio keeps diminishing until halvings are not going to affect the supply in any significant degree even though the reward is still being halved every 4 years

[Thanasis]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Mining rewards is not going to bring the bull run to be honest, we need something more interesting that will make the people interested on the cryptocurrencies again, only the price bump of cryptos gradually will make it happens so we can make it when we all starts to hold the cryptos longer until the bull wakeup.

[deisik]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Mining rewards is not going to bring the bull run to be honest, we need something more interesting that will make the people interested on the cryptocurrencies again, only the price bump of cryptos gradually will make it happens so we can make it when we all starts to hold the cryptos longer until the bull wakeup

Halving can in fact be a good or even perfect trigger for a new bull cycle, but without strong fundamentals, it will likely be very short lived and small. After all, the reward halving only diminishes the supply of new coins but doesn't reverse it. And I don't think either that the previous reward halving which occurred in July 2016 caused the bull run to 20k, though we can't completely exclude that it played a factor in that rally and more importantly in starting it

And there is not much left to diminish anyway

[SlimShadyMmp]

There is a probability of halving helping matters but i really dont see the case to make that much of an impact Is more like just helping gain some prices up The only hope is for market to stabilize and for some project to start with their progress and am sure that will change the atmosphere around

[Micerker]

so next year or 474 days from now the next Bitcoin block halving
will occur but its just a halving of the mining reward, there may be
a bit of a run prior to the event but this might be within 3 months
of it happening.

"Our Last hope" for what?
There is lots of hope for Bitcoin but its not hinged on one single event.
There are lots of positive stories and events happening NOW, they
may not be infleuencing the markets now but they are all positive.

There are so many people transfixed by the FIAT value of Bitcoin
they are missing the good stuff.

All hope is a joke with whales. The market is getting worse when whales manipulate it. This will only end if it defeats FIAT and everyone must use it as an optimal and preferred form of payment.

[Supercrypt]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

Halving is still over a year later, I don't think we can say something that is a year (even more) later could be our last hope. First of all we could potentially have a good increase until that moment, we still have over a year to go up which means it can't be our last hope since there could potentially be other stuff in between today and then and when there are other stuff in between we can't call it last hope.

Also it is just 2020, I mean what happens on 2021? 2022? 2030? Just because there is halving on 2020 doesn't mean bitcoin will die and become obsolete right afterwards if the price doesn't go up, even if price stays the same until that moment we can still have a bull market after the halving of 2020. We have years of going up and 2020 is not the end of the world.

[farosa]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

If I were Odin, I would have said the right answer, but unfortunately I can not. Why are you just focusing on bitcoin, while there are other options? In my opinion, the opportunity we missed are related to focusing on one point.

[greeklogos]

Thank all of you guys for your opinions. That was my mistake to call next halving as the last hope for bull market returning. Everything may change in a moment indeed.

[nelson4lov]

I wouldn't say The Halving of Bitcoin's mining reward isn't a bullish event but there are some other crypto events we should be considering. For instance, There are Bitcoin ETFs which may be approved by the SEC anytime soon. Aside from ETFs, Bitcoin and altcoins at large are making constant efforts in a bid to get cryptos the much needed "adoption" and If Cryptocurrencies eventually becomes a mainstream currency, The sky is the limit as those prices would go kaboom. Again, It's uncertain.

[Oceat]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

I think halving is the last choice for traders if they won't see any bull run this year maybe because they were too tired to hodl their coins while watching the price doesn't move an inch or will just shrink slowly. It kinda creates stress that continues to grow over time because they think the market is already dead.

[Altero]

Bitcoin broke a new record of bearish market (over a year long). Many people are skeptical about this year as well. Do you guys think that only next halving will change situation on the market and bring back bull run with itself like it was previous time?
Sorry for my weak English.

I think halving is the last choice for traders if they won't see any bull run this year maybe because they were too tired to hodl their coins while watching the price doesn't move an inch or will just shrink slowly. It kinda creates stress that continues to grow over time because they think the market is already dead.

This is already practice by many investors and those kinda can't manage to hold any longer, and for the purpose that to seek opportunity in the other coins.
Our market seems to be challenging today and only those heart strong could survive and never looks tired of waiting for its recovery. We all believe that brightness will soon to come and we all be paid of what we do for many years. 

[Indrawan77]

The long bearish market does make the investors frustrated, but there are still a lot of things that can make the trend to change, there are numerous of events that could make the price to go up, the adoption of some stores and the rumours of some countries want to try to adopt crypto, the etf acceptance could make bitcoin price go up, halving could make the price go up but its not the only event that could make the price go up

[hahay]

I wouldn't say The Halving of Bitcoin's mining reward isn't a bullish event but there are some other crypto events we should be considering. For instance, There are Bitcoin ETFs which may be approved by the SEC anytime soon. Aside from ETFs, Bitcoin and altcoins at large are making constant efforts in a bid to get cryptos the much needed "adoption" and If Cryptocurrencies eventually becomes a mainstream currency, The sky is the limit as those prices would go kaboom. Again, It's uncertain.

ETF's will not make the market bullish, but with so many crowds waiting for prolonged SEC approval, then when that happens it will have an effect on the crypto market as happened recently. The growing adoption is about blockchain adoption that is getting better and I think this is a hope for cryptocurrency to be even better with so much attention from entrepreneurs.

[leowonderful]

If anything, Litecoin will likely be a good test subject for whether or not a coin halving's really going to have any meaningful impact on the price of a bigger POW cryptocurrency like BTC- the halving for LTC's coming up in just under a 1/2 year (176 days according to litecoinblockhalf.com (click for link)), and we'll be able to observe the effects of that before the BTC halving actually happens.

In the end, I personally don't feel like the halving's going to be the last hope that's going to dig us out of this bear market (we may be past the bottom already, can't tell right now though), but I do feel like it'll have a minor impact on BTC pricing in the long-term. There's still plenty of time left 'till the BTC halving's on our doorsteps, and that's plenty of time for more bullish developments in the sphere of BTC and crypto as a whole.

[suzanne5223]

For every great opportunities comes with great risk. 83.50%  out of the overall 21milion bitcoin have been mined and with my presumption the previous bearish market last long because there chance that the Bitcoin market will reach this dip again. However, bull run market can happen anytime but halving alone won't be the reason behind it.

[apityeh71]

In my opinion the fundamental factor will trigger crypto market change to bullish. Halving in the pass is not really help price of Bitcoin growth,  but the fundamental and mass adoption will increase the demand.  One of the good fundamental  for Bitcoin  is Bitcoin ETF, so after that approved will be big probability the price will rally.

[Caladonian]

For every great opportunities comes with great risk. 83.50%  out of the overall 21milion bitcoin have been mined and with my presumption the previous bearish market last long because there chance that the Bitcoin market will reach this dip again. However, bull run market can happen anytime but halving alone won't be the reason behind it.

Yes right, there's a lots of things aside from halving that investors and traders needs to consider before assuming that bull run will happen after,
more on adoptions and daily usage should be the priorities in order to have more movements aside from investment type of market, people needs
to realize that adoptions coming from various local government and businesses will help lifting the value up once more.

We need not to relied with the news about halving but continue to influence more people to use and join this industry.

[sheenshane]

snip-
We need not to relied with the news about halving but continue to influence more people to use and join this industry.

That's the reason we are longer wait for the approval of SEC in ETF implementation, which is I am really sure it will give massive adoption to people. But ain't know if this is effective, maybe the why SEC prolonged their announcement regarding this.
However, we should not worry about halving price as of now we've seen a little spike on the market and we hope that it will continue growing up until year-end.

[beerlover]

Next halving is too far away and I guess we will some other great news to stir up the bitcoin investors in-between time itself. It may be ETF approval or some European country may approve bitcoin as a legal tender like Japan. Expect the unexpected positive news because that way alone I am consoling myself to stay calm among this year long bear markets.

The next halving by 2020 June may act as long term speculative instrument like it may start bring new investors into bitcoin market now onward too because FOMO will work on this way only.