Is the coming halving our last hope?

[shirackjs]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

[perla]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

We know adoption get problem by Government. Because not all government agree with cryptocurrencies and start to make it illegal. But halving is something that people wait because it is like fixed news that can help price of bitcoin.

[TheUltraElite]

We know adoption get problem by Government. Because not all government agree with cryptocurrencies and start to make it illegal. But halving is something that people wait because it is like fixed news that can help price of bitcoin.

Halving has nothing to do with the government accepting bitcoin. Halving is a process that will reduce the subsidy that miners get per block as reward for mining that block and they are often said to dump it on exchanges. With the drop in their rewards this will reduce in future - that is the ideology behind halving.

Even if that is a news to someone does not mean it will be interesting for everyone. Like for the miners it is a type of bad news but still for the crypto enthusiasts there is possibility for a pump prior to the halving and possible bagholders cashing out.

[hipSter]

There is no need to think that the halving is the last chance. Every day I read that happened something positive for crypto currencies. All these things combined have a superb effect on a long term.

[Newbtrader99]

We know adoption get problem by Government. Because not all government agree with cryptocurrencies and start to make it illegal. But halving is something that people wait because it is like fixed news that can help price of bitcoin.

Halving has nothing to do with the government accepting bitcoin. Halving is a process that will reduce the subsidy that miners get per block as reward for mining that block and they are often said to dump it on exchanges. With the drop in their rewards this will reduce in future - that is the ideology behind halving.

Even if that is a news to someone does not mean it will be interesting for everyone. Like for the miners it is a type of bad news but still for the crypto enthusiasts there is possibility for a pump prior to the halving and possible bagholders cashing out.

I didn't understand until now thanks friend. So the miners will be keeping a hold of the bitcoins and as price rises so will mining cost.

[fullhdpixel]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

We have good experience of previous halving. I hope that like previous halving will also put a very positive effect on bitcoin price. Although not only halving can support the market, but there are so many other factors which can also put a positive effect on bitcoin price. For example if the ETF is going to accepted I will also be too much good for the market and hope that it will attract the investors back.

[iMark]

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.

We cant say if that upcoming halving will trigger bull run but all of us do really hope for that thing to happen.The entire market has been bearish for a year and still continues as of this moment.
We wont know on what are the possible things that would come out either positive or negative ones because we cant still be sure if the price wont go down even further as of this moment.So the thing
we should need is to brace up ourselves on the ride.

In my opinion, of course not the last choice because we still have many big things to come. but we really need this halving event
to make massive demand so that the market gets better after a long bearish trend.

[XCANA]

Am yet to believe that the forthcoming bitcoin halving will be the last of Bitcoin. How on earth will these speculations arise because we all know the importance of Bitcoin halves even in the past. Bitcoin halves are the most important moment in the life of Bitcoiners and to all it enthusiast around the world.

The rise in bitcoin during this period in the history of Bitcoin usually come after the few months from the date of the halve, so, many should not expect the rise immediately but hold till the right time for the demand to soar high before the full halve be initiated. Can't wait to see the forthcoming halving of bitcoin.

[ymer]

Perhaps the following dividing will influence the cost of bitcoin, yet very little. Economic situations rely upon the conduct of merchants and purchasers. Dividing makes dealers increasingly sure and that is the thing that causes pattern changes to be certain. Since as of now there is huge negative news about bitcoin, hence numerous merchants are unnerved to frame a negative market design.

[gabmen]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

We have good experience of previous halving. I hope that like previous halving will also put a very positive effect on bitcoin price. Although not only halving can support the market, but there are so many other factors which can also put a positive effect on bitcoin price. For example if the ETF is going to accepted I will also be too much good for the market and hope that it will attract the investors back.

Well i don't think we're in such a dire situation that 2020 is our last hope lol. No, there's still a lot things to look forward to in the future beyond the next halving and with recent developments, it seems bitcoin is actually treading the right path. Positive statements for the future from prominent guys like elon musk, if ever an etf approval from sec, wide acceptance, there's a lot of things to be positive about in the future.

[FIFA worldcup]

For sure, mate! I'm positive we will get there. Breakouts require volume and price action. We see Bitcoin is consolidating in the current range, hoping for a nice bull run. So far trading involves risk, and proper risk management must be applied.

This is a consolidation period where the whales are gathering the coins for the future big bull run. We should follow the same and keep collecting bitcoins and altcoins at every dip.

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

Halving is a big hope for bitcoins but definitely it is not the last hope for bitcoins price to rise. There will be much more events like ETF etc which will make bitcoin prices rise.

[deisik]

Am yet to believe that the forthcoming bitcoin halving will be the last of Bitcoin. How on earth will these speculations arise because we all know the importance of Bitcoin halves even in the past. Bitcoin halves are the most important moment in the life of Bitcoiners and to all it enthusiast around the world

It won't be the last one

There will be many more halvings in the future provided Bitcoin survives them all, of course (if that was your point). On the other hand, it may in fact be the last halving in terms of making real effect on the price of Bitcoin as next halvings will become less and less significant as block reward reductions start to get smaller and smaller in respect to the total market supply of Bitcoin (i.e. the number of bitcoins mined to date)

The rise in bitcoin during this period in the history of Bitcoin usually come after the few months from the date of the halve, so, many should not expect the rise immediately but hold till the right time for the demand to soar high before the full halve be initiated. Can't wait to see the forthcoming halving of bitcoin

Some hype, or even plenty of hype, should be expected a few months prior to the halving date (followed by a correction a couple weeks before the actual event)

[ToyotaFortuner]

Perhaps the following dividing will influence the cost of bitcoin, yet very little. Economic situations rely upon the conduct of merchants and purchasers. Dividing makes dealers increasingly sure and that is the thing that causes pattern changes to be certain. Since as of now there is huge negative news about bitcoin, hence numerous merchants are unnerved to frame a negative market design.

I think that will be affected when halving bitcoin happens is from the difficulty level of the mining to get bitcoin which will make the price expensive because supply will be increasingly limited and of course to get bitcoin must require more time and energy so I'm sure this can be a good hope to make bitcoin prices back expensive.

[iv4n]

Perhaps the following dividing will influence the cost of bitcoin, yet very little. Economic situations rely upon the conduct of merchants and purchasers. Dividing makes dealers increasingly sure and that is the thing that causes pattern changes to be certain. Since as of now there is huge negative news about bitcoin, hence numerous merchants are unnerved to frame a negative market design.

I think that will be affected when halving bitcoin happens is from the difficulty level of the mining to get bitcoin which will make the price expensive because supply will be increasingly limited and of course to get bitcoin must require more time and energy so I'm sure this can be a good hope to make bitcoin prices back expensive.

Economy is simple, supply is just one of the factors that affect the price. Demand is other important factor. Price is a reflection of supply and demand, if you change one factor you will change the price. Bitcoin halving will change supply, it's known factor, demand is unknown factor. It has 3 possibilities, to go down, stay the same or go up. First scenario is the worst, with demand that goes down prices will go down, other two scenarios are great, with same or higher demand and lower supply price will go up. I believe that demand will go up and with that prices will go up, and next halving is not our last hope, there will be halving again in 2024. Next halving is my second one with bitcoins, and I will probably be here for next couple halvings too.

[sinta23]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

therefore my hope is this year with the help of users who want to adopt bitcoin that will help bitcoin to experience price increases in recent years

[whirlcoin]

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 also think like that this is the last year for taking higher risk in this field because we are tired of waiting for a long time and this year will also be like that then the percentage of investors will reduced half of today in the next year.

[playboy654]

The answer is yes we are facing the last situation of the hope in the cryptocurrency field if it was not going well then we need to change our thoughts about this field and make some other way of money making if it was not working properly then we are in difficult situation to get our investment back.

[deisik]

Economy is simple, supply is just one of the factors that affect the price. Demand is other important factor. Price is a reflection of supply and demand, if you change one factor you will change the price. Bitcoin halving will change supply, it's known factor, demand is unknown factor. It has 3 possibilities, to go down, stay the same or go up. First scenario is the worst, with demand that goes down prices will go down, other two scenarios are great, with same or higher demand and lower supply price will go up. I believe that demand will go up and with that prices will go up, and next halving is not our last hope, there will be halving again in 2024. Next halving is my second one with bitcoins, and I will probably be here for next couple halvings too

Well, I suspect things are not going to be so simple

Technically, Bitcoin halving is going to change the block reward as such, but whether it is going to translate into a reduction in the market supply is an open question in itself. When the reward was high, we could rationally and reliably expect the market supply to diminish after the halving (some time after the event)

But now that the block reward is already small, the change in it may turn out to be simply insufficient to dramatically reduce the supply of bitcoins to the market. As there can be other factors that may affect supply, instead of reduction we may actually see an increase. To conclude, there are certainly more than 3 scenarios mentioned

[Dreamchaser21]

I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.

therefore my hope is this year with the help of users who want to adopt bitcoin that will help bitcoin to experience price increases in recent years

There’s so many ways to pump the market, if there’s a new improvement with bitcoin it can bring good price. The next halving will be great also but I think this is not our last hope. I agree that the mass adoption is still the key for the growth of this market, bitcoin moves slowly but surely and we will reach it soon.

[TheUltraElite]

There’s so many ways to pump the market, if there’s a new improvement with bitcoin it can bring good price. The next halving will be great also but I think this is not our last hope.

It is not anything to be compared to last hope. There will be ups and down in the market since its based on speculation but yes the long term effect on the deflationary price system is based on the fact that miner subsidy will reduce with each halving effectively controlling the selling pressure. Still that is a long term effect.

I agree that the mass adoption is still the key for the growth of this market, bitcoin moves slowly but surely and we will reach it soon.

Movement wont increase mass adoption. Its about making it popular. Thing is every other altcoin here is popular due the buzz and they buy it because of that. There has been nothing to promote bitcoin in that manner.