Bitcoin 2020 Halving

[pawanjain]

Logically speaking, after every halving, there are less number of bitcoins that can be mined which means the supply is going to exhaust.
If the supply is exhausted then there will no new bitcoins that can be sold. Hence the demand will increase over the time.
So logically, every halving should increase the price of bitcoin creating an increase in demand and I hope the same happens in 2020.

[muhtesem]

Instead of counting the days you spend on the bear market, I recommend you count the days remaining to the halving. This picture will lead you to optimism day by day, My guess  When bitcoin is halving,  The bitcoin price will be at least $ 10,000.

[SafeSpell]

It will increase the price because there will be less Bitcoins available. There are 1,800 bitcoins created every day, when it's halved, then only 900 will be created. The less Bitcoins available the more the price will move up. It's why when the government prints more money the fiat currency's value goes down.

If you look at the last 2 halvings, the price jumped after it occurred.

[AjithBtc]

People are much focused on series of events scheduled to happen from now onwards till halving. Few of which were the Bakkt, Litecoin hardfork, halving and few others. It is predicted that the growth will get initiated by now on continuing to the days of halving making it grow to the peak price.

[awawo]

I don't think the whole of the 21 million bitcoin would have been mine before 2020 when the halving will take place and even at that the event is still going to make a remarkable point in the price of bitcoin. And the market is going to be facing a great facelift by then.

[demenBTC]

it makes sense if the offer will slightly increase the price, but it all depends on how large the order is, the market situation is very bleak and many investors stop because this is long enough, all hope 2020 is the recovery target of bitcoin value and will this really happen?

[mrdeposit]

The halving process is going to give less reward for each block and mining profits will decrease proportionally. I doubt, this event will be a reason for the bull trend but surely it will affect the prices. I am planning to buy BTC with high amounts before the event and hope to sell for more profit  after the halving. Let's see how it will end.

[crzy]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Many expect for the price to pump high as we get closer to reach the limit on supply. Many speculation about the next halving is good so i think i need to be ready on this one. There’s still no assurance for the price to rise but if you do believe on bitcoin, you will increase your holdings now.

[kryptqnick]

the effect of halving has always been 2 types which actually happen in two different time frames.

1. the hyped up effect.
this effect is short term and has been big in the past two times  and it occurs before the halving, usually in less than a month to the actual date. and price starts a big rally by then and since this is a hyped up event we will see a mini bubble which bursts and goes away.

2. the actual effects of having less new coins be created
this is the long term effect which starts after the halving, usually a month after the reward was cut in half. and this is the real deal and is much bigger than the previous one and since there is no hype involved anymore the rise is going to be sustainable.

This makes sense, but while that hyped up effect is rather likely to happen, being driven purely by anticipation of the better times, the second thing is not bound to happen. Similar logic was used to argue that Bitcoin won't go below $6k but it did anyway. People said that if bitcoin's price goes lower, mining will not be profitable, so that won't be the case. However, the price dropped, mining did become unprofitable, many miners simply left the business broken and here we are. Nothing prevents the same thing from happening in 2020 with miners leaving the market, difficulty adjusting accordingly and halving not driving price up long-term.

[BeManga]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

halving always affect the price because miner will only get smaller amount bitcoin
the price of bitcoin need to match the power comsumption of the miner with small profit

[sunsilk]

Take a look at the charts where halving occurred, most of those days the price of bitcoin has increased. Mining difficulty will increase and reward will be lesser in result, demand and price will increase.

That's how the bitcoin economy works and this is what we're all waiting and not with those institutional money or ETF proposals because there's no assurance with it. But with halving, we have higher chance to see what we want to see.

[Oceat]

Instead of counting the days you spend on the bear market, I recommend you count the days remaining to the halving. This picture will lead you to optimism day by day, My guess  When bitcoin is halving,  The bitcoin price will be at least $ 10,000.

Each halving takes 4 years, i think that would be too much to think and count each day before the halving. Why not make those days progressive instead of waiting and counting. Accumulate Bitcoin each day if as long as you can afford then buy back those coins that you have lost before and start hodling them until the halving and bullish market starts.

[fronti]

Instead of counting the days you spend on the bear market, I recommend you count the days remaining to the halving. This picture will lead you to optimism day by day, My guess  When bitcoin is halving,  The bitcoin price will be at least $ 10,000.

Each halving takes 4 years, i think that would be too much to think and count each day before the halving. Why not make those days progressive instead of waiting and counting. Accumulate Bitcoin each day if as long as you can afford then buy back those coins that you have lost before and start hodling them until the halving and bullish market starts.

to be precice, the halfing is not counted in years or days but in blocks.
every 210 000 Blocks will be a halfing of the block reward.
This is aprox 4 years but it changes as the 10 minutes fore each block may vary and even with the difficulty adjustment process you have variances in the times for the blocks..

but one or two days difference is not too much

[keanne_isaac]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

I'm not sure how this would impact the price of bitcoin but for the miners this means s lot. The bitcoin they would mine would be decrease by half and if the price would not goes up this could have s negative impact to miners then.

[perla]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

From every halving that already came, it can boost bitcoin price because a lot of people think supply will reduced and demand  will be increased. Only because supply and demand theory already can pump bitcoin price.

[pranaja]

The growth of tokens will be small but exponential to reach one million by December 2020

[adil29]

Bitcoin is a system where its price is determined by its demand and supply.It is impossible to predict the price of Bitcoin.Of course, the effect of the halving. Direct identity of Bitcoin can result in two things that are a good and worth, but so far we have seen well, but by 2020, the price of bitcoin may not increase too much because it can not be predict.But I think the price of Bitcoin should be $ 10000 by 2020

[KingScorpio]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower

that depends weather the world will still care as much about bitcoin as before, you are doing an assumption of constant significance.

[pooya87]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

From every halving that already came, it can boost bitcoin price because a lot of people think supply will reduced and demand  will be increased. Only because supply and demand theory already can pump bitcoin price.

that is only a small period of time when the market is too hyped up and price jumps for about a two or three weeks before it comes down. each past two halvings was exactly like this. it has nothing to do with supply, it is jut people getting too excited for no reason.

the real rise has always came AFTER the halving. because it is then that NEW supply is actually being halved from 1800 BTC/day to 900BTC/day.

[BlackPanda]

85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?

When Bitcoin is increasingly in demand, the price of Bitcoin will increase. In 2020 it is estimated that all Bitcoin will be finished mined and at that time there will be no more mining Bitcoin, everyone will focus on using Bitcoin in life, this is the reason why the price of Bitcoin will continue to increase in the future.