Bitcoin 2020 Halving

[Naida_BR]

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?

The effects of the bitcoin halving will be visible 1 year (at least) after the occurance of halving. The individual miners cannot make an impact on the price. If something will happen in the price will happen due to businesses that are active in mining. These actors have the volume not the individual miners who mine 1 bitcoin every 5 months.

I think that in 2020 nothing is going to happen due to halving. I expect a price increase during 2021.

[Clark05]

Once the halving happens in the 2020. They have possible two happens to the bitcoin but mostly the what we want is of course is to increase the price of the bitcoin after halving.  The other one that we don't want to happen to the market is to decrease again. The affecr of halving is possible to experienced before,  during and after halving That'd I noticed in the last few halving happened.

[Barbut]

Once the halving happens in the 2020. They have possible two happens to the bitcoin but mostly the what we want is of course is to increase the price of the bitcoin after halving.  The other one that we don't want to happen to the market is to decrease again. The affecr of halving is possible to experienced before,  during and after halving That'd I noticed in the last few halving happened.

We want rise, we have some bitcoins, we have many altcoins, but we know when bitcoin price rise other altcoins will increase their prices too. What we want and why we want it is one thing, economy is something different. There are some laws and rules and by that when you cut supply and have at least the same demand, and demand can rise too, price will go higher too. That is written here many times by now, I learned that too. I think price will increase after halving, maybe not right away after it, but eventually it will go up, laws of supply and demand, I count on it more than on our wishes.

[sieemma]

I think this whole idea of bitcoin having and price rise is just a speculation that can turn the other way round. We all think block reward will reduce which means miners won't have a lot of bitcoins to sell for their bills and the likes. We should also factor exchange owners who whole a substantial amount of btc and other alts as trading fees. If miners get few bitcoins and exchange owners don't control the way they sell their profits, the halving will be nothing to the price of BTC. In addition, it isn't only these factors that affect BTC's price so we can't just focus on one thing and expect a massive effect on BTC's price.

[AjithBtc]

Once after the previous price peaking on 2017, people expect more growth to happen further. To the expectation there isn't any big price increase, and later the expectation turned towards halving. This is the factor that 2020 halving is under big speculation. The past halving made a big change in the market, expect the same to happen around the days of halving.

[shield132]

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?

Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.

[South Park]

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?

The last time we went through the halving not much happened at first but then after a few months we began to see the price slowly growing, this is because while both supply and demand affect the market they do not do it in the same way, a spike in the demand will make the price to go up immediately but a reduction in the supply is not felt in the market that quickly so prices tend to move more slowly, so I have the tendency to think the same will happen the next time the block reward is halved.

[2chase]

Halving - is a very good reason for bitcoin to increase its value. I am sure that a few months before the onset of this event, the price of Bitcoin will begin to grow. I'm not sure that by the time the halving comes, the price will again reach 20,000, but I thing it's possible.

[tranthidung]

I expect people to be selfish with their bitcoin when halving is set to take place, this will naturally lead to jealous hoarding of the precious digital gold from the current 12.5BTC per block reward to 6.25btc block reward. Although, we still need some good inflow of liquid (money) to the general coinmarket to see a significant bull run. For the guys that have been shouting "death to bitcoin", I just hope they won't take a gun and injure themselves for missing a golden opportunity!

I have almost gone crazy because I don't have more money to accumulate more bitcoin as early preparation for the coming halving in the mid of 2020.
Having more than one year from now till the halving timepoint, so bitcoin will likely not grow soon.
Anyway, it is always better if I can have free money to accumulate at such bottom-price-range, that has not lasted for too long.
Bitcoin won't rise immediately, but it is hard or almost unrealistic to see it stays at such the current very cheap price.

[iMark]

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?

Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.

Of course, when demand rises again the effect will be far greater than last year, with the same conditions as in 2017, maybe we will
get a new ATH, lets buying before that time comes, and keep believing

[Herbert2020]

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?

Yeah that's true but number of bitcoin's that will be mined totally after all time high (20K usd) price can't be considered as significant. So I think demand on bitcoin will rise too and price will reach another all time high after upcoming halving, just remember how it was when in previous situation. For a while price become stable 600$ and then started to rise and rise, kept thatvway until it reached 20K.

Of course, when demand rises again the effect will be far greater than last year, with the same conditions as in 2017, maybe we will
get a new ATH, lets buying before that time comes, and keep believing

the halving and its hype is such a bizarre and unpredictable event because it is "hype" so before halving either we are already close to ATH which means we can see a new ATH or we are far from it which means we only see a small bubble which will burst right after the halving and then we pick up rising from there like last time.

[slocker]

Halving - is a very good reason for bitcoin to increase its value. I am sure that a few months before the onset of this event, the price of Bitcoin will begin to grow. I'm not sure that by the time the halving comes, the price will again reach 20,000, but I thing it's possible.

Halving is very unpredictable event. We see that in past we have gathering and pumping for the higher possible price many sell other try to buy. This is cycle that been here from begging and it will be for the long time. So possible that you are right and that starting price could be that but if somehow dont happen this and price remain calm and after few month price go boom.

[mbsyahia]

yes I think its going to affect the price and it will go up if not the mining will not be profitable

[wuvdoll]

I still wonder how the difficulty will be like, I know it will affect the miners in a bad way and that is why the price should go up but the idea that price should go up because of the difficulty increase isn't really that logical.

I mean think about it if you have 1 difficulty and mine 1 bitcoin when difficulty increases to 2 (I know its not difficulty that is increasing its rewards halving) and mine 0.5 than there is no point of keep mining so people will leave which will make difficulty drop again. So, all in all I feel like when halving happens and miners make less money some of them will leave and when they leave difficulty will drop and when difficulty drops the amount of money you make could stay same or not change at all.

Instead of mining 2 and getting 1 you will mine 1 and get 0.5 which if you double is the same. I think all this comes down to how many miners will leave when halving happens, if not many than yeah price could increase but if many leaves than price could stay same.