Bitcoin Block Halving count down

[Artemis3]

I see the halving differently. I mine, and used the last 3 months to essentially max out what I can do from home. I wanted to get as much gear up and hashing as I could before the rewards are reduced. I've never been through a halving before and really don't know what to expect. I am planning on trying to accumulate as best I can but there's always a need to cash out at least a portion of my rewards. This will either be a catalyst for a proportional price increase, or drastically change the Mining landscape. Either way I will have some cold months where I can mine forever.

Its not going to be proportional, even if it may look like that temporarily at first. You would be wise to start reducing your mining operation if you are already large (diversify your portfolio, invest elsewhere, or go solar/wind instead of pure asic mining purchases).

If bitcoin is 8k at the time of halving, don't expect it to go 16k next day, something like 12k or less would be about right.

That is without taking into consideration even more efficient miners rising that diff up. In the aftermath price might be even go down and kick a bunch of miners out (again). It is also wise to not spend everything, keep reserves. Don't live on the margin like most miners do, if you are unable to survive without a PPS pool administering your profits, then you are in trouble.

I think you are accurate to think the most profits will be made right before the halving, then assume some slump afterwards before things become attractive again, but not as much as the previous halving.

[killat]

Bitcoin seems to be cyclic in nature, historically bullruns occurred after the block rewards halve and after FOMO starts to psychologically drive the market. Nowadays there are far too many external factors to determine when it might actually start, but we might see further movement the more we get close to the halving.

[Steamtyme]

Its not going to be proportional, even if it may look like that temporarily at first. You would be wise to start reducing your mining operation if you are already large (diversify your portfolio, invest elsewhere, or go solar/wind instead of pure asic mining purchases).
If bitcoin is 8k at the time of halving, don't expect it to go 16k next day, something like 12k or less would be about right.
That is without taking into consideration even more efficient miners rising that diff up. In the aftermath price might be even go down and kick a bunch of miners out (again). It is also wise to not spend everything, keep reserves. Don't live on the margin like most miners do, if you are unable to survive without a PPS pool administering your profits, then you are in trouble.
I think you are accurate to think the most profits will be made right before the halving, then assume some slump afterwards before things become attractive again, but not as much as the previous halving.

I might have agreed with you about reducing my operation instead of maxing it out if we were maybe 3 months away. Taking into account Diff adjustments and everything else I stand to have my little farm paid for well before the halving. This way I can weather the storm and see what happens. Not to mention I run free in the Winter for anything I can get into my house ~ 60 Amps. That was the part about being able to do something forever.
I definitely don't expect anything to happen over night but I'm expecting a weird 6 weeks with a lot of unknowns at play. I con't mine PPS and don't expect that to change anytime soon unless they choose to shutdown for some reason; which is unlikely. Diversifying is always good advice, even that though carries the same risks, I have a small spread of crypto and plan on keeping it that way. Either way we'll see what happens, I'm more interested in seeing the overall event and effect than worried about future plans.

[pushups44]

https://www.bitcoinblockhalf.com/

365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?

Start hoarding BTC now and let's see how everything goes next year.

What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.

Very nice. I also have that website bookmarked. The pressure is indeed on the shorts and skeptics as the next halving event will reinforce the scarcity of bitcoin - with half as many bitcoins mined with each block. I am expecting another parabolic rise, but bare minimum bitcoin should demonstrate exceptional performance compared to other assets by the next halving.

[traderethereum]

https://www.bitcoinblockhalf.com/

365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?

Start hoarding BTC now and let's see how everything goes next year.

What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.

Very nice. I also have that website bookmarked. The pressure is indeed on the shorts and skeptics as the next halving event will reinforce the scarcity of bitcoin - with half as many bitcoins mined with each block. I am expecting another parabolic rise, but bare minimum bitcoin should demonstrate exceptional performance compared to other assets by the next halving.

We need to wait for the halving will happen.
I am curious with how higher the bitcoin price can reach because, in the last year, we already saw the bitcoin price can reach almost $20k, so this time, I guess that the price could reach more than $20k.
I hope that in this year, the price will start to rally to the higher price so it will attract more people to invest in bitcoin and I am sure that they think that they can make another profit from bitcoin.

[xvids]

Yes we still have 1 year before the halving,1 Year to continue on holding and investing in Bitcoin.
I think this is our time to invest while it is low and there should be no more reason for us to regret it once it is having a high value again,
People complains when they miss the chance and ignore the chance when they could.

[piebeyb]

https://www.bitcoinblockhalf.com/

365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?

Start hoarding BTC now and let's see how everything goes next year.

What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.

I also discussed that with this thread

I think everyone might remember that it always happens every halving, even dismissing the hypocrisy that every bitcoin price jumps sharply over a year after halving, the incident has happened up to 2 times since the year
2012 - 2013
2016 - 2017

I think it's possible next
2020 - 2021

[Pursuer]

365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?

haha my plans have never changed with things like halving, ATH, ATL, bubble pops, under price levels,... the plan has always been to dump my extra money lying around to increase the amount of bitcoin that I own slowly while taking small risks and I will continue doing that.

What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.

the price rise in 2017 was only part of the halving related price rise though. the real rise started in early 2016 before the actual halving and then stopped and the bubble of that time popped during the halving causing a short bear market and then the rise began slowly reaching to a new high before 2017 even began and then the momentum kept growing.

the new ATH I see is somewhere close to $100k this time.

[Artemis3]

Its not going to be proportional, even if it may look like that temporarily at first. You would be wise to start reducing your mining operation if you are already large (diversify your portfolio, invest elsewhere, or go solar/wind instead of pure asic mining purchases).
If bitcoin is 8k at the time of halving, don't expect it to go 16k next day, something like 12k or less would be about right.
That is without taking into consideration even more efficient miners rising that diff up. In the aftermath price might be even go down and kick a bunch of miners out (again). It is also wise to not spend everything, keep reserves. Don't live on the margin like most miners do, if you are unable to survive without a PPS pool administering your profits, then you are in trouble.
I think you are accurate to think the most profits will be made right before the halving, then assume some slump afterwards before things become attractive again, but not as much as the previous halving.

I might have agreed with you about reducing my operation instead of maxing it out if we were maybe 3 months away. Taking into account Diff adjustments and everything else I stand to have my little farm paid for well before the halving. This way I can weather the storm and see what happens. Not to mention I run free in the Winter for anything I can get into my house ~ 60 Amps. That was the part about being able to do something forever.
I definitely don't expect anything to happen over night but I'm expecting a weird 6 weeks with a lot of unknowns at play. I con't mine PPS and don't expect that to change anytime soon unless they choose to shutdown for some reason; which is unlikely. Diversifying is always good advice, even that though carries the same risks, I have a small spread of crypto and plan on keeping it that way. Either way we'll see what happens, I'm more interested in seeing the overall event and effect than worried about future plans.

If you are 60amps you are small. My message is more meant for some of the monsters lurking the forum... You look fine indeed, compared to them. I think you have a bigger chance to survive than them, especially if you look into renewables, which is a long term investment (but no batteries please).

[BitcoinHodler]

I also discussed that with this thread

I think everyone might remember that it always happens every halving, even dismissing the hypocrisy that every bitcoin price jumps sharply over a year after halving, the incident has happened up to 2 times since the year
2012 - 2013
2016 - 2017

I think it's possible next
2020 - 2021

the "history" is going to be a strong factor this time. if it were last year i would have said there is no reason for its repetition but now i say this with confidence because last year it was proven that people want the history to be repeated otherwise there was no reason to have over a year of bear market with 85% drop. it only happened because people kept comparing it with last time and wanted it to repeat.
it will be the same for halving too. they will repeat the same thing for the same reasons and when the momentum is gained it can not be stopped and we will see at least $100k this time.

[okala]

The much anticipated bitcoin halving is just one year ahead and we as a community we are set for this all time event which have left most of us optimistic that the halving is going to lead to a major rise in the price of bitcoin and can start holding from now to be among those that will benefit from this all time price movement in the future.

[monalia]

I was seeing the halving time in 2016 and after that time onwards bitcoin and all the crypto currencies went to big growth in the market. This may do the same with the next year as well?
I believe we need special speculation thread for halving alone and that should push the price to increase the marketplace growth.

[MonsterV]

I have saved a few bitcoins since last year when the price dropped. I know when bitcoin halving arrives it will be a surprise to me. And this will be my biggest investment.

I don't know if there are many people like me, but it seems like people trade more daily. But yeah, hopefully they will experience a surprise when Bitcoin Halving arrives.

[Jating]

365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans?

Based on it's past halving, yes, this could be the final catalyst for another all time high in 2020-2021.

What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017.

Conservative estimates? $30k-$50k would be a good price for everyone.  . I'm sure everyone this time will be prepared as compare to 2016. I mean that time we haven't had the same numbers of crypto enthusiast. But today it seems that everyone is really jumping on the bandwagon again.

[Pamadar]

I was seeing the halving time in 2016 and after that time onwards bitcoin and all the crypto currencies went to big growth in the market. This may do the same with the next year as well?
I believe we need special speculation thread for halving alone and that should push the price to increase the marketplace growth.

Witnessing that last halving that happened last 2016, anticipations coming from the wide audience of this market really increase that the value will rise high, this types of news really have an impacting effects not only with the traders and investors but also with spectators who's always taking chances to this market.

[Kiefner]

That's what I'm doing now. I know what is ahead positive dynamics and I'm trying to accumulate more and more bitcoins until I have the time.

[hahahafr]

Bitcoin halving would take place next year and that is why many people are speculating that the price of bitcoin will surely reach another all time high price again. It would be a good idea to hold some bitcoin before the halving dawns on us.

[dark08]

Bitcoin halving would take place next year and that is why many people are speculating that the price of bitcoin will surely reach another all time high price again. It would be a good idea to hold some bitcoin before the halving dawns on us.

The last 2016 halving for Bitcoin make a good pump up thats why most people think this coming 2020 halving will be good run but this is only speculation since we cannot predicted if Bitcoin will be back to its all time high or touch at least $10,000.
I'm also hoping this 2020 halving the price back to its Ath or higher to make a good profit after losing so much to this long run bearish trend.

[partysaurus]

That's what I'm doing now. I know what is ahead positive dynamics and I'm trying to accumulate more and more bitcoins until I have the time.

same here, puting all my spare money into btc , think this will be worth alot more in the future, and i cant wait for that future

[Eraldo Coil]

Hi guys, this is my first time hearing about this bitcoin block halving thing. So from this, what do you guys can infere from this halving thing? Does that mean that a bullish market could come if the supply gets halved? What are the advantages and disadvantages and of this occurrence and who controls this?