Bitcoin Halving Countdown and Other Data

[alyssa85]

There won't be any instant price jump after halving, like some people imagine, because halving is a well-known and predictable event, it has been priced in already. Markets are not some mindless mechanisms that instantly react to change, it's just manifestation of thousands of real human choices, and humans plan ahead. The last time I've witnessed a halvening, the market started growing months before it happened, and then continued to do so for many more months. I'm not going to say that it will be exactly the same, but we need to think about effects of halvening over long periods of time rather than just one time.

Also - if there isn't a price jump, some of the miners will come under considerable stress as their income drops. It remains to be see whether the halvening helps bitcoin or this time is it's nemesis.

[NavI_027]

The last time I've witnessed a halvening, the market started growing months before it happened, and then continued to do so for many more months. I'm not going to say that it will be exactly the same, but we need to think about effects of halvening over long periods of time rather than just one time.

Ah I see, thanks for sharing mate. If the history will repeat itself then we still have plenty of time for coin hoarding and probably the best thing to do is to hodl for a little bit longer after the event.

By the way, i saw a video on youtube recently and it is all about what to expect on the upcoming bitcoin halving. Let's watch it. I hope it helps .

[Google+]

I can't wait to enjoy the halving bitcoin that will happen, because surely the price of bitcoin will experience an increase in price, the strong influence of demand and the effect of the total results for the mining that will have a little impact on the price of bitcoin.

[DAVETUN]

The upcoming Bitcoin halving  fundamental is quite strong to have an impact on the bull run, but I feel other  factors outside the cryptocurrency space to will have an impact on the price, global economic factor, recession and the adoption of Bitcoin and cryptocurrency platform by global leaders is a major determining factor that lots of speculators do not consider.

[1Referee]

Also - if there isn't a price jump, some of the miners will come under considerable stress as their income drops. It remains to be see whether the halvening helps bitcoin or this time is it's nemesis.

That's not a problem at all. Nowhere does it state that we have to please miners by pumping the price just to keep them on board. If they aren't efficient enough, they'll be forced to either mine at loss until their financial buffer runs out, or they will stop immediately and wait for the price to recover.

The hashrate has yet again gone well ahead of the price action just like it did back in 2018. Time will tell whether the situation is different now in terms of price action, but it wouldn't suprise me if we see the hashrate take a 25ish % dive over the course of a few months if the price plummets. The decending triangle that we're in suggests move of $4000 up or down.

Miners will either jump off the ship or celebrate having made a good decision to increase the scale of their operation.

[SirLancelot]

I can't wait to enjoy the halving bitcoin that will happen, because surely the price of bitcoin will experience an increase in price, the strong influence of demand and the effect of the total results for the mining that will have a little impact on the price of bitcoin.

Bitcoin would have started having some increase even before the halving, so the halving might not even come with much surprise. The halving is slated for May 2020 I think, and for the last quarter of this year I think that bitcoin would start its bull run again like it did in that April, and it would do this to next year till it goes sideways for other altcoins to experience their own surge also.

Although the halving will still have its own effect, but I have learnt not to rely on halving again as factor after the halving of Litecoin really failed as my investment in Litecoin is still the same way it has been for a very long time now, and I remember that people were believing that halving bull run with start, but seems that is not how it works really.

[fullhdpixel]

The amount of mined coins dropping will have a lot of affects on our current system.
People are focusing on the halving itself as a date but they are forgetting that it will be like that for years which would have a lot of affects.

For example, having 900 bitcoins instead of 1800 mined everyday may not affect it right on that date, miners may have some extra, however eventually those extra will run out (I assume 2020 late summer but some say it can hold until 2021) but eventually when it runs out there will be a big price increase because the miners will want to make the same amount of profit whereas they will have less bitcoins that they mined which is why they will want to sell it for x2 to keep making the same amount of profit. It's simple maths.

[jsizar]

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

[fiulpro]

Well you should understand that no matter what with the demand and supply rule it is kind of 💯 that the price of Bitcoin will just increase if their demand if more and availability of bitcoins is less ..I don't know why are people scared of this ...it is only good for us .
We can always trade Bitcoin in minimum ratio using Satoshi's and others when the price is high therefore I think it is not a bad thing .
We are just getting close to something that everyone was kind of waiting for am still not sure if developers would add more and more Bitcoins in the supply chain since Mr. Satoshi haven't even shown his face yet and we are not yet sure if he still wants to engage in this and the team members are supporting other coins and all .
Who knows .

[redsun114]

The difference between the halving and difficulty increases will be the biggest tell of all, if the difficulty gets to a place that the mining world becomes more of a monopoly than we are in big trouble and the price may not go up too much, if there is so much difficulty that the big whale miners like Jihan Wu and all mine 90%+ of all coins than there is really not much we can do about the price since those guys will keep making profits while all the minor ones (and I mean dudes with a thousand miners will be small time) will not be able to make profit due to high difficulty so they will have to leave.

We gotta come up with a solution that would both help out the smaller miners but also not hurt the big miners too much as well and I have no idea what that could be. Otherwise we are not looking at a big price increase.

[1Referee]

We gotta come up with a solution that would both help out the smaller miners but also not hurt the big miners too much as well and I have no idea what that could be. Otherwise we are not looking at a big price increase.

I don't think we need a solution, but just enough economical incentive for miners to have them prioritize long term prosperity of the network over a short term gain by being a piece of scum.

Jihan and the rest of Bitmain control less hashpower than the charts make it look. Also, BTC.com and Antpool have lost around 5% of their hashrate share to other pools in the last couple of weeks. If they keep losing share, smaller miners will then shift to other pools because they find more blocks on a daily basis and thus are more profitable to point hashrate to.

I don't think the mining distribution has been this fair in the more recent years. It's only getting better.

[Kemarit]

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

You can't compare BTC and LTC with regards to halving. LOL.

Based on BTC past performance, it is really a catalyst for a new All-time-high, it's just a question how big it is going to be and how long are going to achieved it.

First BTC halving, it took us, more than 500 days to reach a ATH. From $2 to $270, do that math how much gain we have.

Second BTC halving, took us 1000++ days, from $160 bottom to 2017's peak at almost $20,000.

So in a hindsight, a 12,000–13,000% increased from the last bottom of pre-halvening to the peak of post-halvening.

[Ridwan Fauzi]

I can't wait to enjoy the halving bitcoin that will happen, because surely the price of bitcoin will experience an increase in price, the strong influence of demand and the effect of the total results for the mining that will have a little impact on the price of bitcoin.

I don't think so, this event will not give a little effect for the price of bitcoin but it surely will give a high efect to the price of it. Don't you remember when the halving was coming at 2016 ago? Its price was up until 1000%. Although it was happened in the early of 2017 but I think it is because the halving event.

Moreover when the halving event comes there will be many adoption for bitcoin. Which is mean it will makes the price of bitcoin will up as well. Such the current situation bakkt will launch their system at 23 september and we all know that the information has been been waiting form all the user. So, just my prediction the price bitcoin will up when the halving event comes.

[odolvlobo]

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

You can't compare BTC and LTC with regards to halving. LOL.

Why not? The reasons that people give for a rise in Bitcoin's price should also apply to Litecoin.

[btc_angela]

We gotta come up with a solution that would both help out the smaller miners but also not hurt the big miners too much as well and I have no idea what that could be. Otherwise we are not looking at a big price increase.

Mining is business, so I don't know if you are willing to help your competition, just saying. Mining companies for sure will released better machines to cope with the next bitcoin halving. So if smaller miners wanted to stay in the game, they need to better equip themselves here. As for the halving, everyone here is in a competition to earn more bitcoin so the price could really trigger a massive growth after the halving.

[EdenHazard]

There is a price chart, with line breaks on halving days. There is interesting fact that on halving days, bitcoin price does usually not surpass it previous all time highs, but I do hope bitcoin will change its history with halving in 2020 because it seems bitcoin has stronger communities globally and bigger demands as well as blockchain and crypto currencies have not yet strange terms for people.

Such an optimistic chart you've got there  

I really love to see it , but prefer to anticipate the worst thing could happened after the halving. I have no specific reason actually... just try to make a careful move that the mining rewards could make miners losing interest and at some point the current price of bitcoin could be considered as too high ... while some people impatient to see a higher price they are selling it piece by piece especially when the breakout unlikely happened quite a while.

I know everyone would choose to think like " the less supply distributed and the more people wants bitcoin  ....  the price of bitcoin to spike is inevitable. "

Do you think guys those pattern would repeated ? I have no idea.

[darewaller]

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

We can only hope and I too believe that it is just the believe of the people that mining will help bitcoin price increase in 2020 and not because we are completely sure, many of us speculates a lot and we just speculate what we fell will be good for people and would change their mentality toward it.

Do you know what will really boost the price of bitcoin in that 2020, It may not even be the halving reward of miners, but the mentality of people towards it is what will boost the price. You will see that by march, people would have started preparing for the halving and the way they prepare is to start investing in it with the believe that the halving will make the price of bitcoin surge which will surely so through their own investment including me at that time, because no one wants to take the chances.

[Mahanton]

We gotta come up with a solution that would both help out the smaller miners but also not hurt the big miners too much as well and I have no idea what that could be. Otherwise we are not looking at a big price increase.

Mining is business, so I don't know if you are willing to help your competition, just saying. Mining companies for sure will released better machines to cope with the next bitcoin halving. So if smaller miners wanted to stay in the game, they need to better equip themselves here. As for the halving, everyone here is in a competition to earn more bitcoin so the price could really trigger a massive growth after the halving.

We don't know whats the reason on helping hands but it isn't really that bad though but thinking of competition it isn't really that ideal to help out
specially if you do target out on making yourself ahead above the rest.We've seen on how miners do evolve as the years passed by which is just normal
to think on yet we do see on our own eyes on how difficulty do rise up.How much more on halving events? The more harder to mine bitcoin.

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

We can only hope and I too believe that it is just the believe of the people that mining will help bitcoin price increase in 2020 and not because we are completely sure, many of us speculates a lot and we just speculate what we fell will be good for people and would change their mentality toward it.

Do you know what will really boost the price of bitcoin in that 2020, It may not even be the halving reward of miners, but the mentality of people towards it is what will boost the price. You will see that by march, people would have started preparing for the halving and the way they prepare is to start investing in it with the believe that the halving will make the price of bitcoin surge which will surely so through their own investment including me at that time, because no one wants to take the chances.

I cant really deny that Mentality with some sort of mix emotions will be also a driving force on bitcoins price on next years event.
We have seen on how the market reacts with these kind of events specially Bitcoin is heavily been supported by the community.

[TravelMug]

Are you sure guys that halving will pump btc?
Look at ltc nothing has changed

We can only hope and I too believe that it is just the believe of the people that mining will help bitcoin price increase in 2020 and not because we are completely sure, many of us speculates a lot and we just speculate what we fell will be good for people and would change their mentality toward it.

Do you know what will really boost the price of bitcoin in that 2020, It may not even be the halving reward of miners, but the mentality of people towards it is what will boost the price. You will see that by march, people would have started preparing for the halving and the way they prepare is to start investing in it with the believe that the halving will make the price of bitcoin surge which will surely so through their own investment including me at that time, because no one wants to take the chances.

The price boost may not happen in 2020, but it will be a continue pump till 2020 and beyond. We are just talking about 2020 because that's when the block halving will occur.

However, the parabolic growth could go beyond after that, perhaps three to four years before we can finally see a new all time high.

[tonyvo2017]

Bitcoin dropped the price very strongly before the halving event took place! This is really a very bad volatility and shows that manipulative organizations are selling their bitcoins a lot in the past few days. They seem to have left bitcoin.
Like Litecoin Halving, no one expected it to be so heavily discounted after the event. So is mining coin coming to an end? Why would anyone leave it?