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Author Topic: Why will BTC halving stimulate price growth?  (Read 719 times)
gabbie2010
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January 13, 2020, 05:26:08 AM
 #61

Every 4 years, the block reward drops in half, which is commonly known as the halving event.

The current block reward is 12.5 BTC being minted roughly every 10 minutes.

After the halving, only 6.25 BTC will be minted every 10 minutes.

This means that there will be fewer coins being sold by the miners.

Supply drops, demand stays the same. Price goes up.
To cap your reasons up or in addition I am basing my judgment and fact on price growth of bitcoin in the aftermath of halving that price history repeat itself, having scanned through previous halving with charting analysis shows how price grows and pumped after halving of bitcoin in the previous years to prove a point that supplies drops while demand exceed supplies invariably pumps it price.

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January 13, 2020, 08:33:42 AM
 #62

I predict that the halving won’t affect the price all that much. There are already so many bitcoin in the ecosystem, and the halving will just slow down the rate of new bitcoins.

Regulatory controls, new platforms supporting bitcoin and an increased rate of new users (and investors) will probably be the main driver of bitcoin price growth.
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January 13, 2020, 09:08:07 AM
 #63

I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.

What is the logic behind this?

Using basic logic, we can say that halving is the day awaited by all holders or short-term and long-term bitcoin investments because when prizes are smaller and demand is greater, it is very likely that the price of bitcoin will move higher and at a very step quickly approaching the highest level by the end of the year is reduced by half.

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January 13, 2020, 09:26:25 AM
 #64

I predict that the halving won’t affect the price all that much. There are already so many bitcoin in the ecosystem, and the halving will just slow down the rate of new bitcoins.

Regulatory controls, new platforms supporting bitcoin and an increased rate of new users (and investors) will probably be the main driver of bitcoin price growth.
If you're going to reduce the supply in half surely the market price of bitcoin is going to be affected for surely it will result to an increase in the market price since the demand and supply is not going to balance even today compare it if you are going to make the supply in half but for sure it was just the market price that is going to be affected it is still the same. Theoretically it will be difficult to get bitcoin at that rate and market price could already be double.
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January 13, 2020, 09:55:29 AM
 #65

When supply drops, and demand stay the same, prices will rise, that is what will happen if Halving. We know that the current block reward is 12.5 BTC being minted every 10 minutes and after halving only 6.25 BTC will be minted every 10 minutes.That means that there will be fewer coins being sold by the miners.


This will lead to miners to decide between two possible options, to sell their BTC reward for a higher profitable price, or to remain with the price but continues to mine but will surely lead to them to realize that their profit wasn't enough to pay for the electricity bills they have and might turn out to them selling their mining facilities and leaving the market.

Any two could happen but what surely does is expected, is to see the people in cryptocurrency space like us to lead the market in higher price considering the positive option that miners could choose.
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January 13, 2020, 01:03:17 PM
 #66

This is the period where supply is low and the demand stays the same. So most probably the price goes up. Maybe this time most people are investing in the half of the year from the last six months they earned. And midyear is a good time to invest to have at least another six months to make it grow. That's only my thoughts. But I know there are other depth and technical reasons as well.

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January 13, 2020, 01:06:48 PM
 #67

I firmly believe that it will happen again, but it still depends on many different factors.
First, is the money that large investors continue to pour in to increase the value of bitcoin? Next is the bitcoin mining activities continue to take place or not?
There are currently a number of bitcoins that are not trading and it has been in major wallets for the past year.
The scarcity of bitcoin available in the market does not need to be halving. But halving is a big event and it stimulates us to buy bitcoin.
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January 13, 2020, 01:34:34 PM
 #68

I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.

What is the logic behind this?
There might be basic concept behind the logic of bitcoin expecting a bull run by may 2020. Peoples have already experienced a bull run and as per the financial year 2017.

Actually, in the month of April the salaried individuals are asked to send their yearly statements to the Income Tax department and it might be a basic reason behind why the whales are expecting May to bring the bull runs because after peoples auditing their financial statements for the academic year, they could move their funds into cryptocurrencies which might perhaps save their taxes by hiding the actual amount of capital they hold from the governments as cryptocurrency transactions can hardly be traced which might give them a ease to store their funds into.

It turns out to be a global cause and it caused the price pump faster bringing us into the bull runs.

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January 13, 2020, 03:50:49 PM
 #69

I predict that the halving won’t affect the price all that much. There are already so many bitcoin in the ecosystem, and the halving will just slow down the rate of new bitcoins.

Regulatory controls, new platforms supporting bitcoin and an increased rate of new users (and investors) will probably be the main driver of bitcoin price growth.
If you're going to reduce the supply in half surely the market price of bitcoin is going to be affected for surely it will result to an increase in the market price since the demand and supply is not going to balance even today compare it if you are going to make the supply in half but for sure it was just the market price that is going to be affected it is still the same. Theoretically it will be difficult to get bitcoin at that rate and market price could already be double.
Indeed, cutting down the supply leaves the value remaining to the ones that are left which causes price increase when there is low supply. furthermore, the increase in demand due to the low allocated price could stimulate a price increase. That is why the halving which will happen this year will potentially cause a price increase on bitcoin.
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January 13, 2020, 04:14:07 PM
 #70


Many people are confident that this event will trigger the next bull run.

Between who them that coin halving will result in price growth of BTC? It’s just a speculation that due to halving in coin reward per block will take BTC price up. This prediction may or may not be true. Based on previous predictions I don’t think this will go true also.

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January 13, 2020, 04:42:40 PM
 #71

I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.

What is the logic behind this?

imagine the cost to mining 100bitcoin diffirent with the cost before halving example :
before halving : 100bitcoin need 4 block (25btc/block)
after halving : 100bitcoin need 8block (12.5/block)

that's the diffirent timing, you can get this logic to cost of mining too.
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January 15, 2020, 03:18:17 PM
 #72

One reason is that halving will cut down the supply of new bitcoins coming into the pool and if demand of bitcoin increases then price will surly go up. It’s just a speculation there is no confirmation that price will go up. Now scenario is totally different then previous halving.

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January 15, 2020, 03:35:18 PM
 #73

I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.

What is the logic behind this?
The reason why the halving will make the price of bitcoin become higher it is because it will lessen the supply of bitcoin into half. If that happens the demand of the consumer will be much more higher than the supply that will cause of it to have a price growth. That is how halving will work sooner or later. Lets just hope that after the halving, bitcoin price will be 20000$.

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