The 2020 Next Bitcoin Halving vs The 2016 One

[cryptozink]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

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[Astvile]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

We can just only hope but we can't expect that bitcoins price movement will be the same as last 2016 halving. The situation back then is really different from now, and there are many factors that are needed to be considered right now before we speculate that bitcoins price will double or even pump during next year's halving.

[btc_angela]

We can't just compare previous halving in my opinion. The situation is totally different, data is still small, and it's going to be harder, I mean to totally double the price it will took lot of money to come in the market. So most probably after next year's block halving, I'm not expecting a sudden jump, the price doesn't work that way, we really need some fundamentals to really push the market to even try to get in $20k, our last all time high during the bull season.

[Slow death]

In the crypto world things like halving always cause a big price increase, but the problem comes after the halving that price goes back down a lot. If we look at the past scenario and the current one realizes that today there are many people who are buying bitcoin, then it is possible that the impact of this halving is greater than the impact of the past halving.

We can just only hope but we can't expect that bitcoins price movement will be the same as last 2016 halving. The situation back then is really different from now, and there are many factors that are needed to be considered right now before we speculate that bitcoins price will double or even pump during next year's halving.

We recently saw the price go from $7400 to over $9500 in a few days (I think it was in two days). That's why I believe the price can easily double.

[Tipstar]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

Can't say about the x2 jump but we certainly can expect a good rise in price in 2020 halving as another popular coin Litecoin made a very good price rise even in the bearish market. The market seems to be improving and bitcoin are being bought by large whales. The halving would naturally create a scarcity of new coins from miners on the market and lead to price rise.

[cryptozink]

Price goes down because of whales taking profit. They're manipulating the market anyway.

In the crypto world things like halving always cause a big price increase, but the problem comes after the halving that price goes back down a lot. If we look at the past scenario and the current one realizes that today there are many people who are buying bitcoin, then it is possible that the impact of this halving is greater than the impact of the past halving.

We can just only hope but we can't expect that bitcoins price movement will be the same as last 2016 halving. The situation back then is really different from now, and there are many factors that are needed to be considered right now before we speculate that bitcoins price will double or even pump during next year's halving.

We recently saw the price go from $7400 to over $9500 in a few days (I think it was in two days). That's why I believe the price can easily double.

[Artemis3]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

There is no guarantee this will ever occur. Or it might occur in a higher or lesser degree to what you expect, only to "correct" itself later. Also after halving there is a chance for a bearish trend, not necessarily immediately. It will depend if the price spikes too hard, this is more likely to occur. The less the price climb, is actually better as it will probably has less pressure to go down.

Yes, on the long run it should gain more value, since now half the amount of coins are being minted, but that doesn't necessarily mean exactly twice the price. To me the right price would be less than twice, but more than pre-halving.

Bitcoin is maturing, and its price fluctuations are becoming less and less pronounced. Look at the price change in percentage, not absolute numbers, and you will notice this pattern.

A change in price from 9000 to 10000 is identical to a change from 9 to 10. Bitcoin had far more dramatic price changes in its early years, but not anymore.

And Litecoin isn't in a much better position, its halving already passed, didn't it? Its a nice altcoin, nearly identical to Bitcoin, but it didn't help that its creator dumped it... I guess it now has its natural price, don't see any reason for it to see any spikes whatsoever, be thankful if it doesn't plummet like most altcoins. I hope you are aware of the existence of the "L5" asic miner Bitmain seems to keep secretly to themselves...

History demonstrates that, whatever happens to bitcoin price, the others follow more or less. But the opposite isn't true...

[marcous]

Talking about Halving day, from a source that I read, there is already a lot of speculation that it will break the figure above 30k USD or more, but if talking to friends in the crypto world, Halving in the following year will be different from 2016. There are too many pros and cons of Bitcoin at this time. which initially did not support suddenly supporting Bitcoin regulations or even vice versa. just wait and see .. we are waiting for the real good news.

[bounceback]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

most likely in the next year the price of bitcoin will rise very high whether the price will double, I don't think we can predict correctly and by 2020 bitcoin will be reduced by half and this will definitely result in a very high price increase that year, and there is a possibility that Behind the excitement of soaring prices we must also be very antipasi with the market because of the habit when such an event occurs, asset prices will drop significantly.

[hello_good_sir]

If you're looking at this from a logical point of view, the ability to obtain more BTC essentially gets halved, so, therefore, the supply becomes even less and the price should surely go up 2x of its price, right?

That's where you are likely wrong because you are not taking into account a lot of other factors that is likely going to affect the halving, and expecting a 10,000 price increase, compared to a 400 price increase is very different.

In my opinion, we'll see an instant increase of 20-25% of prices, and then over the next month, it'll go up 50% and stabilize around there.

[Oasisman]

The last two halving event completely has different market reactions from each other including the upcoming one. People are just too hype up to accumulate more because of the uptrend price motion of Bitcoin from the last 2 halving. There might be no definite reason why the price increase just before or after the event, but one thing is for sure, It's because of the positive news that speculators bring up to the market presenting the price movements everytime Bitcoin is approaching the halving of rewards.

[Artemis3]

If you're looking at this from a logical point of view, the ability to obtain more BTC essentially gets halved, so, therefore, the supply becomes even less and the price should surely go up 2x of its price, right?

That's where you are likely wrong because you are not taking into account a lot of other factors that is likely going to affect the halving, and expecting a 10,000 price increase, compared to a 400 price increase is very different.

In my opinion, we'll see an instant increase of 20-25% of prices, and then over the next month, it'll go up 50% and stabilize around there.

In concur with this opinion, this is more or less what i was thinking. Not 2x, but something like 1.5x is about right. If if climbs far above that, it will correct down, maybe bounce a few more times. If it stays low, the uptrend will continue until it reaches those prices.

On each halving, expect the price increase to be less than the previous one, in percentage. This is called maturing, and is fine. Consider that most bitcoins are already minted and in the market, the reminder will take longer and longer to come out, stretching all the way until 2140. Mining will become unprofitable far earlier than that unless cheap and abundant energy, such as that from Nuclear Fusion, becomes a reality.

[CryptoBry]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

Nobody can be sure if what happened in 2016 can also happen in 2020. Right now, because Bitcoin is getting bearish, we can read many negative leaning articles in many crypto-focused platforms which paints a darker Bitcoin market despite the coming halving. One is suggesting that the impact of the halving has already been factored into the current price all because any possible increase should have started one year before the said scheduled event. I am sure though that if Bitcoin will be making a slight bullish move, then the sentiment on the halving can turned into very positive. In other words, only time can tell what will be, we can only speculate, wish and even dream for that bull run to come in 2020.

[Eugenar]

Talking about Halving day, from a source that I read, there is already a lot of speculation that it will break the figure above 30k USD or more, but if talking to friends in the crypto world, Halving in the following year will be different from 2016. There are too many pros and cons of Bitcoin at this time. which initially did not support suddenly supporting Bitcoin regulations or even vice versa. just wait and see .. we are waiting for the real good news.

One thing for sure, miners will not let their profits being sold at a weak market price, they will definitely sell it at huge price and as a result, we might not be sure if bitcoins price will raise up to 30k or just double, but we can assure its market price will increase, through this information, it is really a time for us to buy and encourage our colleagues to invest in bitcoin, as through bitcoin halving, we can also contribute to the market price not knowingly if we accumulate volume of it.

[hahahafr]

This upcoming bitcoin halving is likely going to a be a bigger one than what ocurred in 2016. First of all, the number of people who were investing into bitcoin compared to those who are at the moment are far lesser than today so if people are to buy during the FOMO the price rate is going to be insane. Also, most countries are embracing cryptocurrencies at the moment and this is a very good thing to see the price reach an all time high again. This is the best time to buy into the dip of bitcoin pending this upcoming bitcoin halving.

[ðºÞæ]

Halving is a halving, with every reward halving energy consumption more or less is also cut in half.

Bitcoin  emission rates.
2009 to 2013 about 12.5%  (aka 50% of all coins mined)
2014 6,9%
2015 6.5%
2016 4,9%  (July 9th, 2016 75% of all Bitcoins have been mined)
2017 3,3%
2018 3,2%
2019 ~3,x%

2020 ~1,6%   (at third halving 87.5% of all Bitcoins have been produced)
2024 ~0.8%   (93.75%)
2028 ~0.4% 
2032 ~0.2%
2036 ~0.1%
2040 ~0.05%
.........
2140 ~0,0000000015%

Transaction fees compensate for mining reward decrease.

Fiat (stablecoins) inflate 2-3%  forever unless high inflation is happening.

[ragavancoin]

Comparing 2016 halving is difficult can't expect the same. But if it happens in 2020 it's a very good thing, so that everyone will grab the opportunity.

Just will have to hope for the best to happen in 2020.

[bitcampaign]

Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/

we are just small traders who only see big investors playing with bitcoin prices right now, we are at the end of 2019 but there is no definite price movement, we are all just waiting for good news in the near future, as usual bitcoin always has surprises for all , bitcoin halving in just a few months

[Kprawn]

You cannot compare one Halving with another without including the many other factors that happens during that same period. Remember, the price

is not just affected by the Halving, there are other things happening in the market at the time that influence the price. You might have some big

event happening that might push up the price and then the Halving will piggyback onto that event and also visa versa with a negative event. I can

tell you now that the price will not double with the next Halving.    In any way, the Halving influence happens prior to the event taking place and

not on the date that it happens, so you will have to look at the price history of at least a week before the event to see what influence it had. 

[Reid]

Way far. $400 to $800 looks like a cheap money by now.
We are talking thousands of dollars now. $8-9k to 16k-18?
It might happen though since we have already reached a 12-13k mark. If this hype will never stop and all the discussion about the halving then it might really come true.
Cross fingers though, a large probability of an event to be dumped it at an enormous number could also happen. Fasten your seat belt before the end of the year.