What is your thought about halving?

[marcous]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

I was not too surprised to welcome Halving next year. because a lot of speculation says that Halving in the next year is not necessarily the same as Halving 2016 where the price increase is very influential in 2017. Indeed, in theory, the supply decreases, so prices rise. just wait and see.

[1714778844]

1714778844

[blckhawk]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Of course I do, though I am not assuring myself. Anything could happen in the market. But the past halvings have been suggesting that it would make the market to another bull run since fast increasing prices would make the media and government look into it again, which could bring more demand to Bitcoin. Though it's likely to happen, it is certain that nothing's for sure.

[Murat]

Bitcoin is not a product or any conventional currency, Basically, It's a decentralized currency and it's based on the blockchain system, so helving is not an issue sincerely, I think it's not any special case for this platform because sometimes it's intentional and sometimes it's being created by system, for me, helving is nothing but a planned way to make this market high, I believe that Bitcoin helving is totally an abnormal issue, But most of the people are expecting a lot for a Bitcoin helving in the coming year.

[DreamStage]

Since halving means less coins to be mined, price will jump a bit higher than previous records.

Here's a big explanation about why bitcoin next halving may not pump price like last time:
https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-time


(source: Digital Asset Research – statistical model, not price predictions)

The above chart shows that the price (represented by the light blue line) started moving up before each of the previous halvings, and continued for some time after. Yet the data set is limited – the market has only experienced two of these events, and it could be a stretch to assume that the pattern will repeat itself.


Also:

The rise in price makes sense in so far as large buyers of Bitcoins have to either buy on the market or get them through mining, and after a halving event it forces more people to buy on the market.

From: https://hackernoon.com/will-bitcoins-price-rise-following-the-halving-in-2020-4885f9dcffb0

[Harriti]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

with the current situation is not. The growth in 2012 and 2016 was due to the fact that little was known about bitcoin and that growth occurred in small volumes. for now everything is fomo a lot and I suspect sharks have a lot of bitcoins ready to sell it while small fish like us try to push the price of bitcoin up. This has happened in 2017 and it may repeat itself again. so traders should be careful and choose for themselves a reasonable profit from now on so we can preserve our capital.

[DevilSlayer]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

with the current situation is not. The growth in 2012 and 2016 was due to the fact that little was known about bitcoin and that growth occurred in small volumes. for now everything is fomo a lot and I suspect sharks have a lot of bitcoins ready to sell it while small fish like us try to push the price of bitcoin up. This has happened in 2017 and it may repeat itself again. so traders should be careful and choose for themselves a reasonable profit from now on so we can preserve our capital.

I do not like prediction after all, all of us are thinking what will happen to the price of the bitcoin after halving. I've read comments and posts where most of the people are believing that the price of bitcoin will go up and there are only some people says that there is no effect. I'm also do not have any idea what will happen to the price of the bitcoin after halving. I just focusing on the price action and not to sentiments of other people.

[Wintersoldier]

Halving means more miners going bankrupt.
2020 could very well be the year mining become so unprofitable that the network dies.
It is the final result of any PoW network.  

They have option to sell at higher market price though. This is not really a problem, I wonder how the creator of bitcoin really planned about this system which definitely lead us to concluding that the market price of bitcoin will soon increase way up higher if we all take the halving positively. Or else, miners will be demotivated and leave everything they've started behind. I just wonder about one thing. If all bitcoins have all mined up, who will process the future transactions? Miners will don't have anything to get from the system.

[Distinctin]

I do not like prediction after all, all of us are thinking what will happen to the price of the bitcoin after halving. I've read comments and posts where most of the people are believing that the price of bitcoin will go up and there are only some people says that there is no effect. I'm also do not have any idea what will happen to the price of the bitcoin after halving. I just focusing on the price action and not to sentiments of other people.

https://medium.com/fitzner-blockchain-consulting/bitcoin-halving-price-effects-and-historical-relevance-b63458216d97

That is the reason why people are getting optimistic about the upcoming halving. They've been hoping that it will work well the same as what happens before. I consider myself one of them and I have no doubts that it will reverse the trend that we have this year.

[SummerBliss]

People are hyping the halving a lot. If you look at the past trends, halving didn't make much a difference in price. The same gonna happen in 2020. Not much of a price change is expected in my opinion.
Regarding supply and demand. Market is in initial stage right now. The demand is a lot already there and potential market if captured can take up all the supply and boost the price. But right now, it is pretty stagnant which gonna be the case next year too. So, I am not expecting much from the coming halving.

[ChronoLite]

People are hyping the halving a lot. If you look at the past trends, halving didn't make much a difference in price. The same gonna happen in 2020. Not much of a price change is expected in my opinion.

no it's not, it did make difference even though just a small portion of dollars. it's not instantly getting impact from halving, at least on mining side it gives you twice of rewards regardless of the difficulty. 2020 would be a great year for bitcoin and when halving comes it would make a difference.

[tartibaya]

Halving's a big deal. However, after halving, the price of Bitcoin will increase a lot. We are looking for logical dynamics for the price of Bitcoin. But not. For many logical reasons, we interpret the bitcoin price graph. What if I say the price of bitcoin will increase by $ 3,000 a day? Hanig makes sense of this. I answer no one.

[bitbunnny]

Halving's a big deal. However, after halving, the price of Bitcoin will increase a lot. We are looking for logical dynamics for the price of Bitcoin. But not. For many logical reasons, we interpret the bitcoin price graph. What if I say the price of bitcoin will increase by $ 3,000 a day? Hanig makes sense of this. I answer no one.

I have to say I don't agree. Many are expecting a big deal from halving but I'm not among them. Yes, halving might increase Bitcoin price but that will probably be only on.a short tern and I don't expect to see some huge price, rather some moderate increase. So, to my opinion expectations are bigger than the real effect is going to be.

[bitvalak]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Depending on how much market demand, if the total supply is insufficient there will definitely be a surge in prices.
The problem is there are a number of hacked and lost bitcoins, whether it's still included in the total count of bitcoin circulation or not.
So far with the current prices, I don't think there will be a significant increase in the coming months.

[TitanGEL]

Halving's a big deal. However, after halving, the price of Bitcoin will increase a lot. We are looking for logical dynamics for the price of Bitcoin. But not. For many logical reasons, we interpret the bitcoin price graph. What if I say the price of bitcoin will increase by $ 3,000 a day? Hanig makes sense of this. I answer no one.

I have to say I don't agree. Many are expecting a big deal from halving but I'm not among them. Yes, halving might increase Bitcoin price but that will probably be only on.a short tern and I don't expect to see some huge price, rather some moderate increase. So, to my opinion expectations are bigger than the real effect is going to be.

Most of us have postive expectations, we are mostly expecting that the price will go up after the halving. But for me the effect is only small, the price crashed in this current year and bitcoin is having a hard time to recover its high price before. If we are expecting be sure that it is feasible where it is possible to achieve it. There are many predictions that I keep seeing where I can say that they are dreaming because they expect too much.

[sayaya17]

Many predict that bitcoin will rise in price after halving later. It could be that the price will rise slowly in 2020 and reach the highest price as in previous years. I think there is nothing wrong if people from now have bought bitcoin in preparation for halving later, because if they don't buy from now bitcoin it's feared will rise in price.

[BitcoinsGreat]

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

This will happen not only in theory but also practically. If you have seen the last two halving you will clearly know how the bitcoin prices moves after the halving. If you were not known to bitcoins from that time, just watch the charts for 2013 and 2017. These two years were the true bull run years and both bull happened after sometime after the halving. Everyone is excepting the same this time also.

[iamsheikhadil]

I am sure it will go up and that's the reason I'm saving up these days and will do so till next year of half because we have seen in past how after a year of halving only, the prices sky rocket and hence it makes sense to invest now!