What is your thought about halving?

[ashmodeus]

In my own opinion, there is a possibility that bitcoin halving is starting to happened today because bitcoin recently dumps and then increase back it's price just in a few days, that is why buying bitcoin today while it is in a cheap price is the best way to earn good profit in your investment.

what u talking about bro ?
halving is starting about 139 days from now and it fixed , fact and not from any opinion.
https://www.bitcoinblockhalf.com/ see it and u will know it.

[Shasha80]

In theory, it makes sense that halving can make prices rise, but look at the current conditions since 2018 it still does not indicate
bull run will occur. It is very difficult to predict the price of bitcoin in what direction, even if you look history proves that the previous
two halving were very successful in making the price of bitcoin go up.This third can make the price of bitcoin can go up. There is still
a possibility halving that will occur in 2020 will actually make the price of bitcoin dropped. So be careful when making decisions.

[Artemis3]

miner's income is reduced by half, for example if every month they used to get 1000 BTC in a period of 1 month, after halving they will only get half about 500 BTC each month, if the price is cheap do you think it will be good news for the miners, I read about people in the forum and it makes sense why the price of bitcoin goes up every time after halving, how do those who hold large amounts of bitcoin if bitcoin miners go bankrupt, we still use this logic and people don't realize this

This has been occurring anyway by difficulty increase due to asic efficiency. So now you have to add this in addition to the halving. I don't know when large mining will stop, but it is gradually becoming more and more unprofitable and at some point, it will simply cease as a profit making thing.

Those smaller miners, that have free electricity (because they prepared, etc) and the ones that don't care to spend money keep mining, will be the last ones to remain. Since Solar and other renewables can't simply sustain those megawatt crazy mining operations, inevitably mining will shrink and the reduced difficulty will somewhat offset benefitting those last miners. Of course i kinda also expect a sort of reduction in asic supply, since the likes of Bitmain won't be very compelled to keep pouring money into a product that is losing demand.

I remember the previous halving, and people were doing the very same comments. Things delayed only because Bitcoin price rose up later that year, but there is no guarantee the same will occur again or in the same proportion. If anything, price fluctuation tends to reduce overtime.

And, most Bitcoins that will ever be, have already been produced. The last couple million will take a hundred years, and from those the vast majority will be minted next decade. Think about the 2024 halving... 3 bitcoin per found block, 2028 1.5ish....

Bitcoin has beautifully accomplished its design goals, even better than anticipated by Satoshi.

[Doranile432]

I expect the next bitcoin halving to trigger huge bullrun because bitcoin has gotten stronger since 2018 so I can't compare with last halving that nothing happened right after the halving got completed, it should be different this time around

[Oceat]

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

Halving in the past did it already so why doubt it? Just sit and watch as the market move after the halving is done but you will have to wait for it in the year 2021 because past halving effect takes almost a year before the bullish market starts. But don't expect too much because everything in cryptoverse is possible to happen. It may repeat the last ATH or it may not.

[Artemis3]

I expect the next bitcoin halving to trigger huge bullrun because bitcoin has gotten stronger since 2018 so I can't compare with last halving that nothing happened right after the halving got completed, it should be different this time around

Why? There is little reason for a bullrun, especially AFTER the halving. If price goes up too fast, it will correct back down. Better let it climb slowly and steadily. Don't forget most bitcoins that will ever be are already out there in the market. Halving is actually a reminder of that, it slows down production so that the creation process doesn't end abrupt. But 18m of 21m in only 10 years have already been made. You can only mine the leftovers, and only by spending even more money than ever before. The creation phase for most intents is almost complete, give it one halving or two for large mining operations to finally cease.

It is now in the market, the coin is out there. Use it.

[bitcoinsocial09]

It just a matter of time when people already adjust in the bitcoin environment I think bitcoin will be a great digital currency when everything is already done in digital technology.
When the technology rises I think bitcoin will be a good option for online currency like Paypal and other digital money.
Surely their is a hype going on in bitcoin a lot of users and investors and investing in bitcoin when the market price of bitcoin in pump so much like what happened in bull run 2017 and vice versa when the market price of bitcoin is on the low side.  I think when a lot of people is invested in bitcoin surely bitcoin could easily be implemented in a lot of countries just like what is happening in Japan. Already they are already using bitcoin as a payment method for tourist surely a lot of overseas people trusted PayPal more than bitcoin because when it comes to advertisement and trust bitcoin have a bigger issue about this things.

[Hamphser]

I expect the next bitcoin halving to trigger huge bullrun because bitcoin has gotten stronger since 2018 so I can't compare with last halving that nothing happened right after the halving got completed, it should be different this time around

Another 5-digit prices for bitcoin again that would exceed its previous ATH probably hitting $25k to $30k or more. Speculators expected already that the next halving to take effect will happen in 2021 but there's no exact date when it will happen.

[alexsandria]

I don't know why almost everybody is putting much hope that during the bitcoin halving the price is going to increase. Well we might see some increase but i don't think it's anything to write home about. What i think might boost the investment into this industry is if we get some powerful countries like China and USA softening their rules and regulations against bitcoin and cryptocurrencies.

Well, China is somehow making their move towards crypto currency. Halving is a great scenario everybody's waiting for as it never fails to make bitcoin market price soar. Looking back in the last halving a year after then, bullrun then follows thus, we achieve ATH for about close to 20k USD, a history indeed, and that's why everyone seems so excited. Others are literally preparing for it. We cannot blame as halving did and probably would make some changes in the market.

[Bitcoinislife09]

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

Surely, in my opinion, it will surely increase the price like for example bitcoin. If the supply was so low in the market even if the demand was also low it could still hold a reasonable price in the market so sure if the supply of bitcoin was cut off it will increase its market price plus the loss token from bitcoin wallets that are already forgotten.

[ashmodeus]

I don't know why almost everybody is putting much hope that during the bitcoin halving the price is going to increase. Well we might see some increase but i don't think it's anything to write home about. What i think might boost the investment into this industry is if we get some powerful countries like China and USA softening their rules and regulations against bitcoin and cryptocurrencies.

yeah yeah yeah , that right,these two countries is the most active about rules and regulations for cryptocurrency.
China is the most widely bitcoin miner in the world, i forget about how much percentage hash rate of china.
and USA is the most active people on cryptocurrencies. Legality,Rules,Regulation,etc.
however , bitcoin is freedom, nothing cant stop it , people will and still come , even with difficult regulations.
they just want to try to controlling a thing cant be controlled.

[moviebuff777]

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

Yes I believe that the halvening will result in a price increase. Based on past history, the price should make a big increase and go on a strong bull run.

[xZork]

In theory, when the supply goes down, the price will increase, but in the cryptocurrency market, it depends on many different factors. Most of the price movements in the market today are caused by sharks, they always know how to take advantage of rumors to push prices up or lower prices.
I think it is sharks and FOMO investors that are the main reason for the price increase in this market.

[diahsw]

yeah right, it will definitely go up. because demand is greater than supply. let alone in the crypto world, in the real world trading system as well. will definitely rise if market demand is greater than what is already available in the warehouse .. !!

[Savemore]

Halving is good because its the characteristics of bitcoin are improving. I also expect that it will cause the grow of its price in the market. The bearish market will end after the halving. I know that many more investors and traders are waiting to the halving. I am not a fundmentalist but the possibility of the growth of the bitcoin is really high. 

[crossabdd]

Bitcoin is not like real items, which if the item very demand, then the supply is reduced, will make the pump price. bitcoin has been through a lot of things, but it doesn't yet have any other uses other than just for transactions and trading tools. halving the upcoming bitcoin does not guarantee that prices will rise. it's just that many predictions say it will be bullish. Well, I personally hope that the price of bitcoin will be bullish after halving. but can't be certain of that.

[barabarian1]

yes I also think that after halving the price of bitcoin will tend to increase. and if we look at halving day bitcoin before, bitcoin has also increased after being reduced by half. that's why the majority of bitcoin holders believe in 2021 will be a bull run. but I also have to prepare mentally for the fall of bitcoin. because I know the current state of the crypto market from the past is different so maybe after half the price of bitcoin is still not going up. so we must be prepared to increase bitcoin and also decrease it.

[Fundamentals Of]

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

Yes, I agree with this theory. This is very basic. If the demand is there, even if not rising for as long as it remains there, and the supply is not rising, then the price will rise. If the supply is constant, there will come a time that there will be shortage, and this is a reason for the demand to create much value to it. We can apply this theory to halving. However, we are talking about mining. If the reward is not attractive and fail to cover the cost, there is a problem. So the value has to rise or else it will discourage miners.

[Clark05]

Halving have possible different support such as decreasing again the value or it will rise it or is either it will still remain or no effect. What ever the effects of upcoming halving we don't know yet because it's not happen we need to wait but for sure the result that we want to see is good and that is going up the bitcoin but there is no sure that is going to happen but we hope.

[peter0425]

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 don't really want to frustrate myself in expecting huge prices but i cant help looking for at least double my holdings.

so for me?my thoughts are the market will rise but not totally in halving time maybe it will took whole year before we feel the effect of Bitcoin halving in May.