Next Bitcoin Halving will drive the price down...

[Murat]

May be or not, Anything could be possible for this system because we have seen both the positive and negative run of Bitcoin in the last couple of months, but I believe that Bitcoin price will not down more from this stage, for me, day by day Bitcoin is getting a global currency within a limited scope so Bitcoin should be more flourished, I think when Bitcoin would be legalized around the whole world then It might be more acceptable to the people because legalization would bring to us a positive vibe for sure.

[BlackFor3st]

Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.

Thoughts?

It's too soon to decide the price of bitcoin because no miners will bail especially if the price of bitcoin will skyrocket due to massive demand. The price of any currencies will always depend to the demand and as you can see even in the bear season the big whales favor bitcoin over other currencies.

There is only two option right now either the market will continue to goes down or it will recover and it will be decided after the halving.

[smartbitcoininvestor]

Mining equipment will likely double in processing speed at the same time in which bitcoin halves for mining, so I think mining equipment will still be profitable now and in the future.

[pooya87]

you seem to have forgotten that in 2018 price fell from $20,000 down to $3200 which is about 85% decline and miners didn't leave. in fact the hashrate even grow a little over the course of 2018 and in 2019 ever since the price rises began and  it went back up from $3200 to $13000 the hashrate grow a lot more.

halving will cut the reward in half but also it will lead to a big rise prior to the halving which will actually lead to an increased hashrate. then there will be some drama and panic sell around the day of halving like the past 2 times and then price starts shooting up again.

what you have to keep in mind is that miners, hashrate,.... don't affect the price. demand decides what the price is and then that price affects the miners and their hashrate.

[maydna]

There are so many speculations about what will happen to bitcoin. Some people are saying bitcoin will go down, some people are saying bitcoin will go up, but that is just a speculation, and we don't know what will happen later. If you can think of what might happen to bitcoin, you will prepare for the two conditions that will happen to bitcoin. First, you will make some strategy on how to prevent the down of bitcoin price if the price is really down. Second, you will make another strategy on how to get a profit if the price is up so you can take the benefits from the bitcoin. But everything can happen in the future, and one of that speculation will become real, and we will see what is going on in the future.

[longyenthanh]

The thing that worries me more about bitcoin price is its global adoption rather halving event. If adoption rate doesn't reach to a satisfied level then bitcoin price will surely go down since there will be no point in holding a coin that has no practical use.

[joinfree]

No, i don't recall a bitcoin halving that brought the price of bitcoin down. What we mostly see is an increase price and that's the main reason why many crypto investors are off their perception that this halving will bring about high returns on investment. It's good to hold your bitcoins from now till the middle of next year.

[kryptqnick]

Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.

Thoughts?

Well that's interesting. Pretty much everyone I see is writing about how halving will bring Bitcoin to the new ATH, because the price has been rising since the previous halvings and since the price is supposed to adjust do that mining is profitable. Now, we've seen the latter going all wrong when the price went below $6k, and as for halvings, it's not like the last one was immediately followed by a run, so I still maintain that it is not proven that the price spiked because of it. You might be right about the price going down, but I don't think we can reasonably give preference to one of the predictions here.

[Cimmy_revenger]

learn from the history of halving bitcoin that had happened before, the cycle could be almost the same, the price will go down for a moment after that slowly rising continuously.

[White Christmas]

Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.

Thoughts?

Bitcoin halving is happen every 4 years of Cryptocurrency which includes on the coming year 2020. The previous halving doesn't affect the market fall and the market pump which we can see and say that bitcoin halving is not predictable so we must better just wait on what would probably happen on this coming halving.
Some people says that when the bitcoin halving comes, the succeeding month after the halving will become successful in which the market will rise again from the downfall but you counter it meaning you have bases why you can say that. But I think the bitcoin miners will not be on a hard time just because the supply of the bitcoin become lessen.

[bounceback]

learn from the history of halving bitcoin that had happened before, the cycle could be almost the same, the price will go down for a moment after that slowly rising continuously.

halving bitcoin in 2020 will come of course this is very taken into account when the market will react to prices, I think bitcoin will experience the same price spike as last year which has happened especially now some bitcoin charts show that bitcoin may fall a few days after being reduced half, and according to investors or bitcoin miners, they estimate that digital assets will experience half every four years.

[fiulpro]

Yes this can be so but at the same time one must remember that in the past too miners faced halving but instead of the price being reduced it actually increased drastically therefore I think it can be both ways and right now the future is looking bright so , I think it will go up only instead of down , miners are getting paid less now but there are miners who don't mind this and their sole earning way is not just mining for sure, they will have to improvise now.

[Rodeo02]

The thing that worries me more about bitcoin price is its global adoption rather halving event. If adoption rate doesn't reach to a satisfied level then bitcoin price will surely go down since there will be no point in holding a coin that has no practical use.

at first day of halving i also expect that the price  will decrease in the next more months maybe. It will always depend on the addoption of course if there are also hype being made by that time. But for now all is speculation and more people believe that halving will be a big for the price of btc.

[Astvile]

A sudden and temporal price dump after halving is normal just like what happen in all previous halving bitcoins price go dump before we see the pump effect of the halving. But as time goes by bitcoins price will rise higher than what it is before halving for sure.
Miners can live off through transaction fees not just by block reward alone it's just that their profit will be lessened.

[pakhitheboss]

Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.

Thoughts?

Bitcoin needs miners but without the community there is no need of miners. The price of Bitcoin is greatly controlled by the community. If the prices soars then with less Bitcoin the miners will still earn good amount.

There is always the other side to everything that we tend to forget.

[blckhawk]

This is one of the compelling reasons that could drive miners away, and would definitely affect the hash rates and also the prices. Though as we have seen in the past, it doesn't really happen. Maybe it's because the hype and price increase even before the halving keeps the miner from bailing out. Though if the price won't increase for whatever reason, no whale manipulation, no real investor hype, then we could see some quitting out.

[MI6]

Next Bitcoin Halving will drive the price down because the ecological system in which Bitcoin lives will be reduced.
More miners will bail, and it is the miners who are the bone marrow that creates the life blood of block chain.

Thoughts?

In my mind maybe stick with demands will increased. Or maybe last halving which followed by bitcoin's ATH will make people believe it can be happen again and then they start to buy it. So bitcoin price can increased because of that. But if bitcoin price down because of halving, i don't have any choice beside to keep hold.

[Jet Cash]

I doubt if the halving itself will make any difference, as everybody knows about it. What it will do is to provide a topic for the FUDsters, and manipulators to use, and their actions will be the cause of any price movements.

I'm expecting governments and institutions to start mining operations, if they aren't already. This will give them a chance to prioritise their transactions and conceal their actions via wallet manipulations.

[Fatunad]

Mining equipment will likely double in processing speed at the same time in which bitcoin halves for mining, so I think mining equipment will still be profitable now and in the future.

Mining equipment needs upgrade and electricity consumption will also increase for the miners. If you are talking about the old equipment still be profitable after tha halving then I think It will not going to be as profitable as before because every halving the block seems to become a lot harder to solve and it requires faster processing unit.

[Asmonist]

I believe price downfall has many factors. The next bitcoin halving is part of the factors that drives the price down. Its definitely a sad effect of it but basically its really part of the process. It will prolong the journey of bitcoin highest price expectation.