Halving: Does it places an important role in the crypto market or not?

[Boomspeedometer]

I often wonder what were the conversation prior to the previous halving and did the predictions come true.

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[bluebit25]

Very important for Bitcoin growth. Since bitcoin was created, we have experienced two halving before. And these two halving helped the value of Bitcoin grow strongly and directly helped bitcoin go up to $ 8700 now. Surely this year after halving, the price of bitcoin will increase the same as 2 times before, I expect something as big as 2017 and the price can surpass $ 20000 if possible.

[pooya87]

but when you think of halving as a price pumper then no it has no role to play whatsoever. specifically not in crypto market as a whole. when speaking of the market, the demand is the more important factor not the supply.

price pumper? I guess it does since every halving follows by a high demand resulting the price to increase and I think the trendiness of bitcoin compare to the last halving that occurred in 2016 is way bigger than it is now so most probably that will going to have a massive impact on bitcoin price although 85% of total supply has been mined. Does it play a vital role? for me it's a YES.

i am not saying bitcoin price is not going to go up because of halving, i am saying it won't be pumped. there is a big difference.
a "pump" due to halving is what happened to LTC in its halving before the last. it got pumped hard by market manipulators and crashed hard right before halving and never recovered. a "rise" is what happens to bitcoin every halving, price goes up has a correction and then continues to to go up still after the halving.

[iram3130]

The speculated "pump" will happen because there will be less Bitcoins minted even after validating same number of transactions. Supply will not increase with the same speed but demand will. Its a great logic to fight with the inflation and the community surely know the after effects of this. I think we will be in the pumping 4 years of BTC after this halving.

[blckhawk]

Bitcoin's halving effect has two sides. For the good one, the price increases because of slower supply generation (only good for speculators). For the negative side, it discourages some miners because of 50% less profit (bull run doesn't immediately happen, and so some are discouraged because of cost-to-profit factors).

Another thing to note is that Bitcoin is deflationary, which makes it difficult to be a currency. If price steadily increases on the long-term chart, then Bitcoin would be only used as a platform for speculation rather than actual usability.

[sovie]

but when you think of halving as a price pumper then no it has no role to play whatsoever. specifically not in crypto market as a whole. when speaking of the market, the demand is the more important factor not the supply.

price pumper? I guess it does since every halving follows by a high demand resulting the price to increase and I think the trendiness of bitcoin compare to the last halving that occurred in 2016 is way bigger than it is now so most probably that will going to have a massive impact on bitcoin price although 85% of total supply has been mined. Does it play a vital role? for me it's a YES.

i am not saying bitcoin price is not going to go up because of halving, i am saying it won't be pumped. there is a big difference.
a "pump" due to halving is what happened to LTC in its halving before the last. it got pumped hard by market manipulators and crashed hard right before halving and never recovered. a "rise" is what happens to bitcoin every halving, price goes up has a correction and then continues to to go up still after the halving.

We don't need any more pumping. Only thing desired is stable bitcoin price for its long term survival, pumping no doubt gives good return in short duration for day traders but it discourages other from crypto market. i am hopeful too that coin halving will increase price

[andycarrol]

yes this halving tends to have a positive effect on bitcoin price for the long term if you look at the previous halving how price movements occur indirectly when halving occurs. the simple theory is that when there are fewer or fewer, it will be expensive. but it will impact the miners, some will probably give up and some will stick with the record they will withhold the results and not sell at low prices.

[Sadlife]

There's a lot of misconception about halving. Halving is just the miners getting half of the rewards from mining and verifying blocks. Most people think that halving's purpose is to make Bitcoin and altcoin price surge, but its really not, its just that people realize that Bitcoin supply is limited so they tend to get carried away by the FOMO and buy alot. In every halving its not guaranteed that the price will really have a bullrun.

[Dhoe]

yes this halving tends to have a positive effect on bitcoin price for the long term if you look at the previous halving how price movements occur indirectly when halving occurs. the simple theory is that when there are fewer or fewer, it will be expensive. but it will impact the miners, some will probably give up and some will stick with the record they will withhold the results and not sell at low prices.

Halving It really affects the price of Bitcoin, because Miners will only get 6.25 btc every 10 minutes after Halving later, so the level of difficulty will increase so as to make Bitcoin even rarer. When supply is small while demand is high then of course it will make the price increase.

[bounceback]

halve aims to reduce the supply of bitcoin circulating in the market, half of events in the past have preceded a large increase in the price of bitcoin, and on the other hand the amount of demand also tends to increase or remain, so if new supply is circulating in the market if it cannot keep up with demand then it is very likely that the price of bitcoin will rise.

[andycarrol]

yes this halving tends to have a positive effect on bitcoin price for the long term if you look at the previous halving how price movements occur indirectly when halving occurs. the simple theory is that when there are fewer or fewer, it will be expensive. but it will impact the miners, some will probably give up and some will stick with the record they will withhold the results and not sell at low prices.

Halving It really affects the price of Bitcoin, because Miners will only get 6.25 btc every 10 minutes after Halving later, so the level of difficulty will increase so as to make Bitcoin even rarer. When supply is small while demand is high then of course it will make the price increase.

Will the fee of transaction increase with the decreasing miner income? because if it doesn't increase, many miners will die. only large mining companies might survive until bitcoin is depleted.
because the miner is very important to create a new block of each transaction, of course I worry if most of the losers and do not want to do mining.

[Sassee]

Halving plays a very important role in the bitcoin community. Firstly, it has a huge psychological effect on price. Bitcoin gets scarers and it is expected that in the long term the it will have a positive effect on price.

It also further goes to show the superiority of bitcoin over fiat currencies, unlike fiat currencies, that prints more notes yearly, bitcoin mines fewer coins every 4years.

[ethergod]

It obviously has a long-term impact on price, because price is always related to supply based on the supply and demand equation. The question is whether investors have priced in the halving long before the event. I am not sure, but because I am not a day trader or short-term investor the question is somewhat irrelevant to me. In the long run, without a doubt it affects price.

[EdvinZ]

Halving of Bitcoin is a long-awaited event for investors, because they hope for an increase in the price of digital gold. At the same time, when the price of bitcoin increases, new investors interest in It increases. This means that Bitcoin is becoming more popular.

[veznata]

We don't know the future but we all know what happened during and after the first 2 halvenings. I believe it will remain the same - price surge about or right after the halvening to about 10-15K and one year later in 2021 a bullrun to 60-180K. of course a wise step would be to cash out prior to the peak price and buy the same amount of BTC when next 60-80% bottom comes. Most likely BTC will become more and more valuable over time so it is wise to accumulate when we can.

[ajeef]

Halving of Bitcoin is a long-awaited event for investors, because they hope for an increase in the price of digital gold. At the same time, when the price of bitcoin increases, new investors interest in It increases. This means that Bitcoin is becoming more popular.

Yeah it's the basic logic of bitcoin halving that already held before, price must be increase because supply is less and bitcoin is harder to get.
So the demand must be increase because people are always hunted for something that are limited.

[asus09]

We don't know the future but we all know what happened during and after the first 2 halvenings. I believe it will remain the same - price surge about or right after the halvening to about 10-15K and one year later in 2021 a bullrun to 60-180K. of course a wise step would be to cash out prior to the peak price and buy the same amount of BTC when next 60-80% bottom comes. Most likely BTC will become more and more valuable over time so it is wise to accumulate when we can.

Many analysts predicted that, this time halving would lead to the positive increase in the value of Bitcoin, we cannot guess the exact price of rise but that would definitely be positive move for the market. One of the famous analyst predicted that the price will rise 100% in 2020. Bitcoin post results after halving will help to boost the economy and will help and favor the investors in many ways.

Almost investor always waiting with halving time of bitcoin because become most important moment how to get bitcoin touch with higher price, I think right now many possible profit with bitcoin halving because price can up suddenly with higher price and look profit keep continue for several months later.

[cabron]

Halving seem to simulate the gold supply in the world as well. Although there are still sources of gold everywhere, the cost to dig and mine those gold are just going to make gold more valuable. The important role of halving is for the economy not to over supply the market while halving also contributes on price spikes. We all know the price will go up even the new investors that are coming to crypto all for this purpose.

[moviebuff777]

Historically the halving is a time when the price increases and continues an increase for about a year or more. But we’ve only had a couple of them to look at. I think with the block reward being reduced, it makes since that this is a time when the price will increase.