The Halvings impact on Bitcoins price

[TimtheYoutuber]

Full Read: https://www.forrestvisions.com/blog/bitcoin-halving-2020


I know everyone is excited about the halving and its possible implications on the price of Bitcoin in both the short and long term. To get a good view you need to research previous Halvings, and lucky for you we already did! Check out the blog post above and see how the Halving will impact Bitcoin, the anwser might surprise you.



How do you think Bitcoins price will be impacted by the Halving in 2020?

[1714105714]

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[Charles-Tim]

Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

[avikz]

Quote from the article,

The blocks get lowered from 12.5BTC to 6.25BTC, and it will have a short-term negative effect on miners. With the block dropping its reward, miners will be making less money and expending more energy as the difficulty level will increase. As miners get forced out of business, there may be a short waiting time for transactions to get confirmed since there will be increased demand for transactions to be confirmed in a reasonable amount of time. Miners could potentially see this as a time to sell their Bitcoins to help pay for added expenses.  This would drop the price of bitcoin and would cause even more miners to go out of business since they wouldn't be able to take on the draught that would likely occur.

Well, I too somewhat agree to this analysis. If the price of bitcoin stays at the same level even after halving, it will very difficult for a lot of miners to continue their mining operations. Simply because they will start making losses and some of them will be forced out to business. Transactions will be slower and expensive for this reason which will eventually slow down the network and the number of unconfirmed transactions will rise. All these will happen only if the price doesn't increase.

If price increases post halving, then I don't expect such things to happen because then majority of the miners will be able to sustain their operations. However, if I look at the halving history and pricing trend, it is very much possible that bitcoin price will increase and we will not have to face such situations.

However, we don't really know the outcome and we are simply speculating at this moment. Let's wait for few more days!

[MrcMrc]

Bitcoin price can not stay at the same point, it is not possible, this time, the supply will reduce, people will still buy more bitcoin because cryptocurrencies adoption is not yet at its peak, so, over time the price will increase, miners will gain if they can hodl and wait until the price increase. But that does not mean bitcoin price will not fluctuate but miners need to be a good trader to so they will not mine bitcoin at loss.

[carter34]

Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

You can be right that it will be positive impact because halving has not have any negative impact but the price expectation of $15,000 is low. Remember that in 2017, it has hit $20,000 and above, so this time should go beyond that as mining is expected to be limited.

[Chris Barth]

I believe it'll be positive. I remember how people were feeling bad about the sudden fall of bitcoin's price (months ago). I said it was going to come back up and people said so too. But no one ever knew it'll be this quick. The halving is definitely going to do bitcoin's price good even tho we won't see the good quickly, somewhere along the line, it'll show.

[dunfida]

Full Read: https://www.forrestvisions.com/blog/bitcoin-halving-2020


I know everyone is excited about the halving and its possible implications on the price of Bitcoin in both the short and long term. To get a good view you need to research previous Halvings, and lucky for you we already did! Check out the blog post above and see how the Halving will impact Bitcoin, the anwser might surprise you.

How do you think Bitcoins price will be impacted by the Halving in 2020?

Didnt tend to watch on whats up to that link yet theres nothing new about those sentiments or whatsoever because halving effects would be most likely in long term aspect.

Basing of charts with btc then we can really imply that we had climbed up the ladder even though there were lots of ups and downs along the way which is normal.

Think for long term but people are way too expecting much with the results on point with the event which isnt right.

[TimtheYoutuber]

Full Read: https://www.forrestvisions.com/blog/bitcoin-halving-2020


I know everyone is excited about the halving and its possible implications on the price of Bitcoin in both the short and long term. To get a good view you need to research previous Halvings, and lucky for you we already did! Check out the blog post above and see how the Halving will impact Bitcoin, the anwser might surprise you.

How do you think Bitcoins price will be impacted by the Halving in 2020?

Didnt tend to watch on whats up to that link yet theres nothing new about those sentiments or whatsoever because halving effects would be most likely in long term aspect.

Basing of charts with btc then we can really imply that we had climbed up the ladder even though there were lots of ups and downs along the way which is normal.

Think for long term but people are way too expecting much with the results on point with the event which isnt right.

People that have been hyping it are most likely looking for quick gains. If you look at previous Halvings, the price took months to increase.

Of course, it will have a long term increase since the reward block is less. But no one knows what the price will be. So its hindsight.

[exstasie]

This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we?

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....

[Wexnident]

Miners would be hit temporarily maybe a 1-2 months after the halving but I doubt they'd be hit that hard. Besides, if miners were to lose out and leave, the price would probably increase by then since transactions require miners to exist before going through. It'd probably require as I said, 1-2 months before the price related to miners are regulated though. Additionally, as for the impact of halving to BTC price itself, I doubt we would see one immediately. At least half a year or so is probably needed to see any significant impact. It takes time and if you were also to look at how the 1st and 2nd halvings impacted BTC price, it required quite a few months.

[wxxyrqa]

This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we?

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....

Do you think that the hype is created artificially around an empty place?  If we compare the previous results of the halving, then they were very successful for bitcoin.  Although there were undoubtedly other factors that influenced the price of bitcoin last time.  Of course, at the moment, before the halving, the capitalization of BTC is correspondingly increasing, well, after this event everything will depend on the real actions of the miners.

[Cnut237]

In the long-term, halving will surely lead to higher prices. However in the short-term I do expect a quick price drop when the halving actually takes place - because there has been the usual FOMO in the run-up to the event. The halving is already priced in, but people still think there will be a short-term rise, and so are buying more and pushing the price up further.... which can't really be sustained. I think it's very likely we'll see a pullback. It almost always happens with any hugely anticipated event in crypto, be it bitcoin or alts.

Long-term though, yes, price increases.

[Smitty Werben Man Jensen]

halving will certainly greatly affect the price of bitcoin in the next few years, I am sure that 90% will be an increase in prices like 2017, and FOMO will happen as before, I am happy now the price is above $ 8500 and can survive in a situation amid a pandemic, we know Bitcoin is one of the strongest instruments after gold

[justdimin]

You did research the previous halvings and what it meant, with like a million other people as well, you are not the first people to actually research that. I personally didn't had to look up, because so far I have seen at least 10 of them made for me and shared here, not even with a link so that you can get couple more clicks, no these people shared it for free on bitcointalk itself and they were helpful, I am thanking them all once again here.

On the other hand why would anyone have any question marks on their minds? I mean bitcoin will be mined less, and there will be less on the market, that equals scarcity, that equals profits. What we need to figure out when it will drop and increase, other than that we know eventually it will profit.

[mahilchii]

There were thrill in the last two Halvings but now the excitement is really hard because of the pandemic, people are really worried and not sure about the pump this time. I don't think the BTC Halving could be an impressive one I mean when compared to the last two Halvings.

At this moment people are really worried about this pandemic, so my prediction is 11k.

[exstasie]

This is the 9th thread about the halving on the first page of Speculation. Hyped enough, are we?

Longer term sure, halving the inflation rate is bullish, but the way sentiment is building tells me it's a "sell the news" event. So many people are expecting higher prices. The stock market is in a very dangerous place and it's strongly correlated with BTC, so I'm thinking they might drop together ahead of the halving.

All still going according to plan for now....

Do you think that the hype is created artificially around an empty place?  If we compare the previous results of the halving, then they were very successful for bitcoin.

That is debatable. What we know is BTC has been in a 10-year uptrend that has spanned 2 halvings. The net effect of the halvings themselves is not obvious. We can only say that broadly speaking, BTC was going up before previous halvings and also went up after.

Zooming in to 2016, the argument for a "sell the news" event is obvious. While some point to the August Bitfinex hack as the reason BTC fell to its mid-$400s lows, my recollection of sentiment is that the halving was pretty central. The market bought in April and May in anticipation, then sold off in June and July as the hype got priced in.

[Yamifoud]

There were thrill in the last two Halvings but now the excitement is really hard because of the pandemic, people are really worried and not sure about the pump this time. I don't think the BTC Halving could be an impressive one I mean when compared to the last two Halvings.

At this moment people are really worried about this pandemic, so my prediction is 11k.

Yes, they are worried because they become hopeless about this.
I feel the uncertainty around and people are becoming doubtful about the potentiality of the market to have another ATH again. It was the excitement and they are badly disappointed as the saw that this coming halving won't make a huge pump but rather to keep the market low.
I ain't lose my optimism but I accept the reality that Bullrun seems to be a little bit impossible this year.

[Ridwan Fauzi]

I've known how the impact halving event in 2017 ago, at that time I was newbie and just have less known what bitcoin is. I just know bitcoin was going up and up and it made me interested to know more about bitcoin.

Now, halving event will be happen again and seem like many people have been prefered against it. As you can see the rapid increasing price that has happened althougg we are in pandemic situation.

Based on that I just thinking that halving event will push bitcoin's price to new all time high. The people have been considering that bitcoin can be made as store of value in any situation. More than that, the volatility of bitcoin's price will be reduced since there are a lot of platform who offer derivatives way to gain money through bitcoin.

[boyptc]

The article is pointing to the miners and it's lesser reward.

What are you anticipating? price of bitcoin will go down so the value of their rewards that they'll mine will also go down? isn't it that halving per se gives more valuing power for the price to increase?

[TimtheYoutuber]

The article is pointing to the miners and it's lesser reward.

What are you anticipating? price of bitcoin will go down so the value of their rewards that they'll mine will also go down? isn't it that halving per se gives more valuing power for the price to increase?

If you look at the previous Halvings, the price went down for 6 months before it reached new highs. The Halving will decrease inflation, but that doesn't help the short term Bitcoin price because miners will be earning less and will be selling.

The Halving is great in the long term, but we've been priced in for awhile. No one outside of crypto is looking at the Halving right now and thinking "im gonna buy".