The Halvings impact on Bitcoins price

[SpanishSoldier]

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

Historically, ATH happens one year after halving.

To be specific, 2013 ATH came 368 days after halving in 2012. 2017 ATH came 525 days after halving in 2016.

So, if the trend continues, next ATH will be in 2022.

[tbterryboy]

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?

Firstly, I must say the article was pretty good and the language is very easy to understand so well done. I like how the article says that the halving has made sure the bitcoins are released to the market at a slow speed which brings more value to the bitcoins and how miners are affected with the halving.

In my personal opinion halving does affect the price positively because the same bitcoins technically have the double value after halving. I mean if you are a miner who finds a block before halving you get double of what you would get if you found the block after halving. I am pretty sure the halving will affect the price and it will go up but don't expect a massive change to be honest.

[Janation]

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.

In my opinion, I think it would not be the same as in the past years

Right now, the price is getting better and better. From $6K we see the price rose to $9.3K now. We are not even at post-halving and I thought that this would happen after the halving. Maybe there are some investors that are taking advantage of this price and thinking it will be having a price higher than this after the halving, the price might still drop before the halving though.

[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?

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".

My bad. I haven't considered the immediate effect of it just like what I've witnessed in 2016. The price didn't rose quickly like what I'm trying to defend.

Feels bad for the small-time miners but I guess they have their game plan once halving is done.

[TIDOVEE]

Your analysis is quite simple and feasible, the price value is improving gradually though it's not yet reflecting much in the the coin market. I sense it may still have to drop before it will now begin to re-pick,we may not tell if the pandemic will have an influence on the value, but by my own prediction the rising may be around September.

[bitgolden]

Most of them will still use their machines because the reality is, if you have the machines already then you already made the biggest cost and you got over the hump, sure you could stop the machines and buy bitcoin with the electricity money instead but I guess that has been a thing for a long time now yet those smaller miners are still mining.

Moreover, there are plenty more miners these days compared to 2016, back those days there were few companies, nowadays there are many big companies who found funding somewhere and they have been starting to pop up everywhere too. So all in all we are talking about a lot more bitcoin being mined. Also about the selling, if they weren't making profit with the current situation they won't with halving, but if they were making a profit they would be still selling some and keep rest, they will probably keep selling the same exact amount anyway.

[Oilacris]

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

Historically, ATH happens one year after halving.

To be specific, 2013 ATH came 368 days after halving in 2012. 2017 ATH came 525 days after halving in 2016.

So, if the trend continues, next ATH will be in 2022.

Well said!

But doesnt mean that the future would really looks like the same on what happened in the past but at least we do already have some presumptions
on when the price can possibly shoot up.The thing here is that most people do expect for short term results without even looking back on how
the price had moved which do really takes for some time.Impacts is there but lets see if this upcoming halving would be similar just like in the past
(Hopefully).

[Free1bitco.in]

So far, I have only speculated about prices above $ 13,000. even like that, we don't know what will happen. so many people are speculating out there, starting from the new ATH, to prices that reach more than $ 50k. so far, I've only focused on the price of $ 10k. as far as I'm sure, the price of bitcoin will definitely pass through the wall before or after halving is finished.

[farukahmed]

Bitcoin halving is rise in bitcoin tends to drop before and after a block-reward halving in the short term. the halving may cause the price of Bitcoin to rise, thereby increasing the value of the now smaller reward. Bitcoins are created. It occurs once every four years. Because the halving drops the amount of BTC that is mined as Bitcoin approaches its fixed supply of 21 million, miners will earn less BTC after the halving for performing the same work

[danherbias07]

No such thing as accurate prediction when we talk about bitcoin.

Yes, we can use history as a basis but there are still differences with the past halving(s).
November 2012 was the first one but it moved up heavily at mid 2013 then 2014.
The 2nd was July 2016 then again moved up heavily December of 2017.

I think this is the scenario. When people just learned that the number of bitcoin out there is going lower, that is when they realize they should buy.
The question is, at what timeline they will realize it again. We will never know. It's always a surprise.

[TheGreatPython]

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

Bitcoin ain't a instrument, maybe you wanted to say asset.

Yeah I agree that halving will make bitcoins more and more precious because if the bitcoins were not going through the halving period all the bitcoins would be mined by now and the value would have been significant much lower than what it is now. Halving just adds some more stability and as we know "scarcity is the key to value" and as miners find it more difficult to mine new bitcoins the current existing ones will benefit from that.

Let's see how it goes and the price has already grown quite nicely and might be a little drop when halving happens then slowly increases.

[wxxyrqa]

No such thing as accurate prediction when we talk about bitcoin.

Yes, we can use history as a basis but there are still differences with the past halving(s).
November 2012 was the first one but it moved up heavily at mid 2013 then 2014.
The 2nd was July 2016 then again moved up heavily December of 2017.

I think this is the scenario. When people just learned that the number of bitcoin out there is going lower, that is when they realize they should buy.
The question is, at what timeline they will realize it again. We will never know. It's always a surprise.

It seems to me that few people expect from the holding immediately on May 14 a real bull run on the cryptocurrency market, but this is still a good reason for investing in bitcoin.  You correctly said that the historical data of previous halving did not give the results that users expect from halving today.  In any case, I personally consider a period of one year, expecting a massive rally from Bitcoin.  Based on this, if we take into account the previous holding, then everything looks quite understandable.  since in 2012 the price of Bitcoin was $ 2.55, after the halving event, a year later, Bitcoin rose to $ 1.35.  Of course, until 2016, the price still actively filed, then rose and almost stopped at the level of $ 250.  In the future, it cannot be said that halving 2016 gave a significant impetus to growth, but nevertheless, in the year after halving in 2016, Bitcoin went up to $ 2,500.  Of course, by the end of 2017, we saw the maximum value of bitcoin.  therefore, the expected halving can show its results only after a year, that is, until May 2021.

[okala]

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?

Bitcoin halving has been one event that many of us may be experiencing for the first time since we came to know about cryptocurrencies. Many of us here only know about bitcoin during 2017 bull run and that was impact from what happened in 2016 halving.

[The Sceptical Chymist]

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

Can't remember exactly, but I think there was way more enthusiasm and hype before the last halving--but nevertheless there's still too many threads speculating about the upcoming halving (which is a day away if I'm not mistaken).

And as I've written before, I don't think we're going to see anything dramatic happen at or after the halving this time around.  The economic butt-slamming that the coronavirus unleashed on the world has also introduced a lot of uncertainty with respect to bitcoin and its growth prospects.  I'm actually surprised it didn't say down in the $5k level when it started dropping a month or so ago. 

But those are just my opinions, and I could be way off the mark.  I'm definitely going to be paying attention to the price for the next week or so, and I'm keeping my fingers crossed.

[pgbit]

We know that bitcoin goes through a process called halving  in this month. This mechanism was integrated into the protocol by Satoshi Nakamoto himself. After a protocol goes through halving it cuts the supply of new Bitcoins in half, halving the miner's block production rewards. Even if there is some price increase, it is doubtful coin prices will double from now through April or May 2020. So mining will most likely be less profitable after the bitcoin halving. So bitcoin impact depend on crypto market.

[Oasisman]

Even if there is some price increase, it is doubtful coin prices will double from now through April or May 2020. So mining will most likely be less profitable after the bitcoin halving. So bitcoin impact depend on crypto market.

It would become less profitable for the miners. Only the large mining farms will eventually continue, and small time miners will be forced to pause for re-evaluation, since there will be a demand for hardware upgrade every halving.
Now, I guess miners will be motivated depends on the Bitcoin price value.
But, on my second thought, miners won't easily give up knowing their profitability will decrease, since they are a vital piece in this technology by producing new supply into existence.

[kesmex]

will be affected, but not instantly, look at the price of Bitcoin now,
DUMP $ 1000 in less than 1 day, even though Halving is only a matter of hours

[palle11]

will be affected, but not instantly, look at the price of Bitcoin now,
DUMP $ 1000 in less than 1 day, even though Halving is only a matter of hours

That can be expected. At this time around before the halving, uncertainty, emotion and speculation is the order of the day and this is the reason we are going to keep having volatile market until it begins to stable.

On advise note , I think for me it is better to stay outside market if you ain't in already just not to be in difficult situation as more volatility is expected after halving.

[joinfree]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

[FanEagle]

I can't believe that the all waited halving is already here, I mean I don't even know what to expect and it is already happening, I always said I will decide on one direction where the bitcoin will go however we are already here and I still don't know what will happen. That is the awesome thing and horrible thing about bitcoin at the same time, if I go up to you and told you that bitcoin will be 15k tomorrow you would say "it is possible" right? Because it is actually possible.

However if I told you that bitcoin will be 5k, you would think that is possible too right? That is CRAZY, how the hell are we suppose to make a decision on bitcoin price when going 50% on both sides sounds reasonable? I do not think apple will lose even 10% in one day, or earn, that is not possible there, it is totally legit possible here.