A month after Bitcoin Halving. What's next?

[nelson4lov]

On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

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[HeRetiK]

The next major event on the Bitcoin blockchain is probably going to be the soft fork for activating Schnorr signatures and Taproot. Since there's no official deployment date set yet I doubt this will happen before 2021 though.

[Becky666]

Possibly there are changes due to this last bitcoin halve and the system has been quite different from the last halven. Though the who idea of.loving this bitcoin halve is the pump which in the previous happened and.many tagged bitcoin as a ponzi scheme. Let be patient with Bitcoin and in due time everything will normalize. Although according to some sources, the price of Bitcoin will surge high and we might head to another all time high.

[Kelvinid]

Nothing has changed up to this time. One month, two, 3 months, or even in the 6 months after halving still uncertain of what will happen next. The market may seem to change anytime for many reasons. That is why I don't have to expect the market to turn into a bullish one month after halving coz of we recall the previous halving impact to the market it happens almost a year after the said event. Well, I have to find out next year but considering the volatility of the market, it assurance won't that be the same.

[LogitechMouse]

The halving helped the price of Bitcoin to go up because of the hype of it.

Now the event is over, I'm quite happy for a bit that it sustained its price after halving. Now we are in a sideways direction but I don't expect this to be like this in around 2-3 months. I believe that there will be a big movement towards the price of Bitcoin either downside or the upside. I don't know what's next for BTC aside from the fact that it will go higher than its price right now.

[NavI_027]

Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

Though this is not actually an event or something of a guaranteed happening, I'm looking forward kn how the market behave in the -ber months. For me that's the most exciting part of the year in the crypto world because that's the time I expect btc slowly pumps until reaching an ATH (but  I guess not gonna happen this year either) like what happened last 2017. Since the crisis are still present making the market suffer and hindered to bloom, let's hope we can at least taste a higher price before the Christmas come .

[pooya87]

The halving helped the price of Bitcoin to go up because of the hype of it.

actually price didn't go up at all this time.
it was mainly because it coincided with a global economic crash due to the spread of Corona-virus. if you look at the price history, it was already above $10k and was getting ready to launch towards $15k and above with the halving hype. but as every other major market (stock, gold, oil,...) crashed bitcoin also dropped and that pulled it below $10k which it still hasn't recovered from completely.

[carlisle1]

On 11th May 2020, The Bitcoin network experienced the third halving event. It was an highly anticipated and highly speculated event in the weeks and months leading to the event. A month ago, The halving event saw the mining rewards per mined block go from 12.5 BTC to about 6.25. BTC.

It is the most celebrated and awaited event in Bitcoin community and this year there is lower rewards compared to last 2016 halving this is maybe the reason why miners did not make more actions this year and same why the price of bitcoin not blowing up till now after 1 month of halving.

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

I have not read any good comings so far and what we are all expecting is that this halving will give us more and precise effect for out invesments.

It seems to me that it is not worth making very distant forecasts.

For what reason that it is not worth?distant forecasts lure investors to check it out and decide if its good or bad news.

[Bttzed03]

I read a bit about Schnorr signatures and Taproot. I don't completely understand all the technical details but I know these improvements increases the network capacity, transaction privacy, and also bitcoin fungibility. Which also means lower fees and faster confirmation once they're implemented.

Although there's no timetable yet, it's something to look forward to this 2020 or next year.

Not that it matters but I'm a bit surprised that these BIPs doesn't have the same attention/noise segwit and lightning network received in the past.

[witcher_sense]

Not that it matters but I'm a bit surprised that these BIPs doesn't have the same attention/noise segwit and lightning network received in the past.

I guess the reason why it has no attention and hype is because

I know these improvements increases the network capacity, transaction privacy, and also bitcoin fungibility.

When it comes to privacy of transaction, providing fungibility, coinjoin - mixing technologies, it is wiser to avoid additional attention, especially from government who perceive privacy as an opportunity to conduct crimes, to ease money laundering and so on. Scaling of the network is the part that doesn't matter for them. Bitcoin is still at an early stage of development, any steps towards complete anonymity are hard to make. For now, a slow and silent development and improving is the only way to achieve goals in terms of providing of financial freedom.

[bittraffic]

Halving hype is over now its just the same thing that happened. A disappointing nosedive of prices and governments are once again trying to drag the price down by threatening to ban cryptocurrency. Nothing seems to happen since but just a slight pump of the price which is more like a prolonged bulltrap. The money given by the government as financial assistance now robbed by bears.  

[Cnut237]

There is nothing coming up that has the same sort of price-hype as halving did.

As for halving, there was obviously huge anticipation, which was priced in beforehand - but CV19 has overshadowed everything over the last few months, and I would think it has also dampened any upwards bitcoin price movement. Difficult to see what will happen next, as even though lockdowns are ending around the world, the economic impact is only just beginning. Bitcoin is still seen by most as a highly speculative asset. This may mean that people stay away as the economy struggles, thus keeping the price low by reducing demand. But at the same time, this crisis is throwing the inadequacies of fiat into sharp focus, which may make bitcoin more desirable.

[Reid]

But the pandemic is still out there.
I don't think there will be events that will happen 4 years from now.

There will be conferences but I don't think those are the events you are looking for.
Perhaps encouraging more people to use it will be the best event we could do.

[Bitstar_coin]

The aftermath of halving we would probably see much more later, not immediately as expected by many btc supporters, after all this halving is different from the previous mainly because of all the unexpected crisis the world has experience and still experiencing, who knows what will come later will be another historic moment in the world of crypto.

[batang_bitcoin]

Then the next years of halving.  
Aside from that, most speculations are looking forward the years of 2021-2022. This is the assumed years when the bull run shall be seen again. I'm counting on it and probably will get a lot out of my holdings if that time comes. This halving also made many of us think that the price shall come down but it didn't go low that much.

[aundroid]

The next major event on the Bitcoin blockchain is probably going to be the soft fork for activating Schnorr signatures and Taproot. Since there's no official deployment date set yet I doubt this will happen before 2021 though.

Wasn't there also talk of a soft fork for drivechains?
At least BIP numbers were assigned like a year ago - But no idea if the core devs even plan to implement this.

[crwth]

The halving event was the major event that everyone had look forward to  – "The big event of 2020. Now it's done, Are there any other" major" Bitcoin events we should be looking out for between now and the end of the year?

It has been a continuous event that everyone is looking for just because of the previous halvings that happened. The increase in price that showed every after halving. It's an event that makes people hopeful for the future. It's not bad but it's worse to expect something that's still not sure. Well, it is the risk that you are going to take, better be ready.

Get ready for a few years again for the next halving.

[Ziskinberg]

What's next?

Maybe we will wait and see if the experts prediction are correct, some expert said that 2021 is going to be a good year and bitcoin will reached a new milestone of success which is breaking its ATH. Currently, it seems like the market is just normal, nothing special has been happening yet, it's still the old bitcoin that is volatile that we are seeing now, it just moving sideways.

[Yaunfitda]

I read a bit about Schnorr signatures and Taproot. I don't completely understand all the technical details but I know these improvements increases the network capacity, transaction privacy, and also bitcoin fungibility. Which also means lower fees and faster confirmation once they're implemented.

Because it's more technical for most people are as compare to LN, easy to understand, and catchy.

Halving has done it's part and mostly it brings positive news, many of the so called "experts" says that it will bring the price to all time high, but it may take sometime though, so we will see. And then we have proponents of the "4 year cycle", for them halving is the catalyst for the eventual bull run.

[Genemind]

Honestly, I was not expecting too much with current halving due to the factor that the current halving that recently happened is different with the recent halving, currently, the global economy has been hit hard with the pandemic and this surely had an effect with the market demand one way or another. However, it is too early to speculate since the halving just occurred recently and not to remove the fact that the market is full of surprises. Let's just be patient and see what will happen this year or if the parabolic cycle will occur.