2024 Bitcoin Halving - What are Your Expectations!!!

[Bitstar_coin]

                          


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

[swogerino]

I see based on the above history which you made an 150 days approximate that it will go further up and that cannot be stopped in any way.However to make a better comparison it is this one I am going to make below:

Halve of 2012
Price of 1.5 year later end of 2013 1100 dollar from a really low one

Halve of 2016
Price 1.5 year later we had the massive first all time high in December 2017 at 20.000 dollars

Halve of 2020
Price 1.5 year later we had another the biggest all time high in October 2021 at near 68.000 dollars

Based on history now after that halve I expect a huge new all time high.

[buwaytress]

Didn't feel too long ago to me when we had last halving, it definitely doesn't feel too long more to the next one. 3+ BTC per block may seem even "admissible" to miners if you consider how long they've been enjoying and taking profits (and yeah many are supposed to be almost underwater now but still think that's an exaggeration) but it's really on the halving after the next where we should see things get really interesting when only over 1.5 BTC comes every block.

I'll be "old" then, but 100k BTC should be the new conservative hmm?

[hosseinimr93]

Every four years, this number is cut in half.

It's not accurate. The halving occurs every 210,000 blocks which takes roughly 4 years.

New bitcoins are issued by the Bitcoin network every 10 minutes.

This is wrong too.
New bitcoins are generated in every block mined. It's estimated that a new block is mined every 10 minutes on average. A new block may be mined in a few seconds. It's also possible that it takes an hour.

[Bttzed03]

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

[Sarah Azhari]

         

Why is so much different from the coin market cap? what timezone do you use? 23 days is enough far. I don't know how to calculate, based on what?



https://coinmarketcap.com/halving/bitcoin/

Next halving is block 840,000, block until halving is 82,807, only under 20 blocks different but the day different is too much

 What are your expectations? other than price increase

I have to expect the bitcoin price after halving 2024 is $250K

[hosseinimr93]

Why is so much different from the coin market cap? what timezone do you use? 23 days is enough far. I don't know how to calculate, based on what?

Till now, 757,193 block have been mined and there are 82,807 blocks until the next halving.
Assuming the average block time for these blocks will be exactly 10 minutes, the halving should be 828,070 minutes later which is 575 days, 1 hour and 10 minutes later.
With this assumptions, the halving will be on May, 02, 2024. You see exactly the same date on Coingecko and bitcoinblockhalf.

buybitcoinworldwide (which was used by OP) and coinmarketcap (which was mentioned by you) are using different methods for estimating the halving date.
For example, you can use the average block time of previous halving periods or average block time of the previous difficultly adjustment period.

No one knows the exact date of halving.

[gantez]

I have to expect the bitcoin price after halving 2024 is $250K

If the story of all the past halving will be like this next in 2024 that price will rise, it will be the expectation for profit taking because many are waiting for this to happen. Last halving bull didn't last in my eyes and in my memory just preparing to take out some profit before the crash to $50k and further down continue.

[bitpotter]

Of course I will be very sure this time in 2024 bitcoin will reach more than $200k and more people will be involved in this history. But don't forget that every year there will be FUDs scattered about every year and what you have to watch out for are newbies who are new to the crypto world, they are very vulnerable to mental attacks.

[kryptqnick]

Each time people discuss halving, what often remains forgotten is that there's no proof that halving objectively leads to either a price boost or a dump. In fact, it might not have any impact at all, aside from the FUD or FOMO people might experience before and after, and the price growth often happens months later, which makes it unlikely that it can be reasonably attributed to halving and not some other events.
Even this post shows the price 150 days later (so after a significant amount of time), and the increase is by, like, 15-20% (apart from 2012), which isn't anything that couldn't happen without halving.
I don't have any particular expectations for 2024 event, and I am almost sure we'll see a major price increase of Bitcoin before that because it's still a long time away.

[SquirrelJulietGarden]

I don't know what price Bitcoin will make as its new all time high but it is not matter with me. I will take profit at price about two times from 2021 all time high. Then I will wait to buy back when a new bear market comes.

Even if price goes to higher than $120,000, I will not regret and will only wait for 70% to 80% correction from its 2024 or 2025 all time high to re-enter the market.

[Mauser]

*Increase number of users?

This seems like the most predictable outcome after the next halving in my opinion. We all know that prices are going to rise again after the halving in 2024. The bitcoin miners are wanting to be compensated for the reduced mining rate. If prices for bitcoins are not rising after the halving, the miners will just stop bringing new bitcoins to the market. That means that prices have to rise or demand for bitcoins as to fall. It's not realistic to expect a slowdown in bitcoin demand, even now with the World having to deal with so many issues there is still a lot of trading happening in the bitcoin market. I am not sure if we are going to see a new ATH in 2024, but rising prices means that bitcoins become attractive again as investment. And the higher the price rises the more new investors are going to join the market.

[Husires]

Attempting to show it in milliseconds will give a false impression to users because it is impossible to know in milliseconds.

The best that can be obtained is to try to predict the days, as the margin of error can be several days if the difficulty increases, but it is impossible to get a counter down in terms of minutes and hours.

[michellee]

Of course I will be very sure this time in 2024 bitcoin will reach more than $200k and more people will be involved in this history. But don't forget that every year there will be FUDs scattered about every year and what you have to watch out for are newbies who are new to the crypto world, they are very vulnerable to mental attacks.

We don't know if by 2024, bitcoin will reach over $200k or if it will happen because who knows,  the price will rise to as high as you want it to be in the next year. But I think many people still hope to see the next ATH and sell their bitcoins at the highest price.

Negative news about bitcoin will surely accompany its journey, and we must be prepared to face it. But we don't need to be afraid of the negative news because it's not certain to happen. I also expect that ahead of the halving, the bitcoin price will be higher than the last ATH price and maybe over $200k as you said.

[PeRo]

Looking at how it went in the past and how Bitcoin has gained a lot of users, adoption/acceptance is going to be much higher in the next period and up to the next halving. And since Bitcoin is growing older, many more people are interested and accepting it as a profitable asset, so I think we will have a lot of new investors who will want to profit on the expected price pump around the halving.

On the note of the price speculation, I wouldn't really speculate a number since we don't know how will the market hold until the halving. A price increase is inevitable, but we don't know what the current price of that period will even be, it might even be less than expected. Of course, fingers crossed for a huge ATH

[samuraijin]

it is not only important to discuss the increase in bitcoin prices during the halving but also we need the involvement of big companies for bitcoin in the future as well as increasing the adoption of bitcoin widely, many things must be addressed, namely education is also about bitcoin for new people because it is also important to the survival of bitcoin itself

[stompix]

The bitcoin miners are wanting to be compensated for the reduced mining rate. If prices for bitcoins are not rising after the halving, the miners will just stop bringing new bitcoins to the market. That means that prices have to rise or demand for bitcoins as to fall.

Mining doesn't work like that!
If the price doesn't go up then miners who can't make a profit shut down their gears, the hashrate goes down the income for each miner left goes up proportionally to the mount quitting, even with the price not going up. Miners have no way to make the price go up by just mining, if that would have been the case we would simply buy three times the gear that is mining now, and look, the price would have to go up 3x times cause mining is not profitable!

Didn't feel too long ago to me when we had last halving, it definitely doesn't feel too long more to the next one. 3+ BTC per block may seem even "admissible" to miners if you consider how long they've been enjoying and taking profits (and yeah many are supposed to be almost underwater now but still think that's an exaggeration)

It's not an exaggeration, I'm looking at a machine earning 7$ a day (soon $6 the way the hashrate is going)  with free electricity and the same machine going for around $2k on the market, 3 years of ROI with free electricity. Yeah there have been good times in mining, one year ago we were talking about $40 a day for the same machine but think of the future, with this kind of revenue once you have a miner breaking down, do you think of replacing it or you would simply keep with just what you have?

[Tytanowy Janusz]

*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

1.5 year is not that much. Of course we will see improvement in all of above points but it will not be a gamechanger and none of them will depend on halving (which is the point of this thread).

If talking about halving I'm sure that each new halving will have lower fundamental impact on bitcoin value. 4th halving will have negligible impact on value, no one will care about 5th one because:

First halving decreased inflation from 25% to 12%, second halving from 9% to 4,5% third one from 3,8% to 1,9%. So every next halving has weaker fundamental influence on price Fifth halving will decrease inflation from 0.4% to 0.2%. No one will really care that day. No matter if bitcoin inflation is 0.4% or 0.2% its both close to zero compared to 10% CPI.

[BlackHatCoiner]

Milliseconds, seconds, and even minutes can't be accurately calculated at the moment. Even in the last block (or last 2016 blocks), you can't know how much time it will take to finish. Regardless of whether 60 minutes or 60 seconds have passed, the average time to find the next block is 10 minutes.

My expectation is that the price will increase.

[cryptosize]

6 digits easily...

Some people are even more bullish:

https://twitter.com/stackhodler/status/1469038294591754240

[Jating]

I thought that the next halving is going to occur around May, my calendar might be off, 

But in any case, yeah, it's the catalyst for the next bull run so everyone is going to be excited to see that event again. But before that, we should continue to accumulate today, still cheap as the price is still around the all time high in 2017. And we still have a lot of time to do that, and as per prediction, we might be seeing 6 digits this time, (we all expecting it in 2021).

[OgNasty]

I think the halving will likely be a somewhat non-event as usual.  Sure, we'll probably see a runup in price beforehand and a selloff once it's done as people buy the rumor and sell the news (as if it weren't already locked in).  The real fireworks will probably happen when the rubber hits the road in 2025 though and the cut supply starts really being felt by the market.  I'm expecting summer of '25 to probably bring us the 6 figure Bitcoin we've been waiting for.  If it doesn't hit at least $85K I can say that I will be disappointed. 

[Cookdata]

Isn't this a little out of the discussion at this time? We are almost two years into the next halving, and depending on how new blocks are discovered, it may take a little less time or may take longer than the number of days you indicated.

There will be a price recovery of about $50k to $60k before the halving, and there will be a shake everywhere. Then, two days before the halving, some traders and speculators would sell the news, as they won't wait until that event day because they would want to outsmart others and after that, the miners will take over the market and move it to a new all-time high.
Expect to see more organizations and countries adopt bitcoin during this new bull run, and I sincerely hope that industry heavyweights like Elon Musk won't return to bitcoin, his presence in bitcoin has done more harm to bitcoin price.

[carlfebz2]

I thought that the next halving is going to occur around May, my calendar might be off, 

But in any case, yeah, it's the catalyst for the next bull run so everyone is going to be excited to see that event again. But before that, we should continue to accumulate today, still cheap as the price is still around the all time high in 2017. And we still have a lot of time to do that, and as per prediction, we might be seeing 6 digits this time, (we all expecting it in 2021).

Same thoughts! which i do believe that it was on next year but to mind off that we are still on year 2022.LOL!

When it comes to this halving event, then majority of the community or crypto enthusiast specially with Bitcoin is that they are really that optimistic when it comes to this event which is something you cant really
ignore where positive vibes and views would really be floating and flying around.

We are all bullish when it comes to halving but dont expect or hope that much because we might see the other way around.

[tabas]

The past bull run had made it to the mainstream and for the financial companies. It will be a better bull run as that's my expectation to it. 6 digits could be the highest that it can get but we don't know how long it will stay at that rate.
Well, it's all about the pricing and most of us thinking about that $100k new ATH by that time after the halving. We may be too far from it but look at how time flies, we're already at the last quarter of 2022 and next year we'll be closer to the halving.

[Iranus]

~~~

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

No need to expect, just once bitcoin price goes up again and hits new ATH in 2024 the things you mentioned will increase automatically, there will be more bitcoin adoption in companies, countries, users...I can tell you that things will grow exponentially and one thing that never goes away with those good things, which we often hear about is the bitcoin bubble about to burst, run now.
Bitcoin vandals aren't just active during bear season with the slogan bitcoin will die, but they will be with us during the bull season with the slogan that the bitcoin bubble will burst during the bull season  . It would be sad without them and the Fuds around us when the bull season comes.

[Ahli38]

in the previous halving period I didn't even hold bitcoin. So I didn't experience it either. And it's different this time. because I now keep accumulating bitcoins all the time. And with this of course I became hopeful and wanted bitcoin to surpass its current high price. Apart from the price. I also hope that more countries will adopt bitcoin as a legal tender. when it comes to popularity then I think Bitcoin naturally continues to grow in popularity. and lucky I'm in a country that I think is the most friendly towards crypto and bitcoin assets. although taxes have been imposed in this country on crypto assets and bitcoins. but it doesn't burden us at all as bitcoin holders.

[melody82]

Well I think the halving will be bullish, but the price of bitcoins is always so crazy that its like impossible to predict what will happen! I think up, and maybe up a lot! Getting near to it, there will probably be fomo that boosts it more, but you never know what will happen until then, like governments banning it or something like that. Who knows!

[Davidvictorson]

So dear colleagues, What are your expectations? other than price increase
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

I think that there is sort of like an inverse relationship between the  bitcoin halving and increase in the number of users and it become more popular. What do I mean? I believe there is a negative correlation between the halving of the bitcoin supply and a rise in the currency's user base and level of popularity. Why do I say that? We already know that historically, the price of bitcoin always rises during the period of the bitcoin halving, and that more users would acquire bitcoin in order to benefit from the price increase. My prediction is that there will be more people using bitcoin, and that it will become more well-known since we will see it trending all over the world.

[Sarah Azhari]

Why is so much different from the coin market cap? what timezone do you use? 23 days is enough far. I don't know how to calculate, based on what?

Till now, 757,193 block have been mined and there are 82,807 blocks until the next halving.
Assuming the average block time for these blocks will be exactly 10 minutes, the halving should be 828,070 minutes later which is 575 days, 1 hour and 10 minutes later.
With this assumptions, the halving will be on May, 02, 2024. You see exactly the same date on Coingecko and bitcoinblockhalf.

buybitcoinworldwide (which was used by OP) and coinmarketcap (which was mentioned by you) are using different methods for estimating the halving date.
For example, you can use the average block time of previous halving periods or average block time of the previous difficultly adjustment period.

No one knows the exact date of halving.

Now, you make some difference (575 days), there is already a number of 532, 500 days...maybe next someone can make another difference.
but in my opinion, the difference in time is not important right now, because it's still long and people have begun to collect before it is too late like past. Don't fall into the same hole, too late to buy and then stuck at a high price.

[yazher]

The last Bitcoin Halving was crazy and it really creates some scenarios where it raises its popularity I'm sure when we getting more closer, more people will gonna buy bitcoins to get ready for sure profits. 2024 could be a different scenario as well but one thing is for sure, the price will increase and have a chance to go for record-breaking ATH. Just like the past history of bitcoin halving, it will gonna also attract more big fish in the market when they see the price rising too much.

[Gallar]

my hope if bitcoin halving is not much,

I hope bitcoin users get smarter, the users increase, and I become a successful and happy person.

but sometimes I like to think, is this bitcoin halving really going to happen,
but if you think about it,

- more and more bitcoin users
- technology is advancing
- many people already know about crypto investing
- most likely bitcoin will continue to advance

strangely, sometimes I have doubts about it,
somehow?

[Kakmakr]

I am not expecting a lot from this next Halving, based on the price behavior prior to the previous Halvings that we had before. Yes, it has a influence on the price, because it is a talking point in the media in the run up to the event, but most of the time... it only has a small impact on the price. 

People are making a big deal out of the Halving to hype it up, but the big whales are used to this and they are the ones that are having the biggest impact on the Bitcoin price. 

[davis196]

It's too early to discuss the next Bitcoin halving. Anything can happen in the next 2 years.
Why do you compare the halving price with the price 150 days after the halving? The massive price pumps usually happen 9+ months after the halving. It has been discussed multiple times in the forum, that a Bitcoin halving doesn't have a direct impact over the Bitcoin price, but it creates positive hype around the Bitcoin traders and users, so they start buying more BTC expecting the price to go to the moon. The price goes up, so the hype seems like a "self-fulfilling prophecy".

[aoluain]

I think the halving will likely be a somewhat non-event as usual.  Sure, we'll probably see a runup in price beforehand and a selloff once it's done as people buy the rumor and sell the news (as if it weren't already locked in).  The real fireworks will probably happen when the rubber hits the road in 2025 though and the cut supply starts really being felt by the market.  I'm expecting summer of '25 to probably bring us the 6 figure Bitcoin we've been waiting for.  If it doesn't hit at least $85K I can say that I will be disappointed.  

That's it! we have seen before a run up approximately 6 months before the event and
the question being asked very close to the event "is the halving PRICED IN already?" meaning
on the day of the halving and those days following is the price going to miracously jump,
and it doesn't really. It's the months following where the action really happens.

I would be very dissapointed if $100k isn't crossed!

     

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

There will definitely be more interest generated by the event, newbies are going to
get sucked in and get burned 2 years later.

Widespread adoption and all that - not likely just based on a block reward cut.

[KaliLinux]

~~~

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

No need to expect, just once bitcoin price goes up again and hits new ATH in 2024 the things you mentioned will increase automatically, there will be more bitcoin adoption in companies, countries, users...I can tell you that things will grow exponentially and one thing that never goes away with those good things, which we often hear about is the bitcoin bubble about to burst, run now.

I agree with you in regards to the effect of Bitcoin prices having a great effect on continued adoption by many even into the future. I mentioned the same in this post,  https://bitcointalk.org/index.php?topic=5415929.msg61066267#msg61066267
 yesterday and I believe like you, once the market reverses everyone including the doom preachers of Bitcoin will jump back into the circle including new users that will FOMO in too.
 

[EarnOnVictor]

The 150 days interval used by the OP does not allow the effect of the halving in 2012, 2016 and 2020 to be seen, he could have added the peak attained after the halving of each year for the effect to be well appreciated. Nonetheless, halving is a good tradition of Bitcoin and perhaps a time for BTC lovers to make money, but many are overrating this.

I've read some people claiming that 2024 halving would make BTC reach $100-150K, while some even go as high as $240K due to a cycle theory that might not see the light of the day.

As for me, the 2024 halving will surely help BTC to fly higher, but I predict that nothing higher than $100K would be witnessed. Precisely, BTC should not go above $87K due to the halving.

[buwaytress]

Didn't feel too long ago to me when we had last halving, it definitely doesn't feel too long more to the next one. 3+ BTC per block may seem even "admissible" to miners if you consider how long they've been enjoying and taking profits (and yeah many are supposed to be almost underwater now but still think that's an exaggeration)

It's not an exaggeration, I'm looking at a machine earning 7$ a day (soon $6 the way the hashrate is going)  with free electricity and the same machine going for around $2k on the market, 3 years of ROI with free electricity. Yeah there have been good times in mining, one year ago we were talking about $40 a day for the same machine but think of the future, with this kind of revenue once you have a miner breaking down, do you think of replacing it or you would simply keep with just what you have?

Didn't mean to sound dismissive if I did, apologise for that. But if you're struggling with free electricity, then I can imagine what it's like for a business.

I suppose I always tend to think that mining, in scale, which was the type I was thinking of, always has huge margins that past years have really built up a cushion. 500+ days to next halving, and looking at the 1.5 years generally needed after for the next ATH, it is going to be survival of the fittest to another level.

[tranthidung]

I suppose I always tend to think that mining, in scale, which was the type I was thinking of, always has huge margins that past years have really built up a cushion. 500+ days to next halving, and looking at the 1.5 years generally needed after for the next ATH, it is going to be survival of the fittest to another level.

We don't know when a new all time high will be touched and we don't know where is a new all time high.

From my experience, I know that we will have a new all time high as one of consequences of each halving. It's truly that we will have so many times and chances to take profit at higher price than the past all time high. Even if you miss a new all time high, don't sell at or around a new all time high, you will still be able to sell a lower price. Lower price under a new all time high should be higher than past all time high.

Just like you missed $69,000, you would have had many prices to sell from $50,000 to $40,000 and $30,000 or even just higher than $20,000.

[justdimin]

The 150 days interval used by the OP does not allow the effect of the halving in 2012, 2016 and 2020 to be seen, he could have added the peak attained after the halving of each year for the effect to be well appreciated. Nonetheless, halving is a good tradition of Bitcoin and perhaps a time for BTC lovers to make money, but many are overrating this.

I've read some people claiming that 2024 halving would make BTC reach $100-150K, while some even go as high as $240K due to a cycle theory that might not see the light of the day.

As for me, the 2024 halving will surely help BTC to fly higher, but I predict that nothing higher than $100K would be witnessed. Precisely, BTC should not go above $87K due to the halving.

There is really no exact date, nobody could find that exact date because there is none. The reality is that, one thing is a big fact that we can't deny at all, and that fact is "after a certain time passed over halving, the price starts to go up", we do not know how long needs to pass, or how high it will get, none of them is known.

What we know is that it is going to be some time after the halving, and we know that it is going to be something that will be higher than what it entered the halving as. This is why it is a smart decision to buy a bit before halving, and sell a while later, that way you could profit, better would be buying now and selling after 3-4 halvings later.

[stompix]

Didn't mean to sound dismissive if I did, apologise for that. But if you're struggling with free electricity, then I can imagine what it's like for a business.

No need to apologize as I didn't catch any vibe from it, don't worry, as for free electricity, no, I don't have that advantage, but still the numbers are real, an S19 is mining ~7-8$ worth a day and burning 75kwh, from there you can get the picture of what miners face right now.

I suppose I always tend to think that mining, in scale, which was the type I was thinking of, always has huge margins that past years have really built up a cushion. 500+ days to next halving, and looking at the 1.5 years generally needed after for the next ATH, it is going to be survival of the fittest to another level.

I agree with the past profitability, but they won't be using that cushion to keep mining unless they earn a profit or they face heavier losses if they won't be mining because they've paid in advance rent and contracted workers when faced with better profitability from just reselling contracted electricity even the big guys like Riot have chosen to shut down. So it's fairly easy, you burn 80$ to get 100$ worth of BTC you keep mining, I burn $80 to get 60$ I'm not stupid to keep on doing it so rather than spending 80$ on electricity I just rush and buy exactly 80$ with of BTC, I do have what you can call a cushion but I'm not an oil miner to have to keep this running even if I lose money.

But yeah, it will be survival of the fittest for real if the price doesn't move in 6 months, the rest will just idle on the side waiting for the next bull market.

[topman21]

I thought that the next halving is going to occur around May, my calendar might be off, 

But in any case, yeah, it's the catalyst for the next bull run so everyone is going to be excited to see that event again. But before that, we should continue to accumulate today, still cheap as the price is still around the all time high in 2017. And we still have a lot of time to do that, and as per prediction, we might be seeing 6 digits this time, (we all expecting it in 2021).

The current time is such a time that no one's analysis is useful.But the market position is currently very difficult to understand. You ignore this current market and move forward and you will see good things ahead.But we all have seen that Bitcoin has many such incidents in the past so don't worry too much and be patient Those who have the ability to invest invest in this dumping market for long term investment and you will see that you have earned enough profit very soon.

[yhiaali3]

Thanks for this good research on Bitcoin halving, it is quite clear that after every halving we get a new ATH so we are expected to get it after the next halving as well. I also expect the adoption of Bitcoin to increase around the world because it is normal for Bitcoin to attract the attention of more large investors every time we hit a new peak. I also hope to see more governments adopt Bitcoin.

[GreatArkansas]

Here's another platform to have track about the upcoming Bitcoin block halvings: https://www.bitcoinblockhalf.com/
There you can also see other information about Bitcoin block halving, like how it works, what is the effect, etc.
For me, this is the biggest event that I am looking forward for Bitcoin because it will also affect the market.

[LogitechMouse]

Nothing but a rise a few months after the halving.
I mean just by looking at the Bitcoin's last movements after the halving, we can already see that it will rise after the halving, right?

Well, a rise after halving isn't 100% sure but there is a high chance that it will happen and that's the only expectation that I have. Adoption? It will increase overtime and halving might have a little to no effect on it. As for the miners though, it will be a problem for them as their reward will be cut in half.  I don't know if this might affect or worse make people not mine Bitcoin anymore except for countries that have low electricity costs but... yeah .

[ethereumhunter]

Thanks for this good research on Bitcoin halving, it is quite clear that after every halving we get a new ATH so we are expected to get it after the next halving as well. I also expect the adoption of Bitcoin to increase around the world because it is normal for Bitcoin to attract the attention of more large investors every time we hit a new peak. I also hope to see more governments adopt Bitcoin.

Yes, we can expect the price to rise much higher than the previous ATH and maybe it can reach above $100k or even $200k. Bitcoin adoption has also been increasing worldwide and although there are still some people or companies are still afraid to invest more money in bitcoin, that's okay because, in time, they will invest more in bitcoin. That will provide more support for bitcoin so that, at that time, the price can increase gradually. And we, as bitcoin users who still believe in bitcoin's ability to go higher, are still holding and buying more bitcoins because we're bound to see new ATH prices in the future.

[NeuroticFish]

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

First of all, I agree with @davis196, there's still a long time until the next halving and too many things can happen.
However, I do expect wider acceptance, more companies do business related to bitcoin, increased popularity and number of users, but none of that is related to halving. This happens pretty much with every day passing.

What I expect more? On long terma I expect LN get used at a really large scale, I expect more similar solutions emerge, I expect we get to the point Bitcoin gets as easy to use as the fiat credit cards and that also get implemented in shops (eg. grocery store chains), I expect large businesses enter into mining either to burn excess energy, either to keep the network secure for the sake of their own musiness.
How much of this is going to happen until the next halving I don't know, but one can hope.

[Dunamisx]

   The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

There's nothing new coming in year 2024 halving that had not been a major event that has taken place before, we know that whenever we are getting closer to halving, there use to be a high volatility rate in bitcoin praise whereby it will drastically fall and same way sporadically rises to surge high, what is now expected of us is the strategic positioning to the occurrence of this event of halving before it take place and and thereafter it occurrence, people will make something reasonably good out of it if carefully studied.

[BTCat]

Yes, opposite of what many expect many crypto's go down on the short term after the halving event.

I remember thinking "it seems the price of bitcoin also is halving everytime it happens."

In the long term bitcoin will become scarcer and eventually the price will move accordingly.

Until now it reached a new platform around 20K and I would like to think we came from below $1200
instead of that we went down from 68K. We made the higher low 20 x above last top. We may see $12K - $13K
before we can win back trust in the market and the price could go back to $30K - $60K zone.

[TriaxialTick5]

Every four years, this number is cut in half.

It's not accurate. The halving occurs every 210,000 blocks which takes roughly 4 years.

New bitcoins are issued by the Bitcoin network every 10 minutes.

This is wrong too.
New bitcoins are generated in every block mined. It's estimated that a new block is mined every 10 minutes on average. A new block may be mined in a few seconds. It's also possible that it takes an hour.

How relevantis bitcointalk in 2022?

[Betwrong]

I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.

[arwin100]

I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.

The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.

[NeuroticFish]

I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.

The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.

Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...

[Oneandpure]

Based on experience with several Bitcoin Halving I have bigger expected for next halving on 2024 to see Bitcoin can make new ATH again, maybe opportunity for my altcoin assets holding after price drop drastically and waiting next time Bitcoin Halving on 2024 to see new higher price. Usually all previous Bitcoin Halving give positive impact with Bitcoin can reach to higher price, but next time Bitcoin Halving seems different than previous Halving time.

Many bad news show every days and last cases with BNB hacked make Bitcoin difficult to make new higher price although on next Halving Bitcoin on 2024. Expectation with Bitcoin Halving if can't reach new higher price and want to see Bitcoin can break out above $40,000 to make altcoin keep stable on higher price.

[buwaytress]

I suppose I always tend to think that mining, in scale, which was the type I was thinking of, always has huge margins that past years have really built up a cushion. 500+ days to next halving, and looking at the 1.5 years generally needed after for the next ATH, it is going to be survival of the fittest to another level.

Even if you miss a new all time high, don't sell at or around a new all time high, you will still be able to sell a lower price. Lower price under a new all time high should be higher than past all time high.

Just like you missed $69,000, you would have had many prices to sell from $50,000 to $40,000 and $30,000 or even just higher than $20,000.

Not only did I miss 69k, the most I ever sold for (other than my periodic sells which happens regardless of price, same as my "buys" which are just earnings invoiced) was actually just above 20k... have detailed that in earlier posts last year even, just a case of bad luck with a domestic emergency which would have been much more comfortable if it only happened a few months later.

Of course, it could just have as easily come a few months earlier before the 2020 rally and I'd really be fked.

And that's just me as a DCA-er, can't imagine the stress of running a balance book with mining, and counting ahead and making sure you're on the right side of razor-thin margins.

[Bitstar_coin]

Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...

Another phase of recession than what we are already experiencing? By 2024 of btc halving I expect the recession  to be reduced to the bare minimum, if it lingers till that period then there is definitely going to be a serious issue and no doubt will rob off on btc and crypto in general.

[Hispo]

I expect the price to start to slowly and steadily increase to a solid support between 80k-100k$ by the first year after the halving.
I believe that would be a great scenario for holders and long term investors as the adoption increases and the supply decreases, the logical path is an increase of value of Bitcoin.

Something very unexpected would be necessary to stop the increase of the price I personally look forward to. 

[LittleBitFunny]

I expect a new ATH, something above $100k. Only this time it will happen not after, but before the Feb 2024 halving. People are smart now, they know what happens after halving, so they will start buying beforehand, somewhere closer to the end of the year 2023, or maybe a bit earlier.

The discussion about $100k is circulating even if the halving still far to happen since many people thinks that bull run will continue to happen this year but all expectations fade out to due to bearish situation. But $100k is truly possible if big hypes coming but I'm not expecting any 6 digits yet since I think $90k will be more realistic price to reach up.

Well, OP was asking about other expectations than the price.
And while everybody hopes for 100k or higher, there are chances that if recession strikes we may not even reach the previous ATH...

We can see in 2020, bitcoin is accepted and popular in many stores, companies and countries. Whether possessing the technology of the future such as decentralization or privacy… but it can be seen that bitcoin is increasingly being noticed by its impressive growth rate and the profits it brings. Michael Saylor investing in bitcoin or El Salvador accepting bitcoin as legal tender because of the profit potential bitcoin can bring in the future. If the 2024 recession continues and bitcoin fails to reach all-time highs then I think other expectations are also very hard to achieve.

[coinerer]

If one believes Bitcoin's  four years cycle then 2024 will be one of the years for the next Bitcoin bull run. Where all previous records will be surpassed. Moreover, if various obstacles including war, inflation can be ended by this time, next year 2024 can be one of the years for Bitcoin revolution.

[jacktheking]

I've been through two Bitocin halving already. I feel that it will be the same. The market and mining scene will be affected. However, it won't be a drastic change to the point that Bitcoin price will skyrocket overnight.

Politics and market aside, I feel that I missed a great opportunity to mine Bitcoin when the rewards was high and difficulty was low. I can't blame myself as I was still a kid back then. With this, I should grab every opportunities I have now.

[RealMalatesta]

Intersting post, but i see there are alot of factors that are going to affect prices this time. Including mining costs, market conditions.. I guess we are going to see big debate on this in future.. but for sure with halving Bitcoin will become more precious.

I think the biggest one will be the market conditions, it’s going to be hard because at the end of the day there is a big reason for people to not invest into something when they are not sure about the whole market, like if stocks, the world economy and all is still bad like today then it is not going to be great even after the halving.

Look at the last halving, t happened right before the biggest inflation problem and money printing period of the world and of course last one was followed by a huge huge increase in the price. This time, it looks like either recession or maybe there will be some sort of situation where it will be recovering by that time hopefully.

[cryptosize]

Intersting post, but i see there are alot of factors that are going to affect prices this time. Including mining costs, market conditions.. I guess we are going to see big debate on this in future.. but for sure with halving Bitcoin will become more precious.

I think the biggest one will be the market conditions, it’s going to be hard because at the end of the day there is a big reason for people to not invest into something when they are not sure about the whole market, like if stocks, the world economy and all is still bad like today then it is not going to be great even after the halving.

Look at the last halving, t happened right before the biggest inflation problem and money printing period of the world and of course last one was followed by a huge huge increase in the price. This time, it looks like either recession or maybe there will be some sort of situation where it will be recovering by that time hopefully.

The next halving will coincide with climate QE:

https://www.zerohedge.com/energy/one-bank-reveals-dismal-truth-about-150-trillion-crusade-against-climate-change

[GideonGono]

To be honest I am expecting a new ATH because of it, I mean in the past halving we have seen Bitcoin creating a new ATH so I am also expecting it to have a new record because of it.
But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.

[KingsDen]

If one believes Bitcoin's  four years cycle then 2024 will be one of the years for the next Bitcoin bull run. Where all previous records will be surpassed. Moreover, if various obstacles including war, inflation can be ended by this time, next year 2024 can be one of the years for Bitcoin revolution.

The future in conjunction with the economy cannot be predicted correctly. Even if the present wars end, there is no guarantee that another war will not start. There is no guarantee that inflation will reduce, all the signals are pointing towards worse economic situations in the future.
Bur however it might be, there's obviously nothing that will stop bitcoin bull by next halving. Some factors can limit as high and as long as the bull will run, but it will definitely not stop it.

By next halving, I expect bull run and most altcoins will make better moves. I also anticipate rampant shit and fake projects by then due to the bullish nature of the marker. It will be a good time for cryptocurrency industry.

[Rana590]

To be honest I am expecting a new ATH because of it, I mean in the past halving we have seen Bitcoin creating a new ATH so I am also expecting it to have a new record because of it.
But I want it to be more stable when it goes up I hope that it would stay high not like what we have experience in the past ATH's.

Though anything is possible in crypto but I don't think Bitcoin will be able to reach new ATH within 2024. I think it will take some more times to reach the new ATH milestone. I'm waiting for buying more Bitcoin at a lower price which will help me to get higher profit in the future.

[Mpamaegbu]

...but 100k BTC should be the new conservative hmm?

Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.

[KennyR]

...but 100k BTC should be the new conservative hmm?

Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.

You've got a valid reason for the particular price on halving. Yeah, it have happened in the past. I remember the 2017-18 market, there is unexpected growth and everyone were speculating about price reaching $5000 and later it went on to $6000-$8000, but the market outlawed the prediction and reached $20k as it's first ATH reaching five digit value. This makes the chance of reaching the mentioned price amidst different patterns of market movement.

[Lanatsa]

...but 100k BTC should be the new conservative hmm?

Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.

You've got a valid reason for the particular price on halving. Yeah, it have happened in the past. I remember the 2017-18 market, there is unexpected growth and everyone were speculating about price reaching $5000 and later it went on to $6000-$8000, but the market outlawed the prediction and reached $20k as it's first ATH reaching five digit value. This makes the chance of reaching the mentioned price amidst different patterns of market movement.

This do really signifies that there's no one could able to predict on what would gonna happen ahead.We dont even expect that it would breach out 5 digit value.The value when i had just started here on crypto

was just a hundred backs per coin and no one had anticipated that it would go thousands.This is why i cant really blame out people on not to think or being that optimistic once bitcoin halving approaches.

We've seen on what happened in the past and we are really that optimistic that it could happen again.We do have that 69k price need to be break and even reaching possible 6 digit price.
Well, its not guaranteed but at least we are seeing the potential.

[qwertyup23]

From this thread alone, you cannot argue with facts that every halving, the prices of BTC increase in the market. Maybe, this is the golden opportunity for people to acquire as much BTC as they can garner in order to take advantage of the halving either for short or long-term investment. I mean, this is literally the solid proof and evidence that every halving, the prices of BTC increase!

Personally, I would not touch all the proceeds that I received from my campaign signature earnings and I will make it a point to invest at least $20-$40/month in acquiring BTC. The return is just too much profitable for me to ignore this kind of opportunity.

[dlightag]

Bitcoin Halving is a stage, where we experience a drops of blocks that is normally occur every 4years, which the last bull run has really open many people eyes about bitcoin digital asset to invest, which many countries we adopt and more investors will be more towards the industries, before  next bull run that is expecting bitcoin price to increase to $100,000 per one Bitcoin.

[coinerer]

Bitcoin Halving is a stage, where we experience a drops of blocks that is normally occur every 4years, which the last bull run has really open many people eyes about bitcoin digital asset to invest, which many countries we adopt and more investors will be more towards the industries, before  next bull run that is expecting bitcoin price to increase to $100,000 per one Bitcoin.

We have observed it several times that every four years Bitcoin price has a major correction and it makes a new ATH after being in the deep for a long time. With that in mind, Bitcoin may have another big pump towards the end of 2024.  And may create a new ATH again in early 2025

[Falconer]

About the high price, that's definitely what I expected. I have invested in bitcoin for the best moment in the future, of course because I really want to profit from it. Making a profit is the goal of investing, so I guess this is the normal expectation of investors.

Adoption is something that will support bitcoin to continue to benefit a lot from real use cases. As a currency, bitcoin would certainly deserve more adoption from large companies regardless of whether they receive payments for their products or pay their employees salaries. I don't have much hope, my orientation is still limited to investment assets considering bitcoin is not a legal currency in my country.

[inthelongrun]

Wow! By reading this and despite the current market situation, I felt the excitement for the things to come. Not realizing that I'll be two to three years older by then. Anyways, many of us must have buyback plans already. My plan is to DCA probably starting in December up to June or July next year. I really hope everything's going to be smooth. I can't wait for Bitcoin to reach $100,000 to $150,000 or even beyond that price.

And I wonder how many countries by that time will fully accept Bitcoin as a legitimate currency. El Salvador's investments and its decision to legalize Bitcoin as a currency will finally be proven to be successful by then.

[cheezcarls]

Although that I am so bullish into Bitcoin halving, but we always have to be prepared to expect the unexpected. For now, I am still accumulating some BTC every month with my extra “not beer” money despite that the pricr growth is uncertain even if it’s the upcoming Bitcoin halving.

In 2020 where the Bitcoin halving occurred, it took like several months before the price took off but don’t expect the same though. But I could be wrong. It’s just that in my own instinct, don’t expect too much about BTC to go to the moon after the halving so that you will be less disappointed.

[cryptosize]

Like clockwork:

[taufik123]

Although that I am so bullish into Bitcoin halving, but we always have to be prepared to expect the unexpected. For now, I am still accumulating some BTC every month with my extra “not beer” money despite that the pricr growth is uncertain even if it’s the upcoming Bitcoin halving.

In 2020 where the Bitcoin halving occurred, it took like several months before the price took off but don’t expect the same though. But I could be wrong. It’s just that in my own instinct, don’t expect too much about BTC to go to the moon after the halving so that you will be less disappointed.

The cycle may repeat itself or will change according to the state of the world economy and some of the fundamentals that affect bitcoin. The Bitcoin Halving is not always a sign that bitcoin will reach a new ATH, but the Halving is only a sign that Bitcoin will continue to rise. Some people believe that the halving will have a positive impact on bitcoin and will benefit them.

So before the halving occurs, buying regularly is something that is recommended as what you do. Hold and wait for the halving to occur, maybe it will provide some advantages for those who hold bitcoins.

[buwaytress]

...but 100k BTC should be the new conservative hmm?

Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.

More than double, yes... but ignoring that it was roughly 20x, followed by roughly 3 times in the last 2 halvings? I'm not saying I don't believe we'll do another double (so that's 130k) but 220k is just about the same "3x" of last halving.

Percentage increase from ATH to ATH has been shortening, not expanding...

[cryptosize]

...but 100k BTC should be the new conservative hmm?

Judging from what the previous ATHs after halvings were, that each halving more than doubled the prices of their predecessors, I will put the next ATH after halving at around $190,000 to $220,000 per Bitcoin. Yes, I know you may say it's not likely to get that high but you've to remember that no one ever thought Bitcoin price would get this high from the past. Even in 2017 after the ATH and its eventual collapse to $3,200 in 2019 or so, no one thought Bitcoin would rise from that near annihilation to blow past $68,000 in 2021.

More than double, yes... but ignoring that it was roughly 20x, followed by roughly 3 times in the last 2 halvings? I'm not saying I don't believe we'll do another double (so that's 130k) but 220k is just about the same "3x" of last halving.

Percentage increase from ATH to ATH has been shortening, not expanding...

Unless something radical happens (hyperinflation in US/EU, CBDC/UBI/social credit dystopia)... then I expect BTC to reach millions.

[BobK71]

The current crypto market and economy are in worse shape. There is no clear idea how much it can improve for the next year. If the state of war continues, there is no chance of normalization of the situation. But considering the overall situation, since the market is bearish for a long time, if  imagine 4-year bitcoin cycle, it is definitely worth investing. As such, next year 2024 could be another bull session for Bitcoin where no one knows to what level it may reach.

[Betwrong]

Like clockwork:

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

[Ahli38]

Even if you look at the current economic condition, which is in the midst of a very severe economic crisis on a global scale. and that made it difficult for bitcoin to recover from a long bear market. because even all investment sectors experienced a prolonged decline due to increasingly severe inflation.
but I still hope and feel optimistic in the next bullrun Bitcoin will break its new ATH record. And I still think this bear market is an opportunity to continue to collect even if little by little.

[yazher]

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

I think it's really better to start buying right now even if it's not that high because when you plan to hold your BTC for so long or just when another bull run takes place, you will look for a better place and nothing can be the current timing of the market today because of its hard battle to cross the $30k mark again and you may as well consider to not wait for it to cross to save a lot of money and earn as much as you can when the desired time will come. Bull runs always comes after the bitcoin halves and it has never been missed once since the start of this crypto history.

[samuraijin]

Like clockwork:

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

This is what is called a 4 year cycle, everyone will wait for the Halving moment, and certainly will expect a lot with growth in all markets, even though we are in a bear market right now, here is my hope that in the coming year there will be no downturn in the world economic system,  because many large countries have been affected by the downturn in a very chaotic economic system, many companies are experiencing losses and not to mention the impact of the current inflation, demanding that all countries raise prices for the necessities of life, at least in the upcoming Halving in 2023 at least  The growth in the crypto market is not affected by the problems that are being talked about in all foreign media.

[pawanjain]

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

1. Currently bitcoin is adopted by ElSalvador and Namibia and I think the adoption is growing.
But we cannot really say that in the next 2 years the adoption will drastically increase. It will take its time.

2. Yes, I think more companies will be involved with crypto. Now that there are rumors that google will accept crypto for its cloud services.
May be this will encourage other companies to accept crypto as well.

3. Ofcourse

4. Need a bull run for increase in number of users.

5. I think bitcoin halving will be a major event to trigger the next bull run.

[YOSHIE]

So dear colleagues, What are your expectations? other than price increase

Halving is one of the most awaited moments by Bitcoin users, especially investors, investments and so on, of course they have a lot of hope for the Bitcoin Halving.

Many crypto users were waiting for the Bitcoin Halving to happen, unfortunately, they were completely empty when it happened, not a few Bitcoin users just regretted what they saw and happened.

Me personally if the Bitcoin Halving happens in 2024, I just want to have hope there is a change for myself and I don't expect a failure to happen like the Halving that happened in the year that has happened, that's all I hope for, despite all that you havesay.

[Mr.right85]

I see based on the above history which you made an 150 days approximate that it will go further up and that cannot be stopped in any way.However to make a better comparison it is this one I am going to make below:

Halve of 2012
Price of 1.5 year later end of 2013 1100 dollar from a really low one

Halve of 2016
Price 1.5 year later we had the massive first all time high in December 2017 at 20.000 dollars

Halve of 2020
Price 1.5 year later we had another the biggest all time high in October 2021 at near 68.000 dollars

Based on history now after that halve I expect a huge new all time high.

The comparison I hoped to see and find more appropriate to the thread in contrast to the data set presented by OP although accurate. The all time highs after each consecutive 4 years intervals for halving to happen is where eyes and minds are set.

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016. That's about $48k in difference and I think, if bitcoin could do that, it would reach and break the previous ATH ($68) and leave another ATH at $100k by the end of 2024.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

[_BlackStar]

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016.

A slight correction, the previous ATH occurred in 2017 and it was around December.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

Well we have to be aware and have to stay realistic that there is no guarantee about $100K after the 2024 halving. It's just a hope that may not come true especially if the world economic conditions get bad. I can't expect that $100K ATH to happen between 2024-2025, there has to be something big happening there including an influx of institutional investors and more adoption. Optimistic of course, but be wise.

[bitbollo]

We are living in a historical moment with a lot uncertainties and it is really difficult to make estimates on bitcoin and its price.
Nowadays the key aspect is the security that this technology offers as a p2p payment.
SN created this algorithm for just this purpose ... "chancellor on brink of second bailout for banks ..."
Sooner or later, if this technology works with this precision ... the price will skyrocket.
I do not know when. I hope to be there though.

[cryptosize]

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016.

A slight correction, the previous ATH occurred in 2017 and it was around December.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

Well we have to be aware and have to stay realistic that there is no guarantee about $100K after the 2024 halving. It's just a hope that may not come true especially if the world economic conditions get bad. I can't expect that $100K ATH to happen between 2024-2025, there has to be something big happening there including an influx of institutional investors and more adoption. Optimistic of course, but be wise.

Climate change mitigation measures/green energy (costing many trillions of dollars), China invading Taiwan, USD no longer the global reserve currency, hyperinflation kicking in and potentially hyperbitcoinization...

These events will happen around 2025, just in time for the next bull run.

[rojan]

Even if you look at the current economic condition, which is in the midst of a very severe economic crisis on a global scale. and that made it difficult for bitcoin to recover from a long bear market. because even all investment sectors experienced a prolonged decline due to increasingly severe inflation.
but I still hope and feel optimistic in the next bullrun Bitcoin will break its new ATH record. And I still think this bear market is an opportunity to continue to collect even if little by little.

I think there are two types of investors are in crypto market. One is always too worried about the market and some are investing in crypto without any tension. One difference between these two types of traders is that they are afraid to buy when the market is bearish, while those who take advantage of the bearish period with courage, have many times more profit. Because those investors believe that Bitcoin will go up today or tomorrow. Bitcoin's current condition is bad but it will break all its records by 2024 and set a new record.

I also bought bitcoin with that hope.  I think Bitcoin price may rise again next year.  Invested in Bitcoin with that hope.  But there will be a little problem if the price of Bitcoin does not increase next year.  Maybe I have to sell my bitcoins at a loss.  But I expect the Bitcoin price to rise in the coming year.  This whole year Bitcoin price has gone through dumping.

[DeathAngel]

The lead up to & shortly after the halving is usually a non event. The trolls come out, saying it’s priced in & bitcoin won’t go up. Then 6-12 months after the halving, the reduction in newly mined coins starts to take effect. We see a supply shock & we start to power into a bull run. I expect fireworks before end of 2025. The halving is always the first catalyst but it takes time to really ignite.

[Bitstar_coin]

We are living in a historical moment with a lot uncertainties and it is really difficult to make estimates on bitcoin and its price.
Nowadays the key aspect is the security that this technology offers as a p2p payment.
SN created this algorithm for just this purpose ... "chancellor on brink of second bailout for banks ..."
Sooner or later, if this technology works with this precision ... the price will skyrocket.
I do not know when. I hope to be there though.

Most especially the recent economic downturn will make people to move away from their familiar territory to other sectors that feel will be useful and the crypto sector seem to be the better option. Btc has proven to be trusted, reliable and can cross all borders to serve users, which is even more impressive and attract new users. The technology is already working and fully ready to be used, it is now up to people to recognize its importance to solve some of the financial issues.   

[Abiky]

Looking at how it went in the past and how Bitcoin has gained a lot of users, adoption/acceptance is going to be much higher in the next period and up to the next halving. And since Bitcoin is growing older, many more people are interested and accepting it as a profitable asset, so I think we will have a lot of new investors who will want to profit on the expected price pump around the halving.

On the note of the price speculation, I wouldn't really speculate a number since we don't know how will the market hold until the halving. A price increase is inevitable, but we don't know what the current price of that period will even be, it might even be less than expected. Of course, fingers crossed for a huge ATH

While the halving will reduce the amount of Bitcoins that can be mined, it certainly won't have an effect over the cryptocurrency's price in the short term. It's likely network fees will skyrocket as people interact with Bitcoin like crazy during the first months of the halving. I don't think the global economy will recover by 2024, especially when 2023 will lead us into a huge recession. If the economy doesn't recover by 2024, don't expect Bitcoin or any other cryptocurrency to reach a new All-time-high in price.

It's likely BTC will bounce all the way to $40k by the time the block reward is cut in half. Long-term speaking, it should be able to become more valuable depending on the world's economic situation. Many things could happen by 2024, so let's hope for the best. Just my thoughts

[dansus021]

like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

[Don Pedro Dinero]

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

6 digits easily...

Some people are even more bullish:

https://twitter.com/stackhodler/status/1469038294591754240

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

[CryptoHeadlineNews]

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

For me, i strongly believe there will be a massive increase in the price of Bitcoin just after the 2024 new Bitcoin halving,  which will equally lead to more countries adopting it as a legal tender, just as El Salvador and the Central African Republic did last year when the price of Bitcoin rose to above $50,000 per BTC, because the reason why we haven't heard more countries talking about Bitcoin is as a result of the recent economic global crash which affected the whole world due to Russia's war against Ukraine. But things are getting better now, and hopefully we looking at Bitcoin hitting the $100k per BTC benchmark come 2024

[cryptosize]

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber.

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

[buwaytress]

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

Conservative yes, but with an equally conservative timeframe (that's no sooner than 2025 for me). And yeah, we're already learning a lot from this cycle, some past wisdoms already negated (price cannot go below a previous cycle's ATH being the one sticking out for me) but the next cycle might clue us in on whether shrinking patterns of lower volatility and narrower amplitudes will still hold true.

[Anonylz]

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber.

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

If that post is as original as it was posted without any editing functions, I would say whoever it is has a crystal ball since almost all that is on that list has occurred, but then again it is hard to trust things like this as it is very easy for people this days to edit stuff. But the btc prediction though is quite high if you ask me, even if such a prediction can happen, it will certainly be for the very long term.

[Fatunad]

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

Obviously, the market is not ready yet for these positive events as I’m expecting more roller coaster price moves for bitcoin the following year. Though there are always positive effects in every bitcoin halving, but i guess that will only be temporary. Bitcoin will still experience price drops every now and then, not only because of its volatility, but also because the market might still stay being bearish the whole year of 2024.

Expect the unexpected as always specially that we are dealing on an unpredictable market whether the upcoming halving would give out some huge impact or not into its current price but looking at on the history
then we can't really blame people on being optimistic which we are really that expecting that theres really some possible ath situation to be seen.We are all hoping for some significant price increase
whenever halving event do happen but we shouldnt really be making yourself that too expecting so that you wont get disappointed if ever the market
wont makes some huge movement on where you are expecting into.

[cryptosize]

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber.

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

If that post is as original as it was posted without any editing functions, I would say whoever it is has a crystal ball since almost all that is on that list has occurred, but then again it is hard to trust things like this as it is very easy for people this days to edit stuff. But the btc prediction though is quite high if you ask me, even if such a prediction can happen, it will certainly be for the very long term.

Twitter has no edit function so far.

Also, 10 million USD assumes hyperinflation (again: read the whole tweet), so it could be the equivalent of 1 million USD of today. Not bad if you ask me.

[VanillaH]

It will be like other halving: because less Bitcoins are being generated, its value will increase.

However, I do not know if the value will increase as much as in the past since we will probably in a cycle of rising interest rates.

[TheGreatPython]

like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

Everyone knows about the current ‍situation of Bitcoin. We cannot yet say that Bitcoin is in a good position. If the premonitions of an economic downturn are reversed, Bitcoin will take a turn for the worse. But there is no doubt that Bitcoin will be bullish again. Next year 2024 we may get the year of Bitcoin again.

I am guessing that bitcoins year will be around 2025 instead of 2024, the price could go up more than what it is right now until that day, but the real increase will happen in 2025 if you ask me. What I mean is, by 2025 we could see it be 50k to 70k range, that would be a good increase and everyone will think that we already went up a lot.

But, what I believe will happen is that by 2025 after a certain time passed over halving, we are going to end up seeing something like 200k+ and that will be the "real" increase, that’s a very important difference. That would be the thing that I am waiting for right now and when it happens I may actually retire comfortably.

[Betwrong]

Like clockwork:

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

This is what is called a 4 year cycle, everyone will wait for the Halving moment, and certainly will expect a lot with growth in all markets, even though we are in a bear market right now, here is my hope that in the coming year there will be no downturn in the world economic system,  because many large countries have been affected by the downturn in a very chaotic economic system, many companies are experiencing losses and not to mention the impact of the current inflation, demanding that all countries raise prices for the necessities of life, at least in the upcoming Halving in 2023 at least  The growth in the crypto market is not affected by the problems that are being talked about in all foreign media.

What media is saying about ups and downs in the crypto market is rarely true, if ever. When a rise happens, it's easy to make up some "causes" post factum, and that's what they are doing, basically. They are even more inventive when a falling happens, because bad news always attract more attention.

[danherbias07]

Reach the last ATH and stay that way for a year or more. It becomes the new bottom despite the economic problem. 

No one is sure what will happen. We didn't even know that waging war will happen again. I thought it will just be politics bashing each other using social media platforms. But now it's real. I think even with the halving to come, there will be a hard time for Bitcoin to shoot up in value once again.
Unless we recover at a fast pace after they made peace again or just in agreement about something.

[MinoRaiola]

In 2024, after halving, something has to change, if only when it comes to mining the rewards and the increasing difficulty. It makes it very unlikely that bitcoin prices will fall after that. Anything is possible, but if the miners only have half as much bitcoin that they sell, then I hope for more demand and higher prices in 2024.

[Vaculin]

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

2024 is just too early to say that we will achieve global adoption and see bitcoin price reaching its price above $100k. Let’s target btc price like $70k-$80k first knowing it’s quite possible for that. However, despite of the bitcoin halving that is set to happen by next year, I guess the market will more likely to stay bearish which means bitcoin is most likely not to reach significant heights that time. This is just my thought considering the current condition of the market.

[lalabotax]

I have many expectations for BTC halving in 2024. I really expect BTC achieves a new ATH, I also hope that there are more top companies and more countries to declare BTC as legal tenders. These probably happen in the next 2-3 years because BTC is getting popular right now. And we must know that BTC halving always plays a big role in crypto market, people are waiting for this moment. I am sure there will be more people involved in crypto investments once BTC halving happens. People already know that BTC halving is the cause of the crypto price increases.

[lionheart78]

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?

Adoption is still on going and the government are taking notice of the growth of popularity of Bitcoin and institution adopting it so basically I think that countries that are hesitant about Bitcoin will start to reconsider their stance and might give Bitcoin a chance to be adopted.  Bitcoin usage is already widespread and the adoption is already in global stage so there is no other thing but to think that Bitcoin will keep on spreading and government acceptance will be in a new height.

*More involvement from big companies?

Obviously, more country accepting Bitcoin, more big company will try to take advantage of the opportunity Bitcoin offers.

*More popular?
*Increase number of users?
*Any other.......

More government acceptance equals more popularity and an increase in user and community.  Lots of apps will be since each company will have its application released to cater to Bitcoin transactions.

[noormcs5]

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

I am not sure what will be the price of bitcoin at the end of the next bull market but if you say that the price will be between 100,000 to 120,000$ then that will be only 2x of bitcoin all time high. Remember that bitcoin went to approx. 69,000$ in the previous bull season.

I hope that bitcoin reaches new all time highs in the next bull run exceeding our expectations. 

[NicNacCoin]

Bitcoin will certainly form a good position. Currently, based on the recent state of the country and the war situation in various countries such as Russia and Ukraine, Bitcoin may have such a position.Once the Russia and Ukraine belligerence ends, Bitcoin will be in a good position again.I think this Russia is dumping Bitcoin so much because of Ukraine But in 2024 there will definitely be a halving of Bitcoin. But I think bitcoin will surely reach 100k dollar any day.

[cryptosize]

Plot twist:

Russia & China hoard BTC secretly @ 19-20k USD.

And I reckon in 2026 we will have a new bear market thanks to the China-Taiwan war, which will probably instigate WW3 (West vs China).

It doesn't matter if the Russia-Ukraine war ends...

[Abiky]

It will be like other halving: because less Bitcoins are being generated, its value will increase.

However, I do not know if the value will increase as much as in the past since we will probably in a cycle of rising interest rates.

Technically, Bitcoin's price should increase with every block reward halving. But if the global economy is in a recession, you cannot expect things to get better anytime soon. I don't think central banks will keep rising interest rates forever, especially when currencies aren't meant to be deflationary. This is only a temporary measure to help control inflation as a result of the COVID-19 pandemic and the Russia-Ukraine war. After this is over, we can expect Bitcoin to reach a new All-time-high in price.

If you're smart enough, you'd buy as much Bitcoin as you can while the market is bearish. By taking advantage of this opportunity, you will increase your chance of becoming a wealthy person within the not-so-distant future. Who knows what 2024 holds for Bitcoin and other cryptocurrencies on the market? Just my opinion

[yohananaomi]

Bitcoin will certainly form a good position. Currently, based on the recent state of the country and the war situation in various countries such as Russia and Ukraine, Bitcoin may have such a position.Once the Russia and Ukraine belligerence ends, Bitcoin will be in a good position again.I think this Russia is dumping Bitcoin so much because of Ukraine But in 2024 there will definitely be a halving of Bitcoin. But I think bitcoin will surely reach 100k dollar any day.

It seems that apart from the prolonged covid pandemic and coupled with Russia's intervention in Ukraine, it has greatly impacted the current economic crisis that has hit many countries and triggered high interest rates. Of course this is what causes bitcoin to experience a prolonged correction. so while peace between Russia and Ukraine would obviously not make a very big impact, the situation has become difficult as a result of all that impacts.

bitcoin will start to improve is expected to occur when entering the halving period and it could be what you say that bitcoin can reach $100K will happen. but after the halving period the movement of bitcoin will continue to improve and there may be a renewable ATH in 2025. although time is still very long, of course it will always be wise to continue to be able to take this opportunity to make purchases for investment.

[buwaytress]

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

I am not sure what will be the price of bitcoin at the end of the next bull market but if you say that the price will be between 100,000 to 120,000$ then that will be only 2x of bitcoin all time high. Remember that bitcoin went to approx. 69,000$ in the previous bull season.

I hope that bitcoin reaches new all time highs in the next bull run exceeding our expectations. 
[/quote]

1300: 20000 was 15x of previous ATH
20000 to 69k was 3.5x of previous ATH

So, yes, "only 2x" does seem to be keeping in the pattern of reducing multiples of ATH. I'd love for it to increase to break this pattern but I'd also love to win the lottery.

[uneng]

It will be like other halving: because less Bitcoins are being generated, its value will increase.

However, I do not know if the value will increase as much as in the past since we will probably in a cycle of rising interest rates.

Technically, Bitcoin's price should increase with every block reward halving. But if the global economy is in a recession, you cannot expect things to get better anytime soon. I don't think central banks will keep rising interest rates forever, especially when currencies aren't meant to be deflationary. This is only a temporary measure to help control inflation as a result of the COVID-19 pandemic and the Russia-Ukraine war. After this is over, we can expect Bitcoin to reach a new All-time-high in price.

If you're smart enough, you'd buy as much Bitcoin as you can while the market is bearish. By taking advantage of this opportunity, you will increase your chance of becoming a wealthy person within the not-so-distant future. Who knows what 2024 holds for Bitcoin and other cryptocurrencies on the market? Just my opinion

I agree with your statement. One of the key points of next bitcoin halving is going to be the decay of fiat currencies, since the high interest rates being paid right now over those currencies is going to have a negative impact on the value and purchasing power of fiat in some years. It must coincide with bitcoin halving in 2024, leading more investors to buy bitcoins, launching a boosted bull run which must put btc price in an inedit position by 2025.

I expect at least 100,000$ ATH, but this time I'm not going to wait btc hit round numbers... A stagnant 99,000$ would be already a strong signal the roof has been touched.

[Blawpaw]

                         


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

So far the behavior of bitcoin price has been pretty comparable to right after the halving in every halving. IMO the predictions are pretty much the same. The precentage of price increase will keep around the 10 to 15% after the halving, but we never know. We may see like a huge price increase before the halving as we may see it going down due to the increasing regulation pressure.

[Webetcoins]

like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

Everyone knows about the current ‍situation of Bitcoin. We cannot yet say that Bitcoin is in a good position. If the premonitions of an economic downturn are reversed, Bitcoin will take a turn for the worse. But there is no doubt that Bitcoin will be bullish again. Next year 2024 we may get the year of Bitcoin again.

People should be grateful including on what we have here in btc because as we can see the price is holding tight and this is better than when the price keeps on falling down. The premonition about economic downturn are no more premonition because it already came true and currently we are still at it. If ever that didn't happened btc won't have a price like this but we will be seeing a price which are over $30k. 2024 is a year of halving or we can say a year of btc.

I expect that the price will rise before it because people will be more excited so they will buy more coins just like the eth merge event but I think btc price increase can continue even after the halving event.

[Ultegra134]

It will be like other halving: because less Bitcoins are being generated, its value will increase.

However, I do not know if the value will increase as much as in the past since we will probably in a cycle of rising interest rates.

Technically, Bitcoin's price should increase with every block reward halving. But if the global economy is in a recession, you cannot expect things to get better anytime soon. I don't think central banks will keep rising interest rates forever, especially when currencies aren't meant to be deflationary. This is only a temporary measure to help control inflation as a result of the COVID-19 pandemic and the Russia-Ukraine war. After this is over, we can expect Bitcoin to reach a new All-time-high in price.

If you're smart enough, you'd buy as much Bitcoin as you can while the market is bearish. By taking advantage of this opportunity, you will increase your chance of becoming a wealthy person within the not-so-distant future. Who knows what 2024 holds for Bitcoin and other cryptocurrencies on the market? Just my opinion

This is also something to take into account, and I've been expressing myself too. If the economy is in the current or worse state of recession, don't expect the halving to rapidly change the market. We are, however, supposing or at least hoping that things will have improved by then. In my opinion, the economy will be in a better state than the current one, but still won't be at pre-Covid-19 levels, which means that Bitcoin might not have skyrocketed by then, but one thing is almost certain, that Bitcoin will be worth a lot more than it is now.

Will it surpass the previous all-time-high? From my point of view, if it hasn't, it will be quite close to it.

[Abiky]

This is also something to take into account, and I've been expressing myself too. If the economy is in the current or worse state of recession, don't expect the halving to rapidly change the market. We are, however, supposing or at least hoping that things will have improved by then. In my opinion, the economy will be in a better state than the current one, but still won't be at pre-Covid-19 levels, which means that Bitcoin might not have skyrocketed by then, but one thing is almost certain, that Bitcoin will be worth a lot more than it is now.

Will it surpass the previous all-time-high? From my point of view, if it hasn't, it will be quite close to it.

Whatever happens, you can rest assured Bitcoin won't be going anywhere soon. I think 2024 will make Bitcoin bigger and stronger than ever, as more miners join the Blockchain for profit. After all, there will be less Bitcoins generated per block. Price-wise, Bitcoin should be able to reach a new ATH shortly thereafter if the global economy fully recovers. Even if the economy worsens, Bitcoin will be much more valuable than what it is right now (although it won't reach a new ATH in price) because of the rules of supply and demand. Kudos to Satoshi for making the best money the world has ever seen. Who knows if someday Bitcoin beats Gold as a long-term store of value? Just my thoughts

[Betwrong]

~
1300: 20000 was 15x of previous ATH
20000 to 69k was 3.5x of previous ATH

So, yes, "only 2x" does seem to be keeping in the pattern of reducing multiples of ATH. I'd love for it to increase to break this pattern but I'd also love to win the lottery.

That's right. Let's be realistic. Let's not expect $1,000,000 for 1 BTC during the next ATH. It is very likely that the price will be even less than 2 times of the previous ATH, something around $120,000, which many people predict btw. And in several years after that, the next ATH will probably be only 1.5x, meaning that BTC will cost around $180k, the next ATH - 1.3x, and so on. I personally think that we are following this pattern.

[Luzin]

I'm also worried about this state of affairs, and this local forum is also being talked about. But my expectations are greater than mine, so let's make those expectations happen. Even though we are only a small fish but if we have a large number then we will become whales.
As an investor, of course, we must understand this risk. We only need to set up a backup step in case of bad odds. Besides I'm sure if a recession happened it wouldn't be too long. Bitcoin as a digital asset has proven its strength. So I believe Bitcoin will still reach a new price.

[Ultegra134]

This is also something to take into account, and I've been expressing myself too. If the economy is in the current or worse state of recession, don't expect the halving to rapidly change the market. We are, however, supposing or at least hoping that things will have improved by then. In my opinion, the economy will be in a better state than the current one, but still won't be at pre-Covid-19 levels, which means that Bitcoin might not have skyrocketed by then, but one thing is almost certain, that Bitcoin will be worth a lot more than it is now.

Will it surpass the previous all-time-high? From my point of view, if it hasn't, it will be quite close to it.

Whatever happens, you can rest assured Bitcoin won't be going anywhere soon. I think 2024 will make Bitcoin bigger and stronger than ever, as more miners join the Blockchain for profit. After all, there will be less Bitcoins generated per block. Price-wise, Bitcoin should be able to reach a new ATH shortly thereafter if the global economy fully recovers. Even if the economy worsens, Bitcoin will be much more valuable than what it is right now (although it won't reach a new ATH in price) because of the rules of supply and demand. Kudos to Satoshi for making the best money the world has ever seen. Who knows if someday Bitcoin beats Gold as a long-term store of value? Just my thoughts

I don't think the economy will be in a much worse state than it is right now. We're quite close to hitting rock bottom. How much worse can it get in just a few years? Even if it's in the exact same situation, Bitcoin after the halving will certainly be worth more than it's worth right now for the reasons you previously explained.

Therefore, I don't find any particular reason to sell my Bitcoin before the halving occurs, unless I'm in dire need of money. I'm patient enough to hold for as long as possible.

[Furious 7]

~snip~

Everyone is waiting for $100k in the next cycle and this has been predicted by many. If we look at the history of the bitcoin halving, of course new ATH continues to be achieved and the price exceeds the price we predicted. as you said if BTC can reach $120k max. 2024 being the most awaited halving, new investors will certainly start to enter and enliven the bitcoin market. Many good wishes for the 2024 halving.

This is really a real hope apart from now the price is not too beautiful to look at but the hope is still there and all you have to do now is just keep waiting and waiting while buying little by little with money that is not too used for daily needs -our day because indeed it could be a good option.

I'm just going to keep bracing myself that the $100k is bound to happen sooner or later.

[Abiky]

I don't think the economy will be in a much worse state than it is right now. We're quite close to hitting rock bottom. How much worse can it get in just a few years? Even if it's in the exact same situation, Bitcoin after the halving will certainly be worth more than it's worth right now for the reasons you previously explained.

Therefore, I don't find any particular reason to sell my Bitcoin before the halving occurs, unless I'm in dire need of money. I'm patient enough to hold for as long as possible.

Yes. But what if China decides to invade Taiwan in the middle of the Russo-Ukraine crisis? Then the global economy would be in a much worse state than what it is right now. If that happens, Bitcoin will dive deeper in price, making the dreams of reaching $100k per coin a distant one. By the time Bitcoin's block reward is cut in half (2024), it's likely market prices will soar but not to a point where BTC gets past its latest ATH in price. That is if the global economy worsens or remains the same as it is right now. If things improve by 2024, then Bitcoin will rise faster than you could've ever imagined. The future holds many surprises, so we can only hope for the best. Just my thoughts

[Minecache]

~
1300: 20000 was 15x of previous ATH
20000 to 69k was 3.5x of previous ATH

So, yes, "only 2x" does seem to be keeping in the pattern of reducing multiples of ATH. I'd love for it to increase to break this pattern but I'd also love to win the lottery.

That's right. Let's be realistic. Let's not expect $1,000,000 for 1 BTC during the next ATH. It is very likely that the price will be even less than 2 times of the previous ATH, something around $120,000, which many people predict btw. And in several years after that, the next ATH will probably be only 1.5x, meaning that BTC will cost around $180k, the next ATH - 1.3x, and so on. I personally think that we are following this pattern.

This is understandable, the market is getting bigger and the bitcoin capitalization is also bigger than previous years so we can't ask for too much. From $ 1 to $ 10 is simple but from $ 100 to $ 1000 the difference is a lot, the capitalization will increase a lot so can't expect the bitcoin price to be x5 or x10 as usual. To make predictions, we should look at market capitalizations rather than just looking at their prices to make our predictions. And this is also the reason that I think many new investors didn't choose bitcoin and they started to choose altcoins to get bigger profits.

[2stout]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

[Abiky]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

Yes. But sometimes things don't turn out the way we hoped for. There's the issue of Russia and the increasing number of new COVID-19 variants, greatly affecting the global economy. We can't expect Bitcoin to reach a new ATH in price, especially when the crypto market is moving in correlation with the stock market. People are mainly focused on rising food, gas, and energy prices. Those who have spare money to pour into Bitcoin, are usually whales and/or wealthy people. The rest are putting their money aside into things that matters most.

Unless the recession comes to an end, Bitcoin will have a hard time trying to break through $68k per coin. At least, we know BTC will experience a slight uptick in price shortly after the halving. It might not reach a new ATH in price, but at least it will be worth more than what it is right now. As long as you play your cards right, there should be nothing to worry about. Just my opinion

[2stout]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

Yes. But sometimes things don't turn out the way we hoped for. There's the issue of Russia and the increasing number of new COVID-19 variants, greatly affecting the global economy. We can't expect Bitcoin to reach a new ATH in price, especially when the crypto market is moving in correlation with the stock market. People are mainly focused on rising food, gas, and energy prices. Those who have spare money to pour into Bitcoin, are usually whales and/or wealthy people. The rest are putting their money aside into things that matters most.

Unless the recession comes to an end, Bitcoin will have a hard time trying to break through $68k per coin. At least, we know BTC will experience a slight uptick in price shortly after the halving. It might not reach a new ATH in price, but at least it will be worth more than what it is right now. As long as you play your cards right, there should be nothing to worry about. Just my opinion

I hear you but I'm fine even if it doesn't happen in the timeframe I think I will.  I don't believe COVID-19 will have much of an effect on Bitcoin price since Bitcoin hit its ATH during the pandemic.  Also recessions happen all the time in a cyclic manner, every so many years.  Everything will go back up and Bitcoin will be a part of it; it's all about the long game.

[Luzin]

I'm just going to keep bracing myself that the $100k is bound to happen sooner or later.

The expectations of many BTC holders including me. Although there is a lot of concern because there is an issue that the world economy will experience a downturn. Many economists predict a recession. Because economic growth is below target. There are also those who say that this recession is a state of economic crisis that is bigger than it has ever been. But this situation I hope does not make BTC holders weak and sell all their assets.

[Marvell1]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

Yes. But sometimes things don't turn out the way we hoped for. There's the issue of Russia and the increasing number of new COVID-19 variants, greatly affecting the global economy. We can't expect Bitcoin to reach a new ATH in price, especially when the crypto market is moving in correlation with the stock market. People are mainly focused on rising food, gas, and energy prices. Those who have spare money to pour into Bitcoin, are usually whales and/or wealthy people. The rest are putting their money aside into things that matters most.

Unless the recession comes to an end, Bitcoin will have a hard time trying to break through $68k per coin. At least, we know BTC will experience a slight uptick in price shortly after the halving. It might not reach a new ATH in price, but at least it will be worth more than what it is right now. As long as you play your cards right, there should be nothing to worry about. Just my opinion

The 4-year cycle may still repeat, but the current situation is much different than before, the macro impacts are directly affecting the market. For the crypto market, this has not happened before. Whether the stock market or the cryptocurrency market, it is very difficult to bounce back if the economy is still bad. The market depends on supply and demand, but in a crisis economy people focus on dealing with inflation and don't have much money to invest, once the demand is not there, that means there will be no catalyst to help the market go up. We still need the halving to be a catalyst for the market, but without demand, the market will hardly rise.

[2stout]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

Yes. But sometimes things don't turn out the way we hoped for. There's the issue of Russia and the increasing number of new COVID-19 variants, greatly affecting the global economy. We can't expect Bitcoin to reach a new ATH in price, especially when the crypto market is moving in correlation with the stock market. People are mainly focused on rising food, gas, and energy prices. Those who have spare money to pour into Bitcoin, are usually whales and/or wealthy people. The rest are putting their money aside into things that matters most.

Unless the recession comes to an end, Bitcoin will have a hard time trying to break through $68k per coin. At least, we know BTC will experience a slight uptick in price shortly after the halving. It might not reach a new ATH in price, but at least it will be worth more than what it is right now. As long as you play your cards right, there should be nothing to worry about. Just my opinion

The 4-year cycle may still repeat, but the current situation is much different than before, the macro impacts are directly affecting the market. For the crypto market, this has not happened before. Whether the stock market or the cryptocurrency market, it is very difficult to bounce back if the economy is still bad. The market depends on supply and demand, but in a crisis economy people focus on dealing with inflation and don't have much money to invest, once the demand is not there, that means there will be no catalyst to help the market go up. We still need the halving to be a catalyst for the market, but without demand, the market will hardly rise.

The demand will be there as it is always increasing.  You say- For the crypto market, this has not happened before.  I'm not so sure about this, just refer back to 2008- the year before Bitcoin's release as a lot of the same impacts were around when Bitcoin was released.  Also, over the course of Bitcoin's history, it has always managed to bounce back.

[DanWalker]

It would seem reasonable to expect a new ATH 6 months after 2024 bitcoin halving event to be about $100K USD.  It just seems if you look at the previous patterns that there is an explosion of price/new ATH within a year of halving event.

Yes. But sometimes things don't turn out the way we hoped for. There's the issue of Russia and the increasing number of new COVID-19 variants, greatly affecting the global economy. We can't expect Bitcoin to reach a new ATH in price, especially when the crypto market is moving in correlation with the stock market. People are mainly focused on rising food, gas, and energy prices. Those who have spare money to pour into Bitcoin, are usually whales and/or wealthy people. The rest are putting their money aside into things that matters most.

Unless the recession comes to an end, Bitcoin will have a hard time trying to break through $68k per coin. At least, we know BTC will experience a slight uptick in price shortly after the halving. It might not reach a new ATH in price, but at least it will be worth more than what it is right now. As long as you play your cards right, there should be nothing to worry about. Just my opinion

I hear you but I'm fine even if it doesn't happen in the timeframe I think I will.  I don't believe COVID-19 will have much of an effect on Bitcoin price since Bitcoin hit its ATH during the pandemic.  Also recessions happen all the time in a cyclic manner, every so many years.  Everything will go back up and Bitcoin will be a part of it; it's all about the long game.

The current economic crisis is partly caused by the covid pandemic. The pandemic caused economic chaos, production lines were almost frozen, so, to balance the economy, governments continuously pumped money to maintain the economy during the pandemic. This is the main cause of this year's inflation, if no inflation war would still happen, that was to be expected during the pandemic.
It can be said that bitcoin hit ATH during the covid pandemic, but it is also the cause of this year's economic crisis and the crisis is aggravated when the war occurs. Crisis can't last forever, once it's over, everything will be back to normal and bitcoin will recover too.

[Betwrong]

~

This is understandable, the market is getting bigger and the bitcoin capitalization is also bigger than previous years so we can't ask for too much. From $ 1 to $ 10 is simple but from $ 100 to $ 1000 the difference is a lot, the capitalization will increase a lot so can't expect the bitcoin price to be x5 or x10 as usual. To make predictions, we should look at market capitalizations rather than just looking at their prices to make our predictions. And this is also the reason that I think many new investors didn't choose bitcoin and they started to choose altcoins to get bigger profits.

Only with altcoins those profits can be not more than imaginary ones. We know from the history of Bitcoin that every ATH was eventually surpassed. There were no exclusions to that rule. With altcoins it's different. Yes, some of them were always copying Bitcoin behaviour, to a lesser or higher extent, but many of them have been gone forever, leaving investors with nothing.

[nullama]

After the 2024 halving the block reward will be 3.125 BTC, which still is a reasonably larger number than the current transaction fees.

I reckon we still have about a decade or so of price changes based on the halvings. After that, transaction fees will start to become more important than the block reward so the halving effect in price will be less noticeable, and probably the price will become a bit more stable.

[mirakal]

~
1300: 20000 was 15x of previous ATH
20000 to 69k was 3.5x of previous ATH

So, yes, "only 2x" does seem to be keeping in the pattern of reducing multiples of ATH. I'd love for it to increase to break this pattern but I'd also love to win the lottery.

That's right. Let's be realistic. Let's not expect $1,000,000 for 1 BTC during the next ATH. It is very likely that the price will be even less than 2 times of the previous ATH, something around $120,000, which many people predict btw. And in several years after that, the next ATH will probably be only 1.5x, meaning that BTC will cost around $180k, the next ATH - 1.3x, and so on. I personally think that we are following this pattern.

I agree! Expecting a $1 Million per bitcoin is not likely and too unrealistic for the next bitcoin halving somewhere in 2022, remember that we haven't crossed the $100k mark yet as the last ATH was listed for $69k last November 2021 and the market declined weeks after the ATH. Let's expect a much realistic price so that we won't get disappointed because there are other factors to consider before we set some prices, we may see as twice as much from the last ATH for the next halving, no more than $180k.

[boyptc]

I agree! Expecting a $1 Million per bitcoin is not likely and too unrealistic for the next bitcoin halving somewhere in 2022, remember that we haven't crossed the $100k mark yet as the last ATH was listed for $69k last November 2021 and the market declined weeks after the ATH. Let's expect a much realistic price so that we won't get disappointed because there are other factors to consider before we set some prices, we may see as twice as much from the last ATH for the next halving, no more than $180k.

Next halving is in 2024, not 2022.

But thinking of $1M is unreal if we're on the current days. $1M is possible but we don't know how long it shall take since the market has been growing and more adoption is occurring.

Well, it could be quicker than expected just like the last bull run that no one has ever thought it will be huge and would surpass a past ATH.

[Quidat]

I agree! Expecting a $1 Million per bitcoin is not likely and too unrealistic for the next bitcoin halving somewhere in 2022, remember that we haven't crossed the $100k mark yet as the last ATH was listed for $69k last November 2021 and the market declined weeks after the ATH. Let's expect a much realistic price so that we won't get disappointed because there are other factors to consider before we set some prices, we may see as twice as much from the last ATH for the next halving, no more than $180k.

Next halving is in 2024, not 2022.

But thinking of $1M is unreal if we're on the current days. $1M is possible but we don't know how long it shall take since the market has been growing and more adoption is occurring.

Well, it could be quicker than expected just like the last bull run that no one has ever thought it will be huge and would surpass a past ATH.

Its totally unreal or people should rather be expecting on something which is on realistic side at least.Im not saying that Bitcoin doesnt have the potential but it would be rather on sticking on numbers

which turns out to be that near on the current ATH which $100k would be something realistic and talking on maximum of 200k but its true that no one really knows on when it would gonna happen

because on that value which does indicate that we do really need that adoption on higher scale or something that correlates with recognition which is something that cant happen
on a short period of time.

[lionheart78]

I expect Bitcoin price after the 2024 halving would surge to $100k+.  Taking the ratio of the previous ATH, I arrive at such speculation.  I believe the next ath will rarely double the current ATH because of the price-to-demand ratio.  It is would be harder for the recent ATH of Bitcoin to do the previous percentage increase because it needs way more fund.

Its totally unreal or people should rather be expecting on something which is on realistic side at least.Im not saying that Bitcoin doesnt have the potential but it would be rather on sticking on numbers

which turns out to be that near on the current ATH which $100k would be something realistic and talking on maximum of 200k but its true that no one really knows on when it would gonna happen

because on that value which does indicate that we do really need that adoption on higher scale or something that correlates with recognition which is something that cant happen
on a short period of time.

I have the same thought, it is more realistic for BTC to reach $100k plus than $200k but then we all know that the Bitcoin market is unpredictable so anything goes, downtrend is also a possibility even though it has a slim chance.

[Baofeng]

I agree! Expecting a $1 Million per bitcoin is not likely and too unrealistic for the next bitcoin halving somewhere in 2022, remember that we haven't crossed the $100k mark yet as the last ATH was listed for $69k last November 2021 and the market declined weeks after the ATH. Let's expect a much realistic price so that we won't get disappointed because there are other factors to consider before we set some prices, we may see as twice as much from the last ATH for the next halving, no more than $180k.

Next halving is in 2024, not 2022.

But thinking of $1M is unreal if we're on the current days. $1M is possible but we don't know how long it shall take since the market has been growing and more adoption is occurring.

Well, it could be quicker than expected just like the last bull run that no one has ever thought it will be huge and would surpass a past ATH.

Its totally unreal or people should rather be expecting on something which is on realistic side at least.Im not saying that Bitcoin doesnt have the potential but it would be rather on sticking on numbers

which turns out to be that near on the current ATH which $100k would be something realistic and talking on maximum of 200k but its true that no one really knows on when it would gonna happen

because on that value which does indicate that we do really need that adoption on higher scale or something that correlates with recognition which is something that cant happen
on a short period of time.

Right, but I still vividly remember 2017's all time high, the conservative expectations is around $5k, there was even a thread about it. Nevertheless, we have seen what is the price in December that year and it's all time high.

On the other hand, there was also a prediction after that, we will hit $50k in 2018, obviously, it didn't happen as well.

So there could be a prediction that can be a hit or miss. So same thing will happen in the next bull run in 2024, others could give estimates of about $100k and there could be expounded it as high as $300k. Nobody knows for sure.

[Rengga Jati]

After Bitcoin halved, the most thing to expect is always the new ATH. although this will not be directly skyrocketing, Bitcoin price will commonly pump up after several months of halving. And I am sure that everyone will expect the new ATH after halving. In addition, commonly, Bitcoin will be always hyped again in the bullish era, I really expect that many more people will know about Bitcoin, accept it, and also use them for more benefits.

I expect Bitcoin price after the 2024 halving would surge to $100k+.  Taking the ratio of the previous ATH, I arrive at such speculation.  I believe the next ath will rarely double the current ATH because of the price-to-demand ratio.  It is would be harder for the recent ATH of Bitcoin to do the previous percentage increase because it needs way more fund.

That's it.
We expected Bitcoin price to reach $100k in the previous bullish era, but this didn't happen. That is why this expectation may be filled in the next bullish after the Bitcoin halves. There must be not easy to reach the price or rate because we know that many parties still don't like Bitcoin and will always spread FUDs about Bitcoin. But here, I am pretty sure that society is more aware again of crypto and will accept more about it. That is why let's wait Bitcoin to reach exactly $100k or more.

[noormcs5]

After the 2024 halving the block reward will be 3.125 BTC, which still is a reasonably larger number than the current transaction fees.

I reckon we still have about a decade or so of price changes based on the halvings. After that, transaction fees will start to become more important than the block reward so the halving effect in price will be less noticeable, and probably the price will become a bit more stable.

By that time, bitcoin adoption will increase and in any case, the price of bitcoin will be more stable regardless of other factors like block reward or transaction fee significance.

I expect bitcoin to cross $100,000 and it should trade anywhere near 140,000$ - 150,000$. Last year bitcoin reached 60,000$+ while the all time high in 2017 was around 20,000$, so it was a 3x increase in price.

This time around i expect bitcoin to go 2x increase from its last all time high which makes the bitcoin price anywhere about 130,000$.

[Sarah Azhari]

After the 2024 halving the block reward will be 3.125 BTC, which still is a reasonably larger number than the current transaction fees.

I reckon we still have about a decade or so of price changes based on the halvings. After that, transaction fees will start to become more important than the block reward so the halving effect in price will be less noticeable, and probably the price will become a bit more stable.

So, does this means the transaction fee is become halving too? If this happens, that possible for all predicted price become to true, 100k, 500k until 1 M.

But I still confusing when look how the Dollar rule the world, Dollar don't have limited supply, the government can anytime print the money, but I don't know why the Dollar is very strong to beat Euro and Pounds, this mean the total supply is not affected?.

[nullama]

~snip~
So, does this means the transaction fee is become halving too? If this happens, that possible for all predicted price become to true, 100k, 500k until 1 M.

But I still confusing when look how the Dollar rule the world, Dollar don't have limited supply, the government can anytime print the money, but I don't know why the Dollar is very strong to beat Euro and Pounds, this mean the total supply is not affected?.

Transaction fees are set by the sender. Higher fees get processed faster because miners get to choose which transactions to include in the block they mine, and they usually want to put the highest paying transactions to maximize rewards.

See block 761459 for example

The miner got paid the current block reward of 6.25BTC plus 0.232BTC in transaction fees. The more people using the network, the higher the fees will end up being to be included in the next block.

You can see that eventually the transaction fees will be larger than the block reward that keeps halving over time.

[Tony116]

... In addition, commonly, Bitcoin will be always hyped again in the bullish era, I really expect that many more people will know about Bitcoin, accept it, and also use them for more benefits.
 

This always happens after every bitcoin enters a new bull run, just looking at the history we can easily see. In 2021, many companies and countries have started to enter the market because the price of bitcoin caught their attention and they started to learn about bitcoin. Similarly, I also believe that when the bitcoin price rises again, people will pay more attention and interest in it, because the higher the bitcoin price, the safer it is.

But I still confusing when look how the Dollar rule the world, Dollar don't have limited supply, the government can anytime print the money, but I don't know why the Dollar is very strong to beat Euro and Pounds, this mean the total supply is not affected?.

The value of fiat currency is determined by the economic situation of each country, The US is the number 1 power in every field and they control the world so it is not surprising that the USD is higher than other currencies. they are like the banker and we are the players.

[boyptc]

Next halving is in 2024, not 2022.

But thinking of $1M is unreal if we're on the current days. $1M is possible but we don't know how long it shall take since the market has been growing and more adoption is occurring.

Well, it could be quicker than expected just like the last bull run that no one has ever thought it will be huge and would surpass a past ATH.

Its totally unreal or people should rather be expecting on something which is on realistic side at least.Im not saying that Bitcoin doesnt have the potential but it would be rather on sticking on numbers

which turns out to be that near on the current ATH which $100k would be something realistic and talking on maximum of 200k but its true that no one really knows on when it would gonna happen

because on that value which does indicate that we do really need that adoption on higher scale or something that correlates with recognition which is something that cant happen
on a short period of time.

Sky is the limit but it will require a lot of years until we see that ceiling. But for now, I agree that we should be realistic with the numbers and $100k is realistic and many thought that last bull run may reach it.

$200k is going to be the speculated peak if ever we see bitcoin hits $100k.

But as of now, we're not yet there and will have to be more patient because this bear market might take a year and a half more.

[Abiky]

I hear you but I'm fine even if it doesn't happen in the timeframe I think I will.  I don't believe COVID-19 will have much of an effect on Bitcoin price since Bitcoin hit its ATH during the pandemic.  Also recessions happen all the time in a cyclic manner, every so many years.  Everything will go back up and Bitcoin will be a part of it; it's all about the long game.

I hope the recession comes to an end soon, or Bitcoin would never reach a new ATH in price again. We need to make sure Bitcoin decouples from the traditional stock market's movements, so it could become an independent asset of its own. You can see that BTC's been going down in price just like what's been happening with tech stocks today. Not to mention, the FED's rising interest rates (monetary policy) are putting heavy pressure on market prices. If only Bitcoin could become impervious to what's happening in the mainstream economy, then it would've become a better safe-haven in times of need.

Gold has been doing well, even though everything's been going down at a very fast pace. If that's the case with a centuries-old store of value, then why can't Bitcoin do the same? We're still in Bitcoin's very beginnings, so it's likely subsequent halvings will make Bitcoin a better safe-haven against traditional Fiat currencies. Just my opinion

[jinmioluwaseyi]

I see based on the above history which you made an 150 days approximate that it will go further up and that cannot be stopped in any way.However to make a better comparison it is this one I am going to make below:

Halve of 2012
Price of 1.5 year later end of 2013 1100 dollar from a really low one

Halve of 2016
Price 1.5 year later we had the massive first all time high in December 2017 at 20.000 dollars

Halve of 2020
Price 1.5 year later we had another the biggest all time high in October 2021 at near 68.000 dollars

Based on history now after that halve I expect a huge new all time high.

expecting a big all time high in 2024

[lepbagong]

Next halving is in 2024, not 2022.

But thinking of $1M is unreal if we're on the current days. $1M is possible but we don't know how long it shall take since the market has been growing and more adoption is occurring.

Well, it could be quicker than expected just like the last bull run that no one has ever thought it will be huge and would surpass a past ATH.

Its totally unreal or people should rather be expecting on something which is on realistic side at least.Im not saying that Bitcoin doesnt have the potential but it would be rather on sticking on numbers

which turns out to be that near on the current ATH which $100k would be something realistic and talking on maximum of 200k but its true that no one really knows on when it would gonna happen

because on that value which does indicate that we do really need that adoption on higher scale or something that correlates with recognition which is something that cant happen
on a short period of time.

Sky is the limit but it will require a lot of years until we see that ceiling. But for now, I agree that we should be realistic with the numbers and $100k is realistic and many thought that last bull run may reach it.

$200k is going to be the speculated peak if ever we see bitcoin hits $100k.

But as of now, we're not yet there and will have to be more patient because this bear market might take a year and a half more.

Clearly, the bear market is still ongoing and will likely occur until 2023, when it will be expected to enter the phase of the world economic crisis.
so of course it is clear that the upcoming halving phase is a highly anticipated one, it is hoped that changes will occur at that time, of course it is estimated that the movement will start to improve.
I think it's realistic that the prediction in 2021 at a price of $100K will happen. looks like it will be achieved in the halving phase of course, hope that it will continue to move and can make a surprise to form a renewable ATH.
now is just a matter of waiting and could use a good time to keep adding to the savings.

[cryptosize]

I see based on the above history which you made an 150 days approximate that it will go further up and that cannot be stopped in any way.However to make a better comparison it is this one I am going to make below:

Halve of 2012
Price of 1.5 year later end of 2013 1100 dollar from a really low one

Halve of 2016
Price 1.5 year later we had the massive first all time high in December 2017 at 20.000 dollars

Halve of 2020
Price 1.5 year later we had another the biggest all time high in October 2021 at near 68.000 dollars

Based on history now after that halve I expect a huge new all time high.

expecting a big all time high in 2024

2025

[posi]

I hear you but I'm fine even if it doesn't happen in the timeframe I think I will.  I don't believe COVID-19 will have much of an effect on Bitcoin price since Bitcoin hit its ATH during the pandemic.  Also recessions happen all the time in a cyclic manner, every so many years.  Everything will go back up and Bitcoin will be a part of it; it's all about the long game.

I hope the recession comes to an end soon, or Bitcoin would never reach a new ATH in price again. We need to make sure Bitcoin decouples from the traditional stock market's movements, so it could become an independent asset of its own. You can see that BTC's been going down in price just like what's been happening with tech stocks today. Not to mention, the FED's rising interest rates (monetary policy) are putting heavy pressure on market prices. If only Bitcoin could become impervious to what's happening in the mainstream economy, then it would've become a better safe-haven in times of need.

Gold has been doing well, even though everything's been going down at a very fast pace. If that's the case with a centuries-old store of value, then why can't Bitcoin do the same? We're still in Bitcoin's very beginnings, so it's likely subsequent halvings will make Bitcoin a better safe-haven against traditional Fiat currencies. Just my opinion

We always wanted bitcoin to be popular and widely accepted, so don't expect it to be a standalone asset, without any correlation to the traditional market, that's not possible.

I'm not too worried about Bitcoin during this recession. To me, this recession is the test of bitcoin and if it passes it will prove to the world that it is a more reliable and worth holding asset than any traditional asset.
Bitcoin is doing very well during the recession and just need to continue to survive the long recession, when things recover, then bitcoin will have strong leaps forward, IMO.

[cryptosize]

We always wanted bitcoin to be popular and widely accepted, so don't expect it to be a standalone asset, without any correlation to the traditional market, that's not possible.

It's not possible in the fiat/USD standard.

It will be possible in the BTC standard (measuring commodities such as gas, oil, gold, copper, wheat in sats).

[serjent05]

We can expect to see a new ath after the halving. We see a rise after each halving.

If history repeats itself, there is no doubt Bitcoin will again have a series of ATH breaking event.

I think the next rise will not come before the halving. Since the block reward decreases after the halving, we can say that less bitcoin enters the circulation, which is a reason for the price of bitcoin to increase.

Traders and investors are getting excited before the halving, speculators will have lots of things in mind about Bitcoin reward, bitcoin scarcity, and Bitcoin surge, so they will be hyped and start adding fund to demand in order to buy or expand their Bitcoin stash.

After the halving, we are likely to see the psychological threshold of 100 thousand dollars. We will find out as time goes by, of course

Bitcoin had never failed to show us this kind of scenario.  After Halving, the Bitcoin market becomes crazy which enables Bitcoin to record a series of ATH breaking events.

[AmoreJaz]

We can expect to see a new ath after the halving. We see a rise after each halving.

If history repeats itself, there is no doubt Bitcoin will again have a series of ATH breaking event.

I think the next rise will not come before the halving. Since the block reward decreases after the halving, we can say that less bitcoin enters the circulation, which is a reason for the price of bitcoin to increase.

Traders and investors are getting excited before the halving, speculators will have lots of things in mind about Bitcoin reward, bitcoin scarcity, and Bitcoin surge, so they will be hyped and start adding fund to demand in order to buy or expand their Bitcoin stash.

After the halving, we are likely to see the psychological threshold of 100 thousand dollars. We will find out as time goes by, of course

Bitcoin had never failed to show us this kind of scenario.  After Halving, the Bitcoin market becomes crazy which enables Bitcoin to record a series of ATH breaking events.

this early, people are already speculating on what may happen to the market for the next halving. the interest is really there but how you will react on this will be different to everyone of us as we have different financial capabilities when it comes to investing. if you do believe that a new ath will happen and you have your funds that you can spare for long-term, you can now start collecting satoshis now. because the discussions will be useless if you will not do anything knowing there's something positive that is about to happen and you have your funds in place.

[Abiky]

It's not possible in the fiat/USD standard.

It will be possible in the BTC standard (measuring commodities such as gas, oil, gold, copper, wheat in sats).

Exactly. Most bitcoiners have been waiting for the day when the world "ditches" the Fiat standard in favor of the Bitcoin standard. I must say, this is no easy task especially when governments and central banks don't want to lose their power. Despite ever-rising inflation rates, Fiat currencies are still the moving force of the global economy. People need to start distrusting banks and use Bitcoin as their main currency for day-to-day payments. Once that happens, you can say goodbye to centralized Fiat for good.

Early adopters like you and me would certainly become filthy rich as goods and services would be valued in Bitcoin terms (not Fiat). 1 Bitcoin = 1 Bitcoin, right? The halving is bound to make Bitcoin scarcer (sort of), so it's likely we'll see a higher-priced BTC during or after the year of 2024. Which is why buying more BTC now while it's "cheap", may be the best decision you could ever make. Just my thoughts

[userxzo]

i'm a student and have a savings plan for 25 dollars each week into bitcoin.
i'm struggling if it wouldn't be better to do this for another coin where i get more with this 100 dollar per month, or is it better to get .04 btc per month then anything else?
thanks for some advice

[cryptosize]

i'm a student and have a savings plan for 25 dollars each week into bitcoin.
i'm struggling if it wouldn't be better to do this for another coin where i get more with this 100 dollar per month, or is it better to get .04 btc per month then anything else?
thanks for some advice

Ignore alts, buy BTC.

[Betwrong]

~

I agree! Expecting a $1 Million per bitcoin is not likely and too unrealistic for the next bitcoin halving somewhere in 2022, remember that we haven't crossed the $100k mark yet as the last ATH was listed for $69k last November 2021 and the market declined weeks after the ATH. Let's expect a much realistic price so that we won't get disappointed because there are other factors to consider before we set some prices, we may see as twice as much from the last ATH for the next halving, no more than $180k.

You meant to say 2024 instead of 2022, I'm sure.

As for the $180k it's not unrealistic. Looking at what happened last time, we can expect $200k+ in 2024. When? Plus-minus 5 months to May 1, 2024. But hardly much sooner than that, and definitely not later. No one wants to be late to buying coins cheap, so, in my opinion, the next ATH will happen before the next halving.

[nullama]

~snip~
You meant to say 2024 instead of 2022, I'm sure.

As for the $180k it's not unrealistic. Looking at what happened last time, we can expect $200k+ in 2024. When? Plus-minus 5 months to May 1, 2024. But hardly much sooner than that, and definitely not later. No one wants to be late to buying coins cheap, so, in my opinion, the next ATH will happen before the next halving.

Yeah, I think a few months before the next halving will be a time where lots of investors will want to buy Bitcoin, and therefore the price will inevitably go up.

Although there might well be other factors that we're ignoring at the moment which will be pretty obvious when they happen. We'll have to wait and see.

[Ahli38]

i'm a student and have a savings plan for 25 dollars each week into bitcoin.
i'm struggling if it wouldn't be better to do this for another coin where i get more with this 100 dollar per month, or is it better to get .04 btc per month then anything else?
thanks for some advice

It's a good step and I think you have a mature mind even though you are still a student. and your step to buy bitcoin gradually every week is a pretty good investment plan. and I hope you do for the long term. and in the long run I can't suggest buying another coin. because altcoins even though have good multiple potential but the risk is much higher. and you will feel more secure to invest in bitcoin.

[userxzo]

Thanks for the reply.
Never was this happy since i started with crypto in 2020 then i am right now.
The market is blood red but i feel no fear cause i'm in BTC.
One of my friends is a SOL Maxi and tried to convince me, cause the margin on SOL and alts are much higher in short time
But i stayed with BTC and i'm so happy about it right now haha

[bakasabo]

Why do people always expect something extra ordinary from Bitcoin halving? Why do people always think that "bitcoin halving = bitcoin price growth" ? And finally, why do people always want Bitcoin price to go up? Why not use Bitcoin as a technology? Why do everyone expect and want Bitcoin to make them rich while they do nothing (holding does not mean a person work or do something much).

What I expect from next halving ? Nothing. Price would aim to grow, but due to factors like expensive electricity, world economy issues, bunch of other cataclysms or disasters, nothing will be changed much.

[redsun114]

Thanks for the reply.
Never was this happy since i started with crypto in 2020 then i am right now.
The market is blood red but i feel no fear cause i'm in BTC.
One of my friends is a SOL Maxi and tried to convince me, cause the margin on SOL and alts are much higher in short time
But i stayed with BTC and i'm so happy about it right now haha

You are happy about what? That btc value have been dumping lately? Lol but why not? When this is another great buying opportunity for us who support the coin. Solana on the other hand is likely to do well these days, now that they are now teaming up with google.

It can cause a hype other than the natural effects which can cause to them in this partnership. Sol users are enjoying this short term and long term gains but btc users are going to get more than that by the time the bull run returns so we shouldn't be jealous with them. We can in fact be happy for those who are solid solana supporters that didn't abandon the coin during it's hard times. They deserve this comeback.

[Abiky]

Why do people always expect something extra ordinary from Bitcoin halving? Why do people always think that "bitcoin halving = bitcoin price growth" ? And finally, why do people always want Bitcoin price to go up? Why not use Bitcoin as a technology? Why do everyone expect and want Bitcoin to make them rich while they do nothing (holding does not mean a person work or do something much).

What I expect from next halving ? Nothing. Price would aim to grow, but due to factors like expensive electricity, world economy issues, bunch of other cataclysms or disasters, nothing will be changed much.

Most people see Bitcoin as an investment tool than a currency. They believe it will always go up no matter what. While the halving promises to reduce Bitcoin's block reward (effectively making it scarcer), it's not a guarantee market prices will go higher than they were before. Everything will depend on the rules of supply and demand. If there's a lot of demand for BTC while the supply is low, prices will skyrocket at a very fast pace. Otherwise, not. With how the global economy is performing, it's very unlikely Bitcoin will reach a new ATH in price soon. Not even the halving will save it. What it could only do is make Bitcoin rise a little bit in price, but not to a point where it crosses its latest ATH of over $68k per coin. Only an end to the current economic crisis will make it happen.

At least, Bitcoin is still alive despite rising energy costs and geopolitical uncertainty. That shows us how resilient the cryptocurrency is compared to traditional Fiat. The latter is bound to collapse due to exorbitantly-high inflation rates. I don't think rising interest rates would be of any help, as the Russo-Ukraine war continues to disrupt the global supply chain. If Fiat collapses, then it would be a huge win for Bitcoin. Who knows if 2024 would turn out to be BTC's luckiest year yet? Just my thoughts

[Ahli38]

Thanks for the reply.
Never was this happy since i started with crypto in 2020 then i am right now.
The market is blood red but i feel no fear cause i'm in BTC.
One of my friends is a SOL Maxi and tried to convince me, cause the margin on SOL and alts are much higher in short time
But i stayed with BTC and i'm so happy about it right now haha

yeah i understand that feeling. investing in bitcoin does feel more calm. and you did the right thing for investing in bitcoin. Risk is always there. but not as big as in altcoins. And I also think or hope that the current decline in bitcoin could be the last decline in a bear market this time. although the potential for further decline still exists. but I'm sure after that will come a bigger bullrun market. and I hope a new ATH will be created. good luck with your investment.

[nuofushaxing]

Milliseconds, seconds, and even minutes can't be accurately calculated at the moment. Even in the last block (or last 2016 blocks), you can't know how much time it will take to finish. Regardless of whether 60 minutes or 60 seconds have passed, the average time to find the next block is 10 minutes.

My expectation is that the price will increase.

I'm also looking forward to his price going up a lot as I'm also preparing a start-up fund for my son as a gift for him. Similarly, Bitcoin is a trusted financial management tool for me. Regardless of whether it is halved or not, I will hold it for a long time because I have a belief that the decentralized financial order will eventually replace the centralized financial order. Although there are many disadvantages, there are also many risks. I will not participate in the investment in the secondary market, I am too tired and not suitable for my financial management.

[Valeriary]

Shouldn't it still be predicting what will happen when Bitcoin is fully mined? I guess many people don't care how many bitcoins there are these days. What everyone is looking at right now is its value. Maybe it's just the price of bitcoin. Perhaps this halving will boost the value of Bitcoin and attract more attention to cryptocurrencies.

[sukmo]

negative opinion about bitcoin will certainly accompany its journey, and we must be prepared to face it. But we don't need to be afraid of negative news because it doesn't necessarily happen.

I also expect that towards the halving, bitcoin price will be higher than the last ATH price and maybe more than $200K like you said. When it comes to halving, I believe each new half will have a lesser fundamental impact on the value of bitcoin.

The 4th halving will have negligible impact on value, nobody cares about the 5th halving because: The first halving reduced inflation from 25% to 12%, the second halving from 9% to 4.5% and the third from 3.8% to 1.9%. So each subsequent halving has a weaker fundamental effect on price. The fifth halving will lower inflation from 0.4% to 0.2%. No one will really care that day. It doesn't matter whether bitcoin inflation is 0.4% or 0.2%, both are close to zero compared to a CPI of 10%.

and how Bitcoin has gained a lot of users, adoption/acceptance will be much higher in the next period and up to the next halving. And as Bitcoin gets older, more and more people are attracted to and accept it as a profitable asset, so I think we're going to have a lot of new investors looking to profit from the expected price increase of about half.

[Betwrong]

Shouldn't it still be predicting what will happen when Bitcoin is fully mined? I guess many people don't care how many bitcoins there are these days. What everyone is looking at right now is its value. Maybe it's just the price of bitcoin. Perhaps this halving will boost the value of Bitcoin and attract more attention to cryptocurrencies.

Something like this was happening in the past, and will happen in the future. And we always were having skeptics. I read in the history of Bitcoin that when BTC hit $1 USD for the first time many people were saying that it would surely go down from there. "1 BTC can't cost more than 1 dollar! It's overpriced!", something like that. And we know what happened next.

[Newlifebtc]

I don't expect anything in Bitcoin or cryptocurrency generally because I know from time to time that you took only see I have it on adoption and the market of cryptocurrency is recognised through the investors for the expectation of Bitcoin should we come from the investor elder the valuable or not valuable

[nullama]

~snip~
Something like this was happening in the past, and will happen in the future. And we always were having skeptics. I read in the history of Bitcoin that when BTC hit $1 USD for the first time many people were saying that it would surely go down from there. "1 BTC can't cost more than 1 dollar! It's overpriced!", something like that. And we know what happened next.

Absolutely. There's some kind of psychological aspect to the price of things, and Bitcoin doesn't escape that.

There are some clear barriers at $1, $10, $100, $1,000, $10,000, and so on, plus also people have their goals in similar numbers, $100k, $1M, etc.

It's just human nature, but Bitcoin doesn't care. Tick, tock, another block.

[Adamlaria]

 
So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

I didn't expect anything other than a price increase.
He will become more popular when the ratio hits a new high. The expectations you mentioned are all things that will happen after Bitcoin hits a new high.
If the price of Bitcoin is still going downhill after the halving, then these expectations are unlikely to exist.

[Yatsan]

 
So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

I didn't expect anything other than a price increase.
He will become more popular when the ratio hits a new high. The expectations you mentioned are all things that will happen after Bitcoin hits a new high.
If the price of Bitcoin is still going downhill after the halving, then these expectations are unlikely to exist.

There are chances for price increase but also tendencies for the price increase to be temporary like in a short period of time alone. We have seen it in Ethereum 2.0 wherein the bullish run didn't last that long. The market is just unpredictable, unlike of previous Bitcoin halving wherein a bull run actually increase not only on major coins but almost all tokens in the market way back 2017 if I remeber it correclt (feel free to correct me).
Given the circumstances everyone is facing right now (even if it is an indirect problem to this industry) I guess it would be a factor for the next halving IF nothing would change. Even at the moment prices are having a hard time to pump, therefore it can still take effect next year. Hopefully it won't.

[Abiky]

Something like this was happening in the past, and will happen in the future. And we always were having skeptics. I read in the history of Bitcoin that when BTC hit $1 USD for the first time many people were saying that it would surely go down from there. "1 BTC can't cost more than 1 dollar! It's overpriced!", something like that. And we know what happened next.

Bitcoin has never disappointed its "hodlers", thanks to the way it was designed. Technically-speaking, Bitcoin should become much more valuable in Fiat terms with every block reward halving. The supply won't change, but the number of Bitcoins which can be mined will be reduced every 4 years. How far will Bitcoin go will greatly depend on the status of the global economy. If everything goes back to normal by the time the next halving comes up (2024), then you can expect BTC to reach a new All-time-high in price. Otherwise, not.

I'm in no hurry to see Bitcoin valued between $100k - $1m, as long as it works as intended. Utility is much more important than just market prices. For what I know, nothing is set in stone. Who knows what the future holds for Bitcoin? Just my thoughts

[Maximo Spohn]

I'm just going to keep bracing myself that the $100k is bound to happen sooner or later.

The expectations of many BTC holders including me. Although there is a lot of concern because there is an issue that the world economy will experience a downturn. Many economists predict a recession. Because economic growth is below target. There are also those who say that this recession is a state of economic crisis that is bigger than it has ever been. But this situation I hope does not make BTC holders weak and sell all their assets.

Part of this recession is because of COVID-19. Many factories and companies closed down and some people had to redeem the money in Bitcoin. When the global economy recovers, people will definitely come back with extra money. Looking at it now, the price of Bitcoin will definitely have a big increase after halving.

[Betwrong]

~ I'm in no hurry to see Bitcoin valued between $100k - $1m, as long as it works as intended. Utility is much more important than just market prices. For what I know, nothing is set in stone. Who knows what the future holds for Bitcoin? Just my thoughts

I think that the price is somehow related to utility because the more people want to use BTC, now or in the future, the higher the demand, while the total supply is limited, and hence the price is going up. But I am not a big expert in economy, so please correct me if I'm wrong.

[Casdinyard]

                         


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

Halving has alwaya been good for bitcoin, more than the fact that it cuts the circulating supply. The hype we built around it, so much so that we are even setting up countdown timers to its arrival is already a testament of how apparent its impact is. I am assuming that the 2024 halving's gonna precede another bull run of sorts. Just like the previous ones, and with a bull run comes widespread adoption and involvement even from entities that you wouldn't expect to be into crypto.

[famososMuertos]

Let's say that one begins to enjoying the Halvings, it is always an expectation.

Continuing to be part of their entire environment is a gain for me, it can be read something corny, without a doubt, but it is so, at least not to go for the classic part of answers, each halving is nostalgia.

Oh! and that of course the positive price history continues to repeat itself.

[Abiky]

I am expecting as everyone that price to hit 100000 dollars a Bitcoin for sure. I am expecting some new adaptations with crypto through world. In 2024 I think crypto adoption will finally increase a lot, many people will start to use crypto in everday life. Possibly 3x more than today. I also expect some exchanges to fail through this time even if Bitcoin keeps going up. Fraud exchanges will definitely keep dying.

The industry is being cleaned from malicious actors as we speak. Slowly but surely, crypto will become a trustworthy place for investors and traders to "hangout". New things just need time to mature. By 2024, it's expected Bitcoin's price will increase as the number of coins earned per block will be cut in half. Just because there was a major collapse from the world's second-largest crypto exchange, doesn't mean it's the end of the world.

Of course, there's also the issue of the Russo-Ukraine war and the COVID-19 pandemic. But I believe crypto (especially Bitcoin) will emerge stronger than ever after the tide is over. The future holds many surprises, so we can only hope for the best. Just my opinion

[Betwrong]

I am expecting as everyone that price to hit 100000 dollars a Bitcoin for sure. I am expecting some new adaptations with crypto through world. In 2024 I think crypto adoption will finally increase a lot, many people will start to use crypto in everday life. Possibly 3x more than today. I also expect some exchanges to fail through this time even if Bitcoin keeps going up. Fraud exchanges will definitely keep dying.

The industry is being cleaned from malicious actors as we speak. Slowly but surely, crypto will become a trustworthy place for investors and traders to "hangout". New things just need time to mature. By 2024, it's expected Bitcoin's price will increase as the number of coins earned per block will be cut in half. Just because there was a major collapse from the world's second-largest crypto exchange, doesn't mean it's the end of the world.

Of course, there's also the issue of the Russo-Ukraine war and the COVID-19 pandemic. But I believe crypto (especially Bitcoin) will emerge stronger than ever after the tide is over. The future holds many surprises, so we can only hope for the best. Just my opinion

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.

[Bitstar_coin]

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.

The problem is some people often jump to conclusions too quickly mostly to negative news, all they see is the worst happening, the world is crumbling.
During the Collapse of Mt. Gox btc was not this popular with so much support from different parts of the world, yet btc was able to fight back and break ath several times.
I think btc has already proven time and again that nothing can bring it down, not the collapse of any cex exchange. I hope people can see that and stop doubting the ability of this great tech to go back up.    

[Baofeng]

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.

The problem is some people often jump to conclusions too quickly mostly to negative news, all they see is the worst happening, the world is crumbling.
During the Collapse of Mt. Gox btc was not this popular with so much support from different parts of the world, yet btc was able to fight back and break ath several times.
I think btc has already proven time and again that nothing can bring it down, not the collapse of any cex exchange. I hope people can see that and stop doubting the ability of this great tech to go back up.    

Different eras so different set of reactions, although I would say that by that time, Mt. Gox is the only top tier exchange and so when it collapses it has a big impact that we can still felt up to this year. Of course, bitcoin is too big too fall, and we also have to think that it was FTX that put a dent on the market, not like a straight negative news to Bitcoin. But since the timing is wrong as it has happen in the bear market, the effect was magnify X times causing the investors to push the sell button to bring the price to another lower low for this year. And it might take some time, before we can fully heal to the effect of FTX, maybe the halving will bring some closure as it is a catalyst for the next bull run.

[Abiky]

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.

Noobs are usually the ones who think Bitcoin is dead after the collapse of a major crypto exchange. But crypto veterans like myself know there's a lot more to Bitcoin than meets the eye. It's a revolution that's bound to challenge Fiat's existence in the mainstream world. With Bitcoin, people get to enjoy true financial freedom without the fear of censorship from the government. It's value comes from being a decentralized and censorship-resistant cryptocurrency no one can shut down no matter what. Not to mention, it has a finite supply of only 21m coins.

I'm confident Bitcoin will be much more valuable in the future. It's just experiencing some "hiccups", just as it's the case with any new technology that comes in the mainstream world. Bad actors will eventually be "washed out", paving the way for good actors to take control of the industry. If the global economy recovers by 2024, there would be nothing stopping BTC from reaching a new ATH in price. The FTX collapse (just like the Mt. Gox collapse back in 2014) will only become history. Who knows if someday Bitcoin destroys Fiat for good? Just my thoughts

[stomachgrowls]

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.

Noobs are usually the ones who think Bitcoin is dead after the collapse of a major crypto exchange. But crypto veterans like myself know there's a lot more to Bitcoin than meets the eye. It's a revolution that's bound to challenge Fiat's existence in the mainstream world. With Bitcoin, people get to enjoy true financial freedom without the fear of censorship from the government. It's value comes from being a decentralized and censorship-resistant cryptocurrency no one can shut down no matter what. Not to mention, it has a finite supply of only 21m coins.

I'm confident Bitcoin will be much more valuable in the future. It's just experiencing some "hiccups", just as it's the case with any new technology that comes in the mainstream world. Bad actors will eventually be "washed out", paving the way for good actors to take control of the industry. If the global economy recovers by 2024, there would be nothing stopping BTC from reaching a new ATH in price. The FTX collapse (just like the Mt. Gox collapse back in 2014) will only become history. Who knows if someday Bitcoin destroys Fiat for good? Just my thoughts

When you dont have knowledge or shall we say zero knowledge into something then you would really be normally that impulsive and be that highly reactive on whatever things do happen.
You do easily get fomo'ed when its rising and easily get panicked when it is declining or dumping. Saying its dead is always been a common line into those who hadnt encountered or
experience this market. Halving event is really that something where everybody was expecting for the market to have a change trend.Well, i cant blame them off consdering
that we do able to experience bull runs after those halvings which it cant be avoided not for you to think for these things to happen once again.

[Bitstar_coin]

~ I'm confident Bitcoin will be much more valuable in the future. It's just experiencing some "hiccups", just as it's the case with any new technology that comes in the mainstream world. Bad actors will eventually be "washed out", paving the way for good actors to take control of the industry. If the global economy recovers by 2024, there would be nothing stopping BTC from reaching a new ATH in price. The FTX collapse (just like the Mt. Gox collapse back in 2014) will only become history. Who knows if someday Bitcoin destroys Fiat for good? Just my thoughts

I guess most btc OG's have the same confidence about the future value, at some point the nooks with less confident will be flushed out or learn to understand the power of btc and eventually find their confidence.
Bear market has a way of shaking people especially the noobs but for those who have the nerves to stick around will get use to the turbulence 

[nullama]

~snip~
I guess most btc OG's have the same confidence about the future value, at some point the nooks with less confident will be flushed out or learn to understand the power of btc and eventually find their confidence.
Bear market has a way of shaking people especially the noobs but for those who have the nerves to stick around will get use to the turbulence 

If you read Bitcoin history you can see that everything that's happening now has already happened before.

Exchanges going out of business, people losing their money, mainstream media talking negatively about Bitcoin, etc.

Bitcoin price fluctuation in the short term based on multiple factors, but with a steady long term increase.

The fact that Bitcoin is still alive and well after more than a decade means that it's here to stay now.

Price will continue to oscillate as it usually does.

[Abiky]

If you read Bitcoin history you can see that everything that's happening now has already happened before.

Exchanges going out of business, people losing their money, mainstream media talking negatively about Bitcoin, etc.

Bitcoin price fluctuation in the short term based on multiple factors, but with a steady long term increase.

The fact that Bitcoin is still alive and well after more than a decade means that it's here to stay now.

Price will continue to oscillate as it usually does.

Exactly. If you've been into Bitcoin for quite some time, you'll notice its price can either go up or down in an instant. It's like a rollercoaster ride if you ask me. Noobs usually believe Bitcoin is meant to always go up, simply because they think it's a means to get rich quick. But that's not the way it works. Right now, there's a lot of negativism surrounding crypto/Blockchain tech because of the Terra/LUNA implosion and the collapse of a big crypto exchange (FTX). This means lower market prices for Bitcoin during the short term. Long-term speaking, prices should rise as BTC becomes scarcer with every block reward halving (sort of). If the global economy restores by the time 2024 arrives, then there would be nothing stopping BTC from reaching a new ATH in price.

As I've said many times before, no one can predict the future. Just play it safe by never putting all of your life savings into Bitcoin, and you'll have nothing to worry about. Just my thoughts

[Xxmodded]

Have positive usual habit when Bitcoin Halving time coming and this edition on 2024, actually have bigger expected for Bitcoin can make another all time high price after drop drastically almost 50% from highest price above $60,000 and right now Bitcoin drop drastically under $$17,000.
About one years later for 2024 Bitcoin halving and I hope give positive impact for all cryptocurrency price, actually with several altcoin in my wallet still hold and waiting until reach highest price.

But bad news like exchange collapse not happen yet for one year later until halving time coming, I don't think have positive impact with Bitcoin halving on 2024 if there many exchange collapse like FTX.

[Ryu_Ar1]

This is the first time I will face Halving and actually I didn't expect too much, I just wanted to see ATH and feel the new ATH for the umpteenth time after I was involved in Crypto from 2020

On the other hand, I read some wild news about bitcoin halving, where each halving always has its own problems, because before the halving there are always victims who have to be eroded, like when the first halving was Mt.Gox which had to be destroyed, the second halving was bitfinex. and now ahead of the Halving there is another Exchange market that is destroyed of course referring to FTX which at this time can be said to be a clown in Crypto.

My hope is that after FTX is finished, the market will return to a stable point and of course recovery will return to its previous circulation

[Betwrong]

~

The problem is some people often jump to conclusions too quickly mostly to negative news, all they see is the worst happening, the world is crumbling.
During the Collapse of Mt. Gox btc was not this popular with so much support from different parts of the world, yet btc was able to fight back and break ath several times.
I think btc has already proven time and again that nothing can bring it down, not the collapse of any cex exchange. I hope people can see that and stop doubting the ability of this great tech to go back up.    

I agree. Just want to add that since we are talking about our expectations regarding the price of BTC, I want to say that I personally don't like when some Bitcoin supporters say "1 Bitcoin = 1 Bitcoin". Not that it's not true, but you can say the same about Zimbabwean dollar, or any other trash currency, you can say the same about any sh*tcoin, right?

If something worthy has a limited all-time supply, the price of that thing will be rising in the future. It will never be a smooth ride up, the road will be bumpy, but overall it can go only one way.

[Abiky]

I agree. Just want to add that since we are talking about our expectations regarding the price of BTC, I want to say that I personally don't like when some Bitcoin supporters say "1 Bitcoin = 1 Bitcoin". Not that it's not true, but you can say the same about Zimbabwean dollar, or any other trash currency, you can say the same about any sh*tcoin, right?

If something worthy has a limited all-time supply, the price of that thing will be rising in the future. It will never be a smooth ride up, the road will be bumpy, but overall it can go only one way.

Bitcoin was designed to be a deflationary cryptocurrency, so technically speaking, it should go up in price over time. But that doesn't mean there will be setbacks along the way. There will be times where prices will go all the way down the drain due to unfortunate events in the mainstream world. That's the right moment to invest into Bitcoin before everything goes back up again. If you're smart, you'd buy and "hodl" until the tide is over. Weak hands (especially newbies) will ultimately sell their Bitcoin because they truly don't know how the crypto market works. At least, we know Bitcoin won't be going anywhere soon. Who knows if 10-20 years into the future, Bitcoin reaches $1m per coin? Just my thoughts

[DU18]

I agree. Just want to add that since we are talking about our expectations regarding the price of BTC, I want to say that I personally don't like when some Bitcoin supporters say "1 Bitcoin = 1 Bitcoin". Not that it's not true, but you can say the same about Zimbabwean dollar, or any other trash currency, you can say the same about any sh*tcoin, right?

The term "1 bitcoin = 1 bitcoin" remains only for bitcoin but is not worthy of saying the same thing for any other currency, the term above is not without reason because bitcoin has proven the direction of good movement based on the chart from the beginning of Bitcoin history. The holder often states the above term to motivate when the market is in the worst conditions and they are not panic because it believes when the Bullish market will change everything.

[Betwrong]

I agree. Just want to add that since we are talking about our expectations regarding the price of BTC, I want to say that I personally don't like when some Bitcoin supporters say "1 Bitcoin = 1 Bitcoin". Not that it's not true, but you can say the same about Zimbabwean dollar, or any other trash currency, you can say the same about any sh*tcoin, right?

If something worthy has a limited all-time supply, the price of that thing will be rising in the future. It will never be a smooth ride up, the road will be bumpy, but overall it can go only one way.

Bitcoin was designed to be a deflationary cryptocurrency, so technically speaking, it should go up in price over time. But that doesn't mean there will be setbacks along the way. There will be times where prices will go all the way down the drain due to unfortunate events in the mainstream world. That's the right moment to invest into Bitcoin before everything goes back up again. If you're smart, you'd buy and "hodl" until the tide is over. Weak hands (especially newbies) will ultimately sell their Bitcoin because they truly don't know how the crypto market works. At least, we know Bitcoin won't be going anywhere soon. Who knows if 10-20 years into the future, Bitcoin reaches $1m per coin? Just my thoughts

Totally agree with that. The times you are talking about is what we are living in now. I won't lie, I personally don't buy BTC these days, because my country is in a very harsh situation right now, no one can afford investing in other things than those of prime necessity. But it's obvious that BTC will reach a new ATH in a year or two, and people who buy it today will have a good return on their investment.

[Abiky]

Totally agree with that. The times you are talking about is what we are living in now. I won't lie, I personally don't buy BTC these days, because my country is in a very harsh situation right now, no one can afford investing in other things than those of prime necessity. But it's obvious that BTC will reach a new ATH in a year or two, and people who buy it today will have a good return on their investment.

Bitcoin WILL reach a new All-time-high in price. The question is not IF, but rather WHEN it will rise in price again. Many are hoping BTC to go bullish after the halving of 2024, but there's no guarantee this will happen. Everything will depend on the situation of the global economy, for Bitcoin to go up in price. A lot of negative stuff happened during the course of 2022, so I believe it's going to take a little while before we're able to fill our pockets with money.

At least, Bitcoin won't be going anywhere soon. That's thanks to the way it was designed. As long as it doesn't turn centralized, we should have nothing to worry about. Just my opinion

[Dubaian]

We all know that the Bitcoin market never stops. But as we have seen for a long time, the Bitcoin market is always changing. It has been observed that if the Bitcoin market is at maximum pump for a few months, then the Bitcoin market decreases again. Just looking at the 2021 market shows how much Bitcoin was pumping. But currently in 2022 Bitcoin market has crashed a lot. But of course Bitcoin will increase again in the future but that will be in 2024. Bitcoin market analysis shows that the maximum change will occur in 2024 and the price of Bitcoin is likely to exceed $100k.

[Crypto-Ivan]

Bitcoin investors will definitely look forward to an increase in the price of Bitcoin during the halving and a bull run to come. The demand for bitcoin should also increase, btc will be more popular around the world and it will be more valuable in the future.

[RahbabaKahn]

Every single bitcoin transaction that takes place has to be permanently committed to the Bitcoin blockchain ledger through a process called “mining.” Bitcoin  miners compete using specialized computer equipment known as application-specific integrated circuit (ASIC) chips to unlock the next block in the chain.  In these years running up to the next bitcoin halving event in 2024, the bitcoin miners will need to develop faster, cheaper, more energy efficient ASICS.  Otherwise, the incentive to keep mining bitcoins will disappear.  When something costs more to make than the rewards for making that thing, then there becomes no business reason to continue.  Remember, all the current bitcoin transactions need to be proofed by these miners.  Therefore, the degree of difficulty for hashing and proving the legitimacy of each old block become greater and greater.  My prediction is that the price of a bitcoin will drop to a low enough level such that miners quit mining.  Then a level of bitcoin transaction saturation will occur such that it will become too slow to even use a bitcoin for any financial transactions.  When that happens, cryptocurrency transactions will migrate to other altcoin blockchain networks that are faster, cheaper, and more efficient than the Bitcoin network.  In other words - bitcoins will become dinosaurs.

You heard it first hear folks.  Remember this day - December 28, 2022

[Blawpaw]

                         


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

Im expecting to see pretty much the same as in the previous halving. We wont be seeing an immediate big price surge but the price should start to swing right before the halving. It should only gain upwards momemtum a few months later.

[klidex]

                         


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

My hope regarding bitcoin HALVING is the return to the heyday of bitcoin where it can reach ATH prices more than the previous ATH.
That way I believe that more people will believe that bitcoin is indeed worthy as a long-term investment asset and will increase its adoption.
If this really happens, then the crypto market will become more known and stable and the prices of other altcoins will also start to rise alternately following the bitcoin price itself and can help the economy of people who use crypto as their income, because I'm sure many people who rely on crypto as a field of work.
I hope this is what I hope will happen one day.

[nullama]

Every single bitcoin transaction that takes place has to be permanently committed to the Bitcoin blockchain ledger through a process called “mining.” Bitcoin  miners compete using specialized computer equipment known as application-specific integrated circuit (ASIC) chips to unlock the next block in the chain.  In these years running up to the next bitcoin halving event in 2024, the bitcoin miners will need to develop faster, cheaper, more energy efficient ASICS.  Otherwise, the incentive to keep mining bitcoins will disappear.  When something costs more to make than the rewards for making that thing, then there becomes no business reason to continue.  Remember, all the current bitcoin transactions need to be proofed by these miners.  Therefore, the degree of difficulty for hashing and proving the legitimacy of each old block become greater and greater.  My prediction is that the price of a bitcoin will drop to a low enough level such that miners quit mining.  Then a level of bitcoin transaction saturation will occur such that it will become too slow to even use a bitcoin for any financial transactions.  When that happens, cryptocurrency transactions will migrate to other altcoin blockchain networks that are faster, cheaper, and more efficient than the Bitcoin network.  In other words - bitcoins will become dinosaurs.

You heard it first hear folks.  Remember this day - December 28, 2022

The time to mine a new block is on average 10 minutes, independent of the number or speed of the miners, the difficulty gets updated roughly every 2 weeks to keep the time between two blocks roughly at 10 minutes.

So there's no such thing as the network becoming too slow.

Also, there's lightning which runs on top of Bitcoin and makes transactions almost immediate.

[btc78]

                         
                                          

So basically this will take effect maybe later that year? or even in 2025 at least?

my expectation is that finally the price will break 100k ? or at least closer to that before 2024 ends.

I never gain much back in 2017 but this time I will not miss the chance and will Keep holding my coins till that year comes.

Bitcoin investors will definitely look forward to an increase in the price of Bitcoin during the halving and a bull run to come. The demand for bitcoin should also increase, btc will be more popular around the world and it will be more valuable in the future.

that is what we all wanted to see and there are so much expectation for bitcoin .

[RahbabaKahn]

The time to mine a new block is on average 10 minutes, independent of the number or speed of the miners, the difficulty gets updated roughly every 2 weeks to keep the time between two blocks roughly at 10 minutes.

So there's no such thing as the network becoming too slow.

Also, there's lightning which runs on top of Bitcoin and makes transactions almost immediate.

While you are correct about the time of  block creation in bitcoin mining, that does not describe the time for transactions to be processed.  For a transaction to be validated either quickly or slowly depends on the fee rewards for those transactions.  Bigger transactions usually require larger fees, making them more attractive for miners to process.  Smaller transactions with very small fees may wait a long time in the queue before being validated by miners.  In 2024, when block rewards will be half what they are today, the miners will need to make up the loss by getting higher fees, or processing more large transactions than small ones in order to maintain their profits.  So while the blockchain network may not be slower, the end-user wait time will be perceived to be much longer than it is now.  I believe that will have an impact on users who want rapid transactions, not slow ones, resulting in less demand for bitcoins.

[Riodarvg]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

[bakasabo]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

[LDL]

We always wanted bitcoin to be popular and widely accepted, so don't expect it to be a standalone asset, without any correlation to the traditional market, that's not possible.

It's not possible in the fiat/USD standard.

It will be possible in the BTC standard (measuring commodities such as gas, oil, gold, copper, wheat in sats).

Next halving 2024
Block rewards at time of halving 6.250 BTC

My prediction bitcoin would be hitted at the end of 2024

Bitcoin price (40000-90000)
But I have a feeling that if the war between Ukraine and Russia is not resolved, the upward trend of cryptocurrency and Bitcoin market cannot be expected.  If the war between Ukraine and Russia ends after 2024, Bitcoin will exceed $100k.

[NicNacCoin]

We always wanted bitcoin to be popular and widely accepted, so don't expect it to be a standalone asset, without any correlation to the traditional market, that's not possible.

It's not possible in the fiat/USD standard.

It will be possible in the BTC standard (measuring commodities such as gas, oil, gold, copper, wheat in sats).

Next halving 2024
Block rewards at time of halving 6.250 BTC

My prediction bitcoin would be hitted at the end of 2024

Bitcoin price (40000-90000)
But I have a feeling that if the war between Ukraine and Russia is not resolved, the upward trend of cryptocurrency and Bitcoin market cannot be expected.  If the war between Ukraine and Russia ends after 2024, Bitcoin will exceed $100k.

Hopefully there will be an end to the war between Ukraine and Russia before 2024. The two governments now want to come to an agreement. But due to the war in Ukraine and Russia everything has started to slow down all over the world. In particular, we have been hit hardest by this cryptocurrency. But I expect Bitcoin to start moving upwards before 2024 and in 2024 Bitcoin will stay between $100k. Or may even exceed 100k dollars.

[dunfida]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Better dont expect so that you wont really be that be mad or disappointed on the time would come but still the price hasnt looked the way you are anticipating or expecting for it to reach.
it is one of the key for you not to make yourself that impulsive or having that good control when it comes to your emotions.

Each halving event would really be having that positive impressions and assumptions that the price would shoot up like a rocket.yes, it did happen in the past
but it wont guarantee that it would happen in the future. Always consider out the risk and never exclude it out.

[BALIK]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

Elon just entered the market in 2021, how can it be said that Elon created the growth of bitcoin? He is not a bitcoin creator or god to be able to do that, if he can tweet to make bitcoin hit new ATH, then I believe he has done it many times for his purpose of manipulating the market for profit. The fact that bitcoin always generates ATH after each halving means that bitcoin will not spike and reach ATH immediately, but it takes time, maybe half a year or a year later. Elon is not the savior of the market, he is just an investor like us, trying to follow the market to make a profit.

[Abiky]

The time to mine a new block is on average 10 minutes, independent of the number or speed of the miners, the difficulty gets updated roughly every 2 weeks to keep the time between two blocks roughly at 10 minutes.

So there's no such thing as the network becoming too slow.

Also, there's lightning which runs on top of Bitcoin and makes transactions almost immediate.

You're right about that. What we really need to worry about is the rate at which market prices decline. If by the next Bitcoin halving, prices are much lower than what they are right now, then I'm afraid there will be a mass exodus of miners on the Bitcoin blockchain. That would severely undermine the network's security, making it much more vulnerable against 51% attacks.

Many are saying things will settle during the course of 2023, especially when central banks will stop raising interest rates. But I'd take this with a grain of salt, since there's no indication the Russia-Ukraine war nor the COVID-19 pandemic will come to and end soon. As long as these cataclysms harm the global economy, don't expect BTC to reach a new ATH in price. Who knows what the future holds for the cryptocurrency? Just my thoughts

[bakasabo]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

Elon just entered the market in 2021, how can it be said that Elon created the growth of bitcoin? He is not a bitcoin creator or god to be able to do that, if he can tweet to make bitcoin hit new ATH, then I believe he has done it many times for his purpose of manipulating the market for profit. The fact that bitcoin always generates ATH after each halving means that bitcoin will not spike and reach ATH immediately, but it takes time, maybe half a year or a year later. Elon is not the savior of the market, he is just an investor like us, trying to follow the market to make a profit.

Wait, but wasnt the moment, when he added "Bitcoin" in his Twitter accounts bio, what has triggered first wave of market growth? Followed by Bitcoin acceptance by Tesla. Wasnt it November-December 2021, when the price grew to $20k, and later set new ATH with $40k ? I always thought that he was the one that triggered growth, that later turned into bull market in 2022. Not saying that Elon is the savior, but he was definitely the one who started price movement. And not halving, that Riodarvg mentioned.

[mv1986]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

Elon just entered the market in 2021, how can it be said that Elon created the growth of bitcoin? He is not a bitcoin creator or god to be able to do that, if he can tweet to make bitcoin hit new ATH, then I believe he has done it many times for his purpose of manipulating the market for profit. The fact that bitcoin always generates ATH after each halving means that bitcoin will not spike and reach ATH immediately, but it takes time, maybe half a year or a year later. Elon is not the savior of the market, he is just an investor like us, trying to follow the market to make a profit.

That effect of Elon Musk got worn out over time. In the beginning when he tweeted about Bitcoin, I think it was to be expected that the market will move or that at least some big players might have used the momentum of that tweet in order to pump the market and get excitement going on a global scale. When the richest man in the world with such a massive following out of a sudden starts to make moves in an industry, I think it is normal that there is going to be some serious momentum. It won't happen again though solely based on his tweets. Tesla accepting Bitcoin was also quite the step, but only in that specific situation.

Regarding the halving I believe that that will be priced in once again way earlier than the actual halving is going to happen.

[nullama]

~snip~
That effect of Elon Musk got worn out over time. In the beginning when he tweeted about Bitcoin, I think it was to be expected that the market will move or that at least some big players might have used the momentum of that tweet in order to pump the market and get excitement going on a global scale. When the richest man in the world with such a massive following out of a sudden starts to make moves in an industry, I think it is normal that there is going to be some serious momentum. It won't happen again though solely based on his tweets. Tesla accepting Bitcoin was also quite the step, but only in that specific situation.

Regarding the halving I believe that that will be priced in once again way earlier than the actual halving is going to happen.

Famous people or mainstream media saying things are basically noise in the long term.

The halvings are kinda in the middle term, they affect the price and how confident people feel about Bitcoin. The more of them, the better for Bitcoin.

We will see in a few years the big change that will be having the rewards as less than 1 Bitcoin, that will be interesting to see.

[cryptosize]

~snip~
That effect of Elon Musk got worn out over time. In the beginning when he tweeted about Bitcoin, I think it was to be expected that the market will move or that at least some big players might have used the momentum of that tweet in order to pump the market and get excitement going on a global scale. When the richest man in the world with such a massive following out of a sudden starts to make moves in an industry, I think it is normal that there is going to be some serious momentum. It won't happen again though solely based on his tweets. Tesla accepting Bitcoin was also quite the step, but only in that specific situation.

Regarding the halving I believe that that will be priced in once again way earlier than the actual halving is going to happen.

Famous people or mainstream media saying things are basically noise in the long term.

The halvings are kinda in the middle term, they affect the price and how confident people feel about Bitcoin. The more of them, the better for Bitcoin.

We will see in a few years the big change that will be having the rewards as less than 1 Bitcoin, that will be interesting to see.

It will be more interesting to see the block subsidy dropping below block fees (2040 -> 2044).

We still have a long way to go...

[BALIK]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

Elon just entered the market in 2021, how can it be said that Elon created the growth of bitcoin? He is not a bitcoin creator or god to be able to do that, if he can tweet to make bitcoin hit new ATH, then I believe he has done it many times for his purpose of manipulating the market for profit. The fact that bitcoin always generates ATH after each halving means that bitcoin will not spike and reach ATH immediately, but it takes time, maybe half a year or a year later. Elon is not the savior of the market, he is just an investor like us, trying to follow the market to make a profit.

Wait, but wasnt the moment, when he added "Bitcoin" in his Twitter accounts bio, what has triggered first wave of market growth? Followed by Bitcoin acceptance by Tesla. Wasnt it November-December 2021, when the price grew to $20k, and later set new ATH with $40k ? I always thought that he was the one that triggered growth, that later turned into bull market in 2022. Not saying that Elon is the savior, but he was definitely the one who started price movement. And not halving, that Riodarvg mentioned.

I don't know if it's a coincidence or not, but can you explain to me the previous ATHs? the 2017 bull run when Elon wasn't in the market yet, and Bitcoin hit the ATH later halving. If he has enough power to make bitcoin go up and hit new ATH, why doesn't he do it now and moves to play with Doge? In 2022 the assets of the companies he runs have lost over $132 billion, I believe if he can manipulate bitcoin like that, he should find a way to recoup those losses.

[Sayeds56]

The Bitcoin halving period could be a crazy time for Bitcoin and cryptocurrencies. Expect the price to go up and get a new ATH after each halving, so expect to hit a new all-time high after the next halving. Of course Bitcoin users and popularity will also increase.

It is not possible to precisely predict exact date and time of next Bitcoin halving but it is likely to happen in first quarter of 2024 & consequently its reward will fall to 3.25 Bitcoins & obviously supply will be reduced, which should increase its price. it is a big event for Bitcoin holders who expect Bitcoin to make new ATH after the halving as it happened in the past.

Bitcoin Bulls expect that it will not only break previous ATH, but also go beyond 200K. Let's watch & wait, what next halving brings for us.   DYOR

[Erumo]

Personally, I expect nothing special from 2024 Bitcoin Halving. As usually we will see dozens of topic of halving discussion here, article on a crypto portals, but in reality nothing happens. Just usual bla-bla-bla and increased expectation, sort of a price increase to 100k and bs like that.

Want to see real price changes - wait for 2025, as prices usually changes in a half a year or year after halving.

[Anonylz]

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

How can you confidentiality associate Elon Musk to the reason why btc experience any significant growth? Am a bit shocked at your response.
Btc has done consecutive ath before there was ever Elon Musk and his mediocre tweets. And believe it or not, btc will record yet again another ath in the coming bull circle without him.

[n0ne]

Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

How can you confidentiality associate Elon Musk to the reason why btc experience any significant growth? Am a bit shocked at your response.
Btc has done consecutive ath before there was ever Elon Musk and his mediocre tweets. And believe it or not, btc will record yet again another ath in the coming bull circle without him.

At times we've seen specific incidents pushing the market. Same as that previous time the market push happened when Elon Musk made few tweets. Further he tried to manipulate the market, but people are well aware and understood that Elon Musk is much focused on making money than supporting the market.

Bitcoin halving is scheduled to take place by 2024, we don't know what happens by the days close to halving. As the year is bearish, we can expect gradual rise in the price which might lead to new ath.

[Abiky]

Famous people or mainstream media saying things are basically noise in the long term.

The halvings are kinda in the middle term, they affect the price and how confident people feel about Bitcoin. The more of them, the better for Bitcoin.

We will see in a few years the big change that will be having the rewards as less than 1 Bitcoin, that will be interesting to see.

I can't imagine how expensive Bitcoin will become after the block reward is reduced to less than 1 BTC. Market prices would probably be in the "millions" by then. People usually become excited after each halving event, since they're indicators of a substantial increase in market prices. If history repeats itself, then it's likely BTC will go to the moon by 2024 (when the next block reward halving will occur).

Of course, the global economy would need to recover before we can talk about BTC reaching a new ATH in price. Central banks won't keep raising interest rates forever, so I'm pretty confident things will look bright next year. Who knows if BTC manages to beat Fiat for good? Just my thoughts

[Warkop]

my hope is that it will exceed the previous years in 2017/2021, and even in the coming 2024 bitcoin will be even more valuable throughout the world..

[JustEmilyR]

      https://i.imgur.com/5a3M8DN.png                    


                                               What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the number of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half.

In 2012, the number of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the upcoming 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

                                               Bitcoin Halving Dates History
      
         2012 Halving
The 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.

New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00

       2016 Halving
The second halving occurred on July 9th, 2016.

New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81

     2020 Halving
The third halving occurred on May 11, 2020.

New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00

     Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.


Source

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

Bitcoin managed to break through the USD 17,000 mark inevitably coming out of the recent price range and reaching a three-week high.

More information
⬇️⬇️⬇️
https://crypto-economy.com/bitcoin-btc-breaks-the-17k-barrier-and-aims-for-18k-in-the-short-term/

[nullama]

~snip~
I can't imagine how expensive Bitcoin will become after the block reward is reduced to less than 1 BTC. Market prices would probably be in the "millions" by then. People usually become excited after each halving event, since they're indicators of a substantial increase in market prices. If history repeats itself, then it's likely BTC will go to the moon by 2024 (when the next block reward halving will occur).

Of course, the global economy would need to recover before we can talk about BTC reaching a new ATH in price. Central banks won't keep raising interest rates forever, so I'm pretty confident things will look bright next year. Who knows if BTC manages to beat Fiat for good? Just my thoughts

Well, the 2024 halving combined with the fact that central banks will be allowed to have up to 2% of Bitcoin in their reserves from 2025 paints a pretty good picture to the next couple of years of Bitcoin adoption.

I think the price of one Bitcoin will pass the $100k mark in the next 2 years based on those two events alone.

[Popkon6]

~snip~
I can't imagine how expensive Bitcoin will become after the block reward is reduced to less than 1 BTC. Market prices would probably be in the "millions" by then. People usually become excited after each halving event, since they're indicators of a substantial increase in market prices. If history repeats itself, then it's likely BTC will go to the moon by 2024 (when the next block reward halving will occur).

Of course, the global economy would need to recover before we can talk about BTC reaching a new ATH in price. Central banks won't keep raising interest rates forever, so I'm pretty confident things will look bright next year. Who knows if BTC manages to beat Fiat for good? Just my thoughts

Well, the 2024 halving combined with the fact that central banks will be allowed to have up to 2% of Bitcoin in their reserves from 2025 paints a pretty good picture to the next couple of years of Bitcoin adoption.

I think the price of one Bitcoin will pass the $100k mark in the next 2 years based on those two events alone.

According to Bitcoin halving, 2024 has been fixed by many experts.  Banks in many countries will issue bitcoins in 2025.  Accordingly, we have to wait two years.

Currently in January 2023, Bitcoin is showing signs of a slight improvement.  Investing in Bitcoin in this position is sure to bring success.  Because Bitcoin, which is now at a low level, will surely come in good time.

[eddie.gouws]

The 6 digits may be there ok. But if we are treating bitcoin as a chance to just get rich what is the point of it all? Due to bitcoins nature 6 digits are possible but not if we buy and sell simply to buy and sell we should use bitcoin as we do dollars and Euros if we treating it as a market then at some time will collapse.

[kro55]

my hope is that it will exceed the previous years in 2017/2021, and even in the coming 2024 bitcoin will be even more valuable throughout the world..

I believe that if history repeats itself, bitcoin will bounce back after the halving, and then we will have a new all-time high almost guaranteed. As everyone else, I too am expecting bitcoin to reach $100k for the next halving, and I also expect that bitcoin adoption will become more common at a national level. As soon as that country accepts bitcoin, then obviously all the people and businesses in that country will accept and use bitcoin as well.

[cloirecrom]

looking at current situation probably another big bull run before crypto stabilize and matured.
no more 90% bear and 10.000% bull lol

[Anonylz]

~If history repeats itself, then it's likely BTC will go to the moon by 2024 (when the next block reward halving will occur).

It is not a question of "IF" buy When history repeats itself. From the history of previous ath, btc has always create new records hence the same will happen come 2024.
According to some information online, the accumulation of btc keeps increasing, even the number of non custodian wallet holding btc keeps raising, which means the btc supporters are strongly accumulating which can only result to one result - Mega ATH.

[Mustang Shelby]

Halving is often an important touchstone for Bitcoin.  You know, the rewards are halved.  More labor is required for miners.  The mining costs required to mine Bitcoin are also increasing.  As far as I remember, in all previous Halvings, the price went up and a record refresh was made.  Bitcoin's record is now over $60,000.  In my estimation, we can beat this record after this halving.  Of course, no one knows the exact date, and no one knows whether this will happen or not.  I just wanted to make a guess.  I hope we can catch a better increase than usual after the new halving.

[Abiky]

It is not a question of "IF" buy When history repeats itself. From the history of previous ath, btc has always create new records hence the same will happen come 2024.
According to some information online, the accumulation of btc keeps increasing, even the number of non custodian wallet holding btc keeps raising, which means the btc supporters are strongly accumulating which can only result to one result - Mega ATH.

While history has shown us that Bitcoin makes a comeback after each halving period, it's certainly not a guarantee the same will happen by 2024. These times are different, because the world is struggling to recover from the negative effects of the COVID-19 pandemic and the Russo-Ukraine war. If the global economy hasn't recovered by 2024, don't expect Bitcoin to reach a new ATH anytime soon.

I'd be surprised if BTC still manages to reach a new ATH in the middle of the crisis. That would mean Bitcoin has finally become an independent form of money that moves on its own regardless of what happens in the mainstream world. 2023 is just getting started, so we can only hope things will get better in the long run. Just my opinion