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Author Topic: 2024 Bitcoin Halving - What are Your Expectations!!!  (Read 3667 times)
RealMalatesta
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October 10, 2022, 05:51:30 PM
 #61

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.
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October 10, 2022, 06:28:29 PM
 #62

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
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October 10, 2022, 06:51:28 PM
 #63

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.



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October 10, 2022, 07:04:00 PM
 #64

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.

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October 10, 2022, 08:08:29 PM
 #65

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.
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October 10, 2022, 08:55:25 PM
 #66

...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.

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October 10, 2022, 09:57:31 PM
 #67

...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.

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October 10, 2022, 10:27:15 PM
 #68

...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.

R


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October 10, 2022, 10:39:41 PM
 #69

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.

R


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October 11, 2022, 07:29:47 AM
 #70

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.
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October 11, 2022, 08:06:47 AM
 #71

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


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October 11, 2022, 08:25:49 AM
 #72

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.

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October 11, 2022, 10:20:54 AM
 #73

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.

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October 11, 2022, 11:01:52 AM
 #74

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.

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October 11, 2022, 12:56:47 PM
Merited by Betwrong (1)
 #75

Like clockwork:

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October 11, 2022, 04:41:48 PM
 #76

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.
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October 11, 2022, 05:01:50 PM
 #77

...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...

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October 11, 2022, 05:10:30 PM
 #78

...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.
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October 11, 2022, 05:18:35 PM
 #79

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.

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October 13, 2022, 12:16:55 PM
 #80

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^^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?

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