Approximately 384 Days until the next Bitcoin halving

[elevates]

How many of you are eagerly waiting for the next halving?



The number of blocks remaining until halving is 66140. After the upcoming halving, the block rewards would be reduced to 3.125 BTC. At the moment the block reward is 6.25 BTC, which means miners would be earning just half of what they are earning now. At the moment the number of Bitcoin generated per day is 1075 and after the upcoming halving, it will be 537.5. The next bull run should be coming in 2024, I think so as after the previous halving we saw a huge pump. We should start accumulating if you have not or if you are new here and have not invested yet then invest in Bitcoin asap. As always do your own research guys.

It has been three months now since I created this thread. Just a reminder to everyone we have 1 YEAR & 22 DAYS left for halving. The expected month for halving is April of 2024.

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[Bitstar_coin]

As much as I am waiting for the next halving, am just looking forward for market recovery. I think the btc and crypto community have seen enough bear market that everyone is eagerly looking forward to a more greener and fun market. Things are relatively quiet and slow because of the market situation.
And yes, I have been accumulating btc as much as I can because btc is the best crypto investment you can have.
It will be sad for anyone who could not buy btc at this low price for whatever reason.

[Scripture]

I don't want to watch the countdown because I get pressured to accumulate more because I know, halving is a big event for Bitcoin which only happens every fours years if I'm not mistaken. Better to focus now on accumulating, because we are about to rise again and this is not just a hype but its a fact and its the cycle of Bitcoin. You can do DCA, and buy little by little, what's important here is that you have Bitcoin holdings and you can make profit out of it.

[Hispo]

I am well aware of the incoming halving and I indeed try to accumulate as much as possible but also keeping it reasonable.
Still, it is probable that the price won't increase suddenly after the halving, it may take some time after the full effects of the halving to translate on the price.

I have good feelings on the mid term for both Bitcoin price and adoption. 

[xSkylarx]

Take note also as other newbies are thinking that when there was a halving it doesn't mean that the price will then rises after a month and also it is huge. This will take time mostly I noticed that after halving the price will go up after 3 - 4 months which is a good sign and it will be making new ATH. But only this data was in the previous halving and it doesn't mean that it will be rising again next year as we can't predict the future. It has a possibility that first time in 5 years it will be hitting its all-time low instead of ATH. We should just invest what we can afford to lose and let's control our emotions in this situation.

[tranthidung]

Some websites to get estimated halving date.

• https://bitcoinblockhalf.com/
• https://buybitcoinworldwide.com/halving/
• https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving
• With Controlled Supply and Equivalent Network Time have more information as well as explanations for you.

[Husires]

It is better to estimate according to the blocks, because an attempt to estimate the days may give a margin of error of about a month, but in any case, the effect of Bitcoin halving will not appear on the price until after about a year has passed, meaning that the effect will not be so rapid that the price will rise directly in a week or two.

Therefore, all attempts to link it with the current market trend will not be accurate or misplaced optimism.

• https://bitcoinblockhalf.com/
• https://buybitcoinworldwide.com/halving/
• https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving

The difference between them is noticeable:
 425 days 12 hours 32 minutes     https://buybitcoinworldwide.com/halving/
 459 days 4 hours 58 minutes       https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving
 459 days 2 hours 58 minutes       https://bitcoinblockhalf.com/ 

[tranthidung]

It is better to estimate according to the blocks, because an attempt to estimate the days may give a margin of error of about a month, but in any case, the effect of Bitcoin halving will not appear on the price until after about a year has passed, meaning that the effect will not be so rapid that the price will rise directly in a week or two.

I know and we only the exact block number at which Bitcoin block reward will be halved. We can not know when exactly in time and date.

The difference between them is noticeable:
 425 days 12 hours 32 minutes     https://buybitcoinworldwide.com/halving/
 459 days 4 hours 58 minutes       https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving
 459 days 2 hours 58 minutes       https://bitcoinblockhalf.com/ 

It is understandable to see differences in estimations from different sources. I remembered it was discussed months ago and maybe longer in the past too.

Personally, I don't time the market so I don't time the block halving time. These websites are good enough to give us a raw estimation on when a next block halving might happen.

[glendall]

It is better to estimate according to the blocks, because an attempt to estimate the days may give a margin of error of about a month, but in any case, the effect of Bitcoin halving will not appear on the price until after about a year has passed, meaning that the effect will not be so rapid that the price will rise directly in a week or two.

I know and we only the exact block number at which Bitcoin block reward will be halved. We can not know when exactly in time and date.

it's true what you said we don't know when it will happen the date and month, we don't even know for sure because we know crypto is very difficult to predict,
by looking at many sources, I have more than enough for us to learn when we go in to buy back and all need the right instincts, in my opinion in this case,

[crunck]

How many of you are eagerly waiting for the next halving?


The number of blocks remaining until halving is 66140. After the upcoming halving, the block rewards would be reduced to 3.125 BTC. At the moment the block reward is 6.25 BTC, which means miners would be earning just half of what they are earning now. At the moment the number of Bitcoin generated per day is 1075 and after the upcoming halving, it will be 537.5. The next bull run should be coming in 2024, I think so as after the previous halving we saw a huge pump. We should start accumulating if you have not or if you are new here and have not invested yet then invest in Bitcoin asap. As always do your own research guys.

Many are waiting as most believe that only when the halving takes place will bitcoin be able to rise again and reach a new ATH. But it can be seen that we are more than a year away from halving, so the bitcoin rally to 23k is something we should be very careful about, the bear season is not over yet, and most likely bitcoin will drop again.

[livingfree]

I am eager into seeing the next halving. I've seen two of it and very optimistic on how it is going to be after the halving next year.

Yeah, those that still haven't taken any bitcoin on their stashes, you should be able to buy now while we're seeing it down from the ATH that it has got.

You don't have to buy a whole bitcoin if you can't, what matters is you'll be consistently buying it only if you've got the same optimism as we've got since we've witnessed how good the effect of it for bitcoin.

[qwertyup23]

I don't want to watch the countdown because I get pressured to accumulate more because I know, halving is a big event for Bitcoin which only happens every fours years if I'm not mistaken. Better to focus now on accumulating, because we are about to rise again and this is not just a hype but its a fact and its the cycle of Bitcoin. You can do DCA, and buy little by little, what's important here is that you have Bitcoin holdings and you can make profit out of it.

Do not worry- what you are feeling is the good kind of pressure.

Given the current trend of halvings and its past effects, expect the price of BTC to skyrocket in the market. While there is indeed that pressure of accumulating, it is the good kind of pressure where the end result WOULD most likely result in a profit. If you feel like you have to purchase and HODL, then do it for as long as you are using your spare funds for this.

Before, I used to ignore every halvings and I took it for granted. Now, I will definitely purchase and HODL my coins to take advantage of its price increase on the market.

[maydna]

I can still be patient waiting for the next halving because I've already had one before, so it's not a big problem for me to wait for another one. Apart from waiting, I also prepared myself to be able to have more bitcoins by buying them some time ago when the bitcoin price was still below $20k.

If you just wait and count the days without doing anything, you could miss an opportunity to buy bitcoin at a low price. Many predictions say that the price of bitcoin will reach its latest peak at the next halving. But we are still guessing whether the new price will occur before or after the halving occurs. And if you want to sell your bitcoins at the next high, you should be able to collect more bitcoins from now on.

[stompix]

I remembered it was discussed months ago and maybe longer in the past too.

Here is it:
https://bitcointalk.org/index.php?topic=5403419.msg60408999#msg60408999
It's just because of the average they use to calculate and the project they make between difficulties.

But I still think those will be a bit more accurate than the previous ones, the difficulty jumps are not the same as before and they really can't go anymore over 20-30% like years ago, the shear amount of gear that needs to do so is just impossible to come by.
From June till now the clocks have moved around 4-10 days, so probably with what is left the current times are less than one week off.

It is better to estimate according to the blocks, because an attempt to estimate the days may give a margin of error of about a month,

The estimate is done according to the current block time and the average between them, then simply transformed into days and months.
It's a pretty simple thing but since everyone likes different averages over different timespans, they do it just like a guy doing TA when they want to draw lines over periods of one year or one month, arbitrarily choosing dates, and thus having the same accuracy as TA..which we all know how it ends.

Anyhow, I don't know what's so special about 384 days from now, OP could have waited a few weeks and created the topic when one of the dozen of clocks would have shown there is exactly one year left to the halving!

[pooya87]

Since the last cycle was cut short abruptly and compared to previous cycles that we had was a tiny rise, I no longer thing the 4-year cycle is a solid trend at this point even though we may start seeing another cycle shape up in the future.
For now there are a lot of other events in the world that are affecting the global economy hence affecting bitcoin price which in my opinion are more important to watch than the halving.

[kryptqnick]

I still don't see a strong connection between the bear market and halving events, and while it's generally good that fewer Bitcoin will be added to the supply on a regular basis, there's also the frustration some miners might experience due to mining becoming less profitable. I don't mind halving, I'm generally neutral about it. But I think there isn't enough evidence to expect a bull run around halving. We may have a bull run sooner, in 2023, we may have its continuation in 2024. To me, halving it just an end of a cycle, an end of a stage of Bitcoin's life.

[uchegod-21]

Since the last cycle was cut short abruptly and compared to previous cycles that we had was a tiny rise, I no longer thing the 4-year cycle is a solid trend at this point even though we may start seeing another cycle shape up in the future.
For now there are a lot of other events in the world that are affecting the global economy hence affecting bitcoin price which in my opinion are more important to watch than the halving.

What you said could happen after this halving we are expecting. But for now the wave is still pushing and this year halving has been preached more than other ones. That is why the pumping will not fail. The hype is high and everyone is expecting it.

[Ndabagi01]

Bitcoin halving is always much anticipated because of the potential high in bitcoin price that follows up. Those that buy low now and have been patient all along will reap the fruits of their patience soon. The wanting that comes to not missing out on the bull run should not pressure one to lend money to buy BTC. Research and findings will be very much needed when the need to invest in BTC  against the bull run comes.

[franky1]

Take note also as other newbies are thinking that when there was a halving it doesn't mean that the price will then rises after a month and also it is huge. This will take time mostly I noticed that after halving the price will go up after 3 - 4 months which is a good sign and it will be making new ATH.

the main reasons are that industrial mining farms do not pay bills by the week or month, using coin they mined that week or month. they have better business models that that silly whimsical game of cat and mouse bill paying game..

they pre-buy electric contracts for 6-24 months(ahead) at a fixed rate, meaning better bulk purchase prices than normally offered to monthly bill payers

this means the 2022 residential electric price rises have not affected the industrial miners YET
so their cost average is still at early 2022 electric levels of the industrial grid prices

how they account their BTC cost is not done as a weekly/monthly event either
they know they will continually mine for a couple years at X rate electric. and their hardware they run for a couple years before selling second hand to then buy new gen efficient equipment. so they work in periods of 1-2 years depending on contract deals

so they calculate their costs at the start of the 1-2 years. and they then see how much coin they accumulated after 1-2 years and THEN set their cost per coin of that allotment.

they are not selling the coins they just mined. they sell the previous periods coins (deflation means they profit by selling older coins first)

so this is why, even though their coin production halved in:
2012 the markets didnt shift until 2013
2016 the markets didnt shift until 2017
2020 the markets didnt shift until 2021

[mk4]

But I think there isn't enough evidence to expect a bull run around halving. We may have a bull run sooner, in 2023, we may have its continuation in 2024.

People see bitcoin's past halving performances as "evidence". But once everyone expects the same exact thing to happen though, that's when things end up moving differently. Maybe the price increase would come far sooner, far longer in the future, or maybe not at all.