KupaCrypto
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February 07, 2023, 03:14:32 AM |
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Bitcoin is very popular in the world and peoples are benefiting from it. We cannot say anything about Bitcoin ups and downs. May be Bitcoin will halve or double in 2024. it is hard to predict now. The Crypto news coming on these days seems to bode well for bitcoin future.
The halving policy occurs every 4 years next year it's expected to occur and when it does there is every tendency that the price of bitcoin will increase, so bro get more bitcoin, invest more , buy as many you can buy bro because next year an increase in the value is expected. The future of bitcoin is already safe and secured, the news and updates coming in are very positive if you ask me, those Everything in life is a risk , let's make the rusk worth it.
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John Abraham
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February 07, 2023, 08:06:06 AM |
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Bitcoin is very popular in the world and peoples are benefiting from it. We cannot say anything about Bitcoin ups and downs. May be Bitcoin will halve or double in 2024. it is hard to predict now. The Crypto news coming on these days seems to bode well for bitcoin future.
I don't know what you understand about halving. We are not talking about price halving here. At this moment, Bitcoin miners get 6.25 Bitcoin for each successful block they mine. The Block reward will get half every four years. That's Bitcoin halving. The next halving is estimated in 2024. After the halving, Miners will get 3.125 for each successful block they mine. I hope you understand. If not, You may read more here - What Is Bitcoin Halving? Definition, How It Works, Why It Matters
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Teatotal
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February 07, 2023, 12:12:44 PM |
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It will Absolutely depend on the price of Bitcoin in and around the time of the halving. If it's not prudent to sell it they wont or if it's in the middle of an obvious bull run let it run
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KupaCrypto
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February 07, 2023, 08:26:49 PM |
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It will Absolutely depend on the price of Bitcoin in and around the time of the halving. If it's not prudent to sell it they wont or if it's in the middle of an obvious bull run let it run
Yes exactly, the bull market will even make the halving more Interesting, since nany investors like myself are buying and stacking it for the price to rise, we can't really predict the actual outcome of the halving when it comes to the rise in price of bitcoin but one thing I know it will be by far favourable , so bro buy more BTC, but and invest as many as you can , after buying chill and let's watch the actual outcome come next year, one thing I know if the price goes up like twice the present price and you didn't invest you are not going to forgive yourself.
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Mahanton
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February 07, 2023, 08:59:09 PM |
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Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum. My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry? This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.
Dont be afraid because there's nothing you should really be scared off, whether there would be some price increase or not on the halving event whether before or after then no one really knows. This is why it would really be that better for you to make yourself that get used to or really just that accepting for whatever things that we might faced up on that time.There's no difference on where we are now and on the time that it is upcoming.It would always matter nor depend on the demand as always which it would be always the key or reason for the price to climb up on levels that we arent even anticipating.
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yohananaomi
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February 09, 2023, 09:12:28 PM |
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It will Absolutely depend on the price of Bitcoin in and around the time of the halving. If it's not prudent to sell it they wont or if it's in the middle of an obvious bull run let it run
Yes exactly, the bull market will even make the halving more Interesting, since nany investors like myself are buying and stacking it for the price to rise, we can't really predict the actual outcome of the halving when it comes to the rise in price of bitcoin but one thing I know it will be by far favourable , so bro buy more BTC, but and invest as many as you can , after buying chill and let's watch the actual outcome come next year, one thing I know if the price goes up like twice the present price and you didn't invest you are not going to forgive yourself. bitcoin always has the character to repeat what has been done either to go down or increase. when the era of the halving period will occur, it is certain that prices will increase, because the halving process is a reduction in income from mining, where finally the economic law occurs, the large number of requests and few goods will make goods increase in price, that's what happened with bitcoin. every period of the halving era will be accompanied by a bull market period, the price of bitcoin will increase and this is an event that is repeated by bitcoin, remember the halving period will occur in May 2024 so be prepared to continue buying and saving.
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Maestro75
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February 09, 2023, 09:50:58 PM |
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My greatest fear is; what if 2024 halving comes and go without any kind of bull run?
That is very unlikely. Bitcoin halving causes shortage in supply of bitcoin because of the reward per block. And we know in basic economics that shortage in supply will mean increase in demand and that will result to scarcity. With scarcity, price goes crazy. All the past bitcoin halving produced bull run and I do not see that in 2024 being different.
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Quidat
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February 09, 2023, 09:57:30 PM |
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My greatest fear is; what if 2024 halving comes and go without any kind of bull run?
That is very unlikely. Bitcoin halving causes shortage in supply of bitcoin because of the reward by block. And we know in basic economics that shortage in supply will mean increase in demand and that will result to scarcity. With scarcity, price goes crazy. All the past bitcoin halving produced bull run and I do not see that in 2024 being different. Supply and demand as always and if we do see that newly generated coins where rewards is been halved once again and the demand is still or increasing then we do know on what happens next. It is really just that we dont really know on what would actually happen but at least we do have the idea on its possible path considering that we've seen the past halvings which it did really cause for Bitcoins price to reach up on numbers which we didnt even anticipate for it to happen and this is why its up to someone whether they would be taking up some risk on investing or not.
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serjent05
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February 09, 2023, 10:01:43 PM |
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Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum. My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry? This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.
This feeling is almost the same during the year 2018-2020 when Bitcoin keeps on crashing. Most of the Bitcoin holders cash out and got shaken during the price collapse but little that they know that Bitcoin will surge by the year 2021. The year before the halving of 2020, there is also no sign of waves that can trigger Bitcoin to break its ATH but it happens in 2021 just like a natural course. So I think, we don't have to think too much atm since adoption is still in the process and things will take their natural ways just like what happened in 2021, I believe Bitcoin will repeat the history of breaking ATH again.
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BitcoinPanther
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February 09, 2023, 10:08:22 PM |
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My greatest fear is; what if 2024 halving comes and go without any kind of bull run?
That is very unlikely. Bitcoin halving causes shortage in supply of bitcoin because of the reward per block. And we know in basic economics that shortage in supply will mean increase in demand and that will result to scarcity. With scarcity, price goes crazy. All the past bitcoin halving produced bull run and I do not see that in 2024 being different. No, Bitcoin halving does not cause shortage of supply but rather cause a psychological effect of people thinking Bitcoin will become rarer due to halving of incoming supply. It cause a logical idea of smaller supply and bigger demand due to increasing adoption, creating hype to the point of FOMO when the price starting to spike. It is a domino effect that has Bitcoin price surging at the end of the rope.
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Smartvirus
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February 09, 2023, 10:16:27 PM |
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Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum. My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry? This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.
An idea that have moved humanity for a long time is the idea of hope, that there certainly is a better tomorrow. Even when today throws such shit at you that you don't think you could handle. Having to think or believe in the idea that there is a tomorrow that can be better than today is what keeps us going. That's the idea that surrounds the halving for crypto enthusiast around the world. At the moment when the bears seems to rock the cryptospace, the halving sows a seed of hope for all hodlers and future investors. All it needs is that, investors come pouring in but, what if they don't and the expected bullrun never happens? I guess we would have to find a reason for the period and have hope for a next one, lol...
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Cookdata
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February 09, 2023, 10:55:08 PM |
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I have this kind of vibe that bitcoin will revive in price and the network usage will multiply come 2024, the short term wave will come before the bull run and the mega wave will come after the halving, this is how the bitcoin cycle works and that's how it will continue to be except may be some little changes in its metrics but rest assure, it will move.
There is something I also understand earlier this year from bitcoin, what did I learn? Bitcoin price will be move by the whales regardless of how you feel, the price you think as support and resistance, if they wish to move past them, they will without thinking it twice, this is what I have understood about the bitcoin market. Also, litecoin having is some months away and some whales are already preparing in advance, bitcoin will move regardless my friend.
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pantek talacuik
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February 10, 2023, 01:50:54 AM |
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No, I think your doubts are absolutely unfounded.
Very touching short answer to make people think it's going to happen, I didn't see exactly what the caption was about so this wouldn't happen and it became a joke later.
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KingsDen (OP)
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February 10, 2023, 10:44:49 AM |
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Many people misunderstood the second part of my statement. Well in the OP, the first part of the statement was used to express my fears while the second part was just a figure of speech used to imply the kind of force which would replace the force of halving bull run incase it fails. Anyways, I have read some reasons to believe that halving bull run will not fail. Let us believe with facts that it will not fail because if it does, it won't be easy
I agree. Let's just stick to that pattern thinking that everything's going to be fine. It's common to think of what IFs because we care for bitcoin and unexpected things might really come. But it's all speculation until it actually comes into reality. The thing is, we're all caring for what's about to happen and we're just a year afar from it and thoughts that we want to express really differs but in the end, we all want to succeed together with bitcoin. I know that it is important to think less about things you cannot control but most times you need to think about them and see if we have possible solutions. If there are no solutions, some people might give you concerning wills and directions on how to deal with that event whenever it happens. But shying away from it totally may take us unaware when it happens and 2024 is not far from now and bitcoin halving is one thing that must happen. It is therefore necessary that we discuss it and have a resounding believe in Bitcoin we3ther having goes well or not
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