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Author Topic: Approximately 384 Days until the next Bitcoin halving  (Read 555 times)
Kryptowerk
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February 02, 2023, 04:13:40 PM
 #61

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.
I kind of agree on that contrarian perspective.
Still, it's important to notice that first of all, the 4 years cycle of halvings kind of aligns well with other economic cycles, also each additional Bitcoin DOES INDEED become more precious and takes double the expenses to produce with mining.
Just because of these two factors, it is still very likely to see a big effect coming from the halving - however the effect we see on the market could be much earlier than expected or delayed a little more. Personally I expect to see a slower curve with less amplitude regarding the effects on pricing - exactly because so much more people are aware of this cycle and its implications.

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=4kBoLVvoqVY&t=288s One of the most important talks about the current state of this planet. Go check it out.
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February 02, 2023, 04:47:36 PM
 #62

I don't think this halving affect Bitcoin price as much as previous ones. It's natural for people to follow this because they think from past experiences that similar events will happen in the future. I think it's very possible that we will see a new bull market, but halving won't be the only reason. We've been in a downtrend for a long time and Bitcoin is just giving signs of recovery. Since the market won't fall continuously, it will rise again at some point.

I believe that we should not just keep accumulating BTC but alts too, some alts have done 100 and some even did 1000x after previous halving. However, we don't know where the money will land just before/after halving takes place. Only time will tell, however, halving has always proven to be the best time before which pumps take place and the real value already gets priced in. So, doing it in chunks will definitely help us out to earn a lot during halving.

It's hard to pick the right altcoin and every new cycle created new altcoins. If you buy the wrong altcoin, you can even lose money, let alone make money. Bitcoin is always the safest choice in crypto-currency market. I always have Bitcoin in my wallet, whether there is a new bull market or not.

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February 02, 2023, 05:06:36 PM
 #63

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.

I'm happy that the supply of bitcoin is shrinking but at the same time concerned about miners. So many of them are still at losses from the previous market collapse and now in less than 1 year and some months, their reward from block reward will be half insinuating a reduction in the amount of take home revenue, I hope the bitcoin price beat the previous ATH we have seen previously otherwise some miners will be forced to shut down their equipment which may undermine the security of bitcoin, and talking about the hardware, the cost of purchasing antminer is no longer friendly and the cost of production is no longer viable for a common miner, there are big positive things I anticipate with the next halving.

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February 03, 2023, 08:09:00 AM
 #64

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.
I kind of agree on that contrarian perspective.
Still, it's important to notice that first of all, the 4 years cycle of halvings kind of aligns well with other economic cycles, also each additional Bitcoin DOES INDEED become more precious and takes double the expenses to produce with mining.
Just because of these two factors, it is still very likely to see a big effect coming from the halving - however the effect we see on the market could be much earlier than expected or delayed a little more. Personally I expect to see a slower curve with less amplitude regarding the effects on pricing - exactly because so much more people are aware of this cycle and its implications.
Well said! Halving is much anticipated and more people are now aware of it and are ready to make money to avoid missing out, unlike the last ones. But have you ever thought of it backfiring? I am much expecting the moment as well, but as an investor, I will always be very careful to overstate what could be the outcome. Like I always tell people offline, I will follow what I see on my long-term chart rather than allow myself to be blinded by a tradition.

I've stayed long enough in the financial market to say that things do not always happen the way we plan at times, and if it does, we take advantage. But under a careful consciousness.

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February 03, 2023, 08:37:23 AM
 #65

I am very happy checking with halving time countdown and so excited waiting for Bitcoin break out when halving time coming close, many people loss their Bitcoin investment during last one year after Bitcoin drop drastically from all time high price. Lest talk possibility with 383 days left for Bitcoin halving will back make new all time high price? Still not hype right now with one year left for halving time and I don't know when investor coming back and invest their money with Bitcoin to get positive moment with halving time.

Last two days Bitcoin have reached almost $24,000 and seems to be $30,000 not difficult actually little having bad news and not any bad impact for making Bitcoin drop again.

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February 03, 2023, 07:16:03 PM
 #66

I’m always eagerly awaiting each bitcoin halving. It’s better than Christmas for me (well what happens post halving any way) because we always absolutely moon 12-18 months after the halving. The reduction in supply is like a boa constrictor, squeezing, we start to pump & euphoria surrounds everything bitcoin related.

I think we’ll cross $100,000 easily after the next halving, wouldn’t surprise me if we get closer to $200,000 by the end of 2025. Buckle up, it’s going to be a wild ride.

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February 03, 2023, 07:27:48 PM
 #67

My view on this is neutral. Ok, 4th halving. So what? It isn't an experimental dev game anymore.

Funny thing is that both these two, and the one at the OP are different estimations.

Let's break it down a bit. The next halving will emerge in 840,000 - 774,889 = 65,111 blocks. That's approximately 651,110 minutes, which is 10,852 hours, or 452 days. So bitcoinblockhalf.com calculations are right.

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February 03, 2023, 09:27:03 PM
 #68

I'd call it the next 'big one' for this industry if incase. There's still more than a year before the anticipated fork but people are already focused with what is expected by many of us, based from the past of this industry. Well, not to close doors for the tendencies this year but the increase we are seeing right now is somehow not strong enough to be continuous 'til next year which makes it worrisome to many investors. But it would always be advisable to enter the market as long as you can endure market downfalls given that consistency is lacking in this industry. You are lso free to wait for clear signs to occur whether this year or on the next hard fork. Just be sure to gauge the odds and your capability as an investor.

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February 03, 2023, 09:57:59 PM
 #69

  /////// /////// /////// /////// /////// ///////  /////

Well...! Just today there are fewer days, I don't think that marking the Halving as a goal or point from which the "run of animals" is going to happen, has to marking himself as a prisoner who can't do anything else.

The Halving is (or was) the "star" of some exciting turning points, but perhaps as that old rock & roll star can't be wearing his classic outfit, they would say his best years are over.(!?)

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February 03, 2023, 11:10:04 PM
 #70

I’m always eagerly awaiting each bitcoin halving. It’s better than Christmas for me (well what happens post halving any way) because we always absolutely moon 12-18 months after the halving. The reduction in supply is like a boa constrictor, squeezing, we start to pump & euphoria surrounds everything bitcoin related.

I think we’ll cross $100,000 easily after the next halving, wouldn’t surprise me if we get closer to $200,000 by the end of 2025. Buckle up, it’s going to be a wild ride.

Same prediction as mine, and so this is really a big and important event for bitcoin and probably for those who haven't seen one, this is going to be exciting. Specially to see how the price is going to move after that, and they can finally see and feel what a bull run really means in bitcoin market, as the price could go up and it's going to be massive.

$100k will be the obvious target, at least 6 digit and then we will see how big it's going to be. So everyone should tune in to the halving next year. Supply will dwindle but the demand is going to be big.

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yohananaomi
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February 14, 2023, 11:05:23 PM
 #71

My view on this is neutral. Ok, 4th halving. So what? It isn't an experimental dev game anymore.

Funny thing is that both these two, and the one at the OP are different estimations.

Let's break it down a bit. The next halving will emerge in 840,000 - 774,889 = 65,111 blocks. That's approximately 651,110 minutes, which is 10,852 hours, or 452 days. So bitcoinblockhalf.com calculations are right.

maybe the same as the prediction from Coingecko who also did the determination ;

https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving#:~:text=When%20Is%20The%20Next%20Bitcoin,will%20be%20reduced%20to%203.125.



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February 19, 2023, 03:53:18 PM
 #72

My view on this is neutral. Ok, 4th halving. So what? It isn't an experimental dev game anymore.

Funny thing is that both these two, and the one at the OP are different estimations.

Let's break it down a bit. The next halving will emerge in 840,000 - 774,889 = 65,111 blocks. That's approximately 651,110 minutes, which is 10,852 hours, or 452 days. So bitcoinblockhalf.com calculations are right.

maybe the same as the prediction from Coingecko who also did the determination ;

https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving#:~:text=When%20Is%20The%20Next%20Bitcoin,will%20be%20reduced%20to%203.125.


https://i.imgur.com/Zc8CCUE.jpg

Not sure if an exact date is important at all, except of course for the miners themselves.
It's always interesting to see the conecpt of "already priced in" with information that are openly available, such as the approx. halving date - but then still seeing a strong effect after it has taken place.
For previous halvings that means the effect was not fully priced in already - will this change this time and we see a more gradual price adjust until shortly before or after the actual halving and then no crazy pump this time? I wonder...


Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=4kBoLVvoqVY&t=288s One of the most important talks about the current state of this planet. Go check it out.
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February 19, 2023, 04:35:37 PM
 #73

Some people worry that the next halving won't push bitcoin price higher than before, and I believe that is a healthy mindset. Of course optimism is needed, but the market never works the way we think it will. There are times when the future trend will not be the same as the past trend, but one can look forward to its repetition by investing without ignoring any risk.

People keep pushing that the halving could affect the price even could support new ATH process afterwards. I never know how certain it is, but it's just a possibility that it can be right or it can be wrong in the end. But history says halving is a good start to look forward to a new ATH on bitcoin.

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tread93
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February 19, 2023, 07:29:10 PM
 #74

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.

Thanks for the reminder! Its crazy that the next halving is just over a year away! We are certainly due for a nice bull run around then, one would hope! Keep stacking! Accumulation of SATs is a must in this day and age.

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February 19, 2023, 09:05:03 PM
 #75

I'd call it the next 'big one' for this industry if incase. There's still more than a year before the anticipated fork but people are already focused with what is expected by many of us, based from the past of this industry. Well, not to close doors for the tendencies this year but the increase we are seeing right now is somehow not strong enough to be continuous 'til next year which makes it worrisome to many investors. But it would always be advisable to enter the market as long as you can endure market downfalls given that consistency is lacking in this industry. You are lso free to wait for clear signs to occur whether this year or on the next hard fork. Just be sure to gauge the odds and your capability as an investor.

If a holder has a long-term plans for btc, much better to accumulate satoshis whenever it goes down.
Because being a holder, you have a strong belief that someday, btc will rise up and so you will reap your rewards.
These days of waiting will be over very soon, so we should act before this event happens.
More than a year of waiting is sometimes not bearable for some who have their short-term plans.
The good thing in this market is anyone can speculate, but it depends on how you react on this to take advantage of the possible opportunity.
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February 19, 2023, 09:24:02 PM
 #76

I've been waiting for this day since I first entered the crypto world. I've never experienced how the halving and bull run occur in tandem, but I've heard from many people about how everything in the market tends to be. I'm also hoping to accumulate bitcoin before the halving so that I can benefit from it as well. Because bitcoin is the only coin that can regain its strength after a price change caused by the volatility it has experienced over the years.

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February 19, 2023, 11:57:26 PM
 #77

I think bitcoin's short-term structure has now broken down and it has, in a certain way, moved into at least the medium to long term.  Confidence and bitcoin's halving in 2024 are driving that.  the market has almost tested the $21k support and ascending is confirmation.  I look forward to buying and accumulating bitcoin well this year. I am ready for that.

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