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Author Topic: Most Reliable Halving Countdown?  (Read 268 times)
Grim_Fandango
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April 25, 2023, 09:06:36 AM
 #21

Hey,

I was wondering what's the most reliable Halving Countdown we have available for Bitcoin.
Here are some of the Halving Countdowns I found on Internet and their Prediction on when Bitcoin Halving will take place ->

1. BuyBitcoinWorldwide - 2 April, 2024
2. Binance Academy - 30 April, 2024
3. Gate.io - 3 May, 2024
4. CoinGecko - 4 May, 2024
5. BitcoinBlockHalf - 4 May, 2024
6. Nicehash  - 31 May, 2024
7. CoinmarketCap - 1 June, 2024
8. CoinWarz - 3 June, 2024

Who do you think is going to be the most accurate in terms of predicting halving date?  Roll Eyes

We know that no one can predict with 100% certainty when bitcoin halvening will happen and can only give estimate. Therefore, there is no most reliable countdown, all are just guesses and in the end one of them will probably be right.

It would be like asking 100 influencers what will be bitcoin price be at the certain date. No one can know for sure, but some will be more correct than others.
passwordnow
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April 25, 2023, 09:06:39 AM
 #22

6. Nicehash  - Website Down
I've checked it and it's not down. From the first countdown of May 31, 2024, its ETA was adjusted and became -2 days into May 29, 2024.
https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
https://www.nicehash.com/countdown/BTC-halving-2024-05-10-12:00

It's a good accumulation period going on and I think no one should miss this chance of acquiring cheap bits. Cheesy
For those that have been in this market, I think maybe 3 years ago, and those that have seen the effect of halving in the past. We all knew what's in store for its effect and it's certainly a great time to acquire bitcoin as much as we can regardless of its current price.

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April 25, 2023, 10:12:42 AM
 #23

I know about Bitcoin mining since 2017 and I have come to understand that the halving can get closer or faster if the hashrate increases, assuming the 50% of Bitcoin mining hashrate is somehow removed from the present total hashrate, the next halving will take much longer, the reason why the date isn't accurate is because not all Bitcoin miners are loyal or stable? Some people mine coins 12 hours per day while some miners are always active, mining Bitcoin 24/7, the moment someone shut down their miner, the exact hashrate is turned off from the present max hashrate.

As you can see, this is why the exact halving date can't be accurate, the hashrate goes up and down as if it's a trading platform  Grin Grin Grin , if the next halving date is important to you then you can only set your target between April of 2024 to June of 2024, unless a massive Bitcoin mining farm decide to go out of business, it is not something to focus on right now, because right now accumulating Bitcoin is the most important.

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ImThour (OP)
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April 26, 2023, 02:24:23 PM
 #24

Hey,

I was wondering what's the most reliable Halving Countdown we have available for Bitcoin.
Here are some of the Halving Countdowns I found on Internet and their Prediction on when Bitcoin Halving will take place ->

1. BuyBitcoinWorldwide - 2 April, 2024
2. Binance Academy - 30 April, 2024
3. Gate.io - 3 May, 2024
4. CoinGecko - 4 May, 2024
5. BitcoinBlockHalf - 4 May, 2024
6. Nicehash  - 31 May, 2024
7. CoinmarketCap - 1 June, 2024
8. CoinWarz - 3 June, 2024

Who do you think is going to be the most accurate in terms of predicting halving date?  Roll Eyes

We know that no one can predict with 100% certainty when bitcoin halvening will happen and can only give estimate. Therefore, there is no most reliable countdown, all are just guesses and in the end one of them will probably be right.

It would be like asking 100 influencers what will be bitcoin price be at the certain date. No one can know for sure, but some will be more correct than others.

Yup, however, you can clearly see that we have an average of certain dates. That's how a moving average works for the price trading of Bitcoin or any asset.
We take the average and we are almost near it. I made this thread to see in the end when the Bitcoin Halving actually happens which of these will be correct.
That will be the most reliable at least for me out of these all which are listed in the thread. 1 more year to wait before we get the results Cheesy
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