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Author Topic: Halving effects, how long they will last?  (Read 912 times)
uneng
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May 08, 2023, 11:36:03 PM
 #61

I honestly have no high expectation in this regard, halving usually only massive around when the rumour spreads and then went downhill after that, there have been several of such similar case in which halving didn't have any effect but I guess the effect is going after certain time has passed that's when the market realized that there are fewer and fewer bitcoin mined.
That is not true. Of course there is always a massive hype after the halving followed by a correction in price which brings BTC to a bear market, but even with the bearish market after the bullish season the price is still pretty decent compared to previous cycles.

but honestly though just don't put too much high expectation in this event, there are many more other thing that might make the bitcoin rises even more like being invested heavily by large corporation.
but for the sake of not missing chance and opportunity just be ready to accumulate some of the bitcoin maybe things will be different this time around after all, what is not possible in cryptocurrency market in general.
The halving is one of the most important events along Bitcoin history and probably the one investors have most expectations of a positive impact over Bitcoin price. If you don't have great expectation regards this event, I really don't know what excites you the most about what can happen to Bitcoin futurely.

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May 08, 2023, 11:45:28 PM
 #62

In 2020 I remember it was quite lethargic post halvening, its really not obvious or deliberate effect at this point the alteration to block reward is only alongside other factors.    Biggest clue is take both components of the price as relevant to direction so BTC but also Dollar, we must look up DXY and its direction.   The ideal is DXY is weakening and comparing to 2020 that especially occur until July of that year, BTC did respond and outperform in July 2020 I remember much surprise into just the last couple weeks closing out the month.    That drifted back until autumn and then really took off,  my clue is something like that but also a pattern of the lowest prices rising consistently over months; that would reference 2017 also a large gain started small.

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May 09, 2023, 12:11:29 AM
 #63

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.
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May 09, 2023, 03:30:32 AM
 #64

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.
The state of the network which is currently filled with spam transactions so that the fees are rising very high, raises doubts that the halving will have an effect on the price of BTC which is common in several previous halvings, so it is true that you are saying that it is still too early to judge the state of the market after the halving later right now, because the network will improve and people will return to transacting normally, because if this continues it will slowly leave Bitcoin for a while and use other networks to transact.

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

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May 09, 2023, 04:47:15 AM
 #65

The halving will happen in about a year and usually there will be a big increase, but now the market is weakening again and the hope that the price of $ 35k can be reached before the 10th of may seems difficult to achieve, the most important thing is that the price can rise soon this year and at least be able to approach ATH what will happen in 2021 so that when the price halving can reach at least 2x the ATH in 2021.

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May 09, 2023, 03:28:01 PM
 #66

In 2020 I remember it was quite lethargic post halvening, its really not obvious or deliberate effect at this point the alteration to block reward is only alongside other factors.    Biggest clue is take both components of the price as relevant to direction so BTC but also Dollar, we must look up DXY and its direction.   The ideal is DXY is weakening and comparing to 2020 that especially occur until July of that year, BTC did respond and outperform in July 2020 I remember much surprise into just the last couple weeks closing out the month.    That drifted back until autumn and then really took off,  my clue is something like that but also a pattern of the lowest prices rising consistently over months; that would reference 2017 also a large gain started small.
Last halving happened on May and the positive effect started appearing on October. There was a gap of about 5 months, which is expected. That is why some predictions say even though next halving is going to happen in 2024, we may see a strong bull run only in 2025, because that is the time it takes until the halving impacts the market and investors' mindsets considerably.

Dollar index can boost the bull run in both directions, strengthening or weaking it, depending its currently status after the halving. Inflation rates in US can also influence Bitcoin's fluctuations.

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May 10, 2023, 02:17:20 AM
 #67

The Halving effect will certainly make a large price explosion, when the market is in a bear condition then when Halving occurs will make anyone immediately buy so that the demand increases, this has happened several times and we also have to prepare from now before the price becomes more expensive.
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May 10, 2023, 03:23:25 AM
 #68

-

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

I also believe the halving effect or the time it takes for bitcoin to reach a new ATH will be altered as things are getting too predictable, but we won't know when that will change. We can't do anything but believe in history until everything changes.

Cryptocurrency is still a market manipulated more than it is based on supply and demand, so things will be mixed up, and resetting the game will only be a matter of time. We should have more than one plan to prepare for the unexpected, rather than just having one plan and believing too much in the halving.

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May 10, 2023, 06:08:36 AM
 #69

The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.


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May 10, 2023, 08:13:14 PM
 #70

The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.
The increase on the price after the halving is not only produced by speculators trying to earn a profit, this happens because since the coins the miners can get out of each block as a reward get halved, now they have to increase the price at which they sell that bitcoin or they will sell at a loss, as such the supply of coins available at exchanges begin to go down due to the halving as well, creating the perfect combination for explosive growth to happen all at once, however it takes a little bit for those effects to be felt which is why the price does not skyrocket right after the halving and some months need to pass before the increase in the price actually happens.

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May 10, 2023, 09:55:25 PM
 #71

We can see from the logarithmic curve that we are experiencing diminishing returns. I think it will always have an effect but a lesser one over time. The only way to counter this theory is for bitcoin to pump well into the 6 figure number at some point next year, keeping an eye on the stock to flow model just in case
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May 10, 2023, 10:59:25 PM
 #72

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.
The state of the network which is currently filled with spam transactions so that the fees are rising very high, raises doubts that the halving will have an effect on the price of BTC which is common in several previous halvings, so it is true that you are saying that it is still too early to judge the state of the market after the halving later right now, because the network will improve and people will return to transacting normally, because if this continues it will slowly leave Bitcoin for a while and use other networks to transact.

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.
How much more on the time when bull run kicks in? For sure we would really be that experiencing the same thing. Speaking about halving effects then we arent just focused only on the fees on that time but rather we would be seeing on the possible bull run which we know the price will really be climbing up that high. How long it would last? No one really knows and no one even knows on when Bull run would kick in. This is why we should really be that versatile on whatever things that we might encounter along the way. We cant really be even more so sure if there would really be
some bull run to happen or none. This is why expect the unexpected as always yet there's no way on knowing on how the future would be looks like.
This is why its better to be prepared on whatever happens because bull run might kick in on late 2024 or Q1 or Q2 of 2025. No one really knows.
Just be sure that you would be taking up some profits on the time that it would be reaching out some new all time highs or something that you do prefer because each one of us does have
their own target on the making.

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May 10, 2023, 11:59:09 PM
 #73

-

However, slowly the halving effect may decrease because repeats will be easy for the market to take advantage of and big institutions or whale will take other steps that will be more profitable for them than retail.

I also believe the halving effect or the time it takes for bitcoin to reach a new ATH will be altered as things are getting too predictable, but we won't know when that will change. We can't do anything but believe in history until everything changes.

Cryptocurrency is still a market manipulated more than it is based on supply and demand, so things will be mixed up, and resetting the game will only be a matter of time. We should have more than one plan to prepare for the unexpected, rather than just having one plan and believing too much in the halving.
Having multiple plans is always a must with any form of investment, particularly with cryptocurrency it could bring the best. We can expect the market to be bullish around the days of halving, but it isn't assured. This can happen prior to the days or after the days of halving.

Market manipulation is part of the market, however this is done big with crypto market compared to the traditional market. With investment it is always good to plan for the worst, which assure with maintaining the portfolio in all worse situation of the market.

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May 11, 2023, 02:08:17 AM
 #74

Halving will reduce the supply in mining so that it makes it difficult for miners, this is what we can use to buy more because the possibility of profit is greater, halving has occurred several times and has been proven to be able to make high price increases.
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May 11, 2023, 04:53:49 AM
 #75

It’s too early to expect a bullish trend that emerges before the halving. The halving won’t take place until April 2024. And bulls will be rampant 6 months before that. We should hope for their activity from about November 2023.

Or it could be May as well, but regardless, it's an event that everyone is the bitcoin community is expecting. And yeah, it will be months before we can felt the bull run, it could be a month after the halving or 6 months, depending on the investors on how much money they are going and willing to pour that time.

And assuming it will happen, it will be 2024-2025 run and maybe at the end of 2025 we will see the bubble being burst again. Nevertheless, what we are talking here is how big the bubble will be? $100k minimum? we will see and for sure we are all excited about the incoming bull run next year.

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May 11, 2023, 08:02:04 PM
 #76

The halving will occur in June 2024, as usual when a halving occurs there will usually be a high price increase, many speculators take advantage of the halving moment to buy at the beginning and sell when they feel they are getting a big profit, just like now if we don't buy now then we will regret.
The 740,000th block is expected to be mined in April 2024, so that is when the halving will occur and not June 2024. The price will surely be affected since we have seen that happening in the past and one of the main reasons for that is the hype obviously alongside the block reward reduction which slightly reduces the increasing circulating supply.

People tend to buy a lot of Bitcoins right before the halving since they think the price will explode right after it and that is one of the reasons why it gets pretty strong by that time due to the buying pressure and it then goes up in price.

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May 12, 2023, 12:16:50 AM
 #77

Halving will reduce the supply in mining so that it makes it difficult for miners, this is what we can use to buy more because the possibility of profit is greater, halving has occurred several times and has been proven to be able to make high price increases.
doesn't mean it's difficult for miners but more of limiting further the coin mined and also could make the price of bitcoin becomes higher due to the fact that it also increase the feeling of scarcity of the coin.
I'd say it's always good to have coin that is deflationary, but sometimes the halving doesn't have as much effect on the price, usually when rumours appearing and resurfacing the coin will have some spike and rally but after that rarely nowadays I see that it could further pump the price, but what matters though, if this halving could somehow bring up bitcoin and start new bullrun then it will all be better.
after all we've had enough of bearish that I think we are no more in bearish market considering many altcoins are also having quite good price spike.

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May 12, 2023, 01:00:38 AM
 #78

We can see from the logarithmic curve that we are experiencing diminishing returns. I think it will always have an effect but a lesser one over time. The only way to counter this theory is for bitcoin to pump well into the 6 figure number at some point next year, keeping an eye on the stock to flow model just in case
I don't see what you mean about Bitcoin pumping to figure 6 either way. But if you look at the price chart that has occurred over the last two days, it is very clear that the recovery in the Bitcoin price is decreasing, which means it no longer looks significant, although I still think and hope that this will not last long for Bitcoin. Because I really want to see a pump in this month even if it's only a few percent to $30K again so the price recovery rate can look good again in Bitcoin.

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May 16, 2023, 09:31:10 AM
 #79

Every 4 years, we expect bull market just because of halving. What do you think when is this chain is going to broken? Ie, halving no longer equals that bull market is coming.
It takes one full year to peak and another one full year after that to make it go back down. I feel like that's the important thing we need to remember. We had 2016 halving, the peak at 2017, the down at 2018 and not only that we had 2020 halving, 2021 peak, and 2022 down after that as well.

It means 2024 will be halving, 2025 peak, and 2026 down as well. If that is the situation we are in by that time, I will be easily able to say that I told you so and not many people really listened to me. People should stop checking these and start listening to me because that is a good thing to follow, it is historically accurate. If you do not take any lesson from the past, then you are doomed to make the same mistakes over and over again. I personally keep buying, and will buy until 2025 without a doubt.
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May 16, 2023, 02:32:34 PM
 #80

Every 4 years, we expect bull market just because of halving. What do you think when is this chain is going to broken? Ie, halving no longer equals that bull market is coming.

You know for your information, only time will tell when it will happen to break. Because no one knows what you will ask for the future. But even so, the split will remain a significant part of Bitcoin's life cycle. And it will definitely have a big impact on the price of bitcoin in the coming future in my opinion. But it's possible that the split won't be enough to trigger the upcoming bull market.

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