Will bitcoin experience a more price increase during the halving?

[mindrust]

and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?

That's what happened in the past and probably will happen again in the future. If it doesn't, the newcomers will get rekt by the low prices. Lots of people had their bitcoins when its price was above $40k and even $50k. Unless bitcoin does another big bull run and goes near $100k, these people won't be happy with their investments.

Personally I don't care about the price of bitcoin at all. What really matters is the network and it works pretty good. The NFT stuff ruined a little bit but despite that, btc is still the #1 crypto out there.

[Minhxx]

As far as I know the organizations that apply for the sec involved in bitcoin are the sec institutions that can manage. The price of bitcoin does not change significantly when there are FUDs involved in the exchange, which is good news. I believe that in the future with the uncreated rarity of bitcoin the value will increase rapidly.

[hugeblack]

The SEC is afraid of Binance and Coinbase, or vice versa. These entities are regulatory and seek to implement legislative rules in the United States. Non-compliance by Binance and Coinbase will lead them to legal problems and financial penalties, not the other way around.
We can argue about their impact on the price, but since they are not decisions that lead to the closure of both platforms, therefore, it did not appear to have a negative impact on the price.

I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

After 616 days of registering here and you still describe yourself as a beginner, this is a big problem, even in university studies you cannot say that you are a beginner.

[bayudndy]

I understand the news issue to legitimize the price line for bigger news, we can all feel over time in the future we will accept more and more bitcoin or crypto. Regarding the controversy between the SEC and the big names in the crypto market, I also thought about why at that time, and I thought about the issue mentioned about price manipulation, but the manipulation. The price manipulation in this market can be said shady and sometimes it's hard for people to be too concerned because bitcoin will move forward anyway, I've heard a lot about future bull cycles, and the The btc halving event will really create a big move in the market.

[fuguebtc]

Personally I don't care about the price of bitcoin at all. What really matters is the network and it works pretty good. The NFT stuff ruined a little bit but despite that, btc is still the #1 crypto out there.

Why don't you care about Bitcoin price? So what made you join and hold bitcoin until now? You are the first person I met who doesn't care about bitcoin price because 99% of people invest in bitcoin for profit. Although there are still some people who see bitcoin as a currency, they still have to care about the price of bitcoin because a drop in the price of bitcoin will also cause them to spend more bitcoins than usual. And you can also easily see that 100% of the bitcoin discussions here are also related to the price.

[kaseygriffin]

Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

I agree with the point that they have their own arguments, the tension from the SEC's perspective on coinbase and binance is not a serious issue compared to the journey this market will take in the future, sometimes I feel like we're doing our own thing through the story and it's almost as if we all understand what's causing the price to move, and then what, isn't bitcoin going to continue to rise in value over time? the times, the difficult current environment, the stories of repression in different sectors, or the consensus in favor of the market that I've seen have resulted in volatility, but in general, the fact that individuals invest profitably in each market, this issue is still not too important to pay attention to when we have a clear goal with it.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
...

There are things that I still see when appearing in every bull or bull cycle, we always find enough reasons to promote or inhibit the development of the market, I completely believe that the event the halving will bring a new bull cycle to the whole market, it's not the first time I've seen people mention it lately but there's clearly a trend in the news heading much to it.

[michellee]

Many of us believe that the price of Bitcoin will increase higher than the last ATH and it was already a few years ago when ATH was coming. Maybe institutions have been getting into Bitcoin since a few years ago and we are not aware of it so they can buy a lot of Bitcoin at very low prices. If so, at the last ATH yesterday, they already made a huge profit, so now they are just waiting for the price to get a reversal to a higher price.

Institutions don't seem to be afraid of what's happening in the market because they can use the opportunity to buy more Bitcoin, especially if the price could fall deeper than the current price. Those institutions are still waiting patiently to buy Bitcoin again because their target is long term.

That's just my speculation because I also don't know what institutions have bought or have a lot of Bitcoin. But what is clear is if the Bitcoin price can explode before or after the halving, we can get big profits like those obtained by these institutions. So don't miss buying Bitcoin while the price hasn't increased very high.

[SOKO-DEKE]

I believe that the rate of adoption has a significant impact on Bitcoin's price. Since there is a limited amount of Bitcoin, I think the price will rise as more people use and invest in it. Therefore, the price of Bitcoin will rise in direct proportion to the level of demand. But based on the history of Bitcoin, every time Bitcoin experience halving, the price of the Bitcoin always significantly changed.The price of Bitcoin should therefore experience more increase during halving as expected.

[Sanitough]

The explanation you've made is right. It's simple as that, the more Bitcoin being held by individuals together with the institutions. That means that there's lesser in the circulation and that makes bitcoin more scarce. I do remember IIRC last bull run, there's even the limitation on how much everyone can buy Bitcoin off exchanges. And that's possible to happen again when the demand has increased, the law of supply and demand has always been applied on this market.

Exactly. Most likely, when bitcoin halving comes near, people prepare to buy more bitcoin and accumulate a lot of it to fill in their portfolio, and that includes having the institutions around that ultimately support and adopted bitcoin. Hence, bitcoin investment will be very prominent leaving them more scarce which means increases the price of every bitcoin. With that, as demand becomes higher, the supply becomes limited, which makes bitcoin more costly and expensive to buy.

[panganib999]

When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

Bitcoin's total circulating supply and block rewards are getting cut in half and you're asking if the value of bitcoin will increase in value when it happens? Like literally you should go get an economics book or something cause unless bitcoin drops to zero before the halving, there's no reason for it to remain in a 30k valuation in 2024. Like literally even without the people buying into it or a bull run just the fact that the total supply of bitcoin's gonna be less is more than enough to drive the price of a bitcoin higher.

Don't worry bout any institution bullshit, they are way over in their head themselves and bitcoin's not about to confide itself with any particular institution, at least it doesn't need to.

[tjtonmoy]

Binance and Coinbase were sued by the SEC regarding some ATL coins. It was never about Bitcoin. Bitcoin does not fall into the category of security that the SEC has sued for. They have confirmed on their own that Bitcoin was never part of the concern. So it may have a bad effect on the market because 2 of the most reputable CEX were sued. But people understood that they can trust Bitcoin more than all the other shit coins. For this reason, people turned to Bitcoin rather than putting their effort into those shitcoins. That's why the market is moving up rather than going down.
There's a reason for that too. The whole crypto market moves based on sentiments. If Bitcoin's price pumps, others will follow as well. And upcoming halving is playing its role here too. History tells us that, every Bitcoin halving will push the market price. History repeats itself. So before that, we may see more pumps. So that could be the reason.

[The Cryptovator]

Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.

[Faisal2202]

I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

You do not have to beg for knowledge here because that's what this forum made for. And if you still have go beg then the purpose of this forum will vanished. You just have to ask it and wait for the answers.

My answers are, When the US authorities sued Binance and Coinbase, the time was around 1-5 June of 2023 and when the institutions like Block Rock and others applied for ETFs then the time was around 14-15 June 2023. As you know the first institute was Block Rock and after it, other organizations started to applied.

Purpose of mentioning the dates is, US wanted to eliminate the competition from US region that's why they eradicate the existence of Most famous exchanges from their territory and after the next week they started to promote and adopt crypto as well which has led many organizations to adopt it too. Just like Block Rock did. Even the US has announced their own Exchange which is yet to come.

And for your second query about pump and scarcity, you are totally right and that's why the price of BTC had increased due to high demand and less supply. As when the adoption of Crypto is being supported in US then the demand increased and due to the scarcity factor of BTC, the price of it also increased.

[Yatsan]

Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.

Belief originated simply because of what happened before but in fact, there's no assurance of things. We cannot be certain that the price would increase once halving occurs. One instance is with ETH Fork. Well, two are different things but these two are comparable for having large network. But thing here is that, things may still go the other way around, as expected. This is simply because of nature of market price volatility. But since there is a dominant belief that its price would increase, then the tendency for such thing to happen would be higher. But for sure it won't be a date near halving; either late or early.

[OgNasty]

Individuals familiar with Bitcoin widely believe that its price will increase significantly during halving events. This collective assumption drives the upward momentum of Bitcoin. People fear missing out on the potential uptrend and therefore contribute to the price increase by continuously buying Bitcoin. Consequently, the positive sentiment surrounding Bitcoin halving plays a crucial role in fueling its upward movement. Moreover, if positive news coincides with the halving period, it can further intensify the price surge, resulting in a substantial increase in Bitcoin's value.

Belief originated simply because of what happened before but in fact, there's no assurance of things. We cannot be certain that the price would increase once halving occurs. One instance is with ETH Fork. Well, two are different things but these two are comparable for having large network. But thing here is that, things may still go the other way around, as expected. This is simply because of nature of market price volatility. But since there is a dominant belief that its price would increase, then the tendency for such thing to happen would be higher. But for sure it won't be a date near halving; either late or early.

As they say, history may not repeat, but it sure does rhyme.  As I've stated several times before...  I think we're going to see the exact same thing that we've seen in multiple previous cycles now.  Traders will run up the price to the halving in anticipation of the event, then we will see a "buy the rumor, sell the news" situation where traders take profits sending the price downward immediately after the halving.  Then once a new bottom is found the market rallies like hell for 18 months with a blow off top.  Sure, things like FTX fraud could alter that course a little, but the destination from here will look the same.

[Smartvirus]

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?

Bitcoin can have demand grow against supply which increases at a fixed rate but we will not have scarcity in Bitcoin where there is not enough to meet up with the demand. Institutional investors will not be able to take away majorrt of Bitcoin from circulation.

I don’t really follow through when you say demand growing against supply happens in a fixed rate. Can you add more details to it?

My ideas leaves me with the impression that these could only happen differently and at an unprecedented rate since, there isn’t a fixed time for any of the activities to happen in the market and you don’t have same turn out of investors or traders on the market at a particular period.

This makes me a bit hesitant or perhaps I don’t understand when you say, the “demand grows against supply at a fixed rate”.

[suzanne5223]

When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?

I believe the institution is the other way around when they ought to be afraid because the US SEC lawsuit about Coinbase, Kraken, and Binance was a political game played to cause FUD in the market so that some institutions can come in. Mind you, they have access to the first information ahead of us and I believe they are already aware of the BlackRock and Fidelity investment group's move toward Bitcoin ETF.

institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

I think that's exactly what they wanted to do but in other, for them to maximize their chances they want to cause panic in the market, the IMF have advised them and the government not to ban crypto cause it's impossible that they should regulate the market instead.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

With or without the institution, the pump will happen based on the structure Satoshi used to create Bitcoin. It is just that the market traffic will be high if institutional investors enter the market.

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?

Bitcoin halving is to reduce the miner's reward and it technically makes BTC to be scared in the market. The institutional investors won't be the reason for the scare of BTC. Their existence in the market will create increase in demand of BTC.

[Distinctin]

When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

Yes. History proves it and it keeps repeating every after 4 years. That’s why when bitcoin halving is fast approaching, experienced investors will make it sure to prepare everything before halving, that is acquiring maximum amount of bitcoin at its cheapest price, knowing when halving comes, the market will eventually become bullish as expected. So if it happened from the last halving, so might as well the same scenario will take place with this upcoming bitcoin halving. Also, big institutions have been investing and promoting bitcoin so far, so that when halving finally takes place, everything will paid off, hence reaping their massive profits will always be possible. Once bitcoin supply will start to be scarce, the price will gradually increase until it eventually reaches at its peak.

[serjent05]

So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?


I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

Bitcoin maximum coins are still the same regardless of how many institutions jump in the industry but the ever increasing of Bitcoin demand will out perform the incoming supply of Bitcoin creating a more scarce image of the coin. 

It is obvious that if the scarce image of Bitcoin is created by the sudden inflow of demand, the price will definitely increase.

The lost Bitcoin and the idle ones won't help the price surge if the demand keep on losing since we all know the one that will push the price of Bitcoin is not because of its mining supply  getting less but because of the demand and money being injected to the market.

[hatshepsut93]

When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?

Why should they be afraid? Bitcoin is not illegal. All companies get sued all the time, it's not a problem for them. Worst case scenario they'll have to pay a fine.

And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?

There's no reason to have a huge pump because someone applied for an ETF. Even if they will be successful, it wouldn't be a good reason to see a huge price increase.

And historically, institutional pump is more of a hype and media narrative, rather than a real driving force. If you look at the previous bull market, only Microstrategy and Tesla made significant investments, and a few companies merely stated that they plan to adopt Bitcoin, but it was enough to create hype that institutions are adopting Bitcoin, even though it was just a few companies, and Tesla later dumped it.