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Author Topic: how many halvings have you witnessed?  (Read 504 times)
yazher
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October 13, 2023, 04:57:02 AM
 #21

Too many times and all of them are successful in terms of making the crypto market all green especially it will be the same reason to create another bull runs because of its trends and people will know it more and they will be interested to invest because it will be the best time to enter the crypto industry via investing in bitcoins. that's why we always have a new ATH after that because there are lots of people added to the list of new investors by that time.

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October 13, 2023, 05:28:19 AM
 #22

I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.

have seen 2 halving  happened in front of me  , but the sad part is that I am stupid to not accumulate enough Bitcoin before the Bullrun happens and that made me a loser or a crying man after each halving.
and I never learn my lesson from the 2017 that I made the same mistake in 2021 but now? this 2024? I will never let myself turns as a loser again.
Quote
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?
combination I believe , the Reduction of Miners reward and those ignorant that investing even when the price is continuously spiking up.
but also  there are some effect from other areas that does not mentioned .

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October 13, 2023, 05:30:33 AM
 #23

I have experienced 2 halving events first in 2016 and second was in 2020 and yeah these both halving gave bitcoin a really high boost in price after a few months after the halving. So, this is kind of like a trend for the bullrun for the people who have witnessed all three halvings.
However, you should still invest what you can afford to lose. Though a lot of us here are anticipating for another bullrun but it isn't guaranteed that it'll happen. There might be a huge possibility, but the price range of how huge or how small the pump is are not guaranteed as well.

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October 13, 2023, 05:31:36 AM
 #24

I have been experiencing it for many years and every year it is the same...... the hype starts a month or two before the actual event and it gets a lot of attention prior to the actual event, which means that the interest in Bitcoin increase and the price also going up.. before... the Halving occur.

This will only happen, if there are no other negative event that might cancel that affect on the price. There is also not a significant increase in the price.... so do not expect fireworks.  Roll Eyes

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October 13, 2023, 05:31:54 AM
 #25

Too bad I missed the previous bitcoin halving. Because I haven't invested in bitcoin before the previous bitcoin halving. But after yesterday's halving I was one of those who became familiar with and interested in Bitcoin. Because when the latest halving occurred, we know that crypto hype really controlled the media.

But even though I have never experienced a Bitcoin halving, I have seen market charts since the first Bitcoin halving. I compare it at every halving. And there is almost the same pattern. It's just that the interesting fact is that every time a Bitcoin halving occurs, a new ATH is always created afterwards. This is what is really interesting. And I also want to join for the next halving. Because I think the next halving will really be more interesting. Because it seems that even large institutions have started to enter and become interested in Bitcoin.
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October 13, 2023, 10:41:58 AM
 #26

I can see many people focusing their certainty on Bitcoin pump after the halving, I wasn't here in 2012 halving and that's the only halving period I missed in the past, I noticed that Bitcoin gain momentum some months later after the halving, so if you are thinking that Bitcoin will spike after the halving you are going to be disappointed, all I can say is bear market can be very hard, I believe 2024 will be the hardest part of the bear season where many people will give up.

I am simply emphasizing on what has happened before, and I believe it will happen again, maybe people will get tired of holding, and many will take their losses and move out of the market, the momentum always returns when people don't expect, and that's where big investors will start coming back into crypto, I missed making the biggest gains in 2021 I believe I never made enough and I won't let this change slide again.

If you are smart you will keep DCA into Bitcoin gradually, as we are now in a crossroads where we don't know which way Bitcoin will go next, instead of trying hard to know it's better to be prepared for anything, keep buying Bitcoin as time goes by is the best investment strategy.

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October 13, 2023, 12:53:15 PM
 #27

2024 will be my third & I expect it to be better than the last one which I believe was suppressed, interrupted, kept down or whatever by various things. FTX were selling customer bitcoin to suppress the price, COVID played a role & also China banning bitcoin right in the middle of the bull really screwed us. I think we missed the crazy, parabolic top but we will get it this time.

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October 13, 2023, 12:56:57 PM
 #28

I have only known Bitcoin and crypto since mid 2017, so I only have witnessed 1 Halving previously on 2020. From I notice, the previous halving have more hype than the current upcoming halving. Probably because there was only few big news happening nearly towards the halving date, while for the upcoming halving there are too many big news like wars, ETF, recession, .etc. So the hype for halving is distracted.

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October 13, 2023, 01:01:05 PM
 #29

I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?

I have been through all of them

2012 and new ath in 2013 about 1,200
2016 and new ath in 2017 about 19,500
2020 and new ath in 2021 about 69,500

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October 13, 2023, 01:27:06 PM
 #30

Like you, I have not been able to witness the halving till now. When I started learning about new bitcoin, I heard discussions about this bitcoin halving among my older brothers. But so far I have not been able to join that discussion.

How long does this Bitcoin halving actually come?
How does this change Bitcoin?

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October 13, 2023, 02:12:27 PM
 #31

The main reason for halving is to expand the market and disclose its detailed activities The fact that each time the price is increased means that the prize will never decrease, it will continue to increase Temporarily the reward appears to be decreasing, but actually the reward is not decreasing In fact it is acting as a strategy to add supply The demand in the market is constantly increasing, and the market is expanding a lot, so the Bitcoin market is growing rapidly day by a day, that is why the reward rate seems low in terms of price. I have not got a halving yet but from what I have heard or analyzed the data they are sure to increase in a price but first time I thought of investing.
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October 13, 2023, 02:13:37 PM
 #32

I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
~snip~

As if there have been 30 halvings so far and not just 3, so we can make some meaningful conclusions on the basis of which someone should be satisfied with the answer. What is evident is that the price of BTC increases less and less after each halving and therefore it would be realistic to expect that the next halving will not cause more than x3 compared to the last ATH ($69k).

Everything anyone writes is just guesswork and mere speculation, as anyone can hope for a positive outcome, there is always the possibility that history will not repeat itself.

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October 13, 2023, 02:17:49 PM
 #33

I have been through all of them

2012 and new ath in 2013 about 1,200
2016 and new ath in 2017 about 19,500
2020 and new ath in 2021 about 69,500
You have been through three halvings so what do you think about 2024 halving and future halvings after 2024?

There are 32 halving rounds and we can not live long enough to witness the 32nd halving but some more halvings are possible. I think in future, with future halvings, Bitcoin will have smaller effects for each halving because price can grow up with each halving but when Bitcoin market cap becomes big enough, it might be harder to increase more in price on the market. In future, Bitcoin will come to saturated time when halvings will have less price impact.

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October 13, 2023, 02:30:19 PM
 #34

I got to know Bitcoin in mid-2017, so I  missed that of 2016 halving. The 2020 Bitcoin halving was the very first time I experienced halving. I can tell you that the experience was great with the performance of Bitcoin and cryptocurrency then, where most of my portfolios did greatly after the halving, with the Federal Reserve printing 20% more money in existence as a catalyst to the bull run after the main event. No one no knows what this particular one would be like seeing the kind of event that has taken place lately, precisely the crumbling economies of the world as a result of the increasing inflation.

R


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October 13, 2023, 02:34:26 PM
 #35

I have been through all of them

2012 and new ath in 2013 about 1,200
2016 and new ath in 2017 about 19,500
2020 and new ath in 2021 about 69,500
You have been through three halvings so what do you think about 2024 halving and future halvings after 2024?

There are 32 halving rounds and we can not live long enough to witness the 32nd halving but some more halvings are possible. I think in future, with future halvings, Bitcoin will have smaller effects for each halving because price can grow up with each halving but when Bitcoin market cap becomes big enough, it might be harder to increase more in price on the market. In future, Bitcoin will come to saturated time when halvings will have less price impact.

Bitcoin Spiral


Well I am  playing like we will do above 69.5k.

Frankly even if we get over 60k I will do okay.

We greatly expanded the mine. But we have not spent all of our profits doing so.

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October 13, 2023, 08:37:07 PM
Merited by The Sceptical Chymist (3)
 #36

I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.

I haven’t witnessed any either since I joined the bitcoin community just two years ago. But all the books and research I have done about bitcoin, there is no place I have read or heard that the bitcoin halving was not followed by a bull run that marks a new all time high for bitcoin. This time around won’t be different from others even though the market hasn’t shown much bullish nature since the beginning of the year as compared to the times it has been bearish.

I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?

Reduction of reward by miners is not the only factor that causes the price of bitcoin to spike up after halving. This could be a major reason amongst them, but that is not enough to trigger a very strong bull run in the market. I think demand and supply, market cap and circulating bitcoin also have a role to play in this. Those entering the market at the wrong time thinking it to be the right time will one way make this bull market possible as there is correlation between buying of bitcoin and price increase in bitcoin. Many of this factors may trigger it but I think they’ve to come together all to have a massive bull run.

Frankly even if we get over 60k I will do okay.

Not so many people will be pleased to see it not exceed or reach the current ATH. Everyone believes it will go higher than the current ATH, what made you think it won’t exceed that price level and you’ll be okay with it?

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October 13, 2023, 11:07:41 PM
 #37

Keep your expectations in check, because past performance is not indicative of future results. If you're just betting on a bull market after the halving, what will you do if you ended up being wrong? Your investment/trade thesis immediately crumbles.
I've been here during the past two halvings, experiencing both bull runs and their crashes afterwards. Although statistics state that Bitcoin is probable to thrive some period after the halving is completed, there seems to be a correlation between halvings and their price, but it's still not enough to indicate that it's going to happen. Three previous halvings aren't enough samples to make such a statement; thus, it's best to set lower expectations to avoid falling short. Personally, due to the awful economic situation, I'm not too confident about the halving and a potential bull market coming after the cycle is finished. This complete chaos isn't very promising.

R


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October 13, 2023, 11:25:30 PM
 #38

Haven’t been around for just over 3years and have been active on the forum for barely 2, I haven’t really witnessed a halving for sure, nope. Yeah, I’ve been around for the halving but, wasn’t actively involved in cryptos or knew what it meant but, I’m sure to witness that of 2024 and hope to see the goods it would come with.
Can’t say I’m not optimistic about it and the possibility of a bullrun and it would be great to see some profits on the little I’ve starched away. Still trying to accumulate as much as possible though. It would mean another line of experience for me and depending on how it plays out, history would be strengthened in the space.

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October 13, 2023, 11:30:35 PM
 #39

So far I’ve been in all the halving events besides the 2012. I wasn’t able to get into the induatry at least until 2016 when the first halving happened. It was cool and everyone was going bonkers for bitcoin back then as it was the first time that it broke well into the 20k mark. Looking forward to jiving into the next hlaving that’s coming next year and possibly the rest until I die. Bitocin’s just that cool when you wrap your head around it and while I initially had doubts over its longevity, it would seem as though these doubts will fade away with each halving passing by. Anywho, hope to see you when the halving comes bext year my friend.
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October 13, 2023, 11:58:19 PM
 #40

I am yet to witness any halving and the purported bull run that accompanies it. This is the reason for this topic. I want to ask people that have witnessed many halvings if there has been a halving that was not accompanied by a bull run.
I also want to know if the majority of people always know that there is a bull run after every halving as in the case of this period. I am of the opinion that the reason the halving bull run is always effective is because of the ignorance of many who will join the bitcoin market at the very wrong time. Now that many people are aware of the upcoming halving and may likely not enter the market the wrong time, whose ignorance will push the price up. Or is the reduction of miners reward able to do it alone?

The bitcoin had posses many halves and many people get good benefit from each halves.The important factor is the bitcoin investors should ready to hold for the longer period.The previous halves was happened during the Covid time,So it help the many bitcoin holders to get the cash out with the reasonable money for the emergency time.As like the other savings,the bitcoin holding also help the bitcoin traders at the pandemic time.So the upcoming halves was expected one to the upcoming year.Many people holding their bitcoin for the next halves in 2024.

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