Count down to Bitcoin halving.

[Helena Yu]

Everyone knows halving will influence Bitcoin price to rise, so there's nothing should be discussed anymore.

With bitcoin halving, we should all have cash ready to use and should be prepared to lose it.

Both Bitcoin and fiat are same, it's a currency. So if you sell your fiat for Bitcoin, you're not lose anything since you sell fiat and get fiat. It's a lose if you donate, scammed, hacked or other thing caused by human mistakes.

[KiaKia]

For everyone that compares the last halving cycle with the next can be wrong this time, I am not betting on this though but it's really something, last halving cycle we don't have ETF approval knocking this hard on the door, also the supply of Bitcoin is far more lower now compare to back then, things might not work out in the same way as 2020 this time.

For me, Bitcoin value don't always rise before the halving is complete and even after it's completed it doesn't surge right away, it takes some months after before price starts appreciating, but this time things can be different, Bitcoin can keep pushing even when the halving is close and also after the halving is completed.

[terrific]

139 days left.
We've only got 365(1/2) days a year and I'm not good with numbers but this makes me think that we're still quite far to end a year but then it's easier to count with months since it's just a few months away.
Needless to say, everyone is happy now because it seems that the impact pre-halving goes to the altcoins market.

[Rabata]

We know previous 3 halvings of Bitcoin and each halving greatly affected the price of Bitcoin. The upcoming 2024 halving will also see a big change in price as we know that miners will have their block reward halved. After the first bitcoin launch in 2009, miners received 50 bitcoins as a block reward per block.

As the block reward is halved every 4 years, miners get 25 after that 12.5 and then 6.25 respectively in the 3 halvings. Block reward will be changed to 3.12 in the upcoming halving. As the block reward halves, the supply of new bitcoins to the market will gradually decrease and the price of bitcoins will continue to rise. Investors are getting more curious and making it very easy for Bitcoin prices to surpass previous all-time high.

[Kelward]

If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market. Of course, the influence of the halving is no longer very significant on price increases. And only mass adoption and use in the real world can influence prices because the more bitcoins are bought or used, the more demand there will be.


I'm sure this time Bitcoin's halving will still be able to print ATH.

Your analysis is a new angle to look at the coming halving next year, since almost all the bitcoin have been minted then we'll likely not see the impact of ATH. But from the excitement about the halving, I believe that even if the halving does not reach it's full potential, the anticipation of it can still make us to see a new height of ATH, because I believe that the crypto market has structured itself to hit massive bull run after every halving. Although this will be my first halving experience since i got involved in bitcoin, I'm eagerly looking forward to how the event of halving will trigger the ATH. Despite bitcoin, not been 100% predictable, due to it's volatility, I'm still hopeful that we'll have a massive bull run, because the indicators are there, we're expecting the much talked about ETF, I'm positive that if it happens, then it'll aid the bull run, because demand for bitcoin will increase.

[2girls]

We know previous 3 halvings of Bitcoin and each halving greatly affected the price of Bitcoin. The upcoming 2024 halving will also see a big change in price as we know that miners will have their block reward halved. After the first bitcoin launch in 2009, miners received 50 bitcoins as a block reward per block.

As the block reward is halved every 4 years, miners get 25 after that 12.5 and then 6.25 respectively in the 3 halvings. Block reward will be changed to 3.12 in the upcoming halving. As the block reward halves, the supply of new bitcoins to the market will gradually decrease and the price of bitcoins will continue to rise. Investors are getting more curious and making it very easy for Bitcoin prices to surpass previous all-time high.

That will mostly depend on the price of the bitcoin at that place that we can see what will be the price of the bitcoin when someone have already in their portfolio. If it goes somehow high then there will be too much volatility that how can the users will manage it.

Also another situation is that the price of bitcoin near the halving will be too high to obtain. That's why mostly users are saying to buy the Bitcoin before the price has been raised and before the next halving.

[AnonBitCoiner]

Everyone is gathering bitcoin in different amount because they know well that halving is coming so if we want to reap reward then we should buy as more as we can afford. Count down is started but I think Bull season is entered now because the price touched 44k$ which is a higher price as we compared the current price with precious one.

We are unable to predict the accurate date and day on which halving will come about but it is sure that halving is going to be happen in 2024. People having bitcoin and other beneficial coins in their wallet will be in profit but all other who missed this opportunity will regret until next halving appears. Coming halving will be productive and more valuable than all terminated halving.

[lombok]

If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market. Of course, the influence of the halving is no longer very significant on price increases. And only mass adoption and use in the real world can influence prices because the more bitcoins are bought or used, the more demand there will be.


I'm sure this time Bitcoin's halving will still be able to print ATH.

Your analysis is a new angle to look at the coming halving next year, since almost all the bitcoin have been minted then we'll likely not see the impact of ATH. But from the excitement about the halving, I believe that even if the halving does not reach it's full potential, the anticipation of it can still make us to see a new height of ATH, because I believe that the crypto market has structured itself to hit massive bull run after every halving. Although this will be my first halving experience since i got involved in bitcoin, I'm eagerly looking forward to how the event of halving will trigger the ATH. Despite bitcoin, not been 100% predictable, due to it's volatility, I'm still hopeful that we'll have a massive bull run, because the indicators are there, we're expecting the much talked about ETF, I'm positive that if it happens, then it'll aid the bull run, because demand for bitcoin will increase.

The charm of halving will remain eternal in Bitcoin, but the influence on price increases will experience differences from the first halving onwards. We can observe this if we observe the graph of Bitcoin's price increase after the halving, there is a decrease in the percentage increase in price, but Bitcoin is able to print a new ATH with each increase. The saturation point will also have an effect over time, triggering a stable response when a price halving occurs, this applies to every chart.

Maybe it's a big event or milestone like an ETF, a network upgrade to make it better, mass adoption or other factors besides halving that can move prices. I just think it's more different to look for an angle in looking at Bitcoin prices from several influences.

[tygeade]

As the count down to Bitcoin halving continues I feel I should put it up here for all to see and take every necessary and relevant steps to fill their bags as time permits. As we all know when ever Bitcoin halving is around the corner, there is always a surge in Bitcoin price from its current price to a higher one. As it stands now, we all know that the Bitcoin market is heading for a bull because of lately, there have been increase in Bitcoin price which has been long expected by the Crypto community.

Hopefully, this forth coming halving would trigger a new all time high as the case maybe and as such the market is still early to enter. While doing this, use funds you can afford to lose as no one can predict the direction of the market.

It would also be nice to keep track of the halving count down and activities and to do that, the link below can help you out by taking you to the coin market cap page where it is visible to see.

We are doing great at the moment while we are getting closer and that's the important part, we could have get closer and that could have resulted with a bad situation but that did not happen and we are dealing with something that's getting better and higher. So, the issue is right now that if we can keep it up like this, if we can keep going high, or just stay 40k+ during the next few months during this period then we could feel like it's going to be doing a lot better.

This could be something that may benefit everyone, that could be something that would be quite troublesome if we ended up going down, this is why we need to try to do better and just keep the price higher for as long as we could possibly do that if we can.

[Bananington]

As the count down to Bitcoin halving continues I feel I should put it up here for all to see and take every necessary and relevant steps to fill their bags as time permits. As we all know when ever Bitcoin halving is around the corner, there is always a surge in Bitcoin price from its current price to a higher one. As it stands now, we all know that the Bitcoin market is heading for a bull because of lately, there have been increase in Bitcoin price which has been long expected by the Crypto community.

Hopefully, this forth coming halving would trigger a new all time high as the case maybe and as such the market is still early to enter. While doing this, use funds you can afford to lose as no one can predict the direction of the market.

It would also be nice to keep track of the halving count down and activities and to do that, the link below can help you out by taking you to the coin market cap page where it is visible to see.

We are doing great at the moment while we are getting closer and that's the important part, we could have get closer and that could have resulted with a bad situation but that did not happen and we are dealing with something that's getting better and higher. So, the issue is right now that if we can keep it up like this, if we can keep going high, or just stay 40k+ during the next few months during this period then we could feel like it's going to be doing a lot better.

This could be something that may benefit everyone, that could be something that would be quite troublesome if we ended up going down, this is why we need to try to do better and just keep the price higher for as long as we could possibly do that if we can.

With current predictions, it is likely BTC has yet to reach its estimated ATH. No doubt $40k will be achieved, but this still is in prospects.
Buy the dip and HoDL, is the advice that's to be very well considered mostly as we are nearing the time of halving.
Am anticipating this event and hope to see how positively I would earn from the halving. I expect everyone to do Same and keep their keypad and notes nearby to take down a few pointers that would be very helpful later on.

[Ale88]

If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market.

I agree with you. This could be the last relevant halving, after that we will have almost the full amount of bitcoin in circulation and the rewards will be quite low. Theoretically all this should happen because bitcoin's price will be much higher than today's value. I think that the price will increase mainly because there will be more people interested in buying bitcoin. Of course the halving will have some importance but again, as I said before, that influence won't be as noticeable as in the past.

[jeraldskie11]

The exact time for Bitcoin halving could differ from one site to another. However, the difference is small. The most essential thing here is to get ready for the big event. Don't just sit back and watch it happen as if you don't care because it's important since it only happens once every four years. Some people might accumulate Bitcoin while others wait for the halving to occur before investing; whatever they do, the most important thing is that they are prepared for it and not letting it happen without doing anything about it.

[Yatsan]

If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market.

I agree with you. This could be the last relevant halving, after that we will have almost the full amount of bitcoin in circulation and the rewards will be quite low. Theoretically all this should happen because bitcoin's price will be much higher than today's value. I think that the price will increase mainly because there will be more people interested in buying bitcoin. Of course the halving will have some importance but again, as I said before, that influence won't be as noticeable as in the past.

I think it would be bigger this time. We saw how big the impact was with the previous one, which left an impression to people of this day. There's a bigger possibility for a bigger pump given how big is the difference with hype, now that more companies and people are acknowleding this industry's potential unlike before wherein most of the things are covered with doubt. However, it won't happen in an instant 'coz it would still accummulate enough interest if it is just with its market price. Some of us are just falling from our own assumptions. Demand is simply higher right now as well as volume which are enough factors to tell the possible outcome of this upcoming halving.

[RockBell]

We know previous 3 halvings of Bitcoin and each halving greatly affected the price of Bitcoin. The upcoming 2024 halving will also see a big change in price as we know that miners will have their block reward halved. After the first bitcoin launch in 2009, miners received 50 bitcoins as a block reward per block.

As the block reward is halved every 4 years, miners get 25 after that 12.5 and then 6.25 respectively in the 3 halvings. Block reward will be changed to 3.12 in the upcoming halving. As the block reward halves, the supply of new bitcoins to the market will gradually decrease and the price of bitcoins will continue to rise. Investors are getting more curious and making it very easy for Bitcoin prices to surpass previous all-time high.

Many have been waiting for a long time, and the level of anticipation is high because many have been holding and are simply waiting for the green candles to recover the money they have lost from the market. As everyone is aware, historically, Bitcoin has had a culture of halving during this event, though there will always be a hike in price both before and following the event there is usually a record-breaking spike. and you know one thing I love about Bitcoin is the analysis the predictions and the analysis just for the interest of the market,  once the reward is halved then that is what brought about halving, and once the supply of new bitcoins reduces and the prices increase then people will be getting more interested because everyone wants to benefit when they can, so then there will be an increase in demand and then more boost in the market.

[Fundamentals Of]

-snip-

Without a doubt the possible approval of a bitcoin ETF is stealing the spotlight to the upcoming halving, but this is not bad news at all, in fact this is great, as if an ETF was indeed approved during the next year and you added the halving on top of it, the growth that we will see will be many times higher than what we could see independently from both of those news.

So all what is left is to wait until this happens, however if for some reason it did not happened then a correction is to be expected, as keeping the current levels seems impossible to me without that hype.

I'm not saying it's bad news. That's good news. Well, it may be bad from a certain perspective because this is the entry of the fiat guys into Bitcoin and they might change the rules of the game with all their powers and influence, but since we're in the context of price speculation here, this is definitely a good thing. $100,000 is now a much easier target with traditional funds eagerly waiting for the green light. A Bitcoin spot ETF approval is that light. It could be granted anytime prior to the halving. With these two factors, 2024 is a very bullish year for Bitcoin.

[lombok]

If you look at previous history, halving and its influence on Bitcoin price spikes are indeed true. However, this also cannot be the next benchmark. Why do I say that, because the current supply of bitcoin is already and is almost approaching 21 million, maybe there are only 2.5 million left for all the bitcoin supply to be on the market.

I agree with you. This could be the last relevant halving, after that we will have almost the full amount of bitcoin in circulation and the rewards will be quite low. Theoretically all this should happen because bitcoin's price will be much higher than today's value. I think that the price will increase mainly because there will be more people interested in buying bitcoin. Of course the halving will have some importance but again, as I said before, that influence won't be as noticeable as in the past.

I think it would be bigger this time. We saw how big the impact was with the previous one, which left an impression to people of this day. There's a bigger possibility for a bigger pump given how big is the difference with hype, now that more companies and people are acknowleding this industry's potential unlike before wherein most of the things are covered with doubt. However, it won't happen in an instant 'coz it would still accummulate enough interest if it is just with its market price. Some of us are just falling from our own assumptions. Demand is simply higher right now as well as volume which are enough factors to tell the possible outcome of this upcoming halving.

I cannot deny, it is also a fact that Bitcoin's popularity continues to soar, and national governments are starting to take positive action. The impact will clearly result in a surge in volume if this continues to run smoothly, and make the bitcoin market more mature.

[hd49728]

I'm not saying it's bad news. That's good news. Well, it may be bad from a certain perspective because this is the entry of the fiat guys into Bitcoin and they might change the rules of the game with all their powers and influence, but since we're in the context of price speculation here, this is definitely a good thing. $100,000 is now a much easier target with traditional funds eagerly waiting for the green light. A Bitcoin spot ETF approval is that light. It could be granted anytime prior to the halving. With these two factors, 2024 is a very bullish year for Bitcoin.

I think the market is over heating with news about Bitcoin Spot ETFs in the USA. It is not a first year, companies submit their applications for Bitcoin Spot ETFs. It has been happening in the last 10 years that is a long time of waiting.

In previous years, with previous applications, SEC. simply announced that they refused those applications without giving any reason and without any direct talk with those companies. This year, we are witnessing something different with more friendly answers and communication from SEC with those companies. It sheds kind of positive lights that SEC. will make approvals for Bitcoin Spot ETFs in USA. soon.

Though I am positive about that chance, I am still neutral that Bitcoin will have its bull run after the halving even SEC. won't approve any Bitcoin Spot ETF application.

[kentrolla]

People should have already stacked up by now because it's kind of FOMO which is being spread and there are still two possibilities one Bitcoin will continue increasing without any health which may touch new ATH before the halving itself and the other possibility is that Bitcoin goes through correction phase and that would be the time to accumulate it for bull run which happens post halving. But if you are in for longer run and don't have time to monitor the market then you may enter anytime but it would be wise to check the market sentiments and take a call accordingly as we should be taking decisions based on FOMO or FUD.

[Poker Player]

I think it would be bigger this time. We saw how big the impact was with the previous one, which left an impression to people of this day.

Do you even follow Bitcoin price at all? The previous halving had the smallest impact of all the halvings so far, which should not be surprising since there are fewer Bitcoins left to be mined as the halving goes on. The "impact" was that price forecasts turned out to be grossly overestimated, and we will have to see what happens this next cycle to get a realistic idea of what we can expect in the following ones.

[Mpamaegbu]

People should have already stacked up by now..

That's what's going to make it bewildering. I won't be shocked of the many in this forum reading all the gamuts of topics on this Bitcoin halving but who are going to miss out on this bull run. People usually take for granted information given out to them for free. You know that feeling of nothing good comes cheap, right? The naysayers and watchers will think this is another passing comment not to be taken seriously.

But if you are in for longer run and don't have time to monitor the market then you may enter anytime but it would be wise to check the market sentiments and take a call accordingly as we should be taking decisions based on FOMO or FUD.

Yes, that should be the attitude. No one here has any excuse of not hodling for the run. At a time like this it's good to get Bitcoin and leave it through 2024 to 2025. Those who are going to scalp the market are not likely to be as profitable as those who will hodl for long.