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Author Topic: A Beginner's Guide to the Bitcoin Halving Event  (Read 238 times)
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January 30, 2024, 07:10:19 PM
 #1

Are you curious about Bitcoin and want to understand one of its key events? Our latest video is a must-watch for beginners eager to unravel the mysteries of the Bitcoin Halving!

What's Inside:
  • Clear explanation of the Bitcoin Halving
  • How it impacts the cryptocurrency market
  • Insights into why it's crucial for every crypto enthusiast

Perfect for Beginners:
No complicated jargon! We break down the concepts to make it easy for newcomers to the crypto world. Whether you're a future hodler or just getting started, this video is for you.

Watch the Video Here: https://www.youtube.com/watch?v=9VwXKCH3vw4

Join the Discussion:
Got questions? Drop them in the comments! Our community is here to help each other understand and navigate the exciting world of cryptocurrency.

Start Your Crypto Journey:
This video is your gateway to understanding one of Bitcoin's fundamental aspects. Don't miss out! Hit that play button and embark on your crypto adventure.
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January 30, 2024, 07:46:49 PM
 #2

I thought the video would be animated or will have graphics that would explain each and everything with pictures, but you guys just put a single image of the countdown there and read each and everything that we can read from any other article present on the website. How this video is so unique for the newbies, You guys don't even add subtitles. No hard feelings, just trying to give my review about your video.

You guys should add subtitles, or some graphics too, to make it unique and memorable, so that even younger ones would also remember what they are seeing, listening to only voice is so boring, I hope you would understand. Besides this, you are doing good and keep it up.

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January 30, 2024, 11:07:25 PM
 #3

The video is quite helpful for beginners. There is a little suggestion, try adding subtitles to your video, and try not to explain it with animation, you can display it like a professional

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January 31, 2024, 07:19:52 AM
Last edit: February 13, 2024, 12:35:11 AM by odolvlobo
 #4

The video repeats a common misconception. Contrary to what the video says, the halving does not reduce the supply. The supply is always increasing every block until it reaches 21 million.

Also, to say that each halving has triggered a significant increase in the price is another common misconception based on nothing more that cherry-picking the data. Not only are the increases that people like to point to happenning 1 to 2 years after the halving, but all of the other significant price increases that don't correspond to the halvings are conveniently ignored.

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January 31, 2024, 07:29:07 AM
 #5

The video is quite helpful for beginners. There is a little suggestion, try adding subtitles to your video, and try not to explain it with animation, you can display it like a professional
I think the animation is a nice touch, makes it appealing to more people including children and a lot of people are visual learners anyway so it's a good thing right? I do agree on the subtitles though and it can be a nice touch if OP gets more than just English for the subtitles.



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January 31, 2024, 07:35:55 AM
 #6

The video repeats a common misconception. Contrary to what the video says, the halving does not reduce the supply. The supply is always increasing every block until it reaches 21 million.
It is a common misconception and in other words, people believe Bitcoin is deflationary but it is not. In fact Bitcoin is inflationary because its supply increases with time, with new blocks until 2140 and 21 million bitcoins were all mined from Bitcoin blocks. Only block subsidy decreases after 210,000 blocks.

How is the 21 Million Bitcoin Cap Defined and Enforced?

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January 31, 2024, 08:04:52 AM
Merited by ImThour (1)
 #7

Next time, post the text here before it is attached to the video so that the community can review it and correct any errors in it.
Adding animation will be useful, in addition to some clarifications and examples, along with the inclusion of translations.
It does not need to be professional and have high graphics, but good information and acceptable output are better and save a lot of money.
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January 31, 2024, 08:24:58 AM
 #8

Nice attempt I would say however there are many other guides which are more beginner friendly than the one you posted. I understand its a video however you could have made the best out of it with more information and better animations. I still appreciate your efforts for making a video on such a topic. All I could see in this video was a clock countdown to the bitcoin halving event.

Bitcoin Halving Explained in 1 Minute - https://www.youtube.com/watch?v=8coYu_GJrFs
Much better video as compared to yours, no offense.
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January 31, 2024, 08:43:27 AM
 #9

Snip

Sorry to say but to me, I see this as a means of attracting followers on your YouTube channel or something related because I don't expect the content to be what am seeing, for you to have recommend other people to such a thing, you should know it has to worth the value of what the people expect through the content in it, moreover there have been slot of threads already created that explains more about halving and people have been discussing on such, what new things have you got to offer about halving than what we all already know, just try and make use of the search engine nextime before creating a thread that have been talked about, I see nothing new here.

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January 31, 2024, 08:50:34 AM
 #10

I have started a little journey investing in Bitcoin, the halving is just a short time away only 79 days. Bitcoin halving is approaching us very fast so we should invest in Bitcoin now. Now those who are currently not investing in Bitcoin should invest very quickly. Without investment there will be no profit if the halving period passes, so we should invest quickly. Bitcoin price is highly likely to go higher after the halving Bitcoin is sure to go higher in 2025.

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February 05, 2024, 02:45:27 PM
 #11

I just finished watching the video, but did not understand properly, I thought there would animations or better still practicals to demonstrate the concept. Because I still really don't understand the concept of bticoin halving. For clarity.
What is bitcoin halving?
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February 06, 2024, 02:00:39 AM
 #12

The chart is a summary for past three halvings in Bitcoin history.


The Bitcoin market is very volatile but if you zoom out, have a mindset of long-term investors, you will see Bitcoin price growth is very solid. Its prices on halving days are good examples for its growth.

From $12 to $675 and $9,760, Bitcoin has been actually going through a long way.

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February 06, 2024, 02:46:29 AM
 #13

With each new halving, its influence on the market should decrease. Now the vast majority of bitcoins have already been mined, and halving the block subsidy is unlikely to radically change the situation. In my opinion, now halving has more of a psychological effect. This is the news that the media and influencers are happy to discuss. And this event has the character of anticipation, and nothing fuels bullish sentiment more than anticipation. In fact, the halving will affect miners almost exclusively. Yes, this will be a big challenge for them. Especially for those who have a high cost of mining one bitcoin. I think that we will face the ruin of many small miners.
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February 07, 2024, 06:04:11 AM
 #14

With each new halving, its influence on the market should decrease. Now the vast majority of bitcoins have already been mined, and halving the block subsidy is unlikely to radically change the situation. In my opinion, now halving has more of a psychological effect. This is the news that the media and influencers are happy to discuss.
There are two things that possibly contribute to impacts on Bitcoin price by its halving. Halve of block subsidy which will be a hook for new investors because they will fell like Fear Of Missing Out (FOMO). Another thing is Bitcoin marketcap will become bigger and bigger with halvings till a time it is big enough to hardly have big price impacts.

I agree that in future, Bitcoin halvings will have less effects than past events and some more in near future because of less scarcity feeling with block subsidy and bigger marketcap.

Quote
And this event has the character of anticipation, and nothing fuels bullish sentiment more than anticipation. In fact, the halving will affect miners almost exclusively. Yes, this will be a big challenge for them. Especially for those who have a high cost of mining one bitcoin. I think that we will face the ruin of many small miners.
It is true as in any market, people are easily manipulated by emotion and psychology. Their actions on the market will be seriously affected by emotion, psychology and the psychology cycle of market does not change, it actually repeats.

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kryptqnick
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February 11, 2024, 12:24:49 PM
 #15

I agree with the advice of adding subtitles, so that the video becomes more accessible. And yeah, it kind of felt like this video should have infographics, key numbers on the screen when they're mentioned. Otherwise, the clock is just distracting from the topic because you focus on the arrows or on the numbers on the screen. I agree with ImThour that the video he linked is more understandable and well-made.
I also like the halving explanation video by CoinGecko, which is of similar length to the one shared by the op.

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February 11, 2024, 10:56:47 PM
 #16

Once this halving happens we will be one step closer to another ATH! I personally can't wait until that day. Historically they say that 1 year after halving we should see new ATHs and that puts us right at 2025. Lets go!!!! I guess the only bad part about the halving is the part for miners where they make half the amount of money for the same amount of work, technically harder work lol.

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February 12, 2024, 05:11:03 AM
 #17

Are you curious about Bitcoin and want to understand one of its key events? Our latest video is a must-watch for beginners eager to unravel the mysteries of the Bitcoin Halving!

What's Inside:
  • Clear explanation of the Bitcoin Halving
  • How it impacts the cryptocurrency market
  • Insights into why it's crucial for every crypto enthusiast

Perfect for Beginners:
No complicated jargon! We break down the concepts to make it easy for newcomers to the crypto world. Whether you're a future hodler or just getting started, this video is for you.

Watch the Video Here: https://www.youtube.com/watch?v=9VwXKCH3vw4

Join the Discussion:
Got questions? Drop them in the comments! Our community is here to help each other understand and navigate the exciting world of cryptocurrency.

Start Your Crypto Journey:
This video is your gateway to understanding one of Bitcoin's fundamental aspects. Don't miss out! Hit that play button and embark on your crypto adventure.
Lol , not a attractive video instead it is boring.

no wonder there are only few that will completely watch the video , try to create more authentic and worth watching videos mate.

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February 12, 2024, 07:05:54 AM
 #18

Are you curious about Bitcoin and want to understand one of its key events? Our latest video is a must-watch for beginners eager to unravel the mysteries of the Bitcoin Halving!

What's Inside:
  • Clear explanation of the Bitcoin Halving
  • How it impacts the cryptocurrency market
  • Insights into why it's crucial for every crypto enthusiast

Perfect for Beginners:
No complicated jargon! We break down the concepts to make it easy for newcomers to the crypto world. Whether you're a future hodler or just getting started, this video is for you.

Watch the Video Here: https://www.youtube.com/watch?v=9VwXKCH3vw4

Join the Discussion:
Got questions? Drop them in the comments! Our community is here to help each other understand and navigate the exciting world of cryptocurrency.

Start Your Crypto Journey:
This video is your gateway to understanding one of Bitcoin's fundamental aspects. Don't miss out! Hit that play button and embark on your crypto adventure.
Lol , not a attractive video instead it is boring.

no wonder there are only few that will completely watch the video , try to create more authentic and worth watching videos mate.
I watched the video, and yes, it may be unattractive for the viewers, but still, you should pay attention to the information in the video. Did you only view the video and not listen to it? You should appreciate the video because at least the person who created it made some effort with it, and the information is detailed, and you can notice that he made efforts in searching for and gathering the information he put in the video. It's not about the animation or the visual of the video; it's about the information in that video that will guide and inform other people about bitcoin halving.

For the OP, I hope you take all the comments and feedback of the readers and viewers. Now you can know what field and aspect you will need to improve in terms of creating this kind of video. Anyway,  good luck. I hope you create more educational videos about bitcoin.

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February 12, 2024, 03:40:00 PM
 #19

The video is not professional and no Adding animation and adding subtitles to your video. You have to improve by add subtitles and make the video more attractive, but the graphic is well explained for a newbie better understanding and keep learning everyday in which, the fourth Bitcoin halving is fast approaching.
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February 12, 2024, 04:19:43 PM
 #20

This video is very helpful for newbies,what is bitcoin halving
In this video explained very good method and in a very simple way, often newbies take risk in crypto and then take guidance to get out of that risk.  , you have helped us newbies a lot by sharing this video link to understand bitcoin halving.

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