Bitcoin halving countdown

[MarissaLopez]

 Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.
Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.

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[bitzizzix]

We all know that the halving event is an important event and the best moment that we look forward to every 4 years and we are already at the door, because the halving event has a significant impact on Bitcoin price movements. And also the dynamics of supply and demand in the Bitcoin market, and demand will increase and can increase the price of Bitcoin gradually as supply decreases.
And what I've done so far is continue to make regular purchases within my means and will probably only increase my purchases when I have more money, and the DCA method is the best way for me to do this. Because I don't have the ability to make large purchases and hold them for the long term.

[Zlantann]

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

History has shown that Bitcoin might not get to its highest price during the halving. It might take some months to get to that height, hence Bitcoin might get to its highest price towards the end of this year and early next year.

I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.

It is normal to see the attention and attraction which the Bitcoin space is gaining during this period. However, the investors that will make good money from the bull run are those that have planned for this season. Investors who bought Bitcoin when the price was low are the ones who will largely benefit from this season.

Bitcoin halving countdown

I was expecting to see a series of events or periods that leads to Bitcoin halving. Maybe the title is not consistent with the post content.

[348Judah]

Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.

Halving is a season expected that everyone investing should make profits, even though it is also surrounded by high market volatility whereby you can experience the rise and fall within a short time, we should not allow fear to take hold of us in such a way that we miss out on any opportunity in this season, it's more important that we learn to hodl.

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

Many will indeed make profits because some were already into it by now, since the start of the bullrun which began sometimes earlier this year, on the same vein, we can still have others who would have realized losses at the cause because of their carelessness or fear.

[boyptc]

I want to know what we are excited about,and to know if we're slacking over this opportunity.

Straight to the point, the price increase none other than that. When we talk about halving, two things - bull run and price increase.

That's what we're all excited about and whether you hide it or not, everyone is talking about new all time highs at this bull run and that's what this halving is all about.

And soon, we'd see more of it because this is just a 4-year cycle and time nowadays is too quick passing by.

[Kelward]

I'm really excited about counting down to halving, because it'll be my first time experience, and I've been hearing a lot of pro and post halving price predictions, it's really fascinating. From my research I understand that after supply is cut in half, which will create scarcity, demand will become greater than supply, and eventually that is when the real bull run will start. I believe that because of the Bitcoin ETF which made it possible to see a new ATH before halving, that we're going to experience a massive bull run in this season, and every investor will likewise reap massive ROI.

[Yamane_Keto]

If you think halving will get you rich quickly, then you should wait because the change in supply does not directly increase the price, although I am surprised that the price is still +60k.

[SickDayIn]

Yes the halving is an important event, but after witnessing many of them, nothing really changes in the short term. Some retail investors will feel it is uneventful and sell their holdings, and miners will also have to sell more of their mined coins as they need to cover their costs. Typically this results in a drop in the price in the weeks after so I can see that potentially happening. It's all noise though, as long as you're dollar cost averaging you'll be fine..

[cryptoWODL]

Bitcoin halving event is only six days away which means we are only one week away from an important event like Bitcoin halving event. I've only read or heard about the bitcoin halving event before in history. But never had the real experience but maybe this year I will get that experience through the fourth bitcoin halving.

When I first heard about the bitcoin halving I thought that since halving means "to cut in half" when the bitcoin halving happens the price of bitcoin will probably be half of what it was. As I thought that if the price of Bitcoin is $50000 then maybe it will drop to $25000 during the halving. But I think this idea was wrong because when I started to Google the content related to Bitcoin halving, I found that it is said that during Bitcoin halving, those who are bitcoin miners are given half the reward ie they get fifty percent reward.

[DanWalker]

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth...

Bitcoin always increases in price after halving and this has happened 3 times in the past and people are expecting it to happen again. But things are gradually becoming different and the difference here is that this story has become so familiar and everyone, including new investors, knows and is waiting for this. And if everything repeats itself and everyone wins, including the newbies, who will lose in this financial game? Who will spend billions of dollars and be willing to buy bitcoin at high prices so that we all make a profit?

This is my thinking and I think things will not be that easy anymore, the sharks will find a way to change the rules of the game and many people will have to lose money, not everyone will be rich.

[btc78]

I presume alot of investors are purchasing more coins too in regards to this.

Yes I am thinking maybe that is also the reason why bitcoin reached a new all time high even before the halving itself many are expecting for bitcoin to reach another peak post-halving so they are hoarding as much coins as they can.

Personally I am just waiting for the right time to buy more coins at a price I deem more profitable

[kentrolla]

Yes, I have already started and this time my strategy was simple which I have been following and it's really stress free. The strategy is nothing but DCA and having a back up amount to buy BTC in bulk when it dips like we have seen whenever it reached ATH it dips by 10 to 20% which happened this time before BTC crossed $40k, $50k and after it crossed the previous ATH. I am just accumulating BTC as much as I can but doing it gradually to avoid being left out during bull run. DCA doing make you panic.

[Bobrox]

Bitcoin always increases in price after halving and this has happened 3 times in the past and people are expecting it to happen again. But things are gradually becoming different and the difference here is that this story has become so familiar and everyone, including new investors, knows and is waiting for this. And if everything repeats itself and everyone wins, including the newbies, who will lose in this financial game? Who will spend billions of dollars and be willing to buy bitcoin at high prices so that we all make a profit?

This is my thinking and I think things will not be that easy anymore, the sharks will find a way to change the rules of the game and many people will have to lose money, not everyone will be rich.

Since reach with new all time high price bitcoin always get correction start from new ATH around $69k then dropping to $59k until last all time high reach to $73k and currently bitcoin dropping to $65k last night. Seems need prepare with bad happening later if possibility bitcoin will raise new higher price left several days later before halving always has opportunity dropping to lower price. I don't sure with this halving edition worth to buy back bitcoin right now because many time bitcoin get correction drastically after success achieving new higher price.

For new ATH seems difficult before halving left six days later, I don't quit well believing how potential with bitcoin price reach above $80k or keep going down exactly after halving time. Do you want to invest in bitcoin right now or waiting after halving and opportunity get correction to buy bitcoin has more lower price.

[AnonBitCoiner]

Yes I am thinking maybe that is also the reason why bitcoin reached a new all time high even before the halving itself many are expecting for bitcoin to reach another peak post-halving so they are hoarding as much coins as they can.

Personally I am just waiting for the right time to buy more coins at a price I deem more profitable

This can be true that the price of bitcoin is increasing due to higher buying percent of the people and now a days many people are selling their bitcoin due to panic so bitcoin is showing slight dump of 67k$ of worth.

People are assuming that halving will make the price of bitcoin more favorable so they can get benefit easily but halving is very near but we have not saw any huge pump but may be once halving take place then all situations become normal and bitcoin surge above 73k$.

I think you should not wait for more accurate time than this for buying because now everyone has predicted that price will surge instead of going down so if you have bought some bitcoin then keep it and now wait for the successful event of halving.

[highalch]

It's as simple as it gets.

If the same amount of people want to buy the same amounts of BTC every day, but the amount of newly created bitcoins are halved, the price gets to rise.

[Potato Chips]

For the upcoming halving, I'm just expecting the price to stabilize a bit and the good stuff -- possible ATH to come after several months. Yeah, I'm still hodling on to the same pattern that happened multiple times when it comes  to ATH.

Of course, it's also possible that the pattern will break at some point (well, i know it already did up to a certain extent this year) but overall, not a big deal if you're holding long term though, it would be nice to cash out a portion for some personal splurging lols.

[Bushdark]

Do you call this an opportunity when some people don't even have the fund to eat and you want them to invest in the crypto market?
Maybe you have to give that to the rich or people that are self sufficient and have enough funds to invest in the crypto market.
We can see that their are wars all around the globe and people are really suffering without even having what to eat at this moment.
Thise that have Bitcoin holdings would be happy because history is about to repeat itself again.

[GbitG]

Talking about Bitcoin making people wealthy, if someone earning 3x to 4x their investment makes them wealthy then yes, you are right, a lot of people will definitely become wealthy if Bitcoin manages to go above $100k because that would make most of the investors earn more than 3x if they have bought Bitcoin below $30k, but I doubt if we can call that wealth but it's simply good profit unless someone have invested everything they had and have gotten 4x of it, that is something else.

I'm excited to see what the halving will bring since Bitcoin have changed its movement pattern this time. We have a new all-time high before halving which is $73k, now we have to see where a new all-time high will be set after the halving and during the bull run.

[aylabadia05]

Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

When the countdown has been reached but in reality the price continues to decline, what do you expect?

Previous halving dates were:

• Nov. 28, 2012, to 25 bitcoins
• July 9, 2016, to 12.5 bitcoins
• May 11, 2020, to 6.25 bitcoins

The next halving is expected to occur in April 2024, when the block reward will fall to 3.125 BTC.

As of March 2024, about 19.65 million bitcoins were in circulation, leaving just around 1.35 million to be released via mining rewards.

Bitcoin is not a get rich quick scheme. Bitcoin can bring huge profits when the price reaches its highest. Bitcoin returns are not the same as returns on valuable assets such as gold. If you look at Bitcoin only from the perspective of being able to bring wealth, I'm afraid people will be 'disappointed'.
But don't worry, the $73.7k high that still stands will be broken.

[Rruchi man]

I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.

I can't wait for the halving to come and go so we can actually see less shit post and unnecessary discussions about it. Due to the hype around the halving, Many new investors have set unrealistic figure in their minds as the figure that the value of bitcoins will get to, I believe many people's expectation will be cut short because Bitcoin may actually not perform as they expected and they may not become the millionaires out of the halving like they planned to.
There is life after the halving, new investors should also plan for their investments post-halving.