R100K-Martin-Lunger
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April 22, 2024, 06:39:01 PM |
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The price of Bitcoin will hike. Analysts are positive. It's early days but it will happen. I'm in it for the long haul. HODLing till we teach 100k and then the next goal will be 250K. The alts will go up as well, but not before BTC.
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Dunamisx
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April 22, 2024, 07:18:39 PM |
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- What path will Bitcoin chose following the halving
- If this event will lead to more Bitcoin related innovations?
- If this will lead to more people getting involved in Bitcoin
Continuation with bullrun, what other thing should we expect than this, when we have successfully achieved having the experience with halving, we should also come to the realization for the increasing use case of bitcoin, i will go for more adoption with the use of bitcoin, things will continue to fall under the same expectations as usual, such that we have bullrun sustained all through this season.
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The Cryptovator
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April 22, 2024, 08:24:20 PM |
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Halving ended, and hype for the halving ended as well. So, as expected, Bitcoin didn't react during halving. Because Bitcoin has already been pumped so hard due to ETF hype. So generally, we can expect healthy growth for Bitcoin now. From past history, we have seen Bitcoin pumped after the halving. So Bitcoin will start getting new investors and will start growing in price as well. Likely more institutional investors, we need to pump the chart from the current zone.
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Oasisman
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April 22, 2024, 08:57:15 PM |
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Halving ended, and hype for the halving ended as well. So, as expected, Bitcoin didn't react during halving. Because Bitcoin has already been pumped so hard due to ETF hype. So generally, we can expect healthy growth for Bitcoin now. From past history, we have seen Bitcoin pumped after the halving. So Bitcoin will start getting new investors and will start growing in price as well. Likely more institutional investors, we need to pump the chart from the current zone.
Most probably, Yes! Since we have already seen the new ATH before the halving took place, I guess it's just normal that bitcoin will lay low for a bit after people were cashing out their profits during the ATH. But, the real bullrun usually happens several months after the halving, just like how bitcoin had an unprecedented run from the last 3 halvings. So, for those who don't know what to do next after the halving, well I guess it's time to accumulate again as the run may have halt for a while and will be back up running positively again in the next couple of months or so. A lot of people are quite optimistic for the 6 digits this year or early next year, which I kinda support it because it is very likely to happen.
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oktana
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April 22, 2024, 09:03:40 PM |
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We need to be realistic, Bitcoin going up in value isn’t magic. It’s not something that just happens, there are factors that matters. And I looked at how quickly it created the new ATH and knew it can’t go far from there in such a short time from the halving. There’ll definitely be more adoption but it will be gradual. What’s good is that eventually it’ll surely be even more popular, and what’s bad is that people are trooping in to invest in Bitcoin with little to no consideration of it as a currency.
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Z-tight
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April 22, 2024, 09:06:52 PM |
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i will go for more adoption with the use of bitcoin, things will continue to fall under the same expectations as usual
I would want nothing more than greater adoption for BTC, but it may not happen at this time because of the spike in tx fees, ordinals and runes are major problems to BTC adoption and also to BTC's use as a currency. People who want to use BTC would probably look at the fees to send tx's on-chain and they may have a change of heart for the meantime.
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livingfree
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April 22, 2024, 10:55:34 PM |
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The price of Bitcoin will hike. Analysts are positive. It's early days but it will happen. I'm in it for the long haul.
We should be in the long term for this one. We may not see the quick impact but I guess that we're starting to see now. Bitcoin's price is trying to cross back to $67k as of looking at it. HODLing till we teach 100k and then the next goal will be 250K. The alts will go up as well, but not before BTC.
This is going to go until your next price target. But as for this bull run, this is going to be limited and $100k is what we're all waiting for and then all of those high price targets could be hit on the next bull run. But ranging from $100k-$150k is what many are closing the calls. At the same time, I'm worried of what if it won't be happening again just as what we've expected on 2021?
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fikrett
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April 23, 2024, 01:28:21 AM |
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Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine: - What path will Bitcoin chose following the halving
- If this event will lead to more Bitcoin related innovations?
- If this will lead to more people getting involved in Bitcoin
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on. The halving is indeed a fascinating event and its long-term effects are always a topic of much speculation and excitement. As you rightly pointed out, the reduction in mining rewards tends to tighten supply, which could potentially lead to an increase in Bitcoin's price if demand remains steady or grows. What's next for Bitcoin can be as unpredictable as any financial market, but historically, halvings have been followed by significant bullish trends, though they don't always happen immediately. It might take some time for the market to fully digest and react to the new supply dynamics. As for innovation, these events often push the community to explore new efficiencies and technologies to maintain profitability, which could lead to further advancements in blockchain and cryptocurrency technologies. While the initial market reaction might not always meet the community's bullish expectations, the halving often sets the stage for interesting developments. Here’s to watching this space, it’s always an exciting ride with Bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Abiky
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April 23, 2024, 05:16:20 PM |
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Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine: - What path will Bitcoin chose following the halving
- If this event will lead to more Bitcoin related innovations?
- If this will lead to more people getting involved in Bitcoin
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on. What's next? Nothing. The hype will start to decline slowly, until the market becomes "bearish" again. I'm certain BTC will reach an ever higher market price after the fifth halving. It's likely BTC will continue to improve until it becomes scalable enough to handle the masses. We've already seen innovation such as Taproot and Ordinals take the crypto world by storm. All of this happened before the 4th halving took place a few days ago. Imagine what other innovations will take place when the 5th halving comes. We should expect MAST, Lamport signatures, etc to become a reality soon. Also, it's expected mainstream adoption for the Lightning Network to increase in the following years (although the network is still buggy). Especially with Coinbase making a partnership with a LN-based startup. With BTC being promoted as the "best performing asset on Earth", you can expect more people to join the revolution. We're still early considering that there are a few more halvings left before all BTC are mined (which will happen by 2100). The question is: Will you keep buying and "hodling" BTC? Or will you sell it to greedy companies and institutions? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Alone055
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April 23, 2024, 05:33:30 PM |
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We've already seen innovation such as Taproot and Ordinals take the crypto world by storm. All of this happened before the 4th halving took place a few days ago.
Most of us aren't very big fans of the ordinals as the market is still suffering from extremely high fees due to them and we aren't able to make normal transactions in Bitcoin because of this. I'm pretty sure that the majority of Bitcoin users are affected by this. With BTC being promoted as the "best performing asset on Earth", you can expect more people to join the revolution.
We do, and whether this bull run will be a significant one or not depends on that, the more people join the revolution, the higher the possibility for Bitcoin hitting a very high all-time high in this bull run, otherwise, we will just see the ordinary. We're still early considering that there are a few more halvings left before all BTC are mined (which will happen by 2100).
The last block that will mine new bitcoins is estimated to take place around 2140 after which the blocks won't mine any new bitcoins and miners will only get transaction fees as a reward for mining a new block. The question is: Will you keep buying and "hodling" BTC? Or will you sell it to greedy companies and institutions? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'll keep buying and holding until I get a reasonable price to sell my assets to the greedy companies and institutions wanting them. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ancafe
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April 23, 2024, 05:40:43 PM |
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- What path will Bitcoin chose following the halving
It is certain that we will see a correction or increase in prices after the halving takes place and that is a real reaction from the market even though it occurs through the halving process in that period. - If this event will lead to more Bitcoin related innovations?
In terms of what innovation you mean, is it related to the creation of a new exchange because the function of bitcoin is only for investment assets and legal means of payment in countries where it is implemented. But innovation regarding legal means of payment is not possible in all existing countries. - If this will lead to more people getting involved in Bitcoin
Of course positive value will always appear after bitcoin provides something real so that person start to pay attention to bitcoin's journey. person involvement in bitcoin is because there is something more valuable than the previous investment system, so person are starting to realize the advantages that bitcoin itself has.
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Abiky
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May 01, 2024, 02:43:41 AM |
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The last block that will mine new bitcoins is estimated to take place around 2140 after which the blocks won't mine any new bitcoins and miners will only get transaction fees as a reward for mining a new block.
Precisely. By the time that happens, transaction fees would be high enough to sustain miners' operations. My guess is that people will be using off-chain scaling solutions to spend Bitcoin on a daily basis without "breaking the bank". It will work more as a store of value, just like Gold. We can't predict what will happen by the last halving, anyways. Neither you or I will be alive by 2140. But our descendants will. If history repeats itself, BTC should go up after each halving. Market prices will go down once the FOMO ends. Just stick to buying low and selling high and you'll be rich in no time. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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hd49728
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May 01, 2024, 02:49:26 AM |
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Neither you or I will be alive by 2140. But our descendants will. If history repeats itself, BTC should go up after each halving. Market prices will go down once the FOMO ends. Just stick to buying low and selling high and you'll be rich in no time. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I have similar thinking too, price of Bitcoin will go up after each halving but I would like to add one more note on this. With future halvings, with higher price of Bitcoin, Bitcoin market cap will be bigger than now, bigger and bigger so it's logic that with future halvings and market cycles, price will have smaller ROIs than past halvings and market cycles. I don't feel any disappointment with smaller ROIs in future cycles because it's logical to see smaller growth with bigger market cap.
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jcojci
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May 01, 2024, 06:53:08 AM |
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If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
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Cryptoprincess101
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May 01, 2024, 07:42:41 AM |
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If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
Not everyone is waiting for a new ATH, perhaps a new ATH was already created before the halving so even if another ATH should be expected it will not happen anytime soon and there are still investors that are also waiting for a dip in order to acquire more Bitcoins so the expectation of everyone differs and not just waiting for a new ATH to happen besides there are still long term hodlers that are not interested in Bitcoin creating a new ATH again but they just want to continue hodling or better still expecting a dip for them to increase their portfolio the more. Sure miners gets some advantage when the price skyrockets because at that point a lot of transactions happen from those that wants to withdraw their Bitcoins from exchanges and those selling their coins as well so the traffic they generates lead to high transaction fees for easier confirmation in a block which is beneficial to miners. Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
No one knows if the market will respond positively or not but to the highest of my knowledge, the market is determined by itself whether it will be positive or not and it also depends on the demand of investors because basically, if the demand is high it affects the price positively but just as you stated, it requires patience before we can start experiencing positivity in the market just like when spot Bitcoin ETFs were approved, the approval didn't had any effect immediately but after some time we started experiencing significant increase in the price of Bitcoin which even led to Bitcoin creating a new ATH.
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Zigabel
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May 01, 2024, 08:35:44 AM |
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Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine: - What path will Bitcoin chose following the halving
- If this event will lead to more Bitcoin related innovations?
- If this will lead to more people getting involved in Bitcoin
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on. Saying Bitcoin halving was the greatest event Bitcoin lovers were looking forward to isn't a passing the proper message because i think there will still be another halving in the nearest future as the most recent they just happened wasn't said to be the last. Bitcoin doesn't get to choose a path for it's self after the halving and I'm very sure if you have a proper knowledge of market dynamics and also that around Bitcoin then you will agree to the fact that these events create reactions around speculators who reacts and the market gets to move in a direction which is now seen as the direction of Bitcoin . Speculators, investors and even the whales carefully observe these events and activities around Bitcoin and the possible effects and benefits which inturn driver their reaction to the market which in the long run gives the market some form of dynamics because if all these people aren't in the market then there may likely be no movement as no one if taking actions that will drive the market. The stability of Bitcoin has giving it the edge that has provided the attention it gets such that happenings around it causes reactions for the drive in the market.
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jcojci
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May 02, 2024, 06:07:18 AM |
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If you ask what's next after the halving, I think now people are waiting for the new ATH price that Bitcoin can reach. Even though miners get lower rewards than before, if the price of Bitcoin can rise very high, they can make a profit. They will probably keep their Bitcoin for a while until the price of Bitcoin goes up.
Not everyone is waiting for a new ATH, perhaps a new ATH was already created before the halving so even if another ATH should be expected it will not happen anytime soon and there are still investors that are also waiting for a dip in order to acquire more Bitcoins so the expectation of everyone differs and not just waiting for a new ATH to happen besides there are still long term hodlers that are not interested in Bitcoin creating a new ATH again but they just want to continue hodling or better still expecting a dip for them to increase their portfolio the more. Sure miners gets some advantage when the price skyrockets because at that point a lot of transactions happen from those that wants to withdraw their Bitcoins from exchanges and those selling their coins as well so the traffic they generates lead to high transaction fees for easier confirmation in a block which is beneficial to miners. I'm not sure if ATH occurred before the halving. The price of more than $70k is not yet a new ATH because with the rewards received by miners have decreased, the price of Bitcoin should be able to reach above $100k. We have just passed the halving event and we have to wait again. It's the same as when the halving occurred several years ago where after the halving, the price decreased again and would start to rise after a few months. Those who are interested in holding Bitcoin for the long term, don't really think about the new ATH that will occur. They already have a target when they sell their Bitcoin. Most people will sell their Bitcoin when it reaches higher than $70k, especially if the price of Bitcoin can reach $100k. They will immediately sell it to make a big profit. But everything will return to each person's plan. Yes, the market will respond positively to this halving but we still have to be patient because it won't happen instantly. Maybe there will still be a few months away from a positive response and if there is a price movement later, we can start preparing with the selling price we want. We must be able to remain patient and wait until the price can rise higher.
No one knows if the market will respond positively or not but to the highest of my knowledge, the market is determined by itself whether it will be positive or not and it also depends on the demand of investors because basically, if the demand is high it affects the price positively but just as you stated, it requires patience before we can start experiencing positivity in the market just like when spot Bitcoin ETFs were approved, the approval didn't had any effect immediately but after some time we started experiencing significant increase in the price of Bitcoin which even led to Bitcoin creating a new ATH. The market has already determined where it will go because now we are seeing a rather deep decline. Bitcoin price is now under $60k so we still have to be patient to see the price rise. Now is a good time to buy more Bitcoins so we can accumulate more Bitcoins. Looks like shortly there will be a surprise from the market ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We better be prepared for what will happen in the market. Don't forget to increase the amount of Bitcoin you have before the price goes up. That could make you miss out on accumulating more Bitcoin at low prices.
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Outhue
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May 02, 2024, 06:36:26 AM |
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The final shakeout is upon us.
As predicted, many will start believing that 73,000 was the top, and they will take profit thinking it over, little did they know that this correction is necessary for healthy growth.
Some expected a massive pump after the halving, well it is clear that it won't happen, even when Hong Kong approved Bitcoin ETF and ETH ETF, the dump still happened, and I don't think we are done yet, we may see 52k or worst price of 48k before we start going up again.
Fortune favors the brave, if you don't know what you are doing it is better to start making decisions on your own by learning about Bitcoin and its price action, now is a good time to start adding up again, I have been waiting for the correction for weeks, now it's happening, I won't miss the chance, I advise you shouldn't either.
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Darker45
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Crypto Casino and Sportsbook
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May 02, 2024, 09:59:33 AM |
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We have yet to know which direction will Bitcoin take after the halving. As of now, it seems there's a correction. But this doesn't necessarily mean Bitcoin is taking the downward direction. This could merely be a quick correction brought about by individuals or institutions dumping. I still feel like the overall sentiment remains bullish. There might still be an ATH at least a year from now.
I don't think Bitcoin halving determines whether there will be more Bitcoin-related innovations or not. The rate of adoption determines that. However, the halving has indeed encouraged a different kind of innovation in Rodarmor's Runes.
The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.
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Betwrong
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May 02, 2024, 10:31:01 AM |
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- What path will Bitcoin chose following the halving
If you mean price-wise, it can take some time to have a certain answer to that. The previous Bitcoin halving happened on May 11, 2020. The price of 1 BTC was less than $10k then. It had taken more than half a year before we hit a new ATH and it'd taken another 3 months to reach anything above $60k. So, I mean, it not always happens right after the halving, but it happens eventually, that's what can be said. - If this will lead to more people getting involved in Bitcoin
I have absolutely no doubt about that. Look at the stats: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F05%2F02%2FrsJ2m.png&t=665&c=T24mY039iN40Hw) 219 million? Are you kidding me? We'll be over 1 billion before the next halving I'm sure.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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