Why has bitcoin prices not increased just after halving ?

[CageMabok]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Your good intentions in giving advice to other people regarding Bitcoin being halved are indeed good in general, but on the other hand you also have to realize that in any case not everyone can have the same level of patience so they could blame you. when they start to face risks that are painful for them. So don't blame those who don't have enough patience for what you suggest because you also shouldn't waste more time on people who don't have patience because they will definitely blame you someday.

[fuguebtc]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion.

I thought that this thread is about someone who's ranting about just after the halving and why the price of Bitcoin ain't increasing. But you're right with that suggestion of yours to buy while they can still look at this level of $60k. We've never got tired of reminding people to buy Bitcoin at any range that seem to be good at the moment and we always tell to buy before we'll never get to see these prices again. Whoever listens or does the initiative to buy, they're always the ones that are victorious and laughing at the end to the people that have laughed at them because they've never believed Bitcoin.

For those willing to take risks or already knowledgeable about the bitcoin market, advising someone to buy bitcoin is always considered a good thing. But you giving advice to people who know nothing about bitcoin is no longer good advice. Even you yourself do not guarantee that your investment will bring profit, how can you give advice to someone who knows nothing about bitcoin? Dont rush to give financial advice to anyone if you don't want to be blamed like the OP.

I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Not just days but months or even a year after it. 

OP will soon receive more criticism when he claims that the bull season will come a few days after the halving. Not only OP but many newbies are having this wrong thinking and they don't know that it will take at least a few months or a year for the price increase season to come or never come, nothing is 100% certain.

[bestcoins1]

Give it a month when Bitcoin miners have to pay their monthly electricity bill.
Many miners won't keep up with the demand and have to sell their mining rig from losing profit because of electricity bills.

The Bitcoin mine owner should be able to adjust this by making initial calculations before mining Bitcoin, because if things like that are used as an excuse for them to no longer mine and sell their machines to others, of course other people will also think twice when they want to buy a rig. mining before the buyer uses it. So I think that reason is the wrong thing to say even though it can also be quite reasonable in order to be able to sell mining rigs that have been used before.

[alastantiger]

I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

With the high transaction fees I do not think anyone will want to spend their bitcoins it will be madness. You have given the correct suggestion to your friends. They must be patient is not like they have a loss unless they want to lose. They should check back in 25 - 30days as the halving has occurred. What will happen between this time is the bull run that we all have been anticipating as well as the reduction in the transaction fee. It require a lot of patience and they should find some other things to occupy their minds while we wait. Bitcoin is going up and that is assured.

[JimboToronto]

The halving was just yesterday.

Don't count hours or days. Count months and years.

A year from now should show a result from the halving.

[Ndabagi01]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

That’s the misconceptions about the halving. The coming of the halving does not mean that the price of bitcoin will skyrocket. For past histories, it use to take a while until the bull run before they increase. Halving takes place and reduce the price of miners reward. After some time, the effect of it will be felt and that is what generates into the bull run season to have a new all time high of bitcoin. Bitcoin market is unpredictable, don’t promise people you’re bringing in that they’ll make it overnight when they invest in bitcoin, it is a long term investment.

[stomachgrowls]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Halving event doesnt really give out that immediate effect like increasing its price or whatsoever, it would usually take up for a couple of months or 6-9 months exactly on basing up with the previous cycles
on which this is something that could likely happen on this current cycle. You would really be getting blamed if you do make out some asurrance into those someone who you do give out some advises.
If they are complete noob then most of them are really that impatient and this is why its not that shocking that they will really be having that kind of reaction on which this is something
that they would really be having in minds and expecting something positive but its not.

Tell them to hold, it would really be taking up some time for the market to make out that bull run and its better to keep on DCA whenever it drops because in post-halving event
there would really be those huge pull bucks i must say.

[South Park]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

You made two mistakes here, the first one was to believe that an increase on the price after the halving will happen immediately, but this is not the way it works, as it could take months before bitcoin goes up in value, your second mistake, and by far the biggest one, is that not only you suggested to your friends to invest in bitcoin, but you also imparted onto them the mistaken idea that bitcoin will grow in value very quickly, so I think they are on their right to partially blame you if they lose their money, and depending on how severe are their losses, how mad they are about it and the legislation on your country regarding your actions, you may even get sued by them.

[milewilda]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Halving event doesnt really give out that immediate effect like increasing its price or whatsoever, it would usually take up for a couple of months or 6-9 months exactly on basing up with the previous cycles
on which this is something that could likely happen on this current cycle. You would really be getting blamed if you do make out some asurrance into those someone who you do give out some advises.
If they are complete noob then most of them are really that impatient and this is why its not that shocking that they will really be having that kind of reaction on which this is something
that they would really be having in minds and expecting something positive but its not.

Tell them to hold, it would really be taking up some time for the market to make out that bull run and its better to keep on DCA whenever it drops because in post-halving event
there would really be those huge pull bucks i must say.

On the time or on the moment that you would really be telling someone to invest on Bitcoin or any altcoins in the market and give out that kind of projection about making huge money then you are really that bound on getting blamed in the end of the line on which this is something that could really happen because you do give out that kind of assurances to them to make money which is really that a bad idea. Whenever you do make out some recommendations then it would really be always best that you do explain to them about the risks factor. Always go for the good side and the bad side and explaining to them about those probabilities so that on the time that they are seeing their portfolio to be in reds then they would really be that wary and wouldnt really be giving out those blaming vibes just because you have told them about the risks or simply its cons.
People wont really be pointing out a finger on you if you do make out that good advises and telling about the risk. I do agree on what you have said that newbies are normally be on this way on which they are really that anticipating all the time for positive things to happen without tending to see the other side.

[tabas]

I thought that this thread is about someone who's ranting about just after the halving and why the price of Bitcoin ain't increasing. But you're right with that suggestion of yours to buy while they can still look at this level of $60k. We've never got tired of reminding people to buy Bitcoin at any range that seem to be good at the moment and we always tell to buy before we'll never get to see these prices again. Whoever listens or does the initiative to buy, they're always the ones that are victorious and laughing at the end to the people that have laughed at them because they've never believed Bitcoin.

For those willing to take risks or already knowledgeable about the bitcoin market, advising someone to buy bitcoin is always considered a good thing. But you giving advice to people who know nothing about bitcoin is no longer good advice. Even you yourself do not guarantee that your investment will bring profit, how can you give advice to someone who knows nothing about bitcoin? Dont rush to give financial advice to anyone if you don't want to be blamed like the OP.

It's true that they might blame you for giving tips about buying Bitcoin and I've been there and experienced that before. But how it could be that someone will ever know Bitcoin if they you won't tell them what Bitcoin is and whether they should buy or not? We already started from having no knowledge about it until we become curious, did some research and asked people's advise as well.

Not just days but months or even a year after it. 

OP will soon receive more criticism when he claims that the bull season will come a few days after the halving. Not only OP but many newbies are having this wrong thinking and they don't know that it will take at least a few months or a year for the price increase season to come or never come, nothing is 100% certain.

That's okay, I know that he's optimistic about that but don't tell an instant advise that Bitcoin will soon pump. Give it some time and enjoy the ride.

[philipma1957]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

The 2016 ½ ing was around may or maybe july

the peak was dec 2017 over 15 months later.

the 2020 ½ ing was around may or july 2020 the peak or peaks hit in april 2021 and nov 2021 over or close to a year later.

so we have a long wait to see the ath.

[Odusko]

Alot of new investors have misunderstood what bitcoin halving really stands for and how it influence the market, knowing the fact that bitcoin halving doesn't automatically results into increase pricing and as a matter of fact before an all time high price can call me after bitcoin halving is sometimes take up to six months to even close to one year.
This will disappoint alot of the unknowledgeble speculators who have speculated various price and timing for bitcoin to take another shape or price turn after the halving cycle.

[fuguebtc]

I thought that this thread is about someone who's ranting about just after the halving and why the price of Bitcoin ain't increasing. But you're right with that suggestion of yours to buy while they can still look at this level of $60k. We've never got tired of reminding people to buy Bitcoin at any range that seem to be good at the moment and we always tell to buy before we'll never get to see these prices again. Whoever listens or does the initiative to buy, they're always the ones that are victorious and laughing at the end to the people that have laughed at them because they've never believed Bitcoin.

For those willing to take risks or already knowledgeable about the bitcoin market, advising someone to buy bitcoin is always considered a good thing. But you giving advice to people who know nothing about bitcoin is no longer good advice. Even you yourself do not guarantee that your investment will bring profit, how can you give advice to someone who knows nothing about bitcoin? Dont rush to give financial advice to anyone if you don't want to be blamed like the OP.

It's true that they might blame you for giving tips about buying Bitcoin and I've been there and experienced that before. But how it could be that someone will ever know Bitcoin if they you won't tell them what Bitcoin is and whether they should buy or not? We already started from having no knowledge about it until we become curious, did some research and asked people's advise as well.

Not just days but months or even a year after it. 

OP will soon receive more criticism when he claims that the bull season will come a few days after the halving. Not only OP but many newbies are having this wrong thinking and they don't know that it will take at least a few months or a year for the price increase season to come or never come, nothing is 100% certain.

That's okay, I know that he's optimistic about that but don't tell an instant advise that Bitcoin will soon pump. Give it some time and enjoy the ride.

For those who have never heard of bitcoin, I think we should introduce and provide materials, their knowledge will be many times better by giving advice to invest in bitcoin when they do not know anything. 

If OP doesn't rush to urge his friend to buy bitcoin, but instead takes the time to teach them everything about bitcoin and let them make their own investment decisions. I believe OP will not be blamed and his friends will also be more confident in holding bitcoin. Unlike now, they start to panic and may even dump if bitcoin suddenly drops in price.

[ShowOff]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

The average transaction fee for low priority as I write this post is 107 sat/vB or the equivalent of $9.8. Of course, these are expensive transaction fees for the small transaction category, but not a big deal for those who can afford the fees. The price of bitcoin has increased several percent since the halving went live, but certainly not as much as the expectation of some beginners who were expecting tens of percent to hundred.

The impact of the halving on the price of bitcoin is very dependent on demand and supply, meaning that the halving will not necessarily make the price rise drastically if demand for bitcoin does not increase. You still have to wait patiently, they and I are the same if you want to get higher returns than now.

Source: https://mempool.space/

[JimboToronto]

Alot of new investors have misunderstood what bitcoin halving really stands for and how it influence the market, knowing the fact that bitcoin halving doesn't automatically results into increase pricing and as a matter of fact before an all time high price can call me after bitcoin halving is sometimes take up to six months to even close to one year.
This will disappoint alot of the unknowledgeble speculators who have speculated various price and timing for bitcoin to take another shape or price turn after the halving cycle.

It's important to differentiate between investors and speculators.

Investors are in for the long term while speculators (gamblers) are in for short-term fiat gains.

Traders are just speculators. Hodlers are investors.

[lovesmayfamilis]

Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

[ajiz138]

Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

There are still many people asking why the price didn't rise after yesterday's halving? It looks stagnant with no change at all; that's what people who are new to the halving process often say, but they only hear that after the halving the price immediately rises without waiting for time, that person is silly.

Holders will actually know how to see the price of bitcoin later not necessarily after halving, but at least with halving we celebrate a lot after 4 years ago, but honestly I will not listen to people who keep asking "when the price goes up".

[ShowOff]

Those people who expected fireworks of high prices at the time of halving, those who listened to analysts predicting high prices immediately after the event, and those who invested all their last money, expecting a quick profit, will be disappointed. And as a rule, these are people who are not real Bitcoin holders. But reasonable people know that it takes time for growth and calmly react to everything that is currently happening in the market.

Chances are, people who have such desires are not experienced in the crypto market and have no idea how the market will work after the halving is over. Over time the market will grow along with increasing demand, so of course it will take time to get higher value bitcoin.

Anyone who expects the market to grow quickly after the halving, then what you say is probably true. They will be disappointed and will probably exit the market early so ATH is not for them. On the other hand, anyone who already has a lot of experience and has gone through several halvings, maybe they will patiently wait for the market to grow over time until their goal is achieved.

[tabas]

~snip~

For those who have never heard of bitcoin, I think we should introduce and provide materials, their knowledge will be many times better by giving advice to invest in bitcoin when they do not know anything. 

If they are interested and you've got someone and you encountered him being interested in Bitcoin then provide him with all of those materials that you know. It's not hard to look into those materials anymore when they can be found on the web and look at those videos or even blogs/articles that provides details on teaching them how to start.

If OP doesn't rush to urge his friend to buy bitcoin, but instead takes the time to teach them everything about bitcoin and let them make their own investment decisions. I believe OP will not be blamed and his friends will also be more confident in holding bitcoin. Unlike now, they start to panic and may even dump if bitcoin suddenly drops in price.

It should be for everyone, we're not the ones to decide for the investments of others. If they think that they shouldn't invest, then they shouldn't and if want to, they're all free to do it anytime they wish and at any amount they desire to invest.

[GeorgeJohn]

Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.

Sometimes what triggers increase in transaction fees is as result of demand and supply, so when the demand is higher it will affect the transaction, for the transaction fee to be high and it has not reflected to increase in Bitcoin I may say that is normal, a bitcoin transaction increase and the price of bitcoin doesn't increase that doesn't mean its necessary that when transaction fees is high than bitcoin will also be high..