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Author Topic: Why has bitcoin prices not increased just after halving ?  (Read 883 times)
Promocodeudo
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May 11, 2024, 12:33:06 PM
 #101

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.

Bitcoin having does not guarantee immediate hyke in bitcoin price that benefits hodlers, atleast this year halving has clarify that and I think from now onward many bitcoiners that's has not experienced this will now understand that events may not occurs as we expect it to be in regards to Bitcoin, we understand that the major reason for any investment is profit but it is also good to understand the investment itself and the events that are bound to happen in the investment as time goes on, although many bitcoiners exepected that Bitcoin will pump more immediately we get into halving in full but was disappointed but then volatility has taken it course aince then till now that doesnt meant that bitcoin wont go up in price, it only means that we shouldnt time bitcoin because our timing may be proven wrong by price fluntuation.




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May 11, 2024, 12:55:36 PM
 #102

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 impatient after being warned, let them decide for themselves what they will do.
The increase in Bitcoin transaction fees after the halving has made some people wonder why the price of Bitcoin has not increased, instead the fees have increased. Regarding the increase in fees at that time, it was answered that it was disturbed because of the runes.

Expecting an increase in price, did not happen immediately after the Bitcoin halving occurred. It takes some time or we need to wait until that moment happens. Now the market is a little stagnant, but don't be pessimistic.

R


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May 11, 2024, 06:37:51 PM
 #103


Bitcoin having does not guarantee immediate hyke in bitcoin price that benefits hodlers, atleast this year halving has clarify that and I think from now onward many bitcoiners that's has not experienced this will now understand that events may not occurs as we expect it to be in regards to Bitcoin
...



most investors who think that bitcoin will rise immediately after the halving are fomo investors who don't understand bitcoin at all. they think that when they buy it before the halving, they will immediately get a profit, even though what happens is that the price of bitcoin will not immediately rise after the halving.

we just have to wait and see whether these fomo investors will be able to stand it or not seeing bitcoin prices become unstable in the next few months.

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May 11, 2024, 06:48:03 PM
 #104

Buy the rumor sell the news is a simple succinct phrase which will give you guidance right across the range of market asset.

The reason such simple reasoning applies to widely and true for centuries is that it applies to humans who deal the prices and thats key most of the time.   Purely in a logical determination only you are not incorrect to assume less supply brings a higher price.

The explanation is that BTC has speculators, most markets do and they know ahead of time the supply will be lower.   People buy ahead of the news and the price rises in proportion before the event.   This isnt a one off, its almost every time you can expect some similar fashion of movement to this.

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May 11, 2024, 11:45:11 PM
 #105

This time because Bitcoin had a lot of price increases before the halving and even reached an all-time high. Many may be expecting that the price of Bitcoin will start to increase after the halving in the same way that it did before the halving. After the Bitcoin halving the price of Bitcoin continues to decline but we see the price of Bitcoin holding a stable position above $60k and below $65k.I thought after the halving the price would take a big correction but that's not the case. It just seems to me that the price of bitcoin is in a nice position after that the bullishness of bitcoin has not started yet maybe it will start slowly maybe we can see bitcoin price of $100k in the next bull season.

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May 13, 2024, 06:34:14 AM
 #106

Buy the rumor sell the news is a simple succinct phrase which will give you guidance right across the range of market asset.

The reason such simple reasoning applies to widely and true for centuries is that it applies to humans who deal the prices and thats key most of the time.   Purely in a logical determination only you are not incorrect to assume less supply brings a higher price.

The explanation is that BTC has speculators, most markets do and they know ahead of time the supply will be lower.   People buy ahead of the news and the price rises in proportion before the event.   This isnt a one off, its almost every time you can expect some similar fashion of movement to this.
agreed that this saying has influenced the whole market to some extent, even I think whenever there's rumour, the price just increased instantly it means people are really trying hard to get ahead of the other in term of timing.
after all if you are early, that means you get best opportunity compared to others and probably gonna make a ton of money moving forward.
but this words especially holds true when it comes to current condition, halving are already hyped up since back then when the price of bitcoin was still sub $40k, i'm sure right now people are more focused on the other thing such as waiting for the rally to finally comes in.

most investors who think that bitcoin will rise immediately after the halving are fomo investors who don't understand bitcoin at all. they think that when they buy it before the halving, they will immediately get a profit, even though what happens is that the price of bitcoin will not immediately rise after the halving.

we just have to wait and see whether these fomo investors will be able to stand it or not seeing bitcoin prices become unstable in the next few months.
agreed with this, but then again if these people honestly have patience to wait for few months they'd be seeing some massive price increase its just matter of time in my opinion that the price just gonna climbs.
the timing currently is just not right so there are many people holding back from further buying probably waiting for the right time.
but it also means that if we are diamond hand, buying right now might works wonder for future.

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