SHOULD I CARE ABOUT BITCOIN HALVING

[gunhell16]

People have different definitions of halving. There are others who, when there is a halving, think that the price of Bitcoin is already high. However, the design of the halving is not like that.

Personally, even if the halving is still far away, if I believe that there is a potential crypto, I will immediately dca it until the halving comes and the bull run enters. In short, I don't care about halving, although I knew it happened every 4 years.

[kulkhan]

Obviously Bitcoin halving is big event for bitcoin history. After bitcoin 4th halving  Bitcoin block reword for mainers reduced before halving bitcoin block reword was 6.25 btc now block reword 3.125 so now mining speech decreased.

So i think after running bitcoin price correction, bitcoin price will increase again. Because we know about supply and demand. So bitcoin price will increase there has no doubt.

[MrSpasybo]

Obviously Bitcoin halving is big event for bitcoin history. After bitcoin 4th halving  Bitcoin block reword for mainers reduced before halving bitcoin block reword was 6.25 btc now block reword 3.125 so now mining speech decreased.

So i think after running bitcoin price correction, bitcoin price will increase again. Because we know about supply and demand. So bitcoin price will increase there has no doubt.

In fact, there is an argument that halving no longer has a truly significant impact on BTC price volatility: compared to before halving, we will have 3.125 fewer BTC per block or 450 BTC per day. Compared to over 19M BTC in total circulating supply, this number is not really large and has a limited impact on the price of all BTC on the market. This was also mentioned in 2020 and caused some market anxiety, but the truth is that BTC price continued to rise sharply after the halving due to many drivers.

In this cycle, the story will continue in this way. Halving not only creates a rise in scarcity but is also a time milestone that attracts investor attention. BTC Spot ETFs and its positive impacts are supporting the growth of BTC price, I believe this will be an important driver for us to have an ATH of BTC over $100K in this bullrun.

[de_prof]

In fact, there is no compulsion to make everyone care about the Bitcoin Halving event,... but based on the history of Bitcoin Halving that has occurred, we have encountered a bullish market movement which has caused many holders to gain large profits in a short time. The price pump occurred after the halving... and it clearly made many people experience an increase in their portfolio.

So... anyone has the choice to care or not care about the Bitcoin Halving... and because I want to take advantage of this moment to gain greater profits, I decided to care about the 2024 Bitcoin halving moment this time.

Yeah maybe it will only serves as an indicator of something like an accumulation period for holders. For serious investors I think halving has significance but for us who can do nothing about the event I think we just don't mind it.

In fact, halving is always important for those who have bought bitcoin during the bearish period, to determine what price Bitcoin will reach after the halving. I myself am waiting for the halving because, I planned to buy bitcoin and several altcoins when it experienced a correction and I have done it here, bought solana and BNB

[Wiseman]

The last bitcoins will be mined in just 16 years in 2040, you probably miscalculated it’s just summer because this is the first time I’ve heard about this, I knew that Bitcoin would be mined for about 30 years, we’re just years and this is the first time I’ve heard

I don't know where you got the idea that the last Bitcoins will be mined in 2040, but that is definitely not true. Bitcoin will only have 32 halvings in its history, and we are only at the beginning of this journey, as only 4 of these 32 halvings have been completed. By the way, there will only be the 8th halving completed in 2040, and the reward per block will be 0.1953125 BTC. By then, there will still be 41k Bitcoins that miners will have to mine just for the next 100 years.

Maybe I’m wrong somewhere, but this information is in the public domain, even if I agree with you, I can cite as an example the fact that very few bitcoins are already being mined because more than 90% of them have already been mined, you yourself wrote that in the forties there will be, yes there will be only a small, very small part of bitcoins, I will not mine only if the bitcoins are already betting several million dollars, but will you have such a price for Bitcoin?

[dwyane36]

Maybe I’m wrong somewhere, but this information is in the public domain, even if I agree with you, I can cite as an example the fact that very few bitcoins are already being mined because more than 90% of them have already been mined, you yourself wrote that in the forties there will be, yes there will be only a small, very small part of bitcoins, I will not mine only if the bitcoins are already betting several million dollars, but will you have such a price for Bitcoin?

If we look at the BTC price after the previous halvings, we can see that the difference was huge each time. Now, it's even hard to imagine the BTC price in 2040 and beyond. I'm not sure if the BTC price may be a few million by then, but a few hundred thousand dollars for sure it will be. By the way, if BTC reaches ~$800k, it will equal the gold by market cap.

[armanda90]

Bitcoin price huge correction after halving and I think need to get more attention how important with halving, every halving moment always get opportunity how bitcoin price increasing and this time halving success make bitcoin up significant after dropping under $20k and success make new higher price $73k.
Beside halving each four year but can bring more significant impact how bitcoin easily raise up, many people know about bitcoin when halving moment because most of influencer always promote bitcoin and cryptocurrency during halving moment. Need other moment more bigger than halving and make bitcoin keep raise up.

[Litzki1990]

Bitcoin halving is complete and during this season of halving many investors took different decisions about their investments. There are many investors who sold their investments due to fear of further losses and there are some investors who held on to their investments. If I talk about my plan this halving season I would say this season I held my investment and I trusted the market. The market did not disappoint me as much as I had faith in the market although there was some dumping in the market but I accepted this dumping as such pumping and dumping is a very normal thing in investment. I hope that I can properly implement the plan that I stocked and kept bitcoins during this halving season.

[legend45]

Bitcoin halving is complete and during this season of halving many investors took different decisions about their investments. There are many investors who sold their investments due to fear of further losses and there are some investors who held on to their investments. If I talk about my plan this halving season I would say this season I held my investment and I trusted the market. The market did not disappoint me as much as I had faith in the market although there was some dumping in the market but I accepted this dumping as such pumping and dumping is a very normal thing in investment. I hope that I can properly implement the plan that I stocked and kept bitcoins during this halving season.

I am also still holding my bitcoin and some altcoins at the moment, although I also sold some of my bitcoin when it hit the new ATH at $73K. There are many strategies and decisions that we should be able to take in conditions like this, but it all depends on what decision you choose, hold or sell, the risk is yours.

[Wiseman]

Maybe I’m wrong somewhere, but this information is in the public domain, even if I agree with you, I can cite as an example the fact that very few bitcoins are already being mined because more than 90% of them have already been mined, you yourself wrote that in the forties there will be, yes there will be only a small, very small part of bitcoins, I will not mine only if the bitcoins are already betting several million dollars, but will you have such a price for Bitcoin?

If we look at the BTC price after the previous halvings, we can see that the difference was huge each time. Now, it's even hard to imagine the BTC price in 2040 and beyond. I'm not sure if the BTC price may be a few million by then, but a few hundred thousand dollars for sure it will be. By the way, if BTC reaches ~$800k, it will equal the gold by market cap.

Everything is possible, I won’t argue about this, because if Bitcoin does not disappear, if no one needs it, then the price of mine will in any case rise to a certain value. But this value can only be determined by players in the market; if no one needs it, then Bitcoin is growing and no mining or anything else will help.