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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Metha Wulandarin on March 01, 2024, 06:53:26 PM

Title: Exactly when will Bitcoin halve
Post by: Metha Wulandarin on March 01, 2024, 06:53:26 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?
Title: Re: Exactly when will Bitcoin halve
Post by: Tribalchief on March 01, 2024, 11:25:54 PM
Quite interesting. From what I have learnt, halving process is initiated after all 210K blocks have been mined. Clearly, no one knows the exact time when all blocks would be mined. The predictions made are based on mathematical calculations, using a specific mining rate/day as a standard for calculation.

(https://www.talkimg.com/images/2024/03/01/ya9LG.jpeg)

From the official Binance X page, they mentioned 50days time, which is based on their proposed calculation. But no one is stating the exact time of that halving. The date given by Binance is clearly a doubt to me. This is quite similar to the half-life of a radioactive element, You can only know the estimated halving date, but won't know the exact time of decay due to several factors that affects radioactive matter.
Title: Re: Exactly when will Bitcoin halve
Post by: pawel7777 on March 01, 2024, 11:37:54 PM
Halvings are determined by blocks not by any precisely specified time and happen every 210,000 blocks. So the next halving will be at block 740,000.
No one is able to predict the exact date and time this will happen, as it depends on the block mining time. Blocks should be mined on average every 10 minutes, but if the difficulty goes up, it will take longer, and if the difficulty goes down (or if we have more mining power) blocks could be mined faster.
Title: Re: Exactly when will Bitcoin halve
Post by: SmartGold01 on March 02, 2024, 12:24:07 PM
Correct me if I am wrong we have less than 55 days to bitcoin halving and it happens every 4 years this estimation is based on currently data displayed on coinmarketcap. And what I understand again after bitcoin halving with often witnessed a strong bear run till the next year before bull run starts.
Title: Re: Exactly when will Bitcoin halve
Post by: bhadz on March 02, 2024, 01:16:53 PM
When you see people tell some days of when the halving is going to happen, it is mostly an estimation. Because the halving will be done based on the blocks and not dates. The halving will happen on 840,000 blocks and that's where they've based their estimation of date. It can happen earlier than those given dates or later on. Every 210,000 blocks, that's when the halving happens which is estimately every 4 years.
Title: Re: Exactly when will Bitcoin halve
Post by: Faisal2202 on March 02, 2024, 06:00:23 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?
Install CMC or go to the website and there you will find the BTC halving timer, once you will click on it, you can see the timer running towards halving. If you found it difficult to navigate, then I am providing you with the direct link to the timer. Besides that, no one could know what will be the exact time, because the halving will occur not according to the timer but according to the blocks being mined.(https://coinmarketcap.com/events/bitcoin-halving/)

If the required amount of blocks will be mined the halving will occur and the time consumption of each block to be mined full is almost equal but sometimes we see a little differentiation in time and that leads to certain doubtfullness in getting the exact time. But I think even if these facts are considered the timer is almost right because there will be no big-time difference only a smaller one that might not affect one, decision-making. Why are you waiting so anxiously about it?
Title: Re: Exactly when will Bitcoin halve
Post by: Cryptsafe on March 02, 2024, 07:10:33 PM
Bitcoin halving from my understanding occurs through blocks and likely not days. The number of days mentioned is just an estimate based on assumptions as many newsletter, crypto experts and influencers have said but if you can check the coinmarketcap you would see for yourself an estimated time count to Bitcoin halving which would occur soonest but nobody knows the actual block count.
Title: Re: Exactly when will Bitcoin halve
Post by: dkbit98 on March 02, 2024, 09:55:05 PM
Don't look the exact date and hour as this could change, better look for how many blocks are remaining to be mined until the reward was changed and reduced.
There is one cool device BTClock that can show all this information in physical format, but you can simply use web page alternative.
For example:
https://watcher.guru/bitcoin-halving
Title: Re: Exactly when will Bitcoin halve
Post by: vegasus on March 02, 2024, 11:39:27 PM
Halvings are determined by blocks not by any precisely specified time and happen every 210,000 blocks. So the next halving will be at block 740,000.
No one is able to predict the exact date and time this will happen, as it depends on the block mining time. Blocks should be mined on average every 10 minutes, but if the difficulty goes up, it will take longer, and if the difficulty goes down (or if we have more mining power) blocks could be mined faster.
Oh I see, that's why if we open several platforms, they will definitely be different from each other. Not because of the date but calculated from the number of blocks. So maybe it can depend on several blocks and confirmation.

Indeed, waiting for the halving time is quite exciting. However, if we look at the current Bitcoin trend, we should think positively about Bitcoin, especially after the halving.
Title: Re: Exactly when will Bitcoin halve
Post by: PX-Z on March 03, 2024, 12:34:13 AM
So maybe it can depend on several blocks and confirmation.
It's a fact, so no need to use "maybe". That's why all websites with bitcoin halving counter are all different plus the timezones it uses. The exact counter is the remaining of number of blocks to be mined.
Title: Re: Exactly when will Bitcoin halve
Post by: bitmover on March 03, 2024, 02:16:58 AM
Halvings are determined by blocks not by any precisely specified time and happen every 210,000 blocks. So the next halving will be at block 740,000.
No one is able to predict the exact date and time this will happen, as it depends on the block mining time. Blocks should be mined on average every 10 minutes, but if the difficulty goes up, it will take longer, and if the difficulty goes down (or if we have more mining power) blocks could be mined faster.

Exactly.

Network adjusts itself every 2016 blocks, so that the no matter how much the  hashrate varies, it will mine approximately one block every 10 minutes, or 2016 blocks every two weeks.

The point is that things are not so exactly,  and halving may occur days later (or before) the expected date.
Title: Re: Exactly when will Bitcoin halve
Post by: Metha Wulandarin on March 03, 2024, 02:36:27 AM
Don't look the exact date and hour as this could change, better look for how many blocks are remaining to be mined until the reward was changed and reduced.
There is one cool device BTClock that can show all this information in physical format, but you can simply use web page alternative.
For example:
https://watcher.guru/bitcoin-halving
Thanks for the information and the alternative web page.
With this I can know when Bitcoin will halving it turns out that my knowledge of Bitcoin is very minimal, maybe because I don't have Bitcoin so I don't find out about Bitcoin and when Bitcoin halving.
What does halving mean, will the supply of Bitcoin be reduced, if it is reduced by how many percent of the supply will be reduced?
Title: Re: Exactly when will Bitcoin halve
Post by: Stompix on March 03, 2024, 01:06:47 PM
What does halving mean, will the supply of Bitcoin be reduced, if it is reduced by how many percent of the supply will be reduced?

The supply will keep growing, the pace at which it grows will be reduced from 900BTC a day to 450BTC a day!

Does no one really know when the Bitcoin halving will happen?

You can do your own math anytime.
840000- current blocks number 832967 (as I type) > 7003 multiply that by 10 minutes and you have the approximative date.
Nobody can now for sure, some big fires at some farms with more than 10% of the hashrate knocked offline and you just incased that by two days.
Title: Re: Exactly when will Bitcoin halve
Post by: Fivestar4everMVP on March 03, 2024, 01:18:33 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?
The information on when exactly bitcoin will halve is all over the place on the internet, if you have a Binance account, Binance have a special slot in their exchange dedicated to the countdown on the coming halving of bitcoin, same also with some other notable platforms like coinmarketcap.com, coingecko and many others.

If you visit coinmarketcap, and go to bitcoin's page, you will find the halving countdown pinned at the top of the page, like as in the screenshot below.
(https://talkimg.com/images/2024/03/03/yH0cC.jpeg)
And the numbers there are based on the time of me writing this comment.
Title: Re: Exactly when will Bitcoin halve
Post by: Metha Wulandarin on March 03, 2024, 08:12:39 PM
What does halving mean, will the supply of Bitcoin be reduced, if it is reduced by how many percent of the supply will be reduced?

The supply will keep growing, the pace at which it grows will be reduced from 900BTC a day to 450BTC a day!

Does no one really know when the Bitcoin halving will happen?

You can do your own math anytime.
840000- current blocks number 832967 (as I type) > 7003 multiply that by 10 minutes and you have the approximative date.
Nobody can now for sure, some big fires at some farms with more than 10% of the hashrate knocked offline and you just incased that by two days.
The max supply of Bitcoin is now 21m BTC from a total supply of 19.64m BTC, will there be more additions, then what is added is the total supply or max supply.
How do you predict that after Bitcoin finishes halving, will it be the same as in 2021, which immediately experienced a considerable decline or will it continue to rise?
Title: Re: Exactly when will Bitcoin halve
Post by: Stompix on March 04, 2024, 01:28:18 PM
The max supply of Bitcoin is now 21m BTC from a total supply of 19.64m BTC, will there be more additions, then what is added is the total supply or max supply.

Maximum supply is maximum possible supply!
If the entire earth drops Bitcoin mining now there will be no bitcoin mined and we'll be stuck  with 19,644,375 BTC and we'll never have 21 mils.
19,644,375 BTC is the current circulating total supply, it will go up by 900 tomorrow, 900 the next day and it will keep growing after the halving by 450!
Common misunderstanding but the maximum supply or the circulating supply of bitcoin will not go down after the halving!

How do you predict that after Bitcoin finishes halving, will it be the same as in 2021, which immediately experienced a considerable decline or will it continue to rise?

Sorry but I don't predict things, Bitcoin has shown to not care about anything so trying to draw TA charts or throwing darts at pieces of paper with the prices on it while blindfolded will be just as precise, trying to guess it is a waste of time.
Title: Re: Exactly when will Bitcoin halve
Post by: Gurujebs on March 04, 2024, 01:52:52 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?

Perhaps you should check coingecko Bitcoin halving landing page. (https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving), you will see the remaining countdown days to Bitcoin halving and the block it is going to happen.

What you need to know is that Bitcoin halving is programmed to happen at block #840,000, as soon as that block is mine, the miners reward is going to be reduce by half and but days to which this can happen may alter since block comfirmation times can change sometimes, it's average for 10 minutes but sometimes, it takes more than that average time for a block to be comfirm, if we have plenty of this occurrences, then block comfirmation time will alter the time of Bitcoin halving. Be using that page to check for the countdown, no need to confuse yourself further.
Title: Re: Exactly when will Bitcoin halve
Post by: bayu7adi on March 04, 2024, 02:48:46 PM
Halvings are determined by blocks not by any precisely specified time and happen every 210,000 blocks. So the next halving will be at block 740,000.
A little correction from me, the correct one is at block 840,000

The easiest and most valid way is, open the Bitcoin blockchain explorer website then wait until the 840,000th block arrives, that's where the halving moment occurs.

For example, I opened mempool.space, it will look like the image below

(https://i.ibb.co/fGSFv70/Screenshot-2024-03-04-204614.png)

Currently, the Bitcoin blockchain is in progress at block 833111, which means it still needs 6899 more blocks to reach block 840,000.

The estimated process for one block is 10 minutes, but that is sometimes faster and sometimes longer, so the estimate will always change depending on how fast or slow the block completion process is by the miner.
Title: Re: Exactly when will Bitcoin halve
Post by: Jamal Aezaz on March 04, 2024, 07:57:48 PM
In cryptocurrency nothing is easy to know before happening so halving is also not easy to predict that on which date it will happen but according to the history and calculations it is estimated that April will be the month in month in which halving will occur.

Some people have share the date of halving but no one knows about the accuracy of that date because all people around us are make assumptions but the reality is hidden yet. Four years are the time period of halving so Four years has been completed so in current year halving will happen in month of April but these are all predictions.
Title: Re: Exactly when will Bitcoin halve
Post by: Fivestar4everMVP on March 04, 2024, 09:42:12 PM
In cryptocurrency nothing is easy to know before happening so halving is also not easy to predict that on which date it will happen but according to the history and calculations it is estimated that April will be the month in month in which halving will occur.

Some people have share the date of halving but no one knows about the accuracy of that date because all people around us are make assumptions but the reality is hidden yet. Four years are the time period of halving so Four years has been completed so in current year halving will happen in month of April but these are all predictions.
Well, sorry but I think you are wrong, if we know how to look through bitcoin blocks, and match it with our current date and time, it's easy to the exact date when the next halving will occur or happen, this I believe what big platfoms like Binance exchange, coinmarketcap and several others have done and have come up with the day in which the next halving will occur, there is already a count down to that date on all the platforms that have researched and confirmed the day the next halving will occur, so for now, I do not see any reason why we can't or should not believe those data and make us of it.
Title: Re: Exactly when will Bitcoin halve
Post by: Stompix on March 05, 2024, 11:49:25 AM
I believe what big platfoms like Binance exchange, coinmarketcap and several others have done and have come up with the day in which the next halving will occur, there is already a count down to that date on all the platforms that have researched and confirmed the day the next halving will occur, so for now, I do not see any reason why we can't or should not believe those data and make us of it.

I see plenty
Archived page of coinmarketcap:
https://archive.ph/hzir0
It says 74 days on January 29, so that is Friday, April 12, 2024
As we speak their calculator says
47 Days 11 Hours that would be  Saturday April 20, 2024!

Also funny, Binance says 45 DAYS 06 hours from now, so at least one of them will be wrong!

Why would you trust Binance or CMC on this? Just because they are famous website?
NOBODY can predict that date accurately, NOBODY!
Title: Re: Exactly when will Bitcoin halve
Post by: Google+ on March 06, 2024, 11:52:23 AM
Well, sorry but I think you are wrong, if we know how to look through bitcoin blocks, and match it with our current date and time, it's easy to the exact date when the next halving will occur or happen, this I believe what big platfoms like Binance exchange, coinmarketcap and several others have done and have come up with the day in which the next halving will occur, there is already a count down to that date on all the platforms that have researched and confirmed the day the next halving will occur, so for now, I do not see any reason why we can't or should not believe those data and make us of it.
It has been provided by coinmarketcap to see when the halving will occur, but the most important thing for me is not the halving which will occur in the next few days but I am really waiting for the bull run which usually occurs after the halving occurs as happened in 2021. because when a halving occurs there are usually no significant changes until a year later the bull run starts, I have noticed circulation like that from several halvings ago.
Title: Re: Exactly when will Bitcoin halve
Post by: pawel7777 on April 13, 2024, 12:43:45 AM
(...)
A little correction from me, the correct one is at block 840,000
(...)

I stand corrected, thanks. Got my info from a quick google search, which turned out to be off by 100k blocks  ;D

Anyhow, we're estimated to be almost exactly one week from the halving. The price is taking a beating with over 7% dump in a space of 6 hours, but looks like is slowly climbing up again.
Title: Re: Exactly when will Bitcoin halve
Post by: Lucius on April 14, 2024, 03:33:42 PM
~snip~
Why would you trust Binance or CMC on this? Just because they are famous website?
NOBODY can predict that date accurately, NOBODY!


Maybe because the owner is the same, and for many crypto lovers, CZ is the messiah who will save us all from poverty and take us to the promised land of prosperity where honey and milk flow ::)

Honestly, I thought that the halving would become less important with time, but it is obviously the only constant that we can (somewhat) predict when it comes to Bitcoin, so people still focus on that one point as some kind of start from which everything starts. It's not that the thing is completely pointless, but when you experience 2 halvings, then the third one isn't so fascinating anymore, right?
Title: Re: Exactly when will Bitcoin halve
Post by: Crwth on April 14, 2024, 03:49:49 PM
Why would this be relevant anyway? To a typical member or user of cryptocurrency, what's the point in knowing the exact time? I think it's important for miners but normal users don't really affect in terms of what's it's going to do.
Title: Re: Exactly when will Bitcoin halve
Post by: Metha Wulandarin on April 14, 2024, 05:33:50 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?

Perhaps you should check coingecko Bitcoin halving landing page. (https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving), you will see the remaining countdown days to Bitcoin halving and the block it is going to happen.

What you need to know is that Bitcoin halving is programmed to happen at block #840,000, as soon as that block is mine, the miners reward is going to be reduce by half and but days to which this can happen may alter since block comfirmation times can change sometimes, it's average for 10 minutes but sometimes, it takes more than that average time for a block to be comfirm, if we have plenty of this occurrences, then block comfirmation time will alter the time of Bitcoin halving. Be using that page to check for the countdown, no need to confuse yourself further.
I think Bitcoin halving this year will just be a meaningless word, if the news about the Western world is not good then Bitcoin will continue to be red, there will be a lot of Bitcoin sales and not just Bitcoin but other crypto coins as well.
The current Bitcoin cannot be described by indicators or candles because they are useless if the elites have moved in.
Title: Re: Exactly when will Bitcoin halve
Post by: jeraldskie11 on April 14, 2024, 08:07:04 PM
Of the many OPs discussing Bitcoin on the Bitcoin board and this that I have read, no one has confirmed when the Bitcoin halving will occur, all I found were words of uncertainty.
Does no one really know when the Bitcoin halving will happen?

Perhaps you should check coingecko Bitcoin halving landing page. (https://www.coingecko.com/en/coins/bitcoin/bitcoin-halving), you will see the remaining countdown days to Bitcoin halving and the block it is going to happen.

What you need to know is that Bitcoin halving is programmed to happen at block #840,000, as soon as that block is mine, the miners reward is going to be reduce by half and but days to which this can happen may alter since block comfirmation times can change sometimes, it's average for 10 minutes but sometimes, it takes more than that average time for a block to be comfirm, if we have plenty of this occurrences, then block comfirmation time will alter the time of Bitcoin halving. Be using that page to check for the countdown, no need to confuse yourself further.
I think Bitcoin halving this year will just be a meaningless word, if the news about the Western world is not good then Bitcoin will continue to be red, there will be a lot of Bitcoin sales and not just Bitcoin but other crypto coins as well.
The current Bitcoin cannot be described by indicators or candles because they are useless if the elites have moved in.
Bitcoin halving isn't useless. If there is no halving, it will accelerate the mining of the remaining coins. Also, if there's no Bitcoin halving, no new ATH will be created. The history of halving indicates that the price will explode. This is what most investors are looking for because the potential profit is huge. We are very excited for the halving and hope that everything we expect will materialize.
Title: Re: Exactly when will Bitcoin halve
Post by: Z-tight on April 14, 2024, 08:37:54 PM
I think Bitcoin halving this year will just be a meaningless word, if the news about the Western world is not good then Bitcoin will continue to be red, there will be a lot of Bitcoin sales and not just Bitcoin but other crypto coins as well.
Since Iran striked Isreal, so many people have been saying this is why BTC price is down and how it would keep the price down, but i seem to disagree, i just think this price correction will be for a very short time and would not be significant.

There's been good events for BTC so far this year, especially with the spot etf approval in the U.S market, so i don't think one 'negative' news can keep the price of BTC down for a very long time.
Title: Re: Exactly when will Bitcoin halve
Post by: MrSpasybo on April 14, 2024, 09:09:06 PM
Since Iran striked Isreal, so many people have been saying this is why BTC price is down and how it would keep the price down, but i seem to disagree, i just think this price correction will be for a very short time and would not be significant.

There's been good events for BTC so far this year, especially with the spot etf approval in the U.S market, so i don't think one 'negative' news can keep the price of BTC down for a very long time.
Whenever there is a significant fluctuation in the price of BTC, we often seek the reasons behind it. War, FED statements, and presidential elections are often cited, but I believe these are just one part of what drives BTC price adjustments. Another part comes from the intrinsic nature of BTC itself: BTC price has been rising continuously since late 2022, creating uncertainty in the market. The number of profitable BTC is above 90% (on-chain data), which could suggest a reversal for reaccumulation before BTC can resume its growth.

Some argue that the positive impact of halving has already been absorbed into the BTC price, and that halving could be a sell-the-news event: we may see a slight decrease in the BTC price followed by sideways movement after halving instead of strong growth as scarcity increases. We will wait to confirm this hypothesis on April 19th.
Title: Re: Exactly when will Bitcoin halve
Post by: Dr.Bitcoin_Strange on April 14, 2024, 11:08:54 PM
Quite interesting. From what I have learnt, halving process is initiated after all 210K blocks have been mined. Clearly, no one knows the exact time when all blocks would be mined. The predictions made are based on mathematical calculations, using a specific mining rate/day as a standard for calculation.

I agree with you. If anybody actually knows the time, minutes, and seconds that halving will actually take place, then they will just say it in their post. I have lost count of how many topics I have seen on this forum and the other forum about people saying that halving is just a month away, just a week away, and just some days to go  like the OP said, but no one can know when this will happen. All we can say is that halving is going to take place this month when the number of blocks hits 740,000. So, we are expecting it sooner or later. Some people are already saying that it's going to happen on the 17th of this month. 
Title: Re: Exactly when will Bitcoin halve
Post by: UNIVERSE on April 14, 2024, 11:39:09 PM
I think Bitcoin halving this year will just be a meaningless word, if the news about the Western world is not good then Bitcoin will continue to be red, there will be a lot of Bitcoin sales and not just Bitcoin but other crypto coins as well.
Since Iran striked Isreal, so many people have been saying this is why BTC price is down and how it would keep the price down, but i seem to disagree, i just think this price correction will be for a very short time and would not be significant.

There's been good events for BTC so far this year, especially with the spot etf approval in the U.S market, so i don't think one 'negative' news can keep the price of BTC down for a very long time.
Indeed, when FUD and various bad news or rumors are spread, this will definitely cause the market to fall. Yes, as long as there aren't too many people who are crazy, it won't last long. Indeed, sometimes the market is very easy to manipulate, whether it is or not, but FUF is really needed to strengthen the market correction and at that time, many parties will harvest by buying cryptocurrency in large quantities, at lower prices, before the bullish era. I'm still very sure if this is part of a correction or just a temporary issue. just like in the past when Ukraine and Russia were one of the leading countries in other countries. Later Bitcoin will rise again. especially when it comes to skill, and this usually has a very big impact. Just be patient and let's wait for the progress, if you have money, this is actually a good time to buy and accumulate before it goes up again.
Title: Re: Exactly when will Bitcoin halve
Post by: Baofeng on April 14, 2024, 11:43:31 PM
Why would this be relevant anyway? To a typical member or user of cryptocurrency, what's the point in knowing the exact time? I think it's important for miners but normal users don't really affect in terms of what's it's going to do.

I guess for newbies, they want to know the exact date, maybe they want to watch how everything goes, what is exactly that is going to happen in the halving. There are even block halving party if I recall, it's like a New Year countdown in Times Square,  :).

And for the miners, they might have to adjust everything before the halving itself or there could be miners going to turn off their machines for good after the halving.

This also happens once every 4 years, so everyone wants to keep tab on it.
Title: Re: Exactly when will Bitcoin halve
Post by: TopT3ns on April 16, 2024, 04:58:34 PM
I guess for newbies, they want to know the exact date, maybe they want to watch how everything goes, what is exactly that is going to happen in the halving. There are even block halving party if I recall, it's like a New Year countdown in Times Square,  :).

And for the miners, they might have to adjust everything before the halving itself or there could be miners going to turn off their machines for good after the halving.

This also happens once every 4 years, so everyone wants to keep tab on it.
That's right, miners have prepared a lot of bitcoin that they are ready to sell when the price rises again to $70k. They will make the market collapse again armed with some bad news that has occurred so that many people will not know that they are miners who often cause the price of bitcoin in the market to collapse.
Title: Re: Exactly when will Bitcoin halve
Post by: rizqillah on April 17, 2024, 04:59:03 AM
I guess for newbies, they want to know the exact date, maybe they want to watch how everything goes, what is exactly that is going to happen in the halving. There are even block halving party if I recall, it's like a New Year countdown in Times Square,  :).

And for the miners, they might have to adjust everything before the halving itself or there could be miners going to turn off their machines for good after the halving.

This also happens once every 4 years, so everyone wants to keep tab on it.
That's right, miners have prepared a lot of bitcoin that they are ready to sell when the price rises again to $70k. They will make the market collapse again armed with some bad news that has occurred so that many people will not know that they are miners who often cause the price of bitcoin in the market to collapse.
Even though miners will sell their bitcoin in large amounts and cause the price of bitcoin to collapse, I think big investors will take advantage of that moment by buying bitcoin in large amounts and then manipulating the market so that the price of bitcoin rises again. I think that's what will happen
Title: Re: Exactly when will Bitcoin halve
Post by: pacar_tiri on April 18, 2024, 07:04:16 AM
Even though miners will sell their bitcoin in large amounts and cause the price of bitcoin to collapse, I think big investors will take advantage of that moment by buying bitcoin in large amounts and then manipulating the market so that the price of bitcoin rises again. I think that's what will happen
Exactly, there is a possibility that investors will take advantage of that moment to buy more bitcoin when the price falls quite deeply. But you have to remember that sometimes investors are also baited to panic and sell their assets at low prices. Usually those who manipulate coin prices in the market are not investors, but rather whales who have unlimited capital.
Title: Re: Exactly when will Bitcoin halve
Post by: Charles-Tim on April 18, 2024, 10:04:02 AM
Bitcoin halving is just less than two days to occur. Block 839741 was just mined some minutes ago. It is getting closer to block 839999/840000.

Even though miners will sell their bitcoin in large amounts and cause the price of bitcoin to collapse, I think big investors will take advantage of that moment by buying bitcoin in large amounts and then manipulating the market so that the price of bitcoin rises again. I think that's what will happen
What makes you think that miners will sell their bitcoin? What if many miners are holding their coins as the mining reward has become lower after halving which can trigger another bull run.

Title: Re: Exactly when will Bitcoin halve
Post by: 0t3p0t on April 18, 2024, 10:42:36 AM
So maybe it can depend on several blocks and confirmation.
It's a fact, so no need to use "maybe". That's why all websites with bitcoin halving counter are all different plus the timezones it uses. The exact counter is the remaining of number of blocks to be mined.
This is for me more accurate than speculating when is the exact time and date  halving will occur or happen. I am also get confused to when since a lot ocounters I can see that is pretty different but now it's clear as crystal.
Title: Re: Exactly when will Bitcoin halve
Post by: rizqillah on April 18, 2024, 10:55:29 AM
Bitcoin halving is just less than two days to occur. Block 839741 was just mined some minutes ago. It is getting closer to block 839999/840000.

Even though miners will sell their bitcoin in large amounts and cause the price of bitcoin to collapse, I think big investors will take advantage of that moment by buying bitcoin in large amounts and then manipulating the market so that the price of bitcoin rises again. I think that's what will happen
What makes you think that miners will sell their bitcoin? What if many miners are holding their coins as the mining reward has become lower after halving which can trigger another bull run.
If miners hold their bitcoins, of course that is very good for bitcoin, anything can happen. but usually corrections will still occur when bitcoin halving and whales will manipulate prices, they want to buy bitcoin at a cheaper price before bitcoin reaches its highest price.
Title: Re: Exactly when will Bitcoin halve
Post by: kulkhan on April 18, 2024, 10:10:01 PM
Only one day Left for Bitcoin halving. We know 20th April 2024 will happen Bitcoin halving. I think huge people waiting for this halving I am aspecting minimum 60% price will increase within next one year.
Countdown for Bitcoin halving : 20th April 2024. Only 1 days left.