Impact of Halving on Bitcoin Mining

[Google+]

The basic nature of bitcoin is high volatility. If we talk about bitcoin volatility, this will exist both before and after the halving, because this volatile nature allows lovers to seek profits from the increase and decrease in the price of bitcoin.

By taking advantage of the very fluctuating bitcoin price movements, we get the opportunity to make quite a large profit. What we need to do is wait for the right time to enter and buy bitcoin at a cheap price when the bearish season occurs.

[NikeFit_7777]

The average cost per bitcoin among quoted mining companies now ( after halving ) is approximately $53,000.

P.S. In theory, do you think miners can manipulate the sale of accumulated bitcoins? What do you think about it? Share your thoughts. Did Halving's expectations satisfy you as a user?

[KingsDen]

Two days ago, it was reported in a crypto related financial news outlet that the Bitcoin halving have officially occured and since I read the report, I've been seeing so many people who basically do not understand what Bitcoin halving is all about trying to invest in Bitcoin because they were basically told that after the halving, the price of Bitcoin is going appreciate significantly. The Bitcoin halving primarily slashes the incentives miners gets as rewards and occurs every four years. So with the halving, the issuance of Bitcoin is going to slow down which as a result will create scarcity effect of Bitcoin in the blockchain. Now that the scarcity effect is created the price of Bitcoin will definitely rise as long as the demand of Bitcoin remains the same or climbs faster than the supply

[Blaze]

The basic nature of bitcoin is high volatility. If we talk about bitcoin volatility, this will exist both before and after the halving, because this volatile nature allows lovers to seek profits from the increase and decrease in the price of bitcoin.

By taking advantage of the very fluctuating bitcoin price movements, we get the opportunity to make quite a large profit. What we need to do is wait for the right time to enter and buy bitcoin at a cheap price when the bearish season occurs.

It seems like it's been too long to wait for bitcoin to collapse, currently the price of bitcoin is still remaining at a high price, there is no bad news that has succeeded in making the price of bitcoin fall deeper. So it's better if you want to make a purchase in bitcoin, you can do it now and don't have to wait any longer.

[gunhell16]

If I base my post on the topic OP made, after the bitcoin halving, the impact it had on the bitcoin fee transaction was actually not good. I know many people complain about the transaction being so expensive that it reaches the amount of $300, and that is a crazy charge for a miner.

If that's the case, there will always be problems due to network traffic. And the bitcoin developers will not make a way to change the system like that. I am pretty sure that bitcoin users will lose a lot in fact and will probably just switch to other cryptocurrencies that also have the potential to rise in the market and are cheap, but the fee is still

[dekafee79]

The basic nature of bitcoin is high volatility. If we talk about bitcoin volatility, this will exist both before and after the halving, because this volatile nature allows lovers to seek profits from the increase and decrease in the price of bitcoin.

By taking advantage of the very fluctuating bitcoin price movements, we get the opportunity to make quite a large profit. What we need to do is wait for the right time to enter and buy bitcoin at a cheap price when the bearish season occurs.

It seems like it's been too long to wait for bitcoin to collapse, currently the price of bitcoin is still remaining at a high price, there is no bad news that has succeeded in making the price of bitcoin fall deeper. So it's better if you want to make a purchase in bitcoin, you can do it now and don't have to wait any longer.

You are right, I am also not sure that Bitcoin will collapse this year and early next year, we will only see a correction that will not lead to Bitcoin collapsing. it's best to buy bitcoin or altcoin now and enjoy the party this time, because we will make a profit this year and next year

[Baofeng]

If I base my post on the topic OP made, after the bitcoin halving, the impact it had on the bitcoin fee transaction was actually not good. I know many people complain about the transaction being so expensive that it reaches the amount of $300, and that is a crazy charge for a miner.

Right, but it's not because of Bitcoin transaction getting high on the halving itself. It's that there are Runes and then there are individuals who wanted to get their inscriptions on that particular block halving.

If that's the case, there will always be problems due to network traffic. And the bitcoin developers will not make a way to change the system like that. I am pretty sure that bitcoin users will lose a lot in fact and will probably just switch to other cryptocurrencies that also have the potential to rise in the market and are cheap, but the fee is still

We don't have issues in the mempool, at least not this big. 10+ sat/vB is already huge for us before, unlike rightn now it has multiply tremendously to even 1000 or more sat/vB which is not good.

[dwyane36]

We don't have issues in the mempool, at least not this big. 10+ sat/vB is already huge for us before, unlike rightn now it has multiply tremendously to even 1000 or more sat/vB which is not good.

The 1k+ sat/vB fee seemed to be only in the first minutes/hours after halving. Now, the minimum fee to include a transaction in the block should be about 190-250 sat/vB, and I think it is still unacceptable for an average user. By the way, the 10 sat/vB fee hasn't been around for a long time, and I would even say that it's a rarity in the Bitcoin network. Most likely, the 30-40 sat/vB fee was more or less acceptable for most users before halving.

[Jamal Aezaz]

It seems like it's been too long to wait for bitcoin to collapse, currently the price of bitcoin is still remaining at a high price, there is no bad news that has succeeded in making the price of bitcoin fall deeper. So it's better if you want to make a purchase in bitcoin, you can do it now and don't have to wait any longer.

The current price is not so high so one can easily buy and invest in Bitcoin if he has money because halving effects have been initiated which will lead the price to hit all the time higher worth and will go higher than this.

65k$ is not a huge gain but I think this is the positive impact of Bitcoin halving which turns the price a little bit elevated. I think nobody should wait more in order to purchase Bitcoin because the market is going to be greener than present.

The market will not collapse so deep in the current year because the bull season is here due to which there will be a surge and as a result of halving we can get outstanding value if we buy at accurate timing and use our patience to reach our destination.

[legend45]

Will this time be different? No.

Something I like about this confident answer, the media nowadays really need money, they have to present news that has a big impact on the world, especially the economy... and the Bitcoin halving is really there. Currently, I still believe that the previous 3x halving cycle will occur again in this fourth halving. I think many people are preparing to welcome the halving this time, that's why I myself shouldn't miss this precious moment.

Then the media wants to take advantage of this condition as a traffic generator for themselves to make money for them too. A win win solution that has a good impact on all elements involved in the Bitcoin halving.

The media always takes advantage of important moments in the economic world, Crypto currency is also an important factor for its fans. Bitcoin halving is quite interesting news to discuss. I am part of the people who are waiting for the impact of the bitcoin halving and are still waiting until now, because I see that it has not had a good impact on bitcoin and altcoins

[Google+]

The media always takes advantage of important moments in the economic world, Crypto currency is also an important factor for its fans. Bitcoin halving is quite interesting news to discuss. I am part of the people who are waiting for the impact of the bitcoin halving and are still waiting until now, because I see that it has not had a good impact on bitcoin and altcoins

Bitcoin halving will always be discussed once every 4 years, if they have passed the halving period then there is nothing interesting anymore, because the next season will definitely be bearish where many coins will collapse. The impact of the halving makes Bitcoin increase due to a cut in the profits from mining Bitcoin, making the price expensive.

[legend45]

The media always takes advantage of important moments in the economic world, Crypto currency is also an important factor for its fans. Bitcoin halving is quite interesting news to discuss. I am part of the people who are waiting for the impact of the bitcoin halving and are still waiting until now, because I see that it has not had a good impact on bitcoin and altcoins

Bitcoin halving will always be discussed once every 4 years, if they have passed the halving period then there is nothing interesting anymore, because the next season will definitely be bearish where many coins will collapse. The impact of the halving makes Bitcoin increase due to a cut in the profits from mining Bitcoin, making the price expensive.

Because Bitcoin halving is exciting to discuss, that's why the media is discussing it. and after the halving, the media will feel quiet. That's natural, because in a bear season, almost all investors are just waiting to buy the bottom position, and plan to hold it for the long term