Recent Posts

Pages: [1] 2 3 ... 10

Crypto-related Sites / Re: StormGain is a crypto trading platform for everyone.

« Last post by stormgain on Today at 11:20:24 AM »

Bitcoin After Halving 2024: What's Next?

With the countdown to the Bitcoin halving event of 2024 underway, the cryptocurrency community eagerly awaits the implications of this milestone. With the halving date drawing near, let's assess the implications of this event and explore its potential impact on Bitcoin's future trajectory and price.

"Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative, and Bitcoin fits the bill. I'm not surprised to see that happening. — James Rickards, investment banker".

What is Bitcoin halving?

Bitcoin halving is an event programmed into the Bitcoin protocol that occurs after every 210,000 blocks mined, which is approximately every four years. During a halving event, the reward that Bitcoin miners receive for validating transactions and adding them to the blockchain is cut in half. This reduction in block rewards serves as a mechanism to control the supply of new bitcoins entering circulation, ultimately contributing to the predetermined limit of 21 million bitcoins.

The process of halving is integral to Bitcoin's deflationary monetary policy, designed to mimic the scarcity characteristic of precious metals like gold. By reducing the rate at which new bitcoins are minted, halving events play a crucial role in managing inflation.

What is Bitcoin halving countdown?

The Bitcoin halving countdown refers to the time remaining until the next scheduled halving event in the Bitcoin network. Various online platforms and websites provide real-time countdown timers, displaying the exact time and date when the next halving is expected to occur. These countdowns are based on the predetermined block height at which the halving will take place, as defined by the Bitcoin protocol.

The Bitcoin halving countdown is closely monitored by the cryptocurrency community due to its potential impact on market dynamics and investor sentiment. As the countdown progresses and the halving event draws nearer, speculation and anticipation often intensify, leading to increased activity in the Bitcoin market.

When is the next Bitcoin halving?

The next halving is due to take place around 20 April 2024. This will be the fourth BTC halving. It will result in a reduction of the block reward to 3.125 BTC per block.

How the halving could impact Bitcoin's price

The halving event can potentially impact Bitcoin's price through several mechanisms.

- Supply reduction. The most immediate impact of halving on the BTC price is a decrease in the rate at which new bitcoins are created. However, it's worth noting that this effect decreases with each subsequent halving.
- Market sentiment. Halving events generate significant media attention and speculation within the cryptocurrency community and beyond. Positive sentiment surrounding the halving may attract new investors and traders who anticipate potential price appreciation. This increased demand could further fuel upward price movements.
- Historical precedence. Previous halving events in Bitcoin's history have been associated with significant price rallies in the months and years following the event. While past performance is not indicative of future results, historical patterns may influence market participants' expectations and behaviour, contributing to price movements around the time of the halving.

Previous Bitcoin halvings and their effect on the BTC price

So far, there have been three Bitcoin halving events, and a fourth is expected soon.

Bitcoin halving dates

The first halving (2012)

The first Bitcoin halving took place on 28 November 2012, reducing the block reward from 50 to 25 bitcoins.

In the months leading up to the halving, speculation and anticipation heightened, with many investors anticipating a bullish trend. Before halving, Bitcoin's price experienced relatively low levels of volatility and trading activity. Following the halving, Bitcoin's price began to steadily rise over the subsequent months, eventually reaching new all-time highs.

The first halving marked the beginning of a significant bull run for Bitcoin, with the price eventually surpassing $1,000 in late 2013.

The second halving (2016)

The second Bitcoin halving occurred on 9 July 2016, reducing the block reward from 25 to 12.5 bitcoins.

Similar to the first halving, anticipation and speculation surrounding the event intensified in the months leading up to the halving date. Post-halving, the price declined for about a month, but then the bull run began, during which Bitcoin's price surged to nearly $20,000 in late 2017.

The third halving (2020)

The third Bitcoin halving took place on 11 May 2020, reducing the block reward from 12.5 to 6.25 bitcoins.

Two months before halving, the crypto market crash occurred due to the Covid-19 pandemic. However, the price managed to recover during the remaining time before the halving. Following the halving, the price moved sideways for a while, but a new bull run began in October 2020, with Bitcoin reaching $69,000 in November 2021.

Predictions for Bitcoin halving 2024

Any predictions regarding the price of cryptocurrencies should be taken with a grain of salt. The same goes for the Bitcoin halving and predictions of what will happen after it in 2024 and beyond. Having said that, it's still possible to make some assumptions about how events may unfold after the fourth halving.

Bitcoin halving 2024 price prediction

Historical analysis of previous Bitcoin halvings reveals recurring patterns and trends that shed light on the potential impact of these events on Bitcoin's price and market dynamics. Although past performance doesn't indicate future results, we can use these patterns as a basis for making predictions about the possible future price of Bitcoin. However, it's important to recognise that market dynamics are complex and are influenced by multiple factors, so predictions based solely on historical data should be approached with caution.

In case the established pattern is repeated, the Bitcoin price is likely to move sideways or even correct for some time after the halving. After that, the bull run will continue and peak approximately by the winter of 2025 at around $150,000-$160,000. The retracement caused by the subsequent bearish trend may bring the price to the levels of $50,000-$65,000.

Will altcoins go up after the Bitcoin halving?

Altcoin prices tend to be highly dependent on the dynamics of Bitcoin's price. If the bull run continues after the halving, altcoins are also expected to go up.

Halving and Bitcoin mining

The reduction in block rewards can have profound implications for miner economics. Since block rewards constitute a significant portion of miners' revenue, the halving event can lead to a decrease in miners' profitability, especially for those operating less efficient mining operations. Miners must adapt to the reduced rewards by optimising their operations, upgrading hardware, or adjusting operational expenses to remain profitable post-halving.

Following a halving event, some miners may choose to exit the network due to decreased profitability. As a result, the network hashrate may decline, leading to longer block times. However, Bitcoin's difficulty adjustment mechanism ensures that the network automatically recalibrates to maintain a target block time of approximately 10 minutes, thereby stabilising the mining ecosystem.

The halving event can lead to shifts in the mining landscape, with some miners ceasing operations while others may continue or increase their mining activities. Miners with access to low-cost electricity and efficient mining hardware are better positioned to weather the post-halving challenges and remain profitable. Consequently, the halving may contribute to centralisation pressures within the mining ecosystem, favouring larger, more established mining operations over smaller participants. However, Bitcoin's growing adoption drives up the price, mitigating the effects of halving and increasing the profitability of mining operations. And Bitcoin's scarcity achieved through the halving mechanism helps with that.

StormGain Analytical Group (https://stormgain.com/)
(platform for trading, exchanging and storing cryptocurrency)

Bitcoin Forum / Re: I am a newbie so I want to know what season I can hold bitcoin.

« Last post by gunhell16 on Today at 11:14:00 AM »

Quote from: Fancode09 on March 26, 2024, 10:06:26 AM

The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?

Basically I want to know about investing strategy.

Do it now. What season are you waiting for? If you have the opportunity to buy bitcoin or crypto, then if you have the opportunity to do so, you should be doing it already. Also, investors should know how to do research first; don't simply believe or get carried away by the hype of what some acquaintances or famous people say.

It's still important to be careful, and you should also choose the top altcoins to buy and not the ones you've just heard or heard from a well-known person or influencer.

Cryptocurrency Trading / Re: How to buy Bitcoin in countries that do not have payment services

« Last post by Litzki1990 on Today at 11:10:30 AM »

Quote from: Aanuoluwatofunmi on March 22, 2024, 09:11:21 PM

Quote from: yhiaali3 on March 22, 2024, 08:41:45 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Isn't it not even better with the use of the p2p network in buying bitcoin than using the payment service, considering that such has even been blocked, the part of the reasons why bitcoin remains the most significant digital currency that the people want is because of its decentralization, so i see the process of using any of the payment services as a means of exposing yourself to the public that am intobitcoin and have invested, because your privacy is not safe.

There are some countries where crypto currency is illegal and people of those countries simply cannot use different exchanges even if they want to because all those exchange IPs are banned from those countries. But those who are investors and those who have such restrictions in the country do not stop at this step of the government but they are looking for alternative ways how they can use all these exchanges in some other way. There are some premium VPNs that are very private and generally use all these exchanges. All exchanges have been banned in India but still people in India have not given up on using crypto currency, if there is a will there is a way.

News related to Crypto / Re: Binance Could Come Back to India by Paying $2M Fine: Report

« Last post by ABCbits on Today at 11:10:27 AM »

Quote from: yhiaali3 on Today at 03:58:37 AM

I don't know why the Indian government asked for such a small fine from Binance when it could have asked for much more and Binance would have definitely paid?

I also wonder about that. After all, i've seen news India fine Google for hundred million dollars few times. But it's possible probably they actually after high tax[1] when someone perform trading on Binance.

[1] https://www.coindesk.com/learn/india-crypto-tax-guide-2022/

Nigerian Languages / Re: Farming airdrops

« Last post by SmartGold01 on Today at 11:05:25 AM »

Wait a bit, I don't get it. Does it mean that anyone how is fully verified on OKX automatically gets the rewards or what?
Sincerely because I have created account over there and make verifications in fact before coming to reply here i had to go check my deposit history to see if this reflects to my accounts but not. Most times mine app doesn't go well, in most cases I have seen some of mining coin not end up listing while some are so much difficult in a way that you can't even have the coin after kyc, just like what happened to Pi-coin many people lost it during not meeting up their kyc processes.

Форум криптовалют - Криптовалюта / Re: Проект Cartesi, application-specific rollup protocol со средой выполнения Linux

« Last post by heyod hewow on Today at 11:04:51 AM »

После успеха предложения Fastlane давайте подведем итоги других интересных игр, созданных с помощью Cartesi.

Bubblewars: полностью децентрализованная MMO, в которой ETH служит массой и сохраняется импульс. Игроки расширяют свои пузыри на бесконечном холсте, поглощая ETH у противников. Эта игра вошла в финал выставки ETHDenver 2024. Посмотреть ее можно на GitHub: github.com/BubbleWars/app

Dazzle: стратегическая онлайн-игра, сочетающая эстетику головоломки с элементами ролевой игры, разработанная Cartesi для честной конкуренции. Погрузитесь в их кампанию Intract на сайте rolluplab.io/dazzle

Arena Mayhem: участвуйте в эпических битвах в этом сетевом файтинге, где пользователи создают гладиаторов и делают ставки с помощью Cartesi Machine, чтобы получить шанс выиграть призы. Узнайте больше на сайте rolluplab.io/arena-mayhem

Rives: исследуйте фэнтезийную консоль на базе сети Cartesi, позволяющую создавать и коллекционировать небольшие игры, увековечивая игровой процесс в истории криптовалют. Откройте для себя игровой процесс DOOM и Snake на сайте rives.io

Cryptopolis: откройте для себя классический SimCity на блокчейне с помощью виртуальной машины Cartesi, сделав легендарную игру децентрализованной. Присоединяйтесь к инновационному проекту Данило Тулера, финалиста онлайн-хакатона ETHGlobal, по адресу rolluplab.io/cryptopolis

Werewolf: погрузитесь в социальную игру, основанную на дедукции и стратегии, созданную на базе Cartesi Machine, обеспечивающую плавный игровой процесс.
Испытайте острые ощущения от охоты наrolluplab.io/cartesi-werewolf

Ultimate Football: выберите команду своей мечты и тактику для моделирования матчей против друзей на базе Cartesi VM, чтобы получить захватывающий футбольный опыт.
Узнайте больше на github.com/MayowaObisesan/ultimate-football-cartesi

NebulaDuel: участвуйте в стратегическом многопользовательском игровом процессе с помощью Nebula Duel, где взаимодействие игроков и стратегический выбор определяют сюжет. Погрузитесь в инновационный алгоритм дуэлей, работающий в Cartesi Machine, на сайте rolluplab.io/nebula-duel

Ultrachess: бросайте вызов другим игрокам или используйте шахматные движки в виде NFT в Ultrachess, созданные на основе Cartesi для обеспечения беспрепятственного игрового процесса. Узнайте больше на сайте rolluplab.io/ultrachess

Shipped Out: участвуйте в децентрализованных сражениях в жанре Tower Defense с помощью Shipipped Out, используя Cartesi для захватывающего игрового процесса. Исследуйте арену и участвуйте в эпических битвах роботов: github.com/augustoteixeira/shipped

Crypto Wallets / Re: Are you using Hardware Wallets?

« Last post by gunhell16 on Today at 11:02:00 AM »

Quote from: dkbit98 on March 08, 2024, 09:21:27 PM

Hardware wallets are much safer option for holding your cryptocurrencies, and there are many options to choose but they are not perfect.

If you are using hardware wallet please tell us the model you have.

If you don't use any hardware wallet can you please state your reasons why.

Well, in the years I've been here, I still don't have a hardware wallet in use, but I only use the Electrum wallet and the Klover Apps wallet at the moment, as well as the Metamask wallet. And in several years of this setup, I haven't faced any issues with them.

But as long as possible, it's good to have a hardware wallet, of course, because there are still other things you can do with it, because apart from the ones I mentioned, I only use USB or flash drives.

News related to Crypto / Re: Judge to Sentence Former FTX Executive Ryan Salame in Late May

« Last post by Z-tight on Today at 10:53:26 AM »

Quote from: Baofeng on April 17, 2024, 11:56:46 PM

No brainer here, Salame will not get what SBF got. It's gonna be less than 25 years for cooperating and pleading guilty for light sentence. I don't what to speculate but less than 10 years for him.

Yeah, less than 10 years sounds reasonable to me and i think it is a good enough punishment, considering what sbf got. I don't think people have interest in how long he and the other culprits get, if he even gets less that 10 years, i don't think anyone will talk about it too much like they did when sbf got just 25 years in prison.

Advertise Your Stuff / Re: Forex and Crypto news from Libertex

« Last post by Libertex on Today at 10:46:01 AM »

Chinese stocks back on radar as regulators bring clarity

For anyone holding Chinese stocks, the past few years have been quite the rollercoaster ride. From the US crackdowns on American depositary receipts (ADRs) to internal Chinese antitrust action against the country's tech giants, equities in the world's second-biggest economy have been under constant pressure.

As a fast-growing market with low correlation with the US and Europe, Chinese stocks were initially seen as a key asset class for risk-tolerant investors looking to diversify and maximise gains over time, but while other markets have enjoyed envious bull runs over the past 3-4 years, China's household tech names have endured a seemingly endless grind lower, followed by a period of post-COVID stagnation.

To put things into perspective, while Amazon has more than doubled in value since the start of 2023, Alibaba was at the exact same level on 17 April 2024 as it was in November 2022. It's a similar story for Tencent Holding and Baidu, which have barely managed to record 10% growth over the same period. But there finally appears to be some light at the end of the tunnel following welcome news from the China Securities Regulatory Commission that a wave of delistings will not be forthcoming. So, does this mean that now's the time to get back into China, and what are the factors that will drive or stunt growth in the rest of 2024?

Regulating fear

As is typically the case, the markets' fear of the implications of new regulation appears to have been exaggerated. This was then amplified further by the relative opacity and unpredictability of the Chinese regulatory environment. In the draft rules released on 12 April, the China Securities Regulatory Commission (CSRC) committed to raising the bar for initial public offerings, forcing unqualified companies to delist and enhancing its oversight of high-frequency trading. This led to a two-day sell-off that saw the market shed almost 10% of its value.

Now, however, the regulator has clarified that the new rules won't, in fact, lead to mass delistings but rather simply weed out "zombie shell companies" and bad actors, ultimately leading to a more transparent market framework and sustainable financial environment.

With precisely such concerns scaring many foreign investors out of Chinese equities, the new legislation could lead to a sustained inflow of international capital over time. The impact of the US's attack on ADRs has already been neutralised by equivalent listings by many affected firms on Hong Kong's Hang Seng. On top of that, given that the effect of last year's amendments to the CCP's Anti-Monopoly Law (AML) has already been baked into prices, the path to growth appears to be clear at last.

Unbeatable value

It's no secret that China's big tech stocks are available at unfathomably attractive prices. This is unsurprising following four years of steady declines. We've already touched upon the fact that Alibaba, Tencent, and Baidu have failed to register any significant growth in the past 18 months, but this is only half of the story.

Let's take Alibaba as an example. The global e-commerce titan is currently trading at an eight-year low of US$69.61 (HK$68), and with a PE ratio of 12.97, it is a veritable steal for a growth stock. At $HK300.80, Tencent similarly hasn't been lower in over six years and represents a 50% discount on its recent ATH. As for Baidu, its share price hasn't been this low (HK$93.10) in more than a decade, and its P/E ratio of 12.47 is almost as low as ultra-safe US value stocks like Wells Fargo and Bank of America.

When we take into account the fact that these companies have arms focusing on hot, scalable sectors like fintech, cloud computing and AI — all in a domestic market of almost 1.5 billion people — it's clear that hyperbolic levels of fear and mistrust are what have kept their share prices artificially low all this time. With evidence to suggest that a combination of new regulation and increased openness from the Chinese authorities could remove many of these investor barriers, we could look back on these opportunities in the same vein as Amazon and Apple stocks after the dot-com bubble.

Trade CFDs with Libertex

Libertex offers CFDs on a wide range of underlying assets, including Chinese and US stocks, commodities, forex, and crypto. The Libertex platform gives you the ability to open long or short positions in stock CFDs, such as Alibaba, Tencent, and Baidu, as well as ETFs like the iShares China Large Cap index. For more information or to create an account of your own, visit www.libertex.com/signup today.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% of retail investor accounts lose money when trading CFDs with this provider. Tight spreads apply. Please check our spreads on the platform. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Other Popular Cryptos / Coins / Re: XMR monero - why not have a subforum?

« Last post by ABCbits on Today at 10:45:05 AM »

Quote from: KingsDen on April 17, 2024, 02:30:40 PM

Quote from: ABCbits on February 08, 2024, 10:52:55 AM
But there's already one under privacy coin section, https://www.altcoinstalks.com/index.php?board=6.0.

It is just that in this forum, it is just easy to give boards and sub boards. Many of these boards lack activities. So what's the essence of clamouring for special boards when everything about this coin can be discussed under privacy coins board.

You're right since currently Monero board have little activity. But i'm not admin or moderator, so all i could say to bring your suggestion to thread What subforums should be removed ?.