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Author Topic: Bitcoin Halving is coming  (Read 5746 times)

Offline WatChe

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Re: Bitcoin Halving is coming
« Reply #30 on: December 22, 2023, 07:02:37 PM »
What we have seen so far is that price goes up after halving and there is fair chance that price will go up after next year halving also. But one thing must be kept in mind that price goes up after 6 to 8 months of halving, that's also we have seen in previous halvings. My estimate is that due to halving we will see results by December next year. DYOR

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Re: Bitcoin Halving is coming
« Reply #30 on: December 22, 2023, 07:02:37 PM »

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Re: Bitcoin Halving is coming
« Reply #31 on: December 22, 2023, 09:29:54 PM »
Will Bitcoin reach $100k after the halving, considering the historical trend where the price of BTC increased by 50-60% after past halvings? What's your opinion on the halving? Are you excited for it?
Well, judging by the extreme price, I think it will reach closer to the price of $50,000 in 2024, if we take the price tag of $100,000, then in my opinion this is not its real price and is greatly inflated by many dreamers. Let's see what price Bitcoin will bring us in 2024

Offline yawar20

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Re: Bitcoin Halving is coming
« Reply #32 on: December 22, 2023, 10:08:35 PM »
Mining Bitcoin has become a popular and exciting endeavor for many individuals over the years, with the potential to earn high profits. However, it is no longer as convenient as it once was. This can be attributed to various factors such as increased difficulty, halving events, and the emergence of new platforms.
Firstly, let's discuss the concept of "difficulty" in Bitcoin mining. As more miners join the network and compete to solve complex mathematical equations to validate transactions, the overall difficulty level increases. This means that miners need more powerful and specialized equipment to mine Bitcoin effectively. In the early days of Bitcoin mining, people could use their personal computers or even laptops to mine coins. But now, sophisticated equipment like ASICs (Application-Specific Integrated Circuits) are necessary for profitable mining.

Additionally, another challenge facing miners is the occurrence of halving events. These events happen approximately every four years and cut down the reward given to miners by half. For example, in 2020, after the third halving event took place, miner rewards were reduced from 12.5 BTC per block to 6.25 BTC per block. This means that miners need to work twice as hard and invest more resources into mining operations just to earn half of what they used to.

In conclusion, it is evident that mining Bitcoin has become increasingly difficult and less convenient than in the past due to factors such as increased difficulty levels, halving events reducing rewards, and new platforms offering alternative methods of validation. However, despite these challenges, there are still opportunities for adventurous individuals willing to dive into this ever-evolving world of cryptocurrency.
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Offline Coinmama7824

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Re: Bitcoin Halving is coming
« Reply #34 on: December 22, 2023, 10:48:50 PM »
I think In the past halvings have caused Bitcoin to soar, frequently experiencing large price rises. Given the 50 to 60% increases in value observed in the past, historical trends suggest that Bitcoin may reach $100k after the halving. The next Bitcoin halving is slated for 2024 while others anticipate it will transcend previous highs to $100,000.
Indeed bitcoin price would one day reach and even exceed 100k but no one knows when, it could be immediate after the halving, it could also be a year or two after, one knows.

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Re: Bitcoin Halving is coming
« Reply #35 on: December 22, 2023, 11:06:31 PM »
What we have seen so far is that price goes up after halving and there is fair chance that price will go up after next year halving also. But one thing must be kept in mind that price goes up after 6 to 8 months of halving, that's also we have seen in previous halvings. My estimate is that due to halving we will see results by December next year. DYOR
If the cycle still matches the bullish era of last season, yes, maybe. because there is a period of time needed for Bitcoin prices to rise after the halving, so usually it doesn't rise that drastically. but what is certain is that previously it had actually started to experience quite a significant increase. It's just that when a few months after halving, usually the next hope is to surpass last season's ATH and celebrate the new ATH as expected. And maybe it will start in Q4 2024. This is certainly eagerly awaited by all parties because this is the golden period so we can no longer miss the moment to take profits. So, stay alert to all possibilities.

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Re: Bitcoin Halving is coming
« Reply #36 on: December 25, 2023, 02:42:58 PM »
What we have seen so far is that price goes up after halving and there is fair chance that price will go up after next year halving also. But one thing must be kept in mind that price goes up after 6 to 8 months of halving, that's also we have seen in previous halvings. My estimate is that due to halving we will see results by December next year. DYOR

I agree , bitcoin halving has been predicted in April 2024, I think we should wait until the end of 2024 and beginning of 2025.
Maybe we will see ATH December 2024 or  January 2025.
It depends on the demand of crypto.
But in my prediction bitcoin will touch ATH at January 2024.
Maybe will touch more 100K USD.
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Re: Bitcoin Halving is coming
« Reply #36 on: December 25, 2023, 02:42:58 PM »


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Re: Bitcoin Halving is coming
« Reply #37 on: December 25, 2023, 03:23:01 PM »
I am really looking forward to that moment, when the halving starts, the rewards that miners get will decrease and this is what makes the coin price rise, the level of difficulty and expensive mining equipment costs, can increase the price of Bitcoin after the Halving.

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Offline WatChe

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Re: Bitcoin Halving is coming
« Reply #38 on: December 25, 2023, 04:09:56 PM »
If the cycle still matches the bullish era of last season, yes, maybe. because there is a period of time needed for Bitcoin prices to rise after the halving, so usually it doesn't rise that drastically. but what is certain is that previously it had actually started to experience quite a significant increase. It's just that when a few months after halving, usually the next hope is to surpass last season's ATH and celebrate the new ATH as expected. And maybe it will start in Q4 2024. This is certainly eagerly awaited by all parties because this is the golden period so we can no longer miss the moment to take profits. So, stay alert to all possibilities.

The halving decreases supply of Bitcoin and it takes time before we start seeing results of demand and supply gap. Already we are seeing bitcoin price increase due to ETF's speculations. Next year halving is also coming up, so yes chances are we may see some new ATH's in Q4. Stay alert and HODL don't sell unless you see the fireworks.

Happy Holidays and Christmas.

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Re: Bitcoin Halving is coming
« Reply #39 on: December 26, 2023, 01:28:54 PM »
I am really looking forward to that moment, when the halving starts, the rewards that miners get will decrease and this is what makes the coin price rise, the level of difficulty and expensive mining equipment costs, can increase the price of Bitcoin after the Halving.

Yeah, everyone wait the bitcoin halving, as we know at the last  bitcoin halving, almost all of crypto currency price will touch ATH.
I think It's the best moment for crypto enthusiast.
Maybe at Q2 the next year 2024.

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Offline Muneeb22

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Re: Bitcoin Halving is coming
« Reply #40 on: December 26, 2023, 01:30:50 PM »
Soon the Bitcoin halving starts and that time the BTC price makes a great pump and it will go high so much. This time the crypto market is down but Bitcoin will start to go high and soon it will touch $100,000 and may be it will also cross this level. Crypto is a life-changing market which already changed so many people's lives.
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Offline KryptoBull

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Re: Bitcoin Halving is coming
« Reply #41 on: December 26, 2023, 03:01:50 PM »
Btc halving will still be the biggest bullish event in 2024 instead of Btc spot Etf, because Btc price has always grown well after each halving without Etf over 10 years. This time will be no different, Btc halving in April will push Btc to new Ath within 12-18 months. I believe that this time Btc will reach the 100K USD price level that we have been waiting for since 2021.

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Re: Bitcoin Halving is coming
« Reply #42 on: December 26, 2023, 03:13:09 PM »
Btc halving will still be the biggest bullish event in 2024 instead of Btc spot Etf, because Btc price has always grown well after each halving without Etf over 10 years. This time will be no different, Btc halving in April will push Btc to new Ath within 12-18 months. I believe that this time Btc will reach the 100K USD price level that we have been waiting for since 2021.

That's right, bitcoin halving will happen at April 2024, let's wait and see
How much bitcoin price will touch new ATH

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Re: Bitcoin Halving is coming
« Reply #43 on: December 26, 2023, 03:30:07 PM »
Btc halving will still be the biggest bullish event in 2024 instead of Btc spot Etf, because Btc price has always grown well after each halving without Etf over 10 years. This time will be no different, Btc halving in April will push Btc to new Ath within 12-18 months. I believe that this time Btc will reach the 100K USD price level that we have been waiting for since 2021.

That's right, bitcoin halving will happen at April 2024, let's wait and see
How much bitcoin price will touch new ATH

Yes, let's wait until then,
to reach a new ATH I think it will happen if there will be a lot of demand later, but let's see later because as we know crypto always gives surprises

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Re: Bitcoin Halving is coming
« Reply #44 on: December 26, 2023, 04:34:01 PM »
What we have seen so far is that price goes up after halving and there is fair chance that price will go up after next year halving also. But one thing must be kept in mind that price goes up after 6 to 8 months of halving, that's also we have seen in previous halvings. My estimate is that due to halving we will see results by December next year. DYOR

In the cases where this is happening in the cryptocurrency market, there is a lot of anxiety that Bitcoin will actually reach 100k each, if in the past Bitcoin's bull run was 69k$ of the percentage of positive result in bitcoin spot ETF approval in Blackrock.

I also believe that this time it seems that the ETF will have approval of the applications that have come up with them in the upcoming halving next year, and I also think that not only Blackrock will be granted approval, but Graryscale will also be given a chance to be approved next year, but I'm not sure.
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