Interesting fact about halving

[bogdanoff 3173]

Seems correct to me and a 11x rise can happen as Bitcoin is in this course right now. Price is unstoppable and we see daily green candles that only point to a higher price and better targets for Bitcoin. We can make $20,000 next month or sooner and mark the beginning of a new era for Bitcoin.

[Moaz 7239]

The impact of the halving of Bitcoin was positive on the price of Bitcoin, and indeed its price increased from $ 9,000 to $ 15,000, and perhaps at the end of this year, the price of Bitcoin may exceed $ 20,000, as many experts expect in the field of crypto.

[JanBomCrypto 494]

On 11/5/2020 at 1:34 PM, saraanna396 said:

The halving event that occurred several months ago helped the bitcoin price recover, and rise again, after the price fell to less than 5k USD during the first months of the year, the price returned to recovery after the halving occurred, and rose again.

It is not halving that caused the price to increase, it is people that are buying bitcoin, maybe these people because of halving can but bitcoin, but it is reflected in the bitcoin market cap that buying is responsible to the price increase. 

[Cleaner 2549]

On 5/1/2020 at 8:33 PM, BitcryptoHan said:

I hope all of us know what bitcoin halving is. Can bitcoin increase in this time of 2020, May halving? I will say yes but will not be like in previous time. 

I

n 2012 to 2013 bitcoin increase from $11 to almost $1100. That is 100x gain. But later it declines to a price slightly below $700. 

In 2016 to 2017, the price of bitcoin increase from $700 to $19,600. That is 30x or more increased. 

 

On 2012 to 2013, the price increase was 100x while the increase was 30x in 2016 to 2017. So this time, the price will increase but may be less than 11x because there may be a constant factor unknown yet that will not let it increase 11x which suppose to be. 

 

Here are some examples of Bitcoin halving prices.  Bitcoin is halving after four years  And after Bitcoin was halved, its price went up a lot.  However, no one can say exactly what the price will be after halving.  However, it was very good to get the previous price increase  But I hope it will get better after halving this time.

[Honny143 13612]

13 hours ago, Cleaner said:

Here are some examples of Bitcoin halving prices.  Bitcoin is halving after four years  And after Bitcoin was halved, its price went up a lot.  However, no one can say exactly what the price will be after halving.  However, it was very good to get the previous price increase  But I hope it will get better after halving this time.

@Cleaner in this year bitcoin halving after bitcoin take some time to pump because of corona crisis, but bitcoin maintain the price pump record,

because now bitcoin price 19,400$ dollars just little away from his previous price 20k$ dollars, may be in up coming weeks bitcoin Cross his highest price and maybe pump more,

but anyhow bitcoin investors earns bag full of  profit because 7 months back bitcoin price 4k$ and now 19k$ dollars, that means how much profit they earn,

this is the power of bitcoin what you think?.

[jackycrypto485 1055]

In fact, many members do not know about halving bitcoin, so I will briefly say Halving is to cut the Bitcoin mining rewards in half, meaning the reward for one Bitcoin block was equivalent to 12.5 BTC after halving became 6.25 BTC.
As for the price now, the price of Bitcoin is 19,500$, while it was before Halving 6,000$, which means that Bitcoin rose by 3.25x but we do not know if it will continue to rise or not, but it is difficult for the price to rise to  11x.

[Cleaner 2549]

1 hour ago, Honny143 said:

 

this is the power of bitcoin what you think?.

@Honny143...Bitcoin is pumping so much day by day that it is unimaginable.  Cryptocurrency is a kind of magic.  Those who have invested and traded with cryptocurrencies to this day can never be poor.  The crypto world has greatly benefited all users.  But we have to acquire all the knowledge in the crypto world so that we can benefit better  And hey bitcoin is a force.  Because its price has pumped very well in the last few years.  And those who have invested with Bitcoin in the past few months have benefited a lot today.  So I think Bitcoin is a kind of power for users in the crypto world.

[Honny143 13612]

38 minutes ago, Cleaner said:

@Honny143...Bitcoin is pumping so much day by day that it is unimaginable.  Cryptocurrency is a kind of magic.  Those who have invested and traded with cryptocurrencies to this day can never be poor.  The crypto world has greatly benefited all users.  But we have to acquire all the knowledge in the crypto world so that we can benefit better  And hey bitcoin is a force.  Because its price has pumped very well in the last few years.  And those who have invested with Bitcoin in the past few months have benefited a lot today.  So I think Bitcoin is a kind of power for users in the crypto world.

Yes @Cleaner  during corona crisis who believes in bitcoin and buy at 4k$ price, now he earns 4x profit this amount much more in 7 months we are the witness to see this miracle,

there is on other market gives like this type of profit one and only crypto market do this, but we need to buy coins in right time and as like you mention no one poor in crypto when they do perfect trading and investment its true.

[Cleaner 2549]

35 minutes ago, Honny143 said:

there is on other market gives like this type of profit one and only crypto market do this, but we need to buy coins in right time and as like you mention no one poor in crypto when they do perfect trading and investment its true.

Of course we have to buy the right coins in the crypto world.  Because if you buy the right coins, you will not be able to make a profit.  There are many counterfeit coins in the crypto world so you have to choose the real coins.  We can benefit by investing with Bitcoin.  However, there are many more coins besides bitcoin such as litecoin ethereum xrp

[Michailma 637]

I think that the market prediction in crypto currencies is somehow complicated because sometimes not that kind moving the way you want in the crypto currencies market

[Rosarvx 965]

halving is a phenomenon that happens when the returns of the miners are divided in half, for example the halving event that occurred several months ago helped the Bitcoin price rise again

[KarlJohn1 56]

What I noticed about bitcoin halving, especially this year, bitcoin started to increase until it was about $35000 now. According to what I read online, it has happened like that also in the time paste. Halving is very important because bitcoin always increase in price immediately after halving. 

[cryptovlek 2597]

On 5/1/2020 at 5:33 PM, BitcryptoHan said:

So this time, the price will increase but may be less than 11x because there may be a constant factor unknown yet that will not let it increase 11x which suppose to be. 

 

If this is to be validated then we are at the top, or close to it. Bitcoin is up from $3800 almost 10x so it should be reaching perhaps $40,000 or a little higher to make it to 11x. It could be 12x though or just 9x as we have now. But there are others thinking that price will rise more.

Price of Bitcoin in the beginning of 2016 was around $300 at a minimum. 

[Fixfin 2569]

The halving is in effect and price is rising, we should hope for more increase as there is no difference this time, it is moving as programmed, Bitcoin keeps rising and I think that 10x from the starting point of $10,000 at the time of the halving will happen, and this means $100,000 for Bitcoin.

[Abrar1122 10]

that means the helving of Bitcoin or cryptocurrency is what made the profits on mining or at half and the price on the meanwhile doubles or even more than that

[velasco19 1753]

The halving has been a driver for the price of BTC throughout its history, that reduction causes scarcity and makes BTC a deflationary asset, but the last one occurred last year plus the income of financial institutions has caused a large rise that broke the historic ATH and this bullrun is just beginning.

[Ridam 7455]

Halving has great impact on the price of Bitcoin, as we know the supply is reduced to half after the halving and it's because of the block rewards is decreased by 50% after the halving. I don't think or tend to find out the constant factor for price increase but the demand for Blockchain based product is increasing and according to the btc code, supply is getting reduced which makes the inflation coming doesn't affecting the price unlike the fiat and other assest whose supply is unlimited.

[yonkii 3205]

Bitcoin's price already did a 10x and perhaps it was 11x just between a few months, less than a year. It seems there is some concerns lately because of some rumours coming from Europe and the new ministry of finance in america but I still think this bull run isn't over yet. The following weeks will be very important to determine the movement and I think that at least $30,000 will not break to the downside.

[Goyaa 2414]

The fact that the Bitcoin halving is driving the price up is correct. But Bitcoin's price increase in one halving will differ depending on the crypto market sentiment. 2016 was the year of the most organized halving ever, although the 2020 halving was enough to drive the Bitcoin price higher, it was not 10 times the price before the halving occurred. So we are still waiting for an increase of more than 10 times.

[Sykkuno 2887]

Can we say that the price action ends at $40k during this halving? It could be if regulators take some decisions against cryptocurrencies and restrict them in exchanges, ask for mandatory KYC or proceed with banning them. However, Bitcoin can't be banned, but it can be outlawed in countries. This is a big reason we are not all in, you never know what can happen.

[percare 3192]

We still have all this year to learn about that. It is looking great so far and we are in a bull run right now, although in a difficult spot where things may change, either for the better or for the worse. Being ready for anything is what will make us better traders and observers of the market.

[guatazoo 7150]

The feature of halving thats I know its causes the price of bitcoin to rise is that, when the halving happened, the bitcoin price must fall half of its price, so thats after falling half, there is many people will be interested on buying it so then its price will start rising massively.