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[microunit]

Some experts says that the 3rd bitcoin halving will not be as same as the previous ones, as they stress that with previous halvings the miners have most of the bitcoin to sell, but with the 3rd halving most of the bitcoin's are already in circulation in different markets and exchanges, miners will only have smaller amount of bitcoin to sell this time. They also said that bitcoin price might not rise any time soon.

 

[Kalou]

It is obvious that the consequences of the halving are not the same this time. However, I remain convinced that the price will eventually increase. Slower than in previous halving, but it will increase anyway

 

[btcminer]

you are right , time change things , there has been drastic changes from previous halving to now, you can expect many mining farms to shut down especially if the bear market returns

 

[KarthikP]

Oh this is a good information. Then there is a equal chance for bitcoin to even go down like $6000 in the coming days. I thought this halving would increase BTC price

 

[microunit]

Oh this is a good information. Then there is a equal chance for bitcoin to even go down like $6000 in the coming days. I thought this halving would increase BTC price

yeah, but I doubt It will go down as much as that, with the pandemic more and more people are getting aware of bitcoin and cryptocurrency, so even after the pandemic those people might still use bitcoin , more users = more demand

 

[KarthikP]

yeah, but I doubt It will go down as much as that, with the pandemic more and more people are getting aware of bitcoin and cryptocurrency, so even after the pandemic those people might still use bitcoin , more users = more demand

And yeah if there is more deamd , the supply is less. And finally the Bitcoin price goes to moon ($10000+) I hope . Let's wait hopefully holding our coins.

 

[microunit]

And yeah if there is more deamd , the supply is less. And finally the Bitcoin price goes to moon ($10000+) I hope . Let's wait hopefully holding our coins.

Though I think it will still be about months or few years before bitcoin gets really high, unless there will be another influx of new users or some countries promoting cryptocurrencies, we'll just have to observe news every now and then

 

[microunit]

You're right, Bitcoin is not as popular as it used to be, because Bitcoin used to be popular and low in price, Bitcoin has a lot of differences with the former, so there is no similarity between the former Bitcoin Halving and the current Halving.

Bitcoin has been popular because it is the first cryptocurrency just that people before were not that informed as to what is bitcoin and its functionality

 

[KarthikP]

You should nknow that btc halving doesn't mean its price increse but the happening halving proof so well..the 2nd halving makes a huge Change in btc at 2017 and raise up to 17k btc

Yeah you are right. And this bitcoin halving ,may predicted the result that bitcoin may go down in its value,but its almost constant at $9500.

 

[microunit]

You should nknow that btc halving doesn't mean its price increse but the happening halving proof so well..the 2nd halving makes a huge Change in btc at 2017 and raise up to 17k btc

halvening is just the process of slowing down the rate at which the amount of bitcoin is being mined or made available, we can also say that further halvings in the future will have lesser and lesser impact

 

[SCAMEXPOSER]

halvening is just the process of slowing down the rate at which the amount of bitcoin is being mined or made available, we can also say that further halvings in the future will have lesser and lesser impact

It is possible that the future ones may not have much impact to subscribers cos little amount of bitcoin will be released which is insignificant for business moguls.

 

[KarthikP]

Its just occur for btc halving and soon there has a chance it price go down more than 7k..its the effect of btc halving.. Wait for decrease the price

Yeah i am also waiting for price drop like atleast $7000 as you said or maybe even less so we can buy more bitcoins and hold them.

 

[SCAMEXPOSER]

You guys should not be surprised that when the price will be dropping it will be steadily dropping such that people who don't have the patience will loose from their investment, from $7000 instead of a rise it can go $5000 just like the last $3500 point before it shoot again.

 

[Balint098]

The trend after halving is that the price will go up, so you guys should've buy more when the price hover around 5-7,000 USD some months ago.

 

[vizta]

This time bitcoin may not rise much and even it will not go far down. As far as my good knowledge btc price highly depend on electricity cost and the technology. Hence it is the time of scarcity of electricity on less price btc price may not go far low.

 

[microunit]

So you mean btc halving occur when the mining btc increse and if it true then you are right that next halving price will be more low than now

lul what, halving occurs when specific number of blocks in the blockchain are mined, better research it as it is hard to explain it

 

[microunit]

This time bitcoin may not rise much and even it will not go far down. As far as my good knowledge btc price highly depend on electricity cost and the technology. Hence it is the time of scarcity of electricity on less price btc price may not go far low.

again again your wrong, do research or read threads about bitcoin here, electricity doesn't have nothing to do with bitcoin price, supply and demand are the main factor that are driving bitcoin price

 

[Balint098]

As far as my good knowledge btc price highly depend on electricity cost and the technology. Hence it is the time of scarcity of electricity on less price btc price may not go far low.

It depends on how many people use it, how many miners still standing and many other, hard-to-predict factors. Also, in some countries, electricity are cheap so it shouldn't be a problem there.

 

[microunit]

That's definitely true. This halvin has been the worst in my opinion. Previous halvins have experience a great increase in price at an instant but this one barely saw a price rise. Now bitcoin is just increasing as usual but mining became harder

well this is because most of the bitcoin supply are now circulating in the market, on previous halvings most bitcoin supply came from miners who does the mining and basically if they hold those bitcoin supply would not circulate and demand would be high

 

[microunit]

While Bitcoin price correlation appears to be questionable, the latest Bitcoin halving has a direct impact on miners. A number of crypto experts predict that the new halving will imminently trigger miners to shut down generating new Bitcoin as a wide number of mining devices will become outdated.

not really, as some news and even some mining companies stated that some mining hardwares are still applicable as the mining difficulty of bitcoin is lowering