ProjectAnalysis by Chris
💡 What Is Bitcoin Halving? - Sometimes jokingly referred to as "the halvening," there's a major event coming up soon for the world's premier cryptocurrency, bitcoin. At its simplest, bitcoin halving is when the pace of new bitcoin creation is cut in half…
💡 First Halving
- The first official halving (decreasing the block reward to 25BTC per block) happened on November 28th, 2012. Historical data shows that following a large pump in June of 2011, an upward trend began to form in November 2011, approximately one year prior to the halving.
This “pre-halving” uptrend resulted in a +341.90% price increase in Bitcoin, trading at an average of $12.31 per BTC come the first halving in November 2012.
The 1st halving reduced Bitcoin’s daily issuance rate from ~7,200 BTC per day to ~3,600 BTC per day. Almost immediately, Bitcoin then went on to make historic gains as it skyrocketed by almost 8,000% over a year-long period, reaching around $1,000 in late November of 2013. (depending on the exchange data).
Unfortunately, it wasn’t all fun and games. In December 2013, Bitcoin began a multi-year bear market (largely thanks to the infamous Mt. Gox hack) as the asset declined over 80% before investors saw a reversal nearly two years later in October 2015.
- The first official halving (decreasing the block reward to 25BTC per block) happened on November 28th, 2012. Historical data shows that following a large pump in June of 2011, an upward trend began to form in November 2011, approximately one year prior to the halving.
This “pre-halving” uptrend resulted in a +341.90% price increase in Bitcoin, trading at an average of $12.31 per BTC come the first halving in November 2012.
The 1st halving reduced Bitcoin’s daily issuance rate from ~7,200 BTC per day to ~3,600 BTC per day. Almost immediately, Bitcoin then went on to make historic gains as it skyrocketed by almost 8,000% over a year-long period, reaching around $1,000 in late November of 2013. (depending on the exchange data).
Unfortunately, it wasn’t all fun and games. In December 2013, Bitcoin began a multi-year bear market (largely thanks to the infamous Mt. Gox hack) as the asset declined over 80% before investors saw a reversal nearly two years later in October 2015.
ProjectAnalysis by Chris
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💡 Second Halving
- The second official halving (decreasing the block reward to 12.5BTC per block) happened on July 9th, 2016. It’s important to note that the time between the first and second halving was actually 1316 days, or 3.6 years. With this, data shows that an upward trend began to form in October 2015, approximately 9 months prior to the halving.
The “pre-halving” uptrend resulted in Bitcoin increasing 112.0% over the 9 month period and an average trading price of $650 per BTC at the time of halving in July 2016 (52x from the last halving price). The second halving event dropped Bitcoin’s daily issuance rate from ~3,600 BTC to the current ~1,800 BTC per day. This ultimately pushed BTC into the most recent bull run of 2017 where the asset saw a +2,800% increase over the following 18 months. The peak finally hit in mid-December of 2017, with a price just shy of $20,000 BTC (depending on exchange data).
Similar to the previous bear market from the bull run in 2013, Bitcoin went on the drop nearly 80% over a 12 month period where we’re presuming it hit a bottom of around $3,200 in December of 2018.
- The second official halving (decreasing the block reward to 12.5BTC per block) happened on July 9th, 2016. It’s important to note that the time between the first and second halving was actually 1316 days, or 3.6 years. With this, data shows that an upward trend began to form in October 2015, approximately 9 months prior to the halving.
The “pre-halving” uptrend resulted in Bitcoin increasing 112.0% over the 9 month period and an average trading price of $650 per BTC at the time of halving in July 2016 (52x from the last halving price). The second halving event dropped Bitcoin’s daily issuance rate from ~3,600 BTC to the current ~1,800 BTC per day. This ultimately pushed BTC into the most recent bull run of 2017 where the asset saw a +2,800% increase over the following 18 months. The peak finally hit in mid-December of 2017, with a price just shy of $20,000 BTC (depending on exchange data).
Similar to the previous bear market from the bull run in 2013, Bitcoin went on the drop nearly 80% over a 12 month period where we’re presuming it hit a bottom of around $3,200 in December of 2018.
ProjectAnalysis by Chris
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💡 Third Halving
- The third official halving (decreasing the block reward to 6.25BTC per block) is scheduled to happen in approximately 57,455 blocks (based on block height 572545 as of April 20th, 2019). Based on the assumption of 10 minutes per block, the anticipated halving date is set to happen in late May to early June of 2020 (approximately 400 days from now).
If historical data is a good indicator of previous success (traditionally it’s not), I would expect BTC to perform positively this year as we approach the halving event in mid-2020. More specifically, we should expect double-digit or perhaps low triple-digit percentage gains by the end of 2020. If our historical analysis is correct, we’re expecting Bitcoin will likely be trading at around half of the current peak price (approximately $10,000/BTC) with a new expected ATH within 12 to 18 months after the halving event in May 2020.
- The third official halving (decreasing the block reward to 6.25BTC per block) is scheduled to happen in approximately 57,455 blocks (based on block height 572545 as of April 20th, 2019). Based on the assumption of 10 minutes per block, the anticipated halving date is set to happen in late May to early June of 2020 (approximately 400 days from now).
If historical data is a good indicator of previous success (traditionally it’s not), I would expect BTC to perform positively this year as we approach the halving event in mid-2020. More specifically, we should expect double-digit or perhaps low triple-digit percentage gains by the end of 2020. If our historical analysis is correct, we’re expecting Bitcoin will likely be trading at around half of the current peak price (approximately $10,000/BTC) with a new expected ATH within 12 to 18 months after the halving event in May 2020.
Bitcoin Halving: Price Effects and Historical Relevance
The next Bitcoin halving will soon be upon us, and many people expect it to have a positive effect on the Bitcoin price. The third such event in Bitcoin’s history, it’s projected to occur in mid-May of this year.
If you’re unsure how halvings work or why they’re significant, you may also be wondering why they’re relevant to price. In this post, we’ll explain what a Bitcoin halving is, and will look at its historical price impact.
💡 What Is Bitcoin Halving?
https://t.me/ProjectAnalysisChris/220
💡 First Halving
https://t.me/ProjectAnalysisChris/222
💡 Second Halving
https://t.me/ProjectAnalysisChris/225
💡 Third Halving
https://t.me/ProjectAnalysisChris/228
The next Bitcoin halving will soon be upon us, and many people expect it to have a positive effect on the Bitcoin price. The third such event in Bitcoin’s history, it’s projected to occur in mid-May of this year.
If you’re unsure how halvings work or why they’re significant, you may also be wondering why they’re relevant to price. In this post, we’ll explain what a Bitcoin halving is, and will look at its historical price impact.
💡 What Is Bitcoin Halving?
https://t.me/ProjectAnalysisChris/220
💡 First Halving
https://t.me/ProjectAnalysisChris/222
💡 Second Halving
https://t.me/ProjectAnalysisChris/225
💡 Third Halving
https://t.me/ProjectAnalysisChris/228
ProjectAnalysis by Chris
Has 2020 been a better year for you so far in the HYIP industry than 2019?
How will the imminent Bitcoin halving affect the HYIP industry?
Final Results
33%
This is positive and will benefit the HYIP industry
9%
Bitcoin halving doesn't have much impact on HYIPs
58%
This will have a negative affect and HYIPs will suffer
ProjectAnalysis by Chris pinned «How will the imminent Bitcoin halving affect the HYIP industry?»
ProjectAnalysis by Chris
Has 2020 been a better year for you so far in the HYIP industry than 2019?
Given that most people would agree that 2019 as a whole was not really a successful year for the HYIP industry, we saw some outstanding programs OK, but not as many as in previous years, I was wondering how things were going for you in 2020.
Thing is this year is so much different from every other year, like it or not. Financially speaking has it been better for you? The exact question I asked in the last poll was as follows: Has 2020 been a better year for you so far in the HYIP industry than 2019?
It’s a hard one to call since everyone’s experience is going to be different, but for the most part I was happy to see a majority of readers say things have been improving. In fact 41% of you reported “Yes, it’s been more successful” which as a monitor I must say is wonderful to hear. 33% of those who voted say their experience of 2020 so far compared to 2019 has been “About the same, not much difference”. Fair enough. A lot can change I suppose and I can see why some of you might think its still too early to ponder that question. Fingers crossed you will see out the dream where every year gives you more money than the last.
I was surprised at just how high this number was (again basing this on my own stats as a monitor) but the remaining 26% of you voted “No, last year was better for me”. Don’t get me wrong here, if 2019 was a good year for you in the HYIP industry then you have my congratulations, it wasn’t easy, that’s for sure, but like I said there was always a steady stream of good programs running so if you were either smart enough or just plain lucky enough to be in that group then well done! Of course, I would prefer if 2020 was a better year for you, anything can happen, I just want PA readers to earn more money than they spend.
Cheers,
Chris
Thing is this year is so much different from every other year, like it or not. Financially speaking has it been better for you? The exact question I asked in the last poll was as follows: Has 2020 been a better year for you so far in the HYIP industry than 2019?
It’s a hard one to call since everyone’s experience is going to be different, but for the most part I was happy to see a majority of readers say things have been improving. In fact 41% of you reported “Yes, it’s been more successful” which as a monitor I must say is wonderful to hear. 33% of those who voted say their experience of 2020 so far compared to 2019 has been “About the same, not much difference”. Fair enough. A lot can change I suppose and I can see why some of you might think its still too early to ponder that question. Fingers crossed you will see out the dream where every year gives you more money than the last.
I was surprised at just how high this number was (again basing this on my own stats as a monitor) but the remaining 26% of you voted “No, last year was better for me”. Don’t get me wrong here, if 2019 was a good year for you in the HYIP industry then you have my congratulations, it wasn’t easy, that’s for sure, but like I said there was always a steady stream of good programs running so if you were either smart enough or just plain lucky enough to be in that group then well done! Of course, I would prefer if 2020 was a better year for you, anything can happen, I just want PA readers to earn more money than they spend.
Cheers,
Chris
ProjectAnalysis by Chris pinned «Given that most people would agree that 2019 as a whole was not really a successful year for the HYIP industry, we saw some outstanding programs OK, but not as many as in previous years, I was wondering how things were going for you in 2020. Thing is this…»
Thank You, Lord, for another year of life. May You never get tired of giving me guidance and protection. May this upcoming year of my life be poured with Your neverending love. May I always put You in the center of my life and may You help me become Your more worthy servant.
This year has given me so much of learning, I look forward to more experiences, learning, and knowledge moving forward! All the glory is Your, Lord.
Happy Birthday to Me! ❤️
This year has given me so much of learning, I look forward to more experiences, learning, and knowledge moving forward! All the glory is Your, Lord.
Happy Birthday to Me! ❤️
Bitcoin Halving done - Block 630000 mined by Antpool
https://www.blockchain.com/btc/block/000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96d
https://www.blockchain.com/btc/block/000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96d
Hey Team! If you are interested for Group Pooled Investment Funds to aggregate capital from a number of investors, investing as one giant portfolio. Which will cost a minimum of $300. To join,
Please join my group:
https://t.me/joinchat/Q93LVVFaoibRcMeesYX46Q
Or contact me privately:
@ProjectAnalyst
I will be glad to work with you and offer my service and knowledge. 😊
All funds will be invested in crypto and forex market which will I be using to trade with and share profits. Don't worry, everyday I'll be updating and will be transparent providing every trading history I made for the day. 💚
Please join my group:
https://t.me/joinchat/Q93LVVFaoibRcMeesYX46Q
Or contact me privately:
@ProjectAnalyst
I will be glad to work with you and offer my service and knowledge. 😊
All funds will be invested in crypto and forex market which will I be using to trade with and share profits. Don't worry, everyday I'll be updating and will be transparent providing every trading history I made for the day. 💚
Telegram
Project Discussion
My main aim of creating a community is to build a strong trusted bound between we and our community members, and create multiple streams of income. With the aim of having one freaky rich community that can comfortably control any market we invade.
ProjectAnalysis by Chris pinned «Hey Team! If you are interested for Group Pooled Investment Funds to aggregate capital from a number of investors, investing as one giant portfolio. Which will cost a minimum of $300. To join, Please join my group: https://t.me/joinchat/Q93LVVFaoibRcMeesYX46Q…»
ProjectAnalysis by Chris
Hey Team! If you are interested for Group Pooled Investment Funds to aggregate capital from a number of investors, investing as one giant portfolio. Which will cost a minimum of $300. To join, Please join my group: https://t.me/joinchat/Q93LVVFaoibRcMeesYX46Q…
UPDATE: Currently we already have 2 investors. We need 2 more to start this month with trades.
Send me a private message so we can discuss it. @ProjectAnalyst
Send me a private message so we can discuss it. @ProjectAnalyst
ProjectAnalysis by Chris
How will the imminent Bitcoin halving affect the HYIP industry?
I guess it’s time to look at the final results of the most recent opinion poll and replace it with another topical question affecting HYIP industry investors. When I think back on my own years as an investor and independent monitor in the HYIP industry, one of the biggest changes to how things operate has got to be the emergence of cryptocurrencies. BitCoin is the obvious name that comes to most people’s minds when they think of this but it’s by no means the only one. The concept of online HYIPs itself hasn’t changed much, nor do I think it ever will – i.e. investors gamble with a sum of money in the hope of getting a larger sum back. It’s just the mechanics that have gotten more sophisticated. In fact I remember thinking to myself almost immediately after seeing the very first HYIPs that started accepting BitCoin that this was definitely going to be the future path for the industry. The only thing that surprised me was that it took as long as it did to reach a position of dominance, I thought it was going to happen a lot sooner.
It’s been something of a roller coaster ride for many investors however over the years, there’s no denying that, mainly due to such wild and unpredictable exchange rates between BTC and the US dollar. When first created all those years back, it might surprise some people who only got acquainted with BitCoin in recent times that it only cost fractions of a penny to purchase one.
It was a fairly open and shut case with this one, with an even two to one split in opinions. 9% of you think “BitCoin halving doesn’t have much impact on HYIPs” while the remaining 58% of you say “This will have a negative affect and HYIPs will suffer”. For the record, and just to keep things transparent, there was a third option in the poll. You also had the choice to vote “This is positive and will benefit the HYIP industry” that has 33%. I don’t know, perhaps even in matters that HYIP admins have no control over you still have a healthy or at least cautious approach to changes! Personally I don’t vote in my own polls of course, I already know my own opinion and the point of the exercise is to learn yours, but I can see both positives and negatives here. Actually I can see one argument for it benefiting the HYIP industry but only for slow burning longer term projects. Taking rampant inflation out of the picture can also remove so-called over heating, i.e. everyone joining a program together at the same time and then have no new investors coming in later to support cash flow. Then on the other hand… fast growth and fast profits have always been the raison d’etre for shorter term HYIPs and why a large chunk of less patient investors get involved in the first place. Who’s right? Both to a degree but we’ll see in time which has the bigger impact.
But what ever about your experiences with those other programs (if you even had any), the world and the HYIP industry is a very different place today.
Thanks as always to everyone who takes the time and trouble to vote, your participation is always much appreciated and everyone’s opinion is valued equally. The poll will stay open for at least another week or so, at least long enough for everyone who wants to vote to have plenty of time to do so.
Cheers,
Chris
It’s been something of a roller coaster ride for many investors however over the years, there’s no denying that, mainly due to such wild and unpredictable exchange rates between BTC and the US dollar. When first created all those years back, it might surprise some people who only got acquainted with BitCoin in recent times that it only cost fractions of a penny to purchase one.
It was a fairly open and shut case with this one, with an even two to one split in opinions. 9% of you think “BitCoin halving doesn’t have much impact on HYIPs” while the remaining 58% of you say “This will have a negative affect and HYIPs will suffer”. For the record, and just to keep things transparent, there was a third option in the poll. You also had the choice to vote “This is positive and will benefit the HYIP industry” that has 33%. I don’t know, perhaps even in matters that HYIP admins have no control over you still have a healthy or at least cautious approach to changes! Personally I don’t vote in my own polls of course, I already know my own opinion and the point of the exercise is to learn yours, but I can see both positives and negatives here. Actually I can see one argument for it benefiting the HYIP industry but only for slow burning longer term projects. Taking rampant inflation out of the picture can also remove so-called over heating, i.e. everyone joining a program together at the same time and then have no new investors coming in later to support cash flow. Then on the other hand… fast growth and fast profits have always been the raison d’etre for shorter term HYIPs and why a large chunk of less patient investors get involved in the first place. Who’s right? Both to a degree but we’ll see in time which has the bigger impact.
But what ever about your experiences with those other programs (if you even had any), the world and the HYIP industry is a very different place today.
Thanks as always to everyone who takes the time and trouble to vote, your participation is always much appreciated and everyone’s opinion is valued equally. The poll will stay open for at least another week or so, at least long enough for everyone who wants to vote to have plenty of time to do so.
Cheers,
Chris
ProjectAnalysis by Chris pinned «I guess it’s time to look at the final results of the most recent opinion poll and replace it with another topical question affecting HYIP industry investors. When I think back on my own years as an investor and independent monitor in the HYIP industry, one…»