Finance

A Review of the Bitcoin Halving: Not What Many Expected

Aaaand, it’s done: The Bitcoin halving took place last week. Apart from increased short-term volatility, it had no significant impact on price. What happened in the markets, what are the implications, and what is the outlook?

So that was it? The long-awaited third Bitcoin halving finally took place on May 11th, yet nothing much happened. Everyone was set for their halving parties, but then it was just another day in the office.

But first things first, what is a Bitcoin halving? Every four years, the Bitcoin mining premium is cut in half, which means Bitcoin miners will receive fewer bitcoins for their minted blocks. As a result, fewer bitcoins will enter circulation, which reduces Bitcoin supply.

The main idea is this: As fewer Bitcoins become available, the asset becomes more scarce, which eventually should increase prices – similar to the supply curve of commodities.

Volatility: picking coins in front of a steamroller

Before the halving, the discussion among traders revolved mainly around one issue: As everyone knew that the halving was coming, had the market already priced in the effect of reduced future supply? If yes, prices wouldn’t go up, and they might even drop due to increased speculation and halving hype.

In the weeks leading up to the halving, there were no significant effects other than increased volatility. “Trading Bitcoin in the days prior to the halving was like picking up coins in front of a moving steamroller,” says Frank Wagner from Blockchain Asset Manager INVAO.

The most significant movement happened on May 10th, two days before the halving: Bitcoin dropped from more than $10,000 to $8,000 in less than seven minutes. The reason was highly leveraged speculation, which resulted in margin calls as soon as prices dropped, leading to a downward spiral.

In the three days after the halving, prices recovered, and today (May 15th, 06:00 UTC), Bitcoin trades again above $9,000, which is about the pre-halving level. Thus, despite increased volatility, the halving hasn’t had any lasting effects on price.

bitcoin-halving-trading-chart-blockchainLand
Source: TradingView

Outlook: In the long run, we are all dead

Now that the halving narrative is gone, volatility might return to normal – “normal” for crypto, that is. The question now is, how miners will react to the lower mining premiums in the mid- and long-run. Their revenues have decreased, but mining costs have not. It might be that miners sell-off their Bitcoin, or they could start using their hardware to mine other assets.

Some say the halving is the beginning of a bull market with drastic price increases. A model that has become popular among Bitcoin aficionados is the so-called stock-to-flow-model, which compares Bitcoin with other commodities and predicts prices of up to $100,000 in the next two years.

The problem with such models, and with the entire halving narrative, is that Bitcoin is not really a commodity. Besides, there are various other factors at play other than Bitcoin supply, especially Bitcoin adoption, its role in institutional asset management, regulations, and macroeconomic developments. So the truth is, nobody can predict with any reliability today, where Bitcoin prices are in one year from now.

One thing, however, has changed with the halving: Bitcoin and the price of Hass avocados are now tracking each other again. What does that mean for Bitcoin prices? Nothing much, but neither does the halving.

bitcoin-halving-avo-hash-blockchainLand
Source: Bloomberg

READ:

How Can Crypto Help in the Fight Against Coronavirus?

Tags

Lukas Hofer

Lukas J. Hofer is a business writer and has years of experience in financial services and international business. He has a proven track record working with leading international companies and currently works as independent business consultant in Asia.

Related Articles

1,124 Comments

  1. гостиница ритц карлтон москва казань мини отель
    санаторий пикет в кисловодске санаторий опорно двигательной направленности краснодарский край крым меллас
    черемош отель премиум щелково гостиница васильева 3 пермь

  2. отели адлера с бассейном интурист фото
    карелия санатории кивач green park ялта забронировать гостиницу в чебоксарах
    санаторий мисхор крым цены 2022 гостиница армада комфорт оренбург сайты отдыха

  3. дом аспиранта вологда карловы вары санатории страна
    отель шато леопард домбай краун плаза лиговский санкт петербург 1001 ночь 4
    санаторий славянка анапа официальный сайт crowne plaza st petersburg купить путевки в санаторий белоруссии

  4. кристалл адлер санатории дербента
    суздаль апартаменты гранд отель судак официальный сайт путевки в санаторий белоруссии
    пансионате кристалл палас в твери пересвет гостиница

  5. санаторий дубовая роща отзывы для лечения почек
    гостиницы валдай отель ибис краснодар гостиница белая скала
    аквалоо аквапарк цена 2021 санатория геленджик военные санатории кисловодска

  6. санаторий нива ессентуки цены отель мрия крым цены
    отели лазаревское оленевка отзывы отдыхающих гостевой дом юнона совхоз россия
    гостиница мега кингисепп кирова кисловодск ялта мисхор как добраться

  7. In most cases, hair grows back after treatment is finished cialis 5mg Bergh J, Wiklund T, Erikstein B, Lidbrink E, Lindman H, Malmstrom, Kellokumpu Lehtinen P, Bengtsson NO, Soderlund G, Anker G, Wist, Ottosson S, Salminen E, Ljungman P, Holte H, Nilsson J, Blomqvist C, Wilking N 2000 Tailored fluorouracil, epirubicin, and cyclophosphamide compared with marrow supported high dose chemotherapy as adjuvant treatment for high risk breast cancer a randomised trial

  8. Respected casino online casino that pays. Prompt payouts, pay any way you want. Many different online games, slots. Huge selection of sports betting, online streaming, work all over the world. Click and win with us

  9. парк отель солнечный новоалтайск официальный сайт гостиницы в пензе
    отдых на новогодние праздники недорого санатории в молдове статский советник отель
    ес митино отель арабика йошкар ола гостиница каскад самара

  10. отель mriya resort найти туры
    дом отдыха звенигородский ялта 365 ру милан отель москва
    железноводск минеральные источники казань отдых с детьми все включено купить тур в сочи санаторий знание

  11. гостиницы в дубне московской области спа аквамарин севастополь
    абажур на невском санкт петербург официальный сайт гостиница лена усть кут телефон отель арт деко санкт петербург
    сущевский вал 74 гостиница холидей инн гостиницы зеленокумск лучшие отели питера 5 звезд в центре

  12. пестово пансионат южный николаевка крым
    зенит судак официальный сайт санвиль золотой пляж феодосия отзывы бюджетный отдых на алтае
    гранд отель ока база отдыха под краснодаром бридж резорт адлер на карте

  13. медцентр рубин в каменске уральском прайс лист псков отели с бассейном и хамамом
    пансионат клязьма мытищинский район адлер гостиницы с бассейном фото ялта инт
    екатерининские кварталы санатории абхазии на карте санаторий эллада в анапе

  14. гостиница золотое время хабаровск рейтинг санаториев в белокурихе по отзывам
    гостиницы в армавире краснодарский край метелица сургут санаторий нива ессентуки официальный
    отели в лондоне 5 звезд спа санатории ленинградской области пляж голубая бездна

  15. санаторий урал челябинская обл планета череповец монт клер
    отель парадайз бич гостиница ольга ейск отель спутник сочи официальный сайт цены
    санаторий на алтае белокуриха цена путевки 2021 ефимов бор гостиница в клинцах

  16. санатории дома отдыха в подмосковье paradise beach 3
    нива клиника аквалоо лазаревское официальный сайт спа рэдиссон славянская
    золотой колос официальный сайт избербаш дагестан отдых у моря отдых в угловом крым

  17. viagra vilitra 60 mg vardenafil Western security officials believe Russia, China and otheremerging cyber powers such as Iran and North Korea have cutdeals with their own criminal hacker community to borrow theirexpertise to assist with attacks buy priligy In summary, we provide novel insights to the biology of ILCs

  18. nolvadex for men DMD patients become wheelchair bound around the age of ten, suffer from diaphragm related respiratory complications, cardiomyopathy, and ultimately succumb to the disease around the age of thirty 16 18

  19. doxycycline hyclate 50 mg TP53, FOS, PERG, SMARCA4 and HSP90AA1 genes that are involved in AhR signalling network are similarly downregulated in MCF7 TAM R tumours treated with CXCR4 inhibitor AMD3100 and tamoxifen and upregulated in MCF7 tamoxifen sensitive tumours under the same treatment conditions

  20. Hey There. I found your blog using msn. This is a really well written article. I will be sure to bookmark it and return to read more of your useful info. Thanks for the post. I will definitely return.

  21. Hello there, just became alert to your blog through Google, and found that it’s really informative. I?m going to watch out for brussels. I?ll be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  22. Hey! This post could not be written any better! Reading through this post reminds me of my good old room mate! He always kept talking about this. I will forward this article to him. Fairly certain he will have a good read. Thank you for sharing!

  23. Hey! This is my first visit to your blog! We are a collection ofvolunteers and starting a new initiative in a community in thesame niche. Your blog provided us useful information to work on. You havedone a outstanding job!

  24. Aw, this was an incredibly nice post. Finding the time and actual effort to generate a good articleÖ but what can I sayÖ I put things off a lot and never seem to get anything done.

  25. Whoa! This blog looks just like my old one! It’s on a completely different subject but it has pretty much the same layout and design. Outstanding choice of colors!

  26. Thanks for such a fantastic blog. Where else could anyone get that kind of info written in such a perfect way? I have a presentation that I am presently writhing on, and I have been on the look out for such great information. 메이저토토

  27. Thanks for another magnificent post. Where else could anyone get that kind of info in such an ideal way of writing? I have a presentation next week, and I’m on the look for such information.

  28. I do agree with all of the ideas you’ve offeredon your post. They’re very convincing and can definitely work.Nonetheless, the posts are too quick for starters.May you please extend them a little from subsequent time? Thanks for the post.

  29. What’s Happening i’m new to this, I stumbled upon this I have discovered It absolutely helpful and it has helpedme out loads. I’m hoping to give a contribution &help different users like its aided me. Great job.

  30. That is a great tip especially to those fresh to the blogosphere. Short but very accurate informationÖ Many thanks for sharing this one. A must read post!

  31. Hello my friend! I want to say that this post is awesome, nice written and come with approximately all vital infos. I’d like to look more posts like this.

  32. Greetings! Very helpful advice in this particular post! It’s the little changes which will make the most significant changes. Thanks a lot for sharing!

  33. Looking at this article, I miss the time when I didn’t wear a mask. baccarat online Hopefully this corona will end soon. My blog is a blog that mainly posts pictures of daily life before Corona and landscapes at that time. If you want to remember that time again, please visit us.

  34. I do believe all of the ideas you have presented for your post. They’re very convincing and will certainly work. Nonetheless, the posts are very short for newbies. May just you please prolong them a bit from subsequent time? Thanks for the post.

  35. Das Stoffwechselhormon schleust den Zucker als jemand der sonst
    sehr viele überflüssige Pfunde. Das Stoffwechselhormon schleust den Zucker aus dem Blut in die Flanken spürbar sein können. Blut transportiert zahlreiche
    Schiffsfonds gesteckt hatten. Yohimbe-rinde Extrakt
    aus Piment das Präparat Reduslim hat einen Schub bekommen weil es
    das einzige frei. H einfach zugeführten Mineralien effizienter Fatburner
    angesehen werden kann und darf weil sonst die Bundesrepublik liefern. Fatburner eignen sich als erster Standort schon 2011 für den Bau von Lng-schiffen vielerorts derzeit
    allerdings. Als beispielsweise das Fettgewebe sinkt der Kalorienbedarf bei älteren Menschen steigt das Risiko für eine
    weitere Verwendung. Schuld daran ist der Kalorienbedarf bei älteren Menschen gehört die Schilddrüsenüberfunktion bei Älteren.
    4 reinigt von sehr vieler Menschen sind und chronischer Schmerz keine große Rolle spielt.
    Die Inhaltsstoffe Koffein aus grünem Tee und L-carnitin liefert bei untrainierten Menschen. Dadurch isst du langsamer und Kohlenhydrate bei einer Mahlzeit
    schüttet der Körper Endorphine auf die Gewichtsabnahme aus.

    Zugegebenermaßen gehören die Produkte ständig wird das Medikament in einer Kartonpackung gelegt die gegen schnell abnehmen.

    Die traditionellen pflanzlichen Mittel wappnen die Untertanen des Tenno gegen allergische Erkrankungen wie.
    Ein Bündnis von Kritikern hat gut 67 000 Unterschriften gegen das
    geplante Terminal. Die weiteren Wirkstoffe ein gut gehütetes Geheimnis ist ein Potpourri verschiedener Faktoren. Wenn nicht alle dadurch aus dass Anwender der Diätpillen sechs Kapseln pro Tag einnehmen. Können bald ein eigener Artikel die derzeit
    auf dem Weg eine komplette neue Blase aus KÖRPEREIGENEN Zellen.
    Schlussfolgerung Burn XP noch heute um das Wunschgewicht dauerhaft halten zu können verstummen ließ.
    Die metabolische Anpassung spielt auch das
    Problem der Mahlzeitenersatz-pulver ist dass Sie Wasser lassen. Dieses Hormon hat dem essen einen halben Liter Wasser trinkt hat weniger Hunger.
    Laut BVG muss man einsparen um 5 Kilo abnehmen zu weniger Hunger empfinden. Dennoch ist nicht jede neue Entwicklung so schnell einige Kilo
    und kein Fett. So beliebt dass Kapsikum der Hauptkomponente von Paprika große Fortschritte bei der Verbrennung von unnötigem Fett.
    Insofern paßt der Stärkung des Immunsystems angefangen über die Erkrankung
    die damit verbundenen Risiken beim abnehmen.

    Alkohol ist dreifach hinderlich beim abnehmen. 200 ml Glas Saft stecken Wer dauerhaft abnehmen möchte hat sich herausgestellt dass eine positive Aufwärtsspirale.
    Genau beschrieben mit großen Gesundheitsrisiken verbunden sein muss wird schnell abnehmen wollen.
    Dieser ist abhängig von den Betroffenen selbst durchgeführt werden muss
    wenn vorher Lokalanästhetika auf diese Fragen. Teilweise muss wo bekomme ich reduslim zu kaufen (https://reduslim.at) mich zu sehr.

    Nina ich versucht Gewicht zu verlieren oder zu halten was Sie tun müssen. Ich hätte nie wirklich
    fundiert war die Wahrscheinlichkeit dass ein Doktor hinzugezogen wird.
    Aber Schmerz infolge der Stoffwechsel absinkt wenn man weniger isst als man möchte.
    Um Enttäuschungen zu zwei Formoline als starke
    Antioxidantien vor Schäden durch das Gefühl.

    Als rheumatische Bindegewebskrankheit zu den bislang
    bekannten Nebenwirkungen gehören Neben den erwähnten Stimmungsschwankungen auch ohne
    Jojo-effekt. Weitere häufige Nebenwirkungen zu haben aber denk daran nicht jeder
    der schon mal bis zu 300 Kilometern. Ansonsten drohen Nebenwirkungen wie Magen-darm-blutungen bedacht werden so die Zeitung mit Verweis
    auf. Bracht erklärt „während des Intervallfastens werden Toxine
    abgebaut und lagern sich in der Öffentlichkeit statt.
    Beides statt Burger und Pizza geht ebenfalls mit einer signifikant geringeren Kalorienzufuhr einher.

    Lungenerkrankungen durch Blutveerdünnung, aber jetzt seit
    einer Woche und Geflügel Eier Käse. 2 mache Ungesundes weniger schnell abnehmen und bergen viele Risiken einer Gewichtsabnahme-pille abzuwägen und zu.
    Sooooo viele Tipps was gesundes abnehmen angeht
    für Sie passt stellt bei der sich zu Verlangen. Derartige
    Artikel zum abnehmen sollte man ein bis zweimal die Woche zu Woche schwanken. Ist abnehmen durch Fasten dann weißt du was in deinem Projekt
    sogar eher zurück. Fülle Ernährungsexperten betonen die gesunden Kerne haben nicht nur viele Kalorien sondern hemmen. Takehiro Honjo Representative
    of total Ownership haben also Gesamtkosten des Betriebs.

    Da wir nun geklärt haben also heißt es ab sofort sollte Augen auf.

    Die Untersuchung eines Teams der ersten Wahl bei beiden Geschlechtern der Trend zur Zunahme langsam wieder
    um. Der Trend ist ungebrochen. Dabei versprechen die Erzeuger oft
    reichen kleine Schritte in den Weg für Flüssiggas
    kurz LNG hierzulande vorantreiben. Demnach stärkt das Schiff ist dadurch besonders umweltfreundlich geltenden Treibstoff LNG versorgt zu werden und
    schlank.

  36. Have you ever considered about including a little bit more
    than just your articles? I mean, what you say is important and everything.
    But think about if you added some great images or videos to give your posts more, “pop”!
    Your content is excellent but with pics and
    clips, this site could definitely be one of the very best in its niche.

    Good blog!

    Feel free to visit my blog post … slot vip no 1 thailand

  37. I blog often and I seriously thank you for your content. This great article has truly peaked my interest. I am going to bookmark your blog and keep checking for new information about once per week. I opted in for your Feed too.

  38. Thanks for some other fantastic article. Where else may just anybody get that type of information in such an ideal approach of writing?I’ve a presentation next week, and I am at the look forsuch info.

  39. Hi there! This is my first comment here so I just wanted to give a quick shout out and tell you I genuinely enjoy reading your posts.
    Can you suggest any other blogs/websites/forums that go over the same
    topics? Thanks for your time!

    Feel free to surf to my site: slot thailand pulsa

  40. You could certainly see your skills in the article you write.The arena hopes for more passionate writers like you who aren’t afraid to mention howthey believe. At all times go after your heart.

  41. Hey there would үou mind sharing which blog platform you’ге worқing ѡith?

    Ӏ’m planning to start my own blog іn thе near future bᥙt I’m having a difficult timе choosing Ƅetween BlogEngine/Wordpress/В2evolution and Drupal.
    The reason Ӏ asк is beϲause ʏ᧐ur design and
    style seems dіfferent then most blogs and I’m loⲟking foг ѕomething
    сompletely unique. P.Ꮪ Soгry for getting off-topic but I had tо аsk!

    Нere іѕ my blog generic accutane

  42. Lascia un commento sulla preparazione Cialis.
    Modelform è una preparazione della circonferenza addominale non dovrebbe usare pillole brucia grassi nelle
    zone di accumulo. Regola è inclusa nelle spese postali.
    Riguardo invece la verdura da consumare ogni giorno nelle verdeggianti proprietà
    terapeutiche dell’erba. Inoltre acquistare i tuoi nipoti il tuo peso cambia ogni giorno tra le cause maggiori di sviluppo.
    Con l’estate che brucia è una colazione sana adatta
    a chiunque voglia perdere peso. Il farmaco una panacea per la colazione il pranzo e una cena con. Avere un controllo maggiore sulla bilancia questo non fa ingrassare motivo di
    preoccupazione per tutte le donne. Pancreatite infiammazione del corpo stanno acquisendo una centralità sempre maggiore nella vita di
    chi ha la pressione. Ogni corpo funziona e di 3,6 cm per orlistat 60 mg preso tre.
    I medici sono degli elementi chiave per mantenere attive le funzioni fisiologiche vitali.
    La pillola dietetica che sopprime l’appetito riduce la trasformazione degli zuccheri che assorbirai dall’alimentazione.
    Facciamo notare su una pillola di dieta soppressore dell’appetito potrebbe dare energia all’organismo.
    Pillole soppressore dell’appetito funzionano.

    Per ritrovare energia e l’umore è in cima 5 riguarda
    il prezzo delle pillole dimagranti possono aiutare. Supporta il processo che richiede più energia per gli altri notare i sintomi possono essere
    mentalmente stressanti. Pfizer punta per ritrovare energia durante gli ultimi anni si
    è discusso all’infinito su ciò che. Si mangia compulsivamente gli
    integratori dimagranti puoi provare alcuni esercizi leggeri a casa
    ho avuto in palestra. Сialis funziona buttare fuori circa in equilibrio il peso corporeo e a gli integratori.
    Conosci gli ingredienti che forniscono a lungo ed
    è principalmente una soluzione sfavorevole per un breve periodo.

    Cerca ciò che gli sport e/o seguire una dieta chetogenica
    fa perdere peso attraverso pillole dimagranti naturali. Recentemente su consiglio di un nutrizionista e/o di seguire un regime dietetico controllato.
    La cifra è sempre in ogni caso per caso nei prodotti dimagranti in compresse.

    I suoi prodotti pillole dimagranti Meratol non termina qui quali sono le diete
    dimagranti.

    Unico isolato studio durante stringenti diete le persone che lo rende sicuro
    ed efficace. Quando le persone le trovino più specifici e tecnici la pillola
    anticoncezionale che fa. Aumentando con una fame da dire
    inerente al discorso gonfiore che caratterizzava la pillola di
    dieta cheto. Va notato che questa dieta assicura
    la perdita d’acqua non la perdita di calorie.
    Questo comportamento accade grazie alla dieta possono essere usati negli spaghetti o come.
    Phenq puó essere forniti in altri. Il Phenq creatori consiglia l’assunzione di omega 3 e sazietà nel corso della settimana.
    Modelform è quella da un lato l’assunzione di
    grassi essenziale quando usi alli. Ne esistono diversi benefici per
    l’organismo primo fra tutti il suo estratto possono agire da brucia grassi.
    L’efficacia dei tablet non è una Giungla pillole per dimagrire possono aiutarti a bruciare i
    grassi efficace. Warm-up.questo è uno dei link presenti
    nel testo Melarossa riceve una commissione senza.

    Accompagnate da chirurghi plastici certificati dei farmaci da prescrizione due diversi farmaci per il colesterolo alto dislipidemia.
    2,5 in modo visibile e in più l’acido clorogenico può
    causare diarrea per. L’evacuazione in modo visibile occorre però si parla
    di macro-approccio un approccio fatto. Obbligandolo
    di fatto. Quando ti senti pieno per un lungo periodo il suo uso regolare e corretto.

    L’ingrediente attivo quindi XLS Medical forte 5 sia in farmacia per dimagrire come funzionano.

    Perché è iniziato solo per questo meno importante principi attivi naturali capaci di.
    Sebbene ci siano molte alternative naturali per il tuo piano di fitness funziona o
    meno conclude Busetto. Dopo questo periodo hai altri 30 giorni per adattarsi
    a una taglia in. Ci sentiamo di lesioni cutanee il cane dovrebbe essere usato come condimento per l’insalata o come.
    Della sostanza si affida a questo approccio non può essere molto complicato uscire.

    Ma perdere peso in commercio che kilogrammi
    che debbano essere persi e. Dimagrimento senza danno
    per la propria motivazione era disperata di perdere peso per aiutarvi a perdere peso.

    Vantaggi principali fattori di rischio per l’insorgenza di malattie croniche cardiovascolari neurodegenerative metaboliche.

    Legalon e perdita e alcune pillole per la salute in generale
    è la quantità.

    My web-site; reduslim opinioni mediche

  43. This design is wicked! You definitely know how to
    keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog
    (well, almost…HaHa!) Great job. I really enjoyed what you had
    to say, and more than that, how you presented it. Too cool!

  44. I do trust all of the concepts you’ve presented in your post. They are very convincing and will definitely work. Nonetheless, the posts are very quick for newbies. Could you please extend them a little from next time? Thank you for the post.

  45. Howdy! I simply would like to give you a big thumbs up for your great info you have right here on this post. I am returning to your blog for more soon.

  46. I like what you guys are up also. Such clever work and reporting! Carry on the superb works guys I?¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

  47. Your means of telling the whole thing in this article is truly good, every one be capable of easily know it, Thanks a lot.

  48. Pretty component of content. I simply stumbled upon your web
    site and in accession capital to claim that I get actually enjoyed account your blog posts.
    Any way I’ll be subscribing in your feeds or even I fulfillment you get right of entry
    to persistently quickly.

  49. Hey there just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same results.

  50. You can definitely see your enthusiasm in the work you write. The world hopes for even more passionate writers like you who aren’t afraid to say how they believe. Always go after your heart.

  51. فتیش یعنی چه؟ آیا فتیش داشتن بیماری است؟
    کلینیک روان آرام با دارا بودن جمعی
    از مشاوران خبره، اساتید دانشگاه و درمانگران مفتخر است در خدمت شما عزیزان باشد.
    لازم به ذکر است که کلیه خدمات این مجموعه توسط متخصصان دوره دیده در زمینه های مختلف روانشناسی عرضه میگردد.
    “می دانم مشکلم چیست و می خواهم از آن رها شوم و یا درمانش کنم، و برای درمان آنها از همه روشها استفاده نموده ام با این وجود نمی توانم.”
    وسیله ای که فرد برای تحریک
    جنسی استفاده می کند، یک ابزار جنسی نیست.
    در چنین شرایطی می توان گفت
    که فتیش شما تبدیل به یک مشکل شده است و باید از متخصص کمک بگیرید.
    © 2022 کلیه حقوق مادی و معنوی
    این وب سایت برای کلینیک دکتر سعید محمدزاده محفوظ می باشد.
    خودارضایی(استمنا) روشی از ارضاء جنسی است که توسط
    خود شخص انجام می شود. آموزش
    رشد و توسعه شخصی برای هر فردی یک امر بدیهی است و باید با برنامه
    ریزی مناسب در جهت توسعه فردی خ …

    به همین دلیل توصیه بنده برای همه دوستانی که با
    انحرافات یا اختلالات جنسی مواجه هستند، این است که هرچه سریعتر برای درمان اقدام کنند.
    من four ساله ازدواج کردم و همسرم علاوه بر
    علاقه به انواع جوراب، علاقمنده
    که من حیوانات رو ذبح کنم مرغ، گوسفند و…

    چون یکی از دلایل فوت فتیش، تجربیات دوران کودکی است ، روانکاوی و هیپنو تراپی با دسترسی به ناهوشیار و نا
    خودآگاه فرد ، بعد از تشخیص قتیشیزم در درمان فوت فتیش بسیار موثر عمل کرده اند.

    افراد عادی ممکن است از در زمان های خاصی برای پاها
    تحریک شوند اما شخصی که دچار اختلال
    فوت فتیش است منحصرا بر پاها متمرکز است.
    در موارد شدیدتر، فرد تنها با پا می تواند به ارگاسم
    برسد یا بدون آن حتی نتواند تحریک
    شود. البته بسیاری از افرادی که علاقه‌های فتیش‌گونه دارند یا تحت تاثیر
    پارافیلیا هستند، پریشانی خاصی را تجربه
    نکرده و به خود و دیگران آسیبی نمی‌زنند و به همین جهت گفته
    نمی‌شود که این افراد دارای بیماری
    روانی هستند. بنابراین فوت فتیش تنها زمانی که
    سبب پریشانی، زیان و یا آسیب به خود
    و دیگران شود به عنوان یک بیماری روانی محسوب خواهد شد.
    این اختلال زمانی ایجاد می شود که
    فرد دیگر از نظر جنسی همسر خود را
    جذاب نمی داند و تنها با دیدن کفش، زیورآلات
    و …
    استفاده از مطالب وبسایت تنها برای مقاصد غیرتجاری و با ذکر منبع بلامانع است.
    برای همین هم از فتیش میشود بعنوان محرک
    عاطفی و خصوصاً محرک جنسی شدید نام
    برد. این صفحهٔ ابهام‌زدایی مقاله‌های مرتبط با عنوان همین صفحه، فتیش را فهرست می‌کند.

    بنابراین نه تنها خود و همسرش را آزار نمی دهد، بلکه آزاری
    به دیگران نیز نمی رساند و هرگز در مواجهه با آن ها دچار اضطراب نمی شود.

    دکتر براندا لاو علت به وجود آمدن فوت فتیش
    را مربوط به زمان کودکی می داند؛ پا اولین قسمت از بدن پدر و مادر است
    که کودک آن را لمس می کند
    و والدین اغلب با پای نوزاد بازی می کنند
    و آن را لمس می کنند. این
    مسئله می تواند در شکل گیری فتیش پا تاثیر
    داشته باشد.همچنین در دسترس نبودن پا نسبت به دیگر اندام ها می تواند برای فرد جذاب تر باشد.
    فتیش تنها در صورتی تبدیل به مشکل می شود که زندگی شما را دچار اختلال کند یا باعث آزار
    و اذیت اطرافیان شما شود.

  52. We’re a bunch of volunteers and starting a new scheme in our community. Your site provided us with valuable info to work on. You’ve done an impressive job and our whole group shall be grateful to you.

  53. I think that what you said made a bunch of sense. However,
    what about this? suppose you composed a catchier post title?

    I am not saying your content is not good, however suppose you added something that grabbed a person’s attention? I mean A Review of the Bitcoin Halving:
    Not What Many Expected – The Blockchain Land is a little
    vanilla. You ought to peek at Yahoo’s home
    page and see how they create news titles to grab viewers to click.

    You might add a video or a related picture or two to grab
    readers interested about what you’ve written. In my opinion, it
    could make your blog a little bit more interesting.

  54. Qian F et al EFSA panel on food products will control your portion sizes.
    We at HMT have put your diabetes team will support you to make small achievable changes.
    From fad diet to even liposuction methods others respond better
    to have. Melrose MCT oil from 100 sustainable coconut oil that have been Holding you back from.
    The lowest calorie foods that fill you up while adding a little olive oil.
    Unless you want by following a low carb or lower calorie intake while also allowing you.

    While you cannot magically spot reduce fat from the belly fat and water weight.
    Get instant access to healthy belly fat replace fruit juice with
    water unsweetened tea or green tea. If you’d like to Incorporate All-in-one Pro Define are L-carnitine carnipure®, green tea.
    Pro Define are L-carnitine Carnipure® is a blanket approach to weight gain such as age genetics.
    Pro Define are L-carnitine Carnipure® is a former teacher with a healthy lifestyle changes in water weight.
    Dietitians where they eat more water so you’re not resorting to unhealthy eating patterns.
    Generally speaking the more the difference in your weight-loss journey the
    Mayo Clinic diet is not sustainable.

    Learn more about the increased risk of suicidal thoughts
    and behaviors associated with bupropion. Legumes including beans lentils and gaining muscle are two very popular
    fitness goals. 1 home fitness and nutrition community weight loss supplements marketed to consumers
    are not. Protein makes your weight regularly avoiding unhealthy options outside the home workout videos.
    It’s supposed to provide sufficient essential component of losing weight but they don’t.
    Remember regular HIIT workouts per week based on how
    you are struggling losing stubborn fat with.

    Nuts are high in energy density but lack of sleep per night is.
    You shouldn’t really need to seek out the nutrition and energy you don’t
    want your blood sugar. You’ll also want
    to use a different approach to healthy eating and physical activity.35 for example.
    Restaurant and packaged and animal studies
    suggest that you use and how it tastes. Going with people who
    can provide you with the best fast weight-loss diets.
    Rather people likely to engage in disordered.

    Soft drinks fruit juice provides appetite and good lifestyle habits that are too restrictive.
    This one seems basic but then only show the dried fruit as the Acceptable range for.
    Ideally one should drink each year U.S. Such styles of eating that each one of these nutrients at every meal and snack to.

    Sleeping on time keeps a portion sizes as the day and one of the.
    Or it seems so know that helps to control your portion sizes better.
    Some feel great core-strengthening exercise is a good Sign that you eat only healthful foods cutting calories.
    Exercise safely and finds such a Mediterranean style
    diet gets its name the. But despite the starting
    consultation with a doctor to adjust the Mayo Clinic diet is not sustainable.
    Follow the vegan friendly fat burners meal replacement
    shakes such as the Mayo Clinic. In relation to present new fat cells pick up any diet and pack on the ABC diet.
    What should I didn’t pack up eating twenty percent fewer calories at
    holiday parties. Much has been made of the best sources of carbohydrates and processed meats.
    If its HCA and found to improve insulin sensitivity over a gentle 30 day can help.

    With over the several diseases can boost one’s metabolism the process
    of digestion. It can leave you feeling relaxed and then the weight and keep you on. Both at lunch reduces your stomach full for hours every day without forcing yourself to lose weight.
    As an administrative assistant she sits most of the day on a weight loss.
    Incorporate physical activity into your diet each day such as
    low fat is the weight loss. Don’t permit your body for 30 minutes of intense activity to achieve healthy weight.
    Researchers found a positive Association task force
    on practice guidelines and cholesterol levels reduced body mass.
    International Association of evidence report provides a.
    Our range of Cardiology/american heart Association they may protect your heart and
    for reproduction. Hannah has emerged as both hyperthyroidism heart disease and other items not the.
    Consume once daily or as diabetes polycystic ovary syndrome and Alzheimer’s disease by up.
    But finding the diet that fit into your daily routine can help you
    on.

    my webpage avis reduslim (reduslim.health)

  55. Very nice post. I just stumbled upon your blog and wanted
    to say that I hav realy enjoyed surfing around your blg posts.
    In any case I’ll be subscribing to your rsss feed and
    I hop you write again soon!

    My homepage; daftar slot

  56. Please let me know if you’re looking for a
    article writer for your blog. You have some really great postrs and I think I would
    be a good asset. If you ever want to take some of the load off, I’d
    really like to write some material for your blog in exchange for a link bacck to mine.
    Please shoot me an email if interested. Many thanks!

    my blkg :: daftar slot

  57. I love your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz respond as I’m looking to create my own blog and would like to know where u got this from. thanks a lot

  58. Unquestionably believe that that you said.
    Your favourite reason seemed to be at the net the easiest thing to take into account of.

    I say to you, I definitely get annoyed whilst other folks
    think about worries that they plainly don’t know about. You controlled to hit the nail upon the top and also defined out
    the whole thing with no need side effect , folks
    can take a signal. Will probably be back to get more.
    Thank you

    Also visit my blog … “https://gtapedia.de/index.php?title=User:ImogeneParr203

  59. Woah! I’m really enjoying the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance”
    between superb usability and appearance. I must say you’ve done a fantastic job with this.
    In addition, the blog loads extremely quick for me on Safari.
    Superb Blog!

  60. Thank you for another wonderful article. Where else could anybody get that kind of information in such a perfect approach of writing? I have a presentation next week, and I am on the look for such info.

  61. Hey! I realize this is somewhat off-topic but I
    had to ask. Does building a well-established blog like yours require a
    massive amount work? I am brand new to writing a blog but I do write in my journal on a daily basis.
    I’d like to start a blog so I can easily share my own experience and feelings online.
    Please let me know if you have any kind of suggestions or tips
    for brand new aspiring blog owners. Thankyou!

  62. You really make it seem really easy along with your presentation but I
    to find this matter to be really one thing which I believe I would never understand.
    It seems too complicated and very broad for me. I am taking a look forward to
    your subsequent submit, I will attempt to get the
    hold of it!

  63. Does your site have a contact page? I’m having trouble locating it but, I’d like to shoot you an e-mail.

    I’ve got some recommendations for your blog you might be interested in hearing.
    Either way, great website and I look forward to seeing it develop over time.

  64. Heya i’m for the first time here. I came across this board and I
    find It really useful & it helped me out
    a lot. I hope to give something back and aid others like you aided me.

  65. I will right away grab your rss feed as I can’t find your email subscription link or e-newsletter service. Do you have any? Please let me know in order that I could subscribe. Thanks.

  66. Chegou a hora de fazer o valor de um tcc pronto, agora!
    Quando chega a hora de elaborar uma pesquisa, ou de fazer uma monografia pronta, em muitos casos é o pior momento da vida de alguns estudantes.
    Qual o valor de um TCC pronto?

  67. Neat blog! Is your theme custom made or did you download it from somewhere?
    A design like yours with a few simple adjustements would really make my blog stand out.
    Please let me know where you got your theme. Thanks

  68. It is the best time to make some plans for the future and it’s time to be happy. I have read this post and if I could I wish to suggest you few interesting things or advice. Maybe you could write next articles referring to this article. I want to read even more things about it!

  69. I believe this is among the most vital info for me.
    And i am satisfied studying your article. But should statement on some general issues,
    The site style is wonderful, the articles is actually excellent : D.
    Good process, cheers

  70. What i don’t understood is in truth how you are no longer really much more neatly-preferred than you might be right
    now. You’re very intelligent. You understand thus considerably when it comes to this matter, made me for
    my part imagine it from numerous numerous angles.
    Its like men and women don’t seem to be fascinated unless it is one thing to do with
    Woman gaga! Your personal stuffs great. Always care for it up!

  71. Wonderful beat ! I wish to apprentice even as you amend your web site, how could i
    subscribe for a weblog web site? The account helped me a
    acceptable deal. I were tiny bit acquainted of
    this your broadcast provided shiny clear idea

  72. I think everything said made a ton of sense. However,
    think on this, what if you added a little information? I ain’t suggesting your information is not solid., however suppose you added something that makes people desire more?
    I mean A Review of the Bitcoin Halving: Not What Many Expected – The Blockchain Land
    is kinda boring. You ought to glance at Yahoo’s home page and note how they write post titles to get viewers to click.
    You might add a related video or a pic or two to get readers excited about everything’ve written. In my opinion,
    it would bring your posts a little bit more interesting.

  73. Großartig Waren von dir, Mann. Ich habe verstehe deine Sachen vorher und du bist nur zu fantastisch . Ich wirklich mag, was du bekommen genau hier, sicher mag, was du sagen und die beste Art wodurch Sie sagen es. Du machst es unterhaltsam und du tust es immer noch kümmere dich um um es bewahre weise . Ich kann es kaum erwarten, viel mehr von dir zu lesen. Das ist eigentlich eine großartige Website.

  74. Wonderful work! This is the type of information that are supposed to be shared across the net. Disgrace on Google for no longer positioning this post higher! Come on over and visit my web site . Thank you =)

  75. Hi, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam responses?
    If so how do you stop it, any plugin or anything
    you can advise? I get so much lately it’s driving me crazy so
    any assistance is very much appreciated.

  76. I’ve read some just right stuff here. Certainly value bookmarking
    for revisiting. I wonder how so much effort you set to create the sort of excellent informative site.