49 days till the halving, time is flying now - page 11.

1Referee

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Quote from: Amph on May 22, 2016, 07:55:00 AM

nothing will happen at the halving, at this point i'm expecting something major later this year or even early 2017

Beside the block halving and perhaps a very short lasting price increase due to the block size being increased, nothing interesting will happen the rest of this year and next year.

Denker

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Quote from: MaritiJames3 on May 23, 2016, 02:19:29 AM

Is it really true that the halving is going to start over 49 days because I am not sure if it is going to happen. If the halving is going to start then the price is going to be cheaper I believe. This is better for the people that want to invest more and and not have much money to spend.

Halving just means that the block reward gets cut in half.That's it!!And this will happen!!
Anything else you are talking is pure price speculation.
If we assume that demand stays the same and only 1800 coins get new created each day we will see a price increase over the long run.
And your last sentence is pure nonsense. People who really want to invest in Bitcoin will do so whenever they can.
But again you are talking about speculation!!Buy as cheap as you can and maybe sell for a bit more profit.Speculation and an investment are two different things.

lottery248

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beware of your keys.

the following halving day will be longer or even shorter, depends on people paying the fee. i am not sure if there are a major effect of bitcoin halving, because demand is not based on GH active, you know. centralization will not give a decent effect to bitcoin.

rancidgash

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Quote from: Dekker3D on May 23, 2016, 02:27:56 AM

Quote from: MaritiJames3 on May 23, 2016, 02:19:29 AM

Is it really true that the halving is going to start over 49 days because I am not sure if it is going to happen. If the halving is going to start then the price is going to be cheaper I believe. This is better for the people that want to invest more and and not have much money to spend.

Yes, actually bringing the price down prior to halving is also possible if wanted by the whales so that even if it goes to double due to the effect of halving then the price wont be too high.

No one knows exactly what will happen when will comes halving. Investors do not like situations like this, so I foresee that in the near future the price of Bitcoin will fall .. not much, but i don't expect growth in next 2 - 3 weeks.

n0ne

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Quote from: wuvdoll on May 23, 2016, 02:12:47 AM

Quote from: Amph on May 22, 2016, 07:55:00 AM

nothing will happen at the halving, at this point i'm expecting something major later this year or even early 2017

I feel the same and unless there is some big controversy like last year we had the auction, we could expect nothing positive this year as well. 2016 is half over and may be by December, we can expect a rise and fall.

We can't say it blankly. At least a small impact will occur over bitcoin price on halving. After this if the technology permits we could see a gradual increase that might reach a higher value when it reaches near to December.

Dekker3D

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Quote from: MaritiJames3 on May 23, 2016, 02:19:29 AM

Is it really true that the halving is going to start over 49 days because I am not sure if it is going to happen. If the halving is going to start then the price is going to be cheaper I believe. This is better for the people that want to invest more and and not have much money to spend.

Yes, actually bringing the price down prior to halving is also possible if wanted by the whales so that even if it goes to double due to the effect of halving then the price wont be too high.

MaritiJames3

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Is it really true that the halving is going to start over 49 days because I am not sure if it is going to happen. If the halving is going to start then the price is going to be cheaper I believe. This is better for the people that want to invest more and and not have much money to spend.

wuvdoll

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Quote from: Amph on May 22, 2016, 07:55:00 AM

nothing will happen at the halving, at this point i'm expecting something major later this year or even early 2017

I feel the same and unless there is some big controversy like last year we had the auction, we could expect nothing positive this year as well. 2016 is half over and may be by December, we can expect a rise and fall.

yenxz

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Quote from: bitcoinstarter on May 22, 2016, 12:08:44 PM

It is going going to be interesting to see where it all goes with the halving.

yes,we can't wait what will biggest effect of bitcoin halving,its always interesting to wait something that have been wait since some years ago.
bitcoin price might be one of major news when halving come.

CryptoBjorn

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Quote from: jak3 on May 22, 2016, 03:05:59 PM

I am eagerly waiting for this day and I am 100% sure other folks are waiting too I have not collected a lot of money since I am a student but still I have stored 0.3bitcoins on my xold storage hope I can make atleast 80% growth on my money during this block halving.I don't belive on god grace so I am gonna fully dependable.on myself during full halving periods . I will keep an eye on alp the possible exchanges as soon as price.reaches my expectations I will start my trading to expand my profits

80% profit in 2 months is not going to happen. I am not sure from which price you bought but at best i do expect a rise to maybe 500 dollar.
Everything else is just hope and will turn out to be a bad dream. Make sure to hold longer and your chance to get more profit will grow.

jak3

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I am eagerly waiting for this day and I am 100% sure other folks are waiting too I have not collected a lot of money since I am a student but still I have stored 0.3bitcoins on my xold storage hope I can make atleast 80% growth on my money during this block halving.I don't belive on god grace so I am gonna fully dependable.on myself during full halving periods . I will keep an eye on alp the possible exchanges as soon as price.reaches my expectations I will start my trading to expand my profits

BitHodler

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Quote from: silentkiller on May 22, 2016, 12:11:33 PM

Quote from: bitcoinstarter on May 22, 2016, 12:08:44 PM

It is going going to be interesting to see where it all goes with the halving.

We might see some interesting and biggest changes on the price of btc..whether it will go up or it will go down..
cause nobody has proven that bitcoin prices increases when halving takes place

I also expect a good amount of volatility during the last days before the block halving.

I'm not really a trader myself but I will most definitely do some trading to benefit from the heavy price swings.

jacobmayes94

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Miners stopping does not limit the supply in any way, as if blocks are solved on average every 10 minutes, new coins are still being minted throughout that time, it just changes who they go to.

Any anyone can rig their meter, its just getting caught that's the problem. Some of the older meters you could slow down with magnets or somehow stop the thing turning. Or tap into the wiring before the meter (risky)

Of course, this is illegal to do and I don't endorse it.

DimensionZ

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Quote from: LFC_Bitcoin on May 22, 2016, 06:33:23 AM

Electricity costs next to nothing in some parts of the world, people know to rig electricity meters. The big miners will not be switching off. Arguably it'd be a good thing if smaller scale miners gave up as it just limits supply of couns even more = higher prices.

Wait you can rig your electricity meter to get free electricity while mining? But how can you cover the thousands of kilowatts that the mining hardware is pulling from the grid? Does this trick really work in practice? I imagine you can't just stop the electricity meter from working 24/7 as this would look very suspicious to the electricity company lol.

grapevinebitcoin

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I think this time price and demand expectation are already priced in to the market rate. I agree with a few sentiments above: sideways.

davinchi

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People are starting to doubt the possibility of bitcoin's value spiking by the time of the halving, which is, I'm not sure whether if it's good or bad. Bad, because most of the people have invested and expected a rise, good, because the price is stable. It has better and larger room for adoption.

darkmagician

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Quote from: bitcoinstarter on May 22, 2016, 12:17:45 PM

Quote from: silentkiller on May 22, 2016, 12:11:33 PM

Quote from: bitcoinstarter on May 22, 2016, 12:08:44 PM

It is going going to be interesting to see where it all goes with the halving.

We might see some interesting and biggest changes on the price of btc..whether it will go up or it will go down..
cause nobody has proven that bitcoin prices increases when halving takes place

Yes, I agree. No doubt it will go one way or the other. Either based on the fear it might go down , or less supply of it. Interesting times we live in.

the best part when bitcoin halving has started is ,everyone of us who has bitcoin has a big smile on our faces..i cant wait to see it.

bitcoinstarter

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Quote from: silentkiller on May 22, 2016, 12:11:33 PM

Quote from: bitcoinstarter on May 22, 2016, 12:08:44 PM

It is going going to be interesting to see where it all goes with the halving.

We might see some interesting and biggest changes on the price of btc..whether it will go up or it will go down..
cause nobody has proven that bitcoin prices increases when halving takes place

Yes, I agree. No doubt it will go one way or the other. Either based on the fear it might go down , or less supply of it. Interesting times we live in.

silentkiller

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Quote from: bitcoinstarter on May 22, 2016, 12:08:44 PM

It is going going to be interesting to see where it all goes with the halving.

We might see some interesting and biggest changes on the price of btc..whether it will go up or it will go down..
cause nobody has proven that bitcoin prices increases when halving takes place

bitcoinstarter

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It is going going to be interesting to see where it all goes with the halving.

Topic: 49 days till the halving, time is flying now - page 11. (Read 9525 times)