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Topic: A question about halving - page 3. (Read 398 times)

member
Activity: 868
Merit: 16
March 03, 2020, 10:10:53 AM
#12
Halving event mean's is reducing the reward for the miner. Like bitcoin which is now every miner who successful to open a block he will be rewarded by 12 bitcoin ans bitcoin halving is happening again the reward will reduced half, which is mean the miner will only get 6 bitcoin. Logically, when the supply for bitcoin is remain same as of now then bitcoin will be increase because the supply before was 12 and otherwise when there is no demand for bitcoin maybe bitcoin price will be decresed. I tool bitcoin as an example and I think this thinh will be same with another coins which is use proof of work as its consensus.
full member
Activity: 1820
Merit: 107
March 03, 2020, 10:07:39 AM
#11
The halving means and its difference is *halving of the reward per block that miners got in exchange for their work*, the miners are using sophisticated hardware, software and a huge supply of electricity to mine any kind of cryptocurrency that was mineable, the*halving happens every four years which is most common in Bitcoin. the difference is only the reward per block which is the miner got, from (12.5 BTC per block today and it will reduce to 6.25 BTC per block in the next halving which is this year 2020. meaning it will add burden on the miner's side for that reason I guess they should hold their cryptocurrency, and sell it when it is profitable. that was only the difference I know, the rest is just speculation or whatever we call it. I guess there's no right or wrong about what you tell to your friend.
member
Activity: 882
Merit: 13
March 03, 2020, 10:03:58 AM
#10
Yeah, it best way to invest in coin that are going to halve cause most likely the price will sky rocket because it helps the coins to hype up but with just a short period of time. It would still depends on the projects progress though, so make sure to choice the right coins to invest with. It may have or may have an impact on the prices but still developments still continue
legendary
Activity: 2058
Merit: 1270
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March 03, 2020, 09:47:09 AM
#9
Halving usually has just a short lasting effect on the price of a coin, for example, let's agree that every halving increases the price of the coin in question(though that's not 100% true), so if you are to invest in a coin just based on that fleeting increase in its price, how then would you avoid FUD when the prices drop after subsequent weeks.

So investors imo shouldn't invest just because of an upcoming halving, you should invest because you have studied the pros and cons, make researches and observations and so on, and for me it's only the bitcoin halving that's even worth anticipating.
hero member
Activity: 1302
Merit: 577
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March 03, 2020, 09:44:45 AM
#8
Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks

For what I have seen before, every bitcoin halving happened in this crypto business, the price of bitcoin always went up the price in the market.
Yes it may go down the price value in a short period of time, but the common or usually happened after the halving most of the crypto that has a potential and great volume aside from bitcoin always got increased their prices.
he is not talking only in bitcoin but all other coins that also have halving .

OP you are right your answer they need also to have use cases before that halving may affect that price to increase . If there are no use cases in this coins even how many times they have a halving it will never help to increase its price.
member
Activity: 560
Merit: 13
March 03, 2020, 08:50:11 AM
#7
Yes, Investing before halving is a good choice because the last two halvings showed a great impact on the price and I hope it will long-lasting forever. Halving happens when the miners make it demand of the supply, so at this point of time if we invest some money I am sure we can see some good profit.
sr. member
Activity: 318
Merit: 331
March 03, 2020, 07:15:11 AM
#6
in past times, bitcoin halving led to the rapid growth of cryptocurrencies, with more extreme growth rates observed in earlier periods. Based on this, it is assumed that the next growth rate will be smoother and take longer. The answer to your question sounds like this - yes, investing before halving is the most suitable moment, but you need to invest wisely Wink
member
Activity: 322
Merit: 10
March 03, 2020, 06:45:29 AM
#5
I think it depends on the quality of a project, many new projects have this feature but they died even before the halving year gets here, what should matter to investors is what the project is all about not future features
full member
Activity: 1017
Merit: 107
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March 03, 2020, 06:37:57 AM
#4
Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks
just do your own research. find the history about what will happen to coin if they will halving. if we already find the answer from this question , i am sure we will have decision is it worthed to buy bitcoin or not. halving should not be the only reason why we invest in cryptocurrency, there must another reason for it.
legendary
Activity: 3668
Merit: 6382
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March 03, 2020, 06:30:02 AM
#3
Halving doesn't make any difference in the total proposed coin supply, so you can say it doesn't make a difference.
But on the other hand the miners will receive half of previous the block reward for the same effort (hardware and consumption).
So I'd guess that the miners will do their best to sell at higher prices to stay on profit. Hence the price should increase. Hence it could be a good reason to invest.
On the other hand, many say that the prices are manipulated, that the halving price is already counted in and so on.
So there are reasons to invest and reasons to not invest. It is up to the potential investor to decide for himself.


Of course, this makes sense for established coins. A fairly new coin, if it's worthless, if it has no proper infrastructure, use, market, ... halving will change nothing.
sr. member
Activity: 685
Merit: 250
March 03, 2020, 06:22:04 AM
#2
Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks

For what I have seen before, every bitcoin halving happened in this crypto business, the price of bitcoin always went up the price in the market.
Yes it may go down the price value in a short period of time, but the common or usually happened after the halving most of the crypto that has a potential and great volume aside from bitcoin always got increased their prices.
member
Activity: 322
Merit: 10
March 03, 2020, 05:28:06 AM
#1
Someone asked me this question yesterday and I decide to share it with others on here today.

A friend asked if Halving is enough reason to invest in a coin? What do you think about this question?

My own answer is nope because halving is just a feature that won't work out until several years and if the project never have any good use case to begin with the halving won't make any difference.

Am I wrong? Am I right? Leave your thoughts below, thanks
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