Are we really expecting the price to go above the old 1200 top ?
I expect the price to be over $1500 in the middle of 2016. Two reasons for that. One is the bigger block size, 2 or 4MB. The second is the halving.
Topic: Bitcoin Halvening Party 2016 - page 17. (Read 20068 times)
I expect the price to be over $1500 in the middle of 2016. Two reasons for that. One is the bigger block size, 2 or 4MB. The second is the halving.
Are we really expecting the price to go above the old 1200 top ?
yes, we are at near half of that so why not, x100% is nothing, was already done multiple times in the past and in a very short time frame
the real challenge is expecting it to go up to 10k or crazy price like that, if we can ever do that one day, nothing will stop us
I think btc will start going up a lot around 2 months before the
halving. We can already see from the latest jump people have
started to add to their investment. Not sure if its in anticipation
of the halving but i cant see how it doesnt double to make up for
the payout decreasing.
halving. We can already see from the latest jump people have
started to add to their investment. Not sure if its in anticipation
of the halving but i cant see how it doesnt double to make up for
the payout decreasing.
Do you have any plans for the evening Bitcoin halves?
If reading this retrospectively, what did you do the day of bitcoins halving?
If reading this retrospectively, what did you do the day of bitcoins halving?
my plan I would buying some bitcoin before halving maybe 1-2week before halving then waiting price skyrocket at block halving day
also im interesting to buy bitcoin miner to start mining before block halving
maybe in the end of this year
If the price increase (it will but not surely on a really interesting way), it won't wait the halving day. I think that 1 or 2 weeks before, the price will have already started to rise.
Sell the news
Watch the market and expect a big dump.
Markets will be on fire near the halving, for sure.
Markets will be on fire near the halving, for sure.
Do you have any plans for the evening Bitcoin halves?
If reading this retrospectively, what did you do the day of bitcoins halving?
If reading this retrospectively, what did you do the day of bitcoins halving?
I think after the next halving the bitcoin's price will increase as usual after each halving before this time
So i believe holding some coins till the next halving could be really a profitable idea
i think i will be watching the value go to the roof propably it will start rising days before the halving
Currently miners are paid (in total) about 3600 BTC per day. Obviously, this is split up among the various miners and mining pools.
After re-reading my post, I realize that I should clarify that the miners are paid 3600 in new bitcoins. In addition, they are also paid the transaction fees from all the transactions in the block. One result of the halving is the percentage of mining income that comes from transaction fees will roughly double. 
Do you have any plans for the evening Bitcoin halves?
If reading this retrospectively, what did you do the day of bitcoins halving?
If reading this retrospectively, what did you do the day of bitcoins halving?
Um... i would buy some pizza with bitcoins.
I am reading through this and not understanding. Is this like stock, it will double in the amount you have but the price will be cut in half, so there is more? Is that what this means? I am not understanding. Thank you in advance.
No, it's not like that.The Bitcoin system pays miners to create blocks, which is what secures the network.
Currently miners are paid (in total) about 3600 BTC per day. Obviously, this is split up among the various miners and mining pools.
After the halving, miners will be paid 1800 BTC per day. The result will be that there will be less bitcoin entering the market, and this reduction in supply may result in a price increase.
However, if you compare this daily amount to the total market (which is very difficult to calculate), it is not a big enough fraction to have a major effect, so the effect is really caused by the speculation of the traders. In other words, nobody knows.
I am reading through this and not understanding. Is this like stock, it will double in the amount you have but the price will be cut in half, so there is more? Is that what this means? I am not understanding. Thank you in advance.
I'd be up for getting a suite in Vegas and throwing a huge party.
Anyone remember the LTC halving? The price rose months before, and when halving actually occurred, nothing big happened....hope this $450 isn't all we're gonna see in regards to BTC 
Do you have any plans for the evening Bitcoin halves?
If reading this retrospectively, what did you do the day of bitcoins halving?
If reading this retrospectively, what did you do the day of bitcoins halving?
my plan I would buying some bitcoin before halving maybe 1-2week before halving then waiting price skyrocket at block halving day
also im interesting to buy bitcoin miner to start mining before block halving
maybe in the end of this year
If the price increase (it will but not surely on a really interesting way), it won't wait the halving day. I think that 1 or 2 weeks before, the price will have already started to rise.
To tell u the truth, I expect the price to reach at least $1500 per BTC by that time and grown even more after that. So yes, those ll be some interesting crypto times.
That is not the truth. The price will reach $2000 before the halving. It will drop after the halving when the party is over.
Maybe it wont hit 2000 but the party is before halving for sure.
http://bitcoinclock.com/
You can look here how much time you have left for the party. The thing is, on the last halving which was in 2013, was around when I starting reading up on Bitcoin, so I had absolutely no idea what the halving was. It probably happened as was learning about BTC while totally ignoring it.
This time im ready and have all the knowledge possible to understand the importance of the event.
You can look here how much time you have left for the party. The thing is, on the last halving which was in 2013, was around when I starting reading up on Bitcoin, so I had absolutely no idea what the halving was. It probably happened as was learning about BTC while totally ignoring it.
This time im ready and have all the knowledge possible to understand the importance of the event.
the problem with doing it, is that the price will increase much early, adn then at the halving you can possibly have a zero increase, because it happened before
so i think i will just follow the price increase without caring too much about the halving
so i think i will just follow the price increase without caring too much about the halving
I will celebrate it by buying as much bitcoins I can before price rises 
The price is already rising
OP: I will stay awake probably all day to see what the direct effect it has on the price, difficulty, hashpower, and so on. It will be a very interesting day since it is my first block halving.
I hate to rain on everyones (future) parade... but there seems to be a total lack of knowledge to the importance of the block size debates that are coming up in the future. This has the most future implications for price and adoption in the future, because if you don't have a functioning system "under the hood" then you don't have a legit currency, just merely an asset that everyone jumps on board with. I'm scared bitcoin is going to be a "starbucks" in a way, where they sell over priced items that is somewhat better than everything else... not the other way around, where in this case, have orgasmic coffee that nothing else is in comparison.
I hope that analogy makes sense, but that's the only way I can think of how to explain it right now.
I hope that analogy makes sense, but that's the only way I can think of how to explain it right now.
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