Topic: Bitcoin halving - page 7. (Read 7508 times)
Bitcoin Halving is very near and it will change our lives for sure.
halving should not affect the price at all, if you think rationally. i at least make my investments based on the total supply and not based on the current block rewards.
interesting to see how rational people are
interesting to see how rational people are
I also think that we will not see some big rise after halving. I see bitcoin price is rising steady in last few months, that make me believe that this rise will continue, slowly how it should. We had some big things happened, steam accept btc, bovada accept btc.. now halving coming. All in all this is a good year for btc, if we come to double price from beginning of the year that will be great.
i agree with you. the price may rise and come down because of speculation but in the long run halving should not affect at all.
halving should not affect the price at all, if you think rationally. i at least make my investments based on the total supply and not based on the current block rewards.
interesting to see how rational people are
interesting to see how rational people are
I also think that we will not see some big rise after halving. I see bitcoin price is rising steady in last few months, that make me believe that this rise will continue, slowly how it should. We had some big things happened, steam accept btc, bovada accept btc.. now halving coming. All in all this is a good year for btc, if we come to double price from beginning of the year that will be great.
i agree with you. the price may rise and come down because of speculation but in the long run halving should not affect at all.
Right now demand is keeping up with the supply. Hence the stability.
Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
I agree that the halving will create a self perpetuating snowball effect from the buying pressure. Im being liberal with some assumptions but presently there are 3600 BTC mined per day. At a stable price of $450 per BTC that's $1,620,000 that's entering into BTC to maintain the price.
If the creation of new coins is cut in half to 1800 and $1,620,000 is still entering the market its inevitable the price will rise. The snowball will grow bigger as BTC gets more mainstream media attention and FOMO starts to take hold of the masses.
Its funny when I talk to common folk today about BTC the 1st they ask "is bitcoin still around?" 2-3 years ago it was "whats bitcoin?"
Point being almost everyone knows what bitcoin is or has heard about it but we didn't have the on ramps we have today. When the media hype starts it will be much easier for average folk to buy in. Once they get the taste of BTC it will be a slippery slope into the altcoin world.
Definitely exciting times ahead.
halving should not affect the price at all, if you think rationally. i at least make my investments based on the total supply and not based on the current block rewards.
interesting to see how rational people are
interesting to see how rational people are
I also think that we will not see some big rise after halving. I see bitcoin price is rising steady in last few months, that make me believe that this rise will continue, slowly how it should. We had some big things happened, steam accept btc, bovada accept btc.. now halving coming. All in all this is a good year for btc, if we come to double price from beginning of the year that will be great.
i agree with you. the price may rise and come down because of speculation but in the long run halving should not affect at all.
The halving will be very good for us all no doubts about that its just a matter of time before this will happen.
There is just such a big chance that it will be very profitable.
There is just such a big chance that it will be very profitable.
halving should not affect the price at all, if you think rationally. i at least make my investments based on the total supply and not based on the current block rewards.
interesting to see how rational people are
interesting to see how rational people are
I also think that we will not see some big rise after halving. I see bitcoin price is rising steady in last few months, that make me believe that this rise will continue, slowly how it should. We had some big things happened, steam accept btc, bovada accept btc.. now halving coming. All in all this is a good year for btc, if we come to double price from beginning of the year that will be great.
Right now demand is keeping up with the supply. Hence the stability.
Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
This might be a good scenario. I am wondering if it's a good time to buy a bitcoin or two and sit on it and see what happens over the coming months. I would love to get my hands on a couple I guess.
Because they want to make some profit with Bitcoin in a fast time and that is not possible now.
halving should not affect the price at all, if you think rationally. i at least make my investments based on the total supply and not based on the current block rewards.
interesting to see how rational people are
interesting to see how rational people are
This might be a good scenario. I am wondering if it's a good time to buy a bitcoin or two and sit on it and see what happens over the coming months. I would love to get my hands on a couple I guess.
Buying a couple of bitcoin's is almost certainly a good investment man, hold onto them for at least a year from now & it's close to a guarantee you will profit.
Indeed, we are all hoping to make some money with the halving and I also think there is a good chance that we will do this.
Its just a matter of time and patience we need right now, we just have to hold our bitcoin and not spend too many of it.
Right now demand is keeping up with the supply. Hence the stability.
Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
Stability of the price is not the right term and is heavily misused recently. Bitcoin is a very young asset and by definition its peice is very volatile. We have currently a mid-term horizontal trend the should end up as soon as we get some more positive events (development) or the disappoinment with the redult of the halving pump. Halving won't influence price much as there will be already 75% of all coins mined. They can be used to hedhe for the lower number of coins in the block till the time the difficulty adjusts. Resolve the block issue and the demand will be greater than the current supply.
Cut the supply in half and the demand will be far greater than the supply.
Face reality that there are not that many Bitcoin left to enter circulation, and demand will skyrocket.
This might be a good scenario. I am wondering if it's a good time to buy a bitcoin or two and sit on it and see what happens over the coming months. I would love to get my hands on a couple I guess.
Buying a couple of bitcoin's is almost certainly a good investment man, hold onto them for at least a year from now & it's close to a guarantee you will profit.
The entire bitcoin speculation obey's the rule or say indirectly depends on demand and supply.Halving is something else.The reward of miners decreases which in-turn makes a few miners less interested in mining but NOT all of them.The reward still exists.Miners fees has to be paid so don't think it will cause any big impact to be worried about.
But majority believe that producing one btc will now be more difficult so price will be in correlation with price of mining. So halving directly influence price rise, through "artificial scarcity" but this is only because people thinking this way, but because it is truth.I hope the majority don't believe that the price depends on the difficulty because that is a misconception. The price depends on supply and demand and the difficulty has no bearing on supply or demand.
Price is only one of the many factors that drive difficulty. With the advancement of ASIC and more players involved, the difficulty will go up. But if the price remained low and keep dropping, many will find mining not attractive and will leave the game...
The entire bitcoin speculation obey's the rule or say indirectly depends on demand and supply.Halving is something else.The reward of miners decreases which in-turn makes a few miners less interested in mining but NOT all of them.The reward still exists.Miners fees has to be paid so don't think it will cause any big impact to be worried about.
But majority believe that producing one btc will now be more difficult so price will be in correlation with price of mining. So halving directly influence price rise, through "artificial scarcity" but this is only because people thinking this way, but because it is truth.I hope the majority don't believe that the price depends on the difficulty because that is a misconception. The price depends on supply and demand and the difficulty has no bearing on supply or demand.
Selling and buying of bitcoins definitely affect it's price and it is very volatile impact. But there are many other factors as well which affect the price of bitcoin(though their impact is slow). Difficulty in mining will not decrease the price of bitcoins. From the day halving speculations have surfaced, price of bitcoin is increasing everyday, and it is a good sign for any currency especially in the time of economic slowdown.
What really is the use of bitcoin, when halving comes it will affect the supply of bitcoin hence increasing its price (As what people say), but why would I purchase an expensive coin (btc)? If it shoots pretty high in value, I admit, I only trade because its a profit but what I think is if it becomes more expensive what would be the pros for it to be still valuable?
Do you guys think the law of Supply and Demand has a great effect with the halving? Or its a different thing, what if because of the halving, less miners would be interested and hence less supply of bitcoin, making people less interested. I'm just stating what I think, how about you?
yes, in my opinion, bitcoins also use supply and demand. you know when bitcoin is popular when it demand will increase, and bitcoin price will increase , then supply will be dis crease. bitcoins price is also growing up because of halving, so halving will face it.
supply is what is being dumped on the exchangers and as long as that becomes fewer the price will rise.
also the demand for bitcoin is increasing everyday because it is being adopted by different services and more people find out about bitcoin which will also increase the price.
The entire bitcoin speculation obey's the rule or say indirectly depends on demand and supply.Halving is something else.The reward of miners decreases which in-turn makes a few miners less interested in mining but NOT all of them.The reward still exists.Miners fees has to be paid so don't think it will cause any big impact to be worried about.
But majority believe that producing one btc will now be more difficult so price will be in correlation with price of mining. So halving directly influence price rise, through "artificial scarcity" but this is only because people thinking this way, but because it is truth.
In bitcoin halving what is the good things happen? Its always good or sometimes.bad? What is halving in the law of supply? Hoarding = Halving? If hoarding is Halving why they dont called it Bitcoin Hoarding? In the law of supply the product thats need people they hide it so that in market the price goes, once the price goes up they selling it. But why bitcoin price not always rise?
Do you guys think the law of Supply and Demand has a great effect with the halving? Or its a different thing, what if because of the halving, less miners would be interested and hence less supply of bitcoin, making people less interested. I'm just stating what I think, how about you?
yes, in my opinion, bitcoins also use supply and demand. you know when bitcoin is popular when it demand will increase, and bitcoin price will increase , then supply will be dis crease. bitcoins price is also growing up because of halving, so halving will face it.
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