Bitcoin halving - page 8. | Bitcointalksearch.org

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Quote from: qiwoman2 on April 24, 2016, 03:55:59 AM

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.

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Quote from: vinaha on April 21, 2016, 12:20:53 AM

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.

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.

Herbert2020

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Quote from: yenxz on April 24, 2016, 03:04:45 AM

Quote from: Mumbeeptind1963 on April 23, 2016, 08:20:13 PM

In bitcoin halving, always the price goes up? Or always going down? Why the bitcoin halving have date? Who do thid halvining? People or its automatic? I have so many question that i want to know about bitcoin halving so please answer me

i guess no one can answer about prrice situation when the havling come,its might dependng on how people react with the halving,bitcoin halving do by people who into block provider company,its what i guessed Cheesy

the price can be speculated and it is not all unclear, you can predict some changes. for example the rise because of halving was expected and we have already seen it up to $450 today and for the future it is also expected to rise more but the magnitude of the rise is not clear.

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Quote from: Mumbeeptind1963 on April 23, 2016, 08:20:13 PM

In bitcoin halving, always the price goes up? Or always going down? Why the bitcoin halving have date? Who do thid halvining? People or its automatic? I have so many question that i want to know about bitcoin halving so please answer me

i guess no one can answer about prrice situation when the havling come,its might dependng on how people react with the halving,bitcoin halving do by people who into block provider company,its what i guessed Cheesy

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Quote from: odolvlobo on April 23, 2016, 06:52:34 PM

Quote from: eternalgloom on April 21, 2016, 05:05:59 AM

Miners are not going to stop mining after the halving, the price of Bitcoin will rise accordingly after the halving.
I do not see why miners would suddenly stop.

Miners will stop mining because if it currently costs them 15 BTC to mine a block (for example) and the subsidy drops to 12.5 BTC, then they will turn off the least efficient equipment until the cost drops below 12.5 BTC per block.

Yeah i think that way also many miner will dump their hardwares because it is bad news for them it very hard to mine this days and if halving occurs the difficulty to get block is more higher and very sure they cannot get profit with it it is totally big lose because electricity is expensive and maintance fee is expensive too. Miners stop and get more difficulty about it.

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In bitcoin halving, always the price goes up? Or always going down? Why the bitcoin halving have date? Who do thid halvining? People or its automatic? I have so many question that i want to know about bitcoin halving so please answer me

odolvlobo

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Quote from: eternalgloom on April 21, 2016, 05:05:59 AM

Miners are not going to stop mining after the halving, the price of Bitcoin will rise accordingly after the halving.
I do not see why miners would suddenly stop.

Miners will stop mining because if it currently costs them 15 BTC to mine a block (for example) and the subsidy drops to 12.5 BTC, then they will turn off the least efficient equipment until the cost drops below 12.5 BTC per block.

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Quote from: GreanT on April 23, 2016, 03:45:34 PM

Quote from: ultimatesky on April 21, 2016, 02:27:45 AM

The Bitcoin havling can be a good thing and a bad thing. For the people that want to buy bitcoins this is a good thing because the price will get halved so the coins get cheaper. If you want to sell this is less good news.

the price won't halve... the supply of BTC will halve. I doubt the price will go down, in fact, i believe the price will increase. Regardless, even if the price does decrease, it is not because the price will halve.

The halving halves the production. It doesn't halve the price and it doesn't halve the supply. The price is determined by the market, and the supply increases with every block, whether the subsidy is 25 BTC or 12.5 BTC.

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The rate of new coins will drop. The supply is still increasing, so it's not going to be like getting hit with an asteroid made out of $100 bills. I think that's what most folks on this forum are expecting--and they're in for a rude surprise come July.

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Quote from: Sandroxa on April 21, 2016, 03:18:44 AM

The halving is going to help some Bitcoin users who do not have the money to buy expensive Bitcoins. This is good because it also attracts more people and so Bitcoin is not becoming for people who already have money.

I don't thing the same, with the halving bitcoin price will rise, and you will need more money to buy one bitcoin. This is not an split on bitcoin (like on stocks) its about the reward that miners have when solve a block. The supply of new bitcoins will be lower and prices (in my opinion) will increase.

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It's not like the halving isn't widely known. If it happened all of a sudden out of nowhere without any expectation then yeah I feel there would bean effect on price. But as it's well-known to be coming up I think the market will be ready for it and don't expect to see much fuss.

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Quote from: ultimatesky on April 21, 2016, 02:27:45 AM

The Bitcoin havling can be a good thing and a bad thing. For the people that want to buy bitcoins this is a good thing because the price will get halved so the coins get cheaper. If you want to sell this is less good news.

the price won't halve... the supply of BTC will halve. I doubt the price will go down, in fact, i believe the price will increase. Regardless, even if the price does decrease, it is not because the price will halve.

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Quote from: jpawesome78 on April 20, 2016, 09:24:58 PM

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?

It is not obvious that after halving miners will leave their work to mine, but they will try to increase their mining and with that they will continue to earn the same amount which they are earning now.
And if they leaved mining the newbies will be there to adopt mining.

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Quote from: tigerwood0432 on April 21, 2016, 07:21:07 AM

Half supply = Mining cost increasing = Mined bitcoin will be sold at higher prices = btc price skyrocketting

I think the mining cost increase does not necessary for the miner to sell it at the higher price. The demand determine the price.

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Quote from: KenR on April 21, 2016, 01:00:39 AM

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.

It affects the miners in that they get half their reward. Beyond that it affects the whole economy because the fact that there is a limited amount of Bitcoin being produced is felt. It is not only going to affect the miners.

Instead of 25 new bitcoins every 10 minutes, there will only be 12 1/2 every 10 min. That is not only an issue for miners, but also for the demand.

In order to keep up with the Bitcoin creation, only $5000 will need to be converted to Bitcoin every ten minutes instead of the current $10,000.

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Half supply = Mining cost increasing = Mined bitcoin will be sold at higher prices = btc price skyrocketting

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No, the supply and demand isn't affecting the halving. Otherwise, the halving is the thing that would affecting the supply and demand.

eternalgloom

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Miners are not going to stop mining after the halving, the price of Bitcoin will rise accordingly after the halving.
I do not see why miners would suddenly stop.

Amph

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halvign do not increase demand, but will decrease the dumped supply that miners are producing, but not by much

still it need to be calculated how much of an effect , for example 900 coins less, dumped per day, would affect the market

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Quote from: jpawesome78 on April 20, 2016, 09:24:58 PM

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 it does have a big effect on the price, half the current amount is going to be rewarded to the miners so they will have half of what they had before to pay for their mining equipment and costs.
so they will only sell on higher prices to cover the difference.

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