BITCOIN HALVING? - page 3. | Bitcointalksearch.org

deisik

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Quote from: eaLiTy on June 11, 2017, 12:07:17 AM

Quote from: PeRo on June 04, 2017, 12:01:24 PM

Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

Do you have any idea what the price was during 2016,before halving the price of bitcoin was trading around the range bound of $450 to $550 and the fact is that the current rally started way back during the late 2016 and the price keeps on soaring,after halving we had a good pump and then we saw a small correction and after that the price did not look back and is breaking new records

It looks more like it is you who have no idea how the price actually traded back then

Before the halving the Bitcoin price rose to over 750 dollars per coin due to the hype that had risen to insane levels thanks to the expectations of the coming halving. And just a few weeks before the actual event Bitcoin crashed to nearly 600 dollars since many folks had been cashing out feeling and expecting that the rest of them would in fact be cashing out after the halving. Other than that, I agree that the current rally basically started in late September-early October later that year (i.e. in the fall of 2016)

deisik

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Quote from: odolvlobo on June 13, 2017, 02:17:02 AM

Quote from: nethead on June 12, 2017, 11:36:18 PM

The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.

That's a common myth. The halving does not decrease the supply. The supply is always increasing until it reaches 21 million. You assume that the demand will continue to increase, but that is not guaranteed.

It is not a myth, it is just you nitpicking

Or rather deliberately misinterpreting the meaning of the term in the given context. Obviously, people mean the supply of new coins to the market which is evidently diminishing after the halving, as it is meant by the law of supply and demand (I wouldn't call that law a myth either), which people implicitly refer to here. What you mean is total supply of coins in circulation, but the distinction can be easily drawn from the context, and in this case specifically your comment is totally out of place and beside the point

odolvlobo

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Quote from: nethead on June 12, 2017, 11:36:18 PM

The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.

That's a common myth. The halving does not decrease the supply. The supply is always increasing until it reaches 21 million. You assume that the demand will continue to increase, but that is not guaranteed.

arpon11

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Wise investors has been taken this advantage for sometime now. Halving do happened often, even now we are see another halving. Yesterday bitcoin loses about $600 and before next week the price will make a correlation and jump back to $3500.

Ahimoth

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The best time to buy bitcoin is before the halvening. The price is much lower than buying after the halvening. Last time before the halving tje price is $660 and drop to $630. And after the halving the price stabilize to $650. As bitcoin always anticipated we always prepare for that event.

coynedterm

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Quote from: legarde23 on May 27, 2017, 12:55:26 AM

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?

Actually we can't make ourself or even the owner can't find out that how much Bitcoin has been mined because unlimited numbers of the address are exists in the Bitcoin field and also offline addresses are available to use but the blockchain network can't make ownself directly that how much Bitcoin is in the market and how much is circulating .
So a particular day always made by the block chain owner for the calculations for such things , And at that time they will tell us that how much Bitcoin is remaining to mine yet .
But here I am not sure how much I am sure , I got this information by my friend regards halving of Bitcoin .
At the last halving I didn't saw anything after halving , market was constant and not much big fluctuations seen at that time .

nethead

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The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.

Himanshu111

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Bitcoin hacking cuts the miner's block solving rewards by half. So value of Bitcoin shows a huge increase. It is there to reduce the inflation of Bitcoin with time. Last halving was there in 2016 and price of Bitcoin was around 500$.after an year or so of hacking the price is 2500$. That's why halving is considered an huge opportunity by traders.

asriloni

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Quote from: PeRo on June 04, 2017, 12:01:24 PM

Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

But the halving will have made the price of bitcoin doubled. I can say the reward for the miners gets decrease for a half. And that makes bitcoin will be rarely to find. remember bitcoin is not having 21 million supply and it will be less.

eaLiTy

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Quote from: PeRo on June 04, 2017, 12:01:24 PM

Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

Do you have any idea what the price was during 2016,before halving the price of bitcoin was trading around the range bound of $450 to $550 and the fact is that the current rally started way back during the late 2016 and the price keeps on soaring,after halving we had a good pump and then we saw a small correction and after that the price did not look back and is breaking new records.

chocolah29

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Well as the bitcoin halving is always anticipated others believed that an anticipation of a price increase could actually have resulted in a bit of a bubble, and therefore expected a fall in price.
When the price falls and then it will stabilized after the halving.

cryp24x

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Quote from: PeRo on June 04, 2017, 12:01:24 PM

Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

It did not happen because there is no need for Bitcoin to pump. And besides, the pump where done before the halving. If you go back to the thread about halving, you can see the predictions and increase in bitcoin price prior to the halving. Besides it is observed that due to the less reward, bitcoin will eventually increase in price may it be after a month or a year.

Taki

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Quote from: cram03 on May 27, 2017, 01:00:48 AM

Bitcoin halving is season when the value of bitcoin cut into half and then after a months bitcoin will double itself value.
Also bitcoin halving is ocassional there is substances that saying that bitcoin halving is the sign of bitcoin dissappearing but thats is a hoax bitcoin halving is big opportunity to all of the traders.

There is nothing to add from me to this words. Everything is correct. The next halving is going to be in 2020 year and by everybody's expectation the price get double at once, because of every halving that happen before the result was exactly like this.

PeRo

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Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

BitFinnese

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Quote from: just_Alice on May 30, 2017, 01:08:56 PM

Quote from: deisik on May 29, 2017, 02:34:59 AM

Quote from: krisnt80 on May 28, 2017, 07:35:10 PM

Its true the last halving at 2016 had been pumped the bitcoin at December, it were around 300-350 the all year till December when the coin went to 500 dollars, and near the halving it had reached 700, few days after the price had dropped to 500-600 dollars, soo you need to be smarter and buy as soon as possible before the halving, being 1 year or even sooner, because people will start to pump knowing the next halving is coming.

The price crashed a few weeks before the halving

And I had been telling about such a possibility a few months before the crash for the reasons I explained earlier in the thread (and back then). People en masse think essentially along the same lines, and ironically, they all think they are somehow different from the rest of the pack. It was not a rocket science to assume that they would think that most would try to cash out exactly after the halving, so they personally should cash out right before the event. Unsurprisingly, the price crashed when they all together had started to sell their bitcoins some time prior the halving

Hahah, that's funny, I didn't know that was happening before the halving. Same thing happens almost every time the price of bitcoin reaches a height never seen before. Everybody thinks it's time to sell, but the price is dropping so fast because of evrybody's selling that no one is happy.

Actually they were outsmarted by whales who wanted to buy bitcoin at cheaper price before the halving. Halving means lesser regular supply from mining, this definitely broadcast an increase in price but whales outsmart them by making a fake dump and every one with weak hands follow. So a crash happen.

Quote from: Angel777 on June 04, 2017, 10:04:59 AM

If bitcoin is halving maybe many bitcoiners will qiut and this economics current will go slow.and also botcoin will be terminated.Many will be frustrated about this.

I do not think so, if the economic will go slow then why do we have this price right now and all the country that supports and accept bitcoins?

Angel777

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If bitcoin is halving maybe many bitcoiners will qiut and this economics current will go slow.and also botcoin will be terminated.Many will be frustrated about this.

HatakeKakashi

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Quote from: krisnt80 on June 04, 2017, 09:38:01 AM

Taking into consideration what the halving represents to bitcoin, the reducing of 50% miners reward, i do believe some people are already getting the much bitcoint hey cant, because the reward of 6.25 bitcoins should push price up once again soo its possible we will reach 4000-7000 dollars at 2020, sure this is just speculation.

For me sir I think it is possible to reach bitcoin price at $4000-$7000 in the year of 2020 because I believe bitcoin become more popular, and brighter in 2020 and many investor will invest im bitcoin so the price continue increasing. But no one knows what is the future of bitcoin if they pump or dump in 2020 but I hope it will become more successful because if the price pump everyone benefits.

krisnt80

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Taking into consideration what the halving represents to bitcoin, the reducing of 50% miners reward, i do believe some people are already getting the much bitcoint hey cant, because the reward of 6.25 bitcoins should push price up once again soo its possible we will reach 4000-7000 dollars at 2020, sure this is just speculation.

n0ne

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As the user base has been very high and big investments from Countries around the world are coming into bitcoin the price is peaking. When this continues along with the decreasing supply periodically on halving will make the price jump very high. Let's try to save as much possible before the halving happens by 2020.

CyberKuro

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Bitcoin halving on June 21, 2020, from http://bitcoinclock.com/
As bitcoin has a fixed number to be generated and halving was a brilliant idea from the founder obviously which make bitcoin worth increase significantly every year. I don't think there's a problem regarding the halving but better to buy bitcoin before the price increase more and more after halving, even right now the price slowly increase every day.
"justxed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money." [-Fr. Bernard W. Dempsey, S.J. (1903-1960)]

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