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Topic: BITCOIN HALVING IS COMING!!! - page 3. (Read 3872 times)

legendary
Activity: 1204
Merit: 1028
February 26, 2016, 07:32:08 AM
#66
It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

not really, there is a massive manipulation going on that is done by the miners themselves, if you think that the miner will let all their asic worth nothing you're wrong

it's too damn profitable for them, they will manipulate the market to increase the value

How exactly can miners manipulate the price (drive it up) when they only have bitcoins? The best they could do is to not to dump them on the market too quickly. But that's hardly a manipulation.

To manipulate the price up, they'd need large amounts of fiat money.

I agree with you. Miners cannot manipulate the price up, they could only manipulate the price down by dumping Bitcoin. That's the beauty of the halving: it's not a manipulation. There simply is only half the supply, the price naturally has to raise.

Yes Miners can manipulate the bitcoin price to the extend that they can bring the price down or up. But invester can make price up but buying a lot of bitcoins and making shortage of coins for a time period. When Demand will be greater and supply will be less, the bitcoin price will automatically increases.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 26, 2016, 04:26:15 AM
#65
Bitcoin halving is fast approaching. Some has suggested that the recent price increase also due to the halving thats gonna take place in a few months time. Now itself users started holding their valuable bitcoins so to make great profit.
hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
February 26, 2016, 04:16:24 AM
#64
Hi
Was the halving designed from the bigining or is an outcome of big and unsuspected interest inBTC?
sr. member
Activity: 252
Merit: 250
February 26, 2016, 04:03:27 AM
#63
yes the bitcoin halving is coming so that is pretty good for the future of the bitcoin and for us all that invested in the bitcoin, if you now invest you will sure make profit at the end.
I think its just a matter of time before the price will jump because of the halving.

I think the price will double after the halving so it is good time to invest now. But it is better to invest for the long term.
full member
Activity: 224
Merit: 100
February 26, 2016, 03:50:35 AM
#62
yes the bitcoin halving is coming so that is pretty good for the future of the bitcoin and for us all that invested in the bitcoin, if you now invest you will sure make profit at the end.
I think its just a matter of time before the price will jump because of the halving.
sr. member
Activity: 434
Merit: 250
February 26, 2016, 03:43:39 AM
#61
supply halve + demand remain = price increase.
since the bitcoin price is now starting to increase, ready to buy more bitcoin for yourself to get rich. Tongue
if you mine bitcoins now, you can still earn a great amount of bitcoins until the halve.

Yup exactly you are right! But miners also will get benefit after halving by blocks like, they will get extra payment for their mining work.
So even miners also need not worry about it.
legendary
Activity: 3248
Merit: 1070
February 26, 2016, 03:29:30 AM
#60
It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

not really, there is a massive manipulation going on that is done by the miners themselves, if you think that the miner will let all their asic worth nothing you're wrong

it's too damn profitable for them, they will manipulate the market to increase the value

How exactly can miners manipulate the price (drive it up) when they only have bitcoins? The best they could do is to not to dump them on the market too quickly. But that's hardly a manipulation.

To manipulate the price up, they'd need large amounts of fiat money.

I agree with you. Miners cannot manipulate the price up, they could only manipulate the price down by dumping Bitcoin. That's the beauty of the halving: it's not a manipulation. There simply is only half the supply, the price naturally has to raise.


wrong they can in the same way willy bot did it, you just need 50k bitcoin or even less, any exchange struggle to even reach 200k coins per volume, minus the big one

how having 25% of the volume of one exchange is not going to manipulate it? i think you guy don't know how many coins miners have

you are assuming that they are all working together..

im fairly certain that large mining outfits.. that have 1000s of miners and get 1000s of coins per month try very hard to maximize profits..
its not like they are just going to go on some exchange and hit the sell button and let the exchange pick the next lowest price.. Wink





well it's easy to think that chinese miners can work together if needed, but aside from this there are big farm that even alone do 100 coins per day so this is 3k per month = 36k per year, not an amount to underestimate

remember the thief that has stolen a mere 10k-20k coins on bitstamp, he alone controlled the market at that time, now those chinese are doing much more than him
legendary
Activity: 1736
Merit: 1006
February 26, 2016, 02:49:31 AM
#59
It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

not really, there is a massive manipulation going on that is done by the miners themselves, if you think that the miner will let all their asic worth nothing you're wrong

it's too damn profitable for them, they will manipulate the market to increase the value

How exactly can miners manipulate the price (drive it up) when they only have bitcoins? The best they could do is to not to dump them on the market too quickly. But that's hardly a manipulation.

To manipulate the price up, they'd need large amounts of fiat money.

I agree with you. Miners cannot manipulate the price up, they could only manipulate the price down by dumping Bitcoin. That's the beauty of the halving: it's not a manipulation. There simply is only half the supply, the price naturally has to raise.


wrong they can in the same way willy bot did it, you just need 50k bitcoin or even less, any exchange struggle to even reach 200k coins per volume, minus the big one

how having 25% of the volume of one exchange is not going to manipulate it? i think you guy don't know how many coins miners have

you are assuming that they are all working together..

im fairly certain that large mining outfits.. that have 1000s of miners and get 1000s of coins per month try very hard to maximize profits..
its not like they are just going to go on some exchange and hit the sell button and let the exchange pick the next lowest price.. Wink



legendary
Activity: 3248
Merit: 1070
February 26, 2016, 02:24:23 AM
#58
It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

not really, there is a massive manipulation going on that is done by the miners themselves, if you think that the miner will let all their asic worth nothing you're wrong

it's too damn profitable for them, they will manipulate the market to increase the value

How exactly can miners manipulate the price (drive it up) when they only have bitcoins? The best they could do is to not to dump them on the market too quickly. But that's hardly a manipulation.

To manipulate the price up, they'd need large amounts of fiat money.

I agree with you. Miners cannot manipulate the price up, they could only manipulate the price down by dumping Bitcoin. That's the beauty of the halving: it's not a manipulation. There simply is only half the supply, the price naturally has to raise.


wrong they can in the same way willy bot did it, you just need 50k bitcoin or even less, any exchange struggle to even reach 200k coins per volume, minus the big one

how having 25% of the volume of one exchange is not going to manipulate it? i think you guy don't know how many coins miners have
legendary
Activity: 1582
Merit: 1006
beware of your keys.
February 26, 2016, 02:10:15 AM
#57
supply halve + demand remain = price increase.
since the bitcoin price is now starting to increase, ready to buy more bitcoin for yourself to get rich. Tongue
if you mine bitcoins now, you can still earn a great amount of bitcoins until the halve.
member
Activity: 112
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 26, 2016, 12:51:14 AM
#56
I believe it may come early as we are in the era of E/HS now. More miners coming in would lead to faster hashing hence we may see it happen earlier. I suggest you buy up your coins by end April and wait it out for a nice profit
member
Activity: 112
Merit: 10
February 25, 2016, 11:02:17 PM
#55
http://bitcoinclock.com
Reward-Drop ETA: 2016-07-13 06:37:31 UTC
http://www.bitcoinblockhalf.com
Reward-Drop ETA date: 22 Jul 2016 20:21:01

any chance the block halving can forward to mei 2016 or backward to desember 2016?

im waiting the block halving and still save my BTC  Smiley

It's based on how many blocks mined, so only if miners consistently mine blocks faster or slower. It could be off by a few weeks I guess but not months.
legendary
Activity: 3472
Merit: 10611
February 25, 2016, 10:37:21 PM
#54
I think before halving occurs. bitcoin prices will continue to soar. as was the case in 2013

I hope so... but we really need to resolve the blocksize civil war before bitcoin can move forward- this itself will be the most important factor tthat will affect the price.

i agree, the block size debate has been going on long enough, there needs to be a solution soon in order for bitcoin to move forward and grow. especially since the blocks have been almost full for some time now.
legendary
Activity: 2282
Merit: 1023
February 25, 2016, 09:03:19 PM
#53
I think before halving occurs. bitcoin prices will continue to soar. as was the case in 2013

I hope so... but we really need to resolve the blocksize civil war before bitcoin can move forward- this itself will be the most important factor tthat will affect the price.
hero member
Activity: 1190
Merit: 500
February 25, 2016, 08:54:27 PM
#52
Bitcoin halving is on the way and we expect some good news from it as we want that the price of bitcoin should climb up so lets wait and watch what halving offers us.
I think before halving occurs. bitcoin prices will continue to soar. as was the case in 2013
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
February 25, 2016, 08:43:41 PM
#51
http://bitcoinclock.com
Reward-Drop ETA: 2016-07-13 06:37:31 UTC
http://www.bitcoinblockhalf.com
Reward-Drop ETA date: 22 Jul 2016 20:21:01

any chance the block halving can forward to mei 2016 or backward to desember 2016?

im waiting the block halving and still save my BTC  Smiley
full member
Activity: 896
Merit: 115
February 25, 2016, 08:28:17 PM
#50
Bitcoin halving is on the way and we expect some good news from it as we want that the price of bitcoin should climb up so lets wait and watch what halving offers us.
member
Activity: 112
Merit: 10
February 25, 2016, 08:19:02 PM
#49
It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

not really, there is a massive manipulation going on that is done by the miners themselves, if you think that the miner will let all their asic worth nothing you're wrong

it's too damn profitable for them, they will manipulate the market to increase the value

How exactly can miners manipulate the price (drive it up) when they only have bitcoins? The best they could do is to not to dump them on the market too quickly. But that's hardly a manipulation.

To manipulate the price up, they'd need large amounts of fiat money.

I agree with you. Miners cannot manipulate the price up, they could only manipulate the price down by dumping Bitcoin. That's the beauty of the halving: it's not a manipulation. There simply is only half the supply, the price naturally has to raise.
sr. member
Activity: 308
Merit: 250
February 25, 2016, 11:44:29 AM
#48
No. The difficulty will not increase. There will only be 12.5 BTC every 10 minutes, period. No matter what the difficulty is.
I presume the difficulty will decrease because many people will not be able to pay for the electricity mining only half of what they are mining now.
Until the price doubles, then they will turn on their rigs again.
Difficulty will not decrease if price stay high or even better continue rising.
But if price falls down miners will definitely be in problems.
They won't sell under the price and the price will correct soon.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
February 25, 2016, 11:12:44 AM
#47
wooooooooooooohooooooooooooooooooooooooooooooooooooooooooooo!!!!!  Cheesy
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