BITCOIN HALVING IS COMING!!! - page 4.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: pawel7777 on February 25, 2016, 08:47:53 AM

Quote from: Amph on February 25, 2016, 07:54:24 AM

Lol, no. Even if, for the sake of argument, I was to agree with you, you still have to admit that even in such scenario miners are still in much worse position to successfully pull that off than any big fiat holders (as the latter don't have to neutralise effects of price-drop first, caused by the initial dump). So not really well-suited for market manipulators.

it's actually doable and was what willy bot did in the past with the 1300 ath, manipulation it's all about make the other buy instead of you, not you buy everything and wait for another to dump, that is being retarded

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: Amph on February 25, 2016, 07:54:24 AM

is this even a question?

Yes. That's what the question mark indicates, innit?:

Quote from: Amph on February 25, 2016, 07:54:24 AM

it's clear that you sell first to instigate a dump and then buy and instigate a pump, that's how manipulation work, you don't buy/dump everything

Lol, no. Even if, for the sake of argument, I was to agree with you, you still have to admit that even in such scenario miners are still in much worse position to successfully pull that off than any big fiat holders (as the latter don't have to neutralise effects of price-drop first, caused by the initial dump). So not really well-suited for market manipulators.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: pawel7777 on February 25, 2016, 06:54:28 AM

Quote from: Amph on February 25, 2016, 06:37:39 AM

Quote from: pawel7777 on February 25, 2016, 06:23:13 AM

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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.

they have a large amount of bitcoin, see above, any big chinese farm out there is sitting on 50k coins easily, if they combine their manipulation they can overcome the one of the exchange even big exchange

I sense you only briefly scanned my post. That's not what I'm asking.

Let's try again. Imagine you have huge BTC holdings, but no fiat money. How do you manipulate the price up?

is this even a question? it's clear that you sell first to instigate a dump and then buy and instigate a pump, that's how manipulation work, you don't buy/dump everything

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: Jet Cash on February 25, 2016, 07:15:53 AM

Quote from: pawel7777 on February 25, 2016, 06:54:28 AM

Let's try again. Imagine you have huge BTC holdings, but no fiat money. How do you manipulate the price up?

You increase demand, and also encourage saving. To increase demand, I believe that you need to speed up transactions, and improve the image of Bitcoin. It is my belief that it will be neccessary to free Bitcoin from the chains of 10 minute block intervals, if there is to be any significant acceptance by the general public.

Yeah, you're talking in general, but I'm only referring to price manipulation by miners. They don't have ability to create more demand, encourage saving etc (unless you expect them to run Bitcoin advertising campaigns, spread awareness etc, so not quite what miners do).

Since miners would only be interested in price going up, then how can they manipulate the exchanges? They're not very well suited to successfully create any fake pumps, unless they're ready to engage significant amount of fiat money.

watashi-kokoto

sr. member

Activity: 687

Merit: 269

I'm just waiting for deutsche bank to collapse, selling my flat and going Bitcoin All-in

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Quote from: pawel7777 on February 25, 2016, 06:54:28 AM

Let's try again. Imagine you have huge BTC holdings, but no fiat money. How do you manipulate the price up?

You increase demand, and also encourage saving. To increase demand, I believe that you need to speed up transactions, and improve the image of Bitcoin. It is my belief that it will be neccessary to free Bitcoin from the chains of 10 minute block intervals, if there is to be any significant acceptance by the general public.

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: Amph on February 25, 2016, 06:37:39 AM

Quote from: pawel7777 on February 25, 2016, 06:23:13 AM

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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.

they have a large amount of bitcoin, see above, any big chinese farm out there is sitting on 50k coins easily, if they combine their manipulation they can overcome the one of the exchange even big exchange

I sense you only briefly scanned my post. That's not what I'm asking.

Let's try again. Imagine you have huge BTC holdings, but no fiat money. How do you manipulate the price up?

pneumatic5

full member

Activity: 238

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Quote from: ~Bitcoin~ on February 25, 2016, 06:07:15 AM

Quote from: vinaha on February 24, 2016, 04:08:06 PM

I think we need to buy now and hodl - hold until well after the halving, when the price is in the thousands.

Don't expect price to get skyrocket to thousands just on halving time. Its better to hold till the end of this year.

Yeah, that's right, its better to hold till the end of this year, as the price would be higher after halving, but its better to wait a bit longer, sell a part after halving and rest hold till the year end.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: pawel7777 on February 25, 2016, 06:23:13 AM

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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.

they have a large amount of bitcoin, see above, any big chinese farm out there is sitting on 50k coins easily, if they combine their manipulation they can overcome the one of the exchange even big exchange

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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.

sanadas

sr. member

Activity: 252

Merit: 250

Quote from: vinaha on February 25, 2016, 02:24:04 AM

Quote from: venan on February 24, 2016, 04:48:05 PM

Quote from: vinaha on February 24, 2016, 04:30:53 PM

Quote from: Coaxme on February 24, 2016, 04:23:26 PM

Quote from: venan on February 24, 2016, 04:11:25 PM

and what will happened after halving? what it means? after halving difficulty will increase or decrease?

The difficulty will be increase since the blocks is 12.5BTC

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.

it means after halving the amount of btc from mining will dercrease, yes? e.g: if i have antiminer s7 with 4.7th/s and i am earning 0.01458042 BTC in one hour with today's difficulty, after halving it will decreased?

So it means that after the halving, supposing that the difficulty is the same as today, you will get half of that. So you would mine 0.00729021

When the halving comes, the difficulty will be at least double of today's. The 16 nm miner will be there soon.

ekoice

hero member

Activity: 742

Merit: 500

Quote from: ~Bitcoin~ on February 25, 2016, 06:07:15 AM

Quote from: vinaha on February 24, 2016, 04:08:06 PM

I think we need to buy now and hodl - hold until well after the halving, when the price is in the thousands.

Don't expect price to get skyrocket to thousands just on halving time. Its better to hold till the end of this year.

I am so glad with this news of bitcoin halving news that its coming very soon and i am sure prices will go higher as our expectations and soon a great outcome will show up and again we would get several chances to get more accounts. I am so excited with this halving.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

Quote from: vinaha on February 24, 2016, 04:08:06 PM

I think we need to buy now and hodl - hold until well after the halving, when the price is in the thousands.

Don't expect price to get skyrocket to thousands just on halving time. Its better to hold till the end of this year.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: vinaha on February 23, 2016, 07:15:31 PM

Does anyone have a good guesstimate as to when the halving will happen - like a close guess of the date?

you can check on this site, http://www.bitcoinblockhalf.com/ on that site mentioning the date of bicoin halving : 27 Jul 2016 10:59:15
lets wish the best for us,bitcoin price to the moon,and stable after bitcoin halving.

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

1000$ for BTC coming

after dump will stabilise at 700-800$. Next year 1000+. This is my prediction.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: vinaha on February 25, 2016, 02:43:22 AM

Quote from: aarons6 on February 25, 2016, 02:33:57 AM

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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 mienrs 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

um you do know that only 3600 bitcoins are made a day..

i cant see how that much can make a miner be in a position to massively manipulate the bitcoin market.

there is already 15.5 MILLION bitcoins on the market.. a few thousand a day wont do much to increase or decrease its value.

Yes but 15.5 million coins are not for sale on exchanges right now. I sure do not have a single of my coins for sale and I know I'm not the only one hodling.
Of all the bitcoins available, the ones mined each day are the most transient. Cut that in half and yes it will effect the exchanges.

that's right, at best one exchange can have 200k-500k coins, so it is easily manipulated by someone with at least 50k coins, let alone 100k or more

capcher

full member

Activity: 224

Merit: 100

This user is currently ignored.

Quote from: VegasCasinoBits on February 25, 2016, 02:40:27 AM

Looks nice,

i think i will keep my btc from now to the halving are over,

Looks spammy

. I think I will keep ignoring your posts from now to the end of time,

vinaha

member

Activity: 112

Merit: 10

Quote from: aarons6 on February 25, 2016, 02:33:57 AM

Quote from: Amph on February 25, 2016, 02:28:21 AM

Quote from: Jet Cash on February 24, 2016, 08:16:01 PM

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 mienrs 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

um you do know that only 3600 bitcoins are made a day..

i cant see how that much can make a miner be in a position to massively manipulate the bitcoin market.

there is already 15.5 MILLION bitcoins on the market.. a few thousand a day wont do much to increase or decrease its value.

Yes but 15.5 million coins are not for sale on exchanges right now. I sure do not have a single of my coins for sale and I know I'm not the only one hodling.
Of all the bitcoins available, the ones mined each day are the most transient. Cut that in half and yes it will effect the exchanges.

teddy5145

hero member

Activity: 714

Merit: 528

Quote from: venan on February 24, 2016, 04:11:25 PM

and what will happened after halving? what it means? after halving difficulty will increase or decrease?

today, whenever a miner solved a block they will get 25 BTC as their prize
But, after the halving the btc they received will be lowered to 12.5 BTC, hence the name halving comes from

And the difficulty for bitcoin will increase overtime so i think we both know the answer to that Wink

Quote from: snipie on February 24, 2016, 04:06:18 PM

Quote from: Amph on February 24, 2016, 04:01:17 PM

bitcoin halving != bitcoin value increase
in the sense that the value will not come on the same date, it could come at the end of this year for all we know

Or the price will increase few days or weeks before the halving, some people will buy as much as they could, finally we may not see <$450/500 again Wink

And when the halving comes people will dump their bitcoin massively to get profit, and could be rendering the bitcoin price back to $400 Tongue

VegasCasinoBits

full member

Activity: 203

Merit: 100

Quote from: pawel7777 on February 23, 2016, 07:28:28 PM

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

Looks nice,

i think i will keep my btc from now to the halving are over,

Topic: BITCOIN HALVING IS COMING!!! - page 4. (Read 3883 times)