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Topic: BTC halving - page 2. (Read 3975 times)

tyz
legendary
Activity: 3360
Merit: 1533
February 27, 2016, 05:35:38 PM
#54
The ABC of price creation Wink

Unfortunately, it is not that easy. There is a lot of speculation and I guess the halving has already priced in.

The bitcoin reward halving will reduce the supply of new coins. So the supply of new coins will reduce. If the demand is the same, the price will rise.
sr. member
Activity: 350
Merit: 250
February 27, 2016, 10:32:55 AM
#53
With the halving, the price will rise, thats why many people are holding their bitcoins at this moment.
It's nice to keep an eye out for the date of the halving.
legendary
Activity: 1540
Merit: 1013
February 27, 2016, 06:39:49 AM
#52
on the contrary, a lot of bitcoin speculators are anticipating a big price jump because of the block halving. although it is all speculation and not 100% but there is a good chance that this can happen.

It is not all speculation because this thing happened before in the past. If the same thing happened in the past then there is a good chance that it will happen once again. People tend to repeat history over and over again ( or foolishness ) because they want to get a good grip of the profit gained from the last bubble

Yeah that is common right.  People will like to know about how future rate of bitcoin. They will not easily let about bitcoin price.  Because most of the people are curious about the bitcoin price.

The future rate of bitcoin is not predictable and so does everything else so people always like to speculate. Actually by posting speculation like this some people will got affected by it and people could start buying therefore the price would increase alittle by little, thats the reason why the price has increased alot since last month
sr. member
Activity: 434
Merit: 250
February 27, 2016, 06:05:07 AM
#51
on the contrary, a lot of bitcoin speculators are anticipating a big price jump because of the block halving. although it is all speculation and not 100% but there is a good chance that this can happen.

It is not all speculation because this thing happened before in the past. If the same thing happened in the past then there is a good chance that it will happen once again. People tend to repeat history over and over again ( or foolishness ) because they want to get a good grip of the profit gained from the last bubble

Yeah that is common right.  People will like to know about how future rate of bitcoin. They will not easily let about bitcoin price.  Because most of the people are curious about the bitcoin price.
legendary
Activity: 1540
Merit: 1013
February 27, 2016, 05:09:38 AM
#50
on the contrary, a lot of bitcoin speculators are anticipating a big price jump because of the block halving. although it is all speculation and not 100% but there is a good chance that this can happen.

It is not all speculation because this thing happened before in the past. If the same thing happened in the past then there is a good chance that it will happen once again. People tend to repeat history over and over again ( or foolishness ) because they want to get a good grip of the profit gained from the last bubble
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 27, 2016, 04:20:44 AM
#49
What i know is bitcoin halving will affect the price of bitcoin. many people speculate the price of bitcoin will increase and i hope it will happen. and what happened to the bitcoin price today, is it because halving ?
I don't expect a sudden price increase. I expect an increase anticipating the halving, and after the halving we'll see if the new price can be sustained.

Yep. I'm going for this. I'm not exactly speculating a shoot up increase on the values. But slowly and sustainable.

on the contrary, a lot of bitcoin speculators are anticipating a big price jump because of the block halving. although it is all speculation and not 100% but there is a good chance that this can happen.

besides the anticipation will cause a lot of demand in the market from investors buying bitcoin in order to keep up with the changes and not get left behind. so as the result the price is most probably going to enter bubble only if there is some sort of initiation and a couple of issues like block size debate get solved.
full member
Activity: 238
Merit: 100
February 27, 2016, 02:29:56 AM
#48
What i know is bitcoin halving will affect the price of bitcoin. many people speculate the price of bitcoin will increase and i hope it will happen. and what happened to the bitcoin price today, is it because halving ?
I don't expect a sudden price increase. I expect an increase anticipating the halving, and after the halving we'll see if the new price can be sustained.

Yep. I'm going for this. I'm not exactly speculating a shoot up increase on the values. But slowly and sustainable.
legendary
Activity: 1946
Merit: 1137
February 27, 2016, 02:24:19 AM
#47
The bitcoin reward halving will reduce the supply of new coins. So the supply of new coins will reduce. If the demand is the same, the price will rise.

I fell like your trolling with one post and it being this.   The fact is all the pervious coins are out there.... so there are a LOT of coins out there for demand.  Having will not sneak up on us investors know it is coming.

We hope  price will rise.... but there is no way to prove it 100 percent.  Speculation is hard anymore just look at difficulty of miners which is highly linked to new coins... it's been crazy +20 then maybe a negative this turn.  Those are big changes no one could have predicted.
I just add that after previous halving price didn't rise at all, it went down slightly. We may argue that at that time bitcoin market wasn't that saturated and market cap was a lot lower.
But you have to consider that halving alone is not enough to push the price of BTC. There is a lot coins in circulation already (+15 millions). Do we need more supply?

the supply that changes the price is not the total number of bitcoins in circulation.
it is the number of bitcoins that are being traded (sold) buy owners of those coins. 15 million or whatever the amount is consists of lost coins, satoshi coins which will be untouched, a lot of bitcoin holders, many services and businesses that are holding bitcoin and working directly with it,... so it does not mean all those coins are being sold each day that create a big supply.
legendary
Activity: 1400
Merit: 1001
February 26, 2016, 01:22:09 PM
#46
The bitcoin reward halving will reduce the supply of new coins. So the supply of new coins will reduce. If the demand is the same, the price will rise.

I fell like your trolling with one post and it being this.   The fact is all the pervious coins are out there.... so there are a LOT of coins out there for demand.  Having will not sneak up on us investors know it is coming.

We hope  price will rise.... but there is no way to prove it 100 percent.  Speculation is hard anymore just look at difficulty of miners which is highly linked to new coins... it's been crazy +20 then maybe a negative this turn.  Those are big changes no one could have predicted.
I just add that after previous halving price didn't rise at all, it went down slightly. We may argue that at that time bitcoin market wasn't that saturated and market cap was a lot lower.
But you have to consider that halving alone is not enough to push the price of BTC. There is a lot coins in circulation already (+15 millions). Do we need more supply?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
February 26, 2016, 10:23:06 AM
#45
What i know is bitcoin halving will affect the price of bitcoin. many people speculate the price of bitcoin will increase and i hope it will happen. and what happened to the bitcoin price today, is it because halving ?
I don't expect a sudden price increase. I expect an increase anticipating the halving, and after the halving we'll see if the new price can be sustained.
legendary
Activity: 1456
Merit: 1000
February 26, 2016, 09:54:59 AM
#44
The bitcoin reward halving will reduce the supply of new coins. So the supply of new coins will reduce. If the demand is the same, the price will rise.

I fell like your trolling with one post and it being this.   The fact is all the pervious coins are out there.... so there are a LOT of coins out there for demand.  Having will not sneak up on us investors know it is coming.

We hope  price will rise.... but there is no way to prove it 100 percent.  Speculation is hard anymore just look at difficulty of miners which is highly linked to new coins... it's been crazy +20 then maybe a negative this turn.  Those are big changes no one could have predicted.
full member
Activity: 759
Merit: 105
February 26, 2016, 06:15:49 AM
#43
The bitcoin reward halving will reduce the supply of new coins. So the supply of new coins will reduce. If the demand is the same, the price will rise.
hero member
Activity: 714
Merit: 528
February 26, 2016, 05:42:41 AM
#42
I remember when the first halving happened. I got drunk and forgot about it. BTC was the same price the next day. Cool
Because the demand at that time is not really that big, hence the impact on the price is almost unnoticeable Smiley
But, times has proved that the demand is increasing as more companies are adopting bitcoin as their method of payment
I'm Positive this year's halving will be different Smiley
full member
Activity: 154
Merit: 100
February 26, 2016, 05:35:44 AM
#41
you should wait for halving because it is coming after 4 months later, and used it, automatically you will know about this. its a good way to get profit.
hero member
Activity: 756
Merit: 501
February 26, 2016, 02:28:07 AM
#40
I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?

the miners are people with devices who are mining bitcoin, so halving does not have any effect on that. if they decide to stop or add more devices to their farm the number changer.

what is changing is the "newly generated bitcoins" which is the reward those people get for mining one block successfully. that reward is 25BTC right now but it is going to become 1/2 (half) of what it is. so after the halving those guys are being rewarded 12.5BTC for their work.

and how many minutes does one antminer s7 needed to mine one block today's?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 26, 2016, 02:24:02 AM
#39
I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?

the miners are people with devices who are mining bitcoin, so halving does not have any effect on that. if they decide to stop or add more devices to their farm the number changer.

what is changing is the "newly generated bitcoins" which is the reward those people get for mining one block successfully. that reward is 25BTC right now but it is going to become 1/2 (half) of what it is. so after the halving those guys are being rewarded 12.5BTC for their work.
hero member
Activity: 756
Merit: 501
February 26, 2016, 01:42:51 AM
#38
I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
February 26, 2016, 01:32:31 AM
#37
I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.
legendary
Activity: 1638
Merit: 1046
February 25, 2016, 05:32:38 PM
#36
I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..
legendary
Activity: 1456
Merit: 1000
February 25, 2016, 04:37:36 PM
#35
Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Personally, I think the price can reach at least +50%, ideally it would be +100%, however that wont be immediate.

Merchants and investors have to get used to it, so it might take longer for price doubling.

I agree on not being immediate.  If anything we should see signs before having. With it being known investors know LONG before it is going to happen.  How much though... that is hard to say.

Just impossible to have good speculation that far away.  No one really can give a accurate anwser it's a guess at this point.
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