Pages:
Author

Topic: BTC price doubled - is halving now priced in? (Read 1707 times)

sr. member
Activity: 364
Merit: 250
As you can see now you see that the price is indeed rising fast now and that is perfect for people who already have Bitcoin and want to sell it soon.
But it is not that easy to earn some profit because it is hard to find to moment to sell it.
full member
Activity: 182
Merit: 100
The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.

The market is reacting to multiple things from what I see.

You can see the ETH people are now splitting their funds back to bitcoin which adds this scenario. And market watchers like traders who day trading are watching into purchase orders on the chinese exchange which effects the US market as well.

You can use the chinese market sort of as a buffer to see how well the US exchange will react.

The sudden conversion of people from ETH to BTC is  because of the DAO hack issue that happened recently. I believe this has nothing to do with halving event.
legendary
Activity: 938
Merit: 1000
What is certain is that it will be more scarce and more difficult to obtain which will affect the price.
legendary
Activity: 2618
Merit: 1105
Price seems to have quadrupled since we were in talks of halving, as the price was dumped till 200 and was playing there only.
We are currently into 800s and heading towards 1000, but I don't know where it will take us in the end, as halving has not taken place yet.
legendary
Activity: 1946
Merit: 1137
this is just slowing down on the way to top, in order to shakeout some of the panic sellers who will just dump their coins in the pockets of the whales who are waiting for them to do this.

so to answer your question i have to say, no it is not yet priced in. there is still time and a lot more up to go.
hero member
Activity: 770
Merit: 500
The double of the price is in my mention just the difficulty and the halving is still incoming Wink
yeah, the upcoming halving is affecting the price real hard in my opinion, thats why we see such a huge bitcoin price increase in my opinion, and it is definitely great as it attracts more people

the halving did not price in yet in my opinion because the price has a lot of potential to grow even more right now in my opinion, i hope that im right about the price because im holding some bitcoins now
member
Activity: 98
Merit: 10
no halving is not yet priced in, there is still a lot of room to grow.

bitcoin price is still low and can easily go higher than this. this level is going to take a while to become stable and then after that start moving up.
Exactly..Halvening is to be priced in in the mid-July and there will be a lots of ups and downs till then..Afterall, bitcoin is very well known for its ups and downs in the market price..
legendary
Activity: 1162
Merit: 1000
The halving only will be priced after the effect of the fact that blocks give half reward is stabilized, what might take some months or weeks at least.

What may or may not be priced is the expectation about the effects, what is a different thing.

Not counting the hypothesis of an artificial pump created by whales or by the expectation that the price will increase near the halving, so everyone buys and the price indeed increases.

We will only know what is true after everything is settled, good or badly
legendary
Activity: 1232
Merit: 1091
I am sure there is still more room for growth from the current price. My guess is that the price will attempt to touch $1000 in the coming weeks before seeing a massive correction.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
The range for the 'stable period' was something like $200-300 so it has actually more than doubled now.

Some believe that the mining cost should be the support for the price - the current price will be above mining cost after halving.
Others believe that there is a constant demand in USD - so if we slush the demand in half - then we need the price to grow twice to meet the demand.

No.
We are due for a huge Bullish move, and past efforts went way beyond the previous all-time high.
When we get to ~$3,497.76 you should look to sell large amounts of BTC.  Smiley
member
Activity: 112
Merit: 10
The double of the price is in my mention just the difficulty and the halving is still incoming Wink
hero member
Activity: 714
Merit: 501
no halving is not yet priced in, there is still a lot of room to grow.

bitcoin price is still low and can easily go higher than this. this level is going to take a while to become stable and then after that start moving up.
legendary
Activity: 1232
Merit: 1000
Yes, the halving has more or less been priced in.
We may still see some upside due to momentum, but it might not be wise to bet on immediate gains.
hero member
Activity: 826
Merit: 1000
The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.

The market is reacting to multiple things from what I see.

You can see the ETH people are now splitting their funds back to bitcoin which adds this scenario. And market watchers like traders who day trading are watching into purchase orders on the chinese exchange which effects the US market as well.

You can use the chinese market sort of as a buffer to see how well the US exchange will react.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
If miners will shutdown  it can affect the transaction speed..

No, it temporarily increases the time a new block is found till the difficulty automatically gets adjusted to the new situation.
In other words, your transactions will still cross the globe at an incredible speed. Bitcoin sure is a thing of beauty, isn't it?
sr. member
Activity: 350
Merit: 250
The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
You can't just look at the price. You also account for the difficulty. The difficulty has risen a lot since when the price was half of what it is now.

This is what I would say too, the rise of the price is needed but we should also consider the difficulty
I think ±$850-900 at least should be achieved after the halving which I think will happens
legendary
Activity: 3248
Merit: 1070
still not double, doubling would mean reaching 860 right? 750 is not 860 lol, but for now the halving would be priced in yes, miners have a big margin of profit now, no need to shut down their miners anymore

2*300 = 600

$300 was the range boundary at the bottom semi stable period.

uh what you are talking about, the price was 430 all the time, before that pump, so the real bottom was 400, not 300 at all, so the real double is 800 at the very least, there is no way that 600 can be considered the double of the previous bottom

still not double, doubling would mean reaching 860 right? 750 is not 860 lol, but for now the halving would be priced in yes, miners have a big margin of profit now, no need to shut down their miners anymore

Stable price range was about $280-$300 and it stagnated from there in a couple of months or so. Where were you when those "bitcoin is dying" posts were around the corner just because the price isn't moving for weeks?

wrong was 400, 230 was the previous bottom before the pump to 500 and consolidation to 430

maybe you guys are just trolling
legendary
Activity: 4522
Merit: 3426
You can't just look at the price. You must also account for the change in difficulty. The difficulty has risen a lot since when the price was half of what it is now.
legendary
Activity: 1218
Merit: 1007
There is next to no way to confirm what the value of Bitcoin should be for the halving unless you are a miner of have close connections with miners already. They can tell you how much they'd need to jack up their selling value in order to cope with the halving, and then you could base your investments around that.

$600-$800 seems like where the price would reside to be stable enough for the miners.
Pages:
Jump to: