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Topic: BTC price doubled - is halving now priced in? - page 2. (Read 1705 times)

X7
legendary
Activity: 1162
Merit: 1009
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Hard to guess at this point, unlikely.
sr. member
Activity: 518
Merit: 254
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If halving could have a large impact on the price as most people say it really makes the price increase, maybe I'll buy Bitcoin and just wait a few months and then you can sell it.
And buy Bitcoin is very safe, you also do not need to think any way to grow, just waiting and watching the price.


I think it's best to wait for a few more months. I have a feeling that Bitcoin's price will drop a bit. And shoot once more just before the halving sets in. Best thing to do now I have to say is just do nothing. Don't sell, don't buy.
sr. member
Activity: 363
Merit: 250
If halving could have a large impact on the price as most people say it really makes the price increase, maybe I'll buy Bitcoin and just wait a few months and then you can sell it.
And buy Bitcoin is very safe, you also do not need to think any way to grow, just waiting and watching the price.
full member
Activity: 182
Merit: 100
maybe,but that price rise is not only halving,there is lot of positve news what support btc price rise
The major reasons are halving hype and chinese investors. Thats the only thing I think why bitcoin's price is soaring.
legendary
Activity: 1358
Merit: 1014
We need to go on the 800 area to consider something like that, and even then, the potential to grow is too strong to stay there, I think inertia of the bullish market will push us beyond 1000+ area rather soon.
Pab
legendary
Activity: 1862
Merit: 1012
maybe,but that price rise is not only halving,there is lot of positve news what support btc price rise
full member
Activity: 252
Merit: 100
This is probably establishing a new support line. We will see higher than this I believe but when people inevitably sell off this will probably be the area for which we return back to and then continue a slow climb after.
legendary
Activity: 3668
Merit: 6382
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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.

Imho it's a pre-halving pump. A dump may follow in the near future, I don't know it it will be before or only after the halving.
The brexit uncertainty may also count in the actual price.
full member
Activity: 182
Merit: 100
There is nothing like - stable price of BTC IMO. I consider only one benchmark for BTC price and it is the cost of mining.
And I believe to sustain mining, a price of BTC would have to be around $450 after the halving.
So the real - 'halving powered' movement of price will start after the halving will hit us.  I expect it might take even half year after initial reward drop.

Stable price means it doesnt soar high nor declined very low for a couple of months and I think thats what Op trying to say. $300-400 is the stable price we see when the year of 2016 entered.
legendary
Activity: 1400
Merit: 1001
There is nothing like - stable price of BTC IMO. I consider only one benchmark for BTC price and it is the cost of mining.
And I believe to sustain mining, a price of BTC would have to be around $450 after the halving.
So the real - 'halving powered' movement of price will start after the halving will hit us.  I expect it might take even half year after initial reward drop.
legendary
Activity: 3542
Merit: 1352
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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?
legendary
Activity: 896
Merit: 1000
the block halving is definitely priced in at this point. right now it's purely the hype and speculation effect that is making the price increase quickly. and on top of that, the demand coming from china also adds to the price going higher and higher.
zby
legendary
Activity: 1594
Merit: 1001
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.
legendary
Activity: 3374
Merit: 3095
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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
If miners will shutdown  it can affect the transaction speed.. i think the price right now from 2015 to 2016 its already reach doubled the value because of block halving coming and i think the price of bitcoin will reach 1k value or more depends in demand and supply.. we can not speculate it the exact price right now because bitcoin still in demand in chinese trading exchange
legendary
Activity: 2590
Merit: 1022
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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
zby
legendary
Activity: 1594
Merit: 1001
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.
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