Does the next halving really matter that much?

Chachacoin17

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Quote from: aranachristianjay on May 31, 2016, 02:32:14 AM

Quote from: erwin45hacked on May 31, 2016, 01:18:45 AM

Quote from: Amph on May 31, 2016, 12:28:06 AM

yeah because without the miner taking their profit, you have nothing besides an insecure network that can fall apart at any given time

price need to increase no matter what other think, it's how this entire thing was designed, the halving just happear to be the right catalyst for this

The entire thing was designed to be a currency not something that based itself solely on hype. The reason that the price increase was because there are alot stupid people that believe the price will increase after haling a d the truth was they were the one causing it to increase by buying it

yeah but this sudden increase will fall down again after the those people realized after halving that the price didn't actually affected by the said halving ,as there are still a lot to mined and another reason is that demands for this BTC can always be matched by the sales, because this is a currency and it is not consumed so price of this coin are actually not affected even though the supply from miners gone low as those 25 million will always be on the network. and will not fade. as there are Buyers; there are sellers and vice versa.

The status of the BTC will not maintain to the top it has flactuation it keeps moving that is the reason that we need to look for the market stage aso that we will be able to keep in track and knows what are the updates of it. Their are lots of buyers and they matter to in demand so that they will be able to identify either gain or lose.

sanas

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Quote from: amacar2 on September 18, 2016, 01:08:02 PM

Quote from: Carmen_Sandiego on September 17, 2016, 01:59:32 AM

Of course, because after the halving there are less coins being added to the supply, the effect takes time to be visible in the price though.

Actually even after halving and supply get limited, price may not easily get pumped because after halving it needs more fresh money that can increase total marketcap of bitcoin. So yes obviously halving will keep on limiting supply but demand should also be increased to see effect on price.

If the block size does not increase, many people will not use the bitcoin, the price will not rise much.

amacar2

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Quote from: Carmen_Sandiego on September 17, 2016, 01:59:32 AM

Of course, because after the halving there are less coins being added to the supply, the effect takes time to be visible in the price though.

Actually even after halving and supply get limited, price may not easily get pumped because after halving it needs more fresh money that can increase total marketcap of bitcoin. So yes obviously halving will keep on limiting supply but demand should also be increased to see effect on price.

Tanic

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When was that halving it didn't affect on me somehow. Because that moment I have just entered in bitcoin world amd only began to make my first satoshies. And cause of that here on bitcoin talk one month you work as nobody here and without any payment and that sites that give free bitcoins give really few$ I could save only 0.2$ to the moment when the halving began. hahaha So I just skipped that.

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Quote from: Viyamore on September 17, 2016, 05:13:22 AM

Quote from: mirakal on September 17, 2016, 03:14:38 AM

Quote from: SvenBomvolen on September 17, 2016, 02:06:47 AM

Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
Or that is the plan, and what most people here expect to happen one day.

Have you noticed that every time halving comes the price is good, that is what happen this year also because the halving took place this year and look at the price now, it doubles already compared to the opening price of the year 2016 so I think it really matters for us to make profit.

We need more years and adoption of bitcoin the mere fact there are many updates about bitcoins use which can make people got curious what is it and what are bitcoins ,like update news, Bitcoins Blockchain is planning to use by the IBM and Tokyo's Largest bank by this 2017.Banks are now planning to use bitcoins ,italy to use bitcoins as their currency .So this next halving season will be a shaking ground which i think a big boom to the bitcoins price and to the new investors .

A major fiat currency crash (Euro, USD or Yuan) would instantaneously add a lot more to Bitcoin popularity and adoption than years of positive news or plans to use Bitcoin by technological companies and financial corporations (which may well remain just plans). When Bitcoin was at its last lows at around $200 about only a year ago, it was regular devaluation sessions of Yuan carried out by the Chinese Central bank that reversed the Bitcoin price decline which had lasted for over a year by that time...

When money talks, bullshit walks

sanas

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Quote from: Viyamore on September 17, 2016, 05:13:22 AM

Quote from: mirakal on September 17, 2016, 03:14:38 AM

Quote from: SvenBomvolen on September 17, 2016, 02:06:47 AM

Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
Or that is the plan, and what most people here expect to happen one day.

Have you noticed that every time halving comes the price is good, that is what happen this year also because the halving took place this year and look at the price now, it doubles already compared to the opening price of the year 2016 so I think it really matters for us to make profit.

We need more years and adoption of bitcoin the mere fact there are many updates about bitcoins use which can make people got curious what is it and what are bitcoins ,like update news, Bitcoins Blockchain is planning to use by the IBM and Tokyo's Largest bank by this 2017.Banks are now planning to use bitcoins ,italy to use bitcoins as their currency .So this next halving season will be a shaking ground which i think a big boom to the bitcoins price and to the new investors .

Adoption is the most important factor in determining the bitcoin price. The more people use it, the higher the price.

Viyamore

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Quote from: mirakal on September 17, 2016, 03:14:38 AM

Quote from: SvenBomvolen on September 17, 2016, 02:06:47 AM

Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
Or that is the plan, and what most people here expect to happen one day.

Have you noticed that every time halving comes the price is good, that is what happen this year also because the halving took place this year and look at the price now, it doubles already compared to the opening price of the year 2016 so I think it really matters for us to make profit.

We need more years and adoption of bitcoin the mere fact there are many updates about bitcoins use which can make people got curious what is it and what are bitcoins ,like update news, Bitcoins Blockchain is planning to use by the IBM and Tokyo's Largest bank by this 2017.Banks are now planning to use bitcoins ,italy to use bitcoins as their currency .So this next halving season will be a shaking ground which i think a big boom to the bitcoins price and to the new investors .

mirakal

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Quote from: SvenBomvolen on September 17, 2016, 02:06:47 AM

Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
Or that is the plan, and what most people here expect to happen one day.

Have you noticed that every time halving comes the price is good, that is what happen this year also because the halving took place this year and look at the price now, it doubles already compared to the opening price of the year 2016 so I think it really matters for us to make profit.

SvenBomvolen

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Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
Or that is the plan, and what most people here expect to happen one day.

Carmen_Sandiego

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Of course, because after the halving there are less coins being added to the supply, the effect takes time to be visible in the price though.

deisik

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Quote from: Decoded on September 09, 2016, 06:42:52 AM

Honestly only people with half a brain would think the price would go up after the halving. Everyone was holding their bitcoin waiting for a price increase, when in actuality they were making the price increase by buying bitcoin to hold. History repeats itself, this is going to happen every halving.

Well, it never occurred to me that halving could actually refer to brains (apart from Bitcoin mining reward halving). Nevertheless, despite all the hype, we still have to face the fact that Bitcoin supply had been essentially halved. And it was not a one-off event in the sense we now have half as many Bitcoins mined, everyday. Obviously, miners are neither the only ones who contribute to the market supply of Bitcoins, nor do they necessarily sell all their newly mined coins (this had already been a matter of hot debates before the recent halving). On the other hand, the expansion of Bitcoin user base (e.g. due to legalizing Bitcoin in Russia) can easily swallow up what's left of this residual supply. The moral is that we may not have yet seen the long-term effects of the halving up to the hilt, and they are fundamentally bullish, no matter what...

Alternately stated, we have yet to find out who had their brains halved

Decoded

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Honestly only people with half a brain would think the price would go up after the halving. Everyone was holding their bitcoin waiting for a price increase, when in actuality they were making the price increase by buying bitcoin to hold. History repeats itself, this is going to happen every halving.

Aamir1

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Quote from: bearex on May 28, 2016, 02:13:35 AM

Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?

Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.

My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...

So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?

That happened already, halving went away and there wasn't any skyrocketing of bitcoin price as what people have been predicting, but that couldn't create any panics among them as well i think and now all of them are waiting and wishing for the next halving to bring a drastic change in the price.

sanas

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Quote from: takingthis4 on August 30, 2016, 08:24:27 AM

Quote from: potatopower on August 27, 2016, 04:17:19 PM

Quote from: dragunfly on August 10, 2016, 03:53:54 PM

i think halving will really matter because it helps the price to go up over time

of course it matters a lot, it makes the price of the bitcoin not drop too much, also in a longer run i think that it will make the price go up

yeah, it is one of the main things what makes bitcoins alive and allows the price to keep on growing, its really good that we have it

The fixed supply of the bitcoin is very good for the long term health. I buy and invest in bitcoin because of that.

takingthis4

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Quote from: potatopower on August 27, 2016, 04:17:19 PM

Quote from: dragunfly on August 10, 2016, 03:53:54 PM

i think halving will really matter because it helps the price to go up over time

of course it matters a lot, it makes the price of the bitcoin not drop too much, also in a longer run i think that it will make the price go up

yeah, it is one of the main things what makes bitcoins alive and allows the price to keep on growing, its really good that we have it

potatopower

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Quote from: dragunfly on August 10, 2016, 03:53:54 PM

i think halving will really matter because it helps the price to go up over time

of course it matters a lot, it makes the price of the bitcoin not drop too much, also in a longer run i think that it will make the price go up

techfm86

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I think so, after the halving there is less coins being added in the supply, but the effect takes time to be visible in the price.

Doamader

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Quote from: deisik on August 23, 2016, 11:14:49 AM

Quote from: mandica on August 23, 2016, 11:00:08 AM

Quote from: jaysabi on August 18, 2016, 02:17:25 PM

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

In the simplest case, for the price to rise two times, the demand should exceed the supply as much (other things being constant, e.g. supply and demand elasticities). This essentially means that at the current price level (i.e. before the demand and supply are rebalanced at a higher price), two bitcoins would be bought (aggregate demand) with only one sold (aggregate supply). This discrepancy is the prerequisite for the price to rise, and it is not something purely hypothetical (as it might seem at first glance)...

Since the bitcoin which is left unpurchased (sellers no longer willing to sell at current prices) will be bought at a higher price

This current demand may get bigger if the megaupload owner brings those big community he had and keep several of them, into crypto world, and special into bitcoin. All halvings are important there isnt one more important then other, the only thing is the community of bitcoin is growing and at each stage of halving we will see how people react to less and less coins.

deisik

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Quote from: mandica on August 23, 2016, 11:00:08 AM

Quote from: jaysabi on August 18, 2016, 02:17:25 PM

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

In the simplest case, for the price to rise two times, the demand should exceed the supply as much (other things being constant, e.g. supply and demand elasticities). This essentially means that at the current price level (i.e. before the demand and supply are rebalanced at a higher price), two bitcoins would be bought (aggregate demand) with only one sold (aggregate supply). This discrepancy is the prerequisite for the price to rise, and it is not something purely hypothetical (as it might seem at first glance)...

Since the bitcoin which is left unpurchased (sellers no longer willing to sell at current prices) will be bought at a higher price

mandica

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Quote from: jaysabi on August 18, 2016, 02:17:25 PM

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

Topic: Does the next halving really matter that much? (Read 10040 times)