Topic: Does the next halving really matter that much? - page 2. (Read 10040 times)
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.
If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.
If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...
Is there anyone who could possibly disagree with that?
You should never forget the basics of economics which are pretty clear here. Halving predictably halves the miners revenue (did you expect something else?), but revenue is not profit, so to compensate for the loss (partial or total) of profits the price should necessarily increase more than twice. And more than twice is actually a great underestimation in respect to what real Bitcoin price rise should be for miners to remain profitable. This is what happened before this halving (prices grew more than three times), but for the next halving they should increase pretty much by the same ratio again from the current price levels...
All this essentially means that for one bitcoin sold more than two should be bought (three would do much better)
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...
Care to explain?
If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.
If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...
Is there anyone who could possibly disagree with that?
At 2020 the year the next halving should happen, for sure it will be meaning a lot as i believe it will when bitcoin will hit again the 1000 dollars , and stand stable at that price, soo recover from the past and achieve those value for me its like a restart for those who invested at bitcoin and got scared as bitcoin went to 200 dollars. Soo reach once again those 4 digits will be like making history and i will be here to see it happen.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...
Care to explain?
If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.
If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...
Is there anyone who could possibly disagree with that?
If it's like this past halving, the price will increase before the halving and then it may pull back a little after it is over. I would assume that will happen based on knowing in advance that it is coming.
If you mean if it matters on price,then it actually can matter and not-it depends on how the market reacts to it but the halving itself doesn't neccessarily mean anything in regards of price.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...
Care to explain?
If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.
They can be make more profit these following month..
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...
Care to explain?
If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...
Care to explain?
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
i think halving will really matter because it helps the price to go up over time
After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.
i think halving will really matter because it helps the price to go up over time
At this moment it seems to me the only thing can can positively influence the bitcoin price are halving. With good news; new versions, news; steem accepting bitcoin or the brexit debacle the price was not moved an inch, but for some reason when it is about halving the price goes up just like that.
So yeah it matters a lot, although I am sure before 2020 the price will increase gradually.
So yeah it matters a lot, although I am sure before 2020 the price will increase gradually.
the price did really increased but not for halving but because of holding before halving and now since we have seen about what just happened on this haling next time it will start decreasing its importance.
With increased usage and wider adoption of Bitcoin, the demand for bitcoins is always increasing, there was a good impact in price before recent halving and it showed no positive signs after. we cant predict whether the next halving brings good impact on price, that we can see later.
Four years is a lot of time. Anything can happen in the interim, and, in this way, the next halving can be totally discarded for the time being if you are trying to make an "educated" guess, lol
In the next 4 years, the bitcoin price will be affected by the mass adoption. The more usage, the higher the fee, the less effect of the halving.
After a few more halving, the transactions within a block will be more than the block reward due to the general usage.
It is not given. If the usage doesn't expand but the rewards decline (due to forthcoming halvings), miners may try to cause an artificial jam as it had happened exactly one year ago. It may help them short-term, but in the long run users will just start to transact less with higher amounts per transaction...
And the fees may actually decrease per block
With increased usage and wider adoption of Bitcoin, the demand for bitcoins is always increasing, there was a good impact in price before recent halving and it showed no positive signs after. we cant predict whether the next halving brings good impact on price, that we can see later.
Four years is a lot of time. Anything can happen in the interim, and, in this way, the next halving can be totally discarded for the time being if you are trying to make an "educated" guess, lol
In the next 4 years, the bitcoin price will be affected by the mass adoption. The more usage, the higher the fee, the less effect of the halving.
After a few more halving, the transactions within a block will be more than the block reward due to the general usage.
until now there has been significant change. bitcoin price has declined compared to the previous. halving halving no impact and also make the market very panic.
and there most probably wont be any improvement in the near future, i think that it should grow at some point though i cannot tell it for sure Jump to: