Does the next halving really matter that much? - page 5.

mundang

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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?

The first one in your prediction is absolutely right. The second one is happening right now.
And your last prediction maybe it will happen next month.

sanas

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Quote from: junder on July 30, 2016, 01:05:15 AM

I think it the next halving the price of bitcoin will be increase to $1000 or more
because the next halving in 2020 years is the last block halving day.

The price rose a few times in the last halving. So I think similar things will happen. The price will be $5000 or higher.

Wendigo

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I think the next halving and any halving thereafter will only concern the Bitcoin miners. For the average Joe like you and me it won't matter that much because we are only using the digital currency in transactions and that's all. We don't have to balance between ROI and ongoing expenses so except for hopefully increasing the price the next halving won't matter to me.

junder

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I think it the next halving the price of bitcoin will be increase to $1000 or more
because the next halving in 2020 years is the last block halving day.

ultrloa

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Quote from: rio3233 on July 29, 2016, 11:46:46 AM

Maybe the next halving will works. Because many people will expected like the last halving and people will keep their bitcoins and it's make the price of bitcoin increase same as now.

Yes i really agree next halving could be more exciting time to be happen on next time it will occur because many people are already aware that halving is the time to earn more profits with bitcoins and im pretty sure that many people would store and hold their bitcoins by the said event and that could lift up the price for bitcoins for more and that scenario can be considerable that next halving will be the next big thing will be happen to bitcoins existence.

Quote from: bitdumper on July 29, 2016, 01:30:58 PM

yes it does. maybe we know that price does not effect much during halng process but we know one thing that bitcoin block reward will be teduced and miners will need more power to get more profit. or else they should the transaction fees

I think it has effect and look at for the price for today is this not a high price for you? And bitcoin reached some good price for those past months of halving still on the process and price reached at 700$+ wich is good thing happen for it.

mirakal

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Quote from: rio3233 on July 29, 2016, 11:46:46 AM

Maybe the next halving will works. Because many people will expected like the last halving and people will keep their bitcoins and it's make the price of bitcoin increase same as now.

Halving always brings a good result but the result could not be felt directly and immediately, we need time to feel it and that is the situation where our trust in bitcoin will be tested, it is the time where we can evaluate ourselves that whether we should still hold or sell it.

Vikingr

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In the previous halving the price increased about three or four times and in the present halving the price doubled before halving day and the expectation is still there that the price will increase more after a few months, so keeping this in mind everyone will once again try to get bigger profit from the coming halving in 2020 and so everyone will buy more and more and with that the price will once again boost higher.

bitdumper

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yes it does. maybe we know that price does not effect much during halng process but we know one thing that bitcoin block reward will be teduced and miners will need more power to get more profit. or else they should the transaction fees

rio3233

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Maybe the next halving will works. Because many people will expected like the last halving and people will keep their bitcoins and it's make the price of bitcoin increase same as now.

eternalgloom

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Quote from: sanas on July 29, 2016, 03:32:29 AM

Quote from: rekinthis on July 28, 2016, 07:33:42 AM

Quote from: adibe on July 28, 2016, 04:14:50 AM

I think yes, the halving is really matter to bitcoin. It's make the price of bitcoins increase so high up to 60% and bitcoin become more popular and makes more people use bitcoin.

of course halving really matters, because of halving the price is supposed to go up a lot in the future, its nice to see that the price can increase like 60 per cent because of that

The having will have some effect in the next two to three halving. After that, it will have much less effect.

Why are you saying this? At least give some reason why you think this would be the case...
The halving in itself do not have any real effect at all, except for miners, who just get less Bitcoins per block.

The rest is just hype.

sanas

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Quote from: rekinthis on July 28, 2016, 07:33:42 AM

Quote from: adibe on July 28, 2016, 04:14:50 AM

I think yes, the halving is really matter to bitcoin. It's make the price of bitcoins increase so high up to 60% and bitcoin become more popular and makes more people use bitcoin.

of course halving really matters, because of halving the price is supposed to go up a lot in the future, its nice to see that the price can increase like 60 per cent because of that

The having will have some effect in the next two to three halving. After that, it will have much less effect.

rekinthis

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Quote from: adibe on July 28, 2016, 04:14:50 AM

I think yes, the halving is really matter to bitcoin. It's make the price of bitcoins increase so high up to 60% and bitcoin become more popular and makes more people use bitcoin.

of course halving really matters, because of halving the price is supposed to go up a lot in the future, its nice to see that the price can increase like 60 per cent because of that

Maslate

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Quote from: Doamader on July 28, 2016, 06:55:48 AM

The next halving will take some years to complete, and sure it will matter, on the next years bitcoin should become more stable, and can achieve maturity, soo people can join and see they are investing into some gold eggs, volatil but with huge potencial.

Maybe this halving would be the basis if the next halving would be good for us or not, like people have already predicted that the price will rise eventually after the halving but as of now we have not seen any great improvement of the price.

That would only prove that only those who can hold bitcoins for a longer period of time will surely benefit from their investments and the weak hand will lose.

Doamader

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The next halving will take some years to complete, and sure it will matter, on the next years bitcoin should become more stable, and can achieve maturity, soo people can join and see they are investing into some gold eggs, volatil but with huge potencial.

adibe

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I think yes, the halving is really matter to bitcoin. It's make the price of bitcoins increase so high up to 60% and bitcoin become more popular and makes more people use bitcoin.

mandica

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Quote from: 1Referee on July 26, 2016, 04:58:41 PM

Quote from: praprata on July 26, 2016, 04:23:11 PM

For me the halving seems to be a moment in time where the price needs to go up else miners will face financial problems.
The usual spirit is that the price and adoption depends on news.

Funny thing is that the price isn't reacting to good news anymore while the price goes down with the slightest form of news that a lot people see as bad news, while in fact it's not. Later once they start to realize it's not bad news at all, you see the price go up again. People somehow have a panic mechanism that takes over their state of mind in some occasions....

People are concentrating their attention on the Ethereum. The trading volume of the Ethereum is very large.

mrhelpful

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Quote from: praprata on July 26, 2016, 04:23:11 PM

For me the halving seems to be a moment in time where the price needs to go up else miners will face financial problems.
The usual spirit is that the price and adoption depends on news.

Its more of market reactions then news.. since some news dont have effect on what people think but it does give it a chance to promote for price flux.

I mean you got different type of traders / investors so all the price flux though is usually caused by daytraders.

1Referee

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Quote from: praprata on July 26, 2016, 04:23:11 PM

For me the halving seems to be a moment in time where the price needs to go up else miners will face financial problems.
The usual spirit is that the price and adoption depends on news.

Funny thing is that the price isn't reacting to good news anymore while the price goes down with the slightest form of news that a lot people see as bad news, while in fact it's not. Later once they start to realize it's not bad news at all, you see the price go up again. People somehow have a panic mechanism that takes over their state of mind in some occasions....

praprata

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For me the halving seems to be a moment in time where the price needs to go up else miners will face financial problems.
The usual spirit is that the price and adoption depends on news.

Jmild1

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Quote from: rekinthis on July 26, 2016, 02:26:01 PM

Quote from: sanas on July 21, 2016, 08:25:40 AM

Quote from: mandica on July 18, 2016, 04:41:53 AM

Quote from: mirakal on July 17, 2016, 11:35:52 PM

Quote from: wildan88 on July 17, 2016, 06:35:50 AM

prediction No. 1 and 2 right, but no 3 was wrong. to date no panic after the price does not increase. but chances are they would prefer to be patient and confident the price will increase. because the effect of halving will not happen immediately. at least until the end of the year we could see higher prices

I agree with you, I should wait for more months before I dump my bitcoins, I believe this year we can see a good price as the effect of halving and I would like also to see the price will continuously grow in the succeeding years. Maybe that could possibly happen as we are increase in number of volume in terms on users of bitcoins.

There is no need to dump your bitcoin if you do not need to use it to support your life. Just hold for the long term.

That is right. The bitcoin price will rise a lot in the next few decades after more and more people use it.

well anything might happen with the price if there is no demand the price wont grow or it will go down, i would be really careful about it

People won't say that the price will go up if they are not sure that demand won't increase. The time that people saying price will go up, it means they already knew that the demand will make a big jump too. So it means there's a fact behind those speculation they make.

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