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Topic: Everyone is hyping about bitcoin price in 2016 - page 7. (Read 10723 times)

newbie
Activity: 39
Merit: 0
the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low

If 0.1% of Wall Street money comes to bitcoin and other digital coins, the price of bitcoin will sky rocket.
legendary
Activity: 2380
Merit: 1026
Ok for example Chinese, i meant to say lowest mining price, approcimatly, does not need exact number.. 300, 400$? And when you know is this number higher than actual price, and what will be mining price after having...All This can help you to know to understand where we are heading.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.
Yes this is scenario i also trying to understand and to imagine.
People are weak and panic can be triggered within seconds, this is why trade is not for all people. I think price of mining will determine next realistic price for a longer time, because miners won't sell under and investors wont buy much over that price.
What is price of mining now? Real price?


It mostly depends on where you are mining. Miners in most parts of Europe are paying way more fiat for electricity, than for example the hordes of Chinese miners. They also have the advantage of cheaper hardware, lower cost of rent, salaries etc.
legendary
Activity: 2380
Merit: 1026
I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.
Yes this is scenario i also trying to understand and to imagine.
People are weak and panic can be triggered within seconds, this is why trade is not for all people. I think price of mining will determine next realistic price for a longer time, because miners won't sell under and investors wont buy much over that price.
What is price of mining now? Real price?
full member
Activity: 225
Merit: 100
I am stocking up now. 2016 is going to be the year that BTC comes back to the thousands $ in price.
sr. member
Activity: 294
Merit: 250
yeah everyone is hyping about bitcoin halving
but honestly, I feel so so. I can only pray and hope for the best in the 2016
sr. member
Activity: 420
Merit: 250
I think everyone is hyping because halving is coming. And many people predict the price of bitcoin increase in 2016 because of halving. and i hope it happen too.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low

I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.
sr. member
Activity: 378
Merit: 251
the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
Hyping on the bitcoin price is going high, as the halving is expected this year the price hype is circulating much than other years of bitcoin.
sr. member
Activity: 476
Merit: 250
Everyone is hyping about the price because of the halving. However, I believe that the market already corrected itself and we probably won't see such a big advancement in the price...
And many people will be disappointed. But this is not first and probably not last time we see pump and dumps. Hype is created not because bitcoin will suddenly become rare or mining will become become double expensive, simple whales want more money, and they will pump it.
hero member
Activity: 504
Merit: 500
Everyone is hyping about the price because of the halving. However, I believe that the market already corrected itself and we probably won't see such a big advancement in the price...
member
Activity: 86
Merit: 27
The bitcoin price will rise in 2016. That is due to many factors. The number one is the more adoption of bitcoin. The next is the halving.
But, if blocksize remain stuck at 1mb, how does more adoption take place?
hero member
Activity: 784
Merit: 501
I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.
After 2016, next halving will be at 2020.
full member
Activity: 201
Merit: 100
The bitcoin price will rise in 2016. That is due to many factors. The number one is the more adoption of bitcoin. The next is the halving.
sr. member
Activity: 294
Merit: 250
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
some people said that no one can answer what will happen to bitcoin price when bitcoin halving come,and i search in google about that,and i also can't find sastify answer.
hero member
Activity: 529
Merit: 500
I think, in the long run, it is up.

I don't think it's going to fall at least
full member
Activity: 242
Merit: 100
Blockchain-based Financial Ecosystem
I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

yeah every body is hyping bitcoin price in 2016 hope same like amount also keep 2017 and very good for business and for earn money
full member
Activity: 201
Merit: 100
the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.
full member
Activity: 490
Merit: 100
the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.
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