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Topic: Gentlemen, i think it's safe to say we're the new halving elite - page 4. (Read 7594 times)

legendary
Activity: 3248
Merit: 1070
The problem is, you're ignoring 99.9999999999999% of what affects the price because "you don't know". so you're taking that 0.0000000000001% that you know and confidently making predictions based on it. That doesn't make sense at all.

But we had this argument many times already so I'll stop there.

so you think that the halving, which is known to occur at 100% unless bitcoin die before july 2016, to be worth only 0.0000...1%? lol no way

the halving will have the same impact as the supply and demand, after all it's another form of supply and demand with a smaller scale
If I give an objective answer, I think the having will account for AT MOST 5% of the value. But I believe it's less than 1%.


How important do you think the having is? 50%? 80%?

the halving will not lead the new price by itself only, but by the demand it will rise because of the hype around it, this is the truly impact of the halving on the future value

and going by this the impact will be very high, i would say that the price will rise at 99% because of the halving and the hype that will be generated around it
legendary
Activity: 3038
Merit: 1169
There is a chance that Bitcoin will increase by next year so a lot of people that I know saving bitcoin before that
and I am pretty excited before it happen!  Roll Eyes
hero member
Activity: 569
Merit: 500
Miners wont sell their bitcoins at same price if they can mine only half number of bitcoins than earlier.
(Miners will increase their selling price.)

Who bought their bitcoins over X $ wont sell them under X $ nearing to halving.
Also early adopters wont sell their bitcoins.  

The only sellers on "low price"  will be those who needs fiat instantly.
(+ some bitcoin payment processor , but those supply is "constant" )  
hero member
Activity: 546
Merit: 500
Haha I like the idea of this thread, just needed to get a post in on the 1st page incase the price does go up massively as a result of the halving next summer.

Kind of a - 'I was there' - thing. Grin

Its going up for sure, anyone see litecoin price stable at around $3 for a while now after halving, a very good clue that the halving will at very least double a price.
full member
Activity: 144
Merit: 101
Too self-aware...but I'll go along with it.
sr. member
Activity: 322
Merit: 250
The problem is, you're ignoring 99.9999999999999% of what affects the price because "you don't know". so you're taking that 0.0000000000001% that you know and confidently making predictions based on it. That doesn't make sense at all.

But we had this argument many times already so I'll stop there.

so you think that the halving, which is known to occur at 100% unless bitcoin die before july 2016, to be worth only 0.0000...1%? lol no way

the halving will have the same impact as the supply and demand, after all it's another form of supply and demand with a smaller scale
If I give an objective answer, I think the having will account for AT MOST 5% of the value. But I believe it's less than 1%.


How important do you think the having is? 50%? 80%?
full member
Activity: 196
Merit: 100
To some extent OP is correct..Halving will definitely decrease the supply of bitcoins but this factor alone will not be responsible for increasing the price of bitcoins because it's simple economics for price to rise demand must be very high and supply should be low then only price will skyrocket and when the halving occurs then supply will decrease but demand will be same so price will increase accordingly..if we want price should go very high then we should promote bitcoins and we should tell more about bitcoins to others so that other people who are yet not bitcoiners come and buy some bitcoins and therefore increasing the price Grin
legendary
Activity: 3248
Merit: 1070
The problem is, you're ignoring 99.9999999999999% of what affects the price because "you don't know". so you're taking that 0.0000000000001% that you know and confidently making predictions based on it. That doesn't make sense at all.

But we had this argument many times already so I'll stop there.

so you think that the halving, which is known to occur at 100% unless bitcoin die before july 2016, to be worth only 0.0000...1%? lol no way

the halving will have the same impact as the supply and demand, after all it's another form of supply and demand with a smaller scale
full member
Activity: 167
Merit: 100
In the past four years, there's probably never been a safer time to hold Bitcoin than now.



Actually I feel the same way I mean how who else will dominate of course the coin handlers today and in the future we better gather some more coins.
sr. member
Activity: 322
Merit: 250



where i did say that the halving is the only thing that will change the price and everything else will stay equal? you can't assume shit on something you don't know, you don't know if demand will increase or not, so i put aside this factor

but you can know for sure 100% that if there are less coins produced, there would be less dumping, unless you think that right now miners are dumping 1800 coins, and after the halving they will dump all the mined supply(1800 coins)

i'm still waiting for the source that it was a ponzi or pyramid about the recent litecoin pump, until now every halving has brought a pump, there were no exception, so why you should think that bitcoin is different, when we are talking about the king here?

the only thing that should be clear, is that the pump will not occur the same day of the halving, it can occur 6 months before or 3 months after, but it was still caused by the halving in any of these case
There was a video in the altcoin forums, but I'm too lazy to search it up.


there is only one reason why bitcoin must increase in value
block halving, if the value will not increase at the end miners will leave the scene, and bitcoin will die inevitably

The problem is, you're ignoring 99.9999999999999% of what affects the price because "you don't know". so you're taking that 0.0000000000001% that you know and confidently making predictions based on it. That doesn't make sense at all.

But we had this argument many times already so I'll stop there.

hero member
Activity: 675
Merit: 500
I do agree that this is best time to hold as after halving there will be huge increase in price of bitcoin.Bitcoin is on the way to be most previous and valuable digital currency of future.Halving of blocks will be one more step towards this goal.

the supply side has long been known.

but the demand side has been very hard to read. we have lots of market manipulation even by the very exchanges that help "set" the price as they trade in the market too. in the last few months the price has been in the $200-$300 range. I think this range is so large that it will not be possible to see any halving price effect even if there is one.  Tongue



Assuming demand side remains constant (big assumption), we can hope for some price increase close to the block reward halving.
legendary
Activity: 1512
Merit: 1012
Quote
fear for little investors

honestly ?

investissors don't even known how blockchain system (mining, nodes, ledger) work at the begin ... so talk about XT is a no-sens.  Roll Eyes
hero member
Activity: 728
Merit: 500
I will say current price is because of debates regarding blocksize and Xt which created atmosphere of fear for little investors.Once things will be settled down for good halving will surely have positive and healthy effect on price too.I also see increase in price after halving.
member
Activity: 115
Merit: 10
I do agree that this is best time to hold as after halving there will be huge increase in price of bitcoin.Bitcoin is on the way to be most previous and valuable digital currency of future.Halving of blocks will be one more step towards this goal.

the supply side has long been known.

but the demand side has been very hard to read. we have lots of market manipulation even by the very exchanges that help "set" the price as they trade in the market too. in the last few months the price has been in the $200-$300 range. I think this range is so large that it will not be possible to see any halving price effect even if there is one.  Tongue
hero member
Activity: 714
Merit: 500
I do agree that this is best time to hold as after halving there will be huge increase in price of bitcoin.Bitcoin is on the way to be most previous and valuable digital currency of future.Halving of blocks will be one more step towards this goal.
legendary
Activity: 3248
Merit: 1070
The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.



unless you're making the trend, the pump will happen, almost certain, look at litecoin, it happen despite everyone thinking that it was dead, and it was a x15 if i'm not mistaken

the point in that it not will happen when you expect it, most likely not in the same day as the halving like a dating...
Litecoin's pump is because of pyramid schemes in China. It has nothing to do with the halving.

Let me tell you again, that your assumption that everything else will stay equal is so completely and absolutely flawed, I can't understand why you are so stubborn and refuse to accept this fact. The halving is a very small part of the equation, we really have no idea what will happen.

However, I do believe that bitcoin's price will change because of the halving. It's not that the halving itself is a really big factor, but there are many people who, like yourself, cannot understand that.

I predict that sometime before the halving, the price will go up, because people like Amph are going to buy coins in hope of a quick profit when the halving comes. But because the halving itself really is not a big factor at all, that pump does not happen, and then these people will start to lose faith and start dumping, which will crash the price for a little while.

where i did say that the halving is the only thing that will change the price and everything else will stay equal? you can't assume shit on something you don't know, you don't know if demand will increase or not, so i put aside this factor

but you can know for sure 100% that if there are less coins produced, there would be less dumping, unless you think that right now miners are dumping 1800 coins, and after the halving they will dump all the mined supply(1800 coins)

i'm still waiting for the source that it was a ponzi or pyramid about the recent litecoin pump, until now every halving has brought a pump, there were no exception, so why you should think that bitcoin is different, when we are talking about the king here?

the only thing that should be clear, is that the pump will not occur the same day of the halving, it can occur 6 months before or 3 months after, but it was still caused by the halving in any of these case
legendary
Activity: 2170
Merit: 1427
I hope we are more than just the halving elite. But yeah, people who aren't holding till Juli 2016 are going to miss out bigtime.

Holding Bitcoin is always the best option, especially if you can buy them at current price. Investing and making profit can't be more easy than it is right now  Wink
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
We Will (always) Win.



Love this GIF Grin. Going to steal it for future use Smiley

There's no such thing as defeat for bitcoin, only delayed victory!

Grin That's the spirit. Remember this day Gentlemen! Page 1 of the halving elite thread. We were here Wink

I also think that the solid floor has been formed. With the upcoming halving I don't think that we will be heading south, on the contrary, I believe we will be going only up in the upcoming moths and just until the halving.

I must agree with the OP, this is a quite safe time to hold some bitcoins.

Agree Mickeyb!
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I also think that the solid floor has been formed. With the upcoming halving I don't think that we will be heading south, on the contrary, I believe we will be going only up in the upcoming moths and just until the halving.

I must agree with the OP, this is a quite safe time to hold some bitcoins.
legendary
Activity: 1946
Merit: 1007
We may be part of the new elite, but that will not be because of the halving.

It is just generally a good time now to buy as the lows have been tested multiple times and we don't seem to be able to break down more.

It is just a matter of time to enjoy the rise again Smiley
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