Getting closer to Halving but .. no increase ? - page 11.

kokojie

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Quote from: venan on March 23, 2016, 11:26:25 AM

Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

i think its normal, before halving price will even decreased a little. but after halving price will grow, so just wait and in august or September increase will begin

Yes I think price decrease before the halving because the halving hasn't happened yet, and some people fear "change", halving is a pretty big "change".

Then the halving hits, and daily supply/demand relationship will be changed significantly overnight, then people will realize there's only 1/2 supply on the same daily demand. They start panic buying and Bitcoin rise thousands of percent in the following year.

jt byte

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Quote from: richardsNY on March 23, 2016, 01:53:29 PM

Quote from: venan on March 23, 2016, 11:26:25 AM

Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

i think its normal, before halving price will even decreased a little. but after halving price will grow, so just wait and in august or September increase will begin

It's more likely to see the price go up before the block halving as people will buy as they expect the price to go up. Once the block halving is done people will either sell their coins or they keep holding as they are too late to sell.

Its all a matter of time in my opinion it will happen but its just take some time before it will unwraps itself totally.
It still a couple months till the halving will happen so there is still enough time to see some signs its gonna starts.
I think its just to early right now if I'm honest.

richardsNY

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Quote from: venan on March 23, 2016, 11:26:25 AM

Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

i think its normal, before halving price will even decreased a little. but after halving price will grow, so just wait and in august or September increase will begin

It's more likely to see the price go up before the block halving as people will buy as they expect the price to go up. Once the block halving is done people will either sell their coins or they keep holding as they are too late to sell.

Zaun

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Quote from: mrhelpful on March 23, 2016, 01:09:03 PM

Quote from: Denker on March 23, 2016, 11:21:11 AM

Quote from: ~Bitcoin~ on March 23, 2016, 10:38:59 AM

I am also currently suprised to not see any significant growth in price. But i think there will be quick straight rise in halving because whales like to collect enough cheap coins before halving right now.

Last halving the rise took place mostly after it happened and not before.
Maybe this time it won't that much different.
Or in worst case it is already priced in and nothing will happen.
I'd say let's wait and see.That is all we can do right?!

This is what most people dont get lol.

The price point usually settles after not before. Thats because some people are not informed and they react to the news later or its more of a gradual sense.

Indeed it just need some time before it will rises to a higher amount and mostly this will be when the halving has been done.
Maybe it will even go a bit of because of the people that are investing in the bitcoin itself but that not to predict.

mrhelpful

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Quote from: Denker on March 23, 2016, 11:21:11 AM

Quote from: ~Bitcoin~ on March 23, 2016, 10:38:59 AM

I am also currently suprised to not see any significant growth in price. But i think there will be quick straight rise in halving because whales like to collect enough cheap coins before halving right now.

Last halving the rise took place mostly after it happened and not before.
Maybe this time it won't that much different.
Or in worst case it is already priced in and nothing will happen.
I'd say let's wait and see.That is all we can do right?!

This is what most people dont get lol.

The price point usually settles after not before. Thats because some people are not informed and they react to the news later or its more of a gradual sense.

venan

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Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

i think its normal, before halving price will even decreased a little. but after halving price will grow, so just wait and in august or September increase will begin

Denker

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Quote from: ~Bitcoin~ on March 23, 2016, 10:38:59 AM

I am also currently suprised to not see any significant growth in price. But i think there will be quick straight rise in halving because whales like to collect enough cheap coins before halving right now.

Last halving the rise took place mostly after it happened and not before.
Maybe this time it won't that much different.
Or in worst case it is already priced in and nothing will happen.
I'd say let's wait and see.That is all we can do right?!

~Bitcoin~

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I am also currently suprised to not see any significant growth in price. But i think there will be quick straight rise in halving because whales like to collect enough cheap coins before halving right now.

pedrog

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Quote from: Snail2 on March 23, 2016, 09:54:55 AM

Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Last time around the halving the price slowly went from $5 (2012 summer) to $12-13 (2012 dec.) but that was lower than the then ATH (~$24). After the halving it kept climbing slowly for months. The latest LTC halving was a slightly different pattern: from <$2 it went to >$8 then back to $2 finally stabilized above $3.

With litecoin, the $8 peak was before the halving, and it was because of some huge Chinese ponzi scheme, after halving price went down from $3.3 to $2.8, and it has been moving around $3.

Snail2

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Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Last time around the halving the price slowly went from $5 (2012 summer) to $12-13 (2012 dec.) but that was lower than the then ATH (~$24). After the halving it kept climbing slowly for months. The latest LTC halving was a slightly different pattern: from <$2 it went to >$8 then back to $2 finally stabilized above $3.

Red-Apple

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Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

there is no normal defined. you can't expect the same changes happening as they happened last time.

but this stable state is normal for any rise, cause before the rise there is always a stable accumulation state.

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Quote from: BruceLee007 on March 23, 2016, 05:26:32 AM

yes if there would be no price rise now i would be totally normal, but best part is, that price rises now, everyone buys bitcoins just for chance to sell for huge price after halving, so price rises now and will rise for next two or three months for sure, till halving

Except the price skyrocketed AFTER halving last time and not before. China is also the prime mover of BTC currently and there's supposedly further yuan devaluations of like 30% coming, so they would all pile into Bitcoin even more.

BruceLee007

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Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

yes if there would be no price rise now i would be totally normal, but best part is, that price rises now, everyone buys bitcoins just for chance to sell for huge price after halving, so price rises now and will rise for next two or three months for sure, till halving

n691309

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Quote from: OmegaStarScream on March 21, 2016, 11:04:39 AM

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

I have seen the halving of litecoin and i can say that before the halving the price of it was really high, because everyone was thinking that the price after halving will be higher so the price went high. Now i think a great number of traders have been moved to ethereum and i think this should be the reason why bitcoin price is not jumping high.

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Quote from: pedrog on March 21, 2016, 12:53:54 PM

My bet is on a price drop, a big drop.

Add congested network in the moments of panic, and Bitcoin is done. This time, for real.

Amph

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Quote from: Sixt5 on March 22, 2016, 04:31:31 PM

how is the haling any different then the difficulty doubling? as a miner, i was mining x amount, now mining 1/2 of x.

because the difficulty doubling don't bring a value that is double of before, usually the diff follow this and not the opposite

nostal02

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Quote from: busybee7 on March 22, 2016, 05:25:46 PM

Quote from: Straux on March 22, 2016, 04:46:26 PM

I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

thats right, i think that halving itself wont have a huge effect on bitcoin price as some people will start selling some will start buying

for a new all time high we might have to wait for a few years more as the price is not spiking that much as it did a few years ago

A few years ago the prices was controlled by bots thats why it reaches 1k+,right now there are no bots to manipulate the price only whales and miners are now controlling the prices.

busybee7

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Quote from: Straux on March 22, 2016, 04:46:26 PM

I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

thats right, i think that halving itself wont have a huge effect on bitcoin price as some people will start selling some will start buying

for a new all time high we might have to wait for a few years more as the price is not spiking that much as it did a few years ago

Straux

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I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

Sixt5

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how is the haling any different then the difficulty doubling? as a miner, i was mining x amount, now mining 1/2 of x.

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