Topic: Halving already 100% priced in! Would you buy or sell now? - page 3. (Read 3256 times)
I don't think so, there is much more room for growth. I do even think we may see a new ATH this year. If you do think the halving is fully priced in, then you are better off by selling your coins and wait some months to buy back.
The halving is really weird occurence imo. From logical point of view price of bitcoin should rise significantly (less bitcoin in circulation=more demand=price rise)
But I learned that after previous halvings price always went down (either after 1st bitcoin halving or litecoin halving) Which is rather surprising for me.
So there is a reason why this time should be different?
But I learned that after previous halvings price always went down (either after 1st bitcoin halving or litecoin halving) Which is rather surprising for me.
So there is a reason why this time should be different?
I will just be holding for the foreseeable future, either bitcoin willl rise to unimaginable highs or i will lose all that ive invested. Whatever happens i dont need to do anything.
No, the halving is not priced in when it started to rise 8 months out. The big halving rise won't even start till around 3 months ahead of the halving. Halving will see a minimum of $600, but it will likely overshoot much higher then come back down and could also cause a bubble to $1600-3200 in the process. The goal of all big BTC holders was to accumulate most of it then pump later, and around 80% will already be mined by around that time, so then it's time to pump to the moon again.
It is middle ground pricing. This I agree with in the OP but having it already adjusted into the current price 
this I am having a difficult time to believe. Any proofs on this theory? I mean hard evidence.
this I am having a difficult time to believe. Any proofs on this theory? I mean hard evidence. I do not think price of bitcoin completed the climbing for the pre-halving consequence. May be it got doubled it's value, but that is not meaning, it has achieved all the appreciations for halving.
We are still far away from halving, so expect another doubling in bitcoin prices.
We are still far away from halving, so expect another doubling in bitcoin prices.
Yes we are just holding our fingers crossed and waiting for halving to happen because only the experienced people with more knowledge about Bitcoin will understand the affect of Halving.
I do not think price of bitcoin completed the climbing for the pre-halving consequence. May be it got doubled it's value, but that is not meaning, it has achieved all the appreciations for halving.
We are still far away from halving, so expect another doubling in bitcoin prices.
We are still far away from halving, so expect another doubling in bitcoin prices.
I've brought up the efficient market hypothesis as it pertains to the halving, but I've never had a response. I too think it's already priced in, if indeed it can be priced in. I'm not 100% sure how the bitcoin market works. Stocks I can understand because there are businesses behind the shares that can be analyzed, but bitcoin is something else. Nevertheless I don't think the price is going to be affected all that much. Guess we'll see, eh?
Read in several threads that mining would still be profitable for most miners if price wouldn't change at all when halving kicks in.
Until today I was absolutely sure the price would go up long before summer but apart from the psychological factor and the entire community awaiting an increase there is no reason this would happen. Were we all wrong? Ever since the first halving new coins hitting the market play only a minor role (no role at all anymore for BTC pricing). So why would the price go up?
I don't know about you but perhaps this isn't the time for coin accumulation after all. 430 is too low to sell and too high to buy imo.
Until today I was absolutely sure the price would go up long before summer but apart from the psychological factor and the entire community awaiting an increase there is no reason this would happen. Were we all wrong? Ever since the first halving new coins hitting the market play only a minor role (no role at all anymore for BTC pricing). So why would the price go up?
I don't know about you but perhaps this isn't the time for coin accumulation after all. 430 is too low to sell and too high to buy imo.
If the halving is already priced then it's better to sell now
i don't think the block halving price is 100% priced in already. i definitely won't sell any of my cold wallet coins at current price. i think there still is a 100% gain that we can achieve this year from current price.
legendary
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none i would just hold and when it goes low i would buy
supply will slow to a crawl as demand picks up big time.
>32,000$ <2 years.
>32,000$ <2 years.
It's still over half a year away. I don't see how something like that can be priced in yet. I'm far from convinced that it will have much effect but there's no way of knowing until the moment approaches.
Time to accumulate was the past several months when bitcoin was below $300, this is the time to HODL
edit :
or accumulate then HODL if you were too late or afraid to get the bargain prices for most of last year
I disagree halving has been priced already. I think price was too low after last bubble collapse, ability to short bitcoin helped push it even lower still, and then fears over blocksize and fork also put a lid on it. Rises we are seeing now are nothing yet.
edit :
or accumulate then HODL if you were too late or afraid to get the bargain prices for most of last year
I disagree halving has been priced already. I think price was too low after last bubble collapse, ability to short bitcoin helped push it even lower still, and then fears over blocksize and fork also put a lid on it. Rises we are seeing now are nothing yet.
I would hold what I have and accumulate more.
Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
Like I said, until recently I was convinced the price would skyrocket in 2016. But as some forum members have explained Bitcoin is unpredictable and if everone and their mother think it will go up, it might do something completely different.
I also believe it will go up a bit, but will it shoot up to the ATH? Mining has little to no effect on the price anymore.
Just because I'm Legendary doesn't mean I'm always bullish (though usually I am). But I'm beginning to doubt a bit if what everyone hopes for will actually happen. For a price increase we will need to see more than the halving, more adoption or good news like the recent European Court of Justice ruling.
I agree with everyone here who would hold their coins even if nothing happens to the price. But I don't think I will buy more coins at or above 400-430 right now.
Just because the price is going up doesnt mean it goes up every day. Some day there will be crashes it's just a normal market. So just be relaxed and dont check the price too often. Also sure buy some more coins still we are below 1/2 of the ATH.
I would hold what I have and accumulate more.
Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
Like I said, until recently I was convinced the price would skyrocket in 2016. But as some forum members have explained Bitcoin is unpredictable and if everone and their mother think it will go up, it might do something completely different.
I also believe it will go up a bit, but will it shoot up to the ATH? Mining has little to no effect on the price anymore.
Just because I'm Legendary doesn't mean I'm always bullish (though usually I am). But I'm beginning to doubt a bit if what everyone hopes for will actually happen. For a price increase we will need to see more than the halving, more adoption or good news like the recent European Court of Justice ruling.
I agree with everyone here who would hold their coins even if nothing happens to the price. But I don't think I will buy more coins at or above 400-430 right now.
Maybe your overthinking is the thing that'll get you, maybe not. I'm not an expert and I don't think there is a soothsayer who knows it all. My advice is to stay calm and hold/accumulate more coins. 430 dollars is a bargain really.
Read in several threads that mining would still be profitable for most miners if price wouldn't change at all when halving kicks in.
Until today I was absolutely sure the price would go up long before summer but apart from the psychological factor and the entire community awaiting an increase there is no reason this would happen. Were we all wrong? Ever since the first halving new coins hitting the market play only a minor role (no role at all anymore for BTC pricing). So why would the price go up?
I don't know about you but perhaps this isn't the time for coin accumulation after all. 430 is too low to sell and too high to buy imo.
Until today I was absolutely sure the price would go up long before summer but apart from the psychological factor and the entire community awaiting an increase there is no reason this would happen. Were we all wrong? Ever since the first halving new coins hitting the market play only a minor role (no role at all anymore for BTC pricing). So why would the price go up?
I don't know about you but perhaps this isn't the time for coin accumulation after all. 430 is too low to sell and too high to buy imo.
Everything is priced in, the halving, the block size scalability issues, etc - since these things were known about from the beginning - but the price always goes up. Thats very bullish signal.
Personally I do not think the halving has been priced in yet at current prices. Bitcoin is still well above the 200 week SMA which is at $260 today. I think we may see $400 once again and I would be a buyer at that level. I am optimistic for 2016 and expect to see $690 later in the year.
I would hold what I have and accumulate more.
Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
I agree with everyone here who would hold their coins even if nothing happens to the price. But I don't think I will buy more coins at or above 400-430 right now.Simple and easy to answer from my point of view.Even a disappointing halving would not destroy Bitcoin.
And just because everybody believes we will see more rise doesn't mean it won't happen.
It's the first I read a Legendary's post under the assumption he seems to fear the halving.That's weird!
It's a bit controversial here. Those who view the block reward halving as a milestone in Bitcoin’s journey of struggle and triumph will have a lot to celebrate. The block reward only gets cut in half after a certain amount of the total supply has been mined. Therefore, the only way this halving will continue is if miners continue to hash out blocks. And what is the only way to ensure the mining process continues? Bitcoin’s relevance is the key to this question; i,e. miners will only continue mining if there is a profit to be made from Bitcoin, which means people have to use and value the digital currency. Thus, a block size halving signifies that Bitcoin is still relevant, and it remained relevant for a significant amount of time.
Speculators, on the other hand, probably won’t have much to celebrate when the halving comes. These people think the price will skyrocket when the block reward diminishes. On the surface, that belief really makes sense. Supply shrinks relative to demand, so the price goes up. However, that isn’t exactly how the halving works. The actual supply will not decrease, rather, the rate of growth will slow. The supply, the amount of coins in existence, will still grow continuously. Thus, there is nothing about the halving to lead us to say with certainty that demand will outstrip supply and send the price soaring.
For the price to rise in response to the halving, demand will still have to overcome the amount of coins already in existence, in addition to the new coins being mined — even though they are being mined at a slower rate. In order for the price to really go up, demand would have to rise constantly while the growth in supply slows, until the growth in demand surpasses growth in supply. That doesn’t seem likely right now, though, since the price has remained fairly constant for almost a year — indicating that Bitcoiners are in some sort of holding pattern with their valuations.
So lets wait for the final results of our speculation whether we can celebrate the halving event or not.
Speculators, on the other hand, probably won’t have much to celebrate when the halving comes. These people think the price will skyrocket when the block reward diminishes. On the surface, that belief really makes sense. Supply shrinks relative to demand, so the price goes up. However, that isn’t exactly how the halving works. The actual supply will not decrease, rather, the rate of growth will slow. The supply, the amount of coins in existence, will still grow continuously. Thus, there is nothing about the halving to lead us to say with certainty that demand will outstrip supply and send the price soaring.
For the price to rise in response to the halving, demand will still have to overcome the amount of coins already in existence, in addition to the new coins being mined — even though they are being mined at a slower rate. In order for the price to really go up, demand would have to rise constantly while the growth in supply slows, until the growth in demand surpasses growth in supply. That doesn’t seem likely right now, though, since the price has remained fairly constant for almost a year — indicating that Bitcoiners are in some sort of holding pattern with their valuations.
So lets wait for the final results of our speculation whether we can celebrate the halving event or not.
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