Halving already 100% priced in! Would you buy or sell now? - page 4.

disclaimer201

legendary

Activity: 1526

Merit: 1001

Quote from: Denker on January 01, 2016, 01:39:07 PM

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!

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.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

I do nothing...the market has already regulated it...
halving can only help to increase the price...it's logic.

The problem will be for the miners...now it is 25 + 1 = 26 BTC (or so)(1 btc from transactions)
after we will have 12.5 +1.5 = 14 (or so)

it will be interesting to see how the miners will mine.
I'm impatient to see.

Pab

legendary

Activity: 1862

Merit: 1012

You see halving like only one reason for btc price increase If it is only one reason btc have to move above 600$ and comeback to 400$

terman45x

hero member

Activity: 840

Merit: 1000

after halving mining won't profitable anymore if price doesn't increase,I think price will hit 1000$ before halving so bitcoin is still a good investment

NorrisK

legendary

Activity: 1946

Merit: 1007

If there is not reason for the price to climb after the halving, there is also no reason for the price to fall.

I would sit tight on my coins (I'm doing this) and wait for the natural growth of bitcoin, which is going to happen unrelated to the halving anyway.

Denker

legendary

Activity: 1442

Merit: 1016

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!

mtnsaa

legendary

Activity: 1568

Merit: 1000

I think that if all remains the same, the price SHOULD go up, that's a fact since mining won't be as profitable therefore less BTC will be available every day that passes. However in these types of periods is where we will see if Bitcoin has actual demand and if a price of close to $1000 or more would be viable and not ridiculous. If it is, then the sky is the limit since there's a fixed amount of BTC so all our dreams will come true, value will continue to rise. The problem I see is that Bitcoin it is still just and investment, no common person needs it for anything and it's still far too complicated to be adopted by common folks, so I don't think demand will be huge after the halving if Bitcoin development can't evolve.

wildan88

legendary

Activity: 1862

Merit: 1046

I will sell and then wait for price drops and then buy as much as possible and wait for halving occurs

Amph

legendary

Activity: 3248

Merit: 1070

the key factor is the diff, if the diff increase too much before the halving, this price will not be sustainable

right now the ratio between the earning and consumption is 6:1, before was 8:1, so you see it increase pretty fast, 20% each month at least

at this rate, the final earning will be very minimal

mobnepal

legendary

Activity: 1218

Merit: 1006

Only reward cutting half will not be able to make price to get pump as new coin will be smaller portion of the already mined and almost sold coins from miners. People sentiment and hope may play some role so i will not be expecting price to get over 500 within halving or before it.

I suggest only to do day trade as the straight uptrend of months seems to get stucked from novemeber and december.

smith coins

hero member

Activity: 504

Merit: 500

Quote from: disclaimer201 on January 01, 2016, 10:52:01 AM

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.

430 is too low to sell and too high to buy, then whats the best solution for this case!
The price should go up because the reward for the block will be cut by 50% and maybe the block size issue by that time will be solved.

Alley

legendary

Activity: 910

Merit: 1000

Odd question from a legendary member. You really need us to tell you to buy or sell?

disclaimer201

legendary

Activity: 1526

Merit: 1001

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.

Topic: Halving already 100% priced in! Would you buy or sell now? - page 4. (Read 3256 times)