Halving event: expectation vs. reality

Osakiman

newbie

Activity: 21

Merit: 0

Quote from: marcuslong on October 12, 2016, 09:15:48 AM

Everyone your mainstream they saying all about halving is it will be separated bitcoin into two for example if you had receving bitcoin 0.1 it will become 0.05 and i don't believe in this because i have own guts and i followed it and some said that bitcoin will become more really expensive.

The price effect of the halving is temperaory. The adoption of the bitcoin by the main stream is long lasting.

marcuslong

legendary

Activity: 1036

Merit: 1002

Everyone your mainstream they saying all about halving is it will be separated bitcoin into two for example if you had receving bitcoin 0.1 it will become 0.05 and i don't believe in this because i have own guts and i followed it and some said that bitcoin will become more really expensive.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: croutonhexagon on October 12, 2016, 02:17:24 AM

I am very disappointed in this last july halving because I thought that price will rise up so hurriedly i had bought 0.1 bitcoin and later on after halving nothing changes came. All it was on the same line that is around $600. Later on had to sell my bitcoin at the same rate to the same trader. Once again i become fool. So i am very disappointed for this event.

I don't know why you bumped this old topic to talk about your disappointment but here are where you went wrong:

you bought late, after everybody has made their investment and price had gone up. so next time try to invest when the price is still low.
for example if you bought last week you could have made $30 profit on each coin. or buying in $400 range before the rise meant a $380 profit on each coin.

0.1BTC was like $40 and I don't see any room for disappointment since it was already low amount and it can not be called investment ! which means even if price went up to your expectation it wouldn't still be any considerable profit.

croutonhexagon

full member

Activity: 238

Merit: 100

I am very disappointed in this last july halving because I thought that price will rise up so hurriedly i had bought 0.1 bitcoin and later on after halving nothing changes came. All it was on the same line that is around $600. Later on had to sell my bitcoin at the same rate to the same trader. Once again i become fool. So i am very disappointed for this event.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: dhampir-D on September 01, 2016, 09:33:02 AM

Quote from: MedaR on August 08, 2016, 11:25:49 AM

Majority of people here is not attracted to bitcoin nor they like idea but instead they love making money. I'm here because of money, but i also like idea!

Bitcoin is good as investment, but also for making new friendships and business connections, and much more .This forum as propagator of bitcoin is also very good place for learning for example.

Eventualy people will realise posibilities, an they will adopt till then whales will make good money..

That's a good point. I also like the profit, but that's just possible because of the tech behind it, which solves real world problems. In that sense i like both things, the possibility to make profit and the technology that makes it possible.

You have your points there. I too was enticed by the idea that you can make money easy with bitcoin which is the very first reason I joined in.
However, I do not see how this post is any related to the thread of halving event's deviation from expectation.

dhampir-D

sr. member

Activity: 454

Merit: 250

Quote from: MedaR on August 08, 2016, 11:25:49 AM

Majority of people here is not attracted to bitcoin nor they like idea but instead they love making money. I'm here because of money, but i also like idea!

Bitcoin is good as investment, but also for making new friendships and business connections, and much more .This forum as propagator of bitcoin is also very good place for learning for example.

Eventualy people will realise posibilities, an they will adopt till then whales will make good money..

That's a good point. I also like the profit, but that's just possible because of the tech behind it, which solves real world problems. In that sense i like both things, the possibility to make profit and the technology that makes it possible.

bitgolden

legendary

Activity: 2772

Merit: 1128

Leading Crypto Sports Betting & Casino Platform

Quote from: Betwrong on August 07, 2016, 03:49:53 AM

Quote from: Osakiman on August 07, 2016, 01:52:46 AM

Quote from: serjent05 on July 25, 2016, 12:04:59 PM

OP shouldnt be disapponted with what happen to the price of Bitcon after halving. Price had been increasing this past months. from somewhere 300 USD to peak 700+ Usd, now it is stable at 630usd - 680 usd am sure lots have profited from this event. If you are expecting higher price than this, I think you need to wait another semester.

Even today's price after the Bitfinex hack is still double 12 month ago price. So the halving has some effects.

I agree. The price was around $250 12 months ago and it's $586 right now so it was more than doubled actually. I'm not disappointed by today's price although I do think that it will be over $600 very soon.

It really increased our money we should have to be happy with halving, and you are right the price now is tending to increase to reach to $600 and I hope that bitcoin will reach to its previous value of $650 within a week or two.

Betwrong

legendary

Activity: 3234

Merit: 2112

Stand with Ukraine

Quote from: pereira4 on August 08, 2016, 06:59:37 AM

Whoever expected an instant pump was delusional. I always thought something like this would happen. Price would go up prior halving slowly, then a couple months of more or less stability (except the dump due the bitfinex hack but we are getting back to the latest price soon) then we will go to 2000+ dollars next year.

I'd like to think you are right but 2000+ is hard to believe actually. I think it will be around $1000+ by the Summer 2017, but this will be no pump.this will be a stable price (+- 10% - 15 % of course because it's Bitcoin).

20kevin20

legendary

Activity: 1134

Merit: 1597

Quote from: MingLee on August 08, 2016, 12:20:29 PM

Quote from: Dr.Osh on August 08, 2016, 12:01:48 PM

Well, I was just disappointed bitcoin prices down very quickly, and theft 120k BTC, but I was never in doubt with bitcoin. I think bitcoin is a technology that would soon develop, and became popular in the community. when it happens, perhaps the price of bitcoin will reach its highest price, and it will be stable, because all people are aware of how good looking bitcoin

The prices didn't go down too quickly after the halving, they basically set themselves up and then went down because of a lot of speculation about people buying because of the halving, and it somewhat inflated the value. Had there not been a setup like the one we saw, chances are the value wouldn't have gone down and thus we wouldn't be in a situation like the on the market is currently in, aside from the bitfinex hack.

It's going to slowly rise now though. Bitfinex 'hack' might have generated a big loss in BTC's price, but it isn't going to last long. People are now hearing about Bitcoin, gaining trust. Surprisingly, many times an event like this brings the company more traffic than before.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: MedaR on August 07, 2016, 06:22:11 AM

As i expected price will fluctuate between 500 and 700$ for some time.
This can be called stability, and this will attract more investors, so price will rise naturally but slow. This is good!

I think the fluctuations will not be that much higher (from $500 to $700) it will be near to a specific value and smaller fluctuations will be there, and you are true that the price of bitcoin will rise naturally but will be slow in most of the time, and I love the slow rise as with that we do not face a bigger dump suddenly.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: Dr.Osh on August 08, 2016, 12:01:48 PM

Well, I was just disappointed bitcoin prices down very quickly, and theft 120k BTC, but I was never in doubt with bitcoin. I think bitcoin is a technology that would soon develop, and became popular in the community. when it happens, perhaps the price of bitcoin will reach its highest price, and it will be stable, because all people are aware of how good looking bitcoin

The prices didn't go down too quickly after the halving, they basically set themselves up and then went down because of a lot of speculation about people buying because of the halving, and it somewhat inflated the value. Had there not been a setup like the one we saw, chances are the value wouldn't have gone down and thus we wouldn't be in a situation like the on the market is currently in, aside from the bitfinex hack.

Dr.Osh

legendary

Activity: 2688

Merit: 1004

Sugars.zone | DatingFi - Earn for Posting

Well, I was just disappointed bitcoin prices down very quickly, and theft 120k BTC, but I was never in doubt with bitcoin. I think bitcoin is a technology that would soon develop, and became popular in the community. when it happens, perhaps the price of bitcoin will reach its highest price, and it will be stable, because all people are aware of how good looking bitcoin

MedaR

legendary

Activity: 2380

Merit: 1026

Majority of people here is not attracted to bitcoin nor they like idea but instead they love making money. I'm here because of money, but i also like idea!

Bitcoin is good as investment, but also for making new friendships and business connections, and much more .This forum as propagator of bitcoin is also very good place for learning for example.

Eventualy people will realise posibilities, an they will adopt till then whales will make good money..

yayayo

legendary

Activity: 1806

Merit: 1024

It's kinda sad that people focus so much on the Bitcoin price. Besides that fiat due to its inflationary exposure is a pretty bad benchmark for value, people should focus a bit more on the health of the network and the Bitcoin ecosystem. In that regard, the halving fulfilled all expectations: Bitcoin is working as planned, mining continues and transactions are flowing. That alone is a reason to be happy!

Regarding the value prediction around the halving: It's not surprising that the expectations of a quick rise in Bitcoin valuation after the halving turned out to be unfounded. In general, when most people expect something in the field of economics, it doesn't materialize, since people change their behavior in advance of the event. Moreover, the prediction of a rise in valuation after the halving was based on an entirely selective interpretation of a single data point (the previous halving) that left out other contributing factors to Bitcoin's valuation.

ya.ya.yo!

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

Quote from: pereira4 on August 08, 2016, 06:59:37 AM

Whoever expected an instant pump was delusional. I always thought something like this would happen. Price would go up prior halving slowly, then a couple months of more or less stability (except the dump due the bitfinex hack but we are getting back to the latest price soon) then we will go to 2000+ dollars next year.

exactly.
i was expecting the same scenario too. the price rise prior to halving was the hype effect on the price and the dump before the hack was because of some shake out and the disappointments and naivete of traders. now thanks to them whales have more cheap coins at their disposal.

pereira4

legendary

Activity: 1610

Merit: 1183

Whoever expected an instant pump was delusional. I always thought something like this would happen. Price would go up prior halving slowly, then a couple months of more or less stability (except the dump due the bitfinex hack but we are getting back to the latest price soon) then we will go to 2000+ dollars next year.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: MedaR on August 08, 2016, 06:21:04 AM

Next halving is going to be epic! Grin

We have few years to prepare ourselves, for that event. Roll Eyes

Why we even bother so much with this event?
I think we should focus on market, and rising demand..evrithing else is speculative.
Reality is the bitcoin becoming very popular, and demand will influence the price.
Halving is used only by whales for creating mass hysteria..And profit.

this halving is not done yet, it just the beginning, the real bubble need still to come in play, at current level bitcoin is very undervalued and before the next halving, i'm expecting a solid 1k+ value

MedaR

legendary

Activity: 2380

Merit: 1026

Next halving is going to be epic! Grin

We have few years to prepare ourselves, for that event. Roll Eyes

Why we even bother so much with this event?
I think we should focus on market, and rising demand..evrithing else is speculative.
Reality is the bitcoin becoming very popular, and demand will influence the price.
Halving is used only by whales for creating mass hysteria..And profit.

lixer

hero member

Activity: 2492

Merit: 586

Quote from: Betwrong on August 07, 2016, 03:49:53 AM

Quote from: Osakiman on August 07, 2016, 01:52:46 AM

Quote from: serjent05 on July 25, 2016, 12:04:59 PM

OP shouldnt be disapponted with what happen to the price of Bitcon after halving. Price had been increasing this past months. from somewhere 300 USD to peak 700+ Usd, now it is stable at 630usd - 680 usd am sure lots have profited from this event. If you are expecting higher price than this, I think you need to wait another semester.

Even today's price after the Bitfinex hack is still double 12 month ago price. So the halving has some effects.

I agree. The price was around $250 12 months ago and it's $586 right now so it was more than doubled actually. I'm not disappointed by today's price although I do think that it will be over $600 very soon.

Yes, we should not have to be disappointed as with the news of halving more and more eople started to adopt bitcoin and from that time the price of bitcoin started to increase and it doubled all of our money in there.

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: MedaR on August 07, 2016, 06:22:11 AM

As i expected price will fluctuate between 500 and 700$ for some time.
This can be called stability, and this will attract more investors, so price will rise naturally but slow. This is good!

The good things can we taking from the situation of bitcoin price in this time is their stability just recovering into their previous value but with slowly. it's will more assert if bitcoin in a safe place

Topic: Halving event: expectation vs. reality (Read 4923 times)